[ KARACHI: The Pakistan Stock Exchange (PSX) carried its bullish streak into August 2025, with the benchmark KSE-100 index touching a record high of 150,591 points before closing at 148,618, up 9,227 points month-on-month (MoM). The rally was fuelled by strong institutional inflows, upbeat corporate results, and improving macroeconomic indicators, as Moody’s upgraded Pakistan’s sovereign … Read more

BEIJING: On the eve of a visit to China, Russian leader Vladimir Putin blasted Western sanctions as his country’s economy teetered on the brink of recession, wounded by trade curbs and the cost of his war in Ukraine. Russia and China jointly opposed “discriminatory” sanctions in global trade, Putin said in a written interview with … Read more

The Call of Duty franchise may finally be making its way to the big screen. Reports suggest Paramount is in negotiations with Microsoft to secure the film rights to one of the best-selling video game series of all time. While no directors, writers or actors are currently attached, insiders say the studio views the project … Read more

[ ISLAMABAD: The Securities and Exchange Commission of Pakistan’s (SECP) Policy Board decision to approve a massive salary and perks revision worth Rs226 million was not unanimous, with at least one member objecting to the unequal increases, sources confirmed. During the November 2024 meeting, which approved a backdated revision effective July 1, 2023, private sector … Read more

JAKARTA: Indonesian President Prabowo Subianto on Saturday cancelled a planned trip to China as days of protests spread further outside the capital Jakarta, with several regional parliament buildings set ablaze. Prabowo had been due to attend a “Victory Day” parade in China on September 3 to mark the 80th anniversary of the end of World … Read more

[ CAIRO: Egypt has signed four agreements with international firms worth more than $340 million to explore oil and gas in the Mediterranean and Nile Delta, the Petroleum Ministry said on Saturday. The deals, signed by the state-owned Egyptian Natural Gas Holding Company (EGAS), provide for the drilling of 10 wells as part of the … Read more

COPENHAGEN: The European Union will examine how to use frozen Russian assets to fund Ukraine’s defence and reconstruction after the war but confiscating them now is not politically realistic, EU foreign policy chief Kaja Kallas said on Saturday. Some 210 billion euros ($245.85 billion) of Russian assets are frozen in the bloc under sanctions imposed … Read more

[ ISLAMABAD: Pakistan’s banana harvest has surged to an unprecedented level, more than doubling in 15 years to reach a record 317,000 tonnes in 2024-25, according to the Pakistan Bureau of Statistics (PBS). Official data available with Wealth Pakistan shows that banana output stood at just 139,000 tonnes in 2010-11, but steady growth – especially … Read more