Business
Business
PIA Fleet Expansion Plan Targets 60 Aaircraft Amid Revival
The PIA fleet expansion plan is moving to the centre of the airline’s revival strategy, with Pakistan International Airlines aiming…
Chinese Firm Plans $120m Investment in Pakistan’s Tyre Sector
China-backed investment in Pakistan's tyre sector is set to grow further after Service Long March Tyres announced a $120 million expansion…
UK Court Orders SpiceJet to Pay $8 Million in Lessor Dispute
A UK court has ruled that SpiceJet must pay about $8 million to an aircraft engine lessor for unpaid rent and…
US Fourth-Quarter GDP Growth Revised Lower to 0.5%
US fourth-quarter GDP growth was revised lower to an annualized 0.5%, according to the Bureau of Economic Analysis (BEA) of…
US-Iran Ceasefire Oil Prices Rise as Stocks Fall on New Fears
Oil prices rose, and global equities retreated on Thursday as the fragile US-Iran ceasefire story shifted again, with investors worried that the newly…
Pakistan Sees Drop in Energy Production, Higher Imports
Pakistan is facing a decline in energy production as domestic output falls and reliance on imports grows. The latest figures…
PSX Surges After Ceasefire News, KSE-100 Jumps Over 12,000 Points
Pakistan’s benchmark index soared on Wednesday as the PSX surged after news of a ceasefire became the dominant market story,…
PSX Falls on Geopolitical Fears as KSE-100 Sees Sharp Swings
The PSX fell on a geopolitical fears story, dominating trading on Tuesday as investor sentiment weakened sharply amid rising regional uncertainty. Concerns…
IMF Warns War Will Raise Inflation, Slow Global Growth
The IMF's global growth warning has sharpened concerns about the economic fallout from the Middle East war, with the Fund saying…