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ISLAMABAD: Pakistan and Iran on Sunday reiterated their commitment to deepening bilateral cooperation in trade, connectivity and other areas, while also pledging to work together for regional peace, the Foreign Office said. Deputy Prime Minister and Foreign Minister Ishaq Dar held a telephone conversation with his Iranian counterpart, Seyyed Abbas Araghchi, during which the two leaders exchanged views on regional developments and the state of bilateral relations. According to the Foreign Office, both sides reaffirmed their resolve to strengthen cooperation in trade, connectivity and people-to-people exchanges, and underscored the importance of close coordination for regional peace and development. Pakistan and…

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PESHAWAR: Prices of important kitchen items remained high in the retail market, said a weekly-market survey carried out by Business Recorder here on Sunday. The survey revealed prices of vegetables, live chicken/meat, sugar, cooking oil/ghee, and flour, pulses, tea and others remained steady as so significant change or increase was witnessed in previous week as compared to preceding week. A one-kilogram live chicken was available at Rs350/kg in the retail market, whereas a dozen of farm eggs were available at Rs420 against the price of Rs360 in the previous week as compared to preceding week. There is no change in…

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KYIV, Ukraine (AP) — Ukraine is rapidly deploying low-cost interceptor drones to counter Russia’s evolving aerial attacks on cities and power infrastructure. Homegrown systems can intercept fast, high-altitude suicide drones at a fraction of the cost of missiles, reshaping modern air defense. ___ A serviceman prepares an interceptor drone of “General Cherry” company before a flight at the polygon in Ukraine, on Dec. 4, 2025. (AP Photo/Evgeniy Maloletka) A serviceman prepares an interceptor drone of “General Cherry” company before a flight at the polygon in Ukraine, on Dec. 4, 2025. (AP Photo/Evgeniy Maloletka) Add AP News on Google Add AP…

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Alex Chen – a Beijing office worker in his late 30s – used to buy his trainers the way plenty of Chinese millennials did: by the swoosh, the stripes and the logo.As a teenager, he would hunt down Nike and Adidas basketball shoes, pulled in as much by the mythology as the materials. These days, he said, he shops differently.“I have always been a huge basketball fan of Michael Jordan and Kobe Bryant,” he said. “Back then, I would specifically seek out Nike and Adidas basketball shoes – wearing a pair of Jordan shoes made me feel like I was…

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KYIV, Ukraine (AP) — The icy ground crackling under their feet, members of an elite Ukrainian drone-hunting team set up for a long night. Antennas and sensors are clipped to a light stand. Monitors and controls are pulled from hard cases, and a game-changing new weapon is readied for deployment. A serviceman controls an FPV drone of “General Cherry” company at the polygon in Ukraine, on Dec. 4, 2025. (AP Photo/Evgeniy Maloletka) A serviceman controls an FPV drone of “General Cherry” company at the polygon in Ukraine, on Dec. 4, 2025. (AP Photo/Evgeniy Maloletka) Add AP News on Google Add…

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When Washington unveiled its “Pax Silica” initiative earlier this month, the absence of countries like India and Vietnam spoke almost as loudly as the presence of Japan, South Korea and Singapore. The message? America’s new vision for the AI supply chain will begin with only its most trusted hands.The Pax Silica Declaration, signed at a summit held in the United States on December 12-13, brought together a carefully chosen group as founding signatories. Alongside the host nation and its East Asian allies were Britain, Australia, Israel and Singapore.The initiative’s carefully curated membership list, which excludes a number of major Indo-Pacific…

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Nearly 270,000 cars with self-driving systems that allow drivers to be “hands off” under certain conditions will be sold in China next year as Beijing allows carmakers to build such vehicles, according to Daiwa Securities.This volume is projected to represent about 1 per cent of China’s total new car sales in 2026, as the expanding adoption of advanced driver assistance systems (ADAS) is poised to stimulate the world’s largest automotive and electric vehicle (EV) market amid waning demand.“Daiwa anticipates that more carmakers with level 3 [L3] autonomous driving capability will receive manufacturing licences,” the Japanese investment bank said in a…

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Nearly 270,000 cars with self-driving systems that allow drivers to be “hands off” under certain conditions will be sold in China next year as Beijing allows carmakers to build such vehicles, according to Daiwa Securities.This volume is projected to represent about 1 per cent of China’s total new car sales in 2026, as the expanding adoption of advanced driver assistance systems (ADAS) is poised to stimulate the world’s largest automotive and electric vehicle (EV) market amid waning demand.“Daiwa anticipates that more carmakers with level 3 [L3] autonomous driving capability will receive manufacturing licences,” the Japanese investment bank said in a…

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George Yeo is a visiting scholar at the National University of Singapore’s Lee Kuan Yew School of Public Policy.He started his career in the military before entering politics in 1988. During his 23 years with the Singaporean government, Yeo held ministerial portfolios ranging from arts to health, trade and – for seven years – foreign affairs.After he left politics, Yeo was vice-chairman of Kerry Group in Hong Kong from 2012 to 2021 and chairman and executive director of its logistics arm from 2012 to 2019.This interview first appeared in SCMP Plus. For other interviews in the Open Questions series, click…

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Remember Nvidia? I want to do the unthinkable: give you the rap on Nvidia spouted by the myriad short sellers who seem to want to break this company’s stock and its intellectual property abilities. It’s daunting and, to some degree, beleaguering even for me, its principal supporter in the media. It’s a brutal parade of horrors, so steel yourself, and — spoiler alert — I don’t believe any of these will derail the story of the company that is now valued at $4.4 trillion. The list includes a narrative that is negative, malevolent, anti-Jensen Huang, and, for the selfish purposes…

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