Chinese AI firms shift focus to commercial licensing
Chinese LLM providers are adopting new pricing strategies and commercial models for greater sustainability.
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Inflation
PSX sees sharp decline as selling resumes
The KSE-100 Index fell by over 700 points amid concerns over the Strait of Hormuz and US jobs data.
Oil prices surge amid heightened tensions in Strait of Hormuz
Brent crude futures gain $3.09 amid Iranian bill to ban US and Israeli vessels from the Strait of Hormuz, while Houthi attacks…
Trump signs tariffs on polysilicon, benefits US and non-Chinese producers
US President Donald Trump imposes tariffs on polysilicon, benefiting US and non-Chinese producers at the expense of Chinese manufacturers.
UBG President Expresses Concern Over Trade Deficit
Pakistan’s trade deficit increased by 25% in July 2026, with energy prices driving import costs higher.
Government’s Digital Monitoring Initiative for Oil Sector Receives Praise
Government’s push for digital transformation at OGRA to improve market discipline and consumer confidence in Pakistan's oil sector.
Oil prices rise amid concerns over Red Sea shipping
Brent crude futures settle up $3.04 as Iran reviews bill to ban US and Israeli vessels from Strait of Hormuz.
Jamaat-i-Islami announces nationwide sit-ins against petroleum levy
JI Emir Hafiz Naeemur Rehman announced 510 sit-ins across Pakistan, demanding the price of petrol be reduced to Rs225 per litre.
Government reduces petrol and high-speed diesel prices
Petrol and HSD prices cut effective from August 7, following international market trends.
Disney+ Considers Free Streaming Service to Attract Price-Sensitive Customers
Disney CEO confirms exploration of a free streaming service to attract price-sensitive customers.
Copper prices hit six-month high amid supply concerns
Copper prices reached their highest level in six months due to supply concerns and potential U.S. import tariffs.
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.
Meta Launches Cheaper Coding Agent to Compete with Anthropic and OpenAI
Meta has released Muse Code, a cheaper AI coding agent designed to compete with Anthropic’s Claude Code and OpenAI’s Codex.
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.
Gold prices rise in Pakistan as international rates climb
Gold per tola price increases by Rs11,300 as international rates climb.
Euro zone bond yields steady despite French supply concerns
German 10-year and 2-year bond yields remain stable, while French bonds face scrutiny ahead of a €13 billion supply.
Huawei Unveils New Ultra-Thin MateBook Pro S and MatePad Pro
Discover Huawei's latest MateBook Pro S and MatePad Pro with OLED displays, Kirin processors, and HarmonyOS.
Government adjusts fuel prices: Petrol up by Rs4.45, HSD down by Rs2
Petrol price increased by Rs4.45 per litre, while HSD decreased by Rs2 per litre effective August 6.
Engro Fertilizers Stands Firm on Urea Prices Amid Strong Demand
Engro Fertilizers maintains its pricing strategy despite high inventories and rising costs, with strong seasonal demand expected to clear stocks.
Ring Offers Significant Discounts on Latest Video Doorbells
Ring’s Wired Doorbell Pro and Battery Doorbell Plus are discounted by $50 and $60 respectively. Core features like motion detection and two-way…