Explainer: How could a US debt ceiling default hit regular Americans?
What could happen on Main Street if Washington's political showdown over the debt ceiling stopped the government from cutting checks that fund a quarter...
Global rating downgrades deter foreign Investors from investing in Pakistani market
Writing for Express Tribune, author Faraz Ahmed explains that Pakistan's stock market has been facing a range of challenges for several years, including political...
Analysts blame political uncertainty, investigation against bank heads for market crash
The KSE-100 index was down by 995.66 points on Monday, July 9 as uncertainty prevailed in the market as heads of three banks face investigation in the Supreme Court (SC) coupled with the general political unrest post-SC’s Friday's verdict sentencing the former prime minister Nawaz Sharif.
Local production of Fertilizer crucial for PM’s vision of ‘Making Pakistan the Food Basket for the World’
The year 2019 ended on a high note with the Government celebrating a saving of approximately $250 million in foreign exchange that was a...
APTMA sends budget proposals to finance minister
KARACHI: In its budget proposals, the All Pakistan Textile Mills Association (APTMA) has said that the availability of electricity at regionally competitive prices is of the utmost...
China’s small steps on offshore use of yuan are starting to add up
China's yuan currency is slowly but surely being adopted for more international payments, which analysts say could lay foundations for a trade system running...
ADB forecasts Pakistan’s growth to rise to 2% in FY24
Report says country will continue experiencing strong inflationary pressures for the rest of FY23
Wall Street prepares for Treasuries mess as default looms
Anxiety is increasing in parts of Wall Street that rely on Treasury securities to function, with some traders starting to avoid U.S. government debt...
Nawaz will spend Rs700 billion from the Punjab budget to be able to blame inflation on Shehbaz
The Punjab Government has decided it will cut the power tariff by Rs14 for consumers using up to 500 units but cutting the province’s development budget. It will do nothing for inflation except exacerbate it later, and it has other provincial governments fuming
Tesla’s Musk eyes significant India investments after meeting Modi
Tesla (TSLA.O) chief executive Elon Musk said India's Prime Minister Narendra Modi was pushing the car maker to make a "significant investment" in the country,...
From direct to indirect: SBP’s rewiring of Pakistan’s financial architecture
A deep dive into how Pakistan's central bank responded to lending restrictions by creating an elaborate system of regulatory accommodations and creative compliance. The result? A financial sector more intertwined with government debt than ever before
Pakistan faces dilemma as major allies join hands in emerging crude bloc
Writing for Dawn, author Syed Rashid Husain points out that the announcement of a deal between Iran and Saudi Arabia brokered by China on...
Rising costs pushes Amazon, other retailers to revisit ‘free’ shipping
LOS ANGELES: There is no such thing as free shipping.
Even so, Amazon and other online retailers who use so-called free delivery to cultivate customer loyalty are...
Pakistani authorities seek “Plan B” amid uncertainty over IMF program
ISLAMABAD: On Wednesday, the United States inquired with Pakistan about its backup plan in case the International Monetary Fund (IMF) program concludes next week...
In surprise move, Shazad Dada is replaced as President and CEO of UBL
Muhammad Jawaid Iqbal appointed as President & CEO of UBL for 3 year tenure
