Category: Highlights

Oil Prices Rise on US Tariff Relief Hints, Stronger China Crude Imports

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Oil prices

BEIJING: Oil prices edged higher on Tuesday, buoyed by signals of possible US tariff exemptions and a rebound in China’s crude oil imports, which offset broader market uncertainty. Brent crude futures rose by 12 cents, or 0.2%, reaching $65 per barrel by 0350 GMT. US West Texas Intermediate (WTI) crude also climbed 13 cents, or 0.2%, to $61.66 per barrel. Investor sentiment improved after US President Donald Trump suggested possible relief on auto tariffs and granted exemptions on certain electronic goods, including smartphones and computers, largely imported from China. “These…

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BC Reshapes the Future:LONGi Launches Upgraded Hi-MO 9 Module with Industry-Leading 24.8% Efficiency

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New-Longi1

April 14, 2025 — LONGi Green Energy Technology, a global leader in solar innovation, unveiled the upgraded Hi-MO 9 module powered by its HPBC 2.0 technology in Anhui, China. Since its debut last year, the Hi-MO 9 module has earned global acclaim for its excellent power generation performance. The latest iteration achieves a groundbreaking 24.8% conversion efficiency and a maximum power output of 670W, outperforming mainstream TOPCon modules by 40W in mass production. This advancement positions Hi-MO 9 as a transformative force for enhancing photovoltaic power plant value worldwide. Full-Scenario…

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Dispute Persists Between Power Division and KE Over Jamshoro Plant’s Conversion to Thar Coal

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Thar-coal

ISLAMABAD: The ongoing disagreement between the Power Division and K-Electric (KE) regarding the conversion of the Jamshoro Power Plant from imported to indigenous Thar coal remains unresolved, with both parties clashing over the interpretation of committee meeting minutes, sources told Business Recorder. The contention revolves around the Bankable Feasibility Study (BFS) for the conversion. KE claims that the minutes circulated from the fifth committee meeting on March 25, 2025, do not accurately capture its concerns or the procedural clarity it had provided. KE emphasized the importance of initiating the technical…

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Trump’s Proposed Tariffs Pose $1.4 Billion Threat to Pakistan’s Exports: PIDE

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New-Tariffs

ISLAMABAD: A state-owned think tank has warned that the United States’ proposed tariff hikes on Pakistani goods — initially announced by former President Donald Trump and now temporarily suspended — could severely damage Pakistan’s export sector, particularly textiles, risking up to $1.4 billion in annual losses. In a policy note titled “Impact of Unilateral Tariff Increase by United States on Pakistani Exports”, the Pakistan Institute of Development Economics (PIDE) cautioned that the US-imposed 29% reciprocal tariffs, when added to the existing 8.6% MFN tariff, would total nearly 38%, triggering a…

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Inverex Leads Pakistan’s Green Revolution with Electric Vehicles and Next-Gen Solar Innovations

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New-Project61

Inverex, a frontrunner in Pakistan’s solar energy sector, is making a groundbreaking leap into the electric vehicle (EV) market—becoming the first Pakistani solar company to do so. This strategic move reinforces Inverex’s mission to promote clean energy and reduce the country’s dependence on fossil fuels. The landmark announcement was made during an exclusive event in Kuala Lumpur, Malaysia, where Inverex unveiled its latest innovations to a packed audience of clean energy stakeholders, including Pakistani dealers, installers, contractors, and renewable energy advocates. The company showcased a wide range of cutting-edge products…

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