Pakistan Stock Exchange register highest weekly gain in a decade following record losses

KARACHI: The weekly update of the index of the Pakistan Stock Exchange stated that stocks gained 2,537 points during the outgoing week, recovering by 7.5% since fluctuations in the exchange rate and economic uncertainty wreaked havoc in the financial markets. The benchmark KSE-100 index closed the outgoing week at 35,703 points, gaining Rs 400 billion in share values and market...

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Iran says US troop boost ‘threat to international peace’

TEHRAN: Iranian Foreign Minister Mohammad Javad Zarif said Saturday a US decision to deploy 1,500 additional troops to the Middle East is a "threat to international peace", state media reported. "Increased US presence in our region is very dangerous and a threat to international peace and security and must be confronted," Zarif told the official IRNA news agency before heading...

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Security tightened across Karachi for Youm-e-Ali

KARACHI: Roadblocks and containers have been set up on Karachi’s MA Jinnah Road, Empress Market, Saddar and Preedy Street ahead of the Youm-e-Ali procession. A search operation was also conducted by police and Rangers at Cantt Station, Rizvia Society, Jamshed Quarters, Lasbela and Patel Para neighbourhoods of the metropolis. Youm-e-Ali, observed on the 21st of Ramzan, sees large processions across...

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Hamza Shehbaz demads fact-finding committee over NAB chairman alleged interview

LAHORE: Pakistan Muslim League (Nawaz) leader Hamza Shehbaz on Saturday demanded the formation of facts finding a committee to take up the matter pertaining to the National Accountability Bureau (NAB) chairman's interview. Talking to reporters after appearing before the Accountability Court in Ramzan Sugar Mills case, Shehbaz Sharif's son said that "It is the demand of the PML(N) to form...

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