PSX hits new milestone as KSE-100 index jumps past 55,000 mark – Wajobz
KSE-100 index closes at 55,391.36 points.The index gained 1129.94 points or 2.08%.It reached intraday high of 55,506.32 points.KARACHI: The Pakistan Stock Exchange (PSX) started...
Pakistan’s soaring debt reaches Rs78tr, raises concerns of unsustainability – Wajobz
Pakistan’s total debt and liabilities have surged by an alarming 26 percent, reaching a new record of Rs78 trillion in the past year, with...
Attention! If you're not using your cellphone SIM, you'll be charged – Wajobz
From January 1, cellular mobile operators can levy "SIM Disowning Charge", according...
Projects face lengthy delays – Wajobz
ISLAMABAD:
More than half of the World Bank-funded portfolio of federal projects worth $6.7 billion has been declared unsatisfactory or problematic by the lender, highlighting...
Food inflation pushes short-term inflation to seven-week high – Wajobz
The Sensitive Price Indicator (SPI), which measures the weekly change in prices of 51 essential commodities, has risen by 0.73% in the week ending...
Workers’ remittances increase by 11.5% in October – Wajobz
SBP says inward remittances stood at $8.8 billion from Jul-Oct. Remittances increased by 9.6% on YoY basis.Analyst credits crackdown against hundi/hawala for increase. KARACHI: The remittances from...
In a first, PSX crosses 55,000-point barrier – Wajobz
KARACHI:
In a record-breaking spree, the Pakistan Stock Exchange (PSX) touched a new peak above the 55,000-point barrier in the outgoing week as investors built...
China’s biggest lender ICBC hit by ransomware attack – Wajobz
The Industrial and Commercial Bank of China’s (ICBC) U.S. arm was hit by a ransomware attack that disrupted trades in the U.S. Treasury market...
IMF objects to delay in fresh SOEs evaluation report – Wajobz
Pakistan had agreed that CMU will issue first periodic report in Dec.IMF has been informed that CMU was created in Sept 2022.Spokesman assures report...
Iraq backs OPEC+ cuts ahead of meeting – Wajobz
NEW YORK:
Oil prices gained about 2% on Friday as Iraq voiced support for OPEC+’s oil cuts ahead of a meeting in two weeks and...
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