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Web Desk
Jan 07, 2025

Intraday update: PKR gains 12 paisa against USD

The Pakistani rupee (PKR) registered a marginal improvement against the US dollar (USD), appreciating by 0.04 per cent in the interbank market during the initial trading hours on second trading day of the week.

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AFP
Jan 07, 2025

US records its first human death from bird flu

The patient, aged over 65, had been hospitalized for a respiratory ailment, and was the first serious case of human infection of the H5N1 virus to be detected in the United States.

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Web Desk Karachi
Jan 07, 2025

Revival of Exim Bank, key priority for Pakistan’s economic growth, says Aurangzeb

The bank has met the IMF’s structural benchmark for transitioning the export refinance facility from the State Bank to the Exim Bank, surpassing the first-year target by 168 percent.

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Web Desk
Jan 07, 2025

Mavericks in trouble with slew of injuries

Kyrie Irving was absent from Dallas’ 15-point loss to Memphis, as the 2016 NBA champion was out with a bulging disc according to Shams Charania.

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Web Desk Karachi
Jan 07, 2025

Private sector borrowing soars to Rs1.9 trillion in 1HFY25

Data released by SBP revealed that banks have been willing to extend loans to the private sector despite ongoing challenges linked to sluggish economic growth and political instability.

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Web Desk
Jan 07, 2025

PSX sheds over 2,500 points after opening in green

On the second trading day of the week, the Pakistan Stock Exchange (PSX) opened in the green but experienced fluctuations in the initial trading hours.

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Web Desk
Jan 07, 2025

Shaking hands: Did Maryam Nawaz break diplomatic protocol?

A viral photo from yesterday showing Chief Minister, Maryam Nawaz, shaking hands with UAE President has taken social media by storm.

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Web Desk Karachi
Jan 07, 2025

ECC imposes immediate ban on ozone-depleting insulation materials

The ban, effective at the end of January, prohibits the opening of new letters of credit (LCs) for these materials and mandates the completion of legal and procedural actions within a two-week timeframe.

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Web Desk Karachi
Jan 07, 2025

Plans laid for reviving Pakistan Steel Mill and establishing industrial park

The discussion focused on repurposing 3,200 acres of PSM land, currently registered under Pakistan Steel Mills Limited (PSML), for industrial use.

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Web Desk Karachi
Jan 07, 2025

Pakistan targets Rs 5.2 trillion in treasury bill and bond sales amid growing foreign outflows

Foreign investors have significantly reduced their holdings in Pakistan’s T-Bills, withdrawing 64 percent of their investments, equating to $550.6 million in the first five months of FY25.