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Following the sentencing of the PTI founder and Bushra Bibi in the £190 million reference case, party leadership has strongly condemned the court’s verdict, calling it baseless and politically motivated. A senior PTI leader Faisal Ch stated, “There is not a single proof of financial corruption against us. From the first day, this judge has been seeking a verdict. We will expose these judges too.” He further criticized the court, claiming, “A person has been brought up who has set an example of dishonesty,” and termed the verdict as “frivolous in a frivolous case.” The leadership expressed their dismay at…

The Accountability Court of Islamabad has sentenced Pakistan Tehreek-e-Insaf (PTI) Founder Imran Khan to 14 years in prison and Rs1 million fine after finding him guilty in the £190 million reference case. Imran’s wife, Bushra Bibi, has been sentenced to 7 years in prison and a Rs0.5 million fine. The court has ordered the confiscation of land belonging to Al-Qadir University. The verdict in the reference case was announced by Accountability Court Judge Nasir Javed Rana at Adiala Jail. The reference includes absconding suspects such as Malik Riaz, Ali Riaz, Farhat Shehzadi, Shehzad Akbar, Zulfi Bukhari, and Zia-ul-Mustafa Naseem. The…

The Pakistan Stock Exchange observed a positive trend during the trading week. The 100 Index recovered by gaining 238 points, reaching 114,075. During the session, the 100-Index experienced further momentum and climbed by 293 points, settling at 114,108. Experts attribute the market’s improvement to increased investor confidence. Economic policies and better global conditions are also key to strengthening the stock market. Experts suggest that if this trend continues, further improvements can be expected in the coming days. Investors are advised to remain cautious while maintaining their investments in the market.

Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S. sanctions on Russian oil producers and signals from a Federal Reserve official of potential interest rate cuts. Brent crude futures rose 13 cents, or 0.2%, to $81.42 per barrel by 0113 GMT, after declining 0.9% in the previous session. U.S. West Texas Intermediate crude futures were up 27 cents, or 0.3%, to $78.95 a barrel after dropping 1.7% on Thursday. Both contracts fell on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red Sea. Still, they…

Bollywood actress Kareena Kapoor Khan requested privacy after Saif Ali Khan was stabbed in their home during a robbery on the late on 16 January. Taking to Instagram, Kareena said: “It has been an incredibly challenging day for our family, and we are still trying to process the events that have unfolded. “As we navigate this difficult time, I respectfully and humbly requests that the media and paparazzi refrain from the relentless speculation and coverage,” she said. View this post on Instagram A post shared by Kareena Kapoor Khan (@kareenakapoorkhan) “While we appreciate the concern and support, the constant…

China on Friday sent a Pakistani satellite into space from the Jiuquan Satellite Launch Center in northwest China. The satellite, named PRSC-EO1, was launched at 12:07 p.m. (Beijing Time) by a Long March-2D carrier rocket and entered its planned orbit successfully. The rocket also carried two other satellites, namely Tianlu-1 and Lantan-1. This launch marked the 556th flight mission involving the Long March carrier rocket series.

At the invitation of the U.S. side, Chinese President Xi Jinping’s special representative, Vice President Han Zheng, will attend the inauguration of Donald Trump as U.S. president on January 20 in Washington, D.C., the Chinese Foreign Ministry announced on Friday. In a statement, a spokesperson for the ministry said China follows the principles of mutual respect, peaceful coexistence and win-win cooperation in viewing and growing its relationship with the United States. “We stand ready to work with the new U.S. government to enhance dialogue and communication, properly manage differences, expand mutually beneficial cooperation, jointly pursue a stable, healthy and sustainable China-U.S.…

Mayors, representatives and experts from China and Association of Southeast Asian Nations (ASEAN) countries gathered at a dialogue in Nanning, capital of south China’s Guangxi Zhuang Autonomous Region, on Thursday to discuss urban openness and cooperation. “Economic and trade cooperation between China and ASEAN has grown increasingly close, with bilateral trade volume rising from over $600 billion in 2019 to nearly $1 trillion in 2024,” said Nong Shengwen, Party chief of Nanning, during the dialogue. “The two sides have achieved deep integration of their industrial, supply and value chains,” Nong added. “We understand that friendship is the most valuable aspect…

China’s gross domestic product (GDP) grew 5 percent year on year in 2024, meeting the annual target of around 5 percent, according to official data released on Friday. For the full year, GDP reached 134.91 trillion yuan ($18.41 trillion), according to the data released by the National Bureau of Statistics (NBS). The economy expanded by 5.4 percent in the fourth quarter, marking the strongest growth since the second quarter of 2023. This growth was subsequently supported by a series of policy measures implemented in the fourth quarter, including measures to bolster domestic demand, support enterprises, stabilize the real estate market,…

Pakistan’s Civil Aviation Authority (CAA) has announced that the New Gwadar International Airport will begin operations on January 20, marking a significant milestone for regional connectivity and development. Initially served by Pakistan International Airlines (PIA), the airport is designed to handle larger aircraft and international flights, featuring modern amenities and advanced security. Strategically located in Balochistan along the China-Pakistan Economic Corridor (CPEC), it aims to boost trade, tourism, and Gwadar’s role as a global maritime hub. Additionally, after a hiatus of over four years, PIA resumed European operations with a flight to Paris, reflecting broader advancements in Pakistan’s aviation sector.