Business

Gold Prices Surge Sharply in Pakistan Amid Global Spike

Gold prices in Pakistan have recorded a significant increase, reflecting a strong upward trend in the international market. According to the All Pakistan Gems and Jewelers Association, the price of…

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Lasted Business

Gold rises over 3%, but on track for worst month since 2008

Gold rose ​on Tuesday, but remained on track for its steepest monthly decline since October ‌2008, as persistent inflation worries…

IMF running scenarios on which nations may need aid due to Iran war, Bloomberg News reports

The International Monetary Fund (IMF)  is running ​scenarios on countries ‌to gauge which economies could be in need ​of fresh…

Oil drops more than 6% on hopes for Iran war de-escalation

Oil prices tumbled and stocks rose Wednesday on hopes for a de-escalation of the Middle East war after reports said…

Bullish start at Pakistan Stock Exchange as KSE-100 Index surges over 4,400 points

The Pakistan Stock Exchange witnessed a strong and positive start to trading following the Eid holidays, with the benchmark KSE-100…

US permits 30-day sale of Iran oil at sea in effort to tame prices

The Trump administration waived sanctions on the purchase of Iranian oil at sea ​for 30 days on Friday in its…

Digital channels account for 92pc of retail payments

KARACHI: Digital payments have changed the landscape of banking transactions in the country as 92 per cent retail transactions were…

Export Facilitation Scheme utilisation period extended to 18 months

ISLAMABAD: The government has extended the utilisation period from nine months to 18 months to allow exporters more time to…

US rushes $16bn arms to Gulf after Iran warns of ‘zero restraint’

• Tehran strikes Qatari LNG plant, Saudi and Kuwaiti refineries• Trump warns of ‘furious response’ if attacks on Qatar continue•…