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December 22, 2024

Japan shipping giant Mitsui O.S.K. to stop ordering Chinese LNG carriers
TOKYO — Japan’s Mitsui O.S.K. Lines plans to hold off on making new orders with Chinese shipbuilders for liquefied natural gas carriers in the wake of fees touted by the Trump administration for China-made vessels entering U.S. ports. The operator of the world’s largest fleet of LNG carriers will, instead, buy such ships from South Korean builders.
Russia and Ukraine begin prisoner swap congratulated by Trump
Russia and Ukraine began a major prisoner swap Friday that was agreed at their first direct talks in more than three years, a Ukrainian milit source said. President Donald Trump said the prisoner exchange had already been completed but Kyiv and Moscow did not confirm this and the milit source said the swap was still…
Gold price surge by Rs 3500 per tola in Pakistan
KARACHI: Gold prices in Pakistan have once again witnessed a significant surge, continuing a trend of volatility in the local market. According to the All Pakistan Gems and Jewellers Association, the price of 24-karat gold increased by Rs. 3,500 per tola, bringing the new rate to Rs. 351,000 per tola. Similarly, the price of 10…
Trump’s Harvard foreign student ban rattles Asians on campus and beyond
TOKYO — The revocation of Harvard University’s right to enroll international students by U.S. President Donald Trump’s administration has shocked students across Asia, with experts warning of a prolonged impact on willingness to choose the U.S. as their destination. A Japanese graduate student at Harvard is anxiously questioning his ability to attend next week’s graduation…
U.S. and Iran to resume nuclear talks amid clashing red lines
U.S. Secret of State Marco Rubio said on Tuesday that Washington is working to reach an accord that would allow Iran to have a civil nuclear energy program but not enrich uranium, while admitting that achieving such a deal “will not be easy”. Supreme Leader Ayatollah Ali Khamenei, who has the last say on Iran‘s…
UBL makes KIA Picanto ownership reality
KARACHI: The United Bank Limited (UBL) has introduced a new auto financing scheme, branded as UBL Drive, aimed at making car ownership more accessible and affordable for its customers. This offer specifically targets the KIA Picanto 1.0 AT, allowing buyers to purchase the vehicle with low upfront payment and convenient monthly installments.The initiative is part…
Pakistan denies airspace access to Kashmir-bound flight caught in storm
On The Ground newsletter: Get a weekly dispatch from our international correspondents Get a weekly dispatch from our international correspondents Get a weekly international news dispatch Pakistan reportedly rejected an Indian commercial flight crew’s request to enter its airspace to avoid turbulence after the aircraft was caught in a storm. The IndiGo flight from New…
Indonesia appoints controversial ex-general to run customs authority
JAKARTA — Indonesia’s Ministry of Finance has appointed several new high-ranking officials, including a controversial former lieutenant general to lead its Directorate General of Customs and Excise. Djaka Budhi Utama, whose early retirement from the milit was finalized last week, will replace longtime bureaucrat Askolani, who has been reassigned to the Directorate General of Fiscal…
Police arrest third woman accused of helping escaped Louisiana convicts
Louisiana State Police arrested a 59-year-old woman for allegedly helping 10 inmates break out of Orleans Parish Jail last week, the third woman arrested in connection with assisting the escape. Connie Weeden, a 59-year-old from Slidell, was arrested and charged with one count of being an accessory after the fact for allegedly “assisting the fugitives”…