Business
Business
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…
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 $55 per ounce, bringing…
Pakistan’s KSE-100 Index Drops 0.68% on IMF Uncertainty and Trade Deficit Woes
The Pakistan Stock Exchange (PSX) continued its downward trend, with the KSE-100 Index at 161,988.12, down 1,110.07 points or 0.68%…
Qantas Confirms Customer Data Leaked in 2025 Cyberattack
Qantas Airways confirmed that customer data stolen in a July cyberattack was published by the hacker collective Scattered Lapsus$ Hunters…
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…
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…
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,…
Pakistan and IMF Near Staff-Level Agreement in 2025 Review Talks
The International Monetary Fund (IMF) reported substantial progress in discussions with Pakistan, edging closer to a staff-level agreement. These negotiations,…
Gold Prices Hit Record Highs in Pakistan and Globally
Gold prices soared to unprecedented levels in both global and Pakistani markets. Internationally, spot gold rose 1.3% to $4,034.59 per…