For Iran, Trump’s Reversal on Escalation Shows Who Has the Upper Hand
By expanding the arena of fighting in the region, experts say, Tehran sent a warning about the dangers of a widening war.
2 Killed as Firefighting Helicopters Collide in Greece
The aircraft crashed while battling a wildfire northwest of Athens, as Greece fought more than 200 fires in the past week.
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
Auqib Nabi replaces injured Jasprit Bumrah for SL Tests
India have named seamer Auqib Nabi as Jasprit Bumrah’s replacement for the upcoming Test series against Sri Lanka India have named seamer Auqib Nabi as Jasprit Bumrah’s replacement for the upcoming Test series against Sri Lanka, with the 29-year-old receiving his maiden call-up to the national side. The Board of Control for Cricket in India … Read more
Greaves steadies West Indies in second Test against Pakistan
Justin Greaves struck an unbeaten half century as West Indies made a steady start to the second Test against Pakistan. Photo: AFP PORT OF SPAIN: Justin Greaves made an unbeaten 64 to steer West Indies to 239-5 at stumps on a rain-shortened opening day of the second and final Test against Pakistan in Trinidad on … 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
Petroleum deregulation is not enough for energy security
[ A significant increase was recorded in sales of motor gasoline, which rose 9.3% over the previous year amid lower local petroleum prices and increased motor vehicle population. PHOTO: RIAZ AHMED/EXPRESS KARACHI: Petroleum prices in Pakistan have always been more than an economic indicator; they influence inflation, industrial competitiveness, government revenues, and the cost of … Read more