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- Govt grants oil exploration license to Kuwaiti firm KUFPEC subsidiary to explore Makhad block; minister says the move will attract investment and bear fruit in future.
- Iranian lawmaker says his country does not want direct or proxy war with US “Under no circumstance will we enter a war,” says Falahatpisheh, the Iranian parliament’s national security chairman.
- WeChat Pay, Alipay banned by Nepal for being unregistered, authorities say Nepal Rastra Bank’s spokesperson says Chinese tourists widely use the digital payment platforms for transactions.
- Salman Shahbaz’s employees’ bank accounts used for money laundering, NAB tells LHC NAB says Hamza benefited from money laundering through these bank accounts.
- Iranian FM likely to visit Pakistan this week The visit will take place amidst Iran’s escalating tensions with the United States.
- Rs9.98bn contract signed for Mohmand dam project Water and Power Development Authority (Wapda) signs the contract with a joint venture (JV) for consultancy services.
- JI plans to launch protests against govt on June 15 Sirajul Haq says while others are concentrating on the price hike, JI is also committed to the accountability process.
- Lahore court reserves verdict on petition seeking FIR against Aurat March participants Police tell court no immoral or illegal act was committed by march participants in front of Governor House Punjab.
- Exit polls predicting BJP victory are ‘fake’, claims Gandhi Polls projected Modi and his allies would return to power with 282-313 seats out of 543 in parliament.
- Qureshi calls for collective effort by SCO member states to meet present day challenges Pakistan, Russia sign joint statement against weaponisation of outer space; Qureshi and Swaraj hold informal dialogue
- Stocks recover 1,195 points amid support fund speculation Rupee rises to Rs151.9 in interbank market and Rs153 in open market.
- FIR filed against Islamabad police officials for negligence in Farishta case Victim’s father says in FIR that police provided explanations instead of filing case or searching for missing girl.
- NAB arrests 3 suspects linked to Nooriabad power project over ‘misappropriation, money laundering’ Arrests made during inquiry into fake accounts case; suspects allegedly caused $16m loss to exchequer.
- PTI not impressed by ‘divided’ opposition’s protest threats The PTI, Chaudhry Muhammad Sarwar emphasised, would not only complete its term but would win the next polls as well.
- Ali Zafar’s witnesses reject harassment allegations in affidavits Witnesses say they did not see any sexual harassment take place during a jamming session on Dec 22, 2017.
- Murad asserts Sindh govt’s authority to transfer police, bureaucracy All promises regarding funds and facilities for Daraza Sharif would be fulfilled, says CM.
- Durrani’s judicial remand extended, IO given one week to file reference NAB arrested Durrani in February to investigate him for allegedly accumulating assets beyond known sources of income.
- Sindh govt to run KCR from own resources amid Centre’s ‘refusal’ Railways ministry is asked by the provincial government to provide over a 100 train’s carriages.
- US controls have no impact, talking to Google: Huawei The Trump administration’s order last week steps up pressure on Huawei, which Washington says is a security risk.
- Over 450 foreign firms attend N. Korea trade fair despite sanctions That number would make it the largest trade fair hosted by North Korea.
- Adidas, Nike, Puma say new tariffs on China would be ‘catastrophic’ In escalating trade war with Beijing, Trump this month increased existing tariffs on $200bn in Chinese imports to 25pc.
- Foreign investment halves to $1.4bn Inflows from China, leading investor in the country, declined by 72 per cent to $429m during the July-April period.
- Imports shrink, exports stagnate, FDI plummets: Current account deficit drops 27pc CAD in April declined to $1.24bn, down 45.4pc from $2.275bn in April 18; Inflows from China declined 72pc to $429m.
- SC moved against suspension of new JIT The LHC had earlier suspended the new JIT on petitions of several police officials facing trial in the Model Town case.
- Over 2,000 apply for Pakistan visa online Nadra receives 739 applications during a single week.
- Cabinet approves Rs100bn scheme for youth 25pc of soft loans to be given to young women enabling them to run their own businesses, says Firdous.
- NAB allowed to grill Nawaz inside jail in vehicles case IHC admits former PM’s petition seeking suspension of sentence.
- KP doctors end strike after successful negotiations with govt Two committees formed: one to look into a minister’s alleged thrashing of a surgeon and the other to review reforms.
- IHC grants interim bail to Zardari till June 13 Bench grants interim bail to Zardari against Rs200,000 surety bonds.
- ‘Quite possible’ Iran behind Gulf attacks, says Pompeo Yemen’s Houthi rebels claimed responsibility last week for a drone strike on a major east-west pipeline in Saudi Arabia.
- Pakistan’s World Cup kit unveiled The kit has different shades of green from dark to a lighter one.
- Asif Kapadia’s documentary retraces rise and fall of Maradona Kapadia this week premiered the result, “Diego Maradona,” at the Cannes Film Festival.
- After World Cup selection dream comes true, Wahab vows to give his best Wahab wasn’t even in the 23-member probables’ list for the recently-concluded series against England.
- Mercurial Pakistan pin World Cup hopes on rising generation Pakistan stole a march on their rivals by arriving early in England to play a five-match one-day series.
