PSX rebounds, gains over 1,700 points
KARACHI: After two days of downtrend, the Pakistan Stock Exchange (PSX) witnessed strong bullish momentum…
PSX rebounds, gains over 1,700 points
KARACHI: After two days of downtrend, the Pakistan Stock Exchange (PSX) witnessed strong bullish momentum in early trading on Friday, with the benchmark KSE-100 Index climbing over 1,700 points before the market was suspended for Friday prayers. According to the latest available data, the KSE-100 Index stood at 182,989.51 points, reflecting a gain of 1,729.84…
Court clears path for prisoners’ release
ISLAMABAD: A special court in Islamabad has determined the sentences applicable under Pakistani law for 56 Pakistani prisoners repatriated from Sri Lanka, a move that could lead to the release of a majority of them once the administrative process is completed. Judge Special Court (Control of Narcotic Substances) Raja Jawad Abbas Hassan calculated the sentence…
IT sector exports could reach $15b in five to ten years, seminar told
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) President Faheemur Rehman Saigol has stressed the need to increase exports and promote import substitution simultaneously to reduce the trade deficit and strengthen the economy, according to a statement on Thursday. Speaking at a seminar on “Export Opportunities for Pakistan” organised by the LCCI, Saigol said Pakistan…
Death toll from Venezuela twin earthquakes rises to 3,889
More than 16,700 injured, thousands still displaced since powerful June 24 quakes, top official says People search for casualties amid the rubble of collapsed buildings, in the aftermath of earthquakes in La Guaira, Venezuela. Photo: REUTERS The death toll from Venezuela’s twin earthquakes has risen to 3,889, with 16,740 people injured and thousands still displaced,…
Pakistan, Bangladesh agree to enhance cooperation against cybercrime, online fraud
Interior Minister Mohsin Naqvi met his Bangladeshi counterpart, Salahuddin Ahmed, with both sides agreeing to increase cooperation in areas of mutual interest, the interior ministry said on Friday. According to the post on X, the meeting discussed training and exchange programmes for police officers. The two ministers also agreed to enhance cooperation to prevent cybercrime…
Envoy, FinMin explore capital market avenues
Discussions also focused on strengthening engagement with international investors ISLAMABAD: Pakistan’s High Commissioner to the UK Tipu Usman called on Finance Minister Muhammad Aurangzeb to explore avenues for further strengthening Pakistan-UK economic and financial cooperation. The meeting reviewed opportunities to expand cooperation in trade, investment, banking, remittances, capital markets and financial services. Discussions also focused…
Iran says it hits US military targets in Gulf, buries slain leader Khamenei
Washington still committed to finding resolution with Iran, ‘technical talks continue’, according to US official Mourners gather by Imam Reza shrine, on the day of of the burial of Iran’s late Supreme Leader Ayatollah Ali Khamenei, who was killed on February 28 in Israeli and US airstrikes, in a culmination of a mass funeral, in Mashhad,…
Pakistan seeks end to wartime sexual violence
Covering 21 situations of concern, the report documented 9,788 cases verified by the United Nations in 2025 UNITED NATIONS: Seventeen years after the UN recognized conflict-related sexual violence as a threat to international peace and security, Pakistan has called for the “full, faithful and non-selective” implementation of the Security Council resolutions, including on women, peace…
Oil heads for weekly gain as Middle East supply risks persist
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Photo: Reuters Oil prices rose on Friday and were set for weekly gains because of renewed fears of supply disruptions from the key Middle East producing region after renewed fighting between the US and Iran this week curtailed shipping…
14 killed in suicide attack on PPP leader’s residence
QUETTA: At least 14 people, including five police personnel, were killed in a coordinated suicide and armed assault on the residence of PPP leader and prominent tribal figure Mir Shafiqur Rehman Mengal in Khuzdar on Wednesday, it was reported on Thursday. According to police and security officials, five attackers were also killed during a prolonged…
