Business
Oil prices steady after dropping as economic uncertainty, supply concerns weigh
May 8, 2025
Oil prices steady after dropping as economic uncertainty, supply concerns weigh
TOKYO: Oil prices steadied on Thursday after falling more than $1 in the previous session as uncertainty over the outcome…
Sri Lanka gets $1 bln from World Bank, jobs in focus
May 8, 2025
Sri Lanka gets $1 bln from World Bank, jobs in focus
NEW YORK: The World Bank said it has earmarked more than $1 billion to support job creation and private sector…
Gold rises as Fed flags economic uncertainty
May 8, 2025
Gold rises as Fed flags economic uncertainty
Gold climbed on Thursday after the Federal Reserve warned of rising inflation and labor market risks fuelling economic uncertainty, while…
US, China to hold ice-breaker trade talks in Geneva on Saturday
May 7, 2025
US, China to hold ice-breaker trade talks in Geneva on Saturday
WASHINGTON/BEIJING: US Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China’s economic tsar He Lifeng in…
Airlines re-route, cancel flights due to Pakistan-India clash
May 7, 2025
Airlines re-route, cancel flights due to Pakistan-India clash
TAIPEI/NEW DELHI: Several Asian airlines including Taiwan’s China Airlines and Korean Air said on Wednesday they were re-routing or cancelling…
Pakistan eyes further interest rate cuts, $14bn reserves by June: S&P Global
May 7, 2025
Pakistan eyes further interest rate cuts, $14bn reserves by June: S&P Global
Pakistan’s economic outlook is showing signs of cautious optimism with the possibility of further reductions in interest rates and an…
PSX loses 6,000 points amid war clouds
May 7, 2025
PSX loses 6,000 points amid war clouds
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday nosedived by losing 6,000 points amid tense situation which arose after India’s…
Finance Minister Aurangzeb reaches London on three-day visit
May 7, 2025
Finance Minister Aurangzeb reaches London on three-day visit
ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb has reached London on three-day official visit to the United Kingdom.…
Oil rises as market eyes US-China trade talks, lower US output
May 7, 2025
Oil rises as market eyes US-China trade talks, lower US output
SINGAPORE: Oil prices rose on Wednesday, holding slightly above recent four-year lows, as investors focused on U.S.-China trade talks and…
Balochistan excluded from Gwadar Port revenue
May 7, 2025
Balochistan excluded from Gwadar Port revenue
The Gwadar Port Authority (GPA) has informed the Balochistan government that the province receives no share of the revenue generated…