Author: i2wtc

Withdrawal applications to be filed after cabinet minutes received, leaving no pending cases from May protestsProtestors throw stones after police fire tear gas to disperse them in Lahore on May 9, 2023. PHOTO: REUTERS Khyber-Pakhtunkhwa government plans to withdraw more than 55 cases filed against PTI workers during protests on May 9 and 10 after a cabinet decision. Advocate General Shah Faisal Utmankhel said 319 cases were registered during the protests. Most of the accused have been acquitted or discharged due to insufficient evidence. The 55 pending cases will be withdrawn once cabinet meeting minutes are received, and Additional Advocate…

Stocks eked out gains Friday and closed the week higher after the Federal Reserve’s favorite inflation gauge added to the case for an interest rate cut next week. For the week, the S & P 500 rose 0.3%, while the Nasdaq added nearly 1%. Both indexes logged back-to-back weekly gains. The Dow gained roughly 0.5%. On Friday morning, the government’s September personal consumption expenditures price index showed a cooler-than-expected year-over-year increase in the core rate, which excludes food and energy prices. While the PCE report was delayed because of the government shutdown, it was welcome news in a data-starved market…

Go back a decade and most Americans had never heard of Huawei. Today, the Chinese telecom giant is a symbol of how quickly China can dominate a strategic technology sector and in the process create new national security and market threats for U.S. government and industry.Democratic Senator Mark Warner of Virginia, the top Democrat on the Senate Select Committee on Intelligence, is now worried about another Chinese company that he predicts will eclipse Huawei in both scale and consequence: BGI. It is not building cell towers or smartphones for the 5G era. It is collecting DNA.”If Huawei was big, BGI…

Approves adding PTI leaders to the travel ban list after reviewing recommendations from Punjab Home DepartmentThe Jinnah House (Lahore Corps Commander House), which was set afire by supporters of former prime minister Imran Khan during a protest against his arrest, in Lahore, on May 9, 2023. PHOTO: Reuters/FILE The federal government has decided to place several Pakistan Tehreek-e-Insaf leaders on the Exit Control List in connection with cases stemming from the May 9 incident, sources told Express News. According to officials familiar with the development, the government has approved adding a number of senior PTI figures to the travel ban list…

The dust of the city coated everything – the flags, the crisp new doboks, the hopeful faces of fathers shepherding their children. After 18 years, this was Karachi’s welcome: not a red carpet, but a gritty testament. The National Games had come home. The city, in its quintessential fashion, demanded a pilgrimage. For the first Games on its soil after 18 years, it offered an obstacle course of its own making – cranes standing like sentinels over diverted roads that formed labyrinths of progress. But through the grit and the detours, they came. A river of colour, athletes from every…

Tourists receive a Spring Festival decoration carrying the Chinese “Fu” character, which symbolizes good fortune, at the immigration area at Terminal 3 of Beijing Capital International Airport in Beijing, capital of China, Jan. 28, 2025. (Xinhua/Chen Zhonghao)BEIJING, Dec. 6 (Xinhua) — More than 20 million exit and entry passenger trips had been recorded via Beijing exit and entry frontier inspection stations so far this year as of early Saturday morning, the highest number since 2020, according to local authorities.This figure, of which foreign passengers accounted for 30 percent, is 1.1 times the level of the whole of 2024, the Beijing…

Roughly 1 in 7 people are leaving unclaimed property on the table, according to the National Association of Unclaimed Property Administrators. While the recent heavy selling in bitcoin and ether is rightly getting all the short-term attention, this estate planning issue is a longer-term one that’s likely to be exacerbated as crypto adoption and ownership increase. Many people neglect to account for cryptocurrency in their estate plans, or they don’t let their heirs know how to access their crypto holdings. With surveys in recent years from Gallup and Pew Research estimating that 14% to 17% of U.S. adults have owned…

This photo taken on Aug. 12, 2024 shows the Drum Tower seen from the Jingshan Hill on the Beijing Central Axis on a sunny day in Beijing, capital of China. (Xinhua/Li Xin)”We all aspire to a stable international system in which states focus their efforts on development and on raising the living standards of our peoples,” said former Egyptian diplomat Ali El-Hefny.CAIRO, Dec. 6 (Xinhua) — The one-China principle remains fundamental to regional and global stability, and any violation undermines the foundation of the post-World War II international order, said Ali El-Hefny, secretary general of the Egyptian Council for Foreign…

KARACHI: Despite recording a weekly contraction, Pakistan’s broad money supply (M2) marked a cumulative rise of Rs4.385 trillion year-on-year. According to data compiled by Optimus Capital Management, M2 stood at Rs39.715 trillion, down Rs269 billion week-on-week, driven primarily by a reduction in total deposits held with banks, while credit to the private sector and government borrowing patterns reflected mixed movements within the financial system, marking a cumulative rise of Rs4.10 trillion since the beginning of the calendar year and Rs4.385 trillion year-on-year. The weekly decline was led by a drop of Rs201 billion in total deposits with banks, which stood…

Mitchell Starc made a late-career bid for all-rounder status when he scored a half-century and grabbed two wickets under the Gabba floodlights to push Australia to the brink of victory at the close of day three of the second Ashes Test on Saturday. Tailender Starc made 77 in a sparkling 141-ball knock to help Australia to a 177-run lead before working his magic with the pink ball as England staggered to 134 for six at stumps, still 43 runs short of making Australia bat again. Ben Stokes and Will Jacks were both four not out, tasked with restoring a shred…