Aimen Siddiqui

Karachi

Assistant Editor at The News International

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Articles

Trump’s tariff formula ‘misleading’, say economists

2 weeks ago | thenews.com.pk | Aimen Siddiqui

KARACHI: The Trump administration’s method of calculating which countries should be hit with what reciprocal tariffs is “so crude and misleading”, say experts.
Trump's tariff formula ‘misleading', say economists

2 weeks ago | geo.tv | Aimen Siddiqui

The Trump administration’s method of calculating which countries should be hit with what reciprocal tariffs is “so crude and misleading”, say experts. In an over nine-minute-long video explainer released on April 4, foreign outlet CBC News breaks down the methodology adopted by the US to hit countries with reciprocal tariffs.
US tariffs hit Pakistan’s exports, raising competitiveness concerns

3 weeks ago | thenews.com.pk | Aimen Siddiqui

KARACHI: The US has imposed a 29 per cent tariff on Pakistani imports, a move that could challenge the country’s export competitiveness, experts warn.
Gold, shares or crypto: Where should Pakistanis place their money?

3 weeks ago | geo.tv | Aimen Siddiqui

Gold climbs 19.2% after Rs52,600 gain in 2024. PSX's KSE-100 up 84% in 2024, continues rally. Crypto remains high-risk, suited for younger investors. KARACHI: Pakistan’s financial markets have seen a sustained bullish trend in recent months. The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) surged by 84% in 2024, ending the year at 115,127 points, and has since climbed another 2.3% to reach 117,806.75, according to The News.
Gold, stocks or crypto: where should Pakistani investors bet?

3 weeks ago | thenews.com.pk | Aimen Siddiqui

KARACHI: In recent months, bulls have paid frequent visits to financial markets in Pakistan. The Pakistan Stock Exchange’s (PSX) KSE-100 index surged 84 per cent in 2024, closing at 115,127 points. It has since risen 2.3 per cent to 117,806.75. Gold closed 2024 at Rs272,600, marking a gain of Rs52,600. It has since reached Rs325,000, an eye-popping 19.2 per cent increase. While traditional assets have performed well, Pakistan is also exploring new frontiers for investment.
TreasureNFT investors alarmed as withdrawal issues rise

3 weeks ago | thenews.com.pk | Aimen Siddiqui

KARACHI: A wave of panic has swept through a small trading community that uses a lesser-known platform called ‘TreasureNFT’ for high-risk, high-return investments. An unexpected delay in withdrawal requests has raised concerns among new users about their investments. Karachi-based S* (name withheld to protect identity) says while she was able to withdraw her initial investment, the new members are stuck.
Trump’s tariff blitz: reshaping global trade, sparing India (for now)

1 month ago | thenews.com.pk | Aimen Siddiqui

KARACHI: US President Donald Trump’s obsession towards slapping tariffs on imports to curtail America’s trade deficit is poised to disrupt the global market. As soon as he assumed charge, Trump signed executive orders imposing a 25 per cent additional tariff on imports from Canada and Mexico and a 10 per cent additional tariff on imports from China -- three out of the Top 10 countries with which the US had a trade deficit in 2024, according to data from the World Population Review (WPR).
Pakistan’s crypto embrace is step in ‘right direction’, say experts

1 month ago | thenews.com.pk | Aimen Siddiqui

KARACHI: The recent formation of the Pakistan Crypto Council has highlighted the country’s will to embrace cryptocurrencies -- the widely popular digital currencies that regained prominence after US President Donald Trump’s return to the White House. The crypto council in Pakistan aims to make a largely unregulated sector more transparent. A few days ago, the government appointed Bilal bin Saqib as the chief adviser to the finance minister for the Pakistan Crypto Council.
Pakistan falls two spots on Corruption Perception Index

2 months ago | thenews.com.pk | Aimen Siddiqui

KARACHI: Pakistan appears to be faltering in its fight against corruption. According to Transparency International’s latest report released on Tuesday, the country’s ranking on the Corruption Perception Index (CPI) slipped in 2024, falling to 135th out of 180 countries with a CPI score of 27/100. Pakistan’s global standing has weakened from 133rd place in 2023. The CPI ranks 180 countries and territories by how corrupt their governments are perceived to be.
SBP chief urges banks to focus on climate-resilient, tech-driven agri-financing

2 months ago | thenews.com.pk | Aimen Siddiqui

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has encouraged banks to focus on climate-resilient and technology-based agricultural financing, adding that the sector plays a crucial role in the nation’s economy. Speaking at the Agricultural Credit Advisory Committee (ACAC) meeting in Multan on Friday, Ahmad acknowledged the sector’s growth crunch in recent months and stressed the need for innovation and resilience.