Bulls return to PSX as shares surge 800 points in intraday trade – Business
Bulls regained their control over the Pakistan Stock Exchange (PSX) on Thursday as shares surged more than 800 points in intraday trade, after a bearish spell the day before. The benchmark KSE-100 index climbed 813.83 points, 0.85 per cent, to stand at 96,360.28 from the previous close of 95,546.45 points at 12:19pm. Yousuf M. Farooq, […]
Bitcoin breaks $96,000 for first time on optimism over Trump crypto plans – Business
Bitcoin’s march toward $100,000 made further ground on Thursday as investors bet a friendlier US regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class. Bitcoin prices topped $96,000 for the first time in Asia trade, touching a high just above $96,898. The cryptocurrency’s price has more than […]
Howard Lutnick’s China ties draw fire after Trump taps him to lead US in trade, tariffs – World
Investment banker Howard Lutnick’s exposure to China came into sharp relief on Wednesday, after Republican President-elect Donald Trump tapped him to lead the agencies that have become the tip of the spear in the US-China trade war. The financial services firms helmed by Lutnick have profited from ties to China, from BGC Group, which has […]
Indian billionaire Gautam Adani charged in US over $265m bribery scheme – Business
Indian billionaire Gautam Adani has been indicted by US prosecutors for his alleged role in a $265 million bribery scheme, plunging his conglomerate deep into crisis for the second time in two years. The multiple counts of fraud levelled against Adani, who is one of the world’s richest people, and seven other defendants, sent shares […]
JCP to name Justice Ayesha Malik’s replacement to hear military courts appeal – Pakistan
• Currently a member of the constitutional bench, Justice Ayesha Malik was also part of the five-judge panel that authored Oct 23, 2023 judgement on military courts • Three-member committee tasks SC registrar with drafting rules for constitutional bench ISLAMABAD: A three-judge committee that determines the fixing of cases before Supreme Court’s constitutional bench has […]
Children’s population in Pakistan may touch 129 million by 2050: Unicef – Pakistan
ISLAMABAD: The population of children in Pakistan is estimated to be 129 million by 2050, whereas India and China will have an average of 350m and 141m respectively, according to the ‘State of the World’s Children 2024, released by Unicef on Wednesday. In Nigeria, the children’s population will be 132m, says the report released coinciding […]
Rawalpindi will be sealed from 50 points ahead of PTI protest – Pakistan
RAWALPINDI: The law enforcement agencies have planned to “lay a virtual siege” to the garrison city by sealing it from 50 points to prevent Pakistan Tehreek-i-Insaf workers from entering the federal capital territory on Nov 24. On the other hand, the police have launched a crackdown on PTI local leaders and workers which began on […]
French envoy holds reception to celebrate Pakistan’s international ties to eradicate polio – Pakistan
ISLAMABAD: French Ambassador Nicolas Galey hosted a reception to welcome the Polio Oversight Board (POB) delegation to Pakistan and to celebrate the international partnership with the Pakistani authorities for the eradication of polio in Pakistan. The POB is the highest decision-making body of the Global Polio Eradication Initiative consisting of the heads of agencies from […]
Govt places 4,300 beggars on no-fly list – Pakistan
ISLAMABAD: Pakistan informed Saudi Arabia on Wednesday about the steps taken by the government against the ‘mafia’ that sends beggars to the kingdom. The information was shared by Interior Minister Mohsin Raza Naqvi during a meeting with Deputy Interior Minister of Saudi Arabia Dr Nasser Bin Abdulaziz Al Dawood. Ambassador of Saudi Arabia to Pakistan […]
Negotiations only after Imran’s release, declares KP CM Gandapur – Pakistan
PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur on Wednesday said the Pakistan Tehreek-i-Insaf (PTI) would engage with dialogue with powers that be about its demands only after its incarcerated founder and former prime minister, Imran Khan, was freed. “We [PTI] will not rest until our leader [Imran Khan] is out of jail,” Mr Gandapur […]