An general image of the Reko Diq mines in Balochistan. — APP/File$100bn initiative includes projects in Egypt and Europe.Investment aligns with President Trump’s energy agenda.Bank aims to secure supply chains for critical minerals.The US Export-Import Bank has announced…
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Gold posts highest single-day gain to zoom past Rs550,000 mark in Pakistan
A representational image of gold jewellery. — Reuter/FileTen grammes gold rises to Rs472,961.Silver rate increases by Rs271 per tola.International gold hits $5,300 per ounce.
Gold price in Pakistan soared to a record high on Wednesday, registering the highest single-day…
Moody’s changes Pakistan banking outlook to stable from positive
Signage is seen outside the Moody’s Corporation headquarters in Manhattan, New York, US, November 12, 2021. — ReutersOperating environment improving, but only gradually.Asset quality and profitability challenges remain.Banks’ performance seen stable over 12-18 months.
Moody’s…
Shares skid, oil surges above $100 a barrel as Iran attacks Gulf shipping
A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. — ReutersNikkei off 1.5%; Wall St, European futures in the red.Bond yields climb, market pares back bets for Fed cuts.Euro, yen under pressure, dollar shines.
Shares in Asia fell…