News Archives for Business & Finance - 2026-04-14

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Business & Finance - 2026-04-14

Companies

India’s TCS to probe sexual assault, religious conversion allegations in western India office

The probe, led by TCS's Chief Operating ⁠Officer Aarthi Subramanian, is underway to establish the facts and identify those responsible

Published 14 Apr, 2026 10:48pm

Business & Finance

PC advances DISCOs’ privatisation, approves Roosevelt Hotel adviser

PC Board approves proposed transaction structure, pre-qualification criteria, and restructuring plans for three DISCOs

Published 14 Apr, 2026 08:56pm

Markets

IMF cuts emerging economies’ growth estimate as war darkens outlook

The current hostilities in the Middle East pose immediate policy trade-offs: between fighting inflation and preserving growth

Published 14 Apr, 2026 08:31pm

Stocks

Wall St jumps on Mideast de-escalation hopes; earnings in focus

Dow Jones Industrial Average rose 227.05 points, or 0.47%, to 48,445.30

Published 14 Apr, 2026 08:13pm

Stocks

Most Gulf markets gain as traders gauge prospects for US-Iran deal

Dubai’s main share index advanced 0.9%
Saudi Arabia’s benchmark index added 0.5%

Published 14 Apr, 2026 08:08pm

Commodities

Copper hits six-week high on prospects for more US-Iran peace talks

Benchmark three-month copper on the London Metal Exchange rose 0.8% to $13,161 per metric ton

Published 14 Apr, 2026 05:50pm

Commodities

Palm falls to 5-week low on weakness in crude, rival edible oils

Dalian’s most-active soyoil contract fell 0.48%

Published 14 Apr, 2026 05:47pm

Companies

Iran war could hit India’s car production, auto body says

Uncertainties arising from the West Asia conflict, particularly prices of crude oil and commodities

Published 14 Apr, 2026 05:36pm

Technology

SECP grants license to Alibaba’s KOKO Tech Pakistan

The Securities and Exchange Commission of Pakistan (SECP) granted on Tuesday a license to y Alibaba Holdings’s KOKO...

Published 14 Apr, 2026 04:25pm

Exchange

Rupee gains ground against US dollar

Settles at 278.97 against greenback

Updated 14 Apr, 2026 09:19pm

Stocks

European shares gain on hopes of potential US-Iran peace talks

The pan-European index was up 0.6% at 617.58 points

Published 14 Apr, 2026 01:42pm

Stocks

Major Gulf markets climb as traders gauge prospects for US-Iran resolution

Major stock markets in the Gulf rose on Tuesday after the US said it was still engaging with Tehran in an effort to secure a deal

Published 14 Apr, 2026 01:37pm

Business & Finance

Govt eyes $10bn rice exports, assures support to exporters

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has urged rice exporters to set an ambitious...

Published 14 Apr, 2026 01:29pm

Energy

Russia’s oil and fuel export revenues rebound in March, IEA says

Russia's commodity revenues are a vital part of the state budget and are needed to support rising military spending

Published 14 Apr, 2026 01:09pm

Commodities

Gold price per tola gains Rs4,600 in Pakistan

10-gram gold sold at Rs428,636

Updated 14 Apr, 2026 06:05pm

Business & Finance

IFATCA lauds Pakistan’s air traffic controllers amid regional airspace challenges

The International Federation of Air Traffic Controllers’ Associations (IFATCA) has acknowledged the vital...

Published 14 Apr, 2026 01:08pm

Forex

South African rand firms as weaker dollar and softer oil ease pressure

The rand traded at 16.3625 against ⁠the dollar , about 0.4% up from its previous close

Published 14 Apr, 2026 12:59pm

Energy

China’s March crude oil imports unscathed by Iran war, gas imports hit a multi-year low

Imports in March were 49.98 million metric tons, or about 11.77 million barrels per day

Published 14 Apr, 2026 11:42am

Forex

Australian dollar slips as consumer and business confidence slump

The Aussie edged 0.2% lower to $0.7081, having rallied 0.4% overnight to as high as $0.71

Published 14 Apr, 2026 11:26am

Stocks

Australian shares advance on mining gains, Iran peace deal optimism persists

The S&P/ASX 200 index climbed 0.8% to 8,998.80

Published 14 Apr, 2026 11:25am

Stocks

Japan’s Nikkei rallies to six-week high as oil prices ease on Iran talks optimism

The benchmark Nikkei 225 Index jumped 2.53% to 57,932.07, the highest since March 2

Published 14 Apr, 2026 11:24am

Commodities

Palm drops over 1% on weaker crude, rival edible oils

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange slid 66 ringgit, or 1.45%, to 4,489 ringgit a metric ton

Published 14 Apr, 2026 11:01am

Markets

OpenAI’s $852 billion valuation faces investor scrutiny amid strategy shift, FT reports

OpenAI raised $122 billion in what would likely rank as the largest fundraising round in Silicon Valley history

Published 14 Apr, 2026 10:46am

Technology

Aurangzeb engages big tech, US officials in Washington

Finance Minister Muhammad Aurangzeb held a series of high-level meetings with global technology and financial...

