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Pakistan Stocks Rally as KSE-100 Jumps Over 700 Points

Pakistan Stocks Rally as KSE-100 Jumps Over 700 Points

In a recent turn of events, the Pakistan stock market has witnessed an impressive rally as the KSE-100 index surged over 700 points, reaching a notable 48,510.35 points. This surge has ignited optimism among investors

Joe Biden: China a ‘ticking time bomb’ because of economic woes

Joe Biden: China a ‘ticking time bomb’ because of economic woes

The President of the United States, Joe Biden, has called the People's Republic of China a “ticking time bomb in many cases” because of its economic problems and challenges.  The US President said that China

North Korea’s Kim Jong Un fires top general, orders military to prepare for war

North Korea’s Kim Jong Un fires top general, orders military to prepare for war

Kim Jong Un, the Supreme Leader of North Korea, has fired his top general and ordered his army to be prepared for war, as reported by state media. Gen. Pak Su Il, a North Korean

 New York Street Honors Allama Iqbal with ‘Allama Iqbal Avenue’

 New York Street Honors Allama Iqbal with ‘Allama Iqbal Avenue’

  A street in New York has received a special designation as "Allama Iqbal Avenue," paying tribute to the renowned philosopher, poet, and visionary from Pakistan, Allama Muhammad Iqbal. This honor recognizes his contributions to

IMF predicts Pakistan’s economy to recover in FY21

IMF predicts Pakistan’s economy to recover in FY21

The International Monetary Fund (IMF) on Friday said that it expects Pakistan’s economy to recover in the next year mainly due to government-led interventions to reopen businesses and industries.  It said “a gradual recovery is

SBP announces surprise 100 basis point rate cut

SBP announces surprise 100 basis point rate cut

The State Bank of Pakistan (SBP), in a surprise monetary policy committee (MPC) meeting on Thursday, cut the interest rate by 100 basis points to seven per cent.  Thursday’s cut is fifth in the last

IMF lowers economic growth forecast for pakistan

IMF lowers economic growth forecast for pakistan

The International Monetary Fund (IMF) on Wednesday forecast Pakistan’s growth rate to clock in at -0.4 per cent in the ongoing fiscal year before rising to 1pc in the next.  The IMF’s June World Economic