The land service branch of Pakistan’s armed forces
Global stock markets have rallied to new highs, driven by optimism over US-Iran peace talks and signs of economic resilience. The S&P 500 and Nasdaq have posted record streaks, while the chip sector continues its record-breaking rally, despite ongoing geopolitical uncertainties and recent war-related disruptions.
The war surrounding Iran continues with US-Iran talks in Qatar and Pakistani mediation intensifying efforts to end the conflict. Iran’s negotiators have met with Gulf allies while Washington has carried out self-defence strikes in southern Iran. A potential memorandum of understanding aims to reopen the Strait of Hormuz and freeze certain sanctions while negotiations on Tehran’s nuclear program proceed.
A Russian-built Mi-17 helicopter crashed on takeoff near Muzaffarabad, Pakistan-administered Kashmir, killing 22 military personnel including officers. An inquiry has been ordered to determine the exact technical cause as protests and security operations unfold in the region.
Cross-border drone and air strikes escalate hostility between Pakistan and Afghanistan. Pakistan reports four drones intercepted from Afghanistan and vows a measured but forceful response; Afghan authorities say air strikes have targeted militant hideouts. Civil casualties rise as both sides accuse each other of aggression amid ongoing tit-for-tat operations.
A privately operated K2 Airways cargo Boeing 737 disappeared after reporting a navigation failure while en route from Sharjah to Karachi. Wreckage has been recovered south of Ormara, but the five crew members remain missing as authorities coordinate ongoing search-and-rescue efforts amid rough seas.