SBP allows exchange firms to import US dollars on a need basis

The State Bank of Pakistan (SBP) has given permission to exchange companies to import physical US Dollars as and when required.  They can...

Meta, Microsoft, hundreds more own trademarks to new Twitter name

Billionaire Elon Musk's decision to rebrand Twitter as X could be complicated legally: companies including Meta (META.O) and Microsoft (MSFT.O) already have intellectual property rights...

Pakistan’s cherries sweeten up Chinese market: market access granted after 12-year wait

ISLAMABAD: While the cherry this year is over, Pakistan has gained market access for exporting cherries to China. After a 12-year-long wait,...

Elon Musk posts new Twitter logo X to replace blue bird

Elon Musk and Twitter Chief Executive Officer Linda Yaccarino unveiled a logo for the social media platform on Monday that featured a...

India’s economy to hold top spot for GDP but not so much for jobs growth: Reuters poll

India's economy will grow at a solid pace for the rest of this fiscal year and next but well below its potential...

Mango exports suspended for 23 days due to dispute over plant SOPs

This situation has jeopardized the export of the prized Chaunsa mango variety, which holds a substantial market in Iran and Dubai, amounting to over $100mn 

Top rice exporter India bans most shipments as monsoon hits crops

India has prohibited the export of non-basmati white rice with immediate effect, according to a government notice on Thursday, after a late...

Exclusive: China’s state banks selling dollars offshore to slow yuan declines, sources say

China's major state-owned banks were seen selling dollars to buy yuan in the offshore spot market in early Asian trades on Thursday,...

PTCL Group achieves impressive 26.8% revenue growth amidst challenging economic conditions

ISLAMABAD: On Wednesday, Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services provider in Pakistan, announced its financial results for...

India’s Tata chooses UK for $5bn Jaguar Land Rover gigafactory

India's Tata Group will build an electric vehicle battery plant in Britain to supply its Jaguar Land Rover factories, delivering a major...

UPS strike could be costliest in US in a century, study says

A threatened U.S. strike at United Parcel Service (UPS.N) could be "one of the costliest in at least a century," topping $7 billion...

Telenor and Kistpay partner for smartphone financing 

The two aim to jointly provide Shariah-compliant instalments for lower and middle-income customers

Exclusive: BYD proposes $1bn India plan to build EVs, batteries

China's BYD Co (002594.SZ) has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a...

Exclusive: China invites global investors for rare meeting as economy sputters

China's financial regulators have invited some of the world's biggest investors to a rare symposium next week, three sources said, seeking to...

China’s Huawei poised to overcome US ban with return of 5G phones, research firms say

China's Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms,...