FBR tax collection increases 30pc in April 2025
It has crossed the entire annual target of Rs9,300 billion set for the previous year
US Senate rejects bill to rein in Trump tariffs as economy contracts
The measure sought to terminate the emergency that Trump declared as basis for 10% global tariffs
Eurozone economy grows more than expected despite US tariff turmoil
The EU's data agency said the 20-country single currency area recorded growth of 0.4% over Jan-March
Gold retreats as trade tensions ease; US payrolls data on tap
Spot gold fell 1.4% to $3,240.66 an ounce
Oil prices take breather after prospect of increased supply triggered selloff
Brent crude futures gained 7 cents, or 0.1%, at $61.13 a barrel
US economy shrinks in first quarter as tariffs unleash flood of imports
Imports jumped at a 41.3% rate, the largest rise since the third quarter of 2020
SBP to announce monetary policy on May 5
The Monetary Policy Committee (MPC) of SBP will meet on Monday
China's export orders dip in April as Trump's tariffs begin to bite
China’s export orders dip in April as Trump’s tariffs begin to bite
Ogra slashes LPG prices by Rs3.20 per kg
Similarly, the commercial cylinder price has decreased by Rs145, bringing down to Rs11,276
Trump's tariffs loom over the economy as shipments from China fall
Trump’s tariffs loom over the economy as shipments from China fall
Digitization key to global market access: Dar
Mentions Digital Nation Pakistan Act as a key step for promoting digitalization
Pre-budget seminar: Aurangzeb stresses on structural reforms in taxation system
He said that the government has been trying to minimize human involvement in tax collection system
PSX suffers massive decline as geopolitical tensions persist
Benchmark KSE-100 Index dropped by more than 4,000 points at one point on Wednesday
Trump eases auto tariffs burden as Lutnick touts first foreign trade deal
The developments helped eased some investor worries about the erratic trade policies of Trump
China's factory activity falls sharply as Trump tariffs bite
China's official purchasing managers' index (PMI) fell to 49.0 in April versus 50.5 in March
Shares wobble as tariffs fuel global growth concerns
US Treasury yields also languished near multi-week lows
Oil prices fall as trade war concerns dampen demand outlook
Brent crude futures fell by 17 cents, or 0.26%, to $64.08 per barrel
Dollar steady but vulnerable as tariff worries take hold
Sterling last fetched $1.3403, on course for 3.8% rise in April
FBR imposes new system to collect sales tax from cement sector
The minimum retail price for the cement sector will be implemented from May 1, 2025
$6.4bn Reko Diq mining pact expected next month
The financial structure includes contributions from federal and Balochistan governments
CM Maryam opens Rs40bn ration card project for labourers
She said the programme fulfills promise to offer structured assistance to working class
World Bank approves additional $108m for KP's roads, tourism
It aims at improving rural accessibility
Pakistan eyes major boost in date palm exports with UAE's assistance
Both countries sign MoU for Pakistan International Date Palm Festival 2025
Lutnick says Trump's autos tariff relief aimed at reshoring production to US
Lutnick says Trump's autos tariff relief aimed at reshoring production to US
PSX recovers after battering amid air of uncertainty
The benchmark KSE-100 index dipped to 112,935 during early hours of Tuesday's trading
IMF board meets on May 9 to review Pakistan's loan programmes
In March, Pakistan and the IMF concluded the first biannual review of programmes on a positive note
Oil falls as economic jitters dampen demand outlook
Brent crude futures fell by 25 cents, or 0.4%, to $65.61 per barrel
Stocks drift amid US-China standoff
China has moved to make some exemptions but has held off on stimulus
Pakistan makes historic camel milk powder export to China
First-ever export of camel milk powder opens new avenues for Pakistan’s dairy sector
Macroeconomic conditions have improved in H1FY25: SBP
the current account balance turned into a surplus
FBR officials directed to bring transparency, increase revenue
A special meeting was held at the Regional Tax Office Peshawar
IBM to invest 150 billion-dollar in US over next five years to aid quantum push
IBM to invest 150 billion-dollar in US over next five years to aid quantum push
Brazil to offer tax breaks to lure data center investments
Brazil to offer tax breaks to lure data center investments
Gold prices decrease by Rs1,600 per tola
The rates of per tola and ten gram silver remained constant at Rs3,497 and Rs2,998 respectively.
