Trump and India Call Off Their Trade War, but the Terms of Peace Are Murky
Officials and business leaders sighed with relief at lower tariffs, as they wait to see what the rest of it means.
Month: February 2026
China’s Xi Jinping urges Uruguay to back ‘orderly multipolar world’ as ties deepen
Countries sign strategic upgrade, with 12 deals on tech, environment, meat trade, IP during Orsi’s visit Uruguayan President Yamandu Orsi walks with Chinese President Xi Jinping in Beijing, China, February 3, 2026. SOURCE: REUTERS BEIJING: China and Uruguay should work together to advance an “equal and orderly multipolar world”, President Xi Jinping told his counterpart … Read more
Sports product exports to China surge
[ BEIJING: Pakistan’s sports product exports to China recorded impressive growth in 2025, with significant gains across a range of categories, including basketballs, footballs, volleyballs, sports gloves and outdoor game equipment. According to the latest data from the General Administration of Customs of China (GACC), Pakistan exported a total of 1,353,927 units of basketballs, footballs … Read more
Trump seeks $1 billion from Harvard University in damages
Follows earlier talks in which Harvard was close to a settlement involving a $500m payment A view of the Business School campus of Harvard University in Cambridge, Massachusetts, U.S., April 15, 2025. PHOTO:REUTERS US President Donald Trump said late on Monday that his administration is seeking $1 billion in damages from Harvard University. “We are … Read more
Wafi Energy may invest up to $100m in Pakistan in 2–3 years
[ ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Monday said sustaining macroeconomic stability and strengthening foreign exchange buffers were central to restoring investor confidence, as Wafi Energy Pakistan Ltd indicated it was considering investments of up to $100 million in Pakistan over the next two to three years. According to a … Read more
Ex-China minister handed life sentence
BEIJING: A court in China said on Monday it had sentenced a former justice minister to life in prison after finding him guilty of accepting bribes totalling almost $20m over more than a decade. Tang Yijun, 64, was China’s justice minister from 2020 to 2023 and held various other positions during his career. Tang abused … Read more
IMF chief says global inflation will fall to 3.8%
[ The government has agreed to the need for a mini-budget if revenues fall short of expectations by end-December 2025, according to the IMF. Photo: file DUBAI: Global inflation is expected to fall to 3.8% this year and to 3.4% in 2027, helped by softer demand and lower energy prices, the IMF chief said on … Read more
ATC issues non-bailable warrants for Aleema
. RAWALPINDI: A Rawalpindi anti-terrorism court on Monday issued non-bailable arrest warrants for Aleema Khan, the sister of incarcerated former prime minister and PTI founder Imran Khan, after she failed to appear in a case linked to the November 26 protest. The court rejected Aleema Khan’s request for exemption from appearance, summoned her guarantors and … Read more
Trump warns of ‘bad things’ if Iran talks fail
US President Donald Trump speaks on the day he announced the creation of a critical mineral reserve, in the Oval Office at the White House, February 2, 2026. PHOTO: REUTERS US President Donald Trump continued to raise the spectre of doom if negotiations with Iran do not pan out, saying Monday that “probably bad things … Read more
5-year plan targets gemstone exports
[ ISLAMABAD: The federal government has decided to introduce a comprehensive five-year plan aimed at promoting the export and regularisation of Pakistan’s precious gemstone sector, which officials estimate to be worth billions of dollars. Under the plan, 610 exporters will be facilitated to participate in exhibitions in international markets over the next five years to … Read more
