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Home / Economy

Economy

Latest news and updates from this category.

US Federal Reserve Holds Interest Rates Steady to Balance Inflation and Growth Amid Global ShiftsEconomy
Jun 29, 2026By Ali Raza Sheikh

US Federal Reserve Holds Interest Rates Steady to Balance Inflation and Growth Amid Global Shifts

The US Federal Reserve has voted to keep its benchmark interest rate unchanged at 4.25% to 4.50%, citing the need for mo...

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Overseas Pakistanis Send Record Money Home, Boosting National Reserves and Defying Economic OddsEconomy
Jun 29, 2026By Ali Raza Sheikh

Overseas Pakistanis Send Record Money Home, Boosting National Reserves and Defying Economic Odds

Overseas Pakistanis have sent a record-breaking $3.5 billion in remittances in June 2026, providing a massive boost to t...

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Pakistan Stock Exchange Crosses 100,000 Points in Historic Rally as Investor Confidence SoarsEconomy
Jun 29, 2026By Ali Raza Sheikh

Pakistan Stock Exchange Crosses 100,000 Points in Historic Rally as Investor Confidence Soars

The Pakistan Stock Exchange (PSX) achieved a historic milestone as the KSE-100 index crossed the 100,000 points mark for...

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IMF Unlocks Fresh Funds for Pakistan as Economy Shows Green Shoots and Strict ComplianceEconomy
Jun 29, 2026By Ali Raza Sheikh

IMF Unlocks Fresh Funds for Pakistan as Economy Shows Green Shoots and Strict Compliance

The International Monetary Fund (IMF) has approved the release of a $1.2 billion tranche for Pakistan after the country ...

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Pakistan's Tech Wizards: IT Exports Smash $5 Billion Record in Fiscal Year 2026Economy
Jun 29, 2026By Ali Raza Sheikh

Pakistan's Tech Wizards: IT Exports Smash $5 Billion Record in Fiscal Year 2026

Pakistan's Information Technology sector has achieved a historic milestone by crossing $5 billion in exports for the fis...

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State Bank of Pakistan Slashes Interest Rates to Spark Economic Growth and Ease BorrowingEconomy
Jun 29, 2026By Ali Raza Sheikh

State Bank of Pakistan Slashes Interest Rates to Spark Economic Growth and Ease Borrowing

The State Bank of Pakistan announced a historic 200 basis point cut in its policy rate, bringing it down to 16.5 percent...

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Middle East Conflict Deepens Chaos: Global Shipping and Energy Markets Face Severe DisruptionsEconomy
Jun 24, 2026By Ali Raza Sheikh

Middle East Conflict Deepens Chaos: Global Shipping and Energy Markets Face Severe Disruptions

Escalating conflict in the Middle East is causing severe disruptions to global shipping routes and energy markets, forci...

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AI’s Insatiable Energy Appetite is Forcing a Terrifying New Global Race for PowerEconomy
Jun 24, 2026By Ali Raza Sheikh

AI’s Insatiable Energy Appetite is Forcing a Terrifying New Global Race for Power

The explosive growth of Artificial Intelligence is causing a massive spike in global electricity demand, forcing tech gi...

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Kevin Warsh’s Tenure at the Federal Reserve Begins: What It Means for Global Inflation and Your WalletEconomy
Jun 24, 2026By Ali Raza Sheikh

Kevin Warsh’s Tenure at the Federal Reserve Begins: What It Means for Global Inflation and Your Wallet

Kevin Warsh's tenure at the US Federal Reserve began on June 18, 2026, signaling a hawkish approach to global monetary p...

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Global Trade Restrictions Surge as Nations React to Unfair Practices by US and ChinaEconomy
Jun 24, 2026By Ali Raza Sheikh

Global Trade Restrictions Surge as Nations React to Unfair Practices by US and China

Driven by unfair trade practices from the US and China, governments worldwide are implementing severe trade restrictions...

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