Business
Saudi cabinet approves MoU with Pakistan to combat financial crimes
February 6, 2025
Saudi cabinet approves MoU with Pakistan to combat financial crimes
ISLAMABAD: Saudi Arabia’s cabinet, chaired by Crown Prince Mohammed bin Salman, has approved a memorandum of understanding (MoU) with Pakistan’s…
Dollar slumps to eight-week low vs yen as trade war risk recedes
February 6, 2025
Dollar slumps to eight-week low vs yen as trade war risk recedes
TOKYO: The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling…
Oil pares losses after Saudi price increase
February 6, 2025
Oil pares losses after Saudi price increase
BEIJING: Oil prices ticked up in early Asian trading on Thursday, steadying from a sell-off the previous day after Saudi…
China challenges Trump tariffs at WTO as package shippers warn of chaos
February 6, 2025
China challenges Trump tariffs at WTO as package shippers warn of chaos
WASHINGTON: China filed a World Trade Organization complaint on Wednesday against U.S. President Donald Trump’s new 10% tariff on Chinese…
Gold price in Pakistan drops after reaching record high
February 6, 2025
Gold price in Pakistan drops after reaching record high
After reaching an all-time high rate close to Rs300,000 per tola, the price of gold in Pakistan saw a decline…
100-index falls below 110,000 points, continuing downtrend in stock market
February 6, 2025
100-index falls below 110,000 points, continuing downtrend in stock market
Pakistan Stock Exchange (PSX) is experiencing continued decline, with the Hundred Index falling by more than 1,000 points. As of the…
India to review tariff surcharge on luxury goods, renewables, chemicals amid US pressure
February 5, 2025
India to review tariff surcharge on luxury goods, renewables, chemicals amid US pressure
NEW DELHI: India is set to review import tariffs on over 30 items including luxury cars and solar cells, potentially…
Nepra imposes Rs63m fines on power firms over regulatory violations
February 5, 2025
Nepra imposes Rs63m fines on power firms over regulatory violations
ISLAMABAD: Fines totalling Rs63 million have been imposed by the National Electric Power Regulatory Authority (Nepra) on multiple power distribution…
Pakistan’s public debt surges by Rs8.3tr in one year
February 5, 2025
Pakistan’s public debt surges by Rs8.3tr in one year
ISLAMABAD: Despite making progress in reducing the debt trajectory, the government has failed to meet the overall public debt reduction…
Estimated Rs5.55tr trade discrepancy exposed
February 5, 2025
Estimated Rs5.55tr trade discrepancy exposed
ISLAMABAD: An estimated discrepancy of Rs5.5 trillion has been detected in Pakistan’s trade with China over the past five years…