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.
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Global Markets
HugoBank Approved to Launch with Rs. 1.5 Billion Capital
SECP grants HugoBank permission to launch with Rs. 1.5 billion capital, aiming to establish a digital retail bank.
SECP Approves Rs1.5 Billion Capital Boost for HugoBank
The Securities and Exchange Commission of Pakistan has approved a Rs1.5 billion capital boost for HugoBank, enabling it to launch as one…
China launches new program to boost energy efficiency and carbon credentials
China’s State Council initiates 'leader' awards for companies excelling in energy and carbon efficiency.
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.
Karachi police register terrorism case after scuffle at MQM-P headquarters
Karachi police have registered a case under terrorism charges following a scuffle between supporters of Mustafa Kamal-Anis Qaimkhani and Dr Khalid Maqbool
PSX rises as US-Iran peace hopes boost market
Pakistan Stock Exchange climbs to new heights as investor confidence improves amid US-Iran talks and falling oil prices.
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.
Oppo Launches A7 Pro Max with Industry’s Largest Battery
OPPO has unveiled the A7 Pro Max in China, featuring a 10,000mAh battery and advanced AMOLED display. Will it launch in Pakistan?
Apple seeks injunction against OpenAI in AI hardware trade secrets dispute
Apple seeks injunction against OpenAI in ongoing legal dispute over alleged theft of confidential information. Tech giants clash in emerging AI market.
Tasdeeq IPO Fully Subscribed in Record Time
Tasdeeq's IPO fully subscribed within two seconds, reflecting strong investor interest.
KSE-100 Index Rises as Global Markets Rally
The KSE-100 Index gained over 1.2% in early trading, with positive momentum across key sectors and a request for China to refinance…
AI demand drives PMIC price recovery
Vanguard International Semiconductor predicts sustained increase in power management IC prices due to AI server demand through 2027.
SECP Forms Working Group to Review Corporate Debt Market
Pakistan’s Securities and Exchange Commission has established a high-level Working Group to review the corporate debt market, aiming to diversify long-term
Power sector reforms face complex challenges
Reforms in Pakistan’s power sector face complex challenges as Nepra questions reported improvements and calls for modernization.
AMD highlights Helios and hyperscaler deals in AI chip competition
AMD highlights Helios and hyperscaler deals to compete against Nvidia in AI chip market.
Samsung to further reduce smartphone retail presence in China
Korean tech giant Samsung is further cutting its retail footprint in China as part of ongoing strategic changes.
SpaceX Reports Strong Revenue Growth but Subscriber Revenue Slumps
SpaceX reports strong revenue growth and narrowed losses, but faces challenges with subscriber revenue per user.
Waqar Zaka to Sell G-Wagon Prize, Focus on Education
Technology entrepreneur Waqar Zaka plans to sell his recently won Mercedes-Benz G-Wagon to fund educational initiatives in Pakistan.
Government cuts petrol and diesel prices
Petrol reduced by Rs3.39 per litre, HSD by Rs4.07 per litre effective from August 5.