Business
Business
Nvidia Shares Up 5%, Revenue Hits $44.1B
Nvidia reported stellar first-quarter results for fiscal 2026, with shares climbing nearly 5% in after-hours trading on Wednesday, May 28,…
e.l.f. Beauty Acquires Hailey Bieber’s Rhode Skincare for $1 Billion
On May 28, 2025, e.l.f. Beauty announced its $1 billion acquisition of Hailey Bieber’s Rhode skincare brand, marking its largest…
SBP Buys $5.9B to Boost Reserves to $11.5B, Targets $14B in FY25
The State Bank of Pakistan (SBP) reported that it had purchased $5.9 billion from the currency market since June 2024.…
Gold Prices Drop to Rs347,900 per Tola, PSX KSE-100 Gains 111 Points
On May 27, 2025, gold prices in Pakistan continued to decline for the second consecutive day, reflecting decreases in the…
Pakistan Stock Exchange KSE-100 Drops 886 Points Amid Budget Delay
On May 26, 2025, the Pakistan Stock Exchange (PSX) saw significant selling pressure, with the KSE-100 index declining 886.10 points,…
IMF Talks with Pakistan Continue Without Budget Agreement for FY2026
The International Monetary Fund (IMF) concluded a 10-day mission to Pakistan without finalising discussions on the fiscal year 2026 (FY2026)…
Gold Prices in Pakistan Surge to Rs354,100 per Tola Amid Global Rally
On Saturday, May 24, 2025, gold prices in Pakistan surged in line with a robust rally in the international bullion…
Pakistan Stock Exchange Closes Lower Amid Budget and IMF Tax Concerns
The Pakistan Stock Exchange (PSX) ended the week cautiously, with the KSE-100 index declining 50.37 points (-0.04%) to settle at…
Gold Prices in Pakistan Surge to Rs351,000 per Tola
On May 23, 2025, gold prices in Pakistan surged, mirroring a rise in international markets. The price of 24-carat gold…