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Posted on July 18, 2025

Oil extends gain on Iraq outages, tight market supports

Oil prices extended gains on Friday, underpinned by supply concerns following drone attacks on northern Iraqi oilfields and tight market fundamentals amid healthy summer demand.
Posted on July 18, 2025

AI Data Center Boom Mints South Korea’s Newest Billionaire

Based in Ansan, a suburb of Seoul, Sanil Electric manufactures transformers, the vital equipment that changes voltage and makes electricity safe to use.
Posted on July 18, 2025

Moderna cancels plans to build Japan plant on poor business environment

Moderna said on Friday it is cancelling plans to build a messenger RNA manufacturing plant in Japan due to “changes in the business environment” around the world and in Japan.
Posted on July 18, 2025

Pakistan IT Exports Grow in FY25 but Fall Short of Govt Target

Pakistan IT exports rose to $3.8B in FY25, up 18% from last year but fell short of the $4.2B target set by the government.
Posted on July 18, 2025

India Post Partners With AMFI To Ease KYC Verification For MF Investors

The MoU was signed by Ms. Manisha Bansal Badal, GM, (Business Development) on behalf of Department of Posts and Mr. V. N. Chalasani, Chief Executive, AMFI …
Posted on July 18, 2025

China pledges to crack down on illicit exports of rare earths

The country’s government alleges collusion to steal rare earths-related goods by repackaging and relabeling rare metals to hide their Chinese origin.
Posted on July 18, 2025

China desks proposed to boost investment and trade in Pakistan

The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has proposed setting up dedicated “China desks” in key public institutions to ease investment processes for Chinese businesses. This …
Posted on July 18, 2025

HBL Named ‘Best Bank in Pakistan’ in Euromoney Awards for Excellence 2025

Euromoney Awards for Excellence 2025 has awarded HBL the accolade of ‘Pakistan’s Best Bank’. The Bank has also won ‘Pakistan’s Best Bank for Large …
Posted on July 18, 2025

Pakistan Attracted Foreign Direct Investment of $2.5 Billion in FY25

The net Foreign Direct Investment (FDI) in the country stood at $207 million in June 2025, up 1 percent over the FDI of $205 million in the same period …
Posted on July 18, 2025

Pakistan’s current account posts $2.1bn surplus in FY25

Pakistan’s current account (C/A) posted a massive surplus of $2.1 billion during the fiscal year (FY) 2024-25, a sharp contrast against $2.07 billion deficit recorded in the FY24, data released on …

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