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Cloudflare outage exposes Pakistan’s reliance on foreign internet systems

The recent Cloudflare outage that disrupted services across Pakistan has highlighted the country's heavy reliance on foreign digital infrastructure, underscoring the urgent need for a national preparedness strategy. When contacted, officials at the Federal Ministry for IT and Telecommunication (ITT) told The Express Tribune that the Government of Pakistan has a robust vigilance system under the

Stocks crumble as US jobs fail to clear Fed outlook, tech hammered

SYDNEY: Asian shares extended a global rout on Friday as the much-anticipated U.S. jobs data failed to provide clarity on the near-term path for interest rates, with investors returning to dumping risk assets even after Nvidia’s earnings dazzled. Wall Street dived overnight as jitters over inflated tech stock prices returned, resulting in the Nasdaq’s widest one-day swing since April 9 when Pre

Digital data exchange: PDA, SECP on the same page

Pakistan Digital Authority (PDA) and Securities and Exchange Commission of Pakistan (SECP) Thursday agreed that the digital data exchange among federal/provincial governments, private sector and citizens will be key to successfully implementing digital initiatives under the Digital Citizen Act 2025. The Chairperson of the Pakistan Digital Authority (PDA), Dr. Sohail Munir, visited the Securitie

Gold subdued as strong US jobs data dents rate-cut hopes

Gold inched down on Friday as a stronger-than-expected U.S. jobs report reinforced expectations that the Federal Reserve will refrain from cutting interest rates at its December meeting. Spot gold was down 0.1% at $4,072.87 per ounce, as of 0242 GMT. U.S. gold futures for December delivery edged 0.3% higher to $4,071.90 per ounce. “Gold prices are consolidating at the moment, and we see the

Oil extends decline on possible Russia-Ukraine peace deal

Oil prices extended their decline for a third straight session on Friday as the U.S. pushed for a Russia-Ukraine peace deal that could bring more oil supplies onto the global market, while uncertainty over U.S. interest rate cuts curbed investor risk appetite. Brent crude futures fell 71 cents, or 1.12%, to $62.67 a barrel by 0212 GMT after slipping 0.2% in the previous session. US West Tex