World Business NewsCryptocurrency market sees sharp selloff as trade tensions escalate
Trump’s own cryptocurrency, $TRUMP, slips below $20, a sharp decline from its January 19 peak of $73
Feb 3, 2025
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World Business News
World Business NewsDollar strengthens as Canadian dollar, yuan, and peso hit multi-year lows
The euro drops to its weakest level in over two years, and the Swiss franc slips to its lowest since May
Feb 3, 2025
World Business NewsCanada, Mexico, and China retaliate against Trump’s new tariffs
Taiwan announces plans to assist Taiwanese businesses in relocating operations to the U.S. to avoid tariffs
Feb 3, 2025
HeadlinesOver 1,400 acres of Karachi Port Trust land encroached, govt plans recovery: report
Sindh Rangers tasked with reclaiming land for port expansion and development
Feb 3, 2025
HeadlinesWorld Bank to provide $1 billion loan for Dasu hydropower project as costs surge
Revised cost increased by 190% to Rs1,700 billion due to land acquisition delays, security concerns, and exchange rate fluctuations
Feb 3, 2025
HeadlinesSNGPL raises concerns over gas supply shift from captive power plants
Warns IMF-backed policy could hurt revenue, create surplus LNG supply
Feb 3, 2025
HeadlinesSIFC directs reduction of power tariff for Special Economic Zones
Committee also decides to shift SEZs from a Real Estate Model to a Classic SEZ Model to enhance their effectiveness
Feb 3, 2025
HeadlinesCustoms foil fraud attempt in new faceless clearance system, suspends 45 licenses
Feb 2, 2025
HeadlinesGovt explores converting circular debt into public debt to lower power tariffs
Feb 2, 2025
HeadlinesEgyptian fintech enters Pakistan with $10 million investment
Halan Microfinance Bank plans a digital banking app and 100 branches, awaiting a national license.
Feb 2, 2025
HeadlinesPunjab Agriculture Department issues advisory for wheat farmers
The department suggests spraying a 2% solution of urea or potassium nitrate (potash alum) at a rate of 100 to 120 litres per acre
Feb 2, 2025
HeadlinesSaudi airline Flyadeal begins flight operations to Pakistan
The airline becomes the third Saudi carrier operating in Pakistan, alongside Saudi Arabian Airlines and Flynas
Feb 2, 2025