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G7 warns economic coercion will ‘face consequences’

HIROSHIMA: G7 leaders vowed Saturday that attempts to "weaponise" trade and supply chains would "fail and face consequences," in a thinly veiled warning to...

Prices of life-saving medicines increased by 14pc

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) on Friday, with the approval of the federal government, announced up to 14 percent hike in...

SBP releases half-yearly report on country’s economy

KARACHI: The State Bank of Pakistan (SBP) on Friday released its half yearly report on the country’s state of economy, encompassing economic performance and...

TikTok users file lawsuit to block US state ban

Five TikTok users in Montana who create content posted on the short-video app filed a lawsuit in federal court seeking to block the state's...

India to withdraw 2,000-rupee notes from circulation

India will start withdrawing its 2000, the highest value currency notes from circulation, the central bank said on Friday, in a move that economists...

Short-term inflation remains over 45pc

ISLAMABAD: The weekly inflation, measured by Sensitive Price Indicator (SPI), decreased by 0.16 pc on a year-on-year basis for the week ending on May...
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UK announces new Russia sanctions, including diamond ban

Britain unveiled new sanctions against Russia's minerals sector Friday, targeting imports of aluminium, diamonds, copper and nickel in a bid to choke Moscow's ability...

Turkish lira hits record low as bonds steady after post-election rout

LONDON: Turkiye's lira weakened to a record low against the dollar on Thursday, after incumbent Tayyip Erdogan's lead in presidential elections surprised markets, while...

SBP’s foreign exchange reserves continue to decline

KARACHI: The foreign exchange reserves, held by State Bank of Pakistan (SBP), continued to decline for the third consecutive week as the country struggles...
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