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AI risk warnings rattle global markets

[ Wall Street’s elite tech index, the Nasdaq 100, slid 1.2% to a six-week low in early trading as chip stocks Reuters September 15, 2026 Less than a minute read A person visits the World Artificial Intelligence Conference in Shanghai, China July 26, 2025. REUTERS BENGALURU: AI-linked stocks plunged worldwide on Monday after leaders of … Read more

MIT Solutions and OGDCL face follow-on in President’s Trophy

Akif Javed (6-79) and Haris Rauf (5-34) bowl extremely well for their respective outfits Kingsmen Academy and PTV Markhor IT Solutions and Oil and Gas Development Company Limited (OGDCL) were made to follow-on by Kingsmen Academy and Pakistan Television (PTV), respectively as day three of the opening round of President’s Trophy Grade-I unfolded across four … Read more

EV tax clarity masks alarm over tariff policy

[ Experts slam tariff cap; warn it undermines localisation, strengthens import reliance KARACHI: The federal government has exempted locally manufactured hybrid electric vehicles (HEVs) with engine capacities of up to 2,000cc from sales tax, providing clarity to a segment that has faced uncertainty over the tax regime. The Ministry of Finance amended sales tax rules … Read more

Gold falls Rs3,800 as global rate hits 1-month low

[ KARACHI: Gold prices in Pakistan fell Rs3,800 per tola on Monday, tracking the decline in international bullion markets, as rising oil prices and stronger-than-expected US inflation data bolstered expectations of a possible rate hike by the Federal Reserve this week. According to the All-Pakistan Gems and Jewellers Sarafa Association, the price of gold fell … Read more