US stocks rise on reduced oil prices amid Iran tensions
Wall Street gains as oil prices drop and President Trump hints at potential progress in talks with Iran.
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Global Markets
Sri Lankan shares close lower for third consecutive session
Sri Lankan shares close marginally lower on Monday, with top losers and reduced trading volume.
Government Scraps New EV and Hybrid Policy Amid Industry Concerns
Local car industry pressures government to cancel new Auto Policy 2026-31, impacting hybrid vehicle sales.
Shehbaz directs roadmap for private equity fund to boost SMEs, foreign investment
Prime Minister Shehbaz Sharif directs establishment of a Private Equity Fund to boost SMEs and foreign investment in Pakistan.
Pakistan seeks IMF flexibility for fuel pricing
Petroleum Minister Ali Pervaiz Malik discusses engagement with the IMF on fuel pricing mechanisms to cushion oil price shocks.
Rawalpindi Municipal Corporation Orders Demolition of Illegal Basements in Raja Bazaar
RMC declares Raja Bazaar basements illegal after heavy rain caused flooding and damage worth billions.
DeepSeek V4-Flash Outshines Competitors in Cost Efficiency
DeepSeek’s V4-Flash is the most cost-effective AI model, costing just 3 cents per benchmark test compared to $3.15 for Claude Fable 5.
Petroleum Sales Surge in Pakistan as Fuel Prices Drop
Petroleum product sales in Pakistan surged by 23% year-on-year in July, driven by lower fuel prices and improved farm economics.
Petroleum Sales Surge in July, Reaching Four-Year High
Petroleum product sales surged by 23% in Pakistan in July 2026, with Motor Spirit and HSD seeing significant increases.
Chinese display makers boost investments in large LCDs and OLEDs
Leading Chinese display manufacturers are stepping up investments in LCD and OLED technologies for larger TVs and notebooks.
AstraZeneca in Talks to Acquire Bristol Myers Squibb
British drugmaker AstraZeneca is considering a $400bn acquisition of US rival Bristol Myers Squibb, creating the world’s fourth-largest pharmaceutical comp
Gold prices rise in Pakistan following international market gains
Gold per tola increases by Rs1,700 while silver rises by Rs54 due to international market gains.
China’s Manufacturing Sector Slows to Four-Month Low in July
China's manufacturing PMI fell to a four-month low, with new export orders showing marginal growth. Firms remain optimistic about future output.
China stocks decline amid AI market turbulence
Chinese blue-chip CSI300 Index falls as AI-related shares decline, while Alibaba sees a boost from new AI model.
Honor Launches Play 11 Pro with Large Battery and High Refresh Rate Display
Discover the Honor Play 11 Pro's features, including a large battery and high refresh rate display.
PSX Gains 2,000 Points as Global Oil Prices Fall
Pakistan Stock Exchange (PSX) sees significant gains amid easing geopolitical tensions and falling oil prices.
PSX rises on delayed US strikes, falling oil prices
Pakistan Stock Exchange gains amid reduced oil costs and optimism over potential US-Iran negotiations.
Mari Energies awards contract for Spinwam gas supply
Mari Energies Limited has awarded Universal Gas Distribution Company a contract for the sale of up to 17.5 million standard cubic feet…
Nepra Member Challenges National Grid Revenue Approval
A Nepra member has challenged the Rs. 332 billion revenue requirement for NGC, arguing inconsistencies in asset and liability treatment.
Mari Energies Secures Gas Sale Deal for Spinwam Discovery
Mari Energies Limited has awarded a contract for natural gas sale from its Spinwam discovery in Khyber Pakhtunkhwa, Pakistan.