Business

Dollar hovers ahead of PCE and tariff onslaught

Dollar hovers ahead of PCE and tariff onslaught

SINGAPORE: The dollar was headed for a steady week on Friday and a quarterly loss next week as concern about…
Myanmar rebels disrupt China rare earth trade, sparking regional scramble

Myanmar rebels disrupt China rare earth trade, sparking regional scramble

BANGKOK: When armed rebels seized northern Myanmar’s rare-earths mining belt in October, they dealt a blow to the country’s embattled…
Eidul Fitr 2025: PSX goes for week-long holidays on festive note

Eidul Fitr 2025: PSX goes for week-long holidays on festive note

KARACHI:  The Pakistan Stock Exchange (PSX) will resume trading on next Thursday after almost week-long Eidul Fitr holidays. Friday is…
PSX, CSE, and DSE partner to foster capital market cooperation

PSX, CSE, and DSE partner to foster capital market cooperation

COLOMBO: In a significant milestone for regional cooperation, the Pakistan Stock Exchange (PSX), Colombo Stock Exchange (CSE), and Dhaka Stock…
Pakistan’s foreign exchange reserves drop $540m on debt repayments

Pakistan’s foreign exchange reserves drop $540m on debt repayments

Pakistan’s liquid foreign exchange reserves retreated to $15.55 billion as of March 21, 2025 — a significant drop in the…
IMF allows Pakistan to reduce electricity tariff

IMF allows Pakistan to reduce electricity tariff

ISLAMABAD: The International Monetary Fund (IMF) has allowed the Pakistan government to reduce the electricity tariff by Rs1 per unit.…
Pakistan calls for more balanced model of globalisation

Pakistan calls for more balanced model of globalisation

ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb has called for inclusive and equitable globalisation to benefit the developing…
Analysis: IMF deal sealed — is growth next?

Analysis: IMF deal sealed — is growth next?

The IMF’s staff-level agreement (SLA) with the Pakistani authorities on the first review of the 37-month Extended Fund Facility (EFF),…
Major update on solar net metering tariff in Pakistan

Major update on solar net metering tariff in Pakistan

The federal government has delayed the implementation of its controversial decision to slash the buyback rates for solar net metering,…
Oil up on tighter supply risks

Oil up on tighter supply risks

TOKYO: Oil prices nudged higher on Thursday on concerns about tighter global supply after the US tariff threat on Venezuelan…
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