Gold worth billions of dollars flows illegally out of Africa each year: Report
United Arab Emirates. Turkey and Switzerland are the main destinations
China food security law comes into force, targets absolute self-sufficiency
It includes protection of farmland from being converted to other uses
Ignoring PM's directions, finance ministry makes nominal cut in POL prices
New petrol price would be Rs 268.36 per litre and diesel would be available at Rs 270.22 per litre.
Japan's DMM Bitcoin says over $300 mln of cryptocurrency lost
Japan's DMM Bitcoin says over $300 mln of cryptocurrency lost
PM directs finance ministry to reduce petroleum prices by up to Rs15.4 per litre
PM Shehbaz directs finance ministry to reduce petroleum prices by Rs15.4 per litre
China factory indicator falls in May, suggesting growth has faltered
China factory indicator falls in May, suggesting growth has faltered
Shares in Trump Media slump after former president convicted in hush money trial
Shares in Trump Media slump after former president convicted in hush money trial
Planning commission proposes Rs2709 bn development budget for 2024-25
Annual plan committee sets expenditure plans, GDP growth for next fiscal year
Govt to set budget at Rs295/$ amid fears of currency devaluation
Decision sparks concerns regarding budget's viability
Pakistan farmers pin poor mango crop on climate change
Pakistan is the world's fourth-largest mango producer
PM urges auto industry to start local manufacturing
Shehbaz says efforts afoot to boost country's exports
OPEC+ working on complex production cut deal for 2024-2025, sources say
OPEC+ has made a series of cuts since late 2022 amid rising output from the US and other non-members
Asia stocks sedate, dollar steady as inflation tests await
A downward revision to consumer spending meant the US economy grew more slowly than expected
Oil falls as Fed policymakers look to maintain rate cuts, gasoline stocks rise
Brent futures lost 12 cents to trade at $81.74 a barrel, while US WTI was down 17 cents to $77.74
Khyber Pakhtunkhwa to form Disco of its own
Minister says allocations for Disco made in upcoming budget
PM Shehbaz elevates warehouse and logistics to industry status
Business community thanks the PM for addressing its longstanding demand
Pakistan signs MoUs with Kuwait on industrial cooperation
Pakistan extended offers to Kuwait for collaboration in pharmaceutical sector
CM Maryam says govt trying to attain economic development
Says construction of garment city at park will empower thousands of women
Do police have plan to prevent crime ahead of Eidul Azha?
The Punjab police say they are alive to the need for special measures to check crime
Southeast Asia gas expansion threatens green transition: Report
The region's existing plans project a doubling of gas-fired power capacity
The rich to push India home prices higher, affordable housing supply to lag demand
Home purchases driven by select few who mostly remain unaffected by higher interest rates
Joining Amazon's sellers list earns Pakistan $48.5m in e-commerce exports
Joining Amazon’s sellers list earns Pakistan $48.5m in e-commerce export
More people make 'no-buy year' pledges as overspending or climate worries catch up with them
More people make ‘no-buy year’ pledges as overspending or climate worries catch up with them
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
Petrol, diesel prices likely to dip by up to Rs7.5 per litre
The current rate of petrol in Pakistan stands at Rs273.10 per litre
Global shares decline as higher Treasury yields weigh on stocks
Global shares decline as higher Treasury yields weigh on stocks
MSC Anna - World's largest container vessel docked at Karachi port
The arrival of the imposing MSC Anna highlights the nation’s advancing maritime capabilities
Eidul Azha 2024 - Digital options in sacrificial animal trade
Business activities associated with the festival have transformed over the years
China calls for Red Sea attacks on civilian ships to end
China calls for Red Sea attacks on civilian ships to end
Supply of fertilizers to farmers will be ensured at all costs: CM Maryam
A special helpline to be set up for registration in Kisan Card Programme
Pakistan reviving Belt and Road Initiative projects: Ahsan Iqbal
The government is looking forward to joint ventures for renewable energy projects
Pakistan, Cambodia sign MoU on trade, investment promotion
The deal was inked in Phnom Penh between officials of both sides
China is back in Africa and doubling down on minerals
Some analysts argue relationship between the two contains echoes of colonial-era Europe
Vulcan rejects Mexico's 'illegal expropriation' of its investments
Vulcan rejects Mexico's 'illegal expropriation' of its investments
Ghee prices dropped at Utility Stores
One kg packet of ghee will be available for Rs445 instead of Rs463
Finance Bill 2024-25 with new taxes tabled in KP Assembly
Finance Minister Aftab Alam presented the bill
Ogra rejects SSGC's request to install 25,000 new connections
