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PSX sheds 1,486 points as ME war fears persist

[ PSX The KSE-100 index experienced seesaw movements during the outgoing week PHOTO:FILE KARACHI: Selling pressure continued at the Pakistan Stock Exchange (PSX) on Thursday as the benchmark KSE-100 Index dropped 1,486 points, or 0.86 percent, to 170,457.57 by midday. The market opened on a weak note after Wednesday’s 699-point decline and briefly touched an … Read more

China urges US to stop ‘false allegations’ over AI companies

Chinese Foreign Ministry spokesperson believes all parties need to ensure AI development is open China on Wednesday urged the US to stop its “false allegations” after Washington accused China-based AI companies of extracting proprietary capabilities from US AI models. “The development of AI in China comes from greater self-reliance and strength in science and technology, … Read more