Stockbrokers interact during a trading session at Pakistan Stock Exchange in Karachi on May 12, 2025. — AFPKSE-100 Index closed at 156,177.12, up 9,696.98 points, or 6.62%.Index hit intraday high of 158,354.12, up 11,873.98 points, or 8.12%.The index recorded a low of 155,294.65, up…
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ISLAMABAD: The…
Tether’s Uruguay Mining Operations Stall Due To $5-M Energy Debt — Details
Tether’s expansion into Bitcoin mining in Uruguay has run into a major setback after the state-owned electricity provider UTE suspended service to the stablecoin operator’s two mining facilities over unpaid bills of roughly $5 million. The disruption, confirmed on July 25, 2025, comes only two years after Tether unveiled the Bitcoin mining project in the […]
Pakistan secures foreign loans worth $12.4bn in FY25, up $2.6bn
A person counts dollar notes in this illustrative image taken on May 30, 2022. — ReutersForeign loan inflows to Pakistan rise $2.6bn in FY25.Foreign commercial loans stood at $4.297 billion in FY25.Saudi Oil, ADB loans push Pakistan’s FY25 borrowing to $12.4bn.