Moody’s downgrades US banks, warns of possible cuts to others
Moody's cut credit ratings of several small to mid-sized U.S. banks on Monday and said it may downgrade some of the nation's...
Will AI be an economic blessing or curse? History offers clues
If medieval advances in the plough didn't lift Europe's peasants out of poverty, it was largely because their rulers took the wealth...
Focus: Key trade loophole keeps cheap Chinese products flowing to US
The meteoric rise of shopping platforms selling Chinese-made goods, including Shein and Temu, has been fueled by a decades-old loophole that allows...
US companies hoarding workers even as economy cools
When storms hammered California's farms last winter, Kevin Kelly knew his small factory outside San Francisco would soon see demand wilt for...
Cement Despatches witness impressive growth of 57.4% in July 2023
ISLAMABAD: The cement industry in Pakistan experienced a significant boost in July 2023, with total cement despatches reaching 3.212 million tons, marking...
Lahore’s grave neglect: The alarming case of water contamination
In assessing the consequences of this, the ARC’s reported results reveal that the ignorance of this lead contamination in the government’s water supply is a heinous injustice
Six MoUs signed during Vice-Premier He Lifeng’s visit. What do they entail?Â
MoU on Strengthening Workers' Exchange Programme was signed between the All-China Federation of Trade Unions (ACFTU) and BoI, Pakistan
SBP likely to yield to IMF demands, raising interest rates again
KARACHI: According to analysts, the central bank of Pakistan is likely to raise its key interest rate again in response to persistently...
Investors dumping China load up on other emerging markets
Global investors are increasingly choosing to bypass China's markets in favour of other emerging countries that are either gaining from the geopolitical...
Why does the choice of FBR chairman matter for Pakistan?
Whenever a chairman of the country's premier revenue body retires, infighting starts between the Custom service and Inland revenue service officers to capture the post
Developing Asia expected to see faster growth in 2023, despite global weakness – ADB
According to the Asian Development Bank (ADB), Developing Asia is set to experience faster growth in 2023 compared to the previous year....
 91 illegal farm housing schemes uncovered in Lahore
LAHORE: The authorities in Lahore have uncovered a staggering 91 illegal farm housing schemes within the city. The discovery has raised concerns...
Higher food prices contribute to weekly inflation of 29%
ISLAMABAD: According to the Pakistan Bureau of Statistics (PBS), the inflation measured by the Sensitive Price Indicator (SPI) increased by 0.33 percent...
Countries repatriating gold in wake of sanctions against Russia, study finds
An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia,...
Special Investment Facilitation Council (SIFC): A game-changer for Foreign Direct Investment
Muhammad Zohaib Khan, the chairman of the Pakistan Software Houses Association (P@SHA), described the creation of the Special Investment Facilitation Council (SIFC)...