IMF demanding billion dollars guarantees from UAE, Saudi Arabia: Dar

Ishaq Dar on Thursday said that Pakistan didn’t delay a single day…

Nepra hikes power tariff for KE consumers

The National Electric Power Regulatory Authority (NEPRA) has approved Rs0.56 per unit…

IMF rejects Pakistan’s initial proposal on fuel subsidy

The International Monetary Fund (IMF) has rejected Pakistan’s initial proposal for subsidy…

Asian markets rise on Alibaba boost

Asian stocks have been broadly up to buck losses on Wall Street,…

US, Japan strike deal on electric vehicle battery minerals

The United States (US) and Japan on Tuesday announced a trade deal…

“Global economic growth to slump to three-decade low”: World Bank

According to the World Bank, the global economy is set to reach…

Alibaba chief makes rare public appearance

Jack Ma, the founder of tech giant Alibaba, made a rare public…

Saudi Aramco inks billion dollars deal with China oil refinery

Saudi Aramco signed an agreement with Chinese partners on Sunday for an…

Failed lender Silicon Valley Bank bought by rival

The assets and loans of collapsed US lender Silicon Valley Bank (SVB)…

SBP-held forex reserves maintain uptrend

The central bank said that its foreign exchange reserves increased by $280…

Gold price in Pakistan jumps on seasonal demand

Gold prices jumped on Friday as demand for the safe-haven metal was…

Toyota carmakers to halt production

Pakistan’s leading car assembler, Indus Motor Company (IMC), announced a four-day plant…

Work on Dasu hydropower, Islamabad sub station commenced

The Senate Standing Committee on Power Division on Wednesday informed that work…

Gold rate declines after rupee recovery

The gold rate in Pakistan continued to decline on Tuesday in line…

Amazon to cut 9,000 more jobs

It emerged that Amazon, the world’s largest online retailer, would lay off…

Central banks boost global dollar liquidity

The US Federal Reserve and other major central banks have announced a…

Fears of banking crisis haunt global stock markets

Stocks markets have tumbled again as fears of a banking crisis resurfaced…

First cargo of Russian crude to arrive in Pakistan

Lahore: State Minister for Petroleum Dr. Musadik Malik said that Pakistan would…

‘Details of agreement with IMF to be made public’: Ishaq Dar

Finance Minister Mohammad Ishaq Dar on Thursday assured that details of the…

US government approves Alaska oil and gas development

US President Joe Biden has approved a major oil and gas drilling…

Oil prices fall $1 as SVB collapse spooks financial markets

Oil prices fell more than $1 on Tuesday, extending the previous day’s…

Stocks gain 452 points on expected IMF deal

Shares at the Pakistan Stock Exchange (PSX) witnessed a bullish trend in…

Money in failed US bank is safe: Government

People and businesses who have money deposited with failed US bank Silicon…

Most Asian markets sink after US lender’s collapse

Most Asian markets fell on Monday as the closure of two regional…

Iran shows interest to initiate electricity projects in Pakistan

Iran has expressed its interest to initiate more projects on electricity in…

Aramco’s profit soars due to higher oil prices

Saudi Aramco, the world’s largest oil-exporting company, said that annual net profit…

Silicone Valley Bank collapses after failing to raise capital

Silicon Valley Bank collapsed on Friday morning after a stunning 48 hours…

Gold price falls on rupee’s recovery

Gold rate slipped under Rs. 200,000 per tola on Monday as the…

Pakistan receives $500mn financing from Chinese bank

Pakistan has received $500 million from the Industrial and Commercial Bank of…

Interest rate surges to historic high

Lahore: The State Bank of Pakistan announced a new policy and increased…