Yellow metal price remains under correction, closes flatKARACHI: Gold-Futures speculations and insignificant buying by leading buyers kept metal prices under technical correction while buyers in international and domestic market made cautious deals on Futu...
PSX falls by 61 points amid lacklustre tradingKARACHI: The Pakistan equity market witnessed a lacklustre session on Friday, where the benchmark KSE-100 index made an intraday high of 116 points and an intraday low of 212 points to close at 43,011...
Asian markets rally as Trump agrees to Kim summitNews that Donald Trump had agreed to meet North Korean leader Kim Jong Un sent Asian stock markets surging and the yen tumbling on Friday, while dealers were also optimistic US trade tariffs will be l...
Federal budget to be presented on April 27: MiftahISLAMABAD: Prime Minister's Adviser on Finance, Economic Affairs and Revenue Miftah Ismail said on Friday that the federal budget would be presented on April 27. Ismail, addressing a press conference,...
PPL discovers oil in Rawalpindi districtKARACHI: Pakistan Petroleum Limited, operator of Adhi Field, together with its joint venture partners Oil and Gas Development Company Limited and Pakistan Oilfields Limited has discovered hydrocarbons...
Exports achieve 16.5% growth, set to contribute additional 0.8% to GDPISLAMABAD: The increasing exports since June 2017, continued the trend during February 2018, by achieving the highest monthly growth yet in the fiscal year by posting 16% increase in dollar terms and...
Sindh Bank BoD approves financial statement of the bankThe Board of Directors of Sindh Bank in their meeting held on March 7, 2018, reviewed and approved the Audited Financial statements of the Bank for the year ended December 31, 2017. During 2017, as pe...
Greenback closes flat in interbank versus rupeeKARACHI: The US dollar remained flat against the rupee in interbank market because demand by importers remained insignificant. The greenback closed at Rs 110.30 for buying and Rs 110.50 for selling, w...
Naveena Group to establish steel production plant at Port QasimKARACHI: The Naveena Group has announced to enter into the business of steel production by establishing a 300,000 TPA (tonnes per annum) steel melting and re-rolling mill at Port Qasim of Karachi name...