news
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Gold Price Extends Downward Spiral In Pakistan
BUSINESS:As the Pakistani rupee continues to strengthen against the US dollar in both interbank and open markets, gold…
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Steel Rebar Futures Slumps To Seven Months Low
COMMODITIES(B-TRAMS): Steel rebar futures fell below the seven-month high of CNY 4,252 reached on February 23 due to…
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Crude Oil Prices Slumps On China Outlook
BUSINESS:Crude oil prices fell on Monday as investors waited with caution for the testimony of U.S. Federal Reserve…
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Peanuts Seeds May Use Instead Of Palm Oil To Slumps High Edible Oil Import Bill
CHINA:Dr. Babar Ijaz, During an interview with China Economic Net, the Person In Charge of Overseas Projects at…
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First Cargo Of Russian Crude Oil May Delay To Next Month
ISLAMABAD:After the latter agreed to the former’s request to import a single cargo first as a test case…
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Pakistan Likely To Hike Tax on More Luxury Items Including Foods
BUSINESS:The government changed a summary to include additional items on the list for raising the increased General Sales…
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Pakistan Receives $500 Mln From China
BUSINESS:As part of the $1.3 billion facility that approved by the Industrial and Commercial Bank of China (ICBC),…
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Internationally Gold Price Rose 0.2%, Check The Domestically Rate of Gold In Pakistan
BUSINESS:With the decline of the dollar and at a time when dealers are evaluating the possibilities that the…
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Rupee Boost Against US Dollar After Dar’s Assurance of IMF Deal
BUSINESS:The assurances of Finance Minister Ishaq Dar that a deal will be reached with the International Monetary Fund…
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50,000MT Russian Wheat Arrived Gwadar Pakistan
BUSINESS:Gwadar Port Authority (GPA) Chairman Pasand Khan Buledi confirmed on Thursday that the first of the nine ships…
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Pakistan Jacks Up Interest Rate By 300bps
BUSINESS:In an off-cycle review, the benchmark interest rate was increased by 300 basis points (bps) to 20% by…
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Pakistan To Strike Staff-Level Agreement with IMF ‘Next Week’
BUSINESS:Ishaq Dar, the federal minister of finance and revenue, said on Thursday that Pakistan and the International Monetary…
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Asian Stocks Trading Rally Sputters As China Active, Higher U.S. Yields Weigh
BUSINESS:Internationally the Federal Reserve will keep raising interest rates to combat sticky inflation caused a rally in Asian…
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Palm Oil Futures Trade Rose To 8-Weeks High
COMMODITIES (B-Trams): Due to strong export demand, a weaker ringgit, and concerns about supply, Malaysian palm oil futures…
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Pakistan Discontine Kissan Package Subsidy for Agriculture Consumers
BUSINESS: The coalition government has ended the power subsidy that was provided to consumers in agriculture as part of…
