Business
Business
Gold Prices Drop in Pakistan and Globally Amid Profit-Taking
On Monday, April 28, 2025, gold prices declined in both international and local markets in Pakistan due to technical corrections…
Nike Faces Class-Action Lawsuit Over NFT Shutdown
Nike Inc. faces a proposed class-action lawsuit filed Friday in the U.S. District Court for the Eastern District of New…
Gold Prices Drop Sharply in Pakistan and Globally, Ending Record Highs
On April 25, 2025, gold prices declined internationally and in Pakistan, halting the record highs observed in recent weeks. According…
Pakistan’s Banking Sector Expands 15% in 2024
The State Bank of Pakistan’s (SBP) 2024 Financial Stability Review, released in April 2025, underscores significant improvements in Pakistan’s macroeconomic…
Pakistan’s KSE-100 Index Plunges 2,485 Points Amid India-Pakistan Tensions in 2025
On April 24, 2025, the Pakistan Stock Exchange (PSX) experienced a sharp decline. The KSE-100 index plummeted 2,485 points within…
Pakistan Opens Bids for PIA Privatization, Targets 51–100% Stake Sale
On April 23, 2025, Pakistan’s federal government launched the privatisation process for Pakistan International Airlines (PIA) by issuing an Expression…
Gold Hits Record $3,500 as Trade Tensions and Weak Dollar Drive Demand
Gold prices surged past $3,500 per ounce on April 22, 2025, due to a weakening US dollar, escalating trade tensions…
IMF Cuts Pakistan’s 2025 Growth Forecast to 2.6% Amid US Tariff Hikes
The International Monetary Fund (IMF) has lowered Pakistan’s growth forecast for 2025 to 2.6% from 3%, attributing this change to…
Pakistan to Issue Rs30B Green Sukuk for Clean Energy Projects in 2025
The government of Pakistan is set to launch its first sustainable investment asset-backed Sukuk bonds, aiming to raise Rs30 billion.…