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Pakistan's KSE-100 index recovered more than 900 points on Monday, closing at 163,948.94, after an intraday surge driven by positive investor sentiment over efforts to stabilize global energy routes. Oil prices initially spiked on Iran-US tensions but eased after President Trump announced plans to free stranded ships in the Strait of Hormuz.
The United States has transferred 22 crew members of the Iranian container ship M/V Touska to Pakistan for repatriation, with Islamabad calling it a confidence-building measure. The ship was seized in April for allegedly violating the US naval blockade, and Iran has condemned the seizure as piracy. Pakistan continues to facilitate dialogue between Washington and Tehran.
A 5.2-magnitude earthquake struck near the Tajikistan–Xinjiang border on Monday, with tremors felt in Islamabad and Rawalpindi. The quake, recorded at a depth of 128 kilometers, follows a series of recent seismic activity in the region, according to Pakistan Meteorological Department.
South Korea and Pakistan have begun the first round of Comprehensive Economic Partnership Agreement (CEPA) negotiations, aiming to expand bilateral trade and investment. The talks, conducted virtually over four days, cover economic cooperation, investment, intellectual property, and trade remedies. Bilateral trade currently stands at about $1.57 billion.
Iran has issued a new 14-point peace proposal, but US President Donald Trump rejected it as 'not acceptable.' Meanwhile, ongoing naval clashes in the Strait of Hormuz and shifting Gulf alliances highlight the fragile state of the region.
With a week to go before the Aurat March in Karachi, organisers say they have not received a no-objection certificate, prompting them to appeal to PPP's Aseefa Bhutto Zardari. In a related development, three police officials have been suspended and seven activists were briefly detained and later released on the home minister's orders. The Sindh government had earlier issued an NOC with 28 conditions, but confusion remains over the final status.
Peshawar Zalmi defeated debutants Hyderabad Kingsmen by five wickets in the PSL 11 final at Lahore's Gaddafi Stadium, thanks to Aaron Hardie's all-round brilliance. Hardie took 4-27 and scored an unbeaten 56 to lead his team to their second title, while the Kingsmen's fairytale run ended in defeat.
US President Donald Trump says he will review Iran's new peace proposal but doubts it will be acceptable, as Israeli airstrikes kill civilians in Lebanon and tensions remain high over the Strait of Hormuz. Iran's deputy foreign minister says the ball is in Washington's court, ready for talks or war.
Pakistani authorities have arrested YouTuber Muhammad Saad bin Riaz on charges of recruiting for a banned outfit and possessing extremist material. The case has ignited debate over whether the action is a legitimate counterterrorism measure or a threat to press freedom, with family and colleagues disputing the official allegations.
According to Axios and a Pakistani source cited by Reuters, the United States and Iran are close to signing a one-page memorandum to end their armed conflict, potentially including a 15-year moratorium on uranium enrichment and the transfer of Iran's highly enriched uranium stockpile abroad. The report indicates that talks on the nuclear program would follow a separate 30-day negotiation period, with key details still pending.
US President Donald Trump says he is reviewing a new peace proposal from Iranian negotiators but does not rule out resuming strikes on Iran, while Israel carries out attacks in southern Lebanon despite a fragile ceasefire. Meanwhile, imprisoned Nobel laureate Narges Mohammadi has been hospitalized after a health crisis, with her family and foundation raising alarms over her treatment.
A senior Iranian military officer said renewed conflict with the United States is likely, hours after President Trump expressed dissatisfaction with Tehran's latest negotiating proposal. The war has been on hold since April 8, with one failed round of talks in Pakistan, while tensions remain high over nuclear issues and regional hostilities.
During King Charles III's state visit to the US, New York City Mayor Zohran Mamdani said he would encourage the monarch to return the Koh-i-Noor diamond, a jewel taken from the Indian subcontinent in the 1800s. Mamdani's comments have drawn both attention and criticism, as India has long sought the diamond's return.
US President Donald Trump described US Navy operations seizing Iranian oil tankers as 'like pirates,' calling it 'a very profitable business.' Iran's UN envoy accused Washington of 'state piracy,' and Tehran's military adviser warned of consequences. The US maintains a blockade of Iranian ports, while Iran has blocked the Strait of Hormuz.
Saudi Arabia initially set a minimum age of 15 for Haj pilgrims, but later reversed the decision, allowing children aged 12 and above to perform Haj. Visas rejected under the temporary restriction will be reprocessed, and the Road to Makkah project has been expanded to Lahore.
Pakistan's consumer inflation climbed to nearly 11% year-on-year in April, the first double-digit reading in 21 months, driven by sharp increases in transport and perishable food prices amid rising energy costs. Analysts warn that inflation could exceed 11% if oil prices remain elevated, while the central bank has raised its policy rate to 11.50%.
U.S. President Donald Trump has expressed dissatisfaction with Iran's latest proposal to end the two-month war, rejecting it as 'totally unacceptable' and warning the ceasefire is on 'massive life support.' The proposal, which reportedly defers nuclear talks until after the conflict ends, has failed to meet U.S. demands, according to officials and reports.
Militant attacks in Pakistan fell by 42% in April 2026, marking the second straight monthly decline, according to a report by the Pakistan Institute for Conflict and Security Studies. Fatalities from attacks dropped to 60, while security forces killed 224 militants during the month. The improvement follows a cross-border military campaign against militant groups in early 2026.
Workers worldwide mark International Labour Day with rallies demanding peace, higher wages, and better working conditions, as the Iran war and rising energy prices strain economies. Unions call for solidarity and action against extreme wealth, while regions like Cuba and the Philippines highlight local struggles.
Iranian envoys have reiterated Tehran's preference for diplomatic engagement with Washington, even as they rejected European naval deployments near its coast and asserted that the US 'lost' on the battlefield, as reported by TASS.