PSX Rebounds on Banking Rally, Record Remittances & Strong Debt Auctions

The Pakistan Stock Exchange (PSX) staged a robust recovery on Thursday, with the KSE-100 Index jumping 1,155.66 points (0.87%) to an intraday high of 133,774.88, reversing Wednesday’s losses. The rally was fueled by banking sector gains and optimism over improving macroeconomic indicators, including record remittances and successful government debt auctions. Remittances & Forex Reserves Boost Confidence Investor sentiment strengthened after […]

Pakistan U18 Hockey Team Advances to Asia Cup Semi-Finals After Beating China

Pakistan’s Men’s U18 hockey team maintained their unbeaten streak in the Asia Cup 2025 with a thrilling 2-1 victory over China at the Dazhou National Hockey Training Centre. The win secured their place in the semi-finals, where they will face Malaysia on Friday. Pakistan’s early dominance paid off as Hassan Shahbaz opened the scoring in […]

“Let them come, but they won’t change anything”: PML-N’s Siddiqui on Khan’s sons joining PTI protests

Pakistan Muslim League-Nawaz (PML-N) Senator Irfan Siddiqui has dismissed the potential impact of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan’s sons joining the party’s anti-government campaign. Speaking on Geo Pakistan, Siddiqui stated that Qasim and Suleiman Khan’s involvement would not trigger any major political upheaval, provided they operate within legal limits. The comments follow PTI leader Aleema […]

Linda Yaccarino Exits as X CEO in Surprise Resignation

Linda Yaccarino, the CEO of Elon Musk’s X (formerly Twitter), has abruptly announced her departure from the company. The move comes just months after Musk’s artificial intelligence startup, xAI, acquired the social media platform. Yaccarino, 61, stated in an X post that she decided to step down, though the timing raises questions given Musk’s history […]

Bitcoin Hits Record High Near $112,000 as Institutional Demand Surges

Bitcoin reached an all-time high of nearly $112,000 on Wednesday, driven by strong institutional interest and a favorable market environment. The cryptocurrency briefly touched $111,988.90 before stabilizing around $111,259, marking an 18% increase since the start of the year. Analysts attribute the rally to growing confidence among large-scale investors, who now see Bitcoin as a […]

OpenAI Set to Challenge Google Chrome with AI-Powered Browser!

OpenAI is on the verge of launching an artificial intelligence-driven web browser that could compete with Alphabet’s Google Chrome, according to sources familiar with the matter. The new browser, expected to debut in the coming weeks, aims to transform how users interact with the internet by leveraging AI technology. This move could challenge Google’s stronghold […]

Amazon Eyes Major New Investment in AI Firm Anthropic

Amazon is reportedly in talks to make another multibillion-dollar investment in artificial intelligence company Anthropic, according to a Financial Times report. The potential move would expand on the $8 billion already committed by the e-commerce giant, reinforcing its strategic partnership with the OpenAI rival. Neither Amazon nor Anthropic confirmed the discussions when contacted by Reuters. Battle for […]

Tesla Plans Bay Area Robotaxi Expansion Within Months, Pending Approval

Tesla CEO Elon Musk announced Wednesday that the company’s robotaxi service will expand to the San Francisco Bay Area in “a month or two,” pending regulatory approval. The move follows a limited test launch in Austin, Texas, last month, where a small fleet of Tesla vehicles operated with safety monitors onboard. Musk revealed plans to […]

Asian Stocks Edge Higher Amid Nvidia Optimism, Tariff Concerns

Asian stocks saw modest gains on Thursday, buoyed by Nvidia’s brief ascent to a historic $4 trillion market valuation. Investors largely overlooked U.S. President Donald Trump’s latest tariff threats, including a proposed 50% duty on copper imports set to take effect August 1. The MSCI Asia-Pacific ex-Japan index rose 0.4%, while Japan’s Nikkei fell 0.6%. […]

ANP’s Samar Bilour Switches Allegiance to PML-N Ahead of Martyred Husband’s Death Anniversary

PESHAWAR: In a major political shake-up, Samar Bilour, a prominent leader of the Awami National Party (ANP) and widow of the late Haroon Bilour, has officially joined the Pakistan Muslim League-Nawaz (PML-N). High-Profile Meeting with PM Shehbaz The decision was finalized during a meeting with Prime Minister Shehbaz Sharif in Islamabad, where Bilour expressed her confidence in the PML-N’s leadership and policies. Senior […]