Pakistan and world business news from seven outlets, one story per event. Updated just now.
With the monetary policy decision due in two weeks or so, secondary market yields in the money market are inching up, with 10-year bonds pricing close to 13 percent while the policy rate is at 11.5…
EDITORIAL: Reports indicate that the visiting International Monetary Fund (IMF) team will reach a staff-level agreement on the fourth review of the ongoing 7 billion dollars Extended Fund Facility…
KARACHI: Pakistan’s external trade is once again flashing a warning signal, as export growth loses momentum while imports continue to rise sharply.
LAHORE: Federal Planning Minister Ahsan Iqbal has contacted Jamaat-e-Islami (JI) Pakistan Vice Emir Liaqat Baloch and conveyed Prime Minister Shehbaz Sharif’s message regarding talks on the…
The Pakistan Automotive Manufacturers Association (PAMA) on Tuesday urged the government to suspend implementation of the Engineering Development Board’s (EDB) revised framework for commercial…
European shares rose to near one-week highs on Tuesday , as Genmab led gains in healthcare stocks, while euro zone bond yields took a breather after rallying on fiscal and inflation concerns.
MUMBAI: Indian government bonds fell in early deals on Tuesday as investors braced for hawkish central bank monetary policy, with traders fearing additional policy actions.
TOKYO: The Bank of Japan may signal this month that underlying inflation has roughly hit its 2% target, three sources familiar with its thinking said, highlighting its readiness to raise interest…
Oil prices edged down on Tuesday as resilient Middle Eastern crude exports and a G7 emergency stockpile release eased supply concerns, though attacks by Yemen’s Houthis on Saudi targets kept…
FAISALABAD: Practical measures have been initiated to make Faisalabad Pakistan’s first circular city in a bid to meet European Union (EU) compliance requirements and enhance the exports of Pakistani…
GRAND ISLAND: US President Donald Trump signed an executive order on Monday to expand access to tax-exempt diesel that he unveiled from a rally stage in Nebraska.
Most Gulf markets closed higher on Monday as easing energy disruption fears and tempered expectations of an immediate Federal Reserve rate hike bolstered sentiment, while the Middle East war…
Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), expressed concern over the widening of Pakistan’s trade deficit during the first quarter of the…
Ratings agency Fitch said Saudi Arabia’s 2027 pre-budget statement highlighted the fiscal pressures from the US-Iran war, with the government projecting higher spending and wider budget deficits.
The All Pakistan Textile Mills Association (APTMA) has urged the Pakistan Single Window (PSW) to exempt goods imported under the Export Facilitation Scheme (EFS) from Punjab Infrastructure…
MUMBAI: Indian sunflower oil imports fell in September to their lowest level in more than four years after the Ukraine war disrupted shipments, prompting refiners to increase palm oil purchases to…
Saudi Arabia is set to cancel next year’s Joy Awards, its star-studded answer to the Oscars or the Grammys, as financial strain and the Iran war hit the country’s nascent entertainment sector, two…
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…
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.
SINGAPORE: Copper nudged up on Monday , supported by an improving demand outlook after cooling interest rate expectations outweighed pressure from a strong dollar.
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