Gold price rises again
KARACHI: The ongoing global tariff war has driven gold prices to new historic highs. According to the All Pakistan Sarafa Gems and Jewellers Association, the...
PSX returns bullish trend in mid-day session today after downfall
Karachi: The Pakistan Stock (PSX) Exchange on Thursday, today, started with strong momentum up-ticking yesterday session’s. The investor sentiment improved after US President Donald Trump...
Trump pauses reciprocal tariffs for three months but tightens levies on China
Washington: US President Donald Trump abruptly backed down in his global trade war, imposing a 90-day pause for most countries. On the other hand, Trump...
Global markets take pummel today as Trump’s 104 pc tariffs on China came into effect
Web Desk: Global markets took a pummeling today as Trump’s eye-watering 104pc tariffs on China came into effect, and a savage selloff in US bonds...
China slaps US with 84 pc in retaliatory tariffs
Beijing: China will impose 84 per cent tariffs on US goods from Thursday, up from the 34 pc previously announced, its finance ministry said on...
PM hails PIA earning profit after 20 years as “major turnaround”
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday said that Pakistan International Airlines’ return to earning profit after 20 years was a “major turnaround” after decades...
Govt to send delegation to US to hold talks on Trump new tariffs
Islamabad: Pakistan has decided to send a high-level delegation to the United States to hold talks on trade promotion and new tariffs. Chairing a review...
2nd day sessions of Pakistan Minerals Investment Forum underway in Islamabad
Islamabad: The two-day Pakistan Minerals Investment Forum is underway at the Jinnah Convention Center in Islamabad. Representatives of Reko Diq Mining company briefed the forum...
Bearish trend grips PSX in mid day session as 100 Index loses 2 64 ponits
Karachi: The Pakistan Stock Exchange (PSX) bencmark KSE-100 Index droppped to low of 112,891.48, dipping by 2,640.95 points, on Wednesday, today, owing to Trump Tariff...
Gold rate drops by Rs.2,000 per tola
KARACHI: The rate of gold decreased by Rs.2,000 per tola. According to the All Pakistan Gems and Jewelers Association, the price of gold in the...
Pakistan ready to emerge as leading mineral economy in world: COAS Asim Munir
ISLAMABAD: Chief of Army Staff (COAS) General Syed Asim Munir NI (M) on Tuesday said Pakistan was poised to emerge as a leader in the...
On First day of Minerals Summit Pakistan inks MoUs with many countries
Islamabad: On the first day of two day Pakistan Minerals Summit Pakistan inked Memorandum of Understandings (MoUs) with many countries of the world. For mineral...
PM emphasizes investors to invest in natural resources of country valuing trillions of dollars
Islamabad: Prime Minister Shehbaz Sharif has invited the local and foreign investors to invest in the infinite natural resources of Pakistan valuing trillions of dollars....
PSX normalises after historic plunge, jumps to 1,782 points to reach 116,692
Karachi: The Pakistan Stock Exchange (PSX) on Tuesday, today, commenced on a positive note recovering from the previous day’s historic plunge, as investors responded to...
Pakistan strategically positioned to emerge as a global mining powerhouse: Dar
Islamabad: Deputy Prime Minister Ishaq Dar said Pakistan is strategically positioned to emerge as a global mining powerhouse, underpinned by its unparalleled geological wealth. In...
Two-day Pakistan Mineral Investment Forum 25 (PMIF25) kicked off in Islamabad
Islamabad:The two-day Pakistan Mineral Investment Forum 25 (PMIF25) has kicked off today (Tuesday) in Islamabad. An estimated 2,000 people are attendaning the forum., in an...
Oil prices extend losses today falling more than 2 percent
LONDON: Oil prices extended losses on Monday, falling more than 2% as escalating trade tensions between the United States and China stoked fears of a...
Bloodbath continues at PSX as 100 Index loses 8,592 points after suspension of trading
Karachi: Pakistan Stock Exchange (PSX) bearish continued to losing points even after start of trading for a brief time suspension of market after a loss...
Traders observe strike in solidarity with Palestinians in Karachi
Karachi: Karachi’s major commercial hubs remain shut today as traders all across the mega-city to observe a strike in solidarity with the people of Gaza....
PSX grips super bearish trend as market loses more than 6000 points
Karachi: The Pakistan Stock Exchange (PSX) on Monday gripped bearish trend as the benchmark KSE-100 Index went down by more than 6,000 points during early...
Strengthening US-Pakistan Ties: A Warm Welcome to Pakistan’s Minerals Investment Forum
ISLAMABAD: On behalf of millions of Pakistanis and the vibrant / patriotic Pakistani diaspora, we warmly welcome you to Pakistan for the Pakistan Minerals Investment...
Pakistan Seeks Flexibility in U.S. Tariff Policy: Says Ambassador
ISLAMABAD: Ambassador Rizwan Saeed Sheikh on Saturday asserted that Pakistan was making every effort to secure flexibility in the United States’ new tariff policy to...
Pak Railways announces the resumption of Khushhal Khan Khatak express
ISLAMABAD: Pakistan Railways has officially announced the revival of the Khushhal Khan Khatak Express, set to resume operations by the end of April. The train,...
Gold prices decrease by Rs.5,500 per tola
Karachi:The price of 24 karat per tola gold decreased by Rs.5,500 and was traded at Rs.320,000 on Saturday , All Pakistan Sarafa Gems and Jewelers...
