World Toll in Russian strike on Odesa rises to five KYIV: The death toll in a Russian missile strike on Ukraine’s port city of Odesa rose to five on Tuesday with... Published 30 Apr, 2024 11:18am
Sports Brazil great Ronaldo selling stake in boyhood club Cruzeiro Brazil great Ronaldo has agreed to sell his majority stake in Cruzeiro, the club where he made his senior debut, the... Published 30 Apr, 2024 11:14am
Markets Intra-day update: rupee registers gain against US dollar Currency hovers at 278-279 level in interbank market Published 30 Apr, 2024 10:56am
Sports Australia sets out targets in 10-year plan to boost women’s game MELBOURNE: Cricket Australia (CA) are targeting a five-fold increase in average attendances at women’s matches and... Published 30 Apr, 2024 10:54am
Business & Finance Asia Pacific economies headed for ‘soft landing’, says IMF SINGAPORE: Rapid disinflation and resilient growth will help Asia Pacific achieve a “soft landing” even though... Published 30 Apr, 2024 10:51am
Markets Stocks in Asia rise, yen wobbles after volatile start to week SINGAPORE: Asian stocks inched higher on Tuesday as investors awaited a slew of economic data, corporate earnings... Published 30 Apr, 2024 10:49am
World KFC Malaysia temporarily shutters outlets citing challenging economy KUALA LUMPUR: KFC Malaysia has temporarily closed outlets in the country, citing challenging economic conditions,... Published 30 Apr, 2024 10:46am
Markets Indian rupee counts on support from central bank before Fed policy decision MUMBAI: The Indian rupee will open broadly unchanged on Tuesday amid likely dollar demand and expectations that the... Published 30 Apr, 2024 10:42am
Markets Palm oil opens 2% lower ahead of Malaysia export estimates KUALA LUMPUR: Malaysian palm oil futures fell on Tuesday after gaining for two consecutive sessions, as weaker crude... Published 30 Apr, 2024 10:40am
Markets Japan’s Nikkei tracks Wall Street higher; Fed policy meeting in focus TOKYO: Japan’s Nikkei share average traded higher on Tuesday, tracking an overnight strong finish on Wall Street,... Published 30 Apr, 2024 10:38am
Markets Wheat slips further as Russian rain forecast eases supply fears CANBERRA: Chicago wheat futures on Tuesday fell further from last week’s four-month highs as forecasts for rain in... Published 30 Apr, 2024 10:31am
Markets LME zinc set for best monthly gain since 2006 Zinc prices in London were set on Tuesday for the best monthly gain since 2006, driven by tightness of supply and... Published 30 Apr, 2024 10:28am
Technology Samsung says AI to drive technology demand in second half after strong Q1 SEOUL: Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some... Published 30 Apr, 2024 10:26am
World Thirty men have died trying to leave Ukraine to avoid fighting since war started KYIV: About 30 Ukrainian men have died trying to illegally cross Ukraine’s borders and avoid fighting in the war... Published 30 Apr, 2024 10:19am
Markets Auto, energy stocks aid gains in Indian shares BENGALURU: Indian shares inched higher on Tuesday, tracking Asian peers and helped by gains in automobile and energy... Published 30 Apr, 2024 10:15am
Business & Finance Thai factory output falls for 18th consecutive month BANGKOK: Thailand’s manufacturing production index dropped 5.13% in March from a year earlier, falling for the 18th... Published 30 Apr, 2024 10:11am
Markets Yen clings to sharp gains after suspected intervention, Fed in focus TOKYO: The yen held its line against the dollar on Tuesday after making sharp gains the previous day in moves that... Published 30 Apr, 2024 10:09am
Markets China’s yuan slips from 1-month high, set for 4th monthly decline SHANGHAI: China’s yuan pulled back against the dollar on Tuesday, having hit one-month high a day earlier as traders... Published 30 Apr, 2024 10:06am
