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On the first leg of his four-day China visit, Pakistan's prime minister – famed for “Sharif speed”, a term describing his swift execution of development projects – met his match in a leading AI tool.
Shehbaz Sharif, keen on accelerating his nation's digital economy with the help of Chinese firms, issued a surprise request during his visit to Alibaba's headquarters in Hangzhou on Sunday afternoon.
“I want a comprehensive strategic agreement,” Sharif challenged Joe Tsai, Alibaba Group chairman,......
Trump Speaks With Qatar Emir As Pakistani-Led Iran Peace Push Intensifies
US-Iran de-escalation hopes drove crude oil and rates lower and put a bid in equities by the end of Friday's trading day, amid speculation that President Trump would stay at the White House over Memorial Day weekend instead of attending Donald Trump Jr. and Bettina Anderson's wedding celebrations in the Bahamas.
"As Iran/oil/rates pressure eased on de-escalation hopes, leadership rotated toward small caps, equal weight, housing, transports, discretionary, and selective defensive growth, with short covering in high short-interest/profitless tech and consumer cyclicals reinforcing the catch-up trade," UBS analyst Torsten Sippel wrote in a note to clients late Friday.
Early Saturday morning, Bloomberg reports that President Trump held a phone call with Qatar's Emir Sheikh Tamim bin Hamad Al Thani, regarding Pakistani-led efforts to de-escalate Gulf tensions and preserve the fragile US-Iran ceasefire.
Iran's to...
Retail investors are helping extend Pakistan's stock market surge, marking a rare moment of confidence in local shares after years of volatility and political uncertainty....