Gas company demands Rs28 million for the installation of new connections
South Korea real estate scams produce debt and suicide
It has a unique system known as ‘jeonse’ which has fallen in popularity due to attached risks
Indian spice brands with millions of consumers across world probed over pesticides in mixes
Growing global scrutiny of Indian spices may hit country’s spice export industry
SBP to introduce QR code-based payment mechanism at cattle markets
It facilitates purchase of sacrificial animals
Proxy firm advises Tesla shareholders to reject $56 billion Elon Musk pay package
If passed, it will be the largest in corporate America
Inflation effects: Thousands protest against mass tourism in Spain's Balearic Islands
Increase in rents cited as one of the main reasons
Yellen says India and China hindering 'Pillar 1' tax deal
The Pillar 1 negotiations are aimed at reallocating the taxing right on US-based digital giants
KP budget before Federation, insult to people's mandate: Amir Muqam
PTI failed to bring considerable investment in the province: Fed Minister
PM rejects FBR's suggestions on petroleum, sales tax
Directs FBR chairman to come up with alternate steps
PM Shehbaz says will not tolerate obstacles to foreign investment
Meeting began at 1pm at Prime Minister's House
Wall Street rises to erase its losses for the week
Wall Street rises to erase its losses for the week
Khyber Pakhtunkhwa unveils surplus budget of Rs1,754bn for 2024-25
Khyber Pakhtunkhwa unveils budget for fiscal year 2024-25
Ogra jacks up LNG prices by 6.49pc
The per mmbtu price has been increased by $0.80 for the Sui Northern system
PSX hits new peak amid IMF programme advancement, UAE investment pledge
PSX surpasses 76,000-point milestone for first time
Significant progress on new loan for Pakistan, says IMF mission
An IMF team, led by mission chief Nathan Porter, concludes discussions
US's Yellen expresses concern over rising living costs, FT says
Yellen said "They see it when they shop for food, in terms of rentals, higher mortgage rates"
Asian markets fall after US data dent rate cut hopes
A weeks-long rally in equities has petered out in the past few days on profit-taking
Oil steady as investors weigh US rate fears, firmer seasonal demand
Brent crude futures rose 2 cents at $81.38 a barrel while US WTI crude down 1 cent at $76.86
Govt urged to ban Rs5,000 note to cut cash transactions
Overseas investors say NTN should be made mandatory for opening bank accounts
Russia finds it challenging to keep the lid on oil output
Russia finds it challenging to keep the lid on oil output
US weekly jobless claims fall further as labor market remains strong
US weekly jobless claims fall further as labor market remains strong
India needs lower tax on recruitment services to boost jobs, says industry body
The unemployment rate among young women climbed to 22.7%
Texas power demand to break May record in heat wave on Friday
Extreme weather in Texas is a reminder of the February freeze in 2021
Most of Wall Street rises as Nvidia's profit report keeps AI euphoria rolling
Most of Wall Street rises as Nvidia’s profit report keeps AI euphoria rolling
PM Shehbaz in UAE: Pakistan seeks investment, not loans
Shehbaz all praise for UAE for being a leader in IT
KP govt set to present Rs1,600bn surplus budget 2024-25
Meeting of provincial cabinet is called at 11am on May 24 for approval of the budget
PM Shehbaz against surge in sugar prices, says ECC to deliberate on sugar import
Premier told nearly 40 sugar mills teetering on brink of closure due to financial constraints
PM Shehbaz reaches UAE to hold investment talks
Meeting with President Mohammed bin Zayed Al Nahyan is scheduled
Pakistan's mobile phone imports increase by 200pc in 10 months
The rise compared to the $473.287m recorded in same period last year
Wall Street drifts around its records as quiet trading continues
Wall Street drifts around its records as quiet trading continues
CPEC is enhancing Pakistan's developmental capacity: Chinese ambassador
A ceremony was held to mark the 73rd anniversary of China-Pakistan diplomatic relations
Electricity shortfall close to 6,000MW amid harsh weather
The government is utilising all resources but fails to meet the target
PM for steps to grant industrial status to gems, precious stones sector
Shehbaz orders immediate activation of Gems and Jewelry Development Company
Bidding for PIA will be broadcast live, Aleem Khan tells senators
Minister says entire privatisation process will be transparent, publicly accessible
Asia-Pacific real estate assets at 'high risk' from climate change: Report
REITs worth about $3tr globally are considered safe havens for long-term investors
Yellen pushes for joint G7 response to China industrial overcapacity
Says they shared US concerns about Chinese efforts to dominate clean energy industries
Pakistan's first Rs5 note put on OLX for Rs45,000
The display has sparked considerable buzz on social media
Pakistan improves tourism index on World Economic Forum
This is a significant improvement of 20 positions compared to its ranking in 2019
