Business

Business

Pakistan LNG Cargo Costs $21.88 per MMBtu, 2026 High

Pakistan LNG Limited awarded a spot LNG cargo at USD 21.88 per MMBtu, the highest price paid since March 2026,…

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Oil Prices Ease as Truce Hopes Offset Houthi Blockade Risk

Brent crude fell USD 0.35, or 0.4%, to USD 88.87 a barrel by 0052 GMT Tuesday, while September West Texas…

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KSE-100 Gains 125 Points as Middle East Risks Persist

The KSE-100 gained 125 points on Monday, July 20, closing at 175,927.74 as higher turnover helped the benchmark withstand caution…

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Brent Oil Prices Top $90 as Hormuz Traffic Slows

SINGAPORE: Brent oil prices rose 2.37% to USD 90.19 per barrel by 0241 GMT on Monday as escalating US-Iran hostilities…

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National Savings Profit Rates Cut Across Key Schemes

ISLAMABAD: The federal government reduced National Savings profit rates across several schemes, with revised returns ranging from 11.2% to 12.96%,…

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Samsung US Job Cuts Hit New Jersey, Texas Operations

Samsung Electronics cut jobs across its US consumer-electronics business as it moves its American headquarters from New Jersey to Texas,…

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Pakistan Fiscal Deficit Held at 1.6% of GDP in 11 Months

ISLAMABAD: Pakistan’s fiscal deficit stood at Rs2.03 trillion, or 1.6% of GDP, during July-May FY2025-26 after provincial governments generated a…

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PESCO Installs APMS Smart Meters on DI Khan 11kV Feeder

DERA ISMAIL KHAN, Khyber Pakhtunkhwa: PESCO APMS smart meters are being installed on distribution transformers linked to the 11kV Muslim…

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KSE-100 Weekly Decline Hits 6,438 Points at PSX

KARACHI: The KSE-100 weekly loss reached 6,439 points, or 3.53%, as the benchmark closed at 175,802.79 on Friday, July 17.…

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