The State Bank of Pakistan (SBP)-led foreign exchange reserves jumped by $107 million to $4 billion during the week ending June 9, 2023, official statistics show....
Shell Pakistan Limited (SPL) said on Wednesday that the parent company Shell Petroleum Company – which owns 77 per cent shares in the local entity –...
The Pak Suzuki Motor Company (PSMC) has decided to extend the shutdown of its motorcycle plant till June 16, citing the government policies as major reason...
Amid a complete stalemate, Moody’s Investors Service noted that Pakistan faced “increasing risks” of not being able to rescue the troubled International Monetary Fund (IMF) programme...
The US dollar lost another five rupees against the local currency in open market by noon on Wednesday and was available for Rs295, which so far...
The pain is getting deeper for San Francisco as the owners of one of the biggest shopping centres in the city decided to walk away after...
China’s Unipec, the trading arm of top Asian refiner Sinopec (600028.SS), has emerged as a major seller of August-loading Oman crude this month, a move that...
Pakistan paid for its first government-to-government import of discounted Russian crude in Chinese currency, the South Asian country’s petroleum minister said on Monday, a significant shift...
Chairman of All Pakistan Textile Mills Association (APTMA) North Zone Hamid Zaman has feared massive closures and retrenchment of textile workers in Regionally Competitive Energy Tariff...
India’s annual retail inflation cooled to a more than two-year low of 4.25% in May as cost pressures on food eased, moving closer to the Reserve...