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KARACHI: The State Bank of Pakistan (SBP) on Monday raised the benchmark policy rate by 150 basis points (bps) to 13.75% for the next six weeks to maintain the balance between inflation and economic growth. The central bank believes that…

MUSCAT: Iran’s President Ebrahim Raisi arrived in Oman on Monday as the two countries signed a string of trade deals and as international talks on Tehran’s nuclear programme hang in the balance, leaving the Islamic republic under sanctions.…

BEIJING: China will adopt a package of targeted, forceful and effective measures to support the economy, state television quoted the cabinet as saying on Monday, as downward pressure intensifies. China would strive to bring its economic…

DAVOS: Ukrainian President Volodymyr Zelensky said Monday that 87 people were killed in a Russian attack earlier this month on a military base in a region of northern Ukraine that was earlier reclaimed by Kyiv’s forces. “Today, under the…

SYDNEY: China’s foreign minister Wang Yi will visit the Solomon Islands this week and sign key agreements, expected to include a security pact criticised by the United States, Australia and Japan. The Solomon Islands government and China’s…

PARIS: Japan’s Naomi Osaka crashed out of the French Open in a 7-5 6-4 first-round loss to American Amanda Anisimova on Monday, a year after her dramatic withdrawal from the claycourt Grand Slam tournament amid mental health issues. Up…

The government has decided to complete its constitutional tenure till August 2023 amid pressure from Pakistan Tehreek-e-Insaf (PTI) to announce early elections, PEN reported on Monday. The decision comes a day after PTI announced to…

The State Bank of Pakistan (SBP) announced the successful integration of the Central Directorate of National Savings (CDNS) with its instant payment system 'Raast'. Taking to Twitter, the central bank said that it is "pleased to announce…

The Election Commission of Pakistan (ECP) officially de-notified on Monday 25 dissident Pakistan Tehreek-e-Insaf (PTI) lawmakers elected on general seats as well as five others elected on reserved seats. “Pursuant to the Order dated the…

Prime Minister Shehbaz Sharif has called on the world to take note of the Indian government's "mistreatment of political prisoners in Indian Illegally Occupied Jammu and Kashmir (IIOJK)" and hold Prime Minister Narendra Modi's regime…