PSX falters after crossing 120,000-barrier
KARACHI: Despite an ongoing global market downturn triggered by Trump’s reciprocal tariffs, the Pakistan Stock Exchange (PSX) extended its rally on Friday, initially benefiting from...
Category : Business
After tariff shock, Trump may weaponise finance against allies
With the ink still fresh on US President Donald Trump’s latest batch of tariffs, some are already bracing for what may come next in his...
China hits back at Trump tariffs with own taxes, export curbs
China on Friday announced a slew of countermeasures against tariffs imposed by President Donald Trump, including additional tariffs of 34 per cent on all US...
Shares at PSX reach all-time high before reversing gains
Bulls continued their stampede on the trade floor on Friday as shares at the Pakistan Stock Exchange (PSX) surged more than 1,800 points in an...
US tariffs to hit India’s GDP growth, prompt more rate cuts
India’s economic growth could slow by 20-40 basis points in the ongoing financial year due to the latest US tariffs, which would prompt deeper interest...
Challenges crop up as US imposes tariff on Pakistan
KARACHI: In response to the unexpected 29 per cent reciprocal tariff imposed by the United States on Pakistan, exporters feel that the impact would be...
Shares at PSX surge 1,800 points in all-time high in intraday trade
Bulls continued their stampede on the trade floor on Friday as shares at the Pakistan Stock Exchange (PSX) surged more than 1,800 points in an...
‘Cheaper electricity to revive economy’: business community
KARACHI: Businessmen have welcomed Prime Minister Shehbaz Sharif’s decision to reduce the power tariff, saying that it will “release financial pressure on consumers struggling with...
Merchandise exports rise in March
ISLAMABAD: After suffering the FY25’s first contraction of 5.57 per cent in February, the merchandise exports grew a paltry 1.95 per cent year-on-year in March,...
World equities tumble, oil slumps 7pc
WASHINGTON: Wall Street led a global markets bloodbath pm Thursday as countries around the world reeled from President Donald Trump’s trade war, while the White...