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The International ​Monetary Fund on Thursday projected Asia’s economic growth would moderate next year and warned of heightening risks from the Iran war-induced ‌energy shock, a potential correction in the AI boom and spillovers from rising global bond yields. In a report on the outlook for the Asia-Pacific region, the global lender also said uncertainty over the US monetary policy path could keep Asian financial markets volatile. “Exchange rates and capital flows have become more volatile since the energy shock this year,” with several emerging ​economies experiencing depreciation pressures, the IMF said in the report issued during its annual meetings…

The US military has developed strike options that could involve the world’s largest non-nuclear bomb targeting Iranian energy infrastructure and nuclear sites if President Donald Trump orders renewed combat operations, CNN reports. The potential use of the GBU-43/B Massive Ordnance Air Blast (MOAB), widely known as the “mother of all bombs”, would mark a significant escalation in the conflict. However, US officials have questioned whether the weapon could achieve Washington’s strategic objectives, particularly against deeply buried Iranian nuclear facilities. Reuters said it could not immediately verify CNN’s report. US develops new strike plans against Iran According to CNN, citing…

At least 33 children and two female teachers have died after a private school roof collapsed in Dir Colony, Peshawar, while 52 others injured, including children, have been shifted to Lady Reading Hospital. The bodies of 29 victims, including a female teacher and 28 children, were initially shifted to Lady Reading Hospital, according to a hospital spokesperson. The spokesperson confirmed that 52 people were injured and transported to the hospital. The children who lost their lives were between seven and 13 years old. A second female teacher died later. Six girls are also among the deceased, a spokesperson for Lady…

The new White House ​press secretary, Katie Zacharia, faced questions on Wednesday about her legal career before becoming the top spokeswoman for ‌US President Donald Trump. Zacharia, who joined the White House on Monday, has said she practiced law before entering politics. Trump has described her as an attorney. But Reuters could not find records showing Zacharia was registered as an attorney or member of the bar in any US state or the District of Columbia. The questions about ​Zacharia’s credentials come as she takes the podium just three weeks before November’s midterm elections, a critical period when the president…

Netflix is laying off 6% of its workforce, or roughly 1,000 employees, in its biggest cuts since ​2022, according to an internal memo seen by Reuters, as the streaming pioneer ‌faces tough competition for viewers from legacy rivals and YouTube. The bulk of the job cuts would be in Netflix’s product, tech, legal and human-resources teams, the email Co-CEOs Greg Peters and Ted Sarandos sent to ​employees on Wednesday showed. “Our mission — to entertain the world — is ambitious, and delivering on ​it requires us to be disciplined about where we prioritize our people ⁠and resources,” they said in…

A ​container ship and a dry bulk carrier have both sunk near the Strait of Hormuz in the past ‌24 hours after being hit by projectiles in separate incidents, maritime officials said on Wednesday. Attacks around the waterway have surged over the past 10 days, with Iran saying it is stepping up strikes in response to the US blockade of its ports and tougher sanctions introduced last month. The Singapore-flagged GFS Pride, ​a small container vessel with a capacity of 2,824 20-foot equivalent units (TEU), sank while sailing through the strait, according to ​maritime security sources. “GFS PRIDE sustained damage…

Kansas and six other states said on Wednesday they had ​sued OpenAI in courts across ​the country over harms they ⁠say ChatGPT has caused to ​children, alleging the chatbot has coached ​children to harm themselves or others. The lawsuits, which were filed in state courts, are ​seeking an order forcing OpenAI ​to make changes to how ChatGPT works ‌for ⁠children. The states are also seeking an order forcing the company to give up profits it ​has generated ​from ⁠young users. Florida’s attorney general was the first to ​sue OpenAI, bringing a lawsuit over ​similar ⁠claims in June. The company is…

Pakistan’s ODI squad begun assembling ahead of the tri-series against Sri Lanka and England, with seven players arriving at the team hotel. Pakistan ODI captain Shaheen Shah Afridi has joined the squad, along with Babar Azam, Faheem Ashraf, Salman Ali Agha, Haris Rauf, Saad Baig and Ghazi Ghori. The Pakistan ODI squad will begin preparations for the tri-series on Thursday. Pakistan and Sri Lanka will train at Rawalpindi Cricket Stadium at 4pm on October 15 (Thursday). The seven-match ODI tri-series will begin on October 18 (Sunday). Earlier this season, Pakistan beat Sri Lanka 2-1 in the Twenty20 International series.

South Africa coach Shukri Conrad cautioned against any drastic changes after their first test loss to Australia but ​warned his charges “need to get bloody better” if they are to stand any chance of a ‌comeback in the three-match series. South Africa, who had beaten Australia in last year’s World Test Championship final in London, were handed a 214-run defeat on Tuesday in the first Test at Kingsmead. “We just lost a cricket test match. It doesn’t mean that ​you’ve now got to go soul-searching and questioning all the things that we’ve done really well ​and are doing really well.…

ISLAMABAD (DI NEWS) : Ambassador of Pakistan to China, Dr. Syed Ali Asad Gillani, attended the Student Council Investiture Ceremony for the 2026–27 academic session at Pakistan Embassy College, Beijing (PECB), as Chief Guest. The ceremony recognised outstanding academic achievements in the Cambridge International Education (CIE) examinations. Hareem Naeem secured Top in the World in English as a Second Language at the IGCSE level, while Mahnoor Bilal received a High Achievement distinction in Urdu as a Second Language, Zayna Ahmad in Islamiyat, and Rania Malik in Pakistan Studies. The Ambassador commended the students and their teachers—Mr. Anwar Khan (English), Mr.…