IFC backs Pakistani firm to set up tyre manufacturing unit in Sindh
The number of registered vehicles in Pakistan has grown steadily over the last decade
Sri Lanka's inflation rate drops to minus 1.7pc in November
Sri Lanka's economy is expected to grow by 4.5-5% in 2024
How to tax popcorn? India's formula sparks outrage against GST system
Caramel popcorn are taxed at 18% while non-branded popcorn mixed with salt and spices at 5%
Abortion opponents shift focus to pills with lawsuits, proposed laws and possible federal action
Anti-abortion officials are taking other steps, too, through legislation and lawsuits
Many Americans have come to rely on Chinese-made drones. Now lawmakers want to ban them
Washington has already placed restrictions on Chinese telecommunications companies
Honda, Nissan aim to close merger talks in June 2025, source says
The merger would create the world's third-largest auto group by sales after Toyota and Volkswagen
Markets in 2024: Wall Street's high-octane rally keeps investors captive to the US
World stocks are set for a second consecutive annual gain of more than 17%, unfazed by wars
Oil gains as cooling US inflation points to possible easing
Brent crude futures rose 37 cents to $73.31 a barrel. US WTI crude futures surged 40 cents to $69.86
Asia shares, risk assets cheer US inflation relief
Japan's Nikkei gained 1.2%, Chinese blue chips CSI300 rose 0.7%, while Topix auto index climbed 1.3%
Lagarde says ECB very close to reaching its inflation goal, FT reports
Lagarde said she opposed retaliation by Europe to tariff threats made by incoming US President Trump
Stocks bounce back after bearish week
PSX remained under severe pressure during last week due to year-end profit taking
PIA aims to expand fleet to improve flight operations
The 11th Airbus 320 AP-BOM has been inducted into the operational fleet with new engines
Mexican president confident Congress will ban planting GM corn in 2025
A trade-dispute panel ruled Mexico's restrictions on US exports of GM corn violate USMCA trade pact
Qatar vows to stop EU gas sales if fined under due diligence law, FT reports
Penalties will be imposed if a new EU law against forced labour and environmental damage implemented
US consumer spending solid; inflation showing progress as year ends
The Commerce Department report showed moderate monthly rises in prices - smallest gain in six months
Non-textile exports witness significant growth in first four months of fiscal year
Exports of non-textile products surged by 17.6%
Flight operation to Europe to be milestone for PIA privatisation: Aleem Khan
Welcomes starts of PIA flight to Europe
VW reaches union deal to cut 35,000 German jobs after gruelling talks
VW reaches union deal to cut 35,000 German jobs after gruelling talks
House Democrat says Republicans protecting Elon Musk's Chinese investments
House Democrat says Republicans protecting Elon Musk's Chinese investments
Oil steady as markets weigh Fed rate cut expectations, Chinese demand
Oil steady as markets weigh Fed rate cut expectations, Chinese demand
Farmers are still reeling months after Hurricane Helene ravaged crops across the South
Hopkins is among farmers across the South who are still reeling from Helene’s devastation
Starbucks workers begin strikes that could spread to hundreds of US stores by Christmas Eve
The walkouts came a day after the Teamsters union announced strikes at seven Amazon delivery hubs
Amazon and Starbucks workers are on strike. Trump might have something to do with it
Employees organized at bookstores, where unions are rare, and were successful with campaigns
Wall Street leaps and halves its losses from what had been a dismal week
Wall Street leaps and halves its losses from what had been a dismal week
HSBC Chairman to lead pivotal UK business delegation to China
HSBC Chairman to lead pivotal UK business delegation to China
Taiwan's November export orders miss expectations, China drags
Taiwan's November export orders miss expectations, China drags
Promised benefits of 'drastic cut in inflation' a pipedream
Inflation sans relief for public hits six-year low in 2024
EU deal and Trump tariff threats bolster Mercosur trade talks
If the pacts materialize, they would mark a revival for trade bloc, including Brazil and Argentina
Oil falls on demand growth concerns, robust dollar
Brent crude futures fell by 33 cents to $72.55 a barrel while US WTI crude eased 32 cents to $69.06
Trump wants EU to buy more US oil and gas or face tariffs
Trump said Europe would pay a heavy price for having run a large trade surplus with the US for years
