A liquefied natural gas tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. — ReutersHormuz traffic grinds to near halt after fresh US strikes.Sources say nearly all LNG under long-term Qatar contracts.State-owned Pakistan LNG seeking…
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Govt selects international bank consortiums for $2bn bond drive
A trader counts US dollar banknotes at a currency exchange booth in Peshawar, January 25, 2023. — ReutersStandard Chartered, Citibank feature across all three consortiums.MUFG Securities and Mashreq Bank join banking roster first time.PKR-denominated USD-settled bonds included for…
Middle East tensions pose downside risks to Pakistan’s financial stability: SBP
The State Bank of Pakistan building in Karachi. — APP/FileOil prices may stay higher longer.Global supply chains face potential disruptions.Experts rank geopolitical risks as top threat.
KARACHI: The State Bank of Pakistan has cautioned that prolonged uncertainty stemming…
Govt extends austerity measures till June 30, revises business timings
Local residents walking across a market in Parachinar on December 3, 2024. — AFPConsular services to remain open Fridays nationwide.Grocery stores allowed extended evening operating hours.Provinces directed to enforce revised federal guidelines.
ISLAMABAD: The federal…