Business News

  • Forex Today: Stocks, Crypto Consolidate After Breakdowns

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    [ad_1] (MENAFN- Daily Forex) Advertisement Trade popular stocks with a leading hi-tech platform! TRADE STOCKS NOW Stock markets fell quite hard last week, with Friday seeing the first daily close of the S&P 500 Index below its 200-day moving average for about one and a half years. The index has fallen by almost 10% from…

  • Bitcoin slips to six-month low over Ukraine conflict | The Express Tribune

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    [ad_1] LONDON: Bitcoin tumbled almost 9% on Monday to its lowest in six months as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their sell-off. The largest cryptocurrency was trading down 8.8% at $33,058, its lowest since July 23, taking losses from its all-time high of $69,000 hit in November past…

  • CDNS acts to promote digital investment | The Express Tribune

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    [ad_1] ISLAMABAD: The Central Directorate of National Savings (CDNS) has kick started the work to enhance investment opportunities and promote digital investment through many new projects. “The CDNS, in collaboration with the State Bank of Pakistan (SBP), is developing digital prize bonds, which will be available through online electronic channels,” a senior CDNS official informed…

  • Live-stream selling boosts goods demand | The Express Tribune

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    [ad_1] BEIJING: Live-stream selling boosted sales of Pakistani goods in the Chinese market and Pakistan could learn from the successful model of e-commerce in China, noted Badaruz Zaman, Commercial Counsellor of Pakistani Embassy in China. According to China’s leading short-form video platform Kuaishou, live-stream selling of Pakistani products, featured by Zaman during the 2022 Online…

  • Education and Social and Emotional Skill Development Prevents Substance Use says UN’s Office on Drugs and Crime

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    [ad_1] Education and social and emotional skill development prevents substance abuse. Listen First Presents: The Book Challenge. Grow your Super Skills – and Thrive! ‘Super Skills’ promotes social and emotional skill development to prevent substance use prevention, says United Nations Office on Drugs and Crime.  Education brings hope and motivation to communities at a time…

  • Monetary policy: SBP leaves policy rate on hold at 9.75%

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    [ad_1] State Bank of Pakistan Governor Reza Baqir addressing a press conference on January 24, 2022. — YouTube screengrab KARACHI: State Bank of Pakistan (SBP) Governor Reza Baqir announced Monday that the monetary policy has been maintained at 9.75% for the next two months — in line with market expectations. The central bank stated that in…

  • Monetary policy to be announced today

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    [ad_1] State Bank of Pakistan. — APP/File KARACHI: The State Bank of Pakistan (SBP) is expected to keep the policy interest rate unchanged at 9.75% for the next two months in view of the country’s economic situation, higher inflation reading, and the fifth wave of the COVID-19 pandemic, say financial pundits. The SBP’s Monetary Policy…

  • FIA arrests Hascol founder in Rs54bn scam

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    [ad_1] KARACHI: The Federal Investigation Agency (FIA) on Sunday arrested Mumtaz Hasan, founder of the Hascol Petroleum Limited (HPL), in a Rs54 billion scam. Director of the agency’s Sindh Zone Amir Farooqi said a total of 30 suspects — including present and former top officials of the National Bank of Pakistan (NBP), HPL and other…

  • Forget working from home — why not live in an old office?

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    [ad_1] Employees at the online supermarket Picnic are seen at their desks in their office in Duivendrecht — Netherlands OUT / AFP / ANP / Jeroen JUMELET   WASHINGTON: Blocks from the White House, an unassuming edifice in downtown Washington that once held offices used by the US Department of Justice is set to be converted…

  • Vietnamese envoy stresses cooperation in rice, textile | The Express Tribune

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    [ad_1] KARACHI: As big producers and strong competitors in rice and textiles segments, Vietnam and Pakistan can complement each other to create a win-win mechanism, said Vietnamese Envoy Nguyen Tien Phong. In a meeting with office bearers of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday, Phong stressed upon fast tracking the…