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Export industry challenges: PHMA (North Zone) vows joint efforts
FAISALABAD: The monthly meeting of the Zonal Committee of the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) North Zone was held on October 14, at the PHMA Zonal Office in…
Business Recorder

India expected to overtake Japan as world's 4th largest economy in 2027: IMF
BANGKOK: India is expected to become the world’s fourth-largest economy by 2027, overtaking Japan, according to International Monetary Fund projections that on Thursday laid out the Asian nations’…
Business Recorder


Nestle India flags food, commodity inflation after profit surges 36%
Nestle India flagged inflation and rising commodity prices as challenges on Thursday after resilient demand for Maggi instant noodles and Nescafe coffee helped drive a 36% jump in its second-quarter…
Business Recorder





Japan's Nikkei plunges as tech stocks hammered by AI, rate hike worries
TOKYO: Japan’s Nikkei share average tumbled nearly 5% on Thursday, with tech stocks hit hard by media reports about distressed debt at US cloud-computing provider CoreWeave, while hot US inflation…
Business Recorder

Italy to raise 0.44% of GDP from financial sector through 2029 to fund budget
ROME: Italy plans to raise 0.44% of gross domestic product from the financial sector to help fund its budget over the 2027-2029 period, a government document showed on Thursday.
Business Recorder



Over USD5bn annual exports targeted: AsiaPak seeks govt help for aluminium smelter at PQ
ISLAMABAD: AsiaPak Investments Limited has sought the government’s support for a proposed export-oriented aluminium smelter in the Port Qasim industrial area, targeting annual exports of more than…
Business Recorder
Low-income, vulnerable states: IMF urges members to stock up funds
BANGKOK: IMF chief Kristalina Georgieva on Wednesday warned that current economic developments and the rapid advance of AI threaten to deepen the gulf between advanced and developing economies…
Business Recorder
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