News

Telecom sector: Senate panel expresses concern over governance issues

Serious concerns over governance and accountability in the telecom and digital sectors came under sharp scrutiny on Monday as the Senate Standing Committee on Information Technology expressed alarm over hefty dollar-denominated fees paid to Pakistan Telecommunication Company Limited (PTCL) board members, ongoing corruption cases within the Federal Investigation Agency (FIA), and persistent weaknes

Asian stocks inch higher, fragile yen spurs intervention worries

Asian stocks rose on Wednesday, buoyed by Japanese shares, as investors braced for a snap election in Japan that could lead to more fiscal stimulus, while worries about central bank independence and benign US inflation data whipsawed currencies. Geopolitical tensions across the globe lifted gold to a record peak and sent oil prices higher as US President Donald Trump urged Iranians to keep prot

Aurangzeb briefs Icoin Tech on digital asset framework

Federal Finance Minister Muhammad Aurangzeb on Tuesday briefed the delegation of Icoin Technology Inc on Pakistan’s ongoing efforts to develop a structured and responsible framework for digital assets. Finance Minister held a meeting with a visiting delegation from Icoin Technology Inc led by its Chairman and Chief Executive Officer, Chet Silvestri, here on Tuesday. During the meeting, the f

China’s trade ends 2025 with record $1.2 trillion surplus despite Trump tariff jolt

China on Wednesday reported a strong export run in 2025 with a record surplus of nearly $1.2 trillion, as producers braced for three more years of a Trump administration set on slowing the production powerhouse by shifting US orders to other markets. Beijing’s resilience to renewed tariff tensions since President Donald Trump returned to the White House last January has emboldened Chinese firms

Pakistan, KSA deepen mining cooperation, explore joint investment scope

Federal Minister for Petroleum Ali Pervaiz Malik is in Riyadh leading Pakistani delegation at the Future Minerals Forum (FMF) 2026, hosted by the Ministry of Industry and Mineral Resources of the Kingdom of Saudi Arabia. On the sidelines of the Forum, Ali Pervaiz Malik held a meeting with H.E. Bandar Ibrahim Al-Khorayef, Saudi Minister of Industry and Mineral Resources. Discussions focused on s