SINGAPORE (Reuters) – Asia stocks gained on Friday, as global markets struggled to recover from a violent selloff, but gold reached a new high as global trade tensions escalated, making investors apprehensive and prompting a flight to safe-haven assets. Relief at the prospect of a US government shutdown buoyed marketsContinue Reading
ISLAMABAD (Channel News Pakistan) Another new Malaysian airline has announced the commencement of flight operations in Pakistan, Channel News Pakistan reported on Thursday. The Pakistan Civil Aviation Authority (CAA) has given Airasia authorization to operate flights. Airasia will resume flights to Karachi on May 30. Initially, the business plans toContinue Reading
LAHORE (Web Desk) – Pakistan against Ireland and Scotland vs the West Indies will begin the qualifying campaign in Lahore on April 9, ahead of the women’s ODI World Cup, which will be held in India in October of this year. Bangladesh and Thailand, the other two teams competing inContinue Reading
SLAMABAD – Three new ministers have been added to the federal cabinet, along with their respective ministries. Federal Minister Imran Shah, Minister of State Armaghan Subhani, and Dr Shazra Mansab all took the oath. The newly appointed ministers were sworn in by Acting President Syed Yousuf Raza Gilani at theContinue Reading
The head of the joint investigative team (JIT) looking into the violent episodes of May 9 resigned on Friday. Imran Kishwar, Punjab Police Deputy Inspector General (DIG), led the JIT and has resigned from his position. According to Channel News Pakistan, Imran Kishwar has resigned from Pakistan’s Police Service. InContinue Reading
A day after US and Ukrainian officials decided to present the idea to Moscow, the United States said on Wednesday that it was requesting Russia to “unconditionally” consent to a month-long ceasefire in Ukraine. According to Ukrainian President Volodymyr Zelensky, Kyiv had demonstrated that it was prepared to accept theContinue Reading
The Foxtrot Network, a Swedish group allegedly responsible for assaults against Israeli interests in Europe on behalf of Iran, was sanctioned by the United States on Wednesday. In addition to imposing sanctions on Foxtrot’s commander, Rawa Majid, the US Treasury and State Departments described the group as one of Sweden’sContinue Reading
In a rare merciful decision on Wednesday, a Russian journalist who was found guilty of “justifying terrorism” and faced six years in jail was released with a fine. According to Russian news outlets, Nadezhda Kevorkova was convicted by a judge at a military court in Moscow of “publicly justifying andContinue Reading
On Wednesday, the Bank of Canada cut its main lending rate by 25 basis points to 2.75 percent, warning that “heightened trade tensions” might disrupt the year’s solid economic start. “The Canadian economy entered 2025 in a solid position,” with low inflation and “robust GDP growth,” the bank stated. “However,Continue Reading
Former West Indies fast bowler Andy Roberts has challenged the International Cricket Council (ICC), stating that it favors the Board of Control for Cricket in India (BCCI). He expressed issue over India’s schedule in the just concluded ICC Champions Trophy 2025 and last year’s T20 World Cup. The Champions TrophyContinue Reading
