PSX stages strong rally on positive macro triggers

[ A stock broker reacts while monitoring the market on the electronic board displaying share prices during trading session at the Pakistan Stock Exchange, in Karachi on July 3, 2023. Photo: Reuters/ File The Pakistan Stock Exchange (PSX) staged a robust rally on Monday, with the benchmark KSE-100 index jumping 1,945.50 points, or 1.22%, to … Read more

Crypto treasuries pivot to fringe tokens as bitcoin cools

[ Treasury firms chase lesser-known coins for returns, triggering warnings over instability As companies focused on stockpiling bitcoin and other major cryptocurrencies come under pressure amid market saturation and souring sentiment, new entrants are pushing into less popular tokens, stoking worries over increased volatility. Buoyed by US President Donald Trump’s crypto-friendly stance and inspired by the meteoric success … Read more

Norris extends title lead in Sao Paulo, Verstappen third from pit-lane

SAO PAULO: Lando Norris extended his lead in the drivers’ world championship to 24 points ahead of McLaren team-mate Oscar Piastri with a well-judged victory in Sunday’s dramatic Sao Paulo Grand Prix – but Red Bull’s Max Verstappen stole the show by racing from a pit-lane start to finish third. In a tense and incident-filled … Read more