As Pakistan grapples with soaring energy prices, the International Monetary Fund (IMF) emphasizes that recent hikes in electricity and gas tariffs were crucial to bolster […]
Category: Business
Copper edges higher on dollar retreat, yet set for weekly loss amid weak chinese data.
On Friday, copper experienced a modest rise as the dollar retreated; however, the metal is on track for a weekly decline influenced by sluggish Chinese […]
China grapples with aging population impact on economic goals and pension system challenges.
China faces a critical challenge to its economic objectives as its rapidly aging population, comprising over 60s, now stands at 296.97 million, constituting about 21.1% […]
Global water crisis: Pakistan and Morocco grapple with drought amidst climate change impact.
As Pakistan experiences a dire lack of rains during the winter season, it serves as a stark reminder of the global grip of climate change. […]
South Korea introduces financial support measures to alleviate impact of high interest rates.
As high-interest rates continue to contribute to economic slowdown and job market challenges globally, South Korea has taken proactive measures to support stock investors and […]
Pakistan witnesses remarkable 77% drop in current account deficit for FY 2023-24.
Pakistan is experiencing a substantial reduction in its current account deficit (CAD) for the financial year 2023-24, with the central bank reporting the amount at […]
Economic uncertainty spurs red zone trading on Pakistan stock exchange.
Amid economic uncertainty linked to elections and a strengthening US dollar globally, the Pakistan Stock Exchange (PSX) experienced negative trading trends on Tuesday. The local […]
Fluctuations in Currency Exchange and Stock Market Trends on the Second Business Day of the Week
Shifting the focus to the stock market, Pakistan’s stock exchange experienced a decline, indicating a bearish trend. The stock exchange recorded a decrease of 537 points, with the KSE-100 index trading at 63,731 points. This reflects a 100-index decline, signifying a downturn in market sentiments.
Surging inflation in argentina forces changes in social habits and spending patterns.
Rising inflation in Argentina, likely exceeding 200% last year, has led to significant changes in the social and spending habits of its residents. Traditional gatherings, […]