Global markets face an AI-driven tech selloff as investors shift toward defensive assets and emerging economic projections.

The Nasdaq tumbled to near a one-month low as investors aggressively exited AI-related stocks, with concerns growing over the long-term sustainability of AI ecosystem spending.

Big pharmaceutical companies like Eli Lilly and AbbVie reached near-record highs as capital flows shifted from volatile tech stocks to historically safer, defensive sectors.

Analysts warn that potential political outcomes in upcoming elections could exacerbate the current tech selloff, leading to further volatility in AI-heavy portfolios.

The IMF projected that India is set to overtake Japan as the world's fourth-largest economy by 2027, highlighting a major shift in the global economic landscape.

Pakistan's finance ministry expects 4% economic growth in fiscal year 2027, citing ongoing industrial and agricultural reforms as key catalysts for stability.

The SECP in Pakistan proposed a new national agricultural spot market to improve financial inclusion for farmers by better linking them to warehouses and buyers.

Pakistan's government adjusted domestic fuel prices on Thursday, with petrol decreasing by Rs3.63 while diesel saw a marginal increase of Re0.31 per litre.

The Federal Board of Revenue in Pakistan extended the income tax filing deadline for the 2026 tax year to October 31 to accommodate taxpayers.

Reports suggest the World Economic Forum may appoint Christine Lagarde as its new chair as early as November, which would require her to step down from her current roles.