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PSX registers modest growth

[The Pakistan Stock Exchange (PSX) ended a range-bound week on a modestly positive note, with the KSE-100 index closing at 177,697, up 530 points, or 0.3%, week-on-week. Trading stayed cautious as investors watched slow-moving efforts to ease the US-Iran standoff and reopen the Strait of Hormuz for shipping traffic. A public holiday on Wednesday further … Read more

Wahab rejects reports of Bilawal’s wedding

Earlier, social media reports claimed Bilawal is set to marry into prominent Austrian royal family Karachi Mayor Murtaza Wahab. PHOTO: FILE Karachi Mayor Murtaza Wahab on Saturday rejected reports about Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari’s engagement or wedding, calling them “incorrect and unfounded”. In a post on X, Wahab said, “The news story regarding … Read more

Nepal-Tibet death toll 750 from Himalayan flood, 3,000 missing

Red Cross estimates that more than 90,000 people are likely to have been affected by disaster Firefighters conduct search and rescue operations along a river, after a mudslide in Gyirong county, Shigatse, Tibet Autonomous Region, China. Photo: Reuters The death toll in Nepal and Tibet from last week’s catastrophic floods hit 750 on Sunday, with … Read more

‘Seafood exports could reach $2b’

[ KARACHI: Pakistan-origin seafood products are now being sold on European supermarket shelves, demonstrating the country’s growing capability to meet stringent quality and food-safety standards, according to a statement issued on Saturday. Speaking during a visit by a high-level Chinese delegation and other distinguished guests to Sea Green Enterprises, CEO Asim Abrar said the development … Read more

Uganda invites Pakistani investors with 10-year tax holiday

[ Islamabad Chamber of Commerce and Industry. PHOTO: APP ISLAMABAD: Uganda has invited Pakistani investors to tap its expanding agricultural, mineral, energy and tourism sectors, offering tax incentives for greenfield investments, while proposing a dedicated Pakistan-Uganda business forum and farm-visit delegation to create direct commercial linkages between the two countries. Ambassador Matata Twaha, Charge d’Affaires … Read more

Gastroenteritis, waterborne diseases surge in Upper Dir

DHO says out of 40 water samples collected, 39 declared unsafe for human consumption UPPER DIR: Cases of gastroenteritis and other waterborne diseases have continued to rise in different areas of Upper Dir, with hundreds of people, including children, women and elderly persons, being admitted to hospitals over the past three days. Health officials said … Read more

Temasek backs SIA’s Air India bet

[ A Temasek logo is seen at the annual Temasek Review in Singapore July 7, 2016. REUTERS/Edgar Su/File Photo NEW DELHI: Singapore state investor Temasek, the majority shareholder of Singapore Airlines (SIA), on Saturday backed the airline’s investment in Air India, as scrutiny grows over its stake in the loss-making Indian carrier. Air India’s request … Read more