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SHANGHAI: China’s onshore yuan was steady on Thursday as mainland markets reopened after a week-long holiday during which the Chinese currency strengthened offshore despite a strong dollar.
MUMBAI: The Reserve Bank of India likely sold dollars near the market open on Thursday to support the rupee, four traders said, with the currency within striking distance of its all-time low.
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Thursday said that direct shipping connectivity between Karachi and major European ports had been restored, providing relief…
SINGAPORE: Copper prices gained on Thursday , supported by expectations of Chinese restocking after the National Day holiday and concerns about supply from key mines.
NEW DELHI: QatarEnergy has issued a spot tender offering up to 50,000 metric tons of naphtha on a free-on-board basis from Ras Laffan port inside the Strait of Hormuz , multiple traders who…
TOKYO: The Bank of Japan on Thursday raised its economic assessment for two of the country’s nine regions and said robust AI-related demand was underpinning output.
MUMBAI: The Indian rupee’s drop after a Reserve Bank of India rate hike and stance change on Wednesday that some economists said was hawkish has left the currency vulnerable to further losses, with…
Indian shares were likely to open slightly lower on Thursday , extending losses from the previous session after the central bank delivered a hawkish rate hike, while rising oil prices added to…
Gold prices edged higher on Thursday as the dollar eased from an 18-month peak, helping bullion recover from a two-month low, while traders weighed the prospect of another US Federal Reserve rate…
The International Monetary Fund (IMF) staff and Pakistan have reached a staff-level agreement on the fourth review of the $7-billion Extended Fund Facility (EFF) and the third review of the…
KARACHI: President of the Pakistan Businessmen and Intellectuals Forum (PBIF) and All Karachi Industrial Alliance, Chairman of the National Business Group Pakistan, Chairman of the FPCCI Policy…
LAHORE: The Punjab Food Safety and Consumer Protection Department and its price control magistrates conducted 433,511 inspections across Punjab during the last one week in a bid to nab the…
KARACHI: Chief Executive of the Trade Development Authority of Pakistan (TDAP) Saqib Chadhar has said the government will fully support economic cooperation among Muslim countries, stressing that…
ISLAMABAD: Senator Farooq H Naek resigned as a member of the Judicial Commission of Pakistan (JCP) on Wednesday.
SYDNEY: Asian shares slipped on Thursday as strains in sovereign bond markets were aggravated by reports some major tech companies were seeking to raise billions in debt in direct competition for…
ISLAMABAD: The International Monetary Fund (IMF) has highlighted significant distortions in tax systems that affect key economic decisions, noting that unrecovered value-added tax (VAT) can raise…
ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday imposed new conditions and restrictions on units intended to claim tax credit for integration with the Board’s systems, according to a…
ISLAMABAD: The government has moved to overhaul the power sector regulatory regime amid growing solarisation, falling grid demand and mounting legacy capacity obligations, with Finance Minister…
KARACHI: Pakistan’s financial inclusion index rose to 59.5 in 2025 from preceding year’s 58.1, reflecting a further expansion in access to and use of formal financial services across the country.
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