News

US, China economic chiefs to meet in Paris to clear path to Trump-Xi summit

Top US and Chinese economic officials are set to launch a new round of talks in Paris on Sunday to iron out kinks in their trade truce and clear a smooth path for US President Donald Trump’s trip to Beijing to meet with Chinese President Xi Jinping at the end of March. The discussions, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, are expected to focus on shifti

Asia shares wary, oil choppy on Hormuz doubts

Asian markets were in a wary mood on Monday as hostilities in the Gulf kept oil prices elevated, complicating ​an inflation outlook that should keep most central banks on pause at policy meetings this week, barring one possible hike. In a possible hint of ‌hope, the Wall Street Journal reported the Trump administration plans to announce as early as this week that multiple countries have agreed

Jazz invests Rs58.67bn in 2025

Jazz invested Rs 58.676 billion during fiscal year 2025 to expand network capacity, strengthen digital platforms, and accelerate its transition into a leading integrated digital service company, JazzWorld, spanning connectivity, fintech, entertainment, insurance, and digital platforms. The Investment focused on enhancing connectivity, scaling digital services, and embedding artificial intellige

Nora EV enters Pakistan market with Rs1.89mn starting price

Pakistan’s electric vehicle (EV) segment has gained a new entrant as Nora EV has officially launched in the local market with a starting price of Rs1.889 million. According to details on the Nora EV website, the vehicle has been introduced in three variants, targeting buyers seeking relatively lower-cost EVs. The Eco variant is priced at Rs1,889,000, while the Eco+ variant costs Rs2,099,000. Th

Rising global oil prices pose serious risks to economic recovery: BMP

The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has warned that rising global oil prices, driven by escalating regional tensions, pose serious risks to Pakistan’s fragile economic recovery. BMP Chairman Mian Anjum Nisar cautioned that if international oil prices remain around USD 100 per barrel or climb higher, Pakistan could face significant economic setb