Markets Gold prices ease as dollar firms ahead of Fed policy meet Gold prices were set for a third straight monthly gain, even as bullion prices eased on Tuesday as the dollar firmed... Published 30 Apr, 2024 10:04am
Technology Microsoft to invest $1.7bn in cloud, AI in Indonesia, CEO says JAKARTA: Microsoft will invest $1.7 billion in Indonesia to empower the Southeast Asian country with cloud services... Published 30 Apr, 2024 10:02am
Business & Finance HSBC Chief Executive Quinn to retire HONG KONG: HSBC said Chief Executive Noel Quinn will retire, a surprise departure from the Asia-focused bank he has... Published 30 Apr, 2024 10:00am
Business & Finance Caixabank’s Q1 net profit rises 17.5% on higher lending income MADRID: Caixabank said on Tuesday its net profit rose 17.5% in the first quarter from the same period in 2023 thanks... Published 30 Apr, 2024 09:57am
Markets Indian bond yields edge down; Fed guidance remains key trigger MUMBAI: Indian government bond yields edged lower in early trading on Tuesday, tracking a dip in US Treasury yields,... Published 30 Apr, 2024 09:55am
World Reported Indian role in assassination plots a ‘serious matter’: White House WASHINGTON: The White House said on Monday it viewed the reported role of the Indian intelligence service in two... Published 30 Apr, 2024 09:54am
Markets Oil slips as investors eye Israel-Gaza truce talks, US Fed policy review Oil edged down on Tuesday after Israel-Hamas ceasefire talks in Cairo helped quell market fears of an expanded... Published 30 Apr, 2024 09:43am
BR Research Bata Pakistan Limited Bata Pakistan Limited (PSX: BATA) was incorporated in Pakistan in 1951 and became public in 1979. The company is... Published 30 Apr, 2024 08:55am
BR Research Rate cut – maybe next time! SBP has kept the policy rate unchanged at 22 percent despite the April inflation coming down to 18 percent. It... Published 30 Apr, 2024 08:55am
BR Research PSO - 9MFY24 Pakistan State Oil Company Limited (PSX: PSO) posted a weaker quarterly financial performance, but growth for an... Published 30 Apr, 2024 08:53am
Pakistan The Weather KARACHI: The weather report on Monday (April 29, 2024) and the forecast for Tuesday (April 30, 2024)... Published 30 Apr, 2024 03:43am
Pakistan COAS, Turkiye Cmdr for strengthening military-to-military cooperation ISLAMABAD: Chief of Army Staff (COAS) General Syed Asim Munir, on Monday, emphasised the need to further strengthen... Published 30 Apr, 2024 03:43am
Pakistan Candidate for PAC chairmanship: Consultation over nomination to be completed today: IK ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Monday, said that... Published 30 Apr, 2024 03:43am
Pakistan Naqvi says not aware of rumours about purported IK-establishment deal ISLAMABAD: Interior Minister Mohsin Naqvi, on Monday, expressed ignorance about the rumours regarding a deal between... Published 30 Apr, 2024 03:43am
Business & Finance IMC earns Rs9.41bn profit after tax in nine months of FY24 KARACHI: Indus Motor Company (IMC) announced its financial results for the nine-month period ending March 31, 2024,... Published 30 Apr, 2024 03:43am
World Hopes rise for possible Gaza truce deal JERUSALEM: Hopes rose Monday for a long-sought truce and hostage release deal after almost seven months of war... Published 30 Apr, 2024 03:43am
World Indian state suspends licences of 14 products of yoga guru’s pharma firms NEW DELHI: An Indian state regulator has suspended manufacturing licences of 14 products made by pharmaceutical... Published 30 Apr, 2024 03:43am
World North Koreans discuss trade on rare visit to Iran DUBAI: A North Korean delegation attended an Iranian expo in Tehran last week and discussed bilateral trade with... Published 30 Apr, 2024 03:43am
