A stock broker reacts while monitoring the market on the electronic board displaying share prices during trading session at the Pakistan Stock Exchange, in Karachi, July 3, 2023. — ReutersKSE-100 Index closed at 149,235.26 points, down 1,355.74 points, or -0.9%.Index touched intraday…
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US tariffs, trade tensions to slow growth in developing Asia and Pacific, says ADB
A worker walks past inside the Asian Development Bank headquarters in this file photo. — Reuters
MANILA: Higher US tariffs and trade uncertainty have worsened the economic outlook for developing Asia and the Pacific, the Asian Development Bank said in a report on Wednesday…
Govt orders import of 200,000 metric tonnes of sugar: ministry
A person can be seen putting sugar in a plastic shopping bag while packing. — AFP/File
The Ministry of National Food Security on Saturday confirmed that an order has been placed for the import of 200,000 metric tonnes of sugar to stabilise domestic prices and provide relief…
Govt to present IMF three-year plan to clear Rs3.6tr gas-sector circular debt
An undated image of an MOL Pakistan exploration site. — MOL Pakistan website/FileGas sector circular debt reaches Rs3.6 trillion, say officials.Gas debt comprises Rs2.1tr in interest, Rs1.5tr in principal.Finance ministry likely to brief IMF on proposed plan.
Pakistan is…