[ KARACHI: Pakistan Stock Exchange (PSX) recovered on Friday as late-session easing of crude oil prices lifted sentiment, allowing the benchmark KSE-100 index to close nearly 1,650 points higher. Arif Habib Limited (AHL), in its report, observed that Pakistan’s equity market recovered as the KSE-100 rose 0.98%, or 1,646.82 points, to close at 170,511.86. The … Read more

[ Minister thanked Lee for Hong Kong’s hospitality, reiterated commitment to historic relationship with China HONG KONG: Federal Minister for Commerce Jam Kamal Khan has urged Hong Kong to explore the resumption of Cathay Pacific flights to Pakistan, saying improved air connectivity could support business, tourism and commercial exchanges. During a meeting with Hong Kong … Read more

[ Four 66kV grid stations in Sindh to be upgraded to 132kV under $40m ADB-funded programme ISLAMABAD: Chinese firm Jiangsu Ankura Intelligent Electric Co Ltd has secured an $11.728 million contract under a $40 million Asian Development Bank (ADB) power project to upgrade four 66kV grid stations of the Sukkur Electric Power Company (Sepco) to … Read more

[ Companies hold back purchases in anticipation of price change, fear inventory losses ISLAMABAD: High-speed diesel (HSD) stocks at several oil marketing companies (OMCs) have fallen below the minimum 20-day consumption requirement as companies hold back purchases on expectations of another change in petroleum prices, sparking concerns over supply security and exposing liquidity constraints in … Read more

[ ISLAMABAD: Federal Minister for National Food Security & Research Rana Tanveer Hussain held a meeting with Tajikistan Ambassador Yusuf Sharifzoda to discuss bilateral trade, agricultural cooperation, economic relations and ways to further strengthen ties between the two countries. During the meeting, the Tajik envoy conveyed an invitation to the federal food minister to attend … Read more