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PSX Gains Over 400 Points in Volatile Trading Session
KARACHI: (Finance Reporter) - The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Tuesday, with the benchmark KSE-100 Index recovering strongly toward the close and gaining more than 400 points.
At the end of trading,…
US Imposes New Iran Sanctions Across Five Key Sectors
WASHINGTON: (News Desk) - The United States has announced a fresh round of sanctions targeting Iran, with measures covering five key sectors including digital assets, technology, gold, aviation and shipping.
According to a foreign news…
Asian Stocks Waver as US Tightens Iran Pressure
WASHINGTON: (News Desk) - Asian stocks traded unevenly Tuesday as investors weighed Washington’s latest economic pressure campaign against Iran, while oil prices edged higher amid uncertainty over the Strait of Hormuz.…
Canada Response to Trump Tariffs Set for Tuesday Announcement
Canada vs US - (Special Correspondent/Web Desk) - Canada's response to Trump tariffs will be revealed on Tuesday, as officials in Ottawa get ready to unveil their next move in a fast-growing trade fight with the United States. The…
Moody’s Upgrades Pakistan’s Sovereign Credit Rating to B3
Islamabad: (Finance Reporter) - Global ratings agency Moody’s has upgraded Pakistan’s sovereign credit rating to B3 from Caa1, citing improvements in governance, the country’s external position and fiscal metrics. The outlook has been…
Flour Prices Rise Again Across Pakistan, PBS Reports
ISLAMABAD: (Finance Reporter) - Flour prices have risen again in several parts of Pakistan, with the cost of a 20-kilogram bag increasing by as much as Rs100 in some cities over the past week, according to data released by…
Maryam Nawaz Approves Rs36bn Daducha Dam Water Supply Project
LAHORE: (Staff Reporter) - Punjab Chief Minister Maryam Nawaz Sharif has approved a major water supply project linked to Daducha Dam in Rawalpindi, aimed at improving access to clean drinking water for residents of the city.…
Tesla Teases Cybercab Robotaxi Launch at Austin Event
WASHINGTON: (News Desk) - Tesla is preparing to unveil its dedicated self-driving robotaxi, known as the Cybercab, as the electric vehicle maker looks to challenge autonomous ride-hailing operators such as Uber and Waymo.
The Elon Musk-led…
PSQCA Launches Fertilizer Committee to Strengthen Agricultural Standards
ISLAMABAD: (Finance Reporter) - The Pakistan Standards and Quality Control Authority (PSQCA) has convened the 103rd meeting of its Technical Committee on Fertilizer and Allied Products to strengthen standards for…