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Profit-taking hits PSX after strong opening

[ Listen to article KARACHI: The Pakistan Stock Exchange (PSX) once again succumbed to profit-taking on Thursday as the benchmark KSE-100 index lost early gains to close down by more than 550 points amid caution over futures rollover. The index surged to intra-day high of 139,868 shortly after the opening bell, reflecting investor interest across key sectors. … Read more

China urges acceleration of agri-reforms under CPEC

[ Listen to article LAHORE: China, Pakistan’s neighbour and longstanding economic partner, is pushing for an agricultural revolution in Pakistan, particularly in Punjab, under the China-Pakistan Economic Corridor (CPEC). However, despite structured plans and repeated diplomatic backing, implementation remains slow due to bureaucratic hurdles in Pakistan’s agriculture sector. While Beijing is eager to help modernise Pakistan’s farming … Read more

K-P rejects operations, Taliban distinction

Listen to article PESHAWAR: The Khyber-Pakhtunkhwa government has strongly opposed any military operation within the province, categorically rejecting the distinction between “good” and “bad” Taliban and denouncing the use of “drone strikes’ on its territory. The provincial government’s announcement came as K-P Chief Minister Ali Amin Gandapur addressed a media briefing after hosting an in-camera All Parties … Read more

Govt targets offshore drilling with new partners

[ Listen to article ISLAMABAD: Pakistan has decided to again try its luck in offshore drilling by forging new partnerships with countries like Turkiye and Russia. Earlier, domestic companies including Oil and Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL) struggled to find hydrocarbon reserves in an offshore zone in Arabian Sea in association with … Read more

Iran defends enrichment right

TEHRAN: Iran on Thursday reaffirmed its right to enrich uranium, saying it was “unshakable”, on the eve of key talks with European powers threatening to reimpose nuclear sanctions. Friday’s meeting, set to take place in Istanbul, will be the first since Israel’s mid-June attack targeting key nuclear and military sites in the Islamic republic sparked … Read more

Forex reserves fall $69 million

[ Listen to article KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) declined by $69 million during the week ended July 18, 2025, which took the central bank’s reserves to $14.46 billion. The SBP attributed the decrease to scheduled external debt repayments. Despite the dip, the country’s total liquid foreign reserves remained … Read more