News

Musk slammed Trump’s new “One Big Beautiful Bill,” calling it “a massive, outrageous, pork-filled Congressional spending bill ...
U.S. visa interview scheduling paused, social media vetting expanded for foreign students, impacting universities and economy ...
Roger J Kerr warns about the risks to the US economy if foreign investors adjust their holdings - that brings a massive ...
Negative sentiments were observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 650 ...
Rising government debt. Exploding budget deficits. They have bond AND stock markets spooked. With rates on the rise, how can investors cope?
Elsewhere, the value of the US dollar fell back against a basket of currencies. The British pound, for instance, rose to its highest level against the greenback since the start of May – to $1.35.
China wanted ‘competitive’ renminbi, US wanted ‘strong’ dollar Even as the exchange rate management behaviour of the Bank of China has been (and still is) aimed at keeping the value of ...
The unraveling adds to further losing credibility, hitting the value of the US Dollar. In a relatively calm week in terms of economic data, traders brace for more comments from Federal Reserve ...
Research from Bank of America suggests that every 10 per cent drop in the value of the US dollar translates to a 3 per cent boost ... and acts as the world’s reserve currency, as the chart below shows ...
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slumps to near 100.30. The heat map shows percentage changes of major currencies against each other.
Since the beginning of 2025, a number of factors have combined to reduce the value of the US dollar against other currencies. The US Dollar Index, which tracks the greenback against a basket of ...
The Pakistan Crypto Council, which had been established by the finance minister in March to promote the “digital-asset” industry, was celebrating a tie-up with World Liberty Financial ( WLF ), a firm ...