Category: 3. Business

  • OGRA increases LPG prices for January 2026; domestic cylinder cost rises by Rs126

    The Oil and Gas Regulatory Authority (OGRA) has announced an increase in Liquefied Petroleum Gas (LPG) prices for January 2026, with the cost of an 11.8 kg domestic cylinder rising by Rs126.09, effective from January 1.

    According to the official notification, the maximum consumer price for LPG in January has been set at Rs219,677.51 per ton, or Rs2,592.19 per 11.8 kg cylinder. This marks an increase of Rs10,686.11 per ton compared to December 2025, when the price stood at Rs208,991.40 per ton, or Rs2,466.10 per cylinder.

    Similarly, OGRA has raised the LPG producer prices to Rs178,377.51 per ton, or Rs2,104.85 per 11.8 kg cylinder for January 2026, up from Rs167,691.40 per ton or Rs1,978.76 per cylinder in December 2025, reflecting the same upward adjustment of Rs10,686.11 per ton.

    OGRA explained that LPG prices are influenced by the Saudi Aramco Contract Prices (CP) and the US dollar exchange rate. In January, the Saudi Aramco CP rose by 6.74% compared to the previous month, while the average exchange rate of the US dollar slightly decreased by 0.14%. However, the increase in the CP outweighed the minor relief from the exchange rate.

    As a result, the LPG consumer price increased by Rs126.09 per 11.8 kg cylinder, representing a 5.11% rise on a monthly basis. On a per-kilogram basis, the consumer price of LPG rose by Rs10.68.

    OGRA clarified that the prices announced are the maximum allowed rates, and any violations will be addressed in accordance with applicable laws and regulations. The authority also urged consumers to report instances of overcharging and irregular practices to help ensure compliance throughout the LPG supply chain.


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  • Fremnily Choke Cable Compatible with ATC125M ATC200M ATC200E ATC200ES TRX200 TRX250 TRX250X TRX500FA TRX125 Big Red 200 FourTrax 125 Sportrax 250

    David






    Reviewed in Canada on January 16, 2025


    The choke cable does not have the round end on it like in the photos. Also way too long for the application. I bought it for my 1984 honda 200es and won’t be able to use it

    steve denommee






    Reviewed in Canada on September 7, 2023


    pas comme sur la photo démontrée, ne fit pas sur un atc125m

    Willy






    Reviewed in the United States on November 15, 2023


    Doesn’t work on a 125m atc. Wrong end! Very disappointed in the pictures that shows the right end. Then you get a different cable.

    Not the same as pictured dont not buy for honda






    Reviewed in Canada on November 1, 2023


    Does not fit for honda

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  • Pakistan’s short-term FX liabilities reach around $31bn

    January 01, 2026 (MLN): Due to maturing foreign
    currency loans, securities, and deposits, Pakistan’s foreign currency assets
    are expected to see a net outflow of $30.96bn, according to the latest
    liquidity report released by the State Bank of Pakistan (SBP).

    The total outflow is categorized based on residual maturity,
    with the most pressing concern being the more than three months up to one-year
    segment, which accounts for a substantial $20.36bn.

    Meanwhile, outflows of $6.17bn are due within the next
    month, and an additional $4.43bn is payable between the one-to-three-month
    window.

    The principal outflows amount to $27.41bn, of which $17.94bn
    falls in the more than three-month up to one-year maturity range. Interest
    payments add another $3.55bn to the financial burden.

    Aggregate short and long positions in forwards and futures
    indicate a net shortfall of $1.99bn. Short positions dominate at $2.28bn, while
    long positions provide partial offset at $286m.

    Additionally, contingent liabilities in foreign currency
    total $1.18bn, primarily comprising other contingent liabilities that fall due
    within the next month.

    These figures underline the near-term strain on Pakistan’s
    external account, which emphasizes the critical need for continued inflows,
    timely rollovers, and prudent management of external liabilities to preserve
    reserve adequacy.

    Furthermore, Pakistan’s official reserve assets totaled
    $24.49bn as of November 30, 2025, according to the latest data released by the
    State Bank of Pakistan (SBP), even as the country faces significant short-term
    foreign currency obligations.

    The reserve portfolio is anchored by foreign currency
    reserves in convertible currencies, which constitute $12.94bn of the total
    holdings. This represents the most liquid component of the central bank’s
    external buffers.

    Gold holdings provide substantial support to the reserve
    position, with the SBP maintaining 2.082 million fine troy ounces valued at
    $8.73bn. This precious metal stockpile serves as a strategic hedge against
    currency volatility and external shocks.

    Currency and deposits with various institutions account for
    $11.11bn of the reserves. Of this amount, $6.77bn is deposited with other
    national central banks, the Bank for International Settlements, and the
    International Monetary Fund, while $4.33bn is held with banks headquartered
    outside the reporting country. An additional $13.71m is placed with domestic
    banks’ foreign branches.

    Beyond official reserves, Pakistan holds an additional
    $92.65m in other foreign currency assets, comprising securities, deposits,
    loans, and financial derivatives not classified under official reserve assets.

