Latest - Business Recorder

Markets

South Korean shares log two-week closing high on US-Iran deal

The benchmark KOSPI closed up 180.62 points, or 2.11%, at 8,726.60, its highest closing level since June 2

Published 16 Jun, 2026 12:25pm

Markets

Thai baht/US dollar steady on Tuesday

The baht was 0.06% lower at 32.56 versus the dollar, after trading in a range of 32.540 to 32.595

Published 16 Jun, 2026 12:22pm

Markets

Select Technologies announces Rs2.5bn IPO to establish AC manufacturing facility in Pakistan

The proceeds will also support expansion of the company’s TV production line

Published 16 Jun, 2026 12:22pm

Markets

Australian shares end flat as RBA holds rates; clarity on war curbs risk appetite

The benchmark S&P/ASX 200 index ended 3.7 points higher at 8,917.70 points

Published 16 Jun, 2026 12:20pm

Sports

Tunisia replace coach Lamouchi with Renard after World Cup rout by Sweden

In a statement on social media on Tuesday, the TFT said Renard would take charge until the end of Tunisia's World Cup campaign

Published 16 Jun, 2026 12:18pm

World

Bangladesh protests India 'questioning' PM's adviser at Delhi airport

Government strategy adviser Zahed Ur Rahman was stopped upon arrival in New Delhi, where he had travelled to attend a conference

Published 16 Jun, 2026 11:54am

Markets

Japan's Nikkei hits record high, yen steady after BOJ hikes rates as expected

The broader Topix flipped from morning losses to edge up 0.2% at 4,007.36

Published 16 Jun, 2026 11:44am

Sports

Quality performance shows New Zealand belong at World Cup, coach says

The draw means all four teams in the group have one point after Belgium drew 1-1 with Egypt earlier on Monday

Published 16 Jun, 2026 11:42am

Markets

China Evergrande liquidators seek review of PwC HK's $128 million settlement, Bloomberg News reports

SFC's deal to compensate shareholders puts creditors at a disadvantage as the payout translates to less money left for liquidators to recover

Published 16 Jun, 2026 11:37am

Business & Finance

Govt to bear full cost of 100MW Gilgit-Baltistan solar project: PM Shehbaz

Directs that the pace of work on the project be accelerated

Published 16 Jun, 2026 11:24am

World

Drone debris causes fire at oil depot in Russia's Krasnodar region

Ukraine hit two bridges connecting the Russian-held part of Ukraine's Kherson region with Crimea

Published 16 Jun, 2026 11:21am

Markets

China stocks flat as tech rally runs into uneven economic data

The blue-chip CSI300 index was up 0.1%

Published 16 Jun, 2026 11:17am

World

Strait of Hormuz transit will take ‘weeks’ to resume, largest tanker operator tells FT

Mitsui O.S.K., one of Japan’s big three shipping firms has a fleet of more than 900 vessels, including bulk carriers, tankers and ferries

Published 16 Jun, 2026 11:12am

Sports

Iran draw with New Zealand in politically charged World Cup clash in LA

New Zealand took an early lead when Elijah Just volleyed home from inside the box after being set up by Chris Wood

Published 16 Jun, 2026 11:07am

Markets

Improved regional stability post US-Iran deal to spur investment, trade: Aurangzeb tells UK minister

Aurangzeb briefed on the government’s economic reform agenda and shared key priorities reflected in the Federal Budget 2026–27

Published 16 Jun, 2026 11:05am

Markets

Australian dollar dips, RBA delivers hawkish hold

The kiwi dollar was also down 0.3% at $0.5803

Published 16 Jun, 2026 11:01am

Markets

India bonds stuck in narrow range, all eyes on US-Iran details

The yield on the benchmark 6.94% 2036 note was at 6.8665%

Published 16 Jun, 2026 10:56am

Markets

Indian rupee inches up, Iran deal longevity worries and hedging drag

The Indian rupee rose 0.1% to 94.6175 against the US dollar

Published 16 Jun, 2026 10:54am

Markets

India blocks Telegram messaging app until June 22, government says

India has blocked the Telegram messaging app ⁠until June 22

Published 16 Jun, 2026 10:52am

World

China's Xi backs Myanmar's president as two leaders meet in Beijing

The meeting is Min Aung Hlaing’s second with Xi in less than a year

Published 16 Jun, 2026 10:48am

Markets

Pakistan eyes more global bond issues, sees budget upside from Iran deal

Islamabad may use commercial borrowing in fiscal year 2027 to change its creditor profile, says Aurangzeb

