Could 08, 2025 (MLN): The US and Britain are anticipated to announce a deal to decrease tariffs on some items on Thursday, the primary such settlement since U.S. President Donald Trump imposed levies on international locations around the globe. Trump posted on Reality Social that he would maintain an Oval Workplace information convention at 10 a.m.…
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Photograph: Kevin Dietsch (Getty Pictures) The Federal Reserve stated Wednesday that it might maintain rates of interest regular at 4.25-4.5%, because the central financial institution continues to work to stability persistent inflation considerations with indicators of a slowing U.S. financial system. Whereas inflation has cooled from its 2022 highs, current information hasn’t offered ample assurance…
Might 07, 2025 (MLN): Pakistan’s macroeconomic reform agenda was the main focus of a gathering as we speak between the Finance Minister of Pakistan and senior executives of Deutsche Financial institution on the Pakistan Excessive Fee in London, the place they mentioned potential alternatives for enhanced monetary cooperation. Throughout the assembly, the Finance Minister supplied an…
Could 07, 2025 (MLN): The State Financial institution of Pakistan (SBP) performed an public sale on Wednesday during which it bought Pakistan Funding Bonds (PIBs) price Rs299.52 billion in opposition to the goal of Rs300bn. Reduce-off yields stood at 11.79% (-15bps) for 2-year, 11.69% (-19bps) for 3-year, 12.14% (-20bps) for 5-year, and 12.59% (-20bps) for…
Might 07, 2025 (MLN): The benchmark KSE-100 Index concluded Wednesday’s buying and selling session at 110,009.02, displaying a lower of three,559.48 factors or 3.13%. This panic promoting occurred primarily as a consequence of the heightened tensions on the Pakistan-India border, with reviews indicating that India had attacked Pakistani territory. The index traded in a spread of 5,449.69…
Might 07, 2025 (MLN): Gold value in Pakistan elevated on Wednesday, with pure gold being offered at Rs356,900 per tola, up Rs800. Equally, pure gold per 10-gram was offered at Rs305,984 after a achieve of Rs684, in keeping with charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation (APGJSA). The value of 22-karat gold…
Could 07, 2025 (MLN): The Competitors Fee of Pakistan (CCP) has granted approval for the 100% acquisition of Trax On-line (Pvt.) Ltd. by Safe Logistics Group Ltd. below a Share Buy Settlement. The pre-merger software was submitted by each events in accordance with the Competitors Act, 2010. CCP's evaluation recognized the related product market as Courier…
Might 07, 2025 (MLN): The Securities and Change Fee of Pakistan (SECP) has convened an emergent assembly to evaluate the state of affairs within the wake of geopolitical pressure within the area. To protect market stability and investor confidence throughout this time, the SECP reaffirmed its dedication to make sure continuity in capital market operations. The…
Flags with the logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss therapies Ozempic and Wegovy are photos whereas the corporate presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. Mads Claus Rasmussen | Afp | Getty Photos Shares of Novo Nordisk climbed 5% on Wednesday after…