KP govt achieves 49pc increase in revenue collection

The government had set a target of collecting Rs93,500 million

Direct flights between Pakistan, Bangladesh soon: envoy

He also revealed that cargo flights would also commence soon

Texas hedge fund manager close to Trump leads investment delegation to Pakistan

Several agreements between the two countries were signed

Awais Leghari says net metering billing system for solar power unfeasible

It is impossible to sustain the same cost of buying power from distributors

Wall Street steadies itself a day after a sell-off for Nvidia and tech stocks

Wall Street steadies itself a day after a sell-off for Nvidia and tech stocks

Volkswagen India faced customs clearance delays over alleged tax evasion case, sources say

Volkswagen India faced customs clearance delays over alleged tax evasion case, sources say

Financials haul Indian benchmarks higher after central bank's liquidity boost

Financials haul Indian benchmarks higher after central bank's liquidity boost

Hyundai Motor India reports lower Q3 profit on weak domestic demand, exports

Hyundai Motor India reports lower Q3 profit on weak domestic demand, exports

Bearish trend in PSX keeps investors on their toes

The trading began in negative zone and eventually the index closed at 112,030 mark

Bilawal urges traders to approach him directly for issues

Says elimination of extortion from Karachi’s business landscape is credit to government

Russia oil trade to China, India stalls as sanctions drive up shipping costs

Washington imposed fresh sanctions on Jan. 10 targeting Russia's oil supply chain

Agreement signed for establishment of Dhabeji Special Economic Zone in Thatta

It is expected to attract investment of $3 billion and create thousands of jobs

Oil prices hold near two-week low as weak China data adds to demand concerns

Brent crude oil futures rose by 12 cents, or 0.2%, to $77.20 per barrel

Currency markets jittery as traders assess DeepSeek, tariff concerns

The US dollar steadied after it took a hit overnight amid a broad shakeout in financial markets

China's AI drive hammers tech stocks

chipmaker Nvidia dived 17%, wiping off nearly $593bn in the biggest market capitalisation loss

SBP announces issuing new banknotes this year

These new notes will gradually replace the current series

Rightsizing policy: railways abolishes 17,101 posts

The ministry of railways presents a detailed overview of its rightsizing initiatives

PBC shares fiscal policy proposals with finance minister

The PBC delegation highlighted key economic objectives

Economy shows resilient growth in first half of FY2025: finance ministry

Positive momentum was fueled by sound macro-economic management

SM Tanveer disappointed by 100bps cut in policy rate

Pakistan’s economy is slowly recovering after a three-year slump

India central bank's liquidity bazooka raises rate cut hopes

India central bank's liquidity bazooka raises rate cut hopes

Yen and Swiss franc jump as investors rush to safe-haven assets

Yen and Swiss franc jump as investors rush to safe-haven assets

Wall St opens sharply lower as China's AI push rattles Big Tech

Wall St opens sharply lower as China's AI push rattles Big Tech

Russian advisers warn of corporate bankruptcies wave

Russian advisers warn of corporate bankruptcies wave

Morgan Stanley also expects sub-1pc UK GDP growth this year

Morgan Stanley also expects sub-1pc UK GDP growth this year

PM Shehbaz vows to enhance ease of doing business and support investors

It is a proud moment for Pakistan that a state-of-the-art international hotel has been launched.

Stocks somersault on first working day of week

Investors lose money in Monday's stock trade

China Jan manufacturing activity unexpectedly contracts, hits five-month low

The official purchasing managers' index (PMI) contracted to 49.1 in January

Oil slips as Trump repeats call for OPEC to reduce prices

Brent crude futures dropped 87 cents, or 1.11%, to $77.63 a barrel

Dollar rises on tariff worries after Trump's Colombian threat

The dollar clocked its weakest week since November 2023 last week

FBR chairman says vehicles to be purchased for board officers

Says tax collection target will be achieved

Chasing quick riches: The risky crypto dream of Pakistan's youth

SBP has clarified that virtual currencies are not legal tender

Gas prices remain unchanged for most categories

General industry (Captive) sees hike

Sugar prices up by Rs11 per kg in three months

Decision for exporting sugar is stated to be the reason for the price hike

UK's WH Smith says it is exploring potential sale of high street arm

UK's WH Smith says it is exploring potential sale of high street arm

Italy government backs Monte Paschi's bid for Mediobanca

Italy government backs Monte Paschi's bid for Mediobanca

5 economic forces that could shape the first year of Trump's presidency

Here are five economic forces that could shape the first year of Trump’s presidency

