The nuclear-armed neighbours have been locked in conflict since Wednesday, when India targeted multiple “terrorist infrastructure” locations in Pakistan in response to a deadly attack in India Kashmir last month. Pakistan retaliated, and the countries have exchanged cross-border attacks since. The Nifty 50 (.NSEI), opens new tab fell 1.1% on Friday but closed above the […]
After a recent central bank decisions bonanza, this week only has the minutes of a few of those meetings, while there are no Federal Reserve speeches and U.S. data is secondary. The main market themes remain largely the same, with the dollar underpinned by a relatively strong economy and higher bond yields, which in turn […]
The U.S. central bank is expected to cut rates by a quarter of a percentage point at its Dec. 17-18 meeting, which will also provide an updated look at how much further Fed officials think they will reduce rates in 2025 and perhaps into 2026. The Fed’s decisions impact monetary policy in the Gulf, where […]
It touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin’s record high is $68,999.99 set in November 2021. The largest cryptocurrency by market value has gained 50% this year and most of the rise comes in the last few weeks where […]
A social media user named Haseeb Sohail has revealed that Pakistan Post employees have been selling customer’s parcels in the market. He shared his story on his Facebook account. Haseeb posted, “I order many items on Ali Express, China, and expect it to be delivered at my home address without tampering or stealing. I have […]
