PSX jumps 1,855 points as easing oil prices lift sentiment
Buying sweeps banking, cement, energy and power stocks amid optimism over lower global crude prices…
PSX jumps 1,855 points as easing oil prices lift sentiment
Buying sweeps banking, cement, energy and power stocks amid optimism over lower global crude prices KARACHI: The Pakistan Stock Exchange (PSX) kicked off the trading week on a bullish note on Monday, with the benchmark KSE-100 index surging nearly 2,750 points shortly after the opening bell as investors cheered a sharp decline in global oil…
DC, DPO escape unhurt in ambush
Officials then set out for the government chromite factory in Muhammad Khel, also in tehsil Boya MIRANSHAH: Unidentified armed men opened fire on the convoy of North Waziristan’s Deputy Commissioner Taimur Khan Afridi and District Police Officer (DPO) Sajjad Hussain on Sunday, but both senior officers and their accompanying personnel escaped unhurt with no loss…
PML-N wins 13 of 20 AJK seats, secures simple majority: Sanaullah
He says elections were free, fair, credible, acceptable, in line with directions of PM Shehbaz Rana Sanaullah addressing a news conference alongside Minister for Kashmir Affairs Amir Muqam in Islamabad. Photo: APP Adviser to the Prime Minister Rana Sanaullah Khan has said that the Pakistan Muslim League-Nawaz (PML-N) has secured a simple majority in Azad…
Oil slumps on hopes of Iran deal, yen firms after intervention
The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices skidded and US and European stock futures rose on Monday as hopes of a peace deal in the Middle East grew, while the yen firmed to a three-month high after the US and Japan confirmed joint intervention to prop up the frail currency….
China draws ‘red lines’ around its economic model ahead of EU, US trade talks
Western countries frame China’s policies as mercantilist and opposing global trade rules China is also seeking to expand domestic semiconductor manufacturing capacity and reduce the industry’s reliance on advanced Nvidia chips that are subject to US export controls. PHOTO: REUTERS China is energetically defending its economic policy mix that favours advanced industries over consumption, adopting…
PML-N leads in second phase
Party ahead in five Muzaffarabad Division constituencies; PPP likely to secure three seats PEOPLE’S VOICE: A woman casts her ballot at a polling station during the second phase of elections for the AJK Legislative Assembly in Muzaffarabad. PHOTO: AFP MUZAFFARABAD: The PML-N was leading in five constituencies in Muzaffarabad Division, while the PPP had won…
Japan, US confirm joint yen-buying intervention, signal more action
A Japanese yen note is seen in this illustration. Photo: Reuters Japan and the United States conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan’s finance ministry said on Monday, confirming a rare bilateral action to halt the yen’s slide to fresh 40-year lows. The move underscored both countries’ resolve to…
Auqib Nabi replaces injured Jasprit Bumrah for SL Tests
India have named seamer Auqib Nabi as Jasprit Bumrah’s replacement for the upcoming Test series against Sri Lanka India have named seamer Auqib Nabi as Jasprit Bumrah’s replacement for the upcoming Test series against Sri Lanka, with the 29-year-old receiving his maiden call-up to the national side. The Board of Control for Cricket in India…
Greaves steadies West Indies in second Test against Pakistan
Justin Greaves struck an unbeaten half century as West Indies made a steady start to the second Test against Pakistan. Photo: AFP PORT OF SPAIN: Justin Greaves made an unbeaten 64 to steer West Indies to 239-5 at stumps on a rain-shortened opening day of the second and final Test against Pakistan in Trinidad on…
Flood threat grows as monsoon intensifies
ISLAMABAD: The National Disaster Management Authority (NDMA) on Sunday warned that water levels in Pakistan’s major rivers are expected to rise significantly between Aug 2 and 4, prompting flood alerts across several regions. The authority urged the public to avoid unnecessary travel to flood-prone areas as heavy monsoon rains continue to intensify. According to the…
