Markets Asian shares retreat as investors question US economic strength SYDNEY: Asian share markets were mildly weaker on Tuesday as global investors consider the prospect the US economy’s... Published 04 Jun, 2024 11:05am
Markets China’s yuan weakens, defying broader Asia gains HONG KONG: China’s yuan eased against the dollar on Tuesday, defying wider gains in Asian currencies as foreign... Published 04 Jun, 2024 11:03am
Markets Most Asian FX rise on bets on Fed rate cut, Indian markets dive Most Asian currencies were boosted by a weaker greenback overnight on Tuesday, as data from the world’s largest... Published 04 Jun, 2024 11:01am
Markets Indian rupee to inch up at open, traders eye election verdict MUMBAI: The Indian rupee will open marginally higher on Tuesday, with the intraday direction to be dictated by... Published 04 Jun, 2024 11:00am
Markets Forex intervention had a certain impact: Japan finance minister TOKYO: Japan’s foreign exchange market intervention in late April and early May had a certain impact, Finance... Published 04 Jun, 2024 10:58am
Markets India 10-year yield sees biggest spike in 8 months on poll results uncertainty MUMBAI: Indian government bond yields jumped sharply, with the 10-year benchmark bond yield seeing its biggest surge... Published 04 Jun, 2024 10:56am
Business & Finance South Korea consumer inflation slows to 10-month low SEOUL: South Korea’s consumer inflation slowed for a second straight month in May to a 10-month low, official data... Published 04 Jun, 2024 10:51am
Markets Australia shares flat as miners offset gains in financials, healthcare Australian shares were largely flat on Tuesday, as losses in heavyweight mining stocks offset gains in banking,... Published 04 Jun, 2024 10:50am
Markets Dalian iron ore extends loss on faltering near-term China demand BEIJING: Iron ore futures were mixed on Tuesday, with the Dalian benchmark extending losses amid lingering concerns... Published 04 Jun, 2024 10:48am
Markets Palm oil falls more than 3% on weaker Dalian contracts and crude oil KUALA LUMPUR: Malaysian palm oil futures fell over 3% on Tuesday as trading resumed after a public holiday, with... Published 04 Jun, 2024 10:47am
Markets Gold flat as spotlight shifts to US data Gold prices were flat in early Asian trading on Tuesday after a sharp gain in the previous session, as investors... Published 04 Jun, 2024 10:45am
World Indian PM Modi’s alliance leads in majority of seats in early counting trends, TV says NEW DELHI: Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP)-led alliance raced to a clear majority... Published 04 Jun, 2024 10:29am
Markets India markets fall as victory margin for Modi unclear in early trends MUMBAI/SINGAPORE: Indian financial markets sold off sharply on Tuesday morning, as early vote counting trends... Published 04 Jun, 2024 10:18am
Markets Japan’s Nikkei slips; investors seize profits after two-day rise TOKYO: Japan’s Nikkei share average fell on Tuesday as profit-taking set in after Japanese equities rebounded close... Published 04 Jun, 2024 09:59am
Markets Dollar wallows at multi-month lows as Fed cut bets firm TOKYO: The dollar languished at its lowest since March against the euro and sterling on Tuesday as signs of a... Published 04 Jun, 2024 09:50am
Markets Oil falls further on worries of supply rising later in 2024 Oil prices eased in Asian trade on Tuesday, extending losses from the previous session when prices fell to their... Published 04 Jun, 2024 09:46am
BR Research CPI: a surprise reading – but will it hold? Over the past two years, rising inflation shattered records and surpassed analysts’ expectations. However, a... Published 04 Jun, 2024 09:01am
BR Research Sugar industry: political affiliation isn’t helping The sugar industry is in the news again. The industry wants a license to export surplus stocks; the government wants... Published 04 Jun, 2024 08:58am
BR Research Octopus Digital Limited Octopus Digital Limited (PSX: OCTOPUS) was incorporated in Pakistan as a private limited company in 2017 as Avanceon... Published 04 Jun, 2024 08:55am