At event with Donald Trump Jr in Bulgaria, crypto firm Nexo announces US return
At event with Donald Trump Jr in Bulgaria, crypto firm Nexo announces US return
Volatility rules PSX amid uncertain situation in country
The benchmark KSE-100 index closed after losing 1,400 points
Oil edges up despite murky economic outlook, potential OPEC plus supply hike
Brent crude futures and U.S. West Texas Intermediate crude nudged higher for a third session
Dollar sellers pause with eye on US jobs
At 143.57 yen and $1.1360 per euro the greenback has, for now, found a footing
Asia shares edge up; dollar at mercy of US trade whims
EUROSTOXX 50 futures added 0.3%, while FTSE futures and DAX futures both rose 0.2%
Aurangzeb highlights economic turnaround at Harvard University conference
'...we have stabilized the fundamentals, restored confidence, and reignited growth'
India to suffer $1.14bn losses after trade halt with Pakistan: PBF
According to PBF, India exported about $500 million worth of goods to Pakistan
World Liberty Financial delegation meets PM, other leaders
Pakistan’s proactive approach demonstrates its commitment
Conflicting US-China talks statements add to global trade confusion
Trump told TIME magazine that talks were taking place and that the Chinese president had called him
Over 200 Indian flights hit as airspace closure enters fourth day
They are expected to raise fares to mitigate financial losses
Pakistan's IT exports expected to reach $4bn in FY25
Islamabad aims to raise IT exports to $10 billion by 2029
FinMin hopes Pakistan would launch Panda bond before year-end
Says country requests extra 10bn yuan on China swap line
Serbia's NIS oil firm gets new sanctions waiver from US
Serbia's NIS oil firm gets new sanctions waiver from US
ECB consensus builds for June rate cut but no appetite for big move, sources say
ECB consensus builds for June rate cut but no appetite for big move, sources say
Agreement signed between Pakistan Crypto Council, World Liberty Financial
Pakistan Crypto Council officially established in Pakistan: Atta Tarar
Countrywide strike observed on JI's call to express solidarity with Palestinians
Major business hubs and markets remained closed across the country
FinMin stresses trade, FDI in meetings with global financial czars
The minister made it clear that the govt intends to return to international capital markets
Aurangzeb for swift action on climate resilience; advocates economic diversification
He highlighted climate change as an existential threat to Pakistan
US and EU not close to deal on tariffs - Dombrovskis
The US imposed 25% tariffs on EU cars, steel and aluminium in March
Wall Street ends with weekly gains as trade negotiations, earnings in focus
The small cap Russell 2000 (.RUT) enjoyed its largest weekly percentage gain since November
World Bank chief economist sounds alarm on emerging market debt issues, urges liberalization
The IMF has slashed its economic forecasts for the US, China and most countries
UK's Deliveroo gets 3.6 billion-dollar buyout proposal from DoorDash
UK's Deliveroo gets 3.6 billion-dollar buyout proposal from DoorDash
Wall Street ticks lower in premarket, but still poised for a winning week
Wall Street ticks lower in premarket, but still poised for a winning week
PSX regains ground after govt's fitting response to India's sabre-rattling
With an increase of over 800 points, the benchmark KSE-100 Index reached 115,844 points
Trump refutes China's claim of no trade talks
"They had a meeting this morning," Trump told reporters, declining to say to whom he was referring
Finance minister showcases Pakistan's economic reforms, secures global support
The minister also interacted with members of the Pakistan Bank-Fund Staff Association
Oil prices set for weekly loss on potential for more global supply
Brent crude futures gained 5 cents to $66.60 a barrel
Dollar drifts higher at end of volatile week of Trump backflips
The dollar was up 0.3% at 143.08 yen
Stocks eye weekly rise on Trump's tariff backdown
US tech giant and Google parent Alphabet (GOOGL.O) also beat profit expectations
Govt seeks fresh bids for PIA sell-off by June 3
The privatisation board finalised its recommendations
Sindh CM, Islamic Development Bank discuss housing, women empowerment projects
The IsDB is financing $200 million for the reconstruction of houses
Refineries ordered to increase fuel output amid regional tensions
Govt mobilises oil supply chain following false flag operation in Held Kashmir
Ministers discuss agriculture development in Balochistan
Minister Zehri briefed federal minister on potential, challenges of agricultural sector
