"June 9, 2025 – Key News: Global Trade Talks, Apple’s AI Launch, and Pakistan’s Economic Outlook"

 

🌐 Global Markets & Trade Talks

• U.S.–China trade negotiations in London continue, with U.S. officials seeking increased exports of rare-earth minerals to relieve supply bottlenecks impacting industries like auto manufacturing and electronics . Stock futures in the U.S. held steady; European markets rose modestly. FTSE 250 climbed due to a takeover bid for Spectris, while U.S. indices continue their post-trade rally

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📱 Tech & AI – Apple WWDC 2025

• Apple announced iOS 26, part of a new year-based naming scheme introducing "Liquid Glass" design across devices, enhanced AI features like Image Playground, Genmoji, smarter battery management, and a Siri overhaul powered potentially by Google Gemini. Developer beta launches today; public beta expected mid-July, with final release alongside iPhone 17 on Sept 16 

🇵🇰 Pakistan: Economy, Defence & Budget

1. Economic Growth:

2. 
    Pakistan's GDP projected to grow at 2.7% for FY 2024‑25 (vs. 2.6% IMF forecast), driven by a current-account surplus (~$1.9 bn) and inflation at 4.6%; rate cuts to 11% support recovery, but challenges remain under the IMF program 

3. Defence Deal:

4. 
    Pakistan plans to acquire Chinese J‑35 stealth fighters—the first international sale of this jet—which boosted Chinese defence stocks significantly Federal Budget Timeline: The Pakistan Economic Survey for FY 2024‑25 is being released today, June 9; the federal budget presentation is scheduled for tomorrow, June 10, in the National Assembly