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Pakistan tops global emerging markets in default risk reduction

Pakistan tops global emerging markets in default risk reduction

NEW YORK: Pakistan has emerged as a leading economy among the emerging markets globally, according to a report by Bloomberg.…
Weekly inflation eases by 0.18pc in Pakistan

Weekly inflation eases by 0.18pc in Pakistan

ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), decreased by 0.18 percent for the combined consumption groups…
Rs7.5tr SOE losses, pension liabilities surpass defence, development budgets

Rs7.5tr SOE losses, pension liabilities surpass defence, development budgets

ISLAMABAD: Amid continued financial strain, state-owned enterprises (SOEs) in Pakistan have recorded staggering losses of nearly Rs342 billion in just…
ECC approves 50pc increase in fixed charges for gas consumers

ECC approves 50pc increase in fixed charges for gas consumers

ISLAMABAD: The federal government has decided to maintain existing gas tariffs for domestic consumers, with only a minor adjustment in…
EU plans to add carbon credits to new climate goal, shows document

EU plans to add carbon credits to new climate goal, shows document

The European Commission is set to propose counting carbon credits bought from other countries towards the European Union’s 2040 climate…
SBP declares bank holiday on July 1

SBP declares bank holiday on July 1

KARACHI: The State Bank of Pakistan (SBP) has announced that all banks across the country, including its own offices, will…
Dollar gains as Trump reignites trade concerns

Dollar gains as Trump reignites trade concerns

NEW YORK: The dollar retraced earlier losses against the euro after U.S. President Donald Trump said the United States was…
Trump cuts off US trade talks with Canada, shattering optimism over tariff deals

Trump cuts off US trade talks with Canada, shattering optimism over tariff deals

WASHINGTON: U.S. President Donald Trump abruptly cut off trade talks with Canada over its tax targeting U.S. technology firms, saying…
Pakistan, US explore preferential trade agreement in ongoing talks

Pakistan, US explore preferential trade agreement in ongoing talks

ISLAMABAD: Pakistan and the United States are on track to conclude ongoing trade talks, with both sides actively exploring a…
PPP directs its MNAs to support budget after key concessions

PPP directs its MNAs to support budget after key concessions

The Pakistan Peoples Party (PPP) has instructed its MNAs to vote in favour of the federal budget during today’s crucial…
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