Business
Business
PSX Experiences Mixed Trading on IMF Hopes and Oil Fears
The Pakistan Stock Exchange (PSX) experienced volatile, mixed trading on Thursday as conflicting forces pulled the market in opposite directions. A sharp surge in…
Dubai Banks Evacuate After Iran Threat: Gulf Financial Hub on Edge
Dubai bank evacuations, Iran threat concerns intensified on Wednesday after Citigroup and Standard Chartered began taking precautionary steps in the…
PSX Rally on Falling Oil Prices Lifts KSE-100 Above 158,000
The PSX rally on falling oil prices extended on Wednesday, with the benchmark KSE-100 index climbing above 158,000 points in…
Oil Prices Swing as IEA Weighs Record Reserves Release Over Iran War
Oil prices, headlines about the IEA's reserves release, drove sharp swings on Wednesday as traders reacted to reports that the…
Oil Prices Fall After Trump Comments
Oil prices fell after Trump's comments became the main market story on Tuesday as Brent and WTI dropped sharply after…
Oil Prices Surge to $110 on Iran War as Hormuz Risks Spike
Oil prices surge on Iran war escalation as the expanding US-Israeli conflict with Iran fuels fears of prolonged disruption to…
ARY Acquires Majority Stake in Nukta to Expand Digital Media Footprint
ARY acquires majority stake in Nukta as ARY Digital Network moves to strengthen its position in Pakistan’s fast-changing digital media…
Kuwait Declares Force Majeure on Oil as Strait of Hormuz Blockage Deepens
Kuwait declares force majeure oil deliveries after Kuwait Petroleum Corporation (KPC) began cutting output on Saturday, as the US-Iran war…
US Considering Lifting Russian Oil Sanctions as Prices Surge Amid Gulf Disruption
The US's consideration of lifting Russian oil sanctions is back in focus after Treasury Secretary Scott Bessent said Washington may further…