Pakistan launches retaliatory strikes after border aggression, security sources say

Sources say Operation Ghazab Lil Haq will continue until all designated objectives are achieved Pakistan-Afghanistan border at Chaman. PHOTO: FILE Security forces launched a strong retaliatory response under Operation Ghazab Lil Haq after unprovoked aggression by Afghan Taliban and terrorists along the Pakistan-Afghanistan border, security sources said on Wednesday. According to the sources, armed forces carried…

Read More

SECP approves ETF reform roadmap

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has granted in-principle approval for the implementation of a comprehensive exchange-traded fund (ETF) reform roadmap, based on the recommendations of the working committee on ETFs, according to a statement issued on Tuesday. The roadmap will be implemented in phases following extensive consultations with key stakeholders, including…

Read More

Traders demand end to smart lockdown

Say restrictions and power issues are crippling businesses, threatening livelihoods RAWALPINDI: The Central Traders Association Rawalpindi Cantonment has demanded the immediate and complete lifting of the current smart lockdown, calling on the government to allow markets, restaurants and all other businesses to operate without restrictions and to provide traders with a safe and enabling environment…

Read More

PM vows stronger EU investment ties

A European Union business delegation calls on Prime Minister Shehbaz Sharif in Islamabad. PHOTO: APP ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday reaffirmed Pakistan’s commitment to strengthening trade and investment ties with the EU. The premier expressed the resolve during a meeting with a high-level EU trade and business delegation in the federal capital, according…

Read More

Rate hike undermines investor confidence

KSE-100 loses 1,085 points on worries higher borrowing costs may hit corporate profits KARACHI: The Pakistan Stock Exchange (PSX) ended Tuesday’s session on a negative note as a 100-basis-point policy rate hike weighed on investor sentiment, who were worried that the central bank’s monetary tightening would dent business activities. During the trading session, the benchmark…

Read More

Israeli strikes leave five dead in Gaza

Israeli military said it had targeted an individual who posed a threat to Israeli troops CAIRO/GAZA: Israeli strikes killed five Palestinians, including a 9-year-old boy, in the Gaza Strip on Tuesday, health officials said. Medics said an Israeli drone killed the child, Adel Al Najjar, in eastern Khan Younis in the south of the enclave,…

Read More