Business

Budget 2025-26: APCC approves Rs50bn for lawmakers’ development projects

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

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

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

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

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

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

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

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

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

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…
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