PSX soars to record high above 152,200

[ KARACHI: The Pakistan Stock Exchange (PSX) closed at an all-time high on Wednesday as sustained buying, fuelled by improving economic indicators and market confidence, pushed the benchmark KSE-100 index sharply higher. The index soared 1,226.39 points, or 0.81%, to settle at 152,201.88 by the end of the session. Momentum remained robust throughout the day, … Read more

21,000 children disabled in Gaza war: UN

GENEVA: At least 21,000 children in Gaza have been disabled since the war between Israel and Hamas began on October 7, 2023, a United Nations committee said Wednesday. Around 40,500 children have suffered “new war-related injuries” in the nearly two years since the war erupted, with more than half of them left disabled, said the … Read more

Rubio vows to ramp up cartel strikes

MEXICO CITY: Secretary of State Marco Rubio vowed Wednesday the United States would ramp up strikes on cartels after blowing up an alleged drug boat off Venezuela, but assured Mexico of respect to its sovereignty. In the highest-level meeting between the two neighbors since Donald Trump returned to the White House, Rubio met for an … Read more

Karachi port deepens for bigger ships

[ KARACHI: Karachi Gateway Terminal Limited (KGTL), a joint venture of AD Ports Group and Kaheel Terminals, a UAE-based company, has launched an ambitious dredging programme at the East Wharf of the Port of Karachi. The initiative will deepen berths and navigation channels at KGTL, enabling the terminal to accommodate post-panamax vessels with a capacity … Read more

Global rally pushes gold to record Rs376,700

[ KARACHI: Gold prices in Pakistan surged to yet another record on Wednesday, mirroring the yellow metal’s rally in the international market, where softer US jobs data bolstered expectations of a Federal Reserve interest rate cut later this month. Heightened global uncertainties also kept safe-haven demand strong, further fueling the uptrend. According to the All … Read more

Chloe Malle to succeed Anna Wintour at Vogue

chloe malle photo file

NEW YORK: American Vogue has named Chloe Malle as its new head of editorial content, taking over from Anna Wintour, who is stepping down after nearly four decades, the magazine said on Tuesday. Chloe, 39-year-old daughter of actress Candice Bergen and filmmaker Louis Malle, has spent more than a decade at Vogue, most recently as … Read more