PSX surges 1,563 points as Trump announces trade deal with Pakistan

[ The Pakistan Stock Exchange (PSX) surged on Thursday following the announcement of a trade agreement between Pakistan and the United States, which includes joint development of Pakistan’s oil reserves. The benchmark KSE-100 index gained 1,563.78 points, or 1.13%, during intra-day trading to reach 139,976.03, up from the previous close of 138,412.25. Read: Pakistan, US seal … Read more

China calls for more engagement with US

BEIJING: China’s Foreign Minister Wang Yi on Wednesday called for more engagement with the United States, and warned against confrontations between the two global powers, according to a statement from the Chinese foreign ministry. Wang made the comments during a meeting in Beijing with a delegation of US businesses that include executives from Goldman Sachs, … Read more

Hezbollah refuses to disarm

BEIRUT: Hezbollah leader Naim Qassem said on Wednesday that those demanding its disarmament were “serving” Israeli goals and accused US envoy Tom Barrack of “intimidating” Lebanon. In a televised address marking the first anniversary of the targeted killing by Israel of senior commander Fuad Shukr, Qassem said “anyone calling today for the surrender of weapons, … Read more

Folk festivals fire up Greece

anyone can lock arms and join in the dance tradition photo afp

IKARIA: It’s midnight in the Aegean Sea but on the Greek island of Ikaria, in the courtyard of the church of St Elijah, the revelry was barely getting started, reports AFP. Dozens of dancers and scores of onlookers, including many tourists, were attending the local “panigiri”, a folk celebration that is an integral part of … Read more

Rupee continues rally amid crackdown

Listen to article KARACHI: The Pakistani rupee continued to strengthen against the US dollar on Wednesday, appreciating by 0.04% in the inter-bank market. By the end of trading, the rupee closed at 282.95, marking a rise of 10 paisa from the previous day’s close at 283.05. The local currency has benefited from a government crackdown on illegal … Read more

ICCI urges Bangladeshi firms to invest in Pakistan

[ Listen to article ISLAMABAD: President, Islamabad Chamber of Commerce & Industry (ICCI), Nasir Mansoor Qureshi on Wednesday invited Bangladeshi entrepreneurs to explore trade and investment opportunities in Pakistan across key sectors, including textiles, IT, agriculture, renewable energy, food processing, infrastructure, pharmaceuticals, mining, and construction. He addressed the Dhaka Chamber of Commerce & Industry (DCCI) during a … Read more