South Africa abandons planned VAT hike after pushback
VAT will be maintained at 15%, the finance ministry said
Nissan sees record loss of up to 5.26 billion-dollar as restructuring bites
Nissan sees record loss of up to 5.26 billion-dollar as restructuring bites
Etihad Town launches in Sialkot: The trustworthy real estate brand that continues to set industry benchmarks
Etihad Town has now introduced its newest project — Etihad Town Sialkot
PSX bleeds, loses 2,200 points amid simmering dispute with India
KSE-100 lost 2,500 points during early hours of trading and slightly recovered on Thursday
Bessent says IMF and World Bank need reform and there's an 'opportunity for a big deal' with China
He said the institutions “serve critical roles in the international system
Musk damaged Tesla's brand in just a few months. Fixing it will likely take longer
In competition with rivals in the U.S., Tesla currently has one clear advantage
Aurangzeb discusses AIIB's financing, future development projects
The meeting was held on the sidelines of the IMF-World Bank Spring Meetings in Washington
Gold rebounds on dip buying despite US-China trade deal hopes
Spot gold rose 1.5% to $3,335.39 an ounce
IMF expects BOJ to delay further rate hikes due to tariff uncertainty
The IMF still expects inflation will converge to the BOJ's 2% target
Oil steadies after 2pc drop on potential OPEC plus output increase
Brent crude futures rose 6 cents, or 0.09%, to $66.18 a barrel
Dollar rebound loses steam with trade in focus
The dollar has recovered from a three-and-a-half-year low of $1.1572 per euro
FinMin meets Chinese, Saudi counterparts in Washington
Aurangzeb briefs them on economic situation of Pakistan
Highway blockades in Sindh severely disrupt exports, says SM Tanveer
Pakistan's exports have declined by 12% in the last quarter
Gold prices drop by Rs11,700 to Rs352,000 per tola
The prices of 10 grams of 24 karat also decreased by Rs10,031
Markets bounce after Trump says he won't try to fire Fed Chair Powell
Markets bounce after Trump says he won’t try to fire Fed Chair Powell
China says US should stop threats, coercion if it wants an agreement on tariffs
Guo accused the US of continuing to exert "extreme pressure" even as it tried to reach an agreement
Decline in KSE-100 index after days of bullish trend
KSE-100 index closed at 117,226 after losing 1,204 points
Trump hints at 'substantially' cutting tariffs on China if deal struck
"I have no intention of firing him. I would like to see him be a little more active," Trump said
China's President Xi says tariffs and trade wars hurt world economic order
Xi made the comments during a meeting with Azerbaijan President Ilham Aliyev in Beijing
FinMin Aurangzeb thanks World Bank for approving Country Partenership Framework
Both sides agreed on enhancing private sector investment to create more employment opportunities
In Dubai's Gold Souk, bullion's record run brings little joy for jewellers
As bullion prices hit record high, buyers look to diamonds and lighter gold jewellery, instead
IMF cuts growth rate forecast of Pakistan to 2.6pc amid global tariff uncertainty
It has previously projected the growth rate at 3pc
Dollar surges then steadies as Trump backs down on Fed attacks
The dollar rose more than 1% against the yen to 143.21 in early trading
IMF slashes global outlook as White House says trade talks pick up pace
The talks blitz is occurring amid the spring meetings of IMF and the World Bank
Oil rises 1pc on Iran sanctions, drop in US crude stocks
Brent crude futures rose 61 cents, or 0.9%, to $68.05 a barrel
Musk says he'll spend less time in Washington and more time running Tesla after its profit plunges
Auto analyst Sam Abuelsamid at Telemetry Insight said he doubts Musk’s predictions
World Bank team reviews progress of National Health Support Programme
The meeting concludes with a mutual agreement between the WB team and NHSP leadership
India's HCLTech misses Q4 revenue estimates, sees 2-5pc growth in FY26
India's HCLTech misses Q4 revenue estimates, sees 2-5pc growth in FY26
Thoma Bravo in advanced talks to buy Boeing's Jeppesen unit, source says
Thoma Bravo in advanced talks to buy Boeing's Jeppesen unit, source says
Pakistan aims to deepen trade ties with US: Finance Minister
Says we are eager to buy more cotton and soybeans from the US
US markets etch out small gains early after a Monday rout
US markets etch out small gains early after a Monday rout
Gold prices hike by Rs5,900, hit all-time high of Rs363,700 per tola
The per tola and 10 gram silver rates remained stagnant at Rs3,441 and Rs2,950.
