KARACHI: The central bank has reported that Pakistan has to pay $27.47 billion in foreign debt and interest cost over one year till the end of November 2024 and arrangements have already been made to pay a large proportion of the debt under the IMF loan programme. Talking to The Express Tribune, Optimus Capital Management…
Read More “Govt set to pay $27.5b debt by Nov | The Express Tribune” »
PESHAWAR: Having to choose between enrolling one’s child in school or paying for the successive chemotherapy sessions of an ailing parent is an undeniably poignant situation for any household however, the nightmarish imagining might soon become a familiar reality for many destitute families across Khyber-Pakhtunkhwa (K-P) in the coming year, who in the absence of…
Read More “Health or wealth?: Unaffordable healthcare to crush patients | The Express Tribune” »
KARACHI: Businesspeople have expressed grave concerns and fretted about rising extortion slips and the targeted killing of traders, demanding that the government and law enforcement agencies take action against criminals spreading terror in north Karachi, Kharadar, Mithadar, Korangi, and other areas. Speaking to The Express Tribune, they highlighted that those running Small and Medium-sized Enterprises…
Read More “‘Extortion plaguing Karachi industries’ | The Express Tribune” »
ABBOTABAD: The Hazara division is presently experiencing a severe cold wave and dry weather, triggering a health crisis marked by a surge of respiratory ailments such as influenza, colds, fever, and coughs. The spread is attributed to an extended period of dry weather, affecting nearly every other person in the area. Owing to the escalating…
Read More “Cold wave sparks health concerns in Hazara | The Express Tribune” »
KARACHI: Experts and regulators in the banking sector have called for widespread dissemination of awareness and technological solutions among customers and local people regarding social engineering frauds in the digital age to curb them. They made this call while addressing participants at a one-day conference titled “Financial Crime in the Digital Age”—addressing the growing threats…
Read More “‘Social engineering is a real threat’ | The Express Tribune” »
KARACHI: As deaths due to Naegleria fowleri, also referred to as brain-eating amoeba, in Karachi, enter into the double digits, there is a growing concern amongst the populace that, just like other recurring diseases such as dengue and malaria, the provincial government will fail to curb its spread and prevent it from becoming a regular…
Read More “Brain-eating amoeba rears its ugly head again | The Express Tribune” »
KARACHI: Pakistan Stock Exchange (PSX) has introduced “online only broker” category by inviting all entrepreneurs including start-ups and fintechs to apply for low-cost trading rights and licensing. The settlement of trades through the online only broker will be done by an e-clearing company as the new stockbroker category will end physical interaction. In a notification…
Read More “PSX invites entrepreneurs for low-cost trading rights | The Express Tribune” »
NEW YORK: Growing volatility in US stocks is driving a search for defensive assets, though investors may have fewer places to hide this time around. Wall Street’s most closely-watched measure of investor nervousness, the Cboe Volatility Index, on Friday hit its highest in nearly seven months, as the S&P 500 slid for the week. The…
Read More “Wall Street investors seek shelter | The Express Tribune” »
KARACHI: The price of gold has dropped sharply in the domestic market in the wake of stern action against the mafia involved in illegal activities. Since the crackdown on illicit trade, the price of gold has come down by a whopping Rs27,000, reaching Rs188,000 per tola. The local gold pricing body has not been releasing…
Read More “Crackdown pulls down gold price sharply | The Express Tribune” »
KARACHI: The central bank on Monday announced that the key policy rate – the cost of banks’ lending – would remain unchanged at 22 per cent. Notably, in its first meeting after a new loan programme by the IMF, the SBP was scheduled to review its key policy rate today. It was to assess whether it…
Read More “SBP keeps key policy rate unchanged at 22% | The Express Tribune” »
