The Auditor General of Pakistan has revealed that the country has discovered a total of 1,234 million barrels of oil reserves to date, of which […]
Category: Business
UAE Stock Market Ends Mixed as Investors Eye Fed Chair Powell’s Speech
The UAE stock market closed mixed on Friday as investors shifted their focus toward a highly anticipated speech from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium. Powell’s annual remarks are closely monitored
Copper Prices Rise on Chinese Demand and Fed Hopes
Copper prices continued to climb for the third consecutive session on Friday, supported by strong demand from China, the world’s largest metals consumer, and investor expectations that the U.S. Federal
PSX extends bullish run, crosses 151,000-point mark.
The Pakistan Stock Exchange (PSX) continued its upward momentum on Thursday as investor confidence in the government’s economic policies drove fresh gains. During intraday trading, […]
Markets Pull Back on Jackson Hole Concerns and Fed Outlook
Wall Street falls once again, with major indexes pulling back midweek as traders assessed mixed retail earnings and braced for key signals from the Federal Reserve. The downturn highlights ongoing market
China Considers Yuan-Backed Stablecoins to Boost Global Currency Adoption
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
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.
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.
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 […]