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Assets under mutual funds triple in three years

[ Assets. Design: Mohsin Alam KARACHI: Pakistan’s mutual fund industry has recorded a sharp expansion over the past three years, with assets under management (AUM) tripling amid strong domestic inflows, capital market gains and a gradual shift from fixed-income products to equities. Data compiled from the Mutual Funds Association of Pakistan (MUFAP) shows that total … Read more

Europe boosts military presence in Greenland

A Royal Danish Air Force Lockheed C-130J Super Hercules is parked on the tarmac at Nuuk International Airport. Photo: AFP NUUK: A European military mission was taking shape in Greenland on Thursday, drawing a sharp rebuke from Russia, as Denmark said Washington still aimed to take control of the mineral-rich Arctic island. Greenland’s Prime Minister … Read more

PSX consolidation extends into 6th session

[ KARACHI: The Pakistan Stock Exchange (PSX) remained under pressure on Thursday as consolidation in equities stretched into a sixth consecutive session, with the benchmark KSE-100 index closing lower amid volatile trading and weak market breadth. The index settled slightly above 181,450, down about 1,110 points, after swinging sharply between the intra-day high of 183,718 … Read more

Dekho Film Fest puts young voices in spotlight

syed noor speaking at the opening ceremony of dekho film festival photo nni

Syed Noor speaking at the opening ceremony of Dekho Film Festival. Photo: NNI LAHORE: The two-day Dekho Film Festival opened at the Lahore Arts Council Alhamra on Wednesday, bringing together filmmakers, academics, students and cultural practitioners for a wide-ranging engagement with cinema, youth creativity and the evolving discourse around Pakistan’s film industry. Organised jointly by … Read more

Islamic states back Gaza admin body

. Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar and his Saudi counterpart, Foreign Minister Prince Faisal bin Farhan. Photo: X/ Reuters ISLAMABAD: The foreign ministers of Pakistan, Egypt, Jordan, the United Arab Emirates, Indonesia, Türkiye, Saudi Arabia, and Qatar welcomed the announcement of the formation of the National Committee for the Administration … Read more

AI risks ‘mass unemployment’ in London: mayor

. LONDON: London mayor Sadiq Khan on Thursday joined the chorus of warnings on the impact of artificial intelligence for jobs, saying that the UK capital risks “an era of mass unemployment”. The Labour mayor’s comments are to be included in a London speech late Thursday outlining the opportunities and risks posed by AI. With … Read more

SBP reserves inch up to $16b

[ Delay in loans will not adversely affect Pakistan’s external sector position in the short term due to $16 billion in gross foreign exchange reserves. PHOTO: FILE KARACHI: Pakistan’s total liquid foreign exchange reserves stood at $21.25 billion as of January 9, 2026, according to data released by the State Bank of Pakistan (SBP) on … Read more

Experts growing new skin for Swiss fire victims

. Experts growing new skin for Swiss fire victims. Photo: AFP ÉPALINGES, SWITZERLAND: The Cell Production Centre at Lausanne University Hospital is working flat out trying to grow new skin for badly-burned survivors of Switzerland’s New Year bar fire tragedy. The centre, with its skin production facility, is the only one of its size in … Read more