Asian stocks surged and the dollar meandered on Monday as signs of easing trade tensions between China and the U.S. buoyed risk appetite, in a strong start to a week that will be headlined by central bank meetings and megacap earnings. Top Chinese and U.S. economic officials hashed out on Sunday the framework of a trade deal for U.S. President Donald Trump and his Chinese counterpart Xi Jinpin
MCB Islamic Bank has officially launched its all-new mobile banking application, “SUBUK”, marking a major milestone in the Bank’s digital transformation journey. Designed to redefine how customers experience Islamic banking, SUBUK offers enhanced convenience, reliability, and security empowering users to manage their finances seamlessly anytime, anywhere. Developed with a customer-first appr
The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has cautioned that Pakistan and Iran’s latest commitment to enhance border infrastructure and expand bilateral trade will remain largely symbolic unless both governments act decisively to remove deep-rooted trade barriers, complete the long-delayed Iran–Pakistan gas pipeline, and introduce genuine s
Gold prices fell on Monday, as a stronger dollar and signs of easing U.S.-China trade tensions weighed on the safe-haven metal, while investors awaited major central bank meetings due later this week for monetary policy cues. Spot gold was down 0.7% at $4,082.77 per ounce, as of 0158 GMT. U.S. gold futures for December delivery lost 1% to $4,095.80. The U.S. dollar rose to a more than two-we
Nepra’s revised Multi-Year Tariff (MYT) determination for K-Electric (KE) puts the government’s privatisation agenda at risk, while also adversely affecting Karachi’s stability, stated energy experts and industrialists on Saturday during a webinar organised by the Policy Research Institute of Market Economy (PRIME) titled ‘Karachi’s Energy Security: Challenges & Opportunities’. The session was mod