News

Asia shares gain on US-China trade hopes; oil eases

Asian shares rallied on Friday as Wall Street earnings and signs of a thaw in U.S.-China relations boosted investor sentiment, while oil prices eased following fresh U.S. sanctions on Russian suppliers. Intel results after the close in New York beat expectations, adding to a batch of positive U.S. earnings reports. Japan’s Nikkei share gauge jumped before a speech where the nation’s new prime m

Jan-Sep 2025: 22.78m mobile handsets manufactured locally

The local manufacturing and assembling plant s manufactured and assembled 22.78 million mobile handsets during the first nine months (January-September) of the calendar year 2025, compared to 1.5 million imported commercially. Official data revealed that 3.01 million mobile handsets were manufactured or assembled in September 2025. The local manufacturing/ assembling plants manufactured/ ass

Bank Alfalah reports Rs21.44bn PAT for 9M

Bank Alfalah Limited has reported a profit after tax (PAT) of PKR 21.44 billion for the nine-month period ended September 30, 2025, translating into earnings per share (EPS) of PKR 13.59 compared to PKR 21.32 in the same period last year. The Board of Directors announced a third interim cash dividend of PKR 2.50 per share (25 percent), taking the cumulative cash dividend for the year to PKR 7.5

HBL’s 9M’25 PBT soars 31pc to Rs112.2bn YoY

HBL on Thursday declared a record profit before tax of Rs 112.2 billion for the first nine months of 2025, 31 percent higher than in the same period last year. Despite higher tax rates burdening the banking sector, profit after tax increased 19 percent to Rs 51.4 billion. EPS for 9M’25 improved to Rs 34.97 from Rs 30.03 in 9M’24. Along with the results, the bank declared an interim dividend of Rs

PTCL Group forges alliance with Smart MEP to drive digital transformation

PTCL Group (PTCL & Ufone 4G), Pakistan’s premier telecommunication and ICT powerhouse, has forged a game-changing alliance with Smart MEP, the nation’s top engineering and system integration firm. Showcasing its commitment to driving digital transformation, PTCL Group announced at GITEX Global 2025 Dubai its strategic move to harness Vodafone’s IoT Core Platform — a bold step set to revolutionize