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Pakistan and world business news from seven outlets, one story per event. Updated 3m ago.
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Pakistan seeks Alibaba cooperation for cashless economy, SME exports
Finance Minister Muhammad Aurangzeb met Alibaba International Digital Commerce leadership in Bangkok to discuss cooperation on digital payments, e-commerce and technology, including proposals to…
Business RecorderPakistan Refinery appoints interim chairman after Kirmani steps down
Following Tariq Kirmani’s resignation , Aftab Hussain has been appointed as chairman of Pakistan Refinery Limited (PRL) on an interim basis.
Business Recorder
Govt Will Sell 9 Power Companies Without Consulting Provinces
The Privatization Division has told a Senate subcommittee that no fresh approval from the Council of Common Interests (CCI) is
ProPakistaniGovt Is Comparing Import Duties Incorrectly
Pakistan’s national tariff policy is facing questions over its claim that the country has higher import duties than regional economies,
ProPakistaniJapan's Nikkei plunges as tech stocks hammered by AI, rate hike worries
TOKYO: Japan’s Nikkei share average tumbled nearly 5% on Thursday, with tech stocks hit hard by media reports about distressed debt at US cloud-computing provider CoreWeave, while hot US inflation…
Business RecorderGlobal trade fragmentation creates opportunities for Pakistan, says Aurangzeb
Pakistan sees opportunities to expand trade with regional economic blocs amid growing fragmentation in global trade, Finance Minister Muhammad Aurangzeb said, as the country seeks to diversify its…
Business RecorderUS military weighs use of ‘mother of all bombs’ in potential future strikes on Iran, CNN says
The US military has developed strike plans that could include using the GBU-43/B Massive Ordnance Air Blast Bomb, also known as the “mother of all bombs”, against Iranian energy infrastructure and…
Business RecorderIMF vows continued support for Sri Lanka
Sri Lanka’s macroeconomic situation is “much improved,” with its fiscal performance very strong and debt restructuring largely complete, Jain-Chandra said in a press conference during the IMF…
Business RecorderChicago soybeans fall on active harvests despite China buying demand
BEIJING: Chicago Board of Trade soybean futures extended a decline on Thursday as active harvesting in the US Midwest supported supplies, although losses were limited by a resumption of Chinese…
Business RecorderBoE's Pill says a rate hike need not be start of long series
BANGKOK: A future interest rate increase by the Bank of England should not be interpreted by investors as the start of a long series of increases, BoE Chief Economist Huw Pill said on Thursday.
Business RecorderWheat Seed Prices High Ahead of Sowing Season
Pakistan’s Ministry of National Food Security and Research has urged private seed companies to reduce wheat seed prices ahead of
ProPakistaniSouth Korea's KOSPI triggers circuit breaker in tech-led selloff
SEOUL: South Korea’s benchmark stock index KOSPI fell 8% on Thursday, triggering a circuit breaker for the first time in 2-1/2 months, as chipmakers tracked a technology-led Wall Street selloff…
Business RecorderWorld Bank Worried About Pakistan
The World Bank has rated Pakistan’s tax reform program as moderately satisfactory but flagged substantial risks to its implementation, including
ProPakistaniBank rally helps Australia shares weather global equities selloff
Australian shares ended slightly lower on Thursday but recovered from intraday lows as bank stocks rallied after weaker-than-expected jobs data tempered rate hike bets, helping offset pressure from…
Business Recorder
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