India inspects spice companies after contamination claims
India inspects spice companies after contamination claims
IMF cautions on timing of Bank of England rate cut
IMF cautions on timing of Bank of England rate cut
Farmers in Punjab to get subsidised machinery, interest-free loans
Development of agriculture sector is part of Punjab govt vision
IBM makes more AI models open source and lands Saudi Arabia deal
The Granite tools are designed to help software developers complete computer code faster
Corn, millet and rooftop solar. China farm family's newest crop
The push is working so well that the grid now has more power than it can handle in Shandong province
Pakistan IT exports to Saudi Arabia increase by $100m
Saudi Arabia could soon become Pakistan’s top destination for IT exports
Navigating inflation through innovative strategies
People devising ingenious strategies to weather economic storm
PM Shehbaz urges Turkish firms to expand investment, relocate industries to Pakistan
Turkish Foreign Minister Hakan Fidan calls on PM Shehbaz
Tesla doing damage-control, discounts for European fleet buyers
Efforts include unofficial discounts on new purchases and address service complaints
Indonesia minister says Musk to consider offer to build EV battery plant in country
Widodo also asked Musk to consider investing in an AI centre
China sanctions Boeing, two US defense contractors for Taiwan arms sales
Taiwan’s new president, has vowed to strengthen Taiwan’s security through imports
German firm to manufacture lightweight aircraft in Pakistan
These lightweight and flexible aircraft can be used for many different purposes
Govt taking steps to overcome power theft: Leghari
Economy has been taking a major hit due to the unstoppable and widespread power theft
Companies trying to attract more smartphone users across Africa. But there are risks
Just 25pc adults in sub-Saharan Africa have access to mobile internet coverage
Iraq father begins legal action against BP over son's cancer death
Gas flaring is reportedly responsible for the deceased being diagnosed with leukaemia
'Maldives what?' Saudi fashionistas attempt beach rebrand
Event is pitched as a milestone for Saudi fashion and tourism sector's growth
CPEC to inject new impetus to Pak-China relationship, says Chinese DCM
Says China is ready to work with friends from all walks of life in Pakistan
Wheat scandal committee yet to submit report
Price per sack (100kg) plummets to record low of Rs6,000
PM directs preparing tariff rationalisation for export sector industries
Govt would ensure the supply of electricity and gas to industries at affordable rates, says PM
Abu Dhabi, once an untapped desert city, sees its first brewery open as UAE relaxes its alcohol laws
Abu Dhabi, once an untapped desert city, sees its first brewery open as UAE relaxes its alcohol laws
Pakistan's freelancing landscape needs vibrant shades
Freelancing emerges as a beacon of hope for youth amidst vulnerable economy
Hong Kong allows China's digital yuan to be used in local shops
The yuan's use in global finance remains low, though it has shown steady increases
Govt jacks up power price by Rs1.47 per unit
The increase amount will be collected in August, September and October
Chinese firm aims to expand investments in Pakistan, shows interest in mining sector
PM Shehbaz assures Chinese company of maximum facilitation
Dollar set for weekly drop on US slowdown signs
The euro is up 0.8% on the dollar this week traded as high as $1.0895
Morning Bid: Markets ponder rate path, shares listless
Traders have priced in 70 basis points of ECB cuts this year – a lot more than the 46 bps
Oil set for weekly gain on signs of improving demand
Brent crude oil prices climbed 21 cents to $83.48 and US WTI crude rose 7 cents to $79.30 a barrel
Asian stocks mixed after Wall St, Europe retreat from records
All three main indexes in New York as well as London, Paris and Frankfurt turned lower on Thursday
It is yet to see how big fuel price reduction benefits consumers
It is not easy to bring down fares, rates of edibles increased previously
Wall Street lets off the accelerator after setting records
Wall Street lets off the accelerator after setting records FILE - An entrance to the New York Stock
Pakistan has enormous investment opportunities for overseas investors: Ishaq Dar
Says Pakistan has an easy access to European Union and markets
Dar, EXIM Bank chairman discuss cooperation, future investment
The deputy prime minister outlined Pakistan’s efforts for financial and economic stability
Weaker yen, cheaper Japan and over three million foreign tourists
The number of visitors for business and leisure was 3.04 million in April
World's most expensive mango 'Miyazaki' now grown in Karachi
It fetches astonishing price of Rs 300,000 per kg
PIA starts direct flights from UAE to Turbat
The aim of this weekly flight is to help Pakistani expatriates from Balochistan
Karachi timber traders strike against delay in clearing goods
