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The most dangerous feature of the current debt environment is its gradual nature. PHOTO: REUTERS

[ The most dangerous feature of the current debt environment is its gradual nature. PHOTO: REUTERS KARACHI: The next global debt crisis may not arrive with the drama of Lehman Brothers. No spectacular market collapse. No single bank failure. Instead, warning signs could appear quietly. A sovereign bond rolled over at a punishing rate. A … Read more

China's space diplomacy lifts Pakistani astronaut toward orbit

Two Pakistani pilots are memorising Mandarin, spinning in centrifuge drills and learning to eat, sleep and repair equipment while weightless ​as a decision nears on which one will become the first foreign astronaut aboard China's Tiangong space station. The voyage into space would be a first for the ‌South Asian nation. It is part of … Read more

PSX down over 400 points amid US-Iran uncertainty, oil surge

Cautious sentiment engulfed the Pakistan Stock Exchange (PSX) on Monday, pulling the KSE-100 Index down 404.24 points, or 0.24%, to 170,360.98 by 12:38pm as uncertainty over a United States-Iran diplomatic breakthrough weighed on risk appetite. The index had opened the week on a positive note, climbing to 171,038.58, up 273.36 points, or 0.16%, by 9:33am. … Read more