LONDON: The UK manufacturing PMI, just released, showed that activity rose to a three month high of 52.9 in January, up from 51.9. That beats expectations.
But it’s a slightly mixed picture –although output hit 19-month high, new export orders fell and firms cut their staffing levels.
UK firms also reported that their raw materials were cheaper, allowing them to cut prices – adding to deflationary pressures.
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Monday chaired a high-level meeting to review the proposed...
KARACHI: Ambassador of the Republic of Portugal to Pakistan, Mr. Paulo Domingues, has called for a major transformation in Portugal-Pakistan...
HYDERABAD: Collectorate of Customs team has detained three oil tankers carrying approximately 20,000 litres of petrol and high-speed diesel (HSD),...
ISLAMABAD: Pakistan exported 420,277 metric tonnes of rice in September 2026, compared with 168,322 metric tonnes in September 2025. Rafiq...
