Prince Harry Leaves Poppy Tribute on VJ Day as Meghan Markle Stays Silent LONDON — Prince Harry, the Duke of Sussex, quietly left a handwritten letter and a wreath of red poppies at the Burma Star Memorial during the recent VJ Day commemorations. The private gesture, seen by some as an olive branch, was carried […]
Labubu Craze Fuels Fake Doll Market, Collectors Warned of “Lafufu” Knockoffs BEIJING — Chinese toy giant Pop Mart is riding high on the runaway success of its Labubu dolls, with profits surging nearly 400%. But the brand’s meteoric rise has also unleashed a wave of counterfeits, with fake versions — mockingly dubbed “Lafufu” — now […]
IMF Pushes Pakistan to Revise NFC Award Formula ISLAMABAD — The International Monetary Fund (IMF) has asked Pakistan to review its National Finance Commission (NFC) Award in a bid to strengthen fiscal discipline, according to official sources. The proposed changes could reduce the provinces’ current share of 57.5 percent from the divisible pool. If the […]
Disney Unveils New ESPN App to Win Back Sports Fans Disney has launched a new ESPN app designed to win back sports fans lost during the shift from cable to streaming. The platform, described as far more advanced than the ESPN+ service introduced in 2018, will stream more than 47,000 live events annually, covering the […]
ADB Backs Reko Diq Project with $410 Million Financing Islamabad — The Asian Development Bank (ADB) has approved $410 million in financing for the Reko Diq mining project in Balochistan, marking a major boost for Pakistan’s economy. The package includes two loans totaling $300 million to Barrick Gold, the mine’s operator, along with a $110 […]
Netanyahu Signals Readiness for Ceasefire Talks While Pushing Gaza City Assault Israel’s Prime Minister Benjamin Netanyahu has responded for the first time to a temporary ceasefire proposal from Egypt and Qatar, which Hamas accepted on Monday. An Israeli official confirmed that negotiators will be sent once a location for talks is agreed. Speaking to soldiers […]
Saudi Arabia Plans Public Pension Program to Boost Savings, Cut Remittances RIYADH — Saudi Arabia is taking steps to encourage household savings and reduce the outflow of money sent abroad, as part of a broader strategy to strengthen financial resilience among residents. The Kingdom is expected to soon unveil its Public Pension and Savings Program, […]
The measures cover Greek national Antonios Margaritis and his network of companies and vessels that the Treasury said were involved in transporting Iranian oil exports in violation of sanctions. Treasury also designated Ares Shipping Limited in Hong Kong, Comford Management in the Marshall Islands, and Hong Kong Hangshun Shipping Limited in Hong Kong. Designated crude […]
NEPRA Set to Review Power Tariff Reduction as CPPA Submits Request ISLAMABAD — The Central Power Purchasing Agency (CPPA) has formally requested the National Electric Power Regulatory Authority (NEPRA) to consider reducing electricity tariffs, with a public hearing scheduled for August 28. According to CPPA’s petition, Pakistan generated 14.123 billion units of electricity in July, […]
The compensation distribution took place in a formal ceremony held at the NAB Headquarters in Islamabad NAB Chairman Lt. Gen (Retd.) Nazir Ahmed, senior authorities, and affected members of the public were present at the event. The B4U scam, Pakistan’s largest Ponzi scheme in history, includes the accumulation of billions of rupees from citizens under […]