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PSX retreats despite $1.2bn IMF lifeline

KARACHI: Amid persistent volatility stemming from regional and political concerns, the Pakistan Stock Exchange (PSX) faltered on Thursday after staging an early rally driven by a staff-level agreement…

WTO hikes 2026 trade growth forecast on AI boom

The WTO on Thursday sharply raised its global trade growth forecast for 2026, with merchandise trade riding the AI boom and proving more resilient than expected amid the Middle East crisis.

  • WTO raises 2026 trade growth forecast to 3.9% from 1.9%
  • AI boom and supply chain adaptations drive growth
  • Middle East faces sharp 17.2% export contraction

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