A representation of the virtual currency Bitcoin is seen in front of a stock chart in this illustration taken on January 8, 2021. — Reuters LONDON: Bitcoin hit a record high above $109,000 on Monday as Donald Trump, who has announced plans to deregulate the cryptocurrency sector, prepares to be sworn in as US president. … Read more
A woman holds U.S. dollar bills in this illustration taken May 30, 2022. — Reuters Prime Minister Shehbaz said the project aims to implement digital infrastructure. The Prime Minister says the project will focus on sectors likely to attract foreign investment. The Prime Minister says the country is moving towards a dynamic digital economy. LAHORE: … Read more
The black boxes of airliner that crashed in South Korea Last month, 179 people were killed. The recording was stopped about four minutes before the accident, South Korean officials said Saturday. After analyzing the devices, the Conclusion of the United States National Transportation Safety Board that flight data and cockpit voice recorders stopped working about … Read more
Welcome to the Monday tennis briefing, where Athletics will explain the stories behind last week’s stories on the ground. This week, the first tournaments of 2025 reached their conclusion across Australia and New Zealand. Aryna Sabalenka continued a remarkable record and too many matches ended in retirements. If you would like to follow our fantastic … Read more
A stockbroker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, July 31, 2023. — AFP Positive macroeconomic indicators are fueling the record market rally. This is the third highest point gain ever for the KSE-100 index. Successive rate cuts push investors from bonds to stocks. The stock … Read more
Authorities in the Dominican Republic have confiscated nearly 9.5 tons of cocaine from a shipment of bananas at the country’s most important seaport. The drugs were found in a shipment from Guatemala that arrived at the port of Caucedo in Santo Domingo, the nation’s capital, said Carlos Devers, spokesman for the Dominican Republic’s Anti-Drug Agency. … 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
Russian President Vladimir Putin budget plans approved, bringing military spending for 2025 to record levels as Moscow seeks to assert itself in the war in Ukraine. About 32.5% of the budget published on a government website on Sunday was allocated to national defense, or 13.5 trillion rubles (more than $145 billion), compared to 28.3% this … Read more
A stockbroker reacts while monitoring the market on the electronic board displaying stock prices during a trading session at the PSX, in Karachi, July 3, 2023. — Reuters The Pakistan Stock Exchange (PSX) surpassed the 100,000 point mark on Thursday, marking a historic high and reflecting strong investor confidence, driven by positive economic indicators. The … Read more
Brokers monitor an index showing the latest stock prices at the Pakistan Stock Exchange in Karachi on January 26, 2023. — AFP The Pakistan Stock Exchange (PSX) soared over 900 points on Friday, buoyed by persistent macroeconomic outlook, extending its record streak. The PSX’s benchmark KSE-100 index jumped 1,060.06 points or 1.09 percent to 98,388.45 … Read more