Stan Wawrinka bid farewell to the Monte Carlo Masters as the 2014 champion fell 7-5, 7-5 to Sebastian Baez in the first round. Photo: AFP/FILE MONTE CARLO: Stan Wawrinka bid farewell to the Monte Carlo Masters as the 2014 champion fell 7-5, 7-5 to Sebastian Baez in the first round on Monday.The 41-year-old three-time Grand…
ISLAMABAD: Pakistan could improve economic projections for 2027 after the end of the Iran war, but it is still too early to revise the budget, Finance Minister Muhammad Aurangzeb told Reuters, hours after the US and Iran signed a deal to end the fighting. Damaged energy infrastructure meant supply chains would take time to return…
LONDON: Bayer Leverkusen on Thursday announced the appointment of Spaniard Carles Martinez Novell as manager, replacing former coach Kasper Hjulmand with immediate effect. The 42-year-old Martinez Novell, who stepped down as Toulouse coach at the end of the 2025-26 season, signed a deal running until 2028. The appointment continues the instability in the club’s coaching ranks since the departure…
US imposed new reality in Lebanon, restricting Israel activity under Iran deal, media says Netanyahu hid facts US Secretary of State Marco Rubio attends a bilateral meeting between US President Donald Trump and the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, on the sidelines of the G7 summit, in Evian-les-Bains, France, June 16,…
ISLAMABAD: A great power rests on three pillars: military, diplomacy and economy. Pakistan has achieved many milestones on the military and diplomatic fronts. Two recent events further reinforced our strength. First, the decisive victory in Operation Bunyan Marsoos strengthened Pakistan’s credentials as a formidable military power. It elevated Pakistan’s global profile. Countries began to show…
KARACHI: Pakistan’s mutual fund industry has expanded nearly 6.8 times since 2019, crossing Rs4 trillion in assets under management (AUM) by late 2025. However, the sector’s heavy concentration in low?risk money market instruments is raising concerns about market depth, investor behaviour and systemic liquidity pressures. According to a post by the Overseas Investors Chamber of…
Minister directs resolution of conversion fees issue via stakeholder consultation LAHORE: Provincial Minister for Industries and Commerce Chaudhry Shafay Hussain has assured industrialists that their genuine issues would be addressed on a priority basis, particularly the demand to abolish conversion fees imposed by the Ravi Urban Development Authority (Ruda) in Saggian Industrial Area. The assurance…
Major urban centres like Lahore and Faisalabad are facing fears of a surge in HIV/AIDS cases along with neglected regions such as Taunsa. A recent discussion in the Punjab Assembly highlighted an alarming situation in Taunsa where reported cases have triggered concern among lawmakers. Members of the assembly questioned health authorities’ efforts to contain the…
KARACHI: For millions of Karachi residents struggling with chronic water shortages, the long-awaited K-IV project was supposed to be the solution. Instead, two decades after it was first conceived, the mega water supply scheme remains mired in delays, rising costs and unfinished infrastructure, with officials now indicating that completion may still be at least three…
San Diego police say they are considering shooting at Islamic center a ‘hate crime’ US police responded to a shooting at a mosque in California, with officials saying the threat had been ‘neutralised.’ PHOTO: ANADOLU AGENCY SAN DIEGO: Five people, including two suspected shooters, were killed in a shooting incident at the Islamic Centre of…