9+ hour, 45+ min ago   (338+ words) The Privatisation Commission has halted the PTA's approval for Ufone's rebranding to "e&" following its merger with Telenor, citing it as a government-level decision requiring further consultation. ISLAMABAD: The Privatisation Commission has stopped the Pakistan Telecommunication Authority (PTA) from granting…...

9+ hour, 46+ min ago   (318+ words) Thatta Cement Company Limited (THCCL) said on Monday that a proposed restructuring of Pakistan Services Limited (PSL) is being negotiated to resolve a matter pending before the Islamabad High Court amicably. The listed cement maker disclosed the development in a…...

13+ hour, 15+ min ago   (438+ words) The State Bank of Pakistan's Monetary Policy Committee is widely expected to maintain the policy rate at 11.5% today, balancing inflation concerns with improving external buffers. The State Bank of Pakistan (SBP) Monetary Policy Committee (MPC) is expected to meet today…...

13+ hour, 29+ min ago   (408+ words) Selling pressure was observed at the Pakistan Stock Exchange (PSX) after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf, with the benchmark KSE-100 Index shedding nearly 1,500 points during the opening minutes of trading on…...

15+ hour, 29+ min ago   (654+ words) The dollar holds steady while the yen gains ahead of pivotal central bank rate decisions, as Mideast tensions drive oil prices and influence global monetary policy. SINGAPORE: The dollar was steady on Monday, ​with the yen holding on to its…...

18+ hour, 20+ min ago   (380+ words) FBR ‘defies’ President’s ADRC’s ruling Business Recorder ISLAMABAD: Despite a categorical ruling by President Asif Ali Zardari directing implementation of an Alternate Dispute Resolution Committee’s (ADRC) decision in favour of an Islamabad based taxpayer, the Federal Board of Revenue (FBR)…...

15+ hour, 14+ min ago   (200+ words) Samsung and SK Hynix rejected KEPCO's $18.7 billion upfront payment proposal for power infrastructure, citing uncertainty in long-term semiconductor demand for new mega clusters. SEOUL: Samsung Electronics and SK Hynix have rejected a proposal by Korea Electric ​Power Corp to make…...

15+ hour, 24+ min ago   (627+ words) Asian markets slid as oil prices surged due to supply concerns, while investors braced for anticipated interest rate hikes from the US Federal Reserve and Bank of Japan this week. SYDNEY: Share markets slid in Asia on Monday as supply…...

15+ hour, 35+ min ago   (531+ words) KARACHI: Ateeq-ur-Rehman Economic and Financial Analyst has said that Pakistan need intelligent initiatives, plan and targets for revival of our shrinking industries, declining manufacturing and enormously expanding the trade gaps almost with every country in the world, also. The following…...

15+ hour, 35+ min ago   (431+ words) Oil prices surged over 2% due to Houthi strikes, Iranian attacks on ships, and the closure of a key Saudi pipeline, intensifying global supply concerns. BEIJING: Oil prices jumped more than 2% on Monday, after new Houthi strikes on Saudi Arabia and…...