Stocks dip 1,356 points amid political noise

[ KARACHI: The Pakistan Stock Exchange (PSX) witnessed a sharp reversal on Thursday as early gains were wiped out by intensive selling, triggered by renewed political uncertainty. The benchmark KSE-100 index, which had climbed to the intra-day high of 151,250 points, tumbled later, hitting the low of 148,273. It closed the day at 149,235, down … Read more

ADB to provide $410m package for Reko Diq mine

[ ISLAMABAD: The Asian Development Bank (ADB) will provide a $410 million financing package to help develop the Reko Diq copper mine, one of the world’s largest untapped deposits, which will be operated by Barrick Gold, two sources said on Thursday. Pakistan hopes the project will serve as a springboard to draw more foreign interest … Read more

Consumers may get Rs1.69/unit cut in July power bills

ISLAMABAD: Electricity consumers are likely to get a relief of Rs1.6911 per unit on account of fuel charges adjustment (FCA) for July 2025, subject to approval by the National Electric Power Regulatory Authority (NEPRA). NEPRA has scheduled a public hearing on August 28, 2025, to review the Central Power Purchasing Agency Guarantee Limited’s (CPPA-G) request … Read more

Indie games blaze a trail beyond blockbusters

gamers wait at the reanimal video game of the tarsier studios during the gamescom in cologne photo afp

PARIS/COLOGNE: Developer Jonathan Jacques-Belletete has taken a gamble on forthcoming game Hell is Us, hoping to ape the budget success of indie hit Clair Obscur: Expedition 33 to tangle with industry heavyweights. “I’d had it up to here” with work on big-spending productions whose price tag can run into the hundreds of millions, the veteran … Read more

‘New realignments won’t dent Sino-Pak partnership’

ISLAMABAD: China and Pakistan on Thursday delivered a collective message that the current geostrategic developments and realignments are not going to have any negative fallout on their “iron-clad and all-weather strategic partnership.” The development came during the visit of Chinese Foreign Minister Wang Yi, who led his country at the Pakistan-China Strategic Dialogue and held … Read more