Business
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Fate of IMF talks hinges on PM’s ‘big nod’
Economic czars want political leadership to take unpopular decisions
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US, Korea sign pact on supply chains
The US statement said the two countries recognised that closer cooperation on “semiconductors
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Russia stops gas flows to Finland
Gazprom had warned that flows would be halted from 0400 GMT on Saturday morning
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Auto parts makers demand halt to imports
Say country can save billions of dollars by controlling under-invoicing, smuggling
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Planning Commission deputy chief quits
PM accepts resignation; planning minister will now get more powers
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Electricity production rises 24% in April
LNG-based plants make highest contribution to power generation
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IT export growth needs policy continuity, incentives
Experts say steps taken by previous govt will generate long-term benefits
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Analysts see 100bps rate hike
Move will counter high inflation, surge in energy prices after subsidy withdrawal
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PSX struggles amid gloomy outlook
Falls owing to political and economic uncertainty, concerns about IMF loan
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Iraq to establish new oil company in Kurdistan
Firm will enter into new service contracts with existing oil companies