IMF board approval expected to unlock $1 Billion in funding, Muhammad Aurangzaib
ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb has stated that as soon as the IMF Board grants approval, $1 billion will be received. During a...
IMF delegation to start meetings with Pakistani officials on budget from Monday
Islamabad:The The International Monitory Fund (IMF) mission will start meeting Pakistani officials from Monday discussions on the budget for the financial year 2025 -2026. Sources...
PSX could not maintained bullish trend ended losing 146 points
Karachi: The Pakistan Stock Exchange (PSX) could not maintained its bullish trend after achieving milestone and surpassing the psychological barrier of 1,20,000 points during the...
China Responds U.S. tariffs as global reactions intensified
BEIJING: As President Donald Trump’s latest tariff hikes disrupt global trade and markets, countries and industries are scrambling to find ways to respond. In retaliation...
Energy Minister Announces Privatization of 6 Power Distribution Companies
ISLAMABAD: Energy Minister Owais Leghari has announced the privatization of power distribution companies, stating that in the first phase, the privatization of three DISCOs will...
Global crude oil prices plunge by up to 7%
WEB DESK: Oil prices plunged sharply on Thursday, with US crude futures falling 7% to $66.52 a barrel, marking their worst day since July 2022...
China Urges US to Immediately Revoke Latest Tariffs
BEIJING: China has strongly urged the United States to immediately revoke its latest tariffs, with the country’s Commerce Ministry issuing a firm statement warning of...
New power tariffs under PM relief pkg for various domestic, commercial slabs
ISLAMABAD: Prime Minister Shehbaz Sharif has unveiled a major relief package for consumers, slashing electricity prices across various categories. The new rates are set to...
Canada to impose 25% tariff on US vehicle imports
OTTAWA: Anada continued to face tariffs on steel, Aluminum the United States, responding to President Donald Trump’s tariffs, which came into effect on Thursday. Prime...
Power prices reduction also announced under FCA for Karachi and rest of country
Islamabad: Another reduction in electricity prices conducted today, this time under the fuel charges adjustment (FCA) after massive reduction announced by Prime Minister Shehbaz Sharif...
Pakistan’s inflation plunged to historic low of 0.7% in March
ISLAMABAD: Pakistan’s inflation rate continued its sharp decline, reaching a historic low of 0.7% year-on-year (YoY) in March, marking the slowest pace in three decades....
Electricity tariff reduction, PSX reaches all time high
ISLAMABAD: After Prime Minister Shehbaz Sharif announcement of reduction in the electricity tariff today for both domestic and commercial consumers, the KSE 100-Index of the...
Gold rate increase by Rs.500 per tola
KARACHI: The rate of gold increased by Rs.500 per tola. According to the All Pakistan Gems and Jewelers Association, the price of gold per tola...
IMF team to arrive on Friday to consult over budget preparations
Islamabad: A team of the International Monetary Fund (IMF) will arrive the country tomorrow, Friday for consultation over the preparation of the budget for the...
PM announces major relief of Rs 7.41 per unit in electricity bills
Islamabad: Prime Minister Shehbaz Sharif has announced a major relief of Rs 7.41 per unit on electricity for home consumers and Rs 7. 69 per...
Positive start of trading in Pakistan Stock Market
KARACHI: Pakistan Stock Market kicked off on a positive note today as trading resumed following the Eid holidays. Pakistan Stock Market started positively today as...
Carmakers face uncertainty and challenges as US tariffs loom
WEB DESK: With the United States set to impose hefty tariffs on imported vehicles, car manufacturers are facing tough decisions: raise prices, shrink profit margins,...
OGRA increases price of LPG by Rs 0.54 per kilogram
Islamabad: The Oil and Gas Regulatory Authority (OGRA) on Monday, today, announced an increase in the price of liquefied petroleum gas (LPG). Whereas the revised...
Per tola gold prices cross Rs 325,000 1st time in history
Karachi: The uptick in gold prices on Saturday, today, continued, setting new records in both local and international markets. The price of 24-karat gold per...
Elon Musk sold X to his AI company in $33 billion
California: Tech billionaire Elon Musk’s xAI artificial intelligence firm has acquired his social media company X, formerly known as Twitter, for $33 billion (€30.5 billion)....
Petro price reduced by Rs.1 P/L
ISLAMABAD: The price of petrol has been decreased by Rs.1 per litter for the next 15 days, until April 15. According to a notification issued...
Surge in sugar price intolerable: DPM Dar
ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar has reaffirmed the government’s dedication to closely monitoring the supply and regulating sugar prices...
Gold price hikes in Pakistan by Rs.2,380 per tola
KARACHI: The rate of gold increased by Rs.2,380 per tola to Rs.323,380. According to the All Pakistan Gems and Jewelers Association, today the price of...
Pakistan to receive $1.3 billion under climate financing: IMF Director
ISLAMABAD: The Director of Communications at the International Monetary Fund (IMF), Julie Kozik, stated that Pakistan will receive $1.3 billion under climate financing. Speaking at...
PSX closes for week-long Eid-ul-Fitr Holidays, celebrating festive spirit
KARACHI: The Pakistan Stock Exchange (PSX) is set to resume trading next Thursday after a week-long break for Eid-ul-Fitr festivities. Typically, Friday marks the end...
Dollar decreased by 12 paisa in interbank market
KARACHI: At the start of business in the interbank market, a decrease of 12 paisa has been recorded in the value of the US dollar...