PSX Faces Pressure as KSE-100 Drops Nearly 1,500 Points The Pakistan Stock Exchange (PSX) faced bearish pressure on Tuesday, with the KSE-100 index dropping by almost 1,500 points. The index lost 1,489.96 points, or 1.31%, closing at 112,030.36 from the previous close of 113,520.32. Market Declines Over Concerns About SOE …
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Finance Minister Says $1bn Loan Agreed with Two Middle Eastern Banks Finance Minister Muhammad Aurangzeb announced on Tuesday that Pakistan has finalized terms for a $1 billion loan with two Middle Eastern banks, with an interest rate ranging between six and seven per cent. The agreement comes as the country …
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The Bahria Town Dubai project has come under scrutiny as the National Accountability Bureau (NAB) has issued a stern warning against investing in it. “NAB issued the statement on Tuesday, urging the public to refrain from investing in the controversial real estate venture due to ongoing investigations into Malik Riaz, …
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China’s Squid Game-Inspired Scams Prey on Financially Distressed BEIJING, Dec 25 (Pakish) – In a unique twist reminiscent of Squid Game, fraudsters in China are exploiting the financially troubled populace in light of a struggling economy by offering dubious schemes involving prize money and debt restructuring that often fall short of …
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Friday saw bulls dominate the Pakistan Stock Exchange PSX shares rise by over 900 points after the IMF signaled its willingness to work with the new administration. The PSX website said the KSE-100 index finished at 62,815.81 points, up 901.47 points, 1.46 percent from 61,914.34. The IMF said today it looks …
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After eight years in the position, Mr. Allan will depart Tesco in June. He continued: “It is with regret that I am having to prematurely stand down from my position as chair of Tesco following the anonymous and unsubstantiated allegations made against me, as reported by the Guardian.” According to …
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ISLAMABAD: To facilitate and lower the cost of trade between the two nations, Pakistan and Russia have inked a bilateral trade agreement. The agreement was made in Kazan, Russia, at a three-day economic summit for Muslim nations that came to an end on Friday. Participants at the conference came from …
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The rupee dropped 74 paise in the interbank market on Wednesday, almost reaching an all-time low against the US dollar. The local currency lost 0.31 percent of its value from yesterday’s finish of Rs238.91, closing at Rs239.65 per dollar. On July 28, the rupee fell to a record low of …
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“Pakistan’s economic and political situation isn’t stable right now.” Every time we turn on the TV, tune in to the radio, or explore social media, we frequently hear things like these. Although it is necessary to be aware of the state of the nation, it is not beneficial to constantly …
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Given that negative attitudes frequently have a snowball effect and create even more negativity, Cnergyico’s campaign is extremely needed. Indeed, if left uncontrolled, it can have an effect on people’s mental attitudes, which can then have an effect on their family lives, careers, and health. Cnergyico proposes that in order …
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