World Business NewsDollar firm, Asian stocks mixed as traders ponder tariff outlook
Trump threatens 50% duty on copper, says chip, drug levies coming
Jul 9, 2025
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World Business News
HeadlinesPakistan approves four bidders, including military-backed firm, for PIA stake sale
Lucky Cement, Arif Habib-led groups, Fauji Fertilizer, and Airblue cleared to proceed with due diligence; Roosevelt Hotel sale plan also approved
Jul 8, 2025
World Business NewsIndia aims to import about 10% of its cooking gas from US from 2026
India relies heavily on Middle Eastern producers of LPG, with more than 90% of its roughly 20.5 million metric tons of imports in 2024 coming from the region
Jul 8, 2025
World Business NewsJapan, South Korea face 25% tariffs as Trump ramps up trade war in letters to leaders
US president extends negotiating deadline to August 1; threatens BRICS nations with additional tariffs
Jul 8, 2025
HeadlinesFrom Karachi to Gaza: Pakistani startup ships prosthetics to child war survivors
Bioniks uses remote imaging to design custom arms at low cost; Hopes to pioneer large-scale solution for people impacted by war
Jul 7, 2025
World Business NewsGoldman Sachs expects OPEC+ members to increase oil production by 550,000 bpd in September
Goldman maintains its Brent crude price forecast at $59 per barrel for the fourth quarter of 2025 and $56 per barrel for 2026
Jul 7, 2025
World Business NewsGold falls on trade deal progress, tariff reprieve extension
Spot gold falls 0.6% to $3,314.21 per ounce; US gold futures down 0.6% to $3,322
Jul 7, 2025
World Business NewsTrump says alignment with BRICS' 'anti-American policies' to invite additional 10% tariffs
There will be no exceptions to this policy, US president says in a post on Truth Social without clarifying anti-US policies
Jul 7, 2025
World Business NewsU.S. dollar near lowest since 2021 against euro, weakest since 2015 versus Swiss franc ahead of Trump’s tariff deadline
Most US trade partners are set to see much steeper duties at the end of Trump's 90-day moratorium
Jul 7, 2025
World Business NewsOil tumbles as OPEC+ hikes August output more than expected
Organisation of the Petroleum Exporting Countries to raise output by 548,000 bpd in August vs 411,000 bpd in July
Jul 7, 2025
World Business NewsTrump says US nears trade deals as tariff effective date delayed
Higher tariffs to kick in on August 1; White House's Hassett says deadline could be extended in some cases; Treasury secretary says 100 smaller countries to get tariff letters soon
Jul 7, 2025
World Business NewsStocks slip in Asia on US tariff confusion, oil skids
Trump says the letters would outline “take it or leave it” tariff offers to each country, signaling no further negotiations
Jul 7, 2025