Business & Finance Lebanon’s reforms insufficient for recovery, IMF says Lebanon’s economic reforms are insufficient to help lift the country out of its economic crisis, the International... Published 23 May, 2024 11:23am
Business & Finance South Korea holds interest rates steady, as widely expected SEOUL: South Korea’s central bank extended its interest rate pause for an 11th straight meeting on Thursday as the... Published 23 May, 2024 11:20am
Business & Finance Tesla pushes suppliers to produce parts outside of China and Taiwan, Nikkei reports Tesla has told suppliers for its models sold outside China to start building components and parts outside of both... Published 23 May, 2024 11:17am
Technology SingTel annual profit more than halves on $2.3bn impairment charge Singapore Telecommunications posted a 64% drop in full-year net profit on Thursday hit by a S$3.1 billion ($2.30... Published 23 May, 2024 11:15am
Business & Finance Singapore Airlines shares slip 1.3% after turbulent flight SINGAPORE: Singapore Airlines shares fell more than 1% in early trade on Thursday, following a deadly turbulence-hit... Published 23 May, 2024 11:13am
World US House passes crypto bill despite warnings from SEC The US House of Representatives on Wednesday passed a bill that aims to create a new legal framework for digital... Published 23 May, 2024 11:11am
Business & Finance Thailand car production drops 11% y/y in April, domestic sales fall BANGKOK: Car production in Thailand fell 11.02% in April from a year earlier to 104,667 units, the Federation of... Published 23 May, 2024 10:57am
Technology TSMC sees annual sales growth to reach 10% in semiconductor industry HSINCHU: Taiwanese contract chipmaker TSMC, a major supplier to Apple and Nvidia, on Thursday forecast an annual... Published 23 May, 2024 10:55am
World Emmanuel Macron arrives in riot-hit New Caledonia for high-stakes talks SYDNEY/PARIS: President Emmanuel Macron said on Thursday police reinforcements in New Caledonia would remain as long... Published 23 May, 2024 10:53am
Markets Intra-day update: rupee registers some gain against US dollar Currency hovers at 278-279 level in inter-bank market Published 23 May, 2024 10:51am
Technology South Korea announces $19bn support package for chip industry SEOUL: South Korea announced on Thursday a 26 trillion won ($19 billion) support package for the country’s vital... Published 23 May, 2024 10:50am
Business & Finance BHP will not relent on structure, value of $49bn Anglo offer, say sources PERTH/HONG KONG: BHP will stand firm on the structure and value of its latest takeover proposal for Anglo American,... Published 23 May, 2024 10:47am
Markets Tech stocks lift Japan’s Nikkei on boost from Nvidia’s robust outlook TOKYO: Japan’s Nikkei share average rose on Thursday led by a rally in technology stocks, after US peer Nvidia’s... Published 23 May, 2024 10:45am
Markets Wheat hovers near 10-month high on Russian crop worries; corn firms SINGAPORE: Chicago wheat futures climbed on Thursday, with prices trading close to their highest levels in 10 months... Published 23 May, 2024 10:43am
Markets Australian shares drop after hawkish Fed minutes; BHP falls on rejection Australian shares tracked Wall Street peers to trade lower on Thursday as investors assessed minutes from the US... Published 23 May, 2024 10:42am
Markets Palm rises on weaker Malaysian ringgit, demand hopes MUMBAI: Malaysian palm oil futures opened higher on Thursday due to weakness in the Malaysian ringgit and... Published 23 May, 2024 10:40am
Markets Indian shares set for a muted start on fading hopes of early US rate cut BENGALURU: Indian shares are set for a muted open on Thursday, after the Federal Reserve’s latest policy minutes... Published 23 May, 2024 10:39am
Markets China stocks fall on global rate worries, Taiwan tensions SHANGHAI: China and Hong Kong stocks fell on Thursday, tracking regional markets lower as investors digested the... Published 23 May, 2024 10:38am
Markets New Zealand dollar holds ground as RBNZ out-hawks Fed SYDNEY: The New Zealand currency held its ground on Thursday in the face of a firm US dollar, as an unexpected rise... Published 23 May, 2024 10:36am
