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Web Desk
Feb 17, 2025

PSX reverses early gains, falls below 112,000

The Pakistan Stock Exchange (PSX) opened the week in positive territory, with the KSE-100 rising by 439.51 points to reach 112,524.8.

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Reuters
Feb 17, 2025

New downloads of DeepSeek suspended in South Korea, data protection agency says

The service of the app will be resumed once improvements are made in accordance with the country’s privacy law, the Personal Information Protection Commission (PIPC) said in a media briefing.

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Web Desk
Feb 17, 2025

IHC bench terminates contempt proceedings against Registrar, Deputy Registrar

The larger bench, including IHC Chief Justice Aamer Farooq issued the decision on appeals filed by the Registrar and Deputy Registrar.

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AFP
Feb 17, 2025

Openly queer South African imam, Muhsin Hendricks, shot dead

“Two unknown suspects with covered faces got out of the vehicle and started firing multiple shots at the vehicle,” the Eastern Cape force said in a statement.

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Reuters
Feb 17, 2025

Five Iraqi banks to be banned from US dollar transactions

The move comes after meetings in Dubai last week between officials from the Central Bank of Iraq – which last year already banned eight banks from US dollar transactions – and US Treasury and Federal Reserve officials, one of the sources said.

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Web Desk Karachi
Feb 17, 2025

Sharjah implements 20pc corporate tax on natural resource companies

The law, issued by Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, outlines taxation, payment procedures, audits, and penalties for businesses operating in the emirate’s natural resources sector.

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Web Desk
Feb 17, 2025

ICC releases new promo for Pakistani team

The International Cricket Council (ICC) has released a new promo featuring the Pakistani cricket team for the Champions Trophy 2025.

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Web Desk
Feb 17, 2025

Stephen Curry wins MVP in new All-Star tournament format

Curry scored 20 points across both games in the new tournament format, which saw the all stars divided among four teams, including Shaq’s OGS, Candace’s Rising Stars, Kenny’s Young Stars, and Chuck’s Global Stars.

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Web Desk
Feb 17, 2025

Libya boat accident: FIA nabs two members of human smuggling gang

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Web Desk Karachi
Feb 17, 2025

IFC commits $2 billion annually to Pakistan, fuelling growth in key sectors

Managing Director Makhtar Diop highlighted the significance of this investment, saying it will play a crucial role in driving Pakistan’s development, particularly in critical areas such as international airports, energy, water and ports.