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Business

Web Desk Karachi
Apr 09, 2025

Indian central bank cuts rates to boost growth as tariffs take effect

The MPC also shifted its policy stance to “accommodative” from “neutral”, which means it’s considering more rate cuts in coming months.

World

Reuters
Apr 07, 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.”

Business

Reuters
Feb 17, 2025

Five Iraqi banks to be banned from US dollar transactions

The move comes after meetings in Dubai last week between officials from the Central Bank of Iraq – which last year already banned eight banks from US dollar transactions – and US Treasury and Federal Reserve officials, one of the sources said.

Business

AFP
Feb 10, 2025

Trump tells US Treasury to stop minting new pennies

The so-called Department of Government Efficiency — a cost-cutting initiative led by billionaire Elon Musk that has helped slash federal spending — highlighted the cost of producing pennies in a post on X in January.

Latest

Reuters
Jan 21, 2025

Dollar rebounds sharply, futures rise as Trump 2.0 jolts markets

US stock futures rise after bouncing around on Monday as traders digested Trump’s statements on economic policy and trade levies.

Technology

DW
Dec 31, 2024

Chinese hackers infiltrate US Treasury systems

The US Treasury Department says Chinese state-sponsored hackers stole documents in a “major incident.”

Business

Web Desk
Nov 07, 2024

Stocks surge to record highs as Trump returns to presidency

Markets were also eyeing whether the Republican Party could maintain a majority in the House of Representatives after gaining control of the US Senate,