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Daily Archives: January 18, 2024

Japan literary laureate unashamed about using ChatGPT


January 18, 2024

TOKYO: The winner of Japan’s most prestigious literary award has acknowledged that about “five percent” of her futuristic novel was penned by ChatGPT, saying generative AI had helped unlock her potential. Since the 2022 launch of ChatGPT, an easy-to-use AI chatbot that can deliver an essay upon request within seconds, there have been growing worries about the impact on a …

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Djokovic, Sabalenka go through; Jabeur ousted


January 18, 2024

MELBOURNE: Novak Djokovic fought off anot­her feisty challenge to reach the third round of the Australian Open on Wednesday after women’s champion Aryna Sabalenka made more serene progress and Ons Jabeur crashed out at the hands of a schoolgirl. Top 10 seeds Coco Gauff, Barbora Krejci­kova, Beatriz Haddad Maia, Jannik Sinner, Andrey Rublev and Stefanos Tsitsipas all got through their …

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Debutant Joseph dismisses Smith, Labuschagne after WI crash to 188


January 18, 2024

ADELAIDE: Debutant Sha­mar Joseph gave the West Indies some hope after taking two top-order wickets during Australia’s reply to the tourists’ first innings total of 188 in the opening Test in Adelaide on Wednesday. Australia were 59-2 at stumps, with Usman Khawaja not out 30 and Cameron Green on six. Australia were only 129 runs behind, but with key batsmen …

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IPC seeks opinion of Law Ministry on Zaka’s position to form BoGs


January 18, 2024

LAHORE: The Ministry of Inter-Provincial Coordination (IPC) has decided to take legal opinion of the Law Ministry before getting approval of caretaker Prime Minister Anwaar-ul-Haq Kakar on whether to allow Pakistan Cricket Board’s Interim Management Committee (IMC) Zaka Ashraf to form the Board of Governors (BoGs), the electoral college of the PCB, which has to elect chairman of the Board …

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PSX sheds over 350 points on Pakistan-Iran tensions


January 18, 2024

Shares at the Pakistan Stock Exchange (PSX) lost more than 350 points on Thursday due to escalating tensions between Iran and Pakistan. According to the PSX website, the KSE-100 index lost around 1,038 points at 10:08 am. At 10:31am, the index climbed to 62,797.21. By 3:34pm, it recovered to 63,202.40, or 364.93 points below the previous close of 63,567.33. Mohammed Sohail, chief executive …

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Current account posts $397m surplus


January 18, 2024

KARACHI: Pakistan’s current account posted a significant surplus of $397 million in December 2023, bringing the entire second quarter of the current fiscal year FY24 into positive territory with a surplus of $198m. The December surplus was primarily attributed to higher exports, increased remittances, and a significant decline in imports, helping the country gain control over the most pressing economic …

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Polls-driven uncertainty wipes out 170 points


January 18, 2024

KARACHI: Share prices remained on the downward trajectory for the third consecutive session amid continued selling pressure emanating from pre-poll uncertainty and escalation of border tensions with Iran as a result the benchmark 100-share index closed in the red after moving in both directions. Equities began trading on a positive note on the back of a significant current account surplus, …

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Socar to supply LNG cargo next month


January 18, 2024

ISLAMABAD: With the involvement of top-level leadership, Pakistan and Azerbaijan have shielded a G2G framework agreement they signed in July last year for the supply of Liquefied Natural Gas (LNG) without competitive bidding after a brief hiccup. The state-run Pakistan LNG Ltd (PLL) on Wednesday announced that it had secured LNG cargo from the State Oil Company of the Azerbaijan …

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KPT chief grills shipping firms for ‘undue charges’


January 18, 2024

KARACHI: Karachi Port Trust (KPT) Chairman Syed Syedain Raza Zaidi has said the authority will go very tough against the highhandedness of shipping companies for terribly looting the business community by overcharging under various headers without any justification. The shipping companies need to submit details of their registration, licence, relevant laws or any agreements within 10 days which authorised them …

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