Statue returns to Turkey 65 years later

ISTANBUL: Turkey has repatriated an ancient statue believed to depict Roman emperor Marcus Aurelius from the United States as part of efforts to recover antiquities illegally removed from the country, the government announced on Saturday. The bronze statue, smuggled from the ancient city of Boubon — now the province of Burdur in southwest Turkey — in the … Read more

Afghan refugees risk billions in losses

[ Listen to article ISLAMABAD: As the status of over one million Afghan citizens holding Proof of Registration (PoR) cards hangs in the balance after expiry of their stay limit last month, the refugees are worried about economic losses due to possible disposal of their assets in haste that they built in the past five decades. Although … Read more

FDA gives nod to first ‘game changer’ schizophrenia drug after 30 years

The US Food and Drug Administration (FDA) has approved a groundbreaking drug, Cobenfy (xanomeline and trospium chloride), for the treatment of schizophrenia in adults. Unlike traditional antipsychotic medications that target dopamine receptors, Cobenfy focuses on cholinergic receptors, offering a fresh approach to managing this debilitating mental disorder. Schizophrenia, a severe chronic illness, affects about 1% of … Read more

Software body demands predictable tax system

[ Listen to article ISLAMABAD: The Pakistan Software Houses Association (P@SHA) has called on the government to come up with a long-term, predictable tax and compliance framework for the technology and IT-enabled services (ITeS) sector. P@SHA’s “Continuity & Consistency” reform package, delivered to the Ministry of Finance ahead of the Finance Bill, lays out some changes that … Read more

Bourse hits record close near 140k

[ Listen to article KARACHI: The Pakistan Stock Exchange (PSX) rallied 4,298 points (+3.2% week-on-week) and closed at 138,597, driven by broad-based buying and positive macro developments. The current account recorded a $2.1 billion surplus in FY25, the highest in 22 years, aided by strong remittances. The State Bank of Pakistan’s (SBP) foreign currency reserves rose to … Read more

34 dead in Vietnam tourist boat capsize

HANOI: A tourist boat ferrying families around Vietnam’s Ha Long Bay capsized in a storm on Saturday afternoon, leaving at least 34 people dead, according to state media reports, as rescuers scrambled to locate the missing. The vessel was carrying 48 passengers and five crew members when it capsized in the UNESCO World Heritage site … Read more