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The Zions Bank headquarters in Salt Lake City, Utah, US, on Monday, July 10, 2023. Kim Raff | Bloomberg | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. On the banksFollowing the discovery of a handful of bad loans from banks, Wall Street has been on the hunt for any other signs of risk in the sector. The regional bank selloff last week overshadowed earnings reports from many major financial institutions.Here’s what to know:Following the panic, investors have zeroed in on…
Customers shop at a market in Zaozhuang City, east China’s Shandong Province, Oct. 15, 2025. China’s gross domestic product (GDP) grew 5.2 percent year on year in the first three quarters of 2025, data from the National Bureau of Statistics (NBS) showed Monday. (Photo by Sun Zhongzhe/Xinhua)BEIJING, Oct. 20 (Xinhua) — China’s gross domestic product (GDP) grew 5.2 percent year on year in the first three quarters of 2025, data from the National Bureau of Statistics (NBS) showed Monday.China’s GDP reached over 101.5 trillion yuan (about 14.3 trillion U.S. dollars) in the first three quarters, NBS data showed.In the third…
KARACHI: When people in an area are deprived of access to basic facilities like electricity and are in dire need of a stable livelihood, the government’s decision to invest in improving the infrastructural landscape appears little more than a surface solution. The ruling party in Sindh, the Pakistan People’s Party (PPP) is set to launch the Lyari Transformation Projectthis year through the Sindh government. The project is aimed at developing the political stronghold in Lyari and will focus on key infrastructure works such as road construction and replacement of water and sewage lines. Residents of the area and civil society…
A worker at Ford’s Kentucky Truck Plant on April 30, 2025.Michael Wayland | CNBCDETROIT — “A lot of cost and a lot of chaos.” That’s how Ford Motor CEO Jim Farley described the state of the automotive industry earlier this year amid geopolitical tensions, tariffs, inflation and other disruptions.All those factors created massive uncertainty for the U.S. automotive industry that led to relatively bearish outlooks for the sector in 2025. Some of those concerns have come to fruition, but the industry has proven to be far more resilient than many had expected.”Six months into the onset of tariffs, we’ve been…
The endangered Longcomb Sawfish caught off the Jiwani coast lies on the jetty, a photo of the fish available on internet shows a pair in an aquarium. Photos: Express/file KARACHI: Like elsewhere across the globe, ‘World Sawfish Day’ was recently observed on October 17 to raise awareness about one of the most endangered marine species. Once found in abundance along the country’s coastline, the sawfish has now become locally extinct, with the last confirmed sighting reported at Khijar Creek in 2018. Marine experts and conservationists say that a combination of factors, including the use of harmful fishing nets, unregulated hunting,…
U.S. President Donald Trump welcomes Ukraine’s President Volodymyr Zelenskyy at the White House in Washington, D.C., U.S., October 17, 2025. Jonathan Ernst | ReutersU.S. President Donald Trump has signaled a shift in support toward Russia’s Vladimir Putin as he looks for a quick end to the war in Ukraine, likely striking fear into Ukrainian officials.Trump held a tense meeting with Ukrainian President Volodymyr Zelenskyy at the White House on Friday, with the potential supply of U.S. long-range cruise missiles, Tomahawks, on the agenda.Zelenskyy walked away from the meeting not only empty-handed, but apparently upbraided by Trump, who suggested Ukraine should…
In line with the government’s decision, the repatriation of Afghan refugees to their homeland is underway KARACHI: The operation to demolish houses in the Gulshan-e-Mimar Afghan settlement continued for the fifth day. So far, over 1200 houses have been bulldozed. Regarding this, Director Anti-Encroachment Ameer Fazal Avesi and SHO Zone 1 Shayan Anjum stated that the Gulshan-e-Maymar Afghan refugee camp covers an area of 215 acres and comprises over 3,200 residential and commercial units. In line with the government’s decision, the repatriation of Afghan refugees to their homeland is underway. Avesi said that houses and buildings constructed on this land…
Amazon Web Services Inc. signage at the Nvidia GPU Technology Conference in San Jose, California, on March 20, 2025.David Paul Morris | Bloomberg | Getty ImagesAmazon Web Services, a leader in the cloud infrastructure market, reported a major outage on Monday, taking down numerous big-name websites.AWS cited an “operational issue” affecting “multiple services” and said it was “working on multiple parallel paths to accelerate recovery,” in an update at 2:01 a.m. PDT.Shortly afterward, AWS said it was seeing “significant signs of recovery.” “Most requests should now be succeeding. We continue to work through a backlog of queued requests. We will…
Both sides will meet again in Istanbul on October 25, where ‘detailed matters will be discussed’Saudi Arabia on Sunday welcomed the announcement of an immediate ceasefire between Pakistan and Afghanistan. Source: x.com/arabnews The Foreign Ministry of the Kingdom of Saudi Arabia welcomed the ceasefire pact signed between Pakistan and Afghanistan on Sunday. The truce was reached during negotiations held in Doha, mediated by Qatar and Turkey. In a post on X, the Saudi foreign ministry described the truce as a “vital step” toward enduring peace between the “brotherly peoples of Pakistan and Afghanistan”. It reaffirmed Riyadh’s support for regional and…
University of Peshawar. PHOTO: FILE PESHAWAR: Once considered the pride of Khyber-Pakhtunkhwa, the University of Peshawar, one of the province’s oldest and largest higher education institutions, is now facing one of the worst admission crises in its history. Due to administrative inefficiency and the government’s neglect, admissions in several departments have dropped sharply this year, leaving the university’s finances in a dire condition. This year, a noticeable shift has occurred with a growing number of students choosing to enroll into private universities and government colleges rather than in the University of Peshawar. The primary reason, according to students and parents,…