Markets navigate geopolitical tensions and valuation concerns amid Iran ceasefire negotiations, while emerging economies face structural economic challenges and sector-specific vulnerabilities.

US and Iran approach 60-day ceasefire extension with framework for nuclear talks, with Secretary of State Rubio suggesting potential deal acceptance by Saturday, though Iran's chief negotiator warns of 'crushing' response if attacks resume.

Market valuators flash warning signs with 'Buffett Indicator' signaling potential stock market top, S&P 500 showing 30% crash probability over two years, and four sectors displaying frothy valuations despite Nvidia not being the largest bubble.

Nvidia CEO Jensen Huang reaffirms $200 billion CPU market forecast includes China despite US restrictions, signaling confidence in long-term China demand despite geopolitical tensions.

Pakistan secures LNG terminal capacity payment relief from Engro Elengy and Pakistan GasPort after negotiations, reducing monthly payouts from contracted ~$15 million despite long-term contractual obligations.

Pakistan's cotton import bill projected to exceed $1 billion as domestic output hits 40-year low, with government offering support and industry seeking GST removal on related inputs in upcoming budget.

India's Trade Minister Piyush Goyal to lead 150-member business delegation to Canada May 25-27 to strengthen bilateral trade ties amid broader South Asian trade normalization efforts.

Bond market risks escalate with opaque AI loans and excessive leverage ('credit termites') hollowing out economy, presenting greater danger than JPMorgan Chase CEO's warned-about credit-market 'cockroaches'.

Auditor General of Pakistan revises audit reporting methodology, removing cumulative irregularity figures from annual reports following Rs375 trillion controversy, now limiting inclusion to fully vetted observations only.

Pakistan passes ship recycling law implementing Hong Kong Convention, targeting large-scale shipbreaking, hazardous material regulation, and revival of Pakistan Steel Mills through proposed steel corridor development.

Fuel dealers urge Pakistani government to replace weekly price revision mechanism with 15-day cycle, citing operational difficulties from frequent fluctuations affecting supply chain efficiency.