Published 16 Jun, 2026 10:26am

Markets

Stocks surge, KSE-100 up nearly 3,300 points

Benchmark index was hovering at 180,320.11

Updated 16 Jun, 2026 12:16pm

Pakistan

Tax to be abolished on female hygiene products

The new budget prioritizes women's health by eliminating taxes on sanitary pads and contraceptives

Published 16 Jun, 2026 09:28am

World

Nepal's foreign minister visits China after first calling on regional rival India

The ousting of a Communist Party-led coalition government in Beijing's backyard presents a conundrum to Chinese diplomats

Published 16 Jun, 2026 07:57am

Markets

Gold steady as investors await details of US-Iran peace deal

Spot gold was up 0.1% at $4,311.36 ‌per ounce

Updated 16 Jun, 2026 10:42am

Markets

Dollar sways near 10-day lows as attention turns to BOJ and RBA

The euro was at $1.159, just below the 10-day high of $1.1622 it touched on Monday

Updated 16 Jun, 2026 10:41am

Markets

Asia markets temper Iran deal optimism, BOJ decision in view

MSCI's broadest index of Asia-Pacific shares outside Japan erased gains ⁠to trade flat after an initial rally

Published 16 Jun, 2026 07:45am

Markets

Indian shares set to extend gains on US-Iran peace deal

GIFT Nifty futures were trading at 23,939 ‌as of 7:50 a.m. IST, indicating that the benchmark Nifty 50 would open above Monday's close of 23,853.90

Published 16 Jun, 2026 07:41am

Markets

Oil rebounds on concerns about US-Iran peace deal, restoration of supply

Brent crude futures gained 26 cents, or 0.3%, to $83.42 a barrel

Updated 16 Jun, 2026 10:40am

Business & Finance

Jul-Apr LSM posts 6.44pc growth YoY

ISLAMABAD: The Large Scale Manufacturing (LSM) sector recorded a growth of 6.44 percent during the July–April...

Published 16 Jun, 2026 04:12am

Business & Finance

Exports stay largely flat in 5 years: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday acknowledged that Pakistan’s exports have remained largely...

Published 16 Jun, 2026 04:12am

Editorials

Fiscal fault lines could test budget outlook

EDITORIAL: While the FY2026-27 budget has been framed as a pro-growth package aimed at reviving economic activity...

Published 16 Jun, 2026 04:12am

Editorials

A nation failing its children

EDITORIAL: The scale of Pakistan’s child labour crisis came into sharp focus at the International Labour...

Published 16 Jun, 2026 04:12am

World

Trump faces G7 as questions swirl on Iran accord

EVIAN-LES-BAINS: US President Donald Trump on Monday arrived to attend a G7 summit in France, with allies hoping his...

Published 16 Jun, 2026 04:12am

Business & Finance

LCCI lauds PM for growth-oriented budget

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has appreciated Prime Minister Shehbaz Sharif and his...

Published 16 Jun, 2026 04:12am

Sports

PCB unveils new system of player contracts

LAHORE: The Pakistan Cricket Board (PCB) on Monday unveiled the most significant redesign of its player contract...

Published 16 Jun, 2026 04:12am

Pakistan

Minister inaugurates ‘Prison Block’ at Services Hospital

LAHORE: Inaugurating the Prison Block here at Services Hospital, provincial Minister for Health Khawaja Salman...

