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Pakistan offers Kuwait strategic oil reserves

[ Minister seeks Gulf partnership to build emergency storage after war exposes vulnerability ISLAMABAD: Pakistan has offered Kuwait the opportunity to build strategic oil reserves in the country to address any future war like situation. At present, Pakistan has no strategic reserves. A United Arab Emirates (UAE) firm, ADNOC, has built such reserves in India, … Read more

Asia stocks turn green as AI cheer trumps Iran, inflation gloom

AI-led exports from South Korea are buffering Asia’s energy price shock, Nomura analysts say Asian stocks found their footing after an initial selloff on Wednesday, helped by a turnaround in Korean shares as revived AI optimism dwarfed concerns about stalled talks between Washington and Tehran and hotter-than-expected US inflation. MSCI’s broadest index of Asia-Pacific shares … Read more

Chinese culture attracts thousands in Argentina

tribune

LUJAN, ARGENTINA: Traditional Chinese music, dance, food and martial arts drew thousands of visitors to the city of Lujan, about 70 kms west of Buenos Aires, Argentina, for a colourful cultural festival, titled “China in Lujan”. The event, held at Ameghino Park, marked its third consecutive annual edition since 2024. The programme featured dragon and … Read more

‘Pakistan will do to Kabul what it did to Delhi’: Khawaja Asif

Defence minister warns Afghanistan of ‘open war’ if Kabul fails to act against terrorists Defence Minister Khawaja Asif speaks at the National Assembly on May 13, 2026. SCREENGRAB ISLAMABAD: Defence Minister Khawaja Asif on Wednesday warned Afghanistan that if Kabul failed to stop harbouring terrorists, Pakistan would respond in the same way it had against … Read more

Auto sales jump 108% in April

[ KARACHI: Auto sales (cars, LCVs, vans, jeeps and EVs) clocked in at 22,000 units in April 2026, up 108% year-on-year (YoY), according to data released by the Pakistan Automotive Manufacturers Association (PAMA) and analysed by Arif Habib Limited (AHL) in a report released on Wednesday. On a cumulative basis, 10MFY26 sales increased 49% YoY … Read more