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Trump urges Turkey to stop buying Russian oil as Erdogan chases deal on F-35s
US President Donald Trump has urged Turkey to stop buying oil from Russia, part of a wider drive to cut off Moscow’s energy funding as the war in Ukraine rages on. Speaking alongside President Recep Tayyip Erdogan at the White House, Trump said halting those imports would be “the best thing” his Turkish counterpart could…
PSX Revises Shariah Screening: 4% Reduction in Non-Compliant Debt Threshold for Listed Companies
Karachi — The Pakistan Stock Exchange (PSX) has announced a revision in the Shariah screening criteria for its All Share Index, reducing the permissible limit of non-Shariah compliant debt by 4 percent — a move aimed at strengthening the alignment of listed companies with Islamic financial principles.According to sources, the revision has been made to…
PFC Welcomes Easing of Shipping Costs, Expects Relief in Trade Pressures
By Farzana Chaudhry, Lahore PakistanLahore: The Pakistan Furniture Council (PFC) has expressed cautious optimism over the expected easing of shipping and freight costs following improvements in global maritime conditions, saying the development could provide much-needed relief to the furniture manufacturing and export sector.In a statement, PFC Director Shahbaz Aslam said recent signs of reduced disruption…
Rape trial begins for son of Norways crown princess in tense moment for royal family
However, the leader of Norway’s Green Party, Arild Hermstad, who is a republican says the email exchanges point to a monarchy that is not working: “It really puts not only the royal family in a big squeeze, but also for Norway itself, how do you actually solve this? At least she has to be very…
IMF’s Strict Programme Forces Pakistan to Maintain Fiscal Discipline in Budget 2026
May 29, 2026ISLAMABAD — Pakistan’s federal budget is expected to be presented on June 5, 2026, with preparations entering their final stages. Economic analysts say that the government has little room to deviate from fiscal discipline this time, given the stringent conditions attached to the ongoing IMF programme.According to Topline Securities, the market impact of…
No Negotiations with Those Who Fire Bullets; We Will Respond in Their Own Language — Bilal Yasin
By Dr. Ansab Ali | Lahore, PakistanLAHORE: Punjab Minister for Housing and Urban Development Bilal Yasin has issued a strong statement in connection with Operation Ghazab-ul-Haq, declaring that the entire nation stands with the Armed Forces of Pakistan like a solid wall of lead.“There will be no negotiations with those who open fire — they…
