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PSX dips 1,464 points on oil jitters

[ KARACHI: Pakistan Stock Exchange (PSX) extended losses for the second straight session on Tuesday as the benchmark KSE-100 index dipped 1,464 points, or 0.81%, in the backdrop of a sharp rise in oil prices and fading hopes of a US-Iran deal on reopening the Strait of Hormuz. Selling pressure dragged the index below the … Read more

Houthis kill 6 in attack on vessel

. SANAA: Yemeni authorities said six people were killed by Iran-backed Houthi rebels attacking a vessel in the Bab el-Mandeb strait, while US forces fired on a ship they said was trying to break a blockade of Iran’s ports. Yemen’s coast guard said the dead included four crew members and two members of the government-allied … Read more

Air Force One under shadow of Iran threat

US president secretly switched planes in Turkey amid security concerns, official says WASHINGTON: President Donald Trump secretly slipped out of Turkey last month on an alternate military plane, which he boarded while hidden inside a catering truck, as part of an elaborate ruse prompted by an Iranian threat, according to a US official. The clandestine … Read more

Extremists waging a futile conflict: Bugti

QUETTA: Balochistan Chief Minister Mir Sarfaraz Ahmed Bugti announced on Tuesday criticised a small extremist element attempting to push the Baloch people into a futile conflict through violence. He stressed that destroying infrastructure, bridges, and commercial transport directly harms the livelihood and progress of the local Baloch community. He said that the Balochistan government will … Read more

1 in 4 children in Punjab stunted

LAHORE: Punjab has recorded a decline in the prevalence of stunting among children from 36 per cent in 2018 to 27%, while wasting has dropped from 15% to 10%. However, the fact that more than one in four children still remain stunted keeps infant feeding and maternal nutrition high on the provincial health agenda. The … Read more

Parking plaza row lands in court

The months-long dispute between the Rawalpindi Development Authority (RDA) and the contractor of the city’s only parking plaza reached the Lahore High Court (LHC) on Tuesday, which suspended an Additional Sessions Judge’s decision ordering the return of possession of the parking plaza to the contractor. Following criticism over the handling of the parking plaza issue, … Read more