Business
China ramps up stimulus to guard economy from changes ‘unseen in a century’
March 5, 2025
China ramps up stimulus to guard economy from changes ‘unseen in a century’
BEIJING: China unlocked more fiscal stimulus on Wednesday, promising greater efforts to support consumption and cushion the impact of an…
Trudeau slams Trump for starting a trade war with Canada while appeasing Putin
March 5, 2025
Trudeau slams Trump for starting a trade war with Canada while appeasing Putin
TORONTO: Canadian Prime Minister Justin Trudeau on Tuesday called American tariffs “very dumb” and said that U.S. President Donald Trump…
Price of gold in Pakistan sees another increase
March 5, 2025
Price of gold in Pakistan sees another increase
The price of gold in Pakistan witnessed a further increase on Wednesday, reflecting global market trends. In the local market,…
Oil falls as OPEC plus plans to raise output, US tariffs hammer sentiment
March 5, 2025
Oil falls as OPEC plus plans to raise output, US tariffs hammer sentiment
Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined…
AC use surged in 2024 heatwaves, straining grids, fuelling fossil demand
March 5, 2025
AC use surged in 2024 heatwaves, straining grids, fuelling fossil demand
In 2024, extreme heatwaves in India, China, and the US triggered a massive surge in the use of air-conditioning (AC)…
Planning Ministry submits Green Pakistan Initiative report to IMF
March 4, 2025
Planning Ministry submits Green Pakistan Initiative report to IMF
ISLAMABAD: The Ministry of Finance and Ministry of Planning officials briefed the visiting International Monetary Fund (IMF) delegation during an…
China to impose extra tariffs of 10%-15% on various US products
March 4, 2025
China to impose extra tariffs of 10%-15% on various US products
BEIJING: China on Tuesday swiftly retaliated against fresh US tariffs, announcing 10%-15% hikes to import levies covering a range of…
Stock market rebounds as investors await key economic decisions
March 4, 2025
Stock market rebounds as investors await key economic decisions
The stock market rebounded on Tuesday, as investors weighed the latest economic data and anticipated upcoming monetary policy decisions. The…
Trade deficit soars past $2bn amid drop in exports
March 4, 2025
Trade deficit soars past $2bn amid drop in exports
ISLAMABAD: The country’s trade deficit has reached $2.3 billion after witnessing an increase of 33.4% to in February 2025, up…
Trade wars erupt as Trump hits Canada, Mexico, China with steep tariffs
March 4, 2025
Trade wars erupt as Trump hits Canada, Mexico, China with steep tariffs
WASHINGTON: US President Donald Trump’s new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with…