Published 14 Apr, 2026 10:45am

Markets

China Evergrande founder pleads guilty to fraud in Shenzhen court, Xinhua reports

Evergrande Group's founder Hui Ka Yan pleaded guilty to charges including illegal absorption of public deposits and fundraising fraud in a court in Shenzhen

Published 14 Apr, 2026 10:44am

Stocks

China, Hong Kong stocks rise on hopes geopolitical tensions will ease

Hong Kong benchmark Hang Seng was up 0.4%

Published 14 Apr, 2026 10:42am

Commodities

Wheat futures rise as dry weather threatens US production

The most-active wheat contract on the Chicago Board of Trade (CBOT) Wv1 was up 0.3% at $5.84-1/4 a bushel

Published 14 Apr, 2026 10:39am

Commodities

China March soybean imports rise 15% y/y, lag expectations amid Brazil checks

Total imports stood at 4.02 million metric tons, up from 3.5 million a year earlier

Published 14 Apr, 2026 10:36am

Mutual Funds

JGB yields fall from multi-decade highs after strong 20-year auction

The benchmark 10-year JGB yield fell 3 basis points to 2.435%, easing from a 29-year high of 2.49% hit on Monday

Published 14 Apr, 2026 10:34am

Commodities

China March iron ore imports jump on higher shipments, better demand

China's iron ore imports in March jumped by 11.5% from the year before

Published 14 Apr, 2026 10:32am

Commodities

China’s copper imports down 14.2% in Q1, customs data shows

China's imports of unwrought copper and copper products declined 10.9% to 416,000 metric tons in March

Published 14 Apr, 2026 10:28am

Bullion Rate

Gold rises as lower oil prices ease inflation fears

Spot gold was up 0.6% at $4,768.19 per ounce

Published 14 Apr, 2026 10:22am

Forex

Yuan hits three-year high as dollar slips on hopes for US-Iran talks

The onshore yuan strengthened to 6.8182 per dollar, its firmest point since March 23, 2023

Published 14 Apr, 2026 10:12am

Business & Finance

Aurangzeb meets Saudi Fund Chief Al-Marshad, US Trade Representative Greer

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held separate meetings with the Chief Executive...

Published 14 Apr, 2026 10:10am

Stocks

KSE-100 gains over 3% on US–Iran deal hopes

Benchmark index settles at 165,634.84

Updated 14 Apr, 2026 06:03pm

Stocks

Service Long March Tyres plans $28mn IPO at PSX

Service Industries Limited has announced that its subsidiary, Service Long March Tyres (Private) Limited (SLM),...

Published 14 Apr, 2026 09:36am

Business & Finance

Aurangzeb meets IMF’s Jihad, reviews progress on reforms, revenue mobilisation

Both sides agree on the importance of maintaining macroeconomic stability as a foundation for sustainable and inclusive economic growth

Updated 14 Apr, 2026 09:34pm

Pakistan

Pakistan says all options on table for funding, weighs strategic fuel reserve

Pakistan will return a $3.5 billion loan to the UAE this ⁠month

Updated 14 Apr, 2026 09:33pm

Markets

Nissan to trim global car lineup, boost use of AI driving tech

*The company said in a statement its ambition was to reach annual sales of 1 million ⁠vehicles in both the United States and China by the 2030 financial year

Published 14 Apr, 2026 08:08am

Stocks

Stocks gain, oil and dollar retreat on hopes for US-Iran resolution

MSCI's broadest index of Asia-Pacific shares outside Japan was up 1% in early Asia trade

Published 14 Apr, 2026 08:01am

Forex

Dollar steady as US blocks Iranian ships, diplomacy presses on

The dollar's seven-day losing streak would be its first since December last year

Updated 14 Apr, 2026 11:43am

Energy

Oil prices drop on hope of more talks between US and Iran

Brent crude futures were down $3.93, or 3.96%, at $95.43 a barrel
U.S. WTI crude fell by $6.60, or 6.66%, to $92.48

Updated 14 Apr, 2026 11:01pm

Companies

GWM Pakistan rolls out CKD Assembly of SUV Tank 500

LAHORE: Great Wall Motor (GWM), in partnership with Sazgar Engineering Works Limited, has officially announced the...

Published 14 Apr, 2026 02:25am

Companies

Mobilink Bank partners with HBL Zarai Services to strengthen agri financing

ISLAMABAD: Pakistan’s leading digital microfinance bank, Mobilink Bank has signed a crucial partnership with HBL...

