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The government has increased the rate of petroleum levy imposed on petroleum products following the latest hike in fuel prices. According to official details, the levy on petrol and diesel has been increased by Rs13.91 per litre. After the increase, the petroleum levy on petrol has been fixed at Rs117.41 per litre. The petroleum levy on high-speed diesel has been set at Rs42.60 per litre, while the freight margin on high-speed diesel has been reduced by Rs9.38 per litre. Following the reduction, the freight margin has been fixed at Rs7.75 per litre. Earlier, the government had announced an increase in…

In yet another roadside tragedy, at least 10 people were killed, and five others sustained serious injuries after a car collided with a gas bowser near Dalbandin in Balochistan’s Chagai district late on Friday, officials said. The accident took place on the Dalbandin road when the two vehicles crashed into each other, according to DSP Chagai Abid Sherzai, while earlier reports had identified the larger vehicle as a trailer truck en route from Quetta to Taftan. The passenger vehicle, reportedly a car, was carrying around 15 people and was overloaded. The impact of the collision was so severe that several passengers…

A large part of Airbnb’s first-quarter 2026 earnings call focused on the company’s use of artificial intelligence tools for coding, customer support and search functions. The company said 60% of the code produced by its engineers during the quarter was written by AI tools, reflecting similar statements from firms including Google, Microsoft and Spotify on the growing role of AI in software development. Airbnb chief executive Brian Chesky said the company had found AI particularly useful in developing tools for API partners managing properties through different software systems. “API partners say they want to be better hosts and need better…

Security Forces killed five khwarij terrorists belonging to Indian-sponsored Fitna-Al-Khwarij in two separate engagements in Khyber Pakhtunkhwa Province (KPK). “On reported presence of khwarij, an intelligence based operation was conducted by Security Forces in Tank District. During conduct of the operation, own troops effectively engaged khwarij location and after intense exchange of fire, four khwarij, belonging to Indian-sponsored Fitna-al-Khwarij were sent to hell,” said a news release issued by Inter Services Public Relations (ISPR). Another intelligence based operation was conducted by Security forces in Dera Ismail Khan District. In ensuing fire exchange, one kharji was effectively neutralised. Weapons and ammunition…

China’s foreign trade in yuan-denominated terms grew 14.2 percent year on year in April, data from the General Administration of Customs showed on Saturday.

Chinese Vice Premier Ding Xuexiang has stressed that the country needs to comprehensively improve its basic research level and original innovation capability. Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks during recent inspection tours in Fujian Province, Shanghai and Beijing. Ding visited the Chinese Academy of Sciences (CAS) and the Huairou Laboratory to learn about progress in original innovation and breakthroughs in core technologies in key fields. He stressed the need to optimize the layout of basic research, with a clear focus on priority areas…

Fighting between the United States and Iran intensified again around the Strait of Hormuz on Friday, with renewed maritime clashes and missile attacks on the United Arab Emirates, threatening efforts to formalize a ceasefire reached last month. Iranian media reported sporadic confrontations between Iranian forces and US vessels in the strategic waterway, while the US military said it struck two Iran-linked vessels attempting to enter an Iranian port, forcing them to turn back. The confrontation also spilled beyond the waterway. The UAE said its air defenses intercepted two ballistic missiles and three drones launched from Iran on Friday, with three…

Russia and Ukraine  agreed to a three-day ceasefire and a swap of 1,000 prisoners. “At the instruction of Russian President Vladimir Putin, I confirm that US President Donald Trump’s initiative regarding the ceasefire and an exchange of prisoners of war between Russia and Ukraine is acceptable to the Russian side,” Russian presidential aide Yuri Ushakov told reporters. “We received Russia’s agreement to conduct a prisoner exchange in the format of 1,000 for 1,000. A ceasefire regime must also be established on May 9, 10, and 11,” Ukrainian President Volodymyr Zelenskyy said on X. He added that he had instructed the…

Chinese Foreign Ministry  said the crimes committed by Japanese militarism during World War II are supported by “irrefutable evidence” documented in the Tokyo Trials. This year marks the 80th anniversary of the opening of the Tokyo Trials. China recently published the complete Chinese translation of the records of the International Military Tribunal for the Far East, considered the core historical document of the Trials, which fully documents more than two years of court proceedings. In addition, six handwritten diaries by David Nelson Sutton, a US assistant prosecutor who participated in the Trials, were also disclosed in China for the first…

China and France, as permanent members of the UN Security Council and major independent countries, shoulder important responsibilities in upholding international peace, stability and development, China’s top diplomat Wang Yi said on Friday. Wang, a member of the Political Bureau of the Communist Party of China Central Committee and director of the Office of the Central Commission for Foreign Affairs, made the remarks while holding talks with Emmanuel Bonne, diplomatic adviser to the French president, in Beijing. Noting that the strategic guidance of the two heads of state reflects the high level and special nature of bilateral relations, Wang said…