Economy

AFP/APP New York: Wall Street stocks shot higher Wednesday afternoon after Federal Reserve Chair Jerome Powell said the central bank is "unlikely" to raise interest rates. Major indices were up about one percent or more after Powell…

APP Islamabad: The 100-Index of Pakistan Stock Exchange (PSX) turned around to bullish trend on Wednesday, gaining 692.49 points, a positive change of 0.97 percent, closing at 72,051.89 points against 71,359.41 points the previous…

AFP/APP Tokyo: Tokyo stocks opened higher on Wednesday after Wall Street rose for a second straight session on good corporate earnings. The benchmark Nikkei 225 index was up 1.04 percent, or 388.86 points, at 37,941.02 in early trade,…

Xinhua/APP Beijing: The ongoing heavy rain in south China is expected to subside from Monday, according to the country's national observatory. However, rainfall is forecast to continue over the coming three days across the southern…

APP New York: Ambassador Munir Akram, serving as co-chair of the Group of Friends of Sustainable Infrastructure Investment, emphasized the imperative for infrastructure connectivity to bolster global resilience and advance sustainable…

Shazia Mehboob Islamabad: The spring meetings of the International Monetary Fund (IMF) and the World Bank are set to commence with a focus on two critical issues: combating climate change and addressing the challenges faced by heavily…

Sabir Khan Peshawar: Which one is first, power or politics? It is one of the most puzzling questions. Before discussing power, human nature needs to be examined. Human nature has some traits that affect and establish his behavior…

AFP/APP  Washington: US consumer inflation continued to accelerate last month, according to government data published Wednesday, reducing the chances of an early interest rate cut from the Federal Reserve in a tense election year. …

AFP/APP  New York: Global equities were mixed Monday at the start of a busy week that will feature a eurozone interest rate decision, the kickoff of earnings season, and key US inflation data. After a positive round in most Asian…

AFP/APP Hong Kong: Asian stocks tumbled Friday, and oil extended the previous day's surge on worries that Israel's war with Hamas could widen to a regional conflict with Iran as both sides ratcheted up tensions. The threat of regional…