Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
First Solar, the manufacturers of thin-film solar panels, were up in the stock market on Friday following the passing of a bill by the House Republicans. The Federal Reserve announced the financial stimulus for the energy sector the day. The energy sector has been declining in the midst of the global economic woes, chiefly due […]
Ben Bernanke and group might at last be in a mood for a fiscal stimulus after all as the minutes of July 31 and August 1 meeting were released to the public on Wednesday. Experts are of the opinion that a financial stimulus might be in order in the near future, however, there are concerns […]
After witnessing the ‘price increase’ trend, the crude oil prices observed a declining trend today. According to the details, the New York’s main contract, for the delivery of light sweet crude for the month of August, shed 53 cents to $ 92.13 a barrel. Brent North Sea crude for delivery in September slid about 38 […]
Greek national elections pose a new threat to the European market, if the left-wing Syriza party leader Alexis Tsipras wins the polls and takes over the reins of the country. The Euro banking sector is expected to take a severe blow if the above premise proves to be true. Tsipras has openly rejected to form […]
Since the sovereign debt crisis started to cool off a bit, its inoculation into the US stock market had started to wear off as well. However, the recent news has left its effects on the likes of New York Stock Exchange and NASDAQ as stocks began to respond to both news. The market took to […]
The US Senate and Congress took notice of Federal Reserve’s easy lending late in 2010 and first quarter of this year. Fed Chairman Ben Bernanke was sent a memo to make public detailed reports on the aid provided to the US financial institutions. Bernanke, in reply to the leaders of the House and Senate, said […]
