Pakistan stock market has been bleeding since the Pahalgam terror attack on April 22. (AI image) Operation Sindoor has spooked the Pakistan stock market! A day after India launched missile strikes on terrorist facilities in Pakistan and Pakistan occupied Kashmir, the Pakistan stock market index KSE 100 crashed over 6%, resulting in trading coming to…
Even as India was gearing up to use its military to strike at Pakistan this week, calling it revenge for a terrorist strike in Kashmir last month, the government was pursuing other forms of power projection as well: bloodless and more refined, and mostly aimed at Pakistan’s economic vulnerability. On Friday, May 9, the executive…
S&P expressed confidence in India’s continued robust economic growth. (AI image) S&P Global Ratings on Thursday said that the ongoing conflict between India and Pakistan poses increased risks to both nations’ credit metrics, with potential sovereign credit support deterioration if tensions escalate. While maintaining India’s rating at ‘BBB-‘ with a positive outlook and Pakistan’s at…
A year ago, the world’s biggest automaker was on a tear. American consumers were snapping up Toyota Motor’s hybrids, and a weak yen inflated the value of the company’s earnings. That May, Toyota reported the highest annual profit ever recorded by a Japanese firm. On Thursday, Toyota presented a significantly more somber outlook, projecting that…
Gold, which serves as a protection against economic and political uncertainty, typically shows positive performance when interest rates are low. (AI image) Gold rate today: Gold prices in India declined on Thursday despite global prices rising after the U.S. Federal Reserve highlighted concerns about increasing inflation and employment market challenges.Indian market participants remained wary before…
There has been a mantra spreading among weary corporate executives who are becoming resigned to President Trump’s tariffs while still hoping to avoid the worst of their effects: Ten percent is the new zero. The statement refers to the 10 percent tariff that Mr. Trump put in place on most U.S. imports one month ago….
US President Donald Trump is expected to announce a “major” trade deal with a “big, and highly respected country” today in what he described as the “first of many” agreements to come.Though the country has not been officially revealed, many US media houses like New York Times and Politico are speculating the deal to be…
President Trump’s desire to “make Hollywood great again” by wielding his preferred economic weapon — tariffs — has sent a shiver through Britain’s film industry. British producers, camera workers, costume designers and other film crew woke up Monday to Mr. Trump’s message that he wanted to impose 100 percent tariffs on films made in “foreign…
MCX Gold has been exhibiting a strong bullish trend. (AI image) Gold and silver price prediction: Gold and silver prices have been touching new highs as geopolitical uncertainties weigh on investors’ minds around the world. What’s the outlook on gold and silver and what should investors do? Abhilash Koikkara, Head – Forex & Commodities, Nuvama…
As central bankers weigh the possibility of President Trump’s tariffs reigniting inflation, major companies are foreshadowing price increases and warning that shoppers are tightening their wallets. Executives at several companies that sell popular consumer products, like toys and wet wipes, this week pointed to signs of a pullback in spending. The comments came against a…
