KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) on Friday extended its losing streak, declining over 900 points to settle near 165,600 as selling pressure persisted throughout the week. The market witnessed a bearish run in every session in the outgoing week, resulting in a 3.2% week-on-week loss. Despite the downturn, analysts…
Anthony Edwards and Victor Wembanyama dominated the first half’s scoring, managing 19 and 16 apiece, with everyone else combined shooting barely 30 percent from the field. Photo: AFP NEW YORK: A dominant Victor Wembanyama powered the San Antonio Spurs to a 115-108 win over Minnesota and a 2-1 lead in their NBA playoff series Friday,…
Memorandum also carries signatures of US President Donald Trump, Iranian President Masoud Pezeshkian Prime Minister Shehbaz Sharif signs the ‘Islamabad Memorandum of Understanding’ (MoU) as a mediator. PHOTO: PMO Prime Minister Shehbaz Sharif on Thursday signed the ‘Islamabad Memorandum of Understanding’ as a mediator, formalising a major diplomatic breakthrough between the United States of America…
IRGC says it launched ballistic missiles at American military installations in the region, Tasnim News reports An Iranian missile launcher. PHOTO: ANADOLU AGENCY Iran’s Islamic Revolutionary Guard Corps (IRGC) said it struck “enemy bases” in Kuwait and Bahrain after US drones attacked sites on Iranian territory, Tasnim News reported on Saturday. The IRGC’s Aerospace Force…
Aurangzeb says current account surplus was a little over USD1b in March this year Finance Minister Muhammad Aurangzeb on Tuesday said Pakistan’s economic growth will be about four per cent this fiscal year while speaking at the EU-Pakistan High Level Business Forum in Islamabad, according to Radio Pakistan. He noted that this represents a significant…
Union Berlin manager Marie-Louise Eta is coaching her first away match against RB Leipzig on Friday. Photo: AFP LONDON: RB Leipzig’s home Bundesliga clash with Union Berlin on Friday has the two sides chasing different season goals, while showing the changing face of the game. Third-placed Leipzig can take a massive step towards returning to…
ISLAMABAD: The foreign ministers of 14 countries, including Pakistan, issued a joint statement on Sunday condemning the “illegal and unacceptable” opening of a purported embassy by the “so-called Somaliland region” in occupied Jerusalem. The statement, shared by the Ministry of Foreign Affairs on X, was signed by the foreign ministers of Pakistan, Egypt, Saudi Arabia,…
Violence reported after Abdulghani “Ghaniwa” Kikli, SSA commander linked to Libya’s GNU, was killed in Abu Salim. Listen to article WORLDWIDE: Armed clashes broke out on Monday evening in Libya’s capital, Tripoli, after reports emerged that a senior militia leader had been killed, prompting a call for de-escalation from the United Nations. Gunfire echoed through several neighbourhoods,…
The Pakistan Peoples Party announced on Saturday that it and the Pakistan Muslim League-Nawaz had come to an agreement on forming the next government in Gilgit-Baltistan together. In a post on X, the PPP said: “Following detailed consultations, mutual trust and consensus between the local leadership and organisations of the PPP and PML-N in Gilgit-Baltistan, a decision…
Islamabad refers to the 35th, 36th, 16th and 37th UN Security Council monitoring team reports File photo of Tehreek-e-Taliban Pakistan militants. PHOTO: REUTERS Pakistan on Sunday questioned the position of United Nations human rights experts regarding the lack of “credible evidence” linking the banned Tehreek-i-Taliban Pakistan (TTP) attacks to Afghan soil, pointing to multiple UN…