French lawmakers from the far right and left came together to vote Wednesday on a motion of no confidence driven by budget disputes that forced Prime Minister Michel Barnier to resign. The National Assembly approved the motion by 331 votes. A minimum of 288 were needed. President Emmanuel Macron has insisted that he will serve … Read more
A stockbroker takes a photo with his mobile phone after the Pakistan Stock Exchange made history by surpassing the 100,000 mark, November 28, 2024. — INP Investor optimism is attributed to rising foreign exchange reserves. The banking sector continues its upward momentum, closing up 1.8%. The government’s unwavering commitment to reforms has also boosted confidence. … Read more
Prime Minister Shehbaz Sharif has welcomed the State Bank of Pakistan’s decision to cut its policy rate by 2%, calling it a positive step for the country’s economy. He expressed optimism that lower interest rates would boost investor confidence and increase investments in Pakistan. “The reduction in the policy rate is a welcome step for … Read more
Finance Minister Muhammad Aurangzeb addresses the press conference in Islamabad on November 17, 2024. — Screenshot via YouTube/Geo News ISLAMABAD: Dispelling speculation over the visit of the International Monetary Fund (IMF) mission to Pakistan, Finance Minister Muhammad Aurangzeb said there were no surprises as “we have shared the economic roadmap of the country” with officials … Read more
A stockbroker monitors stock prices during a trading session at PSX in Karachi on July 31, 2023. — AFP The winning streak continues on hopes of stability. Investors applaud reports of unlikely mini-budget. Blue-chip banking stocks remain in the spotlight. Stocks extended their winning streak on Friday, hitting a new all-time high after briefly breaching … Read more