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SBP Cuts Interest Rate to 11%, Surpassing Market Forecasts
KARACHI: The State Bank of Pakistan (SBP) announced on Monday that it had cut its key interest rate by 100 basis points, lowering it to 11%. This move comes as…
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Tesla Chairman Denies Report of CEO Search to Replace Musk
Amid rising concerns from investors over Elon Musk's frequent absences, controversial political stances, and the company’s declining sales and profits, Tesla's board has reaffirmed its support for the CEO.…
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Bulls Drive Strong Recovery on PSX as Stock Market Rebounds
The stock market made a strong recovery on Friday, with investor sentiment turning positive once again. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index saw a significant rise, reaching…
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KSE-100 Index Plunges Over 2,000 Points Amid Investor Uncertainty
PSX Suffers Major Decline as Investor Caution Grows The Pakistan Stock Exchange (PSX) faced renewed selling pressure on Wednesday, with the benchmark KSE-100 Index tumbling sharply in early trading.…
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Trump Eases Auto Tariffs as U.S. Finalizes Initial Foreign Trade Agreement
Trump Eases Auto Tariffs Amid New Foreign Trade Agreement On Tuesday, President Donald Trump signed two executive orders to reduce the immediate impact of high auto tariffs, offering short-term…
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PSX Surges 800 Points Following IMF Announcement
PSX Surges Over 800 Points Following IMF Announcement The Pakistan Stock Exchange (PSX) saw a strong rebound on Tuesday, with the benchmark KSE-100 index rising by 808.28 points, or…
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Pakistan’s Salt Exports to China Rise by 40% in Q1 2025
Pakistan's salt exports to China saw a significant 40% growth in the first quarter of 2025 compared to the same period last year, according to data from China's General Administration…
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Global Market Jitters Grow as US Tightens Tech Rules on China
Global Markets Plunge as US-China Trade Rift Widens; Gold Hits Record High Global stock markets experienced a sharp downturn on Wednesday as intensifying trade tensions between the United States…
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PSX Surge Driven by Record Remittances and Optimism Over Reserves
Stocks Continue Upward Momentum Amid Surge in Remittances, Reserve Optimism The Pakistan Stock Exchange (PSX) witnessed another strong trading session on Tuesday, with the benchmark KSE-100 Index extending its…
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Binance Seeks Softer Oversight, Explores Trump-Linked Crypto Listing: WSJ
Binance Urges US Treasury for Softer Oversight, Eyes Trump-Linked Crypto Executives from Binance met with U.S. Treasury officials in March to request easing regulatory scrutiny and to discuss a…