PSX continues to lose ground, sheds 1,264 points
KARACHI: The Pakistan Stock Exchange (PSX) extended its recent losses in morning trade on Friday,…
PSX continues to lose ground, sheds 1,264 points
KARACHI: The Pakistan Stock Exchange (PSX) extended its recent losses in morning trade on Friday, with the benchmark KSE-100 Index falling 1,264.14 points, or 0.74 percent, to 170,475.30 by the time the market was suspended for Friday prayers. The index opened on a weaker note and briefly touched an intra-day high of 171,208.55 before sliding…
China braces for heavy rain as tropical storm Noul edges closer
Landfall expected between Guangdong, Fujian, with rail and ferry services set to halt People use umbrellas in the rain by West Lake after a rainstorm warning was issued for the area in Hangzhou, Zhejiang province, China, July 21, 2026. PHOTO: REUTERS China on Friday warned of heavy rain and severe flood risks as the third tropical cyclone this month tracked closer to the…
Dar, Chinese FM discuss bilateral ties on SCO summit sidelines
Wang Yi wishes Pakistan well ahead of 2027 SCO summit hosting, council chairmanship Foreign Minister Ishaq Dar with Chinese Foreign Minister Wang Yi on the sidelines of the SCO Council of Foreign Ministers Meeting in Cholpon-Ata, Kyrgyz Republic, July 24, 2026. PHOTO: MoFA/X Deputy Prime Minister and Foreign Minister Ishaq Dar on Friday met with…
Pakistan gets first industrial AI hub
Centre will integrate manufacturing tech, applied research to improve product quality ISLAMABAD: A Memorandum of Understanding has been signed to establish Pakistan’s first-ever Center for Industrial Innovation and AI (CIINAI) at the National University of Technology (NUTECH), Islamabad, according to a statement on Thursday. The MoU was signed between the Pakistan Industrial Development Corporation (PIDC),…
PM promotes Gen Aamer Raza to four-star rank, appoints him Commander National Strategic Command
Premier congratulates him on his promotion, appointment, wishes him success in his new role Prime Minister Shehbaz Sharif on Friday promoted Lieutenant General Aamer Raza, the Pakistan Army’s Chief of General Staff, to the rank of four-star general and appointed him as Commander National Strategic Command (CNSC). PHOTO: PMO Prime Minister Muhammad Shehbaz Sharif has…
SC rules FCC has exclusive jurisdiction over NAB cases
ISLAMABAD: Supreme Court (SC) on Friday ruled that it no longer has jurisdiction to hear cases under the National Accountability Bureau (NAB) law, holding that the Federal Constitutional Court (FCC) must hear all criminal appeals and pending petitions under amendments introduced earlier this year. The ruling is expected to affect pending proceedings involving Pakistan Tehreek-e-Insaf…
Brent hovers above $100/bbl, set for weekly rise on Middle East escalation
The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Brent oil prices hovered above $100 per barrel on Friday while heading for their fourth week of gains, driven by concerns about disrupted energy flows in the Red Sea and fears of further escalation in the US-Israeli war on Iran. Brent…
Spain declares national emergency over wildfires in Madrid region
Spain’s Interior Minister Fernando Grande-Marlaska declared a national emergency on Friday in the Community of Madrid and Avila province due to the worsening situation caused by several forest fires. The declaration covers wildfires burning in the municipalities of Villa del Prado and San Martín de Valdeiglesias in Madrid, as well as Burgohondo in Avila, part…
Pakistan, seven Arab states condemn Israel’s ‘flagrant violation’ at Al-Aqsa in joint statement
Says Israel has no sovereignty over occupied Jerusalem or its Islamic and Christian holy sites Pakistan and seven Arab-Islamic countries on Friday condemned what they called Israel’s “flagrant violation” of the historical and legal status quo at Al-Aqsa Mosque/Al-Haram Al-Sharif, denouncing continued settler incursions led by extremist Israeli ministers under military protection and warning that…
‘Despite US financing, reforms must continue’
KARACHI: Pakistan’s push to convert some of its diplomatic goodwill with the Trump administration into economic support has drawn scepticism from economists, who say fresh financing will do little to address the reforms Islamabad is required to pursue. During a visit by Finance Minister Muhammad Aurangzeb to Washington this week, he requested a $10 billion…
