PSX steady above 156k amid choppy trading

[ KARACHI: The Pakistan Stock Exchange (PSX) witnessed a rollercoaster ride on Wednesday as the benchmark KSE-100 index frequently fluctuated before ending the day largely unchanged. At the commencement of trading, the index surged to the intra-day high of 157,196.59 points, fuelled by investor interest in selective stocks. However, the enthusiasm died down as profit-taking … Read more

‘Lazawal Ishq’ announcement stirs controversy online

tribune

KARACHI: The announcement that Ayesha Omar is set to host Lazawaal Ishq – Pakistan’s first dating reality show – has already triggered sharp debate. The concept mirrors international formats like Love Island, bringing together four men and four women in a villa where they will date, take part in challenges, and form alliances while cameras … Read more

YouTube ramps up AI tools for video makers

NEW YORK: YouTube has boosted artificial intelligence tools for creators, saying it has paid out more than $100 billion to content-makers in the past four years. YouTube chief executive Neal Mohan touted AI as an “evolution” aimed at empowering creativity and storytelling at the video-sharing service founded in early 2005 by former PayPal employees Chad … Read more

Mounting debt requires bold steps

[ LAHORE: Pakistan’s mounting debt has once again set off alarm bells, with business leaders and industry representatives urging the government to take urgent measures before the burden becomes unmanageable. According to Lahore Chamber of Commerce and Industry’s senior executive committee member Ali Imran Asif, the country’s overall debt has surged to 83.6% of gross … Read more

Gold prices dip, take cue from global market

[ KARACHI: Gold prices in Pakistan fell on Wednesday, tracking losses in the international market, as investors booked profits after the precious metal scaled the $3,700-per-ounce mark in the previous session. Attention then turned to the US Federal Reserve’s policy verdict, which was expected later in the day. According to the All Pakistan Sarafa Gems … Read more

Karachi tunes up for festival fever

family music festival photo express

KARACHI: The Family Music Festival and Lifestyle Expo will be held in Karachi next month, featuring a mix of artists from multiple genres, ranging from mainstream pop and hip-hop to regional music traditions. The event will take place at the Expo Centre, Main University Road, Gulshan-e-Iqbal on October 4-5 and is set to run from … Read more

SOE reforms stall despite IMF deal

ISLAMABAD: As the first year of the $7 billion International Monetary Fund (IMF) programme comes to an end, the government has failed to bring state-owned enterprises (SOEs) under a new legal framework, breaching its commitments due to resistance from these public sector firms. The proceedings of a recently held preparatory meeting for the upcoming IMF … Read more

China-Gwadar-Africa corridor to become operational

[ ISLAMABAD: Pakistan and China have agreed to operationalise the China-Gwadar-Africa shipping corridor with five feeder routes and bonded warehouses for trade expansion under the five-year maritime action plan for 2025-2029. Sources told The Express Tribune that the two countries are set to finalise the action plan aimed at regional trade corridor development. Under this … Read more