The US dollar started the week on a weak note, continuing its decline from last week as concerns over a slowing US labour market and […]
Category: Business
The lasting economic impact of COVID-19: five years on.
Five years after the World Health Organization (WHO) declared COVID-19 a pandemic, the global economy is still grappling with its effects. While the initial shock […]
Signs of stability emerge in China property sector amid economic challenges.
China’s property sector is showing signs of improvement, with market confidence gradually recovering, Housing Minister Ni Hong said on Sunday. His comments come as policymakers […]
Wall street ends volatile week on a positive note.
Wall Street closed higher on Friday after another turbulent session, capping off a week of sharp swings driven by economic concerns and uncertainty over U.S. […]
China faces deflationary pressures as CPI falls sharply in February.
China’s consumer price index (CPI) recorded its steepest decline in 13 months, dropping 0.7% year-on-year in February, falling short of expectations. The decline was attributed […]
China imposes retaliatory tariffs on Canadian agricultural and food products.
China has announced new tariffs on Canadian agricultural and food products, escalating tensions following Ottawa’s tariffs on Chinese electric vehicles, steel, and aluminum. The move, […]
Pakistan weekly inflation drops by 0.09% amid mixed price trends.
The Sensitive Price Indicator (SPI) for the week ending March 6 recorded a 0.09% decrease, according to data released by the Pakistan Bureau of Statistics […]
Pakistan rejects IMF proposal for carbon levy on fuel, coal, and vehicles.
Pakistan has opposed an International Monetary Fund (IMF) proposal to impose a carbon levy on petroleum products, coal, and vehicles, citing concerns over fund utilization […]
PSX Soars as 100 Index Gains 685 Points – Market Capitalization Hits Rs. 14,125 Billion
The Pakistan Stock Exchange (PSX) had a strong trading session today, with the benchmark KSE-100 index closing at 114,398 points after a significant gain of 685 points. This positive momentum reflects growing