Commerce Minister, Kyrgyz Ambassador discusses ways to boost bilateral trade connectivity
Both sides reaffirmed their commitment to enhancing collaboration across various sectors
European shares fall as Trump's anti-Powell tirade adds to uncertainty
The pan-European STOXX 600 index was down 0.7% as of 0709 GMT
Pakistan assures IMF of maintaining reform momentum
Aurangzeb meets IMF Managing Director Kristalina Georgieva in Washington
Gold maintains record rally following Trump's criticism of Fed chief
Spot gold was up 1.4% at $3,472.49 an ounce
Oil prices climb on short-covering, but tariff concerns linger
Brent crude futures rose 51 cents, or 0.8%, to $66.77 a barrel
Dollar wallows near three-year low as Trump's attacks on Fed chief unnerve traders
Sterling was stable at $1.3376 after surging as high as $1.3421
US finalises tariffs on Southeast Asian solar imports
Critics of the effort said tariffs would harm US solar producers
Asia fights drag from Wall St as US assets buckle
The selling did abate somewhat in Asia, allowing S&P 500 futures to bounce 0.4pc
Halal meat exports to Malaysia expected to reach $200m: minister
Rana Tanveer stresses boosting halal meat exports
Pakistan's salt exports to China surge by 40pc in four months
The sharp increase highlights the growing trade cooperation between two countries
FinMin seeks investments in Washington meetings
Aurangzeb briefed them on Pakistan’s macroeconomic outlook
Netflix gains as rosy forecast calms investor nerves amid tariff fears
Netflix gains as rosy forecast calms investor nerves amid tariff fears
Thai exports posting higher growth in March, commerce minister says
Thailand's March export data is due to be released on April 24
Thai-Chinese company denies flouting safety measures in probe of skyscraper collapse following quake
Thai-Chinese company denies flouting safety measures in probe of skyscraper collapse following quake
Gold prices hit historic high in Pakistan amid global surge
The global gold rate increased by $69 per ounce, reaching a record 3,395
PM lauds 9.3% textiles exports surge in nine months
“The textile sector’s exports have reached a record high of $13.613bn, which is highly encouraging"
Trump tariffs stunt US toy imports as sellers play for time
The $40bn toy industry, which heavily relies on production in China, is hard hit, companies said
US beef off the menu as the trade war hits Beijing's American-style restaurants
US beef is one of thousands of casualties in trade war between the world's largest trading partners
Dollar tumbles as Fed independence under threat from Trump
The dollar hit a 10-year trough of 0.80695 against the Swiss franc
Oil falls as concerns about demand amid US tariff upheaval return
Brent crude futures slipped $1.10, or 1.6%, to $66.86 a barrel
Stocks slide as Trump's Fed attacks jangle nerves
S&P 500 futures fell 0.64% and Nasdaq futures eased 0.53%
China warns countries against striking trade deals with US at its expense
China is determined and capable of safeguarding its own rights and interests, the ministry said
Pakistan food exports rise to $5.75bn in nine months
Exports have risen for 20 consecutive months despite unprecedented food inflation
Growers reject Rs15bn relief package as insufficient
Farmers Alliance warns to boycott wheat cultivation next year
Minister for boosting trade volume with African countries
Ch Shafay says foreign investors given special incentives in Punjab’s Special Economic Zones
Boeing jet returns to US from China, a victim of Trump's tariff war
landed back at the US production hub on Sunday, a victim of the tit-for-tat bilateral tariffs
China's US envoy urges end to trade war, but warns Beijing ready to fight
Xie said at a public event in Washington that tariffs would devastate the global economy
Pakistan plans new maritime trade corridors to tap East African market: minister
The initiative aims to establish direct sea links with EAC member states
