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 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
Oil prices climbed on Thursday, hovering near seven-month highs, as investors gauged whether U.S.-Iran talks could avert a military conflict that risks supply disruptions, though gains were capped by a build in U.S. crude inventories. Brent futures were trading at $71.12 per barrel, up 27 cents, or 0.3%, at 0123 GMT. WTI futures rose 23 cents, or 0.4%, to $65.65. Brent gained 8 cents on Wed
Supernet Limited (GEMSPNL), a wholly owned subsidiary of Telecard Limited, has been merged with and into Supernet Technologies Limited (STL) pursuant to a Scheme of Arrangement sanctioned by the Sindh High Court, resulting in STL becoming the surviving listed entity. Following the merger’s effectiveness, all assets, liabilities, rights, and obligations of Supernet Limited have been vested in ST
Selling pressure continued unabated at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 shedding nearly 1% on Tuesday. The market opened on a positive note and briefly surged in early trade, but selling pressure quickly emerged, dragging the benchmark sharply lower by mid-morning, hitting an intra-day low of 163,907.59. Following the steep dip, the market staged a steady recover