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Aurangzeb says new investors entering Pakistan despite some firms exiting

[ Finance minister cites 20 foreign investors in 18 months, remittances expected to top $41bn Finance Minister Muhammad Aurangzeb speaking at the Pakistan Policy Dialogue in Islamabad Photo: Screengrab ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb on Wednesday said that while some companies had exited Pakistan due to high taxes and energy costs, new local and … Read more

Seoul’s tie hopes ‘pipe dream’

. Kim Yo Jong, sister of North Korea’s leader Kim Jong Un, has been promoted to a position on the State Affairs Commission. AFP SEOUL: North Korean leader Kim Jong Un’s powerful sister on Tuesday dismissed hopes for improved relations with Seoul as a “pipe dream”, and demanded an apology over an alleged drone incursion … Read more

Nuuk, Copenhagen weigh liberty

. COPENHAGEN: Greenland hopes to cut all ties with Copenhagen, but leaders are proceeding cautiously with independence plans for the Danish self-governing territory despite US President Donald Trump’s threats to take over the Arctic island. Trump has repeatedly claimed that the United States needs Greenland for its national security, while Denmark and Greenland have stressed … Read more

PPP challenges federal role in Rs465b Punjab project

[ Warns financing of Lahore-Bahawalnagar motorway could divert funds from nationally strategic schemes Naveed Qamar. PHOTO: FILE ISLAMABAD: The Speaker of the National Assembly on Tuesday referred the controversy over the federal government’s decision to fund a Rs465 billion motorway project in Punjab to a parliamentary committee, after the Pakistan Peoples Party (PPP) raised objections … Read more

PSX rebounds as retail investors return

[ KARACHI: The Pakistan Stock Exchange (PSX) staged a significant rebound on Tuesday, marking a reversal of the recent corrective sessions, as investors returned to build fresh positions. The benchmark KSE-100 index closed near 184,000, with a gain of over 1,500 points. Earlier, trading opened on a cautious note, when the index edged higher briefly … Read more

Bill, Hillary refuse to testify in House Epstein probe

Former US president Bill Clinton and former US secretary of state Hillary Clinton arrive at Dobbins Air Reserve Base, Marietta, Georgia. Photo: Reuters (file) WASHINGTON: Bill and Hillary Clinton on Tuesday refused to testify in a Republican-led congressional investigation of the late convicted sex offender Jeffrey Epstein, saying it was a partisan exercise. “Every person … Read more

Trump warns Iran of ‘very strong action’ if protestors hanged

At least 734 confirmed dead, Tehran authorities might resort to swift executions to curb dissent Trump said he would be receiving an updated report on the death toll among Iran’s protesters and will ‘act accordingly’ SOURCE: AFP WASHINGTON: President Donald Trump said Tuesday that the United States would react strongly if authorities in Iran started … Read more