Business
Business
Oil Flows Resume as US–Iran Agreement Takes Effect
Oil flows through the Strait of Hormuz resumed on June 18 as three Saudi-flagged supertankers carrying 6 million barrels of…
Iranian Rial Gains 15% After US-Iran Agreement
The Iranian rial gained more than 15% over the week after Tehran and Washington announced an agreement to end hostilities…
T-Bills Investment App Opens Rs5,000 Access
Islamabad, Pakistan, a new T-bills investment app has been launched to let citizens invest in government Treasury Bills with a…
Tax Disclosures Show Rs750bn Untaxed Deposits
Islamabad, Pakistan, FBR tax disclosures show 9,000 people hold Rs750 billion in bank deposits while paying zero income tax, Chairman…
IMF Real Estate Relief Talks Stall Over Rs115bn Package
The International Monetary Fund has not agreed to Pakistan’s proposed Rs115 billion real estate relief package. Virtual talks between Pakistan’s…
Stock Movers: SpaceX, Moderna Rise as Intel Falls
Stock movers on Tuesday included SpaceX and Moderna among the biggest gainers, while Intel, Planet Labs and Huntsman led notable…
Eos Energy Stock Jumps as Battery Line 2 Starts
Eos Energy stock rose after Eos Energy Enterprises, Inc. (NASDAQ: EOSE) started commercial production at Battery Line 2 on June…
Oil Prices Fall 4% as Brent Hits Three-Month Low
Oil prices fell about 4% on June 16, with Brent crude dropping below $80 a barrel for the first time…
100 Index Gains Nearly 3,000 Points After SBP Hold
The KSE-100 Index rose as much as 2,947.08 points, or 1.66%, on Tuesday after the State Bank of Pakistan held…