Perspectives Sovereign and strategic: looking at a budget beyond the IMF Recently, Pakistan’s coffers were replenished with the final tranche from the IMF’s Stand-by Agreement (SBA),... Published 04 Jun, 2024 08:00am
World Claudia makes history as Mexico’s first woman president MEXICO CITY: Claudia Sheinbaum was elected Mexico’s first woman president by a landslide, making history in a... Published 04 Jun, 2024 06:28am
World Turkey inflation hits 75pc in expected peak before relief ISTANBUL: Turkish annual consumer price inflation reached 75.45% in May, a bit above expectations, according to... Published 04 Jun, 2024 06:28am
World Biden’s son Hunter stands trial on gun charge WILMINGTON, (United States): Hunter Biden, the long-troubled son of Joe Biden, went on trial Monday on gun charges ... Published 04 Jun, 2024 06:28am
World India praises vote conduct with Modi tipped to win NEW DELHI: India’s election commission said Monday a staggering 642 million people voted in just-concluded... Published 04 Jun, 2024 06:28am
World Indian Islamic centre warns Muslims against felling trees LUCKNOW, (India): One of India’s most influential Islamic centres has warned Muslims not to chop down trees or ... Published 04 Jun, 2024 06:28am
Pakistan The Weather KARACHI: The weather report on Monday (June 03, 2024) and the forecast for Tuesday (June 04, 2024)... Published 04 Jun, 2024 06:28am
Pakistan Islamabad to have e-buses very soon ISLAMABAD: Electric buses will begin operating in Islamabad as these buses will reach Islamabad on Tuesday.... Published 04 Jun, 2024 06:28am
World Russia proposes raising extraction tax rates on diamonds, gold, iron ore MOSCOW: Russia’s finance ministry on Monday proposed increasing mineral extraction rents from next year on ... Published 04 Jun, 2024 06:28am
World Brexit firebrand Farage shakes up UK election fight: UK poll predicts biggest ever Labour win LONDON: Britain’s opposition Labour party could be on the path to the biggest election victory in its history,... Published 04 Jun, 2024 06:28am
Pakistan PTI lauds IHC for cypher case verdict ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Monday lauded the Islamabad High Court (IHC)’s verdict which ... Published 04 Jun, 2024 06:28am
Pakistan ‘Haqeeqi Azaadi March’: Imran, Qureshi & others acquitted in two cases of vandalism ISLAMABAD: A local court, on Monday, acquitted Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, PTI’s vice... Published 04 Jun, 2024 06:28am
Pakistan Iddat case: Court seeks arguments on appeal of IK, Bibi ISLAMABAD: The district and sessions judge to whom the Islamabad High Court (IHC) transferred the Iddat case on... Published 04 Jun, 2024 06:28am
Pakistan Peace, stability in Balochistan: Cabinet asks Naqvi to hold talks with key stakeholders ISLAMABAD: The Federal Cabinet has directed Interior Minister Mohsin Naqvi to hold consultation with key ... Published 04 Jun, 2024 06:28am
Pakistan JI chief says to launch ‘movement’ for ‘Karachi’s rights’ KARACHI: Central Chief of Jamaat-e-Islami (JI) Hafiz Naeemur Rehman on Monday announced a ‘decisive’ movement ... Published 04 Jun, 2024 06:28am
Pakistan Fighting malnutrition: BISP, UNICEF agree to forge close collaboration ISLAMABAD: The federal government and the United Nations have reiterated to collaborate closely to address... Published 04 Jun, 2024 06:28am
Pakistan OGDCL commences production at Chanda-7 well in Kohat ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production... Published 04 Jun, 2024 06:28am
Sports ICC announces prize money for Men’s T20 World Cup LAHORE: The International Cricket Council (ICC) has announced prize money of US$11.25 million for the Men’s T20... Published 04 Jun, 2024 06:28am
Pakistan Alvi advocates equal access to justice for all LAHORE: Former president and Pakistan Tehreek-e-Insaf (PTI) senior leader Dr Arif Alvi has said that fake and... Published 04 Jun, 2024 06:28am
Pakistan Maryam for crackdown on electricity thieves LAHORE: Punjab Chief Minister Maryam Nawaz has directed the authorities concerned to accelerate crackdown against ... Published 04 Jun, 2024 06:28am
