Bitcoin hovered around $49,000 on Monday, down 1.5% on the day, as traders nursed losses after a brutal weekend in which the price of the world’s largest digital asset at one point lost over one fifth of its value. The rout sent bitcoin’s price and the amount invested in bitcoin futures back to where they مزید پڑھیں

Donald Trump’s new social media firm says it has entered into agreements to raise $1bn (£755m) from investors ahead of a planned stock market listing. The Trump Media & Technology Group is working to launch a social media app called Truth Social early next year. It comes as Mr Trump remains banned from Twitter and مزید پڑھیں

The business fraternity of Sialkot has decided to formulate new standard operating procedures (SOPs) for production operations in factories to avoid tragic incident like lynching of a Lankan factory manager in future. Moreover, the export-based companies having foreign nationals among their staff have also been asked to take special security measures for the foreigners, besides مزید پڑھیں

The State Bank of Pakistan on Saturday received a much-awaited $3 billion deposit from Saudi Fund for Development. Taking to official Twitter handle, Adviser to Prime Minister on Finance and Revenue Shaukat Tarin announced: “Good news, $3 billion Saudi deposit received by SBP.” The PM’s aide acknowledged the support provided by Saudi Arabia and wrote: مزید پڑھیں

The Sui Southern Gas Company (SSGC) has also submitted a petition to the Oil and Gas Regulatory Authority (OGRA) seeking a hike in the gas tariff. The report says that the state-owned gas company has requested the regulator to hike the price of gas by Rs58.42 per Million British Thermal Units (mmBtu) for the fiscal مزید پڑھیں

Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Friday tried to allay fears over the state of the economy and said that Pakistan’s exports and remittances will help to reduce the country’s trade gap. Tarin’s press conference comes days after the trade deficit saw a steep rise of 162.4 per cent مزید پڑھیں

Adviser to Prime Minister on Finance and Revenue Shaukat Tarin on Friday stated that the country’s economy is moving in the right direction, adding that exports and remittances will shrink Pakistan’s widening trade gap. Speaking during a press conference along with Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood, the PM’s aide مزید پڑھیں

Gold gained for the third consecutive session on Friday, boosted by concerns regarding uncertain economic conditions which have once again sparked a flight from risky commodities towards safer ones. Bullion prices in the local market gained Rs350 per tola and Rs300 per 10 grams today to reach Rs124,000 and Rs106,310.On Thursday, the yellow metal closed مزید پڑھیں

Chinese ride-hailing giant Didi Global has announced plans to take its shares off the New York Stock Exchange (NYSE) and move its listing to Hong Kong. The firm has come under intense pressure since its US debut in July. Within days of the initial public offering (IPO) Beijing announced a crackdown on technology companies listing مزید پڑھیں

CNG stations across Sindh and Balochistan will close from today (Wednesday) till February 15, 2022, confirmed the Sui Southern Gas Company (SSGC). The decision to close CNG stations has been taken keeping in view the gap between the demand and supply of the commodity and to meet the gas requirements of domestic consumers across the مزید پڑھیں