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 […]
Category: Business
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 […]
Fluctuations in Currency Exchange and Stock Market Trends on the Second Business Day of the Week
Shifting the focus to the stock market, Pakistan’s stock exchange experienced a decline, indicating a bearish trend. The stock exchange recorded a decrease of 537 points, with the KSE-100 index trading at 63,731 points. This reflects a 100-index decline, signifying a downturn in market sentiments.
Surging inflation in argentina forces changes in social habits and spending patterns.
Rising inflation in Argentina, likely exceeding 200% last year, has led to significant changes in the social and spending habits of its residents. Traditional gatherings, […]
Foreign investments surge in japanese markets amidst corporate governance reforms and currency dynamics.
Foreign investors displayed robust confidence in Japanese stocks throughout 2023, propelled by optimism surrounding corporate governance reforms and a weaker yen against the dollar. The […]
Surge in developing countries’ government bond issuance fuels market access optimism in 2024.
A $30 billion influx of government bond issuance by developing countries since the beginning of the year has ignited hopes that economically strained emerging market […]
US consumer prices surge in december, potentially delaying anticipated fed rate cut in march.
The Labor Department’s Bureau of Labor Statistics reported a 0.3% rise in the CPI last month, following a 0.1% increase in November. The surge, fueled […]
Asian currencies face bearish sentiment amidst delayed US rate cut expectations.
Bearish sentiments on most Asian currencies have intensified due to diminishing optimism about imminent US rate cuts, according to a Reuters poll released on Thursday. […]
BAE Systems secures $50 million deal to resume production of M777 howitzer structures.
BAE Systems, a leading British defense company, has announced a significant development in its collaboration with the US Army. The company has inked an initial […]