India will sign trade deal with Oman to expand its Middle East ties

The two countries have annual trade of less than $13bn

Sri Lanka to hand management of China-built airport to India, Russia companies

Mattala Rajapaksa International Airport has stoked controversy since its opening in 2013

PSX gains over 700 points

PSX gains over 700 points

SBP to announce monetary policy on April 29

Currently, the police rate stands at 22 percent

Petroleum prices likely to go down from May 1

The possible reduction will be in line with changes in the international prices

Govt decides to impose ban on export of chicks

Export ban can bring down chicken meat prices by Rs200/kg

Chinese automakers redefine the car as a living space at Beijing Auto Show

Chinese automakers redefine the car as a living space at Beijing Auto Show

PM Shehbaz chairs high-level meeting to drive power sector reforms

PM Shehbaz chairs high-level meeting to drive power sector reforms

Wall Street tumbles after dispiriting data on the economy, as Meta sinks

Wall Street tumbles after dispiriting data on the economy, as Meta sinks

Govt likely to increase power tariff by Rs2.94 per unit

Govt likely to increase power tariff by Rs2.94 per unit

Thailand interest rates: Thai lenders to cut rate by 25 bps for 'vulnerable groups'

Prime Minister Srettha Thavisin has been pressing hard for cut rates

JP Morgan predicts lower gas and LNG prices, which will help switch from coal

Sees 2pc annual growth in production by 2030 to 4,600bn bcm from 4,000 bcm in 2022

Karachi faces over Rs3b loss in a day due to business closure: traders

They want govt to keep business going without trouble

France's Casino supermarket chain to axe up to 3,200 jobs

France's Casino supermarket chain to axe up to 3,200 jobs

IMF executive board to meet April 29 on $1.1bn Pakistan disbursement

IMF executive board to meet April 29 on $1.1bn Pakistan disbursement

Blome upbeat about Pak-IMF talks, commends counterterrorism efforts

Blome upbeat about Pak-IMF talks, commends counterterrorism efforts

Businessmen want PM Shehbaz to reconcile with PTI founder, improve ties with India

Businessmen want PM Shehbaz to reconcile with jailed PTI founder, improve ties with India

Toymaker Hasbro's efforts to profit beat

Toymaker Hasbro's efforts to profit beat

JAL president says plans to use both Boeing and Airbus aircraft

JAL president says plans to use both Boeing and Airbus aircraft

Pakistan, Iran for energy cooperation including IP Gas Pipeline

A joint statement after President Raisi’s visit mentions terrorism as common threat

Tesla could start selling Optimus robots by the end of next year: Musk

Humanoid robots have been in development for several years by Honda and Boston Dynamics

Chinese vendors go to TikTok school to reach buyers abroad

Chinese companies increasingly market themselves to overseas consumers at lower prices

Stocks set a new record amid growing hope for interest rate cuts

KSE-100 overcomes 72,000 hurdle by gaining nearly 1pc

Tesla shift on low-cost cars throws Mexico, India factory plans into limbo

IEA says electric car sales to rise strongly in 2014, but affordability to remain the key factor

Argentina's Milei revs up chainsaw and blender in fiscal deficit attack

Argentina's Milei revs up chainsaw and blender in fiscal deficit attack

Walmart-backed fintech One launches 'buy now, pay later' services

Walmart-backed fintech One launches 'buy now, pay later' services

Japan's 7-Eleven convenience chain targets aggressive global growth

Japan's 7-Eleven convenience chain targets aggressive global growth

Asian stocks track Wall Street gains ahead of earnings reports

Asian stocks track Wall Street gains ahead of earnings reports

Academicians appreciate finance minister going ahead with tobacco tax reforms

Scholars urge reforms implementation in letter and spirit

CPPA seeks Rs2.94 per unit increase in tariff for March

The power regulator will hold public hearing on April 26

India sugar demand surges in heatwave and election season

Consumption of cold drinks and ice cream rises during roughly from mid-March to mid-June

Over 70pc global workforce faces climate change risks: ILO

Those in poor countries are more vulnerable

European Parliament to green-light new EU spending rules, critics say it's economic disaster

