Latest - Business Recorder

Markets

Australia, NZ dollars off lows as markets cling to peace hopes

The Aussie held at $0.7045, after rallying almost 0.8% overnight from a trough of $0.6979

Published 12 Jun, 2026 11:32am

Markets

South Korean shares jump 8% on Mideast peace hopes, set to end volatile week higher

The benchmark KOSPI was up 620.10 points, or 7.99%, at 8,384.05

Published 12 Jun, 2026 11:31am

Markets

Australian shares climb to one-week high as easing US-Iran tensions lift sentiment

The S&P/ASX 200 index rose 1.8% to 8,789.10

Published 12 Jun, 2026 11:29am

Markets

Copper rallies on easing oil, Middle East peace deal hopes

The benchmark three-month copper on the London Metal Exchange was up 1.64% at $13,704 a metric ton

Published 12 Jun, 2026 11:28am

Markets

Japan's Nikkei jumps on renewed hopes for Middle East peace

The Nikkei was up 3.8% at 66,658.59

Published 12 Jun, 2026 11:27am

Markets

Palm falls on weaker rival oils but poised for fourth weekly gain

Palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange slid 8 ringgit, or 0.18%, to 4,543 ringgit

Published 12 Jun, 2026 11:24am

Markets

Soybeans fall on favourable crop weather, ample global supplies

The most-active soybeans contract on the Chicago Board of Trade (CBOT) fell 0.1% to $11.13-1/2 a bushel

Published 12 Jun, 2026 11:23am

Markets

Malaysia's April industrial production up 8.2% y/y, above forecast

April's factory output had been forecast to expand 4%, according to economists surveyed

Published 12 Jun, 2026 11:20am

Markets

Kse-100 sheds over 1,500 points in early trade

Hovers at 171,278.96

Published 12 Jun, 2026 11:18am

World

China warns of risk of 'extreme floods' in desert regions

While the Taklamakan has experienced similar floods since 2021, they typically occur in August, when temperatures peak

Published 12 Jun, 2026 11:17am

Markets

China's yuan strengthens on growing prospects of US-Iran peace deal

The onshore yuan was 0.09% higher at 6.7656 to the dollar

Published 12 Jun, 2026 10:49am

Markets

TSMC boss frets about shortages of talent, water in Taiwan

'In that case, in the future I will no longer need to say that land, water or electricity may be in short supply,' Wei said.

Published 12 Jun, 2026 10:46am

Markets

ECB keeping its options open for July, Nagel says

'The Governing Council will be gathering for its next monetary policy meeting in July,' Nagel said in a statement

Published 12 Jun, 2026 10:43am

Markets

Shanghai composite stock index set for first weekly gain in a month on Gulf ceasefire optimism

Hong Kong benchmark Hang Seng rose 2%

Published 12 Jun, 2026 10:36am

Sports

"The sky's the limit," says Mexico's Lira after win in World Cup opener

It was their first victory in the tournament’s opening match after seven previous failures

Published 12 Jun, 2026 10:30am

Sports

Mexico get World Cup party started with win as South Africa see red

South Africa were clinging on for dear life as the first half came to a close and the second began in a similar vein

Published 12 Jun, 2026 10:28am

Sports

Hwang and Oh strike as South Korea fight back to sink Czech Republic

The Koreans joined Mexico on three points at the top of the standings after the co-hosts defeated nine-man South Africa 2-0 in the tournament opener

Published 12 Jun, 2026 10:22am

Perspectives

Pakistan's AI moment: Rs9bn prescription for a structural problem

Pakistan’s IT exports are growing fast, with $3.39 billion in the first nine months of FY 2025–26, a 23.7%...

Published 12 Jun, 2026 10:10am

Pakistan

Pakistan to announce FY2026-27 budget today

The budget will be streamed live on Business Recorder

Published 12 Jun, 2026 08:42am

Pakistan

Speaker suspends PTI MNA’s membership

ISLAMABAD: In a dramatic escalation inside the National Assembly, Speaker Ayaz Sadiq on Thursday suspended Pakistan...

Published 12 Jun, 2026 08:11am

Pakistan

PTI terms Economic Survey politically motivated document

ISLAMABAD: The opposition Pakistan Tehreek-e-Insaf (PTI) on Thursday rejected the government’s recently released...

Published 12 Jun, 2026 08:09am

Pakistan

PPP rejects proposal for federal control of Karachi

KARACHI: Pakistan People’s Party (PPP) leaders, constitutional experts and senior journalists on Thursday warned...

