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Buying interest was observed at the Pakistan Stock Exchange (PSX) on Monday, with the benchmark KSE-100 Index gaining over 400 points during the opening minutes of trading. At 9:50am, the benchmark index was hovering at 180,006.95, up by 435.69 points or 0.24%. Buying was observed in key sectors, including cement, commercial banks, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including HUBCO, ARL, MARI, PPL, POL, HBL, NBP and UBL, traded in the green. PSX extended its bullish momentum during the outgoing shortened three-day trading week as easing geopolitical tensions in the Middle East, investor-friendly amendments…

Iran called on Sunday for a new regional security framework involving Gulf countries without the involvement of outside powers, just hours after launching missile and drone strikes on US military bases in Bahrain and Kuwait in retaliation for recent American attacks. Speaking during a visit to Baghdad, Iranian Foreign Minister Abbas Araghchi said lasting security in the Persian Gulf should be ensured by countries in the region, while urging all parties to uphold the US-Iran memorandum of understanding (MoU) aimed at ending the conflict. Addressing a joint news conference in the Iraqi capital, Araghchi said the region needed a new…

Migrants in the United States on temporary protected status should seek permanent residence or leave for their home ​countries, US Homeland Security Secretary Markwayne Mullin said on Sunday. The remarks to CNN’s “State of ‌the Union” program follow last week’s split Supreme Court decision allowing President Donald Trump’s administration to strip hundreds of thousands of Haitian and Syrian immigrants of a humanitarian status that protects them from deportation to home countries plagued by ​conflict and destitution. “Either try to fill out the paperwork and be here underneath a permanent ​status or we’ll help you get back to your country,” Mullin said.…

Iran and the United States ​agreed to halt recent hostilities in the Gulf and renew talks regarding their dispute over the Strait of Hormuz, a US official said on Sunday, raising ‌hopes of saving an interim peace deal that was under pressure from days of tit-for-tat strikes. “Technical talks are slated to continue on all areas of the MOU. Both sides will stand down for now and vessels can move freely,” the official said, referring to the 14-point memorandum of understanding that was agreed on June 17 under which the strait would be re-opened for traffic. Axios, which first reported…

A major countrywide crackdown has been ordered against Afghan citizens residing illegally in Pakistan. Crackdown ordered against illegal residents According to the Ministry of Interior, a final deadline of July 10 has been fixed. Instructions have been issued that all illegally residing Afghan nationals are to be arrested before July 10. Strict implementation of order directed to chief secretaries Provincial chief secretaries, inspectors general of police, and the Islamabad administration have been directed to ensure strict implementation of the order. From July 11 onwards, daily reports of arrests and enforcement actions are to be submitted to the Ministry of…

Belgium recovered from a slow start at the World Cup to top their group, though their dubious prize is a clash with Senegal in the ​Round of 32 on Wednesday and defender Zeno Debast said on ‌Sunday they had not been expecting to face the African side. The Red Devils finally started to click in their final group game, albeit against a limited New Zealand side, after successive draws ​against Egypt and Iran to give them confidence heading into the knockout stage ​of the tournament. A 5-1 win over the Kiwis ensured Belgium won ⁠Group G, setting them up to…

Ireland completed a historic 2-0 Twenty20 International series victory over India after securing a one-run win in the second match at the Civil Service Cricket Club in Belfast on Sunday. Tector’s 53 takes Ireland to 154 for eight Harry Tector led the home side with 53 from 47 balls as Ireland posted 154 for eight from their 20 overs. Ben Calitz contributed 37, while George Dockrell added 19 late in the innings. India 153 for 9 after Samson, Sharma golden ducks India’s reply began disastrously as Sanju Samson and Abhishek Sharma fell for golden ducks. Tilak Varma struck 55 from…

The world’s leading toy manufacturer, Lego, has once again astonished enthusiasts by producing a full-scale replica of the famous sports car made by Swedish brand Koenigsegg. The unique vehicle, built entirely from plastic Lego bricks, has also set a new world record as the fastest Lego car after reaching a speed of 111 kilometres per hour on a road circuit. The car was driven by Koenigsegg’s official test driver, Markus Lundh, at Britain’s renowned Goodwood Circuit, where it reached a top speed of 111km/h. The previous speed record for a Lego car stood at only 50km/h. The new model surpassed…

England all-rounder Ben Stokes is set to bring the curtain down on his international career following the ongoing Test match against New Zealand. Stokes retires mid-Test against New Zealand after nightclub controversy Stokes has been a central figure in England’s 2019 World Cup triumph and has served as an inspirational Test captain since taking over from Joe Root in 2022. His retirement comes midway through the third Test against New Zealand, following a nightclub controversy involving pacer Gus Atkinson on 8 June. Both players were later cleared by the England and Wales Cricket Board after receiving a warning. England captain’s…

Pakistan’s security forces carried out an intelligence-based ground operation along the Pakistan-Afghanistan border on Sunday, followed by “calibrated strikes” on militant hideouts, killing 29 terrorists. Information Minister Attaullah Tarar said on social media platform X the action was launched in response to multiple militant attacks across the country.