Stocks slide as US government shutdown looms, Trump targets Europe
Global stocks broadly fell on the day, with shares in Europe down 1%, set for a 3% drop this week
Ebb and flow continues in PSX as investors prioritise selling
As ebb and flow continued, things improved a bit and KSE-100-index closed at 109,513 points
Drop in cotton arrivals threatens textile value chain
The Pakistan Cotton Ginners Association (PCGA) paints a troubling picture
President calls for enhancing Pak-Saudi parliamentary ties
President calls for enhancing Pak-Saudi parliamentary ties
US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025
US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025
Teamsters say Amazon workers will strike at multiple facilities as union seeks labor contract
The Teamsters say they represent nearly 10,000 workers at 10 Amazon facilities
Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
Wednesday’s projections suggest that the policymakers think they may be close to that level
Oil retreats on demand concerns after Fed signals slower easing ahead
Brent futures fell 27 cents to $73.12 a barrel while US WTI crude shed 39 cents to $70.19
Asian stocks fall after Fed flags slower rate cuts, BOJ stands pat
MSCI's broadest index of Asia-Pacific shares outside Japan was down 1.6%
Powell says Fed cannot hold bitcoin, not seeking to change that
"We're not allowed to own bitcoin," Powell said following the Fed's latest two-day policy meeting
PSX stays bearish, loses 4,795 more points
Profit-taking is believed to be the cause behind steep fall
FinMin pledges to sustain economic gains after inflation hits six-year low
Pakistan has witnessed improvement in macroeconomic indicators
World Bank approves $2 billion for Ukraine including funds from new US loan fund
World Bank approves $2 billion for Ukraine including funds from new US loan fund
Tax Law Amendment Bill presented in NA to impose restrictions on non-filers
These restrictions will come into effect after the notification from the federal government.
Pakistan's Consumer Confidence index reaches three-year high
Inflation concerns are at their lowest in three years, job security confidence grew by 3 percent
SBP launches new eCIB System to modernise Pakistan's financial infrastructure
The new system will become operational with effect from January 1, 2025
Congress to vote on new restrictions on US investment in China
Congress to vote on new restrictions on US investment in China
Remittances to hit $35b in current fiscal year: FinMin Aurangzeb
He addressed an all-important Economic Coordination Committee
TikTok turns to US Supreme Court in last-ditch bid to avert ban
TikTok and ByteDance and a group of users filed an emergency request to the justices hor halting ban
Oil inches up as market eyes Fed rate decision
Brent futures rose 32 cents to $73.51 a barrel while US WTI crude climbed 32 cents to $70.40
Fed expected to combine interest rate cut with hawkish 2025 outlook
The anticipated move would lower the US central bank's benchmark policy rate to 4.25%-4.50% range
Dollar strong ahead of Fed meeting, Japan auto shares surge on Honda-Nissan news
S&P 500 futures were flat in the Asia session after the index fell in US trade
As bitcoin soars, luxury brands consider accepting crypto payments
Regulators have long warned that cryptos are high-risk assets, with limited uses in real world
Stocks bleed as KSE-100 index clocks in at 110,988 points
Profit-taking believed to be the cause behind steep fall
OGRA approves hike in gas prices, sends advice to govt for a nod
The OGRA has approved an 8.71% hike for the Sui Northern and a 25.78% for the Sui Southern
Energy chief Granholm warns against 'unfettered exports' of liquefied natural gas
Increased LNG exports also would lead to higher global greenhouse gas emissions
Retail sales rose at healthy pace last month in latest sign of US economy's health
At the same time, there were some signs of consumer caution
Wall Street trims its stellar gains as Nvidia's star dims again
Wall Street trims its stellar gains as Nvidia’s star dims again
Biden calls for ban on congressional stock trading
Biden calls for ban on congressional stock trading
US targets North Korean money laundering network with sanctions
US targets North Korean money laundering network with sanctions
Alibaba to sell China department store chain Intime for $1.3 bln loss
The sale marks a further acceleration of Alibaba's restructuring after the group split into 6 units
Oil prices nudge down on demand concerns, focus on Fed meeting
US WTI crude was down 11 cents at $70.60 a barrel, while Brent crude futures eased 2 cents to $73.89
