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DW
Jun 14, 2024

China threatens WTO action over EU electric vehicles tariffs

China is threatening to take the European Union to the World Trade Organisation (WTO) over the high import tariffs it is considering for Chinese electric vehicles.

Business

Web Desk
Jun 13, 2024

ECC approves conditional sugar export amid price stability concerns

ECC has given the green light to the Ministry of Industries & Production for the export of 150,000 metric tonnes of surplus sugar.

Business

Web Desk
Jun 13, 2024

Global oil prices decline amid increase in fuel inventories

Oil prices declined on Thursday as investors assessed the implications of a delayed interest rate cut by the US Federal Reserve and an unexpected increase in US crude and fuel inventories.

Business

Web Desk
Jun 13, 2024

SBP-held foreign exchange reserves dip marginally

akistan’s foreign exchange reserves, held by the State Bank of Pakistan (SBP), experienced a slight decline of $6.2 million or 0.07 per cent.

Business

Web Desk
Jun 13, 2024

Pakistan eyes international bonds to boost economic stability

Pakistan plans to generate up to $1 billion by issuing international bonds in the fiscal year 2025/26, according to Finance Minister.

Business

Afshan Subohi Web Desk
Jun 13, 2024

Analysts doubt budget’s ambitious targets and goals

It will take some time to fully grasp and analyze the budget to determine how effectively it will achieve the government’s targets

Business

Web Desk
Jun 13, 2024

Govt’s weekly borrowing surges to Rs5.89 trillion

The Government of Pakistan has added Rs364.64 billion to its debt during the week ending May 31, 2024 bringing the total to Rs5.89 trillion.

Business

Web Desk
Jun 13, 2024

Interbank closing: PKR gains 1.64 paisa against USD

The Pakistani rupee (PKR) experienced a slight appreciation of 1.64 paisa against the US dollar during Thursday’s interbank session.

Business

Web Desk
Jun 13, 2024

PSX posts strong gains, closes above 76,000 level

PSX demonstrated a remarkable recovery today, surging by 3,410 points or 4.69 per cent, and concluding the trading day at 76,208.

Business

Web Desk
Jun 13, 2024

Gold prices reduced by Rs 1200 per tola

On the other hand, gold will be worth $2315 per ounce after falling by $2 in the international market.

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