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Aurangzeb highlights Pakistan’s climate vulnerability, calls for faster climate financing at UNGA

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[ Stresses the need to translate country’s climate commitments into practical, investable projects Finance Minister Muhammad Aurangzeb speaking at the launch of the COP31 Action Agenda. Photo: X Finance Minister Muhammad Aurangzeb on Tuesday highlighted Pakistan’s vulnerability to climate-related disasters, the need for faster climate financing and the country’s transition towards a regulated virtual-assets framework … Read more

US senator calls for sanctions against Trump, Rubio over ICC pressure

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Remarks come after reports that Trump administration preparing sweeping sanctions against court United States Senator Chris Van Hollen. PHOTO: ANADOLU AGENCY United States Senator Chris Van Hollen called Monday on European countries and other signatories to the International Criminal Court (ICC) to sanction President Donald Trump and Secretary of State Marco Rubio over the administration’s … Read more

PSX pares early gains on profit-taking

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KARACHI: Trading at the Pakistan Stock Exchange (PSX) turned mildly negative on Tuesday as profit-taking erased early gains after the morning rally, although buying in index-heavy stocks continued to provide support amid optimism over a possible resolution to the United States-Iran conflict. The benchmark KSE-100 Index stood at 171,107.46 at 12:43pm, down 45.70 points or … Read more

PSX rises 269 points as oil market steadies

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[ Saudi supply recovery offers some relief; investors closely monitor regional risks KARACHI: Pakistan equities opened the week on a firmer footing on Monday, with the benchmark KSE-100 index gaining modest ground as easing oil prices and hopes for diplomatic progress on the US-Iran conflict encouraged buying interest. Although the early rally lost some momentum, … Read more

Oil hits 12-day low on peace talks hopes

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[Oil prices eased on Monday to their lowest level in 12 days, as investors hoped for diplomatic progress on the Iran war due to this week's United Nations meeting and eyed a partial recovery in shipments from Saudi Arabia. The Brent crude futures November contract fell to its lowest since September 9 at $99.51 a … Read more

Afghan cyclist who disguised herself as man wins Asian Games silver

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NAGOYA: An Afghan cyclist who disguised herself as a man to pursue her sporting dreams won an Asian Games silver medal on Tuesday, hoping it inspires other women in a country where Taliban authorities have sharply curtailed their freedoms. Italy-based Fariba Hashimi powered home second in the women’s road race near Nagoya in Japan, calling … Read more

LNG buyers, sellers target supply diversity

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[ Amid US-Iran war, importers looking for fuel alternatives from West Africa to Indonesia BANGKOK: Liquefied natural gas (LNG) buyers are looking to diversify sourcing as the US-Israel war against Iran cuts Gulf shipments, with importers seeking alternatives for the fuel from other suppliers ranging from West Africa to Indonesia. While Asian governments look to … Read more