PSX climbs over 2,500 points on broad-based buying

Improved global risk appetite, optimism over China’s planned loan refinancing lift investor confidence A stock broker reacts while monitoring the market on the electronic board displaying share prices during trading session at the Pakistan Stock Exchange, in Karachi on July 3, 2023. Photo: Reuters/ File KARACHI: The Pakistan Stock Exchange (PSX) witnessed strong buying across…

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Civil, military leadership reaffirm support for Kashmiris in IIOJK, call for UN-backed resolution

President, PM say peace can only be achieved through ‘a peaceful settlement of dispute’ The country’s civil and military leadership on Wednesday reiterated its support for the people of Indian Illegally Occupied Jammu and Kashmir (IIOJK) on Youm-e-Istehsal, saying India’s actions on August 5, 2019, to revoke the region’s special autonomy had not altered its…

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LPG air-mix project causes loss of billions

ISLAMABAD: A public gas utility suffered losses of billions of rupees after the liquefied petroleum gas (LPG) air-mix plant project was abandoned despite purchase of relevant equipment and goods. The previous government of Pakistan Muslim League-Nawaz (PML-N) in 2016 and 2018 decided to set up LPG air-mix plants in far-flung areas by providing a subsidy…

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Warrican cherishes home six-for after carrying West Indies’ bowling attack

Spinner says six-wicket haul was his most rewarding after shouldering heavy workload against Pakistan Jomel Warrican leads the team off after picking up 6 for 112. Photo: AFP West Indies left-arm spinner Jomel Warrican described his six-wicket haul against Pakistan in the second Test as the most rewarding performance of his career after carrying the hosts’ bowling…

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Govt unveils plan for 90% clean electricity

Energy Minister Awais Leghari speaking in a video message. SCREENGRAB ISLAMABAD: Federal Minister for Power Awais Leghari on Tuesday unveiled an ambitious roadmap to increase clean electricity’s share in Pakistan’s power mix to 90 per cent by 2035. He also revealed that limitations under the country’s IMF programme prevent the government from introducing a market-based…

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Pakistan, US make ‘significant’ progress on reciprocal trade framework

Virtual meeting between FinMin, US trade representative notes proposed framework advanced ‘significantly’ Finance Minister Muhammad Aurangzeb speaks during a Reuters interview in Islamabad, Pakistan, June 15, 2026. PHOTO: REUTERS Pakistan and the United States made “significant” progress in negotiations on a reciprocal trade framework and are aiming to agree “at the earliest”, Pakistan’s Finance Ministry…

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Pakistan, US reaffirm ‘joint resolve’ against terrorism at fourth counterterrorism dialogue

Fourth round of bilateral counterterrorism talks discusses threat environment, explores ways to enhance collaboration US Coordinator for Counterterrorism Ambassador Gregory LoGerfo and Pakistan’s Special Secretary at the Ministry of Foreign Affairs, Ambassador Nabeel Munir lead the fourth round of the US-Pakistan Counterterrorism Dialogue held in Washington. PHOTO: X Pakistan and the United States reaffirmed their…

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