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Oil slides 4pc amid fragile diplomacy signals
NEW YORK: Oil prices slid about 4 per cent on Wednesday on reports that the US had sent Iran a 15-point proposal aimed at ending the war, prompting talk of progress toward a ceasefire. Brent futures fell 3.96, or 3.8pc, to $100.53 a barrel at 10:41am EDT (1441 GMT), while US West Texas Intermediate...
Pakistan to roll out legal reforms for construction, housing sector growth
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday directed relevant authorities to formulate and implement a practical strategy to promote investment in the construction and housing sector. He instructed that all stakeholders—both public and private—including provincial governments, as well as Az...
Pakistan Institute of Legislative Development for regular civil-military consultations at National Security Committee level
ISLAMABAD: Pakistan Institute of Legislative Development and Transparency (Pildat) has called for institutionalising the National Security Committee (NSC) as a regular forum for strategic civil-military consultation, with monthly meetings to proactively review domestic and international security de...
Mallya says madness paid off as RCB grows from Rs 450 crore to Rs 16,500 crore
Mallya says madness paid off as RCB grows from Rs crore to Rs crore
Meta fires 700, top execs get stock options hours before layoffs
Meta fires top execs get stock options hours before layoffs
NSE, BSE holiday: Is stock market open or closed today for Ram Navami?
NSE BSE holiday Is stock market open or closed today for Ram Navami
Australian Ore Miner Fenix Warns Fuel Crunch Impacting Industry
Fenix Resources Ltd. warned that constraints to diesel supply due to the Iran war are starting to impact operations across Australia’s mining sector, forcing the iron ore miner to scale back some activities.
Centre asks provinces to help shoulder fuel price burden
• Punjab, Sindh expected to revert after internal consultations on whether they have requisite fiscal space• Sharjeel Memon vows to implement any measures introduced by federal govt• Rs27bn released to settle oil industry’s price differential claims after PM decided to ‘hold’ petroleum prices, in sp...
Euro, Chinese yuan to end US dollar dominance, top economist says
Professor Kenneth Rogoff of Harvard University has repeatedly warned that the US dollar is approaching a crisis of legitimacy. Having written extensively on the global recession in the late 2000s, Rogoff has turned his focus to the US currency’s increasingly unstable place at the top of the world’s...
नेपाल में तेल का 'झटका', 15 रुपये लीटर महंगा हुआ पेट्रोल-डीजल, महीने भर में दूसरी बार बढ़ीं कीमतें
IFM Investors CEO on Investment Outlook
David Neal, CEO of IFM Investors, discusses his investment strategies and outlook for growth for the fund amid market volatility and elevated inflation risks. He speaks exclusively with Haidi Stroud Watts on the sidelines of the Asia Pacific Financial and Innovation Symposium on "Bloomberg: The Asia...
Hostplus' Sicilia on Investment Strategies
Sam Sicilia, CIO of Australia superannuation fund Hostplus, discusses his outlook for investment and growth strategies for the fund. He says the best way to hedge against market volatility and uncertainty is to 'diversify'. He speaks exclusively with Haidi Stroud Watts on the sidelines of the Asia P...
Iran war: Airlines increase fares in Pakistan
KARACHI: Airfares have surged significantly in Pakistan following an increase in jet fuel prices amid the prevailing war situation, with airlines passing on the additional costs to passengers. The Pakistan government raised the jet fuel price by Rs 154 per litre, bringing the cost to a record Rs 342...
California Governor blames Musk, Trump for surrendering EV market to China
California Governor Gavin Newsom criticized Elon Musk for potentially ceding the EV market to China by shifting Tesla's focus to AI and robotics. Newsom argued this move jeopardizes American supply chains and national security. However, he reserved his sharpest criticism for Donald Trump, accusing h...
35 Pakistani institutions feature in QS university rankings
• Nust, QAU foremost among public sector varsities • Lums secures top billing among business schools • AKU maintains its position as leading medical school LAHORE: As many as 35 Pakistani universities feature in the QS World University Rankings by Subject 2026, released a couple of days ago. At le...
Govt plans tax-free real estate package for overseas Pakistanis amid Gulf uncertainty
ISLAMABAD: The federal government has prepared a new tax-free real estate investment package aimed at attracting overseas Pakistanis, according to sources in the Ministry of Finance. The package aims to remove existing barriers and complexities, making real estate investment in Pakistan more accessi...
BOK Flags Financial Stability Risks as Iran War Fallout Persists
The Bank of Korea said the country’s financial system remained broadly stable in March, but warned that escalating Middle East tensions and structural vulnerabilities could amplify risks across markets.
Meta cuts hundreds of jobs, goes in line with Zuckerberg's previous statement
Meta has initiated layoffs, impacting hundreds of employees globally as part of a significant reorganization. This move follows earlier cost-cutting measures and a focus on AI investments. CEO Mark Zuckerberg highlighted AI's transformative potential, suggesting increased efficiency and a shift towa...
Israeli soldiers torture baby in Gaza to force father’s confession: report
Infant allegedly abused during interrogation near Al-Maghazi camp; father remains in custody
Pop Mart Extends Record Slide After Analysts Cut Price Targets
Pop Mart International Group Ltd. shares fell as much as 9.7% after analysts cut price targets and downgraded their outlooks, citing signs of slowing overseas momentum and growing reliance on the company’s Labubu franchise in its full-year results.