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European Union ambassadors reached broad agreement on Sunday to intensify efforts to dissuade US President Donald Trump from imposing tariffs on European allies, while also preparing retaliatory measures should the duties go ahead, EU diplomats said. Trump vowed on Saturday to implement a wave of increasing tariffs from February 1 on EU members Denmark, Sweden, France, Germany, the Netherlands and Finland, along with Britain and Norway, until the US is allowed to buy Greenland, a step major EU states decried as blackmail. EU leaders are set to discuss options at an emergency summit in Brussels on Thursday. One option is…
A high-speed train derailed and smashed into another oncoming train in southern Spain, pushing the second train off the tracks and down an embankment in a collision that has killed at least 39 people with 152 people injured, state broadcaster RTVE reported on Monday, citing police sources. The accident happened at 7:45pm local time (1845 GMT) on Sunday near Adamuz in the province of Cordoba, about 360km (223 miles) south of the capital Madrid. Of the 75 people hospitalised, 15 are in serious condition, the chief of Andalucia’s regional government, Juanma Moreno, told reporters early on Monday. “The forcefulness of…
More than 35 hours after a massive fire engulfed Gul Plaza in Karachi, the inferno has been fully extinguished, as per the authorities, with rescue workers racing against time amid the constant risk of collapse. The death toll has climbed to 23, including a firefighter, while around 74 people remain missing. Bodies continue to be recovered from the building debris, as per rescue officials. Rescue officials confirmed that 23 bodies have been recovered so far from Gul Plaza. The number of fatalities continues to rise as rescue teams reach deeper into the debris. All recovered bodies have been declared unrecognizable,…
All public and private educational institutions across Punjab have reopened today following the winter break. The winter holidays, which began on December 20, provided students with a total of 30 days off. According to the Education Department, academic activities have now resumed after the winter holidays. A formal notification has also been issued outlining the new school timings for government schools across the province. As per the schedule, schools will reopen at 8:30 am and close at 1:30 pm from Monday to Thursday and at 12:15 pm on Fridays. These revised timings will remain in effect from January 19 to…
A wildfire has been raging for nearly two days in Bingzhongluo Village of southwest China’s Yunnan Province as of Sunday, local authorities said. The fire broke out at 4:51 p.m. on Friday in Jiasheng Village, under the jurisdiction of Nujiang Prefecture. The local government has organized 326 rescuers, including personnel from forestry, grassland and firefighting departments, to combat the blaze. No casualties have been reported so far. As of 10 p.m. Saturday, the fire line spanned approximately 600 meters, with an affected area of about 600 mu (40 hectares). The government said the site is remote, with no residential areas…
China’s gross domestic product (GDP) totaled 140.19 trillion yuan ($20.1 trillion) in 2025 and expanded 5.0 percent from the previous year, meeting the country’s annual growth target of around 5 percent, data released by the National Bureau of Statistics (NBS) showed on Monday. The data also showed that per capita disposable income nationwide rose by 5.0 percent from a year earlier, reflecting steady improvements in household incomes. Consumption continued to expand, with total retail sales of consumer goods reaching 50.12 trillion yuan in 2025, up 3.7 percent year on year. Online retail sales maintained faster growth, rising 8.6 percent to…
Ahead of the Spring Festival, the China General Chamber of Commerce (CGCC) hosted its annual New Year Gala on the evening of Thursday, Jan. 15, in New York, honoring organizations whose leadership and cross-border engagement have made significant contributions to diplomatic and business relations between the U.S. and China. As the Year of the Horse approaches – a symbol of vitality and forward momentum – the CGCC’s Outstanding Partner of the Year Award went to Vornado Realty Trust.
China broke ground on a new nuclear heating and power plant in Xuwei, Jiangsu Province, on Friday. Construction of the first unit has begun on the nuclear island, marked by the first concrete pour. Developed by the China National Nuclear Corporation (CNNC), this is the world’s first project to use nuclear energy to supply low-carbon steam to the petrochemical industry. It is expected to drastically reduce fossil fuel consumption and provide an innovative solution for a green transformation in high-carbon industries. This project represents the first time a pressurized water reactor has been coupled with a high-temperature gas-cooled reactor for…
Last year, a total of 125 Canadian companies participated at the 8th China International Import Expo, the world’s first national-level exposition dedicated to imports, in east China’s Shanghai, marking a record-high Canadian presence. Based on mutual benefit and win-win cooperation, China and Canada share broad prospects for cooperation in fields such as trade, energy, agriculture and forestry, green technology and tourism. During Canadian Prime Minister Mark Carney’s visit to China, which he started on Wednesday, the two countries signed multiple cooperation documents covering trade, customs, energy, construction, culture and public security, pledging to deepen cooperation in diverse sectors of mutual…
KARACHI : Pakistan Stock Exchange (PSX) on Friday staged a strong recovery, snapping days long bearish momentum as increasing forex reserves have lifted investor sentiments. During intraday trading, the KSE-100 index gained whooping 3,159.72 points to climb to 184,616.05 points, marking a positive change of 1.74% compared to previous close of 181,456.33 points. Pakistan’s foreign exchange reserves inched up by $16 million over the past week, according to figures released by the State Bank of Pakistan. The central bank said its official reserves rose from $16.0557 billion to $16.0718 billion, showing a modest gain during the week. Overall, the country’s…
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