Delay in clearance of timber containers at Karachi Port
Brazil's central bank fully committed to 3pc inflation target, board members say
Governor Roberto Campos Neto stressed that the bank will not shy away from the target
US House committee advances bill to restrict BGI, WuXi AppTec
US House committee advances bill to restrict BGI, WuXi AppTec
Pakistan, US agree to boost cooperation in IT, telecom sector
IT Minister Shaza Fatima meets US Ambassador Donald Blome
Govt set to collect another Rs374bn by hiking electricity prices
21.37 percent interest has also been recommended to be charged from the consumers
Qatar to sign more long-term LNG contracts this year
The Gulf State is one of the largest liquefied natural gas exporters
The water tanker drivers who keep 'India's Silicon Valley' Bengaluru going
Bengaluru has lost 79pc of its water bodies and 88pc of its green cover over 40 years
Stocks edge higher on Wall Street, adding to gains for May
Stocks edge higher on Wall Street, adding to gains for May
Dubai Unlocked: 17,000 Pakistanis own property worth $11bn in Dubai
17,000 Pakistanis have bought 23,000 properties in Dubai
Investors expect BHP to lift Anglo American offer again
Investors expect BHP to lift Anglo American offer again
World shares rest near record highs ahead of US inflation data
World shares rest near record highs ahead of US inflation data
PSX stays bullish, gains 732 points
It is expected Pakistan will reach an agreement with the IMF for a new four-year programme
PM directs routing proportion of country's imports through Gwadar Port
Orders foolproof security for Chinese workers
Non-filers to pay Rs90 out of every Rs100 mobile recharge
Non-compliance will lead to further penalties
UBL to establish regional office in Karachi's Naya Nazimabad
Bank has acquired 14,092 square yard commercial plot for office
Gold prices down by Rs1,200 per tola
The prices fall due to cut in prices in the international market
'Choose France' investment push bags record $16 billion in pledges
'Choose France' investment push bags record $16 billion in pledges
Schengen in the Arabian Desert -- GCC single visa is coming soon
Unified tourist visa being introduced by the year-end as a first step
Donors pledge over $2 bn for Gaza at Kuwait conference
A conference of international donors in Kuwait pledged over $2 billion in aid to Gaza on Sunday.
Chinese companies win more bids to explore for Iraq oil and gas
Chinese companies win more bids to explore for Iraq oil and gas
Lufthansa boss vents frustration about Boeing problems
Lufthansa boss vents frustration about Boeing problems
Amazon to announce new 1.2 billion-euro investment in France
Amazon to announce new 1.2 billion-euro investment in France
France secures jobs, investments from Amazon, Pfizer and Morgan Stanley
France secures jobs, investments from Amazon, Pfizer and Morgan Stanley
No backtracking on tax net expansion: Aurangzeb
Also lists privatisation and energy sector reforms among top priorities
Bakers in Punjab agree to sell 'roti' for Rs15
The association assured Food Minister Bilal Yasin to cut the rate of roti during a meeting with him
Iraq won't agree to new OPEC+ oil production cuts: Minister
US energy secretary will Saudi Arabia and UAE next week
Farmers announce sit-in outside CM Office on May 16
Jamaat-e-Islami Emir Hafiz Naeemur Rehman will lead protest
China's Country Garden repays onshore coupons within grace period
China's Country Garden repays onshore coupons within grace period
Japan economy expected to shrink in Q1 due to weak consumption
Japan economy expected to shrink in Q1 due to weak consumption
Iraq hopes oil reserves will exceed 160 bn barrels
Iraq hopes oil reserves will exceed 160 bn barrels
IMF wants Pakistan to end subsidized gas, electricity to industries
IMF's policy guideline highlighted major economic woes
Short-term inflation eases by 1.39 percent
The SPI for the lowest consumption group up to Rs17,732, decrease by 0.99pc
FinMin expresses Pakistan's commitment to promote green investment
He notes changing weather patterns in Pakistan is impacting agricultural yields
FBR to initiate legal action against PTA, others if SIMs of non-filers not blocked by May 15
FBR has started consultations with its legal team
Positive indicators help PSX maintain bullish trend
The day started on an upbeat note as the KSE-100 index recorded an increase of 218 points
Biden set to impose tariffs on China electric vehicles, sources say
The full announcement is expected to largely maintain existing levies, according to a source
OPEC switches to 'call on OPEC+' in global oil demand outlook, sources say
The change reflects what has become long-standing cooperation between members of OPEC and the group
IMF mission due in Pakistan on May 16 to discuss new loan programme
Pakistan expected to seek at least $6 billion and request additional financing from the Fund
China's clean car manufacturers find a European foothold in Hungary
China’s growing investment in Hungary’s automotive industry has opened country up to rival players.
