RedStone launches settlement layer to address RWA liquidity gap in DeFi lending
A new system targets the mismatch between fast DeFi liquidations and slow asset redemptions, a key barrier to the use of tokenized assets in lending markets.
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Bitcoin Coinbase Premium turns negative as BTC price drops, weekly losses top $829M
Bitcoin price followed weakening US spot market demand as the Coinbase Premium Index turned negative for the first time in three weeks.
Nepra abolishes application fee, licence rule for solar systems up to 25KW
A worker kneels by one of the solar cell panels over the water surface of Sirindhorn Dam in Ubon Ratchathani, Thailand, April 8, 2021.— Reuters
The National Electric Power Regulatory Authority has abolished the licence requirement and application fee for solar consumers…
Energy costs this year to hit highest since Ukraine invasion: World Bank
Smoke and steam billow from Belchatow Power Station, Europe’s largest coal-fired power plant powered by lignite, in Kleszczow, Poland. — Reuters/FileEnergy costs likely to surge up to 24%: WB.War severely hit global economies: economist.WB says metal cost expected to hit all-time…
SBP announces bank holiday on May 1 on account of Labour Day
This file photo shows State Bank of Pakistan building. — AFP
The State Bank of Pakistan announced on Tuesday that banks nationwide will remain closed on May 1 on account of Labour Day.
A brief notification issued by the central bank stated that May 1 has been…
UAE leaves Opec and Opec+ in huge blow to global oil producers’ group
A view shows the logo of the Organization of the Petroleum Exporting Countries outside its headquarters in Vienna, Austria, May 28, 2024.— Reuters Gulf states struggle to ship exports via Hormuz.UAE exit represents a big win for the US.UAE criticises Arab states for not doing…
No plans to seek new financing from other friendly nations after Saudi support: FinMin
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, speaks during the High-Level European Union-Pakistan Business Forum in Islamabad on April 28, 2026. — AFPGovt focusing on commercial financing for economic needs: FinMin.Says remittances stable, including from UAE…
Crude oil surges past $108 per barrel as Gulf disruption fears outweigh diplomatic signals
Oil platforms and pumpjacks at Lake Maracaibo, in Cabimas, Venezuela, January 26, 2026. — ReutersOil rises on continued Mideast supply disruption fears.Brent up 2.75% at $108.23; WTI up 2.09% at $96.37.Shipping through Strait of Hormuz remains constrained.
Oil prices…
Budget airlines first to cut flights as jet fuel prices soar
An aircraft of low-cost Irish airline Ryanair is prepared pre-flight at the Berlin-Brandenburg airport in Schoenefeld near Berlin, on April 4, 2024. — AFP
PARIS: Ryanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a…
The M5 MacBook Air Has Never Been Cheaper
Despite launching less than two months ago, the M5 MacBook Air has dropped back down to its lowest price since launching.