November data reveals a slowdown in core inflation in Tokyo, aligning with the Bank of Japan’s outlook that cost-push pressures in the third-largest global economy […]
Category: Business
Contradictions arise as Pakistan maintains high interest rates despite consumer woes.
Despite the Ministry of Finance claiming the maintenance of a 22% interest rate due to positive economic signals and improved inflation outlook, the consumer price […]
Oil prices slide over 2% amid doubts on OPEC+ cuts and global economic slowdown.
Oil prices witnessed a decline of more than 2% on Friday, driven by investor skepticism regarding the effectiveness of OPEC+ supply cuts and concerns about […]
Caretaker government maintains petrol price, reduces diesel and kerosene rates.
The caretaker federal government in Pakistan has announced that the petrol price will remain unchanged at Rs281.34 per litre for the next two weeks. However, […]
Saudi Arabia’s PIF acquires 10% stake in heathrow airport holdings.
In a strategic move, Saudi Arabia’s Public Investment Fund (PIF) has finalized a share purchase agreement to acquire a 10% stake in FGP Topco Limited, […]
China opposes protectionism, seeks stronger global supply chain ties, says Premier Li Qiang.
China’s Premier Li Qiang expressed opposition to protectionism and emphasized a commitment to strengthening supply chain partnerships with all countries at the first China International […]
ECB president christine lagarde reveals son’s losses in crypto investments.
European Central Bank (ECB) President Christine Lagarde disclosed that her son lost “almost all” of his investments in cryptocurrencies, highlighting the risks associated with such […]
Pakistan rupee gains ground against US dollar amid positive economic indicators.
In Karachi, the Pakistan rupee showed resilience against the US dollar, marking a net gain of Rs1.13 or approximately 0.40% during the week in the […]
France and U.S. plan to seek halt to private financing for coal plants at UN climate conference.
France, with the backing of the United States, is planning to propose a halt to private financing for coal-based power plants during the upcoming UN […]