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‘We should not treat AI as a threat,’ Australian premier rolls out new AI framework

New set of standards to provide rules for data centers, minimum water usage, underwrite or supply their own power Australian Prime Minister Anthony Albanese on Wednesday rolled out a framework for his country’s approach to artificial intelligence (AI), saying AI would become central to Australia’s productivity, economic resilience, and sovereign capability. In an address at … Read more

Auto sector urges caution on tariff reforms

[ Oppose inclusion of auto sector in FTA talks with Thailand. PHOTO: AFP The proposed overhaul of tariffs under the National Tariff Policy (NTP) 2025-2030 has sparked intense debate within Pakistan’s auto industry, with manufacturers warning that the changes could dismantle the vendor base and manufacturing capabilities built over four decades, potentially leading to irreversible … Read more

PSX rebounds as KSE-100 gains over 1,260 points

Buying in heavyweight sectors helped PSX recover as investors looked past fresh Hormuz-related tensions The Pakistan Stock Exchange (PSX) staged a strong recovery on Wednesday, with investors returning to equities after the previous session’s sharp sell-off, suggesting the market had largely absorbed the shock triggered by renewed tensions surrounding the Strait of Hormuz. The benchmark … Read more