China’s Shandong Port Group has issued a directive barring US-sanctioned oil vessels from accessing its network of ports, according to three traders familiar with the […]
Category: Business
Pakistan Stock Exchange Sees Wild Swing: 1,000-Point Rally Ends in 1,331-Point Loss
The Pakistan Stock Exchange (PSX) experienced a dramatic day of trading on the first business day of the week. Starting with an impressive rally of over 1,000 points, the PSX 100 Index soared
Gold Prices Drop Significantly in Pakistan: A Detailed Update
Gold prices in Pakistan witnessed a notable decline as rates dropped significantly, offering a momentary respite to buyers. According to the All Pakistan Gems and Jewelers Association
Stock Market Tumbles Over 800 Points as Dollar Depreciates
The stock market experienced a rollercoaster ride on the last trading day of the business week, with the 100 Index seeing significant fluctuations. Starting on a positive note,
Dollar Gains Against Rupee: Latest Updates on Exchange Rates
The US dollar has shown a slight but noticeable increase against the Pakistani rupee in domestic exchange markets, highlighting ongoing currency fluctuations. This shift underscores
Inflation Trends in Pakistan: Key Stats and Price Fluctuations from July to December 2024
Inflation has been a pressing concern in Pakistan, with the latest data from the Bureau of Statistics shedding light on key trends from July to December 2024. The inflation rate during
FBR Surpasses IMF Tax-to-GDP Ratio Target Despite Revenue Shortfall
The Federal Board of Revenue (FBR) has achieved a significant milestone by surpassing the tax-to-GDP ratio target set by the International Monetary Fund (IMF) for the fiscal year 2024-25
Global markets struggle at 2025 start amid policy uncertainty and weak Chinese data.
World markets grappled with uncertainty on Thursday, kicking off 2025 on a cautious note. Equities faced challenges as concerns over U.S. President-elect Donald Trump’s impending […]
Wall street ends 2024 on a mixed note as indexes reflect milestone year.
U.S. stock indexes closed mostly lower on Tuesday, wrapping up a record-breaking year for Wall Street with a subdued finish. The S&P 500, after an […]