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China views the remarks by a Foreign Ministry official of the Republic of Korea (ROK) positively, who has publicly reiterated in its entirety the language on Taiwan in the China-ROK joint communique on the establishment of diplomatic relations, a Chinese Foreign Ministry spokesperson said on Thursday. Nam Jin, director-general for Northeast Asian and Central Asian Affairs at the ROK’s Ministry of Foreign Affairs, told media on June 18 that the joint communique states “the government of the Republic of Korea recognizes the government of the People’s Republic of China as the sole legal government of China and respects China’s position…

China’s Ministry of Commerce and seven other government departments Thursday released an implementation guideline document to accelerate the development of “artificial intelligence (AI) plus consumption.” It includes 17 measures in five areas to promote deeper integration of AI with consumer markets by expanding smart product consumption, empowering services consumption and creating new consumption scenarios. Regarding goods consumption, the document calls for increasing the supply of new AI products, upgrading consumer electronics, household appliances and home products, cultivating the smart wearable market, and promoting AI-powered robots for elderly care, companionship and daily assistance. Addressing services consumption, it encourages wider AI application…

ISLAMABAD (PEN) : The Embassy of Pakistan in Beijing today organized two investment promotion events for Pakistan-China B2B Investment Confernce on Pharmaceuticals, Biotechnology and Healthcare. These events were co-hosted with the China Overseas Development Association (CODA) and IBI Goulian Gufen designed to mobilize Chinese investors for the B2B Confernce scheduled in Karachi on 17-18 July 2026. The two events attracted nearly 60 leading Chinese enterprises, including over 40 companies led by CODA at the Embassy premises and 17 companies at the IBI event in Beijing’s Fengtai District. Participating companies represented a broad spectrum of sectors, including pharmaceuticals, biotechnology, vaccines, medical…

Pakistan on Thursday formally signed the Islamabad Memorandum of Understanding (MoU) as the official mediator between the United States and Iran. Prime Minister Shehbaz Sharif signed the agreement after the document had already been endorsed by US President Donald Trump and Iranian President Masoud Pezeshkian. Pakistan formally signs as mediator Prime Minister Shehbaz Sharif has signed the Islamabad Memorandum of Understanding in his role as mediator, formally endorsing the agreement reached between Washington and Tehran. A video released by the Prime Minister’s Office shows Sharif signing the document, which already bears the signatures of US President Donald Trump and Iranian President Masoud Pezeshkian. Pakistan has…

ISLAMABAD: Prime Minister Shehbaz Sharif announced on Thursday that the historic “Islamabad Memorandum of Understanding” had been electronically signed between the United States and the Islamic Republic of Iran, with the Strait of Hormuz set to reopen instantly and the US naval blockade to be lifted immediately as the agreement’s first step. “The memorandum has been signed by honourable presidents of both the countries and also endorsed by me as the mediator. The signing of this agreement at the highest level of the respective governments demonstrates the commitment of both sides to a diplomatic resolution of the conflict,” the premier…

Pakistan has said that the world is facing a humanitarian emergency of extraordinary scale and complexity, as millions of people are struggling for survival as a result of consequences of the various events from conflicts and foreign occupations to climate disasters, poverty, food insecurity, displacement and natural disasters. Taking part during the General Debate of the ECOSOC Humanitarian Affairs segment, Ambassador Asim Iftikhar Ahmad, Pakistan’s Permanent Representative to the UN, called for anchoring the transformation in approach in humanitarian principles, respect for international humanitarian law, stronger coordination, predictable financing and a renewed commitment to prevention. “The central test is straightforward:…

US President Donald Trump has thanked Chinese President Xi Jinping and Russian President Vladimir Putin for what he described as a neutral stance during the recent war involving Iran. Speaking at a press conference during the Group of Seven conference in Evian-les-Bains, France, Trump said both leaders refrained from actions that could have escalated the conflict. Trump credits leaders for non-interference Trump said he appreciated that China and Russia did not send weapons or take steps that could have complicated US efforts during the conflict. “I just want to thank them because they made it a lot better,” he said,…

China has welcomed the signing of a memorandum of understanding between the United States and Iran, calling on all parties to fully respect their commitments under the agreement. The statement comes amid growing international attention on the deal, which is aimed at de-escalating tensions and improving stability in global shipping routes. According to China’s Foreign Ministry, all parties involved in the agreement must adhere to their obligations to ensure lasting stability. Officials emphasized that the concerns of the international community should be taken into account, particularly regarding maritime security and energy transport routes. Focus on Strait of Hormuz stability The…

Israeli Prime Minister Benjamin Netanyahu is preparing to run again in an election expected by October, even as he faces mounting political and public pressure over his leadership during multiple regional conflicts. The veteran leader, often described as Israel’s “arch-survivor,” is confronting growing voter anger over security failures, war outcomes, and Israel’s evolving relationship with its closest ally, the United States. An interim US–Iran agreement has further complicated Netanyahu’s political outlook. According to the report, US President Donald Trump’s push to wind down conflicts involving Iran and Lebanon before Israel achieved its stated goals has left Netanyahu’s regional strategy under…

Global oil prices fell on Thursday after reports that the United States and Iran had signed an interim peace agreement aimed at ending months of conflict and stabilizing energy flows. The benchmark Brent crude declined as much as 1.9 percent in early Asian trading, reversing earlier volatility caused by geopolitical tensions and renewed supply concerns. Brent crude slides after volatile week Brent crude futures for August delivery stood at $78.07 as of 04:30 GMT, only around 7 percent higher than levels seen before the US–Israel conflict with Iran began on February 28. Earlier in the week, prices briefly surged above…