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PSX slides 4.5% as geopolitics rattle investors

[Pakistan's stock market came under renewed pressure during the outgoing week, as escalating geopolitical tensions between the US and Iran and a sharp surge in global oil prices triggered broad-based selling, pushing the benchmark KSE-100 index down by 4.5% week-on-week (WoW) to 162,994 points. On a day-on-day basis, the Pakistan Stock Exchange (PSX) commenced the … Read more

Credit flow weakness limits growth potential

[ LAHORE: Pakistan’s macroeconomic conditions are showing signs of stabilisation, supported by a moderate growth recovery and improved external buffers, though the outlook remains fragile amid inflationary pressures and global uncertainties. Within this environment, the more critical issue lies in the allocation of private-sector credit rather than its overall availability, says ICMA Research and Publications. … Read more

Ukraine strikes create climate disaster

. KYIV: Ukrainian drones struck Russia’s Black Sea port of Tuapse on Friday for the fourth time in 16 days as authorities struggled to cope with a mounting environmental disaster from toxic black smoke clouds and oil leaking into the sea. Ukraine’s SBU security service said drones had again struck the sea port and refinerythat … Read more

Two new polio cases reported in K-P

ISLAMABAD: The National Emergency Operations Centre (EOC) has confirmed two new polio cases in Khyber-Pakhtunkhwa (K-P), raising the total number of cases in Pakistan to three in 2026. The cases were reported from Bannu and North Waziristan districts. Officials reiterated that polio remains incurable but can be prevented through timely vaccination. The EOC stressed the … Read more

Punjab Film City set to reshape creative industry

production hub an illustrated picture of the punjab film city project shared by punjab government on social media photo x

Creative collaboration and legislative support align to push ambitious initiative forward PRODUCTION HUB: An illustrated picture of the Punjab Film City project shared by Punjab government on social media. Photo: X LAHORE: Punjab’s push to rebuild its long-neglected film and media landscape has taken a decisive turn, with the proposed Punjab Film City emerging as … Read more