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Asian markets sell off as AI trades crumble after hot US CPI data
SINGAPORE: Markets started the day on the back foot as trading kicked off in Asia on Thursday , as a quicker-than-expected increase in US consumer price inflation upped expectations for the Federal…
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 RecorderAurangzeb urges IFIs to align financing terms with improved ratings
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Wednesday urged international financial institutions to align financing terms with Pakistan’s improved sovereign ratings and expanding access to…
Business RecorderFarmers, small businesses and homeowners: PM orders banks to expand lending
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday directed banks to expand lending to farmers, small businesses and prospective homeowners, calling for improved access to finance in three…
Business RecorderDISCOs tariffs: Export industries oppose proposed hike
ISLAMABAD: Export-oriented industries have strongly opposed proposed increases of 5 to 10 percent in electricity tariffs by power distribution companies (DISCOs), warning that higher energy costs…
Business Recorder
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