Maduro's lawmaker son says Venezuela open to paying $10 billion debt to China
Maduro's lawmaker son says Venezuela open to paying $10 billion debt to China
Citgo Petroleum reports first quarter profit of $410 million
Citgo Petroleum reports first quarter profit of $410 million
CDNS accomplishes Rs1400 billion targets in fresh bond
The National Savings has set an annual target of Rs1742 billion for the year 2023-24
US weekly jobless claims highest in more than eight months
US weekly jobless claims highest in more than eight months
Wall Street is heading for another quiet, mixed day
Wall Street is heading for another quiet, mixed day
Pakistan keen to transform Qatar ties into a robust economic partnership: PM
Says Pakistan greatly valued its historic, cordial and fraternal relationship with Qatar
Deadlock on FBR's proposal to block SIMs of non-filers persists
Govt team fails to convince telecom companies of the proposal effectiveness
Bank of England moves closer to first rate cut since 2020
Bank of England moves closer to first rate cut since 2020
PSO proposes debt swap for stake in Pakistan public sector companies
The government with a 25pc stake is the biggest shareholder of Pakistan State Oil
World's largest carbon capture plant to extract CO2 from air opened in Iceland
DAC uses a technical process to suck carbon dioxide and store it, usually underground
Monopoly? Music streaming firms urge European Commission to reject Apple's proposal in App Store case
Say it is a discriminatory programme that forces competitors to opt into a new regime
China approves first gene-edited wheat as part of opening GM tech to food crops
It mostly imports genetically modified crops such as corn and soybeans for animal feed
Commissioner approves hike in milk price by Rs10 per litre in Karachi
With the increase, the new rate stands at Rs 210 per litre
PM, WB representative agree to carry forward reform agenda
The two sides agreed to work on a new robust and ambitious framework
Nepra jacks up electricity price by Rs2.83 per unit
Additional amount of Rs26 billion will be recovered in bills for the month of May
CM Maryam, Turkmenistan envoy agree to boost trade ties
Turkmenistan is a brotherly country of Pakistan, says Maryam Nawaz
Punjab govt comes up with new strategy to control inflation
Orders to seal 40 outlets involved in hoarding were also issued
Oil down on rising US stockpiles, cautious supply expectations
Expert believes OPEC+ will reverse production cuts from July which will further reduces prices
Modi shifts income goals for struggling Indian farmers
He plans increasing agriculture corporate investments to 25pc
IPP payments reach Rs1,800bn amid mounting Pakistan circular debt
Power and gas sectors’ share is Rs2,310bn and Rs2,900bn respectively
In rapidly ageing China, millions of rural migrant workers can't afford to retire
Chinese rural pensions is just 123 yuan ($17) a month against 6,000 yuan in Beijing and Shanghai
Pakistani conglomerate Engro looks to go global
It has a market capitalisation of $694 million and assets $2.9 billion
Power distribution companies seek collection of another Rs51.88bn from consumers
Nepra will hear the request on May 17
Amazon says will invest $9 billion in Singapore
Amazon said its investment will support some 12,000 jobs in Singaporean businesses each year
Govt working on retirement, pension reforms
Azam Nazeer Tarar says move to cover all institutions which will be taken into confidence
Tandoor owners to go on strike over Punjab roti prices notification
Maryam Nawaz orders administration to ensure implementation
Massive reduction in Punjab flour prices, 20kg bag costing Rs1,000 less: Bilal Yasin
Also talks about effective implementation of new bread prices
Punjab to initiate legislation for Real Estate Investment Trust establishment
CM receives briefings on projects of Punjab Central Business District Authority
Eurozone business activity grows at fastest pace in almost a year
HCOB's composite Purchasing Managers' Index (PMI) bounced to 51.7 in April from March's 50.3
PM Shehbaz assures all-out support to Saudi investment
Says govt committed to remove all bureaucratic hurdles in the way of foreign investment
Kretinsky and Layani face off in battle for distressed IT firm Atos
Kretinsky and Layani face off in battle for distressed IT firm Atos
