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UK finance minister Healey set to pay for budget giveaways without more borrowing, FT reports
UK Finance Minister John Healey is expected to pay for all new giveaways in this month’s budget, including a cost-of-living package, with higher taxes or spending cuts rather than more borrowing…
Business Recorder
China'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 RecorderAsia shares edge up as chip selloff eases; US CPI awaited
HONG KONG: Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead…
Business RecorderAddressing rising costs, arresting decline: PTEA wants 6-8pc DLTL support tied to 10pc rise in exports
ISLAMABAD: Pakistan’s textile exporters have sought temporary Drawback of Local Taxes and Levies (DLTL) support of 6-8 percent, linked to a 10 percent increase in exports, as part of a broader…
Business RecorderCashless drive: Govt tightens digital payments oversight, plans tax reforms
ISLAMABAD: The government has decided to tighten the definitions of active digital payment users and merchants and introduce tax policy reforms to accelerate Prime Minister’s Cashless Pakistan…
Business RecorderCold-rolled steel coils & sheets: NTC extends anti-dumping duties for 5 more years
ISLAMABAD: The National Tariff Commission (NTC) has extended anti-dumping duties on imports of cold-rolled steel coils and sheets originating in or exported from China for another five years, citing…
Business Recorder
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