Iran says deal to end war ‘declaration of US defeat’ US president clashes with Republicans in testy Capitol vi WASHINGTON/TEHRAN: US President Donald Trump said on Wednesday that any final agreement with Iran that included fees on shipping or maritime transit would be “unacceptable” to the US. Speaking to reporters during a meeting…
ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has praised the successful holding of the Pakistan Rice Festival 2026 in the Netherlands, saying such international trade events play an important role in promoting exports and expanding access to new markets, according to a statement issued on Wednesday. The event, held under the theme “From Pakistan’s…
ISLAMABAD: The Federal Board of Revenue (FBR) has designated 11.75 acres of land at Taftan Railway Station as a Land Customs Station, a move aimed at facilitating trade between Pakistan and Iran. The FBR issued a formal notification under the Customs Act, 1969, declaring the area a Land Customs Station, allowing the loading, unloading and…
HOUSTON/ KARACHI: Benchmark oil prices fell more than $3 on Wednesday to their lowest level since before the start of the Iran war as supply concerns eased with more stranded oil tankers exiting the Strait of Hormuz. US crude futures slipped below $70 a barrel, the lowest level since March 2. Brent crude futures were…
FPCCI report says policy, infrastructure bottlenecks blocking vast potential of sector The FPCCI report also identifies visa complexities, weak international marketing, inadequate road infrastructure, poor digital connectivity, security concerns and fragmented governance as major obstacles to tourism growth. PHOTO: REUTERS KARACHI: Pakistan earned $1.15 billion from foreign tourists in 2024, but its citizens spent an…
Colombia’s Daniel Munoz scores a goal that was later disallowed. Photo: REUTERS MEXICO: Daniel Munoz fired Colombia into the World Cup Round of 32 on Tuesday, sealing a 1-0 win over DR Congo in Group K after goalkeeper Lionel Mpasi had threatened to turn the match into a night of frustration. Munoz struck the winner from the…
Stocks staged a strong recovery at the Pakistan Stock Exchange (PSX) on Wednesday, with the benchmark KSE-100 index climbing 1,878.35 points, or 1.06%, to close at 179,571.27 amid broad-based buying across key sectors. The market remained in positive territory throughout the session, touching an intraday high of 179,919.27 before settling slightly lower. The index recorded…
Calls for categorising those contributing to Kashmir cause, says accession remarks weaken Pakistan’s stance Defence Minister Khawaja Asif on Wednesday stood by his recent contentious remarks on Azad Jammu and Kashmir (AJK), calling for a clear distinction between those who had made sacrifices for the Kashmir cause and those who had not. In a television…
England captain Ben Stokes missed the second Test after breaking a midnight curfew. Photo: AFP LONDON: Brendon McCullum has challenged England captain Ben Stokes to use the controversy over his curfew breach as fuel to inspire a series-clinching victory in the third Test against New Zealand. Stokes and fast bowler Gus Atkinson were dropped from…
. LAYYAH: A man killed his brother over a domestic dispute here on Wednesday. According to police, the incident occurred near the railway line at Panwar House in Kot Sultan, where Muhammad Amir Panwar allegedly shot dead his brother Rizwan after an altercation. On information, police rushed to the spot and collected forensic evidence. The…