Would Anyone Use a Chinese Stablecoin?
[A new law in Hong Kong could pave the way for digital currencies tied to China.
Month: September 2025
Justice Shah ‘indicts’ CJP in blistering letter
ISLAMABAD: In a blistering letter, Supreme Court senior puisne judge Syed Mansoor Ali Shah has accused Chief Justice of Pakistan (CJP) Yahya Afridi of undermining the independence of the apex court, urging him to answer six questions publicly at the judicial conference on September 8. In the seven-page letter dated September 4, Justice Shah said … Read more
Bieber surprises fans with ‘Swag II’
LOS ANGELES: Justin Bieber gave a pleasant surprise to fans, releasing his new album ‘Swag II’ at midnight Thursday, just two months after the release of his first album in four years, Swag, in July.Bieber revealed the news in an Instagram post earlier on Thursday, showing the album’s minimalist all-pink cover art. While no tracklist … Read more
Bilawal seeks ‘agri emergency’ in Punjab
KASUR: PPP Chairman Bilawal Bhutto Zardari on Friday urged the federal government to play a greater role in providing relief to Punjab’s flood-hit areas, while acknowledging that Chief Minister Maryam Nawaz was working diligently. Speaking to flood-affected residents in Kasur, Bilawal said the scale of destruction in Punjab was far greater than what media reports … Read more
PSX smashes through 154,000
[Pakistan Stock Exchange (PSX) closed the week on a strong footing on Friday as the benchmark KSE-100 index surged over 1,600 points to settle at a record high of around 154,280. The rally was spearheaded by the National Bank of Pakistan (NBP), which hit the upper circuit and skyrocketed 9.88% to Rs171.98, after its corporate … Read more
Food prices push yearly SPI to 35-week high
[ KARACHI: Pakistan’s weekly inflation, measured by the Sensitive Price Indicator (SPI), week ending Sep 04, 2025, increased by 1.29% week on week (WoW) and up 5.07% year on year (YoY), which is the highest YoY after 35 weeks. Major increase was observed in the prices of tomatoes, wheat flour, onions, rice basmati broken, garlic, … Read more
UK DPM resigns over tax mistake
LONDON: British Deputy Prime Minister Angela Rayner resigned on Friday after saying she deeply regretted her mistake of underpaying property tax on a new home, in a damaging blow for her boss, Prime Minister Keir Starmer. After Britain’s independent adviser ruled that she had breached the ministerial code by failing to pay the correct tax, … Read more
Gold hits Rs377,900 as global rally nears $3,600
[ KARACHI: Gold prices in Pakistan extended their hiking streak on Friday, mirroring the surge in the international market where bullion rallied to fresh highs. The global price of gold climbed close to the $3,600 per ounce mark after weak US jobs data boosted expectations of a Federal Reserve rate cut, providing further momentum to … Read more
What becomes of Armani fashion empire now?
MILAN/ROME: Giorgio Armani established one of the world’s best-known fashion brands over the past five decades, and his death inevitably raises questions about the future of an Italian company whose independence he cherished. Armani, who died on Thursday at the age of 91, was the sole major shareholder of the company he set up with … Read more
Pakistan stops short of blaming India for floods
ISLAMABAD: Pakistan on Friday stopped short of directly accusing India of using water as a weapon to flood the country, but noted that the information shared by New Delhi about water flows was “not as detailed as in the past” and bypassed the established channel under the Indus Waters Treaty. Moreover, fresh discharge from India … Read more
