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...