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The Pakistan Stock Exchange (PSX) opened on a strong note on Friday as the benchmark KSE-100 Index soared past 153,000 points, setting a new record at the start of business. Index surges past 153,000 points The market opened with a sharp rally, gaining more than 900 points right at the start of the trading session. According to market data, the KSE-100 Index was recorded at 153,587 points shortly after opening. Strong momentum in Karachi The rally reflects growing investor confidence, with trading activity in Karachi’s stock market pushing the index to new heights. The upward momentum underscores the PSX’s resilience…

Two powerful aftershocks shook eastern Afghanistan in a span of 12 hours, the German Research Center for Geosciences (GFZ) said, triggering fears of more deaths and destruction on Friday in a region where about 2,200 people died in quakes in four days. They follow two earthquakes that have already ravaged the South Asian nation, crushed by war, poverty and shrinking aid. The Taliban administration estimated 2,205 deaths and 3,640 injuries by Thursday. A Reuters witness said continuous aftershocks hit the province of Nangarhar and details of the damage were still being collected. Friday’s earthquake of magnitude 5.4 struck the southeast…

The US Department of Defense said late on Thursday that two Venezuela military aircraft flew near a US Navy vessel in international waters. The US military killed 11 people aboard a vessel from Venezuela in the Caribbean on Tuesday that President Donald Trump said was carrying illegal narcotics and that belonged to a drug cartel he designated a “terrorist organization.” Legal experts had raised questions about the attack. The Defense Department statement said on Thursday Venezuela is “strongly advised not to pursue any further effort to obstruct, deter or interfere with counter-narcotics and counter-terror operations carried out by the US…

Apple will hold its new hardware event on September 9 at 10 am. PT. The company is expected to release the iPhone 17 lineup, alongside updates to the Apple Watch and AirPods. According to TechCrunch, multiple reports suggested that the iPhone 17 range may introduce larger displays and improved cameras. There is also speculation that Apple will unveil an ultra-thin iPhone Air, possibly replacing the Plus model. Bloomberg’s Mark Gurman has reported that this event may mark the beginning of a three-year period of major iPhone redesigns, culminating in a foldable iPhone projected for release in 2026. iPhone 17, 17 Pro…

The future development of deep space economy is expected to focus on sectors such as energy, internet services, tourism and cultural creativity, with the global market scale reaching trillion-dollar levels by 2040, according to a space conference held on Thursday in east China’s Anhui Province. The details were shared by Shi Pingyan, chief engineer of China’s Deep Space Exploration Lab, in a report at a sub-forum of the third International Deep Space Exploration Conference held in Hefei City from Thursday to Friday. The report highlights ten major areas of focus for this deep space economic upturn fueled by the development…

China held a grand military parade in central Beijing on Wednesday to mark the 80th anniversary of the victory of the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War. Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, oversaw the parade and reviewed the troops. In his speech delivered before the parade, Xi noted that the Chinese people made a major contribution to the salvation of human civilization and the defense of world peace with immense sacrifice in the war. Reiterating China’s…

The China-Russia co-produced film “Red Silk” premiered in Beijing on September 4 as part of the 2025 Russian Film Festival held in the country. The movie tells the story of Chinese and Russian comrades fighting side by side on secret fronts, safeguarding justice. Senior officials and guests attended the premiere, including Shen Haixiong, vice minister of the Publicity Department of the Communist Party of China (CPC) Central Committee and president of China Media Group (CMG); Mao Yu, executive deputy director general of the China Film Administration; Alina Kabaeva, chair of the board of directors of Russia’s National Media Group; and…

North Korean leader Kim Jong-un told Chinese President Xi Jinping that North Korea will continue to support China in protecting Chinese sovereignty, territory and development interests, North Korean state media KCNA said on Friday. “No matter how the international situation changes, the feeling of friendship cannot change” between North Korea and China, Kim told Xi during bilateral talks in Beijing on Thursday, KCNA reported. Xi told Kim that China and North Korea are “good neighbours, good friends and good comrades” who share one destiny, according to KCNA. The leaders discussed strengthening strategic cooperation and protecting common interests in international and…

ISLAMABAD (ID NEWS) : Mr. David Chu, CEO of Precise Development (HK) Limited, China, along with representatives of leading Chinese maritime companies and Tianjin port authorities, held a productive meeting with H.E. Muhammad Junaid Anwar Chaudhry, Federal Minister for Maritime Affairs of Pakistan, on the sidelines of the Pakistan-China Business-to-Business (B2B) Investment Conference at Beijing, China. The forum set future targets for strengthening industrial and investment partnerships between the two countries. The meeting was also attended by Zhou Ji, Deputy Director of the New Economy Promotion Bureau, Tianjin Dongjiang Comprehensive Free Trade Zone, Wang Lun, Chief of the Service Innovation…

Prime Minister Shehbaz Sharif’s visit to China entered a new phase of cooperation as he met his Chinese counterpart Li Qiang in Beijing. The two leaders expressed satisfaction over positive progress in bilateral relations and signed multiple agreements to expand collaboration under the China-Pakistan Economic Corridor (CPEC) Phase 2. The meeting featured detailed discussions at the delegation level, followed by the signing of memorandums of understanding and agreements. Both sides agreed to work together on five new economic corridors under CPEC. The priority sectors identified include agriculture, mining and minerals, textiles, industry, and information technology. Cooperation in science, technology, IT,…