Bullish momentum continued at the Pakistan Stock Exchange (PSX) on Wednesday as shares gained over 200 points after Pakistan and the IMF reached a staff-level agreement. The KSE-100 index started on a positive note after the bell, climbing more than 400.04, or 0.61 per cent, to stand at 65,902.63 points from the previous close of 65,502.59. Finally, the index closed at …

ISLAMABAD: The Violent Extremism Prevention Unit of the capital police blocked 462 social media accounts involved in spreading hatred, police said. The unit examines and investigates accounts of different social media platforms to counter the spread of religious, sectarian, and linguistic hatred and propaganda against the country and institutions, they added.     The unit thoroughly monitored social media, traced 1,522 …

Australia on Tuesday postponed a men’s Twenty20 international series against Afghanistan later this year, saying the situation for women in the Taliban-ruled country was not acceptable. Cricket Australia said it had received advice “that conditions for women and girls in Afghanistan are getting worse” and so had taken a decision to “postpone” the three-match series scheduled in August at a …

LAHORE: Contact between the Pakistan Olympic Association and the Ministry of Inter-provincial Coordination over the organisation of the South Asian Games was re-established on Tuesday as the two held a meeting here at the Olympic House on Tuesday where it was decided that Lahore would be the main hub for the regional sporting extravaganza. The 14th edition of the Games …

KARACHI: The current account posted a surplus in February, contrary to the preceding month, raising hopes that the government would achieve the current deficit target for fiscal year FY24. According to data released by the State Bank on Tuesday, the current account was $128 million in surplus last month, compared to a deficit of $303m in January and a deficit …

KARACHI: After Islamabad United won their third HBL Pakistan Super League title in the early hours of Tuesday, wrapping up the ninth edition of the country’s T20 extravaganza, focus immediately shifted to the national side and the upcoming T20 World Cup. Performances have thrown up a number of questions and a lot of thinking for the Pakistan Cricket Board to do in …

TOKYO: The Bank of Japan (BOJ) ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from its focus on reflating growth with decades of massive monetary stimulus. While the move was Japan’s first interest rate hike in 17 years, it still keeps rates stuck around zero as a …

ISLAMABAD: Exports of non-textile value-added products registered a year-on-year growth of 0.47 per cent in the first eight months of the current fiscal year, a healthy sign of getting more orders from the international market. The non-textile products exports did not include the export value of food products during the period under review. In absolute terms, the value of non-textile …