Topic

paypal

PayPal cuts 220 India jobs as part of previously announced restructuring plan, source says

Published 03 Sep, 2026 08:21pm

Aiming for $1.5 billion in cost savings, PayPal is undergoing a major transformation, including job cuts and integrating AI, to boost its competitive edge

PayPal re-launches in the UK after nearly two years

Published 12 Nov, 2025 12:47pm

The digital payments platform said customers in the UK will have access to debit cards that can be used worldwide without any transaction fees

US financial firms pledge $1.7 billion to UK ahead of Trump’s visit

Published 14 Sep, 2025 09:36am

Bank of America will launch its first operation in Northern Ireland, creating up to 1,000 jobs in Belfast

German banks halted 10 billion euros in PayPal payments on fraud concerns

Published 28 Aug, 2025 05:50am

BERLIN: German banks blocked PayPal payments totalling more than 10 billion euros (USD11.7 billion) over fraud...

Meta, Shopify and PayPal: Saudi wealth fund sold its stakes in Q2

Published 15 Aug, 2025 05:47am

BANGALORE/DUBAI: Saudi Arabia’s almost $1 trillion sovereign wealth fund sold its stakes in several US-listed...

PayPal beats profit targets, maintains annual earnings forecast amid US trade uncertainty

Published 29 Apr, 2025 04:25pm

PayPal on Tuesday beat Wall Street estimates for first-quarter earnings and maintained its annual profit forecast,...

Pakistani e-commerce – stuck in first gear

Published 07 Apr, 2025 02:49am

EDITORIAL: In recent years, going digital has become increasingly rewarding, and in fact, essential for Pakistani...

The great fintech convergence: How will 2025 transform financial services

Published 03 Feb, 2025 05:54pm

Imagine paying for your coffee with a glance at your phone, receiving a mortgage approval in minutes, or trading...

Out of 2.32mn freelancers, only 38,000 hold bank accounts in Pakistan, PM Committee told

Updated 13 Dec, 2024 09:57pm

In a startling development, it was disclosed during a high-level meeting of the Prime Minister’s Committee on IT...

Donald Trump appoints former PayPal exec David Sacks as AI and crypto czar

Published 06 Dec, 2024 10:59am

US President-elect Donald Trump on Thursday said he was appointing former PayPal Chief Operating Officer David Sacks...

PayPal outage affects thousands worldwide

Published 22 Nov, 2024 03:03am

BENGALURU: Payments firm PayPal is facing a system issue that may be affecting multiple products, it said on...

IT minister claims Dr Umar sabotaged deal with Paypal

Updated 25 Sep, 2024 11:59am

ISLAMABAD: Minister of State for IT and Telecom Shaza Fatima Khawaja accused former caretaker federal minister Dr...

JPMorgan hires new chief technology officer: memo

Published 11 Jun, 2024 03:17am

NEW YORK: JPMorgan Chase hired former PayPal executive Sri Shivananda as its new chief technology officer (CTO), the...

Elevate looks to utilise Dubai’s competitive edge as it resolves Pak freelancers’ payments woes

Published 11 Jun, 2024 03:17am

Elevate, the fintech that recently secured financing of $5 million with the aim to expand further into South Asia,...

Pakistan’s IT cos like incorporating in Dubai: ease of payments is just one of many reasons

Updated 22 May, 2024 09:31am

Dubai’s appeal as the preferred destination for Pakistan’s software companies has a lot to do with the streamlined...

PM Shehbaz directs preparing roadmap for increasing IT exports

Updated 12 Mar, 2024 09:23pm

Premier says youth will be provided with education and skills in the IT sector and facilities required for start-ups

Online freelancers: PayPal remittances from this month: minister

Updated 03 Mar, 2024 08:19pm

Islamabad: Pakistan online freelancers will be able to receive PayPal remittances starting this month through a...

13 out of 15 ‘important targets’ achieved: MoITT

Published 26 Jan, 2024 04:58am

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunications Dr Umar Saif claimed that 13...

IT exports on a rise

Published 23 Jan, 2024 09:07am

IT exports have been growing consecutively over the past four months. As per the latest data, the IT exports for...

Launch on 11th January: Freelancers to channelize remittances thru Paypal

Updated 06 Jan, 2024 09:51pm

PayPal is not coming to Pakistan but an agreement has been reached under which the remittances would be channelized from Paypal through a third party, says Dr Saif

Busting myths: is Pakistan replete with tech talent?

If the authorities facilitate us, I can increase the IT industry's size from $2.6 billion to $3.5 billion in a couple of months, says caretaker IT minister

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 29	277.32
USD PKR Interbank Buying / Sep 29	277.12
USD to Japanese Yen / Sep 30	157.03
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.32
Euro to USD / Sep 30	1.13
SOFR % / Sep 28	3.90

Stock	Volume
S&P 500 / Sep 29	7,670.84
Nasdaq / Sep 29	26,797.54
Dow Jones / Sep 29	51,349.92
India Sensex / Sep 30	72,729.39
Tokyo Nikkei / Sep 30	66,728.56
Hang Seng / Sep 30	24,534.37
FTSE 100 / Sep 30	10,714.17
Germany DAX 30 / Sep 30	25,546.29
France CAC40 / Sep 30	8,055.71

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 29	18,780
Gold 10 Grams PKR / Sep 29	374,945
Petrol/Litre / Sep 30	387.54
Crude Oil USD/Barrel / Sep 30	89.69
Gold Spot USD/Ounce / Sep 30	4,309.98
Diesel/Litre / Sep 30	402.24
Cotton US¢/pound / Sep 30	79.18

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

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