Pakistan’s trade deficit narrowed by 42.25% to $5.29 billion in 3MFY24 mainly due to a massive reduction in imports, a direct result of administratively-controlled measures. The country’s trade balance, gap between exports and imports, was recorded at a deficit of $5.29 billion in July to September period of the year 2023-24 as compared to $9.16 billion in the same period …

The UAE has emerged as a “key market” for luxury carmaker Automobili Lamborghini as it focuses on customisation and premium customer service, reported Arabian Business on Monday. Dubai also boasts the world’s largest dedicated Lamborghini dealer facility as the city “strives to build a vibrant community and connect like-minded individuals who share a profound respect for the brand’s heritage and …

Pakistan refiner Cnergyico has imported the country’s first private-sector shipment of Russian crude oil, it said on Monday, as the cash-strapped nation takes advantage of Moscow’s discounts on its oil exports. The South Asian nation has started snapping up crude oil that Russia has discounted after its exports were banned from European markets over Russia’s invasion of Ukraine. Pakistan’s first …

Former US president Donald Trump will appear in a New York court on Monday as a civil fraud trial against him and two of his sons kicks off, with the case threatening the Republican’s business empire as he campaigns to retake the White House. In Monday’s case, Judge Arthur Engoron has already ruled that Trump and his sons Eric and …

Turkiye said it unleashed air strikes on militant targets in northern Iraq and detained suspects in Istanbul overnight, hours after Kurdish militants said they orchestrated the first bomb attack in the capital Ankara in years. On Sunday morning, two attackers detonated a bomb near government buildings in Ankara, leaving them both dead and wounding two police officers. The outlawed Kurdistan …

Bank of the Future Forum 2023, one of the key banking and financial conferences in Pakistan, co-hosted by Systems Limited and Temenos, is set to take place on 5th October 2023 at PC Hotel Karachi. The 12th edition of BOFF will welcome over 500 C-Level executives from banks and financial institutions, regulators, fintechs, investors, analysts and media, promising an unparalleled …

HANGZHOU: China took four out of six gold medals in the canoe sprint competitions at the Hangzhou Asian Games on Monday. China’s first gold medal of the day came from the men’s kayak single 1000m by Zhang Dong in 3:46.224. Shakhriyor Makhkamov of Uzbekistan came second in 3:49.978 while Kirill Tubayev from Kazakhstan got the bronze with 3:51.399. “I definitely …

MOUNT CHO OYU BASE CAMP, Tibet: Snow and ice samples were collected on Mount Cho Oyu, the world’s sixth-highest peak, for the first time, in a bid to unveil more about the environmental changes in this exceptionally high-altitude region, the Chinese expedition team said Monday. The day before, an 18-member expedition team successfully reached the summit of Mount Cho Oyu, …

BEIJING: China’s “hot papers” account for 45.9 percent of the world total, ranking first globally, a government think tank recently revealed. Hot papers are papers published during the two years prior to classification that are cited a sufficient number of times in the two months to be placed in the top 0.1 percent of peer papers. According to annual statistics …

NAIROBI: The Plan for China Supporting Africa’s Agricultural Modernization, envisioned by Chinese President Xi Jinping, holds the key to advancing the continent’s inclusive growth, a Kenyan scholar has said. Once fully implemented, the plan will bring vitality to Africa’s food systems through joint research, technology transfer and the development of high-yielding crops, Richard Mulwa, deputy vice-chancellor of Egerton University, told …

URUMQI: A group of 22 journalists from 17 countries concluded a trip to northwest China’s Xinjiang Uygur Autonomous Region on Friday, after gaining first-hand knowledge about the region’s economic and social development, diverse culture and the development of the Belt and Road Initiative. The trip, which started on Sept. 21, took the journalists to various places in Xinjiang, including the …

CHRISTCHURCH, New Zealand: The New Zealand National Alpaca Show 2023 took place in Christchurch, attracting visitors to take photos with lovely alpacas. The two-day event featured more than 200 alpacas from various farms across the country, offering a great opportunity for people to interact closely with the cute animal. People interact with alpacas at the New Zealand National Alpaca Show …

JAKARTA: Indonesian President Joko Widodo declared the official operation of the Jakarta-Bandung High-Speed Railway (HSR) at Halim Station in Jakarta Monday morning. The Indonesian Transportation Ministry issued an operating license Friday to PT Kereta Cepat Indonesia-China, a joint venture consortium between Indonesian and Chinese state-owned firms that constructs and runs the HSR. At the ceremony, Widodo announced the name of …