Markets China’s yuan weakens on hawkish Fed, Taiwan tensions SHANGHAI: China’s yuan slipped on Thursday to hover near a three-week low, as the dollar firmed following hawkish... Published 23 May, 2024 10:35am
Markets Petronas’ flagship Bintulu LNG facility resumes full operations Malaysian state-run Petronas said on Thursday its liquefied natural gas (LNG) complex in Bintulu was fully restored... Published 23 May, 2024 10:33am
Markets Copper slips on hawkish Fed minutes, weak demand BEIJING: Copper prices fell on Thursday, dragged down by a stronger US dollar after hawkish minutes of the Federal... Published 23 May, 2024 10:31am
Markets Asia stocks weaken on the patient approach to rate cuts SINGAPORE: Several key Asian share benchmarks fell on Thursday as markets digested the implications of policymakers... Published 23 May, 2024 10:30am
Markets Gold prices drift lower on hawkish Fed minutes Gold prices fell for a third straight session on Thursday after minutes from the most recent Federal Reserve meeting... Published 23 May, 2024 10:29am
World In India’s heat, Delhi labourers toil in ‘red hot’ conditions NEW DELHI: Working on a highway project in one of India’s hottest areas this summer, Banwari Singh handles iron bars... Published 23 May, 2024 10:27am
Technology China’s Lenovo extends revenue growth streak, beats expectations HONG KONG: China’s Lenovo Group reported a 9% rise in fourth-quarter revenue to $13.8 billion on Thursday, as the... Published 23 May, 2024 10:21am
World At least 4 killed in Mexico after stage collapse at campaign event, local media report MEXICO CITY: At least four people died and others were injured on Wednesday evening in the northern Mexican state of... Published 23 May, 2024 10:19am
Markets Dollar hovers near highest in a week after hawkish Fed minutes TOKYO: The dollar hovered near a one-week high on Thursday following its best day this month against its major peers... Published 23 May, 2024 09:50am
Markets Oil prices fall on worries of higher US interest rates Oil prices eased for a fourth straight day on Thursday on worries that US borrowing costs could be hiked again if... Published 23 May, 2024 09:47am
BR Research Power sector: The rut, the rot, the riot April 2024 marked the 7th straight month of electricity generation going down year-on-year. Make it 19 out of the... Published 23 May, 2024 08:14am
BR Research Imported cotton demand: a threat managed? Earlier this month, the IMF came under fire for projecting a significantly exaggerated forecast of Pakistan’s trade... Published 23 May, 2024 08:10am
BR Research Lucky Core Industries Limited Lucky Core Industries Limited (PSX: LCI) was incorporated in Pakistan as a public limited company as Khewra Soda Ash... Published 23 May, 2024 08:06am
Pakistan The Weather KARACHI: The weather report on Wednesday (May 22, 2024) and the forecast for Thursday (May 23, 2024)... Published 23 May, 2024 05:16am
World Russia deals symbolic blow to Ukraine with village capture KYIV: Russia said Wednesday that its forces had retaken Klishchiivka, one of a handful of villages on the eastern... Published 23 May, 2024 05:16am
World Poll panel orders BJP, Congress to show restraint in campaign NEW DELHI: India’s election panel on Wednesday ordered the ruling Bharatiya Janata Party and opposition Congress ... Published 23 May, 2024 05:16am
Technology Leading AI firms pledge ‘responsible’ tech development SEOUL: Some of the world’s biggest tech companies pledged to work together to guard against the dangers of... Published 23 May, 2024 05:16am
World UK fines Citigroup over European ‘flash crash’ LONDON: British financial regulators Wednesday fined US bank Citigroup for failures in its trading controls after a... Published 23 May, 2024 05:16am
World Sri Lanka T20 team owner arrested for graft allegations COLOMBO: The foreign owner of a T20 cricket team in Sri Lanka’s Premier League (LPL) was arrested on Wednesday on... Published 23 May, 2024 05:16am
World Palestinians optimistic but wary after recognition moves GAZA STRIP: Palestinians in Gaza and the occupied West Bank on Wednesday welcomed the decision by Spain, Ireland and... Published 23 May, 2024 05:16am