Pakistan Rainy spell likely to weaken ongoing heatwave KARACHI: The prevailing scorching heatwave is anticipated to dissipate with a fresh pre-monsoon thunder-dusty-rainy... Published 04 Jun, 2024 06:28am
Pakistan Anti-polio campaign kicks off across Sindh KARACHI: A critical anti-polio campaign begun on Monday across Sindh province, including Karachi. The drive aims to... Published 04 Jun, 2024 06:28am
Pakistan At least 11 coalminers suffocated to death QUETTA: At least 11 coalminers suffocated to death in a build-up of methane gas in a mine outside Quetta on Monday, ... Published 04 Jun, 2024 06:28am
Pakistan 56th annual ‘mango festival’ in Mirpurkhas: Role of Sindh Agriculture University lauded HYDERABAD: Sindh Agriculture University (SAU) Tandojam played a pivotal role as a key partner at the 56th Annual... Published 04 Jun, 2024 06:28am
Pakistan Zayn Venture Capital becomes Resident VC at NSTP-NUST ISLAMABAD: In a significant addition to the entrepreneurial ecosystem at NUST, Zayn Venture Capital has entered into... Published 04 Jun, 2024 06:28am
Pakistan St Patrick’s High School opens sports summer camp KARACHI: St. Patrick’s High School one of the oldest schools of Karachi (163 years old) inaugurated its Sports... Published 04 Jun, 2024 06:28am
Pakistan Man held for using gas illegally: 230 illegal gas connections removed KARACHI: SSGC has been relentlessly pursuing gas theft miscreants with an effective blend of regular raids,... Published 04 Jun, 2024 06:28am
Pakistan Arif Alvi welcomes Saudi investment in country LAHORE: Former President Arif Alvi on Monday welcomes Saudi Arabia's investment in Pakistan, saying we need... Published 04 Jun, 2024 06:28am
Pakistan Collective efforts needed to deal with disasters: Minister LAHORE: Provincial Minister for Health and Emergency Services Khawaja Salman Rafique, who is Chairman Committee for... Published 04 Jun, 2024 06:28am
Sports Lion Junior Squash Open: Mahnoor Ali wins Gold Trophy LAHORE: Mahnoor Ali, an 11-year-old Pakistani squash prodigy, achieved a significant milestone by clinching the gold... Published 04 Jun, 2024 06:28am
Pakistan Personal appearance: Elahi allowed one time exemption LAHORE: A special court on Monday allowed one time exemption to former Punjab Chief Minister Ch Pervez Elahi from... Published 04 Jun, 2024 06:28am
Pakistan GB CM, Aurangzeb discuss federal budget ISLAMABAD: Chief Minister of Gilgit-Baltistan Gulbar Khan called on Federal Minister for Finance and Revenue Senator... Published 04 Jun, 2024 06:28am
Pakistan Govt introducing major reforms to modernize education system: Minister ISLAMABAD: Secretary, Ministry of Federal Education Mohyuddin Ahmad Wani Monday announced that the government is... Published 04 Jun, 2024 06:28am
Pakistan LHC expresses displeasure LAHORE: The Lahore High Court on Monday expressed displeasure over the unpreparedness of a lawyer of a petitioner ... Published 04 Jun, 2024 06:28am
Pakistan LWMC to set up awareness camps in cattle markets LAHORE: Ahead of Eid-ul-Azha, the Lahore Waste Management Company (LWMC) would set up services delivery awareness... Published 04 Jun, 2024 06:28am
Pakistan Suspect held over snatching mobile phones from two KSA diplomats ISLAMABAD: The city police on Monday claimed to have arrested a suspect allegedly involved in snatching mobile ... Published 04 Jun, 2024 06:28am
Pakistan UK diplomat hits car to traffic cop ISLAMABAD: A female British diplomat, on Monday, hit and seriously injured a police personnel riding a bike in the... Published 04 Jun, 2024 06:28am
Pakistan Imran, Qureshi acquitted in cypher case ISLAMABAD: The Islamabad High Court (IHC), Monday, acquitted Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and... Published 04 Jun, 2024 06:28am
Print April FCA: KE seeks provisional adjustment ISLAMABAD: K-Electric (KE) has sought provisional adjustment in its fuel charges under three scenarios for the month... Updated 04 Jun, 2024 09:35am
Print Business confidence improves by 4pc: OICCI survey KARACHI: Business confidence in Pakistan has improved by 4 percent, though it remains in the negative, as reflected... Updated 04 Jun, 2024 09:22am
