Amnesty urges probe into Israeli strike on Tehran prison

PARIS: Amnesty International on Tuesday called for a war crimes investigation into Israel’s deadly air attack on Tehran’s Evin prison during last month’s 12-day war. The strike, confirmed by Israel, killed 79 people, according to a provisional tally by Iranian authorities. It also destroyed part of the administrative building in Evin, a large, heavily fortified … Read more

PSX at peak as traders win support

[ Listen to article KARACHI: The Pakistan Stock Exchange (PSX) soared to a new all-time high on Tuesday, driven by investor confidence following a high-level meeting between business leaders and Army Chief Asim Munir, where assurances of institutional support for economic progress were given. The government’s success in securing a majority in Senate elections, optimism surrounding the … Read more

Italian festival drops Putin-aligned conductor

gergiev is recognised as one of the world s leading conductors photo file

Italy’s Royal Palace of Caserta announced on Monday that it was cancelling a weekend concert of pro-Kremlin maestro Valery Gergiev – a vocal supporter of Russian President Vladimir Putin – after an uproar from politicians and Kremlin critics, reports AFP. Gergiev has not condemned Moscow’s invasion of Ukraine, a stance for which he was fired … Read more

RDA inflows rise to $10.56b; rupee stable

Listen to article KARACHI: Foreign investors repatriated profits worth $2.22 billion in FY25, mirroring the amount recorded in FY24. The power sector led all categories with outflows totalling $399 million, marking a 1.6-time increase from the previous fiscal year, according to data compiled by AKD Securities. The financial sector followed with repatriation of $385 million, though it … Read more

Energy projects encounter financing hurdle

[ Listen to article ISLAMABAD: China is reluctant to extend financing to Pakistan for energy projects due to concerns over the country’s economic record, security situation and repayment issues. Sources told The Express Tribune that Pakistani energy companies were seeking financing from China for various energy ventures. However, Sinosure – a state-owned Chinese company that provides insurance … Read more

Trump accuses Obama of ‘treason’

WASHINGTON: Donald Trump on Tuesday accused his predecessor Barack Obama of “treason” and called for his prosecution over a report alleging that officials in the Democrat’s administration had manipulated information on Russia’s interference in the 2016 election. Director of National Intelligence (DNI) Tulsi Gabbard has sent criminal referrals to the Justice Department related to a … Read more

Tariffs aren’t answer to imbalances: IMF

[ Listen to article WASHINGTON: Global current account balances widened sharply in 2024, reversing a narrowing under way since the global financial crisis of 2008-2009, the International Monetary Fund (IMF) said on Tuesday, warning that tariffs were not the answer. In its annual External Sector Report, which assesses imbalances in the 30 largest economies, the IMF noted … Read more