Business News
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Rupee can plunge to 350 by end of 2024: report
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[ad_1] A foreign currency counts Pakistani rupee notes at a shop in Karachi, on March 2, 2023. — Online The Pakistani rupee can fall to as low as 350 against the dollar by the end of the next year, according to BMI, a Fitch Solutions Company, as it is set to end 2023 as Asia’s…
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PSX soars to new peak above 60.5k | The Express Tribune
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[ad_1] KARACHI: Investors at the Pakistan Stock Exchange (PSX) on Tuesday engaged in extensive buying of attractive stocks and in the process propelled the market to a new record high well above the 60,500-point mark. The benchmark KSE-100 index shot up over 900 points as market players were enthusiastic following the signing of billions of…
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Honda unveils its first electric motorcycle | The Express Tribune
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[ad_1] KARACHI: Chief Officer of Motorcycle and Power Products at Atlas Honda, Noriaki Abe, unveiled Honda’s inaugural electric vehicle (EV) motorcycle, the Honda BENLY-e, as part of the celebration of Atlas Honda’s 60th year of operations in Pakistan. The unveiling took place during a ceremony at Atlas Honda’s Sheikhupura factory and was attended by Shinji…
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WB raises alarm over ‘silent human capital crisis’ in Pak
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[ad_1] Pakistani youth wait for their turn for a Capital Development Authority (CDA) job entry test in Islamabad on January 27, 2010. — AFP The World Bank’s Vice-President for South Asia has raised alarm over the “silent human capital crisis” in Pakistan, calling upon authorities to make difficult but necessary decisions for the “bright future”…
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PSX hits new milestone as KSE 100 index crosses 60,000 mark
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[ad_1] Brokers are busy in trading at Pakistan Stock Exchange (PSX) in Karachi on Monday, November 6, 2023. — AFP The Pakistan Stock Exchange (PSX) Tuesday set another record as the KSE-100 index crossed the barrier of 60,000 points after a positive International Monetary Fund (IMF) review and encouraging macroeconomic numbers. The benchmark index reached…
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World Expo 2030 candidates Rome, Busan, Riyadh to cast vote in Paris
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[ad_1] Rarely, if ever, has a candidate city to host the World Expo contributed more profoundly than Saudi Arabia. — AFP/File Rome, Busan and Riyadh are the three candidates in line to host the World Expo 2030 as the decision will be announced on Tuesday after organisers from Bureau International des Expositions (BIE) cast their votes.…
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PSX crosses 60,000 points milestone | The Express Tribune
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[ad_1] Segregation of client assets is critical as brokers have been penalised for using client money illegally. PHOTO: AFP KARACHI: The Pakistan Stock Exchange (PSX) smoothly crossed the psychological barrier of 60,000 points during the early trading hours of Tuesday. The gains came due to rich individuals and institutional investors making significant new investments in expectation…
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‘Ishaq-Dar policy appreciating rupee against dollar’
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[ad_1] Former minance minister Ishaq Dar addresses a press conference in Lahore on June 30, 2023. — AFP ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Senator Ishaq Dar said Monday that it was due to the policies he put in place that the rupee had recently gained some ground against the dollar. “I consider the rupee’s depreciation…
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World’s best Christmas markets for 2023 — Here’s a list
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[ad_1] Rockefeller Center in winter 2020. — AFP/File Nothing makes people feel more cheerful than a market that celebrates Christmas — although Vienna is the origin of these celebrations—the city’s first December market was documented in 1298—the custom has evolved throughout the ages to become a global phenomenon. There isn’t a popular travel destination—from Germany…
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UAE mineral giant eyes Pakistani mining venture | The Express Tribune
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[ad_1] KARACHI: The United Arab Emirate’s largest raw and value-added mineral supplier and importer, National Trust (NT), has entered into a memorandum of understanding (MoU) with a Pakistani firm to develop a strategic partnership with an investment of 30 million UAE Dirham to mine, acquire, and process aluminium ore in Punjab and potentially export it…
