World Business NewsChina files new WTO complaint against U.S. tariffs
Trump justifies the tariffs as necessary to reduce the U.S. trade deficit, particularly with China, which holds the largest trade surplus
Apr 10, 2025
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World Business News
World Business NewsU.S. 10-year Treasury notes attract record demand in successful auction
The auction prices at 4.435%, better than expected, and the 10-year yield stands at 4.38%, down from 4.466% just before the auction
Apr 10, 2025
HeadlinesWorld Bank investment arm commits $300 million loan to Pakistan's Reko Diq mining project
Barrick Gold expects to sign $3 billion funding package to develop the mine
Apr 10, 2025
TechAlphabet plans $75 billion investment in data centers and AI infrastructure
tariff-related costs might increase but customer demand for data centers continues to drive the company’s investment plans, says Google
Apr 10, 2025
World Business NewsOil prices drop over 2% as trade war escalates between U.S. and China
Brent crude futures fall by 2.7% to $63.71 per barrel, while U.S. West Texas Intermediate crude drops by 2.84% to $60.58
Apr 10, 2025
HeadlinesKazakhstan signals intention to join TAPI pipeline
The Kazakh ambassador describes Pakistan as a key regional partner for enhancing economic connectivity and scientific development
Apr 10, 2025
HeadlinesGovt swaps ownership in PSPC with SBP in exchange for full control of ZTBL in Rs105bn deal
Deal is part of broader effort to streamline state-owned entities and fulfill IMF’s requirement for SBP to divest from all banks and financial institutions by June 30, 2025
Apr 10, 2025
HeadlinesNADRA closes CNIC service at post offices nationwide
NADRA directs all GPO-based staff to return equipment and submit collected service fees
Apr 10, 2025
TechTrump defends TikTok deal, says it’s "on the table"
A significant hurdle for any deal remains Chinese government approval, which is necessary for the divestiture to proceed
Apr 10, 2025
HeadlinesOGDCL to begin production in Abu Dhabi’s Offshore block by 2027
CEO announces diversification into minerals, including lithium and Barrick Gold partnership
Apr 10, 2025
HeadlinesFinance Ministry urges implementation of IMF tax measures under Resilience and Sustainability Finance deal
Carbon levy on fuel, electric vehicle incentives, and charging stations among key commitments
Apr 10, 2025
HeadlinesWestern fast food outlets face mob attacks in Karachi, Mirpurkhas over Gaza atrocities
Three KFC outlets and one Domino’s Pizza restaurant were targeted in Karachi; KFC outlet also attacked in Lahore; around 40 suspects arrested
Apr 10, 2025