S&P launches blockchain fundamentals index for digital assets
The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalization-weighted crypto indexes.
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Crypto PAC pours $1M into Michigan Democratic primary race
Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the PAC-funded ads.
Govt jacks up petrol by Rs6.39, diesel by Rs7.83 per litre
A petrol pump in the federal capital seen in this undated image. — Online/File
The Oil and Gas Regulatory Authority updates petroleum products prices on a daily basis on its website to ensure transparency and allow the immediate impact of international price fluctuations…
Petrol pump owners defer nationwide strike after negotiations with govt
People wait for their turn to get fuel at a petrol station in Karachi, July 4, 2024. — ReutersPetroleum dealers expect commissions issue to be settled soon.Cabinet to review summary on petroleum dealers’ margins.Daily fuel pricing mechanism undergoes 2-week trial period.
S&P lifts Pakistan’s credit rating to ‘B’ on institutional stability, IMF reform progress
The S&P Global logo is displayed on its offices in the financial district in New York City, US, December 13, 2018. — Reuters
Credit ratings agency S&P Global raised Pakistan’s long-term sovereign credit rating to “B” from “B-” on Wednesday, citing stronger…
Pakistan seeks alternative crude oil sources amid Gulf supply concerns
A cargo ship carrying crude oil can be seen at the Karachi Port Trust in this photograph taken on June 11, 2023. — AFP Petroleum ministry briefs refineries on evolving regional risks.Refineries directed to secure alternative crude supplies.Alternative markets chosen as shipments…
Petrol pumps to shut nationwide for 24 hours as dealers protest over daily pricing
A view of a closed petrol pump due to fake news of petrol price hike again in the country. — Online/FileStrike begins Thursday 6am, ends Friday 6am nationwide.Business Forum urges dealers to reconsider strike decision. Daily pricing policy challenged in Lahore High Court.
Pakistan ‘seeks’ $10bn in US backstop facility to boost reserves
Finance Minister Muhammad Aurangzeb meets US Treasury Secretary Scott Bessent in Washington, US, July 21, 2026. — X/@FinancegovpkPakistan seeks $10 billion in US FX stabilisation facility.Loan aimed at boosting reserves, easing rupee pressure. Request follows Pakistan’s US-Iran war…
Govt selects international bank consortiums for $2bn bond drive
A trader counts US dollar banknotes at a currency exchange booth in Peshawar, January 25, 2023. — ReutersStandard Chartered, Citibank feature across all three consortiums.MUFG Securities and Mashreq Bank join banking roster first time.PKR-denominated USD-settled bonds included for…
Oil prices rise slightly after US announces new round of strikes on Iran
A view shows a pressure gauge near oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. — ReutersUS crude, distillate inventories increase. Oil settled at five-week high Tuesday.US strikes Iran for 11th consecutive night.
Oil prices inched higher…