Malaysia prepared to take Israel to ICJ over treatment of Gaza flotilla activists

Kuala Lumpur will initiate proceedings once lawyers complete collection of information, supporting evidence The Malaysian government is prepared to take Israel to the International Court of Justice (ICJ) over the alleged kidnapping and torture of activists from the Gaza-bound Global Sumud humanitarian aid flotilla, local media reported Monday. Amirudin Shari, Chief Minister of the Malaysian…

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PSX gains over 790 points in late-session recovery

KARACHI: Trading at the Pakistan Stock Exchange (PSX) remained highly volatile on Tuesday, as investors reacted to fresh macroeconomic data and shifting intra-day sentiment. According to the Pakistan Bureau of Statistics (PBS), the country’s trade deficit widened by 3.82% year-on-year (YoY) in April 2026 to over $4.0 billion, which weighed on investor confidence early in…

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PBA announces banking summit 2026

SMEs, agriculture, housing finance on agenda as top officials, global experts gather in Karachi KARACHI: The Pakistan Banks Association (PBA) has announced the second edition of the Pakistan Banking Summit 2026, to be held on 7-8 July in Karachi, according to a statement issued on Saturday. The summit will bring together more than 1,200 participants,…

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Government sanctions 35 of 38 AJK protestor’s demands, urges dialogue over violence

Says ‘definitely a path of peace and well-being will be found’ if violence abandoned Federal Minister for Parliamentary Affairs Tariq Fazal Chaudhry addresses a press conference in Islamabad on Sunday. SCREENGRAB Parliamentary Affairs Minister Dr Tariq Fazal Chaudhry on Monday called on the recently proscribed Joint Awami Action Committee (JAAC) to abandon its alleged violence and…

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War impact looms as remittances dip 5% YoY

Since July 22, numerous unauthorised exchange outlets have been closed after the military intelligence agency summoned currency dealers to address the rising dollar rate in the open market. photo: file KARACHI: Pakistan’s workers’ remittances posted a year-on-year decline in March 2026, reflecting emerging external risks even as overall inflows remain strong, with analysts warning that…

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India makes first Iranian oil purchase

World’s third-biggest oil importer and consumer, India has not received a cargo from Tehran since May 2019 Kerosene oil. BENGALURU: Indian refiners have purchased Iranian oil amid the Middle East conflict that has disrupted supplies through the Strait of Hormuz, the oil ministry said on Saturday. The world’s third-biggest oil importer and consumer, India has…

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Pakistan vows to protect its interests under IWT

Prime Minister Shehbaz Sharif. Photo: File ISLAMABAD: The Foreign Office on Friday said Pakistan welcomed the supplemental award issued by the Court of Arbitration on May 15 regarding the Kishanganga and Ratle hydroelectric projects under the Indus Waters Treaty. Foreign Office spokesperson Tahir Andrabi, while addressing his weekly media briefing, said the award reaffirmed Pakistan’s…

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