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IMF fourth review next major test

[ Textile firms set to recover, $3b bond strengthens buffers but inflation tests recovery The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, U.S., April 21, 2017. REUTERS KARACHI: Pakistan’s economic recovery is facing its first major test from a new wave of external pressures, with higher oil prices … Read more

PSX sheds 1,920.49 points amid Middle East tensions

KARACHI: Pakistan Stock Exchange (PSX) came under renewed selling pressure on Tuesday, with the benchmark KSE-100 index losing 1,920.49 points, or 1.11%, to reach 171,715.58 during midday trading at around 1:19pm as uncertainty over the rapidly evolving Middle East conflict continued to weigh on investor sentiment. The index had opened on a weak note, declining … Read more

Private firm to court investors at Gastech 2026

[ ISLAMABAD: As the government has opened the gas sector to the private sector, Universal Gas Distribution Company (Private) Limited (UGDC) is set to woo foreign investors to tap potential investment opportunities in Pakistan’s gas sector at the upcoming Gastech 2026. The conference will take place in Bangkok, Thailand, where foreign oil and gas companies … Read more

Argentina files criminal complaint against oil companies over Falklands drilling

President’s office says move is ‘concrete action to protect natural resources, safeguard the sovereignty’ of Argentina Argentina on Monday announced a formal criminal complaint against several international energy companies for drilling for oil and gas under British licenses near the Falkland Islands, which Buenos Aires calls Islas Malvinas. Argentine Foreign Minister Pablo Quirno, backed by … Read more

Reforms to improve B READY ranking

[ ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved regulatory reforms aimed at improving Pakistan’s performance under the World Bank Group’s Business Ready (B READY) assessment, a statement said on Monday. Pakistan ranked 17th among 101 economies with a score of 86.64 in the Business Entry category of the B READY 2025 … Read more

UK set to ban trade with illegal settlements in occupied West Bank: reports

Miliband to announce ‘broad reset’ of relations with Israel to protect viability of Palestinian state, local media say This photo taken on August 9, 2026 shows armed Israeli soldiers carrying out a foot patrol through the market, in the Old City of Nablus, in the northern Israeli-occupied West Bank. PHOTO: AFP The United Kingdom is … Read more

Rybakina reaches US Open quarter-final

Elena Rybakina, of Kazakhstan, returns the ball to Naomi Osaka, of Japan, during their fourth-round match at the U.S. Open, on Monday in New York. Photo: AFP NEW YORK: World number two Elena Rybakina swept past four-time Grand Slam champion Naomi Osaka 6-1, 6-4 on Monday to line up a US Open quarter-final against China’s … Read more