Mediators intensify US-Iran diplomacy after Trump orders ‘pause’ in strikes: sources
Mediators Pakistan and Qatar have intensified the exchange of messages between the US and Iran…
Mediators intensify US-Iran diplomacy after Trump orders ‘pause’ in strikes: sources
Mediators Pakistan and Qatar have intensified the exchange of messages between the US and Iran after the two warring sides communicated their responses to a joint formula to end their months-long war, Pakistani government sources told Anadolu on Sunday. The development came after US President Donald Trump ordered a “pause” in the latest bombing campaign…
Africa facing $10-$20 billion economic hit from ‘super’ El Niño, AfDB climate chief warns
Flags flutter during the African Development Bank (AfDB) annual meeting, in Abidjan Ivory Coast, May 27, 2025. PHOTO: REUTERS An impending “super” El Niño is likely to inflict a combined $10 billion to $20 billion hit on affected African countries and trigger mass migration from hard-hit areas, the African Development Bank’s top climate expert told Reuters. Forecasters are warning that the El Niño weather pattern — which often drives severe droughts,…
Adopting AI may cut banking fraud
SWIFT RESPONSE: AI-powered systems can analyse millions of transactions in real time, identify unusual behavioural patterns and detect potentially fraudulent activities with far greater accuracy than conventional rule-based monitoring systems. PHOTO:FILE KARACHI: As scams are increasing day by day, the adoption of artificial intelligence (AI) could significantly reduce fraud and cyber scams in Pakistan’s banking…
Karachi likely to receive light rain, drizzle over next two days: PMD
Met Dept warns strong winds, lightning may damage vulnerable structures, heavy rain may trigger urban flooding Traffic moves slowly along Korangi Road during light rain, as headlights and taillights reflect on the wet asphalt, creating a shimmering nighttime scene of cars and motorbikes navigating the slick streets. PHOTO: JALAL QURESHI/EXPRESS KARACHI: Light rain and drizzle…
Economists urge SBP to hold rate at 11.5%
Core inflation stays above 8% as PIDE report warns of oil price shock, external risks KARACHI: With inflation cooling but still refusing to settle, and an uneven economic recovery leaving little room for another monetary squeeze, economists have recommended that the State Bank of Pakistan (SBP) keep its policy rate unchanged at 11.5% at its…
Security forces kill 16 terrorists in Operation Al-Azm in Balochistan
Security sources say forces destroyed multiple militant hideouts, recovered weapons and explosive material Security forces have killed 16 terrorists in ongoing intelligence-based operations under Operation Al-Azm in Balochistan, where multiple militant hideouts have also been destroyed and weapons and explosives recovered, security sources said on Sunday. The intelligence-based operations have been launched in the aftermath…
India to continue US trade talks despite 10% tariff
MUMBAI: India said on Saturday it would continue engaging with the United States to conclude a bilateral trade agreement, after Washington imposed a 10% tariff on imports from the South Asian nation under new trade measures. The Trump administration on Friday unveiled fresh duties of between 10% and 12.5% on goods from 60 trading partners,…
Iran says progress made in talks with Oman on Hormuz shipping mechanisms
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 18, 2026—REUTERS Iran said on Sunday it made progress in talks with Oman on operational mechanisms to ensure the safe passage of ships through the Strait of Hormuz, stressing there has been no change in maritime traffic through the strategic waterway. Foreign Ministry…
Fruit bagging attracts buyers
CREDIT LINE: The minister emphasised that institutions such as the Exim Bank of Pakistan should provide greater financial support to clusters of cottage industries and small-scale processors, enabling them to adopt modern technologies. PHOTO:FILE ISLAMABAD’: Pakistan’s fruit bagging programme has received encouraging feedback from premium international markets in the wake of enhanced quality and marketability…
NAB launches inquiry into PSM land allotment
. KARACHI: NAB has initiated an inquiry into the alleged irregular allotment of five acres of state land in Karachi’s Malir area to a private company as part of its ongoing investigations related to the Pakistan Steel Mills (PSM). According to sources, the five-acre government land was leased to the private company for 99 years….