Published 16 Jun, 2026 04:12am

Business & Finance

Kenyan National Tea Day celebrations held at LCCI: Kenya, Pakistan enjoy long-standing bilateral ties: HC

LAHORE: High Commissioner of Kenya Lt Gen Peter Mbogo Njiru (R) said that Kenya and Pakistan enjoy warm, cordial and...

Published 16 Jun, 2026 04:12am

Business & Finance

PRA seals 14 business premises

LAHORE: In enforcement operations against tax evasion and non-compliance across the province, the Punjab Revenue...

Published 16 Jun, 2026 04:12am

Pakistan

PIBF welcomes Iran-US peace agreement

LAHORE: The Pak International Business Forum (PIBF) has welcomed the emerging peace agreement between Iran and the...

Published 16 Jun, 2026 04:12am

Pakistan

Four shot dead

KHANEWAL: Four men were shot dead by unidentified assailants at Niazi Chowk on Monday. The victims, Zaka Ullah,...

Published 16 Jun, 2026 04:12am

Pakistan

Iran-US peace deal: CM lauds Pakistan’s diplomatic role

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif on Monday welcomed the Iran-US peace agreement, saying it was made...

Published 16 Jun, 2026 04:12am

Business & Finance

Obstructing or delaying grant of rights: Telecom bill seeking to impose Rs50m penalty presented in Senate

ISLAMABAD: The government, Monday, moved the Pakistan Telecommunication (Re-organisation) (Amendment) Bill, 2026 in...

Published 16 Jun, 2026 04:12am

Pakistan

Opposition assails govt for ‘growing’ economic mismanagement

ISLAMABAD: The National Assembly on Monday witnessed a heated debate on the federal budget 2026-27, as opposition...

Published 16 Jun, 2026 04:12am

Business & Finance

Property buyers underreport funds: 8,697 individuals holding Rs750bn deposits report zero income: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) revealed on Monday that 8,697 individuals holding deposits worth Rs750...

Published 16 Jun, 2026 04:12am

Business & Finance

‘DigiSME’ initiative: SMEDA directed to work closely with Alibaba

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, has...

Published 16 Jun, 2026 04:12am

Business & Finance

First time in 8 years: Karachi Port hits 2,000 vessel calls milestone

ISLAMABAD: Karachi Port has crossed the milestone of 2,000 vessel calls for the first time in nearly eight years,...

Published 16 Jun, 2026 04:12am

Pakistan

Iran envoy appreciates facilitation of peace deal

ISLAMABAD: Iran appreciates the sincere efforts of Pakistan’s political and military leadership in facilitating the...

Published 16 Jun, 2026 04:12am

Business & Finance

Telecom firms asked to justify lower tax revenue impact

ISLAMABAD: The Senate Standing Committee on Finance and Revenue asked the Telecom Operators’ Association (TOA) to...

Updated 16 Jun, 2026 07:02am

BR Research

SBP holding rates, watching risks

As expected, the SBP kept the policy rate unchanged at 11.5 percent. Overall, the stance is hawkish, and barring any...

Updated 16 Jun, 2026 06:05am

BR Research

Power subsidies: The reform that forgot to show up

At first glance, the FY27 federal budget appears short on surprises for the power sector. The headline subsidy...

Published 16 Jun, 2026 04:12am

Pakistan

Sharjeel urges opponents to work together for people

KARACHI: Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit Sharjeel Inam...

Published 16 Jun, 2026 04:12am

Business & Finance

Capital market infrastructure: Chinese consortium to expand investment

ISLAMABAD: Chinese investors have reaffirmed their long-term commitment to Pakistan’s capital markets following the...

Published 16 Jun, 2026 04:12am

Business & Finance

New fixed tax scheme from July 1: 100,000 small shopkeepers, retailers to avail benefits

ISLAMABAD: Around 100,000 small shopkeepers and retailers across Pakistan will contribute Rs 25,000 each to avail...

Published 16 Jun, 2026 04:12am

Pakistan

Pakistan’s first state of freedom report launched

ISLAMABAD: The Institute of Strategic Studies, Islamabad (ISSI) hosted the launch of the State of Freedom Report –...

