FLASHNEWS:

Day: August 28, 2025

U.S. Tariff Framework Spurs Call for Reforms in Pakistan

Karachi: Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum and Chairman of the National Business Group Pakistan, has hailed a new U.S. reciprocal tariff framework as a major opportunity for Pakistan’s export sector but …

Pak Elektron’s Earnings Surge with Robust Appliance Sales

Lahore: Pak Elektron Limited (PAEL) reported a significant increase in its second-quarter earnings for 2025, with earnings per share reaching Rs1.85, marking a 77% rise year-over-year and a 2.6-fold increase quarter-over-quarter. The results aligned w…

Rupee Plummets Against Major Currencies, Dollar Nears PKR 284

Islamabad: The Pakistani Rupee continued its downward spiral against major international currencies, with the US dollar nearing the PKR 284 mark in the open market on Saturday. Exchange companies reported the greenback trading between PKR 283.07 and P…