Business
Russian advisers warn of corporate bankruptcies wave
January 27, 2025
Russian advisers warn of corporate bankruptcies wave
MOSCOW: Russia could face a wave of corporate bankruptcies this year as the share of enterprises with risky levels of…
Sugar prices increase across Pakistan ahead of Ramazan
January 25, 2025
Sugar prices increase across Pakistan ahead of Ramazan
As Ramazan approaches, sugar prices have skyrocketed across Pakistan, leaving citizens distressed and shopkeepers demanding accountability. Over the past week,…
Govt to refund Rs40,000 to last year’s Hajj pilgrims
January 25, 2025
Govt to refund Rs40,000 to last year’s Hajj pilgrims
The government announced on Saturday the refund of Rs40,000 to Hajj pilgrims who performed the pilgrimage last year. Federal…
China readies for Lunar New Year, amid worries about the economy
January 25, 2025
China readies for Lunar New Year, amid worries about the economy
BEIJING: Travellers thronged railway stations and airports on Friday, clutching large suitcases and gifts such as boxes of fruit as…
Naqvi woos American investors amid economic betterment in Pakistan
January 25, 2025
Naqvi woos American investors amid economic betterment in Pakistan
WASHINGTON: Minister for Interior Mohsin Naqvi urged US businessmen to take benefit from the abundant investment opportunities in Pakistan as…
US arms exports hit record in 2024 on Ukraine-related demand
January 25, 2025
US arms exports hit record in 2024 on Ukraine-related demand
U.S. military equipment sales to foreign governments in 2024 surged 29% to a record $318.7 billion, the State Department said…
Salaried class pays triple the tax of exporters in first half of FY25
January 25, 2025
Salaried class pays triple the tax of exporters in first half of FY25
ISLAMABAD: A significant increase in tax rates has led to the salaried class contributing over 300% more in taxes than…
Rate cut hopes rise as weekly inflation eases
January 25, 2025
Rate cut hopes rise as weekly inflation eases
ISLAMABAD: Pakistan’s inflation seems to be cooling rapidly, with the Sensitive Price Index (SPI) showing a modest year-on-year rise of…
5 economic forces that could shape the first year of Trump’s presidency
January 25, 2025
5 economic forces that could shape the first year of Trump’s presidency
WASHINGTON: Like most presidents, Donald Trump faces an economy that seldom bends to political ambitions. The Republican has promised strong…
USD: US Dollar on track for worst week since November 2023
January 25, 2025
USD: US Dollar on track for worst week since November 2023
NEW YORK: The US Dollar (USD) fell on Friday and was on track for its worst week in more than…