Business & Economy

SYDNEY, Jul 5 (XINHUA/APP): Australia’s central bank has lifted interest rates by 0.50 basis points (BPS) on Tuesday, bringing the new rate to 1.35 percent as the country continues to battle rising inflation. The 0.50 percent increase marks the third consecutive month the Reserve Bank […]

BEIJING, Jul 5 (XINHUA/APP):China’s economy is expected to gradually overcome the negative impacts of the epidemic in the second half of this year, with economic indicators showing improvement amid a raft of supportive policies, according to a report by the Bank of China. Noting that […]

ISLAMABAD 04 July (Online): Finance Minister Miftah Ismail on Monday refuted reports claiming that the International Monetary Fund’s (IMF) loan programme for Pakistan had been postponed, saying there was “no truth” to it. The minister issued a clarification via a tweet as he shared a […]

KARACHI 03 July (Online): The Sindh government on Sunday announced that it was lifting the restrictions placed on operational hours for businesses and markets across the province “in the public interest” for a period of one week. The decision from the provincial government comes a […]

Lahore, July 04 (Online): Advisor to US President Dilawar Syed has said that the United States is Pakistan’s largest single-country export market and one of Pakistan’s largest sources of foreign investment. We must capitalize on that potential and nurture even greater and energetic economic ties. […]

LAHORE, Jul 04 (APP): US Special Representative for Commercial & Business Affairs Dilawar Syed said on Monday that Pakistan had strong potential to grow in textile and other sectors and its exporters could easily benefit from the liberal economic policies followed by US. He proposed […]

LAHORE, Jul 04 (APP): Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh on Monday stressed the need to have indigenous, research-based and data-driven solutions to business, economic, trade and industrial problems of Pakistan. He was speaking at a MoU signing […]

CANBERRA, July 4 (Xinhua/APP):– The value of Australia’s resources exports has been estimated to hit a record high despite floods and COVID-19 interrupting the industry. The federal Department of Industry, Science and Resources on Monday released Resources and Energy Quarterly (REQ) data for June 2022. […]

BEIJING, July 4 (Xinhua/APP) –: Some 1.09 million cars enjoyed China’s car purchase tax cut during the first month of the policy’s implementation, according to the country’s top taxation agency. The tax cut policy, which applies to some low-emission passenger vehicles, had saved about 7.1 […]

Istanbul, July 4 (AFP/APP): Inflation in Turkey in June soared to an annual rate of 78.6 percent, the highest in 24 years, official data showed on Monday, as President Recep Tayyip Erdogan’s unconventional economic policies continued to take their toll. The figure released by Turkey’s […]