China shipbuilders rip Trump's 'short-sighted' US port fees
China shipbuilders rip Trump's 'short-sighted' US port fees
India's HDFC Bank sees loan-to-deposit ratio at 85-90pc by FY27
India's HDFC Bank sees loan-to-deposit ratio at 85-90pc by FY27
Taiwan short-selling curbs extended again amid tariff uncertainty
Taiwan short-selling curbs extended again amid tariff uncertainty
PM Shehbaz invites investors from 60 countries to invest in mines and minerals sector
Shehbaz Sharif also pointed out that inflation fell from 38pc to single digit
Finance czar Aurangzeb off to US for IMF, World Bank meetings
He will also hold meetings with his counterparts from China, UK and Turkiye
Shein, Temu to get pricier as Trump cracks down on cheap imports
Shein, Temu to get pricier as Trump cracks down on cheap imports
Fed proposes averaging large bank stress test results to reduce volatility
Fed proposes averaging large bank stress test results to reduce volatility
Russian rouble strengthens past 81 vs US dollar, up 40pc since start of 2025
Russian rouble strengthens past 81 vs US dollar, up 40pc since start of 2025
Asian markets are mostly higher as Wall Street is stuck in trade war doldrums
Asian markets are mostly higher as Wall Street is stuck in trade war doldrums
Japan cautions about uncertainty from Trump trade policies
Japan cautions about uncertainty from Trump trade policies
Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump
Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump
Increase in revenue only way to get rid of foreign loan: PM Shehbaz
PM reviews FBR's performance monitoring system
Another day of gleeful trade at PSX amid economic turnaround
The KSE-100 index gained 500 points and reached 117,479 during early hours of trading
What Pakistan Really Needs in a Car
New Suzuki Alto enters like a soft-spoken answer to a question the industry forgot to ask
Tax-to-GDP target fixed at 11.2% for FY25-26
The target for the upcoming fiscal year would be set by estimating the size of the GDP
Current Account records 1.86b dollars surplus in nine months of FY25: SBP
The balance on Trade in goods during March 2025 was recorded as $2.181 billion
Apple's China smartphone shipments slide 9pc in first quarter
It was Apple's seventh straight quarter of decline
Japan does not manipulate FX to weaken the yen, finmin says
Kato is scheduled to visit Washington next week to attend the G20 summit
Wall Street choppy as Eli Lilly jumps, UnitedHealth plummets
The S&P 500 pared gains in the session's final minutes
Trump signals tit-for-tat China tariffs may be near end
US president said China had been in touch since the imposition of tariffs
World economy likely to avoid recession despite tariffs: IMF chief
Georgieva called on all countries "to put their own houses in order".
US unveils new port fees for Chinese-linked ships
The United States unveiled new port fees on Chinese built and operated ships Thursday.
Govt to digitise national economy, says PM Shehbaz
The decision to this effect was taken at a high-level review meeting held in Islamabad
Japan finance minister 'deeply concerned' over Trump tariff impact
Kato also voiced concern over recent volatile market moves triggered by Trump's tariff announcements
Trump, Italian Prime Minister Meloni to address US-Europe tariff tensions
The two leaders are expected to hold talks and have lunch during Meloni's day visit to Washington
China, US at impasse over who should start trade talks
Trump administration has been ramping up pressure on China by raising import tariffs
MoUs signed: Dar invites Hungarian investors to Pakistan
The MoUs were signed by Foreign Minister Ishaq Dar and his Hungarian counterpart Péter Szijjártó
Bullish trend continues in PSX amid economic gains
The KSE-100 index rose to 117,013 points during early hours of trading
World Bank sees 'gaping holes' in Pakistan's tax system
Terms dependence on remittances beneficial only in short-term.
