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Reuters
Apr 03, 2025

Amazon joins race to buy TikTok ahead of April 5 deadline

Amazon.com has put in a last-minute bid to buy TikTok, a US administration official said on Wednesday, just days ahead of an April 5 deadline for the short-form video app to find a non-Chinese buyer or face a ban in the country.

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Web Desk
Apr 03, 2025

Intraday trade: PKR loses 26 paisa against USD

The Pakistani rupee weakened against the US dollar on the first trading day following the Eid holidays, slipping 0.09 per cent in early trade.

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Web Desk
Apr 03, 2025

Eid holidays end: Offices, businesses reopen

Work resumed across the country on Thursday as the Eid-ul-Fitr holidays came to an end. Offices, businesses, and banks reopened.

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Reuters
Apr 03, 2025

Gold hits record high as investors seek safe haven amid tariff shock

Jittery investors flocked to safe-haven assets on Thursday and pushed gold to a record high after US President Donald Trump unleashed more aggressive-than-expected import tariffs, kicking into higher gear an already heated global trade war.

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Web Desk
Apr 03, 2025

PSX opens post-holidays, aims to stabilise recent volatility

The KSE-100 index recorded a 5.2 per cent return during Ramazan, making 2025 the second-best Ramazan for the PSX returns since 2015, the report said.

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Web Desk
Apr 03, 2025

Govt’s domestic borrowing drops sharply amid higher foreign inflows

The federal government’s reliance on domestic banking for budgetary support has plunged by 66 per cent in the first eight and a half months of the current fiscal year (FY25), largely due to higher foreign inflows and record profits from the State Bank of Pakistan (SBP).

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Web Desk
Apr 03, 2025

Trump’s trade war impacts Pakistan

US President Donald Trump has announced sweeping reciprocal tariffs on dozens of nations, including Pakistan

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Web Desk
Apr 03, 2025

NIC Karachi’s cohort 13 aims to bridge industry gaps with 40 promising startups

After going through 133 startup pitches, evaluations were conducted by 60 industry experts

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Reuters
Apr 03, 2025

Oil sinks nearly 3 per cent after Trump announces sweeping new tariffs

Oil prices dropped $2 on Thursday after US President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude.