By Staff Reporter
KARACHI: Pakistan stocks cratered to an intraday low of 8,687 points on Monday—its biggest point drop ever—before closing 3.3 percent lower, reeling from a global sell-off sparked by China’s retaliatory tariffs on the U.S.
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Crypto Titan CZ joins Pakistan Crypto Council as strategic adviser
By Staff Reporter
ISLAMABAD: Changpeng Zhao, the billionaire founder of Binance Holdings Ltd., will advise Pakistan’s government on building a regulatory framework for cryptocurrencies as the cash-strapped nation seeks to attract foreign investment and position itself as a hub for blockchain innovation.
Sindh High Court halts Cholistan canal project over disputed water permit
By Staff Reporter
KARACHI: The provincial Sindh High Court on Monday suspended a water allocation permit issued by federal regulators to Punjab province for constructing irrigation canals in the Cholistan region, apparently intensifying a water rights clash between the two provinces.
UPDATE 1-Pakistan stocks crash in worst single-day rout as trade tensions escalate
By Staff Reporter
KARACHI: Pakistan’s stock market suffered a historic 8,000-point collapse in an intraday trade on Monday, battered by global fallout from China’s retaliatory tariffs on the US.
Pakistan stocks tank 6,000 points as Trump tariffs roil markets
By Staff Reporter
KARACHI: Pakistan’s stock market cratered on Monday, with the benchmark KSE-100 Index tumbling more than 6,000 points in early trading as President Donald Trump’s tariff decision stoked recession fears and oil prices sank.
Balochistan govt offers limited march route to BNP-M, warns against red zone breach
By Staff Reporter
QUETTA: The Balochistan government on Saturday offered the Balochistan National Party-Mengal (BNP-M) permission to march to Quetta’s Shahwani Stadium but warned of legal action if the party breaches the city’s Red Zone.
Pakistan plans crisis delegation for Washington to avert trade blow from 29pc US tariffs
By Staff Reporter
ISLAMABAD: Pakistan will dispatch a high-level delegation to Washington to contest a looming 29 percent US tariff on its goods, a policy threatening the nation’s fragile export-driven recovery, Finance Minister Muhammad Aurangzeb said on Saturday.
Military pledges to thwart foreign proxies in restive Balochistan
By Staff Reporter
RAWALPINDI: Pakistan’s military’s top leadership pledged on Friday to counter foreign proxies and hostile internal actors destabilising the southwestern Balochistan province, a region plagued by a decades-long separatist insurgency, saying it would eradicate terrorism in all its forms, regardless of the cost.
A river divided: Ally Bhutto-Zardari leads charge against government’s Indus canals plan
By Staff Reporter
GARI KHUDA BAKHSH: Bilawal Bhutto Zardari, chairman of the Pakistan Peoples Party (PPP) and a key government ally, demanded Prime Minister Shehbaz Sharif on Friday abandon plans to build six canals on the Indus River, warning the project threatens national unity and risks inflaming inter-provincial water disputes.
Pakistan’s $6 billion US trade faces Trump tariff squeeze
By Staff Reporter
KARACHI: Pakistan’s exports to the US are poised to take a hit after President Donald Trump unleashed a 29 percent tariff on Pakistani imports, part of a broad salvo hitting dozens of countries as he ramps up a global trade war.