KSE-100 falls 533 points amid profit-taking, global market uncertainty
Rebound in oil prices following attacks on shipping in the Strait of Hormuz added to…
KSE-100 falls 533 points amid profit-taking, global market uncertainty
Rebound in oil prices following attacks on shipping in the Strait of Hormuz added to market uncertainty KARACHI: The Pakistan Stock Exchange (PSX) experienced a volatile session on Tuesday, with the benchmark KSE-100 index swinging between gains and losses before slipping into negative territory by midday as investors resorted to profit-taking amid mixed regional cues….
Amorim evokes spirit of Baresi as he bids revive AC Milan fortunes
LONDON: New AC Milan coach Ruben Amorim vowed on Tuesday to honour the legacy of club legend Franco Baresi, who died last week, as he sets about reviving the fortunes of the ailing Italian giants. Portuguese Amorim has returned to coaching after being sacked in January by Manchester United and faces a Milan derby against…
Shaheen returns as Kandy Royals reinforce squad for LPL playoffs
The pacer will rejoin the franchise for the remainder of the Lanka Premier League Shaheen Afridi’s Test selection in doubt. Photo: PCB Pakistan fast bowler Shaheen Shah Afridi will rejoin the Kandy Royals for the remainder of the Lanka Premier League (LPL) after the franchise secured a place in the 2026 playoffs, tournament organisers said…
Iran eyes expanded trade with Pakistan through Karachi, Gwadar ports
Iranian minister says Pakistan-Iran Free Trade Agreement progressing well, will be concluded in near future Iranian Minister of Industry, Mine and Trade Mohammad Atabak co-chairing along with Minister for Commerce Jam Kamal Khan the 10th session of Pakistan-Iran Joint Trade Committee in Islamabad. PHOTO: RADIO PAKISTAN Iran on Tuesday expressed interest in expanding trade and…
Shale profits surge as war on Iran lifts crude to $126
BENGALURU: US shale producers are expected to report their strongest quarterly profits since 2022 after the Iran war sent crude prices soaring, with analysts expecting much of the windfall to be returned to shareholders rather than spent on expanding production. ConocoPhillips, Occidental Petroleum, EOG Resources, Diamondback Energy and Devon Energy are among the producers expected…
Morocco, Algeria advance to WAFCON quarters
JOHANNESBURG: Hosts Morocco topped Group A at the Women’s Africa Cup of Nations (WAFCON) despite failing to score from a twice-taken penalty in a 0-0 draw with Senegal on Monday. Morocco advanced to the quarter-finals by finishing with seven points after beating Kenya convincingly and Algeria narrowly in earlier mini-league matches in Rabat. Goals from…
Osaka out to improve Toronto fortunes
Naomi Osaka of Japan in action during her quarter-final match against Elisabetta Cocciaretto of Italy at the Washington DC Open tennis tournament. Photo: AFP TORONTO: Naomi Osaka is hoping her success last year in Montreal, where she finished runner-up to Victoria Mboko, will translate as the WTA’s 1000 event in Canada shifts to Toronto. The four-time…
Dar expresses grief over Broad Peak avalanche, vows continued rescue efforts
DPM pays tribute to mountaineers, pledges coordination with embassies of China, Nepal, Oman, UK, US Deputy Prime Minister and Foreign Minister Ishaq Dar. SCREENGRAB Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday expressed grief over the deaths of 10 mountaineers, including renowned Nepalese climber Nirmal Purja, in an avalanche on Gilgit-Baltistan’s Broad Peak,…
Stocks surge 2,100 points on oil price dip
Easing Gulf situation drives optimism; investors focus on banking, cement, fertiliser sectors KARACHI: Renewed investor optimism lifted the Pakistan Stock Exchange (PSX) on Monday as the benchmark KSE-100 index surged more than 2,100 points, driven by a robust buying momentum across major sectors following a sharp decline in international oil prices. The KSE-100 settled at…
PCB ropes in Michael Smith as batting coach
The 46-year-old will work with the team across both red-ball and white-ball formats Former South African cricketer Michael Smith has been appointed batting coach of the Pakistan men’s team. Photo: AFP Former South African cricketer Michael Smith has been hired by the Pakistan Cricket Board (PCB) as batting coach of the men’s team, the Board…
