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ReutersThe Express Tribune |
Working-class car buyers will be the hardest hit by US President Donald Trump’s 25 per cent tariff on imported vehicles because almost all low-cost...
Prime Minister Shehbaz Sharif on Wednesday commended his team for unlocking the new $1.3 billion arrangement with the International Monetary Fund...
The government said on Wednesday the country’s GDP growth rate was 1.73 per cent in the second quarter of the current financial year ending on June...
DUBAI: Iran’s currency fell below the psychologically key level of 1,000,000 rial per US dollar on Tuesday, as market participants saw no end in...
Prime Minister Shehbaz Sharif on Wednesday commended his team for unlocking the new $1.3 billion arrangement with the International Monetary Fund...
ROME: Negotiations on a potential contract between Elon Musk’s satellite internet operator Starlink and the Italian government have stalled,...
NEW DELHI: Indian Prime Minister Narendra Modi’s government has decided to let lapse a $23 billion programme to incentivise domestic manufacturing,...
HOUSTON: Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East countered...
NEW YORK: Oil prices eased about one per cent on Tuesday as US President Donald Trump and Russian President Vladimir Putin discussed moves to end the...
DUBAI: Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on Wednesday, deepening...
LONDON: Oil prices were down 1pc on Monday as uncertainty about US tariffs and rising output from OPEC producers pressured the market, although...
China has rolled over a $2 billion loan to Pakistan, Adviser to the Finance Minister Khurram Schehzad told Reuters in a text message on Saturday. The...
KARACHI: The government is negotiating a Rs1.25 trillion ($4.47 billion) loan with commercial banks to reduce its bulging energy sector debt, the...
US President Donald Trump said on Thursday he likely will make his first trip abroad to Saudi Arabia to seal an agreement for Riyadh to invest upwards...
Most analysts predict a seventh consecutive rate cut by the State Bank of Pakistan (SBP) on Monday, amid the first International Monetary Fund (IMF)...
Saudi oil giant Aramco said on Tuesday that it expects to declare total dividends of $85.4 billion in 2025, a near 30 per cent drop from payouts in...
Finance Minister Muhammad Aurangzeb on Tuesday confirmed that discussions between the International Monetary Fund (IMF) and Pakistan for the first...
US President Donald Trump’s new 25 per cent tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on...
India’s Trade Minister Piyush Goyal started on a trip to the United States on Monday to pursue trade talks, two government officials said, with...
ISLAMABAD: Hong Kong conglomerate CK Hutchison Holdings Limited’s ports subsidiary plans to invest $1 billion to upgrade its operations in Pakistan,...
Nvidia’s strong growth forecast for the first quarter on Wednesday signalled that booming demand for its artificial intelligence (AI) chips was...
The finance ministry, in its monthly economic outlook report on Thursday, said that the consumer price index (CPI) inflation would maintain its stable...
DeepSeek, the Chinese startup which triggered a $1 trillion-plus sell-off in global equities markets last month with a cut-price AI reasoning model,...
Qatar has committed to investing $10 billion in India across various sectors, the two nations said in a joint statement on Tuesday, after Qatar’s...
Qatar has committed to investing $10 billion in India across various sectors, the two nations said in a joint statement on Tuesday, after Qatar’s...
Qatar has committed to investing $10 billion in India across various sectors, the two nations said in a joint statement on Tuesday, after Qatar’s...
Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce are expanding parts sourcing from India, driving growth in the country’s emerging...
ISLAMABAD: Habib Bank Ltd (HBL) and global financial information and analytics firm S&P Global have launched Purchasing Managers’ Index (PMI) to...
KARACHI: AsiaPak Investments, a private investment firm with operational assets in Pakistan and Hong Kong, and Middle Eastern oil and gas...
YOKOHAMA: Nissan and Honda ended merger talks to forge a $60 billion car company on Thursday, pitching Nissan deeper into uncertainty and highlighting...
Mexico, Canada and the European Union on Tuesday condemned US President Donald Trump’s decision to impose tariffs on all steel and aluminium imports...
A consortium led by Elon Musk said on Monday it has offered $97.4 billion to buy the nonprofit that controls OpenAI, another salvo in the...
SINGAPORE: Oil prices ticked higher on Monday even as investors weighed US President Donald Trump’s latest tariff threat, this time on...
SINGAPORE: Global wheat imports are likely to drop this year as slowing economic growth among top buyers, a stronger greenback and higher local cereal...
DUBAI: Iran’s currency fell on Saturday to a new all-time low against the US dollar after the country’s supreme leader rejected talks with the...
KARACHI: Pakistan’s liquefied natural gas (LNG) pact with Qatar allows for either party to initiate renegotiation talks next year but no decision...
BENGALURU: Canadian miner Barrick Gold’s overall proven and probable gold reserves jumped 23 per cent to 17.4 million ounces at the end of 2024,...
Pakistan and China have agreed to strengthen their bilateral cooperation in counter-terrorism activities, reiterating that any attempt to undermine or...
Pakistan and China have agreed to strengthen their bilateral cooperation in counter-terrorism activities, reiterating that any attempt to undermine or...
DUBAI: Iran’s President Masoud Pezeshkian urged Opec members to unite against possible US sanctions on the major oil producer, after US President...
WASHINGTON: The US trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, which might...
The United States is discussing whether to add Chinese ecommerce retailers Shein and Temu to the Department of Homeland Security’s (DHS) “forced...
India’s finance ministry has asked its employees to avoid using AI tools including ChatGPT and DeepSeek for official purposes, citing risks posed to...
OpenAI said on Tuesday it will develop artificial intelligence (AI) products for South Korea with chat app operator Kakao, unveiling a second major...
China on Tuesday slapped tariffs on US imports in a rapid response to new US duties on Chinese goods, renewing a trade war between the world’s top...
The federal government on Monday signed an agreement with the Saudi Fund for Development (SFD) to defer by one year a $1.2 billion payment on oil...
Bears took hold of the trading floor on Monday at the Pakistan Stock Exchange (PSX) as shares proceeded to decline 1,500 points. The benchmark KSE-100...
India does not want to give any signal that it is protectionist, the top bureaucrat in the finance ministry said, after slashing import duties on...
China’s initial proposal to tariffs imposed by US President Donald Trump’s administration will centre on restoring the “Phase 1” trade deal...
Bears took hold of the trading floor on Monday at the Pakistan Stock Exchange (PSX) as shares proceeded to decline 1,500 points. The benchmark KSE-100...
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