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PSX Surges Over 1,761 Points on Broad-Based Buying
The Pakistan Stock Exchange (PSX) gained over 1,761 points on Thursday due to broad-based buying interest in major sectors.
Pakistanis Shift to Battery Storage, Outpacing Grid Sales
Consumers in Pakistan are increasingly opting for battery storage over selling excess solar power, leading to a surge in imports and investment.
Nintendo profits surge 53% on US tariff refund
Nintendo reports a 53.5% profit increase due to unexpected Trump tariffs refund.
Nishat Group consortium enters race for FESCO privatisation
A Nishat Group consortium has entered the race to privatise Faisalabad Electric Supply Company (FESCO) as part of Pakistan's broader energy sector…
Messi breaks Leagues Cup record with two goals in Miami win
Lionel Messi scores twice to break the Leagues Cup record as Inter Miami defeat Atletico San Luis 4-2.
CHT Security Sees Strong Growth in Cybersecurity Amid AI Adoption
CHT Security reports 21% year-on-year revenue increase and new profit highs amid AI-driven cybersecurity demand.
ReelShort Set to Hit $1.05 Billion Revenue Mark in 2026
Media Partners Asia projects ReelShort will hit $1.05 billion in revenue by 2026 and achieve first meaningful profit at scale.
Federal and Sindh Governments Agree on Joint Efforts to Tackle Marine Pollution
Minister Chaudhry and Governor Hashmi commit to coordinated action against marine pollution, protecting coastal ecosystems and blue economy.
US firms eye Pakistan’s critical minerals
US companies explore smaller mines and larger projects in Pakistan, with Reko Diq moving forward despite delays.
Sindh Cabinet Approves Wheat Import, Minimum Wage Hike
Sindh government approves import of 0.5 MMT wheat and increases minimum wage by 7.5%. Other reforms include PPP Unit restructuring.
Rupee Strengthens Against Dollar but Weakens Elsewhere
Pakistani rupee gains against US dollar but loses value against Euro and British Pound.
US Seeks Investment Opportunities in Pakistan’s Mining Sector
US companies explore investment opportunities in Pakistan's mining sector, focusing on critical minerals like copper and antimony.
Gulf oil exports steady in July, still 40% below pre-war levels
Crude and condensate exports remain stable at about 10.7 million barrels per day, down 40% from before the war.
US stocks rally despite SpaceX earnings dip
Wall Street gains continue as strong corporate earnings boost market, while SpaceX faces concerns over AI spending.
Rupee Strengthens, Stock Market Surges
The Rupee gained 01 paisa against Dollar while PSX's KSE-100 Index surged by over 2,931 points.
Pakistan Seeks Japanese Funding for Major Railway Project
Minister Cheema invites JICA to co-finance Pakistan’s ML-1 Railway Project as part of CPEC.
China imposes export controls on US drones in response to trade sanctions
China announces restrictions on drone exports to the US in response to recent trade sanctions.
SE Fruits to List on PSX for Rs. 1.2 billion to Rs. 1.9 billion
SE Fruits plans Rs. 1.2 billion to Rs. 1.9 billion IPO for expansion in Pakistan’s growing agriculture export sector.
Gold prices surge to one-month high on dollar weakness and oil decline
Spot gold reaches $4,175.53 per ounce as U.S. dollar softens and oil prices fall.
Pakistan and US Near Trade Deal to Boost Economic Growth
Finance Minister Muhammad Aurangzeb and US Trade Representative Ambassador Jamieson Greer discuss progress on a reciprocal trade framework.