News

Imports from Türkiye and Kenya: NTC imposes five-year anti-dumping duties on soda ash

The National Tariff Commission (NTC) has imposed definitive anti-dumping duties on imports of disodium carbonate (soda ash) from Türkiye and Kenya for a period of five years after concluding that dumped imports caused material injury to the domestic industry. According to an official notice issued by the Commission, the investigation was initiated on July 18, 2025, following an application file

Dollar steady before US inflation data, yen under pressure

The dollar steadied on ​Tuesday ahead of US inflation data, with Middle East tensions lifting oil prices while the yen held a soft tone amid caution ‌over possible intervention and after policymakers’ comments on state pension fund allocations. The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, eased 0.04% to 101.23. Inflation risks

Gold recovers from two-week low ahead of US inflation figures

Gold rose on Tuesday after hitting a two-week low earlier ‌in the session, as markets awaited key US inflation data, with escalating US-Iran tensions driving oil prices higher and reinforcing expectations of further Federal Reserve rate hikes. Spot gold was up 0.3% at $4,013.93 per ​ounce by 0300 GMT, recovering from its lowest level since July 1. ​US gold futures for August delivery gained 0.4

Oil climbs to one-month high as US, Iran step up attacks in Strait of Hormuz

Oil prices rose 2% on Tuesday to their highest in four weeks, as the US reimposed its naval blockade of Iran while the two countries stepped ​up attacks in the Strait of Hormuz, heightening uncertainty about energy flows. Brent ‌crude futures climbed $1.68, or 2%, to $84.98 per barrel by 0051 GMT, while US West Texas Intermediate crude rose $1.65, or 2.1%, to $79.79 a barrel. Brent crude sur

PSX Opening Bell: Red Dawn

The Pakistan Stock Exchange (PSX) opened the week on a sharply negative note, with the benchmark KSE-100 Index extending last week's losses as investors reacted to a fresh escalation in geopolitical tensions in the Middle East. Market sentiment remained under pressure after the United States and Iran exchanged fresh military strikes in an escalating contest over control of the Strait of Hormuz,