Pakis-tan’s power-market reforms must translate into a commercially viable, reliable and transparent energy system if the country’s export-oriented textile sector is to remain competitive while meeting growing demands for energy efficiency, renewable-energy integration and industrial decarbonisation. Stakeholders expressed these views during a dialogue titled “Threads of Accountability: Traceab
Oil prices slid to their lowest in more than a week on Monday on hopes diplomacy in the Iran war will get a chance this week amid a UN meet and as investors eyed a partial recovery in shipments from Saudi Arabia despite ongoing attacks by Yemen’s Houthis. Brent crude futures and US West Texas Intermediate crude touched their lowest since September 10 earlier on Monday, with Brent at $101.71 a
Gold prices slipped on Monday as market participants assessed developments in the Middle East and their implications for inflation and interest rates. Spot gold fell 0.3% to $4,362.60 per ounce by 0417 GMT after hitting a one-week high on Friday. US gold futures were down 0.6% at $4,400.20. Iran and the United States exchanged new threats, with President Donald Trump warning Iran would fa
Pakistan Stock Exchange (PSX) recovered on Thursday as a dip in international oil prices improved risk appetite, lifting the benchmark KSE-100 index over 1,000 points to around 169,050. At the close of trading, the KSE-100 index posted a rise of 1,021.40 points, or 0.61%, and settled at 169,043.20. Pakistan's stock market found modest relief after a correction in oil prices lifted risk appet
Pakistan’s benchmark KSE-100 Index recovered strongly on Thursday, gaining 1,021.39 points or 0.61% to close at 169,043.19, as broad-based buying in exploration, banking and cement stocks lifted investor sentiment. The positive momentum came amid a decline in oil prices as concerns over potential supply disruptions eased after Saudi Arabia began arranging alternative crude shipments following a