Positive investor sentiment led to a surge of over 300 points at the Pakistan Stock Exchange (PSX) on Wednesday as the bulls took charge, according […]
Business
China urges hedge funds to limit short selling amid stock market volatility.
China’s securities regulators have reportedly reached out to hedge fund managers, encouraging them to restrict short selling in the stock index futures market as authorities […]
IMF stresses the need for broader reforms in Pakistan amidst rising energy prices.
As Pakistan grapples with soaring energy prices, the International Monetary Fund (IMF) emphasizes that recent hikes in electricity and gas tariffs were crucial to bolster […]
Copper edges higher on dollar retreat, yet set for weekly loss amid weak chinese data.
On Friday, copper experienced a modest rise as the dollar retreated; however, the metal is on track for a weekly decline influenced by sluggish Chinese […]
China grapples with aging population impact on economic goals and pension system challenges.
China faces a critical challenge to its economic objectives as its rapidly aging population, comprising over 60s, now stands at 296.97 million, constituting about 21.1% […]
Global water crisis: Pakistan and Morocco grapple with drought amidst climate change impact.
As Pakistan experiences a dire lack of rains during the winter season, it serves as a stark reminder of the global grip of climate change. […]
South Korea introduces financial support measures to alleviate impact of high interest rates.
As high-interest rates continue to contribute to economic slowdown and job market challenges globally, South Korea has taken proactive measures to support stock investors and […]
Pakistan witnesses remarkable 77% drop in current account deficit for FY 2023-24.
Pakistan is experiencing a substantial reduction in its current account deficit (CAD) for the financial year 2023-24, with the central bank reporting the amount at […]
Economic uncertainty spurs red zone trading on Pakistan stock exchange.
Amid economic uncertainty linked to elections and a strengthening US dollar globally, the Pakistan Stock Exchange (PSX) experienced negative trading trends on Tuesday. The local […]