Business

Business

KSE-100 Rises 0.58% as PIA Privatisation and Rate Cut Boost PSX

Pakistan’s equity market ended the week on a strong note, with the Pakistan Stock Exchange (PSX) benchmark KSE-100 index rising…

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FBR to Crack Down on Sale of Smuggled Goods via Social Media

The Federal Board of Revenue (FBR) has decided to launch a comprehensive crackdown on individuals and businesses selling smuggled and…

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Govt Bank Borrowing Rebounds in FY26 as Fiscal Pressures Mount

The federal government’s borrowing from banks during the first half of FY26 marks a clear reversal of last year’s trend.…

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Nike Shares Jump After Apple CEO Tim Cook Buys Stock

Nike shares surged nearly 4% in early trading on Wednesday, December 24, after Tim Cook made a significant personal investment…

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Ram Recalls 52,000+ Heavy-Duty Trucks Over Airbag, Traction Control Fault

Federal safety regulators have announced an urgent recall affecting more than 52,000 Ram heavy-duty trucks in the United States after…

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Precious Metals Shatter Records as Gold Tops $4,500

The precious metals market reached a historic milestone this week. Gold surged past the $4,500-per-ounce mark for the first time…

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Arif Habib Outlines Ambitious Revival Plan for PIA

Following the successful acquisition of a 75% stake in Pakistan International Airlines (PIA), business magnate Arif Habib has outlined a comprehensive revival strategy.…

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US Suspends 5 Major Offshore Wind Farms, Citing National Securit

The United States Interior Department has suspended leases for all five offshore wind farms currently under construction on the East Coast. The action, announced…

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 PSX KSE-100 Down 0.12% in Cautious, Range-Bound Trading

The Pakistan Stock Exchange (PSX) concluded Monday's trading on a subdued note. The benchmark KSE-100 index closed slightly lower as investor sentiment remained cautious.…

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