Business

China’s trade surplus tops $1tr despite plunge in US-bound exports

China’s trade surplus tops $1tr despite plunge in US-bound exports

BEIJING: China’s towering annual trade surplus surpassed $1 trillion for the first time last month, data showed on Monday, as…
PSX surges by over 700 points on IMF optimism

PSX surges by over 700 points on IMF optimism

KARACHI: The Pakistan Stock Exchange (PSX) opened the new business week with gains ahead of a meeting of the International…
Gold price rises by Rs1,600 per tola in Pakistan

Gold price rises by Rs1,600 per tola in Pakistan

ISLAMABAD: The price of per tola 24-karat gold on Monday increased by Rs1,600 to Rs443,762 compared to Rs442,162 on the…
Oil hovers near two-week highs on expected US interest rate cut, geopolitical risk

Oil hovers near two-week highs on expected US interest rate cut, geopolitical risk

SINGAPORE: Oil prices hovered at two-week highs on Monday as investors expect a likely U.S. Federal Reserve interest rate cut…
ADB okays $381m to modernize agri, education, health services in Punjab

ADB okays $381m to modernize agri, education, health services in Punjab

The Asian Development Bank (ADB) has approved three projects totaling $381 million to advance agriculture, education, and health services in…
Retail sugar price drops by Rs6.28: PBS

Retail sugar price drops by Rs6.28: PBS

The Pakistan Bureau of Statistics (PBS) issued a report on retail sugar prices in various cities, stating that sugar became…
Pakistan’s total debt snowballed to Rs76,980 billion

Pakistan’s total debt snowballed to Rs76,980 billion

Pakistan’s total debt, including both domestic and external borrowings, has exceeded Rs76,980 billion, according to the latest data released by…
Govt proposes tough new cybersecurity rules for virtual asset service providers

Govt proposes tough new cybersecurity rules for virtual asset service providers

ISLAMABAD: The government has proposed stringent new cybersecurity and technology governance rules for Virtual Asset Service Providers (VASPs), requiring all…
SBP injects over Rs2.6 trillion in the market

SBP injects over Rs2.6 trillion in the market

KARACHI: The State Bank of Pakistan (SBP) injected Rs 2,610.8 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based…
Foreign firms boost Pakistan’s confidence as 14 companies invest in seven months

Foreign firms boost Pakistan’s confidence as 14 companies invest in seven months

KARACHI: Pakistan’s global credibility appears to be strengthening as 14 foreign companies invested in the country over the past seven…
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