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ISLAMABAD: The Judicial Commission of Pakistan (JCP) is scheduled to meet on July 1 to consider appointments of permanent chief justices to the Islamabad High Court (IHC), the Sindh High Court (SHC), the Peshawar High Court (PHC) and the Balochistan High Court (BHC). The JCP meeting will be convened in Islamabad under the chairmanship of the chief justice of Pakistan, Yahya Afridi, at 2pm. After deliberations, the commission will propose the name of one of the three most senior judges from each high court for elevation to the top position. Interestingly, a CB of the Supreme Court on Thursday unveiled…

Lionel Bonaventure | Afp | Getty ImagesCoinbase has secured a license from Luxembourg to offer crypto services across the European Union and will make the country its central hub in the region.The U.S. crypto exchange’s main European base has been in Ireland since 2023.Coinbase said Friday that it obtained its Markets in Crypto Assets (MiCA) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF).MiCA is a sweeping regulation that aims to create a harmonized legal framework for crypto across all 27 EU member states. The rules, which came fully into force late last year, also aim to reduce risks…

Shares of Kroger rose about 9% on Friday as the supermarket operator raised its full-year sales outlook and said it’s drawing shoppers seeking lower-priced store brands and cheaper alternatives to dining out.The Cincinnati-based grocer said it now expects identical sales, excluding fuel, to increase by 2.25% and 3.25% year over year, higher than its previous expectations for an increase of between 2% and 3%. Identical sales is an industry-specific metric that takes out one-time factors, such as store openings, closures and renovations. Kroger include stores and delivery sales in regions that have been in operation for five full quarters in…

ISLAMABAD: Lawmakers from the treasury and opposition benches on Thursday welcomed improved economic indicators and emphasized the need for bipartisan efforts to sustain economic progress and promote inclusive growth. Resuming the budget debate, Raja Qamar-ul-Islam of the Pakistan Muslim League-Nawaz (PML-N) praised the budget as historic and lauded the role of Pakistan’s armed forces in sending a firm message to India. He expressed confidence that the budget 2025-26 would pave the way for sustainable economic growth in the country. Amir Dogar of the Sunni Ittehad Council (SIC) criticized the government for overlooking the agriculture sector and called for raising the…

Tesla’s long-overdue robotaxi is finally hitting the streets this weekend, but the rollout may face some roadblocks.The Elon Musk-led electric vehicle company is expected to roll out robotaxis in Austin, Texas, on June 22, with the first driverless trip from the factory to a customer house expected on his birthday, June 28.Musk shared news of the tentative debut in a post to social media platform X last week.Here’s what we know about the Tesla event so far.When and whereThe launch will include a limited number of Tesla vehicles debuting in Austin on June 22. The initial rides will be in…

This photo taken on June 19, 2025 shows a view of Kunming Dianchi International Convention and Exhibition Center, the venue for the 9th China-South Asia Expo in Kunming, southwest China’s Yunnan Province. (Xinhua/Hu Chao)KUNMING, June 20 (Xinhua) — Senior officials from multiple countries attending the opening ceremony of the 9th China-South Asia Expo on Thursday highly praised the event for providing new opportunities to boost trade and regional cooperation.The expo in the southwestern Chinese city of Kunming has drawn representatives from over 70 countries, regions and international organizations, as well as over 2,500 enterprises.”The China-South Asia Expo is a great…

Listen to article ISLAMABAD: The Senate on Thursday passed the Civil Servants (Amendment) Bill, 2025, aimed at enhancing transparency and enabling public access to asset declarations of senior government officials. The bill, moved by Senator Azam Nazeer Tarar on behalf of Senator Ahmed Khan Cheema, Minister for Establishment, seeks to amend the Civil Servants Act, 1973, as reported by the Standing Committee. The legislation is intended to further operationalise the Government Servants (Conduct) Rules, 1964 — specifically Rules 12, 13, and 13-A — and align them with the provisions of the Right to Information Act, 2017. Under the proposed framework, asset declarations…

Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing and Washington.The U.S. company posted on the Chinese social media service Weibo that the project would be the largest of its kind in China when completed.Utility-scale battery energy storage systems help electricity grids keep supply and demand in balance. They are increasingly needed to bridge the supply-demand mismatch caused by intermittent energy sources such as solar and wind.Chinese media outlet Yicai first reported that the deal, worth 4 billion yuan ($556 million), had been signed by Tesla, the local…

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China Summit in Shanghai, China, on Thursday, May 22, 2025. Qilai Shen | Bloomberg | Getty ImagesOnce a laggard in the online investing game, JPMorgan Chase now believes it is a leader.The bank on Friday is set to unveil new tools that allow investors to research and purchase bonds and brokered CDs through its mobile app, CNBC is first to report.Users can set up customized screens and compare bond yields on the same banking app or web portal that…

An aerial drone photo taken on June 16, 2025 shows the Jinling Shipyard in Nanjing, east China’s Jiangsu Province. (Photo by Yang Suping/Xinhua)by Xinhua writers Wu Qiong, Tang ShiningBEIJING, June 20 (Xinhua) — As China accelerates its high-quality development drive, innovation has emerged as the cornerstone of economic transformation. Eastern coastal powerhouse provinces like Zhejiang and Jiangsu are at the forefront of this shift, harnessing cutting-edge technologies to empower industrial upgrades and green transformation.From humanoid robots streamlining assembly lines to AI-driven hardware and advanced gene sequencing systems, innovation is reshaping both traditional industries and high-tech sectors in Jiangsu Province, a…