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Halt to cargo supplies to paralyse factories

[ Trucks carrying aid line up near the Rafah border crossing between Egypt and the Gaza Strip, amid the ongoing conflict between Israel and Hamas, in Rafah, Egypt on July 28, 2025. — Reuters KARACHI: A nationwide strike by goods’ transporters has raised alarm over a potential hit to industrial activity as business leaders warn … Read more

PSX powers ahead with gains of 5,336 points

[ Oil price relief, external financing optimism fuel stock buying despite geopolitical fears KARACHI: Investor sentiment continued to shift during the outgoing week at the Pakistan Stock Exchange (PSX), with easing oil prices, geopolitical developments and improving external financing prospects set market direction, while profit-taking and global uncertainty kept gains in check. Despite that, the … Read more

Iranian commander says US, Israel failed to achieve goals against Iran: report

POLITICAL EXPRESSION: A man holds a flag with a picture of late leader of the Islamic Revolution Ayatollah Ruhollah Khomeini during a rally in Tehran on April 29, 2026. PHOTO: REUTERS/FILE Brig Gen Hassan Zadeh, commander of the Islamic Revolutionary Guard Corps’ Mohammad Rasulullah Corps in Tehran, said the US and Israel had “completely failed” … Read more

Pakistan depart for Hockey World Cup

Record four-time champions return to the global showpiece after missing 2023 edition Pakistan’s national hockey team on Sunday flew out of Lahore for the Netherlands to feature in the FIH World Cup slated to be held in the Netherlands and Belgium from August 15-30. Pakistan Hockey Federation (PHF) said it had already transferred Rs20 million … Read more

Rs10b sanctioned for textile, export sectors

[ ISLAMABAD: The Ministry of Commerce has sanctioned Rs10 billion for the textile and apparel industry and other export sectors under the Duty Drawback and Technology Upgradation Schemes, aimed at improving industrial liquidity and supporting export growth, the ministry said on Saturday. Federal Minister for Commerce Jam Kamal Khan announced the development on X, expressing … Read more

The $41.6b remittance divide

[ Foreign remittances to Pakistan have reduced by 6.9 per. PHOTO: REUTERS KARACHI: Sardar Liaquat Khan left his home nestled among the middle Himalayas near Banjosa Lake in Kashmir and his one-month-old bride to seek a better life. Three years later, he has not returned yet. His life is a quintessential story of the pain … Read more

Israel revokes permits for US activists

. JERUSALEM: Israel has revoked the entry permits of a group of American Jewish activists who participated in protests in the occupied West Bank against attacks by Israeli occupiers on Palestinians and their property, The Forward, a United States Jewish publication, reported Friday. Activist Sam Sherman told the newspaper that he received an email canceling … Read more

Hub water crisis threatens industries

[ KARACHI: Industries across Hub are grinding to a halt as an acute water crisis spirals out of control, even as the Hub Dam stands almost full, with leaders of the Hub Chamber of Commerce & Industry alleging that industries, farmers and residents are being systematically deprived of their due share of water. Former Hub … Read more

Trump’s never-ending troubles

Recent reporting by The New York Times has drawn attention to a political reality confronting President Donald Trump that extends far beyond the battlefield. While his administration has framed the war in Iran as a necessary exercise in national security, its consequences are increasingly being felt at home, where higher fuel prices, public unease and … Read more

US govt to invest $3b in minerals

. WASHINGTON: The United States government will invest $3 billion in critical minerals and battery projects as part of a push to increase domestic production and boost national security and industrial policy, President Donald Trump said on Friday. “We’re reclaiming America’s rightful place as the minerals superpower of the world,” Trump told more than 200 … Read more