The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, surged by 91 basis points on a day-on-day (DoD) basis on Monday (November 28) to touch an all-time high after the State Bank of Pakistan’s (SBP) monetary policy decision on ...

Feeling the heat of the political uncertainty and turmoil in the country, the Pakistan Stock Exchange (PSX) benchmark KSE 100-index fell below 45,000 points and reached 44,312 of 1.86 percent. The day range is 44,051 to 45,153 while this week the benchmark KSE-100 could reach upto 48,981. The ...

The President of Haiti, Jovenel Moïse, has been assassinated at his private residence, according to local reports. The news was confirmed by Haitian Prime Minister Claude Joseph who said that Jovonel Moïse was killed in his private residence in Port-au-Prince around 1 a.m. local time by a group ...

ISLAMABAD - Ministry of Interior strongly react over Mohsin Dawar and Ali Wazir’s claims on ECL. Ministry of Interior (MOI) Sunday, in a tweet, said Members of National Assembly (MNA) Mohisn Dawar was propagating misleading assertions regarding MNA Ali Wazir and his status on Exit Control List ...

ISLAMABAD - England all-rounder Moeen Ali has expressed hope that England team would tour to Pakistan soon as many English cricketers are already playing in the country for the Pakistan Super League (PSL). “Talks are underway for the England cricket team to visit Pakistan,” a private news ...

ISLAMABAD - Oman's Sultan Qaboos, who died link on Friday aged 79, transformed the former Arabian Peninsula backwater into a modern state and sought-after mediator while shielding the sultanate from a region in turmoil. The intensely private sultan — the longest-reigning ruler in the ...

KARACHI – Pakistani economy shows signs of stability after turmoil as the Stock Exchange recovers and the Pakistani Rupee bounces back against the US dollar. The Pakistan Stock Exchange (PSX) witnessed an upward trend in the outgoing week with the benchmark KSE-100 index gaining 636 points and ...

ISLAMABAD - Pakistan Foreign Minister Shah Mehmood Qureshi makes an offer to Gulf Countries over regional turmoil. Pakistan has close fraternal relations with the Gulf states and is ready to play its facilitating role in de-escalation of tensions in the region. In written reply to a question in ...

NEW DELHI - Indian envoy to Pakistan Ajay Bisaria left Islamabad on Saturday, days after Pakistan announced that it will be cutting ties with New Delhi in the backdrop of Prime Minister Narendra Modi government's decision to remove the special status of Jammu and Kashmir under Article 370 of the ...

RIYADH: Saudi Arabia’s King Salman hosted Abu Dhabi’s crown prince for talks, state media said, after the Gulf allies threw their support behind Sudan’s military rulers who ousted veteran leader Omar al-Bashir. Abu Dhabi’s Prince Mohammed bin Zayed discussed “regional ...