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Pakistan flag flying outside a finance ministry buildingPakistan

IMF approves $1.1 billion tranche for Pakistan as reform package clears review

The disbursement follows months of negotiation over fiscal targets and energy subsidies, easing immediate pressure on Pakistan’s foreign reserves.

2 min read
Rain over a Karachi street at duskPakistan

Karachi braces for record monsoon as authorities open emergency operations centre

Met Office warns of above-normal rainfall through July as the city's drainage system, already strained, faces its biggest test in a decade.

2 min read
Aerial view of a UN conference venueWorld

World leaders gather in Nairobi for climate summit as adaptation finance dominates agenda

The first major climate gathering of 2026 puts the spotlight on whether wealthy nations will deliver on long-promised adaptation funding for the Global South.

2 min read
LNG tanker docked at a European portWorld

EU strikes long-term LNG deal with Qatar as gas storage hits record high

The 25-year agreement secures supply through 2051, but critics warn it could lock Europe into fossil dependency well past its 2040 climate target.

2 min read
Cricket ground under floodlightsSports

Pakistan edges India by 4 wickets in Asia Cup thriller in Dubai

Rizwan's unbeaten 86 and a clinical death-overs spell from Shaheen Afridi secured a famous chase under the lights at Dubai International Stadium.

2 min read
Neural network visualisation on a screenTech

Anthropic launches Claude 4.8 with reasoning upgrades, undercuts rivals on price

The new flagship model leads benchmarks in math and code while halving the cost of previous-generation models — a direct shot across the bow of OpenAI and Google.

2 min read
Trading floor with stock tickersBusiness

KSE-100 closes above 95,000 for first time as foreign inflows return

The benchmark index hit a fresh all-time high on the back of IMF optimism, dovish central bank guidance, and a quiet but steady return of foreign portfolio investment.

2 min read
Team meeting in a modern tech officeBusiness

Pakistani fintech Bazaar raises $70m Series C led by Tiger Global

The Karachi-based B2B marketplace becomes the country's most-funded startup as investor sentiment toward emerging-market fintech warms again.

2 min read

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