Sunday, August 3, 2025

Trump’s 104% Tariffs on China Shake Global Markets, Wipe Out $5.8 Trillion in S&P Value

President Donald Trump’s sweeping new tariffs—including a 104% duty on Chinese imports—took effect Wednesday, intensifying a global trade war that has rattled markets and...

PIA Returns to Profit After 21 Years Amid Restructuring and Privatization Push

Pakistan International Airlines (PIA) has posted its first net profit in over two decades, with FY2024 results showing a Rs 2.26 billion net gain...

Karachi Traders Report Disappointing 2025 Eid Sales

Despite crowded markets and high expectations, Karachi’s traders have expressed disappointment over sluggish sales during the Eid ul Fitr 2025 shopping season. According to All...

PM Announces Reduced Electricity Tariff: Here’s What You’ll Pay Now

Prime Minister Shehbaz Sharif has announced a reduction in electricity tariffs, lowering the national average rate from Rs45.05 to Rs37.64 per unit. The decision,...

OGDCL Confirms $627 Million Investment in Reko Diq Project

Oil & Gas Development Company Limited (OGDCL) has completed the feasibility study for the Reko Diq project and confirmed an investment of $627 million. An...

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