Business
Business
PayPal’s Game-Changing Stablecoin: A Deep Dive into $PYUSD
The online payment behemoth, PayPal, has leapt into the cryptocurrency world by introducing its stablecoin. The significant venture stands out…
Pakistan Announces Suspension of Iran-Pakistan Gas Pipeline Project Due to US Sanctions
Pakistan has declared a 'Force Majeure and Excusing Event' to Iran, effectively suspending its responsibility to finalize the multi-billion-dollar Iran-Pakistan…
USD Dips Despite Tight Labor Market: Slower Jobs Growth & Rising Wages Add Complexity
The US dollar (USD) experienced a dip on Friday, retracting most of the week's gains. The release of July's jobs…
Stock Market Concludes the Week on a Lower Note Amid Bleak Economic Outlook
On Friday, the stock market continued its losing streak from the previous day, closing lower due to a bleak economic…
Sensitive Price Indicator Reflects Weekly Inflation Rise in Pakistan
Pakistan's weekly inflation, measured by the Sensitive Price Indicator (SPI), has risen by 1.30 percent for the combined consumption group…
Apple Forecasts Continuation of Sales Decline in Q4
Apple Inc., in its latest financial forecast, anticipates a sales slump that could stretch into the next quarter. Despite surpassing…
Surging Cotton Supplies Spark Hope for Pakistan’s Cotton Industry
Pakistani farmers' cotton supply to ginning factories has markedly increased, fueling optimism that this year's production may exceed 10 million…
Rise in Retail Sugar Prices and its Impact on Consumers and Industry
Wholesale prices have surged, leading to a substantial increase in the retail price of sugar, which now ranges from Rs150…
Federal Government Announces New Surcharge on K-Electric Consumers
The federal government has imposed a Rs1.52 per unit surcharge on all K-Electric electricity consumers. This additional charge, applicable to…