LATEST NEWS

Gold retreated from record highs as profits were locked in, the pullback came amid a softer tone from President Donald Trump on both Federal Reserve policy and tensions with Iran, which reduced demand for the safe-haven metal. Currently after the retreat, gold has recovered , Spot gold is up 0.35% at $4,608.92 an ounce as […]

The global ESG sukuk market is on track to surpass $70 billion by the end of 2026, driven by strong demand in emerging markets (EMs). ESG sukuk accounted for roughly 40% of EM ESG debt issuance in US dollars in 2025, up from 18% in 2024, highlighting the rapid adoption of sustainable finance instruments across […]

Work on the long-awaited Karachi Chaman highway has formally begun, with the federal government setting a one year completion target instead of the originally planned two years. Efforts intensify to upgrade one of the country’s most accident-prone routes. Addressing federal cabinet members, Prime Minister Muhammad Shehbaz Sharif said he recently visited Quetta, where the foundation […]

Oil markets dropped sharply in early Asian trade on Thursday as comments from U.S. President Donald Trump eased fears of military conflict in the Middle East. Brent crude futures went down by $1.94, or 2.92%, to $64.58 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures decreased by $1.83, or […]

The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan’s (CCP) finding that Unilever Pakistan and Friesland Campina Engro misled consumers by marketing frozen desserts as ice cream, while reducing the financial penalties imposed on the companies. The CAT cut the fines from Rs75m to Rs15m for each company. In addition, Unilever Pakistan’s […]

Pakistan Stock Exchange (PSX) is inviting bids from companies, institutions, and banks for the purchase of 3,034,603 shares of ISE Towers REIT Management Company Limited (ISE REIT). These shares were pledged with PSX under the Base Minimum Capital (BMC) requirements by a forfeited TRE Certificate Holder. Proceeds from the sale will be used to settle […]

The Competition Commission of Pakistan (CCP) has highlighted the growing competition challenges arising from the rapid expansion of digital platforms, big data, and algorithm-driven business models. It also stressed the need for strong and effective enforcement to ensure fair competition and innovation in digital markets. These issues were discussed during a lecture titled “Competition Concerns in […]

Pakistan has signed a memorandum of understanding with World Liberty Financial’s affiliated entity, SC Financial Technologies LLC, to develop frameworks for digital payments and cross-border transaction infrastructure. The government seeks to integrate the country more deeply into global digital finance systems. The MoU was signed during a meeting between Prime Minister Muhammad Shehbaz Sharif and […]

The benchmark KSE-100 Index concluded Wednesday’s trading session at 182,569.81, showing a decrease of 1,381.69 points or 0.75%. The index traded in a range of 2,356.74 points showing an intraday high of 184,726.60 (+775.10) and a low of 182,369.86 (-1,581.64) points. The total volume of the KSE-100 Index was 444.26 million shares. Of the 100 […]

Pakistan will require an estimated $565.7 billion in investment by 2035 to meet its updated climate commitments under Nationally Determined Contributions (NDC) 3.0. The estimate showed the scale of financing needed to cut greenhouse gas emissions, expand renewable energy, and strengthen climate resilience in one of the world’s most climate-vulnerable countries. The figures were shared […]