World Flash floods, landslide kill at least 45 in central Kenya MAI MAHIU (Kenya): Flash floods and a landslide in central Kenya killed at least 45 people and injured over 110... Published 30 Apr, 2024 03:43am
World China hints at retaliation after Biden signs Taiwan, TikTok legislation BEIJING: China hinted on Monday that it could retaliate after US President Joe Biden signed into law legislation to... Published 30 Apr, 2024 03:43am
World G7 reaches deal to exit from coal by 2035 TURIN: Energy ministers from the Group of Seven (G7) major democracies reached a deal to shut down their coal-fired... Published 30 Apr, 2024 03:43am
Pakistan JI chief says his party can play leading role in efforts aimed at pulling country out of crises KARACHI: Jamaat-e-Islami (JI) Pakistan Ameer Engr Hafiz Naeemur Rehman has said that the JI can play a leading role... Published 30 Apr, 2024 03:43am
Pakistan Bahria Town receiving recognition for social welfare endeavours: report KARACHI: Bahria Town, under the visionary leadership of Malik Riaz Hussain, is making Pakistan proud by receiving... Published 30 Apr, 2024 03:43am
Pakistan NY Police dept’s team visits Punjab Safe Cities Authority LAHORE: A delegation from the New York Police Department (NYPD) visited the Punjab Safe Cities Authority (PSCA) here... Published 30 Apr, 2024 03:43am
Pakistan Farmers protesting delay in wheat procurement arrested ahead of sit-in in Lahore LAHORE: Lahore Police detained several farmers from the provincial metropolis on Monday, aiming to prevent them from... Published 30 Apr, 2024 03:43am
Technology AI can revolutionise healthcare sector: experts KARACHI: Artificial Intelligence (AI) emerged as a surprising field worldwide with its efficiency, accuracy, and... Published 30 Apr, 2024 03:43am
Sports Coach Gillespie says he strongly believes in discipline, hard work LAHORE: The newly-appointed Pakistan men’s cricket team head coach for red-ball Jason Gillespie has said that he... Published 30 Apr, 2024 03:43am
Pakistan Sindh CM launches week-long anti-polio drive in 24 districts KARACHI: Sindh Chief Minister Syed Murad Ali Shah inaugurated a week-long anti-polio campaign across 24 districts by... Published 30 Apr, 2024 03:43am
Pakistan Dar meets his Malaysian counterpart RIYADH: Deputy Prime Minister and Foreign Minister Senator Ishaq Dar on Monday met with Malaysian Foreign Minister... Published 30 Apr, 2024 03:43am
Pakistan Salaries of Punjab govt employees to be increased: minister LAHORE: Punjab’s Finance and Parliamentary Affairs Minister Mujtaba Shuja-ur-Rehman has announced that the ... Published 30 Apr, 2024 03:43am
Pakistan Parliament has lost its supremacy: Fazl ISLAMABAD: The political heavyweight and chief of Jamiat Ulema-e-Islam-Fazl (JUI-F) Maulana Fazlur Rehman on Monday... Published 30 Apr, 2024 03:43am
Pakistan CM Maryam inaugurates ‘Kids’ Day Care Centre’ LAHORE: Inaugurating the ‘Kids’ Day Care Center’, here at Children’s Hospital, the Punjab Chief Minister... Published 30 Apr, 2024 03:43am
Pakistan Audio leaks: Justice Babar dismisses pleas of Pemra, FIA and PTA ISLAMABAD: Justice Babar Sattar dismissed applications of the Pakistan Electronic Media Regulatory Authority ... Published 30 Apr, 2024 03:43am
Pakistan Russia-Ukraine war: Pakistan could not import, procure vital raw materials: PM RIYADH: Prime Minister Shehbaz Sharif Monday said permanent peace in Gaza was imperative for peace in the world. He... Published 30 Apr, 2024 03:43am
Pakistan NA passes tax law amendment bill amid ruckus ISLAMABAD: Amid uproar and walkouts by Pakistan Tehreek-e-Insaf (PTI)-backed Sunni Ittehad Council (SIC) lawmakers,... Published 30 Apr, 2024 03:43am
Business & Finance Govt asked to take concrete steps to attract foreign investment LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has asked the... Published 30 Apr, 2024 03:43am