Published 16 Jun, 2026 04:12am

Pakistan

FCC says retaining employees on contract for years is economic exploitation

ISLAMABAD: The Federal Constitutional Court (FCC) held that the continued retention of employees on a contract basis...

Published 16 Jun, 2026 04:12am

Business & Finance

FBR explains higher penalties for digital non-compliance

ISLAMABAD: Federal Board of Revenue (FBR) Member (Strategic Transformation) Dr. Hamid Ateeq Sarwar said that the...

Published 16 Jun, 2026 04:12am

World

Zelensky proposes meeting Putin in US

KYIV, (Ukraine): Ukrainian President Volodymyr Zelensky said Monday he was willing to meet Russian counterpart...

Published 16 Jun, 2026 04:12am

Punjab to present budget today

LAHORE: The Punjab government is set to present its budget for the fiscal year 2026-27 on Tuesday (today), with an...

Updated 16 Jun, 2026 08:39am

PM’s Apna Ghar scheme: Expats & NRPs now eligible for financing: SBP

KARACHI: In a significant move to expand the scope of the Prime Minister’s housing finance scheme, Overseas...

Updated 16 Jun, 2026 09:21am

TIP sees PPRA rules violation in Rs20bn e-gate project

ISLAMABAD: Transparency International Pakistan (TIP) has raised serious concerns over alleged violations of public...

Updated 16 Jun, 2026 05:55am

Govt refuses to share revenue impact figures with NA panel

ISLAMABAD: The federal government Monday categorically refused to share revenue impact of taxation and relief...

Updated 16 Jun, 2026 09:22am

Inflation may remain in double digits for next few months: SBP

KARACHI: The State Bank of Pakistan (SBP) expects that inflation may remain in double digits for the next few...

Updated 16 Jun, 2026 09:19am

Reducing tax incidence within IMF programme high priority: Kayani

ISLAMABAD: Minister of State for Finance Bilal Azhar Kayani said Monday the main focus of the federal budget...

Updated 16 Jun, 2026 09:20am

Business & Finance

IMF warns energy recovery to take time after ceasefire

WASHINGTON: The International Monetary Fund chief on Monday welcomed the ceasefire agreement between the United...

Published 16 Jun, 2026 04:12am

Pakistan

Ashura on 26th

KARACHI: The Central Ruet-e-Hilal Committee on Monday announced that the moon of Muharram-ul-Haram 1448 AH was not...

Published 16 Jun, 2026 04:12am

Delay in BQPS-III project: PD accuses KE of ‘overburdening’ consumers by Rs200bn

ISLAMABAD: The Power Division has accused K-Electric of overburdening consumers by around Rs200 billion due to an...

Updated 16 Jun, 2026 05:25am

Business & Finance

Oil falls USD4 to three-month low

HOUSTON: Oil prices settled down USD4 a barrel to a three-month low on Monday after President Donald Trump said the...

Updated 16 Jun, 2026 04:50am

World

Trump says Iran deal is ‘all signed’, details remain unclear

EVIAN-LES-BAINS, France/DUBAI/JERUSALEM: US President Donald Trump said on Monday a preliminary agreement to end the...

Published 16 Jun, 2026 04:12am

Landmark US-Iran peace agreement: Pakistan to host signing ceremony in Geneva

PM Shehbaz says development is a 'historic milestone' for global diplomacy

Updated 16 Jun, 2026 08:37am

Business & Finance

SBP holds key policy rate at 11.5pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy...

Updated 16 Jun, 2026 05:02am

Pakistan

‘Budget fails to meet people’s expectations’

KARACHI: A business leader and provincial convener of the Awam Pakistan Party Balochistan, Syed Aman Shah, has...

Published 16 Jun, 2026 04:12am

Pakistan

Ahsan greets US-Iran deal

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Monday welcomed the...

Published 16 Jun, 2026 04:12am

Pakistan

Aleem welcomes US-Iran peace deal

ISLAMABAD: Federal Minister and President of the Istehkam-e-Pakistan Party, Abdul Aleem Khan, has warmly welcomed...

