Business News
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Pakistan extends zero tariff bilateral trade offer to US
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[ad_1] An image of the US and Pakistan flag. — Anadolu Agency In response to US President Donald Trump’s announcement to boost trade with Pakistan, Islamabad has proposed a zero-tariff bilateral trade agreement with the Washington, revealed government sources. “Pakistan is offering to enter into a bilateral agreement with zero tariffs on selected tariff lines,…
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Pakistan, Russia aim to set up steel mill | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: Pakistan and Russia on Tuesday moved a step closer to industrial collaboration as Moscow’s representative Denis Nazaroof met Special Assistant to the Prime Minister Haroon Akhtar Khan to discuss the establishment of new steel mills in Pakistan. The two officials engaged in extensive talks on the prospect of collaboration and agreed to…
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PSX surges over 9,900 points as Pakistan-India tensions ease
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[ad_1] A stockbroker monitors the share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on May 16, 2022. — AFP The Pakistan Stock Exchange (PSX) witnessed a strong surge on Monday as easing tensions between Pakistan and India spurred investor optimism, pushing the benchmark KSE-100 index up by over 9%.…
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Gold, rupee on downward trajectory | The Express Tribune
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[ad_1] Listen to article KARACHI: Gold prices in Pakistan remained on a downward trajectory on Friday despite a notable rise in international markets, where the yellow metal gained over 1% as the US dollar weakened and investors weighed comments on tariffs by US President Donald Trump ahead of crucial trade talks with China. The All-Pakistan Gems and…
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PSX opens higher on hopes of de-escalation
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[ad_1] Broker is busy in trading at Pakistan Stock Exchange in Karachi on Thursday, December 5, 2024. — PPIInvestor sentiment showed signs of recovery on Wednesday as the stock market staged a sharp rebound, reversing part of the previous session’s steep losses, over optimism that elevated… [ad_2] Source link
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Fast EV charging tech introduced | The Express Tribune
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[ad_1] LAHORE: MG Pakistan is stepping up its game in the electric vehicle market with a significant upgrade to its flagship plug-in hybrid SUV, the MG HS PHEV. The company has announced that all new models will now come equipped with a 7kw fast charger, replacing the standard portable charger previously offered. The move reflects…
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OPEC+ decides to maintain elevated oil production in June
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[ad_1] Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. — Reuters LONDON/DUBAI: Despite falling prices and expectations of weaker demand, OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels per day, the group said on…
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Tech rally lifts Wall Street to month high | The Express Tribune
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[ad_1] Listen to article BENGALURU: Wall Street’s main indexes jumped to around one-month highs on Thursday, with the tech-heavy Nasdaq leading gains, as strong quarterly results from heavyweights Microsoft and Meta pointed to a resilient outlook for the technology sector. Microsoft surged 9% to its highest level since late January, driven by an upbeat quarterly growth forecast…
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PSX sees sharp reversal as selling resumes
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[ad_1] A broker looks at an index board showing the latest share prices at the Pakistan Stock Exchange in Karachi. — AFP/FileThe stock market came under fresh pressure on Wednesday as the Pakistan Stock Exchange’s benchmark KSE-100 Index plunged in early trade, shedding over 2,000 points… [ad_2] Source link
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Why nations advance and Pakistan struggles | The Express Tribune
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[ad_1] Listen to article KARACHI: During the colonial era, experts believed that the true economic powerhouses lay in the Caribbean and Latin America, while North America was seen as relatively insignificant. Even the philosopher Voltaire famously dismissed the British-French struggle over Canada as a battle for “a few acres of snow.” At the time, territories like Guadeloupe…
