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Buying continued at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 500 points during the opening minutes of trading on Friday. At 9:50am, the benchmark index was hovering at 171,698.54, up by 523.04 points or 0.31%. Buying activity was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs and power generation. Index-heavy stocks, including HUBCO, MARI, OGDC, POL, PPL, PSO, HBL and NBP, traded in the green. On Thursday, PSX extended its gains as cautious optimism surrounding a potential diplomatic breakthrough between the United States and Iran encouraged selective…

Russian President Vladimir Putin has said Moscow is ready to make concessions on President Donald Trump’s peace proposal, but warned that Ukraine must also show flexibility if the war is to end. Speaking to foreign media editors on the sidelines of the St. Petersburg Economic Forum, Putin maintained a hardline stance on the Ukraine war while also saying a negotiated peace remained possible. Putin said Russia was prepared to reach a peaceful agreement with Ukraine based on the proposals discussed during his meeting with President Trump in Anchorage last year. “We are certainly prepared and willing to reach an agreement…

Several staff members were injured when the nose gear ​of a Boeing 787 jetliner unexpectedly collapsed ‌at a gate at Frankfurt airport on Thursday, its operator Lufthansa said. “Passengers had not yet boarded,” a company spokesperson ​said in an emailed statement, adding that ​crew members and ground staff were on board ⁠the aircraft at the time of the incident, ​which was first reported by Bloomberg News. “Several staff ​members were injured and are currently receiving medical treatment,” the company added. A Boeing spokesperson said the company was aware of ​the incident and was supporting its customer but ​offered no further detail. A…

The US on Thursday imposed sanctions on Cuban ‌President Miguel Diaz-Canel and some affiliated people and entities, the US Treasury Department’s website showed. The sanctions also targeted four other people and five entities, ​including Diaz-Canel’s wife, Lis Cuesta Peraza, two members of the ​Castro family, and the Ministry of the Revolutionary Armed ⁠Forces. The Cuban government did not immediately respond to a request ​for comment on the sanctions. Diaz-Canel, 66, has served as president ​of the Caribbean country since taking over from Raul Castro, the brother of Cuba’s former leader Fidel Castro, in 2018. Thursday’s action against Diaz-Canel is the…

Prime Minister Shehbaz Sharif said on Thursday that United States President Donald Trump’s prompt and decisive intervention had contributed to a ceasefire between Pakistan and India. Addressing a ceremony at the United States Embassy marking the 250th anniversary of the United States of America’s independence, PM Shehbaz has said that the United States was among the first countries to recognise Pakistan, recalling that president Harry Truman had written to Quaid-e-Azam Muhammad Ali Jinnah to convey greetings on independence. He added that Pakistan had benefited from United States cooperation in major development projects, including the construction of the Tarbela Dam. The…

The National Cyber Crime Investigation Agency (NCCIA) has registered a case against Punjab Assembly member Saqib Chadhar in connection with allegations of harassment involving actress Momina Iqbal. The case has been lodged under the Prevention of Electronic Crimes Act (PECA). According to the complainant, Saqib Chadhar and his associates were involved in acts of blackmail and issued threats. The FIR states that the accused allegedly threatened that certain data would be leaked if a marriage proposal was not accepted. According to the investigation record, Momina Iqbal’s sister provided the cybercrime agency with videos related to the alleged threats. The FIR…

Marjane Satrapi, the Iranian-French artist, filmmaker and author of the autobiographical graphic novel Persepolis, has died aged 56, French President Emmanuel Macron’s office said on Thursday. “Her ​passing is that of a figure of French culture and of an ‌artist enamored of freedom, whose work carried a universal message and had earned her immense international renown,” the Elysee said in a statement. A statement released by members of her family to the French news ​agency AFP said she had died of “sadness” a little over a year after ​the death of her husband, Swedish actor, producer and screenwriter Mattias Ripa. ⁠No…

A milestone in China-Pakistan scientific collaboration was achieved on June 4 with the official unveiling of the Zhejiang-Pakistan Joint Laboratory on R&D of Herbal Medicine at the 2026 International Symposium on Traditional Chinese Medicine–Unani Medicine Cooperation and SCO Member States Traditional Medicine Industry Exchange Forum in Ningbo, Zhejiang. The Joint Laboratory is a provincial-level international science and technology cooperation platform approved by the Department of Science and Technology of Zhejiang Province in December 2025.  It was established based on the Institute of Drug Discovery Technology at Ningbo University, in collaboration with the Faculty of Medicine of Ningbo University and Ningbo…

Pakistani students participating in the Huawei ICT Competition 2025–2026 Global Final visited Huawei’s renowned Shannon Exhibition Hall and the company’s state-of-the-art research and development campus in Dongguan, Guangdong Province, during their stay in China for the international competition. The visit provided the young contestants with an opportunity to witness firsthand the technological innovations, research capabilities, and digital transformation achievements that have positioned China among the world’s leading technology powers. The students, selected from various universities and higher educational institutions across Pakistan through Huawei’s rigorous national and regional competition process, are representing the country at the 10th Huawei ICT Competition Global…

A Chinese Film Festival was inaugurated last week at the Arts Council of Pakistan in Karachi. The festival was jointly organized to promote cultural exchanges, which are widely regarded as a vital bridge for deepening friendship between the two countries. Chinese Consul General in Karachi Yang Yundong, who attended the opening ceremony, addressed the audience and expressed his hope that Pakistani viewers would gain a more comprehensive understanding of China through the screened films and appreciate the profound richness of Chinese culture reflected in the cinematic works, China Economic Net (CEN) reported on Thursday. The film festival in Karachi came…