Business News
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Should IMF define Pakistan’s economic policies? | The Express Tribune
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[ad_1] ISLAMABAD: The latest IMF Country Report on Pakistan is out, and $1 billion are in. The report’s language is largely critical and cautionary. Whether one agrees with the IMF programme or not, one thing is clear – Pakistan’s economic…
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US F-22 fighter jets arrive in UAE following Houthi attacks | The Express Tribune
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[ad_1] DUBAI: U.S. F-22 fighter jets arrived at an air base in the United Arab Emirates (UAE) on Saturday following a spate of unprecedented attacks in Abu Dhabi by Houthi fighters in Yemen, the U.S. Air force said on Saturday….
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Flexible approach needed in unwinding stimulus: ECB | The Express Tribune
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[ad_1] PARMA, ITALY: The European Central Bank (ECB) will keep a flexible approach as it unwinds its ultra-expansionary monetary policy, monitoring not only inflation threats but also risks of uneven financing conditions across euro zone countries, a top policymaker said….
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Food import bill topped $8 billion last year | The Express Tribune
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[ad_1] ISLAMABAD: The country imported wheat, sugar, cotton, edible oil and other agricultural commodities worth $8 billion last year, a subcommittee of the NA Special Committee on Agricultural Products was informed. The subcommittee met with its convenor Shandana Gulzar in…
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Uncertainty in cryptocurrencies to persist | The Express Tribune
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[ad_1] NEW YORK: Investors are bracing for more gyrations in bitcoin and other cryptocurrencies, as worries over a hawkish Federal Reserve threaten to squelch risk appetite across markets. The volatility traditionally associated with cryptocurrencies has been on full display in…
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KSE-100 rises in roller coaster week | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange endured a roller coaster ride in the outgoing week and the KSE-100 index remained volatile due to a host of positive and negative newsflows. As a result, the stock market shed 170 points, or…
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AJK PM invites investment in region | The Express Tribune
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[ad_1] ISLAMABAD: Azad Kashmir offers plenty of investment opportunities to the businessmen in tourism, mines and minerals, hydel power and other sectors, said Azad Jammu and Kashmir (AJK) Prime Minister Sardar Abdul Qayyum Niazi. Speaking to the business community at…
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Steel sector joint venture set to restart production | The Express Tribune
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[ad_1] ISLAMABAD: A joint venture firm in Pakistan’s steel sector is prepared to resume production after overcoming initial difficulties. Alhaj Steel is the largest private sector joint venture in the steel industry and the ownership is shared between HEBEI Xingang…
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Geopolitical unrest feared to lift petrol price to Rs200-225 | The Express Tribune
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[ad_1] KARACH: The acceleration in international geopolitical tensions over the Ukrainian crisis sent the international Brent oil price surging by 5% to sevenand-half-year high at $95 per barrel on Friday. If Russia invades Ukraine, as being speculated by the US,…
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Tax receipts from POL items jump 72% | The Express Tribune
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[ad_1] ISLAMABAD: The Federal Board of Revenue (FBR) has raised over Rs287 billion in indirect taxes from petroleum products during the first seven months of the current fiscal year -up by 72%, indicating that petroleum products still remain a key…
