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Bust bond company MJS Capital fronted by Lib-Dem peer leaves investors 'disgusted'
Amid the chaos and heartbreak caused by the collapse of London Capital & Finance in recent weeks, another, similar bond company has also just gone bust, leaving more elderly investors fearing they have lost their savings.
Russia’s Oil Revenues Halved in March Before Iran War Boost
Russia’s oil tax revenue in March dropped by nearly half compared to a year earlier, highlighting the Kremlin’s financial strain just before the Middle East war delivered an unexpected boost to Moscow’s earnings.
Food prices spiked in March as Middle East conflict drove up energy costs, UN says
Biggest rises were in vegetable oil and sugar prices, which increased by 5% and 7% respectivelyVisual guide to the Gulf fertiliser blockadeFood prices rose sharply in March as war in the Middle East drove up energy prices and freight costs around the world, a UN report says.An index of food commodit...
US employment growth likely rebounded in March amid Iran war
WASHINGTON: U.S. job growth likely rebounded in March as a strike by healthcare workers ended and temperatures warmed up, but downside risks to the labor market are mounting from the dragging war in the Middle East. The anticipated bounce back will be a reversion to last year’s near stall-spe...
How to get the petrol relief package – eligibility and criteria
KARACHI: The Sindh government on Friday announced a petrol relief package following a massive increase in petroleum product prices. Addressing a press conference in Karachi, Sindh Chief Minister Murad Ali Shah said that the Excise and Taxation Department has waived motorcycle ownership transfer fees...
EU has no plans to stop importing Russian LNG this year — FT
In an interview with the publication, European Commissioner for Energy and Housing Dan Jorgensen confirmed his position that there will be no changes in EU legislation aimed at ending LNG imports from Russia in 2026
New Zealand doctor bills US embassy for rising fuel costs: ‘payment expected within 7 days’
A New Zealand doctor has sent the US embassy in Wellington an invoice for his clinic’s fuel bills, saying that President Donald Trump and his administration should take responsibility for starting a war that has sent oil prices spiralling. Shane Dunphy asked the embassy to reimburse him for the NZ$2...
Dubai gold edges higher as market finds footing, what buyers should know
DUBAI 22°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 22°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Business / RetailDubai gold edges higher as market finds footing, what buyers should k...
Free transport announced in Punjab after petrol price hike
LAHORE: The Punjab government on Friday announced free public transport for all passengers following a massive increase in petrol prices. The federal government has raised the price of petrol by Rs138 per litre, bringing the new rate to Rs458.40 per litre. Meanwhile, the diesel price has been increa...
How sheltered really is the US from the Gulf oil supply crisis?
As Trump suggests Middle East oil disruption is not his problem, experts say talk of US ‘energy independence’ is a smokescreen – with consumers paying the priceA month has passed since the US and Israel’s war on Iran all but closed the strait of Hormuz, through which about a fifth of the world’s oil...
Malaysia urged to take more aggressive action to tackle energy crisis
Malaysia has so far been spared the worst of the regional energy crunch, but experts say the government needs to move quickly and take more aggressive measures to prevent a worsening economic crisis if the Iran war becomes a drawn-out conflict. Much of Southeast Asia has been hit hard by the energy...
Copper Price Today in Pakistan – 1 Kg Tamba Rate April 3, 2026
Searching for the current copper price in Pakistan today or the 1 kg tamba rate on April 3, 2026? High-quality Millberry scrap copper is trading at approximately Rs. 5,500 per kg in major markets like Karachi, Lahore, Islamabad, and Gujranwala. Refined new copper continues to command a premium, typically ranging from Rs. 5,800 to Rs. 6,200+ per kg depending on purity, supplier, and location. Globally, copper prices have seen some recent softness, with the benchmark falling to around $5.56 per po...
Pakistan to repay $2 Billion loan to UAE by month-end
ISLAMABAD: Pakistan has decided to return a $2 billion loan to the United Arab Emirates (UAE) by the end of the current month, ARY News reported, quoting sources familiar with the matter. The amount, previously held in Pakistan’s account as a safe deposit, will be repaid to Abu Dhabi following a request from the Emirati authorities. Officials in the Ministry of Finance of Pakistan confirmed that Pakistan had been paying an interest rate of 6 percent on the deposited amount. The arrangement, init...
Economic security buffers
TWO recent developments offer compelling reasons for policymakers to prioritise the building of buffers for economic security. First, Pakistan has earned international goodwill by playing a proactive role in encouraging dialogue among parties engaged in the Gulf conflict. Second, the IMF has shown u...
Pay up or onshore: Trump's 100% tariff sets deadline for drugmakers
US President Donald Trump on Thursday signed an executive order imposing 100% tariffs on imports of certain patented pharmaceuticals and their active ingredients, the White House said. The measure, enacted under Section 232 of the Trade Expansion Act of 1962, follows a Department of Commerce investigation concluding that heavy reliance on foreign drug supplies threatens national security.
China issues guidelines on global sustainable development cooperation
The National Natural Science Foundation of China (NSFC) released guidelines for the Sustainable Development International Cooperation Program (SDIC) in 2026, which involves multiple international partner organizations and covers areas such as life and health, green resources, and climate change.
Pakistan to repay $3.5b UAE debt this month
Pakistan has decided to return the $3.5 billion debt of the United Arab Emirates this month, a senior cabinet minister said in a background briefing on Friday, ending speculations about the fate of the debt that Abu Dhabi had started rolling over only for a month. The political leadership has decided to pay back the entire UAE debt, said one of the senior cabinet ministers while briefing the anchorpersons in his office. ---------- More to follow.
Endless lines, empty wallets: World’s poorest nations buckle under $155 billion fuel burden
DUBAI 21°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 21°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Business / EnergyEndless lines, empty wallets: World’s poorest nations buckle under $1...
India and China hold trade expansion talks
The Indian and Chinese commerce ministers have met on the sidelines of a WTO event Read Full Article at RT.com
Dubai's Dh1 billion stimulus: What it means for companies and jobs
DUBAI 21°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 21°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Dubai's Dh1 billion stimulus: What it means for companies and jobsFee cuts and trade s...