
Bio
Saqib is COO and co-founder at A47 AI, where he runs operations and leads the prediction-markets initiative. He covers crypto, Web3, and the decentralization of the sport and entertainment economy.
Editorial Responsibility
As A47's prediction-markets and crypto editor, I am responsible for our coverage of these markets and Web3 — ensuring it is grounded in real product, data, and revenue rather than speculation.
Previous experience · 14+ years
- · WPP Media (GroupM PK, Wavemaker PH)
- · MYCO
- · ARY Digital Network
Education
MBA Marketing, SZABIST
Areas of expertise
Categories overseen
Stories from Saqib Pathan’s desk
8533 stories- Business· World
Manus Costello appointed CFO of Standard Chartered
Standard Chartered has appointed Manus Costello as its new chief financial officer, marking a significant leadership change. This decision follows the abrupt departure of Diego De Giorgi and is expected to bring a fresh perspective to the bank's financial strategies. Costello's leadership may steer the bank towards enhanced profitability and a stronger focus on digital assets in the long term.
5 sourcesMay 20Low
- Business· World
Shein acquires US apparel retailer Everlane to expand market presence
Shein is acquiring Everlane from its majority owner L Catterton, marking its first major purchase of a US-based apparel brand. This acquisition is happening now as Shein seeks to strengthen its foothold in the competitive direct-to-consumer market. The long-term implication is that this deal could reshape the dynamics of the apparel industry and lead to new product lines and marketing strategies in the US.
3 sourcesMay 20Low
- Economy· World
Japanese government bonds face record-high yields amid inflation concerns
Japanese bond yields have surged to record highs due to escalating inflation fears linked to rising oil prices. This sell-off has prompted speculation among fund managers that Japanese investors may shift their funds from US Treasuries back into Japanese government bonds. The long-term implication could be increased volatility in global bond markets as inflationary pressures persist.
3 sourcesMay 20Low
- Economy· World
Indonesian rupiah hits record low amid rising oil prices and geopolitical tensions
The Indonesian rupiah has fallen to an all-time low of 17,665 per US dollar. This decline is driven by rising oil prices linked to geopolitical tensions in the Middle East and concerns over Indonesia's fiscal discipline. The long-term implication may involve increased pressure on Bank Indonesia to stabilize the currency, potentially leading to interest rate hikes and further market instability.
3 sourcesMay 20Moderate
- Economy· World
US stocks decline for third consecutive day amid inflation fears and semiconductor losses
US stocks have fallen for the third consecutive day, primarily driven by rising bond yields and persistent inflation concerns. The immediate trigger for this downturn is the underperformance of semiconductor stocks, particularly Nvidia Corp., as investors await upcoming earnings reports. Long-term implications suggest a cautious market outlook as investors assess the impact of inflation and bond yields on economic growth.
3 sourcesMay 20Low
- Economy· World
Wall Street Faces Volatility Amid Iran Conflict and Rising Bond Yields
U.S. stock markets have experienced significant fluctuations due to mixed signals regarding U.S.-Iran peace talks and rising bond yields. This volatility is triggered by ongoing geopolitical tensions and inflation fears that are affecting investor sentiment at this moment. If these conditions persist, a potential market correction could reshape investment strategies and economic forecasts in the long term.
5 sourcesMay 20Low
- Economy· World
Gold and silver prices decline amid rising inflation concerns
Gold and silver prices have fallen significantly as fears of inflation intensify. This decline is triggered by speculation regarding potential interest rate hikes from global central banks, alongside a strengthening dollar. The long-term implication suggests that investors will need to closely monitor economic indicators and central bank policies that could further impact commodity prices.
3 sourcesMay 20Low
- Business· World
NextEra Energy explores acquisition of Dominion Energy at $76 per share
NextEra Energy is in discussions to acquire Dominion Energy at a price of $76 per share. This potential deal is occurring amid ongoing consolidation trends in the energy sector, as companies seek to enhance their market positions. If the acquisition proceeds, it could reshape the competitive landscape of the energy market and attract regulatory scrutiny.
3 sourcesMay 20Low
- Economy· World
UK unemployment rises to 5% amid economic pressures from Iran war
The UK unemployment rate has increased to 5%, marking a significant rise as businesses face economic pressures stemming from the ongoing Iran war. This shift is occurring now due to rising energy costs and a decline in job vacancies, prompting firms to prioritize cost management over growth. Long-term implications suggest that without intervention, the UK economy may experience further job losses and economic instability.
4 sourcesMay 20Low
- Business· World
China Evergrande liquidators sue PwC for $8.4 billion in Hong Kong
Liquidators of China Evergrande have initiated a lawsuit against accounting firm PwC, claiming $8.4 billion in damages due to alleged negligent audits. This legal action is prompted by the ongoing financial collapse of China Evergrande, a major property developer. The outcome of this case could significantly reshape auditor liability standards in insolvency situations moving forward.
