Business

UAE exit from OPEC sparks global oil market shock

UAE exit from OPEC sparks global oil market shock

The reported withdrawal of the United Arab Emirates from OPEC has triggered widespread debate across global energy markets, with analysts…
Pakistan to generate $200m through tuna fish exports

Pakistan to generate $200m through tuna fish exports

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has said that the government is eyeing a $200 million boost…
Pakistan refineries face Rs24bn losses amid April pricing pressures

Pakistan refineries face Rs24bn losses amid April pricing pressures

ISLAMABAD: Pakistan’s oil refining sector, which had earlier agreed to a government-backed pricing formula linking diesel prices to imported crude…
SECP says Pakistan capital market remains stable amid global challenges

SECP says Pakistan capital market remains stable amid global challenges

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has stated that the country’s capital market remains stable despite challenging…
US bypasses congressional review for military sales of $8.6 billion to Middle East allies

US bypasses congressional review for military sales of $8.6 billion to Middle East allies

WASHINGTON: U.S. President Donald Trump’s administration has bypassed congressional review to approve military sales totaling over $8.6 billion to Middle…
Japan spends more than $30 billion to prop up yen

Japan spends more than $30 billion to prop up yen

Japan spent at least 5.0 trillion yen ($32 billion) in the foreign exchange market, according to multiple reports, in its…
Fuel shock: Govt raises petrol and diesel prices by Rs6.51 per litre

Fuel shock: Govt raises petrol and diesel prices by Rs6.51 per litre

The Pakistani government has announced a fresh increase in the prices of petrol and high-speed diesel, adding to the financial…
Pakistan’s April inflation shoots up to 10.9 percent

Pakistan’s April inflation shoots up to 10.9 percent

Pakistan’s headline Consumer Price Index (CPI) inflation has surged to 10.9% year-on-year (YoY) in April 2026, up sharply from 7.3%…
SBP reserves surge $730m on Eurobond inflow

SBP reserves surge $730m on Eurobond inflow

KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $730 million during the week…
Sindh CM and Danish envoy discuss investment, green energy ties

Sindh CM and Danish envoy discuss investment, green energy ties

Sindh Chief Minister Murad Ali Shah met Denmark’s Ambassador Maja Dyris Mortensen in Karachi, where both sides discussed investment opportunities…
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