Category: Business

(Reuters) – Google parent Alphabet (GOOGL, GOOG) became the third U.S. company to hit a $3 trillion market capitalization on Monday, fueled by AI optimism and a favorable antitrust court ruling. 📈 Stock Surge Class A shares rose 3.8% to $250 Class C shares climbed 3.7% to $250.40 Both closed at record highs Alphabet’s shares […]

SYDNEY (Reuters) – Australia has urged social media platforms to use “minimally invasive” AI-driven tools to enforce its world-first ban on users under 16, set to take effect in December 2025. The ban, passed into law in November 2024, will make Australia the first country to block social media use for teens under 16 amid […]

TOKYO (Web Dask) – The U.S. dollar traded near a 2-1/2 month low against the euro and hovered close to a 10-month trough versus the Australian dollar on Tuesday, as investors solidified expectations of a Federal Reserve interest rate cut this week, with further easing likely in the months ahead. The greenback also lingered near […]

Oil prices remained steady in early Asian trade on Tuesday, following gains in the previous session, as traders assessed the risk of supply disruptions from Russia amid escalating Ukrainian drone attacks on refineries. Brent crude futures inched up 4 cents to $67.48 per barrel by 0000 GMT, while U.S. West Texas Intermediate (WTI) rose 2 […]

KARACHI (Pakistan Post Canada) – The Pakistan Stock Exchange (PSX) extended its bullish run on Tuesday after the State Bank of Pakistan (SBP) announced that the policy rate will remain unchanged at 11 percent. The KSE-100 index gained 955.09 points, hitting 156,399.59 points during intraday trading — a 0.61% increase compared to the previous close […]

KARACHI (Pakistan Post Canada) – The Pakistan Stock Exchange (PSX) kicked off the new business week on a positive note, staging a strong recovery after last week’s sharp decline. During intraday trading on Monday, the benchmark KSE-100 index surged by 950.22 points, climbing to 155,389.90 points — reflecting a 0.62% increase compared to the previous […]

OTTAWA (Pakistan Post) – Canada will take legal action under the relevant international bodies to challenge the 25% tariffs imposed by the United States on most Canadian goods, a senior government official said on Sunday, calling the tariffs illegal and unjustified. The comments come a day after Prime Minister Justin Trudeau announced a wide array […]

WASHINGTON (PAKISTAN POST) – A trade conflict between the United States and the European Union would not see any winner but only losers, German Finance Minister Christian Lindner told Reuters in an interview. Lindner said he was following the toss-up US presidential race between Republican Donald Trump and Democrat Kamala Harris, and saw the risk […]

Striking workers’ rejection of planemaker Boeing’s latest contract offer has created a fresh threat to operations at aerospace suppliers such as family-run Independent Forge. If the strike by more than 33,000 U.S. Boeing workers persists another month, the Orange County, California supplier might need to cut its operations from five to three days a week […]

Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) skipped any reference to structural economic reforms, such as changes to labour and land laws, in its manifesto ahead of elections, Citi economists said in a note on Monday. The BJP promised to create jobs, boost infrastructure and manufacturing and expand welfare programmes such as low-ticket […]