Gold Prices: Bullion Slips as Investors Book Profits Ahead of US Inflation Data
Spot gold falls 0.6% after gaining more than 1% in the previous session, while investors assess US monetary policy signals and developments in the Middle East.
Year: 2026
Saudi-Pakistan Fund: Investors Launch Multi-Hundred-Million-Dollar Private Equity Initiative
The proposed fund will direct 75% of its investments towards Pakistan and 25% towards Saudi Arabia, targeting opportunities in agriculture, mining, construction and infrastructure.
Sugar Export: TCP Reopens Bidding for 108,000 Tonnes Without Reserve Price
Pakistan’s state-run trader invites international buyers to purchase surplus imported sugar after its first export tender failed to attract any bids due to a high reserve price.
Houthi Missiles: Saudi Coalition Intercepts Three Missiles Targeting Riyadh and Southern Regions
Saudi air defences intercept two missiles aimed at Riyadh and another targeting the kingdom’s south as hostilities with Yemen’s Houthis intensify.
Oil Prices: Brent and WTI Slip as Trump Signals Restraint on Iran
Crude futures extend losses after US President Donald Trump puts further military strikes against Iran on hold, easing concerns over prolonged Middle East supply disruptions
Nvidia Shares: Stock Falls 5% as Board Investigates Alleged Foreign Intelligence Targeting of CEO
Internal probe into reports involving CEO Jensen Huang raises questions about leadership continuity and investor confidence in the AI chipmaker.
Auto Policy: Pakistan Urged to Finalise New Framework Without Further Delays
Proposed tax incentives for new energy vehicles could reduce emissions and fuel imports, while tariff reforms aim to create a fairer competitive environment for local assemblers
PSX Rally: KSE-100 Gains Over 3,400 Points as Trump Signals Pause in Iran Strikes
Falling oil prices and easing fears of further military escalation between the US and Iran boost investor confidence across local and global markets.
Remittances Rise: Pakistan Receives $3.9 Billion from Overseas Workers in October
Inflows increase 13.8% year-on-year and 8.5% month-on-month, taking total remittances for the first four months of FY27 to $14.8 billion.
11 Million People Face Acute Hunger Across Pakistan
Millions face crisis-level food insecurity as climate shocks, rising prices and weaknesses in agricultural supply chains put pressure on household food access.