Naqvi woos American investors amid economic betterment in Pakistan

He invited US businessmen to invest in Pakistan’s mining and IT sectors

Weekly inflation goes down by 0.77pc in Pakistan

It decelerated to 0.52 percent on year-on-year (YoY) basis

US arms exports hit record in 2024 on Ukraine-related demand

Trump wants other members of NATO to spend 5% of their gross domestic product on defense

Wall Street on track for another week of gains despite slip before weekend

Wall Street on track for another week of gains despite slip before weekend

Gold price increases by Rs2,900 per tola

The price of gold in the international market increased by $29

Japan rates' fate rests on Trump-Ishiba bromance

Japan rates’ fate rests on Trump-Ishiba bromance

China readies for Lunar New Year, amid worries about the economy

China readies for Lunar New Year, amid worries about the economy

Ericsson's Q4 profit misses estimates while US tariffs in focus

The Swedish telecoms equipment maker saw growth in the North American market

German business activity stabilises in January, PMI shows

The HCOB German flash composite Purchasing Managers' Index rose to 50.1 in Jan, up from 48.0 in Dec

Trudeau says Americans will pay more whenever Trump decides to impose tariffs

“We don’t think he wants that,” Trudeau told reporters in Ottawa.

Robust activity helps PSX soar past 115,000 level again

A robust activity was witnessed in morning session and the KSE-100 index soared to 115,138 points

Trump says he could reach trade deal with China, calls talk with Xi 'friendly'

They discussed issues, including TikTok, trade and Taiwan, in a phone call before Trump took office

BOJ likely to raise rates to highest in 17 year

It is widely expected to raise its short-term policy rate from 0.25% to 0.5%

Oil falls on prospect of Trump pushing up crude supplies

Brent crude futures were down 50 cents at $77.95 a barrel

Asia shares buoyed by Trump's China comments, yen awaits BOJ

'I'll demand that interest rates drop immediately,' says Trump

Crypto's charms leave some investors in Davos cold

Walsh said her investment firm has so far not invested in crypto

No talks with India on resumption of trade: Foreign Office

Pakistan decided to suspend bilateral trade in response to India’s illegal actions in Kashmir

Wall Street mixed in premarket as airlines drag and insurance companies rise

Wall Street mixed in premarket as airlines drag and insurance companies rise

Hong Kong's New World Development says business 'as usual' amid Bloomberg's coverage of potential default

Hong Kong's New World Development says business 'as usual' amid Bloomberg's coverage of potential de

UK's Sainsbury's to cut over 3,000 roles in cost savings drive

UK's Sainsbury's to cut over 3,000 roles in cost savings drive

Severe UK factory downturn eases marginally in January, CBI says

Severe UK factory downturn eases marginally in January, CBI says

New Zealand will relax rules to woo foreign investment, PM says

New Zealand's economy sank into recession in the third quarter

Donaldson hasn't officially joined any bids for TikTok

Donaldson stirred interest in a Jan. 13 post on X saying he’d “buy TikTok so it doesn’t get banned.”

Pakistan, Saudi Arabia reaffirm commitment to boost economic ties

FinMin Aurangzeb meets Saudi counterpart in Davos

Oil prices extend losses amid uncertainty over tariff impact

Brent crude futures fell 23 cents, or 0.3%, to $78.79 a barrel

Dollar treads water as Trump tariff clarity, central banks awaited

A spate of central bank policy decisions are also due over the next week

Asia shares helped by China uplift, Trump's tariff plans hang in the air

China plans to guide hundreds of billions of yuan from state-owned insurers into stocks each year

