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PSX Faces Turbulence Amid Geopolitical Tensions, Covid-19 Updates

The PSX's decline was also influenced by a decline in average daily trading volumes and a significant drop in the value of traded shares. The government's successful raising of Rs 557 billion through a Pakistan Investment Bonds auction and the securing of a $1 billion syndicated loan from a foreign commercial bank are expected to provide some stability to the market. The WHO's review of the global response to the pandemic will also provide valuable insights for future pandemic preparedness and response efforts.
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Gold Price Today Surges Amidst COVID-19 Pandemic

The surge in gold prices is a testament to the pandemic's far-reaching impact on the global economy, with investors seeking safe-haven assets amidst the uncertainty. As the world looks towards a post-pandemic future, the gold price today remains a key indicator of the ongoing economic trends and market fluctuations.
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Dollar to PKR: Canadian Dollar Drops Against Rupee

The decline in the Canadian dollar's value is expected to have a positive impact on the Pakistani economy, with increased remittances and trade opportunities. The stability of the Pakistani Rupee is crucial for the country's economic growth, and the current trends suggest a favorable outlook for the currency.
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Crude Oil Price Surges Amid Israel-Iran Conflict

The conflict's impact on the global economy is already being felt, with oil prices rising and markets responding to the uncertainty. As the situation continues to evolve, it remains to be seen how the crude oil price will be affected and what the lasting consequences will be for the global economy.
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UAE Flights Disrupted: flydubai Suspends Services

Travelers can expect continued uncertainty, but with airlines and hospitality providers offering flexible options, there is hope for minimizing disruptions. By staying informed and being proactive, UAE residents can navigate the challenges posed by the Middle East crisis and make the most of their travel plans.
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FBR Retail Sector POS System Issues Resolved

The FTO's ruling addresses key issues with the POS system, including technical flaws, integration costs, and lack of coordination between FBR and PRAL, providing relief to Tier-I retailers and promoting a smoother business environment.
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Pakistani Rupee vs Saudi Riyal Exchange Rate

Remittances from the UAE and Saudi Arabia have been a major contributor to Pakistan's economy, with the Saudi Riyal being the largest source of remittances, and the UAE Dirham being the second largest, totaling $754.2 million and $913.3 million respectively in May 2025.
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Gold Prices in Pakistan Today Decrease Amid ExxonMobil Tax Settlement

The gold price decrease in Pakistan comes as the global economy continues to navigate complex financial transactions and tax regulations. The ExxonMobil settlement highlights the importance of tax compliance, and the impact of the settlement will be closely watched by governments and corporations around the world.
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Government Cracks Down on Sugar Hoarders to Control Inflation

The government's decision to import sugar has raised questions over its earlier approval of sugar exports, and the PSMA has recommended curbing sugar smuggling to manage stock shortages. The crackdown on sugar hoarders and price fixers is a step in the right direction, but the government needs to ensure that its policies are consistent and effective in controlling market inflation, particularly with regards to the sugar trade.
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BISP 13500 June Payment Verification Now Available Online

The 8171 Web Portal provides a convenient and efficient way for eligible women to verify their payment status and receive their 13500 rupees payment, promoting financial inclusion and empowerment.
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Nottinghamshire Railway Project Gains Momentum

With the planning permission in place, the project is on track to achieve its goal of reconnecting the railway line, creating a seamless 18-mile journey through the countryside of Leicestershire and Nottinghamshire, and offering a glimpse into the region's fascinating past.
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Sanjay Kapur's Legacy: Succession Crisis at Sona Comstar

The succession plan for Sona Comstar is likely to be closely watched, given the company's significance in the auto components manufacturing sector and the large estate left behind by Sanjay Kapur, with his children and wife set to play important roles in determining the company's future direction.
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Germany Work Visa for Pakistani Citizens Now Easier

The new online visa portal supports various employment visa categories, including skilled employment, EU Blue Card, Opportunity Card, self-employment, and recognition of academic and professional qualifications, making it easier for Pakistani citizens to navigate the application process and pursue their career goals in Germany.
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Gold prices in Pakistan today plummet amidst global recession

The decline in gold prices and increase in silver prices have significant implications for investors and consumers in Pakistan, with the global market playing a crucial role in shaping the local economy. As the market continues to fluctuate, it is essential to stay informed about the latest developments in gold prices in Pakistan today.
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LESCO Crisis: Overbilling, Theft, and Load-Shedding Issues

The situation is further complicated by the fact that over 140,000 theft cases and Rs 5.49 billion in fines have yet to restore consumer confidence, and load-shedding and voltage fluctuations have damaged appliances, with LESCO often unresponsive to formal complaints. The company must take concrete steps to address these issues and provide relief to consumers who are bearing the brunt of the crisis.
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Box Office Boom 28 years later

The opening of '28 Years Later' and 'Elio' marks a significant moment in the summer box office, with both films expected to perform well and bring in substantial revenue. With 'How to Train Your Dragon' holding strong at the top, the combined domestic total for the three films is expected to be around $90M, making for an exciting weekend at the box office.
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FOMC Meeting Outcome: Interest Rates Remain Unchanged

The Federal Reserve's decision to keep interest rates unchanged has been met with a mixed reaction from markets, with stocks rising and oil prices dropping. The Fed's "dot plot" will reveal how many more rate cuts could be expected this year and further out in the future, and the committee's updated projections for employment, inflation, and GDP growth will provide further insight into the Fed's thinking.
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FOMC Meeting Today: US Stocks Rise Amid Interest Rate Decision

As investors await the FOMC meeting today, they are also monitoring the impact of the Israel-Iran conflict on the global economy, with oil prices surging and the US dollar index slipping 0.1% to 98.73. The outcome of the Fed's decision is expected to have significant implications for the US stock market and the global economy.
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Stable Saudi Riyal to Pakistani Rupee Exchange Rate

The record high remittances from Saudi Arabia in May 2025 have contributed to a significant increase in total remittances for the fiscal year 2024-25, with a 28.8% rise from the same period last year, reaching $34.9 billion.
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Labubu Figurine Sells for $150,325 at Beijing Auction

The auction's total sales of $520,000 and the participation of nearly 1,000 collectors demonstrate the significant interest in Labubu collectibles, with the toys becoming a staple of contemporary culture and a symbol of the growing influence of Hong Kong and mainland China in the art world.
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