KSE-100 sheds over 500 points at midday amid geopolitical jitters

Saudi inflows offer limited support as US-Iran uncertainty keeps investors cautious The Pakistan Stock Exchange (PSX) displayed a fragile and indecisive tone on Wednesday, reflecting heightened geopolitical uncertainty and cautious investor sentiment. The benchmark KSE-100 index opened under pressure, setting a jittery tone early in the session. Intra-day movement remained volatile, with the market briefly…

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Australian social media ban marred by weak platform checks, tech providers say

Regulatory ​data shows millions of ​suspected under-age accounts ⁠have been removed since the law came into force The changes amend India’s 2021 IT rules, which have already been a flashpoint between Prime Minister Narendra Modi’s government and global technology companies. PHOTO: PIXABAY Problems enforcing Australia’s teen social media ban reflect social media platforms’ weak deployment…

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Pakistan condemns Al Aqsa storming

ISLAMABAD: Pakistan on Tuesday strongly condemned the storming of the Al-Aqsa Mosque compound and the raising of Israel’s flag within its courtyard by illegal Israeli settlers, calling it a blatant violation of international law. Israeli occupiers had stormed the Al-Aqsa Mosque compound in occupied East Jerusalem on Tuesday, raising the Israeli flag during the incursion…

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Trump heeds CDF Munir, PM’s truce call

• US president extends ceasefire with Iran until negotiations conclude • Tehran terms move ‘a ploy to buy time’ fo ISLAMABAD: US President Donald Trump on late Tuesday night announced an extension of the ongoing ceasefire with Iran, saying the decision was taken following a request from Pakistan’s top leadership and to allow Tehran time…

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State Bank receives $1b Saudi tranche

State Bank of Pakistan. Photo: File KARACHI: The State Bank of Pakistan (SBP) said on Tuesday that the country has received $1 billion from the Ministry of Finance of Saudi Arabia, marking the second tranche of a $3 billion deposit agreement with the Kingdom, in a post on X. In the statement, the central bank…

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