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Pakistan offers Bangladesh expertise in managing energy crisis amid Mideast conflict
Tue, 03 Nov 2026 15:36:00 +05:00

Petroleum Minister Ali Pervaiz Malik holds a meeting with Adviser on Finance of Bangladesh Rashed Al Mahmud Titumir on November 2, 2026 in Islamabad. — X/@PakinBangladeshPetroleum Minister meets Bangladeshi adviser in Islamabad.Both sides discuss strategies to manage energy...

'Fuel of the poor': LPG soars in Pakistan, forcing rickshaw drivers to cut meals
Tue, 03 Nov 2026 13:28:08 +05:00

Hameed Khan, 40, fills a cylinder with liquefied petroleum gas at his shop in Lahore, October 30, 2026. ─ Reuters

For 13 years, Rashid Ali has driven a three-wheeled motorised rickshaw around Lahore.

His day starts at 6am and sometimes does not end until...

Binance clients pull $4.7bn after hack as crypto world studies fallout
Mon, 02 Nov 2026 22:59:00 +05:00

Representations of cryptocurrencies are seen in front of displayed Binance logo in this illustration taken November 10, 2022. — Reuters

Binance's customers have withdrawn a net $4.72 billion from the world's biggest cryptocurrency exchange since it reopened, after hackers stole...

Oil prices sink on US-Iran detente hopes ahead of midterms
Mon, 02 Nov 2026 21:10:00 +05:00

A man walks next to pumpjacks in Rmelan, Syria, February 9, 2026. — ReutersIran offers to reopen Strait of Hormuz, if conditions met.Pezeshkian says Khamenei authorised govt for US talks.Energy shares decline as gas prices also fall.

Oil prices sank more than 6% on Monday, the...

Provision of loans to SMEs top priority of govt: PM Shehbaz
Mon, 02 Nov 2026 20:54:00 +05:00

Prime Minister Shehbaz Sharif chairs a review meeting on facilitation of credit provision to priority sectors, Islamabad, November 2, 2026. — X/@PakPMOPM urges banks to accelerate lending to priority sectors.Apna Ghar scheme secures Rs511bn in approved loans.Premier directs SBP, FBR to...

New mechanism allowed govt to keep petrol price Rs15 cheaper: minister
Mon, 02 Nov 2026 18:08:00 +05:00

Information Minister Attaullah Tarar and Petroleum Minister Ali Pervaiz Malik address a joint press conference on November 2, 2026. — YouTube/Geo News/screengrab Petrol premium surged from $5 to $20.Refineries helped absorb Rs15 per litre increase.Minister says...

B57+ Business Leaders' Summit advances great convergence, mobilising OIC capital for Global South resilience
Mon, 02 Nov 2026 16:15:47 +05:00

Panelists engage in a key discussion during B57+ Business Leaders' Summit 2026 in Istanbul, Turkiye. — Geo News

The B57+ Business Leaders’ Summit 2026 concluded in Istanbul, Türkiye, bringing together senior institutional leaders, policymakers, investors and business representatives...

Govt revises petrol pricing formula amid US-Iran war
Sun, 01 Nov 2026 21:14:00 +05:00

An employee fills the tank of a motorbike at a fuel station in Islamabad on June 16, 2025. — AFPPSO’s actual cargo cost to determine import price.Refineries’ key pricing components frozen at pre-war levels.Existing Rs80 per litre petroleum levy remains unchanged.

ISLAMABAD:...

LPG 'crisis' grips Pakistan ahead of winter; prices climb as high as Rs700 per kg
Sun, 01 Nov 2026 19:11:00 +05:00

A man carries an LPG cylinder in this file photo. — ReutersLPG unavailable at official Rs294 per kg.Prices reach Rs700 per kg in Balochistan.Petroleum minister assures ample gas supply in winter.

Pakistan is facing a severe liquefied petroleum gas shortage ahead of winter as...

World Bank approves $150m programme to improve municipal services in Sindh
Sun, 01 Nov 2026 19:04:00 +05:00

Karachi Metropolitan Corporation's building in Karachi. — APP/FileProgramme targets improved property tax collection.Karachi's annual property tax target rises to $85m.70% of property tax revenue to fund local services.

