Business

Trudeau slams Trump for starting a trade war with Canada while appeasing Putin

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

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

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

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

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

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

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

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

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…
Sri Lanka should avoid tax exemptions, focus on passing budget, IMF says

Sri Lanka should avoid tax exemptions, focus on passing budget, IMF says

COLOMBO: Sri Lanka should avoid tax exemptions and focus on passing a national budget that is in line with parameters…
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