UK shares fall as political uncertainty, Middle East concerns hit sentiment
UK shares slipped on Tuesday as investors weighed domestic political uncertainty, with Prime Minister Keir Starmer defying calls to step down, alongside renewed concerns over tensions in the Middle East.…
Dollar rises but still not far from pre-war levels, data awaited
The U.S. dollar extended gains for a second straight session on Tuesday, underpinned by sustained uncertainty over the Middle East conflict that drove investors into the greenback as a traditional…
Rana stars as Bangladesh down Pakistan in 1st Test thriller
Pace bowler Nahid Rana claimed five wickets as Bangladesh trumped Pakistan by 104 runs in a rain-hit first Test on Tuesday after a thrilling fifth day of batting collapses. Chasing…
Despite improved macroeconomic stability in first half of FY26, war in Middle East poses significant risks to outlook: SBP
While macroeconomic stability improved in the first half of fiscal year 2026, the war in the Middle East poses risks to the economic outlook amid heightened uncertainty, the State Bank…
PSL: a converged media platform shaping brand strategy in Pakistan
The Pakistan Super League (PSL) has steadily evolved into one of the most structurally significant media and marketing platforms in Pakistan’s entertainment economy. Its relevance no longer lies solely in…
UK PM Starmer defies calls to quit, says he’s getting on with governing
Prime Minister Keir Starmer defied calls to resign on Tuesday, telling ministers he would “get on with governing” despite a “destabilising” 48 hours of growing calls to set out a…
Kuwait to ‘explore new opportunities’ around building strategic storage in Pakistan’s petroleum sector
ISLAMABAD: Kuwait agreed on Tuesday to “explore new opportunities” around building strategic storage in Pakistan’s petroleum sector, a statement by the Petroleum Division said, adding that the initiative could result…
PM Shehbaz directs expedited work on new fertilizer plants to boost local production
Prime Minister Shehbaz Sharif directed on Tuesday that work on plans to establish new plants for increasing local fertilizer production should be expedited. He said this while chairing an important…
Pakistan’s textile sector presents budgetary proposals to Aurangzeb
Finance Minister Muhammad Aurangzeb on Tuesday held an extensive meeting with a high-level delegation representing Pakistan’s textile and apparel sector, comprising leading chambers, associations, exporters and industry stakeholders from across…
Rupee inches up against US dollar
Rupee’s Performance Against US Dollar Since 04 March 2025 The Pakistani rupee continued to gain against the US dollar during trading in the inter-bank market on Tuesday. At close, the…