ISLAMABAD: This month, the US Bureau of Industry and Security revealed a new package of strategic export controls on 140 Chinese companies, driven by a fear that the Chinese army

Japanese automakers Honda and Nissan have officially announced they have entered merger discussions to create the world’s third-largest automaker by sales.   The merger aims to help both companies compete

KARACHI: Pakistan’s weekly inflation reading, measured through the Sensitive Price Indicator (SPI), increased 0.38% owing to a hike in food prices in the week ended December 19, 2024. According to

Prime Minister Shehbaz Sharif has instructed authorities to target tax defaulters and enforce strict measures to bring them into the tax net. His comments came during a crucial review meeting

Chinese company ADM Group has unveiled a major investment of $350 million in Pakistan, with backing from the Special Investment Facilitation Council (SIFC).   As part of the initiative, ADM

Gold prices have surged both globally and locally, with a notable increase in bullion market rates.   On the international front, the price of gold per ounce rose by $21,

KARACHI: The foreign exchange reserves, held by the State Bank of Pakistan, rose $31 million to $12.08 billion in the week ended December 13, 2024, according to data released by

LONDON: Oil prices rose slightly on Thursday, supported by falling US crude inventories, though gains were limited after the US Federal Reserve signalled it would slow the pace of interest

ISLAMABAD: The cabinet has given the go-ahead for signing revised agreements with eight bagasse-based independent power producers (IPPs), owned by the ruling elite and political barons.   According to the