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US, Bahrain push UN-backed action for Hormuz

NEW YORK: UN Security Council members will begin talks on Tuesday on a US-and Bahrain backed draft resolution that could lead to sanctions against Iran, and potentially authorise force, if Tehran fails to halt attacks and threats to commercial shipping in the Strait of Hormuz, three Western diplomats said. Fresh exchanges of fire on Monday … Read more

Pakistani celebrities reimagine met gala 2026 with AI-generated looks

Pakistani stars join Met Gala buzz by sharing creative AI-generated red carpet looks for Instagram As the Met Gala 2026 dominated social conversations in New York City, Pakistani celebrities joined the trend in creative and unexpected ways, showcasing AI-generated versions of their own red carpet looks. Pakistani stars took to Instagram to share their digitally … Read more

Financial sector grows 15%

[ KARACHI: The State Bank of Pakistan (SBP) has issued its annual flagship publication, the Financial Stability Review (FSR) for CY25, highlighting that the financial sector grew by 15.1% during calendar year 2025. The financial depth, measured by the assets-to-GDP ratio, increased to 67.1% while risks to financial stability subsided during the year. Banks’ balance … Read more

Banks reject 91% of e-bike requests

[ ISLAMABAD: Commercial banks have shown little enthusiasm for the prime minister’s scheme to deliver subsidised electric bikes, approving only 4,075 applications, about 9% of those received, forcing the government to make major policy changes on Tuesday. With such a low approval rate, the government is set to miss its annual target of distributing 116,000 … Read more