Published 16 Jun, 2026 04:12am

Pakistan

Bilawal, Falconer reaffirm commitment to boost Pakistan, UK ties

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari on Monday visited the British High...

Published 16 Jun, 2026 04:12am

Pakistan

CM Sindh orders strict measures against wheat hoarding

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has directed the food department to take strict measures against...

Published 16 Jun, 2026 04:12am

Business & Finance

Investment proposals and projects: Dar for expediting implementation

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar chaired an...

Published 16 Jun, 2026 04:12am

Pakistan

Dar welcomes US-Iran understanding to end conflict

ISLAMABAD: Pakistan’s Deputy Prime Minister and Foreign Minister (DPM/FM) has warmly welcomed the understanding...

Published 16 Jun, 2026 04:12am

Business & Finance

Experts says stronger infrastructure needed to accelerate EV industry growth

KARACHI: Experts have called for long-term policy consistency, stronger infrastructure and increased investment in...

Updated 16 Jun, 2026 08:49am

Pakistan

Governor summons budget session on 17th

KARACHI: Sindh Governor Syed Muhammad Nihal Hashmi has summoned a session of the Sindh Assembly on Wednesday, June...

Published 16 Jun, 2026 04:12am

Business & Finance

Minister for strengthening business environment

ISLAMABAD: Federal Minister for Investment Qaiser Ahmed Sheikh on Monday called for strengthening Pakistan’s...

Published 16 Jun, 2026 04:12am

Business & Finance

Nehal calls for greater investment in wind energy

KARACHI: Sindh Governor Syed Muhammad Nehal Hashmi on Monday highlighted the importance of renewable energy and...

Published 16 Jun, 2026 04:12am

Business & Finance

PCDMA expresses disappointment over budget

KARACHI: Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), Salim Valimuhammad, has said the...

Published 16 Jun, 2026 04:12am

Business & Finance

PRAC welcomes targeted relief measures

KARACHI: The Policy Research and Advisory Council (PRAC) has acknowledged several progressive measures in the...

Published 16 Jun, 2026 04:12am

Business & Finance

PSW, NTC ink real-time data sharing pact

ISLAMABAD: Pakistan Single Window (PSW) and National Tariff Commission (NTC) signed an agreement for real-time data...

Published 16 Jun, 2026 04:12am

Pakistan

Stakeholders demand end to export tax on tobacco

ISLAMABAD: Tobacco growers, traders and industry representatives on Monday demanded the immediate withdrawal of...

Published 16 Jun, 2026 04:12am

Pakistan

The Weather

KARACHI: The weather report on Monday (June 15, 2026) and the forecast for Tuesday (June 16 2026)....

Published 16 Jun, 2026 04:12am

Business & Finance

Business community terms rate hold ‘a difficult decision’

KARACHI: The business community has termed the State Bank of Pakistan’s decision to maintain the policy rate at 11.5...

Published 16 Jun, 2026 04:12am

Business & Finance

The labyrinthine Finance Bill 2026 explained

KARACHI: Tax professionals at a post-budget seminar organised by the Karachi Tax Bar Association cautioned that...

Published 16 Jun, 2026 04:12am

Business & Finance

Business leaders remind SBP of the pitfalls of keeping interest rates in double digits

KARACHI: The leadership of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has reiterated its...

Published 16 Jun, 2026 04:12am

Business & Finance

SLM raises record Rs7.78bn in largest-ever IPO

KARACHI: Service Long March Tyres Limited (SLM) has made history in Pakistan’s capital markets by successfully...

Published 16 Jun, 2026 04:12am

Pakistan

‘Skills for Employment’ programme: Saylani holds orientation sessions

KARACHI: Saylani Welfare International Trust organized orientation sessions under its “Skills for Employment”...

Published 16 Jun, 2026 04:12am

Pakistan

ChildLife urges parents to protect children from extreme heat

KARACHI: The ChildLife Foundation is urging parents and caregivers to take immediate steps to protect children from...

