Money & Banking Sterling on track for weekly gain LONDON: Sterling was on track for a weekly gain versus the dollar on Friday, as currency traders look ahead to key... Published 20 May, 2024 05:44am
Money & Banking Dollar mostly flat as market mulls inflation outlook NEW YORK/LONDON: The dollar traded little changed against major currencies on Friday as market speculation continues... Published 18 May, 2024 05:45am
Money & Banking Australia, NZ dlrs fight to hold new range, China data a drag SYDNEY: The Australian and New Zealand dollars were looking to lock into a new higher trading range on Friday after... Published 18 May, 2024 05:45am
Money & Banking Indian rupee strengthens to highest in a fortnight, logs weekly rise MUMBAI: The Indian rupee closed higher on Friday after rising to its highest in two weeks, aided by likely... Published 18 May, 2024 05:45am
Money & Banking India’s foreign exchange reserves rise for second week MUMBAI: India’s foreign exchange reserves rose for a second consecutive week and stood at an over one-month high of... Published 17 May, 2024 06:14pm
Business & Economy Pakistan’s current account posts surplus of $491mn in April 2024 Overall, during 10 months of ongoing fiscal year, current account balance stands at deficit of $202mn Updated 17 May, 2024 07:43pm
Money & Banking SBP gives go-ahead for due diligence of Bank Alfalah Bangladesh to Bank Asia Bank Alfalah intends to sell its operations in Bangladesh to Bank Asia Updated 17 May, 2024 05:13pm
Companies PayFast goes live with Raast P2M Payments PayFast, Pakistan’s leading and commercially licensed payment service provider (PSP), has achieved another milestone... Updated 17 May, 2024 05:20pm
Money & Banking HABIBMETRO organises roadshow on economic insights HABIBMETRO organised its Economic Insights Treasury Roadshow: ‘Changing Dynamics of Pakistan’s Economy Amidst a... Published 17 May, 2024 12:29pm
Money & Banking Significant rise in mobile banking malware, cryptocurrency-related phishing ISLAMABAD: A leading cybersecurity company has detected significant increase in mobile banking malware and... Published 17 May, 2024 05:50am
Money & Banking Debt Card, ATM services: Euronet partners with JS Bank KARACHI: JS Bank has partnered with Euronet Pakistan, a division of Euronet Worldwide and a global payment ... Published 17 May, 2024 05:50am
Money & Banking Dollar rebounds on hot US import prices NEW YORK: The dollar rose on Thursday after data showed US import prices increased 0.9% last month, a jump that... Published 17 May, 2024 05:50am
Money & Banking China’s yuan firmer against dollar SHANGHAI: China’s yuan firmed on Thursday, as the US dollar was broadly sold off after a better-than-expected... Published 17 May, 2024 05:50am
Money & Banking Asian currencies: Malaysian ringgit, Thai baht hit multi-month highs BENGALURU: Most emerging Asian currencies gained ground against a weakening greenback on Thursday and stocks also... Published 17 May, 2024 05:50am
Forex SBP-held foreign exchange reserves increase $15mn, now stand at $9.13bn Total liquid foreign reserves held by the country stand at $14.62 billion Updated 16 May, 2024 10:28pm
Money & Banking Risk Associates announces Meezan Bank’s certification with PCI 3DS standard KARACHI: Risk Associates, Pakistan’s leading PCI Qualified Security Assessor (QSA), has recently announced Meezan... Published 16 May, 2024 06:28am
Money & Banking Dollar slides after US CPI data NEW YORK: The dollar fell on Wednesday after US consumer prices rose less than expected in April, indicating... Published 16 May, 2024 06:28am
Money & Banking Freelancers and IT exporters: BankIslami launches exclusive priority banking lounge KARACHI: BankIslami, a leading financial institution announced the opening of its exclusive priority banking lounge... Published 16 May, 2024 06:29am
Money & Banking Fed gets some good news on inflation progress Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some... Published 15 May, 2024 08:53pm
Money & Banking China’s yuan edges up SHANGHAI: China’s yuan edged higher on Wednesday, as a report of a possible plan to ease the country’s housing... Published 16 May, 2024 06:28am
Money & Banking Asian currencies: Malaysian ringgit hits 2-month high BENGALURU: Asian currencies eked out modest gains on Wednesday while stocks were mixed as investors braced for a key... Published 16 May, 2024 06:28am
Money & Banking HDFC Bank, consumer stocks weigh on Indian shares BENGALURU: Indian shares closed lower on Wednesday, dragged by top private lender HDFC Bank and consumer stocks,... Published 16 May, 2024 06:28am
Money & Banking FBL inaugurates regional head office & flagship branch in Multan MULTAN: Faysal Bank Limited (FBL) Pakistan’s fastest growing Islamic bank, inaugurated its Multan Regional Head... Published 16 May, 2024 06:28am
Money & Banking Al Baraka Bank (Pakistan) organises webinar to enhance exports of Pakistan KARACHI: Al Baraka Bank (Pakistan) Limited organized 2nd Webinar for Al Baraka Group (ABG) Inter-Franchise... Published 15 May, 2024 05:47am
Money & Banking BoK signs agreement with SKMCH PESHAWAR: Bank of Khyber (BoK) signed an agreement with Shaukat Khanum Memorial Cancer Hospital (SKMCH) for access ... Published 15 May, 2024 05:47am
Money & Banking Dollar slips after unexpected rise in US producer prices NEW YORK: The dollar edged lower on Tuesday following an unexpected increase in US producer prices in April amid... Published 15 May, 2024 05:47am
Money & Banking Yuan lingers near 2-week low SHANGHAI: China’s yuan hovered near a two-week low on Tuesday against a steady dollar, with investors awaiting an... Published 15 May, 2024 05:47am
Money & Banking US Fed’s Powell expects inflation to fall, though not as confident as before AMSTERDAM: Federal Reserve Chair Jerome Powell said on Tuesday he expects U.S. inflation to resume declining through... Published 14 May, 2024 08:48pm
Business & Economy Political uncertainty impacting Pakistan economy, says SBP Policy, structural challenges need to be addressed as necessary tailwind, says central bank in half-year report Updated 14 May, 2024 10:50pm
Money & Banking BoK inaugurates sub-branch at UOM PESHAWAR: Bank of Khyber (BoK) announced the inauguration of its state-of-the-art sub-branch at University of... Published 14 May, 2024 05:18am