Bitcoin hits record high above $125,000
- 05-Oct-2025
TOKYO: Bitcoin reached a new record high on Sunday, rising above the $125,000 mark. The cryptocurrency reached $125,689, shooting above its previous August record of around $124,500. Bitcoin has enjoyed a strong upward momentum with investors cautious about the US government shutdown. Gains in US shares have also supported bitcoin’s rise, while investors have looked […]
Markets in 2024: Wall Street’s high-octane rally keeps investors captive to the US
- 23-Dec-2024
Markets that began the year with investors expecting a global stock rally to fizzle, swift US interest rate cuts to boost Treasuries and soften the dollar and emerging market currencies to strengthen have firmly defied that consensus. World stocks are set for a second consecutive annual gain of more than 17%, unfazed by wars in […]
Punjab markets ordered to close by 8 PM
- 08-Nov-2024
The Lahore High Court (LHC) on Friday mandated that all markets close by 8:00 PM each day and remain shut on Sundays as part of efforts to address the intense smog affecting the city. While issuing the order, Justice Shahid Karim noted that despite numerous hearings and calls for action, there has been a lack […]
Punjab CM Maryam Nawaz orders removal of encroachment from markets
- 01-Mar-2024
LAHORE: Punjab Chief Minister (CM) Maryam Nawaz has given one month to the administration to remove encroachment from Lahore markets, ARY News reported. Maryam Nawaz passed the orders after taking notice of the problems faced by the citizens due to keeping goods in front of the shops. The citizens complained to the Chief Minister Punjab […]
Markets, restaurants in Lahore get closure timings from court
- 28-Nov-2023
LAHORE: The Lahore High Court (LHC) on Tuesday directed authorities to close all businesses by 10 pm daily, as part of efforts to address the increasing levels of smog in the city, ARY News reported. Justice Shahid Karim of the Lahore High Court issued a detailed on set of environment-related petitions, directed authorities to enforce […]
Govt announces closure of markets at sunset
- 07-Sep-2023
LAHORE: The caretaker government has ordered measures to conserve energy, including closing all malls and markets at sunset to mitigate the effects of energy crisis, ARY News reported. A similar announcement was also made by the previous Shehbaz government regarding the closure of markets by 8pm across the country under the ‘energy conservation plan’. On […]
Karachi traders reject early closure of markets decision
- 07-Jun-2023
KARACHI: Karachi traders pledged not to abide by the government’s decision to close the markets and marriage halls under an energy conservation plan, saying that in the summer season, shopping always takes place in the evening. In a statement, President Anjuman Tajiran Karachi Jawed Shams said that traders can only shut markets by 9pm on […]
Govt decides to shut markets at 8pm under ‘energy conservation plan’
- 06-Jun-2023
ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Tuesday announced that the federal and provincial governments have unanimously decided to shut markets by 8pm across the country under ‘energy conservation plan’, ARY News reported. The federal minister made the announcement while talking to journalists after a meeting of National Economic Council (NEC) […]
Eidul Fitr: Markets allowed to remain open till 1am
- 07-Apr-2023
The Lahore High Court (LHC) on Friday allowed markets to remain open till 1am with regard to the commencement of Eidul Fitr, ARY News reported. The orders were passed by Justice Shahid Karim of Lahore High Court while hearing pleas seeking remedies against smog in Punjab, especially in Lahore. The court also ordered to register […]
Karachi traders threaten to shut down markets over ‘rising street crimes’
- 13-Mar-2023
KARACHI: Businessmen and traders of Karachi have threatened total shutdown of markets against the ‘rising street crimes’ in the metropolis, giving the government a 72-hour ultimatum to Sindh government to take action in this regard, ARY News reported on Monday. Addressing a press conference, President Karachi Electronic Dealers Association (KEDA), Mohammad Rizwan Irfan, said that […]