The Ministry of IT and Telecom has acknowledged long-standing demands of the telecom sector by easing payment terms and fixing exchange and interest rates in its policy directive for the upcoming next-generation mobile spectrum auction, a move that clears the way for the Pakistan Telecommunication Authority to issue the Information Memorandum for existing operators and […]
The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) ended on a softer note on Thursday, shedding around 975 points to settle slightly above 185,500, as investors booked profits following a strong five-day rally. “During the session, investors opted for profit realisation after the recent robust gains,” said Ali Najib, Deputy Head of Trading […]
Pakistan’s total liquid foreign currency reserves stood at $21.19 billion as of January 2, 2026, reflecting a modest improvement in the country’s external liquidity position, according to official data. The State Bank of Pakistan (SBP) held $16.06 billion in foreign reserves, while commercial banks collectively maintained net foreign reserves of $5.14 billion, bringing the total […]
Robots mirroring movements of their human “pilots” exchange punches during the Ultimate Fighting Bots competition on the sidelines of the annual Consumer Electronics Show in Las Vegas The human-like combatants stumbled a bit as they swung and kicked at each other in the Ultimate Fighting Robot (UFB) match, curiosity mixing with cheers from spectators at […]
Interior Minister and Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi on Thursday unveiled the owners of the two newly auctioned HBL Pakistan Super League (PSL) franchises, announcing that the successful bidders are based in the United States and Australia. Addressing a press conference following the bidding ceremony, alongside the US Chargé d’Affaires and the new […]
Seven Pakistani banking stocks ranked among the top performers in the Asia-Pacific region in 2025, supported by a combination of low base valuations, improving profitability, a relatively high interest-rate environment, balance-sheet clean-up, and renewed investor confidence in Pakistan’s macroeconomic outlook during the year. Pakistani banking stocks were led by the Bank of Punjab (BOP), the […]
If anyone was thinking that global matters were improving in terms of peace or prosperity, it’s time to take the shocker — humanity is creeping down moral decrepitude and extreme political instability, by the minute! The geopolitical cauldron is bubbling with wars, and international laws are been broken every day! The kidnapping of democratically elected, popular […]
The foreign ministers of Pakistan and more than 20 other Muslim-majority countries on Thursday strongly condemned the recent visit by Israel’s foreign minister to the ‘Somaliland’ region of the Federal Republic of Somalia, calling it a clear violation of the country’s sovereignty and territorial integrity, the Foreign Office said. On Dec 26 last year, Israel […]
President Donald Trump is withdrawing the United States from a foundational climate treaty as part of a sweeping exit from collective global action, the White House announced Wednesday. A total of 66 global organizations and treaties — roughly half affiliated with the United Nations — were listed in a White House memorandum as “contrary to […]
An employee of Japan’s nuclear regulator lost a smartphone, possibly in China, containing a confidential list of contacts, an official and local media reports said. The case became public this week as China continues to raise pressure on Tokyo after Prime Minister Sanae Takaichi suggested in November that Japan may react militarily if Taiwan were […]