Currency weakens to level last seen in 1986, while risk of intervention limits further losses The Japanese yen on Monday weakened to a nearly 39-year low against the United States dollar, pressured by expectations that US interest rates could remain elevated, while investors remained cautious over possible intervention by Japanese authorities. The dollar briefly rose…
Warns that ‘any attempt to divert or stop Pakistan’s water will be met decisively’ Information Minister Attaullah Tarar addressing the inaugural session of an international seminar titled The Indus Waters Treaty: A Key Instrument for Peace and Regional Stability held at the Jinnah Convention Centre in Islamabad. SCREENGRAB Information Minister Attaullah Tarar on Tuesday said Pakistan’s…
KARACHI: Trading remained subdued at the Pakistan Stock Exchange (PSX) on Monday as investors were wary of building fresh positions amid persistent geopolitical uncertainty and mixed global market cues. By the close of trading, the KSE-100 index lost more than 1,150 points. Keeping in view the choppy Asian markets, where optimism over artificial intelligence-driven growth…
Last Friday, pilot was killed, and 13 were wounded after small plane crashed into one of Beijing’s tallest skyscrapers China restricted private aviation operators from flying light fixed-wing aircraft after a small plane crashed into one of the tallest buildings in Beijing last week, the United Kingdom-based Financial Times reported on Monday. The pilot was…
RAWALPINDI: Pakistan Railways achieved a record revenue of Rs115 billion, the highest in its 178-year history, Railways Minister Hanif Abbasi revealed on Monday, while formally declaring that all railway schools and hospitals would be outsourced as part of the organisation’s privatisation process. Speaking to the media after inaugurating newly-constructed running rooms for guards and locomotive…
Brent August crude futures, which expire on Tuesday, are down 0.9%, or 64 cents, at $72.51 a barrel Oil prices dipped on Tuesday and were poised for a monthly decline, with investors eyeing potential US-Iran talks in Doha amid a strained interim ceasefire in the four-month-old war. Brent August crude futures, which expire on Tuesday,…
Teenagers pose for a photo while holding smartphones in front of a Whatsapp logo in this illustration. PHOTO: REUTERS The hundreds of millions who use Meta-owned messenger WhatsApp to chat with family, friends or businesses will no longer need to share phone numbers under a coming update, the company said Monday. Instead, people will be…
MUZAFFARABAD: The Azad Jammu and Kashmir (AJK) Supreme Court has suspended the AJK High Court order granting interim relief to the PTI in its dispute with the AJK Election Commission over the party’s registration until July 2. On June 23, the AJK High Court directed the polls oversight body to provisionally register PTI as a…
. ISLAMABAD: Oil and Gas Development Company Limited (OGDC) has commenced oil production from its Bobi Deep-1 well in Sanghar district, producing 2,000 barrels of oil per day from the Massive Sand of the Lower Goru Formation. The company had announced the discovery on June 3, 2026. OGDC completed the laying of a 1.5-kilometre flowline…
Iran FM spokesperson Baghaei maintains no talks between the two sides are scheduled US President Donald Trump gestures as he speaks in the Oval Office at the White House in Washington, DC, US, June 11, 2026. Photo: Reuters US President Donald Trump told reporters in the Oval Office on Tuesday that, “The meeting in Doha…