Kalshi see valuation double to $22B after $1B raise as prediction markets boom
Fresh capital from top Wall Street and Silicon Valley firms signals increasing confidence in regulated event trading and retail prediction markets.
Samson Mow defends Strategy selling portions of its Bitcoin treasury
The Bitcoin advocate spoke up after Michael Saylor signaled that the company might sell some BTC, a major departure from the Strategy founder’s previous rhetoric.
Crypto Polo Cup returns for its fourth edition in Palm Beach during Consensus Miami week
Hosted by Luna PR, the fourth edition of the Crypto Polo Cup (CPC) will take place on May 9, 2026, at the Santa Clara Polo Club, alongside Consensus Miami.
Oil price bets ahead of Iran war news totalled $7bn, shows reporting
A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, US February 18, 2025. — ReutersTraders place positions before key Trump announcements.Unusual trading activity spans Brent, WTI, gasoline, diesel futures.Experts say trades appear…
PTA mobile tax relief for overseas Pakistanis ‘under review’
A man checks an iPhone 16 Pro at an Apple store in Beijing, China September 20, 2024. — ReutersGovt making efforts to facilitate overseas Pakistanis: Tariq Fazl.Budget 2026-27 considers duty cut on imported phones.Proposal suggests reducing sales tax from 25% to 18%.
IMF warns of ‘inevitable’ AI-powered threats to global financial system
A person visits the World Artificial Intelligence Conference in Shanghai, China July 26, 2025.— Reuters/File
The International Monetary Fund warned on Thursday of the risks to global financial stability posed by cyberattacks powered by advanced artificial intelligence…
Govt restricts private OMCs from importing high-speed diesel
Employees at a fuel station attend to their customers in Islamabad on February 16, 2022. — AFP/FileRestriction on private imports to remain until Middle East stabilises.Private OMCs must get NCMC approval to import high-speed diesel.Step introduces oversight to manage volumes foreign…
Pakistan assures IMF of ‘ending subsidy’ for 200-unit power consumers
The International Monetary Fund logo is seen outside the headquarters. — Reuters/FileNew subsidy model aims to curb misuse.E-Abiana system expansion planned nationwide.IMF board to review RSF tranche tomorrow.
ISLAMABAD: Pakistan has assured the International Monetary…
Oil slides, dollar slips as Asian stocks rally on US-Iran deal optimism
Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, on June 23, 2025. — AFPJapan’s Nikkei catches up on AI rally, surges to a record.Oil nurses…
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