Business

Toyota global production down for 10th month despite rising sales

Toyota global production down for 10th month despite rising sales

TOKYO: Toyota Motor’s global production decreased for a 10th straight month in November, the Japanese carmaker said on Wednesday, although…
Apple seeks to defend Google’s billion-dollar payments in search case

Apple seeks to defend Google’s billion-dollar payments in search case

Apple has asked to participate in Google’s upcoming US antitrust trial over online search, saying it cannot rely on Google…
US remains Pakistan’s top export destination, China leads in imports

US remains Pakistan’s top export destination, China leads in imports

ISLAMABAD: The United States maintained its position as the top export destination for Pakistani products, while China remains the leading…
Regular Income Certificates profit rates revised for December 2024

Regular Income Certificates profit rates revised for December 2024

KARACHI: The Central Directorate of National Savings (CDNS) has announced a reduction in profit rates for various products, including Regular…
Big banks, business groups sue US Fed over annual stress tests

Big banks, business groups sue US Fed over annual stress tests

Major banks and business groups sued the Federal Reserve on Tuesday, alleging the US central bank’s annual “stress tests” of…
Wall Street ends higher as Santa rally begins

Wall Street ends higher as Santa rally begins

Wall Street’s main indexes all closed higher on Tuesday, with gains in megacap and growth stocks bolstering benchmarks in a…
Pakistan received $3.57bn foreign loans, grants in five months

Pakistan received $3.57bn foreign loans, grants in five months

ISLAMABAD: The Economic Affairs Division (EAD) has released details of foreign loans and grants received by Pakistan in the five…
PSX falls over 1,500 points amid profit-taking

PSX falls over 1,500 points amid profit-taking

KARACHI: The stock market was turbulent on Tuesday as investors were still cautious after recent volatility and optimism on the…
Price of gold in Pakistan drops

Price of gold in Pakistan drops

KARACHI: After remaining stable for a day, the price of gold in Pakistan saw a minor drop on Tuesday, reflecting…
Oil prices rise in thin pre-Christmas trade

Oil prices rise in thin pre-Christmas trade

LONDON: Oil prices rose on Tuesday, reversing the prior session’s losses, buoyed by a slightly positive market outlook for the…
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