Investment management firm Spruce Point announced a short position in real estate company Zillow (ZG.O) on Tuesday, citing challenges to its core business model due […]
Category: Business
U.S. dollar defies expectations, gains strength amid robust economic growth.
Despite expectations of a weakened U.S. dollar due to anticipated interest rate cuts that have not materialized, the dollar has proven resilient, rising 2.4% year-to-date. […]
Prime minister shehbaz sharif prioritizes economic challenges, directs talks with IMF.
Following Prime Minister Shehbaz Sharif’s second-term oath-taking, economic challenges took center stage. In a meeting with his team, he directed the initiation of talks with […]
Argentina’s poor bear the brunt of austerity drive as poverty surges.
Argentina’s poverty rate surpassed 57%, heightening the struggles of millions like Debora Blanco, a mother of eight living on the outskirts of Buenos Aires. Blanco, […]
Notable absence of Ishaq Dar raises questions in Shehbaz Sharif’s economic meeting.
In a significant turn of events, Ishaq Dar, a key associate of PML-N leader Nawaz Sharif, was notably absent during a crucial economic meeting chaired […]
Encouraging trends in Pakistan’s trade balance revealed by institute of statistics.
The most recent report from the Institute of Statistics unveils promising developments in Pakistan’s trade balance, showcasing a significant decrease in the domestic trade deficit […]
Global carbon dioxide emissions reach record high in 2023, says IEA.
The International Energy Agency (IEA) reported on Friday that global energy-related carbon dioxide (CO2) emissions reached an all-time high last year, largely driven by increased […]
India considers lowering food weighting in consumer price index to reduce inflation volatility.
A government official revealed on Monday that food’s contribution to India’s Consumer Price Index (CPI) might be reduced in the upcoming revision of the basket […]
Former adviser to shinzo abe opposes premature end to negative interest rates, warns of deflation risk.
Etsuro Honda, a former adviser to late Japanese Prime Minister Shinzo Abe, has expressed opposition to ending negative interest rates prematurely, warning that such action […]