Pakistan Stock Exchange (PSX) delivered a standout performance today as the benchmark index surged to a fresh all-time high and closed at a record level of 182,408 points, firmly holding above the 182,000 mark. Investor confidence remained strong throughout the session, keeping momentum decisively on the upside. During the day, the index touched an intraday…
ISLAMABAD: Federal Minister for National Food Security and Research Rana Tanveer Hussain on Friday inaugurated speed breeding facilities for wheat and pulses at the National Agricultural Research Centre (NARC), Islamabad, a move aimed at accelerating crop improvement and addressing food security challenges, according to an official statement. The speed breeding technology enables crops to be…
WASHINGTON: President Donald Trump on Friday blocked US photonics firm HieFo Corp’s $3 million acquisition of assets in New Jersey-based aerospace and defence specialist Emcore, citing national security and China-related concerns. In an order released by the White House, Trump said HieFo was “controlled by a citizen of the People’s Republic of China” and that…
Gold prices recorded a sharp increase on Monday, rising in both international and domestic markets following a strong jump in global rates. In the international bullion market, the price of gold rose by $92 per ounce to reach $4,424 per ounce. The surge was reflected in local bullion markets, where the price of 24-carat gold…
HOUSTON: A day after President Nicolas Maduro said Venezuela was open to negotiating a deal with the United States to combat drug trafficking, an allegation for which US President Donald Trump has provided no evidence, the US military carried out a large-scale air strike on Venezuela and captured President Maduro on Saturday. The developments have…
KSE-100 Index closed at 182,408.23 points, up 3,373.3 points, or 1.88%. Index hit intraday high of 183,964.37, up 4,929.44 points, or 2.75%. KSE-100 touched a low of 179,535.46, still up 500.53 points, or 0.28%. The equity market rose on Monday, extending the New Year rally as investors leaned into asset-allocation flows and easing macro signals,…
ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has called for urgent reforms in the fisheries sector, saying reliable energy supply and lower input costs are critical to boosting exports and generating sustainable revenue. Speaking at a meeting, the minister said persistent electricity shortages and high energy prices were constraining production and eroding…
ISLAMABAD: Punjab sugar mills have produced 1.36 million metric tons of sugar during the first 45 days of the ongoing crushing season as all 41 operational mills in the province processed a total of 15.06 million metric tons of sugarcane by December 31, 2025. According to data obtained by Wealth Pakistan from the office of…
ISLAMABAD: Year 2026 could be a defining period for Pakistan’s economy. After the hard-won stabilisation of 2025, the country faces a clear test: whether stability can be converted into lasting progress. For more than a decade, GDP growth has barely kept pace with population growth, leaving incomes stagnant and widening the gap with regional peers….