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Federal Reserve cuts interest rates for third consecutive time
AMID DIVIDED OPINIONS PSMU MONITORING DESK Washington: The Federal Reserve has implemented a third consecutive interest rate cut, lowering the benchmark federal funds rate to a range of 3.5%-3.75%, in a move aimed at stimulating the U.S. economy. The decision, however, was not without contention, with three dissenting votes on the Federal Open Market Committee […]
Pakistan showcases digital asset ambitions at Bitcoin MENA 2025 Conference
PSMU Monitoring Desk Dubai: Pakistan made a significant impact on the global digital asset stage at the Bitcoin MENA 2025 conference, where Bilal bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), presented the country’s ambitious plans for a structured and globally aligned digital asset ecosystem. Held in Dubai, the event attracted more […]
PSX closes flat amid profit-taking; KSE-100 settles at 169,451.86
ECONOMIC DEVELOPMENTS KEEP INVESTOR SENTIMENT POSITIVE Economic developments around Pakistan’s mining sector contributed to market optimism. The US Export-Import Bank recently approved $1.25 billion in financing for the Reko Diq project, which is expected to boost the mining of critical minerals in the region PSMU Desk KARACHI: The Pakistan Stock Exchange (PSX) closed flat yesterday, […]
ABAD Chairman applauds NAB’s Rs.11.44b recovery
By Syed Uzair Karachi: Chairman of the Association of Builders and Developers (ABAD), Muhammad Hassan Bakhshi, has described the National Accountability Bureau’s (NAB) recovery of Rs. 11,440 billion over the past two years and nine months as a strong example of transparent accountability in the country. He said that NAB’s effective and continuous actions have […]
US EXIM greenlights $1.25bn financing for Reko Diq
BOLSTERING US-PAKISTAN ECONOMIC PARTNERSHIP By Commerce Reporter ISLAMABAD: In a landmark move that bolsters the economic ties between the United States and Pakistan, the US Export-Import Bank (US EXIM) has approved a significant financing package worth $1.25 billion to support the development of the Reko Diq mining project in Balochistan, Pakistan. The financing is aimed […]
Dubai International Chamber opens office in Karachi
TO STRENGTHEN TRADE AND INVESTMENT TIES By Commerce Reporter KARACHI: In a strategic move to bolster trade and investment links between Pakistan and Dubai, the Dubai International Chamber has officially opened a representative office in Karachi. This expansion is part of Dubai’s broader global outreach strategy under the Dubai Global Initiative, which aims to establish […]
Reko Diq’s $7bn financial close marks major boost in Pakistan–US economic ties: Aurangzeb
Pakistan anticipates strong interest from the US, China, GCC and other international investors as the project scales, says Aurangzeb The United States is re-emerging as a pivotal economic partner for Pakistan, underscored by the $7 billion financial close of the Reko Diq project backed by the International Finance Corporation (IFC) and the US EXIM Bank, […]
Pakistan receives $1.2bn from IMF, confirms SBP
Inflows will be reflected in SBP’s liquid reserves to be released on December 12, 2025 The State Bank of Pakistan (SBP) on Thursday said it has received about $1.2 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF). “The IMF Executive Board completed second […]
Sazgar produces 1,357 four-wheelers, 1,742 three-wheelers in November 2025
Sazgar Engineering Works Limited (PSX: SAZEW) produced 1,357 units and recorded sales of 1,109 units for its four-wheelers, including off-road and passenger vehicles, during November 2025. In the three-wheeler segment, SAZEW recorded a production of 1,742 units and sales of 1,749 units in November 2025, the company’s filing on PSX revealed today. FOUR WHEELERS -OFF […]
CCP conducts raids in Lahore over suspected cartelisation
Raids carried out at two industry associations and an advertising agency The Competition Commission of Pakistan (CCP) conducted raids on three Lahore-based entities involved in the out-of-home media advertising market as part of an inquiry into alleged cartelisation, price fixing, and coordinated bid rigging in the sector. In a statement on Thursday, it said the […]
