Business Desk

U.S. FED slashes interest rates by 50 basis points
Markets

U.S. FED slashes interest rates by 50 basis points

FED sees interest rate at 4.4% by the end 2024

SBP rejects triple the target bids in latest T-Bills auction
Business

SBP rejects triple the target bids in latest T-Bills auction

SBP plans to borrow a total of PKR 6.295 trillion from September to November

Business

Pakistan's IT exports surge to $298mn in August 2024

62% of IT companies maintain specialized foreign currency accounts

Pakistan stocks surge ahead of IMF meeting amid positive economic indicators
Business

Pakistan stocks surge ahead of IMF meeting amid positive economic indicators

Indian shares dragged down by information technology and pharma stocks

BF Biosciences plans to sell 28.3% shares in a public offering
Markets

BF Biosciences plans to sell 28.3% shares in a public offering

Company targets raising PKR 1.4 billion

Pakistan current account posts $75mn surplus in August
Business

Pakistan current account posts $75mn surplus in August

This improvement is attributed to a reduction in the trade deficit and an increase in remittances