A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. — Reuters S&P 500 futures slip, Nikkei and Kospi extend retreat.Dollar edges up as market narrows odds on Fed rate hike.Fed chair to testify this week, US CPI in focus.SYDNEY:…
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Pakistan slashes Gwadar Port fees in bid to expand regional trade

This photo, released on November 13, 2016, shows a general view of Gwadar port, some 700 km west of Karachi. — APPBerthing fees reduced by 25%, announces minister.Transshipment container charges reduced by 40%.One-month free cargo storage announced.
Minister for Maritime…
Pakistan to increase oil imports from Russia amid Strait of Hormuz crisis: envoy

This image shows Cnergyico Pakistan Limited’s oil refining complex in Hub, Balochistan, on September 20, 2021 — Facebook/@cnergyicopkltd
Strait of Hormuz situation becomes a worrying signal: envoy.”Pakistan considering building pipeline from Central Asia, Russia.”Demand…
ADB forecasts Pakistan growth at 3.5%, warns of Middle East risks

An image of the Asia Development Bank’s logo. — Reuters/FileGrowth seen rising to 4.5% next year.Inflation projected at 6.4% this fiscal year.Middle East conflict seen as major external risk.
ISLAMABAD: The Asian Development Bank has forecast Pakistan’s economy to grow by…




