Amazon, Microsoft, Alphabet, Meta are collectively on track to pour roughly $700 billion into AI data centers, chips Shares rose over 5% to a record $315.9, lifting the company’s market value to $3.82 trillion. PHOTO: REUTERS Google parent Alphabet announced Monday it plans to raise up to $80 billion in stock to fund a major…
PML-N chief addresses gathering during one-day visit, pledges to take region’s road, power, aviation issues to PM PML-N President Nawaz Sharif addresses a public gathering in Gilgit-Baltistan on June 2, 2026. SCREENGRAB ISLAMABAD: PML-N President Nawaz Sharif on Tuesday pledged to pursue major infrastructure, aviation and energy projects in Gilgit-Baltistan (G-B), saying he would take…
Strong buying in banking, cement, automobile and energy stocks helps the KSE-100 index gains over 800 points KARACHI: The Pakistan Stock Exchange (PSX) staged a strong recovery on Tuesday as the trading session reflected a classic battle between panic and confidence, with the market demonstrating remarkable resilience after Monday’s sharp selloff. The benchmark KSE-100 Index…
Asim Iftikhar says nearly 20 per cent of Lebanon, now lies under illegal Israeli occupation Permanent Representative of Pakistan to the UN Ambassador Asim Iftikhar speaking at the UN Security Council Emergency Meeting on the recent situation in Lebanon. PHOTO: X Pakistan on Tuesday expressed grave concern over the deteriorating security and humanitarian situation in Lebanon,…
KARACHI: Pakistan’s heavy taxation of mobile services is creating a “tax trap” that is raising connectivity costs, suppressing mobile adoption and slowing the country’s broader digital transformation agenda, according to a new report commissioned by telecom group VEON. The study, prepared by Frontier Economics, argues that Pakistan’s telecom sector is among the most heavily taxed…
Islamabad says any Taliban order to halt TTP attacks must be ‘concrete, visible, verifiable’ A photo of a TTP member. PHOTO: FILE ISLAMABAD: Pakistan has called for a clear and public statement from Afghanistan’s Taliban leadership regarding reported instructions to the banned Tehreek-e-Taliban Pakistan (TTP) to halt attacks, cautioning that media reports cannot be treated…
NCCIA argues that SC has a consistent and long-standing practice of not intervening in pending matters ISLAMABAD: The National Cyber Crime Investigation Agency (NCCIA) has challenged a Supreme Court order directing the Islamabad High Court (IHC) to decide applications filed by Imaan Mazari and her husband, Hadi Ali Chattha, seeking suspension of their sentences within…
ISLAMABAD: The government on Monday approved a tamed economic growth target of 4% for the new fiscal year after it could not fix chronic ills during the past four years holding back higher growth, and it projected imports crossing $70 billion amid growing external sector pressures. The Annual Plan Coordination Committee (APCC), the body mandated…
Iran renewed attacks on the United Arab Emirates on Tuesday, causing oil loading at the port of Fujairah to be at least partly halted after the third attack in four days. FILE IMAGE: PIXABAY Oil prices trended lower on Tuesday following the previous session’s sharp gains as the market remained cautious about progress in US-Iran…
PESHAWAR: The Peshawar High Court (PHC) has issued a fresh seniority list of its judges following the transfer of Justice Babar Sattar from the Islamabad High Court. The new list was notified by the Registrar of the PHC after approval from the court’s Administrative Committee, in line with its decision dated May 1. According to…