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…
Targets reportedly include Iran’s ‘remaining military assets, leadership and infrastructure,’ according to Fox News The commander of US Central Command (CENTCOM) briefed US President Donald Trump on potential “final blow” strike options against Iran, Fox News reported on Thursday. Admiral Brad Cooper presented the possible options during a briefing with Trump in the Situation Room,…
RAWALPINDI: The Punjab government has directed all public-sector bodies to eliminate non-essential expenditure and transfer surplus financial deposits to the provincial exchequer, citing rising welfare spending, public relief measures, and a shortfall in revenue targets. Under the directive, development authorities, Parks and Horticulture Authorities (PHA), Water and Sanitation Agencies (WASA), waste management companies and other…
Chairman calls on industry to deepen investment in Pakistan across artificial intelligence, robotics, and blockchain ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib on Thursday held an industry briefing, bringing together founders, chief executives, technologists, and financial innovators from Pakistan’s digital assets sector. The chairman called on industry…