In 2006-07, a 1 percent withholding tax was imposed on commercial imports of gold in the country. Photo: Express News Gold prices surged sharply in both international and local markets, reaching unprecedented levels amid geopolitical tensions and strong demand. Spot gold prices surpassed $4,300 per ounce for the first time on Thursday, gaining 7.6% this…
Ben KingBusiness reporter Getty Images The UK’s stock market has fallen after a warning from two US banks triggered a sell-off in banking shares. Two US regional lenders, Western Alliance Bank and Zions Bank, said on Thursday that they had been hit by either bad or fraudulent loans, sparking fears of problems in the banking…
Oct 17, 2025, 08:00 AM ET What’s a midseason top 25 supposed to look like? As we head into Week 8, we’ve certainly seen new stars emerge (hello, Fernando Mendoza!) and we’ve seen some highly anticipated seasons falter, but with so many games left to play, it’s hard to separate the flash in the pan…
An investigation from British media regulator Ofcom has found that the BBC documentary Gaza: How to Survive a Warzone broke broadcasting rules for being “materially misleading” to audiences. Ofcom released its findings —described as a “serious breach” of Ofcom rules — Friday, and demanded the BBC broadcast a live statement on the investigation results in…
When Indonesia confirmed its US$9 billion purchase of 42 Chinese J-10C fighter jets last week, observers across Asia and the West did a double-take. The Southeast Asian nation – already engaged in an extensive Rafale program with France, a pending Turkish KAAN order and long-standing US military ties – is now flying squarely between two…
The South Korean Air Force Black Eagles aerobatic team perform during Seoul International Aerospace & Defense Exhibition (ADEX) in Seongnam. Source: Reuters South Korea kicked off its largest-ever arms fair on Friday, with firms expected to show off new unmanned and artificial intelligence-enhanced weapons from howitzers to suicide drones, as Seoul seeks to strengthen its…
Oct 16, 2025, 07:00 AM ET STATE COLLEGE, Pa. — Two nights before James Franklin’s final game at Penn State, an unranked Clarkson University men’s hockey team scored on the fourth-ranked Nittany Lions a minute after puck drop. Behind the net, students erupted into chants of “Fire Franklin” — and resumed the chant after every…
A transport businessman who was starting construction on a plot on the outskirts of Karachi has been threatened by extortionists who have demanded one million rupees, it emerged on Friday. Complainant Sarfaraz Ali told the Shah Latif Police that when construction began on his plot four men turned up on two motorcycles, brandishing pistols. They…
BBC Varun lost his entire life savings after he was a victim of romance fraud on a dating app Romance fraud, a growing crime that targets both the heart and the pocket, saw an estimated £106m lost by UK victims in the past financial year. One of those who lost money and a romance was…
Pinterest is taking new steps to reduce the amount of AI slop its users are seeing. The service is adding settings that allow people to “dial down” AI-generated content in a number of categories that are “highly-prone” to such imagery, the company said in an update. While most social platforms have grappled with how to…
