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
Category: Business
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 […]
Fitch sees brighter outlook for Pakistani Banks amid economic stabilisation.
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.
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.
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
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