Governments in the US and UK have taken steps to prevent a potential banking crisis after the failure of California-based Silicon Valley Bank, which had over $200bn in assets and catered to tech startups, venture capital firms, and well-paid technology workers. Regulators in the US rushed to close Silicon Valley Bank on Friday when it […]
The assets of Silicon Valley Bank’s Canadian branch have been temporarily seized by Canada’s banking regulator after the bank\’s collapse last week. US banking regulators were forced to close the bank after large sums were withdrawn by worried depositors, which has raised concerns about other banks that cater to the technology sector companies. The Office […]
پاکستان اسٹاک ایکسچینج (PSX) میں مثبت جذبات کی واپسی دیکھنے میں آئی، کیونکہ بینچ مارک KSE-100 انڈیکس نے جمعرات کو تجارتی سیشن کے دوران 0.64 فیصد کا اضافہ درج کیا۔ دن کے دوران، انڈیکس انٹرا ڈے نچلی سطح 40,340.41 (72.36 پوائنٹس کی کمی) اور 40,856.81 کی بلند ترین سطح (444.04 پوائنٹس) کے درمیان تبدیل ہوا۔ […]
The Islamabad High Court on Wednesday rejected the request of Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan to attend via video link and instead directed him to appear in person before the banking court by February 28 in the prohibited funding case. The court extended its stay order against the verdict of the banking court on […]