Australian and New Zealand dollars outperform against greenback
Australian and New Zealand dollars reach multi-week highs against yen and euro due to rising oil prices and inflation concerns.
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Energy Rates
Trump to impose 100% tariffs on imported generic drugs
US President Donald Trump has announced a new tariff policy targeting imported generic pharmaceuticals, set to take effect in August 2028.
Asian stocks rise as US markets recover, tech sector leads gains
Asian shares surged as US markets recovered, with tech sector leading gains despite geopolitical risks.
Government raises prices of petrol and diesel under new daily pricing mechanism
The federal government in Pakistan has increased the prices of petrol by Rs4.93 per litre and diesel by Rs7.15 per litre under…
Government hikes petrol and diesel prices in response to global oil market fluctuations
Petrol price increased by Rs4.93 to Rs320.73 per litre and HSD by Rs7.15 to Rs367.21 as the government implements daily pricing based…
Taiwan semiconductor industry faces green power challenge
Taiwan’s semiconductor suppliers face increased demand for green energy from leading tech companies.
JI Announces Nationwide Highway Blockade and Sit-Ins on August 7
Jamaat-e-Islami (JI) has announced a nationwide protest against petroleum levy and inflation, with blockades and sit-ins planned for August 7.
Daily petroleum pricing reform hailed as step towards market transparency
Pakistan introduces daily pricing mechanism to enhance market transparency and reduce price volatility.
IESCO Announces Scheduled Power Shutdowns in Several Areas
Scheduled power shutdowns announced by IESCO for multiple areas in Pakistan on Wednesday.
Petrol and Diesel Prices Hike Confirmed by OGRA
OGRA confirms petrol and diesel prices increase, APPOA calls for nationwide shutdown.
Petrol and diesel prices hike under new daily pricing mechanism
Government increases petrol by Rs4.93 and diesel by Rs7.15 per litre, shifting from weekly to daily pricing.
Petrol Pump Owners Announce Nationwide Strike Over Daily Pricing
All Pakistan Petrol Pumps Owners Association announces nationwide strike over daily fuel pricing after failed negotiations with government.
Lahore High Court Confirms Death Sentences in Motorway Gang-Rape Case
The Lahore High Court has confirmed death sentences for two convicts involved in a 2020 gang-rape case on the Lahore-Sialkot Motorway.
RBA More Likely to Hike Rates as Fuel Prices Soar
Market forecasts predict a higher chance of Reserve Bank of Australia raising rates due to escalating Middle East crisis and rising global…
PTA Improves Website for Telecom Tariff Transparency
Pakistan Telecommunication Authority (PTA) has improved its website to provide better tariff information for telecom consumers.
Petrol Pumps to Shut Down Nationally from Midnight
All Pakistan Petroleum Pump Owners Association announces indefinite shutdown due to failed negotiations over daily petroleum price revisions.
US Trade Envoy Signals New Tariffs on Forced Labor
US trade envoy Jamieson Greer announces plans for new tariffs targeting 60 countries in response to forced labor practices.
Former Finance Minister Criticizes Pakistan’s Economic System
Former finance minister Miftah Ismail argues that Pakistan operates under an elite-controlled economy, citing issues in key sectors like sugar and agricult
Petroleum Minister Discusses Expanding Energy Cooperation with KUFPEC
Pakistan's Federal Minister for Petroleum Ali Pervaiz Malik met with KUFPEC to discuss expanding energy cooperation in the country’s petroleum sector.
IMF and Pakistan Fail to Agree on Gas Sector Debt Settlement
Pakistan and the IMF have failed to reach an agreement on a proposed settlement plan for gas sector circular debt, with final…