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PSX stays range bound before futures rollover

KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) inched up 168 points to close at 162,103 on Friday, supported by renewed optimism about the recovering large-scale manufacturing (LSM) sector and company-specific triggers that lifted select blue chips. On a day-on-day basis, the PSX commenced the week with a profit-taking session as the index, … Read more

AI-powered economic competitiveness urged

[ Sardar Tahir Mehmood, President of the Islamabad Chamber of Commerce & Industry (ICCI). Photo: file ISLAMABAD: Artificial intelligence is no longer merely a technological milestone but a strategic national priority that will determine Pakistan’s economic competitiveness, digital sovereignty, and social progress in the coming decades. This was stated by Sardar Tahir Mehmood, President of … Read more

Progress on major JVs with Russia likely

[ Delegation from Moscow due next week to explore cooperation in energy, mining, pharma sectors ISLAMABAD: Pakistan and Russia are poised to make headway on multibillion-dollar projects for offshore drilling, mineral mining, insulin production and Pakistan Steel Mills (PSM) revival during the upcoming dialogue. The Pakistan-Russia Inter-Governmental Commission is scheduled to meet on November 27 … Read more

Minister keen to diversify trade with Netherlands

[ Both sides to begin new round of discussions; GSP monitoring mission to arrive soon ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan, while welcoming the new Netherlands ambassador, has stated that there is immense room for diversification of bilateral trade. “There is huge potential to enhance exports of agricultural and food products from Pakistan. … Read more

Kahlo’s ‘Bed of Dreams’ breaks $55m record

bed of dreams photo file

Surreal self-portrait sells for unprecedented price, cementing her place among the most celebrated women artists Bed of Dreams. Photo: file A surreal self-portrait by iconic Mexican painter Frida Kahlo has sold for $54.7 million, smashing the auction record for any work by a female artist. The 1940 painting, El sueno (La cama) — or ‘The Dream … Read more

US records second human bird flu death of year

. AFP November 23, 2025 Less than a minute read A person holds a test tube labelled “Bird Flu”, in this picture illustration, January 14, 2023. REUTERS/Dado Ruvic/Illustration/File Photo WASHINGTON: A resident of Washington state has died after contracting a rare strain of bird flu previously only reported in animals, state health officials said — … Read more

Western leaders rally behind Kyiv

European leaders. Photo: Courtersy — DW JOHANNESBURG/KYIV: European and other Western leaders said on Saturday a US peace plan was a basis for talks to end Russia’s war in Ukraine but needed “additional work”, part of Western efforts to eke out a better deal for Kyiv before a Thursday deadline. Meeting on the sidelines of … Read more

Swiss housing market faces correction risk

[ A logo of watchmaker Rolex adorns a building on Grendel Street during a rainy day at Schwanenplatz in Lucerne, Switzerland (via: Reuters) GENEVA: Switzerland’s financial market regulator warned on Saturday of growing risks in the housing market, saying banks were stretching mortgage lending criteria as property prices continue to climb. “The risk in the … Read more