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Swiss housing market faces correction risk

[ A logo of watchmaker Rolex adorns a building on Grendel Street during a rainy day at Schwanenplatz in Lucerne, Switzerland (via: Reuters) GENEVA: Switzerland’s financial market regulator warned on Saturday of growing risks in the housing market, saying banks were stretching mortgage lending criteria as property prices continue to climb. “The risk in the … Read more

Eurovision rewrites rulebook

new system the european broadcasting union said that the number of votes each viewer can cast will be halved from 20 to 10 to prevent distorted voting outcomes photo agencies

new system: The European Broadcasting Union said that the number of votes each viewer can cast will be halved from 20 to 10 to prevent distorted voting outcomes. Photo: agencies GENEVA: Organisers of the Eurovision Song Contest announced sweeping changes to the competition’s voting system on Friday, setting out what they described as a necessary … Read more

Govt denies any move on 28th amendment

Federal Minister Dr Tariq Fazal Chaudhry on Saturday dismissed speculation that the government was preparing the 28th constitutional amendment, saying that no such proposal was currently under consideration. He clarified that the only scenario in which the amendment may be introduced is if political consensus emerged over provisions that the government had originally intended to … Read more

Tunisians protest against political, economic conditions

. Tunisians demonstrate against their president’s regime in Tunis on November 22, 2025. Photo: AFP TUNIS: Thousands of Tunisians gathered on Saturday in the capital to protest against the jailing of government critics, the curtailing of liberties and economic conditions in the North African country. At least 2,000 people, including activists and political party members, … Read more

IMF opposes purchasing rule tweaks

[ ISLAMABAD: The International Monetary Fund (IMF) has slammed federal and Punjab governments for amending public procurement rules to award contracts to state departments without bidding and observes that some of these firms are subletting the contracts to private companies in an opaque manner. The IMF has asked Pakistan to end preferences for state-owned enterprises … Read more

BD quake death toll rises to 10

. Men mourn the death of their relatives outside a hospital morgue following an earthquake in Dhaka, Bangladesh. Photo: Reuters DHAKA: Two minor tremors hit Bangladesh on Saturday, a day after a powerful earthquake struck outside the capital Dhaka and killed at least 10 people. A 3.3-magnitude jolt was recorded in Narshingdi district, east of … Read more

‘Pakkay Dost’ returns to revive childhood learning

pakkay dost photo express

UNICEF-backed season aims to make Urdu fun while filling Pakistan’s gap in quality children’s programming Pakkay Dost. Photo: Express KARACHI: A major Children Day celebration in Karachi placed renewed national focus on early childhood development and culturally rooted programming as renowned musician Bilal Maqsood launched ‘Pakkay Dost: Season Bachpan Bemisal’ in collaboration with UNICEF during … Read more

PM panel urges rupee adjustment

ISLAMABAD: The prime minister’s panel on industrialisation has recommended letting the rupee gain its true value to ensure a competitive environment for exporters and revisiting trade liberalisation to protect domestic industries. The private sector-led Working Group on Industrialisation submitted its recommendations to Prime Minister Shehbaz Sharif this week. The panel’s proposals are part of efforts … Read more

UAE announces $1b AI investment in Africa

[ Initiative will bring tech to areas such as education, healthcare, climate adaptation An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. PHOTO: REUTERS/FILE JOHANNESBURG: The United Arab Emirates (UAE) said on Saturday it will invest $1 billion to expand artificial intelligence (AI) infrastructure … Read more