Warren Buffett, legendary investor and executive director of Berkshire Hathaway, warned on Saturday that the use of trade as a confrontation tool can bring in reverse results on the United States, with a focus that trade must enhance cooperation, not conflict. Buffett told the shareholders at the annual Hathaway meeting in Omaha, Nebraska, in widespread … Read more
Prime Minister Shaybaz Sharif urged the United States to help defuse the growing tensions in South Asia after the Bahama incident, and he repeated Pakistan’s invitation to conduct a transparent international investigation and reject what was called “provocative and baseless charges.” In a statement issued by the Prime Minister’s office, Sharif extended the best wishes … Read more
According to what was reported, China asked South Korea companies to refrain from exporting products that contain rare ground minerals from China to US defense companies. According to a report issued by Korea’s daily economic, the Chinese Ministry of Commerce issued messages to South Korean companies participating in energy, batteries, electric cars, space and medical … Read more
Islamabad: The group’s president and executive director of the group PTCL & UFONE, Hatem Bammerf, has sparked serious concerns about the long delay in agreeing to the proposed merger in PTCL-TELENOR Pakistan by the Competition Committee in Pakistan (CCP), and a warning that further mitigating the costs and financial arrangements associated with it will be … Read more
The Governor of Bank of Japan, Kazo Oda, expressed concern on Monday due to the increasing uncertainty in both global and local economies, is largely driven by the US tariff policies. Speaking to the Japanese Parliament, UEDA warned that American definitions could exert down pressure on both global and Japanese economies through multiple channels. He … Read more
Karachi: Sind Prime Minister Murad Ali Shah said on Saturday that the Pakistani People’s Party (PPP) can withdraw from the federal government if his fears related to new channel projects are not addressed. Speaking to the media, Shah referred to the message of the Board of Directors of the Pakistani People’s Party company Bhutto Bhutto … Read more
Moody’s Investors services have expressed concerns that the recent implementation of the new US tariffs could negatively affect external financial stability in Pakistan and economic growth prospects. In its report entitled “The Customs Wright and the Pacific Ocean”, Modi pointed out that these definitions are more strict than previously expected and could have a negative … Read more
The salt exporters in Pakistan have caused warnings of the last rise in US President Donald Trump’s tariff, describing it as a possible disaster for their makers. The SMAP Association has warned that this step threatens the 60 % market share in salt imports in the United States, undermining the competitiveness of prices and reducing … Read more
Crescent Star Insurance Limited (PSX: CSIL) strongly denied allegations of price manipulation and illegal market practices against it by Tristar Private Limited. In a statement issued on Friday, CSIL rejected the Teristar claims that it was unfounded, following the Teristar message sent to the Director General of the Pakistani Stock Exchange (PSX), which raised concerns … Read more
The Securities and Stock Exchange Committee in Pakistan (SECP) has raised concerns about an increasing number of fraudulent real estate investment plans, which especially affect the elderly who have fallen victim to these deceptive operations and lost their life savings. According to the details of SECP, these frauds use the public confidence through the promising … Read more