Business
Budget 2025-26: APCC approves Rs50bn for lawmakers’ development projects
June 2, 2025
Budget 2025-26: APCC approves Rs50bn for lawmakers’ development projects
The Annual Plan Coordination Committee (APCC) on Monday approved macroeconomic targets for the next fiscal year, proposing a GDP growth…
China rejects Trump’s accusation that it breached Geneva trade deal
June 2, 2025
China rejects Trump’s accusation that it breached Geneva trade deal
China said on Monday that US President Donald Trump’s accusations that Beijing had violated the consensus reached in Geneva trade…
Bullish trend continues as PSX crosses 120,000 mark
June 2, 2025
Bullish trend continues as PSX crosses 120,000 mark
KARACHI: The Pakistan Stock Exchange (PSX) maintained its gaining streak on Monday as investors’ sentiments remain positive as they are…
IATA airlines body cuts 2025 global profit forecast over trade tensions and supply woes
June 2, 2025
IATA airlines body cuts 2025 global profit forecast over trade tensions and supply woes
Global airlines shaved a key forecast for 2025 industry-wide profits on Monday, blaming trade tensions and declining consumer confidence, while…
US dollar declines as traders assess tariff outlook
June 2, 2025
US dollar declines as traders assess tariff outlook
TOKYO: The U.S. dollar edged lower on Monday, giving back some of its gains from last week, as markets weighed…
Oil rebounds after OPEC plus sticks to same output hike in July versus June
June 2, 2025
Oil rebounds after OPEC plus sticks to same output hike in July versus June
SINGAPORE: Oil prices rebounded more than $1 a barrel on Monday after OPEC+ decided to increase output in July by…
South Korea to minimise impact of 50pc tariff on steel products, ministry says
June 2, 2025
South Korea to minimise impact of 50pc tariff on steel products, ministry says
SEOUL: South Korea’s Industry Ministry said on Monday it will respond to the looming 50% U.S. tariff on steel products…
IMF questions Pakistan’s decision to allocate electricity for Bitcoin mining, AI projects
May 31, 2025
IMF questions Pakistan’s decision to allocate electricity for Bitcoin mining, AI projects
ISLAMABAD: The International Monetary Fund (IMF) has expressed concern over the government’s decision to supply electricity to Bitcoin mining and…
Pakistan Railways earns record Rs83 billion in 11 months
May 31, 2025
Pakistan Railways earns record Rs83 billion in 11 months
LAHORE: Pakistan Railways has achieved a historic milestone by generating an unprecedented revenue of Rs83 billion during the first eleven…
No ban on cryptocurrencies, clarifies SBP
May 31, 2025
No ban on cryptocurrencies, clarifies SBP
The State Bank of Pakistan (SBP) clarified that it has never declared virtual assets (VAs), including cryptocurrencies as illegal. In…