Germany, 'frugal' allies wanted a quantifiable minimum effort to reduce public debt, budget deficits

Japanese yen on a slide: Groundwork prepared for appropriate action

Finance minister avoids explaining the nature of possible government moves

Short sellers pocket record weekly profit from Big Tech selloff

Short sellers pocket record weekly profit from Big Tech selloff

Tumbling tech stocks drag Wall Street to the finish line of another losing week

Tumbling tech stocks drag Wall Street to the finish line of another losing week

Maryam approves solar energy pilot project for low-income groups

Venture under Roshan Punjab will initially benefit 50,000 households

A roastery in Finland has launched an AI-generated coffee blend

The Nordic nation of 5.6m consumes the most coffee in the world at 12kg per capita annually

An estimated 10bn barrels of oil discovered in Namibia

It may become the continent’s fourth largest producer by next decade

Tesla cuts prices in China, Germany, and around globe after US cuts

Tesla cuts prices in China, Germany, and around globe after US cuts

Slovenia umbrella doctor weathers the economic storm

Says customers from all over the country bring their and often their friends' umbrellas for repair

Finance Minister addresses rating agencies, highlights positive indicators and reforms

Finance Minister addresses rating agencies, highlights positive indicators and reforms

BOJ's Ueda says 'very likely' to hike rates if inflation keeps rising

BOJ's Ueda says 'very likely' to hike rates if inflation keeps rising

China's imports of Russian oil near record high in March

China's imports from Russia jumped 12.5% on the year to 10.81 million metric tons last month

Tesla cuts US prices of Models Y, X, S by $2,000

Tesla is to report first-quarter earnings on Tuesday

Tesla chief Elon Musk postpones India trip, as South Asian nation goes to polls

Says he is looking forward to plan the visit later this year

IMF concerned about debt, fiscal challenges facing low-income countries

Georgieva terms it a huge burden for these nations

Oil down over 3pc during the week despite Israel-Iran tensions

The IMF expects OPEC+ to begin increasing output from July

Political heat prods Japan, South Korea to team up on weak currencies

Political heat prods Japan, South Korea to team up on weak currencies

IMF urges Italy, France to spend less, Germany to loosen purse strings

IMF urges Italy, France to spend less, Germany to loosen purse strings

JPMorgan dealmakers Lipsky and Lee are leaving the bank

JPMorgan dealmakers Lipsky and Lee are leaving the bank

Shipping industry urges UN to protect vessels after Iran seizure

Shipping industry urges UN to protect vessels after Iran seizure

France asks retailers to alert customers to cases of 'shrinkflation'

France asks retailers to alert customers to cases of ‘shrinkflation’

PSX turns bullish, gains 619 points

PSX turns bullish, gains 619 points

EU probes on Chinese subsidies and imports

EU probes on Chinese subsidies and imports

GM and Ford count on gas-powered trucks as EV growth slows

The slowdown in global electric-vehicle demand, forced companies to go for gasoline-powered vehicles

Oil slips despite reported Israeli attack on Iran

the benchmark contracts jumped more than $3 in the session

Pakistan economy improving, funds will be provided on request: IMF

Officials say more work needed to reform energy sector

Pakistan aims to agree outline of new IMF loan in May - Finance Minister

He declined to outline what size programme the government hoped to secure

PM Shehbaz orders expediting privatisation, outsourcing of Discos

PM Shehbaz orders expediting privatisation, outsourcing of Discos

Govt likely to jack up power tariff by Rs2.49 per unit

The overall cost of electricity production was Rs73 billion in March

Wall Street rises in premarket as bond markets stabilize and earnings roll in

Wall Street rises in premarket as bond markets stabilize and earnings roll in

Nokia sees double-digit fall in January-March sales as weak market for 5G technology prevails

Nokia sees double-digit fall in January-March sales as weak market for 5G technology prevails

UN says solutions exist to rapidly ease debt burden of poor nations

Rebeca Grynspan compared the debt burden facing poorer countries to "a reverse blood transfusion"

Dollar rally stalls after rare FX warning from finance chiefs

The finance chiefs of the United States, Japan and Korea warned over sharp fall in other currencies