Published 12 Jun, 2026 08:06am

Pakistan

IK medical treatment: Opposition threatens protest during budget session

ISLAMABAD: As the government gears up to unveil its 2026-27 budget today (Friday), Pakistan Tehreek-e-Insaf...

Published 12 Jun, 2026 08:04am

Pakistan

KP govt secures major victory for provincial rights at NEC: minister

PESHAWAR: Khyber Pakhtunkhwa Minister for Information and Public Relations Shafi Jan has said that the provincial...

Published 12 Jun, 2026 08:01am

Pakistan

Right of defence restored: IK gets SC relief in PM defamation case

ISLAMABAD: The Supreme Court has restored the right of defence of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan...

Published 12 Jun, 2026 07:59am

World

Thai king's eldest daughter dies, aged 47, after long illness, Royal Palace says

Bajrakitiyabha, popularly known as Princess Pa, was born on December 7, 1978, to the then Crown Prince Vajiralongkorn and his first wife, Princess Soamsawali

Published 12 Jun, 2026 07:58am

Pakistan

Economic Survey: Health and nutrition sectors post strong progress

ISLAMABAD: Pakistan’s health and nutrition sectors have recorded significant progress during recent years, supported...

Published 12 Jun, 2026 07:58am

Pakistan

Full court meeting reviews FCC’s first six months performance

ISLAMABAD: A Full Court meeting of the Federal Constitutional Court (FCC) undertook a comprehensive review of the...

Published 12 Jun, 2026 07:57am

Pakistan

First Hangor-Class submarine arrives in Karachi

KARACHI: Pakistan Navy’s first Hangor-class submarine, PNS/M Hangor, arrived in Karachi on Wednesday, marking a...

Published 12 Jun, 2026 07:55am

Markets

Rupee set to jump after oil sinks on Iran-US breakthrough hopes

The Indian rupee is expected to open in the 95.25 to 95.30 range to the dollar, per traders, after settling at 95.76 on Thursday

Published 12 Jun, 2026 07:52am

Pakistan

PSO MD extends Hajj greetings to SAPM Fahd

ISLAMABAD: MD Pakistan State Oil (PSO) Jawwad Cheema called on Minister of State/Special Assistant to the Prime...

Published 12 Jun, 2026 07:43am

Pakistan

PM, CDF attend funeral of MI-17 helicopter crash martyrs

RAWALPINDI: Namaz Janaza for Shuhada, who embraced Shahadat yesterday in tragic MI-17 helicopter crash in...

Published 12 Jun, 2026 07:42am

World

Two killed, 10 injured in Ukraine attack on Russia's border Bryansk region, governor says

Three more people were injured in ⁠a drone attack in Ukraine's southern city of Mykolaiv, local authorities said ⁠on Telegram

Published 12 Jun, 2026 07:40am

Markets

Stocks extend rally on Gulf breakthrough hopes, oil near two-month lows

All eyes are on the ‌hotly-awaited market debut of Elon Musk's SpaceX, which has made history with the biggest-ever initial public offering

Published 12 Jun, 2026 07:37am

Pakistan

Dar talks to FMs of Türkiye & Egypt on ME situation

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Mohammad Ishaq Dar held separate telephone...

Published 12 Jun, 2026 07:34am

Business & Finance

Leghari invites Spanish companies to invest in power sector

ISLAMABAD: Federal Minister for Energy (Power Division) Sardar Awais Ahmad Khan Leghari on Thursday invited Spanish...

Published 12 Jun, 2026 07:33am

Markets

Indian shares set to open higher on weaker oil amid Mideast hopes

GIFT Nifty futures were trading at 23,483

Published 12 Jun, 2026 07:32am

Business & Finance

PRA’s collects over Rs33.7bn in May

LAHORE: The Punjab Revenue Authority has collected more than Rs33.7 billion in tax revenue during May 2026,...

Published 12 Jun, 2026 07:31am

Markets

Dollar steadies on ceasefire prospects, PPI eases pressure on Fed

The British pound was flat at $1.3414

Updated 12 Jun, 2026 10:11am

Markets

Vessel carrying 73,000 MT of crude oil to arrive at KPT

KARACHI: A vessel, P Aliki, carrying 73,000 metric tons of crude oil, is set to arrive at Karachi Port Trust (KPT)...

Published 12 Jun, 2026 07:28am

Pakistan

Pakistan Railways: PM approves strategic roadmap for reforms

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday outlined an ambitious push to overhaul underperforming Pakistan...

Published 12 Jun, 2026 07:23am

Markets

Gold set for weekly loss on inflation, rate hike fears

Spot gold was down 0.3% at $4,200.82 ‌per ounce

Updated 12 Jun, 2026 10:12am

Business & Finance

Marine bunkering: FBR to regulate customs processes at ports

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to regulate the customs processes for marine bunkering in...

