Bitcoin, the world’s biggest and best-known cryptocurrency, has more than doubled this year. It was last at $92,104 in Asian hours on Wednesday, having touched a record high of $94,078 just toward the end of the previous session. The Financial Times, citing two people with knowledge, said Trump Media and Technology Group (DJT.O), opening a […]
The data showed that the inflows of remittances during October were recorded at US$ 204 million as compared to US$ 168 million in September and US$ 165 million in August 2024, according to the latest data released by the State Bank of Pakistan (SBP). These accounts provide innovative banking solutions to millions of Non-Resident Pakistanis […]
The reforms, introduced last year, include the Opportunity Card, a points-based system modeled after Canada’s approach. It allows skilled workers and university graduates from non-EU states to enter Germany, study, and seek work without needing prior qualification recognition. How have the reforms worked out? Interior Minister Nancy Faeser said that the Opportunity Card has simplified […]
The greenback climbed above 156 yen for the first time since July. The euro slumped to its weakest since Nov. 2023 at $1.0546 and sterling hit its lowest on the dollar in three months at $1.2683. Higher trade tariffs and tighter immigration under the incoming Trump administration are projected to fuel inflation, potentially slowing the […]
Brent crude futures were down 6 cents, or 0.08%, at $72.22 a barrel by 0133 GMT. U.S. West Texas Intermediate crude (WTI) futures were down 13 cents, or 0.19%, at $68.30. The U.S. Energy Information Administration has slightly raised its expectation of U.S. oil output to an average of 13.23 million barrels per day this […]
According to sources, if approved, petrol prices will reach Rs. 250.96 per liter, while high-speed diesel will cost Rs. 261.05 per liter. Sources revealed that the proposed hike is attributed to the high premium on petroleum products in the global market and increased import costs. The premium on imported petroleum products has risen, prompting the […]
Under the agreement, the national flag carrier will provide travel facilities to thirty-five thousand pilgrims who will perform Hajj 2025 under the government scheme. According to the spokesperson of the Ministry of Religious Affairs, agreements with Saudi Airlines and other domestic airlines will also be finalized soon. Pakistan’s Hajj Policy 2025 clearly states that the […]
The electric automaker’s shares jumped 8.2% to $321.22, catapulting the company’s valuation above the trillion-dollar mark for the first time in more than two years. The stock gained 29% this week, adding more than $230 billion in market capitalization, its best since January 2023. “Tesla and CEO Elon Musk are perhaps the biggest winners from […]
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 277.30 and Rs 278.80 respectively. The price of the Euro increased by 03 paise to close at Rs 298.94 against the last day’s closing of Rs 298.91, according to the State […]
In a statement issued here, the central bank said that in terms of growth during September 2024, remittances increased by 24 percent on a year-on-year basis The SBP stated that the remittances inflows during October 2023 were recorded at $2.5, whereas in October 2024 it increased by 7 percent from September 2024. Earlier, Prime Minister […]
