US buys yen in a first over a decade

MEXICO CITY: The US Treasury bought yen on Friday to support the battered Japanese currency, the Financial Times reported, marking Washington’s first yen-buying intervention with Tokyo in more than a decade as it languishes near 40-year lows. The Federal Reserve Bank of New York sold euros for yen on behalf of the Treasury through Goldman…

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Two police personnel injured in IED blast near police vehicle in Peshawar

K-P governor strongly condemns blast, expresses wishes for speedy recovery of injured police personnel Peshawar police vehicle targeted in explosive attack. Photo: Express PESHAWAR: Two police personnel were injured in an improvised explosive device (IED) blast near a police mobile vehicle at Pir Zakori Bridge in Peshawar on Sunday, police said. According to police officials,…

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110 more students return from Afghanistan

Border security sources said 70 Pakistani students had also been repatriated about a month ago ISLAMABAD: Another 110 Pakistani students stranded in Afghanistan due to Pakistan-Afghanistan tensions have returned home through the Torkham border, while authorities also allowed 592 Pakistani cargo trucks to re-enter the country. Border security sources said 70 Pakistani students had also…

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Exxon, Chevron warn of continued high fuel prices

HOUSTON: Top US oil producers ExxonMobil and Chevron warn that global supplies of diesel and other refined products will likely remain tight and lead to persistently high prices in the second half of the year as the Iran war continues to cause major energy disruptions. Both companies reported large jumps in second-quarter refining profits on…

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Edwards steps down as Netherlands captain

Scott Edwards has stepped down as captain of the Netherlands men’s cricket team. Photo: ICC/FILE Scott Edwards has stepped down as captain of the Netherlands men’s cricket team after leading the side for more than three years, bringing an end to a tenure that included memorable victories at the 2023 ODI World Cup and steady…

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Second phase of AJK election begins as voting opens in 21 constituencies

Results for all constituencies will be announced two hours after polling concludes The second phase of the 2026 Azad Jammu and Kashmir (AJK) Legislative Assembly general election began on Sunday morning, with polling underway in 21 constituencies, including nine general seats in Muzaffarabad Division and 12 refugee constituencies for Kashmiris residing in different cities across…

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Pakistan welcomes Gaza disarmament deal

Process should culminate in the establishment of an independent, sovereign, contiguous, and viable State of Palestine Foreign Office. Photo: File ISLAMABAD: Pakistan, on Saturday, welcomed the positive developments under the Board of Peace towards the implementation of the Gaza Peace Plan. “Pakistan also appreciates the mediating countries, including the United States of America, Egypt, Qatar,…

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Japan to announce Tokyo, Washington took joint action on yen, sources say

Finance minister Satsuki Katayama reportedly to confirm move Monday, first such effort since 2011 Japanese Finance Minister Satsuki Katayama will announce on Monday that Tokyo and Washington took joint action in the currency market to arrest the yen’s slide to 40-year lows, two Japanese government officials told Reuters. Katayama is likely to stress the two countries’ determination to combat what they consider…

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Das added to Bangladesh Test squad

Bangladesh have recalled experienced wicketkeeper-batter Litton Das for their two-match Test series against Australia. Photo: ICC/File Bangladesh have recalled experienced wicketkeeper-batter Litton Das for their two-match Test series against Australia after he recovered from a calf injury, strengthening a squad already hit by injuries ahead of the tour. Litton was not included in the original…

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