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Yen jumps on suspected intervention

US stock indexes rose, while most major European markets were closed for holidays SYDNEY/LONDON: Global shares steadied on Friday with investor focus staying on currency markets, after the yen briefly jumped against the dollar for a second straight day. The dollar lost as much as 1% against the yen in a matter of minutes on…

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An Australian’s tears

Hyderabad captain Marnus Labuschagne got emotional following a nail-biting finish against Islamabad United. Photo: HYDERABAD KINGSMEN KARACHI: The match ended, and the players began celebrating the victory. Amidst the celebrations, someone asked, “Where is the captain?” When they looked around, they saw him covering his eyes with his arm, shedding tears. Shortly after, he joined…

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Pakistan, Türkiye reaffirm strategic ties

The Turkish leadership expressed support for Islamabad’s constructive role in addressing regional challenges “Our main objective is the permanent termination of war,” says Dar. PHOTO: ANADOLU ISLAMABAD: FM Ishaq Dar met with Türkiye’s Ambassador Irfan Neziroglu, who called on him at the Ministry of Foreign Affairs on Friday, where both sides reaffirmed their commitment to…

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Steps on to execute refinery policy

ISLAMABAD: The government has become active again amid the US-Iran conflict, taking measures to implement the new oil refinery policy to make the country self-sufficient in oil supplies. The Special Investment Facilitation Council (SIFC) is pushing the relevant ministries to resolve the General Sales Tax (GST) waiver issue. Owing to the GST concession, refineries and…

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Detroit Pistons, Toronto Raptors survive

Cade Cunningham #2 of the Detroit Pistons is guarded by Paolo Banchero #5 of the Orlando Magic during the game during Round One Game Six of the 2026 NBA Playoffs. Photo: AFP LOS ANGELE: The top-seeded Detroit Pistons recovered from the brink of elimination with an astounding comeback against Orlando as the Los Angeles Lakers…

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Airline resumes service as regional tensions ease

Resumption comes after approximately 50 days of halted operations triggered by the Iran-US conflict The first PIA flight to Europe in over four years arrives at the terminal bay at Charles de Gaulle airport in Paris. Pakistan’s state-owned airline resumed flights to Europe after a four-year ban was lifted by EU regulators. Photo: videograb KARACHI:…

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