Author: i2wtc

Pakistan remained unbeaten in the Asian Youth Netball Championship after defeating Maldives 49-39 on Tuesday to cruise into the semi-final. Today’s play marked the Green Shirts’ fifth and final group match at the Jeonju Hwasan Gymnasium in South Korea, and puts them at the top of Pool B with 10 points. The first quarter saw tough competition with the Pakistan scoring 14-12 against the Maldives, who dominated in the second quarter to end at 24-26 at halftime. Pakistan marginally took the lead in the third quarter at 35-32 before ending the match at 49-39. According to the new format introduced…

Elon Musk announced his new company xAI, which he says has the goal to understand the true nature of the universe.Jaap Arriens | Nurphoto | Getty ImagesXAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said.Half of that sum was clinched through secured notes and term loans, while a separate $5 billion was secured through strategic equity investment, the bank said on Monday.The funding gives xAI more firepower to build out infrastructure and develop its Grok AI chatbot as it looks to compete with bitter rival OpenAI, as well…

The Pakistan Stock Exchange (PSX) opened the new fiscal year 2025–26 on a bullish note, with benchmark KSE-100 Index surging by 2,300.18 points during intra-day trading. The current index is at 127,927.49, up 1.83% from the previous close of 125,627.31. The market touched an intraday high of 128,149.46, while the lowest level recorded during the session was 126,113.27. Total traded volume stood at 198.08 million shares, with a trading value of Rs16.83 billion   . Analysts attributed the rally to positive investor sentiment supported by signs of economic and political stability, as well as optimism around fiscal reforms announced in…

MIAMI GARDENS: Harry Kane scored twice as Bayern Munich overcame determined resistance from Flamengo to book their place in the Club World Cup quarter-finals with an entertaining 4-2 victory on Sunday. Vincent Kompany’s side will now play European champions Paris St-Germain in Atlanta on Saturday for a place in the last four. Flamengo, backed by a huge and passionate following at Hard Rock Stadium, bow out of the tournament despite a performance of real determination from Filipe Luis’s team. It took just six minutes for Bayern to grab the lead when Joshua Kimmich whipped in a corner and Flamengo defender…

ISLAMABAD: The federal government on Monday night made a massive increase in the prices of petroleum products for the next fortnight, seen as an impact of the 12-day Iran-Israel war that nearly threatened to engulf the entire Middle East region. According to a notification issued by the Finance Division, the price of petrol was jacked up by Rs8.36 per litre and that of high-speed diesel (HSD) by Rs10.39 per litre for the period of July 1 to 15. The prices were raised on the recommendation of the Oil and Gas Regulatory Authority (Ogra). “The Government has decided to revise the…

LAHORE: The inaugural SNGPL All Pakistan Ranking Badminton tournament culminated at the POF Wah Complex on Sunday night, with athletes from Wapda and Army securing top honours across all categories. Irfan Saeed of Wapda delivered a commanding performance to claim the men’s crown, overpowering department-mate Mohammad Ali Larosh 21-9, 21-12. The women’s title was secured by Army’s Ammarah Ishtiaq, who demonstrated her prowess with a solid 21-18, 21-12 victory against fellow Army player Alja Tariq. The doubles events featured successful cross-organisational partnerships. In the men’s doubles final, the pairing of singles runner-up Ali and Raja Zulqarnain Haider (Army) emerged victorious…

UNITED NATIONS: Pakistan is set to assume the presidency of the United Nations Security Council for the month of July 2025 on Tuesday (today), with Ambassador Asim Iftikhar Ahmad pledging to uphold multilateralism and international law while steering the 15-member body’s work. “Pakistan’s Presidency will be transparent, inclusive and responsive,” the Pakistani envoy told APP correspondent at the UN, as he prepares to face the challenges ahead. The presidency of the Security Council – the world body’s power centre – is part of Pakistan’s two-year term as a non-permanent member of the UNSC, which began in January 2025. The presidency…

Digital illustration of a glowing world map with “AI” text across multiple continents, representing the global presence and integration of artificial intelligence. Fotograzia | Moment | Getty ImagesAs artificial intelligence becomes more democratized, it is important for emerging economies to build their own “sovereign AI,” panelists told CNBC’s East Tech West conference in Bangkok, Thailand, on Friday.In general, sovereign AI refers to a nation’s ability to control its own AI technologies, data and related infrastructure, ensuring strategic autonomy while meeting its unique priorities and security needs.However, this sovereignty has been lacking, according to panelist Kasima Tharnpipitchai, head of AI strategy…

The Pakistan Meteorological Department (PMD) has issued a detailed forecast for the ongoing monsoon season, with moist currents from the Arabian Sea and Bay of Bengal penetrating the upper parts of the country. A westerly wave is also impacting the northern regions, increasing the likelihood of rain, thunderstorms, and heavy falls over the next two days. Monday was expected to bring hot and humid weather to most of Pakistan, but isolated rain-wind/thundershowers are predicted for areas in Kashmir, upper Punjab, Potohar region, Islamabad, and upper/central Khyber Pakhtunkhwa. The possibility of isolated heavy falls in these regions has also been highlighted.…

A staff member sets parameters before welding at Guangdong Lyric Robot Automation Co., Ltd. in Huizhou, south China’s Guangdong Province, June 27, 2025. (Xinhua/Deng Hua)GUANGZHOU, June 30 (Xinhua) — Guangdong Province has been bolstering its pivot cities including Guangzhou, Shenzhen, Foshan and Dongguan to engage in manufacturing intelligent equipment, an effort to build an industrial cluster for manufacturing high-end equipment. In 2024, the province’s operating revenue from the high-end equipment manufacturing reached 390.565 billion yuan (54.5 billion U.S. dollars) with the total profit standing at 18.873 billion yuan (2.63 billion U.S. dollars).This photo taken on June 29, 2025 shows a…