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Russian advisers warn of corporate bankruptcies wave

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

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

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

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

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

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

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

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

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

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…
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