Business

Bank of Canada lifts rate to 2.5%

The Bank of Canada raised its key interest rate by a quarter point to 2.5% on Wednesday, its first hike in more than three years, as soaring energy prices push up inflation.

Oil climbs after Houthi refinery claim

Brent crude rose 1.3% to $115.36 a barrel on Wednesday after Yemen's Houthis claimed a missile strike on Saudi Arabia's biggest oil refinery, reviving fears over Middle East supply.

Govt mulls raising 200-unit power limit

Power Minister Awais Leghari told the Senate the government is working to end six months of higher electricity rates for consumers who cross 200 units by a single unit, and is considering raising the limit to 250 units.

Saudi Aramco nears $10bn bank loan

Govt, JI form panel on petroleum levy

KSE-100 up 1,030 points after rate hike

Pakistan policy uncertainty falls 24%

Pakistan, US agree to boost energy ties

SBP hikes policy rate to 12pc

Bill Moves to Merge Privatisation, P3A

Dar Orders Action on Rising Wheat Prices

Iran: Pakistan Border Open, No LPG Curbs

Pakistan Rejects $490m IsDB Loan Over Cost

Aurangzeb: No Consumption-Led Growth

World Bank Urges Pakistan to Push Growth

Karachi Industrial Park Made Federal SEZ

Petrol up Rs1.54, diesel Rs2.16 a litre

Wheat Price Set at Rs4,500/Maund for 2027

Karachi-Rohri $2.5bn Rail Track Set for 2027 Start

Brent Crude Climbs to $113.75 After Houthi Attacks on Saudi

Pakistan Must Reapply for EU GSP+ Status From 2027

PSX Sheds 2,007 Points as KSE-100 Slips Below 164,000

IMF Sees 1.3% Contraction for Region Including Pakistan

Pakistan Delays $2bn LNG Import as Winter Gas Crunch Looms

October Inflation Seen at 10%, Rate Call Splits Analysts

Thursday Fuel Prices: Petrol Down Rs2.71, Diesel Rises

Pakistan, US Near Trade Deal as Few Technical Points Remain