YOKOHAMA, Japan:  Japan’s Chinatown of Yokohama has put up colorful decorations and organized Chinese traditional performances to attract tourists, showcasing the unique charm of Chinese culture. Tourists watch a dragon dance performance at the Chinatown of Yokohama, Japan, Oct. 1, 2023. (Xinhua/Zhang Xiaoyu) A lion dance performance is staged in the Chinatown of Yokohama, Japan, Oct. 1, 2023. (Xinhua/Zhang Xiaoyu) …

ISLAMABAD: Pakistan’s National Monument was illuminated in red color to celebrate the 74th anniversary of the founding of the People’s Republic of China on Sunday. People visit the National Monument illuminated in red color to celebrate the 74th anniversary of the founding of the People’s Republic of China, in Islamabad, capital of Pakistan on Oct. 1, 2023. (Xinhua/Ahmad Kamal) People …

BEIJING: China’s eight-day Mid-Autumn Festival and National Day holiday began on Friday, and the world’s second-largest film market is embracing a busy, lucrative moviegoing season. “Oppenheimer,” a biopic written and directed by Christopher Nolan, has raked in nearly 430 million yuan (around 59.9 million U.S. dollars) in box office revenue as of Sunday, according to figures from Chinese film data …

ISLAMABAD: At least one policeman and two terrorists were killed early Sunday morning during a terrorist attack at a check post in the Mianwali district of Pakistan’s eastern Punjab province, the police chief said. A group of 10-12 terrorists attacked a check post of the patrolling police in the Kundal Isa Khel area, Inspector General of Police of Punjab Usman …

BEIJING: China’s foreign trade of agricultural products went up 2.8 percent year on year in the first eight months of this year, official data showed. The total value of China’s farm produce exports and imports stood at 225.39 billion U.S. dollars during the period, according to the Ministry of Agriculture and Rural Affairs. In breakdown, the country’s exports of such …

WASHINGTON: U.S. President Joe Biden on Saturday night signed a 45-day stopgap funding bill, just a few minutes before federal government funding for this fiscal year is set to expire. In a last-minute effort to avert a government shutdown, House Speaker Kevin McCarthy released the new bill Saturday morning, which would keep federal agencies funded at current levels until mid-November, …

BEIJING: China’s railways are expected to handle 17.2 million passenger trips on Sunday, the third day of the 8-day Mid-Autumn Festival and National Day holiday period, data from the country’s railway operator shows. Some 11,574 trains are scheduled to operate these trips, according to the China State Railway Group Co., Ltd. A total of 20.098 million passenger trips were made …

HANGZHOU: Chinese shooters set a new world record of 357 hits in the women’s trap team event to capture the gold medal at Hangzhou Asian Games on Sunday. Improving the record by three hits, Li Qingnian, Wu Cuicui and Zhang Xinqiu led in the final with an absolute advantage of 20 hits from the runners-up, Rajeshwari Kumari, Manisha Keer and …

President Arif Alvi has warned the Federal Board of Revenue (FBR) to stop harassing overseas Pakistanis, who are regularly sending remittances through legal banking channels. While rejecting an appeal filed by the FBR against an order of the Federal Tax Ombudsman (FTO), the President stated that overseas Pakistanis are the major source of remittances, but the FBR’s attitude is most …

As anticipation for the upcoming 2023 ODI World Cup intensifies, cricket pundits from across the globe are collaboratively engaging in discussions to forecast the tournament’s potential winners and underdogs. India and Pakistan will be squaring off against each other in Ahmedabad on October 14. However, former cricketers like Dinesh Karthik, Chris Gayle, and Muttiah Muralitharan are hoping for the arch-rivals …

The Pakistan Cricket Board on Wednesday announced that it has successfully negotiated a three-year central contacts deal with its senior players that will run from July 1 2023 to June 30, 2026. As many as 25 cricketers will be offered a momentous deal that will include a portion of ICC revenue. However, Test spinners, Nauman Ali and Abrar Ahmed, were …

Pakistan and India can boast a ton of talent on the global stage. There’s no getting around that. However, the cherry on top is that the treasure trove of talent is also inundated with heaps of beauty. Truly, it’s almost unfair. Pakistani and Indian actors continue to work to create their mark in various ways, but when they look so …

The Federal Board of Revenue (FBR) has exceeded the tax collection target for the month of Sept 2023 by Rs35 billion. The FBR maintained that the tax collection target in Sept was set at Rs799 billion, but on the contrary, it collected Rs834 billion. Similarly, the revenue collection authority said that tax collection for the first quarter of fiscal year …

