Business
Pakistan braces for $1.5bn payout as two bonds mature in next fiscal year
May 15, 2025
Pakistan braces for $1.5bn payout as two bonds mature in next fiscal year
ISLAMABAD: Pakistan’s upcoming budget for the fiscal year 2025-26 is projected to see a significant jump in external debt repayments…
Pakistan’s pharma market crosses Rs1 trillion mark amid price hikes
May 15, 2025
Pakistan’s pharma market crosses Rs1 trillion mark amid price hikes
ISLAMABAD: Pakistan’s retail pharmaceutical industry has witnessed a significant surge in sales, crossing the Rs1.049 trillion threshold for the 12…
Shares at PSX rebound as KSE-100 climbs above 119,000
May 15, 2025
Shares at PSX rebound as KSE-100 climbs above 119,000
KARACHI: Pakistan Stock Exchange (PSX) registered a significant recovery on Thursday after witnessing a bearish trend a day earlier. The…
APEC warns of stalling trade due to tariffs as China, US officials meet
May 15, 2025
APEC warns of stalling trade due to tariffs as China, US officials meet
SEOGWIPO, South Korea: The Asia-Pacific Economic Cooperation (APEC) grouping warned on Thursday that exports from a region that accounts for…
Sindh launches austerity drive to increase budget allocations for uplift projects
May 15, 2025
Sindh launches austerity drive to increase budget allocations for uplift projects
KARACHI: Sindh Chief Minister Syed Murad Ali Shah has started budget meetings to finalise development proposals and their allocations in…
Oil dives on US-Iran hopes as stocks surge stalls
May 15, 2025
Oil dives on US-Iran hopes as stocks surge stalls
LONDON: Oil tumbled nearly 4% as a potential US-Iran nuclear deal raised the prospect of increased global crude supply on…
Dollar wavers on uncertainty over trade deals
May 15, 2025
Dollar wavers on uncertainty over trade deals
TOKYO: The dollar wobbled on Thursday in a turbulent week that saw investor relief at the U.S.-China tariff truce give…
Gold prices in Pakistan fall sharply for second day
May 15, 2025
Gold prices in Pakistan fall sharply for second day
The price of gold in Pakistan and globally witnessed a massive decline for the second consecutive day. According to the…
Pakistan, Russia in talks to set up joint steel mill in Karachi
May 14, 2025
Pakistan, Russia in talks to set up joint steel mill in Karachi
Pakistan and Russia are set to collaborate on the establishment of a new state-of-the-art steel mill in Karachi marking a…
Govt moves to curb smuggling, illegal trade of petroleum products
May 14, 2025
Govt moves to curb smuggling, illegal trade of petroleum products
The federal government decided on Wednesday to introduce legislation to curb the smuggling and illegal trade of petroleum products. A…