Business
Russia oil trade to China, India stalls as sanctions drive up shipping costs
January 28, 2025
Russia oil trade to China, India stalls as sanctions drive up shipping costs
SINGAPORE: Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and…
Oil prices hold near two-week low as weak China data adds to demand concerns
January 28, 2025
Oil prices hold near two-week low as weak China data adds to demand concerns
Oil prices hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere…
Currency markets jittery as traders assess DeepSeek, tariff concerns
January 28, 2025
Currency markets jittery as traders assess DeepSeek, tariff concerns
TOKYO: The Japanese yen gave up some of the safe-haven driven gains on Tuesday as investors grappled with the potential…
SBP announces issuing new banknotes this year
January 28, 2025
SBP announces issuing new banknotes this year
ISLAMABAD: The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, announced on Monday that the central bank plans…
PBC shares fiscal policy proposals with finance minister
January 28, 2025
PBC shares fiscal policy proposals with finance minister
ISLAMABAD: A high-level delegation from the Pakistan Business Council (PBC) led by its Chairman, Shabbir Diwan, here on Monday called…
Bearish sentiment grips PSX as investors eye earnings reports
January 28, 2025
Bearish sentiment grips PSX as investors eye earnings reports
Bearish sentiment persisted on the stock market on Tuesday, with investors closely monitoring corporate earnings and the recent monetary policy…
SBP brings policy rate down to 12pc in line with expectations of stakeholders
January 27, 2025
SBP brings policy rate down to 12pc in line with expectations of stakeholders
KARACHI: The State Bank of Pakistan (SBP) on Monday announced cut in key policy rate by 100 basis points (bps)…
Saudi Arabia allows foreigners to invest in firms with property in Makkah, Madina
January 27, 2025
Saudi Arabia allows foreigners to invest in firms with property in Makkah, Madina
DUBAI: Saudi Arabia’s market regulator said on Monday it would allow foreign investment in listed companies that own real estate…
New vehicles will not be misused, FBR tells Senate panel
January 27, 2025
New vehicles will not be misused, FBR tells Senate panel
ISLAMABAD: Defending its decision to procure over 1,000 vehicles, the Federal Bureau of Revenue (FBR) has cited access and mobility…
SM Tanveer disappointed by 100bps cut in policy rate
January 27, 2025
SM Tanveer disappointed by 100bps cut in policy rate
LAHORE: United Business Group (UBG) Patron-in-Chief SM Tanveer has expressed disappointment over the State Bank of Pakistan’s decision to reduce…