Oil heads for weekly rise as US adds sanctions on Iran, OPEC cuts
Brent crude futures rose 34 cents, or 0.5%, to $66.19 a barrel
Dollar slides towards Easter weekend
The euro and yen are not far behind with gains of around 5pc on the dollar
Tariff-wounded stocks find no balm with Powell remarks
The central bank would wait for more data on the economy's direction before changing interest rates
Rightsizing drive to save Rs31b in next fiscal year: Cabinet secretary
Most of the cuts hit Grade-1 position, with 7,305 posts slashed
Kenya secures $600 million in short-term financing for roads
The East African nation has been struggling to fund development projects
Crypto firm DWF Labs buys 25 million-dollar of Trump's World Liberty Financial tokens
Crypto firm DWF Labs buys 25 million-dollar of Trump's World Liberty Financial tokens
China appoints a new trade negotiator during tariff fight with the US
China appoints a new trade negotiator during tariff fight with the US
Kuwait extends oil credit facility to Pakistan for two years
Both sides agree to strengthen bilateral cooperation in the energy sector
Global chip stocks slide as Nvidia warns of big hit from US export curbs
Global chip stocks slide as Nvidia warns of big hit from US export curbs
Gold hits record high at Rs348,000 per tola in Pakistan
The prices of 10 grams of 24 karat also increased by Rs7,373 to Rs298,353
Trump orders tariff probe on all US critical mineral imports
The review will assess US vulnerabilities for processing of all critical minerals – cobalt, nickle
PSX witnesses bearish trend, loses 755 points
A total of 481,813,460 shares were traded during the day
Budget 2025-26: Will low-income segment breathe easy amid tax relief proposals?
Govt is working on proposals and relief will be possible only after IMF proposal
Electricity prices slashed by Rs21.98 per unit for EV charging stations
The new base tariff has been fixed at Rs23.57/unit
Govt increases petroleum levy instead of offering relief
Had the levy not been increased, petrol could have been cheaper by Rs8 per litre
Oil subdued as markets assess effects of trade war
Brent crude futures rose 5 cents, or 0.1%, to $64.72 per barrel
Shares fall in Asia as Nvidia curbs fan worries, gold hits record
S&P 500 futures fell 0.8% while Nasdaq futures slumped 1.4%
Pakistan's credit rating upgrade reflects confidence in economic reforms: FinMin
“Our journey towards growth and stability will not be halted,” he asserts
Bolsonaro says he is focused on recovery after surgery, contacting only family
Bolsonaro says he is focused on recovery after surgery, contacting only family
Raw materials to keep British Steel plant operating reach the UK
Raw materials to keep British Steel plant operating reach the UK
CM Maryam discusses investment avenues in meeting with US delegation
Both sides deliberated on the matter of mutual interests
US moves ahead on tariffs with investigations into computer chips and pharmaceuticals
US moves ahead on tariffs with investigations into computer chips and pharmaceuticals
Fitch upgrades Pakistan's rating to 'B-' from 'CCC+'
The upgrade also reflects confidence that the country would implement structural reforms
Tariff relief, economic gains boost PSX trading
KSE-100 index immediately gained 700 points and surpassed 117,000 mark
Chinese official says US tariff aims to 'take away Hong Kong's life'
"Pressure, threats and blackmail are not the right way to deal with China," Xia said in a speech
Tech, auto shares gain as Trump floats more tariff exemptions amid confusion
Trump's aggressive tariffs sparked a selloff in US assets
Oil prices rise on potential US tariff exemptions on cars, pick-up in China crude imports
Brent crude futures gained 27 cents, or 0.42%, to $65.15 per barrel
Dollar steady as traders grapple with tariff uncertainty, volatility
Sterling was steady at $1.31825
Asia shares rise, bonds hold steady on some tariff reprieve
Nasdaq futures and S&P 500 futures were each down close to 0.2pc