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The United States stock market has shed a staggering $4 trillion in value as investors react to President Donald Trump’s aggressive tariff policies, raising fears of an economic downturn. The benchmark S&P 500 index plunged 2.7 per cent on Monday, marking its sharpest daily drop of the year, while the tech-heavy Nasdaq Composite slid 4 per cent—its biggest single-day decline since September 2022. The latest selloff has pushed the S&P 500 down by 8.6pc from its February 19 record high, bringing it close to a 10pc correction threshold. Trump’s recent tariff measures against key trading partners, including Canada, Mexico, and…

Users worldwide reported difficulties accessing social media platform X (formerly Twitter) on Monday, with outage-tracking website Downdetector.com confirming widespread disruptions. Meanwhile, platform owner Elon Musk claimed that a “massive cyberattack” was targeting the service. Despite being officially banned in Pakistan, Downdetector recorded 74 outage reports from Pakistani users at 3:08pm, which surged to 136 by 11:06pm, but an hour later had dwindled to 45. Complaints were primarily received from Lahore, Rawalpindi, and Karachi. The outage was not limited to Pakistan, as tens of thousands of users in the United States, United Kingdom, and other regions also faced accessibility issues. The…

The federal government has decided to import sugar in an effort to stabilize prices in the local market and provide relief to consumers. The move aims to curb inflationary pressures and ensure the availability of sugar at reasonable rates. According to officials, importing sugar will help lower local prices by increasing supply. Additionally, it is expected to contribute to future sugar production by allowing imported raw sugar to be refined locally and converted into consumable sugar. The decision comes amid concerns over fluctuating sugar prices, which have burdened consumers in recent months. Authorities believe that by maintaining a stable supply…

As tensions between Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP) simmer over the Cholistan canal issue, the federal government has ruled out the notion of Centre usurping Sindh’s water share for the controversial project, vowing to consult the PPP in this regard. “Certain politicians, doing the fringe politics, are fanning the flames of controversy…it is not that someone was eyeing Sindh’s water or usurping it,” Minister for Planning and Development Ahsan Iqbal said while speaking on Geo News programme ‘Aaj Shahzeb Khanzada Kay Sath’. His remarks came hours after President Asif Ali Zardari kicked off the second parliamentary…

The International Cricket Council (ICC) on Monday addressed concerns regarding the absence of Pakistan Cricket Board (PCB) officials during the ICC Champions Trophy 2025 final ceremony. The clarification came after questions were raised over the lack of Pakistani representation on stage, despite Pakistan being the official host of the tournament. A spokesperson for the ICC, while speaking to a private TV channel, confirmed that Mr Naqvi, who was the designated representative of the host board, was unavailable and did not attend the final in Dubai. “The ICC only invites the head of the host board — such as the president,…

The State Bank of Pakistan (SBP) has decided to maintain the policy rate at 12%, citing lower-than-expected inflation in February 2025 but warning of potential risks from rising food and energy prices. The decision was announced after the Monetary Policy Committee (MPC) meeting held on Monday. In a statement, the MPC highlighted that inflation had eased due to a decline in food and energy costs. However, it noted that core inflation remained high and persistent, raising concerns that any surge in global commodity prices could reverse the downward trend. The SBP also pointed to growing economic activity, as reflected in…

Pakistani actress and model Sana Javed, who tied the knot with cricketer Shoaib Malik last year, has once again caught the internet’s attention. The couple’s wedding had already created waves online, and now, a lighthearted moment from Jeeto Pakistan League has sparked another viral discussion. During the latest episode of the game show, Sana, who was representing her team, appeared distracted and engrossed in her phone. The host, Fahad Mustafa, along with the audience, noticed her momentary distraction. When questioned about it, she laughed and playfully revealed that she was talking to her “miyan” (husband), Shoaib Malik. What seemed…

Pakistani diva Hania Aamir, who captivated audiences with Kabhi Main Kabhi Tum, is finally making her Indian film debut! Fans have eagerly awaited her appearance in Bollywood or an Indian project, and now, the wait is over. Hania will star in Sardaar Ji 3, the latest instalment of the blockbuster Punjabi film franchise, alongside global icon Diljit Dosanjh and Punjabi superstar Neeru Bajwa. The film has already generated significant buzz, with pictures and videos from the shoot going viral on social media. Release date confirmed! While details about the storyline remain under wraps, the release date has now been officially announced.…

ISLAMABAD : Pakistan Meteorological Department (PMD) has predicted rain, thunderstorms with snowfall over the hills at isolated places in Khyber Pakhtunkhwa, northern Balochistan, Potohar region, northeast Punjab, Kashmir, and Gilgit-Baltistan during next 24 hours, while other parts of the country will experience partly cloudy to dry weather. According to the Met Office, Islamabad and its surroundings are expected to have partly cloudy weather with a 40 percent probability of rain. Rain, thunderstorm with snowfall over the hills is expected at isolated places in Chitral, Dir, Swat, Kohistan, Shangla, Battagram, Mansehra, Abbottabad, Nowshera, Swabi, Mardan, Buner, Peshawar, Kohat, Karak, Bannu, Bajaur,…

BEIJING :In the dynamic free trade zone of Shanghai’s Lin-gang Special Area, 27-year-old Zhou Zihan, an entrepreneur from Pakistan, is preparing to launch his business. “Starting a business in Lin-gang provides easier access to both domestic and international markets, as well as greater efficiency in cross-border operations,” Zhou stated. Currently pursuing a master’s degree in International Relations at East China Normal University, Zhou hails from a family with a rich history in Pakistan’s textile industry. “Since 2001, we have collaborated with several Chinese companies to supply textile machinery, digital printing machines, and related solutions to Pakistan’s textile sector,” he shared.…