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Sadaan Khan

Sadaan Khan

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World

Web Desk
Oct 30, 2024

Oil prices hover around one-month low

Oil prices held at more than one-month lows, after sliding in the previous two sessions, as markets weighed a potential ceasefire between Israel and Hezbollah and rising OPEC+ crude supplies against a possible drop in US fuel stocks.

Business

Web Desk
Oct 30, 2024

Five groups withdraw from bidding for PIA

Pakistan has received only one bid for a stake in its national carrier, as five other consortiums chose not to participate.

Business

Web Desk
Oct 30, 2024

PSO struggles with massive debt, energy sector payment defaults

The Pakistan State Oil (PSO) reported on Wednesday that its circular debt has surged to Rs782 billion, placing the company in a severe financial crisis, alongside the electricity and gas sectors, which are also burdened by circular debt.

World

Web Desk
Oct 30, 2024

Toyota’s output in China falls by 19 per cent amid growing EV competition

Toyota has revealed that its global production dropped for the eighth month in a row, reflecting hurdles it is currently facing.

Business

Web Desk
Oct 30, 2024

Early trade: Pakistani rupee up by nine paisa against US dollar

The Pakistani rupee (PKR) remained relatively stable against the US dollar (USD) on Wednesday, appreciating by 0.03 per cent.

Pakistan

Web Desk
Oct 30, 2024

Experts push for ‘safer’ smoking alternatives in Pakistan

The discussion centred on how to minimise the harm caused by smoking by presenting safer alternatives to conventional cigarettes.

Business

Web Desk
Oct 30, 2024

$500 million ADB loan to support Pakistan’s fight against climate change

The Asian Development Bank has approved a $500 million loan to help Pakistan deal with climate change and improve disaster preparedness.

Business

Web Desk
Oct 29, 2024

Pakistan secures over $593 million in external financing for September

Pakistan in the first three months of FY25 raised $1.31 billion in external financing, which is below the yearly target of $19.39 billion.

Business

Web Desk
Oct 29, 2024

Gold price increases Rs1,600 per tola, nearing record territory

It looks like gold in Pakistan has resumed its record high run as the price for precious metal was recorded up by Rs1,600 per tola, nearing the record high territory in the local bullion market on Tuesday.