Pakistani Rupee Gains Slightly Against US Dollar
The Pakistani rupee appreciated 0.01% against the US dollar on Wednesday, while global currencies and oil prices saw significant movements.
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Global Markets
SG Power Secures Deal to Distribute Japanese Medical Devices in Pakistan
SG Power Limited signs agreement with Lablink Enterprises for distribution of Nipro Corporation’s hospital products in Pakistan.
Primetime Emmy Nominations Livestream Set for July 8
The Primetime Emmy nominations will be announced via livestream on July 8. Watch the announcement for Bad Bunny, Zendaya, and more.
Gulf stock markets decline amid Middle East tensions
Most Gulf bourses closed lower due to renewed U.S.-Iran conflict fears and oil supply concerns.
Fauji Foundation to Acquire Major Stake in Askari Insurance Companies
Army Welfare Trust to transfer 51% shares of Askari General and Life Assurance companies to Fauji Foundation, maintaining current control structures.
Jet2 reports strong summer holiday bookings amid Middle East ceasefire
Summer holiday bookings have increased by 7.1% for Jet2 as the company sees a recovery amid fragile Middle East ceasefire.
PSX Plummets as Trump’s Iran Comments Spark Market Concerns
The Pakistan Stock Exchange's KSE-100 index dropped over 4,800 points amid US President Donald Trump's statement that the memorandum of understanding with
KSE-100 Plummets as US-Iran Tensions Spark Market Fears
The KSE-100 Index fell by over 6,400 points as tensions between the US and Iran intensified. Key sectors saw significant selling pressure.
DeepSeek Aims to Develop AI Chip Competing with Nvidia
Chinese AI firm DeepSeek is reportedly developing its own AI chip focusing on inference. The project aims to reduce reliance on Nvidia…
SG Power Expands into Medical Devices Market with Nipro
S.G. Power Limited has entered Pakistan's medical devices market through a distribution agreement with Japanese healthcare company, Nipro Corporation.
Gold prices fall in Pakistan as international market declines
Gold and silver prices decline in Pakistan following international market trends.
Mexican filmmaker praises resilience at Bogotá Audiovisual Market
The Kitchen director Alonso Ruizpalacios acknowledges disappointment at Bogotá Audiovisual Market, urging collective resilience.
PSX Plummets by Over 2,900 Points Amid Profit-Taking
The Pakistan Stock Exchange's KSE-100 index drops significantly amid profit-taking and economic optimism. Heavyweight stocks contribute to the decline.
Finance Minister Puts AI at Heart of Tax Reform
Finance Minister Muhammad Aurangzeb discusses AI-driven tax reforms, upcoming bond issuances and the role of banking in Pakistan’s economic growth.
US dollar rises as New Zealand hikes interest rates
The US dollar reached its highest level in a week amid renewed strikes on Iran, while New Zealand's Reserve Bank of New…
Iran targets US sites in Bahrain, Kuwait after US strikes
Iran's Revolutionary Guards targeted US military sites in Bahrain and Kuwait following US strikes on Iran. No civilian deaths reported.
Finance Minister Pledges Support for Capital Markets and Ease of Doing Business
Minister Muhammad Aurangzeb pledges support for capital markets and ease of doing business, highlighting reforms in company registration, insurance, and st
Supreme Court Upholds Women’s Inheritance Rights
The Supreme Court of Pakistan has ruled that tribal customs cannot deny women their lawful inheritance, upholding Islamic law and constitutional rights.