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PSX surges over 1,400 points in early trading

KARACHI: The Pakistan Stock Exchange (PSX) witnessed strong buying interest on Thursday, with the benchmark KSE-100 Index climbing over 1,400 points in midday trading, reflecting positive investor sentiment amid ongoing market optimism. As of midday, the KSE-100 Index stood at 185,514.10 points, up 1,464 points or 0.8 percent from the previous close of 184,050.10. The … Read more

Oil falls for a third straight day after US, Iran conclude talks in Doha

[ Brent futures lost 1.1% to $70.78 a barrel; US West Texas ​Intermediate crude fell 1.2% to $67.74 a barrel Oil prices dropped about 1% on Thursday, down for a third consecutive day, after Qatar said Iran and the US ​had made progress in indirect talks focused on the Strait of Hormuz, ‌which handled one-fifth of global oil supply … Read more

More than 1,000 hectares burned as wildfires continue in southern France

Firefighters battle blazes near Marseille and on Herault-Aude border as strong winds hamper containment efforts Firefighters continued battling the blazes Thursday amid strong winds and dry conditions. PHOTO: ANADOLU AGENCY More than 1,000 hectares (2,471 acres) of land have burned in multiple wildfires across southern France as hundreds of firefighters continued battling the blazes Thursday … Read more

SECP unveils first ESG Mutual Funds Framework

[ It will encourage companies to improve environmental, social and governance practices ISLAMABAD: Pakistan has taken a major step towards sustainable finance as the Securities and Exchange Commission of Pakistan (SECP) has issued the country’s first ESG Mutual Funds Framework. The framework enables asset management companies to launch environmental, social and governance (ESG)-focused mutual funds, … Read more