Business

China’s BYD poised to overtake Tesla in 2025 EV sales

China’s BYD poised to overtake Tesla in 2025 EV sales

NEW YORK: Growing Chinese auto giant BYD stands poised to officially surpass Tesla as the world’s biggest electric vehicle company…
Zafar Masud elected chairman of Pakistan Banks Association

Zafar Masud elected chairman of Pakistan Banks Association

KARACHI: The Pakistan Banks Association (PBA) has elected Zafar Masud, President and CEO of the Bank of Punjab, as its…
Customs seize contraband, vehicles worth $1.1m in Balochistan operation

Customs seize contraband, vehicles worth $1.1m in Balochistan operation

KARACHI: Pakistan Customs seized contraband goods and vehicles in multiple anti-smuggling operations in Balochistan, the Federal Board of Revenue (FBR)…
Pakistan Stock Exchange hits record high as KSE-100 touches 174,411 points

Pakistan Stock Exchange hits record high as KSE-100 touches 174,411 points

KARACHI: The Pakistan Stock Exchange (PSX) surged to new heights on Monday, with the KSE-100 index crossing 174,000 points for…
Gold rates drop by Rs5,500 per tola in Pakistan

Gold rates drop by Rs5,500 per tola in Pakistan

KARACHI: After a prolonged six-day rally, gold prices in the international bullion market fell on Monday, with the per-ounce price…
Oil gains as investors weigh Middle East tensions

Oil gains as investors weigh Middle East tensions

Oil prices rose on Monday as investors weighed Middle East tensions that could disrupt supply, while a major hurdle remains…
Pak Suzuki partners with KE for 20MW dedicated grid station

Pak Suzuki partners with KE for 20MW dedicated grid station

In another move to bolster demand for the national grid, K-Electric (KE) and Pak Suzuki Motor Company Ltd. entered into…
Is China allowing the RMB to rise?

Is China allowing the RMB to rise?

Generally speaking, tracking China’s exchange rate is about as exciting as watching paint dry because nothing ever happens. The RMB…
LDA announces ballot for residential, commercial plots

LDA announces ballot for residential, commercial plots

LAHORE: The Lahore Development Authority (LDA) has introduced residential and commercial plots to the market for its upcoming computerized ballot.…
Govt to take action against sale of smuggled goods on social media

Govt to take action against sale of smuggled goods on social media

ISLAMABAD: The government has decided to take action against individuals selling smuggled goods on social media. Starting January 1, authorities…
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