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Karachi Stock Exchange Sees Volatile Swings
The Karachi Stock Exchange (PSX) witnessed a dynamic start to the business week as the 100-Index gained a substantial 200 points, propelling the benchmark to 66,335
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China Demand Concerns Offset by Supply Disruptions
Copper prices experienced a downturn on Monday due to apprehensions surrounding weak demand in China, the world's leading consumer of the metal. However, the decline was
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BOJ Maintains Cautious Monetary Stance
The Bank of Japan (BOJ) has opted to maintain its ultra-loose monetary policy, emphasizing its cautious approach while awaiting further clarity on the trajectory of wages and
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how has the covid-19 affected farmers in pakistan
The COVID-19 pandemic has significantly impacted farmers in Pakistan, particularly in the provinces of Sindh and Punjab. The pandemic has disrupted farm production and supply chains, leading
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Pakistan's Economic Challenges in FY23
Pakistan's economy has faced tremendous challenges of macroeconomic imbalances, supply shocks, and international economic slowdown, which has dampened growth in the past two years. The World
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Binance and CEO Plead Guilty to Federal Charges
In a landmark development, Binance Holdings Limited (Binance), the operator of the world's largest cryptocurrency exchange, Binance.com, has pleaded guilty to federal charges totaling $4
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PSX Surges to Record Heights: Bulls Continue Dominance
The Pakistan Stock Exchange (PSX) witnessed its third consecutive session of bullish dominance on Monday, propelling the benchmark index to achieve yet another historic high. The surge in
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Dirham to PKR: Notable Drop in Exchange Rate
In the dynamic landscape of currency exchange, the buying rate of the United Arab Emirates (UAE) Dirham in the open market of Pakistan experienced a notable drop to
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Copper Price Seeks Stability Amidst Corrective Rebound
The price of copper has experienced a corrective bullish rebound, reaching 3.6600 as it takes a brief pause. The intention is to gather positive momentum, reinforcing a
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Merchant digitization emerges as one key driver for Pakistan’s inclusive economic growth in UN report
A big opportunity for Pakistan resides in ushering its micro, small and medium enterprises (MSMEs) into the digital age, as revealed in a new report by the United
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The Imperative of Business Sustainability
In a world where climate change-induced extreme weather events are disrupting supply chains and causing food scarcity, the role of sustainability in business has never been more
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Corporate Dilemma: Staying in Russia Amid Ukraine Conflict
Amid the tumultuous backdrop of Russia's invasion of Ukraine, a complex and contentious dilemma confronts corporations with vested interests in Russia. The choices these companies make
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KMBL and HBL Konnect Sign Agreement
The Khushhali Microfinance Bank Limited and HBL Konnect have signed an agreement, enabling payments for Khushhali Bank customers through HBL Konnect branchless banking and agents network across Pakistan.
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Farmers Demand Compensation Amidst Sugar Price Controversy
In a surprising turn of events, the Pakistan Kissan Ittehad (PKI) has voiced its deep concern regarding the Punjab government's decision to procure sugar from mill
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"USD to PKR: Pakistan's Dollar Exchange Rate – August 31, 2023"
In the world of financial fluctuations, where currencies constantly dance to the tune of global markets, the exchange rate between the US Dollar (USD) and the Pakistani Rupee
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Foreign Banks Demand 10% Commission for Letters of Credit Amid Economic Challenges
In a startling development, foreign banks are now insisting on a substantial 10% commission to endorse letters of credit (LC) for importable consignments, as disclosed by informed sources