Business

Oil falls over 6pc as Trump predicts Middle East de-escalation

Oil falls over 6pc as Trump predicts Middle East de-escalation

Oil ‌prices fell on Tuesday after hitting their highest level in more than three years in the prior session as…
Pakistan seeks Saudi Arabia’s $5bn oil facility, $5bn deposit rollover for 10 years

Pakistan seeks Saudi Arabia’s $5bn oil facility, $5bn deposit rollover for 10 years

ISLAMABAD: Pakistan has made eight requests to Saudi Arabia under long-term economic cooperation, including conversion of short-term existing deposits of…
SBP maintains policy rate at 10.5 percent

SBP maintains policy rate at 10.5 percent

KARACHI: The State Bank of Pakistan (SBP) on Monday decided to keep the policy rate unchanged at 11.50 percent. The…
After Centre’s massive fuel price hike, KP govt announces Rs2,200 subsidy for motorcyclists

After Centre’s massive fuel price hike, KP govt announces Rs2,200 subsidy for motorcyclists

Khyber Pakhtunkhwa Chief Minister Sohail Afridi announced a petrol subsidy package for up to 1.6 million motorcycle users in the…
New SOPs issued to ensure supply of petroleum products in Punjab

New SOPs issued to ensure supply of petroleum products in Punjab

New SOPs were issued on Monday to ensure monitoring of petroleum products in Punjab so that their uninterrupted supply could…
SECP introduces digital registry to bring transparency in corporate ownership

SECP introduces digital registry to bring transparency in corporate ownership

The Securities and Exchange Commission of Pakistan (SECP) has unveiled a new digital Ultimate Beneficial Ownership (UBO) registry, which aims…
PSX slumps over 11,000 points amid Middle East tensions, policy rate concerns

PSX slumps over 11,000 points amid Middle East tensions, policy rate concerns

KARACHI: The Pakistan Stock Exchange (PSX) continued its downward trend on Monday, with the KSE-100 index dropping more than 11,000…
IMF chief warns Middle East conflict testing global economic resilience

IMF chief warns Middle East conflict testing global economic resilience

PARIS: International Monetary Fund Managing Director Kristalina Georgieva has warned that a new conflict in the Middle East is testing…
Gold prices drop by Rs6,500 per tola

Gold prices drop by Rs6,500 per tola

KARACHI: Gold prices opened the new business week on a weak note in Pakistan, experiencing a notable decline on Monday,…
Oil prices surge 20pc as expanding US-Israeli war with Iran cuts supplies from Mideast

Oil prices surge 20pc as expanding US-Israeli war with Iran cuts supplies from Mideast

TOKYO: Oil prices surged about 20% on Monday, hitting their highest since July 2022, as the expanding U.S.-Israeli war with…
Back to top button