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Category: Business

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Bullish trend persists as Pakistan stock exchange hits 66,000 mark.
  • Business

Bullish trend persists as Pakistan stock exchange hits 66,000 mark.

  • Ibtehaj Tahir
  • December 8, 2023
  • 0

In a continued surge, the Pakistan Stock Exchange (PSX) maintained its bullish trend on Friday, crossing the significant 66,000 mark after gaining 1,340 points. The […]

Islamabad high court to hear Nawaz Sharif’s Al-Azizia appeal on merit.
  • Business

Islamabad high court to hear Nawaz Sharif’s Al-Azizia appeal on merit.

  • Ibtehaj Tahir
  • December 7, 2023
  • 0

The Islamabad High Court (IHC) has decided to conduct a substantive hearing on PML-N supremo Nawaz Sharif’s appeal against his conviction in the Al-Azizia reference, […]

Interim commerce minister Gohar Ejaz engages industrialists for export enhancement strategy.
  • Business

Interim commerce minister Gohar Ejaz engages industrialists for export enhancement strategy.

  • Ibtehaj Tahir
  • December 7, 2023
  • 0

Interim Federal Minister for Commerce, Gohar Ejaz, announced on Thursday the collaborative involvement of industrialists in formulating a comprehensive strategy aimed at boosting exports. Emphasizing […]

Tokyo Core inflation slows in November, reflecting gradual easing of cost pressures.
  • Business

Tokyo Core inflation slows in November, reflecting gradual easing of cost pressures.

  • Ibtehaj Tahir
  • December 5, 2023
  • 0

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 […]

Contradictions arise as Pakistan maintains high interest rates despite consumer woes.
  • Business

Contradictions arise as Pakistan maintains high interest rates despite consumer woes.

  • Ibtehaj Tahir
  • December 4, 2023
  • 0

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.
  • Business

Oil prices slide over 2% amid doubts on OPEC+ cuts and global economic slowdown.

  • Ibtehaj Tahir
  • December 2, 2023
  • 0

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.
  • Business

Caretaker government maintains petrol price, reduces diesel and kerosene rates.

  • Ibtehaj Tahir
  • December 1, 2023
  • 0

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.
  • Business

Saudi Arabia’s PIF acquires 10% stake in heathrow airport holdings.

  • Ibtehaj Tahir
  • November 29, 2023
  • 0

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.
  • Business

China opposes protectionism, seeks stronger global supply chain ties, says Premier Li Qiang.

  • Ibtehaj Tahir
  • November 28, 2023
  • 0

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 […]

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