Shares slide, US Treasuries rally as Trump tariffs unleash recession fears
SINGAPORE: Financial markets were gripped by recession fears as stocks extended a punishing global selloff on Friday in the wake...
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Wall Street ends with heavy losses as Trump tariffs ignite global recession fears
Wall Street benchmarks slumped on Thursday, ending with the largest single-day percentage losses in years, as U.S. President Donald Trump’s...
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Business community hails govt decision to reduce electricity prices
The business community on Thursday welcomed the government to reduce electricity prices, calling it a significant relief that would help...
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Rubio: US is committed to NATO, but Europe must spend more on defence
BRUSSELS: U.S. Secretary of State Marco Rubio told NATO allies on Thursday that Washington remained committed to the alliance but...
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KSE-100 settles at new all-time high as investors celebrate electricity rate cut
Brushing off initial concerns over US President Donald Trump’s sweeping reciprocal tariffs on over 180 countries, the Pakistan Stock Exchange...
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Trump’s trade war: a challenge with an opportunity for Pakistan textiles
Trump’s tariff hike sent shockwaves through global trade on Thursday, raising concerns among industries worldwide. However, for Pakistan’s textile sector,...
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Gaza rescuers say 25 killed in Israeli strike on school-turned-shelter
GAZA CITY: Gaza’s civil defence agency said at least 25 people were killed Thursday in an Israeli air strike on...
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Oil slumps over 7% on Trump tariffs, OPEC+ boosting output
HOUSTON: Oil prices fell on Thursday as the decision by the OPEC+ group to speed up its unwinding of oil...
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SBP-held foreign exchange reserves increase $70mn, now stand at $10.68bn
Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $70 million on a weekly basis, clocking...
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US tariffs will hurt Pakistani products’ competitiveness, experts warn
US President Donald Trump on Wednesday kick-started a global trade war as he announced sweeping reciprocal tariffs on over 180...
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