Gold up as international market hits two-week high
Jumps Rs4,600/tola amid global rally on soft dollar, ME tensions; rupee edges up to 277.91/$…
Gold up as international market hits two-week high
Jumps Rs4,600/tola amid global rally on soft dollar, ME tensions; rupee edges up to 277.91/$ Gold prices in Pakistan increased on Wednesday, tracking gains in the international market, where bullion rose to its highest level in two weeks due to a softer US dollar, technical buying and lingering Middle East tensions. In the local market,…
No fertiliser shortage in Pakistan, says minister
Federal, Punjab govts to coordinate closely on price stability, adequate availability KARACHI: Federal Minister for National Food Security and Research Rana Tanveer Hussain has rejected reports of a fertiliser shortage, saying sufficient stocks of urea are available across the country, according to an official statement on Wednesday. Chairing a meeting with Punjab Agriculture Minister Syed…
High flood levels in River Chenab amid rainfall
ISLAMABAD: The Pakistan Meteorological Department (PMD) on Wednesday issued a high flood advisory for River Chenab, warning that high flood levels are expected to persist over the next six to eight hours before gradually receding as rainfall over the major catchments continues to decrease. A strong monsoon incursion interacting with an approaching westerly wave is…
Exports to China soar over 50%
BEIJING/ISLAMABAD: Pakistan’s exports to China reached $1.874 billion in the first half of 2026, reflecting a substantial 50.7% surge compared with exports of $1.244 billion recorded in the same period of 2025, according to the General Administration of Customs of China (GACC). Monthly performance demonstrated a consistent growth momentum throughout the period, with March 2026…
PSW launches mobile app for traders
. KARACHI: Pakistan Single Window (PSW) has launched its mobile application on Wednesday to improve digital access to cross-border trade services. Through the app, importers, exporterscustoms clearing agents and other trade stakeholders will be able to securely and conveniently access key trade services on their mobile phones. The mobile app is part of PSW’s existing…
Regional situation sparks fresh sell-off at PSX
KARACHI: Geopolitical tensions and rising international oil prices triggered a fresh sell-off at the Pakistan Stock Exchange (PSX) on Wednesday, with investors turning cautious and trimming positions amid uncertainty about the US-Iran conflict. The benchmark KSE-100 index failed to hold early gains and closed at 174,429.93, down 1,703.64 points, or 0.97%. The market opened with…
Farmers raise alarm over wheat crisis
MKL says govt was warned months ago, prices may rise to Rs6,000/maund making bread unaffordable PLANNING FAILURE: “We sold our wheat because we had no choice. Now the same wheat is becoming expensive in the market while farmers have already absorbed the losses. Better planning could have protected both growers and consumers,” said Muhammad Riaz,…
Pakistan, Egypt reject Israeli settlers violence
. Israeli settlers raised Israeli flags inside the Al Aqsa Mosque on April 21, 2026. PHOTO: West Bank Notifications X JERUSALEM: DPM/FM Ishaq Dar and Egypt’s Minister of Foreign Affairs, Immigration and Egyptian Expatriates, Dr. Badr Abdelatty exchanged views on the situation in Palestine, reiterating their rejection of violence against civilians and illegal settlement activities…
Rubio, Wang discuss cooperation ahead of Xi US visit
. US Secretary of State Marco Rubio listens during a press conference on the sidelines of the Association of Southeast Asian Nations (ASEAN) Foreign Ministers’ Meeting in Pasay, Philippines on July 22, 2026. PHOTO: REUTERS MANILA: US Secretary of State Marco Rubio and Chinese counterpart Wang Yi discussed on Wednesday a visit to the US…
Pakistan vows force against Houthi maritime threats
FO condemns militia’s actions against Saudi Arabia Trump threatens Iranian infrastructure Houthis block Red Foreign Office spokesperson Tahir Hussain Andrabi speaking at the FO weekly press briefing. SCREENGRAB ISLAMABAD: Pakistan on Wednesday strongly condemned continued threats by Houthi militia against commercial shipping in Red Sea and the Kingdom of Saudi Arabia, warning…
