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Jul-Aug C/A deficit stands at $543m

[ Services exports were $872 million in August against $677 million a year earlier, up 29%. PHOTO:FILE KARACHI: KARACHI Pakistan recorded a current account deficit of $543 million in the first two months of FY27, the State Bank of Pakistan’s latest figures show. It was 36% narrower than the $853 million gap in the same … Read more

Asian Games chief defends ‘functional’ rooms after backlash

Organisers say they are addressing concerns over temporary accommodation ahead of Saturday’s opening ceremony NAGOYA: Accommodation for Asian Games athletes in Japan is “functional” and efforts are being made to deal with numerous complaints from disgruntled teams, a chief organiser told AFP.More than 17,000 competitors and officials are expected at the continent’s biggest sporting spectacular, … Read more

US extends visa sanctions on Palestinian officials ahead of UN General Assembly in New York

State Dept said PLO, PA failed to meet commitments, citing actions to ‘internationalise Israeli-Palestinian Conflict’ A general view of a United States State Department sign outside the US State Department building in Washington, DC, US, July 11, 2025. PHOTO: REUTERS The US State Department said on Wednesday that it would extend visa sanctions denying entry … Read more

KSE-100 stages strong rebound, gains 1,284 points

[ KARACHI: The Pakistan Stock Exchange staged a mid-session recovery on Thursday as the benchmark KSE-100 index rose 1,284.36 points, or 0.76%, to 169,306.16 by early afternoon. The market opened higher after Wednesday’s 1,370-point decline and extended gains through the morning. The index touched an intra-day high of 169,576.52 before easing slightly, with the session … Read more