HeadlinesPBC outlines economic risks, urges government to sustain stability
Pakistan Business Council identifies five critical risks to economic stability, stresses need for decisive reforms and business trust restoration
Jan 2, 2025
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Headlines
World Business NewsTikTok and WeChat receive operating licenses in Malaysia as new law takes effect
The law mandates that social media platforms and messaging services with more than 8 million users in Malaysia must obtain a license or face legal action
Jan 2, 2025
World Business NewsChina adds 28 U.S. entities to export control list
China is imposing a ban on the export of dual-use items to these companies starting Thursday
Jan 2, 2025
World Business NewsNvidia’s market value reaches $3.28 trillion by the end of 2024
The chipmaker's market value rises over $2 trillion, fueled by AI interest
Jan 2, 2025
AutomobileNorway’s electric vehicle sales rise to 88.9% of new car market in 2024
Tesla, Volkswagen, and Toyota dominate 2024 EV sales, as Chinese brands make up almost 10% of the market
Jan 2, 2025
TechApple offers rare discounts on iPhones in China to combat competition
The discount applies to several iPhone models when purchased with specific payment methods, including WeChat Pay or Alipay.
Jan 2, 2025
HeadlinesTurkish consortium offers below-minimum bid for Islamabad airport operations
The consortium, including Terminal Yapi, ERG Insaat, and ERG UK, offers 47% of its revenue to the government, below the 56% minimum
Jan 2, 2025
World Business NewsTesla Cybertruck explodes outside Trump Hotel, killing driver
The FBI investigates whether the blast is an act of terrorism, though no official determination is made
Jan 2, 2025
World Business NewsBank of England allocates £46.18 billion in first short-term repo of 2025, second-highest ever
The short-term repo, typically for a seven-day period, allows banks to borrow money from the BoE in exchange for high-quality collateral
Jan 2, 2025
HeadlinesPSX ends volatile session with modest gain
Equities gain momentum amid improving macroeconomic indicators and hopes for policy rate cuts
Jan 2, 2025
World Business NewsOil prices rise as investors focus on China's growth and fuel demand
Brent crude futures rise by 65 cents, or 0.87%, to $75.29 per barrel, while U.S. West Texas Intermediate crude gains 66 cents, or 0.92%, reaching $72.38
Jan 2, 2025
HeadlinesServices exports grow 7.8% in first five months of FY2024-25
On a month-on-month basis, services exports decrease by 1.76% in November 2024, falling to $657.69 million from $687.79 million in October 2024
Jan 2, 2025