Tokyo: Japanese automaker Toyota has announced it will reduce its global vehicle production by 38,000 units by November due to the ongoing crisis in West Asia. According to Kyodo News, the cuts will primarily affect trucks manufactured for the Middle Eastern market. The latest reduction follows earlier cuts of 20,000 units in March and 24,000…
Washington/Tehran: Uncertainty surrounding a potential US-Iran ceasefire has sent shockwaves through global financial markets. Brent crude oil surged nearly 5 percent, reaching $95.16 per barrel, as investors braced for further escalation in the Middle East. US S&P 500 futures fell 0.6 percent while European futures dropped 1.1 percent. Asian markets, however, showed a mixed picture…
Berlin: A Sikh place of worship in Germany turned into a battleground as a violent confrontation between rival factions broke out, resulting in gunfire and leaving 11 people injured. Eyewitnesses said the dispute erupted between members of the gurdwara’s former and current management committees, reportedly over a financial disagreement involving community funds. More than 40…
Budapest: Hungary’s newly elected Prime Minister Peter Magyar has declared that his government will arrest any world leader who holds an active arrest warrant from the International Criminal Court (ICC). When asked by a journalist whether Israeli Prime Minister Benjamin Netanyahu would be detained if he visited Hungary, Magyar confirmed that the law would apply…
Washington: US Vice President JD Vance is set to depart for Pakistan today to hold talks with an Iranian delegation, diplomatic sources confirmed. Vance is scheduled to leave Washington in the early hours of Tuesday (US time), which corresponds to 2:00 PM Pakistan Standard Time. According to sources, the Vice President will make a brief…
Islamabad: In preparation for the possible second round of negotiations between the United States and Iran, extraordinary security measures have been put in place across the federal capital Islamabad.All routes leading to the Red Zone and Extended Red Zone have been completely sealed off. Heavy deployment of police, Rangers, FC, and other law enforcement personnel…
Islamabad: Pakistan’s Drug Regulatory Authority of Pakistan (DRAP) has formally requested the Pakistan Telecommunication Authority (PTA) to immediately block multiple websites and social media pages involved in the online promotion and illegal sale of medicines.DRAP has identified several online platforms actively selling drugs and has expressed serious concern over the unregulated trade. The authority warned…
By Muhammad Shahzad | Lahore, PakistanLAHORE: The Lahore High Court (LHC) on Tuesday adjourned the hearing of appeal pleas filed by leaders of Pakistan Tehreek-e-Insaf (PTI) against their convictions in cases related to the May 9 incidents, without any proceedings.A two-member bench headed by Justice Shehbaz Rizvi took up the appeals, including those filed by…
By Dr Ansab Ali | Lahore, PakistanLAHORE: The Government of Punjab has released funds for a diesel subsidy project aimed at providing relief to farmers amid rising petroleum prices.According to an official statement, the Finance Department has disbursed Rs 1.60 billion for farmers registered under the Kissan Card programme.Under the scheme, farmers owning up to…
By Farzana Chaudhry | Lahore, PakistanLAHORE: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has highlighted the transformative potential of Pakistan-China cooperation under China-Pakistan Economic Corridor 2.0, alongside the government’s proposed $1 billion Artificial Intelligence (AI) fund, in driving Pakistan’s transition toward a robust digital economy.President PCJCCI Nazir Hussain described the AI fund…
