Heatwave and Water Shortages Threaten Pakistan’s Cotton Industry
Intense heat, dry weather, and water shortages damage crops in key growing regions, driving up cotton prices and disrupting textile supply chains.
Tag
Inflation
PSX experiences sharp decline amid Middle East tensions and oil prices surge
Pakistan Stock Exchange experiences sharp decline due to US-Iran conflict and oil price surge.
Japan’s 10-Year JGB Yield Rises Amid GPIF Strategy Uncertainty
Japan's 10-year government bond yield increased by 3 basis points as market reacts to potential changes in the Government Pension Investment Fund’s…
Copper Prices Fall Amid Middle East Tensions
Copper and other industrial metal prices fell as fighting between the U.S. and Iran escalated, reigniting inflation fears.
Gold prices fall as oil surges amid Strait of Hormuz tensions
Spot gold drops over 1% due to fears of Strait of Hormuz closure, while oil prices surge and traders anticipate a September…
Pakistan Achieves Macroeconomic Stability, Ahsan Iqbal Tells Diaspora
Federal Minister Ahsan Iqbal announces macroeconomic stability, inflation control, and export growth during a visit to the Pakistani diaspora in New York.
Government Delay in Price Hike Causes Medicine Shortages
Over 100 essential medicines are running short due to a two-year delay in price approval, raising concerns about counterfeit drugs.
Japanese stock market declines amid rising oil prices
Japan's Nikkei share average declines 1.12% as investors worry about increased costs from higher oil prices and earnings season pressures.
Australian Shares Decline Amid Middle East Tensions
Australian shares fell as rising tensions in the Middle East pushed oil prices higher and dampened market sentiment.
Asian shares fall as oil prices rise
Oil prices increase in response to Gulf conflict, leading Asian stock markets to fall.
Oil prices surge as military strikes threaten Strait of Hormuz
Brent crude futures climbed over 4% amid renewed U.S.-Iran military strikes and concerns over energy shipments via the Strait of Hormuz.
PSX Plummets as KSE-100 Falls 2,215 Points on Intraday Trade
The Pakistan Stock Exchange (PSX) opened the week in negative territory with a significant drop of 2,215.27 points due to renewed military…
LPG Traders Issue Ultimatum to Government Over Price Crisis
Pakistan’s LPG industry gives government three days to address price and security issues or face nationwide strike.
KSE-100 Plummets as Geopolitical Tensions Grip Markets
Pakistan's KSE-100 Index drops nearly 2,300 points as geopolitical tensions between the US and Iran cause widespread selling across key sectors.
Government delay on medicine pricing hikes shortage, risks counterfeits
The federal cabinet's delayed decision on price revisions for essential medicines has led to a critical shortage and increased risk of counterfeit…
US Stocks Face Turbulent Week Amid Earnings Reports and Iran Tensions
Investors face a turbulent week with earnings reports from major banks, key economic data releases, and ongoing tensions between the US and…
Otsuka Pakistan Limited Reports Year-on-Year Growth in Topline and Gross Margin
OTSU's topline grew by 14.34% year-on-year to Rs.2546.28 million in 2021, with gross margin climbing from 26.90% to 33.20%. The company increased…
Otsuka Pakistan Limited Reports Year-on-Year Growth in Topline and Gross Margin
OTSU reported a 14.34% growth in topline, with gross margin increasing from 26.90% to 33.20% year-on-year.
Flour Prices Cut by Rs8 per Kilogram in Karachi
Mill owners in Karachi have agreed to reduce the ex-mill price of wheat flour by Rs8 per kilogram, providing immediate relief to…
Fuel price hike drives up food costs in Peshawar
Peshawar experiences sharp increase in flour, chicken, vegetable and fruit prices following fuel rate rise.