PSX ends lower for third straight session
KARACHI: The Pakistan Stock Exchange (PSX) closed lower for the third consecutive session on Thursday…
PSX ends lower for third straight session
KARACHI: The Pakistan Stock Exchange (PSX) closed lower for the third consecutive session on Thursday as the benchmark KSE-100 index plunged nearly 2,700 points to settle below 171,740. Arif Habib Limited (AHL) noted that the KSE-100 closed lower for the third straight trading session, shedding 2,690.48 points, or 1.54%, to settle at 171,739.45. Only nine…
SBP names 10 primary dealers for FY27
KARACHI: The State Bank of Pakistan (SBP) has appointed 10 financial institutions as Primary Dealers (PDs) and two as Special Purpose Primary Dealers (SPDs) for fiscal year 2026-27, as banks continue to finance the government’s borrowing through the domestic debt market. United Bank (UBL), National Bank (NBP) and Bank Alfalah emerged as the top three…
Southampton host Ashes for first time in 2027
Ashes rivalry returns as England and Australia prepare for 2027 showdown. Photo: AFP/FILE LONDON: Southampton’s Utilita Bowl will host a men’s Ashes test for the first time next year with the men’s and women’s series against Australia again running concurrently, the England and Wales Cricket Board (ECB) announced on Thursday. Trent Bridge will host the…
Viral road rage video leads to arrest
. KARACHI: A viral video showing a motorist allegedly damaging a food delivery rider’s motorcycle with a hockey stick in DHA has led to police action, with police detaining the accused along with his vehicle. The incident took place on Thursday morning in DHA Phase VI, where a food delivery rider’s bike was allegedly hit…
Commonwealth Games ‘where champions are made’
Commonwealth Games return as Glasgow welcomes athletes from across the world. Photo: AFP/FILE LONDON: The president of Commonwealth Sport, Dr. Donald Rukare, told AFP the Commonwealth Games remains a stage “where champions are made” as Glasgow prepares to host a slimmed down version of the event. The Games were plunged into crisis when the Australian…
three suspects killed in ‘encounter’
KARACHI: Three suspects arrested in the high-profile murder case of Dr Akash were killed during an alleged police encounter near Northern Bypass on Thursday, while the case took a new turn after a judicial magistrate questioned the circumstances surrounding their deaths, asking how suspects in police custody could be killed. According to police, the Special…
Internet services partially restored in parts of AJK after 48 day suspension
Prolonged internet suspension disrupted communication, online banking, business activity and public services Internet services were partially restored in parts of Azad Jammu and Kashmir AJK on Thursday after remaining suspended for 48 days following restrictions imposed in the wake of the banned Joint Awami Action Committee’s (JAAC) long march and sit-in call in Rawalakot on…
Govt hikes petrol by Rs4.40, HSD by Rs3.62 per litre for July 24
Latest increase takes petrol to Rs331.52 per litre and HSD to Rs378.66 under the new system A petrol pump in the federal capital seen in this undated image. —FILEPHOTO The federal government on Thursday increased the prices of petrol and high-speed diesel (HSD) by Rs4.40 and Rs3.62 per litre, respectively, for July 24. According to…
PSL faces payment delay
KARACHI: The likelihood of an important meeting regarding the Pakistan Super League (PSL) on July 29 has increased. Franchises are currently awaiting their share from the central pool, while the board is expecting pending payments from a major stakeholder. Officials and franchise owners will discuss these matters in the meeting. According to details, the 11th…
White House monitors OpenAI’s ‘rogue’ AI incident, lawmakers propose ‘kill switch’
US lawmakers propose mandatory independent security audits for powerful AI models under new bipartisan legislation Incoming Democratic Caucus Vice Chair Ted Lieu (D-CA) reacts during a press conference on Capitol Hill in Washington, US, December 13, 2022. REUTERS US President Donald Trump’s top technology adviser is monitoring the situation after OpenAI disclosed that one of…
