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Bitcoin soared past the $100,000 mark on Thursday, reaching an all-time high as expectations of a crypto-friendly regulatory environment under the Trump administration buoyed market sentiment. The world’s largest cryptocurrency last traded at $100,027 at 0240 GMT, climbing 2.2% during the session and touching an intraday peak of $100,277. Bitcoin’s value has more than doubled this year and surged 45% in the weeks following Donald Trump’s electoral victory. Analysts attribute the rally to optimism surrounding Trump’s pledge to establish the United States as a global hub for digital assets. His plans include creating a regulatory framework conducive to innovation and…

The Pakistan Maritime Security Agency (PMSA) successfully rescued 12 crew members of an Indian cargo ship during a coordinated search and rescue operation. According to a PMSA spokesperson, the operation was launched in response to an email received from the Mumbai Maritime Rescue Coordination Center, which sought assistance in locating the crew of the sinking vessel, Al Peren Pir, in the rough sea. Ships, boats, and aircraft of the Pakistan Maritime Security Agency were deployed for the operation, ensuring the safe recovery of all 12 crew members. The spokesperson emphasized that this mission highlights Pakistan’s commitment to maritime safety and…

A significant step in legal cooperation between Sichuan, China, and Islamabad, Pakistan, was marked by the signing of a Memorandum of Understanding (MOU) between the Sichuan Lawyers Association, Islamabad Bar Council, and Islamabad Bar Association. The MOU aims to strengthen legal exchanges and cooperation under the framework of the China-Pakistan Economic Corridor (CPEC), focusing on providing efficient legal services for investment and trade activities. The collaboration emphasizes mutual learning, expanding business areas, and promoting common development based on equality, professionalism, and mutual benefit. This partnership is key to advancing legal services in both regions.

Advisor to the Chief Minister on Finance, Muzzammil Aslam, highlighted the transformative potential of the second phase of the China-Pakistan Economic Corridor (CPEC) during a seminar at City University Peshawar, organized by China Window and the Chinese Cultural Center. He emphasized leveraging Chinese expertise to drive sustainable development, citing operational factories in the Rashakai Economic Zone as catalysts for economic uplift in Khyber Pakhtunkhwa. Addressing challenges like skilled labor migration and investor confidence, he called for proactive measures to maximize CPEC’s benefits. Other speakers, including educationists and business leaders, underscored CPEC’s strategic importance for poverty alleviation, industrial growth, and stronger…

BEIJING : The Embassy of Pakistan in Beijing and the Consulate-General in Shanghai, in collaboration with the Board of Investment (BOI), successfully organized the fourth sector-specific B2B matchmaking event in Jiangsu Province. Held in Suzhou, a renowned hub for the textile industry in China, the event focused on fostering joint ventures, trade, and investment partnerships between leading Pakistani and Chinese textile and apparel enterprises. The event included an opening session, individual B2B meetings, networking opportunities, and a closing session. Eleven prominent Pakistani companies participated, including Crescent Bahuman Ltd., Fazal Cloth Mills Ltd., Kohinoor Mills Ltd., Magna Group, Mahmood Group, Matrix…

China’s business community is firmly opposed to the United States’ abuse of semiconductor export control measures, a spokesperson for the China Council for the Promotion of International Trade (CCPIT) said on Wednesday. China’s business community strongly opposes the United States’ long-arm jurisdiction over Chinese companies, the CCPIT spokesperson said when responding to a question on an announcement the U.S. made earlier this week – that it would place stricter controls on semiconductor manufacturing equipment and memory chip exports to China, and that 136 Chinese entities had been added to its Entity List. The United States’ economic coercion, its blockades and…

The United Nations Educational, Scientific and Cultural Organization (UNESCO) inscribed Spring Festival, social practices of the Chinese people in celebration of the traditional new year, on the Representative List of the Intangible Cultural Heritage of Humanity during a meeting held in Asuncion, the capital of Paraguay, on Wednesday.

China welcomes more U.S. financial institutions and long-term capital to continue deepening mutually beneficial cooperation with China, Vice Premier He Lifeng said on Wednesday. He  Lifeng, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks during a meeting with John Waldron, president and chief operating officer of the Goldman Sachs Group, in Beijing. China is fully implementing the guiding principles of the 20th CPC Central Committee’s third plenary session, steadily advancing major measures to deepen comprehensive reform, and continuously expanding opening up at a high level, He noted. “We welcome…

China and Japan should work together to promote stable, lasting bilateral relations and to uphold regional and international peace and stability, Wang Yi, China’s top diplomat, said on Wednesday. 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 in a video speech at the 20th Beijing-Tokyo Forum. Wang noted that China and Japan have an exchange history of more than 2,000 years and that it has been over 50 years since the normalization of diplomatic relations between the two…

ULAN BATOR (Xinhua) — The launch ceremony of the Cyrillic Mongolian editions of the second volume of “Xi Jinping: The Governance of China” and “Eradicating Poverty” along with a seminar on governance in China and Mongolia, was held in Ulan Bator, the capital of Mongolia, on Monday. During the launch ceremony, guests from China and Mongolia jointly unveiled the Cyrillic Mongolian editions of the two books. This was followed by a seminar on state governance, where experts and scholars from both nations exchanged insights and experiences on governance practices in China and Mongolia. Participants expressed the belief that on the…