Trump criticizes Fed chief Warsh after interest rate increase
President Donald Trump criticized Federal Reserve Chair Kevin Warsh on Wednesday following the central bank's decision to raise interest rates in Washington.
Category: Business
Fed rate hike may pressure Pakistan rupee while oil prices remain bigger risk
Market experts warn that the US Federal Reserve's recent interest rate increase could strain the Pakistani rupee, though rising oil costs pose a greater threat to the economy.
Pakistan large-scale manufacturing grows 3.03 percent in July
The Pakistan Bureau of Statistics reported that the Large Scale Manufacturing sector grew 3.03 percent year-on-year in July 2026.
Boehly and Walter sell Chelsea stakes to Clearlake Capital
Todd Boehly and Mark Walter sold their shares in Chelsea Football Club to Clearlake Capital on Wednesday.
Pakistan sugar mills association urges export of surplus stock
The Pakistan Sugar Mills Association in Lahore called for government permission to export one million tons of surplus sugar on Wednesday.
UK inflation rises to 3.1 percent in August as fuel costs climb
Official data released Wednesday shows UK annual inflation reached 3.1 percent in August driven by higher fuel prices.
State Bank of Pakistan concludes first regulatory sandbox cohort with four successful fintechs
The State Bank of Pakistan announced on Tuesday that its first regulatory sandbox cohort has ended after testing solutions from January to June 2026.
SECP Chairman calls for digital transformation to boost Pakistan insurance coverage
SECP Chairman Dr Kabir Ahmed Sidhu urged the industry to adopt digital tools during a talk series session in Islamabad on Tuesday.
U.S. Treasury yields hit highest level since July 2007 on Tuesday
U.S. benchmark bond yields rose to their highest point in nearly two decades on Tuesday as investors anticipate Federal Reserve rate hikes.
US war on Iran costs $38bn and projected monthly rise
The Congressional Budget Office reported on Tuesday that the six-month-old US conflict with Iran has cost $38bn and is forecast to increase by $3bn a month.