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White House reviews candidates to replace Hegseth deputy Feinberg, sources say

Replacement would be most senior staff change following string of high-profile departures under Hegseth US Deputy Secretary of Defence Steve Feinberg sits with Defence Secretary Pete Hegseth at the Pentagon, in Washington, DC, US, July 21, 2025. PHOTO: REUTERS The White House has reviewed candidates to potentially replace Deputy Secretary of Defence Steve Feinberg, three … Read more

Yearly SPI slows to 8.35%

[Pakistan's short-term inflationary pressure eased as the Sensitive Price Indicator (SPI) rose 8.35% year-on-year in the week ended September 3, down from 9.04% a week earlier, marking a step down in the annual inflation trajectory. However, the moderation in headline inflation came alongside a 0.65% week-on-week increase in prices of essential commodities, signalling that consumers … Read more

Ministry of Brands opens off-price store

[ KARACHI: The Ministry of Brands (MOB), the international off-price retail destination, has officially arrived in Pakistan, marking a new chapter in the country’s retail landscape and a new way to shop global fashion. MOB opened the doors to its first Pakistan store on August 12, 2026 at Bukhari Commercial, DHA Phase 6, Karachi, with … Read more

5 new Netflix releases to add to your watchlist this week

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From emotional coming-of-age drama and Bollywood romance to crime thrillers and the final ‘Outer Banks’ adventure With August drawing to a close, Netflix has plenty to offer viewers looking for something new to watch this week. From emotional coming-of-age drama and Bollywood romance to a chilling crime thriller and the long-awaited final chapter of Outer … Read more

High-ranking US military officials subjected to polygraph tests over information leaks: CBS

Pentagon investigates unauthorized disclosures revealing shortfalls in strategic missile stockpiles US investigators in August administered polygraph tests to 50 military officers and civilian officials following leaks concerning depleted American munitions stocks, according to multiple media reports on Friday. The probe targeted personnel with the Joint Staff, a group of senior military leaders advising the president, … Read more

Gold prices rise Rs3,900/tola despite global dip

[ KARACHI: Gold prices in Pakistan moved higher on Friday, even as the precious metal declined in the international market following stronger-than-expected US employment data that raised expectations of an earlier rate hike by the Federal Reserve. According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association, the price of gold increased by … Read more

Stocks rise amid record OGDC earnings

[ KARACHI: Pakistan Stock Exchange (PSX) closed the week modestly higher on Friday as the benchmark KSE-100 index gained almost 400 points to settle near 175,330. The rebound trimmed the week-on-week decline to 1.33% after a range-bound session in which investors largely stayed on the sidelines. Arif Habib Limited (AHL), in its report, called it … Read more

$16b fossil fuel import bill strains reserves

[ KARACHI: Pakistan’s growing dependence on imported fuel is putting severe pressure on its foreign exchange reserves, making immediate investment in renewable energy essential, said Federal B Area Association of Trade and Industry President Sheikh Muhammad Tehseen. He said Pakistan’s oil imports had increased by 5.76% annually, while the country spent more than $16 billion … Read more

Sarmad Khoosat’s ‘Lali’ to screen at BFI London Film Festival

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Sarmad Khoosat’s Lali picked up another major festival credit, being selected for the 70th BFI London Film Festival, the United Kingdom’s largest film event, running from October 7 to 18. Khoosat shared the news on Instagram after the festival unveiled the line-up, posting images from the programme announcement. “To be in this line-up, and to get … Read more