The World Bank has approved $150 million in financing for...

FBI says North Korea behind $6bn crypto theft from Binance
Sun, 01 Nov 2026 10:46:00 +05:00

Binance logo is seen in this illustration taken March 31, 2023. — ReutersRubioTrump casts doubt on N Korea's alleged involvement in heist.Hack triggers sharp crypto sell-off, with Bitcoin falling nearly 5%.Binance expects to resume suspended user withdrawals today.

The FBI on Saturday...

Pakistan faces winter gas crisis as Qatar extends LNG force majeure
Sat, 31 Oct 2026 13:43:00 +05:00

A photo of a liquefied natural gas tanker. — AFP/FileQatarEnergy extends force majeure on LNG supplies until December.Shortfall could trigger supply crunch for power, industrial sectors.Household gas demand in Punjab and KP projected to rise threefold.

Pakistan is heading...

Crypto faces billion-dollar reckoning as Binance mega-hack exposes security gaps
Sat, 31 Oct 2026 06:24:40 +05:00

Representations of cryptocurrencies are seen in this illustration, August 10, 2022. — Reuters

Record hack at Binance shows urgent need to address crypto security.US moves to integrate crypto with financial system raise stakes in big hacks.Coinbase adjusts offline crypto-key...

Hackers steal $6.3 billion from Binance in record heist blamed on North Korea
Fri, 30 Oct 2026 09:51:34 +05:00

This illustration shows representations of cryptocurrencies in front of a displayed Binance logo, taken November 10, 2022.— ReutersBinance says exchange will cover all hacking losses.North Korean hackers behind Binance attack: US analysts.Breach could prompt investors to reevaluate...

Google shares slide as Alphabet's rising AI costs unsettle investors
Fri, 30 Oct 2026 01:46:52 +05:00

A Google logo is seen at a company research facility in Mountain View, California, U.S., May 13, 2025. — Reuters

Alphabet's sell-off helps drag Nasdaq down 1.4%.Alphabet loses around $480bn in market value.Pichai defends long-term investment plans amid worries.

Govt seeks solutions to improve export financing for SMEs
Thu, 29 Oct 2026 14:52:30 +05:00

Minister of State for Finance Bilal Azhar Kayani chairs a consultative meeting on enhancing SME exports, improving access to export finance and addressing challenges faced by small and medium-sized exporters in Islamabad, October 29, 2026. — Geo News

Minister of State for...

Govt mulls setting up construction industry development authority to strengthen sector
Thu, 29 Oct 2026 10:41:15 +05:00

Labourers are busy with their work during the construction of the building on Canal Road in Faisalabad on May 20, 2023. — OnlineCIDA bill requires cabinet and parliamentary approval.Govt plans to adopt FIDIC standards for construction projects.Govt plans phased extension of liability...

US keeps rates unchanged as strong growth and stubborn inflation complicate outlook
Thu, 29 Oct 2026 04:09:18 +05:00

US Federal Reserve Chairman Kevin Warsh holds a press conference in Washington on October 28, 2026 following a two-day meeting of the Federal Open Market Committee. —ReutersFederal Reserve holds policy rate steady in 3.75%-4.00% range.Coming data expected to show price pressures are...

PM Shehbaz sets November deadline for AI-related projects under Alibaba partnership
Wed, 28 Oct 2026 17:49:00 +05:00

Prime Minister Shehbaz Sharif chairs a meeting to review progress on AI and digitalisation initiatives and cooperation with Alibaba Group in Islamabad on October 28, 2026. — PIDAI-based cancer diagnosis pilot project to be expedited.Ogra to use AI tools to monitor petroleum supply...

Pakistan plans $500m Panda bond without ADB, AIIB guarantees
Tue, 27 Oct 2026 12:55:41 +05:00

A customer holds a 100 Yuan note at a market in Beijing, August 12, 2015. — ReutersPartial refinancing leaves $1.3bn in Chinese loans unreplenished.Debut Panda bond raised 1.75bn yuan for green infrastructure.Second tranche could take total Panda bond proceeds above $750m.

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