KARACHI: Gold prices on Monday registered an increase in Pakistan, mirroring gains in the international market, where the precious metal rose more than 1% amid hopes of a peace deal to end the US-Iran war. The development eased pressure on the dollar and oil prices, reducing fears of higher inflation and interest rates for an…
Both sides commit to deepening defence, security cooperation and keeping close coordination on global, regional issues Prime Minister Shehbaz Sharif on Monday met Chinese President Xi Jinping in Beijing on May 25, 2026. Photo: Handout Pakistan and China reached a “new broad consensus” on further deepening the All-Weather Strategic Cooperative Partnership, with both sides agreeing…
Federal govt obtained $11 billion in foreign loans btw July 2025 and April 2026, compared to nearly $6b last year A picture showing $100 bills. SOURCE: REUTERS ISLAMABAD: Pakistan secured nearly $11 billion in external loans during the first 10 months of the current fiscal year 2025-26, marking an increase of 83 per cent compared…
CALGARY: Oil prices fell almost 6% to two-week lows on Monday as optimism grew that the United States and Iran were moving closer to a peace deal that would reopen the Strait of Hormuz, even though Washington and Tehran played down hopes for an imminent breakthrough. Brent crude futures were down $6.12, or 5.9%, at…
ANKARA: Turkish riot police fired tear gas and forced their way into the main opposition party’s headquarters to evict its ousted leadership on Sunday, fuelling a crisis at the heart of Turkey’s democracy. Clouds of tear gas billowed within the Republican People’s Party (CHP) building while those inside shouted and threw objects at the entrance…
ISLAMABAD: Leaders of the National Dialogue Committee (NDC) on Monday called for the formation of a national government and wide-ranging constitutional reforms, arguing that political stability, electoral transparency and grassroots devolution were essential to steer the country out of its current crises. Addressing a joint press conference at the National Press Club, former federal minister…
KARACHI: Pakistani banks should follow the global trend of adopting artificial intelligence (AI) solutions to accelerate customer onboarding and strengthen Know Your Customer (KYC) compliance, with the aim of significantly expanding their customer base. AI?based systems enable banking institutions to attract new customers more efficiently, help prevent account misuse in both bank and wallet systems,…
Dar to hold bilateral meetings with his counterparts, as well as UN officials, to discuss regional issues Deputy Prime Minister and Foreign Minister Ishaq Dar arrives in New York to attend a high-level United Nations Security Council (UNSC) open debate convened under China’s presidency of the council. PHOTO: MoFA Deputy Prime Minister and Foreign Minister…
He emphasised reducing post-harvest losses, invites firms to establish manufacturing, technology in Pakistan Prime Minister Shehbaz Sharif held a series of high-level meetings with leading Chinese enterprises. PHOTO: PMO Prime Minister Shehbaz Sharif on Tuesday held a series of high-level meetings with leading Chinese enterprises, reaffirming Pakistan’s commitment to deepening economic, industrial, and infrastructure cooperation…
Developments sent Brent futures rising more than 2% in Asian trade to $98.21 a barrel A pumpjack, used to help lift oil from a well, in the Permian basin near Midland, Texas, U.S., October 8, 2025 PHOTO: REUTERS Oil prices rose on Tuesday and stocks dithered as investor optimism over an imminent US-Iran peace deal…