Trump transition team to roll back Biden EV, emissions policies
The transition team also recommends imposing tariffs on all battery materials globally
Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
The officials are set to reduce their benchmark rate
China plans record budget deficit of 4% of GDP in 2025
The two sources said China will maintain an unchanged GDP growth target of around 5% in 2025
ECC meeting set to be held on Dec 19
Federal Finance Minister Muhammad Aurangzeb will preside over meeting
Bitcoin rallies past $107,000, hopes grow for strategic reserve
Bitcoin, the world's biggest and best known cryptocurrency, extended gains to a high of $107,148
KSE-100 index crosses 117k barrier after fifth successive rate cut of 2024
Buying was all the rage in key sectors
Gold prices decrease by Rs800 per tola
The price of 10 grams of 24 karat gold also decreased by Rs687
Norway oil and gas industry forecasts record investment in 2025
It was predicted oil and gas investments for 2024 and 2025 would amount to 240 bn and 225.9 bn crown
Oil drops from highest in weeks, focus on Fed rate cuts
Brent crude futures fell 29 cents to $74.20 a barrel while US WTI crude dropped 36 cents to $70.93
Small businesses say cautious shoppers are seeking 'cozy' and 'festive' this holiday season
“Even though it’s Los Angeles … I think people are looking for cozy items, really,” she said.
As schools cut back on bus service, parents are turning to rideshare apps
On the way across Chicago, El-Amin’s daughter spotted a classmate riding with her own
Bitcoin surges above $106,000 on strategic reserve hopes
Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533
Asia wary of Fed rate plans, China retail disappoints
China's blue chip index CSI300 eased 0.4%, having dropped more than 2% last Friday
Curb on unofficial forex trade boosts Pakistan's remittances and reserves
Remittances from the overseas Pakistanis rose 34% to $14.8 billion in five moths of current fiscal
KSE-100 index hovers above 116,000 points amid rate cut
SBP held its last MPC of the year to decide the monetary policy
Pakistan to increase olive cultivation for agricultural growth: minister
Olives are important for their food and nutritional benefits
Govt keeps petrol price unchanged, slashes diesel by Rs3.05 per litre
Petrol will continue to be sold at Rs252.10 per litre
Earthquakes and blowouts undermine case for carbon storage in Texas
Carbon sequestration is vital to US government goals to reduce emissions that cause global warming
Libya's NOC declares force majeure after Zawiya refinery severely damaged
The NOC said a number of reservoirs at the Zawiya refinery were severely damaged early on Sunday
Chinese firms take on EV truck challenges
Electric trucks currently represent less than one percent of truck sales worldwide, according to IEA
India's rice stocks surge to record high, boosting export prospects
Rice reserves, including unmilled paddy, in state granaries totalled 44.1 mn metric tons on Dec. 1
Aleem Khan stresses importance of trade corridors for Central Asia
Pakistani products are the best option for Central Asian countries
Syrian currency firms against US dollar after Assad's fall
Syrian currency firms against US dollar after Assad's fall
Pakistan, ADB sign 330mn dollars social protection agreement
The agreement was signed by Secretary Economic Affairs Dr. Kazim Niaz and ADB Country Director Emma
Musk says US is demanding he pay penalty over disclosures of his Twitter stock purchases
The SEC has not released the letter
Supreme Court will take up a challenge related to California's tough vehicle emissions standards
The high court will not be reviewing the waiver itself, but instead will look at a preliminary issue
Govt decides to terminate agreements with six more IPPs
This move is aim at reducing electricity tariffs
Trump's deportations could shake up the restaurant industry
Trump's deportations could shake up the restaurant industry
Gold prices decrease by Rs5,000 per tola
The price of 10 grams of 24 karat gold also decreased by Rs4,286
Americans are sour on tariffs if they spark inflation
Americans are sour on tariffs if they spark inflation
Short-term inflation decelerates to 3.71pc in Pakistan
However, it witnessed a nominal increase of 0.07 percent for the combined consumption groups
UK economy in October suffers first back-to-back declines since 2020
Gross domestic product shrank 0.1% month-on-month in October, as it did in September
SEC 'reopens' probe into Neuralink, Musk's lawyer says
The commission had issued a settlement demand and that Musk had been given 48 hours to accept
