Bank of England raises borrowing costs to 15-year peak, signals rates to stay high
The Bank of England raised its key interest rate by a quarter of a percentage point to a 15-year peak of 5.25%...
KSE-100 index surges past 48,000 mark in almost two years
KARACHI: On Monday, the Pakistan Stock Exchange's key KSE-100 index surpassed the 48,000 level for the first time in nearly two years,...
PSX’s KSE-100 index surpasses 47,000 mark for first time since 2021
KARACHI: On Thursday, the Pakistan Stock Exchange's (PSX) benchmark KSE-100 index surpassed the 47,000 level for the first time since November 2021.Â
The...
Pakistan Stock Exchange’s KSE-100 Index surges over 500 points, near 46,000 mark
KARACHI: On Friday, the Pakistan Stock Exchange's (PSX) main index, the KSE-100, experienced significant gains of over 500 points, nearly reaching the...
Indus Motors set to be first automotive firm to export semi-processed parts to Egypt
IMC will join Toyota’s global supply chain with the Toyota Egypt deal
Biden warned China’s Xi on West’s investment after Putin meeting
U.S. President Joe Biden told Chinese President Xi Jinping following his meeting with Russia's Vladimir Putin to "be careful" because Beijing relies...
Currency dealers hold back on dollar sales
Currency dealers are buying dollars in the range of Rs 275-280 but are not willing to sellÂ
PSX surpasses 44,000 mark with strong rally
KARACHI: On Thursday, the benchmark index of the Pakistan Stock Exchange (PSX) surpassed the 44,000 mark, experiencing a significant increase of over...
Saudi Arabia says new oil cuts show teamwork with Russia is strong
Russia-Saudi oil cooperation is still going strong as part of the OPEC+ alliance, which will do "whatever necessary" to support the market,...
PKR surges by Rs15 against US dollar following IMF deal
ISLAMABAD: On Tuesday, the Pakistani rupee experienced a significant gain of Rs15 against the US dollar in the interbank market. This boost...
PSX roars: The mechanics behind Monday’s Bull-runÂ
Trading halted due to abnormal activity within 10 minutes of the opening of the markets on a day that marked the highest ever single day increase for the exchange. Â
PSX witnesses unprecedented rally, trading halted after minutes
KARACHI: The Pakistan Stock Exchange (PSX) temporarily stopped trading due to an unusual surge in the market following the staff-level agreement between...
China’s tumbling industrial profits deepens economic gloom
Annual profits at China's industrial firms extended a double-digit decline in the first five months as softening demand squeezed margins, reinforcing hopes...
Cash-strapped Sri Lanka to restructure domestic debt
Colombo: Sri Lankan authorities have declared a five-day closure of financial markets from Thursday ahead of a controversial move to restructure the...
China’s state banks seen selling dollars offshore to slow yuan drop – sources
China's major state-owned banks were seen selling dollars in the offshore spot foreign exchange market on Tuesday, four sources with knowledge of...