Asian stocks made a cautious start to trading on Tuesday as uncertainty over whether the ceasefire in the Middle East conflict would hold capped the lift to sentiment from renewed optimism around AI. MSCI’s broadest index of Asia-Pacific shares outside Japan fluctuated between gains and losses as trading commenced, last 0.5% lower, led by a 2% decline for Korean shares after an initially high
Pakistan’s gross domestic product is expected to grow at 3.7% in the fiscal year ending June 2026, after logging growth of 3.2% in the previous year, its planning minister said on Monday. Pakistan’s economy grew by 3.99% year-on-year in the third quarter of fiscal year 2025-26, with industry emerging as the key driver, according to the latest data released by the National Accounts Committee (NA
Pakistan’s headline inflation clocked in at 11.7% on a year-on-year (YoY) basis in May 2026, as shown by Pakistan Bureau of Statistics (PBS) data on Monday. This is the highest reading since June 2024, said Arif Habib Limited (AHL). The consumer price index (CPI) was recorded at 10.9% in April 2026. The CPI stood at 3.5% in May 2025. On a month-on-month basis, it increased by 0.5% in May 202
The Pakistani rupee appreciated 0.01% against the US dollar in the inter-bank market on Monday. At close, the local currency settled at 278.47, a gain of Re0.03 against the greenback. On Friday, the local unit closed at 278.50. Pakistan’s headline inflation clocked in at 11.7% on a year-on-year (YoY) basis in May 2026, Pakistan Bureau of Statistics (PBS) data showed. The consumer price in
Pakistan’s ongoing engagement with the International Monetary Fund (IMF) is shaping many of the economic policies expected to feature in the upcoming federal budget and broader reform agenda. Discussions between Pakistani authorities and the IMF have focused on fiscal consolidation, tax reforms, energy-sector restructuring, governance measures, and steps aimed at maintaining macroeconomic stabi