HeadlinesTaliban militants say they will target Pakistan Army-owned businesses: report
TTP’s target include Fauji Foundation, Fauji Cement, Askari Bank, Fauji Fertilizer, Fauji Foods, Askari Fuels, NLC, FWO, DHA and all other institutions that have military’s shares in them
Jan 7, 2025
World Business NewsFoxconn interest in Nissan said on hold amid Honda merger talks
Foxconn pauses pursuit of Nissan as the Japanese automaker enters advanced merger talks with Honda, potentially reshaping the global automotive landscape
Dec 20, 2024
HeadlinesPakistan’s crackdown on illegal dollar trade boosts remittances by 34%: Bloomberg
Crackdown on unofficial buying or selling of dollars helped the country get major forex-reserves support in the shape of higher remittances in first five months: report
Dec 17, 2024
HeadlinesPSX to launch option of settling futures deals in cash by March 2025: report
Economic stability and the introduction of new derivatives products could further boost sentiment, says PSX CEO in an interview with Bloomberg
Dec 13, 2024
HeadlinesPSX expected to advance at least 27% by end of 2025: Bloomberg
Equity market will be offering a 37% return including 10% dividend yield by end of 2025 because of economic stability and falling bond yields, report
Nov 19, 2024
HeadlinesCoca-Cola sales drop in Pakistan, Turkey after boycott calls
McDonald’s and KFC are also facing a challenging environment amid calls to boycott due to perceived links to Israel amid the conflict in Gaza
Nov 6, 2024
World Business NewsOpenAI in regulator talks to become for-profit company
Openai is in early talks with the California attorney general’s office over the process to change its corporate structure
Nov 5, 2024
AutomobileBYD revenue eclipses Tesla for first time as EV giants go head to head
Revenue for China’s best-selling automaker soared 24% to $28.2 billion for three months ended in September
Nov 1, 2024
HeadlinesPakistan sees ‘encouraging’ response from China over debt reprofiling talks
Move indicates potentially more breathing space for the country that has been squeezed by costly past borrowing
Oct 23, 2024
HeadlinesFunds return to Pakistan local bonds as economy stabilizes: Bloomberg
Treasury bills yield about 16% to 17%, among the highest in Asia: report
Oct 16, 2024
HeadlinesIMF's demand to stop setting up SEZs to dissuade China investments in Pakistan: Bloomberg
Authorities will refrain from providing incentives such as tax breaks and subsidies to any new or existing special economic zones; new export processing zone at PSM site to be immediately hit, report
Oct 12, 2024
HeadlinesUAE’s Adnoc-backed company seeks to invest in LNG import terminals in Pakistan
There is a lot of potential in India, Bangladesh, Pakistan and the Philippines, says CEO VTTI BV
Oct 7, 2024