Cargo Through Suez Canal Plummets by 45%

Houthi attacks in the Red Sea lead to a 45% decline in Suez Canal Cargo, triggering global trade disruptions.

Toyota remains world’s top-selling automaker

The Japanese automaker reported a 7.2 per cent jump in global group sales last year, including those at small-car maker Daihatsu and truck unit Hino Motors.

State Bank of Pakistan to Introduce New Currency Notes

SBP plans to introduce new currency notes with international security features, sparking cautious optimism from financial experts.

Elon Musk Warns Chinese Manufacturers Could Dominate Global Market Sans Trade Barriers

Elon Musk warns that Chinese EV manufacturers could outperform global competitors, including Tesla, unless trade barriers are in place.

IMF Review Mission Post General Elections

The outcome of these agreements will play a crucial role in formulating the next budget for the fiscal year 2024-25.

Apple Surpasses Samsung to Claim Top Spot in Global Smartphone Market

Apple's strategic focus on premium devices secures its leadership, while Samsung faces profit warnings and increased competition.

Government Considers Substantial Petrol Price Cut

Pakistan considers a petrol price cut amid security concerns, aligning with international oil trends and strengthening the local currency.

China Breaks Annual Crude Import Record in 2023

China breaks 2020's crude import record in 2023, fuel demand recovery post-Covid, economists predict continued growth in 2024.

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.

BYD Overtakes Tesla as World’s Top Electric Car Company in Q4 2023

BYD surpasses Tesla as the world's leading electric carmaker in Q4 2023, highlighting China's growing dominance in the EV industry.

China Poised to Overtake Japan as Leading Global Car Exporter

China accelerates towards becoming the world's leading car exporter, driven by a surge in electric vehicle exports.