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Record premium paid on oil imports

[ ISLAMABAD: Pakistan State Oil (PSO) has imported petroleum products at hefty premiums to meet the country’s needs, but this high cost will put an additional burden on oil consumers, who are already reeling from exorbitant fuel prices. Amid US-Israel and Iran war, which has choked the Strait of Hormuz – a critical waterway for … Read more

Gold prices in Pakistan Today

[ KARACHI: Gold and silver prices on Tuesday declined in both international and domestic markets, reflecting broader trends in the bullion trade. In the international bullion market, gold fell by $10 per ounce to settle at $4,778. In the local market, the price of gold per tola decreased by Rs1,000 to Rs500,162. Similarly, the price … Read more

Korea’s ‘Big 4’ labels join forces for K-pop festival to rival Coachella

photo vox

‘Fanomenon’ by HYBE, SM, JYP, YG Entertainment may launch in 2027 with aim to celebrate Korean artists K-pop may be getting its own version of Coachella, following news that Korea’s “Big 4” labels — HYBE, SM Entertainment, JYP Entertainment and YG Entertainment — are collaborating on a massive global K-pop festival called “Fanomenon”. The four companies … Read more

PSX extends gains over 2,400 points as oil slides on US-Iran talk optimism

Market touches an intraday high of 175,298.11, while the low is recorded at 173,405.57 KARACHI: Buying momentum returned to the Pakistan Stock Exchange (PSX) on Tuesday, as investor sentiment improved amid growing optimism over a potential second round of US-Iran talks aimed at resolving the ongoing conflict. Hopes that diplomacy may progress have weighed on … Read more

India, South Korea set $50b trade target

[ Modi, Lee agree to revamp 2010 trade pact, target doubling bilateral transactions SEOUL/ NEW DELHI: India and South Korea said on Monday that they would boost their economic ties by expanding cooperation in energy, critical minerals, shipbuilding, semiconductors and steel as they seek to double their trade to $50 billion by 2030. New Delhi … Read more

Israeli strikes kill five in Gaza, Hamas clashes with Israeli-backed militia

Palestinian men stand atop a heavily damaged building in Gaza City. Photo: AFP Israeli strikes killed at least five Palestinians in separate incidents in the Gaza Strip on Monday, Palestinian health officials said, and fighters from Hamas clashed with gunmen from an Israeli-backed militia, witnesses said. Medics said one man was killed in an Israeli … Read more