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Pakistani traders face huge spike in costs due to India trade ban
Following the recent escalation in tensions between India and Pakistan, both nations have imposed stringent trade and airspace restrictions. India has banned imports from Pakistan…
“Operation Sindoor” Triggers Stock Market Carnage in Pakistan
On Thursday, the Pakistan Stock Exchange (PSX) experienced a significant downturn, with the benchmark KSE-100 index plummeting by 6,948.73 points, or 6.32%, to 103,060.30. This…
JF-17 and J-10C Maker’s stocks surge, Rafale’s Dassault Aviation’s slump
In an unexpected twist of events, the aftermath of Pakistan’s successful military operations has led to significant changes in stock market performance, particularly for key…
India suffers $956 Million Loss as Pakistan Downs 5 hi tech Indian jets
ISLAMABAD: In a significant escalation of military tensions, Pakistan’s air force has reportedly downed multiple Indian aircraft, including three Rafale fighter jets, resulting in an…
Pakistan stock exchange plunges: Market gripped by all out war fears
The Pakistan Stock Exchange (PSX) experienced a severe downturn on Wednesday, plunging by as much as 6,500 points in intraday trading. Investors’ worst fears were…
Bank Al Habib to shut down Kenya office amid Global Restructuring
Bank Al Habib Kenya operations will officially end on May 15, 2025, after seven years of presence in the country. The decision, approved by the…
Utility Stores Employees Forced to Work Without Pay
Thousands of employees at Utility Stores Corporation (USC) are facing a financial crisis after the government abruptly halted their salaries, despite ongoing service and a…
SBP Lowers Interest Rate to 11% on Inflation Relief
The State Bank of Pakistan (SBP) has lowered the policy rate by 100 basis points, bringing it down to 11 percent, effective May 6, 2025.…
Temu Halts China-to-U.S. Shipments Amid Rising Tariffs
Temu, the Chinese e-commerce platform known for its budget-friendly offerings, has ceased shipping products directly from China to the United States in response to shifting…
Buffett to Step Down as Berkshire CEO, Greg Abel Named Successor
In a historic shift at Berkshire Hathaway, legendary investor Warren Buffett announced that he will step down as Chief Executive Officer at the end of…
Meezan Bank Offers Shariah Financing for Peugeot 2008
Meezan Bank has rolled out a new Car Ijarah offer, allowing customers to lease the Peugeot 2008 Active 1.2 Turbo with reduced monthly rentals starting…
Italy Throws Support Behind Pakistan Textile Sector
KARACHI: Italian Ambassador to Pakistan, Marilina Armellin, has reiterated Italy’s commitment to strengthening the Pakistan textile sector, calling it a key driver of the nation’s…
