KSE-100 Index falls 1,833.99 points to 184,421.56 by midday as investors continue broad-based selling KARACHI: Fresh geopolitical uncertainty jolted investor confidence on Wednesday, unleashing a sharp sell-off at the Pakistan Stock Exchange that briefly pushed the benchmark KSE-100 Index down almost 2,500 points during the opening minutes of trading. The sell-off was triggered by heightened…
PIA says the transition marks ‘bold new chapter of modernisation and global excellence’ for the national flag carrier Pakistan International Airlines (PIA) said on Monday that it officially transitioned to new management under PIA Equity Ltd, a special purpose vehicle of the Arif Habib Consortium. Prime Minister Shehbaz Sharif, Deputy PM and Foreign Minister Ishaq…
Responding to child sexual abuse case, says case was entirely a matter for the British authorities Foreign Office spokesperson Tahir Hussain Andrabi speaking at the FO weekly press briefing. SCREENGRAB Pakistan on Thursday renewed its call for restraint amid continuing tensions involving the United States and Iran, warning that further escalation would undermine regional stability…
254 incidents of building collapses were reported in Lahore during the past three years Rescue workers work at the site where children reportedly died after a tuition center roof collapsed, in Lahore, Pakistan, June 30, 2026. REUTERS LAHORE: The roof collapse of a residential building in Kahna has brought Lahore’s long-standing issues of illegal construction,…
ISLAMABAD: Prospective buyers of Pakistan’s three power distribution companies have set out demands for a return on their investments in foreign currency, sought sovereign guarantees that their deals would not be reopened in future, and they will not be required to buy expensive electricity. Some of the demands, which the local and foreign investors have…
Medical experts say aortic dissection mimics heart attack with chest pain, breathlessness, fainting US Senator Tommy Tuberville has given new accounts of what happened to his fellow Republican Sen. Lindsey Graham before he died at his Washington, DC, home on Saturday, according to a CNN report. “Lindsey called, called basically, said, ‘Listen, I’m having chest…
Premier congratulates him on his promotion, appointment, wishes him success in his new role Prime Minister Shehbaz Sharif on Friday promoted Lieutenant General Aamer Raza, the Pakistan Army’s Chief of General Staff, to the rank of four-star general and appointed him as Commander National Strategic Command (CNSC). PHOTO: PMO Prime Minister Muhammad Shehbaz Sharif has…
. LAHORE: As temperatures climb in Lahore, a wave of electricity outages has deepened public frustration, with residents questioning why soaring power bills persist even as supply remains unreliable. According to officials, electricity demand on the Lahore Electric Supply Company (LESCO) system has surged to around 2,400 megawatts, while supply from the National Power Control…
SAN FRANCISCO: Memory chipmakers have for decades been trapped in boom-bust cycles, with capacity buildouts hitting the market just as demand craters. Micron, Samsung and SK Hynix are now trying to convince investors this time is different, arguing long-term deals will keep cash flowing even if the datacenter boom bursts. Micron said on Wednesday customers…
Pakistan made a winning start to the FIVB Boys Under-17 World Championship in Doha on Thursday, sweeping Chinese Taipei 3-0 in their opening Pool E match. Pakistan, competing alongside Iran, Chinese Taipei and Algeria, produced a disciplined performance to seal 25-20, 25-10, 25-23 victory and immediately put themselves in a strong position in the group….