Iran War Sends Korean Stocks Tumbling 12% in Historic Market Crash
Seoul — South Korean equities suffered their largest single-day decline in history as escalating conflict involving Iran rattled global financial markets and triggered heavy...
Finance Ministry Clarifies Pakistan’s $138 Billion External Debt Breakdown
The Ministry of Finance has issued a detailed clarification regarding Pakistan’s reported $138 billion external debt, stating that the figure includes multiple categories of...
Government Plans 20% Excise Duty on Imported Mobile Phones
The Government of Pakistan is considering the introduction of a 20% excise duty on imported mobile phones, a proposal aimed at increasing revenue and...
PTCL Losses Widen to Rs10.46 Billion in FY25 Amid Financial Strain
Pakistan Telecommunication Company Ltd (PTCL) reported a net loss of Rs10.46 billion for the fiscal year 2024-25, marking a significant widening of its deficit...
UAE Rolls Over $2 Billion Loan to Pakistan for Another Two Months
The United Arab Emirates has agreed to roll over a $2 billion loan to Pakistan for another two months, providing temporary relief to the...
Cement Sales Jump 12.5% in January as Exports Rebound Strongly
Pakistan’s cement sector recorded a robust performance in January 2026, with total dispatches rising 12.54 percent year-on-year, largely due to a sharp rebound in...
