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Credit Suisse shares crashed more than 20 per cent in Zurich, dragging down European bank stocks along with it. US stock futures fell Wednesday morning after rallying strongly on Tuesday.

Intervening as police and other security personnel clashed with PTI workers outside party chief and former Prime Minister Imran Khan's residence, the Lahore High Court on Wednesday ordered a stop to police operation at Zaman Park till 10 a.m. on Thursday, reports said.

After law enforcement agencies pulled back from former Pakistan Prime Minister Imran Khans residence in Lahore on Wednesday, PTI supporters outside Zaman Park cheered and celebrated "chasing Rangers away".

According to The Australia Today, slogans were raised against Hindus calling them 'supremacists' at the Consulate, which is located on Swann Road in the Taringa suburb of Brisbane.

Since Tuesday night, party workers engaged the Islamabad Police -- aided by their Punjab counterparts and later Rangers personnel -- in pitched battles that continued late into the night with no signs of relenting.

In an important development, India has extended an invitation to Pakistan Defence Minister Khawaja Asif to attend the meeting of the Shanghai Cooperation Organisation (SCO), slated to take place in New Delhi next month.

A US Air Force MQ-9 Reaper surveillance drone was brought down over the Black Sea, after what its European Command (EUCOM) described as "an unsafe and unprofessional intercept" by two Russian jets, media reports said.

Law enforcers and Pakistan Tehreek-e-Insaf (PTI) workers clashed on Tuesday as a heavy contingent of police reached Zaman Park in Lahore to arrest former Prime Minister Imran Khan in the Toshakana case - the only case in which his arrest warrants are not suspended, a media outlet reported.

Pakistan Tehreek-e-Insaaf (PTI) Chairman Imran Khan on Tuesday called on his supporters to "come out" as party workers and police officials clashed outside his Zaman Park residence in Lahore, a Pakistani daily reported.

Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon Valley Bank's collapse gripped the market despite US government efforts to stabilize the financial system, media reports said.

US President Joe Biden's words of reassurance on Monday have done little to calm markets as "worries raced around that other smaller US banks could become the latest dominos to fall", as per an expert, media reports said.

US President Joe Biden on Monday calmed an alarmed nation over the Silicon Valley Bank (SVB) collapse vowing to protect depositors' monies, fire the bank management, but declared investors would not be protected as they knew the risks they ran.

US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell and Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg said in a joint statement that all depositors of Signature Bank "will be made whole".

The award was presented by Pedro Pascal. 'The Elephant Whisperers' was competing in the category alongside 'Haulout', 'How Do You Measure a Year?', 'The Martha Mitchell Effect' and 'Stranger at the Gate'.

In an unusual acceptance speech that got him several rounds of applause, Keeravani gave his unusual spin to the ageless hit of The Carpenters, 'Top of the World', that many of his age have grown up grooving to.

The victory is a big one for A24, the indie studio that pushed the zany film to an impressive $100 million at the box office, a stunning achievement at a time when the market for arthouse movies has shrivelled.

Fraser picked up the Academy Award for his role as Charlie, a house-bound 600-pound English teacher who is trying to salvage his relationship with his estranged daughter, played by Sadie Sink.

Malaysian actress Michelle Yeoh has become the first Asian actress to walk home with the Best Actress honour at the 95th Academy Awards. Yeoh was awarded for her stellar work in 'Everything Everywhere All at Once'.

Music composer M.M. Keeravaani said on receiving the honour: "Thank you Academy. I grew up listening to The Carpenters... and here I am at the Oscars. There was only one wish on my mind... So was Rajamouli's and my family... 'RRR', pride of every Indian. Thank you."

US Treasury Secretary Janet Yellen on Sunday said that the federal government will not provide a bailout for Silicon Valley Bank's investors after the bank was abruptly shuttered, but said financial regulators are "concerned" about the impact to depositors and working to address their needs, media reports said.

CEO Greg Becker offloaded over $3.5 million worth of stocks - which amounted to nearly 12,500 shares - in a pre-planned, automated sell-off on February 27, according to a US Securities and Exchange Commission filing, the New York Post reported.

Is India a "friend" for Pakistan? Pakistan Foreign Minister Bilawal Bhutto Zardari choked on the word "friend" while trying to refer to India and with the word stuck in his craw twice, he finally settled on "our neighbouring countries".

Pakistan's Foreign Minister Bilawal Bhutto Zardari has admitted that Islamabad has been unable to get Kashmir to the "centre" of the UN agenda and India's diplomacy is able to scuttle its efforts.

Xi Jinping has started a historic third term as the Chinese President after he was unanimously elected to the top post at the ongoing session of the 14th National People's Congress (NPC) on Friday.

Bangladesh's Foreign Minister A.K. Abdul Momenon has said that Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi would jointly open the maiden cross-border oil pipeline on March 18 for diesel transportation to Bangladesh.