By Staff Reporter
ISLAMABAD: Barrick Gold Corp. is in advanced talks to secure over $2 billion from international lenders for its Reko Diq copper-gold mine in Pakistan, a pivotal project poised to transform the South Asian nation into a top-tier mining hub.
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday issued a sweeping invitation to global investors, including Saudi Arabia, China, the US, and the European Union, to tap into the country’s $6 trillion mineral reserves, as Islamabad races to unlock an underdeveloped sector critical to stabilising its debt-strapped economy.
By Staff Reporter
ISLAMABAD: Pakistan and the United States pledged on Monday to expand cooperation on trade, counterterrorism, and regional security during the first phone call between Foreign Minister Ishaq Dar and US Secretary of State Marco Rubio, Foreign Office (FO) said.
By Staff Reporter
KARACHI: Pakistan stocks cratered to an intraday low of 8,687 points on Monday—its biggest point drop ever—before closing 3.3 percent lower, reeling from a global sell-off sparked by China’s retaliatory tariffs on the U.S.
By Staff Reporter
KARACHI: Pakistan’s stock market suffered a historic 8,000-point collapse in an intraday trade on Monday, battered by global fallout from China’s retaliatory tariffs on the US.
By Staff Reporter
KARACHI: Pakistan’s stock market cratered on Monday, with the benchmark KSE-100 Index tumbling more than 6,000 points in early trading as President Donald Trump’s tariff decision stoked recession fears and oil prices sank.
By Staff Reporter
ISLAMABAD: Pakistan will dispatch a high-level delegation to Washington to contest a looming 29 percent US tariff on its goods, a policy threatening the nation’s fragile export-driven recovery, Finance Minister Muhammad Aurangzeb said on Saturday.
By Staff Reporter
KARACHI: Pakistan’s exports to the US are poised to take a hit after President Donald Trump unleashed a 29 percent tariff on Pakistani imports, part of a broad salvo hitting dozens of countries as he ramps up a global trade war.
By Staff Reporter
ISLAMABAD: The government reduced electricity tariffs by as much as Rs7.69 per unit, the largest cut in years, as Prime Minister Muhammad Shehbaz Sharif seeks to boost the country’s struggling economic growth.
Inflation rate slowed to 0.7 percent in March, the lowest in over three decades, driven by weak demand and economic reforms, with urban inflation falling to 1.2 percent and rural inflation remaining flat.
