Auto sector rebounds strongly overall as EV segment struggles amid economic uncertainty
Electric vehicle (EV) sales in Pakistan dropped sharply by 43% in April 2026 compared to the previous month, despite growing concerns over fuel shortages and rising petroleum prices linked to the ongoing Middle East crisis.
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Mattias Grafstrom expects expanded FIFA World Cup to boost global football development
FIFA Secretary General Mattias Grafstrom said preparations for the 2026 FIFA World Cup are progressing smoothly, while expressing confidence that the tournament’s expansion to 48 teams will be a major success.
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Hyundai Pakistan has officially launched the new Elantra 1.6 Limited Edition in the local market, introducing upgraded features, improved comfort options, and a competitive price tag for sedan buyers in Pakistan.
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Geopolitical tensions and rising oil prices trigger heavy selling pressure in Pakistan equities
The benchmark KSE-100 Index at the Pakistan Stock Exchange KSE-100 Index declined sharply by nearly 1,600 points on Tuesday, as heightened geopolitical uncertainty and volatile global oil prices led to widespread profit-taking at the Pakistan Stock Exchange (PSX).
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Bangladesh register maiden Test victory over Pakistan at Mirpur in dramatic final-day collapse
DHAKA – Bangladesh produced a historic performance at the Shere Bangla National Stadium as they defeated Pakistan by 104 runs in the first Test, sealing a landmark win on the fifth and final day of the match.
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Bitcoin falls against US dollar
Bitcoin declined against the US dollar on Tuesday, May 12, 2026, extending recent volatility in the cryptocurrency market.
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Government borrowing rises sharply in FY26
State Bank of Pakistan on Monday reported that government borrowing from commercial banks surged to Rs3.45 trillion during the first 10 months (July-April) of fiscal year 2025-26.
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Pakistan Stock Exchange witnessed a bearish session on Monday as the benchmark KSE-100 index lost around 610 points amid uncertainty surrounding peace talks between Iran and the United States.
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State Bank of Pakistan on Monday announced that Pakistan received $3.5 billion in workers’ remittances during April 2026.
(more…)Bitcoin fell against the US dollar on Monday as investor sentiment weakened amid uncertainty surrounding Iran-US peace talks.
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