PSX plunges nearly 1,000 points as Middle East conflict rattles investors

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Pakistan’s stock market fell by about 1,000 points on Tuesday. Fears tied to rising geopolitical stress, connected to fighting in the Middle East, made...

Car shortage hampers ride-hailing services

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Pakistan's ride-hailing market has reached about 5% of the country’s population, while globally it stands at around 20%. This shows there is a lot...

Weekly inflation increases 0.65%, annual rate climbs to 8.35%

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Pakistan’s weekly inflation increased by 0.65 per cent, pushing the inflation rate to 8.35 per cent. According to figures released by the Pakistan Bureau of...

SECP issues show-cause notices to 28,761 companies

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The Securities and Exchange Commission of Pakistan (SECP) has sent show-cause notices to 28,761 companies. These companies did not submit the required details about...

ADB, Pakistan Agree to Joint Working Group for Rail Reforms

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The Asian Development Bank (ADB) and Pakistan have decided to start the creation of a joint working group that will work on institutional reforms...

OpenAI says Apple is to blame in trade-secret dispute

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OpenAI said no to Apple's claims about stealing trade secrets on Monday. They said Apple didn't prove that any secret information was taken by...