Gold and Asian stocks were on the rebound on Tuesday as trade took a calmer tone after wild swings in metals markets, with the mood helped overnight by a sharp jump in US factory activity. Japan’s Nikkei jumped 2.5% to recoup Monday losses and South Korea’s KOSPI rose 4%. Futures pointed to a recovery in Hong Kong while S&P 500 futures were up 0.3% with traders eyeing a busy few sessions of ear
Consumer Price Index-based inflation stood at 5.6 per cent on a year-on-year (YoY) basis in December 2025, compared to 6.1 per cent in the previous month and 4.1 per cent in December 2024, according to the Pakistan Bureau of Statistics (PBS). Data released by the PBS on Monday further showed that on a month-on-month (MoM) basis, CPI declined by 0.4 per cent in December 2025, compared to an incr
All Pakistan Textile Mills Association (APTMA) has urged the FBR to adjust the Super Tax liability following the recent decision of the Federal Constitutional Court against outstanding Sales Tax, Income Tax and other refunds pending for payment by the government to manufacturers and exporters for years. APTMA Chairman Kamran Arshad said that the industry, especially the export-oriented textile
All Pakistan Paper Merchants Association (APPMA) has accused shipping lines, agents, and freight forwarders of imposing multiple illegal charges on importers while criticizing the Federal Board of Revenue (FBR) for failing to take action against these practices. In a letter to Daily Business Recorder, Muhammad Anis, Senior Vice Chairman, APPMA, outlined what he described as exploitative practic
The Wafi Energy Pakistan Ltd has signalled plans to invest up to USD100 million over the next two to three years to expand its retail and storage network, while urging the government to ensure a clear and predictable fiscal framework to boost investor confidence. Federal Minister for Finance and Revenue Muhammad Aurangzeb on Monday reaffirmed the government’s commitment to sustaining macroecono