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 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
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
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
Gold edged lower on Monday, weighed down by waning hopes of near‑term US interest‑rate cuts due to elevated energy prices, while a softer dollar helped limit losses. Spot gold was down 0.2% at $5,007.58 per ounce, as of 0240 GMT. US gold futures for April delivery fell 1% to $5,011.10. The dollar nudged lower, making greenback-priced commodities such as bullion cheaper for holders of o