US crude falls 15% to $96.31, Brent down 13% to $94.71 after market reacts to US-Iran ceasefire news Oil prices slid, stocks and bonds surged, while the safe-haven dollar was knocked back on Wednesday, as a two-week Middle East ceasefire brought some relief to markets on hopes for a resumption of oil and gas flows…
Jasveen Sangha, who supplied 51 vials of ketamine used to inject star on day he died, faces over 60 years in prison Matthew Perry & Jasveen Sangha. Photos: File A dealer dubbed the “Ketamine Queen” who supplied the drugs that killed Friends Actor Matthew Perry is set to be sentenced in a California court on…
Authorities enforce Section 144 across the district, banning public gatherings for 15 days RAWALPINDI: A planned PTI protest outside Adiala jail on Tuesday was cut short as law enforcement agencies detained several party leaders and workers, including the sisters of incarcerated former prime minister Imran Khan, amid sweeping restrictions imposed across Rawalpindi. The party had…
Following international market trends, gold prices increase in Pakistan by Rs 15,700 At current prices, the looted gold is worth around $70 million. PHOTO: PIXABAY Gold prices climbed to a nearly three-week high on Wednesday as markets reassessed near-term risks after US President Donald Trump agreed to suspend bombings and attacks on Iran for two…
Trading currently underway, with upbeat sentiment and celebratory buying still driving the market higher The Pakistan Stock Exchange (PSX) erupted in celebration on Wednesday as investors cheered the global peace momentum brokered by Pakistan and easing tensions between Iran and the United States, triggering a wave of aggressive buying across the market. The benchmark KSE-30…
PM to brief cabinet on situation in Middle East, will provide details on ceasefire between US and Iran Prime Minister Shehbaz Sharif has convened a meeting of the federal cabinet on Wednesday and is chairing the session, where he will brief members on the situation in the Middle East and provide details on the ceasefire…
US officials have indicated they hope the Section 301 investigations will be completed before that deadline. PHOTO: PEXELS ISLAMABAD: A meeting was held between the Member of the Board – Minister in charge of Trade of the Eurasian Economic Commission, Andrey Slepnev, and the Federal Minister for Commerce, Jam Kamal Khan, in a videoconference format….
Social media platform expands EU data push with €1bn centre amid rising data protection concerns According to an internal memo seen by AFP, TikTok CEO Shou Chew told employees that the social media company and its Chinese owner ByteDance had agreed to the new entity. PHOTO:PIXABAY TikTok plans to invest 1 billion euros ($1.16 billion)…
Former Chief Minister and Pakistan Tehreek-e-Insaf (PTI) President Chaudhry Pervez Elahi is accused of making illegal appointments in the Punjab Assembly during his tenure, according to the provincial anti-corruption body ACE.—File photo LAHORE: The Pakistan Peoples Party (PPP) has denied rumours that PTI President Parvez Elahi is joining the party and could be appointed as…
KARACHI: Gold prices in Pakistan declined on Tuesday, tracking a subdued trend in the international market, as investors remained cautious ahead of a key geopolitical deadline set by Donald Trump regarding Iran and the Strait of Hormuz. In the local market, the price of gold per tola dropped by Rs3,000 to settle at Rs488,462. Similarly,…