US-UK Strikes in Yemen Escalate Oil Prices and Global Trade Concerns

Attacks on Yemen cause a 4% surge in oil prices, triggering global trade disruptions and economic concerns.

Federal Debt Rises Modestly in November 2023

The surge in Pakistan's total federal debt is primarily attributed to a robust increase in long-term domestic debt.

Xiaomi and Huawei Introduce Electric Vehicles, Propelling Chinese Tech Giants into Auto Industry

Xiaomi and Huawei charge into electric vehicles, intensifying the ongoing competition in China's automobile industry.

Toshiba Removed from Tokyo Stock Exchange: End of an Era

Toshiba bids farewell to the Tokyo Stock Exchange in an £11bn deal, symbolizing a cautionary tale for global investors.

IMF Denies Tax Increase Reports

Amidst speculation, the IMF denies plans for tax increases in Pakistan, providing relief amid the nation's ongoing economic recovery.

Government Announces Significant Cut in Petroleum Prices

Pakistan reduces petroleum prices by up to Rs14 per litre, responding to a significant drop in global oil prices.

Economic struggles and unemployment grips West Bank

The impact of the conflict is not confined to individual hardships but is resonating throughout the West Bank's economy.

$700 Million Loan Hangs in Balance as Pakistan Excluded from IMF Agenda Until Mid-December

Pakistan faces uncertainty as scheduling delays push IMF approval into mid-December, impacting the awaited $700 million disbursement.

Economy Shrunk Under PDM Govt: Reports

The NAC confirmed that Pakistan's GDP hit a 50-year low during the tenure of PDM coalition government.

Pakistan Eyes Tax Base Expansion with Military-Led Data Integration Committee

The objective is to elevate the number of income tax return filers from 4.9 million to 6.5 million within the next eight months.

Pakistan Stock Exchange Breaks 59,000 Points Barrier

The KSE-100 Index surged to 59,502.28 points, marking a significant gain of 603 points compared to the previous close at 58,899.84 points.

Energy Price Hike Looms as Caretaker Government Navigates IMF Agreement

Finance Minister Shamshad Akhtar underscored the necessity for robust financial reforms to fortify Pakistan's economy.