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Prime Minister Shehbaz Sharif. Photo: File ISLAMABAD: Prime Minister Shehbaz Sharif on Friday highlighted the significance of the CPEC and transnational rail and road projects, saying that the connectivity initiatives would synergise the economic strengths of regional countries and usher in a new era of enhanced trade, economic and energy cooperation in the region and beyond. The prime minister, addressing the concluding session of the two-day Regional Transport Ministers Conference held here, said that the cooperation in the trade and economic spheres was a win-win proposition, offering rich dividends to all. “This would strengthen our common stake in peace, and…
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.More than a third of the condo apartments sold in Manhattan over roughly the past year sold at a loss, although the top end of the market fared better, according to a new report.Despite the steady stream of headlines about eye-popping sales and soaring prices in Manhattan real estate, the median price per square foot for Manhattan condos is essentially flat from a decade ago, according to a report from Brown Harris Stevens. One in…
Cameron Pappas, owner of Norton’s FloristNorton’sFor Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away.While companies like Nvidia, Alphabet and Broadcom are lifting the stock market to fresh highs and bolstering GDP, Pappas is experiencing what’s happening in the real economy, one that’s far removed from Wall Street and Silicon Valley.Small businesses like Norton’s, and companies of all sizes in retail, construction and hospitality, are struggling from higher costs brought by the Trump administration’s sweeping tariffs, and as downbeat consumers reduce their spending.”We’ve just got an eagle eye on all of our costs,”…
ISPR says 8 terrorists killed during Tank IBO, SP Asad Zubair among three martyred in Hangu, Police kill two RAWALPINDI: Security forces carried out an intelligence-based operation (IBO) in Tank district and killed eight “Khwarij belonging to the Indian proxy Fitna al Khwarij”, the Inter-Services Public Relations (ISPR) said in a press release, referring to the outlawed Tehreek-e-Taliban Pakistan (TTP). “During the conduct of the operation, own troops effectively engaged Khwarij locations, and after an intense fire exchange, eight Indian-sponsored Khwarij were sent to hell,” the ISPR stated. “Weapons and ammunition were also recovered from the killed Khwarij.” According to…
Five-member constitutional bench (CB) headed by Justice Amin-ud-Din Khan will hear case on October 27 ISLAMABAD: The Supreme Court has fixed for hearing the appeals filed by opposition leaders in the Senate and National Assembly, Shibli Faraz and Omar Ayub, against their disqualification. A five-member constitutional bench (CB) headed by Justice Amin-ud-Din Khan will hear the case on October 27. Justice Jamal Khan Mandokhail, Justice Muhammad Ali Mazhar, Justice Hasan Azhar Rizvi and Justice Shakeel Ahmad are also part of the bench. A special Anti-Terrorism Court (ATC) in Faisalabad on July 31 sentenced senior PTI leaders Omar Ayub Khan, Shibli…
A costumer uses a robot vacuum cleaner at his home in Seoul, South Korea, Oct. 13, 2025. At a large shopping mall in Seoul, South Korea, a Chinese brand’s robot vacuum cleaner attracted bustling crowds. A Roborock robot vacuum cleaner, equipped with a robotic arm, precisely picked up a sock, rotated, and threw it into a box, drawing cheers from the audience.According to data from a U.S. research firm, Roborock holds over 50 percent market share in South Korea’s robot vacuum cleaner market, firmly securing the top position, with a dominance market share exceeding 70 percent in the high-end market.Beyond…
Since July 22, numerous unauthorised exchange outlets have been closed after the military intelligence agency summoned currency dealers to address the rising dollar rate in the open market. photo: file ISLAMABAD: Pakistan received $1.82 billion in external funding during the first quarter (JulySeptember) of fiscal year 202526, reflecting a 39% increase from the same period last year, according to the Ministry of Economic Affairs. Officials stated that in September 2025, external inflows declined 26.47% year-on-year but the overall funding for the JulySeptember quarter still rose sharply. During the corresponding period of the previous fiscal year, external funding had amounted to…
U.S. President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty ImagesTop economic officials from the U.S. and China kickstarted talks in Kuala Lumpur on Saturday to avert an escalation of their trade war and ensure that a meeting happens next week between U.S. President Donald Trump and Chinese President Xi Jinping. The talks on the sidelines of the Association of Southeast Asian Nations summit will chart a path forward after Trump threatened new 100%…
Thai PM Anutin Charnvirakul cancels ASEAN and APEC trips after Queen Mother’s death Thailand’s Queen Mother Sirikit, who brought glamour and elegance to a postwar revival in the country’s monarchy and who, in later years, would occasionally wade into politics, has died aged 93, the Thai Royal Household Bureau said on Saturday. Sirikit had been out of the public eye since a stroke in 2012. The palace said she had been hospitalised since 2019 due to several illnesses and developed a bloodstream infection on October 17 before passing away late on Friday. A mourning period of one year has been…
The world’s largest aircraft carrier USS Gerald R. Ford seen in the North Sea during NATO Neptune Strike 2025 exercise on September 24, 2025 in the North Sea. Jonathan Klein | Afp | Getty ImagesPresident Donald Trump dramatically escalated a U.S. military buildup in the Caribbean on Friday by deploying the Gerald Ford aircraft carrier group to Latin America, a show of force that far exceeds any past counter-narcotics need and represents Washington’s most muscular move yet in the Latin America region.”The enhanced U.S. force presence in the USSOUTHCOM AOR will bolster U.S. capacity to detect, monitor, and disrupt illicit…