Gold crosses Rs551,500/tola on economic, geopolitical uncertainty

[ Jumps by Rs21,100; global bullion tops $5,300 on investor anxiety over Fed independence KARACHI: Gold prices in Pakistan surged to an all-time high on Wednesday, crossing Rs551,500 per tola, following a sharp rally in global bullion markets where gold topped $5,300 per ounce for the first time. The surge was driven by economic uncertainty, … Read more

Pakistan, Sri Lanka hold 13th JEC

[ COLOMBO: Pakistan and Sri Lanka agreed to expand cooperation in trade, agriculture, technology and maritime connectivity during the 13th session of the Joint Economic Commission held in Colombo on Wednesday. According to an official statement, the Sri Lankan delegation was led by Minister for Trade, Commerce, Food Security and Cooperative Development Wasantha Samarasinghe, while … Read more

Trump shifts global blocs, China rises

ISLAMABAD: British Prime Minister Keir Starmer landed in Beijing on Wednesday, marking the first visit by a British premier to China in eight years. The visit reflects a striking shift in diplomacy by the West at a time when the US-led alliance system is under strain following President Donald Trump’s return to the White House. … Read more

Zardari, UAE PM agree to boost trade and investment ties

President Asif Ali Zardari and UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum shake hands during their meeting at Dubai’s Zabeel Palace on Wednesday. Photo: X President Asif Ali Zardari explored avenues for enhanced multi-domain cooperation in a meeting with Dubai’s ruler on Wednesday during a four-day official visit to the … Read more

Super tax to drain businesses of billions

[ . Karachi Chamber of Commerce and Industry (KCCI) President Muhammad Rehan Hanif. KARACHI: Businessmen have expressed grave concern over the government’s move to aggressively collect super tax following the recent decision of the Federal Constitutional Court upholding its legality, warning that demanding massive tax payments in one go will severely disrupt business operations and … Read more

Israeli PM vows to disarm Hamas

. Benjamin Netanyahu said Killing Iran’s supreme leader could end the conflict . PHOTO: REUTERS MEITAR, ISRAEL: Israel on Wednesday laid to rest the last hostage from Hamas’s October 7, 2023 attack, as Prime Minister Benjamin Netanyahu warned at the funeral that the country’s enemies would pay a heavy price for any future aggression. Netanyahu’s … Read more

PSX slightly up in range-bound trading

[ KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday remained highly volatile, reflected in continuous fluctuations in the benchmark KSE-100 index, which ended the session slightly higher over investor caution in the absence of major positive cues. Oil companies were in the limelight as market players closely watched developments in the volatile Middle Eastern region. … Read more

Uncertain economic conditions plague fashion industry

uncertain economic conditions plague fashion industry

Following ‘Paris Men’s Fashion Week’, analysts lament several years of weak sales worldwide PARIS: After a 2025 marked by sweeping changes in some labels’ top positions, this season will be more stable, with many newly appointed designers bedding into their new jobs and looking to showcase their vision. In October, what industry experts dubbed the … Read more

Congresswoman attacked at Minneapolis event

A man is tackled after spraying an unknown substance at US Representative Ilhan Omar during a town hall she was hosting in Minneapolis, Minnesota. Photo: AFP MINNEAPOLIS: As the White House worked to “de-escalate” tensions in Minneapolis Tuesday, a man sprayed Minnesota Congresswoman Ilhan Omar with a syringe of unknown liquid at a town hall … Read more