Newsroom

Trump says US-Iran negotiations are going very well and a deal could come this weekend, while cautioning it might not happen. Talks back on track.

Per a new purchasing managers’ survey released by HBL and S&P, Pakistan’s manufacturing PMI rose to 50.9 in May, returning to expansion as new orders recovered and export orders posted their strongest rise since February 2025.

Pakistan’s major ports are seeing a sharp rise in container and transshipment activity as Gulf disruption redirects cargo towards Karachi, Port Qasim and Gwadar.

Iranian officials are preparing three days of farewell ceremonies and a 24-hour funeral procession for Ali Khamenei, with events expected in Tehran, Qom and Mashhad.

The EU formally commended Pakistan's Iran mediation, supported Pakistan's Kashmir position, called for action against Afghan terrorist groups and backed a two-state solution for Palestine in joint communiqué. Kallas met PM Shehbaz and Field Marshal Munir.