FinMin meets World Bank Managing Director in Davos

He also meets ministers of Saudi Arabia and Qatar

Islamabad, Ankara discuss job opportunities for Pakistanis in Turkiye

Chaudhry Salik says both countries share similar stances on regional and global issues

China to set up $250m EV manufacturing plant in Pakistan

Pakistan approved National Electric Vehicles Policy (NEVP) in 2019

Pakistan Business Council calls for strengthening trade ties with UAE

UAE is Pakistan’s third-largest trading partner after China and the United States

UK borrowing jumps in December as debt interest climbs

UK borrowing jumps in December as debt interest climbs

China and Hong Kong stocks tumble on Trump's tariff threats

China and Hong Kong stocks tumble on Trump's tariff threats

China to allow foreign institutions to offer new types of financial services in free trade zones

China to allow foreign institutions to offer new types of financial services in free trade zones

China orders pay cap at state-owned financial firms, sources say

China orders pay cap at state-owned financial firms, sources say

China's CNOOC sets 2025 output target at record high

China's CNOOC sets 2025 output target at record high

China says 'no winners' in tariff tit-for-tats after latest Trump threat of 10%

Chinese foreign ministry spokesperson said Beijing has repeatedly “expressed” its position

Trump's embrace of meme coin sours mood in crypto industry

They are eager for the new president’s help to make crypto a bigger part of mainstream system

Stocks falter amid uncertainty surrounding MPC meeting outcome

It must be remembered that the KSE-100 index closed at 115,402 points yesterday.

In Davos, Malaysia's Khazanah looks to developed market investments, tame Trump risks

Khazanah invests heavily in Malaysia, with domestic investments amounting to 59.1% of its portfolio

Carbon markets investor kicks off $1.5 billion Amazon protection plan in Davos

The initiative is the first major campaign by Silvania, a nature and biodiversity investment vehicle

Dollar drifts lower as traders ponder Trump tariff plans

Trump administration mulls imposing a 10% tariff on goods imported from China on Feb 1

Oil prices steady as investors debate Trump's policies

Brent crude futures eased 3 cents, to $79.26 per barrel

Reko Diq mine to generate $74bn in free cash flow over 37 years: Barrick CEO

The project is expected to start production by the end of 2028

Sindh plans to launch EV taxi service across province

Eco-friendly transportation systems is aimed at encouraging investment in transport sector

Aleem Khan for increasing Pakistan Post revenue target to Rs14b

He said that this organisation has made positive progress in the last few months

Pakistan secures $1bn loan from two Middle Eastern banks: FinMin Aurangzeb

He confirmed it during an interview at World Economic Forum's annual meeting in Davos

Wall Street points toward gains on first trading day of new Trump administration

Wall Street points toward gains on first trading day of new Trump administration

China's 2024 non-financial outbound direct investment rose 10.5pc on year

China's 2024 non-financial outbound direct investment rose 10.5pc on year

Punjab launches Asan Karobar Scheme

The scheme offers interest-free loans from Rs1 million to Rs30 million

Trump says he's thinking of 25% tariffs on Mexico, Canada

Trump said the action could come on Feb. 1

Shares and Treasuries choppy on Trump's plans for tariffs

The first responses to Trump's inauguration were felt during Asian trade on Tuesday

Oil prices tick down on plan to boost US oil output, tariff reprieve

Brent crude futures dipped 11 cents, or 0.14%, to $80.04 per barrel

Commerce minister meets Cambodian Senate Chairman to boost ties

The two leaders focused on enhancing parliamentary diplomacy

Govt wants to give equal opportunities to all for uplift: Ahsan

The minister says every non-Muslim in Pakistan is safe

PM for modern hotels, other facilities to promote tourism

He directed provision of international standard facilities for guests

Iranian Armed Forces chief calls on President Zardari

Both stress longstanding and fraternal relations between Pakistan and Iran

EU takes China to WTO over high-tech patent royalties

EU takes China to WTO over high-tech patent royalties

US upgrades probe into 129,000 Ford vehicles over hands-free tech

US upgrades probe into 129,000 Ford vehicles over hands-free tech

China's BYD to complete 1 billion-dollar Indonesia plant by year-end

China's BYD to complete 1 billion-dollar Indonesia plant by year-end

India allows 1 million tons of sugar exports this year

India allows 1 million tons of sugar exports this year

Bitcoin hits record above $109,000 awaiting Trump

The world’s biggest cryptocurrency has soared since Trump won the presidential election in November

PSX off to a good start on first day of week

KSE-100 Index surpassed 116,000 mark during early hours of trade.

