Articles for tag: business , buying , CY26 , higher , Latest , macros , PSX , push

Staples, Energy push SPI by 3.2%

KARACHI: The Sensitive Price Index (SPI) for the week ending 8 January 2026 rose 3.20% year-on-year (y-o-y), underscoring continued pressure on household budgets amid persistent food and energy inflation. The SPI, which tracks the weekly price movements of 51 commodities in 50 markets in 17 cities, is a key gauge of short-term inflation trends. On a week-over-week (WoW) basis, the SPI rose 0.12%, reflecting broad-based price increases across consumption quintiles. WoW inflation was marginally higher for the lower and middle income groups: Quintile 1 (0.12%), Q2 (0.13%), Q3 (0.13%) and Q4 (0.13%), while the highest income quintile – Q5 –

January 6, 2026

US strikes on Venezuela push markets to shelter-in-place

Gold, silver wave in global turmoil. The price of the local yellow metal soars to Rs 9,200/tola At current prices, the looted gold is worth about $70 million. PHOTO: PIXABAY KARACHI: Gold prices in Pakistan rebounded significantly on Monday, buoyed by strong gains in the international gold market amid heightened geopolitical tensions following a dramatic event in which the US launched airstrikes in Venezuela and kidnapped President Nicolas Maduro. As a result, there has been increased demand for safe-haven assets such as gold, which has positively impacted the investment sentiment in the market. According to the prices published by the

December 31, 2025

Government policies push inflation to 4.5%: MM

Prime Minister Shehbaz Sharif said on Wednesday that inflation had fallen sharply from 29.2 percent to 4.5 percent in the past two years, crediting his government’s economic measures. Addressing a ceremony in Islamabad on economic reforms, Prime Minister Shehbaz, while highlighting his government’s achievements, said Pakistan had made real, measurable progress in the last two years. “More than one million new taxpayers have been brought into the tax net. Tax revenue has increased by 26% in 2025,” the prime minister added. The tax-to-GDP ratio has increased from around 8% to over 10%, the prime minister said, adding that the long-delayed

December 28, 2025

PIA deal, rate cut push PSX to peak

KARACHI: Pakistan’s equity market closed the week ended December 26, 2025 on a strong footing as the KSE-100 index gained 0.58% on a weekly basis, extending its record run amid a convergence of positive macroeconomic and political developments. Investment sentiment was supported by the successful privatization of Pakistan International Airlines (PIA), which was sold to an AHCL-led consortium for Rs135 billion, marking the country’s first major divestment in nearly two decades and a key milestone under the IMF programme. The market was also supported by the State Bank of Pakistan’s decision to cut the policy rate by 50 basis points

November 4, 2025

Trump says US must ‘remain number one’ as China steps up cryptocurrency push

US President Donald Trump speaks at the Bitcoin 2024 event in Nashville, Tennessee, US, July 27, 2024. — Reuters President Donald Trump has warned that China’s growing involvement in Bitcoin and other digital assets could threaten America’s lead in the global cryptocurrency market, asserting that the United States “must remain number one” in the fast-growing sector. Speaking during the CBS “60 Minutes” interview, Trump described cryptocurrencies as a “massive industry” that has become central to global technology competition. “I only care about one thing – are we going to be number one in crypto?” Trump said. “Crypto has turned out

October 11, 2025

Help organizations push for full access to Gaza

GENEVA: The UN UNICEF children’s charity called on Friday for all intersections for food in war crushed gauze to open, saying that children in the territory were particularly vulnerable because they have passed without proper food for long periods. The appeal came as the Israeli troops began to pull behind some parts of the Palestinian territory on Friday under a ceasefire agreement with Hamas, in the first phase of an initiative by US President Donald Trump to end the two -year war. “The situation is critical, we are at risk of seeing a huge spike in the death of the

October 6, 2025

Hamas put Gaza’s conversations as we push for ending war, free hostages

Hamas officials arrived in Egypt on Sunday before talks with Israel that the US hopes will lead to a stop in the fight and release of hostages in Gaza, with the leading Washington diplomat saying that the next few days are critical. Israeli negotiators led by Strategic Affairs Minister Ron Dermer had to travel to Egypt on Monday for negotiations at the Sharm El-Sheikh Red Sea resort for the release of hostages, part of the US President Donald Trump. “We will know very quickly whether Hamas is serious or not in the way these technical conversations happen in terms of

September 21, 2025

The Afghan official rejects Trump’s push for recovering Bagram Air Base

An Afghan government’s defense official said Sunday that an agreement on Bagram Air Base was not “it was not possible, as US President Donald Trump said he wanted the former US base back. Bagram, the largest air base in Afghanistan north of the capital Kabul, was the center of US businesses in their 20 -year war against the Taliban. Trump threatened indefinable punishment against Afghanistan if it was not returned – four years after he was abandoned by US troops. “If Afghanistan does not give back the Bagram Airbase to those who built it, the United States of America, the

September 10, 2025