Business
Foreign investors withdraw $38.5m from T-bills by Jan 10
January 22, 2025
Foreign investors withdraw $38.5m from T-bills by Jan 10
KARACHI: As outflows exceeded inflows in the first 10 days of this month, foreign investments in Treasury bills (T-bills) have…
Rise in gas pipeline pressure risks network stability
January 22, 2025
Rise in gas pipeline pressure risks network stability
The pressure in the main gas pipeline’s line pack has risen once again, reaching 5.26 billion cubic feet (bcf), posing…
China says ‘no winners’ in tariff tit-for-tats after latest Trump threat of 10%
January 22, 2025
China says ‘no winners’ in tariff tit-for-tats after latest Trump threat of 10%
BEIJING: China on Wednesday reiterated “there are no winners in trade wars and tariff” tit-for-tats after U.S. President Donald Trump…
Stocks falter amid uncertainty surrounding MPC meeting outcome
January 22, 2025
Stocks falter amid uncertainty surrounding MPC meeting outcome
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday as the benchmark KSE-100 Index hovered at 114,670…
Dollar drifts lower as traders ponder Trump tariff plans
January 22, 2025
Dollar drifts lower as traders ponder Trump tariff plans
TOKYO: The dollar drifted slightly lower on Wednesday in indecisive trading as a lack of clarity on President Donald Trump’s…
Carbon markets investor kicks off $1.5 billion Amazon protection plan in Davos
January 22, 2025
Carbon markets investor kicks off $1.5 billion Amazon protection plan in Davos
A carbon markets investor backed by Swiss-trading house Mercuria said on Wednesday it had joined with two non-profits to raise…
Oil prices steady as investors debate Trump’s policies
January 22, 2025
Oil prices steady as investors debate Trump’s policies
Oil prices were little changed in early trading on Wednesday as markets weighed US President Donald Trump’s declaration of a…
World Bank predicts Pakistan’s GDP growth at 2.8% for FY 2024-25
January 21, 2025
World Bank predicts Pakistan’s GDP growth at 2.8% for FY 2024-25
The World Bank has revised its forecast for Pakistan’s GDP growth for the fiscal year 2024-25 to 2.8% marking a…
Punjab launches Asan Karobar Scheme
January 21, 2025
Punjab launches Asan Karobar Scheme
LAHORE: The Punjab government on Tuesday launched the biggest business finance scheme in the province. A budget of over Rs84…
FBR shares plan with IMF to address revenue shortfall
January 21, 2025
FBR shares plan with IMF to address revenue shortfall
ISLAMABAD: The Federal Board of Revenue (FBR) has shared a plan with the International Monetary Fund (IMF) to address issues…