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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.
IMF ‘shares’ MEFP with Pakistan for $1.2 bln tranche unlock
The International Monetary Fund (IMF) has shared a draft of the Memorandum of Economic and Financial Policies (MEFP) with Pakistan for unlocking of $1.2 bln tranche, ARY News reported on Thursday, citing sources As per details, progress has been made towards securing a $1.2 billion tranche from the...
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Priyanka Chopra: Dua Lipa ignores her during Bvlgari event
Priyanka Chopra gained public attention once again during the Bvlgari event. In the recent Bvlgari event, Priyanka Chopra was criticised over a video in which she was allegedly being ignored by British Singer Dua Lipa. Some social media users noted that Dua Lipa ignored Chopra because of her perceiv...
Stocks slide, oil gains with Mideast ceasefire prospects centre stage
The widening war has jolted global markets this month, sending oil prices soaring, reigniting inflation fears
A closer look at shipping traffic through the Strait of Hormuz with Gulf oil exports slowed by war
20 million barrels of oil typically flow through the Strait of Hormuz each day but since the Iran war began a trickle of a one million barrels travel through per day. NBC News’ Christine Romans spoke with Matt Smith, Kpler lead analyst who gives a closer look at the traffic through the strait.
Singapore’s green fuel levy on air travellers delayed over Iran war
Singapore is delaying a sustainable aviation fuel (SAF) levy that airline customers were meant to start paying next month, citing the surge in fuel costs spurred by the Iran war. Additional charges will now begin on October 1 as a result of the “impact of the ongoing conflict in the Middle East on a...
Andrew Hastie open to 25% tax on gas profits and says multinationals have ‘had a really good run’ on Australian wealth
Exclusive: Speaking with the Australian Politics podcast, the Liberal frontbencher says a sovereign wealth fund would set Australians up for generations to comeFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLiberal frontbencher Andrew...