Published 12 Jun, 2026 07:21am

Sports

‘ICC Women’s T20 World Cup’ with India on 14th

LAHORE: Pakistan will open their ICC Women’s T20 World Cup 2026 campaign against arch-rivals India on Sunday, 14...

Published 12 Jun, 2026 07:18am

Markets

Oil extends losses as Trump calls off planned strikes on Iran

Brent futures fell $1.21 or 1.3% to $89.17 a barrel

Updated 12 Jun, 2026 10:10am

Pakistan

World Bank underscores importance of skills, workforce development

LAHORE: Mamta Murthi, Vice President of the World Bank Group’s People Vice Presidency, has underscored the...

Published 12 Jun, 2026 07:14am

Pakistan

NA passes bills related to PIA privatisation, telecom sector

ISLAMABAD: The National Assembly on Thursday passed two bills, which are going to pave the way for the repeal of the...

Published 12 Jun, 2026 07:12am

Pakistan

PM told: ‘Apna Ghar’ scheme disbursed Rs11bn so far

ISLAMABAD: Prime Minister Shehbaz Sharif was told on Thursday that the government’s flagship “Apna Ghar” housing...

Published 12 Jun, 2026 07:07am

Pakistan

Pakistan remains on frontline of global climate crisis in FY2026

ISLAMABAD: Pakistan remained on the frontline of the global climate crisis in FY2026 as the 2025 floods alone caused...

Published 12 Jun, 2026 07:04am

Business & Finance

Agri sector misses 4.5pc growth target

ISLAMABAD: Pakistan’s agriculture sector has missed the growth target of 4.5 percent set for the outgoing financial...

Published 12 Jun, 2026 06:59am

Pakistan

Blocking water will have serious repercussions: FO

ISLAMABAD: The Foreign Office (FO) on Thursday warned that any deliberate attempt to block water essential for...

Published 12 Jun, 2026 06:57am

Markets

‘29.7pc drop in LNG import volumes delays decisions on new terminals’

ISLAMABAD: A 29.7 percent drop in LNG import volumes has prompted prospective investors to delay decisions on...

Published 12 Jun, 2026 06:51am

Pakistan

SJC decides to amend judges’ code of conduct

ISLAMABAD: The Supreme Judicial Council (SJC) decided to make certain amendments in the Code of Conduct for Judges,...

Published 12 Jun, 2026 06:49am

World

Trump claims ‘great’ deal with Iran

WASHINGTON: US President Donald Trump on Thursday announced a “great settlement” with Iran to end the Middle East...

Published 12 Jun, 2026 06:38am

Business & Finance

Public debt totals Rs83.285trn by March-end

ISLAMABAD: Pakistan’s total public debt amounted to Rs 83,285 billion by the end of March 2026, registering an...

Published 12 Jun, 2026 06:34am

Business & Finance

Net exports remain negative

ISLAMABAD: The Economic Survey 2025-26 has revealed that Pakistan’s net exports remained negative, underscoring the...

Published 12 Jun, 2026 06:32am

Business & Finance

Banking sector shows steady performance

KARACHI: The banking sector of Pakistan has demonstrated steady performance with key financial soundness indicators...

Published 12 Jun, 2026 06:30am

Pakistan

The Weather

KARACHI: The weather report on Thursday (June 11, 2026) and the forecast for Friday (June 12 2026)...

Published 12 Jun, 2026 06:08am

Editorials

Jul-Mar: growth poor, but still not too bad?

EDITORIAL: The 3.7 percent growth for 2025-26 in the Economic Survey, limited to nine months of data (July-March),...

Published 12 Jun, 2026 06:08am

Editorials

Breaking the cycle of acid attacks

EDITORIAL: The horrific acid attack on a young female doctor at a government hospital in Quetta has once again...

Published 12 Jun, 2026 06:08am

BR Research

Cherat Packaging Limited

Cherat Packaging Limited (PSX: CPPL) was incorporated as a public limited company in 1989. The company is engaged in...

Updated 12 Jun, 2026 08:20am

Business & Finance

LCCI holds panel discussion on digital technology

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) organized a panel discussion titled “Digital Technologies...

Published 12 Jun, 2026 06:08am

Pakistan

‘Chief Minister Athletes Card’ being launched

LAHORE: ‘Chief Minister’s Athletes Card’ is being launched in Punjab, to provide financial assistance to highly...

Published 12 Jun, 2026 06:08am

Pakistan

CM Punjab orders heatwave relief measures

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has ordered the provision of cold drinking water for the public...

