Business
World’s supply of critical minerals for clean energy is concentrated in fewer countries
May 21, 2025
World’s supply of critical minerals for clean energy is concentrated in fewer countries
FRANKFURT: The world’s sources of critical minerals are increasingly concentrated in just a few countries, most notably China, leaving the…
Oil rises 1pc on reports Israel preparing strike on Iranian nuclear facilities
May 21, 2025
Oil rises 1pc on reports Israel preparing strike on Iranian nuclear facilities
Oil prices jumped more than 1% on Wednesday after reports Israel is preparing a strike on Iranian nuclear facilities, raising…
PM Shehbaz orders swift implementation of FBR reforms, anti-tax evasion measures
May 20, 2025
PM Shehbaz orders swift implementation of FBR reforms, anti-tax evasion measures
ISLAMABAD: The government plans to introduce a National Targeting System in the country to prevent sales tax evasion and curb…
IMF urges Pakistan to impose Rs5 carbon levy on petrol, diesel from July 1
May 20, 2025
IMF urges Pakistan to impose Rs5 carbon levy on petrol, diesel from July 1
ISLAMABAD: The International Monetary Fund (IMF) has called on the Government of Pakistan to introduce Rs5 per litre carbon levy…
U.K. suspends free trade talks with Israel and announces sanctions over West Bank settlers
May 20, 2025
U.K. suspends free trade talks with Israel and announces sanctions over West Bank settlers
LONDON: The British government says it is suspending free trade negotiations with Israel and has leveled new sanctions targeting West…
PSX slides ahead of budget as investors turn cautious
May 20, 2025
PSX slides ahead of budget as investors turn cautious
The capital market fell sharply on Tuesday as market participants adopted a cautious stance ahead of the upcoming federal budget.…
FPCCI urges govt to review new tax law
May 20, 2025
FPCCI urges govt to review new tax law
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called on the federal government to review Income…
G7 finance leaders seek non-tariff consensus in Canada, may face US pushback
May 20, 2025
G7 finance leaders seek non-tariff consensus in Canada, may face US pushback
WASHINGTON/BANFF: Finance leaders from the Group of Seven industrialized democracies will strive for unity on non-tariff issues when they meet…
Indian boycott of Turkish products grows
May 20, 2025
Indian boycott of Turkish products grows
Small Indian grocery shops and major online fashion retailers are boycotting Turkish products ranging from chocolates, coffee, jams and cosmetics…
Dollar set for more weakness as ‘Brand USA’ falls further out of favor
May 20, 2025
Dollar set for more weakness as ‘Brand USA’ falls further out of favor
NEW YORK: Trade-related uncertainties, ballooning fiscal debt and weakened confidence about enduring U.S. exceptionalism have weighed on U.S. assets, with…