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Islamabad, The Karachi Stock Exchange (KSE-100) index experienced a tumultuous trading session, ultimately closing at 56,666, marking a modest increase of 142 points from the previous day. Trading volumes registered at 524 million shares, a decline fro...

The post Pakistan Market Exhibits Mixed Signals, KSE-100 Indicates Consolidation appeared first on Pakistan Business News.

Washington, The Federal Communications Commission (FCC) recently finalized a rulemaking that has drawn criticism from the U.S. Chamber of Commerce. Neil Bradley, the Chamber's Executive Vice President and Chief Policy Officer, expressed concern over th...

The post U.S. Chamber of Commerce Criticizes New FCC Rule for Broadband Management appeared first on Pakistan Business News.

Karachi, In a significant move in the world of sports sponsorships, vivo, a leading smartphone manufacturer, has announced its official partnership with the UEFA EURO 2024 football tournament, set to be held in Germany. The company will serve as both t...

The post vivo Becomes Official Partner and Smartphone Provider for UEFA EURO 2024 appeared first on Pakistan Business News.

Karachi: Habib Bank Limited (HBL) and the Bank of China (BOC) have formalized a strategic partnership through the signing of a Memorandum of Understanding (MoU) at the BOC headquarters in Beijing, China. The agreement was represented by Liu Jin, Vice C...

The post HBL and Bank of China Partner to Boost Regional Trade with Strategic Cooperation appeared first on Pakistan Business News.

Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of their stabilization program under Pakistan’s Stand-By Arrangement.This was disclosed in a statement issued by the IMF at the conclusion of d...

Prime Minister Anwaar-ul-Haq Kakar has reaffirmed government's enduring commitment to the reform efforts agreed with the IMF aimed at stabilizing the Pakistan's economy.He expressed this resolve while talking to IMF Mission Chief Nathan Porter and IMF...

Karachi: Since its listing in 2007, the AL Habib Income Fund has consistently delivered solid results. For the year ending in June 2023, the fund showed an offer price of Rs 110.58 and a redemption price of Rs 109.49. It distributed Rs 5.4896 per unit...