Federal Reserve cuts rates by 25 basis points

[ WASHINGTON: The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers responded to concerns about weakness in the job market in a move that won support from most of President Donald Trump’s central … Read more

‘Local investors must step into mining’

[ KARACHI: Pakistan, the modern inheritor of the Indus Valley Civilisation that pioneered the use of copper and bronze 5,000 years ago, is seeking to revive this legacy by inviting international investors to develop its untapped mining industry. Experts have urged local investors to collaborate with global partners to unlock the sector’s estimated $2 to … Read more

Park Chan-wook opens revamped BIFF

south korean director park chan wook actors lee byung hun son ye jin park hee soon lee sung min and yeom hye ran attend a press conference for the opening film no other choice of the 30th busan international film festival at the busan cinema center photo afp

BUSAN, SOUTH KOREA: Celebrated director Park Chan-wook’s star-studded murder comedy will opened Asia’s biggest film festival on Wednesday, which launched its first fully fledged competition lineup as South Korea projected its soft power worldwide. The 30th edition of Busan International Film Festival (BIFF) arrives after the global success of critical works exploring Korean culture and … Read more

Pakistan opens sports tradeshow in Canada

OTTAWA: The week-long Pakistan-Canada Sports Trade show 2025 opened in Toronto, hosted by the Government of Pakistan in partnership with the Canadian Sporting Goods Association (CSGA). According to a statement released Wednesday, the exhibition features 15 Pakistani manufacturers and exporters showcasing internationally acclaimed sporting goods, including footballs, cricket equipment, and accessories. The manufacturers are official … Read more

Red tape delays licences for satellite-based ISPs

[ ISLAMABAD: Satellite-based internet service providers have expressed serious concern over the bureaucratic hurdles in the way of finalising a licensing regime, which can halt investments of millions of dollars. Five satellite-based internet service providers (ISPs), including Starlink, have applied for licences to provide broadband services in Pakistan. But they complain that state-owned entities are … Read more