Why One Global Shipping Choke Point Isn’t a Blueprint for Another
The Strait of Malacca may be a model for how Oman and Iran could collect fees in the Strait of Hormuz, but the differences between the waterways are vast.
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PM Shehbaz departs for Iran to attend Khamenei’s funeral
After attending funeral in Tehran, prime minister is expected to travel to Istanbul for a bilateral visit to Turkiye Prime Minister Shehbaz Sharif leaves Islamabad on Friday for a one-day visit to Iran, where he is due to attend the funeral of Iran’s late Supreme Leader, Ayatollah Seyyed Ali Khamenei. PHOTO: PMO Prime Minister Shehbaz … Read more
The Hottest Stock Markets Lead to the Biggest Losses
[Investor enthusiasm culminated in some of the worst cases of wealth destruction in the last 100 years, a long-running study shows.
China Defends Widely Criticized ‘Ethnic Unity’ Law
Rights groups and Western officials have criticized the law as a threat to Tibetans, Uyghurs and other minorities. Beijing says the measure aims to protect them.
SBP reserves climb $611m to $16.5b
[ Total deposits stand at $22.1b; gold jumps Rs9,100/tola as global rally gains pace on US employment report KARACHI: The central bank’s foreign exchange reserves recorded a healthy increase during the week ended June 24, 2026 as they rose $611 million to reach $16.53 billion. The increase was mainly driven by government inflows from multilateral … Read more
SBP scraps remittance fee incentive scheme
[ KARACHI: The State Bank of Pakistan (SBP) has discontinued the Telegraphic Transfer Charges Incentive Scheme (TTCIS) with effect from July 1, 2026, ending the reimbursement mechanism under which banks were compensated for waiving telegraphic transfer charges on eligible home remittance transactions. In a circular issued on Thursday, the central bank said the scheme stood … Read more
Trump Jr’s ‘Amazon of guns’ could make millions under new proposed firearm rule
ATF proposal would let licensed dealers ship firearms directly to buyers’ homes, skipping in-store pickup United States President Donald Trump and his son Donald Trump Jr arrive at the White House in Washington, DC, US, May 3, 2026. PHOTO: REUTERS Donald Trump Jr helped take an online retailer known as the “Amazon of guns” public last year. … Read more
Lahore court grants five-day physical remand of four in foreign women assault case
Prosecution sought 14-day physical remand, arguing that further custody was required to investigate allegations Lahore court grants five-day physical remand of four in foreign women assault case LAHORE: A judicial magistrate in Lahore on Friday granted police a five-day physical remand of four suspects arrested in connection with a case involving the alleged rape and … Read more
Tariff cut threatens two-wheeler localisation
[ LAHORE: The government’s decision to reduce the completely built-up unit (CBU) tariff on two-wheelers while maintaining the same tariff for completely knocked-down (CKD) units and parts may prove to be counter-productive for the auto industry in the absence of a structured, time-bound roadmap, say industry stakeholders. According to the new tariff applicable from July … Read more
Imprisoned Chinese Journalist Seeks Medical Parole for Lung Tumor
Dong Yuyu is stuck in a dispute with prison authorities in Beijing over where to get treated for a possible cancer, his family said.