World Business NewsJapan, U.S. to leave currency policy to finance ministers, says PM Ishiba
Japanese policymakers fear Trump’s statements could trigger market volatility and hurt economic recovery
Feb 8, 2025
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World Business News
TechFrench prosecutors investigate X over alleged algorithmic bias
The probe follows a complaint filed on January 12 by a lawmaker claiming X’s algorithms may have distorted automated data processing
Feb 8, 2025
HeadlinesPower sector receivables from Balochistan's agri-tubewells reach Rs530 billion
Farmers fail to pay dues; Qesco seeks federal intervention for subsidies
Feb 8, 2025
World Business NewsLargest U.S. cryptocurrency exchange faces legal challenge over securities sales
U.S. Securities and Exchange Commission is also suing Coinbase for allegedly enabling the trade of unregistered securities
Feb 8, 2025
EconomyPakistan’s budget deficit reaches Rs1.54 trillion in H1FY25
Total expenditures stood at Rs11.3 trillion, with debt servicing remaining the largest expense at Rs5.14 trillion, followed by defence spending at Rs0.89 trillion from July to December 2024
Feb 8, 2025
HeadlinesPakistan achieves three key fiscal conditions set IMF in H1FY25
Tax revenue shortfall remains a concern; IMF team to review loan tranche in March
Feb 8, 2025
HeadlinesSECP warns against real estate scams misusing company registrations, promising high returns
Public cautioned against high-return offers; SECP says it does not regulate real estate investments
Feb 8, 2025
HeadlinesNHA awards Rs120bn Carec Tranche-III project to Chinese firm amid bidding controversy
Competing bidders plan legal action, alleging irregularities; NHA defends process, citing court clearance
Feb 8, 2025
HeadlinesPTBA urges FBR to establish fully functional tax office in Gwadar
Business community seeks efficient tax administration in strategic economic hub
Feb 8, 2025
HeadlinesPM Shehbaz calls for grant-based climate financing to tackle Pakistan’s climate crisis
PM sheds light on Pakistan’s paradox of low emissions but high vulnerability to climate disasters like floods and heatwaves
Feb 8, 2025
HeadlinesChina tops Pakistan’s bilateral lenders as external debt hits $133 Billion
With 92% of Pakistan’s external debt owed to multilateral institutions, bilateral partners, and bonds, China leads as the largest bilateral creditor
Feb 7, 2025
HeadlinesTariq Rafi secures third consecutive nomination for Top Taxpayer Award
Tariq Rafi calls for urgent reforms to unlock Pakistan’s economic potential, emphasizing minerals, IT, and agriculture as key to national revival
Feb 7, 2025