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Business

Market and economic updates.

US Budget Deficit to Soar by $1 Trillion Over Next Decade, Watchdog WarnsBusiness
Jun 23, 2026By Ali Raza Sheikh

US Budget Deficit to Soar by $1 Trillion Over Next Decade, Watchdog Warns

The US federal budget deficit is projected to be $1 trillion higher over the next decade, reaching a cumulative $22.7 tr...

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Global Tech Rout: S&P 500 Falls as Nasdaq Plummets on Chip Stock Sell-OffBusiness
Jun 23, 2026By Ali Raza Sheikh

Global Tech Rout: S&P 500 Falls as Nasdaq Plummets on Chip Stock Sell-Off

Global markets suffered a severe tech-led sell-off, with the Nasdaq dropping 1.32% and South Korea's Kospi plunging 6%. ...

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Massive Relief as Gold Prices in Pakistan Plummet by Over Rs10,000 Per TolaBusiness
Jun 23, 2026By Ali Raza Sheikh

Massive Relief as Gold Prices in Pakistan Plummet by Over Rs10,000 Per Tola

Gold prices in Pakistan crashed by Rs10,400 per tola, mirroring a $104 drop in the international market. The decline is ...

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Pakistan Stock Exchange Thrives as New IPOs Deliver Massive 47% Average ReturnsBusiness
Jun 23, 2026By Ali Raza Sheikh

Pakistan Stock Exchange Thrives as New IPOs Deliver Massive 47% Average Returns

New listings on the Pakistan Stock Exchange (PSX) are delivering an average return of 47%, with tech and rating agencies...

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Pakistan’s Car Sales Skyrocket by 52% as Auto Industry Roars Back to LifeBusiness
Jun 23, 2026By Ali Raza Sheikh

Pakistan’s Car Sales Skyrocket by 52% as Auto Industry Roars Back to Life

Pakistan's auto sector witnesses a massive revival with car sales jumping 52% to 127,042 units in July-April FY26. While...

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Pakistan’s Economy Grows by 3.7% in FY26: A Record Size but a Missed TargetBusiness
Jun 23, 2026By Ali Raza Sheikh

Pakistan’s Economy Grows by 3.7% in FY26: A Record Size but a Missed Target

Pakistan's economy grew by 3.7% in FY26, reaching a record $452.1 billion in size, though it missed the 4.2% government ...

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Pakistan’s Parliament Passes Massive Finance Bill 2026 Amid Fierce Opposition WalkoutBusiness
Jun 23, 2026By Ali Raza Sheikh

Pakistan’s Parliament Passes Massive Finance Bill 2026 Amid Fierce Opposition Walkout

Pakistan's National Assembly has passed the Finance Bill 2026, setting an ambitious revenue target of Rs15.264 trillion ...

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Next-Generation Live Biotherapeutics: Engineered Microbiome Consortia Target Metabolic SyndromeBusiness
Jun 19, 2026By Ali Raza Sheikh

Next-Generation Live Biotherapeutics: Engineered Microbiome Consortia Target Metabolic Syndrome

Next-generation Live Biotherapeutic Products (LBPs) and engineered microbes are revolutionizing the treatment of metabol...

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Brain-Computer Interfaces: Endovascular Stentrodes Restore Communication in ALS PatientsBusiness
Jun 19, 2026By Ali Raza Sheikh

Brain-Computer Interfaces: Endovascular Stentrodes Restore Communication in ALS Patients

Endovascular Brain-Computer Interfaces (BCIs), such as the Synchron Stentrode, are restoring communication and digital c...

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Senolytics in Clinical Trials: Clearing Senescent Cells to Reverse Frailty and Idiopathic Pulmonary FibrosisBusiness
Jun 19, 2026By Ali Raza Sheikh

Senolytics in Clinical Trials: Clearing Senescent Cells to Reverse Frailty and Idiopathic Pulmonary Fibrosis

Senolytics, drugs designed to clear senescent "zombie" cells, are showing promising results in clinical trials for age-r...

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