Business
US regulators investigating whether engines on 1.4 million Hondas might fail
November 13, 2024
US regulators investigating whether engines on 1.4 million Hondas might fail
DETROIT: The U.S. government’s highway safety agency is investigating complaints that engines can fail on as many as 1.4 million…
PSX closes up as KSE-100 adds 130 points
November 13, 2024
PSX closes up as KSE-100 adds 130 points
KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) rebounded on Wednesday as it closed in a green…
Pakistan decides to direct imported LNG to domestic use
November 12, 2024
Pakistan decides to direct imported LNG to domestic use
ISLAMABAD: Pakistan has decided to stop the purchase of imported liquefied natural gas (LNG) and redirect it to domestic consumers,…
Pakistani-led Canadian group Al-Nihang offers $358m to acquire PIA
November 12, 2024
Pakistani-led Canadian group Al-Nihang offers $358m to acquire PIA
KARACHI: A business group in Canada led by a Pakistani expat has offered the government around Rs100 billion ($358 million)…
Oil prices steady ahead of OPEC report, China stimulus limit gains
November 12, 2024
Oil prices steady ahead of OPEC report, China stimulus limit gains
SINGAPORE: Oil prices were little changed on Tuesday, awaiting further price direction from OPEC’s monthly report, while investor disappointment over…
Petrol, diesel prices in Pakistan may go up from Nov 16
November 12, 2024
Petrol, diesel prices in Pakistan may go up from Nov 16
ISLAMABAD: Petrol and diesel prices in Pakistan are expected to rise significantly from November 16 following the International Monetary Fund…
Europe must prepare for new trade war with US, ECB officials warn
November 12, 2024
Europe must prepare for new trade war with US, ECB officials warn
VIENNA/FRANKFURT: Protectionist policies from the incoming U.S. administration will hamper global growth and Europe must be better prepared than in…
Pakistan’s debt-to-GDP ratio slumps to lowest point since June 2018
November 12, 2024
Pakistan’s debt-to-GDP ratio slumps to lowest point since June 2018
KARACHI: Amid ongoing efforts by the incumbent government to improve the economic indicators, the country’s debt-to-GDP ratio has dropped to…
Record-breaking bitcoin rally nears $90,000 on Trump boost
November 12, 2024
Record-breaking bitcoin rally nears $90,000 on Trump boost
SINGAPORE: Bitcoin stood on the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald…
Stock market: Asian shares mostly decline, shrugging off Wall Street’s rally
November 12, 2024
Stock market: Asian shares mostly decline, shrugging off Wall Street’s rally
TOKYO: Asian shares mostly fell Tuesday, despite a rally on Wall Street in stocks seen as benefiting the most from…