Stocks remained under pressure since opening, extending bearish momentum from previous session KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday remained fragile, keeping the market under sustained bearish pressure during the ongoing session amid a visible rate-hike syndrome following the central bank’s tightening stance. Stocks remained under pressure since the opening, extending the bearish momentum…
Agreement allows the Pentagon to use Google’s AI for ‘any lawful government purpose’ Alphabet’s Google joined a growing list of technology firms to sign a deal with the US Department of Defence to use its artificial intelligence models for classified work, The Information reported on Tuesday, citing a person familiar with the matter. The agreement…
Russian President Vladimir Putin shakes hands with Iranian Foreign Minister Abbas Araghchi during a meeting at the Boris Yeltsin Presidential Library in Saint Petersburg. PHOTO: REUTERS Russian President Vladimir Putin on Monday praised the Iranian people for battling to stay independent in the face of US and Israeli pressure and said Moscow would do all it…
Iran’s latest proposal sets aside nuclear discussion until war is ended, disputes over shipping from Gulf resolved US President Donald Trump speaks about research into mental health treatments in the Oval Office of the White House in Washington, D.C., April 18, 2026. REUTERS US President Donald Trump is unhappy with the latest Iranian proposal on resolving the…
President Asif Ali Zardari confers the Sitara-e-Pakistan on Prof Pan Xiangbin at a special investiture ceremony in Changsha. PHOTO: APP ISLAMABAD: Pakistan and China have signed three memorandums of understanding (MoUs) aimed at strengthening bilateral cooperation in desalination, agricultural technology and the tea industry, in a move expected to boost investment, technology transfer and economic…
ISLAMABAD: The Ministry of Information rejected on Monday Afghan media reports alleging that the Pakistan Army carried out missile or air strikes in Afghanistan’s Kunar province, calling the claims “false” and “frivolous”. In a statement posted on X, the ministry’s fact-checking account shared a picture from Afghan news outlet TOLOnews claiming that Pakistan “conducted missile/jet…
ISLAMABAD: The Federal Constitutional Court (FCC) on Monday put on hold a landmark ruling of the Lahore High Court (LHC) that had struck down key provisions of the Passport Rules 2021, effectively restoring the federal government’s powers to inactivate passports and impose long-term travel bans on deportees and suspected human traffickers. The interim relief means…
KARACHI: Pakistan’s trajectory of steadily lowering interest rates has been disrupted by spillover effects of Israel-US war on Iran, as the State Bank of Pakistan (SBP) on Monday raised key policy rate by 100 basis points to 11.50%, citing inflationary risks triggered by the geopolitical escalation and the resulting closure of the Strait of Hormuz,…
Araghchi says US push reflects ‘unmet war aims’ Washington reviews Iranian phased de-escalation proposal Russian President Vladimir Putin shakes hands with Iranian Foreign Minister Abbas Araghchi during a meeting at the Boris Yeltsin Presidential Library in Saint Petersburg. PHOTO: REUTERS MOSCOW/WASHINGTON: Russian President Vladimir Putin on Monday assured Tehran that Moscow would do “everything” to…
LONDON: Britain’s parliament will vote on Tuesday on a possible inquiry into Prime Minister Keir Starmer, looking at whether he misled the House of Commons over the appointment of former U.S. ambassador Peter Mandelson. Any such inquiry could have serious implications for Starmer’s future. He has so far resisted pressure to quit over his decision…