Around 40 medicines that have already been registered in Pakistan remain unavailable to patients because the federal government has yet to approve their prices. The delay has left thousands of patients, including those battling cancer, diabetes and other life-threatening diseases, with limited treatment options, forcing many to depend on costly personal imports or smuggled and unregistered medi
Euromoney Awards for Excellence 2026 has awarded HBL the accolade of ‘Pakistan’s Best Bank’. The Bank has also won ‘Pakistan’s Best Retail Bank’, ‘Pakistan’s Best Bank for Sustainable Finance’, ‘Pakistan’s Best for Capital Markets Advisory’, and ‘Pakistan’s Best Investment Bank for M&A’. Euromoney is a global English-language publication focused on business and finance. These awards are the
Gold prices fell on Monday as an escalation in the Middle East war pushed Brent crude above $90 a barrel, heightening inflation concerns as several US Federal Reserve policymakers signalled that interest rate hikes may be needed to curb price pressures. Spot gold was down 0.4% at $4,000.55 per ounce, as of 0058 GMT, after hitting a two-week low on Friday and posting a 2.5% weekly loss. U
Oil prices jumped about 3% on Monday, with Brent oil prices surpassing $90 per barrel, as escalating US-Iran hostilities in the Middle East restricted oil shipments through the Strait of Hormuz. Brent crude futures climbed $2.77, or 3.14%, to $90.87 by 0612 GMT, touching the highest since June 11, extending gains after rising 15.9% last week, its biggest weekly gain since April. US West Texa
Selling pressure was observed at the Pakistan Stock Exchange (PSX) as tensions between the US and Iran escalated further, with the benchmark KSE-100 Index shedding over 500 points during the opening minutes of trading on Friday. At 9:35am, the benchmark index was hovering at 177,562.67, down by 560.89 points or 0.31%. Selling was observed in key sectors, including automobile assemblers, ceme