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China always opposes the use or threat of force, as well as any imposition of one country’s will on another, Chinese Foreign Minister Wang Yi said on Sunday when speaking of the situation in Venezuela. Wang, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks when holding the Seventh Round of China-Pakistan Foreign Ministers’ Strategic Dialogue with Pakistani Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar in Beijing. Wang said the current international situation is more volatile and intertwined, with unilateral bullying becoming increasingly severe. The sudden change of…

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Chinese Vice Premier Ding Xuexiang met with Pakistani Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar in Beijing on Sunday, calling for joint efforts to accelerate the building of an even closer China-Pakistan community with a shared future in the new era and to continue to improve the well-being of the two peoples. Hailing the iron-clad friendship between China and Pakistan as having grown stronger over time, Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said the two countries’ leaders reached new, important common understandings regarding further…

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China’s largest offshore gas field, named Deep Sea No. 1, has recently completed its 100th shipment of crude oil since being put into production, announced the China National Offshore Oil Corporation (CNOOC) on Friday. The field’s total oil and gas output in 2025 exceeded 4.5 million tonnes of oil equivalent, comparable to that of a medium-sized onshore oilfield. The project was implemented in two phases, with production commencing in 2021 and 2025, respectively. The second phase of the project represents the country’s most challenging deepwater gas development to date, as it operates at the highest temperatures and pressures ever encountered…

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Chinese automaker BYD dethroned Tesla as the world’s biggest EV manufacturer on Friday. This marks the first time BYD has surpassed Tesla in terms of annual sales. Tesla’s delivery number for 2025 fell almost 9 percent from the previous year, the second consecutive year of its sales number decline, according to the company’s fourth-quarter report released Friday. Its 1.64 million deliveries were topped by BYD’s 2.26 million battery-powered vehicles sold last year. BYD, an automaker that manufactures both electric vehicles and internal combustion engine vehicles, is primarily driven by the growth of its electric vehicle sector. Sales of battery-powered vehicles…

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ISLAMABAD: An anti-terrorism court in the federal capital on Friday awarded multiple life sentences to Adil Raja, Haider Mehdi, Wajahat Saeed, Sabir Shakir and Moeed Pirzada for “committing digital terrorism” in a case related to the May 9, 2023 riots. The verdict, announced by ATC Judge Tahir Abbas Sipra, relates to a case registered at the Aabpara Police Station against Syed Akbar Hussain and journalists Shakir and Pirzada. Whereas Mehdi, Saeed and Shaheen Sehbai were sentenced in a case lodged at the Ramna Police Station. Apart from the life sentences, the court also handed down a total of 35 years’…

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KARACHI : The Pakistan Stock Exchange (PSX) continued its impressive rally on Friday, driven by growing investor confidence fueled by easing inflation in the country. During intraday trading, the KSE-100 index gained 1,866.57 points to hit all-time high of 178,222 points, reflecting an increase of 1.06 percent compared to previous close of 176,335.49 points. Bloomberg, a global financial news outlet, has highlighted that Pakistan’s inflation rate increased at a slower pace than expected last month, supporting the central bank’s decision to lower its policy rate to a three-year low to encourage economic growth. According to Bloomberg’s report, food prices climbed…

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ISLAMABAD : The Islamabad High Court (IHC) has declared arrests made by police without due legal process as abduction and ordered action against the involved police officials. The court issued orders in a case involving the alleged abduction of a woman and minor children from Lahore and Bahawalpur. It dismissed the police case registered against Muhammad Waqas, Aleem Suhail, Sana Suhail, and Arham Waqas. The matter stemmed from a financial dispute between former PIA Chief Executive Officer Musharraf Rasool and citizens Muhammad Waqas and Aleem Suhail. Justice Mohsin Akhtar Kayani issued a detailed written verdict on petitions filed by Muhammad…

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ISLAMABAD : Federal Minister for Finance Muhammad Aurangzeb has praised the Federal Board of Revenue (FBR) for achieving the highest tax collection in the country’s history in December 2025 and directed officials to further increase tax revenues. He described the performance as clear evidence of the success of the government’s fiscal reform agenda, improved tax compliance, effective enforcement, and digital reforms. Addressing FBR field formations via video link, the finance minister said significant progress had been made over the past 18 months, resulting in highly encouraging revenue figures for December 2025. He noted that the digitization of the economy, promotion…

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LAHORE : Punjab Chief Minister Maryam Nawaz Sharif has taken a major step toward promoting aquaculture in the province, particularly shrimp farming. Under the new plan, shrimp estates will be developed over a total area of 5,600 acres in Sargodha and Alipur. The project seeks to transform barren and saline lands into productive assets through modern shrimp farming practices, marking a significant milestone in Punjab’s agricultural and economic development. According to official updates, the 15th daily progress report of the Sargodha shrimp farming project has been released. So far, nine shrimp ponds have been completed on 20 acres, while 5,320…

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