World World Economic Forum founder Schwab to retire from leadership role GENEVA: Klaus Schwab, the founder and longtime face of the World Economic Forum, will step away from executive... Published 23 May, 2024 05:16am
Pakistan Drug trafficking: Sindh govt establishes rapid response unit KARACHI: The Sindh government on Wednesday established the rapid response unit to combat drug trafficking in the... Published 23 May, 2024 05:16am
Pakistan Heatwave spell likely to persist till 27th KARACHI: The Met Office on Wednesday repeated its weather warning about heatwave spell that is likely to continue... Published 23 May, 2024 05:16am
Pakistan Blome inaugurates ‘Cleantech Investment Roadshow’ in Karachi KARACHI: The US Ambassador to Pakistan Donald Blome inaugurated the second Investment Roadshow, supported by the US... Published 23 May, 2024 05:16am
Pakistan Defamation Bill: PPP Punjab supports media LAHORE: General Secretary Pakistan Peoples Party Central Punjab Syed Hassan Murtaza and Parliamentary leader in... Published 23 May, 2024 05:16am
Pakistan Post-arrest bail pleas: Court requested to mark attendance of IK, spouse via video link ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan’s lawyers on Wednesday requested the court... Published 23 May, 2024 05:16am
Sports Pacer Hasan Ali released from T20I squad LAHORE: Pakistan's pacer Hasan Ali has been released from the Green Shirts' squad for the T20I. The team management... Published 23 May, 2024 05:16am
Sports Pakistan women cricket team face England today LAHORE: Pakistan women cricket team will take on England women in a three-match ODI series, commencing at the County... Published 23 May, 2024 05:16am
World Big crowds in Tehran for Raisi’s funeral TEHRAN: Iran’s supreme leader Ayatollah Ali Khamenei led prayers for late president Ebrahim Raisi on Wednesday as... Published 23 May, 2024 05:16am
World China announces sanctions on US defence firms BEIJING: China said Wednesday it would impose sanctions on a number of US defence firms and several executives over... Published 23 May, 2024 05:16am
Pakistan PTI leader Hammad reappears after almost a year in hiding ISLAMABAD: Hammad Azhar, a senior Pakistan Tehreek-e-Insaf (PTI) leader, who had gone into hiding in the wake of May... Published 23 May, 2024 05:16am
Pakistan PM paying visit to UAE ISLAMABAD: Prime Minister Shehbaz Sharif will pay a visit to the United Arab Emirates from 22-23 May 2024. This... Published 23 May, 2024 05:16am
Pakistan Supremacy of constitution, democracy: JUI, PTI agree to launch joint struggle ISLAMABAD: In a potential shift in the country’s political landscape, the two perennial enemies – Jamiat... Published 23 May, 2024 05:16am
Pakistan JI to take out pro-Palestine ‘million march’ on June 2 KARACHI: Jamaat-e-Islami (JI) on Wednesday announced a pro-Palestine million march to denounce the Gaza genocide by... Published 23 May, 2024 05:16am
Pakistan ‘Dangerous stunts’ in ads: CCP issues notices to beverage cos ISLAMABAD: The Competition Commission of Pakistan (CCP) has taken notice of extremely dangerous stunts performed in... Published 23 May, 2024 05:16am
Pakistan Surge in terrorist activities originating from Afghanistan: ISPR RAWALPINDI: Pakistan, of late, has witnessed a surge in terrorist incidents orchestrating from Afghan soil, wherein,... Published 23 May, 2024 05:16am
Pakistan Vigilance committees to prevent crop residue burning LAHORE: The Commissioner Lahore office has decided to form vigilance committees to prevent the burning of crop... Published 23 May, 2024 05:16am
Pakistan JAP urges Punjab Governor to send defamation bill back to PA LAHORE: The Judicial Activism Panel Wednesday wrote a letter to the Governor of Punjab Sardar Saleem Haider Khan to... Published 23 May, 2024 05:16am
Pakistan CBD Punjab signs 16 MoUs for NSIT City in one day LAHORE: The Punjab Central Business District Development Authority (PCBDDA) signed 16 Memorandums of Understanding... Published 23 May, 2024 05:16am
Pakistan Punjab govt not to collect fee from sellers of sacrificial animals LAHORE: The Punjab government has decided not to collect any fee from the sellers of sacrificial animals at all sale... Published 23 May, 2024 05:16am
