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NBP declares highest-ever net profit of Rs85.9bn

National Bank of Pakistan (NBP) has declared highest-ever net profit of Rs 85.9 billion with a record 350 percent final cash dividend for the year 2025. The Board of Directors of NBP yesterday approved the audited annual financial statements for the year ended December 31, 2025. Amid strong macro recovery, NBP delivered an exceptional year of financial performance in 2025 as it reported its hig

Asia shares rise in relief rally as Nvidia beats the street

Asian stocks advanced on Thursday after upbeat earnings from Nvidia soothed concerns over AI-driven disruption and rising costs, while the yen was in the doldrums, bogged down by a murky rate outlook in Japan. Lingering worries about escalating geopolitical tensions between the U.S. and Iran meanwhile kept oil prices elevated, ahead of a third round of talks between the two countries later on T

Copper eases after touching two-week high

Copper eased on Thursday after touching a two-week high in the previous session, with a lack of fresh catalysts and concerns over rising inventories keeping the red metal range-bound. The most-traded copper contract on the Shanghai Futures Exchange dipped 0.02% to 102,100 yuan ($14,924.06) a metric ton as of 0330 GMT. The benchmark three-month copper on the London Metal Exchange, meanwhile,

World Bank official, minister discuss how to strengthen ties under CPF

The Country Director of the World Bank for Pakistan, Bolormaa Amgaabazar, called on the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, at the Finance Division Wednesday. The meeting focused on strengthening cooperation under the World Bank’s Country Partnership Framework (CPF) and advancing key reform priorities of the government of Pakistan. Discussions covered broad are

Gold gains on softer dollar; Iran-US talks in focus

Gold prices edged higher on Thursday, buoyed by a softer dollar and safe-haven demand fuelled by uncertainty surrounding US tariff policy and U.S.-Iran talks. Spot gold was up 0.3% at $5,183.85 per ounce, as of 0258 GMT. Bullion hit a more than three-week high on Tuesday. US gold futures for April delivery were down 0.5% at $5,200.50. “Price action reflects a re-pricing of fresh policy (t