The Pakistan Stock Exchange (PSX) opened Thursday with remarkable momentum, delivering a much-needed bounce after a sharp decline driven by heightened geopolitical tensions with India.
Category: Business
Pakistan Goes All-In on Crypto: Can It Become the Next Global Blockchain Hub?
Over the past decade, nations have taken drastically different paths in navigating the world of cryptocurrency. Some have embraced it, others resisted, and many remain undecided. Pakistan, however, now finds itself at a crucial
Gold Prices Skyrocket in Pakistan: Tola Soars by Rs. 6,100 as Global Rates Hit Record Highs
Gold prices in Pakistan surged dramatically on Tuesday, marking one of the biggest single-day increases in recent months. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola rose by an astonishing Rs. 6,100, pushing the new rate
PSX Soars Over 2,600 Points as Investor Confidence Rises Amid De-escalation Hopes and Global Market Boost
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
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 […]