Marseille see UCL chance slip away

PARIS: Marseille saw the prospect of Champions League football slip further away as they were held to a 1-1 draw by Nice at the Velodrome on Sunday. The Marseille hierarchy hoped a verbal blast from sporting director Medhi Benatia following a pitiful 2-0 defeat to Lorient last weekend would fire the players to a desperately-needed…

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Pakistan, China agree to deepen cooperation in desalination, agriculture, tea production sectors

MoUs aim to enhance cooperation across industrial sectors, strengthen economic, trade, and people-to-people ties President Asif Ali Zardari witnessed the signing of three MoUs between Pakistan and China in Changsha, covering water desalination in Karachi, agricultural technology, and cooperation in the tea sector. PHOTO: PPP Pakistan and China on Monday signed three memorandums of understanding…

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Global financial order in transition

Rising diversification in reserves, payments and energy trade signals slow erosion of dollar centrality KARACHI: US global dominance has long rested on two key pillars: the petrodollar system and the US Treasury bond market. In exchange for security guarantees to oil-rich Gulf monarchies, Washington ensured that their oil is priced and sold in dollars and…

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Hajra Yamin asserts ‘hierarchies’ in TV industry should not take away an actor’s confidence

‘Doctor Bahu’ star opens up on why she follows her heart over social media numbers Actor Hajra Yamin appeared on Buzz to join Hassan Choudary in a discussion regarding hierarchies and success in the entertainment industry. Yamin, who is premiering in the new hit series Doctor Bahu, touched on her accomplishments in the industry, offering advice for fellow…

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Tremors jolt Islamabad, parts of K-P after 5.7-magnitude earthquake in Afghanistan

Epicentre located near Afghanistan border with Tajikistan at a depth of around 170 kilometres ISLAMABAD: Tremors were felt in parts of Islamabad and Khyber-Pakhtunkhwa on Monday after a 5.7-magnitude earthquake struck the Afghanistan–Tajikistan border region, according to the Pakistan Meteorological Department (PMD). In a statement, the PMD said the earthquake occurred at 11:46am, with its…

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War driven costs and opportunities

Transshipment surges at Karachi Port, clean energy shift gains pace amid ME conflict Components of the Dwight D. Eisenhower Carrier Strike Group (IKECSG), guided-missile destroyer USS Stethem (DDG 63) and French Navy frigate FS Languedoc (D 653) transit the Strait of Hormuz on November 25, 2023. PHOTO: REUTERS KARACHI: The US-Iran war and the consequential…

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PSX subdued ahead of SBP monetary policy decision

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a subdued trading session on Monday as investors remained cautious ahead of the highly anticipated monetary policy announcement by the State Bank of Pakistan (SBP). The benchmark KSE-100 Index opened on a dull note and continued to trade in a narrow range, reflecting a clear wait-and-see approach across…

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Can solar save textile industry?

Policy tweaks, particularly shift to net billing, impeding further solar adoption APTMA has been constantly blaming the FBR for its lack of commitment in implementing the agreement it signed with the textile industry regarding the resumption of zero-rated tax regime. PHOTO: FILE FAISALABAD: Pakistan’s textile sector, the backbone of its export economy, is once again…

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