Category: Business

PSX Extends Losses as KSE 100 Drops Nearly 1,800 Points

KARACHI: Selling pressure persisted at the Pakistan Stock Exchange (PSX) on Monday, extending last week’s sharp losses as investor sentiment remained subdued amid rising domestic uncertainties and external geopolitical concerns. The benchmark KSE-100 index witnessed a volatile session, recording an intra day high of 185,650.60 and a low of 180,992.80. By the close the index […]

World Bank Reaffirms Support for Pakistan’s 10Year Growth Plan

ISLAMABAD: World Bank Managing Director Anna Bjerde has reaffirmed the institution’s strong support for Pakistan’s $20 billion development program aimed at maximising long term economic and social impact. The reaffirmation came during a meeting between Finance Minister Muhammad Aurangzeb and the World Bank managing director on the sidelines of the Annual AlUla Conference for Emerging […]

Trump Declares Inflation Win Voters Skeptical

U.S. President Donald Trump has repeatedly declared victory over inflation in recent speeches, even as many Americans report rising living costs. A review of five economic addresses since December shows Trump claimed nearly 20 times that inflation had been defeated and referenced falling prices almost 30 times assertions analysts and voters say conflict with grocery […]

Pakistan Canada Seek Deeper Trade and Investment Ties in Islamabad Talks

ISLAMABAD Pakistan and Canada have reiterated their commitment to deepening bilateral economic cooperation and unlocking new areas of collaboration during the sixth round of Bilateral Political Consultations held in Islamabad on Saturday February 7. The Pakistani delegation was led by Ambassador Nabeel Munir United Nations Special Secretary along with the Director General for the Americas. […]

Singapore Fines 71 Year Old Woman for Repeatedly Feeding Pigeons

SINGAPORE A 71 year old Singaporean woman has been fined S$3,200 for repeatedly violating the country’s Wildlife Act underscoring Singapore’s strict enforcement of laws aimed at protecting urban wildlife and maintaining public hygiene. The woman pleaded guilty to four charges related to feeding pigeons, while the court also considered five additional incidents as part of […]

PSX Plunges Over 3,700 Points Amid Security Concerns

Karachi: The Pakistan Stock Exchange (PSX) witnessed its sharpest single day decline in weeks on Friday as heavy selling pressure pushed the benchmark KSE 100 Index down by more than 3,700 points amid rising security concerns. The KSE 100 Index dropped 3,703 points or 1.97 percent, to close at 184,130. Market sentiment weakened primarily due […]
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