Published 14 Apr, 2026 02:25am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 24	278.07
USD PKR Interbank Buying / Jul 24	277.87
USD to Japanese Yen / Jul 24	163.83
USD to Swiss Franc / Jul 24	0.82
Pound Sterling to USD / Jul 24	1.33
Euro to USD / Jul 24	1.14
SOFR % / Jul 24	3.57

Stock	Volume
S&P 500 / Jul 24	7,411.98
India Sensex / Jul 24	76,059.77
Tokyo Nikkei / Jul 24	64,611.15
Nasdaq / Jul 24	24,975.82
Hang Seng / Jul 24	24,963.23
FTSE 100 / Jul 24	10,736.23
Dow Jones / Jul 24	51,947.25
Germany DAX 30 / Jul 24	25,099
France CAC40 / Jul 24	8,372.28

Item	Value
Crude Oil USD/Barrel / Jul 24	89.31
Karachi Cotton PKR/37.32 KG / Jul 24	18,680
Gold 10 Grams PKR / Jul 24	366,457
Gold Spot USD/Ounce / Jul 24	4,052.79
Cotton US¢/pound / Jul 24	79.98
Petrol/Litre / Jul 25	335.18
Diesel/Litre / Jul 25	383.46

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Jul 24 Media Times Limited(MDTL)	6.38 ▲ 1 (18.59%)
First Punjab Modaraba / Jul 24 First Punjab Modaraba(FPJM)	10.44 ▲ 0.97 (10.24%)
First Fid. Leasing / Jul 24 First Fidelity Leasing Modaraba(FFLM)	14.92 ▲ 1.36 (10.03%)
First IBL Mod. / Jul 24 First IBL Modaraba(FIBLM)	15.15 ▲ 1.38 (10.02%)
Metro Steel / Jul 24 Metropolitan Steel Corporation Limited(MSCL)	22.41 ▲ 2.04 (10.01%)
UDL International / Jul 24 UDL International Limited(UDLI)	21.77 ▲ 1.98 (10.01%)
Asia Ins. / Jul 24 Asia Insurance Company Limited(ASIC)	54.95 ▲ 5 (10.01%)
Olympia Mills / Jul 24 Olympia Mills Limited(OML)	173.26 ▲ 15.75 (10%)
Fateh Sports / Jul 24 Fateh Sports Wear Limited(FSWL)	172.68 ▲ 15.7 (10%)
Ashfaq Textile / Jul 24 Ashfaq Textile Mills Limited(ASHT)	31.49 ▲ 2.86 (9.99%)

Stock	Price
Khairpur Sug. / Jul 24 Khairpur Sugar Mills Limited(KPUS)	1,105.08 ▼ -122.79 (-10%)
Shadman Cotton / Jul 24 Shadman Cotton Mills Limited(SHCM)	52.81 ▼ -5.84 (-9.96%)
Shams Textile / Jul 24 Shams Textile Mills Limited(STML)	53.26 ▼ -5.88 (-9.94%)
Power Cem(Pref) / Jul 24 Power Cement (Pref)(POWERPS)	23.51 ▼ -2.54 (-9.75%)
Janana De Malucho / Jul 24 Janana De Malucho Textile Mills Limited(JDMT)	139.77 ▼ -14.79 (-9.57%)
East West Ins. / Jul 24 East West Insurance Company Limited(EWIC)	48.10 ▼ -4.36 (-8.31%)
Elahi Cotton / Jul 24 Elahi Cotton Mills Limited(ELCM)	208.50 ▼ -18.84 (-8.29%)
J.A.Textile / Jul 24 J.A. Textile Mills Limited(JATM)	32.13 ▼ -2.85 (-8.15%)
Suhail Jute / Jul 24 Suhail Jute Mills Limited(SUHJ)	201.90 ▼ -17.58 (-8.01%)
Lotte Chemical / Jul 24 Lotte Chemical Pakistan Limited(LOTCHEM)	26.81 ▼ -2.31 (-7.93%)

Stock	Volume
Cnergyico PK / Jul 24 Cnergyico PK Limited(CNERGY)	59,327,773 ▲ 0.19
Trust Sec.& Brok. / Jul 24 Trust Securities & Brokerage Limited(TSBL)	36,977,902 ▲ 0
Kohinoor Spinning / Jul 24 Kohinoor Spinning Mills Limited(KOSM)	32,626,744 ▲ 0.51
Pak Refinery / Jul 24 Pakistan Refinery Limited(PRL)	24,565,429 ▲ 0.6
WorldCall Telecom / Jul 24 Worldcall Telecom Limited(WTL)	21,618,473 ▲ 0.01
B.O.Punjab / Jul 24 The Bank of Punjab(BOP)	20,591,638 ▼ -0.34
TPL Properties / Jul 24 TPL Properties Limited(TPLP)	19,232,151 ▼ -0.25
K-Electric Ltd. / Jul 24 K-Electric Limited(KEL)	18,140,027 ▲ 0.08
Media Times Ltd / Jul 24 Media Times Limited(MDTL)	15,731,176 ▲ 1
Waves Home Appliances / Jul 24 Waves Home Appliances Limited(WAVESAPP)	13,338,005 ▲ 0.56

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