Mexico’s China tariffs threaten BYD, Tesla

[ MEXICO CITY/SHANGHAI: Electric car rivals BYD and Tesla are set to be the biggest losers from Mexico’s proposed 50% tariff on autos imported from China, triggering a likely blow to the fast-growing electric car market in Mexico while sparing the traditional “Big Three” US car manufacturers. The proposed tariff, announced on Wednesday, targets electric … Read more

PSX ends week flat after record highs

[ KARACHI: Pakistan Stock Exchange (PSX) traded largely sideways during the outgoing week, with the benchmark KSE-100 index closing at 154,440, up 163 points, or 0.1% week-on-week (WoW). Investors remained cautious amid profit-taking, the prevailing flood situation and the upcoming monetary policy announcement. On a day-on-day basis, the PSX extended its unstoppable rally on Monday, … Read more

‘We’re more than our pain’

nadeen ayoub

DUBAI: Nadeen Ayoub, the first Palestinian to compete in Miss Universe, will step onto the stage at the height of one of the most harrowing periods in her people’s history, determined to show they are more than headlines of war. “We’re more than our struggle and pain,” she told AFP in Dubai, where she is … Read more

Rubio heads to Israel with US allies split over Middle East crisis

US President Donald Trump’s top diplomat, Marco Rubio headed to Israel on Saturday, amid tensions with fellow US allies in the Middle East over Israel’s strike on Hamas leaders in Qatar and expansion of settlements in the occupied West Bank. Speaking to reporters before departure, Rubio reiterated that the US and President Donald Trump were not happy about the strikes. US Secretary … Read more

Pakistan showcases IT capabilities at expo

[ BEIJING: Pakistan’s Ambassador to China Khalil Hashmi inaugurated the Digital Pakistan Pavilion at the China International Fair for Trade in Services (CIFTIS) in Beijing on Thursday, marking a significant step in showcasing the nation’s IT capabilities on a global stage. The pavilion, featuring 15 leading Pakistani tech firms, aims to forge strategic partnerships and … Read more

Nasdaq hits record, traders await Fed meeting

[ SAN FRANCISCO: The Nasdaq notched a record high close on Friday in a mixed trading session, lifted by Microsoft, as investors looked ahead to the Federal Reserve’s policy meeting next week, when it is widely expected to cut interest rates to counter a slowdown in the jobs market. Fuelled by Tesla and other technology-related … Read more

'Jaws' exhibit marks 50 years

tribune

Take one very large shark, a boat (we're gonna need a bigger one of those) and a movie that ran way over budget and you've got all the ingredients of a career-making film for one of Hollywood's most successful directors. Now fans of "Jaws" — Steven Spielberg's terrifying thriller about a man-eating shark — can re-live the … Read more

Nepal returns to calm

KATHMANDU: Nepal’s newly appointed interim prime minister began work on Saturday by visiting young protesters wounded in the deadly anti-corruption rallies that ousted her predecessor. Sushila Karki, the 73-year-old former chief justice, was tasked a day earlier with restoring order and addressing protesters’ demands for a corruption-free future ahead of elections in six months. She … Read more