Rybakina, Gauff reach Stuttgart Open quarters

Coco Gauff marched into the quarter-finals of the Stuttgart Open with straight-sets victory. PHOTO: REUTERS/FILE GERMANY: Top two seeds Elena Rybakina and Coco Gauff marched into the quarter-finals of the Stuttgart Open with straight-sets wins on Thursday, as Mirra Andreeva ‌set up a last-eight clash with Wimbledon champion Iga Swiatek.Australian Open champion Rybakina beat Diana…

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Is SBP hiding its exchange rate assumptions?

Existing communication methodology is being reused, repackaged rather than reformed KARACHI: The Monetary Policy Reports (MPRs) published by the State Bank of Pakistan (SBP) try to show the SBP’s intention of transitioning towards a more up-to-date, inflation-targeting framework where the central bank’s timely information sharing becomes crucial. The SBP attempts to pivot towards global best…

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Shopping malls, markets to close at 8pm nationwide except Sindh amid fuel crisis

Premier expresses confidence that Sindh will soon align with federal govt’s decision The federal government on Monday decided to close markets and shopping malls across Punjab, Khyber-Pakhtunkhwa (K-P), Balochistan, Islamabad Capital Territory, Gilgit-Baltistan (G-B), and Azad Jammu and Kashmir by 8 pm in an effort to conserve energy and implement austerity measures. According to the…

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Sikh yatrees head home praising Pakistan hospitality

2,238 pilgrims joined rites at key gurdwaras, praying for peace, harmony and Pakistan-India ties The Vesakhi celebrations, organised by the Evacuee Trust Property Board (ETPB), included religious and cultural events. PHOTO: EXPRESS NEWS Indian Sikh pilgrims are returning home after completing their religious visit to Pakistan, carrying positive impressions of hospitality, facilities and interfaith engagement…

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SECP strengthens AML framework

IBAN verification through SECP-notified entities will be accepted as a valid proof of identity under new framework ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed major amendments to the Anti-money Laundering, Combating the Financing of Terrorism and Countering Proliferation Financing (AML/CFT/CPF) Regulations, 2020 to strengthen anti-money laundering safeguards while enabling fully digital…

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Microsoft to invest $10b in Japan

TOKYO: Microsoft on Friday said it will invest 1.6 trillion yen ($10 billion) in Japan between 2026 and 2029 to expand artificial intelligence (AI) infrastructure and strengthen cybersecurity cooperation with the government. The investment includes the training of 1 million engineers and developers by 2030, Microsoft said, which was unveiled during a visit to Tokyo…

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Gold prices in Pakistan Today

At current prices, the looted gold is worth around $70 million. PHOTO: PIXABAY KARACHI: Gold and silver prices increased in local markets on Friday after a surge in the international bullion market. The price of gold per ounce rose by $30, reaching $4,753. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), in the…

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ESG funds proposed to draw investment

It will allow investors to earn returns while supporting businesses and projects that meet certain standards ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed the launch of environmental, social and governance (ESG) mutual funds to promote sustainable investment and offer new opportunities to investors. The proposed ESG funds will allow investors to…

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Chinese, Taiwanese will unite, says Xi

Chinese President Xi Jinping attends the closing session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China March 12, 2026. REUTERS BEIJING: China’s President Xi Jinping met Taiwan’s opposition party leader Cheng Li-wun in Beijing on Friday, telling the visiting delegation he had “full confidence” that Taiwanese and…

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POL prices slashed amid global fuel ease

Prime Minister Shehbaz Sharif addresses the nation on Friday. SCREENGRAB ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced a reduction of Rs135 per litre in the price of high-speed diesel (HSD) and a Rs12 per litre cut in petrol from Saturday (today), passing on relief to consumers after a decline in international fuel prices. In…

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