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[ Bessent calls recent moves ‘pretty well contained’ as currency slides near 160 per dollar Japan’s Finance Minister Satsuki Katayama speaks to the media about the US-Japan joint forex action upon her arrival at the Finance Ministry in Tokyo, Japan, August 3, 2026. PHOTO: REUTERS Japan and the United States agreed to continue coordinating to achieve “orderly” yen moves, which were … Read more
At least 939 killed, about 600 trapped in hydropower stations as rescue teams restore road networks An arial view shows buildings near Trishuli River damaged and covered in mud following deadly flash floods and a mudslide, in Betrawati Bazaar in Rasuwa district, Nepal, August 30, 2026. PHOTO: REUTERS Nepali rescuers built temporary bridges to reach remote areas and dug through the … Read more
[Oil prices gained more than 2% on Monday after a resumption of military action between the US and Iran rekindled market concerns about global supply disruption, as the conflict extended into its sixth month. Brent crude futures were up $2.17, or 2.46%, to $90.27 a barrel at 1612 GMT. US WTI crude was up $2.06, … Read more
Pakistan’s sweeping Test changes face widespread criticism on Monday, with former players and coaches questioning the decision to overhaul the squad and coaching staff midway through the series against England. The Pakistan Cricket Board released seven players from the squad after heavy defeats in the opening two Tests and brought in seven replacements for the … Read more
Around 200 mm of rain had been records in Rawalpindi; Islamabad records around 150mm of rain in E-11 RAWALPINDI: Torrential rain that began in the early hours of Tuesday caused widespread urban flooding in Rawalpindi and Islamabad, inundating low-lying areas, disrupting traffic and prompting authorities to put emergency services on high alert. According to the … Read more
[ Sunset clouds glow over pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 21, 2026. PHOTO: REUTERS Oil prices gained around $1 on Tuesday as the resumption of fighting between the US and Iran in the Middle East renewed fears of supply disruptions from the world’s key … Read more
Iranian President Masoud Pezeshkian. Photo: Anadolu Agency/File Iran will immediately reciprocate if the US returns to its commitments under an interim deal signed in June, Iranian President Masoud Pezeshkian said on Tuesday at the Shanghai Cooperation Organisation Summit in Bishkek, the Iranian Student News Agency reported. His statements come as earlier Iran warned on Monday that any site … Read more
[ Seek repeal of rule allowing direct contracts with govt entities, demand competitive bidding Pakistan Finance Minister Muhammad Aurangzeb. Photo: Reuters/ File Pakistan’s telecom industry has called for government-owned companies to compete alongside private businesses for public-sector technology projects, arguing that procurement policy should align with the country’s broader push for private-sector-led growth and investment. … Read more
PESHAWAR: The Peshawar High Court (PHC) has sought a detailed report from the Federal Investigation Agency (FIA) on a petition filed by a student who alleged that he was prevented from travelling to Türkiye to pursue nursing studies and was offloaded from his flight at the airport. A two-member bench comprising Justice Syed Arshad Ali … Read more
[ Punjab fills $3b food, agri-export target to KSA, investors urge policy consistency There are apprehensions that some exporters keep part of their proceeds overseas by understating the value of their goods or bringing some as exports of services to avoid income tax, according to sources. photo:file LAHORE: Punjab, long regarded as Pakistan’s food basket, … Read more