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Diesel price cut by Rs135; petrol sees drop of Rs12
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced a Rs135 per litre cut in diesel and Rs12 per litre in petrol prices for the week ending April 17 to pass on the impact of ease in global prices following a two-week ceasefire between the United States and Iran. The ex-depot price of high-speed diesel (HSD) has now been fixed at Rs385.54 per litre against Rs520.35, showing a 26 per cent or Rs135 per litre decrease. HSD is considered the most inflationary item given its use in freight tr...
FinMin leaves for World Bank-IMF spring meetings in US
Finance Minister Muhammad Aurangzeb has departed for the United States to attend the World Bank Group–International Monetary Fund (IMF) spring meetings 2026, where he is set to engage global financial leaders, policymakers and investors in a packed schedule of over 50 meetings, finance ministry posted on X on Saturday. According to the Ministry of Finance, the meetings, scheduled in Washington, DC from April 13 to 18, will see Pakistan present its economic outlook, reform t...
Helpful analysts predict China property recovery now, soon and much later
A close mainland relative cried her eyes out while video-calling with my wife and me recently. Like many in China who have bought property since the late 2010s, she is sitting on a big loss with her flat outside downtown Chongqing. The city saw sales pick up around the time of the Spring Festival, traditionally an off-season. But when she tried her luck, the offers from potential buyers were brutal, and she called off the sale. Knowing that I work for an English-language newspaper in Hong Kong.....
How Pakistan’s solar boom became a geopolitical buffer
Driven by spiralling electricity tariffs, erratic supply, and policy uncertainty, Pakistan citizens — particularly the urban middle and upper classes — opted out of a failing electricity grid. What began as a private coping mechanism has, quite unexpectedly, evolved into a strategic national buffer at a moment of acute geopolitical stress.Today, following the US–Israel confrontation with Iran and fears mounting over disruptions in the Strait of Hormuz — through which a significant portion of glo...
Costa Coffee 'hires bouncers to guard food and drink' as High Street battles shoplifting epidemic
Costa Coffee 'hires bouncers to guard food and drink' as High Street battles shoplifting epidemicGet your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREEBy DAN WOODLAND, NEWS REPORTER Published: 00:40, 11 April 2026 | Updated: 01:44, 11 April 2026 e-mail 80 View comments
والاستریت ژورنال: عمده عوارض ایران برای تنگه هرمز بر کشورهای خلیجفارس اعمال میشود
والاستریت ژورنال نوشت در صورت اجرای عوارض پیشنهادی جمهوری اسلامی برای کشتیهای عبوری از تنگه هرمز، کشورهای خلیج فارس مانند کویت، عربستان و امارات باید ۸۰ تا ۹۵ درصد هزینه را بپردازند. این طرح اثر محدودی بر قیمت نفت دارد اما میتواند سالانه میلیاردها دلار بار مالی ایجاد کند.
تانکرترکرز: یک نفتکش عظیم حامل نفت ایران، در نزدیکی بندر پارادیپ هند لنگر انداخت
تانکرترکرز گزارش داد نفتکش بسیار بزرگ «جایا» حامل نفت ایران که تحت تحریم آمریکاست، در نزدیکی بندر پارادیپ هند لنگر انداخته و ممکن است نخستین محموله نفت خام ایران را از سال ۲۰۱۹ به هند تحویل دهد. این کشتی پیشتر با روشهای «تغییر هویت» برای دور زدن تحریمها مرتبط بوده است.
Delighted woman shocked after employer began paying her $1,650 an HOUR - but now she's facing charges
Delighted woman shocked after employer began paying her $1,650 an HOUR - but now she's facing chargesBy SOPHIE GABLE, US REPORTER Published: 01:07, 11 April 2026 | Updated: 01:21, 11 April 2026 e-mail 117 View comments
Japan’s Middle East oil habit gets an Iran war reality check
Japan’s energy security has long hinged on Middle Eastern oil. The Iran war simply exposed how breakable that lifeline had become. While a two-week ceasefire agreed on Tuesday promises some relief by reopening the Strait of Hormuz to tanker traffic, analysts say the shock has laid bare vulnerabilities Tokyo cannot easily paper over. As an archipelago nation with no cross-border pipelines, Japan draws more than 95 per cent of its crude from the Middle East and routes the bulk of it through the...