Oil inches up, on course for first weekly gain in three
Brent crude futures edged up 5 cents to $73.46 a barrel while US WTI crude was up 8 cents at $70.1
Asian shares drop, long-dated Treasuries set for worst week in a year
MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.6% on Friday
PSX at 115,000 - Investors make hay while the sun shines
Stocks gained strength on 13th day highlighting improvement in country’s economy
Pakistan, Tajikistan sign MoUs at joint commission meeting
“Pakistan and Tajikistan signed two MoUs at the concluding meeting of the 7th Joint Commission
Wall Street gets back to climbing, and the Nasdaq tops 20,000
Wall Street gets back to climbing, and the Nasdaq tops 20,000
Most Japan firms expect Trump presidency to harm business environment
Most Japan firms expect Trump presidency to harm business environment
Islamic finance, capital markets road to macroeconomic stability: Finance minister
He addresses virtually inaugural session of Second International Islamic Capital Markets Conference
Tanveer directs CDA to install EV-charging stations at all petrol pumps
The minister also announced that a new Electric Vehicles Policy would be unveiled very soon
Gold prices move up by Rs2,300 per tola
The price of 10 grams of 24 karat gold also increased by Rs1,971
Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say
The 10-year agreement amounts to 0.5% of global supply and is worth roughly $13 billion a year
US consumer prices post largest rise in seven months; rents finally slowing
In the 12 months through November, core CPI gained 3.3%, matching the advance in October
Asia stocks rally on Fed cut bets; Aussie jumps on jobs data
The tech-heavy Nikkei jumped 1.6% as of 0611 GMT, while the broader Topix advanced 1.1%
Oil little changed as demand weakness offsets sanctions-driven supply risks
Brent crude futures were up 14 cents at $73.66 a barrel. US WTI crude rose 6 cents to $70.35
Stunning rally in Big Tech drives Nasdaq to 20,000
The tech-heavy index is up more than 33% on the year, driven by a cluster of giant tech companies
Stocks soar past 114,000 points on another cheerful day
The streak of surge continues for more than a month now amid a rosy economic picture
World Bank to approve $240m for Karachi's water, sanitation services
This component focuses on technical and organizational improvements
FBR directs banks to remain open on Saturdays for duty, tax collection
Collaboration with SBP and NBP aims to ensure same-day transfer of collected revenues
Pakistan to set up 'Gem and Jewelry City' in Islamabad to highlight precious stones sector
Pakistan has significant gemstone reserves
US inflation ticked up last month as some price pressures remain persistent
US inflation ticked up last month as some price pressures remain persistent
Former chairman of state-owned bank China Everbright Group jailed for 12 years for corruption
Former chairman of state-owned bank China Everbright Group jailed for 12 years for corruption
Trump says he'll name Andrew Ferguson head of FTC and Kimberly Guilfoyle as ambassador to Greece
Trump called him a “well-respected and experienced voice of reason.”
Biden says he was 'stupid' not to put his name on pandemic relief checks like Trump did
Trump won nearly 7 in 10 of the voters who felt the economy was in bad shape
Stocks cheered Trump's victory, but tariffs bring unknowns to 2025
Barclays strategists estimated that proposed tariffs on Canada, Mexico and China
Yen gains after wholesale inflation picks up; eyes on US CPI
The US dollar eased 0.19% to 151.685 yen after rising as high as 152.18 yen overnight
IPPs cause Rs596bn loss to national kitty
They lost Rs47 billion, Rs37 billion, Rs96 billion and Rs28 billion respectively
Oil up on demand hopes from China's 'looser' monetary policy
Brent crude futures gained 36 cents to $72.55 a barrel while US WTI futures rose 36 cents to $68.95
National Savings schemes profit cut further after policy rate reduction
The new “reduced” rates will come into effect from December 11
Stocks settle in for nervous wait on US CPI
The S&P 500 had dipped 0.3% on Tuesday though it was just 65 points, or 1% shy of all-time high
ADB approves $200m loan for upgrading electricity transmission system
The money will be used to modernise the distribution system and enhance the capacity of Discos
Bulls bounce back after steep stumble
Another reason for the current market sentiment is SBP’s upcoming meeting on policy rate cut
Cabinet approves tariff review for eight more IPPs
The federal cabinet had previously approved the cancellation of agreements with five IPPs.
