Karachi, December 17, 2025 – The Pakistan Stock Exchange (PSX) experienced a volatile trading session on Wednesday as the benchmark KSE-100 index closed down by 133 points, reflecting mixed investor sentiment across key sectors. The index settled at 170,314 points, slightly below the previous day’s close of 170,447 points.
(more…)Author: Faisal Shahnawaz
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Government initiates lithium-ion battery policy to boost local manufacturing
Islamabad, December 17, 2025: The Government of Pakistan has launched efforts to formulate a comprehensive lithium-ion battery policy aimed at promoting domestic production and reducing import dependence. The initiative was discussed in a high-level meeting chaired by Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, on Wednesday.
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Steve Smith ruled out of third Ashes Test, Usman Khawaja to replace him
Australia have suffered a major setback ahead of the third Ashes Test against England, with star batter Steve Smith ruled out due to illness.
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Profit-taking erodes PSX gains; KSE-100 Index falls 294 points
Karachi, December 16, 2025 — The Pakistan Stock Exchange (PSX) saw profit-taking on Tuesday, which offset early gains and led to a decline of 294 points in the benchmark KSE-100 index. The index closed at 170,447 points, down from Monday’s finish of 170,741 points.
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Toyota to Expand EV Lineup with Electric C-HR by 2027
Toyota has confirmed plans to strengthen its electric vehicle (EV) strategy in Australia with the introduction of the all-new, all-electric Toyota C-HR, scheduled to arrive in mid-2027.
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Jazz confirmed as new acquirer of TPL Insurance
Karachi, December 16, 2025 — Jazz International Holding Limited has officially been confirmed as the new acquirer of shares and control of TPL Insurance Limited, replacing the previously announced VEON Group Holding Company Ltd and its affiliates.
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Jetour Pakistan Introduces Zero Markup Financing Offer
Jetour Pakistan has announced an attractive new financing campaign aimed at making SUV ownership easier and more affordable for customers across the country.
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Shoaib Akhtar backs Bangladesh’s chances in T20 World Cup 2026
Shoaib Akhtar, Pakistan’s legendary pacer, has expressed strong confidence in Bangladesh’s potential at the upcoming ICC Men’s T20 World Cup 2026, highlighting the team’s emerging pace attack as a key factor in their success.
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SBP issues daily interbank foreign exchange rates – December 16, 2025
Karachi, December 16, 2025 — The State Bank of Pakistan (SBP) has released the latest interbank foreign exchange rates for Tuesday to assist banking customers, traders, and businesses in carrying out foreign currency transactions. These rates are based on the weighted average of exchange rates provided by commercial banks across the country.
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Minister dispatches delegation to resolve goods transporters’ strike
Islamabad, December 15, 2025 — Federal Minister for Communications Abdul Aleem Khan has directed a high-level delegation to engage with the Pakistan Goods Transport Alliance (PGTA) in a bid to resolve the ongoing goods transporters’ strike, which has entered its eighth consecutive day and is disrupting economic activity across the country.
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