Business
Business
Oil Prices Surge to $110 on Iran War as Hormuz Risks Spike
Oil prices surge on Iran war escalation as the expanding US-Israeli conflict with Iran fuels fears of prolonged disruption to…
ARY Acquires Majority Stake in Nukta to Expand Digital Media Footprint
ARY acquires majority stake in Nukta as ARY Digital Network moves to strengthen its position in Pakistan’s fast-changing digital media…
Kuwait Declares Force Majeure on Oil as Strait of Hormuz Blockage Deepens
Kuwait declares force majeure oil deliveries after Kuwait Petroleum Corporation (KPC) began cutting output on Saturday, as the US-Iran war…
US Considering Lifting Russian Oil Sanctions as Prices Surge Amid Gulf Disruption
The US's consideration of lifting Russian oil sanctions is back in focus after Treasury Secretary Scott Bessent said Washington may further…
Oil Prices Surge as Strait of Hormuz Closure Tightens Supply, WTI Jumps Over 10%
Oil prices surge as Strait of Hormuz closes, sending US crude sharply higher on Friday as buyers searched for available…
IMF Urges Pakistan to Raise Fuel Prices, Reject Subsidies and Protect PDL Target: Sources
The IMF urges Pakistan to raise fuel prices immediately, sources said Friday, as Islamabad holds virtual talks with an International…
SBP Policy Rate Likely Unchanged at 10.5%: Reuters Poll
The SBP policy rate is likely to remain unchanged at the State Bank of Pakistan’s policy review on Monday, according to a…
PSX Rebounds After Sell-Off as KSE-100 Jumps 5,433 Points to 161,211
The PSX KSE-100 rebounds after a sell-off on Thursday, staging a strong recovery after a volatile week dominated by geopolitical tensions in…
US Financial Firms Step Up Cyber Monitoring as Iran War Raises Attack Fears
US financial firms are on cyber alert as geopolitical tensions rise following the unfolding US war in Iran, with banks…