Published 12 Jun, 2026 06:08am

Pakistan

LHC rejects PCB’s decision, restores president ICA

LAHORE: The Lahore High Court has declared the decision of Pakistan Cricket Board (PCB) as illegal and restored the...

Published 12 Jun, 2026 06:08am

Pakistan

Economic Survey 2025-26: Increasing demand, evolving climatic exerting significant pressure on water resources

ISLAMABAD: The Economic Survey 2025-26 has warned that increasing demand, coupled with evolving climatic and...

Published 12 Jun, 2026 06:08am

Pakistan

BISP budget data marred by inconsistencies

ISLAMABAD: The Benazir Income Support Programme (BISP) remained the country’s flagship social protection programme...

Published 12 Jun, 2026 06:08am

Pakistan

Turkish Land Forces Commander, CDF discuss regional security

ISLAMABAD: Commander of Turkish Land Forces General Metin Tokel called on Field Marshal Syed Asim Munir at General...

Published 12 Jun, 2026 06:08am

Business & Finance

Manufacturing sector: ‘Attacks have increased in multiple regions’

ISLAMABAD: A global cyber security company disclosed Thursday that the attacks on the manufacturing sector during...

Published 12 Jun, 2026 06:08am

Pakistan

UN expert pushes Pakistan for including albinism in policymaking

ISLAMABAD: The UN independent expert on the human rights of persons with albinism, Muluka-Anne Miti-Drummond,...

Published 12 Jun, 2026 06:08am

BR Research

Manufacturing’s uneven rebound

Pakistan’s manufacturing sector is seen moving again - The Pakistan Economic Survey 2025-26 shows manufacturing...

Updated 12 Jun, 2026 07:45am

BR Research

Autos: The end of an era begins with a test

Pakistan’s automobile industry is ending FY26 with momentum on its side just as policymakers prepare to rewrite the...

Updated 12 Jun, 2026 08:01am

Pakistan

PPP, PML-N discuss formation of govt in G-B

GILGIT: A major breakthrough has emerged in the political situation of Gilgit-Baltistan as an important consultative...

Published 12 Jun, 2026 06:08am

Business & Finance

IT exports fetch USD3.38bn in July-March

ISLAMABAD: Pakistan’s IT sector emerged as a key source of foreign exchange in FY2026, with ICT export remittances...

Published 12 Jun, 2026 06:08am

Markets

Oil prices settle lower

NEW YORK: Oil prices settled lower on Thursday after US President Donald Trump cancelled plans to strike Iran within...

Published 12 Jun, 2026 06:08am

LSM sector grows 6.5%

ISLAMABAD: The manufacturing sector registered a strong recovery during 2025-26, as the Large Scale Manufacturing...

Updated 12 Jun, 2026 09:14am

Global uncertainty, oil volatility to drive inflation in Pakistan

ISLAMABAD: The ongoing global situation and volatility in oil prices are likely to influence inflation in Pakistan,...

Updated 12 Jun, 2026 09:13am

Tax relief costs govt over Rs2trn

ISLAMABAD: Total tax exemptions, concessions/reduced rates, zero-rating and special tax treatments to various...

Updated 12 Jun, 2026 09:15am

Jul-Mar power consumption grows 3.8%

ISLAMABAD: The country’s overall electricity consumption has posted a growth of 3.8 per cent during the first nine...

Updated 12 Jun, 2026 07:51am

World

Mexico opens World Cup with passion, parties and protests

MEXICO CITY: Mexico City opened the World Cup on Thursday at the famous Azteca stadium with a ceremony celebrating...

Published 12 Jun, 2026 06:08am

Business & Finance

World Bank lowers global growth forecast on Iran war impacts

WASHINGTON: The World Bank on Thursday cut its global growth forecast for 2026 to 2.5 percent due to the war in the...

Published 12 Jun, 2026 06:08am

Buying, selling of immovable properties: WHT rates to be decreased from July 1

ISLAMABAD: Finance Bill 2026 will announce massive decrease in withholding tax rates on buying and selling of...

Published 12 Jun, 2026 06:08am

Business community says Economic Survey encouraging

KARACHI: The business community has termed the statistics of the Economic Survey 2025-26 as broadly encouraging,...

Published 12 Jun, 2026 06:08am

PSX records $59.23bn market capitalisation

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) outperformed the major world stock market...

Updated 12 Jun, 2026 07:49am

Pakistan

Transport & communications: Rs333bn earmarked for various projects

ISLAMABAD: An allocation of PKR 333 billion has been earmarked for the implementation of various projects in the...

