Gold prices extend sharp gains for second consecutive day in global, local markets KARACHI: Gold prices recorded sharp gains in both international and local markets on Thursday, rising for the second consecutive day. In the international bullion market, the price of gold rose by $113 per ounce to $4,268 per ounce. According to the All-Pakistan…
Italy’s Jannik Sinner saw off Portugal’s Nuno Borges in the Wimbledon second round. Photo: AFP LONDON: Defending champion Jannik Sinner produced another gritty victory to reach the Wimbledon third round, while French Open champion Mirra Andreeva suffered a shock exit and world number one Aryna Sabalenka battled through. Sinner wasn’t at his best again but the world number one did just enough to…
Condemns Houthi attacks, warns any act against Pakistani vessels will be regarded as grave threat to national security FO spokesperson Tahir Andrabi addresses a weekly press briefing in Islamabad. Photo: Screengrab Pakistan on Thursday expressed “disappointment” over the European Union’s latest GSP+ assessment, saying the report failed to present a balanced picture of the country’s…
The government has agreed to the need for a mini-budget if revenues fall short of expectations by end-December 2025, according to the IMF. Photo: file ISLAMABAD: Talks between Pakistan and the International Monetary Fund (IMF) to secure approval for next year’s budget before its presentation in the National Assembly are set to begin on Wednesday,…
KSE-100 closes at 175,802 points amid US-Iran tensions, which trigger risk aversion KARACHI: The KSE-100 index closed at 175,802 points on Friday, down 2,320 points, as investors adopted a risk-averse stance amid escalating United States-Iran geopolitical tensions and ahead of the upcoming corporate earnings season. The benchmark index closed at 175,802 points, down 2,320 points…
Farooq Sattar says PM Shehbaz as witness, guarantor of agreement, should play his role in ensuring its implementation MQM-P leader Farooq Sattar addressing a press conference in Karachi. Photo: Screengrab Muttahida Qaumi Movement-Pakistan (MQM-P) on Saturday warned of launching a protest movement if the federal government did not play its role in ensuring implementation of…
Iranian Foreign Minister Abbas Araghchi attends a press conference in Tehran on January 18, 2026. PHOTO: AFP Iran’s Foreign Minister Abbas Araghchi on Saturday said that Tehran’s leadership “never refused to go to Islamabad” for possible peace talks that Pakistan has offered to host to bring the ongoing US-Israeli war on the Islamic republic to…
Police surgeon cites 14 forensic gaps, suggests exhumation if concerns remain unresolved Mir Raza Ali, owner of the popular dessert shop Wafflix, whose body was found in Gulistan-e-Jauhar after he was allegedly kidnapped from PECHS. SCREENGRAB/ Youtube The Karachi police surgeon on Wednesday identified multiple serious deficiencies in the post-mortem report of waffle chain owner Mir…
ISLAMABAD: Pakistan and Russia are set to sign an economic cooperation agreement by 2030 targeted at boosting trade and investment opportunities in different areas of the economy. Pakistan has also agreed to join the International North-South Transport Corridor proposed by Russia, which will be connected to Gwadar Port. Recently, the Russian deputy prime minister announced…
Big Tech has been scooping up advanced chip-making capacity and memory chips to power its AI data centres BENGALURU: Apple shares fell nearly 10% on Friday after a disappointing forecast showed that the iPhone maker was struggling to secure enough components as the AI-driven data centre boom strains global supply chains. The drop, if sustained,…