Tue, 21-Oct-2025

Stocks and oil slide China lockdowns, rate hike fears

Stock market

Stock markets and oil charges slumped Monday on developing concern that lockdowns in China aimed at combating a worsening Covid outbreak could similarly damage an international economic system battling decades-excessive inflation. The losses prolonged the final week’s promote-off prompted via Federal Reserve boss Jerome Powell indicating that the USA principal financial institution might hike hobby fees by … Read more

Pakistan, SDF sign agreements for debt servicing suspension

debt servicing suspension

ISLAMABAD: Pakistan has signed agreements with the Saudi Fund for Development (SFD) for suspension of debt servicing of $846 million for six years under the G20’s Debt Service Suspension Initiative (DSSI). The total amount of Pakistan’s external debt that has been suspended and rescheduled under the DSSI framework is about $3.688 billion, covering the period … Read more