LONDON: Oil prices jumped about four per cent on Tuesday following reports Iran was preparing to launch a missile attack on Israel. Brent futures were up $2.50, or 3.5pc, to

KARACHI: The country’s overall oil sales recorded a month-on-month increase of 5 per cent and 20pc year-on-year to 1.27 million tonnes in September. According to Arif Habib Ltd (AHL), petrol

MOSCOW: Two agriculture companies from Russia and Pakistan have signed barter deals to trade chickpeas and lentils from Russia in exchange for rice, mandarins and potatoes, Russia’s TASS news agency reported on

The US dollar rose to Rs278.05 on Monday in the latest foreign exchange update from the National Bank of Pakistan (NBP). The buying rate for the dollar stands at Rs277.55,

LAHORE: Financial globalisation has increased volatility in the foreign exchange market. If the country experiences huge capital inflows, the rupee will appreciate vis-a-vis the US dollar. These short-term flows affect

After the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Islamabad Chamber, and All Pakistan Traders Association, the Rawalpindi-Islamabad Tax Bar Association has also demanded a one-month extension for

LAHORE: State Bank of Pakistan (SBP) Governor Jamil Ahmed says a climate-driven banking framework is being worked out to facilitate energy transition finance. “Transition to renewable energy in countries like

The executive board of the International Monetary Fund (IMF) has stressed the “sustained implementation” of the new $7 billion bailout package, as well as broadening the tax base. The IMF’s

Japanese auto giant Toyota is to end its top-tier Olympics sponsorship, its chairman has said, citing the sporting showpiece’s “increasingly political” influence that puts athletes on the back burner. Toyota