The Pakistan Stock Exchange (PSX) made history again on Thursday as share prices surged, pushing the benchmark index to an all-time high. Investors engaged in brisk buying, seemingly undeterred by the ongoing floods in Punjab and the looming threat of a super flood in Sindh, Private TV Channel reported. The strong trading activity reflects market…
Torrential rains have caused chaos in Saudi Arabia’s southwestern Asir region, where flash floods swept away dozens of vehicles. Saudi media reports that the National Center for Meteorology (NCM) has issued a severe weather alert, warning of heavy downpours, thunderstorms, and potential flooding across multiple regions, including Najran, Jazan, Asir, Al-Baha, Makkah, and Madinah. The…
Asian Development Bank (ADB) President Masato Kanda on Friday announced a $3 million emergency grant to aid Pakistan in its ongoing flood relief efforts. The funding, provided through the Asia Pacific Disaster Response Fund, will be used to support urgent humanitarian assistance, including food, medical aid, shelter, and other critical supplies for communities severely affected…
The Pakistan Stock Exchange (PSX) saw a modest rebound on Friday after several sessions of heavy losses. By the Friday prayers break, the benchmark KSE-100 index had climbed over 1,253 points, or 0.84%, reaching 148,596 points, amid market uncertainty caused by the ongoing catastrophic floods in Punjab. A total of 457 companies traded their shares…
Flash flooding caused by torrential rains killed four people in northern West Virginia and rescue crews were searching for several missing people Sunday, while authorities were assessing damage to roads, bridges, natural gas lines and other infrastructure. Officials said 2.5 to 4 inches of rain fell in parts of Wheeling and Ohio County within about…
High tide in Venice could hit twice normal level – CBS News Watch CBS News Venice, Italy, is facing the second worst flooding in nearly 100 years, and high tide could hit nearly twice the normal level on Friday. At least two people have died, and the city’s mayor has closed the historic St. Mark’s…
US President Donald Trump addresses an event. — Reuters/File Acronyms reflect volatility and uncertainty in Trump-era markets Investment strategies capitalise on Trump policies, global goals. TACO and MEGA highlight market reactions to Trump’s actions. Four months into President Donald Trump’s second term, market observers have taken a cue from his fondness for condensing slogans into…
A satellite image shows Blatten after a glacier in the Swiss Alps partially collapsed and tumbled onto the village, in Blatten, Switzerland May 29, 2025. — Reuters Water trapped behind a mass of glacial debris that this week buried a village and blocked a river in southern Switzerland has sparked warnings that further evacuations may…
