Business

Business

IMF Approves $1.2 Billion Funding for Pakistan After Successful Review

Islamabad: The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement for an additional $1.2 billion in financial…

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KSE-100 Index Rebounds Strongly on Pak-US Ties and IMF Optimism in October 2025

The Pakistan Stock Exchange (PSX) benchmark KSE-100 Index rebounded strongly, closing at 162,969.67 after rising 4,526.25 points, or 2.86%, from…

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Pakistan and IFC Agree to Accelerate Reko Diq Project Financing

Pakistan’s Ministry of Finance announced an agreement with the International Finance Corporation (IFC) to expedite financial close for the Reko…

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Gold Prices Soar to Record Highs in Pakistan and Globally in October 2025

On October 13, 2025, gold prices reached unprecedented levels, with international markets showing an increase of $55 per ounce, bringing…

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Pakistan’s KSE-100 Index Drops 0.68% on IMF Uncertainty and Trade Deficit Woes

The Pakistan Stock Exchange (PSX) continued its downward trend, with the KSE-100 Index at 161,988.12, down 1,110.07 points or 0.68%…

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Qantas Confirms Customer Data Leaked in 2025 Cyberattack

Qantas Airways confirmed that customer data stolen in a July cyberattack was published by the hacker collective Scattered Lapsus$ Hunters…

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Pakistan Faces $30B Import Data Gap as IMF Demands Transparency

Pakistan’s import records from July 2020 to June 2025 show a $30 billion gap. Pakistan Single Window (PSW) reports $321…

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Chairman ABL Funds Sheikh Mukhtar Ahmad Passes Away

Allied Bank Limited (ABL) has announced the passing of Chairman ABL Funds Sheikh Mukhtar Ahmad in a notice issued to…

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KSE-100 Drops 736 Points on October 09 2025 Amid Heavy Selling

On October 9, 2025, the Pakistan Stock Exchange (PSX) extended its losing streak, with the KSE-100 Index dropping 735.94 points,…

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