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PSX sinks over 1,200 points amid profit-taking, IMF concerns

[ The Pakistan Stock Exchange (PSX) closed sharply lower on Monday as heavy profit-taking dragged the KSE-100 index down by 1,237.67 points, or 0.73%, to settle at 167,752.40. The sell-off came amid investor caution following reports that the International Monetary Fund (IMF) raised concerns over discrepancies in trade data reported by Pakistan Single Window (PSW) … Read more

French government quits hours after appointment, political crisis deepens

France’s new Prime Minister, Sebastien Lecornu and his government resigned on Monday, hours after Lecornu announced his cabinet line-up, making it the shortest-lived in modern French history, driving stocks and the euro sharply lower. The swift resignation was unexpected and marked another major deepening of France’s political crisis. It came after allies and foes alike … Read more

Pakistan finalizes revamped squad for South Africa Test series

KARACHI: The Pakistan Cricket Board has finalized a revamped 16-member squad for the upcoming two-match Test series against South Africa, part of the ICC World Test Championship 2025–27 cycle, beginning on October 12 in Lahore. Earlier, the Pakistan Cricket Board (PCB) had announced an 18-member squad for the series, but left-arm spinner Faisal Akram and … Read more