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Economy
The global economy represents a complex interplay of national economies, characterized by trade, investment, and market dynamics. It's influenced by a myriad of factors including governmental policies, technological advancements, and socio-economic conditions. Current trends focus on digital transformation, sustainability, and economic recovery post-pandemic. Analysts monitor indicators like GDP growth, employment rates, and inflation to forecast economic shifts. Understanding these elements is crucial for stakeholders across all sectors to make informed decisions. The global economic outlook continues to evolve, shaped by emerging markets and innovation, presenting both challenges and opportunities.
As a result of the winter storm, oil prices have risen
Oil prices rose for the fourth day in a row on Thursday, as US crude, heating...
The rupee continues to fall against the US dollar as the IMF, REER, and politics shake the market
The Pakistani Rupee (PKR) was in the red against the US Dollar (USD) today, losing ground...
Govt. purchases 1K acres for ISL model “special economic zone”
The government will purchase 1,000 acres of land for Rs 9.665 billion in order to establish...
Code sharing between PIA and Turkish Airlines generates revenue of Rs2.14 bn
Pakistan International Airlines (PIA) said on Sunday that its partnership with Turkish Airlines has brought in...
Price of gold is approaching Rs. 180,000 per tola
On Tuesday, as the rupee continued to weaken against the US dollar, gold prices in Pakistan...
Pakistan’s plans to down markets early due to the power crisis
As part of the government's nationwide power-saving initiative, it has been determined that stores would close...
Allegedly laundering millions of dollars via cryptocurrency, a Pakistani trader is being investigated
The first cryptocurrency-based money laundering case in the province has been the subject of an investigation...
Near $1bn in fuel is imported into Pakistan through a Saudi oil facility
In the first five months of the current fiscal year 2022–23, Pakistan bought petroleum products worth...
PSX drops more than 1,100 points as investors fear political uncertainty
As stocks experienced a panic-stricken selling binge during the early hours of trade on Tuesday amid...
50% of all gold reserves in exchange, Barrick settles the Reko Diq case with Pakistan
Following a favorable ruling from Pakistan's Supreme Court and the passage of the necessary laws, Barrick Gold...
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