Print Sinopec not interested in refinery project ISLAMABAD: The government’s plan to set up an oil or petrochemical refinery with China’s cooperation is almost a... Updated 04 Jun, 2024 08:45am
Print Chinese IPPs step up pressure for payment of dues ISLAMABAD: As Prime Minister Shehbaz Sharif is leaving for China on a four-day (June 4-8) official visit on Tuesday... Updated 04 Jun, 2024 09:34am
Business & Finance Second phase of CPEC to focus on agri, industrial cooperation: Chinese CG KARACHI: Not many Pakistanis have visited China to this day, but we are working and remain hopeful to create more... Published 04 Jun, 2024 06:28am
Business & Finance TDAP to participate in ‘Beautyworld Middle East 2024’ fair KARACHI: The Trade Development Authority of Pakistan (TDAP) will participate at the Beautyworld Middle East 2024. ... Published 04 Jun, 2024 06:28am
Business & Finance ‘No change in ownership and board composition at KE’ KARACHI: In response to recent claims made in a local tabloid, KE clarify that the individual cited is not an... Published 04 Jun, 2024 06:28am
Business & Finance IT exports: Changes in equity investment abroad policy okayed by ECC ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved amendments in policy for equity... Published 04 Jun, 2024 06:28am
Editorials The PM’s visit to China EDITORIAL: The Chinese Ambassador to Pakistan, Jiang Zeidong, recently stated that Prime Minister Shehbaz Sharif’s... Updated 04 Jun, 2024 06:50am
Editorials ‘Penalising honest consumers’ EDITORIAL: How on earth is the power minister going to “bring transparency to the power sector” if the... Published 04 Jun, 2024 06:28am
Business & Finance Aurangzeb, Korean envoy pledge to boost economic cooperation ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb had a meeting with the Korean... Published 04 Jun, 2024 06:28am
Business & Finance Economy showing signs of improvement: Tarar LAHORE: Federal Minister for Information and Broadcasting Attaullah Tarar said on Monday that the country’s... Published 04 Jun, 2024 06:28am
Business & Finance Govt urged to present ‘farmer-friendly’ budget LAHORE: Stakeholders in the agricultural sector have urged the government to make the upcoming budget... Published 04 Jun, 2024 06:28am
Business & Finance Retail sector taxation: CAP calls for urgent reforms LAHORE: The Chainstore Association of Pakistan (CAP) has called for urgent reforms in the taxation of the retail... Published 04 Jun, 2024 06:28am
Business & Finance Govt urged to unveil ‘people-friendly’ budget KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 04 Jun, 2024 06:28am
Business & Finance FY25 budget: Pension tax proposal dropped ISLAMABAD: The government has dropped a major budget proposal to tax pensions in 2024-25. It is learnt that the... Published 04 Jun, 2024 06:28am
Business & Finance Finance Bill to amend Tax Laws (Amendment) Act, 2024 ISLAMABAD: Finance Bill 2024 would amend Tax Laws (Amendment) Act, 2024 to deal with emerging legal issues being... Published 04 Jun, 2024 06:28am
Business & Finance Pak-Afghan trade: Agreement reached to implement temporary TAD mechanism ISLAMABAD: The ministries of commerce of Pakistan and Afghanistan have agreed to implement the mechanism of ... Published 04 Jun, 2024 06:28am
Print Demand of CJP’s recusal: PBC, SCBA denounce political party’s statement ISLAMABAD: The Pakistan Bar Council (PBC) and the Supreme Court Bar Association (SCBA) strongly denounced the recent... Updated 04 Jun, 2024 09:33am
Print Reserved seats allocation case: In every period parties have been victimised: Justice Minallah ISLAMABAD: Justice Athar Minallah said in every period the political parties have been victimised either by... Updated 04 Jun, 2024 08:45am
Business & Finance PIACL divestment: Six companies pre-qualify ISLAMABAD: The Privatisation Commission Board met on Monday under the chairmanship of Minister for Privatisation/... Published 04 Jun, 2024 06:28am
Business & Finance July-May exports jump 10.65pc to $28.07bn YoY ISLAMABAD: The country’s exports increased by 10.65 percent ($2.702 billion) to $28.070 billion during the first ... Published 04 Jun, 2024 06:28am
