Markets sink as Trump confirms tariffs on Canada, Mexico and China
US President Donald Trump shut down hopes Monday of an eleventh-hour deal with Canada and Mexico to avert sweeping tariffs, while signing an order to…
Business
Pakistan, IMF enter policy-level talks on $7 billion loan programme
Pakistan and the International Monetary Fund (IMF) have entered the policy-level phase of discussions regarding the country’s ongoing $7 billion loan programme, following the completion…
PSX under pressure as Ramadan slowdown
The capital market opened the week on a negative trajectory, with the KSE-100 Index experiencing selling pressure amid thin trading volumes. Investors remained cautious ahead…
IMF delegation lands in Pakistan for economic review
An International Monetary Fund (IMF) delegation has arrived in Pakistan to conduct an economic review, the delegation will hold talks with Pakistani officials in Islamabad,…
Gold prices see decline in Pakistan
Gold rates in Pakistan extended losses by coming down to Rs3lac per tola on Saturday amid negative trajectory in local and international markets. Data shared…
KSA to establish mineral complex near Khushab with investment of $150 million
In a positive development, the Anfal Group from the Kingdom of Saudi Arabia (KSA) is going to establish a mineral complex near Khushab in Punjab…
FBR intensifies operations against fake and flying invoices
Federal Board of Revenue (FBR) started crackdown against persons who were involved in submitting fake and forge invoices while departmental stores were being sealed for…
PSX soars as pre-budget optimism fuels rally
The stock market maintained its bullish momentum on Tuesday, driven by optimism over the upcoming federal budget, expectations of an expansion in the International Monetary…
Pakistan discovers huge gas and oil reserves in Waziristan
In a major breakthrough in local resource exploration, Mari Petroleum has announced the discovery of new oil and gas reserves in the Waziristan Block. According…
China’s Alibaba to invest $50bn in AI, cloud computing
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a…