At least 12 people have lost their lives after torrential rainfall caused severe flooding across Ghana, including the capital, Accra, while emergency teams continue rescue operations in affected areas. The Ghana National Fire Service said the victims included three women, eight men and one child, adding that the death toll could rise as rescue efforts […]
Nearly one million people became millionaires worldwide in 2025
Global personal wealth recorded its strongest growth in years during 2025, creating nearly one million new US dollar millionaires worldwide, according to UBS’s latest Global Wealth Report. The bank said stronger financial markets played a major role in boosting asset values, helping total personal wealth rise much faster than in recent years. According to the […]
Karachi board announces Class 10 General Group results
The Board of Secondary Education Karachi has announced the annual Class 10 General Group examination results for both regular and private candidates. Female students dominated the merit list by securing all three top positions, highlighting their outstanding academic performance in this year’s examinations. Tooba Fatima secured first position with 90.27% marks, while Amna Asad claimed […]
Quinones inspires Mexico into World Cup last 16
Julian Quinones continued his outstanding FIFA World Cup campaign by scoring as Mexico defeated Ecuador 2-0 on Tuesday, securing a place in the round of 16. The Colombian-born forward netted his third goal of the tournament, giving home supporters fresh hope that the co-hosts can finally break through their long-standing World Cup barrier and challenge […]
US lifts export curbs on Anthropic’s Fable, Mythos AI models
The US Commerce Department has lifted export controls on Anthropic’s advanced Fable and Mythos AI models, less than three weeks after restricting access over national security concerns. Anthropic confirmed the decision on Tuesday, saying it removed the restrictions after introducing new safeguards designed to reduce security risks while allowing wider access to its latest artificial […]
EU hits Shein, Temu with new €3 parcel fee rules
The European Union has introduced a new €3 charge on low-value e-commerce parcels from China, dealing another setback to online shopping platforms such as Shein, Temu and AliExpress. The fee took effect on Wednesday and applies to each customs classification within a shipment, replacing the long-standing duty-free advantage that allowed many low-cost products valued below […]
PTA revenue plunges as 5G auction delays persist
The Pakistan Telecommunication Authority recorded a sharp decline in income over the past three years, largely because the long-delayed 5G spectrum auction has not taken place. According to the latest report by the Auditor General of Pakistan, PTA’s income dropped by more than 62%, falling from Rs94.1 billion in FY2022-23 to Rs35.3 billion in FY2024-25. […]
Giant MSC Loreto arrives at Karachi Port
One of the world’s largest container ships, MSC Loreto, has arrived at the South Asia Pakistan Terminals at Karachi Port, marking another milestone for Pakistan’s maritime sector. According to the Karachi Port Trust, the vessel’s arrival highlights the port’s growing ability to accommodate some of the largest container ships operating worldwide. MSC Loreto measures 399.9 […]
Govt unveils Data Governance Policy 2026 for public feedback
The Ministry of Information Technology and Telecommunication has released the draft Data Governance Policy 2026 for public consultation, proposing a comprehensive framework for managing, protecting, and sharing government data. The ministry has invited public feedback until July 10 before finalising the policy, which aims to strengthen data governance as Pakistan’s digital transformation accelerates. According to […]
Tariff reforms to reduce import revenue by Rs65 billion
Pakistan’s tariff rationalisation policy is expected to reduce government revenue from imports by billions of rupees after lowering customs duties on several imported goods. Official documents show the revised tariff structure will decrease overall import-related revenue by an estimated Rs65.57 billion as the government moves ahead with broader reforms aimed at restructuring import taxes. The […]