Trump may unveil US-Iran agreement before Friday
WASHINGTON: US Vice President JD Vance said on Monday that President Donald Trump could choose to make public the agreement reached between Washington and Tehran before its planned in-person signing later this week. Speaking to Fox News, Vance said Trump was considering releasing details of the accord ahead of Friday. The agreement has already been […]
US Air Force B-52 bomber crashes in flames in California, killing all 8 crew aboard
US Air Force B-52 Stratofortress bomber crashed on takeoff on Monday at Edwards Air Force Base in Southern California’s Mojave Desert, bursting into flames and killing all eight crew members aboard, Air Force officials said. The eight-engine, jet-powered aircraft, built to carry a wide array of nuclear and conventional bombs, was on a routine test […]
Most stocks rise, oil flat following peace deal-fuelled rally
New York : Equities mostly rose Tuesday and oil prices held losses following the previous day’s euphoric rally sparked by the US-Iran peace deal that will reopen the crucial Strait of Hormuz. Eyes are now on developments ahead of Friday’s signing ceremony in Switzerland, which will bring an end to more than three months of […]
US and Iran ‘electronically’ sign ceasefire agreement, details remain unclear
US President Donald Trump said on Monday a preliminary agreement to end the war in the Gulf has been signed by the US and Iran, though details have yet to be made public and both countries said a permanent truce is yet to be negotiated. The agreement would extend a tenuous ceasefire announced in April […]
PSX extends rally as SBP policy rate hold, oil losses lift sentiment
The equity market traded higher on Tuesday as investors extended the previous session’s rally after the State Bank of Pakistan (SBP) held the policy rate unchanged, while falling global oil prices and optimism over a US-Iran interim peace deal further lifted sentiment. During the session, Pakistan Stock Exchange’s benchmark KSE-100 Index climbed to an intraday […]
Govt eyes more global bond issues, sees budget upside from Iran deal
ISLAMABAD: Pakistan could improve economic projections for 2027 after the end of the US war on Iran, but it is still too early to revise the budget, Finance Minister Muhammad Aurangzeb told Reuters, hours after the US and Iran signed a deal to end the fighting. Damaged energy infrastructure meant supply chains would take time to […]
Romanian-Pakistani relations continue to deepen, sustained by an ongoing political dialogue
Islamabad : Romanian-Pakistani relations continue to deepen, sustained by an ongoing political dialogue, while Pakistan plays an increasingly significant role as a mediator in the geopolitical landscape of the Middle East. Romanian Foreign Minister Oana Țoiu: “This morning, I spoke with Ishaq Dar, Deputy Prime Minister and Foreign Minister of Pakistan, who briefed me on […]
PM Shehbaz tells NA Iran-US understanding reached, Pakistan to host ceremony on June 19
: Prime Minister Shehbaz Sharif, while addressing the National Assembly on Monday, said that the world had achieved a historic milestone for peace, adding that “the sun of peace has risen after the darkness of war”. He said Iran and the United States had announced the permanent end of hostilities on all fronts, calling it […]
Pakistan to host Iran-US deal signing ceremony in Geneva
Islamabad : Prime Minister Shehbaz Sharif has announced that Pakistan will host the much-awaited Iran-US deal signing ceremony in Geneva, Switzerland. “The signing will take place on the blessed day of Friday, June 19, in Geneva, and Pakistan will host it, the prime minister told the National Assembly, congratulating the nation and the global community. […]
AJK Election Commission dismisses ‘baseless’ rumours about delay in July 27 polls
Islamabad : The Election Commission of Azad Jammu and Kashmir (AJK) on Sunday reaffirmed that general elections in the region will be held on July 27 as scheduled, dismissing speculation about any postponement of the electoral process. In a statement, a spokesperson for the Election Commission said that the polling schedule was issued on June […]