National Savings Goes Digital for Smarter Investments
National Savings has taken a major step toward digital transformation by introducing a smarter and more convenient way for investors to manage their savings and investments. The initiative aims to…
Oman Labour Laws explained for Pakistanis
Pakistanis planning to work in Oman are being urged to familiarize themselves with the Sultanate’s labour laws as demand for skilled and semi-skilled workers continues to grow across multiple sectors.…
Jam Kamal Invites Meta to Support Pakistan’s AI, E-Commerce Push, Train 1,000 SMEs
Federal Minister for Commerce Jam Kamal Khan has invited Meta to collaborate with Pakistan in accelerating the country’s digital transformation through artificial intelligence (AI), e-commerce development, and capacity-building initiatives aimed…
Trump scraps threat of 20% fee on Hormuz cargo as US resume blockade of Iran
U.S. President Donald Trump has withdrawn his proposal to impose a 20% fee on cargo transiting the Strait of Hormuz, reversing the plan just a day after announcing it. Instead,…
Microsoft Axes 4,800 Jobs in Biggest Xbox Shake-Up Ever
Microsoft has announced 4,800 job cuts about 2.1% of its global workforce with Xbox bearing the biggest blow. More than 1,600 roles at Xbox are being eliminated immediately, four game…
Japan Quintuples Visa Fees in First Price Hike in Nearly 50 Years
Japan has announced a dramatic increase in visa fees, raising charges for foreign travelers by five times in what officials describe as the country’s first revision of visa issuance fees…
Struggling Pizza Hut Chain to Be Sold for $2.7 Billion
One of the world’s most recognizable pizza brands, Pizza Hut, is set to change hands in a deal valued at approximately $2.7 billion, marking a significant turning point for the…
Elon Musk Becomes World’s First Trillionaire as SpaceX Shares Soar on Historic Stock Market Debut
Elon Musk has become the world’s first trillionaire after SpaceX shares surged following the company’s historic stock market debut, marking a milestone in financial and business history. SpaceX, the rocket…
Govt to Present Federal Budget 2026-27 on June 10
In a significant development for Pakistan’s economy, the federal government is set to present the Federal Budget 2026-27 on June 10, following consultations with coalition partners and senior economic stakeholders.…
Pakistan Stock Exchange ends sharply lower
The Pakistan Stock Exchange (PSX) ended the trading session sharply lower on Tuesday, with investors engaging in widespread selling amid concerns over market volatility and profit-taking activities. The benchmark KSE-100…