13+ hour, 15+ min ago   (438+ words) The State Bank of Pakistan's Monetary Policy Committee is widely expected to maintain the policy rate at 11.5% today, balancing inflation concerns with improving external buffers. The State Bank of Pakistan (SBP) Monetary Policy Committee (MPC) is expected to meet today…...

13+ hour, 29+ min ago   (408+ words) Selling pressure was observed at the Pakistan Stock Exchange (PSX) after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf, with the benchmark KSE-100 Index shedding nearly 1,500 points during the opening minutes of trading on…...

15+ hour, 29+ min ago   (654+ words) The dollar holds steady while the yen gains ahead of pivotal central bank rate decisions, as Mideast tensions drive oil prices and influence global monetary policy. SINGAPORE: The dollar was steady on Monday, ​with the yen holding on to its…...

15+ hour, 34+ min ago   (431+ words) Oil prices surged over 2% due to Houthi strikes, Iranian attacks on ships, and the closure of a key Saudi pipeline, intensifying global supply concerns. BEIJING: Oil prices jumped more than 2% on Monday, after new Houthi strikes on Saudi Arabia and…...

18+ hour, 19+ min ago   (669+ words) Today, as the current scheme approaches its conclusion, these exports stand at US$6.304 billion—more than 7 percent above the projected level. This export performance has also supported a substantial employment footprint. A 2017 ILO study estimated that approximately 4.2 million workers were…...

18+ hour, 19+ min ago   (282+ words) SYDNEY: Australian stocks ended Friday at a more than two-month low, as miners led by BHP lost on weaker commodity prices, while a surge in oil prices over the week heightened inflation concerns and kept investors on edge. The benchmark…...

18+ hour, 19+ min ago   (313+ words) LONDON: The pound rose slightly on Friday after data showed UK growth beat expectations in July, continuing a string of relatively upbeat readings for the British economy. British gross domestic product grew 0.4 percent in July, figures from the Office for…...

18+ hour, 19+ min ago   (498+ words) NEW YORK: Investors head into next week’s Federal Reserve meeting bracing for the central bank to raise interest rates, a move that could threaten a US stock market rally already showing some vulnerability to rising bond yields. For years, inflation…...

18+ hour, 19+ min ago   (394+ words) KARACHI: Pakistan’s corporate boards need to move beyond compliance and play a more active role in addressing economic uncertainty, technological disruption, cybersecurity, sustainability and succession challenges, business leaders and governance experts said at the Pakistan Institute of Corporate Governance (PICG)…...

18+ hour, 19+ min ago   (426+ words) BRASILIA: Latin American stocks and currencies fell on Friday amid fresh concerns over Brazil’s presidential election outlook and mounting expectations of a US interest-rate hike after stronger-than-expected inflation data. MSCI’s gauge of Latin American stocks dropped 1 percent and was on…...