By helping the world reduce oil prices from the $150-$200 range and saving hundreds of billions in import bills and high interest expense, Pakistan has earned its seat at the table. photo: REUTERS Stocks held their ground and oil rose on Tuesday as investors weighed the stalemate in the Iran conflict, while the yen was…
Stocks remained under pressure since opening, extending bearish momentum from previous session KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday remained fragile, keeping the market under sustained bearish pressure during the ongoing session amid a visible rate-hike syndrome following the central bank’s tightening stance. Stocks remained under pressure since the opening, extending the bearish momentum…
Prime Minister Shehbaz Sharif chairs a meeting on the gemstone sector in the federal capital. PHOTO: APP ISLAMABAD: Prime Minister Shehbaz Sharif on Monday noted that Pakistan had been blessed with abundant natural resources, including precious stones, and stressed that the sector offered strong potential to increase exports using local resources. The premier chaired a…
Agreement allows the Pentagon to use Google’s AI for ‘any lawful government purpose’ Alphabet’s Google joined a growing list of technology firms to sign a deal with the US Department of Defence to use its artificial intelligence models for classified work, The Information reported on Tuesday, citing a person familiar with the matter. The agreement…
PTI Founder Imran Khan. Photo: File ISLAMABAD: Pakistan Institute of Medical Sciences (PIMS) said on Tuesday that Pakistan Tehreek-e-Insaf (PTI) founder and former prime minister Imran Khan received a fourth dose of an intravitreal injection as part of his eye treatment. According to a statement, Imran was brought to PIMS for follow-up eye treatment on…
Tokyo, Hong Kong, Shanghai and Sydney led losses, though there were gains in Seoul, Singapore, Taipei and Jakarta Oil prices edged up and stocks wavered on Tuesday as Donald Trump weighed an Iranian proposal that would reportedly reopen the Strait of Hormuz and end the eight-week-old war. Investors were also gearing up for key central…
Russian President Vladimir Putin shakes hands with Iranian Foreign Minister Abbas Araghchi during a meeting at the Boris Yeltsin Presidential Library in Saint Petersburg. PHOTO: REUTERS Russian President Vladimir Putin on Monday praised the Iranian people for battling to stay independent in the face of US and Israeli pressure and said Moscow would do all it…
Court also ordered Law Secretary, Raja Naeem Akbar, Cabinet Secretary, Kamran Ali Afzal, to appear before the court ISLAMABAD: The Islamabad High Court (IHC) warned on Tuesday that Prime Minister Shehbaz Sharif may be summoned if the appointment of a Member Finance to the Pakistan Telecommunication Authority (PTA) tribunal is not made by May 18….
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a subdued trading session on Monday as investors remained cautious ahead of the State Bank of Pakistan’s (SBP) monetary policy announcement. The benchmark index opened on a dull note and traded within a narrow range throughout the session, reflecting a clear wait-and-see approach across the board. The index…
Iran’s latest proposal sets aside nuclear discussion until war is ended, disputes over shipping from Gulf resolved US President Donald Trump speaks about research into mental health treatments in the Oval Office of the White House in Washington, D.C., April 18, 2026. REUTERS US President Donald Trump is unhappy with the latest Iranian proposal on resolving the…