Indian rupee hits record low, bonds rise as change of guard at India's central bank spurs rate cut bets
Indian rupee hits record low, bonds rise as change of guard at India’s central bank spurs rate cut b
Gold prices increase by Rs1,000 per tola
The price of 10 grams of 24 karat gold also increased by Rs858
Boeing lays off hundreds in Washington and California as part of cuts announced previously
CEO Kelly Ortberg has said the strike did not cause the layoffs
Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws
Nvidia shares fell 2.6% Monday. They are still up 180% so far this year.
Engro eyes tower-sharing expansion with Veon tie-up
Engro eyes tower-sharing expansion with Veon tie-up
Spring-heeled stocks soar past 111,000 points
The stocks gained strength on the 10th consecutive day which is symbolic of improvement in economy
Pakistan to export medical professionals to Saudi Arabia
Saudi Arabia’s healthcare industry has been experiencing rapid growth
Govt resumes push for PIA privatisation process
The Privatisation Commission Board is expected to meet this week
Aurangzeb reaffirms commitment to promote inclusive growth
He highlighted the government's role in establishing a robust policy and regulatory framework
Workers' remittances increase by 33.6pc in five months
The remittances reached to $14.8 billion during July-November 2024-25
Gold prices increase by Rs2,000 per tola
The price of 10 grams of 24 karat gold also increased by Rs1,734
Europe's economy needs help. Political chaos in France and Germany means it may be slower in coming
Europe’s economy needs help. Political chaos in France and Germany means it may be slower in coming
Wall Street parties like it's 1998 as AI fuels gains unmatched since dot-com era
Wall Street parties like it’s 1998 as AI fuels gains unmatched since dot-com era
Trump says he can't guarantee tariffs won't raise US prices and won't rule out revenge prosecutions
”All I want to do is I want to have a level, fast, but fair playing field,” Trump said.
The Onion's bid to buy Infowars goes before judge as Alex Jones tries stopping sale
Most of the proceeds from the sale of Infowars, as well as many of Jones’ personal assets
China announces first monetary policy shift since 2010 to spur growth
China will enforce a more proactive policy and step up "unconventional" counter-cyclical adjustments
Trump family and allies to bask in crypto industry's euphoria at Gulf bitcoin gathering
The president-elect is World Liberty Financial's chief crypto advocate
Oil climbs as Assad's fall brings more uncertainty to Middle East
Brent crude futures rose 36 cents to $71.48 per barrel while US WTI crude gained 37 cents to $67.57
China's inflation weakens as new risks cloud horizon
The consumer price index rose 0.2% last month year-on-year, below the 0.3% increase in October
To Europe's economic malaise, add a leadership void
Government collapses in Germany and France, return of Trump and trade tensions with China worry EU
Asia stocks slip on South Korea turbulence, China disinflation
MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.5%
PSX surpasses 110,000 points after bulls, bears play hide and seek
A while after the selling pressure dissipated, the bulls returned to the market
The EU and a South American trade bloc reach a giant trade deal after 25 years of talks
The EU and a South American trade bloc reach a giant trade deal after 25 years of talks
Ant Group's President Han to become CEO in March; Jing to stay as chairman
Ant Group's President Han to become CEO in March; Jing to stay as chairman
US House to vote to provide $3 billion to remove Chinese telecoms equipment
The 1,800-page text was released late Saturday and includes other provisions aimed at China
KPT, Port Qasim's problems to be resolved on priority: Qaiser Sheikh
The government would focus on future plans to further the development of KPT not on real estate
Finmin vows to bring inflation to 7pc in three years
Inflation projected to decline from current 23.4% to 12% by 2025
Gold prices decrease by Rs300 per tola
The price of 10 grams of 24 karat gold also decreased by Rs257
US added a strong 227,000 jobs in November in bounce-back from October slowdown
The Fed jacked up interest rates 11 times in 2022 and 2023
Federal appeals court upholds law requiring sale or ban of TikTok in the US
TikTok and ByteDance — another plaintiff in the lawsuit — are expected to appeal to SC
Economy stabilising due to govt's robust policies: FinMin Aurangzeb
Says govt to solve longstanding problems faced by private sector
PIA's direct flight to Paris will take off on Jan 10, 2025
Ban caused a loss of nearly $150 million a year to PIA, officials say
Punjab govt to launch 'Karobar Card' Scheme to boost small businesses
The loan issued under this scheme will be returnable in five years.