I got a £10,000 loan for my nursing degree. Now they say it's an error and I have to pay it back
I got a £10,000 loan for my nursing degree. Now they say it's an error and I have to pay it back8 minutes agoShareSaveAdd as preferred on GoogleBranwen JeffreysEducation EditorDavid RobinsonDavid Robinson received an email from his university saying he would be expected to pay back his student loans and grantsUntil recently, David Robinson was happy in the knowledge that the nursing degree he finished last year had been a worthwhile investment to move him along in his career with the NHS.He...
Energy bills are set to rise - but not just due to the Iran war
Energy bills are set to rise - but not just due to the Iran warJust nowShareSaveAdd as preferred on GoogleJoshua NevettPolitical reporterPA MediaSince the outbreak of war in Iran, the world has been gripped by another energy crisis and economic analysts expect the UK to be particularly badly affected.At Westminster, MPs have generally been making one of two arguments about ways to lower our energy costs, which can be summed up as:Let's "drill, baby, drill" for more oil and gas in...
Colombia responds to Ecuador’s tariff hike with 100-percent import tax
The tit-for-tat tariff increase comes amid cross-border tension over illicit drugs and fate of politician Jorge Glas.
Inflation rises to its highest mark in nearly 2 years, fueled by Iran war
Inflation rose by 3.3% in March compared to one year ago, the Labor Department reported Friday, the highest such increase since May 2024. That rise was driven by a 21% spike in gas prices in March from the previous month. Jo Ling Kent has details.
We're sitting on a goldmine! North Sea oil hits record high. So WHY won't Red Ed drop his Net Zero madness and back new drilling to give Britain a boost?
The jump in prices caused by the Iran conflict means the UK is sitting on increasingly valuable resources, but can't cash in on them unless the Energy Secretary stops his attacks on fossil-fuel firms.
Wall Street Week | Iran Oil Fallout
This week, Richard Haass of Centerview Partners on what to expect out of US-Iran peace talks. Plus, why Gulf states are begging Trump not to end the Iran war early and how the conflict could hit consumers, from gas prices to interest rates. And, former Canadian Finance Minister Chrystia Freeland warns of stagflation, a food crisis, and the growing strain on the US-led global order as finance leaders gather in Washington at the annual World Bank-IMF meetings. Later, how China quietly built a mon...
Tiger Global Backs PopUp Bagels at $300 Million Valuation
Tiger Global has agreed to invest in PopUp Bagels at a $300 million valuation, according to people familiar with the matter — roughly five times what the startup was quoted at as recently as five months ago.
JD Vance says he believes U.S.-Iran talks will be "positive" as he heads to Pakistan
President Trump expressed confidence on Friday as senior members of his administration prepared for in-person peace talks with Iran. Vice President JD Vance said he believed the negotiations will be "positive" before boarding his flight to Pakistan. CBS News political reporter Zak Hudak reports.
Rachel Reeves is warned fuel tax raid will push thousands of businesses 'to the brink', ramp up food costs for households and stoke inflation
Rachel Reeves is warned fuel tax raid will push thousands of businesses 'to the brink', ramp up food costs for households and stoke inflationGet your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREE By DAVID CHURCHILL Published: 22:44, 10 April 2026 | Updated: 23:32, 10 April 2026 e-mail 198 View comments
Fed Seeks Details on US Banks’ Exposure to Private Credit Firms
The Federal Reserve is asking major US banks for details about their exposure to private credit following a surge in redemptions from the funds and a rise in troubled loans in the industry, according to people with knowledge of the matter.
'Forest city' eco-plan for 400,000 new homes in East Anglia is branded 'dystopian, state-subsidised concrete sprawl'
'Forest city' eco-plan for 400,000 new homes in East Anglia is branded 'dystopian, state-subsidised concrete sprawl'Get your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREEBy NOOR QURASHI, NEWS REPORTER Published: 10:06, 10 April 2026 | Updated: 23:26, 10 April 2026 e-mail 331 View comments