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Business

Shein Hong Kong IPO Targets Valuation Near $25 Billion

Shein's Hong Kong IPO plans value the fast-fashion retailer at about USD 25 billion to USD 28 billion, according to…

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Brent Crude Holds at USD 88.55; No Hormuz Ships Tracked Sunday

Brent crude held at USD 88.55 a barrel at 0128 GMT (6:28 a.m. PKT) Monday, while WTI slipped 14 cents…

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Anthropic IPO Valuation Rests on USD 190–200 Billion Forecast

Wall Street is modelling an Anthropic IPO valuation around a reported USD 190–200 billion revenue forecast for 2028, more than…

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Oil Prices Gain Nearly 6% as US-Iran Talks Stall

NEW YORK: Oil prices gained more than 5% during the week after stalled US-Iran talks raised fears of prolonged supply…

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China Electric Truck Exports Double as Fuel Costs Rise

BEIJING, China, East Asia: China electric truck exports more than doubled year-on-year to 16,823 during the four months after February…

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Iran Economic Pressure: US Plans New Measures Next Week

WASHINGTON, United States, North America: Treasury Secretary Scott Bessent signalled new economic pressure measures on Iran on August 13. He…

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IC Markets Crypto CFDs List: Dynamic Leverage Up to 1:500

VICTORIA, Seychelles: IC Markets crypto CFDs include more than 50 contracts and dynamic leverage of up to 1:500, according to…

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Pakistan Reportedly Seeks $10B US Treasury Liquidity Facility

ISLAMABAD: Pakistan has reportedly sought a USD 10 billion liquidity facility from the US Treasury’s Exchange Stabilisation Fund, although neither…

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Pakistan Plans 150-Acre Auto Zone at Port Qasim

KARACHI, Sindh: Pakistan plans to establish a 150-acre automotive processing zone at Port Qasim, with proponents estimating annual exports of…

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