[ KARACHI: The Pakistan Stock Exchange (PSX) closed marginally lower on Friday as profit-taking in the latter half of the session erased early gains amid concerns over mounting losses of state-owned enterprises (SOEs), the International Monetary Fund’s (IMF) next review for loan tranche and the falling global crude oil prices. The KSE-100 index, after touching … Read more

[ KARACHI: The Sensitive Price Indicator (SPI) for the week ended August 13, 2025 recorded a year-on-year (YoY) jump of 2.21% and a week-on-week (WoW) rise of 0.31%, reflecting inflationary pressure in essential commodities. The SPI, which tracks prices of 51 key items across 50 markets in 17 cities, serves as a short-term gauge of … Read more

ISLAMABAD: Pakistan Academy of Letters (PAL) Chairperson Dr Najeeba Arif has said that the youth were fully capable of carrying forward the light of literature. In an interview with APP on Friday, she said the two-day second “Nasl-e-No Adabi Mela 2025,” hosted by PAL, was “not merely an event but a platform of expression, dialogue, … Read more

BEIRUT: Hezbollah raised the spectre of civil war with a warning on Friday there would be “no life” in Lebanon if the government sought to confront or eliminate the Iran-backed group. The government wants to control arms in line with a US-backed plan following Israel’s military campaign against Hezbollah, which was founded four decades ago … Read more

[ ISLAMABAD: The government on Friday slashed the price of high-speed diesel (HSD) by Rs12.84 per litre while it kept the petrol rate unchanged for the next fortnight. According to a finance ministry statement, new petroleum product prices will be effective from August 15, 2025. It said that the price changes were determined after reviewing … Read more

LONDON: Ruben Amorim has backed Benjamin Sesko to torment Premier League defenders saying Manchester United’s new striker is ready to face Arsenal in their top-flight opener on Sunday. Sesko joined United from RB Leipzig in a deal worth up to £73.7 million ($99 million) last Saturday. Armed with the predatory instincts and physical stature, the … Read more

[ ISLAMABAD: Commerce Minister Jam Kamal on Friday said Pakistan had, for the first time, developed trade agreements and institutional frameworks with the United Kingdom, Vietnam, Cambodia and South Korea, while upcoming visits to the European Union, Geneva and Brussels were planned to advance talks on the GSP Plus scheme and other trade matters. Responding … Read more

Brie Larson, Lily Collins, Jack Quaid and Henry Golding will headline ‘Close Personal Friends’, a fresh comedy from Amazon MGM Studios set to begin filming in London this September. Directed by Jason Orley, best known for ‘Big Time Adolescence’ and frequent collaborations with Pete Davidson, the project promises a mix of celebrity satire and awkward … Read more