Oil extends gains to near six-week highs on new Middle East supply risks
The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil…
Oil extends gains to near six-week highs on new Middle East supply risks
The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices extended gains to trade near six-week highs on Wednesday as fears of further supply disruptions intensified after US forces struck Iranian military targets for the 11th straight night, while oil tankers made U-turns in the Red Sea after warnings by…
Pakistan seeks US support for better access to global capital markets
FinMin tells US Treasury Sec the country has moved from macroeconomic stabilisation to sustainable, export-led growth Finance Minister Muhammad Aurangzeb meets US Treasury Secretary Scott Bessent in Washignton DC. PHOTO: X Pakistan on Tuesday sought greater US support for improved access to international capital markets, stronger foreign exchange reserves and better sovereign credit ratings as Finance…
Maritime minister woos Chinese firms
ISLAMABAD: Pakistan has invited Chinese investors to expand investment in its ports, logistics and maritime sectors, with the government committing to transform the country into a regional transit trade, logistics and industrial hub, according to a statement on Tuesday. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry made the pitch at the Regional Transit…
Under soaring pressure, India’s education minister promises reforms and debate
Supporters of India’s Cockroach Janta Party shout slogans at a protest site, a day after thousands of protesters marched toward parliament demanding the resignation of Education Minister Dharmendra Pradhan over examination paper leaks, at Jantar Mantar in New Delhi, India, July 21, 2026. PHOTO: REUTERS India’s education minister said that Prime Minister Narendra Modi’s administration was committed to addressing the…
Govt raises POL prices as pump strike looms
ISLAMABAD: The government on Tuesday increased the prices of petroleum products by up to Rs7.15 per litre for Wednesday (today), while the All Pakistan Petrol Pumps Owners Association (APPPOA) announced a nationwide strike after negotiations with the government over a proposed daily fuel pricing mechanism failed. Under a revised pricing mechanism notified by the Oil…
First PSX listing of new fiscal year approved
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has approved the issuance, circulation and publication of prospectus for the initial public offering of Tasdeeq Information Services Limited, marking the first IPO clearance for fiscal year 2026-27. The approval comes after the regulator’s new management, which assumed office in February 2026, accelerated the processing of…
Dar Reaches Manila to Attend 33rd ASEAN Regional Forum Ministerial Meeting
Programme includes participation in ARF Plenary Meeting, bilateral meetings with counterparts on sidelines Foreign Minister Ishaq Dar Reaches Manila to Attend 33rd ASEAN Regional Forum Ministerial Meeting. PHOTO: FO Deputy Prime Minister and Foreign Minister Ishaq Dar arrived in Manila, Philippines, on Wednesday to participate in the 33rd ASEAN Regional Forum (ARF) ministerial meeting, according…
Will ask PM to make me AJK premier: Nawaz
ON THE CAMPAIGN TRAIL: PML-N President Nawaz Sharif addresses a rally in Muzaffarabad. PHOTO: X/PMLNORG Pakistan Muslim League-Nawaz (PML-N) president and former prime minister Nawaz Sharif on Tuesday pledged to revive development projects in Azad Jammu and Kashmir (AJK), saying that if his party won the upcoming elections, he would ask Prime Minister Shehbaz Sharif…
Pakistani elected IAF vice president
LAHORE: Former Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) chairman Ijaz A Khokhar has been elected vice president of the International Apparel Federation (IAF), becoming the first Pakistani to hold the position. The announcement was made during the IAF General Assembly, where members unanimously approved his nomination, according to PRGMEA. The development comes as…
Govt mulls fresh austerity measures
Among the proposals under consideration is a reduction in the number of weekly working days EASING PAYMENT OBLIGATIONS: Sources said Pakistan was working on multiple options to extend the longevity of its short-term external debt and also stagger the upcoming payments of energy debt being obtained by Chinese firms to set up power plants under…
