The war in the Middle East is likely to widen economic differences across Latin America and the Caribbean, giving some short-term support to oil exporters while worsening the outlook for tourism-reliant Caribbean economies and energy-importing countries in Central America, the IMF said on Friday. The warning, issued in a blog post, follows the release earlier this week of the global lender’s up
HBL declared a consolidated profit before tax of Rs 33.7 billion, and a profit after tax of Rs 16.2 billion for the quarter ended March 31, 2026. EPS for Q1’26 was Rs 11.0. Along with the results, the Bank declared an interim dividend of Rs 6.00 per share for the quarter. HBL’s balance sheet increased to Rs 8.1 trillion, with domestic deposits closing at Rs 4.6 trillion and total deposits at Rs
Pakistan’s business community has called for stronger regional trade integration among South Asian nations, noting that intra-regional trade within SAARC countries remains limited to just 5 percent despite vast potential. Rafique Suleman, spokesperson for the Businessmen Panel (BMP) South and former Chairman Rice Exporters Association of Pakistan (REAP) has congratulated the leadership of SAARC
The business community and the banking sector are closely interconnected, and commercial banks must introduce maximum facilitation to support business activities. This was stated by Syed Salman Ali, Convener of the Standing Committee on Banking Affairs at the Lahore Chamber of Commerce and Industry (LCCI), while presiding over a committee meeting. Former LCCI Senior Vice President Ali Hissam As
Gold prices inched lower on Monday as the dollar firmed, while news the Strait of Hormuz is closed again pushed oil prices higher and revived inflation fears. Spot gold was down 0.4% at $4,809.71 per ounce, as of 0155 GMT, after hitting its lowest level since April 13 earlier in the session. U.S. gold futures for June delivery fell 1% to $4,829.40. “Gold prices are lower today after the U