The Pakistan Stock Exchange (PSX) witnessed a powerful bullish rally on Friday, as renewed investor optimism led to a massive surge of nearly 2,700 points in the KSE-100 Index during the second half of the trading session. This significant upward movement marked one of the strongest
Category: Business
Oil prices rise as hopes grow for eased U.S.-China trade tensions and tighter supply.
Oil prices edged higher in early Asian trading on Friday, buoyed by optimism over improving U.S.-China relations and potential supply constraints. Brent crude futures climbed […]
Amazon misses cloud growth targets, offers mixed outlook amid tariff concerns.
Amazon.com (AMZN.O) reported first-quarter results that fell short of investor expectations in key areas, including cloud revenue growth and operating income projections, leading to a […]
Pakistan Secures $2.3 Billion Lifeline Amid Economic Crunch: IMF Tranche and ADB-Backed Loan Confirmed
Pakistan is making urgent efforts to stabilize its faltering economy by securing two major financial inflows totaling $2.3 billion, as foreign exchange reserves continue to shrink. The financial support includes a $1.3 billion tranche from the International
Trump softens auto tariffs amid growing backlash, trade deal hopes.
On the eve of his 100th day back in office, U.S. President Donald Trump signed two executive orders designed to ease the pressure of his […]
China factory activity plunges amid U.S. tariffs, raising pressure for stimulus.
China’s factory sector contracted at its fastest pace in 16 months this April, as fresh U.S. tariffs under Donald Trump’s “Liberation Day” trade package ended […]
Finance minister Mohammad Aurangzeb highlights Pakistan’s economic transformation at harvard conference.
Federal Minister for Finance and Revenue, Senator Mohammad Aurangzeb, speaking at the Pakistan Conference 2025 at Harvard University, said that Pakistan has reached a pivotal […]
Pakistan Stock Market Sees Bullish Surge on Friday, Hundred Index Gains 449 Points
The Pakistan Stock Exchange (PSX) wrapped up the final day of the business week on a strong note, giving investors a positive outlook after a turbulent previous session. On Friday, the PSX started trading with a significant bullish trend,
Oil prices edge higher but set for weekly loss amid supply and demand uncertainty.
Oil prices rose slightly on Friday but were still on track for a weekly loss, as potential increases in supply from OPEC+ and a possible […]