Business
Business
Angola Bids for Majority Stake in Diamond Giant De Beers
A major corporate battle is taking shape in Southern Africa. Angola is bidding for a majority stake in the diamond…
Trump Ends US-Canada Trade Talks Over Reagan Ad
US President Donald Trump has announced a major shift in trade policy. He stated that all trade negotiations with Canada…
PSX Opens Lower as Investors Book Profits After Rally
The Pakistan Stock Exchange (PSX) opened Thursday's session lower as investors opted to take profits following a prolonged market rally.…
IMF Approves Rs150 Billion Tax Target Reduction for Pakistan
The International Monetary Fund (IMF) has agreed to lower Pakistan's tax collection goal by Rs150 billion. This decision considers the…
Gold Prices Crash 5.7% to $4,109 as Bitcoin Hits Record $114,000
Gold prices fell sharply by 5.7%, marking the largest single-day decline since April 2013. They closed at $4,109 per ounce,…
Pakistan Economy to Grow 3.5% in FY26 Despite Floods, Says FinMin
Finance Minister Aurangzeb forecasts 3.5% GDP growth for FY26, with a $1.2 billion IMF tranche, single-digit inflation, and CPEC Phase…
KSE-100 Index Rises 1.31% on IMF Deal and Current Account Surplus
The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) continued its bullish trend, closing at 168,197.47 after an increase…
Oil Prices Dip on US-China Trade Tensions and Stockpile Fears
Oil prices experienced a slight decline of 0.2% as investors expressed concerns over US-China trade tensions and increasing stockpiles. The…
KSE-100 Index Climbs 0.94% on Afghanistan Ceasefire and IMF Deal Optimism
The Pakistan Stock Exchange (PSX) benchmark KSE-100 Index extended its recovery, closing at 165,348.04 after gaining 1,541.83 points, or 0.94%,…