Finance Minister Aurangzeb leaves for Davos to attend WEF meeting 2025

He will hold meetings with political, trade, and business leaders from various countries

Dollar strong, stocks creep higher as second Trump term dawns

He has stoked expectations he will issue a slew of executive orders right away

Bank of Japan poised to raise rates to highest in 17 years

A tightening in policy would underscore the central bank's resolve to steadily push up interest rate

Oil prices little changed; markets await Trump move on Russian export curbs

Brent crude futures dropped 6 cents, or 0.07%, to $80.73 a barrel

FinMin Aurangzeb hopes to raise $200mn through Panda Bonds

Aurangzeb said Pakistan intended to join China's capital markets through Panda Bonds

Delay in small power plants, canals incur Rs595 billion loss to national exchequer

No investigation was conducted on the project cost increase

Pakistan-South Korea economic cooperation enters a new era

South Korean minister presents a plan to transfer his country's industrial base to Pakistan

US Treasury to launch measures to avoid debt limit breach on Tuesday

Yellen said Treasury would suspend investments in two govt employee benefit funds through March 14

Current account records 1.21bn surplus in first half of FY25

Balance on trade of services in July-December FY24-25 has recorded a deficit of 1.589bn dollars

IMF projects 3pc economic growth for Pakistan

The report forecasts a 4 percent economic growth rate for Pakistan in the next fiscal year

Botswana expects 2025 economic growth rebound on better diamond market

Botswana's finance minister is expected to deliver the national budget in February

Weekly inflation up 1.16pc year-on-year

SPI fell by 0.39 percent, reflecting declining prices in key food categories: PBS

PM hails current account surplus for 3rd consecutive month

PM hails current account surplus for 3rd consecutive month

SBI Life Insurance posts higher Q3 profit on policy renewals, new sales

SBI Life Insurance posts higher Q3 profit on policy renewals, new sales

Futures edge higher with all eyes on Trump inauguration

Futures edge higher with all eyes on Trump inauguration

Chinese economic growth among slowest in decades

Chinese economic growth among slowest in decades

Boeing resumes 777X test flights after grounding in August

The 777X is successor to Boeing's 777, one of the most commercially successful long-haul airliners

Stocks trade in green as week draws to close

The benchmark KSE-100 index closes at 115,272 points after gaining 1,435 points

US retail sales exit 2024 with momentum; labour market on solid ground

Retail sales rose 0.4% last month after an upwardly revised 0.8% gain in November

Global diesel prices spike as US hits Russia with new sanctions

The United States imposed its toughest sanctions on Russian producers and tankers yet on Jan. 10

TikTok's fight against going dark gains support from key US lawmakers

A law passed in April mandates TikTok's owner to divest US assets by Sunday to a non-Chinese buyer

Asia stocks fall despite China GDP beat

Nikkei on course for its worst week in three months

Oil prices climb on supply fears, Fed rate cut hopes

Brent crude futures rose 13 cents, or 0.2%, to $81.42 per barrel

SMEs can contribute 40-60pc to exports with banking support: Ahsan Iqbal

He advised SMEDA to develop a mechanism in consultation with provincial governments

