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Category: Business

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China Considers Yuan-Backed Stablecoins to Boost Global Currency Adoption
  • Business

China Considers Yuan-Backed Stablecoins to Boost Global Currency Adoption

  • Usama Mudassar
  • August 20, 2025
  • 0

China is considering the introduction of yuan-backed stablecoins as part of a new strategy to strengthen its currency’s global role. If approved, this would mark a significant shift in Beijing’s stance toward digital assets

Gulf Stocks Fall Amid Global Market Weakness and Fed Outlook
  • Business

Gulf Stocks Fall Amid Global Market Weakness and Fed Outlook

  • Usama Mudassar
  • August 20, 2025
  • 0

Gulf stocks fell on Wednesday as regional investors tracked weaker global share markets while awaiting signals on the U.S. interest rate outlook from Federal Reserve Chair Jerome Powell. The Jackson Hole symposium

PSX extends bullish run, hits record high of 150,357 points.
  • Business

PSX extends bullish run, hits record high of 150,357 points.

  • Ibtehaj Tahir
  • August 20, 2025
  • 0

The Pakistan Stock Exchange (PSX) extended its historic rally on Wednesday, building on the momentum from the previous session and investor optimism fueled by global […]

Pakistan sets medium-term strategy to cut debt-to-GDP ratio to 61.5% by 2028.
  • Business

Pakistan sets medium-term strategy to cut debt-to-GDP ratio to 61.5% by 2028.

  • Ibtehaj Tahir
  • August 19, 2025
  • 0

The government has unveiled its Medium-Term Debt Management Strategy (MTDS) for 2026–28, setting a target to reduce the debt-to-GDP ratio to 61.5% by the fiscal […]

Fitch sees brighter outlook for Pakistani Banks amid economic stabilisation.
  • Business

Fitch sees brighter outlook for Pakistani Banks amid economic stabilisation.

  • Ibtehaj Tahir
  • August 18, 2025
  • 0

Pakistani banks are set to gain from improving operating conditions and rising business volumes as macroeconomic pressures ease, Fitch Ratings said in its latest assessment. […]

Pakistan’s foreign reserves inch Up; SBP issues Rs 75 commemorative coin.
  • Business

Pakistan’s foreign reserves inch Up; SBP issues Rs 75 commemorative coin.

  • Ibtehaj Tahir
  • August 16, 2025
  • 0

Pakistan’s total liquid foreign exchange reserves rose slightly by $1.1 million, reaching $19,496.7 million as of August 08, 2025, according to the State Bank of […]

PSX rallies as moody’s outlook upgrade boosts investor confidence.
  • Business

PSX rallies as moody’s outlook upgrade boosts investor confidence.

  • Ibtehaj Tahir
  • August 15, 2025
  • 0

The Pakistan Stock Exchange (PSX) opened higher on Thursday, with the benchmark KSE-100 index climbing 792.31 points, or 0.54%, to 147,321.61 in early trade. The […]

Sanam Marvi Criticism – The Singer Speaks Out
  • Business

Sanam Marvi Criticism – The Singer Speaks Out

  • Usama Mudassar
  • August 14, 2025
  • 0

Renowned Pakistani folk and Sufi singer Sanam Marvi has recently opened up about the criticism she faces for being a part of the entertainment industry while also performing religious pilgrimages such as Hajj and Umrah

Pakistan Stock Exchange Sees Strong Surge in Early Week Trading
  • Business

Pakistan Stock Exchange Sees Strong Surge in Early Week Trading

  • Usama Mudassar
  • August 13, 2025
  • 0

The Pakistan Stock Exchange began the third day of the business week on a high note, with the Hundred Index climbing by more than 500 points during early trading. This sharp rise pushed the index to 147,513 points

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