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Business
Bitcoin Price Rally Lifts Crypto Stocks After Treasury Move
NEW YORK: Bitcoin rose 3.48% to USD 71,505 on Thursday, while crypto-linked shares climbed after the US Treasury doubled buybacks…
KSE-100 Index Gains 575 Points as Value Buying Lifts PSX
KARACHI: The KSE-100 Index on Friday rose 575 points, or 0.33%, to close at 177,167 on Friday, August 21, as…
China-Indonesia Talks Deepen Economic, Defence Ties
JAKARTA, Indonesia: Chinese Foreign Minister Wang Yi criticised “unilateralism” on Friday as China and Indonesia opened high-level talks on economic,…
US National Debt Tops $40tn as Borrowing Costs Climb
WASHINGTON: US national debt has surpassed USD 40 trillion, doubling in roughly a decade as higher interest rates push up…
China Iran Sanctions Stance Rejects New US Pressure
BEIJING, China: China rejected renewed US sanctions pressure on Iran on Friday, saying unilateral measures without international legal backing or…
Uzbekistan Gas Leak Project Gets $10.6m World Bank Backing
TASHKENT, Uzbekistan: Uzbekistan has approved a USD 10.6 million gas leak project backed by the World Bank to reduce gas…
Banking Fraud Awareness: Zardari Urges Wider Outreach
ISLAMABAD: President Asif Ali Zardari called for greater awareness of banking fraud to help customers protect themselves and access the services of…
Global Bond Yields Hit Multi-Year Highs as Risks Mount
NEW YORK: Global bond yields climbed to multi-year highs as investors demanded more compensation for inflation, debt and geopolitical risks.…
SpaceX Share Unlock Puts 319 Million Shares into Play
Up to 319 million shares were unlocked for trading on August 20, making another block of insider stock eligible to…