PSX rebounds over 1,000 points on oil price fall

KARACHI: Pakistan Stock Exchange (PSX) recovered on Thursday as a dip in international oil prices improved risk appetite, lifting the benchmark KSE-100 index over 1,000 points to around 169,050. At the close of trading, the KSE-100 index posted a rise of 1,021.40 points, or 0.61%, and settled at 169,043.20. Pakistan’s stock market found modest relief…

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Top Olympic official wants even bigger Asian Games

NAGOYA: Asia’s Olympic chief said Friday that he wished the Asian Games in Japan had an athletes’ village and hinted that future editions of the multisport event could be even bigger. The continent’s premier sporting spectacle opens in Nagoya and Aichi prefecture on Saturday but the build-up has been beset by difficulties. That includes a…

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Centre, K-P review security of E&P activities

Minister for Petroleum and Natural Resources Ali Pervaiz Malik. Photo: Reuters/ File ISLAMABAD: A meeting was held between Federal Minister for Petroleum Ali Pervaiz Malik and Khyber-Pakhtunkhwa Minister for Energy and Power Nazir Ahmed Abbasi on Thursday to discuss strategic energy issues, oil and gas supply, security of exploration and production activities, and the energy…

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Anthropic’s Claude helped cybersecurity researchers breach OpenAI: report

Hacktron team says it accessed OpenAI’s internal code repository before reporting vulnerabilities to company Jacob Coxon leaves the AI industry after working on pretraining AI models at Anthropic. AFP A three-person cybersecurity research team used Anthropic’s Claude Opus 5 to exploit vulnerabilities in an OpenAI community forum, take control of employee accounts and demonstrate access…

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Tarar says FCC, SC powers clearly defined

Minister says lessons learned two decades ago were reflected in the 26th and 27th constitutional amendments Federal Minister for Law and Justice Azam Nazeer Tarar addressing a press conference in Islamabad on March 28, 2024. PHOTO: PID ISLAMABAD: Federal Minister for Law and Justice, Senator Azam Nazeer Tarar on Thursday said powers and jurisdiction of…

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PM Shehbaz directs inclusion of 20-year-old bikes, rickshaws in fuel relief scheme

Two, three-wheelers registered after January 1, 2006, would be eligible for registration Prime Minister Shehbaz Sharif has directed the immediate inclusion of 20-year-old motorcycles, rickshaws and Qingqi rickshaws in the Prime Minister Fuel Relief Scheme, the Prime Minister’s Office (PMO) said on Friday. According to the PMO’s statement on X, the prime minister had issued “special directives”…

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