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FBR misses August target by Rs29bn

ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs901 billion in August, missing the projected target of Rs930bn by Rs29bn. The collection remained stagnant compared to Rs900bn in August 2025.

Bond selloff pressures stocks as oil crosses $91 a barrel

SINGAPORE: Selling drove global bond yields to major new highs on Tuesday as renewed fighting in the Middle East lifted oil prices above $90 a barrel and put pressure on stock markets around the world. The 10-year US Treasury yield, a benchmark for prices across asset classes, rose 2.2 basis points to a near 20-month top of 4.78%.

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