Beijing and Washington are locked in a fast-moving, high-stakes game of brinkmanship since the US president launched a global tariff assault that has particularly targeted Chinese imports. Tit-for-tat exchanges have seen US levies imposed on China rise to 145 percent, and Beijing setting a retaliatory 125 percent toll on imports from America. Official data on […]
President Donald Trump has ratcheted up tariffs on Chinese goods to eye-watering levels, prompting Beijing to slap retaliatory duties on U.S. imports in an intensifying trade war between the world’s two biggest economies that markets fear will lead to a global recession. Data on Wednesday showed China’s gross domestic product (GDP) grew 5.4% in the […]
The initiative, currently in progress, would allow Saudi citizens to travel freely for short stays within the 27 EU member states that make up the Schengen Area. The move is part of ongoing efforts to strengthen EU-Saudi ties and simplify travel procedures. The European Commission has already taken a significant step by easing visa rules […]
Asked about the media report, Reynolds’ office, the department for business and trade, said they were taking a “consistent and strategic approach” to Britain’s trade relationship with China. The department, which did not confirm Reynolds’ trip, said they were engaging with China in areas of trade that benefit Britain’s national interests. The Guardian said Reynolds’ […]
The National Electric Power Regulatory Authority (NEPRA) has issued a decision approving the federal government’s request, reducing the basic tariff of electric vehicle charging stations by Rs 21.98 per unit. After the decision, the tariff has been reduced from Rs 45.55 to Rs 23.57 per unit. Meanwhile a request to remove capped margin of Rs […]
According to the data, as many as 76,265 cars were sold during the months under review as opposed to 54,091 units in the same months of last year. The breakup figures showed that 11,460 units of Honda Civic and City were sold during July- March 2024-25 compared to the sale of 8,514 units during July- […]
The rates of 10 grams of 24 karat also increased by Rs.514 to Rs 290,980 from Rs.290,466 whereas the prices of 10 gram 22 karat gold also went up to Rs.266,741 from Rs.266,261, respectively. The rates of per tola and ten-gram silver remained constant at Rs.3,234 and Rs.2,772, respectively. The rate of gold in the […]
This stability persists despite global currency fluctuations and Pakistan’s economic reforms, offering a reliable outlook for businesses and overseas workers. 1 Canadian Dollar = 202.27 Pakistani Rupee Understanding the Valuation The CAD-PKR exchange rate is primarily driven by supply and demand dynamics in the foreign exchange (forex) market. Various elements shape this rate: Trade Relations […]
Japan, a long-time U.S. ally, has been hit with 24% levies on its exports to the United States although these tariffs have, like most of Trump’s sweeping “reciprocal” tariffs, been paused for 90 days. But a 10% universal rate remains in place as does a 25% duty for cars, which is set to be particularly […]
The gold rates in Saudi Arabia were recorded at 4,548 on Monday. According to Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently being sold at SAR 3,857, while the cost of an ounce of gold is 11,995 Saudi Riyal. Gold rates are influenced by global market trends, including those in Saudi Arabia, […]
