ogood2054

Global oil inventories near 22-year low

Total oil inventories in the members of the Organisation for Economic Cooperation and Development will fall NEW YORK: Oil stockpiles in the world’s largest economies were headed toward the lowest levels since at least 2003 as top consuming nations tapped inventories at a record pace to plug the loss of over 11 million barrels a…

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Iran to reach US day before their opener

MEXICO CITY: Iran’s football federation announced on Tuesday that the country’s World Cup team will fly to Los Angeles the day before their opening group stage match against New Zealand. The Iranian team will be based in Tijuana in Mexico throughout the tournament, despite playing their three first round matches in the United States. Iran…

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Pakistan name squad for Asian Games

Sahibzada Farhan will lead the Pakistan Men’s Team in the Asian Games 2026. Photo: AFP LONDON: Sahibzada Farhan will lead the Pakistan team in the Asian Games 2026, set to take place in Aichi-Nagoya in Japan from 19 September to 4 October.  The 10-team Men’s T20I event will be played at Korogi Athletic Park in Aichi Prefecture. The men’s…

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Pakistan, Russia eye economic pact

ISLAMABAD: Pakistan and Russia are set to sign an economic cooperation agreement by 2030 targeted at boosting trade and investment opportunities in different areas of the economy. Pakistan has also agreed to join the International North-South Transport Corridor proposed by Russia, which will be connected to Gwadar Port. Recently, the Russian deputy prime minister announced…

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Serena makes triumphant return

Serena Williams made a winning return to tennis after four years in retirement. Photo: AFP LONDON: Serena Williams said she had “so much fun” as the American legend rolled back the years in her triumphant return to tennis in the Queen’s Club doubles on Tuesday. Four years after appearing to end her glittering career, Williams and…

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Gilgit’s prized trout under threat as climate change, overfishing take toll

Cold, glacier-fed waters in Gilgit-Baltistan provide ideal environment for trout breeding Gilgit-Baltistan (G-B) region, famed for its towering peaks, vast glaciers, and pristine lakes, is facing a sharp decline in its prized trout population as climate change, habitat loss, and overfishing threaten the species. Its icy, glacier-fed waters provide an ideal environment for breeding of…

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PSX turns volatile after US strikes over helicopter downing

Benchmark KSE-100 Index sheds 903.12 points amid persistent cautious sentiment, settles at 169,427.44 KARACHI: Trading at the Pakistan Stock Exchange (PSX) remained highly volatile on Wednesday as investors reacted cautiously to escalating geopolitical tensions in the Middle East, triggering sharp intraday fluctuations in the benchmark KSE-100 Index. As selling pressure intensified towards the close, however,…

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PTI infighting clouds budget passage in K-P

PESHAWAR: Infighting within the ruling PTI has spilled into the open following the emergence of a dissident faction, triggering a heated exchange between disgruntled lawmakers and allies of the chief minister. Meanwhile, dissident members are beginning to surface one by one in the provincial assembly. After the emergence of group leader Mushtaq Ghani, Fazal Elahi…

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Hybrid Sukuk target raised to Rs200b

PSX revises auction size of 10-year variable rental rate Islamic papers, reschedules calendar KARACHI: The government has sharply increased the target size for its 10-year variable rental rate GoP hybrid sukuk to Rs200 billion from Rs50 billion, according to a Pakistan Stock Exchange (PSX) after advice from the Debt Management Office (DMO). The revision applies…

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Russia says it is ‘extremely concerned’ about rising tensions in Mideast

‘We call on both sides to exercise restraint, immediately cease military attacks,’ says Foreign Ministry spokeswoman Russian Foreign Ministry spokesperson Maria Zakharova also said the US’ threats of new military strikes against Iran are “categorically unacceptable.” PHOTO: ANADOLU Russia said on Wednesday that it is “extremely concerned” about heightened tensions in the Middle East, calling…

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