Published 12 Jun, 2026 06:08am

Markets

Uniform UoSC plan: Power regulator questions cross-subsidy component

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday raised serious questions over the...

Published 12 Jun, 2026 06:08am

FY26 growth target missed on 2025 floods, ME conflict, Trump tariffs

ISLAMABAD: Growth target of 4.2 percent set for the outgoing fiscal year 2025-26 has been missed by 0.5 percent and...

Updated 12 Jun, 2026 09:12am

World

Iran says no final decision made on deal that Trump hopes could be signed soon

The deal, if confirmed, would be the most significant diplomatic breakthrough yet

Updated 12 Jun, 2026 07:46am

Markets

Musk's SpaceX prices record $75 billion IPO at $135 a share

SpaceX IPO immediately makes it one of the most valuable US companies

Published 12 Jun, 2026 01:11am

Business & Finance

Pharma sector seeks bigger share of dollar earnings, eyes $2bn annual exports

Pharmaceutical companies are allowed to retain 15% of their export

Published 12 Jun, 2026 12:19am

Markets

Pakistan car sales jump 48% in July–May FY26

Car sales in Pakistan surged 48% in the first eleven months of FY2025-26, with industry experts attributing the...

Published 11 Jun, 2026 11:58pm

World

Trump cancels strikes against Iran planned for Thursday evening

Development comes after US president threatened ‌more bombings and desired to “take” oil export hub Kharg Island

Published 11 Jun, 2026 11:00pm

Pakistan

Turkish land forces commander calls on Pakistan military leadership

Commander of the Turkish Land Forces, General Metin Tokel, called on Pakistan’s military leadership during an...

Published 11 Jun, 2026 09:11pm

Markets

Most Gulf markets dip amid fresh escalation in Middle East conflict

Saudi Arabia’s benchmark index reversed early losses to finish 0.3% higher

Published 11 Jun, 2026 08:08pm

Business & Finance

SBP-held forex reserves rise by $25mn to $17.22bn

Country's total foreign exchange reserves stand at $22.67 billion

Updated 11 Jun, 2026 08:45pm

Sports

Somali referee banned by US to officiate UEFA Super Cup

'Omar Artan is an excellent young but already experienced referee, who has proven himself at the highest competition level,' says Ceferin

Published 11 Jun, 2026 08:01pm

Business & Finance

Economic Survey: Pakistan’s unemployment rose to 7.1%

Pakistan’s unemployment rate rose to 7.1% in 2024-25, up from 6.3% a year earlier, even as the country’s economy...

Published 11 Jun, 2026 08:00pm

Sports

Bangladesh stun Australia to claim maiden ODI series win

Australia are without captain Mitchell Marsh, who is ruled out due to injury

Published 11 Jun, 2026 07:51pm

World

Bangladesh unveils $77 billion budget, eyes 6.5% growth

'The government aims to reduce inflation to 7.5% and raise GDP growth to 6.5% in the upcoming fiscal year,' Chowdhury says

Published 11 Jun, 2026 07:42pm

Pakistan

PM Shehbaz directs faster processing of Apna Ghar Scheme applications

Says scheme is accelerating home ownership and stimulating economic development nationwide

Published 11 Jun, 2026 07:11pm

Editorials

Jul-Mar: growth poor, but still not too bad?

EDITORIAL: The 3.7 percent growth for 2025-26 in the Economic Survey, limited to nine months of data (July-March),...

Published 12 Jun, 2026 06:08am

Editorials

Breaking the cycle of acid attacks

EDITORIAL: The horrific acid attack on a young female doctor at a government hospital in Quetta has once again...

Published 12 Jun, 2026 06:08am

Editorials

The high cost of easy revenues

EDITORIAL: Pakistan is simultaneously running tight fiscal and monetary policies through primary fiscal surpluses...

Published 11 Jun, 2026 05:06am

Editorials

Budget: getting close to plugging the gap

EDITORIAL: Credible though still unconfirmed reports suggest that the two major coalition partners - the Pakistan...

Updated 11 Jun, 2026 06:52am

Editorials

Budget delayed, budget denied?

EDITORIAL: While technically there is no delay in the presentation of the budget to parliament, with 16 June the...

Published 10 Jun, 2026 05:53am

Editorials

A fragile truce

EDITORIAL: The uneasy calm that followed the Iran-US truce agreed in April, and included a halt to hostilities in...

Published 10 Jun, 2026 05:53am

Editorials

Taxing traders: a political test

EDITORIAL: The announcement last week of the Fixed Tax Asaan Scheme for small traders and shopkeepers is the latest...

