KARACHI: The Pakistan Stock Exchange (PSX) plunged on Thursday, with the benchmark KSE-100 index tumbling 2,830 points, as escalating Middle East tensions and a sharp spike in global oil prices triggered broad-based selling and dampened investor sentiment. At the close of trading, the KSE-100 index posted a sharp decline of 2,829.70 points, or 1.71%, and…
Florist flooded with bouquet orders directs fans to family-endorsed Palestine fundraiser Zayn Malik’s family has taken to Instagram to encourage fans to donate to a Palestine fundraiser instead of sending flower bouquets to the singer as he recovers in hospital. A local flower bouquet business shared a post thanking fans for the overwhelming number of…
ISLAMABAD: Pakistan’s inflation is expected to edge higher in April as the Ministry of Finance projects it in the range of 8-9%, as supply chain disruptions and global uncertainty continue to exert pressure on prices despite signs of macroeconomic stability. In its Monthly Economic Update and Outlook for April 2026, the ministry warned that inflationary…
KARACHI: Pakistan’s benchmark equity market, the KSE-100 index, delivered a steady earnings performance during the first nine months of FY26, with aggregate profitability rising 8.8% year-on-year (YoY) to Rs1.243 trillion. The growth comes despite mixed macroeconomic conditions and uneven sectoral performance, reflecting resilience in key industries and the impact of easing financial costs across the…
Suspected terror attack raises UK threat level as Somali-born British man faces attempted murder charges An Orthodox Jewish man walks past security patrolling the street near where a man was arrested on Wednesday following a stabbing incident in which two Jewish men were wounded in the Golders Green area, in London, Britain, April 30, 2026….
Sign an agreement on fisheries sector, with a focus on improving animal health services, modern biological solutions A signing ceremony was held in Sanaya where institutions from Pakistan and China signed two memoranda of understanding and an agreement. PHOTO: PPP Pakistan and China on Friday signed two memorandums of understanding (MoUs) and a joint venture…
Asia rallies as oil pulls back from peak, tech earnings lift spirits and Japan steadies yen Asian shares rallied in relief on Friday as oil prices came off the boil and upbeat company earnings pulled investors into tech stocks, while Japan’s first yen-buying intervention in two years steadied the battered currency. Apple amplified the cheer…
Suspect involved in 200–250 robberies, 40–50 motorcycles, 300–400 phones, Rs5–6m cash snatched KARACHI: Sindh Rangers, based on intelligence, arrested a gang leader involved in multiple robberies and street crime incidents in Karachi’s Shah Faisal Colony area on Friday, according to an official statement. The press release issued by Pakistan Rangers (Sindh) identified the suspect as…
Prime Minister Shehbaz Sharif and President Asif Ali Zardari. Photo: APP/AFP President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Friday called upon all stakeholders, including the business community and industrialists, to uphold the dignity and protection of the country’s labour force, Radio Pakistan reported. In their separate messages on International Labour Day, they…
Procurement for API, PNR systems to follow transparent bidding under PPRA rules, say sources ISLAMABAD: Recent media reports regarding a proposed $2.4 billion airport security investment by an international firm and the award of a Rs20 billion e-gate project without open bidding are exaggerated and misleading, according to informed sources. These sources said that the…