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China hits back with more tariffs on US goods taking total to 125%
Monitoring Desk BEIJING: China said on Friday it would raise tariffs on US goods to 125 per cent but would ignore further levies by President Donald Trump because it no longer makes economic sense for importers to buy from America. After...
12-04-2025
PSX sheds over 1,300 points amid global market slump
Staff Report KARACHI: Negative sentiment returned to the Pakistan Stock Exchange (PSX), tracking a global market slump, as the benchmark KSE-100 Index shed over 1,300 points on Friday.The KSE-100 witnessed range-bound trading in...
12-04-2025
Gold price up by Rs 10,000 per tola
Staff Report ISLAMABAD: The price of 24 karat per tola gold increased by Rs.10,000 and was traded at Rs.338,800 on Friday as compared to its sale at Rs328,800 on the previous trading day, All Pakistan Sarafa Gems and Jewellers...
12-04-2025
PSX stays bullish, gains 1,139.14 more points
APP ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 1,139.14 points, a positive change of 0.98 percent, closing at 117,772.31 points as compared to 116,633.17 points...
27-03-2025
Pakistan to issue first Panda Bond in China this year: Finance Minister
APP BEIJING: Finance Minister Muhammad Aurangzeb has revealed that Pakistan is preparing to issue its first-ever Panda Bond in the Chinese market this calendar year. “I have been advocating, and I am very keen, that Pakistan—taking...
27-03-2025
PSX witnesses bearish trend, loses 2,002 points
APP ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 2,002.56 points, a negative change of 1.69 percent, closing at 116,439.62 points as compared to 118,442.18 points on the...
25-03-2025
Commerce Minister invites Dutch investors for investment in textile sector
Staff Report ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan and the Dutch Ambassador to Pakistan Henny Fokel de Vries on Monday discussed enhancing trade, investment, and economic cooperation between the two nations, focusing...
25-03-2025
Govt plans to strengthening industry-academia linkages: Ahsan
APP LAHORE: Federal Minister for Planning, Development, and Special Initiatives Prof. Ahsan Iqbal has said that addressing Pakistan’s dual challenges of economic stability and climate change requires a strategic, coordinated,...
24-03-2025
Net metering policy: Industry leaders slam unilateral changes
Monitoring Desk LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), along with key industry leaders, have strongly criticized the government’s unilateral changes to the net metering policy, warning that...
24-03-2025
Senate committee for routing National Green Taxonomy via CCI to ensure compliance
APP KARACHI: The Senate Standing Committee on Climate Change and Environmental Coordination, Wednesday, recommended submission of National Green Taxonomy and climate policies to the Council of Common Interests (CCI) and engagement...
20-03-2025
WB, Pakistan discuss Country Partnership Framework
APP ISLAMABAD: A follow-up meeting was held here Monday between Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb and the World Bank team to discuss Pakistan’s national growth and fiscal program under the 10-year...
18-03-2025
Finance Minister, EU ambassador discuss ways to strengthen business ties
APP ISLAMABAD: EU Ambassador Dr. Riina Kionka on Friday called on Minister for Finance and Revenue Senator Muhammad Aurangzeb, and discuss ways to enhance business and investment ties between the European Union and Pakistan. During...
15-03-2025