Business

World economic growth to slow to 2.6pc in 2026, UN trade body says

Trade between China and the US has fallen by more than 20% since 2024, while East Asia has expanded trade with both China and North America

21 hours ago

Pakistan, IMF reach staff-level agreement for $1.2bn tranche

2 days ago

Pakistan’s economy projected to grow 4pc this year: FinMin Aurangzeb

4 days ago

Gold prices plummet in Pakistan, global markets

7 days ago

FinMin Aurangzeb vows to strengthen key drivers of sovereign ratings

8 days ago

Gold prices record big plunge in Pakisan

12 days ago

IMF review calls for 'fewer but deeper' reforms in design of loan programs

16 days ago

Oil price dips briefly below $100 on Saudi exports, hopes of US-Iran diplomacy

19 days ago

PM expresses satisfaction over SBP reserves reaching historic high of $21.4bn

22 days ago

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FinMin Aurangzeb vows to strengthen key drivers of sovereign ratings

8 days ago

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Business

Oil rises above $108 as attacks, pipeline outage deepen Saudi supply concerns

Brent crude futures rose $2.5, or 2.37%, to $108.18 a barrel at 0813 GMT, while US West Texas Intermediate futures were up $2.46, or 2.43%, at $103.85 a barrel

25 days ago

Business

Oil prices up over 3pc following new strikes on Saudi, Strait of Hormuz

Brent crude futures rose $3.21, or 3.1%, to $107.82 per barrel as of 0340 GMT

a month ago

Business

Brent crude rises above $100 a barrel as Middle East conflict escalates

Brent crude futures rose $2.15, or 2.2%, to $100.07 a barrel by 0721 GMT, while US West Texas Intermediate crude was up $1.70, or 1.83%, at $94.73 a barrel

a month ago

Business

Govt jacks up petrol price by Rs5.58, HSD by Rs4.18

Following the revision, petrol will retail at Rs364.35 per litre while HSD will cost Rs385.95 per litre

a month ago

Business

World food prices at highest since 2022 as supply risks mount, FAO says

The FAO Food Price Index, which tracks monthly changes in a basket of internationally traded food commodities, averaged 133.3 points in August, up from July’s revised reading of 130.8

a month ago

Business

Oil jumps more than 2pc after US attack on Iran's Larak Island

Brent crude futures climbed $2.21, or 2.51%, to $90.31 a barrel as of 0436 GMT while US

a month ago

Business

PM Shehbaz calls for deeper economic, agricultural ties with Saudi Arabia

The Prime Minister expressed satisfaction at the constructive engagement between the two sides, particularly with regards to export of agricultural products by Pakistan to the Kingdom

a month ago

Business

Bitcoin rises above $80,000 as soft dollar, debasement fears boost momentum

US President Donald Trump last week called on Congress to pass a bill that would bring clearer definitions to the growing cryptocurrency sector. Since then, bitcoin, the world’s largest cryptocurrency, has risen 16 per cent

a month ago

Business

Moody's upgrades Pakistan's rating to B3 from Caa1

Moody’s says the upgrade to B3 reflects its expectations that improvements in governance will allow the government to sustain the recent improvements in the country’s external position and strengthen fiscal metrics

2 months ago

Business

Pakistan records big jump in gold prices

Per tola price of yellow metal reaches Rs471,936 after a gain of Rs13,700

2 months ago

Business

Oil rises as doubts over US-Iran deal heighten supply concerns

Brent futures were up 75 cents, or 0.84%, to $89.66 a barrel by 0553 GMT, while US West Texas Intermediate (WTI) crude climbed 72 cents, or 0.87%, to $83.92. Both contracts had risen more than $1 earlier in the session

2 months ago

Business

Ousted Syrian president Bashar al-Assad sentenced to death in absentia

The ruling against Assad, who fled with his family to Moscow as rebels closed in on Damascus in December 2024, is the first under the transitional authorities who this year began trying figures from the former government, both in person and in absentia