Gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain on October 8, 2025. — ReutersFederal Reserve chief confirms Justice Dept probe.Gold surges 1.6% to nearly $4,600 per ounce.Silver approached $85 per ounce; dollar falls by 0.2%.
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Cigarettes without FBR tax stamps to be seized across country
An ashtray filled with cigarette butts is seen on an outdoor smoking stand at a bus stop. — AFP/FileGrade-16 officers can seize untaxed tobacco across Pakistan.New powers include checks at shops, warehouses and vehicles.Pakistan collected record Rs298bn tobacco taxes in 2024.
Iran says it has enough foreign currency despite US sanctions
A man walks past the Central Bank of Iran in Tehran, Iran. — Reuters/FileCentral bank governor says ready to inject up to $2bn into market.Iran has domestic reserves, other resources: Abdolnaser Hemmati.Hemmati admits economic conditions have become difficult.
Iran has…
Crude oil rises as US-Iran peace hopes offset by fresh Centcom strikes in Middle East
Oil platforms and pumpjacks at Lake Maracaibo, in Cabimas, Venezuela, January 26, 2026. — ReutersIran officials in Doha for talks over potential deal with US.US stock futures pare gains, European stock futures mixed.Bonds steady after last week’s rout on inflation, rate hike fears.