Published 09 Jun, 2026 04:58am

Editorials

A long-overdue harvest of common sense

EDITORIAL: Pakistan’s decision to adopt a National Agricultural Biotechnology Policy comes after years of declining...

Published 09 Jun, 2026 04:58am

Editorials

Budget 26-27: Stabilisation fatigue is now setting in

EDITORIAL: Balancing the budget is becoming increasingly difficult. Despite imposing exorbitant taxes on the formal...

Updated 08 Jun, 2026 08:02am

Editorials

CPEC outcome

EDITORIAL: Federal Minister for Power, Sardar Awais Khan Leghari, during a press conference on Sunday, acknowledged...

Published 08 Jun, 2026 02:29am

Editorials

The death of white gold

EDITORIAL: Punjab’s cotton acreage has fallen to its lowest level in nearly six decades, while national production...

Published 07 Jun, 2026 05:11am

Editorials

The organ trade scandal

EDITORIAL: The revelations emerging from the Supreme Court regarding illegal organ transplantation in Punjab expose...

Published 07 Jun, 2026 05:11am

Editorials

Worrisome export fall

EDITORIAL: When the Uraan Pakistan initiative was launched at the tail end of 2024, it envisioned transforming the...

Updated 06 Jun, 2026 06:57am

Editorials

Pakistan’s investment climate: confidence in short supply

EDITORIAL: Pakistan’s investment climate was already struggling long before the latest Business Confidence Index...

Updated 06 Jun, 2026 12:09pm

Editorials

Widening trade deficit

EDITORIAL: Trade deficit July-May 2026 widened to negative 34.758 billion dollars against negative 29.585 billion...

Published 05 Jun, 2026 05:48am

Editorials

Terrorism’s dangerous momentum

EDITORIAL: Pakistan recorded 128 terrorist attacks in May, up 27 percent from April, while civilian deaths rose by...

Published 05 Jun, 2026 05:48am

Editorials

A disturbing tally

EDITORIAL: The disclosure before the Lahore High Court, during the recent hearing of a petition seeking the recovery...

Published 05 Jun, 2026 05:48am

Editorials

Budget postponement raises multiple questions

EDITORIAL: In a press release dated 29 May President Asif Ali Zardari summoned the budget session of the National...

Updated 04 Jun, 2026 12:56pm

Editorials

The cost of impunity

EDITORIAL: The latest escalation of Israeli military operations in southern Lebanon, despite a US-brokered ceasefire...

Updated 04 Jun, 2026 06:48am

Editorials

The plight of PSDP

EDITORIAL: The allocation for next year’s Public Sector Development Programme (PSDP), a prime mover of the country’s...

Published 03 Jun, 2026 02:34am

Editorials

Water cannot be weaponised

EDITORIAL: India’s attempt to weaken the sanctity of the Indus Waters Treaty has elevated a long-standing bilateral...

Published 03 Jun, 2026 02:34am

Editorials

When taxes punish formal businesses

EDITORIAL: While the minister of state for finance has assured a traders’ delegation during recently held...

Updated 02 Jun, 2026 05:37am

Editorials

Defined Contributory Pension

EDITORIAL: Reports suggest that the government intends to implement the Defined Contributory Pension (DCP) in the...

Updated 02 Jun, 2026 05:41am

Editorials

Undoing NFC Award’s population bias

EDITORIAL: A rare political consensus is emerging around one of Pakistan’s most sensitive fiscal questions: whether...

Updated 01 Jun, 2026 05:40am

Editorials

The pope’s AI’s warning

EDITORIAL: Pope Leo XIV’s first encyclical “Magnificent Humanity” arrives as a timely moral reckoning with the...

Updated 01 Jun, 2026 05:45am

Editorials

A very harsh annual budget in the offing?

EDITORIAL: The International Monetary Fund (IMF) concluded its mission to Pakistan (13 to 20 May) and in a press...

Published 31 May, 2026 02:34am

Editorials

Bracing for Super El Nino

EDITORIAL: From record-breaking heat waves and destructive floods to prolonged droughts and crop failures, Pakistan...

Published 31 May, 2026 02:34am

Editorials

The cost of mismanagement

EDITORIAL: Pakistan’s mega dam projects are once again becoming case studies in the same institutional failures that...

Updated 30 May, 2026 06:09am

Editorials

An impossible bargain

EDITORIAL: US President Donald Trump’s latest attempt to tie the normalisation of relations between Muslim-majority...

Updated 30 May, 2026 07:33am

Editorials

Slow death of a city of teeming millions

EDITORIAL: Karachi’s collapse into one of the world’s least liveable cities is no longer merely an urban planning...

