Bitcoin firm Twenty One Capital drops 20% on first day of trading
Twenty One Capital came to market with over $4 billion in Bitcoin, but its lack of publicly shared business plans appears to have led some investors to the exit.
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Vivek Ramaswamy’s Strive to raise $500M to buy Bitcoin
Strive, co-founded in 2022 by American entrepreneur Vivek Ramaswamy, launched a $500 million preferred stock offering to acquire more Bitcoin and Bitcoin-related products.
Stripe’s stablecoin blockchain Tempo launches public testnet
Public testnet for the Stripe-and-Paradigm-built payments blockchain is now live, featuring tools for developer onboarding and stablecoin testing.
Govt slashes electricity rates on excess consumption by Rs15 per unit
A representational image of a transmission tower, also known as an electricity pylon. — AFP/FileAgricultural consumer using 100 units to get relief of Rs7 per unit.Industrial user with 1,000 units to get power at lower rate by Rs5.New rates apply to excess consumption compared to…
ECC approves hike in profit margins of petroleum dealers, OMCs
Employees at a fuel station attend to their customers in Islamabad, Pakistan, on February 16, 2022. — AFP/FilePetrol diesel rates likely to rise up to Rs2.56 per litre: sources.Committee approves amendments to vehicle import procedure.ECC okays summary seeking curbs on chloroform…
‘Too much tax’ imposed on mobile phones, says lawmaker
The image shows a person holding smartphones. — Reuters/FileFBR to review valuation mechanism by March.Only 6% phones imported in Pakistan, says PTA.Committee urges serious work on reducing taxes.
ISLAMABAD: The National Assembly’s Standing Committee on Finance on…
PSX closes at all-time high as investors cheer IMF’s tranche approval
A broker talks on phone as he looks at an index board showing the latest share prices at the PSX in Karachi on February 10, 2023. — AFPKSE-100 index gains over 1,200 points in intraday trading. Analysts cite optimism on economy, IMF programme.Strong liquidity inflows fuel fresh market…
PPP chief urges Centre to let provinces collect sales tax on goods
ُPPP Chairman Bilawal Bhutto-Zardari speaks during an event on December 5, 2025. — Facebook@Bilawalhouse”Provinces should receive surplus over targets”, notes Bilawal.PPP chairman stresses digitisation of Federal Board of Revenue.Says resolving Centre’s economic woes…
Remittances rise 9% to $16.1bn in first five months of FY26
A currency exchange dealer holds dollars in his hands. — AFP/FileNovember inflows rise YoY but fall from October.Saudi Arabia stays Pakistan’s largest remittance source.Brokerage projects FY26 remittances to reach $41bn.
Workers’ remittances to Pakistan rose 9%…
Dr. Oz Tells His Federal Employees to Eat Less
“You don’t have to try every cookie on the holiday table,” wrote Mehmet Oz in an email to all Centers for Medicare and Medicaid Services staffers.