PSX extends gains over 2,400 points as oil slides on US-Iran talk optimism
Market touches an intraday high of 175,298.11, while the low is recorded at 173,405.57 KARACHI: Buying momentum returned to the Pakistan Stock Exchange (PSX) on Tuesday, as investor sentiment improved amid growing optimism over a potential second round of US-Iran talks aimed at resolving the ongoing conflict. Hopes that diplomacy may progress have weighed on […]
Israeli fire kills two more in Gaza; Hamas confronts pro-Israel militia – World
CAIRO: Israeli strikes killed two Palestinians in separate incidents in the Gaza Strip on Monday, health officials said, and fighters from Hamas confronted gunmen from an Israeli-backed militia. Medics said one man was killed in an Israeli air strike at Bureij camp, in the central area of the enclave, while another strike killed one person […]
‘More than 16,000 lives lost in over 350 disasters in 2025’: Cred – World
ISLAMABAD: The year 2025 saw 358 natural hazard-related disasters, resulting in over 16,000 fatalities, affecting 110.2 million people and causing $169.68 billion in economic losses, according to Emergency Events Database maintained by the Centre for Research on the Epidemiology of Disasters (Cred) at one of the oldest universities in Europe. The Cred at the University […]
Scam messages offering ships safe transit through Hormuz, security firm warns
Crypto scam exploits Hormuz crisis, tricking shipping firms with false promises of safe passage A vessel at the Strait of Hormuz, off the coast of Oman’s Musandam province. PHOTO: REUTERS Fraudulent messages promising safe passage through the Strait of Hormuz in exchange for cryptocurrency have been sent to some shipping companies whose vessels are stranded […]
Israeli strikes kill five in Gaza, Hamas clashes with Israeli-backed militia
Palestinian men stand atop a heavily damaged building in Gaza City. Photo: AFP Israeli strikes killed at least five Palestinians in separate incidents in the Gaza Strip on Monday, Palestinian health officials said, and fighters from Hamas clashed with gunmen from an Israeli-backed militia, witnesses said. Medics said one man was killed in an Israeli […]
Apple says chief executive Tim Cook stepping down in September – World
Apple on Monday announced that Chief Executive Officer (CEO) Tim Cook will step down in September, handing the job to company veteran John Ternus. The announcement answers long-simmering questions about who would succeed Cook, 65, and comes as Apple strives to show it is not being left behind in the age of artificial intelligence. Ternus, […]