Business
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Pakistan
Gold prices in Pakistan have risen significantly
Gold prices in Pakistan have risen significantly, following the global trend, as reported by the All Sindh Sarafa Jewellers Association.…
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Pakistan
Pakistan encourages Chinese firms to invest in 13 key sectors
Pakistan encourages Chinese firms to invest in 13 key sectors: Pakistan has identified 13 priority sectors aimed at boosting export-oriented…
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Business
Oil Prices Decline Amid Reduced Expectations of US Interest Rate Cut and OPEC+ Decision
US jobs data indicates a dampening of hopes for a near-term rate cut by the Federal Reserve ECB rate cut…
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Stock & Crypto
DMM Bitcoin, a Japanese cryptocurrency exchange, falls victim to a $305 million hacking incident.
DMM Bitcoin, a Japanese cryptocurrency exchange, announced that it lost around $305 million worth of bitcoin due to a hack.…
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Business
Stocks set to achieve another week of gains due to IMF progress
KARACHI: Stocks are expected to keep rising in the coming week, driven by optimism about a successful IMF program and…
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Business
Gold prices in Pakistan drop for the fourth day in a row.
On Friday, gold prices in Pakistan dropped for the fourth day straight. The cost of 24-karat gold decreased by Rs1,800…
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Business
SBP’s foreign exchange reserves increase to $9.157 billion despite overall decrease
Karachi, the SBP’s foreign exchange reserves increased to $9.157 billion by May 17, rising by $22 million. Despite a drop…
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Business
Minutes from US Federal Reserve Rate Meeting Highlight Rising Concerns About Inflation
A strong US economy and an uptick in inflation led the Federal Reserve’s rate-setting committee to conclude that progress against…
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Stock & Crypto
Chinese Yuan Falls to 7.1098 Against USD on Thursday
On Thursday, May 23, the central parity rate of the Chinese currency, the renminbi (yuan), decreased by 21 pips to…
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