Klimt’s masterpiece shatters records

klimt s masterpiece

‘Portrait of Elisabeth Lederer’ sells for $236.4m, marking the second-highest auction price in history NEW YORK: The ‘Portrait of Elisabeth Lederer’, painted by Austrian artist Gustav Klimt between 1914 and 1916 fetched $236.4 million in New York, becoming the second most expensive artwork ever sold at auction. Six bidders battled for 20 minutes over the … Read more

Dar wraps up high-level EU engagements

Pakistan and Hungary on Thursday signed a renewed Memorandum of Understanding (MoU) to extend and expand educational cooperation. Photo: APP BRUSSELS: Pakistan and Hungary on Thursday signed a renewed Memorandum of Understanding (MoU) to extend and expand educational cooperation under the Stipendium Hungaricum Programme for 2026–2028, marking a major boost for academic opportunities available to … Read more

PSX climbs further on back of energy loan

[ KARACHI: The Pakistan Stock Exchange (PSX) extended its bullish momentum on Thursday, when investors drove a broad-based rally across key sectors as they took cue from earnings announcement by an automaker and a $330 million energy loan from the Asian Development Bank (ADB). The benchmark KSE-100 index closed at 162,936.94, marking an increase of … Read more

Results-based philanthropy urged as giving hits Rs25.4b

[ FinMin unveils Social Impact Financing Framework; Skills Impact Bond to link spending with measurable outcomes Finance Minister Muhammad Aurangzeb speaks during a Reuters interview at the 2025 annual IMF/World Bank Spring Meetings in Washington, DC, US, April 25, 2025. Photo: Reuters/ File KARACHI: Finance Minister Muhammad Aurangzeb, reflecting on prospects of improving philanthropy through … Read more

Govt pushes regional digital cooperation

. Shaza also revealed that Chinese satellite internet firms, including Galaxy Space and Shanghai Space, have expressed interest in entering the Pakistani market. PHOTO: APP BISHKEK: Federal Minister for Information Technology and Telecommunications Shaza Fatima Khawaja participated in the 24th CAREC Ministerial Conference, presenting Pakistan’s position on regional digital cooperation, connectivity, and investment opportunities. On … Read more

Foreign tech reliance exposed

[ KARACHI: The recent Cloudflare outage that disrupted services across Pakistan has highlighted the country’s heavy reliance on foreign digital infrastructure, underscoring the urgent need for a national preparedness strategy. When contacted, officials at the Federal Ministry for IT and Telecommunication (ITT) told The Express Tribune that the Government of Pakistan has a robust vigilance … Read more

Mystery toys take over holiday aisles

. NEW YORK: While US consumers scramble for the elusive Pop Mart Labubu, toy makers are rolling out their own cheaper, easier-to-find “blind box” products ahead of the holiday shopping season, aiming to capitalise on the craze sparked by the fuzzy mini monsters. Hot gift lists from stores such as Walmart feature a new crop … Read more