Nissan, Honda call off $60 billion merger deal
The Nissan and Honda merger deal, for a potential $60billion, collapsed on Thursday because of disagreements over the balance of power.
Trump slaps tariffs on China, Mexico, and Canada
WASHINGTON: The United States President Donald Trump has imposed new tariffs on imports from China, Mexico, and Canada. The White House said that it imposed 25% tariffs on Canada and Mexico and 10% on China. Canadian energy faces a lower 10% tariff. He warned of these tariffs if the countries
China’s DeepSeek or American ChatGPT: Which one is better?
China has just launched its own AI chatbox, called DeepSeek which is cheaper than ChatGPT, an American AI chatbox which was released to the public in 2022.
Pakistan Air Force ranked among the most powerful forces globally
A recent report highlights that the Pakistan Air Force has achieved a notable ranking among the world's leading air forces in 2025.
Pakistan pursues economic diversification with launch of yuan-denominated Panda bonds
Pakistan plans to launch a yuan-denominated Panda Bond by the end of the current fiscal year in May-June 2025 to enter into the Chinese market to raise $200 million in the first stage.
Mohsin Naqvi was not invited to swearing-in of Trump
Pakistani senator Irfan Siddiqui has confirmed that Interior Minister Mohsin Naqvi was not invited to attend the swearing-in ceremony of newly elected United States (US) President Donald Trump.
EU challenges China’s high-tech patent rules at WTO
WEB DESK: The European Union (EU) has initiated a challenge in the World Trade Organisation (WTO) against China relating to high-tech patent royalty rates. This further highlights the rising trade tensions between Brussels and Beijing. According to the European Commission, China pressures European high-tech companies to offer relatively low royalties
Pakistan to launch first-ever Panda Bond to raise $200 million in China
WEB DESK: Finance Minister Muhammad Aurangzeb has announced that Pakistan is set to issue its inaugural Panda Bond in June. The move is expected to raise about $200 million from the Chinese certainly a significant step in boosting Pakistan’s presence in capital markets in China. In an exclusive interview with
Govt official demands apartment in Burj Khalifa as bribe
A government official in Sindh is reportedly under scrutiny for allegedly soliciting a luxury apartment in Dubai’s Burj Khalifa as a condition for granting a tender.
iPhone loses sales crown in China to Vivo, Huawei
REUTERS: Apple was dethroned as China’s biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country declined 17 per cent, data from research firm Canalys showed on Thursday. It was Apple’s largest-ever annual sales decline in China and