Banking sector led the gain on Monday as a mixed trend was witnessed at the wider Pakistan Stock Exchange (PSX) with the benchmark KSE-100 closing above 98,000 for […]
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Nikkei ends higher as investors assess US data – Markets
TOKYO: Japan’s Nikkei share average ended higher on Monday as local investors found comfort from recent US data that signalled strong business activity in the world’s largest economy. […]
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India bond yields to track US rates; downside largely capped – Markets
MUMBAI: Indian bond yields are likely to open little changed on Tuesday following the dip in the previous session, with traders keeping an eye on US Treasury yields. […]
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Steady Yields As India Awaits Key Economic Indicators
What’s going on here? Indian government bond yields stayed consistent as investors eagerly await crucial economic data from both India and the US, hinting at possible interest rate […]
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SBP eliminates minimum profit rate requirement for corporates
The State Bank of Pakistan’s (SBP) old building in Karachi. — AFP/File KARACHI: The central bank on Tuesday removed the minimum deposit rate (MDR) for deposits held by […]
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A day after bloodbath, PSX snaps up nearly 4,700 points in vengeance rally
Two investors can be seen discussing in front of the digital stock board at the Pakistan Stock Exchange. — AFP/File PTI ends protest after crackdown; investor confidence rebounds. […]
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PSX sees highest-ever single-day gain; 100-Index up by 4,600 points – Business
Shares at the Pakistan Stock Exchange (PSX) bounced back in style on Wednesday, climbing more than 4,600 points and posting its highest-ever single-day gain, just a day after […]
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India bond yields may nudge higher; US inflation data awaited – Markets
MUMBAI: Indian government bond yields may inch up on Wednesday, tracking a slight uptick in US rates ahead of key inflation data and expectations of limited downside for […]
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Japan’s Nikkei ends lower on Trump’s tariff pledge, stronger yen
Japan’s Nikkei share average ended lower on Wednesday, with automakers leading the losses, amid concerns about the impact of U.S. President-elect Donald Trump’s tariff pledges and a stronger […]
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Islamic Banks' Profits to Come Under Pressure Due to New SBP Requirements
In a recent directive issued by the State Bank of Pakistan (SBP), IFPD Circular No. 09 of 2024, the profit-sharing mechanism for savings deposits held by