The US offshore wind pause announced by the federal government has sent shockwaves through the renewable energy sector, financial markets, and coastal states along the Atlantic.
Category: Business
Saudi Riyal edges higher against Pakistani Rupee
The Saudi Riyal (SAR) strengthened marginally against the Pakistani Rupee in Tuesday’s open-market trading, rising to Rs 74.74, up two paisas from Rs 74.72 recorded […]
World Bank Approves $700 Million Pakistan Financing for Inclusive Development
The World Bank Pakistan financing initiative has taken a major step forward with the approval of USD 700 million to support economic stability and improve public service delivery across the country.
Oil Prices Rise Amid Venezuela Tensions and Ukraine Peace Uncertainty
Oil prices rise slightly as global markets react to mounting geopolitical uncertainty involving Venezuela and cautious optimism around a possible Russia-Ukraine peace deal. Investors are weighing supply disruption
Zimbabwe reverses plan to double gold royalty rate after industry pushback
Zimbabwe has scrapped plans to double its gold royalty rate to 10%, according to a revised 2026 budget bill approved by parliament on Wednesday, following […]
Pakistan Current Account Surplus Signals Economic Stability
Pakistan’s current account surplus returned in November as the State Bank of Pakistan (SBP) reported a positive balance of USD 100 million, marking a clear turnaround from the USD 291 million deficit recorded in October
PSX Bullish Momentum Lifts KSE-100 by Over 1,100 Points
Strong PSX bullish momentum was witnessed on Thursday as the Pakistan Stock Exchange opened on a positive note, with the benchmark KSE-100 Index surging more than 1,100 points in early trading
Hong Kong’s largest licensed crypto exchange debuts as city pushes digital asset hub ambitions
Hong Kong’s biggest licensed cryptocurrency exchange began trading on Wednesday, underscoring the city’s efforts to position itself as a global hub for digital assets, despite […]
KSE-100 Index Surge as PSX Rallies After SBP Rate Cut
The KSE-100 Index surge at the Pakistan Stock Exchange (PSX) on Tuesday signaled renewed investor confidence, as the benchmark index jumped sharply in early trading following a surprise policy