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[ KARACHI: Gold prices in Pakistan fell sharply on Friday, with the rate of one tola declining Rs5,600 to Rs456,736, despite a rebound in international bullion markets, as investors assessed stronger US inflation data and expectations of a Federal Reserve rate hike. According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association, the … Read more
Ben Shelton of the U.S. celebrates winning his quarter-final match against Spain’s Carlos Alcaraz. Photo: REUTERS NEW YORK: Big-serving Ben Shelton overpowered US compatriot Frances Tiafoe in four sets on Friday to reach the first Grand Slam final of his career, booking a US Open title showdown with Alexander Zverev. Eighth-seeded Shelton blasted 20 aces … Read more
Four-time world champion Max Verstappen has signed a new contract at Red Bull until the end of 2030. Photo: AFP MADRID: Max Verstappen did not mince his words on Friday after finishing sixth in second practice, four-tenths adrift of pace-setting championship leader Kimi Antonelli, at the Spanish Grand Prix. Asked how he liked his first … Read more
[ KARACHI: Pakistan Stock Exchange (PSX) recovered on Friday as late-session easing of crude oil prices lifted sentiment, allowing the benchmark KSE-100 index to close nearly 1,650 points higher. Arif Habib Limited (AHL), in its report, observed that Pakistan’s equity market recovered as the KSE-100 rose 0.98%, or 1,646.82 points, to close at 170,511.86. The … Read more
[ Minister thanked Lee for Hong Kong’s hospitality, reiterated commitment to historic relationship with China HONG KONG: Federal Minister for Commerce Jam Kamal Khan has urged Hong Kong to explore the resumption of Cathay Pacific flights to Pakistan, saying improved air connectivity could support business, tourism and commercial exchanges. During a meeting with Hong Kong … Read more
. ROME: Italy’s Emma Bonino, a long-time radical activist and one of the country’s most popular political figures, has died aged 78. A veteran of battles for the right to divorce and abortion, Bonino was a former member of Italy’s Radical Party. She served as a European commissioner and a foreign minister in Italy but … Read more
[ Four 66kV grid stations in Sindh to be upgraded to 132kV under $40m ADB-funded programme ISLAMABAD: Chinese firm Jiangsu Ankura Intelligent Electric Co Ltd has secured an $11.728 million contract under a $40 million Asian Development Bank (ADB) power project to upgrade four 66kV grid stations of the Sukkur Electric Power Company (Sepco) to … Read more
[ Companies hold back purchases in anticipation of price change, fear inventory losses ISLAMABAD: High-speed diesel (HSD) stocks at several oil marketing companies (OMCs) have fallen below the minimum 20-day consumption requirement as companies hold back purchases on expectations of another change in petroleum prices, sparking concerns over supply security and exposing liquidity constraints in … Read more
Two US officials say Washington focused on Red Sea security; Riyadh weighs solo military action against Yemeni group US President Donald Trump welcomes Saudi Crown Prince and Prime Minister Mohammed bin Salman during an arrival ceremony on South Lawn of White House in Washington, DC, US. Photo: Reuters The Trump administration has no plans for … Read more
[ ISLAMABAD: Federal Minister for National Food Security & Research Rana Tanveer Hussain held a meeting with Tajikistan Ambassador Yusuf Sharifzoda to discuss bilateral trade, agricultural cooperation, economic relations and ways to further strengthen ties between the two countries. During the meeting, the Tajik envoy conveyed an invitation to the federal food minister to attend … Read more