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This photo taken on Sept. 24, 2025 shows posters of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, South Korea, Sept. 24, 2025. (Photo by Jun Hyosang/Xinhua)People from all walks of life in South Korea are looking forward to the upcoming visit of Chinese President Xi Jinping from Oct. 30 to Nov. 1.SEOUL, Oct. 29 (Xinhua) — Chinese President Xi Jinping will attend the 32nd Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in Gyeongju and pay a state visit to South Korea from Oct. 30 to Nov. 1 at the invitation of South Korean President Lee Jae-myung.People from all walks…
ISLAMABAD: The Islamabad High Court (IHC) newly constituted bench that was supposed to resume hearing a plea that accused IHC judge Tariq Mehmood Jahangiri of having a dubious LLB degree also stands dissolved. A division bench, consisting of Chief Justice Sardar Muhammad Sarfraz Dogar and Justice Muhammad Azam Khan on September 16 stopped Justice Jahangiri from performing his duties as it issued notices on the petition filed by Mian Dawood Advocate. The IHC judge and a number of his colleagues had later moved the Supreme Court, which on September 30 set aside the interim order of the division bench. Meanwhile…
Norges BankKristian Helgesen/Bloomberg | Bloomberg | Getty ImagesNorway’s $2 trillion sovereign wealth fund — the largest of its kind in the world — on Wednesday reported a 5.8% return during the third quarter, powered by strong stock market gains across mining, telecommunications and financial services.Norges Bank Investment Management (NBIM) manages the fund on behalf of the Norwegian population. Set up in the 1990s to invest excess revenues from Norway’s oil and gas industry, the enormous fund currently invests in assets across 70 countries.At the end of September, the Government Pension Fund Global had a value of 20.4 trillion Norwegian kroner ($2 trillion),…
Around 165,000 Pakistani students study abroad, yet very few pay taxes in Pakistan, NAB chief noted ISLAMABAD: National Accountability Bureau (NAB) Chairman Lt Gen (retd) Nazir Ahmad Butt has said that the top accountability watchdog will approach parliament with a request to reduce the current Rs500 million threshold required for initiating action in corruption cases. “NAB will ask parliament to lower this threshold, as many have started planning corruption below Rs500 million to evade prosecution,” the NAB chief said on Tuesday in his first press briefing since assuming charge of the organisation in March 2023. After the ouster of the…
ISLAMABAD: The federal government has appointed Syed Khurram Ali, a grade-21 officer of the Police Service of Pakistan, as the new director general (DG) of the National Cyber Crime Investigation Agency (NCCIA). A notification issued by the Establishment Division on Tuesday confirmed that Syed Khurram Ali, who had been serving under the Punjab government, will now head the Interior Ministry’s key cybercrime investigation body. The appointment was made with the approval of the federal cabinet. The former NCCIA DG, Waqar-ud-Din Syed, has been directed to report to the Establishment Division following his removal from the post amid reports of alleged…
Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., on April 30, 2025.Leah Millis | ReutersNvidia CEO Jensen Huang is headed to South Korea, one of the company’s most important markets, ahead of meeting there between U.S. President Donald Trump and his Chinese counterpart Xi Jinping.For Huang, it’s expected to be a trip that mixes business and politics with a meeting with Trump on the cards as well as execs from South Korea’s biggest firms such as Samsung and SK Group.Market watchers will also be looking out for…
OpenAI CEO Sam Altman (L) shakes hands with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington, U.S., on May 21, 2024. Jason Redmond | Afp | Getty Images Investors can’t get enough of artificial intelligence, despite worries over the sector’s excessively high valuations.The S&P 500, Dow Jones Industrial Average and Nasdaq Composite rose Tuesday stateside, with all three notching new intraday highs. The major averages were juiced by gains in tech. Nvidia popped nearly 5%, while Microsoft climbed roughly 2%.Both Apple…
Pakistan’s energy sector marked a historic milestone on Wednesday with the arrival of the country’s largest US crude oil tanker, MT Pegasus, at the Cnergyico oil terminal in Balochistan. The vessel, carrying one million barrels of West Texas Intermediate (WTI) crude, is the first-ever US crude oil cargo to dock at a Pakistani port. The import marks the formal start of crude trade between Pakistan and the United States following a bilateral trade agreement. According to Cnergyico, the MT Pegasus departed from Houston on September 14 and berthed at the company’s Single Point Mooring (SPM) offshore terminal today. The company…
A general view of JLR signage at the Jaguar Land Rover vehicle manufacturing plant in Castle Bromwich on September 30, 2025 in Birmingham, United Kingdom.Christopher Furlong | Getty Images News | Getty ImagesA major cyberattack on Jaguar Land Rover, considered the most expensive security breach in British history, has prompted experts to question whether the U.K. is equipped to handle a rapidly growing cyber threat.The Cyber Monitoring Centre, a cybersecurity body, recently estimated the hack of Britain’s biggest automaker to have cost the U.K. a whopping £1.9 billion ($2.5 billion), a figure that represents the substantial disruption caused to JLR’s…
Minister for Information and Broadcasting Attaullah Tarar. PHOTO: APP ISLAMABAD: The dialogue between Pakistan and the Afghan Taliban regime in Istanbul to salvage a peace deal has failed, Information Minister Ataullah Tarar announced on the social media platform X late on Tuesday. In his post, the minister said the security of the people of Pakistan is of paramount importance, and the government would employ all its resources to decimate terrorists, their sanctuaries, abetters, and supporters. Tarar thanked Qatar, Turkiye, and other friendly states for their support and sincere efforts to bring about a peaceful solution to the problem of terrorism,…