UAE Seeks Federal Reserve Currency Swap Line Amid Escalating Iran Conflict
The United Arab Emirates has initiated discussions with US officials regarding a financial backstop and currency swap line to protect its economy from the ongoing Iran war.
President Trump to Become First Sitting US President to Sign American Currency
The U.S. Treasury Department announces a historic change to paper currency as President Donald Trump’s signature replaces the Treasurer’s on redesigned banknotes.
Wall Street Secures Major Regulatory Win as Federal Reserve Softens Basel III Capital Requirements
US banking regulators have unveiled a revised capital rule proposal, cutting requirements by 4.8 percent and freeing billions for dividends, buybacks, and lending.
Bitcoin Hits $96K as Crypto Markets Rally on Easing U.S. Inflation and Regulatory Clarity
Bitcoin touched $96,000 as easing U.S. inflation and optimism around the CLARITY Act boost crypto markets. Ethereum steadies above $3,300, and total crypto market cap nears $3.25 trillion.
Pakistani Rupee Inches Up Against US Dollar Amid Global Market Shifts
The Pakistani rupee saw a marginal gain against the US dollar in inter-bank trading on Monday, supported by stable domestic flows and muted global currency volatility, as global markets reacted to political and monetary developments in Japan and the United States.
Selling Pressure Drags KSE-100 Down by Over 700 Points Amid Global and Local Market Cues
The Pakistan Stock Exchange witnessed sharp selling pressure on Thursday as the KSE-100 Index dropped over 700 points, reflecting cautious investor sentiment influenced by both domestic developments and international market uncertainties.