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Pakistan and world business news from seven outlets, one story per event. Updated 1m ago.
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US inflation heats up in September; Fed rate hike this month back on table
WASHINGTON: US consumer prices accelerated in September as the cost of gasoline surged, dealing another blow to President Donald Trump and his Republican Party ahead of the November 3 midterm…
Business Recorder
Pakistan Assures IMF Subsidies Will Be Limited
Pakistan’s Finance Minister Muhammad Aurangzeb reaffirmed the government’s commitment to economic reforms and targeted subsidies for low-income families during a
ProPakistaniChina's crude stocks slump despite slight rise in September import rate
BEIJING: China’s September crude oil imports dropped 21.5% from a year earlier, customs data showed, with higher refinery runs and delayed crude arrivals contributing to the biggest monthly draw in…
Business RecorderChina's soybean imports fall 7.7% in September from a year earlier
BEIJING: China, the world’s largest soy buyer, imported 11.88 million metric tons of soybeans in September, down 7.7% from the same month last year, data from the General Administration of Customs…
Business RecorderIMF's Georgieva says US growth will not be enough to shrink debt
BANGKOK: The United States cannot grow its way out of mounting public debt and needs to make other fiscal adjustments to put its debt on a more sustainable path, International Monetary Fund Managing…
Business RecorderChina's exports surge 36.3% y/y in September, imports up 31%
BEIJING: China’s exports in September soared 36.3% from a year earlier in US dollar terms, far outpacing forecasts, while imports grew 31%, customs data showed on Wednesday.
Business Recorder
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