Departing Griezmann back at Barca

Antoine Griezmann returns to Camp Nou with Atletico Madrid, aiming to end his Atletico career on a high. Photo: REUTERS/FILE BARCELONA: Antoine Griezmann’s Barcelona story ended in the depths of misery but as he returns to Camp Nou in the Champions League quarter-finals, the French forward is desperate to close out his time with Atletico…

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PSX subdued ahead of SBP monetary policy decision

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a subdued trading session on Monday as investors remained cautious ahead of the highly anticipated monetary policy announcement by the State Bank of Pakistan (SBP). The benchmark KSE-100 Index opened on a dull note and continued to trade in a narrow range, reflecting a clear wait-and-see approach across…

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Pakistan reaffirms support for electric vehicle manufacturing, localisation plans

Plans to develop charging infrastructure and train Pakistani engineers and technicians Finance minister meets BYD leadership. Photo:X Finance Minister Muhammad Aurangzeb on Thursday met a delegation from BYD Group and Mega Motor Company (MMC) and reaffirmed the government’s support for electric vehicle manufacturing and localisation in the country, the finance ministry wrote on X. The…

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Gwadar coast hit by massive oil spill

Experts believe oil leaked from a passing vessel or tanker operating along international shipping routes QUETTA: A large-scale oil contamination incident has affected a vast stretch of Gwadar’s western coastline, raising serious concerns about environmental degradation and its potential impact on marine life and coastal communities. The pollution has spread across approximately 20 kilometres of…

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Gujranwala industrial expo opens in Karachi

Three-day event to showcase diversity, competitiveness as economy shows cautious optimism KARACHI: As the economy is rebounding, the industrial city of Gujranwala, widely regarded as a byproduct of Pakistan’s Green Revolution in the 1960s, is set to showcase its industrial strength, innovation and craftsmanship at a three-day exhibition at the Karachi Expo Center from April…

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SBP records Rs161.5b money market placements

KARACHI: The State Bank of Pakistan (SBP) has reported strong activity in the money market, with total placements reaching Rs161.53 billion across Islamic and conventional banking segments, according to data released by the central bank’s Domestic Markets and Monetary Management Department. The report, titled Money Market Placements in Islamic Modes, showed that transactions among Islamic…

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War driven costs and opportunities

Transshipment surges at Karachi Port, clean energy shift gains pace amid ME conflict Components of the Dwight D. Eisenhower Carrier Strike Group (IKECSG), guided-missile destroyer USS Stethem (DDG 63) and French Navy frigate FS Languedoc (D 653) transit the Strait of Hormuz on November 25, 2023. PHOTO: REUTERS KARACHI: The US-Iran war and the consequential…

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