Judge voids Elon Musk’s “unfathomable” $56 billion Tesla pay package
A Delaware judge on Tuesday ruled that Elon Musk’s record-breaking $56 billion Tesla pay package could be tossed, calling the compensation “an unfatRead More…
Category: Business
Pakistan, Saudi Arabia agree to increase bilateral economic, trade ties
ISLAMABAD: Pakistan and Kingdom of Saudi Arabia on Tuesday agreed to increase bilateral economic and trade relations to enhance the business integratRead More…
Pakistan received $150bn in remittances in five years
The country received $150 billion in remittances during the five years from 2017 to 2022 and was ranked fifth among the top remittances-receiving couRead More…
Rupee likely to end fiscal year on stable note
KARACHI: The rupee’s depreciation is unlikely during the remaining period of the current fiscal year as inflation has left no space for its declineRead More…
Iran’s misery index
Over the past decade, per capita income has come down from $8,525 to under $3,000. Over the past six years, the riyal has fallen from 40,000 riyaRead More…
Japan seen missing primary budget surplus target in FY2025
Japan’s primary budget balance is expected to remain in the red in the fiscal year 2025/26 when policymakers had hoped to achieve a surplus, the CabiRead More…
Dollar struggles to retain gains, option expiries bump yen up
The U.S. dollar struggled to keep gains on Monday as looming central bank decisions in Japan and Europe and vacillating market expectations for Fed rRead More…
China keeps benchmark lending rates steady amid pressure on yuan
China kept benchmark lending rates unchanged at their monthly fixing on Monday, matching expectations with Beijing seen as having limited scope for mRead More…
Bitwise says drew most bitcoin ETF inflows on first trading day
Senior official at crypto asset manager expects bitcoin ETFs to “become a market measured in the tens of billions of dollars.” Crypto asset manageRead More…
Shipping Activity at Port Qasim
Four ships namely, Maersk Cape Town, Hafnia Myna, Parnassos and AAI Prelude scheduled to load/offload Containers, Condensate oil, Steel Coil and WheaRead More…