3 sourcesMay 20Low
- Business· UAE
UAE announces exit from OPEC and OPEC+ effective May 1, 2026
The United Arab Emirates has declared its intention to leave OPEC and OPEC+ on May 1, 2026. This decision is driven by the UAE's evolving energy capabilities and a commitment to align its energy policies with national interests. In the long term, this move may reshape the UAE's role in global energy markets and influence its production strategies.
3 sourcesMay 19Low
- Economy· World
Iraq's oil exports through the Strait of Hormuz drop to 10 million barrels in April 2026
Iraq's oil exports via the Strait of Hormuz have significantly decreased to 10 million barrels in April 2026, down from 93 million barrels monthly before the Iran War. This decline is attributed to ongoing geopolitical tensions and the aftermath of the Iran War, prompting the Iraqi government to announce plans to increase production capacity in collaboration with OPEC. The long-term implication is that successful negotiations with OPEC and improved regional security could stabilize Iraq's economy and influence global oil markets.
3 sourcesMay 19Low
- Business· MENA
Audemars Piguet x Swatch watch launch events canceled due to crowd safety concerns
The launch events for the Audemars Piguet x Swatch watch collection were canceled in Dubai, Mumbai, and Delhi due to overwhelming crowds and safety concerns. Customers had reportedly queued for up to 18 hours, prompting the decision to prioritize public safety. This incident highlights the need for luxury brands to implement stricter crowd management strategies for future product launches.
3 sourcesMay 19Moderate
- Economy· World
US extends sanctions exemption on Russian oil shipments for 30 days
The U.S. Treasury Department has extended the exemption from sanctions on Russian oil shipments for an additional 30 days. This decision is aimed at stabilizing global energy prices amidst ongoing geopolitical tensions, particularly related to the Iran conflict. The long-term implication may involve significant shifts in global oil markets and pricing strategies as countries respond to U.S. sanctions and the evolving geopolitical landscape.
4 sourcesMay 19Low
- Crypto· World
CLARITY Act Approval Boosts Bitcoin Sentiment Amid Market Caution
The CLARITY Act has cleared the Senate Banking Committee, resulting in a significant increase in Bitcoin sentiment on social media. This surge is driven by the anticipation of clearer regulations for cryptocurrencies at this pivotal moment. However, analysts warn that this euphoria may be short-lived, suggesting potential volatility in the cryptocurrency market as the Act progresses through Congress.
3 sourcesMay 19High
- Crypto· MENA
Hana Bank acquires 6.55% stake in Dunamu for $670 million
Hana Bank has announced its acquisition of a 6.55% stake in Dunamu, the parent company of South Korea's largest cryptocurrency exchange, Upbit. This investment is driven by the increasing trend of traditional financial institutions entering the cryptocurrency market, prompting regulatory scrutiny from the Financial Services Commission. The long-term implication suggests that as banks deepen their involvement in crypto, regulatory frameworks will likely evolve to address these changes.
3 sourcesMay 19High
- Crypto· World
Bitcoin exchange supply reaches six-year low as long-term holders increase
Bitcoin's supply on exchanges has decreased to a six-year low, with 500,000 BTC exiting trading venues. This shift is driven by a growing conviction among long-term holders, who now dominate the market with nearly 60% of BTC supply remaining dormant for over a year. The tightening supply dynamics may lead to upward price pressure if demand increases, although short-term holders' vulnerability to macroeconomic shocks poses risks to future price stability.
3 sourcesMay 19Moderate
- Business· World
SpaceX shareholders approve 5-for-1 stock split ahead of IPO
SpaceX executed a 5-for-1 stock split approved by its shareholders. This decision is aimed at enhancing liquidity and making shares more accessible to investors in anticipation of the company's upcoming IPO. The long-term implication is that this move could attract a broader investor base and potentially lead to a successful market entry for SpaceX.
3 sourcesMay 19Moderate
- Business· World
Consumers file class action lawsuit against Amazon over unlawful tariff refunds
A class action lawsuit has been filed against Amazon for not refunding customers for unlawful tariff costs. This legal action is triggered by the U.S. Supreme Court's recent ruling that the tariffs imposed during the Trump administration were unlawful. The outcome of this lawsuit could set a precedent for how companies handle pricing strategies related to tariffs and consumer refunds in the future.
3 sourcesMay 19Low
- Economy· World
China Labels Trade Agreements from Trump's Visit as Preliminary
China has characterized the trade agreements reached during Donald Trump's visit as 'preliminary'. This framing suggests uncertainty in their implementation and comes amid ongoing discussions about trade relations between the U.S. and China. The long-term implication may lead to cautious market reactions and further negotiations as stakeholders assess the likelihood of these deals being finalized.
3 sourcesMay 19Moderate