Pakistan's stock market came under renewed pressure during the outgoing week, as escalating geopolitical tensions between the US and Iran and a sharp surge in global oil prices triggered broad-based selling, pushing the benchmark KSE-100 index down by 4.5% week-on-week (WoW) to 162,994 points. On a day-on-day basis, the Pakistan Stock Exchange (PSX) commenced the…
Inflows expected to bolster foreign exchange reserves amid ongoing efforts to maintain macroeconomic stability SFD signs agreement to extend $3b deposit with the SBP. PHOTO: Radio Pakistan The State Bank of Pakistan (SBP) said on Tuesday that the country has received $1 billion from the Ministry of Finance of Saudi Arabia, marking the second tranche…
FO calls strikes dangerous escalation as Pakistan’s mediation between US, Iran enters ‘critical, sensitive’ stage Smoke rises over Azadi Square following a strike, amid the US-Israeli conflict with Iran in Tehran on April 6. Photo: Reuters The Foreign Office on Tuesday expressed “its deep concern and unequivocal condemnation” of the missile and drone attacks carried…
Over 30 nations to convene for two-day talks as UK, France lead push to reopen strait Britain’s Defence Secretary John Healey delivers statement at 9 Downing Street in Britain on April 9, 2026. PHOTO: REUTERS Military planners from more than 30 countries will hold two-day talks in London from Wednesday to advance a mission to…
Kylian Mbappe got his 24th goal this season in La Liga as Real Madrid held off a battling Alaves. Photo: AFP LONDON: Kylian Mbappe and Vinicius Junior scored as Real Madrid beat Alaves 2-1 on Tuesday to cling on to their slim hopes of catching Barcelona in La Liga.Mbappe struck his league-leading 24th goal, but…
Russian Foreign Minister Sergey Lavrov (L) and Iranian FM Abbas Araghchi. Photo: File US President Donald Trump said Iran could telephone if it wants to negotiate an end to their two-month war, as Tehran’s foreign minister landed in Russia on Monday to seek support from President Vladimir Putin. Hopes of reviving peace efforts receded on Saturday when…
Analysis found mismatched audio and video, with unsynced lip movements and facial expressions in clip Careful observation of the video shows that it was doctored and fake. PHOTO: SCREEN GRAB Multiple people — most of them PTI supporters, based on past posts — were sharing videos on social media platforms X and TikTok since May…
PESHAWAR: Former Jamaat-e-Islami chief Sirajul Haq has called on Muslim countries to place lasting peace above conflict, warning that even the apparent winner in any war between two Islamic nations ultimately suffers defeat. Speaking at a policy dialogue titled “Pakistan-Afghanistan Conflict and Its Regional Impacts,” organised by the Institute of Islamic Studies (IRS) here on…
Secures $1.7b AIIB portfolio, JICA lending resumption as Pakistan eyes rating upgrade Finance Minister Muhammad Aurangzeb in an interview at the World Bank Spring Meetings 2026 with China Global Television Network’s program “The Heat”. PHOTO: SCREENGRAB WASHINGTON: Finance Minister Muhammad Aurangzeb concluded a productive final day of engagements at the International Monetary Fund (IMF) and…
Taxes on inputs for export goods do not generate sustainable revenue; they merely reduce export volumes ISLAMABAD: Pakistan’s value-added garments sector has long been regarded as the country’s most promising engine for export growth. It combines labour intensity with high value addition, links backward industries such as spinning and weaving with global markets, and has…