People work near the headquarters of the Pakistan Telecommunication Authority (PTA) in Islamabad, August 16, 2024. — AFP KARACHI: The Pakistan Telecommunication Authority (PTA), in its annual report for 2024, said that even with increasing broadband penetration, Pakistan will experience a difficult transition to 5G, News reported Thursday. There are concerns over the financial challenges … Read more
An active broker under surveillance at the PSX on November 28, 2024. — INP The capital market extended its upward trajectory on Tuesday, exceeding the 117,000 point mark for the first time. Investor optimism remained strong, supported by the State Bank of Pakistan’s (SBP) policy rate cut yesterday, improving macroeconomic indicators and expectations of a … Read more
Stock brokers answer phone calls and monitor stock prices on their computers during a trading session at PSX, December 4, 2024. — APP The stock market continued its climb to cross the 108,000 point mark on Thursday, driven by a buying frenzy, growing anticipation of a substantial cut in interest rates at the Bank’s next … Read more
Parts of the Great Barrier Reef have suffered the highest coral mortality ever recorded, Australian research showed on Tuesday, with scientists concerned the rest of the area may have suffered a similar fate. The Australian Institute of Marine Science said studies of 12 reefs found up to 72 percent coral mortality, thanks to a summer … Read more