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Indonesia signs FTA with Russian-led Eurasian Union

[ Union will grant Indonesia preferential rates for 90.5% of its total tariff lines Trade barriers placed on foreign products are mistakenly considered a benefit by many politicians, when in fact they hurt their own citizens and economy and in turn make exports more difficult. photo: file JAKARTA: Indonesia and the Russia-led Eurasian Economic Union … Read more

Gold, silver at new highs on global rally

[ KARACHI: Gold prices in Pakistan surged to a fresh all-time high on Monday, mirroring a sharp rally in international markets driven by escalating geopolitical tensions and heightened safe-haven demand. Silver also climbed to an unprecedented level in the local market. According to rates issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the … Read more

PIA all set to go under the hammer today

The government is set to auction 75% shares of PIA on Tuesday in Islamabad, marking a significant step towards the airline's privatisation. The successful bidder will be granted a 90-day window to purchase the remaining 25% of shares. Sources said the potential new investor is required to commit an investment of Rs80 billion over the … Read more

Range-bound session keeps bourse in red

[ A stockbroker during a trading session at the Pakistan Stock Exchange in Karachi. PHOTO: AFP KARACHI: The Pakistan Stock Exchange (PSX) wrapped up Monday’s session on a subdued note, with the benchmark KSE-100 index ending slightly in the red as investors remained cautious in the absence of strong triggers. Trading activity was largely range … Read more

Toshakhana verdict a ‘mockery of law’

. RAWALPINDI: Aleema Khan on Monday denounced the sentencing of her incarcerated brother and PTI founding chairman Imran Khan and the latter’s spouse Bushra Bibi to 17 years’ imprisonment in the Toshakhana case, deploring the verdict as a mockery of law and justice and questioning the selective application of accountability. Speaking to the media outside … Read more