ISLAMABAD: Cash-strapped Pakistan's economy showed a dismal performance during the outgoing financial year with just 0.29 per cent GDP growth and spiralling inflation at over 29 per cent, according to the economic data unveiled by finance minister Ishaq Dar on Thursday. Dar launched the Economic Survey 2022-23 at a crowded press conference, an annual ritual performed...
Chinese exports fell for the first time in three months in May, adding to risks in the world’s second-largest economy as global demand weakens. Overseas shipments shrank 7.5% from a year ago to USD 284 billion, official data showed Wednesday, worse than the median forecast for a 1.8% drop. Exports to most...
The situation in Tibet continues to raise concerns, with ongoing uncertainty about China’s intentions as authorities are forcibly seizing property from Tibetan farmers in Rebgong County, Qinghai Province, with an excuse to construct a hydropower dam, according to Tibet Press. According to Tibet Press, Locals have been warned to cooperate...
TAIPEI, June 8: Taiwan activated its defence systems on Thursday after reporting 37 Chinese military aircraft flying into the island's air defence zone, some of which then flew into the western Pacific, in Beijing's latest mass air incursion.   China, which views democratically governed Taiwan as its own territory, has over...
On May 18, Chinese President Xi Jinping held a lavish ceremony in the ornate Tang Paradise theme park in Xian, the heart of the ancient Silk Road, for five visiting Central Asian presidents who had arrived for the inaugural China-Central Asia summit. Conspicuously, the summit took place at the...
Indian authorities made fervent appeals to families on Tuesday to help identify over 100 unclaimed bodies kept in hospitals and mortuaries after 275 people were killed in the country's deadliest rail crash in over two decades.   The disaster struck on Friday, when a passenger train hit a stationary freight train,...
Apple on Monday unveiled its first mixed reality headset, challenging Facebook-owner Meta in a market that has yet to tempt users beyond videogamers and tech geeks.   The release was the most significant product launch by the iPhone maker since it unveiled the Apple Watch in 2015.   The Vision Pro, which was...
WASHINGTON: US Secretary of State Antony Blinken called on Monday for the normalisation of relations between Saudi Arabia and Israel on the eve of his visit to the Arab power.   “The United States has a real national security interest in promoting normalisation between Israel and Saudi Arabia,” Blinken said in...
SYDNEY: Australia’s most decorated soldier was “complicit in and responsible for the murder” of three Afghan men on deployment, a judge said, elaborating on his finding against the former SAS special forces corporal in a blockbuster defamation trial.   Ben Roberts-Smith, holder of the Victoria Cross and other top military honours,...
WASHINGTON: A loud sonic boom alarmed people in the US capital on Sunday as F-16 fighter jets scrambled at supersonic speed to intercept a jet that had entered the no-fly zone around Washington.   Within minutes, the plane, which was not responding to warnings from the F-16s, crashed in Northern Virginia,...