Published 16 Jun, 2026 04:12am

Pakistan

World Wind Day: Maryam commits to exploring alternative energy sources

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif, in her message on World Wind Day, reaffirmed the government’s...

Published 16 Jun, 2026 04:12am

Pakistan

Muharram: Punjab CM orders implementation of 3-tier security plan

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has directed the implementation of a comprehensive three-tier...

Published 16 Jun, 2026 04:12am

BR Research

Data Agro Limited

Data Agro Limited (PSX: DAAG) was incorporated in Pakistan as a private limited company in 1992 and was converted...

Updated 16 Jun, 2026 06:54am

World

Trump says Iran deal is 'all signed', details remain unclear

The deal's all signed, Trump said after he arrived in France for a summit of the G7

Updated 16 Jun, 2026 08:00am

World

US B-52 bomber crashes in California: Air Force base

A United States Air Force B-52 Stratofortress crashed shortly after takeoff on the Edwards

Updated 16 Jun, 2026 01:44am

Perspectives

The architect of industry: SM Tanveer’s visionary stewardship

In the intricate tapestry of Pakistan’s industrial landscape, few threads are woven with as much resilience and...

Published 15 Jun, 2026 11:16pm

Pakistan

Muharram 2026 moon not sighted, Ashura on June 26

First of Muharram will fall on Wednesday, June 17

Published 15 Jun, 2026 10:11pm

Editorials

Fiscal fault lines could test budget outlook

EDITORIAL: While the FY2026-27 budget has been framed as a pro-growth package aimed at reviving economic activity...

Published 16 Jun, 2026 04:12am

Editorials

A nation failing its children

EDITORIAL: The scale of Pakistan’s child labour crisis came into sharp focus at the International Labour...

Published 16 Jun, 2026 04:12am

Editorials

Policy contradictions stall progress

EDITORIAL: One of the more damaging flaws of governance in Pakistan today is the disconnect between what...

Published 15 Jun, 2026 02:32am

Editorials

The price of delay

EDITORIAL: Billions of rupees worth of foreign-funded development projects are once again facing delays, not because...

Published 15 Jun, 2026 02:32am

Editorials

Too important to trust locally?

EDITORIAL: Pakistan’s long-term development challenge is no mystery. Child malnutrition, stunting, poor educational...

Published 14 Jun, 2026 05:20am

Editorials

Forest fires: A growing environmental emergency

EDITORIAL: The devastating forest fire that recently swept through the Kotli Sattian area of Murree district in...

Updated 14 Jun, 2026 07:00am

Editorials

The Budget

EDITORIAL: The federal finance minister, Senator Muhammad Aurangzeb, presented yesterday the third budget of the...

Updated 13 Jun, 2026 06:44am

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

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.52
USD PKR Interbank Buying / Jun 12	278.32
USD to Japanese Yen / Jun 16	160.26
USD to Swiss Franc / Jun 16	0.80
Pound Sterling to USD / Jun 16	1.34
Euro to USD / Jun 16	1.16
SOFR % / Jun 15	3.60

Stock	Volume
S&P 500 / Jun 15	7,554.29
Nasdaq / Jun 15	26,683.94
FTSE 100 / Jun 15	10,430.62
Dow Jones / Jun 15	51,671.03
Germany DAX 30 / Jun 15	24,894.01
France CAC40 / Jun 15	8,384.01
India Sensex / Jun 16	76,714.29
Tokyo Nikkei / Jun 16	69,722.25
Hang Seng / Jun 16	24,445.52

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 15	21,080
Gold 10 Grams PKR / Jun 15	389,600
Petrol/Litre / Jun 16	373.78
Crude Oil USD/Barrel / Jun 16	80.57
Gold Spot USD/Ounce / Jun 16	4,326.02
Diesel/Litre / Jun 16	378.78
Cotton US¢/pound / Jun 16	76.67

