Bitcoin traded in a volatile range over the past week, posting modest gains despite sharp intraday swings, while remaining significantly lower compared with levels seen a year earlier, according to compiled market data on Thursday.
(more…)Author: Faisal Shahnawaz
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Islamabad United cruise past Karachi Kings with 8-wicket win
KARACHI, April 16, 2026 — Islamabad United delivered a dominant all-round performance to defeat Karachi Kings by eight wickets in the 25th match of Pakistan Super League (PSL) season 11 at the National Bank Stadium on Thursday.
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Why PHEVs Are Outpacing EVs in Pakistan’s Auto Revolution: Chery Master
As the global auto industry accelerates toward electric mobility, a different trend is emerging in developing economies like Pakistan, where plug-in hybrid electric vehicles (PHEVs) are gaining traction faster than fully electric vehicles (EVs).
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Pakistan forex reserves fall $1.37 billion after Eurobond repayment
KARACHI, April 16, 2026 — Pakistan’s foreign exchange reserves declined sharply by $1.37 billion in the week ended April 10, 2026, primarily due to the repayment of a sovereign Eurobond, the State Bank of Pakistan (SBP) said on Thursday.
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KSE-100 surges for third straight day as peace talk hopes fuel rally
KARACHI, April 16, 2026 — Pakistan’s stock market extended its winning streak on Thursday, with the benchmark KSE-100 index rising for a third consecutive session as investor sentiment strengthened on expectations of renewed US–Iran peace talks.
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BankIslami to issue Rs5 billion Sukuk to strengthen capital base
KARACHI, April 16, 2026 — BankIslami Pakistan Limited has approved the issuance of a Shariah-compliant Sukuk worth up to Rs5 billion, aiming to strengthen its regulatory capital and support future growth, the bank said in a filing with the Pakistan Stock Exchange (PSX) on Thursday.
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Pakistan posts $1.07 billion current account surplus in March 2026
KARACHI, April 16, 2026 — Pakistan recorded a current account surplus of $1.07 billion in March 2026, according to balance of payments data released by the State Bank of Pakistan (SBP) on Thursday, reflecting an improvement from the previous month despite ongoing regional tensions.
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MG Pakistan Expected to Launch New 2026 MG HS Facelift in Pakistan
MG Pakistan is gearing up to shake up the local SUV market once again, with strong indications pointing toward the launch of the 2026 MG HS facelift in Pakistan.
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Bitcoin climbs near $75,000 on optimism over US-Iran peace talks
Bitcoin surged close to the $75,000 level on Wednesday, extending recent gains as investors reacted to renewed optimism over potential peace talks between the United States and Iran, which improved broader risk sentiment across global markets.
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UBL says GCC exposure contained despite Middle East tensions
KARACHI, April 16, 2026 — United Bank Limited (UBL) said on Wednesday that its exposure to the Gulf Cooperation Council (GCC) region remains limited and well-secured, even as geopolitical tensions in the Middle East continue to create uncertainty in global financial markets.
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