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Dubai Chambers explores deeper economic ties with China during CCPIT Shanghai talks - Emirates 24|7
Dubai Chambers explores deeper economic ties with China during CCPIT Shanghai talks Emirates 24|7
From Boston to Denver, US drivers cut back as Iran war pushes fuel costs higher
NEW YORK: Boston resident Pat Ouedraogo has cut longer-distance trips, while aspiring law student Skyler Burke drives extra miles to avoid pricier gasoline pumps closer to home. In Houston, auto broker David Wright has switched from a gas-guzzling race car to an all-electric vehicle. These struggles are being echoed by motorists across the United States, many of whom have grown increasingly wary of the Iran war as it drives fuel prices toward record highs. Energy market experts have described...
Global wealth gap grows as aid to world’s poorest sees record drop
The gap between rich and poor nations is growing even wider as actions agreed to by many countries last year, including overhauling the major global financial institutions, remain unfulfilled promises, a UN report has concluded. The report assessing the blueprint adopted in Seville, Spain, last June to narrow the gap and achieve UN development goals for 2030 was issued ahead of next week’s spring meetings in Washington of the International Monetary Fund and the World Bank, the main global...
Gold prices drop in Pakistan — April 11, 2026
KARACHI: Gold prices in Pakistan declined on April 11, 2026, in line with trends in the global bullion market amid ongoing geopolitical developments and US–Iran peace talks in Islamabad. In the local market, the price of 24-karat gold per tola fell by Rs700 to Rs496,962, compared to Rs497,662 on the previous trading day, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association. Similarly, the price of 10 grams of 24-karat gold decreased by Rs600 to Rs426,064 from Rs426...
‘Cancelling orders’ in China: how Hormuz oil crisis is hitting transport, manufacturing
As the Strait of Hormuz reopened and closed again this week, manufacturers across China are navigating a roller coaster of concerns rooted in supply and pricing volatilities. Soaring oil prices have already filtered through to processed fuel and petroleum-based raw materials that help power China’s manufacturing sector – the world’s largest – and a fragile two-week ceasefire between Iran and the United States is unlikely to restore pre-conflict stability in the near term, according to industry.....
UAE pulls US$3.5 billion from Pakistan after Iran war mediation
Days before Pakistan had helped to secure a ceasefire in the Iran war this week, the United Arab Emirates was seeking repayment of a US$3.5 billion deposit from Islamabad’s central bank. The withdrawal, brushed off as a “routine financial transaction” by Pakistan’s foreign ministry, equated to roughly 21 per cent of the country’s foreign exchange reserves. It was accompanied by a wave of criticism on Emirati social media directed at Islamabad. “When our security is directly threatened, we hear.....
Gold prices drop by Rs700 in Pakistan as global rates fall
Gold prices saw a minor decline in Pakistan on Saturday after prices in the international bullion market dropped by $7 per ounce, bringing the new global rate to $1,746 per ounce. Following global trends, local bullion markets also experienced a decline. The price of 24-carat gold per tola dropped by Rs700, bringing it to Rs496,962. The price of 10 grams of gold decreased by Rs600 to Rs426,064. In contrast, silver prices rose in the country. The price per tola increased by Rs50 to Rs8,064...
Global Funds Flee Indian Stocks at Record Pace on Growth Fears
Global funds are dumping Indian equities at a record clip as an energy shock from the US-Iran war threatens to derail the outlook of the world’s fastest-growing major economy.
IOI Properties Files REIT Listing That May Raise $500 Million
IOI Properties Group Bhd. plans to establish a real estate investment trust holding its retail, hotel, and office assets, followed by a listing that could raise about 1.98 billion ringgit ($500 million) for the Malaysian developer.
Capital under tight security with major traffic restrictions imposed
Strict traffic restrictions were imposed across the federal capital on Saturday as US Vice President JD Vance arrived in Islamabad to participate in the US-Iran peace talks, with key highways closed and diversions put in place while authorities sealed multiple routes and restricted access to sensitive areas. Islamabad Police, in a traffic advisory posted on X, said diversions had been implemented on the Islamabad Expressway and Srinagar Highway, while public transport on the Expressway had...
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...