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Finance & Markets

Private sector turns net borrower

KARACHI: For the first time in 2026-27, the private sector has shifted from retiring debt to net borrowing from banks. The change appears to be the outcome of the government’s continuous effort to force banks to pump maximum liquidity into the private sector.

World

FCC reserves ruling on petitions challenging Super Tax judgement

ISLAMABAD: The Federal Constitutional Court (FCC) on Monday reserved its ruling on a set of petitions seeking a review of its Jan 27 judgement upholding the vires of the Super Tax, while highlighting that Sections 4B and 4C of the Income Tax Ordinance (ITO), 2001, would apply from the dates on which they were levied.

Business

Daewoong Holds KOL Summit in Bali

As Daewoong Pharmaceutical’s botulinum toxin product 'Nabota' expands its market dominance after surpassing KRW 1 trillion ($714.29 million) in cumulative global sales, key medical professionals from…

  • Daewoong Pharmaceutical hosted NMC EXCLUSIVE Global KOL Summit Bali 2026 in Indonesia.
  • Summit educated 35 KOLs from 11 countries on advanced Nabota techniques.
  • FDA-approved Nabota saw 57% average annual sales growth since 2019.

Culture

Al-Nassr thrash Pakhtakor 6-2 in AFC Champions League Elite

Al-Nassr beat Pakhtakor 6–2 away in Tashkent on Nov. 2 in AFC Champions League Elite Matchday 4, securing a second straight win. João Félix scored twice, while Cristiano Ronaldo did not feature. Al-Nassr produced a dominant away performance to beat Uzbekistan’s Pakhtakor 6-2 at Pakhtakor Central Stadium in Tashkent on Monday, securing…

Culture

Ravens Share Concerning Quarterback News Ahead of 'TNF'

The Ravens quarterback room has been hit with the injury bug ahead of Thursday night's game versus the Jaguars.

  • Quarterback Lamar Jackson sidelined for at least four games due to thumb injury.
  • Backup Tyler Huntley also injured with turf toe, long-term prognosis unclear.
  • Third-string QB Joe Fagnano suffered ankle injury, potential absence for Thursday game.

Finance & Markets

Credo vs. Sandisk: Which Stock Is the Better Buy for 2027?

One of these AI hardware stocks is growing fast at a premium price, while the other offers explosive earnings growth at a far lower multiple.

  • Credo Technology Group (CRDO) reports 34% net margin and $439M TTM free cash flow.
  • Analysts favor Sandisk over CRDO for 2027 investment due to strong growth and lower valuation.

Finance & Markets

Five Point: 3 Key Takeaways for Long-Term Investors

A $3.4 billion asset management platform generates recurring fees independent of land sales cycles, insulating earnings from market timing risk.

  • Five Point projects $20 million in full-year net income for 2026
  • Secured approval for 752-acre Homestead South project in Los Angeles County
  • $3.4 billion in assets under management through Hearthstone platform

AI

AI App Aids Japan Govt Workers to Draft Parliamentary Answers

Tokyo, Nov. 2 (Jiji Press)—Japan’s Digital Agency has started offering on a trial basis an app to help draft answers to lawmakers’ questions in parliament, using its “Gennai” generative artificial…

  • Japan's Digital Agency launched a trial AI app for drafting parliamentary answers.
  • The app, powered by Gennai generative AI, assists 180,000 government workers.
  • Digital Transformation Minister Toshiharu Furukawa praised efficiency gains.

Health & Medicine

Brandon cancer patients lament oncologist’s depature

BRANDON — Cancer patients across Brandon say they are heartbroken by the impending departure of medical oncologist Dr. Brady Anderson from the Western Manitoba Cancer Centre.

  • Brandon residents devastated by Dr. Brady Anderson's departure
  • Lesa Carey and Michelle Budiwski express sadness over loss
  • Another oncologist to join in December, but concerns remain

Tech

Key Motorway Closed Due to Fog

The M3 Motorway has been closed from Faizpur to Jaranwala due to dense fog, according to Syed Imran Ahmed, spokesperson … Read More The post Key Motorway Closed Due to Fog appeared first on ProPakistani .

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