Pakistan Establishment of women’s jails: CM gives approval in principle LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has accorded in principle approval for the establishment of... Published 23 May, 2024 05:16am
Pakistan Islamabad IT Park project will be completed by next year, PM told ISLAMABAD: The Ministry of Information and Technology has informed a meeting regarding IT parks that the project of... Published 23 May, 2024 05:16am
Pakistan NBFI & MAP Year Book 2023 launched KARACHI: Commissioner, Specialized Companies Division, SECP, Mujtaba Ahmed Lodhi, launched the NBFI & Modaraba... Published 23 May, 2024 05:16am
Pakistan NCHR launches report on irregular migration from Pakistan ISLAMABAD: The National Commission for Human Rights (NCHR) has called for addressing root causes of migration ... Published 23 May, 2024 05:16am
Pakistan Malaria eradication: DoMC, AKU-MEC and Sindh govt join hands KARACHI: In an initiative to combat one of the world’s deadliest diseases, the Directorate of Malarial Control... Published 23 May, 2024 05:16am
Pakistan Dr Yousaf made PCCC VP MULTAN: Eminent scientist Dr Yousuf Zafar has been appointed as the Vice President of country’s ace cotton ... Published 23 May, 2024 05:16am
Pakistan FIR of attack on PTI spokesman lodged ISLAMABAD: The capital police have registered a first information report (FIR) regarding the attack on Pakistan... Published 23 May, 2024 05:16am
Pakistan German team briefed on ISSI’s research work, outreach ISLAMABAD: The Centre for Strategic Perspectives (CSP) at the Institute of Strategic Studies Islamabad (ISSI)... Published 23 May, 2024 05:16am
Pakistan IK seeks permission to argue NAB amendments case in person ISLAMABAD: The founder of Pakistan Tehreek-e-Insaf (PTI), Imran Khan, wrote an application to the Supreme Court to... Published 23 May, 2024 05:16am
Pakistan Japanese CG visits SU, presents invaluable books to ASC HYDERABAD: In a gesture of cultural diplomacy and Pakistan-Japan friendship, the Japanese Consul General in Karachi... Published 23 May, 2024 05:16am
Pakistan Javelin praises PM, PSB for extending support LAHORE: Javelin thrower Arshad Nadeem has expressed his gratitude to Prime Minister Shehbaz Sharif, Punjab Sports... Published 23 May, 2024 05:16am
Pakistan LHC seeks reply from ECP LAHORE: The Lahore High Court on Wednesday sought reply from the Election of Pakistan (ECP) in a petition of a PTI... Published 23 May, 2024 05:16am
Pakistan Farmers: Mechanism decided for uninterrupted supply of fertilizer ISLAMABAD: Federal Minister for Food Security and Industries and Production Rana Tanveer Hussain has said that a... Published 23 May, 2024 05:16am
Pakistan Minister, Turkish CG discuss promotion of bilateral tourism KARACHI: Turkish Consul General in Karachi, Cemal Sangu, here on Wednesday met with Provincial Minister of Tourism,... Published 23 May, 2024 05:16am
Pakistan New dates for postponed matric exams announced KARACHI: The Board of Secondary Education Karachi (BSEK) on Wednesday announced a new schedule for matric exams... Published 23 May, 2024 05:16am
Pakistan Dualisation of road: NHA recommends revised PC-1 ISLAMABAD: The National Highways Authority (NHA) Executive Board recommended the revised PC-I for dualisation of the... Published 23 May, 2024 05:16am
Pakistan Ombudsman’s inspection team visits Housing Authority ISLAMABAD: The inspection team of the Federal Ombudsman visited Housing Authority. An inspection team consisting of... Published 23 May, 2024 05:16am
Pakistan PCMEA condoles over demise of Iranian President LAHORE: On the sad demise of Iran president Ebrahim Raisi in helicopter crash, Pakistan Carpet Manufacturers &... Published 23 May, 2024 05:16am
Pakistan PKRC terms suspension of food officers insufficient LAHORE: The Pakistan Kissan Rabita Committee (PKRC) has termed the federal cabinet’s decision to suspend four food... Published 23 May, 2024 05:16am
Pakistan Public-private partnership model: Sindh govt treats 6m children in public hospitals KARACHI: In the last 13 years, the Sindh government, under its public-private partnership model, has successfully... Published 23 May, 2024 05:16am
Pakistan Three held for gas theft on businesses KARACHI: The team of Sui Southern Gas Company’s Counter Gas Theft Operations (CGTO) is continuously carrying out... Published 23 May, 2024 05:16am
