FocalTherics reiterates $50M-$54M 2026 HIFU revenue outlook as it closes $40M equity offering
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DeepSeek raises peak prices of flagship AI models to more than four times current levels ahead of IPO
Increase suggests firm is placing more focus on profitability as it eyes a stock-market debut
- DeepSeek quadruples peak-hour pricing for V4 models to $1.32 per million tokens.
- Off-peak pricing remains discounted at $0.66 per million tokens.
- Company cites resource allocation and developer incentives as pricing rationale.
Oil pares losses after reports Houthis attacked Saudi Aramco refinery
NEW YORK: Oil prices pared losses to less than 1 percent after dropping more than 3 percent earlier on Thursday, as reports that Yemen’s Houthis had targeted a Saudi Aramco refinery with drones…
TISL’s IPO oversubscribed by 21.68 times
KARACHI: The initial public offering (IPO) of Tasdeeq Information Services Limited (TISL) has concluded with strong demand from retail investors, with the general public portion of the offering…
Forex reserves rise to USD22.498bn
KARACHI: The country’s total liquid foreign exchange reserves increased by USD 24 million to USD 22.498 billion as of August 7, 2026, compared with USD 22.475 billion as of July 31, 2026, the State…