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ME conflict clouds economic outlook

[ Threatens to fuel inflation, widen external pressures and complicate monetary policy KARACHI: Pakistan’s economy is entering a more uncertain phase as the Middle East conflict, sticky inflation and rising external risks threaten to disrupt the fragile macroeconomic stability achieved so far. The conflict has already triggered volatility in international oil markets, with concerns over … Read more

OpenAI says AI models went rogue during testing, triggering ‘unprecedented’ breach at startup

OpenAI logo is seen in this illustration. Photo: Reuters  OpenAI said on Tuesday ‌that an autonomous agent powered by its advanced AI models went rogue during a security test and triggered a hack that compromised the infrastructure of AI startup Hugging Face last week. In a blog post, OpenAI said it was testing the capabilities of some … Read more

New York City mayor calls Netanyahu ‘war criminal,’ urges US to enforce ICC arrest warrant

Mamdani says Netanyahu is ‘not welcome’ in New York as Trump says Israeli PM won’t be arrested in US New York City Mayor Zohran Mamdani speaks about Israeli Prime Minister Benjamin Netanyahu at an unknown location, in this still image taken from handout video released July 21, 2026. PHOTO: REUTERS New York City Mayor Zohran … Read more

Oil extends gains to near six-week highs on new Middle East supply risks

[ The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices extended gains to trade near six-week highs on Wednesday as fears of further supply disruptions intensified after US forces struck Iranian military targets for the 11th straight night, while ​oil tankers made U-turns in the Red Sea after warnings … Read more

Pakistan, China ink EV charging pact

[ ISLAMABAD: Pakistan and China have signed an agreement to strengthen the electric vehicle (EV) ecosystem through local manufacturing and technology transfer, as the government prepares to roll out a new Battery Energy Storage System Policy. Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan witnessed the signing of an … Read more

Under soaring pressure, India’s education minister promises reforms and debate

Supporters of India’s Cockroach Janta Party shout slogans at a protest site, a day after thousands of protesters marched toward parliament demanding the resignation of Education Minister Dharmendra Pradhan over examination paper leaks, at Jantar Mantar in New Delhi, India, July 21, 2026. PHOTO: REUTERS India’s education minister said that Prime Minister Narendra Modi’s administration was committed to addressing the … Read more

Consortia selected for bond, Sukuk issuances

[ FinMin holds meeting with international banks as part of process to establish diversified financing framework Pakistan Finance Minister Muhammad Aurangzeb. Photo: Reuters/ File ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb held a virtual meeting from Washington DC with the senior leadership of consortia of international banks under Pakistan’s Global Medium-Term Note Programme and International … Read more