Bank of America bets on long-term growth in Mexico due to ‘nearshoring’, despite Trump tariff threat

MEXICO CITY (WS News) – Bank of America is bullish on its future in Mexico, according to the head of the...

US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate

WASHINGTON (WS News) — The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer...

SBP receives $500m loan from ADB

KARACHI (WS News) – The State Bank of Pakistan (SBP) has received a $500 million loan from the Asian Development Bank (ADB). ...

Govt taking steps to bring economic prosperity: Rana Tanveer

ISLAMABAD (WS News) – Federal Minister for Industries and Production Rana Tanveer Hussain on Thursday said that government is taking concrete...

PR offers 50pc discount in fare to disabled persons

ISLAMABAD (WS News) – Pakistan Railways is offering a 50 percent concession in rail fares to facilitate disabled persons traveling in...

Asian shares slip, yen aims for best week in 4 months on BOJ hike bets

SYDNEY (WS News) – Asian shares slipped on Friday while the yen was aiming for its best week in four months...

Stocks settle above 100,000 points for second consecutive day

KARACHI (WS News) – The Pakistan Stock Exchange (PSX) continued to witness surge of bulls above 0.1 million points for a...

Oil prices mixed amid accusations of breaches to Israel-Hezbollah ceasefire

BEIJING (WS News) – Oil prices were mixed on Friday following a potential renewal of supply risk as Israel and Hezbollah...

Pakistan’s forex reserves cross $16 billion, SBP data shows

KARACHI (WS News) – Pakistan’s total foreign exchange reserves soared to $16.076 billion, the State Bank of Pakistan (SBP) data showed....

Huawei sees excitement for Mate 70 phone wane, analysts say

SHANGHAI (WS News) – Huawei is seeing less consumer excitement in China for its newly launched Mate 70 smartphone, which could...