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Business
PSX Rebounds 900 Points After SBP’s Surprise Interest Rate Cut
The Pakistan Stock Exchange (PSX) surged nearly 900 points on Tuesday, driven by renewed investor confidence following the State Bank…
Gold Prices Surge Rs350,000 in Pakistan in May 2025
Gold prices soared to unprecedented levels on Monday, May 5, 2025, in both international and domestic markets, fueled by economic…
State Bank of Pakistan Cuts Interest Rate to 11%
The State Bank of Pakistan (SBP) has lowered its key interest rate by 100 basis points (bps) to 11%, effective…
Pakistan’s FBR Launches Digital Performance System for Tax Officers
Pakistan’s Federal Board of Revenue (FBR) has launched a fully digitised Performance Management System (PMS) to improve transparency in evaluating…
Pakistan Expands SME Definition to Boost Micro-Enterprises and Economy
Pakistan’s government has broadened its SME definition to include micro-enterprises and offers incentives to formalise millions of informal businesses. Special…
Apple Shares Drop 5% Amid Reduced Buyback and $900M Tariff Costs
Apple Inc. shares plummeted 5% on Friday after announcing a scaled-back $100 billion stock buyback program and a projected $900…
Gold Prices Drop in Pakistan and Globally Amid Market Corrections
Gold prices fell on Friday, as both international and Pakistani markets experienced technical corrections and investors engaged in profit-taking. While…
Pakistan Stock Exchange Rebounds with KSE-100 Index Surging 2.36%
The Pakistan Stock Exchange (PSX) recovered robustly on Friday, climbing 2.36% after Thursday’s steep sell-off. The KSE-100 Index soared 2,627.98…
Oxfam Reports 50% Surge in CEO Salaries Since 2019 While Worker Wages Stagnate
Oxfam, the international research and advocacy group, reports a dramatic increase in global CEO compensation, with average pay rising by…