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Web Desk
May 09, 2025

State Bank-held forex reserves rise by $230 million in a week

Pakistan’s foreign exchange reserves continued to rise in the week ending May 2, 2025, with the State Bank of Pakistan (SBP) reporting an increase of $118.1 million, or 1.16 per cent, bringing its total holdings to $10.33 billion.

Business

Web Desk
May 09, 2025

PSX remains volatile amid rising Pakistan-India tensions

PSX continued to reflect volatility as growing tensions between Pakistan and India cast a shadow over investor confidence.

Business

Reuters
May 09, 2025

Gold slips as US-UK trade deal weakens safe-haven demand

Gold fell on Friday after US President Donald Trump announced a trade deal with the UK, dimming bullion’s safe-haven appeal, while attention shifted to US-China talks this weekend.

Business

Reuters
May 09, 2025

Oil prices little changed ahead of Sino-US trade meeting

Oil prices were little changed early on Friday after rising more than 3 per cent in the previous session, as trade tension between top oil consumers US and China showed signs of easing and Britain announced a “breakthrough” trade deal with the United States.

Business

Reuters
May 09, 2025

Britain settles for quick win in US trade deal

Economists, affected sectors including farmers, and trade experts welcomed the deal, but urged the government to go further.

Business

Syed Raza Hassan
May 08, 2025

PSX faces unprecedented meltdown after Pakistan downs 25 Indian drones

The largest drag on the benchmark Index came from FFC, MARI, UBL, OGDC, and PPL, which collectively eroded 2,051 points from the KSE-100.

Business

Web Desk
May 08, 2025

JF-17 maker Chengdu Aircraft shares close 20 per cent higher

Shares of China’s Chengdu Aircraft Corporation Ltd surged on Thursday, extending a sharp two-day rally as geopolitical tensions between India and Pakistan escalated.

Business

Reuters
May 08, 2025

US and Britain expected to announce tariff deal on Thursday

Britain was not among the countries hit with additional tariffs, because it imports more from the US than it exports there.

Business

Web Desk
May 08, 2025

PSX suffers another major crash, drops over 8,400 points

The Pakistan Stock Exchange (PSX) opened in the green on Thursday, with the benchmark KSE-100 index posting significant gains following a sharp decline in the previous session.