Bitcoin drops to new two-month low as world markets sell off
Top cryptocurrency bitcoin hit a fresh two-month low on Friday, breaking out of its recent tight range as a wave of risk...
US on track for June 1 default without debt ceiling hike, Treasury says
The U.S. Treasury Department reiterated Monday it expects to be able to pay the U.S. government's bills only through June 1 without...
Malaysia to secure $51bn approved investments this year
KUALA LUMPUR: Malaysia is expected to secure about 200 billion ringgit approx. $51.21 billion approved investments this year, said the Malaysian Investment...
China’s exports tumble in May as global demand falters
China's exports shrank much faster than expected in May and imports fell, albeit at a slower pace, as manufacturers struggled to find...
Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar
For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting harder.
Before 2019, there were few major impediments to having...
Investors dumping China load up on other emerging markets
Global investors are increasingly choosing to bypass China's markets in favour of other emerging countries that are either gaining from the geopolitical...
Oil rises on Saudi plan to deepen output cuts from July
Oil prices rose by more than $1 a barrel on Monday after top crude exporter Saudi Arabia pledged to cut production by...
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...
Oil prices slide on uncertainty over global economic outlook, rate hikes
Oil prices slipped on Monday as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support...
Market Daily: KSE 100 settles at 43539.60 points, up 176.39
LAHORE: In a narrowly traded session, bulls came out as winners. The Pakistan Stock Exchange (PSX) saw no excitement from investors at...
CPEC to ensure prosperity in Pakistan: Governor
LAHORE: Punjab Governor Malik Muhammad Rafique Rajwana said on Monday that China-Pakistan Economic Corridor (CPEC) would prove to be a game changer...
Financial sector remains resilient despite tightening of macro-financial conditions: report
State Bank of Pakistan’s (SBP) annual publication Financial Stability Review (FSR) suggests that the level of overall risks to financial stability, as measured by Financial Vulnerability Index, has bottomed out in the calendar year 2017.
How much worse can China’s economic slowdown get?
China's economic activity data for July, including retail sales, industrial output and investment failed to match expectations, fuelling concern over a deeper, longer-lasting...
National search for remedies intensifies amidst worsening crisis
Writing for Dawn, author Jawaid Bokhari discusses the current economic and political situation in Pakistan, highlighting the divergent views about the country's...
Fed raises rates, opens door to pause in tightening cycle
The Federal Reserve moved its management of the post-pandemic economic recovery into a new phase on Wednesday with what may be the...