Oil, miniatures of oil barrels, oil pump jack and U.S. dollar banknote are seen in this illustration taken, June 6, 2023. — ReutersKospi drops before trimming losses as risk sentiment weakens.Nikkei 225 slips ~0.3% amid cautious Asian market…
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Nationwide fuel shortage looms as petroleum cargoes held over tax dispute
A large number of oil tankers are parked near Shireen Jinnah Colony in Karachi. — Online/FilePetroleum cargoes remain stranded at Karachi ports.Five major petrol and diesel vessels await clearance.Sindh restores 100% IDC bank guarantee requirement.
Pakistan is facing the…
Govt decides to import 85,000 tonnes of sugar from Azerbaijan
A labourer unloads bags of sugar from a delivery truck to a market in Karachi. — Reuetrs/FileFirst shipment set to arrive within coming weeks.Sugar to be sold at subsidised rates in markets.Govt aims to prevent shortages, control rising prices.
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PM assures facilitation to investors as Pakistan, China sign $4.2bn business pacts under CPEC 2.0
PM Shehbaz Sharif addresses the Second Pakistan-China B2B Investment Conference in Beijing, China, September 4, 2025. — PIDPM vows to end bureaucratic hurdles, ensure swift facilitation.Shehbaz assures top security for Chinese nationals in Pakistan.CPEC 2.0 shifts focus to B2B…