Price rectification pulls KSE-100 down

KARACHI: The bullish rally came to an end on Tuesday as the stock market succumbed to price correction and closed trading in the red zone. Following...
OIL

Riyadh pushes for further supply cuts due to oil price stabilize

LONDON: Oil prices steadied around $61 a barrel on Tuesday as rising expectations of deeper output cuts from OPEC and its allies were countered by...

Increase for olive production Pakistan pursuing an ambitious plan.

ISLAMABAD – Pakistan had ambitious plans for increasing its olive production and it had the potential to take over Spain as the biggest producer...

In stock market change after crossing 40,000-level

KARACHI – Pakistan’s stock market on Tuesday has been fluctuating after it stormed past the 40,000-level yesterday. The benchmark KSE 100-share Index today touched...

New Zealand to action on foreign political donations

WELLINGTON (Reuters) - New Zealand will ban foreign donations to politicians and tighten disclosure rules for political advertising, the government said on Tuesday, as...

In interbank Rupee increase 2 paisa against dollar

KARACHI – The Pakistani rupee on Tuesday further appreciated against the U.S. dollar in the interbank market by two paisa, and hit Rs155.25. Yesterday,...
dollar

Pakistan makes $1 billion foreign debt payment

KARACHI: Pakistan has successfully made a foreign debt repayment of over $1 billion, shaking up the country’s foreign currency reserves on the day Moody’s rating...

Put floating solar panels on dams in Govt plans

ISLAMABAD: The government is working hard on eliminating circular debt in the power production and supply sector as the pace of increase in the debt...

ADB new president Masatsugu Asakawa elected

Masatsugu Asakawa has been unanimously elected as the new president of the Asian Development Bank (ADB) by its board of governors. Mr Asakawa, 61, special...

FM Qureshi meets Sri Lankan counterpart

COLOMBO – Foreign Minister Shah Mahmood Qureshi on Monday has met his Sri Lankan counterpart Dinesh Gunawardena in Colombo during his two-day official visit. According...

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