Day: July 11, 2025

US and China resume dialogue at ASEAN gathering today

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KUALA LUMPUR: US Secretary of State Marco Rubio will meet his Chinese counterpart Wang Yi on Friday on the sidelines of an ASEAN foreign ministers’ meeting in Malaysia, the State Department said. The meeting comes as Washington and Beijing remain locked in disputes over issues ranging from trade and fentanyl to Taiwan and advanced technology. Rubio and Wang are in Kuala Lumpur for a gathering of foreign ministers from the Association of Southeast Asian Nations, which Japan, South Korea and Australia are also attending. Tensions between Washington and Beijing have…

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World Rubio has ‘positive’ meeting with China’s Wang at ASEAN talks

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US Secretary of State Marco Rubio on Friday said he had a “positive” meeting with his Chinese counterpart Wang Yi on the sidelines of ASEAN talks in Malaysia, where Washington’s tariffs are in sharp focus. Rubio and Wang’s first face-to-face meeting since US President Donald Trump returned to office came as Washington and Beijing are locked in disputes ranging from trade to Taiwan — and both powers vie for greater influence in the region. counterpart Xi Jinping will happen By AFP July 11, 2025 US Secretary of State Marco Rubio meets…

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First AI chef-operated restaurant set to launch in Dubai

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In Dubai, your dinner might soon come with a side of source code. WOOHOO, a restaurant that bills itself as “dining in the future”, is set to open in September in central Dubai, a stone’s throw from the world’s tallest building, the Burj Khalifa. Food at WOOHOO will be assembled by humans, for now, but everything else — from the menu to ambience to service — will be designed by a culinary large-language-model called “Chef Aiman.” Aiman — a portmanteau of “AI” and “man” — is trained on decades of…

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Bitcoin hits record high on institutional investor demand

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Bitcoin surged to a record high on Friday, driven by strong institutional demand and supportive cryptocurrency policies under US President Donald Trump’s administration. The world’s largest digital asset climbed to an intraday peak of $116,781.10 during the Asian trading session, extending its year-to-date gains to over 24%. It was last quoted at $116,563.11. “Bitcoin’s new all-time high is being driven by relentless institutional accumulation — major players are scooping up supply and drying up liquidity on exchanges,” said Joshua Chu, co-chair of the Hong Kong Web3 Association. In March, Trump…

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PSX climbs on upbeat earnings expectations, strong macro indicators

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The equity market rose on Friday as improved macroeconomic indicators and strong corporate result expectations continued to drive investor sentiment. “Improved macroeconomic indicators and better expectations relating to corporate results” are driving the momentum, said Samiullah Tariq, Head of Research at Pak-Kuwait Investment Company. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index climbed to an intraday high of 134,920.76, gaining 1,138.42 points, or 0.85%, while touching a low of 134,130.40, reflecting an increase of 348.06 points, or 0.26% The rally follows fresh data from the State Bank of Pakistan (SBP),…

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Trump slaps 35% tariff on Canada, plans more for others

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US President Donald Trump said on Thursday the United States would impose a 35% tariff on imports from Canada next month and planned to impose blanket tariffs of 15% or 20% on most other trading partners. In a letter released on his social media platform, Trump told Canadian Prime Minister Mark Carney the new rate would go into effect on August 1 and would go up if Canada retaliated. In a post on X late on Thursday, Carney said his government will continue to defend Canadian workers and businesses in…

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Imran Khan’s sons not beyond law’s reach: Kundi

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Khyber Pakhtunkhwa Governor Faisal Karim Kundi has said that the children of PTI founder Imran Khan are not above the law and will face legal action if they try to act outside its bounds, just like any ordinary citizen. Speaking to Geo News, Kundi commented on recent PTI protests, calling them unsuccessful. He noted that holding peaceful demonstrations was everyone’s right, including the children of the PTI founder — Sulaiman and Kasim — but added that “if they cross the legal line, the law will take its course.” “PTI founder’s children…

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UAE DPM assures Naqvi of addressing visa-related concerns

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The United Arab Emirates (UAE) has assured Pakistan of addressing visa-related concerns as the two countries discussed boosting cooperation in different fields. The development came as Interior Minister Mohsin Naqvi met UAE Deputy Prime Minister and Minister of Interior Lt General Sheikh Saif bin Zayed Al Nahyan during his official visit to the Gulf country. Naqvi was warmly received at the UAE Ministry of Interior, where he was given a guard of honour. The interior minister was introduced to senior officials of the ministry before engaging in detailed discussions on…

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India facing international isolation due to its aggressive policies: DPM Dar

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Deputy Prime Minister Ishaq Dar said on Friday that India’s aggressive regional policies are contributing to its growing diplomatic isolation on the international stage. Speaking at an event hosted by the Pakistan High Commission in Kuala Lumpur, Dar, who also holds the portfolio of foreign minister, criticised India’s recent suspension of the Indus Waters Treaty (IWT) and termed the act as strange move. Pakistan and India engaged in military conflict in May this year, wherein the nuclear-armed rivals used missiles, drones, and artillery fire during the four-day fighting — their…

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