Govt announces daily petroleum pricing to enhance transparency, cites regional volatility
Ogra will publish Platts benchmark rates and price components under the new daily pricing mechanism…
Govt announces daily petroleum pricing to enhance transparency, cites regional volatility
Ogra will publish Platts benchmark rates and price components under the new daily pricing mechanism PAKISTAN: The federal government on Friday announced that petroleum product prices would now be determined on a daily basis following the renewed escalation in the region after the recent exchange of strikes between the United States and Iran. Speaking at…
Argentina await FIFA decision over displaying Falklands banner
Argentina displays Falklands banner after win over England. Photo: AFP MIAMI: Football’s global governing body FIFA will assess match reports before deciding if they take any action over Argentina’s players holding up a banner reading “Las Malvinas son Argentinas” (The Falklands are Argentine) following their 2-1 victory over England. A British minister had Thursday called for…
France, England prepare for gloomy send-off
France forward Kylian Mbappe is the joint-leading scorer at the 2026 World Cup. Photo: AFP MIAMI: France and England will bid a gloomy farewell to the World Cup on Saturday when they face each other in the dreaded third-place play-off in Miami. Both teams head to Florida still raw from semi-final defeats that have left…
Pakistan cargo crash families push for international help to find black boxes
Finding the black boxes requires a costly underwater search likely to need foreign assistance Yashib Rizwan, 33, holds a mobile phone showing a picture of his father Captain Muhammad Rizwan Idris, 62, the late pilot of the K2 Airways Boeing 737 cargo aircraft that crashed in the Arabian Sea, during an interview with Reuters at…
PSX up 2,838 points on renewed risk appetite
KARACHI: Pakistan Stock Exchange (PSX) on Thursday surged almost 2,840 points as renewed risk appetite drove investor interest in making fresh bets. Building on the previous session’s rebound, the investors aggressively bought blue-chip stocks amid media reports suggesting a possible resumption of dialogue between the US and Iran, which helped ease geopolitical concerns. On the…
Rubio expected to discuss Trump-Xi summit in Asia meetings
US and China have not confirmed a top diplomat meeting at the forum, though it is widely expected US Secretary of State Marco Rubio speaks with members of the media before departing for Bahrain International Airport after his visit to the Middle East to discuss the interim deal between the US and Iran with Arab…
PM directs faster implementation of ease-of-doing-business reforms
Officials say 71 policy measures already implemented, work on a further 272 measures progressing rapidly Prime Minister Shehbaz Sharif chairs a review meeting on implementation of the Easy Business Act 2025. PHOTO: PMO Prime Minister Shehbaz Sharif on Friday directed authorities to accelerate the implementation of measures aimed at improving the ease of doing business,…
$3b Saudi rollover ‘all good’: FinMin
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 CPEC. PHOTO:FILE ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Thursday that it was “all good”…
PSX falls 2,320 points as geopolitical jitters weigh
KSE-100 closes at 175,802 points amid US-Iran tensions, which trigger risk aversion KARACHI: The KSE-100 index closed at 175,802 points on Friday, down 2,320 points, as investors adopted a risk-averse stance amid escalating United States-Iran geopolitical tensions and ahead of the upcoming corporate earnings season. The benchmark index closed at 175,802 points, down 2,320 points…
Monsoon death toll rises to 38 as house collapses remain leading cause: NDMA
Authority says 38 have died and 120 were injured since June 26 as monsoon rains battered Pakistan Heavy rains have caused flooding on the Zhob-Dera National Highway, resulting in the road being closed PHOTO: EXPRESS At least 38 people have been killed and 120 injured since the onset of the monsoon season on June 26,…
