Banking
Asian chip firms lifted by Nvidia forecast but broader markets struggle
In a highly anticipated report, the world's most valuable company shattered forecasts by unveiling revenues more than doubled on-year in the second quarter and said it expected another blowout in July-September.
August 27, 2026
Oil prices rise as Trump rejects Iran’s Middle East peace proposal
Oil prices rise after President Donald Trump rejects Iran’s conditions to end the Middle East conflict, increasing fears of prolonged instability and possible disruptions to crude shipments through the Strait of Hormuz.
May 11, 2026
Gold, silver prices dip after Trump names new Federal Reserve nominee
Markets shifted after Trump named new Federal Reserve chair nominee, with prices of precious metals lowering and European stocks lifting.
January 30, 2026
Pakistan’s central bank cuts policy rate by 50bps to 10.5% in surprise move
The central bank surprisingly cut the policy rate, breaking with market forecasts. The prime minister welcomed the decision, citing economic growth.
December 15, 2025
Pakistan cuts public debt by $4.8 billion in largest 6-year drop
This was the first quarterly decline in nearly six years, with the last drop occurring in December 2019.
November 17, 2025
Iran declares major lender bankrupt
The bank had recently been crippled by debt, with accumulated losses amounting to the equivalent of about $5.2 billion and roughly $2.9 billion in debts.
October 26, 2025
In the age of digital trade, why are developing countries turning to barter?
Developing nations like Pakistan, Iran, and Russia are reviving barter trade as a strategic workaround to bypass dollar dependence, financial sanctions, and restricted global banking access.
October 19, 2025
Cashless Pakistan: A nation's ambitious leap toward transparency
Pakistan’s digital payment push aims to boost digital transactions by 2026 through government-private cooperation, improving transparency, tax reform, and financial education.
October 17, 2025
Euro zone bond yields hit multi-month lows amid US, China trade tensions
Euro zone government bond yields fell to multi-month lows on Friday as US-China trade tensions and signs of credit stress in the US banking system weighed on risk sentiment, driving investors into safe-haven assets.
October 17, 2025