Business

APP Multan: Transporters in Multan have increased fares for passenger and goods transport services by 15 to 20 percent on various routes following the recent rise in petroleum prices. Transporters said fuel prices have increased twice…

News Desk  Islamabad: The federal government has sharply increased the prices of petrol and high-speed diesel by Rs55 per litre, citing a steep rise in global oil prices driven by the ongoing US-Israel war with Iran and…

QNA/APP Singapore: Oil prices fell on Friday for the first time in six sessions as markets considered potential US government intervention to curb rising prices and efforts to ease global supply pressures. Brent crude dropped $1.14,…

News Desk  Islamabad: Pakistan is seeking alternative channels to secure its energy supplies amid regional tensions affecting the Strait of Hormuz, with Saudi Arabia pledging support to ensure continuity. Federal Minister for…

APP Islamabad: The Pakistan Stock Exchange (PSX) suffered a sharp downturn on Monday, with the benchmark KSE-100 Index dropping 16,089.17 points (9.57%) to close at 151,973.00, compared to 168,062.17 in the previous session, according to…

QNA/APP Singapore: The US dollar is on track for its biggest weekly gain since October, buoyed by expectations that the Federal Reserve will maintain a tighter monetary policy stance. The dollar maintained its gains in early Asian…

WAM/QNA/APP New York/Doha: Gold prices retreated on Wednesday after briefly crossing the key $5,000 mark, as investors awaited fresh signals on US interest rates. Spot gold surged 2.6 percent to touch $5,003.85 per ounce by 16:36 GMT…

News Desk Rawalpindi: The Rawalpindi Chamber of Commerce and Industry (RCCI) has called for comprehensive structural reforms to unlock large-scale foreign investment, following what it described as strong investor interest during a…

APP Islamabad: Gold prices registered a sharp increase in the local market on Thursday, with the price of 24-karat gold rising by Rs14,800 per tola to Rs529,162, according to the All Pakistan Sarafa Gems and Jewellers Association.…

AFP/APP Hong Kong: Oil prices slumped on Monday as easing tensions between the United States and Iran dented risk premiums, while precious metals came under renewed pressure from a surging dollar following last week’s sharp sell-off.…