Business

Business

Auto Industry Tax Relief Planned in Federal Budget

Islamabad, Pakistan, is preparing auto industry tax relief measures for the upcoming federal budget to support local manufacturing and reduce…

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Global Stocks Hit Records as Brent Crude Drops

Global stocks surged on Wednesday while Brent crude dropped after reports that the United States and Iran were nearing an…

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PSX Rally Lifts KSE-100 by Nearly 7,000 Points

The PSX rally lifted the benchmark KSE-100 index by 6,962.28 points, or 4.23%, to 171,704.75 on Wednesday as easing Middle…

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Markets Record Highs Despite Iran War Fallout

New York/Seoul: Markets in the United States, Japan, South Korea and Taiwan reached record highs on Wednesday, May 6, 2026,…

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Australia Fuel Stockpiles Get A$10 Billion Boost

Sydney, Australia: Australia will spend A$10 billion, about USD 7.22 billion, to boost national fuel stockpiles and establish a permanent…

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Oil Prices Fall as Trump Signals Iran Deal Progress

Oil prices fell for a second day on Wednesday after US President Donald Trump indicated progress toward a possible peace…

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Fashion Repair Services Expand from Chanel to Uniqlo

Fashion repair services are expanding across luxury, mainstream and performance brands as companies seek to extend garment life and reduce…

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Dollar Index Rises as Hormuz Report Hits Stocks

The dollar index rose 0.3% to 98.542 on Monday after Iran’s Fars News Agency reported that two missiles struck a…

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Oil Prices Ease as Trump Cites Hormuz Ship Plan

Oil prices eased on Monday after US President Donald Trump said the United States would help ships leave the Strait…

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