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The Herald Today

27 July 2025

Business

Government to Eliminate 30,968 Positions in Downsizing Initiative
Government to Eliminate 30,968 Positions in Downsizing Initiative

Government to Eliminate Over 30,000 Posts in Rightsizing Effort The government has resolved to eliminate 30,968 positions across various federal...

By Web Desk | April 17, 2025 | Category: Business, Latest

Rs1.275trn loan for circular debt: CPPA-G set to ink deals with 18 banks
Rs1.275trn loan for circular debt: CPPA-G set to ink deals with 18 banks

Loan Agreement Expected to Address Circular Debt ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) is anticipated to finalize term sheets...

By Web Desk | April 17, 2025 | Category: Business, Latest

Asian Nations, Including Pakistan, Aim to Increase US Energy Purchases to Reduce Trade Gap
Asian Nations, Including Pakistan, Aim to Increase US Energy Purchases to Reduce Trade Gap

Asian Nations Aim to Boost US Oil and Gas Imports to Reduce Trade Surplus Several Asian governments, including Pakistan, are...

By Web Desk | April 17, 2025 | Category: Business, Latest, United States, World

Steel Industry Voices Concerns Over SRO 592(1)/2025
Steel Industry Voices Concerns Over SRO 592(1)/2025

Steel Sector Voices Concerns Over Proposed Changes to Export Facilitation Scheme The organized steel industry has conveyed significant apprehension regarding...

By Web Desk | April 17, 2025 | Category: Business, Latest

Gold Hits Record High in Pakistan, Soaring Rs8,600 Per Tola
Gold Hits Record High in Pakistan, Soaring Rs8,600 Per Tola

Gold Prices Surge to New Heights Gold prices have achieved unprecedented levels in both domestic and global markets. In Pakistan,...

By Web Desk | April 17, 2025 | Category: Business, Latest

Bagasse IPPs: Nepra Likely to OK 60% FCC Increase
Bagasse IPPs: Nepra Likely to OK 60% FCC Increase

NEPRA Likely to Approve Significant Hike in Baggasse IPP Fuel Costs The National Electric Power Regulatory Authority (Nepra) is poised...

By Web Desk | April 17, 2025 | Category: Business, Latest

ABB’s Q1 Earnings Exceed Projections; Robotics Unit to Separate
ABB’s Q1 Earnings Exceed Projections; Robotics Unit to Separate

ABB Exceeds Expectations in Q1, Plans Robotics Division Spin-off ZURICH: ABB announced a stronger-than-anticipated profit for the first quarter. The...

By Web Desk | April 17, 2025 | Category: Business, Latest

S. Korea’s KOGAS Aims to Secure LNG for 2025-2026 Onward
S. Korea’s KOGAS Aims to Secure LNG for 2025-2026 Onward

KOGAS Seeks LNG Supply for Deliveries SINGAPORE: Korea Gas Corp (KOGAS) of South Korea is in the market for liquefied...

By Web Desk | April 17, 2025 | Category: Business, Latest, World

South Korea hints at rate cuts in May amid Trump tariff risks
South Korea hints at rate cuts in May amid Trump tariff risks

South Korea Signals Potential Rate Cut Amid Economic Concerns SEOUL – The central bank of South Korea indicated on Thursday...

By Web Desk | April 17, 2025 | Category: Business, Latest, World

Wipro’s stock declines as soft Q1 outlook sparks growth concerns.
Wipro’s stock declines as soft Q1 outlook sparks growth concerns.

Wipro Shares Plunge After Weak Forecast Bengaluru: Wipro’s stock experienced a sharp decline of as much as 6.3% on Thursday,...

By Web Desk | April 17, 2025 | Category: Business, Latest, Tech

Malaysia Airlines’ Earnings Decline in 2024 Due to Hurdles
Malaysia Airlines’ Earnings Decline in 2024 Due to Hurdles

Malaysia Aviation Group Reports Annual Profit Decline KUALA LUMPUR: Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, declared...

By Web Desk | April 17, 2025 | Category: Business, Latest, World

Iron ore advances amid spotlight on strong basics
Iron ore advances amid spotlight on strong basics

Iron Ore Futures Rise Amid Supply Concerns and Demand Iron ore futures experienced an upward trend on Thursday, driven by...

By Web Desk | April 17, 2025 | Category: Business, World

Palm oil rebounds, ending a three-day decline on firming vegetable oil prices.
Palm oil rebounds, ending a three-day decline on firming vegetable oil prices.

Palm Oil Futures Experience Uptick in Malaysia JAKARTA: Palm oil futures in Malaysia saw an increase on Thursday, recovering from...

By Web Desk | April 17, 2025 | Category: Business, Latest

Baht/dollar rate decreased on Thursday.
Baht/dollar rate decreased on Thursday.

Thai Baht Declines Against US Dollar The Thai baht experienced a decrease in value relative to the US dollar on...

By Web Desk | April 17, 2025 | Category: Business, Latest

Gold Hits Record High in Pakistan, Soaring to Rs350,000 per Tola
Gold Hits Record High in Pakistan, Soaring to Rs350,000 per Tola

Gold Prices Reach New Historic High in Pakistan The upward trend in gold prices persisted on Thursday, establishing a new...

By Web Desk | April 17, 2025 | Category: Business, Latest

South Korean stocks gain slightly as rates remain steady.
South Korean stocks gain slightly as rates remain steady.

South Korean Financial Market Update: Stocks Dip Following Nvidia Restrictions Seoul – South Korean equities experienced a slight decrease on...

By Web Desk | April 17, 2025 | Category: Business, World

Hyundai Levied PKR 25M Fine by CCP Over Deceptive Tucson Deal
Hyundai Levied PKR 25M Fine by CCP Over Deceptive Tucson Deal

CCP Penalizes Nishat Hyundai for Deceptive Marketing ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a penalty of PKR...

By Web Desk | April 17, 2025 | Category: Business, Latest

IMF Wraps Up Assessment Mission in Bangladesh
IMF Wraps Up Assessment Mission in Bangladesh

IMF Concludes Visit to Bangladesh for Staff-Level Agreement Discussions The International Monetary Fund (IMF) announced on Thursday the completion of...

By Web Desk | April 17, 2025 | Category: Business, Latest

Gulf Bourses See Downturn Amid Tariff Worries
Gulf Bourses See Downturn Amid Tariff Worries

Gulf Stock Markets Experience Downturn Amid Trade Concerns Major stock exchanges in the Gulf region experienced declines in early trading...

By Web Desk | April 17, 2025 | Category: Business, Latest, World

Rouble strengthens against dollar, lifted by oil price surge
Rouble strengthens against dollar, lifted by oil price surge

Russian Rouble Gains Ground Against Dollar and Yuan MOSCOW: The Russian rouble experienced an increase in value against both the...

By Web Desk | April 17, 2025 | Category: Business, Latest, World