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PSX rebounds on investor trust

[ KARACHI: Following heavy selling a day ago, the Pakistan Stock Exchange (PSX) staged a strong rebound on Tuesday and surged 1,900 points, with improved investor sentiment helping the market regain its footing. Trading began on a firm note and stayed in the positive territory, signalling renewed confidence among participants. The recovery was driven by … Read more

Israel faces backlash over apartheid law

Smoke rises above the city skyline in Riyadh, amid the US-Israeli conflict with Iran. Photo: Reuters A new Israeli law that would allow the execution of Palestinians convicted on terror charges for deadly attacks, but not Jewish extremists accused of similar crimes, would constitute a war crime if enacted, according to one of the UN’s … Read more

Govt mulls Rs31b spending on wheat stocks

[ ECC approves food ministry’s proposal of building strategic reserves amid regional situation ISLAMABAD: Pakistan’s economic managers have underscored the need for maintaining strategic reserves of wheat with an expenditure of Rs31 billion to ward off the threat posed by the Middle East conflict to the country’s food security. In addition to building the wheat … Read more