Pakistan has invited Chinese manufacturers and investors to establish joint ventures and production facilities in the country, particularly in dyes and chemicals, agro-chemicals, biotechnology, industrial chemicals and other value-added sectors, as Islamabad seeks to deepen bilateral trade and move Pakistan-China economic cooperation towards joint industrial production. Pakistan Chemicals & Dye
Earnings of Pakistan’s listed exploration and production (E&P) sector surged 2.5 times year-on-year (YoY) and 2.3 times quarter-on-quarter (QoQ) to Rs214 billion in 4QFY26, primarily driven by reversals of super tax provisions following a Federal Constitutional Court (FCC) decision, according to Topline Research. The strong quarterly performance took the sector’s full-year FY26 earnings to Rs45
The Petroleum Division has announced an increase in domestic fuel prices for September 16 following a surge in global refined product costs driven by mounting geopolitical tensions. According to the official notification, the ex-depot price of petrol rises by Rs4.10 to Rs384.34 per litre (up from Rs 380.24), while High-Speed Diesel (HSD) climbs by Rs6.41 to reach Rs415.83 per litre. The Oil and
Oil prices fell on Wednesday after an unexpected build in US crude inventories, while investors assessed supply risks after Saudi Arabia suspended oil loadings at its Yanbu port following an attack on its East-West pipeline to the Red Sea. Brent crude futures fell 93 cents, or 0.86%, to $107.82 a barrel at 0028 GMT, while US West Texas Intermediate futures were down 97 cents, or 0.92%, at $10
Gold prices were subdued on Wednesday as market participants hunkered down ahead of the US Federal Reserve’s policy decision, where a rate hike is widely expected. Spot gold was down 0.1% at $4,288.48 per ounce, as of 0143 GMT, after scaling a more than one-month low on Monday. US gold futures for December delivery were also down 0.1% at $4,328.10. Traders are now pricing in a 92.4% c