Author: i2wtc

Pakistan on Wednesday beat hosts Indonesia 2-0 in their second group match in the qualifiers for the 2026 Asian Football Confederation’s (AFC) Women’s Asian Cup, making a comeback from their defeat in the first group match last week. The national squad was drawn in Group ‘D’ of the qualifiers in Jakarta alongside Chinese Taipei, Indonesia and Kyrgyzstan. Pakistan lost their first match of the campaign to Chinese Taipei 8-0 on June 29. Hailing today’s victory as a “milestone in women’s football”, the Pakistan Football Federation (PFF) wrote in an X post, “Pakistan defeats 95th-ranked Indonesia 2-0. Power, passion, and purpose…

ISLAMABAD: Lawmakers in the upper house on Tuesday demanded arms licenses for themselves, prompting Interior Minister Mohsin Naqvi to announce that one prohibited-bore license will be issued to every member of parliament. The meeting of the Senate Standing Committee on Interior, chaired by Senator Faisal Saleem, began with prayers for the victims of the Swat tragedy. Lawmakers raised multiple issues, including arms licenses, illegal housing societies in Islamabad, water shortages and security arrangements for Muharram. Senator Palwasha Khan raised the issue of halted arms license issuance to parliamentarians. In response, Naqvi announced that each member of parliament will be issued…

Microsoft CEO Satya Nadella speaks at Microsoft Build AI Day in Jakarta, Indonesia, on April 30, 2024.Adek Berry | AFP | Getty ImagesMicrosoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different teams, geographies and levels of experience, a person familiar with the matter told CNBC.The announcement comes on the second day of Microsoft’s 2026 fiscal year. Executives at the Redmond, Washington-based company typically unveil reorganizations at the time of the new fiscal year.”We continue to implement organizational changes necessary to best position the company and…

A worker stitches apparels at a garment factory in Vietnam’s Thai Nguyen Province on July 2, 2025. Nhac Nguyen | Afp | Getty ImagesPresident Donald Trump said Wednesday that the United States has struck a trade deal with Vietnam that includes a 20% tariff on the southeast Asian country’s imports to the U.S. Trump’s announcement on Truth Social said that the deal will give the U.S. tariff-free access to Vietnam’s markets.Vietnam also agreed that goods would be hit with a 40% tariff rate if they originated in another country and were transferred to Vietnam for final shipment to the United…

Listen to article ISLAMABAD: Despite the Judicial Commission of Pakistan (JCP) approving, by a slim margin of one vote, the nomination of Justice Sardar Sarfraz Dogar as the Islamabad High Court’s (IHC) chief justice, Justice Syed Mansoor Ali Shah has raised serious constitutional concerns regarding the president’s determination of judges’ seniority at the IHC. Sources reveal that one day before the JCP meeting, Justice Shah addressed a letter to the commission secretary, expressing his reservations over a presidential notification dated June 27, which fixed the seniority of IHC judges. In the letter, Justice Shah noted: “With due deference, it appears that this…

Tesla reported around 384,000 vehicle deliveries in the second quarter, a 14% decline from a year ago, and the second straight quarterly drop. The stock rose about 2% Wednesday.The electric vehicle maker reported 443,956 deliveries and production of 410,831 vehicles during the same period last year.Here are the key numbers:Total deliveries Q2 2025: 384,122 vehiclesTotal production Q2 2025: 410,244 vehiclesWall Street analysts were expecting Tesla to report deliveries of around 387,000 according to FactSet.Deliveries in the first quarter of 2025 dropped 13% from a year earlier to 336,681. Deliveries are the closest approximation of vehicle sales reported by Tesla but are…

Tim Kuniskis, head of NAFTA Passenger Car Brands for Fiat Chrysler Automobiles NV, speaks during the reveal of the Fiat Chrysler 2018 Dodge Challenger SRT Demon sports vehicle ahead of the 2017 New York International Auto Show (NYIAS) in New York, U.S., on Tuesday, April 11, 2017. Mark Kauzlarich | Bloomberg | Getty ImagesNew Stellantis CEO Antonio Filosa, who took over the top job one week ago, has made his first major leadership move, promoting Tim Kuniskis to oversee all American brands and lead marketing and retail strategy in North America.Kuniskis remains CEO of Ram. He now has a broader…

ISLAMABAD: Despite simmering tensions, Pakistan and India adhered to the bilateral agreement on Consular Access, as the two nuclear-armed neighbours, through diplomatic channels, on Tuesday exchanged lists of prisoners in each other’s custody. As part of the agreement signed in 2008, Pakistan and India exchange list of prisoners twice a year on 1st January and 1st July. Given the ongoing tensions, the latest exchange of lists was seen as significant. Many bilateral arrangements between Pakistan and India are under threat after the Pahalgam attack that brought the two countries almost close to a catastrophic war. India before launching strikes inside…

Speaker of the House Mike Johnson (R-LA) speaks with reporters as he returns to his office after going to the House Rules Committee as it holds a hearing to consider the One, Big, Beautiful Bill Act at the U.S. Capitol on July 01, 2025 in Washington, DC. House Republicans began their work on the legislation less than two hours after the Senate passed its version. Chip Somodevilla | Getty Images News | Getty ImagesRepublican leaders in the U.S. House are racing to hold a vote Wednesday on President Donald Trump’s marquee domestic policy package, but weather woes and persistent GOP…

Listen to article KARACHI: Pakistan’s equity market closed FY25 as the top-performing market in Asia, delivering a 60% return and significantly outperforming all major regional peers. This strong performance was driven by macroeconomic stability, structural reforms, and improved investor sentiment, despite global and domestic challenges. Analysts from JS Global and AKD Securities cited a robust recovery in confidence, high trading activity, and strong sectoral performance as key drivers. Waqas Ghani Kukaswadia, Head of Research at JS Global, said the rally reflected a turnaround in investor sentiment due to better economic indicators and policy continuity. According to data from JS Global, Pakistan Stock…