PSX rebounds at midday session

Overall market participation was strong, as 1,066 million shares were traded with a total value of Rs. 49 billion. KEL led the volume chart, with 195.8 million shares..Photo: Express KARACHI: The Pakistan Stock Exchange (PSX) displayed renewed bullish sentiment on Thursday with the benchmark KSE-100 Index trading firmly in positive territory during midday hours. As…

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FPCCI urges withdrawal of 0.9% infrastructure cess

FPCCI Regional Chairman Zaki Aijaz said cargo transported by rail is considerably more economical LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh has urged the Punjab government to immediately withdraw the 0.9% Punjab Infrastructure Development Cess (PIDC) imposed in the province, according to a statement issued on Monday. Sheikh…

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Russia will not choose who speaks for Europe in potential Ukraine talks, EU ministers say

European foreign ministers meet as Kyiv pushes for stronger role in ending the four-year war EU High Representative of Foreign Affairs and Security Policy, Kaja Kallas, speaks to media during an informal EU Foreign Ministers meeting in Limassol, Cyprus. PHOTO: Reuters Russia will not get to choose who ​represents Europe in any potential talks with Moscow…

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Trump rejects ‘unacceptable’ Iranian terms

US President Donald Trump delivers remarks in the Rose Garden at the White House in Washington, DC, US, May 8, 2026. REUTERS ISLAMABAD: President Donald Trump on Sunday rejected Iran’s long-awaited response conveyed through Pakistan to Washington’s proposals for ending the ongoing conflict in the Middle East, saying that he deemed it “totally unacceptable”. “I…

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Budget 2026-27 signals reformist turn

. Budgets in Pakistan have for years been read as ledgers of disappointment. The numbers came out, the cynics added them up, and the verdict was usually returned before the Finance Minister had finished his speech. The Federal Budget 2026-27, scheduled for approval by 1st July, deserves a different kind of reading. It is not…

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Taijul leads BD to Pak series sweep

The Bangladesh players after completing a 2-0 sweep over Pakistan. Photo: BCB Spinner Taijul Islam took six wickets to lead Bangladesh to a 78-run win over Pakistan in the second Test and clinch a famous 2-0 series win on Wednesday. Pakistan, who started the fifth day on 316-7 chasing a record 437, were bowled out…

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