Published 27 May, 2026 03:13am

Editorials

Arrogance of impunity

EDITORIAL: The shocking treatment of international humanitarian activists intercepted aboard the Gaza-bound flotilla...

Updated 27 May, 2026 04:19am

Editorials

Oil smuggling: a dangerous parallel market

EDITORIAL: The surge in Iranian oil smuggling into Pakistan during the ongoing Middle East conflict has exposed...

Updated 26 May, 2026 07:27am

Editorials

Quetta bombing: terrorism continues to pose a grave threat

EDITORIAL: The horrific suicide bombing near the Chaman railway crossing in Quetta on Sunday is yet another grim...

Updated 26 May, 2026 07:30am

Editorials

A new policy for the automobile sector

EDITORIAL: The government is coming up with the Automobile and Auto Parts Manufacturing Policy 2026–31. The New...

Updated 25 May, 2026 07:02am

Editorials

Tax collection: a system designed to fail

EDITORIAL: Clearly, Pakistan’s repeated failure to meet tax collection targets is not merely a fiscal problem; it...

Updated 25 May, 2026 08:03am

Editorials

Law, deterrence and mental health

EDITORIAL: The Federal Shariat Court’s decision to restore Section 325 of the Pakistan Penal Code reflects an...

Published 24 May, 2026 02:23am

Editorials

Relentless terror in KP

EDITORIAL: The renewed wave of terrorism in Khyber Pakhtunkhwa (KP) is a grim reminder that Pakistan’s security...

Published 24 May, 2026 02:23am

Editorials

Rebound in textile exports

EDITORIAL: Federal Bureau of Statistics (PBS) released provisional data that showed textile exports rebounding in...

Updated 23 May, 2026 06:26am

Editorials

A welcome award on Indus waters

EDITORIAL: Pakistan has expressed “utmost satisfaction” over the supplemental award by the Permanent Court of...

Published 23 May, 2026 05:43am

Editorials

Balochistan’s minerals sector gets security boost

EDITORIAL: Prime Minister Shehbaz Sharif’s recent directive to deploy the Frontier Corps across Balochistan’s...

Published 22 May, 2026 06:05am

Editorials

Licensed cruelty

EDITORIAL: Senator Sherry Rehman has performed an important public service by exposing the grim reality hidden...

Published 22 May, 2026 06:05am

Editorials

Push for boosting provincial resources

EDITORIAL: The federal government has urged the provincial governments to increase own-resources and emphasised the...

Published 21 May, 2026 05:01am

Editorials

NAB reform now imperative

EDITORIAL: Among the many findings and recommendations put forward by the IMF’s Governance and Corruption Diagnostic...

Updated 21 May, 2026 05:43am

Editorials

A step forward, but on paper

EDITORIAL: The passage of the Domestic Workers Welfare Bill, 2025, by the Sindh Assembly, is undoubtedly a welcome...

Updated 21 May, 2026 05:42am

Editorials

China’s consent to revise IPP deals

EDITORIAL: The Pakistan government is making efforts to persuade the Chinese Independent Power Producers (IPPs),...

Published 20 May, 2026 02:34am

Editorials

The end of the unipolar moment

EDITORIAL: Donald Trump arrived in Beijing seeking strategic relief and left with little more than carefully staged...

Published 20 May, 2026 02:34am

Editorials

Gulf dependence clouds remittance outlook

EDITORIAL: The latest figures released by the State Bank of Pakistan present a mixed picture of the country’s...

Updated 19 May, 2026 06:24am

Editorials

Generating electricity from waste: better late than never

EDITORIAL: Prime Minister Shehbaz Sharif’s directive to prepare a roadmap for generating electricity from solid...

Updated 19 May, 2026 12:57pm

Editorials

Privilege in custody

EDITORIAL: The recent controversy surrounding the arrest of an alleged drug dealer, Pinky, in Karachi has once again...

Updated 19 May, 2026 06:22am

Editorials

If wishes were horses...

Pakistan's textile exporters face a "recipe for disaster" as abrupt withdrawal of government support, high costs, and a sticky exchange rate cripple their competitiveness.

