Most Asian markets end healthy week on a positive noteAsian markets built on the past week's gains Friday following another rally in New York as traders welcomed a below-forecast US inflation read that dampened expectations for a sharp lift in interest r...
PSX drops 261 points on political uncertaintyKARACHI: Pakistan equity market closed week lower on Friday as KSE-100 index gained to make an intraday high of +172 points during the initial hours of the day. However, on account of political noise...
PM inaugurates Pakistan’s First Deep Water Container terminalKARACHI: Hutchison Ports Pakistan is pleased to announce the formal inauguration of its purpose-built, deep-water container terminal in the Port of Karachi - the first of its kind in the country. The...
ICCI and SZABIST sign MoU to promote academia-industry linkagesISLAMABAD: The Islamabad Chamber of Commerce & Industry (ICCI) has signed a Memorandum of Understanding (MoU) with SZABIST University, Islamabad Campus to promote academia-industry linkages and to...
Renewable energy production reaches record level of 1568 MWsKARACHI: Pakistan's renewable energy production for the first time have been increased to record level of 1568 MWs excluding hydroelectricity as identification of five more wind corridors in Balochist...
Ambassador of Argentine visits industrial unitsSIALKOT: Ambassador of Argentine in Pakistan, Ivan Ivanissevich Friday visited several leading industrial units during the second day of his visit. He showed keen interest in manufacturing and product...
Better grade lint remains in focus amid firm physical pricesKARACHI: Better grades of lint remained in demand amid firm physical price, according to Karachi Cotton Association (KCA) during trading session. Buyers and sellers in Sindh and Punjab entangled in pr...
Greenback closes flat in value versus domestic unitKARACHI: The greenback closed flat in value versus rupee on dull demand from corporate sector in interbank and in open market. The policy of commercial banks to release greenback demand to demand and...
Yellow metal price closes firm on demand, Gold FuturesKARACHI: Yellow metal prices in domestic and international market remained firm, as demand by leading buyers and gold hedgers witnessed some improvement. However, leading gold stakeholders in internat...