PM for early conclusion of FBR's legal cases

Says positive results of reforms in FBR continue

UAE extends $2b deposit to Pakistan for another year

The extension will support the country‘s foreign exchange reserves

Philippines, UAE's Masdar agree 15 bln-dollar renewable energy project

Philippines, UAE's Masdar agree 15 bln-dollar renewable energy project

Carmakers in India plan EV onslaught in 2025 despite slowing global demand

Carmakers in India plan EV onslaught in 2025 despite slowing global demand

China imposes provisional duties on US, EU, Japan, Taiwan industrial plastics

China imposes provisional duties on US, EU, Japan, Taiwan industrial plastics

Oil retreats slightly after boost from US crude draw, Russia sanctions

Oil retreats slightly after boost from US crude draw, Russia sanctions

China says US firm PVH engaged in 'improper' conduct related to Xinjiang

China says US firm PVH engaged in 'improper' conduct related to Xinjiang

China extends coal imports lead over India to widest in more than a decade

China extends coal imports lead over India to widest in more than a decade

Finance Minister Aurangzeb discusses bilateral cooperation with Japanese envoy

Aurangzeb welcomed Ambassador Akamatsu upon assuming his diplomatic duties in Islamabad

Oil rises as US inventory declines heighten supply concerns

Brent crude futures rose 30 cents, or 0.4%, to $82.33 per barrel

US inflation relief dents dollar, yen gains ahead of BOJ

The yen was the biggest major mover on the dollar overnight, rising about 1%

US inflation revival persists as market risk despite CPI-fueled rally

Stocks surged following the CPI report with the benchmark S&P 500 jumping 1.8pc

Eight Pakistani firms participate in Intersec 2025 business exhibition in Dubai

The 26th edition of Intersec, touted as the world’s largest business exhibition for security

Govt hikes petrol price by Rs3.47 per litre

The price of high-speed diesel has been increased by Rs2.61 per litre

China, Sri Lanka agree more investment and economic cooperation

China, Sri Lanka agree more investment and economic cooperation

UK house prices rise by most since February 2023

UK house prices rise by most since February 2023

Futures rise after December CPI data

Futures rise after December CPI data

Germany's economy shrank for the second consecutive year in 2024

Germany’s economy shrank for the second consecutive year in 2024

US importers rush in goods from China as Trump tariff threat looms

US importers rush in goods from China as Trump tariff threat looms

Canada ready to buy more American products to appease Trump's tariff threat, ambassador says

Canada ready to buy more American products to appease Trump’s tariff threat, ambassador says

Gold price increases by Rs2,900 per tola

The price of gold in the international market decreased by $29

Amazon is ending its 'Try Before You Buy' option for Prime members

Amazon is ending its ‘Try Before You Buy’ option for Prime members

Ishaq Dar assures CM Murad of fund release for Sindh's projects

Sindh’s Public Sector Development Programme (PSDP) came under discussion during meeting.

Govt reduces tariff for electric vehicle charging stations by 45pc

He said the electricity rate has been dropped to Rs39.70 per unit

Govt likely to increase petrol prices for next fortnight

The petrol and diesel rates are likely to be hiked by Rs3.5 per litre

Dollar rally pauses ahead of US inflation test

The greenback was stabilising in the early Asian session after falling overnight

Oil little changed as falling US stockpiles outweigh soft demand outlook

Brent crude futures were up 2 cents to $79.94 a barrel

Cabinet approves revision of agreements with 14 IPPs

The move will save Rs1.4 trillion for national exchequer

WB to give Pakistan $20bn under 10-year partnership framework

$20bn to be provided through IDA and IBRD

China to cut pay by half for staff at top financial regulators

China to cut pay by half for staff at top financial regulators

China's exports in December up 10.7%, beating estimates as higher US tariffs loom

China’s exports in December up 10.7%, beating estimates as higher US tariffs loom

Electricity rates likely to drop by March: S.M Tanveer

Says notices have also been issued to 40 wind power projects

Bullish trend continues in PSX as trade volume surges

PSX witnessed bullish trend a day earlier after sluggish trade last week

Dollar clings to 2-year high as US rates, tariffs in focus

The euro was steady at $1.02475 in early

Oil prices remain near four-month highs as markets weigh Russia sanctions impact

Brent LCOc1 futures slipped 22 cents, or 0.27%, to $80.79 a barrel

US futures steady, Japan slides in nervous wait for US CPI

The benchmark 10-year yield steadied at 4.77% after hitting 4.805% in New York trade

SBP vows to expand financial inclusion via global, domestic collaborations

Governor highlights bank’s recently launched 3rd edition of National Financial Inclusion Strategy

