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President Ferdinand Marcos Jnr’s sharp decline in public trust and approval, set against Vice-President Sara Duterte-Carpio’s steadier numbers, underscores the shifting balance of power between two of the most influential political dynasties in the Philippines.While both leaders remain broadly popular, analysts say the latest figures suggest Duterte-Carpio’s camp may be regaining momentum as Marcos grapples with scandals, governance missteps and waning confidence in his leadership – deepening a political rupture that has turned the former allies into open rivals.The latest nationwide OCTA Research survey, conducted from September 30 to October 4 and released on Wednesday, paints a more detailed picture…
Fecto Cement Limited (FECTO) has announced the completion of the sale of its investment property located near Islamabad International Airport, Rawalpindi. In a notice to the Pakistan Stock Exchange (PSX) on Friday, FECTO stated that the entire sale proceeds have been received, marking the full completion of the transaction. “We are pleased to announce that the sale of the company’s investment property situated near Islamabad International Airport, Airport Avenue Road, Laundi, Thalian, Rawalpindi, having a total covered area of 124.625 kanals, has been fully completed, and the entire sale proceeds have been received,” read the notice. The Board of Directors…
Developing China’s “new quality productive forces” – a growth model championed by Beijing that emphasises technological breakthroughs and industrial upgrades – does not mean abandoning traditional industries, but rather integration and transformation through innovation, according to the ruling Communist Party’s leading theoretical journal.The sustained driving force for economic growth comes from both fostering emerging industries and upgrading traditional ones – a dual-pronged push that must be tailored to local conditions – said Qiushi, which often serves as a platform for disseminating official policies, in an article published on its website on Friday.The article acknowledged that since Beijing began promoting the…
Chinese artificial intelligence systems are nearing levels of “frontier risks” similar to their US counterparts, according to a study.Recent advances in the capabilities of AI models from DeepSeek and other Chinese firms heightened the possibility that these systems could be misused by bad actors or escape human control, according to Concordia AI, a Beijing-based consultancy focused on AI safety in China.As AI models grew more powerful, their frontier risks – or their potential to endanger public safety and social stability – have raised alarms among experts about possible catastrophic consequences, including the destruction of humanity.Concordia AI’s assessment, based on its…
The British pound fell in European trading on Friday against a basket of major currencies, resuming losses after a two-day rebound from a seven-month low against the US dollar. The decline came as investors grew increasingly concerned about the upcoming UK budget, expected to be announced soon. UK Chancellor of the Exchequer Rachel Reeves signaled this week that broad-based tax increases are on the way to avoid a return to “austerity,” describing them as “difficult choices” aimed at protecting public spending and reducing Britain’s debt burden. As expected, the Bank of England on Thursday left interest rates unchanged…
Beco Steel Limited has initiated supplying steel angles used in electric transmission poles and related infrastructure to various Water and Power Development Authority (WAPDA) and Distribution Companies (DISCOs) projects through indirect vendors. The listed steelmaker disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday. The company stated that this development positions it to be included in the approved vendor list of these entities, enabling it to supply directly for upcoming power and infrastructure projects. “This development is expected to further strengthen the company’s presence in the power sector and contribute positively towards its sales, profitability…
PARIS (AP) — The diamond and emerald-studded crown of Empress Eugénie, which was found damaged outside the Louvre after apparently being dropped during the Oct. 19 robbery, will be restored as a symbol of “renaissance,” the museum’s director Laurence des Cars said Friday.Thieves made away with eight objects on display at the Paris museum, including a sapphire diadem, necklace and single earring from a set linked to 19th-century Queens Marie-Amélie and Hortense. They forced their way through a window into the Apollo Gallery with the help of a freight lift, using disc cutters to cut through display cases and steal…
The Collectorate of Customs Enforcement, Karachi, seized over 42,200 litres of smuggled Iranian diesel worth over Rs12 million on Friday, in a successful operation against the illegal storage and sale of smuggled Iranian diesel along the Northern Bypass, Karachi, read a statement. Acting on credible intelligence, Customs teams launched a coordinated operation under the supervision of senior officers during the early hours to prevent the movement of contraband to a safe location. Several concealed tanks and makeshift facilities were discovered, leading to the recovery of approximately 42,200 litres of Iranian diesel, valued at over Rs12million. “The seized fuel has been…
The Collectorate of Customs Enforcement, Karachi, seized over 42,200 litres of smuggled Iranian diesel worth over Rs12 million on Friday, in a successful operation against the illegal storage and sale of smuggled Iranian diesel along the Northern Bypass, Karachi, read a statement. Acting on credible intelligence, Customs teams launched a coordinated operation under the supervision of senior officers during the early hours to prevent the movement of contraband to a safe location. Several concealed tanks and makeshift facilities were discovered, leading to the recovery of approximately 42,200 litres of Iranian diesel, valued at over Rs12million. “The seized fuel has been…
The publicist of Taiwanese influencer Iris Hsieh, who was found dead in a Kuala Lumpur hotel room shared with Malaysian rapper Namewee, has paid tribute to his friend, hitting back at a cascade of “outrageous” rumours about the former nurse that have filled the information gap left by Kuala Lumpur police.Hsieh, 31, who shot to fame over TikTok and OnlyFans, was found dead in a bathroom of the Banyan Tree Hotel on October 22. She had arrived two days earlier in Malaysia to reportedly work on a video collaboration with Namewee, a controversial rapper and actor, whose real name is…