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KARACHI: The Karachi Port Trust handled 340,070 tonnes of cargo comprising 243,588 tonnes of import cargo and 96,482 tonnes of export cargo during last 48 hours, ending at 0700 Hours. The total import cargo of 243,588 tonnes comprised of 100,275 tonnes of Containerized Cargo, 3,484 tonnes of B. Bulk Cargo, 6,503 tonnes of Lentils, 18,662 tonnes of Soya Bean Seeds, & 114,664 tonnes of Liquid Cargo. The total export cargo of 96,482 tonnes comprised of 81,321 tonnes of Containerized Cargo, 121, tonnes of B. Bulk Cargo, & 15,040 tonnes of Cement. Around, 04 ships namely, New ability, one mission, eleni…

DUBAI: A new mechanism adopted by OPEC+ to assess members’ maximum output capacity will ultimately help to stabilise markets and reward those who invest in production, Saudi Energy Minister Prince Abdulaziz bin Salman said on Monday. The OPEC+ group approved the mechanism to assess members’ maximum production capacity to be used for setting baselines from 2027, against which their output targets are set, OPEC said on Sunday. Prince Abdulaziz said the mechanism was “fair and transparent” for determining production levels. “Now we have the most detailed, the most technical, transparent approach of how we can move forward in the future…

DNIPROPETROVSK REGION, Ukraine (AP) — Moving between damp basements and muddy dugouts to fend off constant Russian attacks in the nearly 4-year-old war, exhausted Ukrainian soldiers say their motivation is fortified by knowing they’re fighting for higher cause: the defense of their homeland.But as negotiators try to hammer out a peace deal, the troops also believe that Russia remains determined to conquer Ukraine — either now, or with a fresh army in a few years’ time — no matter what kind of agreement is reached.And they also say Kyiv must maintain a sizable military to protect the now-800-mile (nearly 1,300-kilometer)…

Some of China’s affluent middle class is unwinding bets on Japan, cashing out in real estate and shelving migration plans as a diplomatic stand-off invites a wait-and-see mood on the once-hot destination for capital and talent.The reversal follows escalating tensions sparked by Japanese Prime Minister Sanae Takaichi’s remarks on Taiwan last month. Intermediaries report a surge in profit-taking on property and rising pessimism over immigration, with the chill extending to business visits and education.Liang Bo, a long-time consultant for studying abroad in Japan, said the most frequent question from Chinese parents in recent weeks is simple: “Is it still safe…

North Korean leader Kim Jong-un’s daughter was thrust back into the spotlight late last week at a military spectacle that analysts say was as much about succession planning and extracting concessions from Russia as it was about unveiling new missiles.Ostensibly held to mark the 80th anniversary of the North Korean air force, the ceremony on Friday seemingly served two other purposes: pressing Russia for advanced military technology in return for Pyongyang’s help in the Ukraine war, and acting as a carefully staged rehearsal of possible dynastic succession.North Korea’s Kim Jong-un (centre) is seen accompanied by his daughter Ju-ae at Friday’s…

BEIRUT (AP) — Pope Leo XIV prayed Tuesday at the site of a deadly 2020 Beirut port explosion that has become a symbol of Lebanon’s dysfunction and official impunity as he offered words of consolation to Lebanon’s people on the final day of his first overseas trip.Relatives of some of the 218 people killed by the blast held up photos of their loved ones as Leo arrived at the scorched site. They then stood side-by-side as he greeted each one in a line: Leo grasped their hands, spoke to each one and looked at the photos.The emotional encounter took place…

Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea.Jungang Yan | Moment | Getty ImagesAsia-Pacific markets mostly rose Tuesday, after Wall Street fell as crypto sell-off dented market sentiment.Overnight, bitcoin plunged around 6% to trade below $86,000, marking its worst day since March and pressuring the broader stock market down. The digital currency has struggled to stay above $90,000 since it fell below that level late last month for the first time since April. Other crypto-related stocks, including Coinbase and Strategy, also fell in Monday’s session.Shares of artificial intelligence-related names, Broadcom and Super Micro Computer lost more than 4% and 1%, respectively, indicating more…

At least three Chinese electric vehicle (EV) assemblers rewrote their monthly sales records in November, as consumers rushed to dealers before tax breaks and cash subsidies are phased out from January 1.Analysts and dealers, however, expect a sharp fall in deliveries at the beginning of the new year as buying interest dries up.Stellantis-backed Leapmotor, one of the fastest-selling EV makers this year, delivered 70,327 vehicles in November, hitting an all-time high for the seventh consecutive month. The sales just about beat October’s tally of 70,289 units.Voyah, a unit of state-owned Dongfeng Motor, completed its fourth straight month of record deliveries,…

Broadcom ‘s custom chips are no threat to Nvidia , according to the latter’s CEO. Broadcom’s application-specific integrated circuits (ASICs), also known as custom chips, have soared in popularity with hyperscalers, such as Alphabet ‘s Google. The key partnership led to the successful launch of Google’s Gemini 3. The latest iteration of the AI model was trained on Google’s chips known as tensor processing units (TPUs), co-designed by Broadcom. If you ask Nvidia CEO Jensen Huang, however, there’s nothing to worry about at his company, whose stock has been under pressure since Gemini 3 came out late last month. Nvidia’s all-purpose…

Silver has long played a secondary role to gold — but in 2025, it has begun challenging it for the spotlight. Often dubbed “the poor man’s gold,” silver offers both an inflation hedge and exposure to industrial growth, giving it a uniquely dual appeal.   This year, the white metal has staged an exceptional rally. Prices surged to their highest levels in years, breaking multiple records. Silver surpassed its historic peak of $48.70 per ounce from April 2011, reaching $54.08 per ounce on October 17, 2025, in global markets. In India, spot prices climbed to a record ₹1,76,304 on October…