Pakistan's stock market came under renewed pressure during the outgoing week, as escalating geopolitical tensions between the US and Iran and a sharp surge in global oil prices triggered broad-based selling, pushing the benchmark KSE-100 index down by 4.5% week-on-week (WoW) to 162,994 points. On a day-on-day basis, the Pakistan Stock Exchange (PSX) commenced the…
KARACHI: Senior American journalist and renowned author Fareed Zakaria has said that United States President Donald Trump would need to “give up something” to secure a deal with Iran to end the conflict. In an interview on Express 24/7 programme ‘Full Frame’ with host Fahd Husain, Zakaria said President Trump would want a deal that…
Italian driver of Mercedes Kimi Antonelli celebrates after winning the Formula One Japanese Grand Prix at the Suzuka circuit. Photo: REUTERS/FILE MIAMI: Kimi Antonelli of Mercedes won the Japanese Grand Prix on Sunday for his second straight victory as the 19-year-old Italian became the youngest driver in Formula One history to lead the world championship…
KARACHI: Islamabad United produced a commanding performance to beat Rawalpindiz by seven wickets in their first-ever Pakistan Super League (PSL) meeting, chasing down the 157-run target with 34 balls to spare at Gaddafi Stadium on Saturday. The newly inaugurated “Twin Cities” derby, hyped on PSL social media channels throughout the day, ultimately lacked the close…
A security guard standing outside Election Commission of Pakistan in Islamabad on September 21, 2023. Photo: AFP PESHAWAR: The Election Commission of Pakistan (ECP) has formally notified the Khyber-Pakhtunkhwa Assembly about arrangements for the Senate by-election scheduled for April 23, directing all members to bring their original CNIC and Assembly membership cards when casting votes….
Settlement marks first resolution from DOJ’s ‘Civil Rights Fraud Initiative’ formed to crack down on DEI policies IBM logo. PHOTO: X IBM has agreed to pay $17 million to settle a United States government probe over the firm’s diversity, equity and inclusion practices, which President Donald Trump’s administration has cracked down on during his second…
Stresses regulatory system to boost investor confidence in digital economy sector in meeting with PVARA chairman Minister of State and Chairman Pakistan Virtual Assets Regulatory Authority Bilal bin Saqib calls on Prime Minister Shehbaz Sharif on Thursday. Photo: PMO Prime Minister Shehbaz Sharif on Friday directed the early and full operationalisation of an effective, internationally…
Says Pakistan tried until last moment to create space for meaningful engagement, but the situation again deteriorated Foreign Minister Ishaq Dar. SCREENGRAB Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday expressed concern over the recent escalation in the Middle East, saying Pakistan’s efforts to create space for dialogue had been undermined by fresh…
Court directs jail authorities to arrange the meeting and set it for 2pm, while adjourning the case till Thursday Pakistan Tehreek-e-Insaf founder Imran Khan. Photo: File ISLAMABAD: The Islamabad High Court (IHC) on Tuesday approved a miscellaneous application seeking to arrange a meeting between Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his counsel, Advocate Salman…
Last week, Sindh government announced the termination of construction contract for the project Frontier Works Organisation restarts work at University Road. PHOTO: MURTAZA WAHAB/X Karachi Mayor Murtaza Wahab said on Sunday that work on the Bus Rapid Transit (BRT) Red Line on University Road has resumed, with the Frontier Works Organisation (FWO) restarting construction from…