KARACHI: Pakistan Stock Exchange (PSX) closed Wednesday’s session on a positive note, gaining 464.53 points, or 0.26%, to settle at 180,311.22, as investors returned to equities and made purchases in key sectors. The benchmark KSE-100 index remained in the black throughout the session, during which it reached the intra-day high of 180,901.27 at midday. The…
The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices eased on Thursday after gains in previous sessions, as attention turned to expectations of weaker global oil demand this year, while there was no progress on opening the vital Strait of Hormuz. Brent futures slipped 42 cents, or 0.47%,…
LONDON: OPEC on Wednesday lowered its forecast for world oil demand growth in 2026 to 580,000 barrels per day, a copy of its monthly report showed, marking the fourth straight downward revision. The producer group continues to see a smaller impact on consumption since the Iran war started than other forecasters such as the International…
A 3D-printed Meta logo and word “AI” are seen in this illustration created on July 20, 2026. — REUTERS ISLAMABAD: Private hospitals across Pakistan are accelerating investments in artificial intelligence, cloud platforms, data analytics and systems interoperability as competition intensifies in the multi-disciplinary care market. The push aims to create seamless physical-to-digital patient journeys and…
Pakistan Finance Minister Muhammad Aurangzeb. Photo: Reuters/ File ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met newly-elected Pakistan Business Council (PBC) Chairman Ziad Bashir and Chief Executive Javed Kureishi to discuss investment, competitiveness and regulatory reforms, the finance ministry said on Tuesday. Aurangzeb emphasised the need for a stronger focus on private-sector-led…
ISLAMABAD: The Securities and Exchange Commission of Pakistan approved 10 initial public offerings between January and June 2026, through which more than Rs20 billion was raised, Commissioner Muzaffar Ahmed Mirza said on Tuesday. Addressing a guest lecture series in Islamabad, Mirza said Pakistan’s population of 255 million – driven by a large youth segment –…
US strikes on Iranian ports halt fuel-for-tuna barter, push boatbuilding orders down 90% In Iranian waters, a strange trade is taking place — Pakistani fishermen exchange subsidised Iranian fuel for high-value tuna, a barter system now under threat from escalating United States-Iran tensions. Shah Zamin Khan is among thousands of Pakistani tuna traders whose lucrative…
A farmer holds rice sapling as he prepares to plant them in a field on the outskirts of Ahmedabad, India. Photo: REUTERS The Federal Court of Australia has dismissed an appeal by India’s Agricultural and Processed Food Products Export Development Authority (APEDA) to register “Basmati” as a certification trademark for rice in the country, a…
Report says defence budgets are not ‘subject to adequate parliamentary or civilian public oversight’ Finance Minister Muhammad Auranzgeb presenting demands for grants under budget FY26-27 at the National Assembly. PHOTO: NA/FACEBOOK The United States State Department said on Wednesday that Pakistan needed to increase civilian oversight of public finances to improve its fiscal transparency. According to…
Exploration, banks, autos and energy stocks lead broad-based buying, geopolitical developments support sentiment As a result of extensive campaign and persistent follow-up, by the end of the deadline, PSX had received a total of 17 EOIs from foreign and local investors. — FILE PHOTO KARACHI: The Pakistan Stock Exchange (PSX) closed the session on Wednesday…