KARACHI: Pakistan’s stocks extended their losing streak on Wednesday as investors resorted to profit-taking amid a lack of positive triggers and lingering concerns over geopolitical tensions in the Middle East, dragging the benchmark KSE-100 index down by more than 830 points. “Another day was lost to geopolitical uncertainty,” said Ali Najib, Deputy Head of Trading…
Ceasefire contingent on complete cessation of Hezbollah fire, evacuation of all operatives from South Litani Sector Lebanon and Israel have agreed to renew their fragile ceasefire and establish “pilot zones” placing the Lebanese Armed Forces in exclusive territorial control, with all non-state actors excluded, according to a joint statement released on Wednesday. “The ceasefire is…
Vows resettlement of displaced communities if party forms government in Gilgit-Baltistan DIAMER: PPP Chairman Bilawal Bhutto Zardari on Wednesday called on the federal government to expedite the completion of the Diamer-Bhasha Dam and pledged to resolve the resettlement issues faced by communities displaced by the mega project if his party wins the June 7 elections….
. GANSBAAI: Hundreds of foreigners fearing for their lives have taken shelter in community halls on South Africa’s south coast, saying mobs of locals were going door-to-door telling them to leave the country. Mostly nationals of Malawi and Mozambique, many told AFP they had fled their homes at the weekend and spent nights in the…
ISLAMABAD: The Supreme Court of Pakistan on May 12 ordered the Islamabad High Court to decide applications filed by rights activist Imaan Mazari and her husband Hadi Ali Chatta seeking suspension of their sentences, preferably within two weeks. However, the Federal Constitutional Court (FCC), in its latest judgment, has held that any order or direction…
NAWABSHAH: Powerful winds reaching speeds of up to 95 kilometres per hour, accompanied by a dust storm and rain, swept across parts of Shaheed Benazirabad and neighbouring Naushahro Feroze districts on Tuesday night, killing 11 people, including women and children, and injuring dozens of others. The storm caused widespread destruction, uprooting trees, toppling electricity poles,…
One killed in airport attack as IRGC denies involvement US strikes near Hormuz in Gulf flare-up GCC denounces This screengrab from a social media video shows debris on the floor as fire burns in the background after a strike at Kuwait International Airport in Kuwait City. PHOTO: REUTERS DUBAI: An Iranian drone…
ISLAMABAD: An important breakthrough has been achieved between the federal government and the PPP, with both sides agreeing to recommend that the federal budget for fiscal year 202627 be presented on June 10. The development came during a key consultative meeting held in Islamabad, where Deputy Prime Minister and Foreign Minister Ishaq Dar and Finance…
LAHORE: The Lahore High Court has dismissed appeals filed by two men against their convictions in the 2020 Sialkot-Lahore Motorway gang rape case, upholding the punishment awarded by a trial court. An anti-terrorism court had handed down death sentences, besides life imprisonment and multiple jail terms to the two convicts, Abid Ali alias Malhi and…
ISLAMABAD: The Pakistan Meteorological Department (PMD) has forecast below-normal rainfall and above-normal temperatures across most parts of the country during June and the upcoming three-month period, warning of intensified heatwaves, water shortages, and increased challenges for the agriculture sector. According to the PMD, the country received an average of 22.4 millimetres of rainfall in May…