Asia stocks bounce as soaring dollar pauses

MSCI's broadest index of Asia-Pacific shares outside Japan up 1%, S. Korea's Kospi 2%, Hang Seng 1%

Aurangzeb discusses Pakistan-US relations with Donald Lu, economy with IMF

Aurangzeb briefed the US officials about Pakistan's reform agenda

Apple CEO says company will 'look at' manufacturing in Indonesia

Apple CEO says company will ‘look at’ manufacturing in Indonesia

South Korea, Japan vow 'appropriate action' on weak won and yen

Won and yen have weakened more than 7pc and nearly 9pc respectively against US dollar this year

Stock market today: Most of Wall Street weakens again as Treasury yields rise more

Stock market today: Most of Wall Street weakens again as Treasury yields rise more

Tesla's global job cuts include leading markets US, China

Tesla's global job cuts include leading markets US, China

Apple CEO says that he wants to increase investments in Vietnam

Apple CEO says that he wants to increase investments in Vietnam

Fire rages through the 17th-century Old Stock Exchange in Copenhagen, toppling the iconic spire

Fire rages through the 17th-century Old Stock Exchange in Copenhagen, toppling the iconic spire

Pakistan invites Saudi Arabia for joint ventures in PIA, airports

Saudi FM Prince Faisal bin Farhan Al Saud-led delegation is in Pakistan on an official visit

IT, Telecom sector having vast investment opportunities: Shaza Fatima

Says the present government is committed for the promotion of investment in the country

Pakistan, IMF discussing new multi-billion-dollar programme: Aurangzeb

Ready to engage in initial discussions with Pakistan on new loan deal: IMF spokesperson

PIA flight leaves 50 passengers in Jeddah due to small plane

Plans are being made to send a special plane to bring them back from Jeddah

Petroleum prices hiked by up to Rs8.14 per litre

Petroleum prices hiked by up to Rs8.14 per litre

PSX witnesses bullish trend, gains 229 more points

A total of 555,214,972 shares valuing Rs21.986 billion were traded during the day

Dollar edges lower, yen at 34-year trough

Dollar edges lower, yen at 34-year trough

Fuel prices likely to go up by Rs8.50 per litre

Officials say petrol price has gone up by about $4 per barrel to $98.5 last week

World Bank sounds alarm on 'historical reversal' of development for poorest nations

Gap in per capita income growth in the poorest countries and the richest widened over past 5 years

Electricity distribution companies are involved in overbilling: Naqvi

Says crackdown in progress against power theft, tariffs are too high

Gulf markets tick down after Iran attacks Israel, global traders on edge

Gulf markets tick down after Iran attacks Israel, global traders on edge

Imminent heatwaves: India asks companies to fire-up power plants to meet rising electricity demand

The South Asian nation registered an 8pc rise in consumption in the last financial year

Thailand's Central buys German luxury retail property

Thailand's Central buys German luxury retail property

Japan's ambitious Osaka World Expo

Japan's ambitious Osaka World Expo

Pakistan seeking potential follow-up loan programme to $3bn SBA, says IMF chief

Pakistan seeking potential follow-up loan programme to $3bn SBA, says IMF chief

ADB forecasts Pakistan's growth but stresses on reforms

In Pakistan, growth is forecast rising at 1.9pc in FY2024 and 2.8pc in FY2025

Power tariff decreased by Rs3.82 per unit, says energy minister

Power tariff decreased by Rs3.82 per unit, says energy minister

Japan says it won't rule out any FX action as yen hits 34-year low

Suzuki also said excessive currency moves are not desirable

Lufthansa agrees pay rise with flight attendants after strike

Employees will receive a 16.5% total pay rise in three stages

Airbus facing upfront costs to support jet output increase

Airbus is targeting a roughly 50% increase in production of its A320neo.

Unraveling US rate cut bets spur investor portfolio shifts

Expectations for how much policy easing the Federal Reserve can deliver are falling rapidly.