Stock	Price
First Fid. Leasing / Jun 16 First Fidelity Leasing Modaraba(FFLM)	15.36 ▲ 2.67 (21.04%)
Pak. P.V.C. / Jun 16 Pakistan PVC Limited(PPVC)	34.60 ▲ 6.01 (21.02%)
Pak Stock Exchange / Jun 16 Pakistan Stock Exchange Limited(PSX)	52.70 ▲ 9.15 (21.01%)
Crescent Steel / Jun 16 Crescent Steel & Allied Products Limited(CSAP)	116.84 ▲ 20.28 (21%)
Kohat Textile / Jun 16 Kohat Textile Mills Limited(KOHTM)	146.97 ▲ 25.51 (21%)
National Silk / Jun 16 The National Silk & Rayon Mills Limited(NSRM)	195.13 ▲ 33.87 (21%)
MACPAC Films / Jun 16 MACPAC Films Limited(MACFL)	72.74 ▲ 12.62 (20.99%)
Power Cem(Pref) / Jun 16 Power Cement (Pref)(POWERPS)	28.77 ▲ 4.97 (20.88%)
Nets Internat.Comm. / Jun 16 Nets International Communication Limited(GEMNETS)	33.50 ▲ 5.6 (20.07%)
TPL Corp Ltd / Jun 16 TPL Corp Limited(TPL)	16.55 ▲ 2.46 (17.46%)

Stock	Price
Askari Life Assur. / Jun 16 Askari Life Assurance Company Limited(ALAC)	22 ▼ -3.54 (-13.86%)
Universal Ins. / Jun 16 The Universal Insurance Company Limited(UVIC)	22.60 ▼ -2.28 (-9.16%)
GOC (Pak) / Jun 16 GOC (Pak) Limited.(GOC)	113.30 ▼ -9.7 (-7.89%)
Idrees Tex. / Jun 16 Idrees Textile Mills Limited(IDRT)	46.22 ▼ -3.88 (-7.74%)
Popular Islamic / Jun 16 Popular Islamic Modaraba(PIM)	22.45 ▼ -1.54 (-6.42%)
Aisha Steel(ConPS) / Jun 16 Aisha Steel(ConPS)(ASLPS)	27.61 ▼ -1.87 (-6.34%)
Zephyr Textile / Jun 16 Zephyr Textiles Limited(ZTL)	19.17 ▼ -1.28 (-6.26%)
Frontier Ceramics / Jun 16 Frontier Ceramics Limited(FRCL)	76.16 ▼ -4.98 (-6.14%)
Sana Ind / Jun 16 Sana Industries Limited(SNAI)	37.51 ▼ -2.4 (-6.01%)
Premier Insurance / Jun 16 Premier Insurance Limited(PINL)	9.23 ▼ -0.56 (-5.72%)

Stock	Volume
Sui South Gas / Jun 16 Sui Southern Gas Company Limited(SSGC)	41,229,077 ▲ 3.46
B.O.Punjab / Jun 16 The Bank of Punjab(BOP)	23,320,701 ▲ 1.86
TPL Corp Ltd / Jun 16 TPL Corp Limited(TPL)	21,195,214 ▲ 2.46
Siddiqsons Tin / Jun 16 Siddiqsons Tin Plate Limited(STPL)	18,763,696 ▲ 1.41
Maple Leaf Cement / Jun 16 Maple Leaf Cement Factory Limited(MLCF)	17,099,152 ▲ 8.08
TPL Properties / Jun 16 TPL Properties Limited(TPLP)	17,090,178 ▲ 0.98
Pak Elektron / Jun 16 Pak Elektron Limited(PAEL)	15,556,756 ▲ 2.67
Sui North Gas / Jun 16 Sui Northern Gas Pipelines Limited(SNGP)	15,020,637 ▲ 12.52
Hascol Petrol / Jun 16 Hascol Petroleum Limited(HASCOL)	14,654,510 ▲ 0.72
K-Electric Ltd. / Jun 16 K-Electric Limited(KEL)	13,867,481 ▲ 0.17

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