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News
Govt to present IMF three-year plan to wipe out Rs3.6tr gas sector circular debt
1+ day, 11+ hour ago (346+ words) Summary The Finance Ministry is expected to brief the IMF on the proposed debt settlement mechanism during the upcoming review ISLAMABAD (Dunya News) - Pakistan is preparing to present the International Monetary Fund (IMF) with a three-year strategy to settle the…...
Pakistan, Uzbekistan agree to deepen economic ties, boost trade and investment
2+ week, 1+ day ago (155+ words) Summary Pakistan and Uzbekistan have agreed to deepen economic ties by expanding bilateral trade and investment, while stressing greater engagement between government bodies, businesses and chambers. ISLAMABAD (Dunya News) – Pakistan and Uzbekistan have agreed to further deepen economic relations, including…...
Chipmaker CXMT sues Pentagon over 'Chinese military company' designation
2+ week, 2+ day ago (229+ words) Summary The Pentagon designated CXMT a Chinese military company under the Biden administration, and Trump administration kept the company on the list in a June update. HEFEI (Reuters) - China's top memory chipmaker, ChangXin Memory Technologies (688825.SS), opens new tab, sued…...
Ali Pervez Malik holds separate meetings with OICCI, PSO leadership
2+ week, 2+ day ago (252+ words) KARACHI (Dunya News) - Petroleum Minister Ali Pervez Malik held separate meetings with the leadership of the Overseas Investors Chamber of Commerce and Industry (OICCI) and Pakistan State Oil (PSO) in Karachi, where discussions focused on energy security, investment opportunities and…...
Canada slaps retaliatory tariffs on US goods worth $20 billion as trade war intensifies
2+ week, 5+ day ago (409+ words) Summary The counter-tariffs on US goods take effect on September 8 and impose duties of 15%, 25% and 50% across around 700 products imported from south of the border, a government statement said. OTTAWA (Reuters) - Canada hit back on Tuesday with retaliatory tariffs on about…...
US and Canada fall deeper into a trade war with new tariffs as talks collapse and blame is spread
3+ week, 1+ day ago (1020+ words) Summary US and Canada fall deeper into a trade war with new tariffs as talks collapse and blame is spread Each side blamed the other for the collapse of negotiations in Washington late Friday, leading the U.S. to impose 50% tariffs on…...
Major US markets struggle to find a positive ending for the week
3+ week, 3+ day ago (449+ words) Summary The announcement temporarily brought down government bond yields, which have been elevated by concerns about high inflation partly caused by the war in Iran and rising U.S. government debt. The futures for the S&P 500 rose 0.3%, the Dow Jones Industrial…...
Pakistan raises petrol, diesel prices for August 21
3+ week, 4+ day ago (125+ words) Summary Pakistan has raised petrol and diesel prices, with new rates of Rs337.78 and Rs364.70 per litre effective August 21. ISLAMABAD (Dunya News) - The government has increased the prices of petroleum products, with the new rates taking effect for one day from August…...