News Archives for Business & Finance - 2026-02-19

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Statistics

MNCs repatriate $1.68bn profit from Pakistan to headquarters in Jul-Jan FY26

Multinational companies send $118.9 million in January 2026

Published 19 Feb, 2026 09:38pm

Business & Finance

SBP-held reserves edge up to $16.2bn

Total liquid foreign exchange reserves rise to $21.3 billion

Published 19 Feb, 2026 08:54pm

Pakistan

Pakistan, US sign pact to redevelop New York’s Roosevelt Hotel

Objective remains to secure maximum value for property in alignment with govt's privatisation strategy, says Finance Division

Updated 19 Feb, 2026 08:36pm

Business & Finance

US trade deficit in goods widens to new record in 2025

US goods deficit stood at $1.24 trillion for all of last year, widening slightly from 2024's level

Published 19 Feb, 2026 07:18pm

Pakistan

ECC approves release of Rs19bn for PM’s Ramzan Relief Package 2026

Committee reaffirms govt commitment to extending timely, dignified support to deserving segments of society during Ramzan

Published 19 Feb, 2026 05:01pm

Energy

OGDCL successfully tests new development well in Sindh

Well was drilled up to a total depth of 2,100 meters

Published 19 Feb, 2026 03:30pm

Money & Banking

Faysal Bank’s profit clocks in at Rs22.5bn in 2025

Faysal Bank posted a consolidated profit after tax of Rs22.47 billion for the year ended December 31, 2025, nearly...

Published 19 Feb, 2026 02:58pm

Money & Banking

Nassir Salim to continue as HBL President & CEO

The Board of Directors of Habib Bank Limited (HBL), one of Pakistan’s largest commercial banks, has approved the...

Published 19 Feb, 2026 01:50pm

Financial

Gold price per tola gains Rs7,900 in Pakistan

10-gram gold sold at Rs449,212

Updated 19 Feb, 2026 05:04pm

Business & Finance

Yango Pakistan partners with NowPDP to empower drivers with disabilities

Yango Pakistan, part of the global tech company Yango Group, has partnered with NowPDP, a non-profit organization,...

Updated 19 Feb, 2026 01:09pm

Commodities

LME copper edges down on a stronger dollar

Benchmark copper on the LME edged 0.2% down to $12,879.50 a metric ton

Published 19 Feb, 2026 11:34am

Mutual Funds

Japan’s 20-year bonds take first super-long auction since election in stride

The 20-year Japanese government bond (JGB) yield fell marginally, down 0.5 basis point (bp) at 2.965%

Published 19 Feb, 2026 11:27am

Markets

IMF keeps China 2026 GDP forecast at 4.5% but warns of risks to growth

The International Monetary Fund maintained its economic growth forecast for China at 4.5% this year

Published 19 Feb, 2026 11:23am

Companies

Renault reports 15% drop in 2025 operating profit

The French automaker reported an operating profit of 3.6 billion euros ($4.24 billion)

Published 19 Feb, 2026 11:21am

Markets

Raw material bottlenecks threaten Pakistan’s carpet exports, warns PCMEA

Jam Kamal reaffirmed that promoting value-added exports such as hand-knotted carpets remains a key priority

Published 19 Feb, 2026 10:49am

Stocks

South Korean shares rise to record high on tech boost

The won weakened, while the benchmark bond yield fell

Published 19 Feb, 2026 10:46am

Commodities

Palm opens higher on stronger Chicago soyoil, weaker ringgit

The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange gained 29 ringgit, or 0.72%, to 4,045 ringgit

Published 19 Feb, 2026 10:42am

Commodities

Soybeans rise to near 3-month high on demand prospects; wheat, corn firm

Wheat and corn markets also gained ground

Published 19 Feb, 2026 10:40am

Forex

Australian dollar recovers on upbeat jobs data, kiwi nurses losses

The Aussie bounced 0.4% to $0.7068, recovering after a 0.6% decline overnight as the greenback rallied

Published 19 Feb, 2026 10:38am

Stocks

Banks, miners power Australian shares higher

The S&P/ASX 200 index rose 0.8%

Published 19 Feb, 2026 10:36am

Stocks

Japan’s Nikkei rises on tech rally and Takaichi’s spending plan

The Nikkei advanced 0.63% to 57,505.93

Published 19 Feb, 2026 10:35am

Markets

Airbus softens output goal amid Pratt & Whitney engine delays

The world’s largest planemaker now targets a narrowbody output rate of between 70 and 75 jets a month by the end of next year

Published 19 Feb, 2026 10:25am

Forex

Asian FX slips as Fed jitters, upcoming rate decisions keep investors wary

Trading volumes improved as most Asian markets reopened after the holidays, although China and Taiwan remained closed

Published 19 Feb, 2026 10:23am

Stocks

KSE-100 drops nearly 4% amid geopolitical uncertainty

Geopolitical tensions, rising international oil prices weighing heavily on market sentiments, says analyst

Updated 19 Feb, 2026 05:29pm

Bullion Rate

Gold dips as dollar firms ahead of inflation data

Spot gold fell 0.2% to $4,968.10 per ounce
Spot platinum edged 0.1% lower to $2,069.58 per ounce

Updated 19 Feb, 2026 12:23pm

Markets

Tata’s data centre business signs up OpenAI as customer

OpenAI will become the first customer of India's Tata Consultancy Services' data center business

Published 19 Feb, 2026 08:20am

Markets

Vietjet in $965 mln financing deal for purchase of 6 Boeing 737-8 aircraft

Vietjet said in a statement the agreement marked a significant step in its strategy to diversify its international funding sources

Published 19 Feb, 2026 08:17am

Stocks

India’s equity benchmarks log steepest drop in 2 weeks as US-Iran tensions weigh on sentiment

Nifty 50 fell 1.41% while BSE Sensex shed 1.48%

Updated 19 Feb, 2026 04:34pm

Stocks

Asia shares get tech lift as Iran, rate uncertainty loom over markets

South Korea's Kospi jumped about 3% to a record high

Published 19 Feb, 2026 07:54am

Forex

Dollar perks up as Fed appears in no rush to cut rates

The Aussie dollar held at $0.7045 after employment data showed the jobless rate stayed at multi-month lows of 4.1%

Published 19 Feb, 2026 07:50am

Energy

Oil prices rise 2% to six-month high on concern over potential US-Iran conflict

Brent futures were up $1.23, or 1.8%, to $71.58 a barrel

Updated 19 Feb, 2026 10:13pm

Agriculture and Allied

Mango sector urged to adopt IPM, climate-smart practices

LAHORE: Speakers at a seminar on “Mango Pet Management” observed that without modern production techniques,...