The gold price is attempting a small rebound from seven-week lows of $1728, as investors seek a retest of the $1750 barrier once more. The decline in US Treasury rates throughout the curve saves the gold price, as the negative tone in global markets boosts demand for government bonds. Investors were affected by the fighting over the US debt ceiling, China’s energy deficit, and the approaching Evergrande offshore payments. Increased anticipation of a faster-than-expected Fed tapering, increasing inflation, and commodities prices pushed US stock returns to multi-month highs on Tuesday. The price of gold plummeted as stronger yields impacted on…
Author: zerfeshan arshad
PML-N President Shehbaz Sharif said Wednesday that the National Accountability Bureau (NAB) and the Federal Investigation Agency (FIA) could not prove even a single penny of corruption against him and former Prime Minister Nawaz Sharif in response to a UK court’s decision to unfreeze his and his family’s bank accounts. Shehbaz Sharif stated at a news conference in Lahore that the ruling PTI’s ministers have been accusing him and his family of corruption worth billions of rupees but have been unable to establish any wrongdoing. The NCA had conducted an investigation into his financial transactions over the past 20 years…
The yield on the 10-year US Treasury note fell on Wednesday, putting a halt to a fast rise that has unsettled financial markets. At 9:40 a.m. ET, the yield on the benchmark 10-year Treasury note decreased by roughly 3 basis points to 1.503 percent. The 30-year Treasury bond yield fell two basis points to 2.048 percent. Yields fluctuate in the opposite direction of prices, with 1 basis point equaling 0.01 percent. On Tuesday, the 10-year yield surpassed 1.56 percent, its highest level since June, as investors gambled that the Federal Reserve will soon begin to remove some support as long…
The PTI-led government praised the opposition’s willingness to talk about election changes with the government on Tuesday, only days after a joint committee of both chambers was created to look into the issue. Fawad Chaudhry, the Federal Minister for Information, said a post-cabinet news conference in Islamabad that the committee should go forward and not lose time in resolving the issue. The electronic voting machine EVM and i-voting, according to the information minister, are critical components of the changes. “It will be an injustice to them if we remove overseas Pakistanis from the voting process According to Chaudhry, During the…
The Federal Board of Revenue (FBR) has extended office hours on September 29 and 30 to help taxpayers, after merchants asked the revenue collecting agency to extend the tax filing deadline. According to a notice from the FBR, all tax collection offices will be open until 9:00 p.m. on September 29 and until 12:00 a.m. on September 30, the deadline for submitting income tax returns. “The timings have been extended to assist taxpayers,” the spokesperson said, without specifying if the deadline will be extended, and adding that all offices would keep in contact with bank authorities. Furthermore, the Federation of…
According to statistics provided by the State Bank of Pakistan, the Pakistani rupee hit an all-time low of Rs169.97 versus the US dollar on Tuesday (SBP). With a new drop of 0.22 percent, the local currency has surpassed the previous low of Rs169.6 set the day before (Monday). According to central bank figures, the Pakistani rupee finished at 169.97 versus the US dollar, down 52 paisas or 0.31 percent. “The currency pressure is import-driven,” Tahir Abbas, Head of Research at Arif Habib Limited (AHL), stated. Geopolitical worries, like as the continued instability in Afghanistan, and a spike in international commodity…
People had to travel to the bank and wait in huge lines to get financial services over a decade ago. However, with the advent of digitalization, everything has altered dramatically. People may now effortlessly access and manage all financial services while on the road, thanks to advances in technology. People have grown more demanding and expect better services from businesses as technology has become more accessible. They want to be able to control everything with a few simple taps. They don’t want to contact a helpline and have to wait a long time to talk with a customer service agent.…
If you want to send several photographs through email or post them to a social media site, resizing them might save you a lot of time because it will take less time to transmit them. Here are three methods for resizing JPEG pictures. 4 Methods to Resize the Size of a JPEG 1) Resizing a JPEG Image in Colorinch Colorcinch is an intuitive web-based software that lets you resize, enhance and transform your photos into stunning visuals. With fewer clicks, you’ll get better results. Hop on to Colorcinch. It’s free and you don’t have to sign-up. Just upload your photo…
Hacking into computers and mobile devices via spam emails, codes, or websites has become quite popular in recent years. This post will go through all of the indicators that can help you figure out whether you’ve been hacked. The possibility of thieves or hackers gaining access to your personal information puts us all at risk. Some people have a lot more than others. When you are unaware of the methods utilised by these malevolent hackers, it might be difficult to tell if you have been hacked. However, if you recognise a few key indicators, you can almost instantly identify whether…
The Ministry of Human Resources and Emiratisation (MOHRE), formerly known as the Ministry of Labour, is responsible for enforcing labour laws and resolving workplace conflicts. In the United Arab Emirates, there are laws in place to safeguard employees’ rights. Here’s a step-by-step approach to filing a MOHRE complaint, as well as an explanation of the circumstances that could prompt you to do so. WHEN CAN AN EMPLOYEE FILE A COMPLAINT IN THE UAE? The UAE Labour Law (Federal Law No. 8 of 1980) includes various clauses that govern the rights of labours. Employees have the right to report their employers,…