Oil prices rose on Monday after shipping through the Strait of Hormuz slowed while talks between U.S. and Iranian officials in their first meeting under an interim peace deal were off to a bumpy start. Brent crude futures climbed 54 cents or 0.67%, to $81.11 a barrel by 0030 GMT, after touching a high of $82.30 at the start of trading. U.S. West Texas Intermediate crude futures were at $78
Scheduled for launch in July 2026, the Asaan Connect App is a flagship digital initiative being developed under the Securities and Exchange Commission of Pakistan (SECP)’s guidance to simplify access to investment services including stock market. The country’s top securities regulator in a statement said this initiative will expand financial inclusion, and attract a new generation of investors
Shares climbed to record highs in Japan and South Korea on Friday as peace in the Middle East with the reopening of the Strait of Hormuz pulled oil prices even lower and eased inflation fears. The US dollar was on a tear, hovering near a 13-month high on its major peers, after a hawkish turn from the Federal Reserve led markets to price in more than one rate hike this year. That dragged the y
Pakistan is stepping up efforts to attract Chinese investment into its pharmaceutical and healthcare sectors, with nearly 60 leading Chinese companies participating in investment promotion events in Beijing ahead of the Pakistan–China B2B Pharmaceutical, Healthcare and Biotechnology Investment Conference scheduled to be held in Karachi on July 17-18. The Embassy of Pakistan in Beijing organized
The National Tariff Commission (NTC) has imposed definitive anti-dumping duties on imports of Pure Terephthalic Acid (PTA) from China after concluding that dumped imports caused material injury to domestic industry. According to a notice issued by the Commission, the investigation was initiated on August 16, 2025, following an application filed by Lotte Chemical Pakistan Limited, the country’s