Gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain on October 8, 2025. — ReutersFederal Reserve chief confirms Justice Dept probe.Gold surges 1.6% to nearly $4,600 per ounce.Silver approached $85 per ounce; dollar falls by 0.2%.
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Cabinet approves 15% raise in EOBI pensions
An undated photo of the federal cabinet in Islamabad. — Radio Pakistan/File
In a sigh of relief for retired employees, the federal government approved a 15% increase in pensions under the Employees’ Old-Age Benefits Institution on Saturday.
Talking to journalists,…
PSX falls as US-Iran tensions, oil surge hit sentiment
Stockbrokers monitor share prices during a trading session at the Pakistan Stock Exchange in Karachi on April 8, 2026. — AFP KSE-100 Index closed at 172,196.7, down 1,742.31 points, or 1%.Index hit intraday high of 174,523.76, up 584.75 points, or 0.34%.Index recorded low of…
Pakistan ‘rejects’ LNG supply bids for May spot cargoes
This representational file photo shows a fisherman standing in his boat as a liquid natural gas tanker passes the coast near Havana. — Reuters/FileLowest bid for May 12-14 came in at $17.28 per mmbtu: sources.Lowest offer came in at $16.98 for May 24-26 window: sources.Pakistan LNG…