Iran snatch draw in World Cup opener

Iran midfielder Mohammad Mohebbiscores his team’s second equaliser in a 2-2 draw with New Zealand in World Cup Group G. Photo: AFP LOS ANGELES: Iran came from behind to snatch a 2-2 draw against New Zealand in their long-awaited opening game at the World Cup on Monday as European heavyweights Spain were frustrated in a…

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Japan PM praises Pakistan’s role in facilitating US–Iran talks in Islamabad

In a telephone conversation, both PMs express desire to deepen bilateral cooperation between Pakistan and Japan Japanese Prime Minister Sanae Takaichi on Monday praised Pakistan’s diplomatic role in facilitating talks between the United States and Iran in a telephone conversation with Prime Minister Shehbaz Sharif. According to the Prime Minister’s Office, the two leaders discussed the…

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PSX holds gains in choppy trade

KARACHI: The Pakistan Stock Exchange (PSX) opened the week on a strong footing, where the benchmark KSE-100 index surged in early trading. Investor sentiment was buoyed by expectations of a potential peace agreement between the US and Iran. Optimism around stable global oil prices further supported broad-based buying across the market. At 9:34 am, the…

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Investors book gains amid US-Iran tensions

Heavyweight stocks drag KSE-100 down by 1,778 points on Strait of Hormuz conflict KARACHI: Pakistan’s stocks on Friday came under pressure as renewed geopolitical tensions between the US and Iran near the Strait of Hormuz triggered a bearish session on the Pakistan Stock Exchange (PSX). The benchmark KSE-100 index declined nearly 1,780 points to close…

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Man to beat at clay

The four-time Grand Slam winner’s progression will continue this week in Madrid Italy’s Jannik Sinner in action during his final match against Spain’s Carlos Alcaraz. PHOTO: REUTERS MADRID: Jannik Sinner was once viewed as an explosive talent custom-built for hardcourt tennis but the four-times ​Grand Slam champion’s assiduous work on his patience and control has…

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Weekly inflation surges 15.16% YoY

KARACHI: The Sensitive Price Indicator (SPI), which monitors weekly inflation, has been on a sharp upward trajectory for many weeks, largely due to spillover effects of the Israel-US war on Iran. For the week ended May 7, 2026, it surged 15.16% compared to the same week of last year. On a year-on-year basis, a major…

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NA panel approves SEZ land giveaway

National Assembly. PHOTO: RADIO PAKISTAN ISLAMABAD: The National Assembly Standing Committee on Finance on Thursday approved a bill to give state land on lease free of cost to private developers for the development of special economic zones (SEZs) and barred courts from taking cognisance of commercial legal disputes related to these zones. The committee approved…

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US, Iran fight verbal duel as truce teeters on brink

• Pezeshkian touts ‘iron unity’ after Trump’s criticism • US president threatens to shoot boats laying mines • I TEHRAN/ WASHINGTON: Iran and the US appeared locked in a prolonged war of attrition, as Iranian President Masoud Pezeshkian and Parliament Speaker Mohammad Bagher Ghalibaf issued near-identical statements on Thursday asserting national unity following US President…

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