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[ Brokerage estimates transport index up 6.9%, food up 1.5% and SBP policy tightening KARACHI: Pakistan’s headline inflation is projected to rise to 12.2% year-on-year in May 2026 as mounting fuel and food prices outweigh relief from lower electricity charges, according to Optimus Capital Management. The brokerage expects the National Consumer Price Index (NCPI) to … Read more
BUNIA: Twenty-six more suspected Ebola deaths were recorded in 24 hours in eastern Democratic Republic of Congo, authorities said on Tuesday, and the head of the World Health Organization expressed deep concern about the outbreak’s spread. The new deaths brought to 131 the fatalities associated with the outbreak in eastern DRC. There have been 543 … Read more
[ ISLAMABAD: The Special Investment Facilitation Council (SIFC) has stepped in to revive almost two-decade-old Tuwairqi Steel Mills project, owned by a Saudi group, by approving the supply of gas – a critical input for steel production. An agreement for setting up the mill had been signed during the tenure of Pervez Musharraf’s government but … Read more
GENEVA/ TEL AVIV: The gap between funding pledges and disbursement for Donald Trump’s Gaza rebuilding plan must be closed urgently, the US president’s “Board of Peace” has said in a report, identifying a potential cash crunch in a plan estimated to cost $70 billion. Trump set up the Board of Peace to oversee his ambitious … Read more
[ KARACHI: Pakistan Stock Exchange (PSX) on Tuesday staged a modest rally as investors remained calm and engaged in healthy buying activity following recent losses. Positive sentiment prevailed after international oil prices fell nearly 2% in early Asian trade over US President Donald Trump’s statement that he had paused a planned attack on Iran to … Read more
Trump under intense political pressure at home to reach an accord that would reopen the Strait of Hormus A drone view shows the Malta-flagged tanker Agios Fanourios I, an oil tanker that sailed through the Strait of Hormuz, arriving in Iraq’s territorial waters off Basra, Iraq, April 17, 2026. PHOTO: REUTERS Two Chinese tankers laden … Read more
Outmatched militarily, Iran used “triangular coercion” by attacking Gulf states and closing the Strait of Hormuz. It points to a long-term U.S. vulnerability.
Apex Committee approves FC deployment Surveillance, checkpoints to be set up in Rakhshan Prime Minister Shehbaz Sharif chairs a meeting of the Provincial Apex Committee in Quetta. PHOTO: EXPRESS QUETTA: Prime Minister Shehbaz Sharif on Tuesday directed the immediate deployment of the Frontier Corps (FC) to Balochistan’s Rakhshan division to establish a dedicated “security corridor” … Read more
WASHINGTON: President Donald Trump said on Tuesday that the United States could launch fresh military strikes against Iran within days if negotiations fail, even as Washington and Tehran continued indirect efforts to reach a deal aimed at preventing a renewed escalation in the Middle East conflict.Speaking to reporters at the White House, Trump revealed he … Read more
. ISLAMABAD: The Pakistan Telecommunication Authority (PTA) on Tuesday warned that WhatsApp accounts linked to inactive or unregistered SIMs could become inaccessible if users did not update their details. In an advisory issued on X, PTA said users must ensure that their WhatsApp accounts were connected to an active and properly registered SIM, stressing that … Read more