TechAMD teams up with OpenAI to launch Helios AI server
AMD CEO Lisa Su says Helios will include 72 MI400 processors, similar in scale to Nvidia’s current NVL72 servers
Jun 13, 2025
Monitoring Report
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World Business NewsIMF prepares revised growth outlook as tariff deadline nears
IMF spokesperson says the outlook considers tariff cut between U.S. and China and trade deal with Britain
Jun 13, 2025
World Business NewsBritain ready to implement tariff deal with United States
Once the U.S. side is ready, Britain will issue a statutory instrument to change the reciprocal tariffs, says Trade Minister
Jun 13, 2025
World Business NewsIMF says Argentina shows progress under $20 billion loan
IMF says the new actions will help reduce inflation, support the government's financing efforts, and strengthen reserves
Jun 13, 2025
TechSingapore’s Temasek joins Microsoft and BlackRock-backed AI investment group
Temasek becomes part of the AI Infrastructure Partnership, or AIP, which includes BlackRock’s Global Infrastructure Partners
Jun 13, 2025
TechBarbie maker Mattel teams up with OpenAI for AI-powered toys
The company will also use ChatGPT in its business operations to support product development and improve internal processes
Jun 13, 2025
World Business NewsBritain’s goods exports to US drop by 33% in April
It is the biggest monthly decline since records begin in 1997 and the lowest export level to the U.S. since February 2022
Jun 13, 2025
HeadlinesArmed forces officers to receive 50% allowance, JCOs and soldiers 20%, Finance ministry tells NA panel
Finance ministry did not disclose the financial impact and the reason for the higher allowance for officers
Jun 13, 2025
HeadlinesIMF rejects Pakistan’s refinery upgrade proposals, halting $6 billion investment plans
Fund’s refusal to accept government proposals stalls efforts to produce cleaner Euro-V fuels
Jun 13, 2025
HeadlinesIslamabad High Court halts NAB's planned auction of Bahria Town properties
Court issues stay order after Bahria Town claims unlawful seizure of its assets by accountability bureau
Jun 13, 2025
HeadlinesTariff rationalization in budget 2025-26 expected to lead to Rs200 billion revenue loss
New measures including digital transactions tax and solar panel sales tax expected to generate Rs156 billion
Jun 13, 2025
HeadlinesGovt to borrow $2bn from commercial banks to boost reserves, struggles to utilise development funds
Finance minister hopes to bring policy rate down to a single digit by the end of the year
Jun 13, 2025