Business

China's STAR50 AI index loses $480 billion in market value

The sharp decline in tech valuations follows a period of extreme overvaluation, raising concerns about the sustainability of China's capital markets.

Pakistan pays $16 billion in foreign loan interest over four years

The country's total external debt stands at around $107 billion, with 80 percent of that debt coming from multilateral and bilateral lenders.

FBR orders textile units to install video surveillance by November 2026

The new mandate requires real-time data transmission to the tax authority to monitor the processing of loose and non-bale fibers.

Brent crude futures drop $2 as regional tensions impact oil markets

The price drop follows a week where Brent crude finished up 6% and WTI ended 2.3% higher.

Pakistan sets new customs values for three types of imported firearms

The reassessment follows stakeholder requests and replaces previous valuations to ensure accurate taxation on arms from all origins.

KSE-100 Index rises 0.41 percent to close at 163,038.47 points

The index climbed 663.59 points as 196 companies posted gains, pushing total market capitalisation to Rs18.061 trillion.

Energas abandons Port Qasim LNG terminal project over policy and fiscal issues

The withdrawal follows the removal of a five-year tax holiday for new terminals and unresolved infrastructure agreements.

CDWP recommends Rs172.25 billion in infrastructure and education projects to ECNEC

The proposals include major irrigation works in Khyber Pakhtunkhwa and a hill torrent management system to bolster regional infrastructure.

IESCO announces power suspension programme for Wednesday across several districts

The outages will facilitate infrastructure projects including flyover construction and road widening by the district administration.

Serielizados Pro industry day hosts 300 professionals in Barcelona

Pakistan government advances development projects worth Rs 213 billion

The Central Development Working Party approved 10 projects and recommended three others for high-level approval to bolster infrastructure and agriculture.

Senator Muhammad Aurangzeb chairs meeting to develop National Private Equity Framework

The move aims to mobilise domestic institutional capital and create a pipeline of investable opportunities over the next decade.

Faysal Bank posts PKR 15.2 billion profit for nine months

The bank declared a third-quarter cash dividend of PKR 1.5 per share while total assets exceeded PKR 1.8 trillion.

United States remains Pakistan's top export destination for current fiscal quarter

China ranked as the second largest export destination for Pakistan, while the United Kingdom took the third spot during the same period.

CDC and EClear Services expand collaboration to digitise Pakistan capital market

The partnership introduces advanced investor verification and automated payment systems to enhance efficiency for brokers and investors.

Pakistan petroleum group imports fall 6.50 percent in first quarter

While overall petroleum imports dipped, the country saw a sharp 41.56 percent drop in Liquified Natural Gas spending compared to the previous year.

Systems Limited profit rises 14 percent for first nine months of 2026

The technology firm saw a 33 percent jump in net sales as regional growth in North America and the Middle East bolstered its bottom line.

KSE-100 Index drops over 800 points as investors await policy rate decision

The benchmark index entered its 11th consecutive week of decline amid global market volatility and a scheduled State Bank of Pakistan interest rate review.

Beco Steel Limited records highest ever net sales and profit in 2026

The integrated steel producer achieved record-breaking financial performance following a strategic shift from textiles to steel manufacturing in 2020.

Retail food prices show mixed trends across essential commodities

While tomato prices have halved, consumers face higher costs for live chicken and various meat cuts in the open market.

Pakistan faces 10 million home shortage as housing demand outpaces supply

The federal government is using the Apna Ghar programme to bridge this gap by offering low-interest financing for houses and flats.

Pakistan approves new automotive policy to target $6 billion in exports

The plan seeks to boost local manufacturing and electric vehicle adoption through tariff cuts and expanded financing limits.

Audit reveals Rs18.46 billion losses in Khyber Pakhtunkhwa economic zones

Azhar Dar elected Jhelum Chamber of Commerce and Industry President

The new leadership aims to transform Jhelum into a regional commercial hub through industrial stability and SME promotion.