Global stocks rally continues apaceA global stocks rally took root Monday after strong US jobs data, and despite Brexit uncertainty that boosted the pound. Asian and European equities were spurred higher, extending pre-weekend gains, a...
PSX sees third largest daily decline of 2018KARACHI: Pakistan equities on Monday witnessed the third largest daily decline of the year 2018 with benchmark KSE100 Index settling below 39,300 points level, down 2.5 percent or 996 points. Politics...
12th Citi-PPAF Microentrepreneurship Awards heldThe Citi - PPAF Microentrepreneurship Awards (CMA), delivered in partnership by the Pakistan Poverty Alleviation Fund (PPAF) and Citi Foundation the philanthropic arm of Citibank N.A., Pakistan, annou...
Data Reporting Gaps Study and national website on SDGs launchedISLAMABAD: Dr. Shamshad Akhtar, Federal Minister for Planning and Finance on Monday said its really good that Pakistan had achieved the stage to be able to do a stock taking on Sustainable Development...
Engro’s milk collection centre in Ranipur goes solarKARACHI: Engro Foods Limited (EFL) has converted its business operation at Milk Collection Centre (MCC) in Sobhodero, district Ranipur on solar energy. It would benefit Centre with continuous power su...
Oil prices climb on global demand, US sanctions on IranOil prices rose on Monday as increased global demand and US efforts to shut out Iranian output using sanctions outweighed drilling data suggesting US shale production would climb. Benchmark Brent was...
Shell launches new performance fuel V-Power in PakistanKARACHI: Shell has introduced its new Shell V-Power fuel with Dynaflex Technology in Pakistan. The new Shell V-Power is an innovative new premium formulation designed now with Dynaflex Technology that...
Greenback edges lower in value versus domestic unitKARACHI: The greenback ended depressed in value against the domestic unit in the interbank and open markets, owing to dull demand from prime importers and oil companies for their payments. The dollar...
Buying at lint market remains selective, grade issue hampers volumeKARACHI: Cotton trading in Sindh and Punjab stations remained selective on grade issue while buyers made deals in second grade of cotton on higher rates besides buying volumes remained moderate. The g...
Yellow metal price remains on upward correction on output, speculationKARACHI: Gold-Futures speculation and noticeable buying kept yellow metal price firm during trading sessions, metal traders said. However buyers in international and domestic market indulged in Future...