Business
Dollar tracks Treasury yields lower on benign US data
May 16, 2025
Dollar tracks Treasury yields lower on benign US data
SINGAPORE: The dollar fell in tandem with U.S. Treasury yields on Friday after downside surprises on U.S. economic data this…
US wholesale prices dropped 0.5% last month despite President Trump’s tariffs
May 16, 2025
US wholesale prices dropped 0.5% last month despite President Trump’s tariffs
WASHINGTON: U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald…
Pakistan offers zero tariff bilateral trade agreement to US
May 15, 2025
Pakistan offers zero tariff bilateral trade agreement to US
In a major development, Pakistan has offered a zero tariff bilateral trade agreement to the United States, according to government…
ECC authorises shifting relief of Rs4.12 per litre in petrol, HSD prices
May 15, 2025
ECC authorises shifting relief of Rs4.12 per litre in petrol, HSD prices
ISLAMABAD: The Economic Coordination Committee (ECC) on Tuesday decided to transfer the Rs4.12 per litre relief from the price reduction…
Pakistan braces for $1.5bn payout as two bonds mature in next fiscal year
May 15, 2025
Pakistan braces for $1.5bn payout as two bonds mature in next fiscal year
ISLAMABAD: Pakistan’s upcoming budget for the fiscal year 2025-26 is projected to see a significant jump in external debt repayments…
Pakistan’s pharma market crosses Rs1 trillion mark amid price hikes
May 15, 2025
Pakistan’s pharma market crosses Rs1 trillion mark amid price hikes
ISLAMABAD: Pakistan’s retail pharmaceutical industry has witnessed a significant surge in sales, crossing the Rs1.049 trillion threshold for the 12…
Shares at PSX rebound as KSE-100 climbs above 119,000
May 15, 2025
Shares at PSX rebound as KSE-100 climbs above 119,000
KARACHI: Pakistan Stock Exchange (PSX) registered a significant recovery on Thursday after witnessing a bearish trend a day earlier. The…
APEC warns of stalling trade due to tariffs as China, US officials meet
May 15, 2025
APEC warns of stalling trade due to tariffs as China, US officials meet
SEOGWIPO, South Korea: The Asia-Pacific Economic Cooperation (APEC) grouping warned on Thursday that exports from a region that accounts for…
Sindh launches austerity drive to increase budget allocations for uplift projects
May 15, 2025
Sindh launches austerity drive to increase budget allocations for uplift projects
KARACHI: Sindh Chief Minister Syed Murad Ali Shah has started budget meetings to finalise development proposals and their allocations in…
Oil dives on US-Iran hopes as stocks surge stalls
May 15, 2025
Oil dives on US-Iran hopes as stocks surge stalls
LONDON: Oil tumbled nearly 4% as a potential US-Iran nuclear deal raised the prospect of increased global crude supply on…