Business

Trump wants EU to buy more US oil and gas or face tariffs

Trump wants EU to buy more US oil and gas or face tariffs

WASHINGTON: US President-elect Donald Trump said on Friday that the European Union may face tariffs if the bloc does not…
Drop in cotton arrivals threatens textile value chain

Drop in cotton arrivals threatens textile value chain

KARACHI: Cotton arrivals in Pakistan have continued to dwindle as the ongoing season progresses, deepening concerns for the country’s textile…
Oil falls on demand growth concerns, robust dollar

Oil falls on demand growth concerns, robust dollar

SINGAPORE: Oil prices fell on Friday on worries about demand growth in 2025, especially in top crude importer China, putting…
Bloodbath in Pakistan Stock Exchange as PSX-100 dips by over 4,900 points

Bloodbath in Pakistan Stock Exchange as PSX-100 dips by over 4,900 points

KARACHI: The Pakistan Stock Exchange (PSX) has experienced a significant downturn, with the market tumbling by over 4,900 points. The…
PIA privatisation: Government confident of better bid offers

PIA privatisation: Government confident of better bid offers

ISLAMABAD: Law Minister Azam Nazeer Tarar Thursday said the Pakistan government is confident of better bids for the Pakistan International…
ECC okays Rs 523m grant for Special Investment Facilitation Council

ECC okays Rs 523m grant for Special Investment Facilitation Council

ISLAMABAD: The Economic Coordination Committee (ECC) reviewed a summary submitted by the Ministry of Commerce regarding the sharing of subsidy…
Foreign investors ramp up profit repatriation in Pakistan

Foreign investors ramp up profit repatriation in Pakistan

KARACHI: In a notable development, foreign investors have significantly increased their profit repatriation, reflecting recent economic improvements in Pakistan. According…
Price of gold in Pakistan sees massive decrease

Price of gold in Pakistan sees massive decrease

KARACHI: After a day of slight increase, the price of gold in Pakistan saw a massive decrease on Thursday, reflecting…
Govt opposes KE’s tariff hike request, advises Nepra to slash rates instead

Govt opposes KE’s tariff hike request, advises Nepra to slash rates instead

ISLAMABAD: The government has opposed the K-Electric’s (KE) request for an increase in the multi-year tariff while advising the National…
Pakistan Consumer Confidence Index gains 0.8 points to hit three-year high

Pakistan Consumer Confidence Index gains 0.8 points to hit three-year high

ISLAMABAD: The Pakistan Consumer Confidence Index (CCI) recorded a gain of +0.8 points, reaching its highest level in three years,…
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