Iridium and Deutsche Telekom demo satellite voice messaging

The MSCI Asia Pacific Index fell 0.3%, with decliners narrowly outnumbering gainers. Technology stocks led the losses, with Samsung falling over 5% even after quarterly profit surged 19-fold. The Kospi Index retreated 3.5%, while SK Hynix Inc. shares dropped 1% after kicking off the formal marketing process for its US listing.

Pakistan has struggled with external payment pressures for years and came close to default in 2023 before securing timely assistance from the International Monetary Fund (IMF) and bilateral partners.

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