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[ 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
‘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
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
[ 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
[ Jumps Rs4,600/tola amid global rally on soft dollar, ME tensions; rupee edges up to 277.91/$ Gold prices in Pakistan increased on Wednesday, tracking gains in the international market, where bullion rose to its highest level in two weeks due to a softer US dollar, technical buying and lingering Middle East tensions. In the local … Read more
Federal, Punjab govts to coordinate closely on price stability, adequate availability KARACHI: Federal Minister for National Food Security and Research Rana Tanveer Hussain has rejected reports of a fertiliser shortage, saying sufficient stocks of urea are available across the country, according to an official statement on Wednesday. Chairing a meeting with Punjab Agriculture Minister Syed … Read more
[The Houthis claimed to have attacked two ships in the Red Sea, and Iran said a third caught fire near the Strait of Hormuz.
[ BEIJING/ISLAMABAD: Pakistan’s exports to China reached $1.874 billion in the first half of 2026, reflecting a substantial 50.7% surge compared with exports of $1.244 billion recorded in the same period of 2025, according to the General Administration of Customs of China (GACC). Monthly performance demonstrated a consistent growth momentum throughout the period, with March … Read more
Prime Minister Sanae Takaichi is leveraging her ties to Mr. Abe, the slain Japanese leader, as she pushes to reshape defense and the economy.
Marine biologists in Mexico captured video of a strange maneuver that killer whales used to shred their meal.