Pakistan’s trade deficit with nine neighbouring countries widened by 47.55 per cent to $4.474 billion in the first five months of the current fiscal year from $3.032bn in the corresponding period last year. Trade analysts attributed the widening gap to higher imports from China and India. During the months under review, China’s imports increased the most, while Pakistan’s exports to the same co
Pakistan Stock Exchange (PSX) on Monday boasted a highly bullish rally, where the KSE-100 index surged by a massive 4,411 points, attributed to falling government bond yields, declining lending rates, and easing political tensions, particularly the ongoing talks between the government and the opposition. Analysts also cited strong economic indicators such as rising exports, remittances, and for
Honda and Nissan have started talks towards a potential merger, a historic pivot for Japan's auto industry that underlines the threat Chinese EV makers now pose to some of the world's long-dominant legacy car makers. The Japanese giants are in talks to merge by 2026, they said on Monday. The tie-up would create the world's third-largest auto group by vehicle sales after Toyota and Volkswagen. I
Pakistan Business Forum (PBF) has urged Finance Minister Muhammad Aurangzeb to outline a clear and actionable roadmap for 2025 including the strategic reforms targeted at enhancing Pakistan's business environment. The forum expressed concern that current economic policies were falling short of portraying Pakistan as a business-friendly nation and stressed the importance of boosting investor con
Federal Minister for Commerce Jam Kamal Khan and the Kenyan high commissioner met on Monday to explore new horizons in trade and regional cooperation. The discussions centred on leveraging Pakistan's strategic location to serve as a gateway between Central Asia and the East African Community, with both sides expressing a strong commitment to deepening economic ties, according to a statement.