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Saudi needs Aramco billions as recession slows austerity drive
The plan eased investor fears about Saudi Arabia’s fiscal stability and reduced pressure on its currency.
BP chairman to step down
LONDON: British energy major BP said on Thursday that chairman Carl-Henric Svanberg has decided to step down after a...
Reserves rise
KARACHI: Pakistan’s total liquid foreign exchange reserves rose to $20.05 billion on Oct 13 from $19.6bn a week...
Palm oil dips
KUALA LUMPUR: Malaysian palm oil futures continued to fall on Thursday evening in its second consecutive session,...
Sluggish activity on cotton market
KARACHI: Trading activity slowed down on the cotton market on Thursday as ginners were not ready to lower prices and...
Gold recovers
LONDON: Gold prices recovered on Thursday after dropping overnight to their lowest in more than a week, driven down...
Withdraw tax on widows and pensioners, Dar orders FBR
Behbood Savings Certificates holders currently receive a 9.36 per cent rate of return per annum.
Conditions notified for availing export package
Commerce Division issues a notification SRO1062 for non-textile products.
31 projects worth Rs360bn approved
Projects are in energy, water, transport, housing, health, technology, information technology, horticulture.
Pakistan Oilfields earns Rs2.53bn
The results are thought to be in line with market expectations.
Iraq slams deal between Rosneft and Kurds
The agreement came hot on the heels of Baghdad’s recapture from Kurdish forces of five oil fields.
Stocks stage 825-point rally
The index surges 825 points (2.02 per cent) to close at 41,558 points.