Business
Oil rises on prospects of wider Middle East war, firmer global supply caps gains
October 3, 2024
Oil rises on prospects of wider Middle East war, firmer global supply caps gains
SINGAPORE: Oil prices rose on Thursday as the prospect of a widening Middle East conflict that could disrupt crude oil…
Stocks surge over 900 points on renewed economic optimism in day trade
October 3, 2024
Stocks surge over 900 points on renewed economic optimism in day trade
A day after a flat close, stocks surged over 900 points in Thursday’s intraday trade, testing the 83,000-point barrier as…
Pakistan ‘decides’ against taking loan from commercial bank at 11% interest rate
October 2, 2024
Pakistan ‘decides’ against taking loan from commercial bank at 11% interest rate
ISLAMABAD: Pakistan has ‘decided’ against taking loans from commercial bank at higher interest rate, it was reported on Wednesday, citing…
Safe-haven dollar firms as war widens in Middle East
October 2, 2024
Safe-haven dollar firms as war widens in Middle East
SYDNEY: The dollar held onto its sharpest gains in a week on Wednesday after an Iranian missile attack on Israel…
Stocks falter after a brief upward spiral
October 2, 2024
Stocks falter after a brief upward spiral
KARACHI: A temporary thaw on political landscape coupled with economic stability achieved after the International Monetary Funds’ (IMF) first tranche…
‘Pakistan Economy Dashboard’ launched to promote transparency
October 2, 2024
‘Pakistan Economy Dashboard’ launched to promote transparency
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb said on Wednesday that the Pakistan Economy Dashboard (PED) would…
Oil prices jump in the aftermath of Iran’s strike
October 2, 2024
Oil prices jump in the aftermath of Iran’s strike
SINGAPORE: Oil prices surged after Iran fired ballistic missiles against Israel sparking fears of a wider conflict in the Middle…
Pakistan’s exports rise by 14.1%; trade deficit widens
October 2, 2024
Pakistan’s exports rise by 14.1%; trade deficit widens
ISLAMABAD: Pakistan’s exports have shown a massive increase in the first quarter of the financial year 2024, with exports rising…
FBR restructuring plan kicks off; aims to improve taxpayer services
October 2, 2024
FBR restructuring plan kicks off; aims to improve taxpayer services
ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday commenced the implementation of its restructuring and transformation plan, aimed at…
Forex reserves surge to 2-month import cover, confirms SBP governor
October 2, 2024
Forex reserves surge to 2-month import cover, confirms SBP governor
ISLAMABAD: Pakistan’s foreign exchange reserves have surged to cover two months’ worth of imports after the arrival of the first…