Strong dollar, rising yields push gold lower

KARACHI: Gold prices in Pakistan extended their decline on Tuesday, tracking losses in the international market, as a stronger US dollar and rising Treasury yields weighed on bullion, while investors remained cautious ahead of developments in tentative US-Iran talks and the confirmation hearing of Federal Reserve chair nominee Kevin Warsh. In the local market, the…

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PM orders fast-track rules for virtual assets

LAHORE: Prime Minister Shahbaz Sharif on Friday directed that an effective regulatory system for virtual assets in line with international standards should be operationalised as soon as possible The remarks came as Minister of State and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal bin Saqib called on the prime minister. The prime…

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Prophecy, politics & the poetic imagination

PUBLISHED August 17, 2025 KARACHI: To wait for a saviour is to inhabit a paradox — where passivity masks longing, and hope suspends time. This condition resists easy categorisation: it is neither purely mystical nor wholly political, neither naïve faith nor mere deferral. At its core lies a fundamental tension between the unbearable present and…

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BJP accuses U.S. State Department and deep state of targeting India over Adani and Modi

BJP accuses US State Department, ‘deep state’ of destabilising India over Adani, Modi ties. India’s Prime Minister Narendra Modi attends a meeting with Russia’s President Vladimir Putin at the Kremlin in Moscow, Russia July 9, 2024. PHOTO: REUTERS INDIA: Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) has accused the US State Department and “deep…

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Sinner, Zverev reach Madrid Open final

Italy’s Jannik Sinner returns a ball to France’s Arthur Fils during the Madrid Open semi-final clash on Friday at the Caja Magica. Photo: AFP MADRID: World number one Jannik Sinner downed Arthur Fils 6-2, 6-4 on Friday to reach the Madrid Open final, where he will face Alexander Zverev. The second seed dispatched promising Belgian…

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BD police arrest Hasina-era former parliament speaker

Chaudhury has not been seen in public since a deadly mass uprising in 2024 forced Hasina from power Former Jatiya Sangsad Speaker Shirin Sharmin Chaudhury. PHOTO: DAILY SUN Bangladeshi police arrested the former parliament speaker on Tuesday on attempted murder charges, marking the first detention of a prominent figure from Sheikh Hasina’s toppled government under…

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