FT – SindhTribune.com

SoftBank’s Son makes proposal for Japan-US sovereign fund: FT

May 25, 2025

SoftBank’s Son floats idea of Japan-US sovereign wealth fund: FT

May 25, 2025

Pakistan extends airspace ban for Indian flights by one month
Pakistan extends airspace ban for Indian flights by one month ISLAMABAD: Pakistan has decided to extend the closure of its airspace for Indian aircraft by another month, aviation sources confirmed. The ban was initially imposed on April 24 amid heightened tensions between Pakistan and India. It was later extended on May 23, with the previous…
Earthquake tremors again in Karachi
Karachi: Earthquake tremors were felt around Quaidabad, with a magnitude of 3 on the Richter scale. According to the Seismic Monitoring Center, the earthquake had a depth of 8 kilometers, with its epicenter in Malir, no casualties or damages have been reported so far. Additionally, over the past 24 hours, tremors were felt for the…
Iran tensions push up energy, defense stocks in Japan while yen falls
TOKYO — Shares in energy and defense companies shot up in Tokyo and other Asian markets Monday morning as Israel-Iran tensions escalate in a conflict that the U.S. has now entered after striking key Iranian nuclear facilities over the weekend. President Donald Trump has described the U.S. strikes on Iranian nuclear sites as “a spectacular milit success.” Washington’s…
Pakistan condemns strikes on Iranian nuclear facilities
Pakistan condemns strikes on Iranian nuclear facilities UNITED NATIONS: Expressing deep concern over rising tensions in the Middle East, Pakistan condemned the recent US strikes on Iranian nuclear facilities, emphasizing that targeting installations under International Atomic Energy Agency (IAEA) safeguards represents a blatant violation of international law. “These attacks set a dangerous precedent and pose…
What to know about the Islamic New Year and how Muslims observe it
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Muslims will soon welcome a new year in the Islamic lunar calendar, known as the Hijri calendar. The Hijri New…
Heavy rain brings relief for residents of twin cities
Heavy rain brings relief for residents of twin cities RAWALPINDI/ISLAMABAD: Torrential rainfall turned the weather pleasant in the twin cities , breaking the intensity of the ongoing heatwave. According to the Pakistan Meteorological Department, intermittent rain showers continued throughout Rawalpindi, with 15 mm of rainfall recorded in Shamsabad and 27 mm in Saidpur. The downpour…
China pushes cease-fire at UN as Asia echoes call to end Iran war
TOKYO — China’s ambassador to the United Nations issued a fresh rebuke of U.S. strikes on Iranian nuclear facilities at an emergency Security Council meeting, as governments across Asia warily assessed a new era in the Middle East. U.S. President Donald Trump’s decision to enter the Israel-Iran conflict by bombing three key nuclear sites over…
Sri Lanka car market tilts toward EVs with BYD, other Chinese leading
COLOMBO — For decades, Sri Lanka’s roads told a familiar story of sturdy imported Japanese sedans and Indian-built hatchbacks that included marques like Toyota, Nissan and Suzuki. But a quiet revolution is now underway, with electric vehicles from BYD and other Chinese brands ascendant. The island nation’s automobile industry mostly supplies imported cars. This country…
Trump’s impulsive Iran strike casts doubt over US commitment to Asia
Jennifer Kavanagh is a senior fellow and director of milit analysis at Defense Priorities, a foreign policy think tank based in Washington. “Now is the time for peace,” U.S. President Donald Trump declared after authorizing U.S. strikes on Iran’s nuclear facilities at Fordo, Natanz, and Isfahan. Unfortunately, what happens next is something even he cannot…