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PSX remains in the green as KSE-100 gains over 100 points

[ KARACHI: The Pakistan Stock Exchange remained in positive territory by mid-day on Thursday, with the KSE-100 Index trading at 174,533.28, up 103.36 points or 0.06 percent from the previous close of 174,429.92. The benchmark index opened higher and touched an intra-day high of 175,237.59 before retreating to a low of 174,144.11. Trading activity was … Read more

S&P upgrades credit rating to B

[ KARACHI/PAKISTAN: Standard & Poor’s raised Pakistan’s credit rating by a notch to B on Wednesday, citing improved political and institutional stability that helped implement tough reforms. Political stability has bolstered the government’s capacity to implement reforms. On July 22, 2026, S&P Global Ratings raised its long-term sovereign credit rating on Pakistan to B from … Read more

Fresh violence at Delhi youth protest demanding minister’s resignation

Police use teargas to control the crowd during the ongoing protest of Cockroach Janata Party (CJP), two days after thousands of protesters marched towards parliament demanding the resignation of Education Minister Dharmendra Pradhan over examination paper leaks, at Jantar Mantar in New Delhi, India. Photo: Reuters Youth protesters demanding the education minister’s resignation clashed briefly … Read more

Bank profits sink on provisions

[ DIGITALISATION: Over the medium term, the sector is expected to benefit from regulatory pushes towards a documented, cashless economy, which should structurally enhance the low-cost deposit base. PHOTO:FIL KARACHI: Pakistan’s commercial banking sector is expected to face a squeeze on profitability in the second quarter of 2026 as elevated provisions, narrowing margins and weaker … Read more

US, Saudi Arabia sign civil nuclear cooperation agreement

‘The agreement will now be transmitted to Congress for review,’ says US Energy Department The US and Saudi Arabia have signed a nuclear cooperation agreement, the US Energy Department said on Wednesday. US Energy Secretary Chris Wright and Saudi Energy Minister Prince Abdulaziz bin Salman signed the peaceful nuclear cooperation agreement, commonly known as a … Read more

Houthis say they attacked Saudi tankers in the Red Sea as US concludes 12th day of strikes on Iran

Yemen-based group said on Monday they were imposing a naval blockade on Saudi Arabia Armed men stand on the beach as the Galaxy Leader commercial ship, seized by Yemen’s Houthis last month, is anchored off the coast of al-Salif, Yemen, December 5, 2023. REUTERS/Khaled Abdullah/File Photo Yemen-based Houthis said on Thursday they struck two Saudi oil … Read more

Samsung invited to make Pakistan export hub

[ A Samsung Electronics logo and a computer motherboard appear in this illustration taken August 25, 2025. PHOTO:  REUTERS Commerce Minister Jam Kamal Khan has invited Samsung to transform Pakistan into a regional manufacturing, refurbishment and export hub for mobile phones, assuring the company of government facilitation for exports, value addition and industrial investment, according … Read more