Business

Bank of England lifts rate for first time since 2023 to fight inflation

The central bank tightened borrowing costs by a quarter point, catching up with the US Federal Reserve and the European Central Bank in lifting rates since the start of the Middle East conflict

a day ago

Gold prices plummet in Pakistan , global markets

6 days ago

World Bank sees commodity prices up 23pc in 2026 due to Middle East war, other shocks

9 days ago

Pakistan, US explore new avenues for energy cooperation

11 days ago

FinMin Aurangzeb, WB discuss Pakistan's economic reform agenda

14 days ago

PM calls for promoting Pak-Maldives trade, investment ties

15 days ago

Pakistan, Maldives agree to enhance bilateral trade volume from $13mn to $200mn in next two years

16 days ago

FinMin Aurangzeb reaffirms commitment to export-led economic growth

17 days ago

KFC picks Coca-Cola as US soda supplier, ditches longtime partner PepsiCo

21 days ago

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World Bank sees commodity prices up 23pc in 2026 due to Middle East war, other shocks

9 days ago

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Business

Pakistan pursuing investment, export-led growth: FinMin Aurangzeb

The finance minister says Pakistan's economy grew by 3.7 percent in the last fiscal year, while growth is expected to reach around four percent in the current fiscal year, supported by a recovery in the industrial and agricultural sectors

22 days ago

Business

Gold prices decline after one day's increase in Pakistan

The per-tola price of yellow metal reached Rs437,836 after a loss of Rs3,000 during the day

23 days ago

Business

Pakistan, IMF reaffirm commitment to macroeconomic stability

The Finance Minister highlighted improved investor confidence, sovereign credit rating upgrades and renewed access to international capital markets

25 days ago

Business

World economic growth to slow to 2.6pc in 2026, UN trade body says

Trade between China and the US has fallen by more than 20% since 2024, while East Asia has expanded trade with both China and North America

a month ago

Business

Pakistan, IMF reach staff-level agreement for $1.2bn tranche

An International Monetary Fund (IMF) team, led by Iva Petrova, issued a statement at the conclusion of negotiations with Pakistan

a month ago

Business

Pakistan’s economy projected to grow 4pc this year: FinMin Aurangzeb

The Finance Minister recalls the economy is contracting about three years ago, but it is now projected to grow by four percent during the current financial year

a month ago

Business

Gold prices plummet in Pakistan, global markets

The per-tola price of yellow metal reached Rs436,336 after a loss of Rs4,300 during the day

a month ago

Business

FinMin Aurangzeb vows to strengthen key drivers of sovereign ratings

The Finance Minister and the World Bank delegation reviewe implementation of the National Tariff Policy and ongoing analytical support for tariff reforms, including work relating to the automotive sector and future tariff reforms

a month ago

Business

Gold prices record big plunge in Pakisan

The price of yellow metal reached Rs438,136 after a decline of Rs12,800

a month ago

Business

IMF review calls for 'fewer but deeper' reforms in design of loan programs

Civil society groups have worried that the review could leave developing countries facing stiffer austerity measures at a time when they are saddled with rising public debt, soaring borrowing costs, sharp drops in official development assistance and successive systemic shocks

a month ago

Business

Oil price dips briefly below $100 on Saudi exports, hopes of US-Iran diplomacy

During the session, Brent crude futures and US West Texas Intermediate crude dipped below $100 a barrel to their lowest since September 9

2 months ago

Business

PM expresses satisfaction over SBP reserves reaching historic high of $21.4bn

Shehbaz Sharif says Pakistan’s successful re-entry into international capital markets is also a reflection of the restoration of global confidence in the country’s economy

2 months ago

Business

Oil rises above $108 as attacks, pipeline outage deepen Saudi supply concerns

Brent crude futures rose $2.5, or 2.37%, to $108.18 a barrel at 0813 GMT, while US West Texas Intermediate futures were up $2.46, or 2.43%, at $103.85 a barrel

2 months ago

Business

Oil prices up over 3pc following new strikes on Saudi, Strait of Hormuz

Brent crude futures rose $3.21, or 3.1%, to $107.82 per barrel as of 0340 GMT

2 months ago

Business

Brent crude rises above $100 a barrel as Middle East conflict escalates

Brent crude futures rose $2.15, or 2.2%, to $100.07 a barrel by 0721 GMT, while US West Texas Intermediate crude was up $1.70, or 1.83%, at $94.73 a barrel