Dai-ichi Life Insurance Company, one of Japan’s leading life insurers, has entered into a landmark partnership with UK-based asset management firm M&G plc, acquiring a 15% stake worth approximately $8 billion. This strategic alliance marks a pivotal move for both companies as they look to enhance their positions in international markets. As part of the […]
A judicial back-and-forth over President Donald Trump’s controversial “Liberation Day” tariffs took another turn this week, as a U.S. federal appeals court issued a temporary stay that allows the tariffs to remain in place—for now. This follows a decision by the U.S. Court of International Trade, which ruled that Trump’s use of the International Emergency […]
In a bold move to accelerate its entry into the global digital economy, Pakistan has launched its inaugural state-backed Strategic Bitcoin Reserve. This initiative signals a shift in national economic priorities, placing blockchain and artificial intelligence (AI) at the forefront of development. As part of this ambitious strategy, the government has earmarked 2,000 megawatts (MW) […]
In the dynamic realm of online trading, new platforms frequently emerge, offering innovative features and opportunities. Abet Global is one such platform that has garnered attention, especially among traders in Pakistan. However, questions about its legitimacy persist. This article aims to provide a balanced review of Abet Global, considering its offerings, regulatory status, and user […]
Surat, India—long hailed as the world’s diamond polishing hub—is grappling with an unprecedented crisis. The U.S. government’s imposition of a 10% import duty on polished diamonds in April 2025, coupled with a looming 27% tariff on Indian diamond exports, has sent shockwaves through the industry. These tariffs arrive at a time when the global luxury […]
As U.S. tariffs on imported goods rise, companies are increasingly exploring the First Sale Rule to manage costs. This legal provision permits the calculation of import duties based on the initial sale price in a multi-tiered transaction, potentially lowering the duty owed. While the rule offers financial benefits, it also presents legal complexities. Importers must […]
Apple has announced increased trade-in values for iPhones in China, providing consumers with more affordable options to upgrade to newer models. This move is designed to offer better value to customers and encourage device upgrades in a competitive market. The enhanced trade-in program allows users to receive greater credit for their old iPhones, reducing the […]
In the rapidly evolving world of online trading, Abet Global Pakistan has emerged as a platform that combines technological innovation with comprehensive educational resources, aiming to empower traders across the country. A Technological Edge Abet Global Pakistan offers traders access to the industry-standard MetaTrader 5 (MT5) platform, renowned for its advanced features and user-friendly interface. […]
Bitcoin reached a historic milestone on May 22, 2025, surpassing $111,000 for the first time and peaking at $111,886. The breakout represents a significant 47% gain from April’s low of $74,500 and reflects a resurgent appetite among institutional investors, driven by favorable regulatory signals and expanding access via financial instruments like ETFs. Market analysts point […]
In April 2025, UK households saw their budgets stretched even further as inflation surged to 3.5%, a notable jump from 2.6% the previous month. This jump—outpacing the Bank of England’s expectations—has heightened economic anxiety among households already grappling with post-winter expenses and an uneven economic recovery. The Office for National Statistics highlighted that key drivers […]