Citizens reject meager decrease in POL prices Since caretaker assume into power, the price of petrol has been increased by Rs58 per liter and educed only by Rs8. People, who are suffering from record inflation, termed the relief as very ‘inadequate’ and urged government to fairly decrease the price of POL products. Also, the caretaker government increased the dealer margin …

Caretaker Planning Minister for Development and Special Initiatives Muhammad Sami Saeed has reaffirmed Pakistan’s support for territorial integrity and sovereignty of Azerbaijan while highlighting the importance of the long-standing economic cooperation and friendship between the two countries. The minister made these remarks while speaking to the media after the opening ceremony of Second Azerbaijan National Urban Forum & Global Observance …

India’s success off the field has not been matched by their performances on it at World Cups over the last decade but with a near-perfect buildup, familiar conditions and recent history on their side, the hosts are favourites to end their title drought. Rohit Sharma and his men head into the 50-overs showpiece event as the world’s top-ranked ODI team …

BEIJING: Sunday marks the 74th anniversary of the founding of the People’s Republic of China. Addressing a grand reception in Beijing celebrating the occasion earlier this week, Chinese President Xi Jinping called on the nation to firm up confidence and strive in unity to continue to surmount difficulties and march toward the goal of building a strong China and realizing …

PHNOM PENH: Ten years on, China’s Belt and Road Initiative (BRI) has injected vigorous impetus into building a community with shared future for mankind, significantly contributing to global and regional development and stability, a Cambodian expert said on Saturday. Kin Phea, director general of the International Relations Institute of Cambodia, a think tank under the Royal Academy of Cambodia, said …

KUNDUZ, Afghanistan: Afghan wrestlers excitingly showed their well-practised skills in a traditional wrestling competition in Kunduz, Afghanistan, displaying the perfect blend of strength and beauty. Wrestling is a popular sport across Afghanistan with a long history, as it offers hope and resistance against terror as well as helps the country’s dream of a new identity. Afghan wrestlers compete in a …

Dr. Farhat Asif, President of the Institute of Peace and Diplomatic Studies (IPDS) & Co-Founder of the Diplomatic Insight Group has achieved an unprecedented milestone by becoming the first Pakistani woman to be selected for the prestigious 2023-2024 International Women’s Forum (IWF) Leadership Fellows class. Dr. Farhat Asif’s selection as a member of the 2023-2024 IWF Leadership Fellows class is …

DAR ES SALAAM: More than 200 Tanzanian students, who are learning the Chinese language at Baobab Secondary School in Bagamoyo District of Coast Region, celebrated China’s Mid-Autumn Festival with pomp and pageantry on Friday. The students marked the festival, which fell on Sept. 29 this year in accordance with the Chinese lunar calendar, with traditional Chinese music, dance, drama, and …

Large muscle groups in your body are worked during aerobic exercise. This kind of workout is typically repetitious and rhythmic. You may change how hard your body works during this kind of exercise, or the intensity of your activity. Exercises that are aerobic raise your heart rate and the amount of oxygen your body requires. Aerobic simply means “with oxygen.” …

When Carolina’s captors arrived at dawn to pull her out of the stash house in the Mexican border city of Reynosa in late May, she thought they were going to force her to call her family in Venezuela again to beg them to pay $2,000 ransom. Instead, one of the men shoved her onto a broken-down bus parked outside and …

Israel and Saudi Arabia are moving towards the outline of a historic US-brokered deal to normalize relations after decades of hostility, the White House said on Friday. President Joe Biden is hoping to transform the Middle East — and score an election-year diplomatic victory — by securing recognition of the Jewish state by Saudi Arabia, the guardian of Islam’s two …

In a delightful development that has set fans abuzz with excitement, cricket sensation Virat Kohli and Bollywood superstar Anushka Sharma are reportedly gearing up to welcome their second child. While the couple has yet to formally announce the news, sources suggest that Anushka Sharma is currently in her second trimester. According to a report by local Indian media outlets, the …

Pakistan’s skipper Babar Azam has received glowing accolades from Australian cricketers, who have unanimously included him in their One Day International (ODI) World XI. Babar’s remarkable skill, adaptability, and unwavering determination have catapulted him to international acclaim, drawing comparisons to the legendary Indian cricketer, Virat Kohli. Australian fast bowler Josh Hazlewood showered praise on Azam, highlighting his exceptional talent and …

On the back of a crackdown on smuggling and illegal exchanges, the Pakistani rupee emerged as the best-performing currency in the world in September. The currency appreciated from Rs305.54 against the US dollar on August 31 to Rs287.74 on September 28 against the greenback, an increase of Rs17.8 or 6.2%. The rupee is currently also on a winning run of …