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SBP reserves jump $730m on Eurobond

[ KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $730 million during the week ended April 24, 2026, supported primarily by Eurobond proceeds. According to data released on Thursday, the SBP’s reserves climbed to $15.83 billion, reflecting an improvement in the country’s external liquidity position after recent pressure … Read more

Sindh Rangers arrest ‘papa gang’ leader in Karachi

Suspect involved in 200–250 robberies, 40–50 motorcycles, 300–400 phones, Rs5–6m cash snatched KARACHI: Sindh Rangers, based on intelligence, arrested a gang leader involved in multiple robberies and street crime incidents in Karachi’s Shah Faisal Colony area on Friday, according to an official statement. The press release issued by Pakistan Rangers (Sindh) identified the suspect as … Read more

War can cost Pakistan $10b to $68b

[ ISLAMABAD: The Middle East conflict can cause $10 billion to $68 billion annual losses to Pakistan’s economy, and inflation could hit 17% in an extreme oil price volatility situation, said an economist in a briefing to the National Assembly Standing Committee on Finance on Thursday. The three different impact scenarios that Ali Salman, who … Read more

PSX sinks 2,830 points on oil, geopolitics

[ KARACHI: The Pakistan Stock Exchange (PSX) plunged on Thursday, with the benchmark KSE-100 index tumbling 2,830 points, as escalating Middle East tensions and a sharp spike in global oil prices triggered broad-based selling and dampened investor sentiment. At the close of trading, the KSE-100 index posted a sharp decline of 2,829.70 points, or 1.71%, … Read more

Billie Eilish tour set for big screen in 3D

photo screengrab youtube

Singer teams up with filmmaker James Cameron for ‘Hit Me Hard and Soft’ concert film LONDON: Pop star Billie Eilish has teamed up with filmmaker James Cameron to bring her ‘Hit Me Hard and Soft’ tour to cinemas, combining immersive performance footage with candid backstage moments. The film, titled ‘Billie Eilish – Hit Me Hard … Read more

CENTCOM chief briefs Trump on possible ‘final blow’ against Iran: Fox News

Targets reportedly include Iran’s ‘remaining military assets, leadership and infrastructure,’ according to Fox News The commander of US Central Command (CENTCOM) briefed US President Donald Trump on potential “final blow” strike options against Iran, Fox News reported on Thursday. Admiral Brad Cooper presented the possible options during a briefing with Trump in the Situation Room, … Read more

KSE-100 earnings rise 8.8% to Rs1.24tr in 9MFY26

[ KARACHI: Pakistan’s benchmark equity market, the KSE-100 index, delivered a steady earnings performance during the first nine months of FY26, with aggregate profitability rising 8.8% year-on-year (YoY) to Rs1.243 trillion. The growth comes despite mixed macroeconomic conditions and uneven sectoral performance, reflecting resilience in key industries and the impact of easing financial costs across … Read more