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Stocks end lower for fifth straight day

[ KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) on Friday extended its losing streak, declining over 900 points to settle near 165,600 as selling pressure persisted throughout the week. The market witnessed a bearish run in every session in the outgoing week, resulting in a 3.2% week-on-week loss. Despite the downturn, … Read more

China says ready to work with all parties on energy security after Xi-Trump summit

Immediate priority remains restoring peace, stability in Gulf, broader Middle East, says foreign ministry spokesperson Guo also declined to provide details on any possible new understanding regarding rare-earth exports, saying China had already released relevant information about the summit. PHOTO: CHINESE FM X China on Friday said it is willing to work with all countries … Read more

Trump ‘losing patience’ with Iran amid talks deadlock

Signals acceptance of 20-year halt to enrichment, Araghchi says Pakistan’s mediation process facing difficulties Vessels are seen in the Strait of Hormuz off Musandam, Oman. Photo: REUTERS DUBAI/ ABOARD AIR FORCE ONE: United States President Donald Trump said on Friday that indicated that he could accept a 20-year halt to Iran’s nuclear activity while dismissing … Read more

Hussain Rehar’s Cannes appearance marks a new era for Pakistani fashion

photo hussainrehar instagram

Rehar to debut on the Cannes red carpet’s 79th edition with his collection, Lahore – A Knot in South Asia’s Loom A historic moment for Pakistan unfolded at this year’s Cannes Film Festival as Pakistani fashion designer Hussain Rehar highlighted the event by becoming the first Pakistani designer to debut on the Cannes red carpet’s … Read more

PM hails B2B cooperation with China

Prime Minister Shehbaz Sharif speaks with members of a Chinese delegation in Islamabad. PHOTO: APP ISLAMABAD: Prime Minister Shehbaz Sharif on Friday appreciated IBI Group’s decision to establish its Pakistan Digital Economy Headquarters and expressed satisfaction at the expanding business-to-business (B2B) cooperation between Pakistan and China. He was talking to a high-level 11-member Chinese business … Read more

BRICS talks end without joint statement, exposing divisions over Iran war

India issues chair’s statement noting differing views among members on West Asia conflict Uganda’s Foreign Minister Odongo Jeje Abubakha, Indonesia’s Foreign Minister Sugiono, Iran’s Foreign Minister Abbas Araqchi, South Africa’s Foreign Minister Ronald Lamola, Russia’s Foreign Minister Sergei Lavrov, India’s Foreign Minister Subrahmanyam Jaishankar, Brazil’s Foreign Minister Mauro Vieira, Egypt’s Foreign Minister Badr Abdelatty, Ethiopia’s … Read more