World Business NewsJapan’s real wages fall 2.9% in May, steepest drop in 20 months
In contrast, nominal wages grow 1.0% to 300,141 yen, slow from a revised 2.0% increase and mark the slowest growth since March 2024
Jul 7, 2025
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World Business News
World Business NewsGerman industrial production rises 1.2 percent in May
Automotive production rises by 4.9 percent in May, energy by 10.8 percent, and pharmaceutical output by 10 percent
Jul 7, 2025
TechApple files appeal against 500 million euro EU fine
The company says the Commission is trying to control how Apple runs the App Store and enforce unclear terms for developers and users
Jul 7, 2025
TechSamsung expected to report 39 percent drop in second-quarter profit
Samsung continues to face challenges in getting its latest HBM3E 12-layer chips certified by Nvidia
Jul 7, 2025
TechHuawei denies claims that its Pangu Pro Moe model copied Alibaba’s Qwen 2.5
Alibaba’s Qwen focuses on consumer applications like chatbots, while Huawei’s Pangu models serve government, finance, and manufacturing
Jul 7, 2025
World Business NewsTrump announces delivery of tariff letters to nations begins today
Tariff letters are scheduled to be delivered worldwide beginning at 12 p.m. ET (9 p.m. Pakistan time) today
Jul 7, 2025
World Business NewsThailand offers zero tariffs on U.S. goods to avoid trade penalties
Finance Minister Pichai Chunhavajira warns that Thailand’s economy may grow just over 1% this year due to the tariff impact
Jul 7, 2025
World Business NewsTrump calls Musk’s new political party ‘ridiculous’
Trump says U.S. political system is built for two parties and warns a third party will create confusion and fail
Jul 7, 2025
HeadlinesE-commerce platforms in limbo over new tax regime as FBR seeks clarity
Confusion persists among local and international sellers, courier services, and e-commerce websites about the implementation of new taxes and regulations effective July 1, 2025
Jul 7, 2025
HeadlinesFIA uncovers visa scam with fake sponsorships, implicates foreign ministry officials
Scam allegedly involved officials from Ministry of Foreign Affairs and Ministry of Information; two Afghan nationals arrested in Islamabad; six individuals under investigation
Jul 7, 2025
HeadlinesExchange companies contribute $5 billion to Pakistan’s remittances in FY25
Exchange Companies Association of Pakistan expects FY26 to see record-breaking remittance inflows
Jul 7, 2025
HeadlinesFAO warns of growing labor shortage in agrifood systems as rural youth numbers decline
Report urges governments to attract more young people to agriculture as rural youth now make up just 5% of the industrial agrifood workforce
Jul 7, 2025