Business News
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PSX plunges as profit-taking, year-end pressure weigh on sentiment
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[ad_1] A stock broker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP The stock market plunged sharply on Thursday, continuing its downward spiral as profit-taking and…
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Gold Prices Fall in Global and Local Markets on December 24, 2024 | The Express Tribune
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[ad_1] Listen to article Gold prices have seen a decline in both global and local markets, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). In the international bullion market, the price of gold per ounce dropped by $8,…
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Pakistan, China capital markets to deepen ties | The Express Tribune
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[ad_1] Listen to article KARACHI: A high-level delegation from Pakistan’s capital markets, led by Securities and Exchange Commission of Pakistan (SECP) Chairman Akif Saeed, visited China recently. During the one-week visit, the delegation engaged with key Chinese financial institutions, including the China…
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Stock market rebounds as investors seize opportunity
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[ad_1] A stock broker attends a call during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP The capital market market market saw a recovery on Friday, rebounding from the previous day’s…
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Federal Reserve lowers interest rates but signals fewer cuts by 2025
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[ad_1] Federal Reserve Board Chairman Jerome Powell speaks during a press conference following a meeting of the Federal Open Market Committee at the Federal Reserve on December 18, 2024 in Washington, DC. — Reuters The US Federal Reserve reduced interest…
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SBP governor says hike in inflation expected after 3-4 months
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[ad_1] SBP Governor Jameel Ahmad addresses a press conference in this undated picture. — AFP/File State Bank of Pakistan Governor Jameel Ahmed said on Monday that the inflation would stay low for the next three to four months due to…
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CM Maryam invites Chinese tech companies to invest in Punjab
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[ad_1] Chief Minister Punjab Maryam Nawaz Sharif pictured while addressing the conference in Guangzhou. — Screengrab LAHORE: Punjab Chief Minister Maryam Nawaz Sharif, on the 6th day of her 8-day long visit to China, invited Chinese technology companies to invest in…
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Chinese delegation shows interest in establishing medical city in Pakistan
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[ad_1] President Asif Ali Zardari (centre) in a group photo with Chinese business delegations, who called on him, at Bilawal House Karachi, on December 12, 2024. — PID A Chinese business delegation called on President Asif Ali Zardar in Karachi…
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Federal cabinet okays eight IPPs settlement agreements
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[ad_1] Prime Minister Shehbaz Sharif chairs a federal cabinet meeting in Islamabad in this undated picture. — APP/File ISLAMABAD: Months after five independent power producers (IPPs) “voluntarily” agreed to cancel their power purchase agreements (PPAs) with the government, the federal…
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China export restrictions to affect US defence, clean energy
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[ad_1] The flag of China is placed next to the elements of Gallium and Germanium on a periodic table, in this illustration picture taken on July 6, 2023. —Reuters As a trade battle between the two largest economies in the…
