Pakistan’s economic outlook ‘uncertain’, says ADB as it predicts 1.8% growth for FY2024

Islamabad: The Asian Development Bank has said that Pakistan’s economic outlook remains uncertain, as political instability would remain a key risk to the sustainability of stabilisation and reform efforts, according to a media report. The Manila-based lending agency in its ‘Asian Development Outlook’ said potential supply chain disruptions from the escalation of the conflict in…

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China says ‘great positive progress’ made to resolve border row with India

Beijing: China and India have made “great positive progress” to resolve the border standoff, with both sides maintaining close communication, a senior foreign ministry official said here on Friday. The foreign ministry spokesperson Mao Ning’s remarks were further elaboration on China’s reaction to Prime Minister Narendra Modi’s recent statement in which he said that for…

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US rejects latest Chinese bid to rename territories in Arunachal Pradesh

Washington: The United States has expressed strong opposition to China’s assertion of sovereignty over Arunachal Pradesh, terming it “unilateral attempts” by Beijing to assert its territorial claims. Washington’s response comes after China released another list of Chinese names for 30 locations in India’s northeastern state. According to a report by the South China Morning Post (SMCP), an official from…

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