World Business NewsU.S. energy firms seek exemption from domestic LNG shipping mandate
The policy requires LNG producers to ship 1% of exports on U.S.-built vessels from 2028 to boost domestic shipbuilding and counter China
May 8, 2025
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World Business News
HeadlinesFBR considers raising GST rates on essential items for 2025-26 budget: report
Proposals under consideration include higher taxes on second hand clothes, footwear, fertiliser inputs, motorcars, and pharmaceuticals, jewellery and EVs
May 8, 2025
HeadlinesIndian fighter jets downed by Pakistan cost around $963 million
Price breakdown indicates that each Rafale jet brings the total cost of the three Rafales shot down to $865.38 million, or Rs244.04 billion
May 8, 2025
HeadlinesSBP asks banks to monitor dollar outflows amid rising tensions with India
Currency market reports no panic buying, but concerns grow over potential disruptions to remittance flow
May 8, 2025
HeadlinesCPPA-G projects reduction in power purchase price by Rs 0.30 to Rs 2.25 per unit for FY 2025-26
Price reduction forecast based on varying scenarios of demand, fuel prices, and exchange rates
May 8, 2025
World Business NewsChinese giants BYD and Tsingshan pull out of lithium projects in Chile
Falling lithium prices derail multimillion-dollar cathode plant investments in world’s No. 2 producer
May 7, 2025
HeadlinesCDA and Bank of Punjab eye joint efforts to upgrade Islamabad’s infrastructure
High-level talks focus on financial and technical collaboration to modernize civic facilities and beautify the capital
May 7, 2025
HeadlinesChengdu Aircraft shares surge after Pakistan claims downing of Indian Rafale jets
Stock jumps over 17% after reports PAF shot down six Indian aircraft, including frontline Rafales
May 7, 2025
World Business NewsOil prices stabilize after sharp sell-off, focus shifts to U.S.-China trade talks
Brent crude futures drop by 0.18% to $62.04 per barrel, while U.S. West Texas Intermediate crude drops by 0.19% to $58.98 per barrel
May 7, 2025
World Business NewsDollar strengthens against yen and franc as markets await policy cues
Dollar rises 0.6% to 143.28 yen, snapping a three-day losing streak, and gains 0.15% to 0.8233 Swiss franc, recovering from Monday’s 2015 low of 0.8032
May 7, 2025
HeadlinesGovt considers doubling fertiliser duty, new pesticide tax likely to hit farmers
Budget measures driven by IMF deal target Rs50bn from agriculture
May 7, 2025
Pakistan reinforces financial contingency plans amid regional escalation
Market stability measures follow retaliation against Indian strikes
May 7, 2025