3 stories · ranked by importance and freshness
PSX SHEDS 347 POINTS
AI summaryThe Pakistan Stock Exchange snapped its brief two-day winning streak as widespread profit-taking pushed the benchmark index down by 347 points. Market participants locked in recent gains across major sectors, causing a pullback in equity valuations.
FED RATE HIKE AHEAD
AI summaryThe Federal Reserve's latest policy meeting revealed internal disagreements among officials regarding monetary strategy. Despite the division, Wall Street analysts generally agree that an interest rate increase is approaching.
GLOBAL TRADE BACKLASH MOUNTS
AI summaryKey foreign trade allies have strongly disputed the forced labor arguments used by Donald Trump to defend his new widespread tariff measures. Despite the disagreement, international officials intend to remain at the negotiating table to prevent an all-out economic conflict.