NEW YORK: The rout in emerging-nation assets spread to developed markets, as stocks tumbled around the world and demand for havens spiked on intensifying concern that global growth is slowing.
Kazakhstan became the latest country to stop defending its currency, as developing nations struggle to overcome plunging prices for commodity exports. The selloff spread to U.S. equities, wiping out the Standard & Poor’s 500 Index’s gain for 2015 as investors sought the safety of gold and Treasuries.
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved Rs2.37 per unit hike in electricity tariff under the monthly...
ISLAMABAD: Ambassador of the Republic of Türkiye to Pakistan, Dr. İrfan Neziroğlu, has called for transforming the longstanding brotherly relations...
GILGIT: Gilgit-Baltistan Chief Minister Amjad Hussain Azar has launched an online registration system allowing local traders to apply for tax...
ISLAMABAD: The threat of artificial intelligence (AI)-powered cyberattacks against Pakistan’s financial institutions and critical infrastructure is increasing, prompting the National...
