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Woman Caught Smuggling Rs. 1 Crore Foreign Currency
Customs officials at Karachi Airport have seized foreign currency worth more than Rs. 11.8 million from a woman passenger traveling
ProPakistani
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Pakistan and world business news from seven outlets, one story per event. Updated just now.
518 stories matching “W” · Clear
3 Ways IMF Can Hurt Pakistan
The International Monetary Fund (IMF) wants the government to devalue the Pakistani Rupee (PKR) so fuel prices increase and inflation
ProPakistani
Weekly Market Roundup
Mettis Global
Tesla's Cybercab faces a tough test after rocky Austin debut: Here's why
Tesla’s Cybercab faces a tough test after rocky Austin debut: Here's whyTesla’s Cybercab faced significant challenges during its first month of operations in Austin, fueling concerns over the…
The News
IMF shares first MEFP draft with Pakistan ahead of staff-level agreement talks
The International Monetary Fund logo is seen outside the headquarters building in Washington, US, September 4, 2018.— ReutersIMF flags Rs1,675bn power-sector circular debt breach.Fund seeks higher…
Geo News
UAE stocks fall as US-Iran deadlock weighs
United Arab Emirates stock markets closed lower on Friday as a stalemate in US-Iran negotiations dampened risk appetite and unsettled energy markets.
Business RecorderPSX: KSE-100 settles nearly 500 points lower
A volatile trading session was observed at the Pakistan Stock Exchange (PSX) as investors remained cautious amid reports that the US was sending more troops and carriers to the Middle East, with the…
Business RecorderSri Lankan shares close lower
Sri Lankan shares closed lower on Friday, and slipped for the week. The CSE All Share index settled down 0.33% at 20,812.64, and fell 1.07% over the week.
Business RecorderTrump pushes South Korea on Alaska LNG deal: Why Seoul is hesitant
South Korea is adopting a conservative approach to the long-planned Alaska liquefied natural gas project despite Donald Trump…
The NewsCopper crawls higher on softer dollar, but investors wary about demand
LONDON: Copper prices edged higher on Friday, supported by a weaker dollar and supply issues, but gains were modest due to worries about high oil prices hitting demand.
Business RecorderSECP proposes accreditation framework for insolvency professionals
The Securities and Exchange Commission of Pakistan (SECP) has sought public comments on a proposed accreditation framework for official liquidators, provisional managers and insolvency experts.
Business RecorderPACE to invest Rs1.5bn in Ever Green Water Valley
Pace (Pakistan) Limited (PACE) has announced that its board of directors has approved an equity investment of up to Rs1.5 billion in associated company Ever Green Water Valley (Pvt.) Ltd.
Business RecorderWorld Bank proposes export-finance products for Pakistan’s EXIM Bank
The World Bank has proposed developing export-finance products for the Export-Import Bank of Pakistan (EXIM Bank) to support incremental trade flows, as the government and global lender reviewed…
Business RecorderTax paid with returns declines despite 45% rise in number of filers
This representational image shows a man using a calculator. — APP/File7,953 companies filed returns till Sept 30: FBR.Total tax paid with returns stands at Rs77.3bn.
Geo NewsAustralian shares rebound from three-month low, remain on track for weekly loss
Australian shares rose on Friday, recovering from a more than three-month low hit in the previous session as banks, energy stocks and easing bond yields lifted the benchmark, although it remained on…
Business RecorderAustralia, New Zealand dollars at multi-month lows as yields buffers shrink
SYDNEY: The Australian and New Zealand dollars were pinned around multi-month lows on Friday as the greenback extended its bull run through major chart levels, while bonds found some relief from a…
Business RecorderJapan's Nikkei retreats from 6-week high as investors lock in gains
TOKYO: Japan’s Nikkei 225 retreated from a 6-week high on Friday as investors locked in gains and turned cautious over the outlook for interest rates, inflation, and geopolitical risks.
Business RecorderCopper up on supply woes but dollar drives worst week since April
SINGAPORE: Copper recovered from some of the previous days’ losses on Friday , supported by supply concerns, but earlier declines still set it up to notch its worst weekly fall since April.
Business RecorderHong Kong stocks fall as surging bond yields, higher oil prices weigh
HONG KONG: Hong Kong stocks dropped on the first trading day of October, as the 10-year US Treasury yield hitting a more-than-two-decade high and rising oil prices dampened investor appetite for…
Business Recorder
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