Updated 18 May, 2026 07:01am

Currency	Rate
USD PKR Interbank Selling / Jun 11	278.55
USD PKR Interbank Buying / Jun 11	278.35
USD to Japanese Yen / Jun 12	160.25
USD to Swiss Franc / Jun 12	0.80
Pound Sterling to USD / Jun 12	1.34
Euro to USD / Jun 12	1.16
SOFR % / Jun 11	3.63

Stock	Volume
S&P 500 / Jun 11	7,394.30
Nasdaq / Jun 11	25,809.66
FTSE 100 / Jun 11	10,303.88
Dow Jones / Jun 11	50,848.75
Germany DAX 30 / Jun 11	24,209.71
France CAC40 / Jun 11	8,200.80
India Sensex / Jun 12	74,528.22
Tokyo Nikkei / Jun 12	66,442.95
Hang Seng / Jun 12	24,663.39

Item	Value
Gold 10 Grams PKR / Jun 11	369,422
Petrol/Litre / Jun 12	377.78
Crude Oil USD/Barrel / Jun 12	86.01
Gold Spot USD/Ounce / Jun 12	4,185.86
Diesel/Litre / Jun 12	380.78
Cotton US¢/pound / Jun 12	76.89

Stock	Price
Zephyr Textile / Jun 12 Zephyr Textiles Limited(ZTL)	20.45 ▲ 1.86 (10.01%)
Elahi Cotton / Jun 12 Elahi Cotton Mills Limited(ELCM)	285.76 ▲ 25.98 (10%)
National Silk / Jun 12 The National Silk & Rayon Mills Limited(NSRM)	161.26 ▲ 14.66 (10%)
Pak. P.V.C. / Jun 12 Pakistan PVC Limited(PPVC)	28.59 ▲ 2.6 (10%)
Tandlianwala Sugar / Jun 12 Tandlianwala Sugar Mills Limited(TSML)	564.34 ▲ 51.3 (10%)
Fateh Sports / Jun 12 Fateh Sports Wear Limited(FSWL)	88.32 ▲ 8.03 (10%)
First Fid. Leasing / Jun 12 First Fidelity Leasing Modaraba(FFLM)	12.91 ▲ 1.17 (9.97%)
AN Textile Mills / Jun 12 AN Textile Mills Limited(ANTM)	37 ▲ 3.35 (9.96%)
Nets Internat.Comm. / Jun 12 Nets International Communication Limited(GEMNETS)	30.50 ▲ 2.6 (9.32%)
SPEL Ltd / Jun 12 SPEL Limited(SPEL)	49.20 ▲ 3.8 (8.37%)

Stock	Price
Idrees Tex. / Jun 12 Idrees Textile Mills Limited(IDRT)	50.10 ▼ -5.57 (-10.01%)
Kohat Textile / Jun 12 Kohat Textile Mills Limited(KOHTM)	121.46 ▼ -13.49 (-10%)
Aisha Steel (CPS) / Jun 12 Aisha Steel Mills Limited (CPS)(ASLCPS)	63 ▼ -7 (-10%)
Unilever Foods / Jun 12 Unilever Pakistan Foods Limited(UPFL)	23,702 ▼ -2098 (-8.13%)
First IBL Mod. / Jun 12 First IBL Modaraba(FIBLM)	10.80 ▼ -0.79 (-6.82%)
JS Investments / Jun 12 JS Investments Limited(JSIL)	40 ▼ -2.75 (-6.43%)
GOC (Pak) / Jun 12 GOC (Pak) Limited.(GOC)	121 ▼ -7.6 (-5.91%)
Data Agro / Jun 12 Data Agro Limited(DAAG)	97.40 ▼ -6.07 (-5.87%)
Ruby Textile / Jun 12 Ruby Textile Mills Limited(RUBY)	16.16 ▼ -0.84 (-4.94%)
D.M. Corporation / Jun 12 D.M. Corporation Limited(DMC)	196.71 ▼ -9.82 (-4.75%)

Stock	Volume
Sitara Petroleum Service / Jun 12 Sitara Petroleum Service Limited(SPSL)	36,523,059 ▲ 1.4
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	22,941,831 ▼ -0.18
WorldCall Telecom / Jun 12 Worldcall Telecom Limited(WTL)	21,805,394 ▲ 0
Kohinoor Spinning / Jun 12 Kohinoor Spinning Mills Limited(KOSM)	18,130,376 ▲ 0.29
B.O.Punjab / Jun 12 The Bank of Punjab(BOP)	14,537,500 ▲ 0.8
F. Nat.Equities / Jun 12 First National Equities Limited(FNEL)	13,022,514 ▲ 0.01
Maple Leaf Cement / Jun 12 Maple Leaf Cement Factory Limited(MLCF)	11,213,649 ▲ 2.49
TPL Properties / Jun 12 TPL Properties Limited(TPLP)	9,670,654 ▲ 0.17
Itanz Technologies / Jun 12 Itanz Technologies Limited(ITANZ)	7,125,044 ▲ 0.49
Loads Limited / Jun 12 Loads Limited(LOADS)	6,788,310 ▲ 0.23

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