Asian markets mostly up as dealers take China tariffs in strideAsian investors on Thursday largely brushed off China's tit-for-tat response to Donald Trump's latest tariff threats, with most markets rising, but concerns about the impact of an all-out trade war ar...
Cement scrips drive PSX index higherKARACHI: Pakistan equities closed Thursday in green with benchmark KSE-100 Index settled above 42,900 mark, gaining 192.09 points. Sideways activity was witnessed throughout the day as the market cons...
Oil prices rebound after heavy declines over trade disputeOil prices on Thursday eked out gains on concerns about Iranian crude supplies as the US hit Tehran with renewed sanctions, halting the previous session's declines amid the escalating China-US trade d...
Nepra imposes Rs 5m fine on Genco-II for power breakdownsThe National Electric Power Regulatory Authority (Nepra) has imposed a fine of Rs 5 million only on Central Power Generation Company Limited GENCO-II, a government owned Generation Company, on account...
UBG group confirms support for BMG in KCCI’s annual electionPatron-in-Chief SM Muneer, of United Business Group (UBG) which governs the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), announced to fully support Businessmen Group (BMG) in the f...
SECP holds workshop on insurtech for inclusive insuranceThe Securities and Exchange Commission of Pakistan (SECP) has organized a workshop on Insurtech (Insurance Technology) for Inclusive Insurance: Opportunities and Challenges for Developing Countries in...
Buying in second grade of lint remains moderate amid shrinking stocksThe buyers made deals for second grade of lint on slightly higher price amid moderate traded volumes, fibre traders said. Forward deals also changed hands for better grades while firmness of physical...
Greenback closes flat in value versus domestic unitThe decision of State Bank of Pakistan to provide funds for oil payments put the domestic unit firm against greenback. The US currency closed at Rs 124 for buying and Rs 124.20 for selling.. The diffe...
Yellow metal price regains value on prospective hedging, Gold futuresThe yellow metal price got some strength on Gold Future output outlook and upward technical correction in international and domestic market. Following prospective hedging price increased by $7 an ounc...