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Rupee Devaluation Cannot Fix Economy: FBR Chairman
Federal Board of Revenue (FBR) Chairman has used a story about yogurt and a milk pot to explain why simply
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Pakistan and world business news from seven outlets, one story per event. Updated 1m ago.
215 stories matching “AI” · Clear
OpenAI safety employee quits, says 'time for trial and error is over'
A former OpenAI safety employee who recently resigned criticized the company’s approach to AI safety, arguing that a fast-paced culture focused on rapid development increases the risk of failures.
Business Recorder
Rupee records gain against US dollar
The Pakistani rupee extended its marginal gains against the US dollar, appreciating 0.01% in the inter-bank market on Friday.
Business RecorderGold price per tola gains Rs2,000 in Pakistan
Gold prices in Pakistan increased on Friday in line with their gain in the international market. In the local market, gold price per tola reached Rs440,636 after a gain of Rs2,000 during the day.
Business Recorder
Tax paid with returns declines despite 45% rise in number of filers
This representational image shows a man using a calculator. — APP/File7,953 companies filed returns till Sept 30: FBR.Total tax paid with returns stands at Rs77.3bn.
Geo NewsAustralian shares rebound from three-month low, remain on track for weekly loss
Australian shares rose on Friday, recovering from a more than three-month low hit in the previous session as banks, energy stocks and easing bond yields lifted the benchmark, although it remained on…
Business RecorderJapan's Nikkei retreats from 6-week high as investors lock in gains
TOKYO: Japan’s Nikkei 225 retreated from a 6-week high on Friday as investors locked in gains and turned cautious over the outlook for interest rates, inflation, and geopolitical risks.
Business RecorderPalm hits 13-week low, on track for second straight weekly loss
JAKARTA: Malaysian palm oil futures were on course for a second straight weekly fall on Friday, with prices declining for a sixth straight session to their lowest in 13 weeks, on weak export data…
Business RecorderWall Street dips as surging Treasury yields outweigh software gains
Wall Street’s main indexes slipped on Thursday as a deepening bond selloff drove Treasury yields to multi-decade highs, outweighing gains in software stocks.
Business Recorder
AI boom could trigger severe market shocks, Bank of England warnsÂ
AI boom could trigger severe market shocks, Bank of England warns Bank of England warns that artificial intelligence could trigger financial market shocks and the UK needs to be prepared for…
The NewsExplainer: Why are world bond markets selling off again?
A specialist trader works on the floor of the New York Stock Exchange in New York City, US.
Geo NewsOpenAI's revenue run rate nears $70 billion: What to know
OpenAI’s revenue run rate nears $70 billion: What to knowIn a recent update, OpenAI’s annualized revenue run rate has increased by more than 70% since the start of the third quarter- a move that…
The NewsFinMin Aurangzeb's US Exim talks covered financing for Boeing aircraft, says adviser
Ground staff stand next to the Pakistan International Airline aircraft ahead of its takeoff for Paris at the Islamabad International Airport on Jan 10, 2025.
Geo News
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