An oil tanker is seen at the Jose refinery cargo terminal in Venezuela. — Reuters/FileAnalysts warn inventories could tighten, pushing prices higher.Nikkei eases, S&P futures down ahead of Nvidia results.Mounting inflation concerns keep bonds on back foot.Oil led gains on Monday…
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Limited triggers, profit-taking drive pullback at PSX

Broker is busy in trading at the Pakistan Stock Exchange in Karachi on Wednesday, October 23, 2024. — PPIKSE-100 Index closed at 164,590.41 points, down 1,962.86 points, or -1.18%.Session low was recorded at 164,395.38, down 1,962.86 points, or -1.18%.The index recorded an intraday…
World Bank projects Pakistan’s GDP growth at 3% for FY26

A labourer delivers packs of fabrics to a market in Karachi. — ReutersEconomic outlook tempered by recent floods: World BankLender stresses implementation of priority fiscal reforms.Urges market-determined exchange rate, stronger trade finance.
ISLAMABAD: The…
SBP permits bank accounts for licensed virtual asset providers

An undated image of the State Bank of Pakistan building in Karachi. — AFP/FileBanks may open accounts after PVARA verification.Separate client money accounts made mandatory.AML and compliance rules remain strict.
The State Bank of Pakistan has allowed financial institutions to open…




