SBP holds policy rate at 10.5% amid Gulf war

[ State Bank of Pakistan. Photo: File KARACHI: The State Bank of Pakistan (SBP)’s Monetary Policy Committee (MPC) has decided to maintain the policy rate unchanged at 10.5% following its meeting on March 9, 2026. The decision aligns closely with market expectations and recent analyst surveys amid heightened regional geopolitical tensions. The hold comes as the … Read more

China condemns ‘evil designs’ of Taiwan premier’s Japan visit

Cho flew to Japan on Saturday, the first trip by a premier since Japan, Taiwan broke formal diplomatic ties in 1972 Chinese Foreign Ministry spokesperson Guo Jiakun takes a question from a journalist at a press conference in Beijing, China January 7, 2025. PHOTO: REUTERS China on Monday condemned the “evil designs” of Taiwan Premier … Read more

Turkey says it deployed six F-16 fighter jets, air defence systems to northern Cyprus

Move comes after Iranian drone struck British air base in Cyprus last week; Ankara warns of further measures F-16 fighter jet flying on the wing of the Turkish president Recep Tayyip Erdogan’s plane on July 15, 2017. Photo: AFP ANKARA: Turkey on Monday deployed six F-16 fighter jets and air defence systems to northern Cyprus … Read more