The International Monetary Fund headquarters building is seen in this picture taken on April 8, 2019. — ReutersMinistry of Finance issues official memorandum.Only disaster-related grants allowed without Parliament’s nod.Ministries must exhaust all options before seeking extra…
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Pak-Iran business ties to flourish fast, says Iranian parliament speaker

Speaker of the Iranian Parliament, Dr Mohammad Bagher Ghalibaf, meets Governor Sindh Kamran Tessori in Karachi. — Our Correspondent
Speaker of the Parliament of Iran, Mohammad Bagher Ghalibaf, expressed confidence that efforts to expand Iran-Pakistan trade will yield…
Crude oil jumps 6% as Iran strikes ships, ignites Emirati port, squeezes Hormuz flows

An employee demonstrates a sample of crude oil in the Yarakta Oil Field, owned by Irkutsk Oil Company , in Irkutsk Region, Russia, in this picture illustration taken March 11, 2019. — ReutersEscalation follows US pledge to force the shipping route open.Central banks turn more hawkish…
Gold hits record high in Pakistan as global prices surge

A representational image of gold bars and coins. — Reuters/File10-gramme gold jumps by Rs7,202.Global gold reaches $4,039 per ounce.Local silver price climbs by Rs55 per tola.
KARACHI: Gold prices in Pakistan reached an all-time high on Wednesday, mirroring a sharp…



