Highest number in nearly two decades; Finmin calls US-Iran deal significant for global economy ISLAMABAD: Service Long March Tyres Limited (SLM) was listed at the Pakistan Stock Exchange (PSX) on Monday, marking the 11th initial public offering (IPO) of the current fiscal year – the highest number in nearly two decades. Federal Minister for Finance…
The Pakistan Stock Exchange (PSX) extended its record-setting rally on Tuesday, with investors maintaining aggressive buying amid growing confidence in the country's economic outlook and easing geopolitical tensions in the region. Market participants appeared encouraged by Pakistan's diplomatic efforts in support of regional peace, while expectations of lower global energy costs further boosted sentiment. International…
Rehman urges government to use diplomatic channels to ensure return of Pakistani hostages held by somali pirates Interior Minister Mohsin Naqvi met Jamaat-e-Islami (JI) chief Hafiz Naeemur Rehman at the party’s headquarters in Mansoorah. SCREENGRAB Interior Minister Mohsin Naqvi met Jamaat-e-Islami (JI) chief Hafiz Naeemur Rehman at the party’s headquarters in Mansoorah on Tuesday, where…
ISLAMABAD: Chinese investors have reaffirmed their long-term commitment to Pakistan’s capital markets following the resolution of key regulatory matters by the Securities and Exchange Commission of Pakistan (SECP), paving the way for increased investment and deeper cooperation between the two countries, according to an official statement issued on Monday. A delegation of the Chinese consortium,…
Itamar Ben-Gvir reportedly calls off family visit after being asked to appear in person for biometric fingerprinting Israeli National Security Minister Itamar Ben Gvir reacts as flotilla activists are detained by Israeli forces in Ashdod Port. Photo: REUTERS Israel’s National Security Minister Itamar Ben-Gvir has canceled a planned family trip to the US amid difficulties…
Meeting discussed Pakistan’s macroeconomic outlook, fiscal, structural reform agenda, Budget 2026–27 priorities Finance Minister Muhammad Aurangzeb during a meeting with UK Parliamentary Under-Secretary of State for the Middle East, North Africa, Afghanistan and Pakistan (MENAP) Hamish Falconer and British High Commissioner Jane Marriott, along with senior officials from both sides at the Finance Division. PHOTO:…
KARACHI: Gold prices in Pakistan recorded a sharp increase on Monday, tracking gains in the international bullion market, with the price of the precious metal rising by Rs10,800 per tola to reach Rs455,136. According to rates issued by the All-Pakistan Gems and Jewellers Sarafa Association, the price of 10-gram gold surged by Rs9,720 to settle…
Flight intended to support a radar modernisation program, cause of crash is unknown, under investigation Smoke rises from Edwards Air Force Base after the crash of a US Air Force B-52 bomber aircraft in Edwards, California, U.S., June 15, 2026, in a still image from an ALERTCalifornia fire surveillance camera. PHOTO: REUTERS Eight crew members…
Solarisation of government buildings in Gilgit, Diamer divisions is expected to be completed by December 2026 The federal government would bear the cost of a 100-megawatt solar power project for Gilgit-Baltistan (G-B), Prime Minister Shehbaz Sharif said on Tuesday while chairing a review meeting in Islamabad on the initiative, according to a statement issued by…
Positive cues trigger rally as investors welcome budget reforms, easing US-Iran tensions KARACHI: Pakistan Stock Exchange (PSX) on Monday delivered a stellar performance as investors embraced the government’s reform-oriented budget measures and responded positively to reports of a preliminary peace agreement between the United States and Iran. The benchmark KSE-100 index opened on a strong…