Print Inflation slows to 11.8pc in May, lowest in 30 months ISLAMABAD: The Consumer Price Index (CPI) based inflation increased to 11.8 per cent on a year-on-year (YoY) basis... Updated 04 Jun, 2024 09:33am
Print FBR digitalisation: Aurangzeb discusses ‘quick wins’ with McKinsey head ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday said the government is committed to improving tax... Updated 04 Jun, 2024 08:52am
Print Final date for federal budget yet to be decided ISLAMABAD: The National Assembly Secretariat has formulated a tentative schedule for the budget session likely to be... Updated 04 Jun, 2024 09:22am
Print SBP likely to lower policy rate: S&P GMI ISLAMABAD: Pakistan’s headline inflation rate declined for the fifth consecutive month to 11.8 per cent in May and... Updated 04 Jun, 2024 09:22am
Print Contractual obligations, rollovers, loans: PM’s China visit aims at getting a breathing space Sources say PM hopes to secure Chinese cooperation in agriculture, information technology, energy, and alternative energy under CPEC Updated 04 Jun, 2024 09:41am
World Israel army announces death of four hostages in Gaza JERUSALEM: The Israeli army on Monday announced the deaths of four hostages in the Gaza Strip, following their... Published 03 Jun, 2024 11:51pm
World US sees Israeli ‘willingness’ for Gaza deal WASHINGTON: Israel has shown willingness to agree to a ceasefire and hostage release deal set out by US President... Published 03 Jun, 2024 10:31pm
Pakistan PM Shehbaz orders abolishment of Pakistan PWD Prime Minister Shehbaz Sharif ordered on Monday an “immediate” wrapping up of the Pakistan Public Works Department... Published 03 Jun, 2024 09:42pm
Markets Pharma, energy stocks drag London’s FTSE 100; ECB rate cut hopes cap losses London’s FTSE 100 slipped on Monday, weighed down by the pharmaceutical and energy sectors, while investor optimism... Published 03 Jun, 2024 09:41pm
Markets European shares kick-off June on a high note in anticipation of ECB rate cut European shares rose for the third straight session on Monday, led by bond-proxy sectors, as investors looked to a... Published 03 Jun, 2024 09:36pm
Pakistan 11 killed in Quetta coal mine gas leak accident Nine miners were among the deceased Published 03 Jun, 2024 09:18pm
Pakistan Pakistan’s trade deficit narrows 15.25% YoY to $21.73bn in 11MFY24 Exports increase by 10.65% to $28.07bn, while imports decline 2.37% to $49.8bn Updated 03 Jun, 2024 10:52pm
Sports Medvedev knocked out of French Open by De Minaur PARIS: Daniil Medvedev suffered a four-set loss to Australia’s Alex de Minaur in the French Open fourth round on... Published 03 Jun, 2024 08:04pm
Sports Nortje takes 4-7 as South Africa beat Sri Lanka in T20 World Cup NEW YORK: South Africa’s Anrich Nortje took a remarkable four wickets for just seven runs as the Proteas dismissed... Updated 03 Jun, 2024 11:20pm
Business & Finance PIA sell-off: 6 companies/consortiums pre-qualified for privatisation process Air Blue, Arif Habib Corporation, Blue World City, Fly Jinnah, Pak Ethanol Consortium, and YB Holdings Consortium included in the list Updated 03 Jun, 2024 10:58pm
Markets US stocks open mostly higher NEW YORK: Wall Street stocks climbed early Monday ahead of a heavy news week that includes US jobs data and an... Published 03 Jun, 2024 07:12pm
Sports T20 World Cup winner to get record prize money of $2.45mn Runners-up to earn at least $1.28mn Updated 03 Jun, 2024 08:48pm
Markets Saudi bourse leads Gulf markets higher; Egypt extends decline Most stock markets in the Gulf ended higher on Monday, led by the Saudi bourse, after a U.S. inflation reading last... Published 03 Jun, 2024 07:03pm
Markets Copper climbs on Chinese data and hopes of Fed rate cuts LONDON: Copper prices rose on Monday after data from top consumer China showed stronger factory activity and U.S.... Published 03 Jun, 2024 06:59pm
Pakistan 2.3 magnitude earthquake hits parts of Karachi Tremors felt in Clifton, Saddar, North Nazimabad, and other areas Published 03 Jun, 2024 06:57pm
Markets KSE-100 loses over 300 points on profit-taking The Pakistan Stock Exchange (PSX) witnessed a negative session on Monday as its benchmark KSE-100 Index failed to... Updated 03 Jun, 2024 10:59pm