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 […]
Category: Business
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 […]
UK manufacturing activity slumps in December amid tax hikes and weak demand.
British factory activity contracted in December at its fastest pace in 11 months, with manufacturers cutting staffing levels in response to higher taxes and sluggish […]
Geely auto sets ambitious 2025 sales target; zeekr aims high for 2024.
China’s Geely Auto has announced an ambitious annual sales target of 2.71 million units by 2025, CEO Gan Jiaoyue revealed during an online investor conference. […]
Pakistan Stock Exchange Hits Record High on First Day of the New Year
The Pakistan Stock Exchange (PSX) kicked off the new year with a remarkable performance, as the 100 Index soared to a new all-time high. Although the day began on a negative note
Pakistan Stock Exchange Soars in 2024: 84% Growth Marks a Historic Year
The year 2024 marked an extraordinary chapter for the Pakistan Stock Exchange (PSX), with the 100 Index recording an unprecedented growth of 84%. The year witnessed
Smart Meter Delays Impact Electricity Sales and Consumer Access in Pakistan
The Prime Minister has directed the Power Division to expedite the installation of smart meters across Pakistan, yet the distribution companies (DISCOs) have struggled to meet this mandate.
Pakistan Stock Market Surges Past 112,000 Points: A Positive Start to the Week
The Pakistan Stock Market kicked off the new business week with a remarkable performance, signaling renewed investor confidence and economic optimism. The stock exchange witnessed a significant surge,
State Bank Raises Paid-Up Capital for Exchange Companies to Rs. 1 Billion: New Regulations Explained
In a significant move to enhance the stability and compliance of exchange companies, the State Bank of Pakistan (SBP) has raised the required paid-up capital for exchange companies to Rs. 1 billion.