Europe seeks clarity as Trump promises security guarantees for Ukraine

Ukraine and its European allies have been buoyed by Donald Trump’s promise of security guarantees for Kyiv to help end the war in Ukraine but face many unanswered questions, including how willing Russia will be to play ball. Ukrainian President Volodymyr Zelenskiy hailed Monday’s extraordinary summit at the White House with the US president as … Read more

USD exchange rate: Rupee holds steady

[ The Pakistani rupee remained largely stable against the dollar on Tuesday, while showing slight fluctuations against other major currencies. Major commodities such as oil are primarily traded in US dollars, while several economies, including Saudi Arabia, continue to peg their currencies to the greenback. According to the National Bank of Pakistan (NBP) rate sheet, … Read more

DG ISPR outlines on going rescue works in flood-hit zones

Inter-Services Public Relations (ISPR) Director General Lt General Ahmed Sharif Chaudhry, NDMA Chairman Lt Gen Inam Haider and Federal Minister for Information and Broadcasting Attaullah Tarar briefed the media on Tuesday regarding the ongoing relief operations amid heavy monsoon rains and flooding. DG ISPR said the Army, under the Chief of Army Staff’s direction, had … Read more

PSX at peak on Fitch bank outlook

[ KARACHI: The Pakistan Stock Exchange (PSX) soared to a new all-time high on Monday, propelled by Fitch’s positive outlook on Pakistan banks and Moody’s upgrade of the country’s rating to Caa1. Strong earnings, rupee stability and optimism about Pakistan-US trade and investment deals strengthened investor sentiment, driving the KSE-100 index up by 1,705 points … Read more