     

    Copyright Mettis Link News

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  • How Nokia went from iPhone victim to $1bn Nvidia deal – Financial Times

    How Nokia went from iPhone victim to $1bn Nvidia deal – Financial Times

    1. How Nokia went from iPhone victim to $1bn Nvidia deal  Financial Times
    2. Nokia stock today (NOK): What to watch as markets shut for New Year’s and Nokia’s 2026 reset begins  ts2.tech
    3. This Nokia shift will shock you #stocks #AI  MSN
    4. Here’s What Wall Street Thinks About Nokia Oyj (NOK)  Yahoo Finance
    5. Nokia (NYSE:NOK) Shares Pass Above 200-Day Moving Average – What’s Next?  MarketBeat

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  • SpaceX, OpenAI and Anthropic prepare to launch landmark IPOs – Financial Times

    SpaceX, OpenAI and Anthropic prepare to launch landmark IPOs – Financial Times

    1. SpaceX, OpenAI and Anthropic prepare to launch landmark IPOs  Financial Times
    2. The best IPO stocks to watch in 2026  Finbold
    3. SA Asks: Would SpaceX stock be a good investment? (SPACE:Private)  Seeking Alpha
    4. 2026 SpaceX IPO: Investors Want to Buy a Space Stock, but They’ll Get an ISP Instead  The Motley Fool
    5. SpaceX Will Be the Hottest IPO in 2026. Should You Buy?  MoneyMorning.com

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  • PSX opens 2026 firmly as KSE-100 crosses 176,000 level – Business Recorder

    1. PSX opens 2026 firmly as KSE-100 crosses 176,000 level  Business Recorder
    2. PSX closes last session of 2025 on bearish note  Dawn
    3. Trading at PSX turns choppy as investors lock in gains  The Express Tribune
    4. PSX Says Goodbye to 2025 By Achieving 2nd Best Frontier Market Status  ProPakistani
    5. Dollar weakens as PSX shows upward trend on New Year  samaa tv

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  • Gold price in Pakistan for today, January 01, 2026 – Profit by Pakistan

    1. Gold price in Pakistan for today, January 01, 2026  Profit by Pakistan
    2. Gold price drops by Rs10,700 per tola in Pakistan  Business Recorder
    3. Gold Prices Drop in Pakistan on First Day of 2026  ProPakistani
    4. Gold drops Rs10,700 on global profit-taking  The Express Tribune
    5. Silver price in Pakistan for today, January 01, 2025  Profit by Pakistan

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  • PTCL eyes 5G spectrum auction after completing acquisition of Telenor Pakistan, Orion Towers

    Pakistan Telecommunication Company Limited (PTCL) has officially completed the acquisition of 100% of the issued share capital of Telenor Pakistan and Orion Towers. The acquisition, which took effect on December 31, 2025, positions PTCL as the dominant player in the country’s telecom landscape, as it now integrates these entities alongside its own subsidiaries, Ufone and U Microfinance Bank.

    The acquisition will result in the formation of a new consolidated entity, “MergeCo,” which will include Ufone and Telenor Pakistan. During the transition, Telenor Pakistan will continue to operate as a separate legal entity, with plans for full integration after obtaining necessary regulatory approvals.

    PTCL, in a notice to the Pakistan Stock Exchange (PSX), confirmed that the transaction has been finalised and shares for both companies have been transferred to PTCL’s name. The deal was finalised in line with regulatory requirements, with PTCL pledging to keep stakeholders informed of further developments.

    Hatem Bamatraf, President and CEO of PTCL and Ufone, announced the completion of the deal in a media briefing, stating that this consolidation will improve the quality of services for Pakistan’s telecom users. He also highlighted ongoing talks surrounding an outstanding $800 million issue related to the privatisation of PTCL, which is expected to be resolved soon.

    With the 5G spectrum auction approaching, PTCL and the newly formed telecom entity are preparing to participate in the auction. Bamatraf confirmed that telecom industry concerns will be taken into account, with spectrum being offered under favorable terms. He also expressed confidence that the merged company will be well-positioned to optimise spectrum resources and enhance network capabilities.

    PTCL acknowledged Telenor ASA’s contribution to Pakistan’s telecom sector over the years, praising its role in raising service standards and expanding connectivity. Looking ahead, MergeCo aims to deliver advanced digital services that align with Pakistan’s growing digital economy, empowering businesses and individuals with improved technology.

    The merger is expected to strengthen Pakistan’s digital infrastructure, offering new opportunities for innovation and service delivery. The next step involves receiving the memorandum of information from the Pakistan Telecommunication Authority (PTA) ahead of the 5G spectrum auction, which is expected to provide further clarity on terms and conditions.


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  • Precious metals poised to finish 2025 strong with stellar gains – Business Recorder

    1. Precious metals poised to finish 2025 strong with stellar gains  Business Recorder
    2. Gold 2026 Outlook: Fundamental XAU/USD analysis  FOREX.com
    3. Record Gold Price Ends 2025 Up 65%, Silver Jumps 144%  BullionVault
    4. Gold and silver see rollercoaster end to blockbuster year  BBC
    5. Gold rebounds, poised to cap off best year in over four decades  Reuters

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  • Iron ore logs annual gain in a dramatic recovery – Business Recorder

    1. Iron ore logs annual gain in a dramatic recovery  Business Recorder
    2. MMi Daily Iron Ore Report (December 31)  Shanghai Metals Market
    3. Iron ore falls as growing shipments weigh  TradingView — Track All Markets
    4. Iron ore rallies as China pledges more ‘proactive’ fiscal policies in 2026  Business Recorder
    5. Iron Ore Nears Best Close Since November on Year-End Metal Rally  Bloomberg.com

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