KARACHI: Buying momentum continued at the Pakistan Stock Exchange (PSX) on Wednesday, with investors reacting positively to the Kingdom of Saudi Arabia’s commitment of an additional $3 billion in deposits for Pakistan, boosting market sentiment early in the session. The benchmark KSE-100 Index, at 12:34pm, stood at 170,347.47 – up 4,712.63 points, or 2.85%. Trading commenced…
Proceeds of first sustainable Panda Bond earmarked for water, energy, health sectors 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 ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb on Friday addressed the inaugural Panda Bond issuance ceremony at the Embassy…
World leaders take part in a fake fashion show dressed in bizarre – yet clever – outfits LONDON: Tesla CEO Elon Musk, never one to shy away from spectacle, shared an AI-generated video on Monday that was as bizarre as it was entertaining. The video, that Musk captioned “High time for an AI fashion show,”…
OICCI warns informal cash economy surges 33%; BMG terms budget ‘neither good nor bad’ KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has welcomed parts of the Federal Budget 2026-27 but raised serious concerns over the expanding informal economy and policy gaps, while other business bodies criticised the lack of a clear export-led…
PESHAWAR: The government on Tuesday informed the Khyber-Pakhtunkhwa Assembly that it would not convert the status of around 2,000 employees of the education department, initially hired as temporary or “flexible” lecturers into ad hoc positions. The K-P Higher Education Department hired the lecturers under a stop-gap arrangement to address teacher shortages in government colleges. The…
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…