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Pakistan Stock Exchange roars back as ceasefire, oil price drop boost confidence

The PSX rebounded sharply as news of a temporary ceasefire between Iran and Israel, along with falling oil prices, restored investor confidence. The KSE-100 Index jumped over 6,500 points in intraday trade, reversing steep losses from the previous session.

Donald Trump announces Iran-Israel ceasefire, ending 12-day flash war

Iran and Israel agree to a full ceasefire after twelve days of conflict. Trump announces phased truce, hails diplomatic victory.

ایران اور اسرائیل میں مکمل جنگ بندی، صدر ٹرمپ کا اہم اعلان

امریکی صدر ڈونلڈ ٹرمپ کیمطابق ایران اور اسرائیل کے درمیان مکمل جنگ بندی طے پا گئی ہے، جس سے 12 روزہ جنگ کا خاتمہ ہو گیا۔ ٹرمپ نے اس معاہدے کو مشرقِ وسطیٰ کے لیے ایک تاریخی کامیابی قرار دیا اور دونوں ممالک کو استقامت و تدبر پر مبارکباد دی۔

ایران پر کسی ثبوت کے بغیر بھاری حملہ کیا گیا، ایران کی خودمختاری کسی صورت چیلنج نہیں کرنا چاہیے تھی، بلاول بھٹو زرداری

اسرائیل کی خطہ میں بڑھتی ہوئی جارحیت کو روکنا ہو گا ورنہ بہت دیر ہو جائے گی۔ نیتن یاہو تیسری جنگ عظیم کے خطرات کو بڑھا رہا ہے۔ ہم ایران پر امریکی حملے کی مذمت کرتے ہیں۔ ہم نے بھارت کو جنگ، سفارتکاری اور بیانیہ کے میدان میں شکست دی ہے۔

No radiation detected in Gulf after US strikes on Iran, says Saudi Arabia

Saudi Arabia's Nuclear and Radiological Regulatory Commission has confirmed a lack of radioactive effects or radiation risk after US airstrikes on Iranian nuclear sites including Fordow as regional authorities move quickly to reassure the public and downplay environmental fallout concerns.
NewsroomEconomyTo save face, Imran Khan mortgages Pakistan
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To save face, Imran Khan mortgages Pakistan

TT Staff Reporter
TT Staff Reporter
Breaking stories from The Thursday Times' in-house reporter.
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On Tuesday, Pakistan Federal Information Minister Fawad Chaudhry announced that the Federal Cabinet will begin the process of taking loans by means of mortgaging major assets, including airports and roadways across the nation. The large-scale loans are to be issued through Sukuk bonds.

Initially, the Khan administration had attempted to mortgage the F-9 Park in Islamabad in order to bring in 500bn rupees, but the plans were rejected by the Federal Cabinet. Consequently, a plan was then made for the 244-acre Islamabad Club to be mortgaged, as well as Jinnah International Airport in Karachi, one of the Republic’s busiest airports.

Instead, in order for the bonds to be issued and loans be taken out, Islamabad International Airport, Allama Iqbal International Airport and Multan International Airport are set to be mortgaged, as well as the Islamabad Expressway, the Islamabad-Peshawar Motorway and the Pindi-Bhattian-Lahore motorway section.

This pattern of collateral being put on the table in order for major loans to be taken out is no surprise to many. Since Khan became Prime Minister in 2018, his government has added almost $22bn to Pakistan’s international debt. The IMF is about to bail out Pakistan, yet again, as Pakistan helps the U.S. prepare an exit strategy in Afghanistan. In order to clear up the Prime Minister’s increasingly negative image, especially after recent comments regarding victim blaming and a refusal of condemning marginalised Muslim groups in China, an attempt at clearing the national debt is a bold strategy which could, potentially, pay off.

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تاریخ ہمیشہ کانفرنس ہالوں یا کاک ٹیل پارٹیوں میں نہیں بنتی۔ بعض اوقات یہ اندھیرے میں لکھی جاتی ہے — اُن لوگوں کے ہاتھوں جو بقا کے لیے جھکنے سے انکار کر دیتے ہیں۔ پاکستان کا ایٹمی پروگرام بھی ایسا ہی ایک لمحہ تھا: ایک زخمی، تنہا اور دیوار سے لگی ہوئی قوم، جس کے پاس کوئی اور راستہ نہ تھا سوائے اس کے کہ وہ طاقت کے اس کلب میں اپنی جگہ خود بنائے — جہاں پہنچنا صرف بہادروں کے حصے میں آتا ہے۔

Pakistan Stock Exchange roars back as ceasefire, oil price drop boost confidence

The PSX rebounded sharply as news of a temporary ceasefire between Iran and Israel, along with falling oil prices, restored investor confidence. The KSE-100 Index jumped over 6,500 points in intraday trade, reversing steep losses from the previous session.

Donald Trump announces Iran-Israel ceasefire, ending 12-day flash war

Iran and Israel agree to a full ceasefire after twelve days of conflict. Trump announces phased truce, hails diplomatic victory.

ایران اور اسرائیل میں مکمل جنگ بندی، صدر ٹرمپ کا اہم اعلان

امریکی صدر ڈونلڈ ٹرمپ کیمطابق ایران اور اسرائیل کے درمیان مکمل جنگ بندی طے پا گئی ہے، جس سے 12 روزہ جنگ کا خاتمہ ہو گیا۔ ٹرمپ نے اس معاہدے کو مشرقِ وسطیٰ کے لیے ایک تاریخی کامیابی قرار دیا اور دونوں ممالک کو استقامت و تدبر پر مبارکباد دی۔
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