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The Herald Today

5 August 2025

Business

Sri Lanka stocks record fourth week of gains
Sri Lanka stocks record fourth week of gains

Sri Lankan Stocks Record Fourth Consecutive Week of Gains Sri Lankan equities extended their winning streak to a fourth week...

By Web Desk | May 2, 2025 | Category: Business, World

Copper prices rise amid trade war resolution optimism.
Copper prices rise amid trade war resolution optimism.

Copper Prices Increase Amid Trade War Developments London: On Friday, copper prices experienced an upswing, fueled by indications of progress...

By Web Desk | May 2, 2025 | Category: Business, Latest, World

Rupee weakens further versus US dollar
Rupee weakens further versus US dollar

Rupee’s Performance in Inter-Bank Market The Pakistani rupee experienced a slight decrease against the US dollar, declining by 0.03% during...

By Web Desk | May 2, 2025 | Category: Business, World

FTSE 100 Climbs, Led by Shell, as China-US Concerns Subside
FTSE 100 Climbs, Led by Shell, as China-US Concerns Subside

FTSE 100 Rises on Trade Talk Hopes and Earnings The UK’s leading stock index, the FTSE 100, experienced gains on...

By Web Desk | May 2, 2025 | Category: Business, UK, United States, World

Pound gains ground on softer dollar before crucial US figures
Pound gains ground on softer dollar before crucial US figures

Sterling Gains Ground Amid Dollar Weakness The British pound saw a slight increase against the dollar on Friday, holding near...

By Web Desk | May 2, 2025 | Category: Business, UK, United States, World

Pakistan’s tax-to-GDP ratio projected to hit 10.6% by June, Aurangzeb informs S&P Global.
Pakistan’s tax-to-GDP ratio projected to hit 10.6% by June, Aurangzeb informs S&P Global.

Pakistan Aims to Boost Tax-to-GDP Ratio Finance Minister Muhammad Aurangzeb has announced that Pakistan is projected to elevate its tax-to-GDP...

By Web Desk | May 2, 2025 | Category: Business, Latest

KTBA suggests tax relief for individuals with yearly income under Rs1 million
KTBA suggests tax relief for individuals with yearly income under Rs1 million

Karachi Tax Bar Proposes Income Tax Exemption for Lower Salaried Individuals The Karachi Tax Bar Association (KTBA) has suggested eliminating...

By Web Desk | May 2, 2025 | Category: Business, Latest

Atoms, Pakistani sneaker firm, secures $2M+ investment from patrons.
Atoms, Pakistani sneaker firm, secures $2M+ investment from patrons.

Atoms Secures Over $2 Million in Customer-Led Investment Round Atoms, a sneaker startup with Pakistani roots, has successfully garnered more...

By Web Desk | May 2, 2025 | Category: Business, Latest, Tech

Petition for Zero Duty on HS Codes 3402.1300 & 3402.1190 Imports Rejected by SC
Petition for Zero Duty on HS Codes 3402.1300 & 3402.1190 Imports Rejected by SC

Supreme Court Upholds Customs Duty on Specific Imported Items The Supreme Court has rejected a petition that aimed to eliminate...

By Web Desk | May 2, 2025 | Category: Business, Latest

Thatta Cement proposes 5:1 stock split for wider investor participation
Thatta Cement proposes 5:1 stock split for wider investor participation

Thatta Cement Considers Stock Split to Enhance Investor Access Thatta Cement Company Limited (THCCL) has officially communicated to the exchange...

By Web Desk | May 2, 2025 | Category: Business, Latest

The Unspoken Dollar Shortage
The Unspoken Dollar Shortage

Dollar Scarcity Persists Despite Current Account Surplus Despite a current account surplus and timely processing of import Letters of Credit...

By Web Desk | May 2, 2025 | Category: Business, Latest

Kohala Hydropower Scheme: Chinese Firm Appeals for LoS Extension
Kohala Hydropower Scheme: Chinese Firm Appeals for LoS Extension

Kohala Hydropower Project Seeks Letter of Support Extension ISLAMABAD: M/s Kohala Hydropower Company Limited (KHCL), a Chinese entity, has formally...

By Web Desk | May 2, 2025 | Category: Business, China, Latest

Pakistan Constructs 12.5KM River Bridge, the Longest in South Asia
Pakistan Constructs 12.5KM River Bridge, the Longest in South Asia

Pakistan Building South Asia’s Longest River Bridge Pakistan is currently engaged in the construction of the Ghotki-Kandhkot Bridge, set to...

By Web Desk | May 2, 2025 | Category: Business, Latest

Aurangzeb optimistic on US tariff rollback
Aurangzeb optimistic on US tariff rollback

Finance Minister Optimistic About Reversing US Tariffs KARACHI: Finance Minister Muhammad Aurangzeb expressed optimism on Wednesday regarding the potential reversal...

By Web Desk | May 2, 2025 | Category: Business, Latest, United States

Pakistan Aims to Conserve $17bn via Updated IGCEP, Eliminating Pricey Energy Ventures
Pakistan Aims to Conserve $17bn via Updated IGCEP, Eliminating Pricey Energy Ventures

Government Aims to Save Billions Through Energy Project Revisions The government plans to achieve savings of Rs4,743 billion (USD17 billion)...

By Web Desk | May 2, 2025 | Category: Business, Latest

Delegation of Chinese Firms Exceeding a Dozen Lands in Pakistan
Delegation of Chinese Firms Exceeding a Dozen Lands in Pakistan

Chinese Business Leaders Arrive in Islamabad to Explore Investment Opportunities A significant delegation comprising top executives from over a dozen...

By Web Desk | May 2, 2025 | Category: Business, China, Latest

US arbiter instructs Zia Chishti to remit $9.1mn to TRG International
US arbiter instructs Zia Chishti to remit $9.1mn to TRG International

Zia Chishti Ordered to Pay $9.1 Million in Arbitration In a significant setback for Zia Chishti, the former CEO of...

By Web Desk | May 2, 2025 | Category: Business, Latest

Gold Rate Decreases by Rs3,400 Per Tola in Pakistan
Gold Rate Decreases by Rs3,400 Per Tola in Pakistan

Gold Prices Dip in Pakistan Amid Global Downturn The price of gold in Pakistan experienced a decline on Wednesday, mirroring...

By Web Desk | May 2, 2025 | Category: Business, Latest

Oil prices rise following China’s openness to US trade discussions.
Oil prices rise following China’s openness to US trade discussions.

Oil Prices Surge on Trade Talk Hopes Oil prices experienced an increase on Friday following China’s announcement that it is...

By Web Desk | May 2, 2025 | Category: Business, Latest, World

Dollar set for third weekly advance as tariff worries recede
Dollar set for third weekly advance as tariff worries recede

Dollar Set for Weekly Gain Amid Trade Talk Optimism TOKYO: The U.S. dollar is on track to record its third...

By Web Desk | May 2, 2025 | Category: Business, Latest, United States, World