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[ KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday faced persistent selling pressure as the benchmark KSE-100 index closed sharply lower amid heightened geopolitical uncertainty and cautious investor sentiment. In the morning, the market saw significant stock selling, setting a jittery tone. Intra-day volatility remained elevated, with the index briefly recovering 119 points (+0.07%) around … Read more
A vessel at the Strait of Hormuz, off the coast of Oman’s Musandam province. PHOTO: REUTERS At least 34 tankers with links to Iran have bypassed the US blockade since it began, including several carrying Iranian oil, Financial Times reported on Wednesday. Washington began enforcing the blockade on April 13, targeting all ships entering or … Read more
. LONDON/ NEW DELHI: The U.S. military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday. Washington has imposed a blockade on Iran’s trade by sea while Iran has fired on ships to … Read more
[ Energy costs, currency pressures drive price stickiness as food inflation remains vulnerable KARACHI: Inflation is expected to remain in double digits in April 2026 as underlying cost pressures continue to dominate the economic outlook. Despite some easing in food supply conditions, overall price dynamics remain elevated, driven by persistent energy costs, currency-related pressures and … Read more
The B’nei Menashe believe they are the children of Manasseh, a king of Judah exiled about 2,800 years ago. Evidence is thin, but Israel is welcoming them ‘home.’
The world’s third-largest exporter of natural gas, Australia has been too lenient in taxing lucrative gas exports, many in the country argue.
. LIMA: Peru’s defense minister and foreign minister resigned from their posts on Wednesday, amid growing speculation over the status of a multi-billion-dollar purchase of F-16 aircraft from the United States. Interim President Jose Balcazar, who leaves office in July, sought to clarify that he had not opposed the deal, but rather postponed any payments … Read more
Dozens enter compound under police protection as restrictions tighten in East Jerusalem Palestinians gather near the Dome of the Rock on the fourth Friday of the holy month of Ramadan on Al-Aqsa compound, also known to Jews as Temple Mount, in Jerusalem’s Old City, April 14, 2023. REUTERS Dozens of Israeli settlers stormed the Al-Aqsa … Read more
Iran war has used up 45% of Precision Strike Missiles, around half THAAD interceptors, nearly 50% of Patriot missiles The US military has “significantly depleted” its stockpile of key missiles during the war in Iran and could face shortages in a future conflict, CNN reported on Tuesday. Over seven weeks of war, the US military … Read more
A new musical version of the 1980s tear-jerker comes to Broadway, but the production is too muddled to make an emotional impact.