PSX Plunges Over 1,500 Points as Middle East Tensions Surge
KARACHI — The Pakistan Stock Exchange (PSX) commenced the trading week with a heavy sell-off, as intensifying geopolitical friction in the Middle East sent shockwaves…
Business
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Pakistan Trade Deficit Hits $39.5 Billion
Pakistan’s trade deficit has ballooned to a staggering $39.5 billion, a four-year high that signals deepening trouble for the national economy. The alarming figure was…
Islamabad Court Halts 50% Extra Toll on Non-M-Tag Vehicles
The Islamabad High Court has restrained the National Highway Authority (NHA) from collecting additional toll charges from motorists, suspending a notification that imposed a 50…
Gold Prices in Pakistan Surge by Rs12,200 Per Tola
KARI: A powerful wave of buying swept through Pakistan’s bullion market on Friday as domestic gold prices recorded a staggering single-day jump, mirroring a significant…
France Targets Shein, Temu with New Ultra-Fast Fashion Law
After two and a half years of legislative debate, the French Parliament definitively adopted a groundbreaking proposal on Monday, June 29, 2026, designed to curb…
Jet Fuel Price Cut by Rs7.15, Relief for Airlines
In a move set to ease financial pressure on domestic carriers, the government has announced a reduction in the price of jet fuel by Rs7.15…
Fuel Taxes Still Bite at 29% Despite Price Cut
ISLAMABAD: The recent dramatic reduction in fuel prices has brought little relief from the heavy burden of taxation, as government levies continue to account for…
Oil Jumps as US-Iran Peace Talks Collapse
Oil prices climbed on Friday, reversing a steep weekly sell-off, after a planned round of peace negotiations between the United States and Iran was abruptly…
Pakistan to Slash Fuel Prices After Oil Retreat
ISLAMABAD: Prime Minister Shehbaz Sharif announced on Friday that the government will substantially reduce petroleum prices, delivering long-awaited relief to millions of households after a…
PSX Rally Intensifies on Rate Hold and Iran Peace Optimism
The Pakistan Stock Exchange (PSX) continued its powerful rally on Tuesday, with the benchmark index surging nearly two percent at its peak, as a confluence…
Pakistan Eyes Global Bond Spree, Budget Gains from Iran Deal
ISLAMABAD — Pakistan is pivoting toward commercial borrowing to reshape its creditor profile and sees potential economic improvements following the end of the US war…
PSX Soars as US-Iran Deal and Oil Slump Ignite Rally
The Pakistan Stock Exchange (PSX) staged a blistering rally on Monday, as a confluence of global and domestic tailwinds—headlined by a breakthrough peace deal between…
Oil Tumbles 4% as US-Iran Peace Deal Reopens Hormuz
SINGAPORE — Global oil markets suffered a dramatic sell-off on Monday, sending crude prices to their lowest levels since March, after the United States and…
Pakistan Cuts Petrol by Rs4, Diesel by Rs2 Per Litre
ISLAMABAD: In a move offering slight respite to inflation-weary citizens, the federal government has announced a reduction in the prices of major petroleum products. The…
Pakistan Unveils Rs18.8tr Budget Targeting 4% Growth
ISLAMABAD: The federal government on Friday laid out an Rs18,771 billion budget for the fiscal year 2026-27, charting a cautious economic course as it grapples…
PSX Surges on US-Iran Deal Hopes and Budget Watch
The Pakistan Stock Exchange (PSX) surged on Friday, propelled by a wave of global optimism over a potential US-Iran agreement and a concurrent slide in…
PSX Surges as Oil Plummets on US-Iran Peace Hopes
Stocks staged a powerful rally on Monday, with the benchmark index gaining significant ground as global crude oil prices plunged to two-week lows amid growing…
Pakistan Cuts Petrol and Diesel Prices by Rs5
The federal government has announced a reduction of Rs5 per litre in the prices of petrol and high-speed diesel (HSD) for the upcoming week, offering…
Oil Tops $107 as Iran-US Tensions Rattle Markets
Global oil prices climbed above $107 a barrel on Monday, while US stock futures slipped, as the breakdown of peace negotiations between the United States…
Pakistan Repays Final $1 Billion to UAE, Completes $3.45B Settlement
The State Bank of Pakistan (SBP) confirmed on Friday that it has fully repaid $3.45 billion in deposits to the United Arab Emirates, completing the…