Business
Indonesia’s economy expands 5pc in 2024, more rate cuts seen in bumpy 2025
February 5, 2025
Indonesia’s economy expands 5pc in 2024, more rate cuts seen in bumpy 2025
JAKARTA: Indonesia’s economy grew 5.03% in 2024, roughly similar to the previous year’s rate and in line with expectations, but…
Trump’s tariff tactics carry higher economic risks than during his first term
February 5, 2025
Trump’s tariff tactics carry higher economic risks than during his first term
WASHINGTON: When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of…
Oil little changed as market shrugs off China tariffs but Iran pressure supports
February 5, 2025
Oil little changed as market shrugs off China tariffs but Iran pressure supports
Oil prices were little changed on Wednesday after volatile trading in the previous session as investors shrugged off the impact…
Dollar slides as trade war risk recedes, yen rallies
February 5, 2025
Dollar slides as trade war risk recedes, yen rallies
NEW YORK: The U.S. dollar fell to its lowest in more than a week on Wednesday as investor nerves about…
Gold price hikes by Rs5,300 per tola
February 5, 2025
Gold price hikes by Rs5,300 per tola
ISLAMABAD: The price of 24 karat per tola gold increased by Rs5,300 and was sold at Rs299,600 on Wednesday against…
Minister stresses local manufacturing of medical devices
February 4, 2025
Minister stresses local manufacturing of medical devices
ISLAMABAD: Minister for Industries and Production Rana Tanveer Hussain on Monday emphasised that developing high-quality medical devices locally would create…
Oil falls as Trump agrees to pause tariffs on Mexico, Canada
February 4, 2025
Oil falls as Trump agrees to pause tariffs on Mexico, Canada
TOKYO: Oil prices retreated on Tuesday after US President Donald Trump agreed to hold off imposing steep tariffs on Mexico…
Gold price increases by Rs1,900 per tola
February 4, 2025
Gold price increases by Rs1,900 per tola
KARACHI: The price of 24 karat gold increased by Rs1,900 per tola and was sold at Rs 294,300 on Tuesday…
‘Global trade war’ adversely impacts PSX
February 4, 2025
‘Global trade war’ adversely impacts PSX
KARACHI: The Pakistan Stock Exchange (PSX) continues to be on the slide after registering one high after another in the…
White House says Canada has ‘misunderstood’ tariff order as a trade war, Mexico is ‘serious’
February 4, 2025
White House says Canada has ‘misunderstood’ tariff order as a trade war, Mexico is ‘serious’
WASHINGTON: The White House said on Monday it has noticed that Mexico is “serious” about President Donald Trump’s executive order…