Evergrande founder given life sentence
Sentence in the southern city of Shenzhen included confiscating all of Hui’s personal property HONG…
Evergrande founder given life sentence
Sentence in the southern city of Shenzhen included confiscating all of Hui’s personal property HONG KONG/SHENZHEN: The founder of China Evergrande Group, the world’s most-indebted property developer, was sentenced to life in prison by a Chinese court on Thursday, five years after the firm’s collapse shook the nation’s economy and financial markets. Hui Ka Yan,…
Iga Swiatek into Cincinnati semis
Iga Swiatek reached the semi-finals of the Cincinnati Open in the most unwelcome fashion. Photo: AFP CINCINNATI: Iga Swiatek moved into the semi-finals of the ATP-WTA Cincinnati Masters as Elena Rybakina was forced to retire with a heel injury less than half an hour into their clash Thursday. Rybakina’s withdrawal raised concerns over the fitness…
Iran president says time to end war while in position of strength
US Treasury chief Bessent vows Washington will “collapse” Iran’s regime as war nears six months Iranian President Masoud Pezeshkian speaks during a visit to the shrine of the leader of Iran’s 1979 Islamic Revolution, Ayatollah Ruhollah Khomeini, in southern Tehran, Iran, January 31, 2026. Iran’s Presidential website/WANA (West Asia News Agency)/Handout via REUTERS Iranian President…
PM Shehbaz, Malaysian counterpart express satisfaction over bilateral cooperation
Discuss Gulf situation, bilateral ties, peace efforts during telephonic conversation Prime Minister Shehbaz Shariif and his Malaysian counterpart Anwar Ibrahim. PHOTO: FILE Pakistan and Malaysia on Friday expressed satisfaction over the positive trajectory of bilateral cooperation and vowed to further enhance trade and investment ties to sustain the momentum. The development came during a telephone…
Govt partially meets 19 IMF actions
The government has agreed to the need for a mini-budget if revenues fall short of expectations by end-December 2025, according to the IMF. Photo: file ISLAMABAD: Despite being a top priority for both the International Monetary Fund (IMF) and Prime Minister Shehbaz Sharif, the government managed to complete only four out of 19 actions due…
England crush Pakistan at Headingley
Hosts win first Test by an innings and 103 runs to take a 1-0 lead in three-match series Pakistan suffered a heavy defeat on Friday as England completed an innings and 103 runs victory in the first Test at Headingley, taking a 1-0 lead in the three-match series after dominating with bat and ball. England…
PSX rebounds as KSE-100 gains 575 points on value buying
Market activity remains relatively subdued, with traded volume reaching 677m shares KARACHI: The Pakistan Stock Exchange (PSX) closed on a positive note on Friday as value hunting supported a recovery in select stocks. The benchmark KSE-100 Index rose 575 points to settle near 177,170. PSX witnessed a positive session today, with the KSE-100 Index gaining…
Pakistan, DRC agree to deepen defence, security cooperation: ISPR
Congo defence chief calls on CDF Asim Munir to discuss regional security, bilateral ties in GHQ meeting Chief of Defence Forces and Chief of Army Staff Field Marshal Asim Munir in a meeting with Chief of Defence of the Armed Forces of the Democratic Republic of Congo, Lieutenant General Banza Mwilambwe Jules, in Rawalpindi on…
OMCs seek swift margin revision
Urge govt intervention, saying margins not revised for 3 years despite high costs ISLAMABAD: Pakistan’s leading oil marketing companies (OMCs) have approached the federal government, seeking the petroleum minister’s urgent intervention over continuous delay in revising their regulated margins as mounting financial pressures are threatening the commercial viability of the downstream petroleum sector. In a…
Simmons wary of Australia backlash
Bangladesh coach said his side could not afford complacency against the World Test Championship leaders in Mackay Bangladesh head coach Phil Simmons during practice. Photo: REUTERS DARWIN: Bangladesh coach Phil Simmons has warned his players to expect a fierce backlash from Australia in the second test after his side shocked the cricket world with a nine-wicket victory…