Pakistan US returns 133 stolen artifacts to Pakistan NEW YORK: The United States (US) returned to Pakistan 133 pieces of stolen antiquities worth over $13 million at a... Published 23 May, 2024 05:16am
Pakistan Non-filers: Govt decision to block SIMs still in effect: IHC ISLAMABAD: The Islamabad High Court (IHC) stated on Wednesday that the decision of the federal government pertaining... Updated 23 May, 2024 09:18am
Pakistan PM meets Khamenei, offers condolences ISLAMABAD: Iranian Supreme Leader Ayatollah Seyyed Ali Khamenei has emphasised that late President Ebrahim Raisi’s... Published 23 May, 2024 05:16am
Pakistan Attack on party spokesperson: IK hints at launching street protests ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan on Wednesday said, “we running out of... Published 23 May, 2024 05:16am
Pakistan Pakistan firmly upholds One-China principle: President ISLAMABAD: President Asif Ali Zardari has reiterated that Pakistan firmly adhered to the One-China principle as the... Published 23 May, 2024 05:16am
Business & Finance Poland-Pakistan trade volume reaches $920m: envoy KARACHI: The Ambassador of Republic of Poland Maciej Pisarski has informed that the overall trade volume between... Published 23 May, 2024 05:16am
Business & Finance Japanese envoy briefed about privatisation process ISLAMABAD: Wada Mitsuhiro, Ambassador of Japan to Pakistan called on the Federal Minister for Privatisation,... Published 23 May, 2024 05:16am
Editorials GDP growth for the current year EDITORIAL: Pakistan Bureau of Statistics (PBS) estimated Gross Domestic Product growth rate for the current year at... Updated 23 May, 2024 05:46am
Editorials Defamation law EDITORIAL: Of course the Punjab government knew just which conventions and rules it was trampling upon as it... Updated 23 May, 2024 05:47am
Print Terror attack near Besham: Govt to pay $2.5m compensation to Chinese nationals’ heirs ISLAMABAD: Pakistan is to pay compensation of about $2.5 million to the heirs of five Chinese nationals who lost... Updated 23 May, 2024 09:17am
Print Cipher case: FIA submits plea to present Lu’s statement ISLAMABAD: The Federal Investigation Agency (FIA) prosecutor, Wednesday, submitted an application before the... Updated 23 May, 2024 08:45am
Business & Finance Budget proposals: OICCI for standardising GST rates and policies KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) in its taxation proposals for the upcoming... Updated 23 May, 2024 09:19am
Print No super tax payable on income falling under FTR: Karachi ATIR ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR), Karachi, has declared that no super tax is payable on... Updated 23 May, 2024 08:45am
Print Nandipur and Guddu Power plants: PC has reservations against PD for not sharing info with FAs ISLAMABAD: The Privatisation Commission has reportedly expressed reservations against the Power Division for not... Updated 23 May, 2024 09:17am
Pakistan Number of Pakistani students leaving Kygyzstan to exceed 4,000: Commission set up to investigate violence ISLAMABAD: Foreign Minister Ishaq Dar on Wednesday announced setting up of an inquiry committee to probe into the... Published 23 May, 2024 05:16am
Print Govt, World Bank working on new CPF programme ISLAMABAD: World Bank (WB) and Government of Pakistan (GoP) are reportedly working on a new Country Partnership... Updated 23 May, 2024 08:46am
Print FBR to issue uniform tax recovery rules in budget ISLAMABAD: The Federal Board of Revenue (FBR) will issue uniform sales tax, income tax and federal excise recovery... Updated 23 May, 2024 09:16am
Print Govt raises Rs97bn via auction for PIBs KARACHI: The federal government on Wednesday raised some Rs 97 billion through sale of long-term investment papers.... Updated 23 May, 2024 09:19am
Print Mid-year review: 77pc borrowing for financing fiscal deficit thru domestic sources: MoF ISLAMABAD: The government has borrowed around 77 percent for financing of federal fiscal deficit through domestic... Updated 23 May, 2024 09:22am
Print Bidding process for PIA to be aired live: Aleem Says everyone has contributed to PIA's destruction, no option left but to privatise it Updated 23 May, 2024 11:01am