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Economy
Oil prices jump as Strait of Hormuz standoff escalates
Crude oil prices rose in early trading Sunday.
The price of U.S. crude oil jumped 6.4% to $87.88 per barrel after trading resumed on the Chicago Mercantile Exchange.
The price of Brent crude, the international standard, climbed 6.5%…
Fear, not Earnings Drives Pakistan’s Equity Market
On Monday, March 30, 2026, the Pakistan Stock Exchange (PSX) endured one of its sharpest downturns in recent memory, underscoring a persistent truth about the market: it is driven less by fundamentals and more by investor sentiment shaped…
Pakistan’s silent emergency: Kidney failure crisis deepens amid water contamination fears
As the world marked World Kidney Day with renewed calls for equitable healthcare, a stark warning from the Pakistan Medical Association (PMA) has drawn attention to a mounting public health crisis in Pakistan.
The Association’s latest…
India–Canada CEPA Will Unlock Complementarities for a Stronger Economic Partnership
Renewed negotiations between India and Canada could strengthen bilateral economic ties by leveraging their complementary strengths in energy, technology, trade, and innovation. The proposed CEPA aims to elevate bilateral trade to USD 50…
Pakistan’s $600 Million SCB Loan and the Persistence of Structural Fiscal Weakness
Pakistan’s decision to secure a $600 million short‑term loan from Standard Chartered Bank (SCB) has once again drawn attention to the country’s increasingly fragile external financing position. The loan priced at SOFR plus 2.6%, amounting…
Global oil prices edge higher as war shows no sign of easing
Global oil prices continued to climb in early trade in Asia on Tuesday.
The price of US-traded oil jumped by 3% to nearly $106 (£80.52) a barrel.
US oil prices closed Monday’s trading session above $100 a barrel for the first time since…
Cost of excess: Pakistan’s power sector pays billions for electricity it doesn’t use
There was a time when darkness defined Pakistan’s economic rhythm. Prolonged outages disrupted industry, paralysed households and became a symbol of structural dysfunction.
Over the past decade, that crisis triggered an aggressive…
Oil jumps 4% as strikes continue
The price of Brent crude shot up by 4% to $112 (£84.34) a barrel in early trade in Asia.
US-traded oil also rose by 3% to $99.27.
The jump comes after Iran’s South Pars gas facility - one of the world’s largest natural gas fields -…
Pakistan’s cricket U-Turn on boycott highlights financial pressures
Pakistan faced a foot-in-mouth moment after it had to swallow its boycott threats and agree to play arch-rival India in the ICC World Cup. While the decision was framed as protecting the spirit of cricket, it was the harsh financial…
Growing calls in India to restrict children’s social media use
A debate around banning social media for children under 16 is gathering momentum in India, with ministers in several states saying they are studying a law that recently came into effect in Australia.
Ministers in at least two southern…