Experts have called for stronger data governance in Pakistan’s banking sector amid the rapid expansion of the country’s digital payments ecosystem and its growing economic linkages with South Asia and the Gulf. Inflows of workers’ remittances hit USD 41.6 billion in FY26, while the State Bank of Pakistan (SBP) reported 9.1 billion retail payments worth PKR 612 trillion in CY25. With digital cha
Oil prices fell slightly on Friday as markets weighed the possibility of a truce between the US and Iran against the bombing of Saudi Arabia by Houthi rebels after a week of price spikes. Brent was down 87 cents, or 0.82%, at $105.73 a barrel at 0212 GMT, while West Texas Intermediate (WTI) was down $1.56, or 1.65%, at $93.05 a barrel. The sluggish opening was a contrast to a week of volatil
A calmer geopolitical tone set the stage for a modest rally at the Pakistan Stock Exchange (PSX) on Wednesday, where the KSE-100 index stayed firmly in the green throughout the session over hopes for a diplomatic breakthrough between the US and Iran coupled with softer oil prices. The benchmark index gained 830.43 points, or 0.48%, to settle at 172,232.51. Investor interest was supported by rep
The benchmark KSE-100 Index closed Wednesday’s trading session at 172,232.51, gaining 830.43 points or 0.48%, as broad-based buying lifted the market amid cautious optimism over developments in the Middle East. Oil prices remained mixed as investors assessed the potential impact of U.S.-Iran talks, with hopes for a diplomatic resolution to the ongoing conflict helping temper concerns over furth
Supernet Technologies Limited (PSX: STL) has reported consolidated profit after tax of Rs467m for the year ended June 30, 2026, compared with Rs78m in restated FY2025, while earnings per share increased to Rs4.03 from Rs1.39. Consolidated revenue stood at Rs8.08 billion, compared with Rs4.89bn in the previous year. The FY2025 comparatives are restated to show the merger effective from January 1