ISLAMABAD: Pakistan finalised the mechanics for exporting 200,000 metric tons of surplus sugar and created a committee to watch domestic prices. Millers say the step does little to shrink a stockpile that will carry into the new crushing season.
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Pakistan targets longer-dated debt in 6.86 trillion rupee funding plan
ISLAMABAD: Pakistan plans to borrow an additional 6.86 trillion rupees in the fiscal year through June 2027 to cover its budget deficit. It intends to rely on longer-dated fixed-rate bonds and sukuk rather than short-term treasury bills as it tries to extend the maturity of a public debt stock that has grown 76% in four years.
Somali pirates killed five hostages, including three Pakistanis, on Honour 25
KARACHI: Somali pirates killed five crew members, including three Pakistanis, on the hijacked tanker MT Honour 25, the authorities in Somalia’s semi-autonomous Puntland region said on Tuesday. The announcement ended months of uncertainty for families who had been trying to find out what had happened to the sailors.
Lahore court gives police six days with suspects in rape case involving Azerbaijani woman
LAHORE: A court in Lahore has ordered two men accused of gang-raping a young Azerbaijani woman to be held in police custody for six days, as detectives search for a third suspect and the complainant’s account of the night has emerged.
PM Sharif opens London trading, presses JPMorgan, BlackRock for more Pakistan exposure
ISLAMABAD: Prime Minister Shehbaz Sharif urged some of the world’s biggest financial firms to invest more in Pakistan on Tuesday, taking his case for the government’s economic overhaul to a day of meetings in London that began with the opening of trading at the London Stock Exchange.
Pakistan starts IMF review talks with reform deadlines still missed
Pakistan began formal negotiations with the International Monetary Fund on Tuesday over about $1.2 billion in bailout financing. It did so with a key state-asset reform still missing and a war-driven revenue shortfall to explain.
Pakistan confirms fifth polio case of the year in Bannu
ISLAMABAD: Pakistan has recorded its fifth polio case of 2026, after the virus was confirmed in a 17-month-old girl in the north-western district of Bannu.
PTI rejects internal calls to delay Islamabad march for a second time, vows to go ahead Oct. 4
ISLAMABAD: Pakistan Tehreek-e-Insaf has rejected calls from within its own ranks to delay a march on Islamabad for a second time, with the chief minister of its stronghold province vowing that supporters will set out on 4 October whatever the consequences.
Pakistan seeks to verify reports of deaths on tanker freed from Somali pirates
KARACHI: Pakistan said on Tuesday it was trying to establish what happened aboard a hijacked oil tanker off Somalia. A rights group had released recordings in which people described as crew members reported that five sailors were killed and four wounded during an operation to free the ship.
Seven militants killed in Khyber Pakhtunkhwa and Balochistan raids
ISLAMABAD: Security forces have killed seven militants in two operations in the country’s western provinces on Tuesday, officials said, after a month of deadly attacks, cross-border airstrikes and mounting recriminations between Islamabad and the Taliban regime in Kabul.