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.
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Global Markets
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.
Memory price hikes hit smartphone production
Memory costs rise, impacting low-end smartphone manufacturing and power amplifier shipments.
Infineon blocks Innoscience GaN products from US market
US import ban confirmed for Innoscience's infringing GaN products after patent infringement ruling.
Sovereign AI set to drive chipmaking growth
Industry analysis suggests that sovereign AI will be the next major growth area in chipmaking.
Analog Devices completes acquisition of Empower Semiconductor
Analog Devices completes acquisition to strengthen its position in AI power market.
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.
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.
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.
Sindh Government Pledges to Modernize Karachi Fish Harbour
Sindh Provincial Minister Muhammad Ali Malkani pledges modernization of the Karachi Fish Harbour to boost fishing sector and marine economy.
Chinese smartphone sales drop 13% in 2026 618 festival
Sales of smartphones in China fell 13% during the 2026 618 e-commerce event.
Crude oil prices surge amid heightened tensions with Iran
Brent and WTI crude futures reach multi-week highs as heightened tensions between the US and Iran threaten global oil supply through the…
PBF Urges Government to Cut Petrol and Diesel Prices
The Pakistan Business Forum (PBF) has called for a reduction in petrol and diesel prices, citing lower international crude oil prices.
Parliamentary panel urges export of surplus potatoes to Russia
A parliamentary panel directs the Ministry of National Food Security and Research to export surplus potatoes to Russia, aiming to save farmers…
Pakistan to Host OIC Ministerial Conference on Women
Pakistan will host the 9th OIC Ministerial Conference on Women from July 12-13, 2026, focusing on women's empowerment and gender equality.
Pakistan’s Solar Market Shifts Focus to Battery Storage
Solar panel imports in Pakistan have slowed by 61%, while battery imports have surged. The market is moving towards self-consumption and off-grid…
Amazon Portable Fans Popular Among Music Lovers for Summer Concerts
Portable fans from Amazon are popular among music enthusiasts for staying cool during outdoor events. Learn about their features and benefits.
Suspect arrested in suspected rape and murder of 6-year-old boy
A carpenter has been arrested in Karachi after a six-year-old boy was found raped and murdered near Spencer’s Eye Hospital. The case…
Finance Minister Praises SECP’s Regulatory Reforms and Digital Transformation
The Finance Minister reviews the performance of SECP, highlighting digital transformation and regulatory reforms aimed at improving ease of doing business.