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Business
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…
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%,…
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,…
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…
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…
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.…
Pakistan Foreign Financing Hits $16.16bn, Misses Target
Pakistan's foreign financing reached $16.16 billion in FY2025-26, about $3.76 billion below the government’s $19.92 billion target, according to provisional…
Trump Threatens Higher Canada Tariffs Over Wildfire Smoke
WASHINGTON: President Donald Trump threatened higher tariffs on Canada over wildfire smoke affecting the United States, but announced no new…
Pakistan Daily Fuel Pricing Approved, OGRA to Set Rates
ISLAMABAD: Pakistan's daily fuel pricing will replace periodic government-set rates after the federal cabinet authorised OGRA to calculate and publish…