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Protest demands Torkham reopening

Demonstrators warn of indefinite sit-in if pedestrian movement and trade are not restored KHYBER: A large protest gathering was held at Bacha Khan Chowk in Landi Kotal tehsil of Khyber district against the nearly 10-month closure of the Torkham border. Political and social activists, tribal elders, members of the trading community, customs clearing agents, transporters, … Read more

Oil slumps on hopes of Iran deal, yen firms after intervention

[ The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices skidded and US and European stock futures rose on Monday as hopes of a peace deal ​in the Middle East grew, while the yen firmed to a three-month high after the US and Japan confirmed joint intervention to prop ‌up the frail … Read more

China draws ‘red lines’ around its economic model ahead of EU, US trade talks

Western countries frame China’s policies as mercantilist and opposing global trade rules China is also seeking to expand domestic semiconductor manufacturing capacity and reduce the industry’s reliance on advanced Nvidia chips that are subject to US export controls. PHOTO: REUTERS China is energetically defending its economic policy mix that favours advanced industries over consumption, adopting … Read more

Japan, US confirm joint yen-buying intervention, signal more action

[ A Japanese yen note is seen in this illustration. Photo: Reuters Japan and the ​United States conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan’s finance ministry said on Monday, confirming a rare bilateral action to halt the ‌yen’s slide to fresh 40-year lows. The move underscored both countries’ resolve … Read more

IT sector sets sights high to gain AI edge

[ Tech exports cross $4.6b mark; experts call for shift from low-cost labour to high-value products KARACHI: Pakistan, which set its eyes on $5 billion in IT and IT-enabled services exports, closed the 2025-26 fiscal year with a record $4.6 billion in exports, a roughly 21% rise from $3.814 billion in the previous year. The … Read more