Passengers wait at Jinnah International Airport after all domestic and international flights were cancelled in Karachi on May 7, 2025. — AFPAuthorities arrest suspects over illegal clearance.Single company evaded Rs384 million in taxes in past: Customs.Foreign ground-handling company…
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PSX resumes slide as US-Iran tensions, roll-over weigh on risk appetite
Brokers are busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, December 31, 2025. — AFPKSE-100 Index closed at 167,691.08, down 5,478.63 points, or 3.16%.Index hit an intraday high of 174,336.85, up 1,167.14 points, or 0.67%.Index recorded a low of 166,886.63, down…
Roosevelt, Scribe hotels not part of PIA privatisation: PM’s adviser
The view outside the iconic Roosevelt Hotel. — The Roosevelt Hotel/GalleryMuhammad Ali says Rs125bn to be injected into PIA.Scribe Hotel in Paris not part of privatisation plans.Major airports to be auctioned later: PM’s adviser.
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US Fed holds rates steady in split decision, cites Iran tensions fuelling energy inflation
US Federal Reserve Chair Jerome Powell speaks at his final press conference at the Federal Reserve, April 29, 2026. — Reuters
Fed leaves benchmark interest rate in 3.50%-3.75% range.Iran war clouds economic, monetary policy outlook.Senate panel proposes Powell’s…