Gold prices increase in global and local markets
In the international bullion market, the price of gold increased by $11 per ounce, reaching $3,356. As a result, the upward trend in gold prices continued in local gold markets on Saturday as well. According to the new rates, the price of 24-karat
Pakistan Finalises Digital Currency & Crypto Law | PSX Hits Record High Then Closes Flat
The State Bank of Pakistan (SBP) is preparing to launch a pilot for a central bank digital currency (CBDC) and is finalising legislation to regulate virtual assets, as the government accelerates efforts to modernise the country’s financial system. Speaking at the Reuters NEXT
China’s foreign exchange reserves reached $3.317 trillion
Beijing: China’s foreign exchange reserves reached $3.3174 trillion by the end of June. According to the news agency APP, China Global Television Network (CGTN) has reported, citing data from China’s State Administration of Foreign Exchange, that China’s foreign exchange reserves have reached $3.3174
Pakistan’s stock market’s 100 index hits all-time high
KARACHI:The streak of record-breaking performance continues in the Pakistan Stock Market. On the first day of the business week, a strong bullish trend was observed right from the start of trading, pushing the 100 Index past the 133,000-point mark. During trading, with an
Azerbaijan signs $2 billion investment deal in Pakistan
Khankandi: Major progress in Pakistan-Azerbaijan investment partnership, Azerbaijan has signed an agreement to invest $2 billion in Pakistan.Under the leadership of Prime Minister Muhammad Shahbaz Sharif, the flow of investment into Pakistan continues.In the presence of Shahbaz Sharif, Foreign Minister Muhammad Ishaq Dar
New record set in Pakistan stock market
PSX scales 130,000 barrier as market climbs by 2,100 points Bulls continued their reign over the trading floor at the Pakistan Stock Exchange (PSX) on Wednesday as shares scaled the 130,000-point barrier to reach a new high after climbing by 2,100 points. The
Pakistan Stock Exchange Opens FY 2025-26 with Record-Breaking Rally
KARACHI:The Pakistan Stock Exchange (PSX) welcomed the new fiscal year 2025–26 with historic momentum, as the benchmark KSE-100 index surged past 128,000 points, marking an all-time high for the country’s stock market. At the opening bell on Tuesday, the KSE-100 index jumped by
Elon Musk leaving Trump administration, capping turbulent tenure
WASHINGTON: Billionaire Tesla CEO Elon Musk is leaving the Trump administration after leading a tumultuous efficiency drive, during which he upended several federal agencies, but ultimately failed to deliver the generational savings he had sought. His “off-boarding will begin tonight,” a White House
Pakistan unveils first govt-led Strategic Bitcoin Reserve
Bilal Bin Saqib unveils Pakistan’s strategic Bitcoin reserve, 2,000MW mining plan LAS VEGAS: In a landmark announcement at Bitcoin Vegas 2025, Pakistan’s Minister for Crypto and Blockchain Bilal Bin Saqib unveiled the country’s first government-led Strategic Bitcoin Reserve, marking a historic pivot in
EU Pakistan Friendship Federation Sweden Organizes Rally to Celebrate Pakistan’s Victory Over India
In Stockholm, Sweden, the EU Pakistan Friendship Federation organized a grand rally and thanksgiving ceremony to celebrate Pakistan’s triumph over India. The event was attended by hundreds of overseas Pakistanis who expressed their solidarity with Pakistan and its armed forces. According to details,
