Business

Business

Pakistan’s Forex Reserves Surge to $14.51 Billion, Exceed IMF Target

On June 30, 2025, the State Bank of Pakistan (SBP) reported its foreign exchange reserves surged by $5.12 billion to…

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Trump Announces US-Vietnam Trade Deal with 20% Tariff

On July 2, 2025, President Donald Trump announced a trade deal with Vietnam, imposing a 20% tariff on its exports…

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Pakistan Stock Exchange KSE-100 Soars Past 130,000 in Historic Rally

The Pakistan Stock Exchange (PSX) achieved a historic milestone as the KSE-100 index surged past 130,000 during intra-day trading, marking…

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Wall Street Dips as Tesla Falls Amid Trump-Musk Feud Over Tax Bill

On July 1, 2025, Wall Street retreated from record highs as Tesla shares dropped 5% amid a public feud between…

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Pakistan Stock Exchange Soars to 127,927 in Fiscal Year 2025-26 Opener

On July 1, 2025, the Pakistan Stock Exchange (PSX) began the fiscal year 2025-26 with an impressive rise, as the…

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Pakistan Stock Exchange Hits Record High at 125,627 to Close Fiscal Year 2025

On June 30, 2025, the Pakistan Stock Exchange (PSX) ended the 2024-25 fiscal year at an all-time high, with the…

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Pakistan Banks Defend Remittance Incentives Amid Misleading Claims

The Pakistan Banks Association (PBA) defended the Pakistan Remittance Initiative (PRI), refuting incorrect media claims that government subsidies to banks…

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G7 Backs U.S. Proposal to Exempt Companies from Global Tax Agreement

The Group of Seven (G7) nations endorsed a U.S. proposal to exempt American companies from parts of the 2021 global…

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Pakistan Leads Global Decline in Sovereign Default Risk, Bloomberg Reports

On June 28, 2025, Bloomberg Intelligence’s Global Emerging Market Rankings highlighted Pakistan’s remarkable achievement as the world’s most improved economy…

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