China’s economy has beaten expectations even as US President Donald Trump’s tariffs and a prolonged crisis in the property market weigh on growth. Official figures show the world’s second largest economy grew by 5.2% in the three months to the end of June, compared to the same time last year. That’s better than the 5.1%…
M23 rebels in eastern Democratic Republic of Congo recently allowed the to visit a huge mining site under their control which is vital to the production of the world’s mobile phones – and over its vast expanse not one person was idle. Thousands of miners dotted the landscape covered with pits and tunnels. Some were…
Ryan Davies worked at the Port Talbot steelworks for 33 years and from his very first day, he heard rumours that the plant was on the verge of closing. Whispers would spread among his colleagues about new ownership and redundancies. Usually, they weren’t true. “You took it with a pinch of salt,” he recalls. It…
A message from US President Donald Trump on Wednesday landed like a grenade in Brazil, bringing the relationship between the two countries to an all-time low. Trump pledged to impose tariffs on Brazil at a rate as high as 50%. He accused the country of “attacks” on US tech companies and of conducting a “witch…
1:04Watch: The story of Jane Birkin’s £7m handbag The original Birkin bag, which set the template for arguably the most coveted accessory in fashion history, has been bought for €8.6m (£7.4m; $10.1m), becoming the most valuable handbag ever sold at auction. The black leather bag was made for singer Jane Birkin in 1985 after she…
Price of a tola of 24-karat silver increases to Rs3,851 A day after a big decline, the price of gold in Pakistan and globally witnessed a massive increase on Thursday. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola saw a significant hike of Rs3,200 on Thursday…
It marks significant 27 percent increase compared to the previous year Overseas Pakistanis have sent a record-breaking $38.3 billion in remittances during the financial year 2024-25 marking a significant 27 percent increase compared to the previous year. According to official data released by the State Bank of Pakistan, the surge in remittances reflects growing confidence…
Copper entering the US from other countries is set to face a new tax of 50%, President Donald Trump has said. The decision carries through on tariff threats the president made earlier this year, when he ordered an investigation into how imports of the metal were affecting national security. Similar probes are looming over other…
Donald Trump’s White House had grandly promised “90 deals in 90 days” after partially pausing the process of levying what the US president called “reciprocal” tariffs. In reality, there won’t even be nine deals done by the time we reach Trump’s first cut-off date on 9 July. The revealing thing here, the poker “tell” if…
Dollar appreciates by 20 paisa The Pakistani rupee opened Tuesday’s trading session stable against the US dollar in the inter-bank market but slipped later in the day to touch its lowest level in 19 months. At 10am, the local currency was unchanged from the previous day’s closing rate of Rs284.22 in the inter-bank market. However,…
