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Finance & Markets · August 2026

Leveraged ETFs snap back as casino crowd mints US$50 billion

[NEW YORK] Three weeks ago, Wall Street’s casino crowd took a beating. AI stocks buckled, semiconductor shares tumbled and leveraged trades unravelled.

  • Leveraged ETFs rebound as $50 billion in fresh capital pours in
  • Retail investors show discipline, avoid emotional reactions to volatility
  • Bull market gains traction from strong earnings and resilient economy
Weekly inflation rises 9.11pc

Weekly inflation rises 9.11pc

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose by 9.11 per cent year-on-year for the week ending Aug 13, mainly due to rising prices of non-perishable food…

Insider Sheds $2.9 Million Worth of Stock Following Option Exercise

Karl Jorgenrud liquidated 7,886 shares via cashless exercise of options granted nearly a decade ago, reducing his direct holdings by 40% while retaining over 13,000 shares.

  • Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams stock.
  • Transaction value was $2.9 million based on $368.30 per share.
  • Post-transaction market value was $369.73 per share.

US stocks retreat from record high after weak data

The US stock market edged back from its all-time high on Friday following the latest report on the economy to come in surprisingly weak, this time about how much shoppers are spending at retailers.

  • US stocks fall from record high after weak retail spending data
  • S&P 500 down 0.2%, Dow Jones 107 points, Nasdaq 0.3%
  • Consumer spending drop eases inflation concerns, may delay rate hikes
Pakistan-Kashmir bond rooted in shared history, culture: AJK president

Pakistan-Kashmir bond rooted in shared history, culture: AJK president

MUZAFFARABAD: Azad Jammu and Kashmir (AJK) President Chaudhry Latif Akbar on Friday highlighted the “centuries-old” bonds between Kashmir and Pakistan, saying the relationship was rooted in shared history, culture, religion, traditions and aspirations and had found political expression in the Kashmiri leadership’s July 19, 1947…

Somali Piracy Surges Amid Hormuz Blockade

The effective closure of the Strait of Hormuz has forced hundreds of commercial ships onto longer routes around Africa, and Somali pirates are moving quickly to exploit the sudden increase in traffic…

  • Somali piracy increases due to Hormuz blockade
  • Iran war diverts naval resources from Gulf of Aden
  • Attacks on MT Honour 25, MT Eureka, and MT Asana