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Your destination for news from mettisglobal.news. See how mettisglobal.news’s media bias impacts the breaking news stories of today.

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Top mettisglobal.news News

Car makers warn China's rare-earth curbs could halt production

Car makers warn China's rare-earth curbs could halt production

38% Right coverage: 58 sources

Global auto executives are sounding the alarm on an impending shortage of rare-earth magnets from China – used in everything from windshield-wiper motors to anti-lock braking sensors – that could force the closure of car factories within weeks. In a previously unreported May 9 letter to Trump administration officials, the head of the trade group representing General Motors, Toyota, Volkswagen, Hyundai and other major automakers raised urgent concerns.See the Story

ECB expected to cut rates again as Trump trade war rumbles on

European Central Bank · United States

ECB expected to cut rates again as Trump trade war rumbles on

44% Center coverage: 25 sources

Pakistan’s anti-polio drive suffers a blow after a northern enclave reports first case in 7 years

Polio · Peshawar

Pakistan’s anti-polio drive suffers a blow after a northern enclave reports first case in 7 years

47% Left coverage: 17 sources

Oil Steady After US Stockpile Build, Saudi Arabia Price Cuts

66% Center coverage: 6 sources

LONDON: Oil prices steadied on Thursday after falling more than one per cent the previous day because of a build in US gasoline and diesel inventories and cuts to Saudi Arabia's July prices for Asia.Oil and Gas Sector · United States See the Story

Minnesota Auto Dealers Brace for Potential Cost Increases

47% Center coverage: 17 sources

A new round of tariffs went into effect Wednesday morning that raised the tariff on imported steel and aluminum to 50%.Donald Trump · United States See the Story

PKR strengthens 5 paisa against USD

June 05, 2025 (MLN): The Pakistani rupee (PKR) strengthened by 4.97 paisa or 0.02% against the US dollar in Thursday’s interbank session to settle the trade at PKR 282.17 per USD, compared to previous closing of 282.22. Throughout the day, the currency saw an intraday high (bid) of 282.40 and a low (ask) of 282.15. In the open market, exchange companies quoted the dollar at 282.50 for buying and 284.40 for selling. In comparison to major curren…Trade · Karachi Read Article

OMO Result: SBP injects around Rs855bn

June 05, 2025 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs855 billion into the market of which Rs655bn were injected through reverse repo OMO. Summary of OMO Result (Conventional) Amount (Rs in Million) Rate (%) Quotes Tenor Type Offered Accepted High – Low Accepted Offered Accepted 8D Rever…Pakistan · Pakistan Read Article

SHFA to approve nearly 106m share acquisition in SMCI at EOGM

June 05, 2025 (MLN): Shifa International Hospitals Ltd (SHFA) held an Extraordinary General Meeting (EOGM) to consider and approve the acquisition of approximately 105.8 million shares of Shifa Medical Center Islamabad (SMCI) from all remaining shareholders. The management shared that this project was initially launched in 2019. However, progress was disrupted by the COVID-19 pandemic, severe macroeconomic headwinds, and steep currency devaluati…Islamabad · Islamabad Read Article

SECP grants TRG Pakistan shareholders option to retrieve tendered shares amid legal hurdles

June 05, 2025 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has directed AKD Securities Limited to accommodate shareholder requests for the return of tendered shares in the ongoing acquisition of TRG Pakistan Limited, following legal challenges that have stalled the transaction. The aforesaid information was disseminated through a notification to exchange today. In view of the above SECP permission, AKDSL will be honoring requ…Karachi · Karachi Read Article

Pakistan’s Lithium Battery Imports Soar, Projected to Hit 8.75 GWh by 2030: Report

Pakistan could avoid new power projects with smart battery, solar adoption, says Institute for Energy Economics and Financial AnalysisSolar Power · Pakistan See the Story

Provinces Demand NFC, Agri Tax Review

50% Right coverage: 4 sources

The National Economic Council on Wednesday approved an enlarged national development outlay of Rs3.9 trillion, as some of the provinces have demanded reviewing the National Finance Commission and reopening the agriculture income tax issue with the International Monetary Fund. The NEC-approved the federal Public Sector Development Programme 2025-26 shows the government's political priorities to appease allies and spend more on roads. It approved …IMF · Pakistan See the Story

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