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Tag: Global Markets

Bitcoin
Business
  • Reuters
  • Aug 14, 2025
Bitcoin rises alongside global markets as rate cut expectations mount

Ether also continued its upward trend. Year-to-date, ether has gained 42 per cent, outperforming 32 per cent rise in bitcoin.

PSX plunge
Business
  • Web Desk
  • Apr 07, 2025
PSX closes with 4,000 points fall, after tumbling over 8,500 points

PSX plunge is in line with the global market downturn. Global oil prices have also tumbled down to lowest since April 2021.

shares
Business
  • Reuters
  • Feb 10, 2025
Shares dither on global markets, dollar firm on trade war risk

German Chancellor Olaf Scholz said the European Union was ready to respond “within an hour” if the US levied tariffs on European goods, highlighting the risks of an escalating trade war.

Nvidia
Latest
  • Reuters
  • Feb 06, 2025
Nvidia-backed French startup Mistral rolls out app in escalating AI race.

Mistral AI CEO and others say, “The French and the whole world are realising that European players count and that they provide cutting-edge technology,”

In a joint statement released follow the recent BRICS summit, member states raised their concerns over the escalating violence in the Middle East, particularly the Israeli bombing of Gaza and the occupied-West Bank.
World
  • Web Desk
  • Oct 24, 2024
BRICS summit: Members raise concerns over Israeli bombing in Gaza

Pakistan Stock Exchange
Business
  • Web Desk
  • Aug 07, 2024
Stock market continues to fluctuate, modest recovery expected

PSX experienced a boost early on Tuesday, in line with the trend of recovery in global markets, after bloodbath on Monday.

Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East hostilities.
Business
  • Reuters
  • Apr 19, 2024
Global market: Stocks sink, oil surges on reports of Middle East attacks

MSCI’s broadest index of Asia-Pacific shares dived 2.3 per cent and US stock futures pointed 1.5 per cent lower following media reports Israeli missiles had hit a site in Iran.

Oil prices
World
  • Web Desk
  • Apr 04, 2024
Oil prices inch up as major producers maintain output cuts

Global oil prices experienced a modest uptick due to concerns over reduced supply, stemming from major producers maintaining output cuts.

Oil prices
Business
  • Web Desk
  • Mar 06, 2024
Oil prices climb 2%, marking first increase in five days

Oil prices experienced a 2 per cent climb on Wednesday, propelled by a smaller-than-expected build in US crude inventories.

Global oil prices
Business
  • Web Desk
  • Feb 06, 2024
Oil prices drop globally amidst concerns over US economic policies

Global oil prices opened the week with a downward trend, extending losses due to US job data diminishing the likelihood of immediate interest rate cuts in the world’s largest economy.

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