Turkish President Tayyip Erdogan said on Wednesday that Ankara was working to extend a ceasefire between the US and Iran, ease tensions, and ensure the continuation of talks, and added that Turkiye was hopeful of negotiations despite stumbling blocks. Turkiye, a neighbour of Iran, has been in close touch with the US, Iran, and mediator […]
Prime Minister Shehbaz Sharif on Wednesday ordered expedited legal action against all those involved in over-invoicing, terming it a “heinous practice” that went unchecked for years due to institutional negligence. Chairing a weekly review meeting on the affairs of the Federal Board of Revenue (FBR), the premier was briefed on a committee report probing over-invoicing. […]
Gold and silver prices extended their upward trend in both international and local markets on Wednesday, reflecting continued strength in global bullion demand. In the international bullion market, the price of gold rose by $35 per ounce to reach $4,811, marking a further increase during the week. Following the global trend, local bullion markets also […]
Multiple users have been sharing a video on social media platforms X and Facebook since Tuesday, showing Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan allegedly announcing the end of reliance on the US. However, the video is old and does not contain any such statement. The conflict between the United States, Israel, and Iran […]
Buying momentum continued at the Pakistan Stock Exchange (PSX) on Wednesday, with investors reacting positively to the Kingdom of Saudi Arabia’s commitment of an additional $3 billion in deposits for Pakistan, boosting market sentiment early in the session. The benchmark KSE-100 Index, at 12:34pm, stood at 170,347.47 – up 4,712.63 points, or 2.85%. Trading commenced on […]
A giant Iranian crude carrier entered Iranian waters after transiting the Strait of Hormuz despite US blockade threats, Iranian media claimed on Wednesday morning. According to Iran’s Fars News Agency, the supertanker, which it said is capable of carrying around 2 million barrels of crude oil, sailed through international waters and the Strait of Hormuz […]
Iran secretly acquired a Chinese spy satellite in late 2024 that enabled it to target United States military bases across the Middle East during the recent war, the Financial Times reported on Wednesday. The TEE-01B satellite — built and launched by Chinese company Earth Eye Co — was obtained by the Aerospace Force of the […]
US Vice President JD Vance said on Wednesday that President Donald Trump was pursuing a sweeping agreement with Iran rather than a narrower deal. Speaking at an event in the state of Georgia, Vance described ongoing negotiations as part of a broader strategy tied to a fragile ceasefire that has been in place for nearly […]
Nine people were killed, and three others were injured, on Wednesday in Israeli airstrikes targeting multiple areas in southern Lebanon, according to Lebanon’s National News Agency. Civil Defence teams and the Islamic Risala Scout Association recovered four bodies and rescued three wounded from the rubble after an airstrike hit the Al-Khodra complex in the Qadmous […]
An ‘eco-friendly’ range of paper tubes and pouches touted by Yonwoo, a South Korean maker of packaging for cosmetics, has reaped unexpected benefits from the Iran war, which has disrupted supplies of the plastic needed to turn out single-use wrapping. While the conflict has sent prices of plastic soaring to roughly four-year highs by choking […]