Financial markets
The Alhamra Islamic Money Market Fund has announced a daily dividend distribution of Re. 0.0193 per unit to its unit holders, according to a statement by the Chief Executive Officer of MCB Investment Management Limited. The dividend distribution will be made to those whose names were listed in the
Financial markets
The line between a president who thinks the Federal Reserve is being too harsh and a country that operates outside the norms of democratic finance is increasingly blurred, yet financial markets seem unconcerned. Donald Trump's efforts to dismiss a governor at the Fed have left academics, lawyers, and
Financial markets
SU Group Holdings Limited (Nasdaq: SUGP) received a written notification letter from The Nasdaq Stock Market LLC (Nasdaq) on August 27, 2025, citing the Company's failure to maintain a sufficient number of publicly held shares. According to Nasdaq's calculation, the Company has approximately 424,000 publicly
Financial markets
Agha Steel Industries Limited experienced significant fluctuations in its stock prices across various settlement types on August 29, 2025. According to the Pakistan Stock Exchange (PSX), the August futures contract AGHA-AUG saw a Big move, with a last day close price of 8.96. Similarly, the September futures contract AGHA-SEP
Financial markets
Bitcoin continues to trade in a volatile yet defined range in 2025, with its price behavior closely tied to developments in traditional financial markets. The cryptocurrency's movements are increasingly linked to shifts in liquidity, interest rates, and currency markets, reflecting its growing integration into the broader financial system.
Financial markets
The ongoing conflict between Donald Trump and the Federal Reserve, culminating in the attempted firing of Federal Reserve governor Lisa Cook, highlights a deeper issue with US monetary policy. Trump's efforts to exert control over the Fed echo a broader pattern of presidential interference that has led to
Financial markets
Vancouver-based GreenPower Motor Company, a leading manufacturer of all-electric medium and heavy-duty vehicles, is on the verge of being delisted from the Nasdaq Capital Market due to non-compliance with listing rules. According to an August 27, 2025, determination letter from the Nasdaq Listing Qualifications staff, the company's common
Financial markets
The Pakistan Stock Exchange (PSX) has expanded its futures market offerings by launching deliverable futures contracts for Sui Southern Gas Co Ltd. (SSGC-OCT). These contracts will be available from July 28, 2025, to October 31, 2025, with settlement scheduled for November 4, 2025. This introduction aims to provide market participants
Financial markets
Tasaheel For Financing's first issuance bonds, part of the First Program Tranche B, are undergoing a partial redemption, which will have a significant impact on the Egyptian bond market. A letter from the Misr for Central Clearing, Depository and Registry (MCDR) dated August 27, 2025, confirmed the redemption,
Financial markets
The Egyptian Exchange (EGX) has adjusted the value of bonds issued by Capital For Securitization following a periodic partial redemption. This change reflects a strategic adjustment in the market value of these bonds, ensuring they align with current financial assessments. The adjustment concerns the First Issuance - Fifth Program Tranche
Financial markets
The Karachi Stock Exchange experienced significant movements in the stock prices of Mughal Iron and Steel Industries Limited on August 28, 2025. The regular market segment recorded notable fluctuations, with the last day close price standing at 73.43. The futures market also showed considerable price movements, with the August
Financial markets
NMP Acquisition Corp., a Cayman Islands exempt company, has announced that holders of its units sold in the initial public offering may elect to separately trade the Class A ordinary shares and the rights included in those units, commencing September 3, 2025. The separated shares and rights are expected to
