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Pakistan-IMF Review Talks to Conclude This Week for 5th Loan Tranche
Pakistan and the International Monetary Fund (IMF) are expected to conclude review talks this week for the release of the
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Pakistan and world business news from seven outlets, one story per event. Updated 1m ago.
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FBR Gets Power to Check Your Wealth
The Federal Board of Revenue (FBR) has been empowered to require individuals to submit detailed wealth statements for Tax Year
ProPakistani
Pakistan’s seafood exports reach $125mn in 1QFY27
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry said on Monday that Pakistan’s fish and seafood exports clocked in at $125.4 million during the first quarter of the current…
Business RecorderIMF, Sri Lanka strike staff-level pact on funding of $345 million
The International Monetary Fund said it reached a staff-level agreement with Sri Lanka on the seventh review under its Extended Fund Facility to unlock financing of about $345 million.
Business RecorderCopper ticks up as Fed rate hike bets cool
SINGAPORE: Copper nudged up on Monday , supported by an improving demand outlook after cooling interest rate expectations outweighed pressure from a strong dollar.
Business Recorder
India, US have reached a plateau in trade talks, Indian finance minister says
NEW DELHI: India and the United States have reached a plateau in their trade deal talks, India’s Finance Minister Nirmala Sitharaman said on Monday, a further sign that the two sides have hit a wall…
Business RecorderFake Firms Imported 71,815 Routers Worth Rs. 3.2 Billion in Money Laundering Scheme
The Collectorate of Customs Airport Karachi has uncovered imports worth Rs. 3.2 billion allegedly carried out through two fake companies
ProPakistaniIndian rupee set for mild relief from dip in oil, fading Fed October hike bets
MUMBAI: The Indian rupee is expected to see some respite on Monday , with softer oil prices and further paring of bets on an October Federal Reserve rate hike easing pressure on the currency.
Business RecorderIndian shares poised to rebound as Fed-hike fears, oil prices ease
Indian shares were set to open higher on Monday after posting their longest weekly losing streak in 25 years, supported by easing concerns over aggressive US monetary tightening and a pullback in…
Business RecorderGold gains as October Fed rate hike prospects fade
Gold prices drifted higher on Monday after recent soft economic data sharply lowered expectations of a Federal Reserve rate hike in October, increasing the appeal of the non-yielding asset.
Business RecorderStocks upbeat, dollar wobbles as Fed hike bets recede
SINGAPORE: Stocks were off to a strong start on Monday while the dollar edged lower and bonds steadied , as investors trimmed bets on an aggressive policy tightening cycle by the Federal Reserve…
Business RecorderMiddle East crude oil exports exceed pre-war levels but tanker attacks increase
SINGAPORE: Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed on Monday, despite attacks on vessels…
Business Recorder
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