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Paramount Extends Warner Bros Deal Closure Deadline to July 22 Amid Oregon Investigation
Paramount has pushed back its $110 billion acquisition of Warner Bros until July 22 amid an Oregon investigation and EU competition concerns.
Pakistan’s seafood exports reach record $568 million in FY26
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced record-breaking exports in FY26, highlighting government efforts to strength
Thai baht weakens against US dollar
The Thai baht weakened to 33.51 per US dollar, down from 33.45 in the previous session.
China’s Producer Inflation Reaches Four-Year High in June
China’s producer price inflation reached its highest level since July 2022 in June, while consumer prices saw a lower-than-expected increase.
Chicago soybeans rise on China demand
US soybean futures rise due to Chinese purchases before key USDA report.
Overseas Pakistanis send $41.6 billion in FY26 as SBP ends incentive schemes
SBP ends incentive schemes for overseas Pakistanis as remittances decline by 18% month-on-month but rise 2% year-on-year.
US dollar strengthens amid Gulf tensions and oil price surge
The US dollar held firm against major currencies as renewed Middle East tensions fueled safe-haven bids, with oil prices surging to seven-week…
Japan’s Nikkei Rebounds as AI Shares Gain, Oil Prices Hinder
Japan's Nikkei 225 index rises 1.5% amid gains in AI-related shares, but oil prices due to US-Iran tensions dampen overall market sentiment.
Australian shares fall as Middle East tensions persist
Australian stocks declined for four consecutive sessions due to US President Trump's comments on Iran and concerns about global growth.
Finance Minister Addresses Banking Summit in Karachi
Muhammad Aurangzeb, Pakistan's Finance Minister, addresses the Banking Summit 2026 in Karachi. Global oil prices rise after US strikes on Iran.
Japanese Bond Yields Reach 30-Year High Amid Inflation Concerns
The 10-year JGB yield hit a 30-year high, driven by inflation concerns and renewed Middle East tensions. Longer-dated bonds also saw significant…
Typhoon Bavi to Impact Taiwan and China
Typhoon Bavi forecast to make landfall in China's eastern Fujian province. Authorities urge residents to prepare for potential damage.
SK Hynix US Share Sale Surpasses Expectations
Demand for SK Hynix's $28 billion US share sale exceeds expectations, underscoring investor appetite for AI chip supplier.
Apple to Invest $30 Billion in US Chip Manufacturer Broadcom
Apple announces a multi-year chip supply deal with Broadcom worth over $30 billion, expanding its U.S. sourcing efforts.
PAKL Performance Slumps, Rebounds with Margins Showing Growth
PAKL reported net losses for three consecutive years but showed significant margin growth in 2024 and 2025. Export sales declined due to…
Chinese Consul General Emphasizes CPEC 2 Focus on Industrial Development and Agriculture
Chinese Consul General Sun Yan emphasizes new phase of cooperation under CPEC 2 focusing on industrial development, agriculture, and mining.
EAD Warns of Economic Risks from US-Iran Conflict
The Economic Affairs Division warns of potential economic harm to Pakistan due to renewed conflict between the US and Iran. Committee advises…
SNGPL declares force majeure due to Hormuz tensions
Sui Northern Gas Pipelines Ltd has declared force majeure for three weeks, affecting power generation in Punjab.
Finance Minister Emphasizes Economic Reforms During PBC Meeting
Finance Minister Senator Muhammad Aurangzeb meets with Pakistan Business Council to discuss economic reforms and policy continuity, emphasizing the importa
KP Chief Minister Urges Federal Government to Postpone Tax Exemption Withdrawal
Khyber Pakhtunkhwa Chief Minister Muhammad Sohail Afridi has written to Prime Minister Shehbaz Sharif requesting a deferral of the proposed tax exemption…