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Iran war: Airlines increase fares in Pakistan

KARACHI: Airfares have surged significantly in Pakistan following an increase in jet fuel prices amid the prevailing war situation, with airlines passing on the additional costs to passengers. The Pakistan government raised the jet fuel price by Rs 154 per litre, bringing the cost to a record Rs 342...

California Governor blames Musk, Trump for surrendering EV market to China

California Governor Gavin Newsom criticized Elon Musk for potentially ceding the EV market to China by shifting Tesla's focus to AI and robotics. Newsom argued this move jeopardizes American supply chains and national security. However, he reserved his sharpest criticism for Donald Trump, accusing h...

35 Pakistani institutions feature in QS university rankings

• Nust, QAU foremost among public sector varsities • Lums secures top billing among business schools • AKU maintains its position as leading medical school LAHORE: As many as 35 Pakistani universities feature in the QS World University Rankings by Subject 2026, released a couple of days ago. At le...

Govt plans tax-free real estate package for overseas Pakistanis amid Gulf uncertainty

ISLAMABAD: The federal government has prepared a new tax-free real estate investment package aimed at attracting overseas Pakistanis, according to sources in the Ministry of Finance. The package aims to remove existing barriers and complexities, making real estate investment in Pakistan more accessi...

BOK Flags Financial Stability Risks as Iran War Fallout Persists

The Bank of Korea said the country’s financial system remained broadly stable in March, but warned that escalating Middle East tensions and structural vulnerabilities could amplify risks across markets.

Meta cuts hundreds of jobs, goes in line with Zuckerberg's previous statement

Meta has initiated layoffs, impacting hundreds of employees globally as part of a significant reorganization. This move follows earlier cost-cutting measures and a focus on AI investments. CEO Mark Zuckerberg highlighted AI's transformative potential, suggesting increased efficiency and a shift towa...

Israeli soldiers torture baby in Gaza to force father’s confession: report

Infant allegedly abused during interrogation near Al-Maghazi camp; father remains in custody

Pop Mart Extends Record Slide After Analysts Cut Price Targets

Pop Mart International Group Ltd. shares fell as much as 9.7% after analysts cut price targets and downgraded their outlooks, citing signs of slowing overseas momentum and growing reliance on the company’s Labubu franchise in its full-year results.

IMF ‘shares’ MEFP with Pakistan for $1.2 bln tranche unlock

The International Monetary Fund (IMF) has shared a draft of the Memorandum of Economic and Financial Policies (MEFP) with Pakistan for unlocking of $1.2 bln tranche, ARY News reported on Thursday, citing sources As per details, progress has been made towards securing a $1.2 billion tranche from the...

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Priyanka Chopra: Dua Lipa ignores her during Bvlgari event

Priyanka Chopra gained public attention once again during the Bvlgari event. In the recent Bvlgari event, Priyanka Chopra was criticised over a video in which she was allegedly being ignored by British Singer Dua Lipa. Some social media users noted that Dua Lipa ignored Chopra because of her perceiv...

Stocks slide, oil gains with Mideast ceasefire prospects centre stage

The widening war has jolted global markets this month, sending oil prices soaring, reigniting inflation fears

A closer look at shipping traffic through the Strait of Hormuz with Gulf oil exports slowed by war

20 million barrels of oil typically flow through the Strait of Hormuz each day but since the Iran war began a trickle of a one million barrels travel through per day. NBC News’ Christine Romans spoke with Matt Smith, Kpler lead analyst who gives a closer look at the traffic through the strait. 

Singapore’s green fuel levy on air travellers delayed over Iran war

Singapore is delaying a sustainable aviation fuel (SAF) levy that airline customers were meant to start paying next month, citing the surge in fuel costs spurred by the Iran war. Additional charges will now begin on October 1 as a result of the “impact of the ongoing conflict in the Middle East on a...

Andrew Hastie open to 25% tax on gas profits and says multinationals have ‘had a really good run’ on Australian wealth

Exclusive: Speaking with the Australian Politics podcast, the Liberal frontbencher says a sovereign wealth fund would set Australians up for generations to comeFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLiberal frontbencher Andrew...

Fed Chair Nominee Warsh May Need Five Years to Really Shrink the Central Bank’s Balance Sheet

Federal Reserve Chair nominee Kevin Warsh wants to significantly shrink the US central bank’s $6.6 trillion balance sheet. He’ll probably need more than one term to do it, according to a top financial economist.

BlackRock’s Kapito Warns Investors Are Mispricing Iran War Risks

BlackRock Inc.’s President Rob Kapito said investors may be underestimating the risks stemming from the Iran war, which are likely to weigh on growth and drive inflation higher even if the conflict ends soon.

Google to label verified investment apps in India amid scam crackdown

Allow only brokers and intermediaries registered ​with ​SEBI ⁠to carry a verified badge

British suppliers to be prioritised for contracts in sectors vital to national security

Policy brought forward as Middle East war highlights fragility of global supply chainsBritish suppliers will be prioritised for public contracts in shipbuilding, steel, AI and energy infrastructure under new guidance marking them out as sectors vital to national security.Departments will also have t...

Iran war could boost China’s ‘petroyuan’ and weaken US dollar dominance, analysts say

The US-Israeli war in Iran could weaken the US dollar’s historic dominance in the oil-rich Middle East and bolster a “petroyuan” alternative backed by China’s currency, according to analysts at a leading European bank. Fallout from the nearly month-long conflict was testing the “foundations of the p...