China says economy 'stable,' rejects Fitch Ratings downgrade of its fiscal outlook

China says economy ‘stable,’ rejects Fitch Ratings downgrade of its fiscal outlook

China says EU's wind turbine subsidy probe 'discriminatory'

China is highly concerned about the discriminatory measures taken by the European Union.

Wheat under pressure on supply outlook; corn, soybeans climb

Soybeans rose for the first time in three sessions, while corn also firmed.

Puma hones focus on speed in Olympic battle with Adidas and Nike

CEO Freundt is revamping Puma's "Forever Faster" message in its first brand campaign in a decade

Alibaba's Jack Ma steps out from the shadows with morale-boosting post

Alibaba's Hong Kong-listed shares surged 5% after the post

Apple's India iPhone output hits $14 bln, Bloomberg News reports

Apple now makes as much as 14% or about 1 in 7 of its marquee devices from India, the report said

India's blue-chips set to open higher; US inflation in focus

India’s GIFT Nifty was trading at 22,825.

After issuing factory capacity warning to China, Yellen faces tariff decisions

Her other option is to press for time to allow a new US-China dialogue on the issue

Fitch cuts China's ratings outlook on growth risks

The downgrade follows a similar move by Moody's in December

Asian stocks firm, take Fitch's China downgrade in their stride

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.48%, after US stocks ended up

Wall Street weakens as bond yields ease ahead of inflation report

Wall Street weakens as bond yields ease ahead of inflation report

Suzuki Pakistan posts Rs10b loss in 2023 for poor sales

The company’s sales dropped by half from Rs. 202 billion to Rs. 102 billion

Rs84b recovered, 62,000 held in drive against power thieves

The campaign aims to recover lost revenues

No proposals received to levy GST on petroleum products, says minister

Malik clarifies there is no pressure from US regarding Russian oil purchase

Workers' remittances up by 31.3pc to 3bn dollars in March 24

Remittances inflows during March 2024 were mainly sourced from Saudi Arabia ($703.1 million)

Nepra hikes power tariff by Rs4.92 per unit

Nepra hikes power tariff by Rs4.92 per unit

Global shares mostly rise as investors look to earnings and inflation signs

Global shares mostly rise as investors look to earnings and inflation signs

Big drop in solar panel prices in Pakistan

The decrease in solar panel prices is attributed to the surge in production

Dutch set to comply with US demands on China exports

It would be a setback for China's attempts to build up its domestic chip industry

'Market of Fakes' in Naples, capital of counterfeits and Camorra

The southern metropolis is ground zero for Italy's estimated 6-7 billion euro counterfeit market

Hit hard by extreme weather, some Indian farmers say expanding natural farming is the answer

Experts calling for using these methods across India amid climate change and decreasing profits

High-speed train transports 1.3m Umrah pilgrims during Ramazan

The electric train meets the highest safety standards

India must keep e-scooter subsidies to boost adoption

India must keep e-scooter subsidies to boost adoption

Pakistan welcomes foreign investment, businesses, says PM Shehbaz

Pakistan welcomes foreign investment, businesses, says PM Shehbaz

PM-led delegation leaves for Saudi Arabia on three-day visit

Besides performing Umrah, PM's meeting with Saudi Crown Prince is also expected

Pakistan consumers may face the brunt as oil prices up over 4pc in a week

US economy added 303,000 jobs last month, which may delay Federal Reserve interest rate cuts

Tesla scraps low-cost car plans amid fierce Chinese EV competition

Tesla scraps low-cost car plans amid fierce Chinese EV competition

India's foreign exchange reserves rise for sixth week to record high

India's foreign exchange reserves rise for sixth week to record high

Armani Group company put in receivership amid labour exploitation probe

Armani Group company put in receivership amid labour exploitation probe

Mobile phones' prices decreased significantly

Around 20 models have reduced their prices

India EV sales to rise 66% this year

India EV sales to rise 66% this year

Weekly inflation up by 0.96 percent in Pakistan

Out of the 51 items, prices of 16 items increased and 13 items decreased

India's rate panel holds key rate steady on robust growth, above target inflation

The Reserve Bank of India kept the main lending rate unchanged at 6.5%, in line with expectations

