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Web Desk
Jan 20, 2025

Intraday trade: PKR gains over 20 paisa against USD

On the first trading day of the week, the Pakistani Rupee (PKR) rose by 11 paisa against the US dollar (USD) in early morning trade, according to currency exchange companies.

Business

Reuters
Jan 20, 2025

Gold dips amid market focus on Trump’s policy signals

Gold cut early losses on Monday as investors looked forward to Donald Trump’s inauguration speech for clarity on the incoming administration’s policies, which could offer further clues on the Federal Reserve’s interest rate path.

Business

Reuters
Jan 20, 2025

Oil dips slightly as Trump mulls relaxing Russia energy curbs

Oil prices were little changed on Monday as expectations of US President-elect Donald Trump relaxing curbs on Russia’s energy sector in exchange for a deal to end the Ukraine war offset concern of supply disruption from harsher sanctions.

Business

Web Desk
Jan 19, 2025

Nigeria officially becomes part of the BRICS

With Nigeria’s inclusion, the total number of BRICS member states has now reached 12.

Business

Web Desk
Jan 19, 2025

Russia and Iran abandon the dollar in bilateral trade

Putin stated that in the first nine months of 2024, the trade between Iran and Russia increased by 14 per cent, to reach a whopping $3.3 billion.

Business

Reuters
Jan 18, 2025

Trump launches his own meme coin, value soars

The crypto community posed questions about the legitimacy of the $TRUMP coin, and its actual link to the president-elect, with some fearing a scam. By Saturday, the market capitalization for $TRUMP stood at nearly $6 billion.

Business

Web Desk
Jan 18, 2025

Pakistani, Chinese companies ink $250 million medical equipment MoUs

This collaboration aims to steer more Chinese companies to engage in trade and set up joint ventures in Pakistan in the medical instrument sector.

Business

Reuters
Jan 18, 2025

Trump plans crypto-friendly orders in first few days in power

Trump is expected to sign an executive order creating a crypto advisory council, an idea he first floated in July.

Business

Web Desk
Jan 17, 2025

Five ministries in focus as govt moves to fourth phase of rightsizing

Minister for Communications Abdul Aleem Khan also gave a perspective on the core functions of the ministry and how its departments, particularly National Highway Authority (NHA), could be made profitable.