Oil prices fell on Tuesday, erasing most of the previous session’s gains, after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President Donald Trump, though both sides warned they could resume hostilities. Brent crude futures were down 91 cents, or 1%, at $93.34 a barrel at 0400 GMT, while U.S. West Texas Intermediate declined $1.13, or 1.2%, at $90.17
Selling pressure engulfed the Pakistan Stock Exchange (PSX) amid escalating geopolitical tensions, with the benchmark KSE-100 Index shedding over 1,900 points during the opening minutes of trading on Monday. At 9:30am, the benchmark index was hovering at 168,565.62, down by 1,913.32 or 1.12%. Selling pressure was observed in key sectors, including automobile assemblers, cement, commercial ba
Airlink Communication Limited, Pakistan’s leading technology manufacturer and distributor, a public listed company with a market cap of more than 200 million, has formally launched Hisense in Pakistan, a landmark moment for the country’s consumer electronics industry and a vote of confidence in Pakistan’s growing stature as a regional technology manufacturing hub. Hisense is a global technology
The Securities and Exchange Commission of Pakistan (SECP) has concluded enforcement proceedings against 36 State-Owned Enterprises (SOEs), imposing monetary penalties totaling Rs 3.18 million through 46 adjudication orders, while issuing warning orders in 12 cases. In March 2026, the SECP issued 66 Show Cause Notices (SCNs) to 41 State-Owned Enterprises (SOEs) for non-compliance with statutory
The global airline industry nearly halved its 2026 profit forecast on Sunday, citing conflict in the Middle East that has driven up fuel costs, disrupted key air corridors and exposed the fragility of a sector operating on thin margins. The International Air Transport Association, which represents more than 370 airlines accounting for about 85% of global air traffic, said in its annual report t