Philippine inflation quickens again in March as rice soars

The consumer price index rose 3.7% in March from a year ago, the statistics agency said on Friday

Yellen launches contentious meetings on Chinese excess production threat

The US is concerned about China’s overproduction of electric vehicles, solar panels, semiconductors

Pakistan opens trade gateway to Central Asia with potato shipment to Tajikistan

These investments aim to enhance economic connectivity

Sialkot airport to remain shut from May 6 to 18

No domestic, international flights will be operating

Japan likely to intervene if yen falls well below 152 vs dlr

Japan likely to intervene if yen falls well below 152 vs dlr

Inflation has slid again in Europe. Here's what that means for interest rates

Inflation has slid again in Europe. Here’s what that means for interest rates

PM orders formulation of plan to increase revenue

PM orders formulation of plan to increase revenue

Majority of recent CO2 emissions linked to just 57 producers, says report

Aramco, Gazprom and Coal India are the top three emitters

Hunger grips southern Africa as Zimbabwe drought declared a disaster

Entire region from Botswana and Angola to Mozambique and Madagascar also facing the crisis

Netherlands envoy calls on FinMin

Both the leaders discuss bilateral trade ties and matters of mutual interests

Wall Street drifts in early trading as its momentum ebbs following a big run

Wall Street drifts in early trading as its momentum ebbs following a big run

Blackstone to invest $2 bln a year in India

Blackstone to invest $2 bln a year in India

First major central bank rate cut marks turning of the cycle

First major central bank rate cut marks turning of the cycle

Punjab fixes wheat support price at Rs3,900 per 40kg

Cabinet also approved Wheat Procurement Policy 2024-25

Call to increase taxes on tobacco

Call to increase taxes on tobacco

German family businesses desperately seeking buyers

Ageing population leading to skilled workers shortage and stagnant economy are the reasons

China solar industry faces shakeout, but rock-bottom prices to persist

Janet Yellen, set to visit China this week, plans to warn Beijing of the harm by subsidies

ECB needs to stop subsidizing banks: Holzmann

Banks are sitting on 3.2 trillion euros of excess liquidity, parking it at the ECB at a 4pc rate

PM Shehbaz says promotion of foreign direct investment top priority of his govt

Instructs ministries to enhance contact with Gulf countries regarding progress on respective MoUs

Ajax suspends CEO over insider trading suspicions

Ajax suspends CEO over insider trading suspicions

PM Shehbaz sets ambitious goal to double country's exports in five years

PM Shehbaz sets ambitious goal to double country's exports in five years

US job openings rise modestly to 8.8 million in February in strong labor market

US job openings rise modestly to 8.8 million in February in strong labor market

Russian billionaires see collective wealth near $600 bln: Forbes

Russian billionaires see collective wealth near $600 bln: Forbes

Wall Street sinks on rate worries as health care stocks and Tesla tumble

Wall Street sinks on rate worries as health care stocks and Tesla tumble

GE completes three-way split, breaking off from its storied past

GE completes three-way split, breaking off from its storied past

Thailand tourism boom in first quarter with 9.4m foreign tourists who spent $12.4bn

China was the top source with 1,756,337 arrivals, followed by Malaysia, Russia, others

Xiaomi market value soars by up to $7.6bn on EV launch

Following the SU7 launch, other Chinese EV brands with comparable models announced price cuts

Climate change and extreme weather: Lack of rain, heat could hinder Ivory Coast cocoa crop

Marketing for the mid-crop officially opens in early April, with a new farmgate price set by govt

Govt inflicts further hardships as power tariff up by Rs2.75

Additional changes will be collected in electricity bills of April, May and June.

