Marking a new chapter in Pakistan–Türkiye energy collaboration, Pakistan Petroleum Limited (PPL), a major energy company in the country, has finalised the Assignment Agreement for Eastern Offshore Indus Block C. PPL disclosed the development in its filing to the Pakistan Stock Exchange (PSX) on Wednesday. “PPL is pleased to announce the execution of the Assignment Agreement for Eastern Offsh
Pakistan's stock market is expected to extend its record-breaking rally into next year, with analysts at Taurus Securities projecting that the KSE-100 index may surpass 200,000 points by December 2026, supported by strong corporate earnings, improved investor confidence, and continued policy anchoring under the IMF programme. The bullish forecast builds on the index's performance in 2025, as th
By this time, many articles and commentaries have been published on the IMF report "Pakistan Governance and Corruption Diagnostic Assessment". As already well understood before this report was issued, we do have systemic corruption and governance weaknesses that suppress investment, distort markets, undermine revenue collection, and perpetuate economic fragility. We have been advocating that st
Pakistan's auto industry has expressed its dismay over the rising import of used cars, which is said to have caused a loss of Rs50 billion during the last one year. Pakistan is the only auto manufacturing country in Asia where used vehicles swallow a significant part of the market, accounting for nearly 25% of domestic sales between December 2024 and December 2025. In comparison, the share o
Bitcoin fell below $90,000 on Monday as a sell-off gathered pace following the steepest monthly decline since mid-2021 and as renewed risk aversion drove investors out of stocks and digital assets. The world's largest cryptocurrency fell 6.1% at one point. By 1120 GMT, it was down 5.2% at $86,461, set for its biggest one-day fall in a month and hovering near last month's eight-month low of $80,