Oil slumps on hopes of Iran deal, yen firms after intervention
The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil…
Oil slumps on hopes of Iran deal, yen firms after intervention
The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices skidded and US and European stock futures rose on Monday as hopes of a peace deal in the Middle East grew, while the yen firmed to a three-month high after the US and Japan confirmed joint intervention to prop up the frail currency….
China draws ‘red lines’ around its economic model ahead of EU, US trade talks
Western countries frame China’s policies as mercantilist and opposing global trade rules China is also seeking to expand domestic semiconductor manufacturing capacity and reduce the industry’s reliance on advanced Nvidia chips that are subject to US export controls. PHOTO: REUTERS China is energetically defending its economic policy mix that favours advanced industries over consumption, adopting…
PML-N leads in second phase
Party ahead in five Muzaffarabad Division constituencies; PPP likely to secure three seats PEOPLE’S VOICE: A woman casts her ballot at a polling station during the second phase of elections for the AJK Legislative Assembly in Muzaffarabad. PHOTO: AFP MUZAFFARABAD: The PML-N was leading in five constituencies in Muzaffarabad Division, while the PPP had won…
Japan, US confirm joint yen-buying intervention, signal more action
A Japanese yen note is seen in this illustration. Photo: Reuters Japan and the United States conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan’s finance ministry said on Monday, confirming a rare bilateral action to halt the yen’s slide to fresh 40-year lows. The move underscored both countries’ resolve to…
Auqib Nabi replaces injured Jasprit Bumrah for SL Tests
India have named seamer Auqib Nabi as Jasprit Bumrah’s replacement for the upcoming Test series against Sri Lanka India have named seamer Auqib Nabi as Jasprit Bumrah’s replacement for the upcoming Test series against Sri Lanka, with the 29-year-old receiving his maiden call-up to the national side. The Board of Control for Cricket in India…
Greaves steadies West Indies in second Test against Pakistan
Justin Greaves struck an unbeaten half century as West Indies made a steady start to the second Test against Pakistan. Photo: AFP PORT OF SPAIN: Justin Greaves made an unbeaten 64 to steer West Indies to 239-5 at stumps on a rain-shortened opening day of the second and final Test against Pakistan in Trinidad on…
Flood threat grows as monsoon intensifies
ISLAMABAD: The National Disaster Management Authority (NDMA) on Sunday warned that water levels in Pakistan’s major rivers are expected to rise significantly between Aug 2 and 4, prompting flood alerts across several regions. The authority urged the public to avoid unnecessary travel to flood-prone areas as heavy monsoon rains continue to intensify. According to the…
Surging M2 undermines export competitiveness
Fiscal financing, credit expansion, bank deposits boosted by remittances expand broad money supply ISLAMABAD’: Pakistan’s export sector continues to underperform despite repeated currency depreciations, IMF-supported stabilisation and periodic policy interventions. Merchandise exports have largely remained between $28-32 billion over the past four years. Exports reached $32.1 billion in FY2025, but declined 6.8% to $30.13 billion…
Ammar, Abu Huraira crowned World Ju-Jitsu Championship Masters champions
The young pair are scheduled to compete again in the Under-21 Duo Show event on Tuesday Pakistan claimed two gold medals and one bronze at the 2026 World Ju-Jitsu Championship in Abu Dhabi, marking one of the country’s most successful performances at the sport’s premier global event and achieving a historic breakthrough in the Masters…
Trump says Iran talks to take place on Monday, sets no deadline for deal
Trump repeatedly issued threats to escalate war on Iran in late February, only to allow more time for talks US President Donald Trump speaks about election security during an address to the nation from the East Room of the White House in Washington, DC, US, July 16, 2026. PHOTO: REUTERS US President Donald Trump said…
