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Inflation jumps tofour-year high in US
Americans are souring on the US economy to a degree never before seen, with the stiffest inflation in four years exacerbating the political risk for President Donald Trump, who some administration officials worry has lost focus on affordability problems for voters as he trains attention on the war against Iran. Few issues resonate with US voters more deeply than price increases, and the latest inflationary upswing is unsettling key insiders at the White House, who are worried about their Republ...
PSX surges 11% on Middle East ceasefire
The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) staged a powerful rebound during the outgoing week, surging over 11% on a week-on-week (WoW) basis to close at 167,191 points, as easing geopolitical tensions and improving macroeconomic signals triggered broad-based investor interest. On a day-on-day basis, the PSX commenced the week with a volatile session but had a positive close at 151,208, up 809 points (+0.54%), thereby snapping its seven-week Monday losing streak, which had...
Oil industry fears Rs100b inventory loss
The oil industry has expressed fear that it is going to face an inventory loss of Rs100 billion, which will deal a blow to the entire sector. "The diesel price cut forces them to sell the fuel at a loss of up to Rs135 per litre. The estimated impact – over Rs100 billion in inventory losses – is not just a corporate setback; it is a systemic shock," an industry official said, adding that the steep reduction in diesel prices brought relief but at a hidden cost to Pakistan...
HEC, industry agree to bridge skills gap
Chairman of the Higher Education Commission (HEC) Dr Niaz Ahmed visited the Lahore Chamber of Commerce and Industry (LCCI) and met with President Faheemur Rehman Saigol to discuss strengthening the link between education and industry, improving academic curricula and utilising the potential of young people, according to a statement issued on Saturday. Saigol said that education and industry must be aligned so that skilled manpower can be developed according to modern market needs. He announced...
Pak-Iran transit corridor opened
Trade activities under the Pakistan-Iran transit corridor have formally commenced, with the first export consignment dispatched from Pakistan. Director Transit Trade Customs Sanaullah Abro told The Express Tribune that the inaugural shipment, comprising frozen meat, was transported via refrigerated trucks to Tashkent, Uzbekistan. He said that under the corridor, consignments from Pakistan would be routed through Gwadar and Iran onwards to the Central Asian states. He added that the operational...
High yields cause Rs600b losses
Pakistan's commercial banking sector is bracing for a major financial shock, as a sharp spike in interest rate yields is expected to wipe out more than Rs600 billion in revaluation surpluses within a single quarter. A report by Optimus Capital Management, titled 'Back to Square One', warns that the rapid shift in the fixed-income market has "largely exhausted" the cushion banks had built in recent quarters to absorb volatility. The erosion in these reserves marks a reversa...
India sees Iran-US talks as historic event for Middle East — expert
Robinder Sachdev said that easing tensions between Iran and the United States could benefit the energy markets, the safety of navigation in the Persian Gulf and the Arabian Sea, as well as the balance of power in India's neighboring regions
کاخ سفید: گفتوگوهای سهجانبه آمریکا و جمهوری اسلامی در جریان است
یک مقام ارشد کاخ سفید عصر شنبه اعلام کرد گفتوگوهای سهجانبه و مستقیم میان آمریکا و جمهوری اسلامی با میانجیگری پاکستان در جریان است. او افزود آمریکا «مجموعه کاملی از کارشناسان در حوزههای مرتبط» را اعزام کرده و «کارشناسان بیشتری» نیز از واشینگتن این مذاکرات را پشتیبانی میکنند.
Alleged small boat pilot in court over deaths of four migrants in Channel
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Luna moves to oust Swalwell from House over assault allegations
Rep. Anna Paulina Luna (R-Fla.) on Saturday said she would file a motion to expel California Rep. Eric Swalwell from office, after the Democrat was hit with sexual assault allegations. “I am filing a motion to expel Eric Swalwell from Congress,” the Republican lawmaker wrote on social platform X. A former staffer of Swalwell accused…
Jordan Spieth's errant tee shot hits Masters patron, golf star apologizes with signed glove
It’s been more than a decade since Jordan Spieth won the coveted green jacket, but the three-time major champion returned to historic Augusta National Golf Club for the 90th Masters this week.The second round got underway Friday morning, with Spieth scoring at even par after he played the first 14 holes of the day. At the time, Spieth trailed defending champion Rory McIlroy by five shots.After shooting 72 in Thursday’s opening round, Spieth birdied his first hole Friday. He then parred the next...
Mikel Arteta hopeful for 'immediate' Arsenal injury boost in new three-man update
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Liverpool v Fulham: Premier League – live
⚽️ Premier League updates, 5.30pm BST kick-off at Anfield⚽️ Live scores | Latest table | And follow us on BlueskyArne Slot has said last season’s title triumph “postponed” the end of an era at Liverpool but that the club were under no illusions a rebuild was required when appointing him as Jürgen Klopp’s successor.Two more links to the Klopp era will be removed this summer when Andy Robertson and Mohamed Salah leave on free transfers. Virgil van Dijk, Alisson and Joe Gomez, the remaining playe...
Ex-BBC employee convicted on child porn charges
Dylan Dawes was found guilty after “overwhelming evidence” was presented at Cardiff Crown Court A UK jury has found former BBC producer Dylan Dawes guilty of downloading more than 6,000 child porn images. The verdict was delivered at Cardiff Crown Court on Friday, following a four-day trial. Dawes, who started working for the British public broadcaster in 2001, had pleaded not guilty to the three counts of possessing indecent images and three counts of making indecent images. Dawes...
The King's bank Coutts turns its back on millionaires: Minimum amount clients need to open an account rises from £1m to £3m
The King's bank Coutts turns its back on millionaires: Minimum amount clients need to open an account rises from £1m to £3mGet your news delivered straight to you by 7am – sign up to our new Morning Mail newsletter for FREE By DAVID OLASEINDE Published: 16:06, 11 April 2026 | Updated: 16:06, 11 April 2026 e-mail View comments
Two critical after horror New York train stabbing as police shoot suspect
Two critical after horror New York train stabbing as police shoot suspectPolice have shot the suspect and two people have been hospitalised in critical condition following a reported shooting and stabbing incident at Grand Central Terminal in New YorkNewsEmma O'Neill Content Editor16:05, 11 Apr 2026Updated 16:09, 11 Apr 2026View Image(Image: Getty Images)Two people are fighting for their lives after a horror stabbing on a packed subway platform.Officers were called to Grand Central Termina...
Woman, 24, fell to her death on to dual carriageway after slipping from Good Samaritan's grip
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Police arrest 92 people at protest against Palestine Action ban in central London
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US warships transit Strait of Hormuz: media
Two US warships have reportedly passed through the Strait of Hormuz, the first such transit since the war with Iran began, as President Donald Trump said Saturday that the United States had started "clearing out" the strategic waterway.The US Navy guided-missile destroyers passed through the strait with no issues reported, The Wall Street Journal reported, citing three US officials.Get updated faster and for FREE: Download the Gulf News app now - simply click here. The operation was not coordina...
Blackouts mar board exams day two
Annual examinations conducted under the Board of Secondary Education Karachi faced significant challenges on their second day, as power outages and administrative shortcomings created difficulties for students across the city. The Class IX Computer Studies paper was held in the morning shift, while afternoon exams included compulsory Urdu, Sindhi, and Pakistan Geography (Paper I) for the general group. A total of 385,529 students appeared in the examinations across 521 centres in both morning a...
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