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Web Desk Karachi
August 1, 2025

Microsoft hits $4 trillion market valuation, second tech giant to do so after Nvidia

The company’s recent surge was fueled by robust sales in its Azure cloud computing division, along with a forecast of a record $30 billion in capital expenditures for the upcoming quarter to support rising AI demand.

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Reuters
June 24, 2025

Shares cheered in Asia as Trump announces Iran-Israel ceasefire

Writing on his Truth Social site, Trump implied a ceasefire would go into effect in 12 hours and then the war would be considered “ended”.

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Reuters
April 22, 2025

Wall St ends sharply lower following Trump’s anti-Powell tirade

All three major indexes tumbled more than 2 per cent after President Trump unleashed his attacks on Federal Reserve Chair Jerome Powell.

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Reuters
April 16, 2025

Nasdaq futures, Nvidia slide after new US curbs on chip exports to China

The US Commerce Department issues new export licensing requirements for Nvidia’s H20 and AMD’s MI308 AI-chips to China.

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Reuters
April 9, 2025

Stocks slide in Asia as recession fears pummel sentiment, oil hits 4-yr lows

In Asia stocks, S&P 500 futures fell 1.5 per cent. S&P 500 has lost 4.2 percentage points, equal to $5.8 trillion in stock market value.

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Web Desk Karachi
April 8, 2025

Stocks surge as Japan poised for priority in US-led trade talks

Treasury Secretary Scot Bessant announced that Japan would likely be prioritized due to its prompt engagement in the discussions, which will be led by Bessant and US Trade Representative Jamieson Greer.

Reuters
April 7, 2025

Wall Street set for heavy losses, S&P 500 nears bear territory

Market analyst Cincotta says, “What we’re seeing is more of a technical bounce after a very steep selloff, but it’s not necessarily the end of the selloff.”

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Web Desk Karachi
February 14, 2025

Steve Madden to acquire Kurt Geiger for £289 million

The seller is a consortium led by Cinven, the private equity firm that initially acquired Kurt Geiger for £245 million in 2015. The transaction is expected to be finalized by the end of 2025.

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Web Desk Karachi
February 12, 2025

Goldman Sachs, Deloitte revise policies in response to Trump’s push against diversity

The backlash against DEI initiatives has intensified in the wake of the ‘Black Lives Matter’ movement, which gained momentum following George Floyd’s murder.

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Reuters
February 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.