A broker monitors stock prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, January 17, 2025. — INP The KSE-100 index closed at 115,042.25, down 802.56 points. Investors remain cautious ahead of the MPC meeting on January 27. The benchmark index hit an intraday low at 115,109.07 following profit-taking. Stocks ended … Read more
Brokers monitor an index showing the latest stock prices at the Pakistan Stock Exchange in Karachi on January 26, 2023. — AFP The KSE-100 index jumped 1.26% to close at 115,272.08 points. Analyst says market traded higher after ruling in £190m case. According to him, the current account surplus also helped to boost investor morale. … Read more
President Biden reflected on his foreign policy accomplishments Monday, saying America is better positioned on the world stage than it was when he took office four years ago. Ed O’Keefe reports on Mr. Biden’s remarks and what remains to be done.
People walk while shopping at a market in Karachi on April 19, 2023. — Reuters ISLAMABAD: The country’s economy demonstrated sustained positive developments during the first five months of the current fiscal year, with prudent fiscal management and strategic reforms paving the way for sustainable economic growth, the Ministry of Finance said on Friday. Finance. … Read more
U.S. State Department Principal Deputy Spokesperson Vedant Patel speaks during a press briefing on May 30, 2024, in this still from video. — US Department of State/website The United States has said its long-standing policy of refusing to support Pakistan’s long-range ballistic missile program, calling Pakistan an “important partner” that shares the US commitment to … Read more
A logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at its headquarters in Karachi, Pakistan, July 16, 2019. — Reuters SBP cuts policy rate to 13% in today’s meeting. The consumer price index for November stood at 4.9%. This brings total cuts to 900 basis points since June. and … Read more
Examining US foreign policy toward Syria and China – CBS News Watch CBS News “Face the Nation” moderator and chief foreign affairs correspondent Margaret Brennan questions whether instability in Syria poses a threat to U.S. national security and why President-elect Donald Trump invited Chinese President Xi Jinping at his inauguration. Be the first to know … Read more
State Bank of Pakistan building in this undated image. — AFP/File The SBP has cut interest rates four times in a row since June. The CPI for November stood at 4.9%, well below the general market consensus. 71% of survey participants expect a minimum rate cut of 200 basis points by the SBP. The State … Read more
Prime Minister Shehbaz Sharif chairs federal cabinet meeting on December 2, 2024. — PID Prime Minister Shehbaz Sharif welcomed a record fall in inflation to 4.9% after nearly six and a half years, expressing hope that the remarkable development will lead to further reductions in the policy rate. Exceeding official forecasts, inflation in Pakistan slowed … Read more
ISLAMABAD: The Ministry of Foreign Affairs on Thursday stressed that foreign policy remains a federal responsibility, responding to Khyber-Pakhtunkhwa (KP) Chief Minister Ali Amin Gandapur’s plan to send his own delegation to Afghanistan to address security concerns . “Foreign policy is a federal subject and it is the prerogative of the government of Pakistan to … Read more