Gold prices rose towards their record high on Wednesday, supported by safe-haven demand as markets braced for US President Donald Trump’s latest tariff plans later in the day. Spot gold was up 0.4 per cent at $3,123.05 an ounce at 01:46am EDT (1746 GMT). US gold futures settled 0.6pc higher at $3,166.20. “Risks remain that tariffs could stoke inflation, which has buoyed gold prices. While a
Amazon has made a last-minute bid to buy TikTok, which faces a US ban if not sold by its Chinese owner, the New York Times reported on Wednesday. The offer arrived in a letter to officials involved in talks regarding the sale of TikTok to appease US national security concerns, according to the New York Times. President Donald Trump has downplayed risks that TikTok is in danger of being banne
Planning Minister Ahsan Iqbal has urged the Pakistani business community in Saudi Arabia to play an active role in further enhancing trade relations with the kingdom. “These increased economic contacts provide a solid foundation for bilateral relations between nations, he said while addressing a reception hosted by the Pakistani business community in Jeddah on Wednesday. The minister outline
Amid an 87 per cent plunge in maize exports during the January-March quarter of FY25, the Ministry of Food Security has issued directives to the Department of Plant Protection (DPP) to enforce phytosanitary policies strictly. The country exported 53,725 tonnes of maize to 12 countries during the quarter, compared to 419,432 tonnes to 34 countries in 2024. The country exported 147,057 tonnes of
In less than three months, the National Highway Authority (NHA) has again increased toll tax by 15 to 50 per cent for its motorways and highways, effective April 1. Earlier, the toll was increased on January 5. Under the revised toll taxes, the NHA charges Rs70 for cars against Rs60.For vans and jeeps, the toll tax has been increased to Rs150 from Rs100. Similarly, the toll for buses has be