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…
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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…
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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…
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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…
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