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Business
UN Economist Warns of 3% Drop in Global Trade Due to US Tariffs
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United Nations: Global trade could contract by three percent following the United States' latest tariff measures, which may ultimately reshape international supply chains and foster untapped regional trade ties, a senior UN economist…
Samsung Under Pressure as US Tariffs Rattle South Korean Economy
AFP/APP
Vietnam: Sipping tea during her break outside a Samsung Electronics factory in northern Vietnam, worker Nguyen Thi Mai said she had heard about US President Donald Trump's tariffs, but hoped they would not affect business.…
Currency Rates Of NBP
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Karachi: Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday.
CURRENCY SELLING BUYING
USD …
Currency Rates Of NBP
APP
Karachi: Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Tuesday.
CURRENCY SELLING BUYING
USD 283.76…
Stocks Sink Again as Trump Holds Firm on Tariffs
AFP/APP
New York: Stock markets and oil prices slumped further on a black Monday for markets as US President Donald Trump stood firm over his tariffs despite recession fears.
Trading floors across the globe experienced waves of further…
Foreign Exchange Rates
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Karachi: The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Monday.
CONVERSION RATES FOR APRIL 07, 2025 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR…
Tesla Sales Slump as Pressure Piles on Musk
AFP/APP
New York: Tesla's worldwide sales tumbled in the first quarter, piling further pressure on CEO Elon Musk, who faces a growing backlash for his role in overseeing US federal spending cuts under President Donald Trump.
Musk's…
Foreign Exchange Rates
APP
Karachi: The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Monday.
CONVERSION RATES FOR APRIL 03, 2025 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR…
OpenAI Raises $40 Billion at $300 Billion Valuation
AFP/APP
San Francisco: OpenAI announced on Monday that it has raised $40 billion in a new funding round, valuing the ChatGPT maker at $300 billion—marking the largest capital-raising session ever for a startup.
The infusion of cash…
Rupee Gains Slightly Against US Dollar
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Islamabad: The Pakistani Rupee gained five paisas against the US Dollar in interbank trading on Friday, closing at Rs 280.16, compared to the previous day's Rs 280.21.
According to the Forex Association of Pakistan (FAP), the…