Stocks plunge as markets anticipate rapid US rate cuts
Stocks plunge as markets anticipate rapid US rate cuts

Stock indexes in Asia dropped sharply on Monday as U.S. President Donald Trumps firm stance on tariffs fueled fears of a recession. Investors began pricing in nearly five U.S. rate cuts this year, causing Treasury yields to plummet and the dollar to weaken. Trumps tariff stance Despite the...

Auto financing in Pakistan rises amid interest rate cuts
Auto financing in Pakistan rises amid interest rate cuts

Auto financing witnessed a slight increase, reaching $847.63 million in December 2024 from $844.56 million in November, according to data from the State Bank of Pakistan (SBP). This marks a reversal of the negative trend seen in November, when financing declined from $850 million in October. For...