Economy

AFP/APP New York: Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output. Eurozone stocks advanced as a drop in…

AFP/APP Hong Kong: Asian markets rose Thursday after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank's plans to cut interest rates this year. An…

News Desk  Islamabad: Pakistan needs to swiftly transition from withholding taxes to advanced income tax mechanisms, emphasized Dr Nadeem ul Haque, the Vice Chancellor of the Pakistan Institute of Development Economics (PIDE), on Tuesday…

AFP/APP Hong Kong: Asian markets were mixed Monday after data showed a slight uptick in US inflation, but Federal Reserve boss Jerome Powell said the reading was "in line with expectations". Traders were also cheered by a big jump in…

News Desk Islamabad: The Metaverse serves as a spatial computing platform, providing digital experiences that function as alternatives to or simulations of the real world. It incorporates fundamental aspects of human civilization,…

Editorial  Islamabad: Pakistan is an important outpost for America’s interests in the region. Its proximity to China, Iran, Afghanistan, India, and Russia makes it of particular interest to the Americans. Hence, the US will not…

News Desk  Rawalpindi: The Rawalpindi Chamber of Commerce and Industry (RCCI) has emphasized the need for the government to align the interest rates with those of regional economies and to reduce input costs. This, they argue, would…

AFP/APP Enna, Italy: The Italian island of Sicily has declared a state of emergency over a drought which has withered crops, desiccated pastures and led to water restrictions. Experts say climate change driven by human activity is…

News Desk South Korea: Approximately 9,000 junior doctors, comprising 71 percent of South Korea's trainee workforce, have submitted their resignations in support of their demands. These resignations come amidst a growing protest…

News Desk Islamabad: An inclusive political economy shall be the top priority of the incoming government without any political fiddling by any of the stakeholders. Politicians shall sit in the Parliament to do the legislation and…