Business
Business
Oil Prices Surge 5% as Global Markets Fall
Oil prices surge more than 5% Wednesday, July 8, while global stock markets fell after US President Donald Trump said…
Hedge Fund Returns Rise as Stock Pickers Gain 4pc
LONDON: Hedge fund returns rose in June as stock pickers gained 4% and fundamental equity funds posted an 18.4% quarterly…
Global Markets Fall as Brent Crude Jumps 5.37pc
LONDON: Global markets fell broadly as the Nikkei 225 lost 2.11% and Brent crude oil rose 5.37% to $78.14, LSEG…
KSE-100 Stocks: GAL Leads Three-Year PSX Outperformers
KSE-100 stocks led by Ghandhara Automobiles Ltd. beat the benchmark for three straight fiscal years, Pakistan Stock Exchange data showed.…
Oil Prices Rise 2% After US Strikes in Southern Iran
Oil prices rose more than 2% on Wednesday after US strikes in southern Iran and renewed crude sales sanctions raised…
Saudi Package Visa Pilot Combines Flights, Hotels, Entry Permit
Saudi Package Visa Pilot Combines Flights, Hotels, Entry Permit Lede paragraphSaudi Arabia has launched the pilot phase of its Saudi…
Pakistan Islamic Banking Shift Gives Foreign Banks Edge
KARACHI: Pakistan's Islamic banking rules will require domestic lenders to convert fully by January 1, 2028, while foreign banks may…
TPL Properties Breakout Signals Bullish Trend Reversal
TPL Properties Limited (TPLP) showed a technical breakout on the Pakistan Stock Exchange, closing at PKR 12.54, up PKR 0.90…
SBP Savings Deposit Rate Change May Lift Banks’ EPS
The State Bank of Pakistan’s deregulation of savings deposit rates could increase banks’ earnings per share by up to 9%…