Debt, trade barriers and uncertainty will drag on Asian economies in 2024, World Bank report says

Debt, trade barriers and uncertainty will drag on Asian economies in 2024, World Bank report says

Donald Trump's social media company lost $58 million last year. Freshly issued shares tumble

Donald Trump’s social media company lost $58 million last year. Freshly issued shares tumble

Kimmeridge ready to negotiate proposed offer for SilverBow

Kimmeridge ready to negotiate proposed offer for SilverBow

Millions of recalled Hyundai and Kia vehicles with a dangerous defect remain on the road

Millions of recalled Hyundai and Kia vehicles with a dangerous defect remain on the road

OPEC oil output falls in March, led by Iraq

OPEC oil output falls in March, led by Iraq

Turkey's lira gained, stocks wobbled after opposition logged victory

Turkey's lira gained, stocks wobbled after opposition logged victory

UPS to replace FedEx

UPS to replace FedEx

Punjab govt to give Rs150bn loans to framers

Punjab govt decides to extend loans of Rs150 bn to framers

LPG price reduced by Rs6.44 per kg

New price of 11.8 kg domestic cylinder is fixed at 2,954 cylinder for the month of April

UAE culture: Emiratis battle to preserve dying embroidery art

The authorities are working to preserve traditions that predate the oil industry

Rs9.66 per litre increase in petrol price adds to public woes ahead of Eid

Government says the move is in line with spike in international prices

Nippon Steel emphasises its 'deep roots' in the US

Nippon Steel emphasises its 'deep roots' in the US

Japanese banks less reluctant to finance hostile takeovers

Japanese banks less reluctant to finance hostile takeovers

French antique art dealers lobby against EU rules that threaten trade

French antique art dealers lobby against EU rules that threaten trade

Thailand gaming industry: PM presses case for casinos to boost revenues, tourism and jobs

The parliament approves a plan to study the possibility of creating entertainment complexes

India youth unemployment much higher among graduates: ILO

Jobless rate in their case stands at 29.1pc. It is 3.4pc if they cannot read or write

Bulgaria, Romania join partially Schengen zone

New status doesn’t apply to land routes after a veto by Austria which fears asylum seekers’ influx

Italy birth rate falls for 15th year running to a record low

The country has seen real wage decline since 1990

New York 'trash revolution' targets overflowing waste, and the rats feasting on it

If a day's trash bags were lined up, they would reach 27 miles

New tax imposed on traders as FBR issues notification

Registration of traders, shopkeepers will begin on April 1

Murad, Aurangzeb agree to attract foreign investment

This emerged in a meeting between the two at CM House on Saturday

Indonesia deforestation is intensifying disasters from extreme weather and climate change

Study shows forest conversion triggers soil erosion in rainfall.

Egypt population growth slows to 1.4pc, as a majority of people faces poverty

The Arab world's most populous country is currently home to just over 106m people

Syngenta ditches multi-billion dollar China IPO bid

Syngenta ditches multi-billion dollar China IPO bid

There's no need for diesel export ban: Russia's Novak says

There's no need for diesel export ban: Russia's Novak says

US inflation increases

US inflation increases

With China EV launch, Xiaomi's 'Thor' takes on Elon Musk

With China EV launch, Xiaomi's 'Thor' takes on Elon Musk

Pakistan, Azerbaijan to enhance cooperation in IT and Telecom sector

Azerbaijan ambassador congratulated her for assuming charge as state IT minister

President for promoting barter trade, economic ties with Iran

The Iranian ambassador congratulated the president on assuming the office

Asian shares are mostly higher after another set of Wall St records

Asian shares are mostly higher after another set of Wall St records

No discussion on China-Pakistan deals in negotiations: IMF

The donor expressed satisfaction at implementation of its recommendations in the stand-by agreement

Vietnam economy expands by 5.66pc in Q1 as exports boom

First quarter numbers are generally lower because of festival holidays

Chinese tech giant Huawei says profits more than doubled in 2023

Sanctions since 2019 have cut the firm's access to US-made components and technologies

Seoul bus drivers end strike after city agrees to wage increase

The Seoul Bus Labor Union and their employers agreed to a 4.48% wage hike

Finance minister hopeful about positive outcome of meeting with IMF

The KSE-100 index gained 90 points to reach 67,232 points in the early morning trading

Fallen cryptocurrency mogul Bankman-Fried sentenced to 25 years in jail

Fallen cryptocurrency mogul Bankman-Fried sentenced to 25 years in jail

US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate

US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate

Wall Street holds near records as it coasts to another winning month and quarter

Wall Street holds near records as it coasts to another winning month and quarter