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Forex policy and market jitters

The State Bank of Pakistan’s new restrictions on individual dollar purchases have triggered predictable debate within financial circles, business communities and ordinary households alike. While the central bank insists these…

Beijing’s big bet

In the last quarter of 2025, China is quietly showing signs that it is turning a corner on one of its most daunting economic challenges: youth unemployment. The National Bureau…

Shutdown in Washington, setup in Beijing?

Comrade Xi must’ve chuckled watching the Capitol shutdown from Beijing. What better advert for yuan-denominated stability than a Washington paralysed by its own budget? What more could the renminbi ask…

Tianjin SCO summit & Beijing military parade

The past week in China was a carefully orchestrated demonstration of power, ambition, and intent. The Shanghai Cooperation Organisation (SCO) Heads of State Summit in Tianjin was swiftly followed by…

Trump’s TV jingle for N-weapons

AMERICA’S Operation Midnight Hammer, targeting three nuclear facilities in Iran, saw two unhinged nuclear weapons states jointly attacking one that had shunned the bomb by a religious edict. Was it then…

Betting on Beijing

As Pakistan celebrates a decade since the China-Pakistan Economic Corridor was launched this year, the country found another immediate reason to celebrate its ties to its ‘iron brother’. Last week’s…

Parts of a jigsaw

TO reassemble the origins of Pakistan, one needs time, money and luck. Col­lectors of deltiology (the study and collection of postcards) need all three to make sense of Pakistan’s jigsaw…