Gold extended its blistering rally on Wednesday, surging past the $5,200 mark for the first time, as the US dollar sank to a near four-year low amid growing investor unease over US economic prospects and currency policy. Read More: Gold price tumbles Rs1,500 in Pakistan Spot gold rose 1.1% to $5,243.58 per ounce by 0314 GMT, […]
Trump
Kristen Stewart may leave US over Trump’s film industry policies
LOS ANGELES: Actress and filmmaker Kristen Stewart has indicated that she may move out of the United States due to her opposition to President Donald Trump’s policies, particularly those affecting the film industry. Read More: Kristen Stewart dismantles Hollywood’s ‘Genius Male Star’ illusion In a recent interview with The Times, Stewart said, “I can’t work freely […]
Ahsan Iqbal defends Pakistan’s role on Trump’s board
ISLAMABAD: Pakistan has joined US President Donald Trump’s Board of Peace, aiming to support ceasefires and reconstruction in Gaza. Planning Minister Ahsan Iqbal defended the move, saying Pakistan contributes alongside Muslim nations like Saudi Arabia, Turkey, Qatar, and the UAE. The decision sparked criticism from opposition parties over lack of parliamentary consultation. Iqbal said Pakistan […]
TikTok forms US joint venture to avoid ban
TikTok announced on Thursday that it has established a majority American-owned joint venture to operate its US business, enabling the app to sidestep a potential ban over its Chinese ownership. The TikTok USDS Joint Venture LLC will serve more than 200 million users and 7.5 million businesses, implementing strict safeguards for data protection and content […]
Trump says US ‘armada’ heading toward Gulf amid Iran tensions
US President Donald Trump announced on Thursday that a “massive fleet” of American naval forces was being sent toward the Gulf, citing close monitoring of Iran, even as he emphasized that he preferred diplomacy over immediate military action. Trump made the remarks to reporters aboard Air Force One while returning from the World Economic Forum […]
Trump withdraws invitation for Canada to Board of Peace
US President Donald Trump on Thursday revoked an invitation for Canada to join his newly launched Board of Peace initiative, following Canadian Prime Minister Mark Carney’s speech at the World Economic Forum in Davos. Read More: Trump wants nations to pay $1bn to stay on his ‘Board of Peace‘ Carney, in his address, criticised the use […]
NATO chief: Greenland not on Trump’s radar
NATO Secretary-General Mark Rutte said Greenland’s future with Denmark was not discussed with President Trump. Trump has stepped back from threats of tariffs or military action. The US and Denmark are exploring a framework deal for the Arctic region. Rutte spoke in an interview with Fox News’ “Special Report with Bret Baier” on Wednesday. He […]
Pakistan signs on as Trump unveils Gaza peace board
U.S. President Donald Trump officially announced the Gaza Board of Peace at a signing ceremony in Davos, Switzerland, on Wednesday. Pakistan’s Prime Minister Shehbaz Sharif, along with leaders from several other countries, signed the agreement. The board aims to promote peace, dialogue, and development projects in Gaza and the wider region. Speaking at the event, […]
Trump blocks Wall Street investors from buying single-family homes
WASHINGTON: President Donald Trump on Tuesday signed an executive order aimed at restricting Wall Street backed investors from purchasing single-family homes, citing concerns over housing affordability and community ownership. Read More: Asian markets swing as investors weigh Wall Street losses The order directs federal agencies to limit support for institutional purchases of single-family properties and calls on the […]
Trump appointed Virginia prosecutor Lindsey Halligan resigned after court rebuke
WASHINGTON: Lindsey Halligan, the Trump-appointed interim U.S. attorney for the Eastern District of Virginia, has resigned following a series of scathing court rulings that challenged the legality of her appointment. Read More: Top Democratic senator warns Trump on ‘path to dictatorship’ The resignation was announced by U.S. Attorney General Pam Bondi on X, formerly Twitter, […]