Pakistan and world business news from seven outlets, one story per event. Updated just now.
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Gold rose on Monday , supported by a softer dollar and lower oil prices , as investors awaited key US inflation data this week for clues on the Federal Reserve’s next policy move.
TAIPEI: TSMC, the world’s largest manufacturer of advanced AI chips, will likely report a sixth consecutive quarter of record earnings, driven by booming infrastructure spending in the tech sector.
MUMBAI: The Indian rupee is poised to rally at Monday’s open after the central bank stepped up efforts to curb dollar demand, while higher costs under a new foreign-exchange rule are expected to…
Indian shares are set to open higher on Monday after snapping their longest weekly losing run in 25 years on Friday, as oil prices fell on expectations of a Russia-Ukraine energy ceasefire and the…
SINGAPORE/SHANGHAI: The dollar held ground near its strongest level in a year and a half in early Asian trade on Monday as an escalating Middle East conflict kept investors wary ahead of key US…
SYDNEY: Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge to sky-high tech valuations, while oil was choppy after strikes on shipping and airports…
ISLAMABAD: The World Bank has proposed USD 200 million in financing to help Khyber Pakhtunkhwa (KP) broaden its tax base and improve public service delivery, targeting an increase in the province’s…
ISLAMABAD: Port Qasim Electric Power Company (PQEPC) has opposed the proposed one-year limit on coal supply agreements, arguing that the restriction could undermine fuel security, disrupt…
ISLAMABAD: The Directorate General of Customs Valuation Karachi has issued a fresh valuation ruling for imported almonds, setting customs values ranging from USD1.41 to USD3.81 per kilogram…
KARACHI: About 25 percent of cancer patients at Jinnah Postgraduate Medical Centre (JPMC) abandon treatment because of financial hardship despite largely free care, doctors said, citing the high…
LAHORE: Pakistan’s power sector must go well beyond 30 percent local value addition if it is serious about indigenization, a senior Ministry of Energy official said at a national workshop hosted by…
FAISALABAD: An important meeting was held at the Faisalabad Chamber of Commerce & Industry (FCCI) with Haroon Akhtar Khan, Adviser to the Prime Minister and Federal Minister for Industries and…
US President Donald Trump said on Sunday that Ukraine and Russia had agreed to what he described as an “energy ceasefire.” Trump, in a social media post, said the energy ceasefire was taking effect…
MOSCOW: Russian technology and AI company Yandex said on Sunday that its infrastructure had been damaged in a drone attack, resulting in the complete shutdown of its data centre in the Vladimir…
BENGALURU: Elon Musk said he would price Starlink’s satellite internet service affordably in India to take on Mukesh Ambani’s low-cost Reliance Jio, escalating his attacks on the rival billionaire…
BANGKOK: The World Bank is in discussions with 30 to 40 countries about potential crisis aid to help them manage energy shocks and price increases triggered by the war in the Middle East, its…
KARACHI: Jamaat-e-Islami (JI) on Saturday demanded immediate action by the National Electric Power Regulatory Authority (Nepra) against K-Electric over prolonged loadshedding of up to 18 hours a day…
ISLAMABAD: Senate Chairman Syed Yousaf Raza Gilani held a series of high-level meetings with parliamentary leaders from Asia, Africa, Europe and Latin America on the sidelines of the 153rd Assembly…
LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem Ur Rehman has said there is no point in meeting Prime Minister Shehbaz Sharif unless the government agrees to abolish the petroleum levy (PL), warning…
LAHORE: The Punjab government has established a fund for the Centre of Excellence on Countering Violent Extremism and allocated Rs 500 million as seed money.
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