China's ban on key high-tech materials could have broad impact on industries, economy
China’s dominance as a supplier gives it an overwhelming cost advantage
EU and South America strike trade deal set to hit pushback in Europe
EU and South America strike trade deal set to hit pushback in Europe
US added a strong 227,000 jobs in November in bounce-back from October slowdown
US added a strong 227,000 jobs in November in bounce-back from October slowdown
FBR imposes 10pc tax on marriage halls in Karachi
Association's president says wedding hall owners will collect tax from the parties.
Gold prices decrease by 1,000 per tola
The price of 10 grams of 24 karat gold also decreased by Rs578
Inflation projected to decrease to 7pc by FY2027: Finance ministry
Real GDP growth is projected from 3.6 percent in FY2025 to 5.5 percent in FY2027
World food prices reach 19-month high in November, UN says
The price index, compiled by the UN FAO, increased to 127.5 points last month from 126.9 in October
Currency markets brace for US jobs report amid political turmoil
The US dollar briefly spiked against S. Korea's won after reports of another martial law declaration
Gas price shock set to add to Europe's industrial pain
Since the energy crisis of 2022, when gas prices peaked at nearly 350 euros per megawatt hour (MWh)
Oil prices edge down as extended OPEC+ supply cuts highlight weak demand
Brent crude futures fell 6 cents to $72.03 per barrel while US WTI futures lost 1 cent to $68.29
Asian shares cautious on Korea risk, dollar on guard ahead of payrolls
In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan reversed losses to be up 0.2%
World Bank wins $100 bln replenishment of fund for poorest countries
The World Bank made the announcement early on Friday in Seoul at a pledging conference for the IDA
Bulls on the ladder as inflation eases amid hopes of rate cut
The trading on Thursday closed at 108,322 points
Saudi Arabia launches world's first date-based soft drink
‘Milaf Cola has no added sugar and harnesses health benefits of dates’
PIA flights to Europe will resume in January
Customers were making calls to inquire about the new flights
Tarar says work has begun on Saudi investment projects
Pakistan, Saudi Arabia signed several MoUs in October
Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank
Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank
Wall Street parties like it's 1998 as AI fuels gains unmatched since dot-com era
Wall Street parties like it’s 1998 as AI fuels gains unmatched since dot-com era
Bitcoin tops $100,000 with Trump-election crypto rally rolling on
Bitcoin tops $100,000 with Trump-election crypto rally rolling on
Gold prices increase by Rs500 per tola
The price of 10 grams of 24 karat gold also increased by Rs428
Apple plans 1 bln dollar manufacturing plant investment in Indonesia
Apple plans $1 bln manufacturing plant investment in Indonesia
As data centers proliferate, conflict with local communities follows
“I planned on staying here until I died,” he said, “until this came up.”
Police hunt for the gunman who killed UnitedHealthcare's boss in Manhattan
One video showed him approach Thompson from behind
Aurangzeb reiterates importance of inclusive growth, data sharing
Says significant losses of around Rs6 trillion incurred by state-owned enterprises
Pakistan eyes on $100 bln export target as economy stabilises
The minister emphasised the centrality of youth development to the country’s growth trajectory
PM for strict measures to accelerate taxation, implement revenue collection strategy
He appreciated the progress in the FBR’s digitisation
ADB, SAFCO to provide $86.2 million for Pakistan's first sustainable aviation fuel plant
ADB is acting as the lender of record and lead arranger for the financing package
Euro wobbles as political turmoil dents sentiment; bitcoin scales $100,000
The won remains near its two-year low versus the dollar while yen strengthened a bit at 150.345
Rate cut bets boost stocks as bitcoin breaks $100,000
Asian stocks were firm after Wall Street notched record highs on confidence in US interest rate cuts