Tag: Business News

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PM Shehbaz says China has rolled over $600mn loan

A Chinese bank extended a $600 million loan to Pakistan, according to Prime Minister Shehbaz Sharif, increasing the cash-strapped nation's foreign exchange reserves. PM Shehbaz...

What is the Black Sea grain deal and what happens as it expires?

The Black Sea grain agreement, which permits Ukraine to export grain via the Black Sea, will expire at the end of Monday as a...

Gold price increased by Rs1,600 per tola in Pakistan

The price of gold in Pakistan climbed further in line with a rise in the global market. Gold price increased: The price of gold (24...

European shares slip as Richemont, tepid China data drag

Monday saw a decline in European stocks as Richemont, a luxury goods company, suffered from weaker-than-anticipated organic sales growth and concerns over demand from...

Govt reduces petrol price by Rs9, cuts high-speed diesel by Rs7

Finance Minister Ishaq Dar announced a reduction in the cost of petrol and high-speed diesel (HSD) of Rs. 9 per litre and Rs. 7,...