KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
WASHINGTON: US President Joe Biden said on Thursday the killing of Hamas' leader Ismail Haniyeh was not helpful for reaching a ceasefire in Israel's war in Gaza. There has been an increased risk of an escalation into a broader Middle East war after the assassination of Haniyeh in Iran drew threats of retaliation against Israel.
Hamas and Iran's Revolutionary Guards confirmed the death of Haniyeh, who had participated in internationally-brokered indirect talks on reaching a ceasefire in Gaza.
Anxious residents in Israeli-besieged Gaza feared that Haniyeh's killing on Wednesday would prolong the war.
"It doesn't help," Biden told reporters late on Thursday, when asked if Haniyeh's assassination ruined the chances for a ceasefire agreement.
Biden also said he had a direct conversation with Israeli Prime Minister Benjamin Netanyahu earlier on Thursday.
Netanyahu's government has issued no claim of responsibility but he has said Israel had delivered crushing blows to Iran's proxies of late, including Hamas and Lebanon-based Hezbollah, and would respond forcefully to any attack.
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