Major financial institutions have recently updated their oil price forecasts, with some projecting crude prices could surge to as high as $150 per barrel in the coming months. Analysts at Macquarie have also warned prices hike along with Goldman Sachs.UBS also expected that prices could up to $120 a barrel in case strait of Hormuz…
Google is rolling out a long-requested feature in the latest beta version of its messaging app. The new update allows users to copy only a selected portion of a message instead of copying the entire text, addressing a long-standing limitation in the app. The feature appears in Google Messages beta version 20260306 and has already…
Samsung is expected to unveil its next foldable lineup at its mid-year Galaxy Unpacked event, where attention will likely focus on the larger Galaxy Z Fold series. However, the Galaxy Z Flip 8 is also generating early buzz after a new leak revealed details about its battery capacity and overall specifications. Early information suggests the…
United States has granted a temporary license for around 19 million barrels of Russian crude oil for sale in Asian markets, according to a report from OilPrice.com. The U.S. Treasury has moved a ahead to grant approval until April 11 purchases of Russian crude that were stuck in tankers in floating storage. This development comes amid…
Pakistani oil consumers may suffer more shocks in coming days as Goldman Sachs now sees Brent averaging above $100 in March as the Strait of Hormuz disruption squeezes supply and keeps traders focused on prolonged war risk. Pakistan is heavily dependent on oil imports which are at risk due to tension in Gulf region. Pakistan…
Islamabad: The Pakistan IT Industry Association (P@SHA) has highlighted the transformative potential of 5G technology, terming it a crucial catalyst needed to exponentially boost the country’s IT exports and digital economy. It is pertinent to note that P@SHA has strongly, unrelentingly advocated to streamline and expand the connectivity spectrum of the country at the highest…
Pakistan’s listed fertilizer sector recorded the profitability of Rs141.1bn, up by 10% YoY. The YoY increase is primarily led by 1) higher urea offtakes, 2) higher other income, and 3) lower other charges. In 4Q2025, the profits reached Rs38.1bn, down by 2% YoY and up 3% QoQ. The net sales of the sector clocked in…
ISLAMABAD,: The Securities and Exchange Commission of Pakistan (SECP) has approved several new annuity products to strengthen retirement income security and support the development of Pakistan’s annuity market. The approved products include life-contingent annuities, deferred annuities, annuities with guaranteed payments, and hybrid annuity structures combining guaranteed and lifetime income benefits. These products will help retirees…
Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry announced Friday the launch of a new feeder shipping service from Karachi Port to the United Arab Emirates, marking a key step toward transshipment capabilities. In a statement Junaid Anwar Chaudhry said that Karachi Gateway Terminal (Private) Limited (KGTL) which is KPT’s major business partner will…
Gold prices in Pakistan fell sharply on Friday, with the rate of 24-karat gold dropping to Rs533,262 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association. The association said the price declined by Rs7,100 per tola compared with the previous trading session. The rate for 10 grams of 24-karat gold was recorded…