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Economy

GCC banks cut rates in sync with Fed

Banks across the GCC — including in Saudi Arabia, Qatar, Bahrain, and the UAE — have mirrored the US Federal Reserve's rate cut, with interest rate reductions aiming to bolster credit-driven growth in the Gulf.

Economy

پاکستان اسٹاک مارکیٹ میں زبردست تیزی، 93,000 پوائنٹس کی ریکارڈ سطح عبور کرلی

پاکستان سٹاک مارکیٹ میں کاروباری ہفتہ کے آخری روز بھی زبردست تیزی، 100 انڈکس نے 93,000 ریکارڈ پوائنٹس کی سطح عبور کرلی۔ سٹاک مارکیٹ 400 سے زائد پوائنٹس اضافہ کیساتھ 93,000 پوائنٹس کی سطح عبور کرگئی۔

Emirates

UAE aligns with Fed’s rate cut, cuts Base Rate to 25 basis points

The UAE cuts its base rate following the Fed's recent move, aligning policies to tackle inflation while maintaining short-term lending flexibility. This decision signals UAE’s adaptive approach to global economic shifts.

America Decides 2024

Tesla, banks, and oil soar, renewables dip on Trump win

U.S. election fuels stock shifts as banking, Tesla, and oil gain, while renewables dip amid policy concerns. A Trump victory reshapes investor priorities and impacts global markets.

America Decides 2024

Putin backs Trump presidency, open to U.S. reset

Russian president Vladimir Putin has lauded U.S. president-elect Donald Trump’s resilience during an assassination attempt, and signalled Moscow’s readiness for renewed U.S.-Russia dialogue, with cautious optimism on Ukraine.

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