Trump sends missiles to Ukraine, threatens Russia with 100% tariffs

Zelensky thanks POTUS for his “willingness to support Ukraine” US President Donald Trump on Monday pledged to deliver “top-of-the-line weapons” to Ukraine through NATO allies, while threatening Russia with sweeping secondary tariffs if a peace agreement is not reached within 50 days. The announcement came after a meeting between President Trump and NATO Secretary-General Mark…

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In fresh peak, PSX rises past 136,000 mark

Continuing its remarkable rally, the Pakistan Stock Exchange (PSX) touched another all-time high on Monday as it surged past 136,000 points over encouraging economic developments and robust interest from mutual funds and institutional investors. The benchmark KSE-100 index added another 2,202.77 points, or 1.64%, to settle at 136,502.54 at the close of trading. Since the…

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Debt, price volatility plague SOEs

ISLAMABAD: Energy giants in Pakistan are experiencing mixed fortunes in the face of security risks, circular debt and energy transition initiatives. Leading state-owned oil and gas companies have reported operational gains, fiscal pressures as well as evolving clean energy ambitions. From new hydrocarbon discoveries and renewable energy investments to profit declines and mounting receivables, the…

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IMF slams tax-free sugar import

ISLAMABAD: The International Monetary Fund (IMF) has reacted to a major breach of the $7 billion programme and conveyed its reservations about the government’s decision to import 500,000 metric tonne of sugar by waiving taxes, in violation of written commitments. The development came as sugar prices officially hit Rs200 per kg for the first time…

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Pakistan-US relations strong, expanding across key sectors: US consul general

Kristin Hawkins says bilateral programmes in areas such as trade, agriculture can further strengthen mutual support US Consul General in Lahore Kristin Hawkins. US Consul General Lahore Kristin K Hawkins has said that Pakistan and the United States share a longstanding and enduring relationship, with cooperation expanding across sectors including agriculture, trade, education and cultural preservation. In an…

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