World Cup 2026 repackages football as luxury product
FIFA World Cup 2026 has been described by David Webber as a celebrity-driven event that transforms football into a luxury product, driving…
Tag
Inflation
Pakistanis Boost Battery Storage as Solar Market Grows
Cumulative lithium-ion battery storage imports in Pakistan reached 7.6 GWh by end of 2025, driven by residential consumers and rising electricity costs.
Government Introduces Daily Petrol and Diesel Pricing
The federal government has announced a new daily pricing system for petrol and diesel, aimed at passing international oil price changes directly…
Oil Marketing Association Urges Government to Address Financial Crisis
The Oil Marketing Association of Pakistan warns that delays in payment could force small oil marketing companies out of business, urging immediate…
Tech Stocks Suffer as AI Model Competition Heats Up
S&P 500 and Nasdaq indexes decline due to concerns over AI-related spending, with chip stocks leading the fall. Netflix shares also drop…
Government to Fix Fuel Prices Daily Amid Gulf Tensions
Petroleum Minister Ali Pervaiz Malik announced daily fuel price adjustments due to renewed hostilities between Iran and the US in the Persian…
Government to Fix Fuel Prices Daily Amidst US-Iran Tensions
Petroleum Minister Ali Pervaiz Malik announces daily fuel price adjustments due to renewed hostilities between Iran and the United States.
Federal Government to Review Fuel Prices Daily
Petroleum Minister Ali Pervaiz Malik announces daily reviews of fuel prices amid global oil rate surge.
Apple edges closer to overtaking Nvidia in race for world’s most valuable tech company
Apple's market valuation is closing the gap with Nvidia, reflecting a broader investor sentiment shift and strategic moves by Apple.
Semiconductor stocks decline; oil prices rise
Chipmaker stocks fall as oil prices surge by over 10% this week, with Japanese authorities stepping in to support the yen.
Gold Prices Plunge in Pakistan
Gold and silver prices fell sharply in Pakistan on Friday. International gold prices also decreased by $36 per ounce.
Copper Prices Fall as Middle East Tensions Impact Global Markets
Copper prices declined due to escalating tensions between the U.S. and Iran, disrupting shipments through the Strait of Hormuz.
PTA Warns High Taxes Will Hinder 5G Adoption
The Pakistan Telecommunication Authority warns that high taxes on smartphones could delay 5G adoption, urging the government to rationalize duties.
Gold prices fall in Pakistan following international market
Local gold rates decrease by Rs3,600 per tola following international market decline.
IT and financial stocks drive Indian market gains
Indian benchmarks rose on Friday, led by IT and financial sectors. Tech Mahindra's strong quarterly results boosted the IT index, while Reliance…
Malaysian Palm Oil Futures Rise Despite Dalian Weakness
Malaysian palm oil futures gained for a second consecutive week, tracking the performance of competing vegetable oils and targeting July’s high.
Pakistani rupee gains against US dollar
The Pakistani rupee strengthened by Re0.01 to close at 277.96, influenced by US inflation data and global currency trends.
FDA Approves First Non-Injectable Pill to Lower Cholesterol
Merck's Lipfendra reduces bad cholesterol by over 55% in clinical trials and is expected to benefit millions of Pakistanis.
Iran launches fresh attacks on US facilities in Gulf amid ongoing strikes
Iran continues its strikes on American military bases while US forces target Iranian military sites in the Gulf. The conflict has halted…
Rupee Overvaluation Hits Export Sector
Pakistan’s REER reached a seven-year high, making exports less competitive and potentially widening trade imbalances.