Latest News on Business, Finance and Markets from Pakistan

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News


brecorder.com > news > amp > 40439371

Businesses urged to accelerate investments in AI, digital skills

14+ hour, 41+ min ago   (397+ words) KARACHI: Experts have urged the Pakistani organisations to accelerate massive investment in digital and artificial intelligence (AI) readiness to equip their workforce for the rapidly changing world of work. They stressed that this preparation should go beyond technical skills to…...


brecorder.com > news > 40/43/9377 > samsung-sk-hynix-reject-kepcos-19-billion-power-prepayment-proposal-document-shows

Samsung, SK Hynix reject KEPCO's $19 billion power prepayment proposal, document shows

14+ hour, 17+ min ago   (200+ words) Samsung and SK Hynix rejected KEPCO's $18.7 billion upfront payment proposal for power infrastructure, citing uncertainty in long-term semiconductor demand for new mega clusters. SEOUL: Samsung Electronics and SK Hynix have rejected a proposal by Korea Electric ​Power Corp to make…...


brecorder.com > news > 40/43/9363 > moot-urges-corporate-boards-to-move-beyond-compliance

Moot urges corporate boards to move beyond compliance

17+ hour, 23+ min ago   (394+ words) KARACHI: Pakistan’s corporate boards need to move beyond compliance and play a more active role in addressing economic uncertainty, technological disruption, cybersecurity, sustainability and succession challenges, business leaders and governance experts said at the Pakistan Institute of Corporate Governance (PICG)…...


brecorder.com > news > amp > 40439185

Sindh advocates putting country at forefront of tech revolution

1+ day, 19+ hour ago   (478+ words) KARACHI: The Sindh government has pledged its fullest support for equipping Pakistan’s emerging technology talent with the latest skills and creating an enabling environment for entrepreneurs and startups in the information technology sector, with the objective of helping the country…...


brecorder.com > news > amp > 40439271

OpenAI's Altman won't do IPO this year, calls AI extinction risk 'unacceptable"

1+ day, 11+ hour ago   (524+ words) LOS ANGELES: OpenAI will not go public in 2026, Chief Executive Sam Altman said in remarks published ‌on Saturday, citing safety concerns over artificial intelligence that render “unacceptable” even a 10% risk that AI could cause human extinction by decade’s end. The…...


brecorder.com > news > amp > 40439244

IT sector: Govt finalising plan to ensure uninterrupted internet access: Shaza

1+ day, 19+ hour ago   (415+ words) LAHORE: Federal Minister for IT and Telecommunication Shaza Fatima Khawaja announced on Saturday that the government is finalizing a plan to guarantee uninterrupted internet access for Pakistan’s IT sector, as part of a broader push to hit the country’s fifteen-billion-dollar…...


brecorder.com > news > 40/43/9266 > tesla-to-unveil-long-delayed-roadster-on-oct-1-musk-says

Tesla to unveil long-delayed Roadster on Oct. 1, Musk says

1+ day, 12+ hour ago   (249+ words) Tesla CEO Elon Musk announced the long-delayed next-generation Roadster will be unveiled on October 1, potentially featuring SpaceX cold-gas thrusters and an evolved hypercar design. Tesla CEO Elon Musk said on Saturday the electric-vehicle ‌maker would unveil its long-delayed Roadster on…...


brecorder.com > news > 40/43/9264 > hyundai-motor-to-roll-out-in-house-driver-assist-system-in-2029

Hyundai Motor to roll out in-house driver-assist system in 2029

1+ day, 12+ hour ago   (411+ words) Hyundai Motor Group delays its proprietary driver-assistance software launch to 2029, partnering with Nvidia for earlier ADAS deployment by 2028, raising concerns about reliance and competition. SEOUL: Hyundai Motor Group will launch vehicles equipped with its proprietary driver-assistance software in late 2029, two…...


brecorder.com > news > 40/43/9233 > pakistan-calls-for-global-cooperation-on-digital-assets

Pakistan calls for global cooperation on digital assets

1+ day, 19+ hour ago   (336+ words) ISLAMABAD: Pakistan has called for stronger global cooperation to develop regulatory and institutional frameworks for digital assets, warning that countries must either shape the future of finance or risk being shaped by it. Minister of State and Chairman of the…...


brecorder.com > news > 40/43/8731 > the-problem-of-e-waste-and-its-growing-environmental-cost

The problem of E-waste and its growing environmental cost

4+ day, 16+ hour ago   (215+ words) Business Recorder I would like to draw attention to the growing problem of electronic waste, or e-waste, which is becoming an increasingly serious environmental challenge. As technology has become an essential part of modern life, people are buying smartphones, computers,…...