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Gold slips as investors await Fed policy decision

[ Gold prices in Pakistan fell on Tuesday, tracking losses in the international market, amid a firmer US dollar and investor caution ahead of the Federal Reserve’s policy decision. In the local market, the price of 24-carat gold dipped by Rs4,300 to Rs427,436 per tola, according to rates issued by the All-Pakistan Gems and Jewellers … Read more

Trump administration bans new Chinese humanoid robots, to protect US AI buildout

Trump administration is aiming to safeguard US AI supply chain from Chinese threats of disruption A humanoid robot at a robotics laboratory during a government-organized media trip in Guangzhou, Guangdong province, China. Photo: Reuters The Trump administration on Tuesday unveiled bans that target imports of new Chinese robots and power inverters, seeking to protect the US AI … Read more

Sharjeel scoffs at Maryam’s remarks

KARACHI: Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit, Sharjeel Inam Memon, reacting to the statement of Punjab Chief Minister Maryam Nawaz, on Tuesday said that the saying, “adding insult to injury”, aptly applies to the Pakistan Muslim League (PML-N). He said that the PML-N’s theft of the innocent Kashmiris’ right … Read more

US says it intercepted Iranian ballistic missiles launched towards US forces in Middle East

The statement by the US Central Command did not mention the exact location it said Iran attempted to target A missile being intercepted. PHOTO: ANADOLU AGENCY The US military said on Tuesday it intercepted multiple ballistic missiles ​launched by Iran towards US forces in the Middle East in what Washington cast ‌as “an attempted surprise attack” by Tehran. The … Read more

PM removes hurdles to refinery policy

[ Policy amendments clear way for investment of billions of dollars in upgrading plants ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday approved amendments to the Brownfield Refinery Policy, removing key bottlenecks that had delayed its implementation and paving the way for billions of dollars in investment to modernise Pakistan’s refining sector. The approval came during … Read more

Second Gwadar bunkering goes operational

[ ISLAMABAD: Pakistan has successfully completed the second marine bunkering operation at Gwadar Port, reinforcing the port’s emergence as a new marine fuel supply destination for international shipping. The operation was carried out by Vitol through its bunker barge Marine Ista, supplying IMO-compliant Very Low Sulphur Fuel Oil (VLSFO) produced by Cnergyico PK Limited to … Read more

Ministers defend AJK polls as 'free and fair'

Special Assistant to the Prime Minister (SAPM) on Political Affairs Rana Sanaullah on Tuesday described the first phase of the Azad Jammu and Kashmir (AJK) Legislative Assembly elections as "peaceful, fair, free and credible", while inviting opposition parties to pursue constitutional remedies if they wished to challenge the results. Addressing a joint press conference alongside … Read more