Money & Banking SBP gives go-ahead to Bank Alfalah to conduct due diligence of Samba Bank The State Bank of Pakistan (SBP) has granted its approval to Bank Alfalah Limited, one of Pakistan’s largest... Published 20 May, 2024 12:17pm
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
Companies 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
