PSX slips into red as investors book profits

KARACHI: The Pakistan Stock Exchange (PSX) traded on a volatile note on Tuesday, surrendering early gains as investors resorted to profit-taking amid a cautious regional mood, with weakness across major Asian markets adding to subdued sentiment. The benchmark KSE-100 Index initially climbed as much as 375 points to an intraday high of 187,829.72 during early…

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Govt plans one-window airport screening

Meeting also decided to establish joint counters and introduce a unified checking system at a single point ISLAMABAD: The government has decided to install modern machinery at airports to improve the checking process and facilitate passengers through a one-window operation. This decision was made in a special meeting chaired by Federal Interior Minister Mohsin Naqvi…

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Pakistan backs Libya’s sovereignty, urges Libyan-led peace process at UNSC

‘A Libyan-led and Libyan-owned political process is the only viable path to lasting peace and stability’ Pakistan’s Permanent Representative to the UN, Ambassador Asim Iftikhar Ahmad speaking at the United Nations Security Council briefing on the UN Support Mission in Libya. PHOTO: X Pakistan on Thursday reaffirmed its support for Libya’s sovereignty and a Libyan-led…

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South Africa repatriations top 25,000

. JOHANNESBURG: South Africa’s security forces said Monday that more than 25,000 people have been repatriated in recent weeks ahead of planned anti-immigrant protests, with many others still awaiting departure. The outflows come as thousands seek to leave over safety fears after citizen-led groups issued an unofficial ultimatum for undocumented foreigners to exit the country…

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Khawaja Asif’s video comparing Pakistan, India is AI-generated, Information Ministry says

Doctored video falsely shows defence minister making remarks on Balochistan, K-P, urging people to question govt Defence Minister Khawaja Asif speaking in the National Assembly on Friday, June 28, 2024. PHOTO: PID The Ministry of Information and Broadcasting on Monday said a video showing Defence Minister Khawaja Asif comparing Pakistan’s progress with India’s and making…

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Spain explores trade, investment avenues

Spanish Ambassador Carlos Aragon Gil de la Serna visited the Rawalpindi Chamber of Commerce & Industry (RCCI) RAWALPINDI: Spanish Ambassador Carlos Aragon Gil de la Serna visited the Rawalpindi Chamber of Commerce & Industry (RCCI), where he held a meeting with RCCI President Usman Shaukat to discuss opportunities for strengthening bilateral trade, investment, economic cooperation…

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Hesson eyes Test team rebuild

Pakistan interim Test coach Mike Hesson said the team’s sweeping mid-series changes were far from ideal but believes a crop of fresh faces can bring variety as they seek to avoid a series whitewash against England in the third and final Test. Pakistan have brought seven players into their squad for the match at Edgbaston,…

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'Courts can't bypass law in pursuit of justice'

The Federal Constitutional Court (FCC) has ruled that the power to do complete justice under Article 187 of the Constitution must be exercised within the framework of the Constitution and the law and cannot be used to defeat legislative intent or override mandatory statutory requirements. A three-member bench headed by FCC Chief Justice Amin-ud-Din Khan…

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Milan and Juventus end blips with home wins

Bremer celebrates after scoring for Juventus against Atalanta. Photo: AFP FLORENCE: AC Milan and Juventus ended short Serie A slides on Sunday, as Fiorentina held Napoli and high-flying Como suffered a shock defeat to Frosinone. Milan beat Lecce 3-0 at the San Siro to rise to fifth, two points behind early pace-setters Roma, Inter and…

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