Apple's new fees for app developers under fresh EU scrutiny

Apple's new fees for app developers under fresh EU scrutiny

European Central Bank joins Bluesky, rival to Elon Musk's X

European Central Bank joins Bluesky, rival to Elon Musk's X

China's electric car sales grew in 2024 as sales of gasoline cars plunged

China’s electric car sales grew in 2024 as sales of gasoline cars plunged

PSX gains ground after jittery week

Later, the gain was reduced to 711 points, which brought down the KSE-100 Index to 113,958

US probe finds China unfairly dominates shipbuilding, paving way for penalties

US Trade Representative (USTR) launched the probe in April 2024 under Section 301 of Trade Act 1974

Tougher US sanctions to curb Russian oil supply to China and India

The US Treasury on Friday imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegas

Oil jumps on expectations new US sanctions to cut Russian supply

Brent crude futures climbed $1.48, or 1.86%, to $81.24 a barrel

Shares slip in Asia, dollar firm as inflation, earnings loom

Markets have already scaled back expectations for Federal Reserve rate cuts to just 27 basis points

PIA to expand operations in Europe after removal of four-year ban

It will expand its network in Europe on a commercial basis

Private sector playing vital role in boosting trade with UAE: minister

He highlights deep-rooted ties between the two nations

Russia says it will continue oil and gas projects despite US sanctions

A ministry statement also said that Russia would respond to Washington's "hostile" actions

Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say

President Joe Biden blocked the acquisition on national security grounds on Jan. 3

TikTok warns of broad consequences if Supreme Court allows ban

The justices signaled that they were inclined to uphold the law

Apple's board recommends shareholders vote against proposal to eliminate diversity programmes

A think tank proposed abolishing "Inclusion & Diversity programme, policies, department and goals"

FinMin leaves for Hong Kong to participate in Asian Financial Forum

he would meet with key officials from major Asian financial institutions

Prioritised state over politics: Sindh Governor Kamran Tessori

Governors’ summit discuses role of governors in achieving economic stability and serving the public

Amid market turmoil, UK's Reeves says she will act to meet fiscal rules

Amid market turmoil, UK's Reeves says she will act to meet fiscal rules

PSX loses 4,000 points by sliding bearish

In just one week, the PSX saw a reduction of 4,000 points.

Former Swiss finance minister warns about size of enlarged UBS, newspaper says

Former Swiss finance minister warns about size of enlarged UBS, newspaper says

Oil prices rally 3pc as US hits Russian oil with tougher sanctions

Brent crude futures settled at $79.76 a barrel, up $2.84, or 3.7%

Global indexes are mixed as the US stock market remains closed

Global indexes are mixed as the US stock market remains closed

US added a strong 256,000 jobs in December as unemployment rate dipped to 4.1%

US added a strong 256,000 jobs in December as unemployment rate dipped to 4.1%

Emirati billionaire and Trump ally sees more Gulf investments into US under new president

Emirati billionaire and Trump ally sees more Gulf investments into US under new president

Futures edge lower on caution ahead of key payrolls data

Futures edge lower on caution ahead of key payrolls data

From AI assistants to holographic displays, automakers showcase in-cabin experiences at CES

From AI assistants to holographic displays, automakers showcase in-cabin experiences at CES

Chinese property developer Redsun to miss 350 mln-dollar bond payment

Chinese property developer Redsun to miss 350 mln-dollar bond payment

Positive trend continues in PSX

On last the working day of the business week, the KSE-110 was up 657.57 points to 113,295.83 points

UN predicts world economic growth to remain at 2.8% in 2025

The report said South Asia is expected to remain the world’s fastest-growing region with 5.7% GDP

Musk asks state AGs to auction off OpenAI stake in nonprofit restructuring

'Elon is engaging in lawfare. We remain focused on our mission and work,' says OpenAI spox

Stocks fall, US yields near 8-month highs ahead of jobs data

Nasdaq futures dropped 0.6% while S&P 500 futures were down 0.5%

Oil set for third straight weekly gain on winter fuel demand

Brent crude futures climbed 24 cents, or 0.3%, to $77.16 a barrel