Business & Finance Ministry’s targets for IT exports and revenue outlined ISLAMABAD: Minister of State for Information Technology and Telecommunication, Shaza Fatima on Monday outlined the... Published 30 Apr, 2024 03:43am
Business & Finance Trade potential: Pakistan, Kazakhstan for further steps ISLAMABAD: The government of Pakistan and the Republic of Kazakhstan underscored the need for further measures to... Published 30 Apr, 2024 03:43am
Business & Finance Pakistan, Iran: Work on mechanism to institutionalise barter trade underway LAHORE: Pakistan’s ambassador to Iran, Muhammad Mudassir Tipu has said that work on mechanism to institutionalize... Published 30 Apr, 2024 03:43am
Editorials Deregulating petroleum sector: curb smuggling first EDITORIAL: Finance minister Mohammad Aurangzeb recently said in a conference that bold energy and taxation reforms... Published 30 Apr, 2024 03:43am
Editorials Export of raw items EDITORIAL: Pakistan continues to grapple with the impact of relentless food inflation, fuelled by the consistent... Published 30 Apr, 2024 03:43am
Print WB’s SARVP will visit Pakistan from May 6-8 ISLAMABAD: World Bank’s South Asia Regional Vice President (SARVP), Martin Raiser is reaching Pakistan on a... Updated 30 Apr, 2024 08:43am
Print Sugar exports: PSMA (Punjab Zone) denies reports LAHORE: Pakistan Sugar Mills Association (Punjab Zone) strongly denies reports that the government has refused to... Updated 30 Apr, 2024 09:24am
Business & Finance 3.5pc agri growth target may be missed ISLAMABAD: The country is likely to miss the agriculture growth target of 3.5 percent set for 2023-24, as ongoing... Published 30 Apr, 2024 03:43am
Print Govt loses Rs800bn due to IPR violations last year: OICCI KARACHI: “Effective protection of intellectual property rights (IPR) is essential for attracting and retaining FDI... Updated 30 Apr, 2024 09:19am
Business & Finance Policy rate kept unchanged at 22pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate... Published 30 Apr, 2024 03:43am
Print Export permission: MoC casts doubt on PSMA’s surplus sugar figures ISLAMABAD: The Commerce Ministry has reportedly expressed doubts on the figures of surplus sugar presented to the... Updated 30 Apr, 2024 08:44am
Print Dar’s elevation gives birth to speculation ISLAMABAD: The timing of Ishaq Dar’s appointment as deputy prime minister with Prime Minister Shehbaz Sharif in... Updated 30 Apr, 2024 08:42am
Print NTDC awarding contracts to ineligible bidders? ISLAMABAD: The National Transmission and Despatch Company (NTDC) is said to have become a permanent headache for the... Updated 30 Apr, 2024 09:25am
Print MIGA-covered GoP guarantee for Star project: Islamabad apprised about arbitration award ISLAMABAD: Pakistan’s Executive Director at the World Bank, Dr Tauqeer Shah has apprised Islamabad about the... Updated 30 Apr, 2024 09:18am
Print Saudis informed about SIFC’s proactive role Saudi Minister of Commerce Dr Majid bin Abdullah Al-Qasabi says Kingdom prioritising trade and investment in Pakistan Updated 30 Apr, 2024 09:24am
Print Budget preparation exercise to begin in first week of May ISLAMABAD: The budget preparation exercise for the FY 2024-25 will be started from the first week of May 2024 at the... Updated 30 Apr, 2024 08:43am
Business & Finance IMF approves disbursement of $1.1bn loan tranche ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) on Monday approved the final tranche of $1.1... Published 30 Apr, 2024 03:43am
Print CCP approves 40pc equity stake acquisition in GO by Aramco ISLAMABAD: The Competition Commission of Pakistan (CCP) approved a 40% equity stake acquisition in Gas & Oil... Updated 30 Apr, 2024 08:45am
Print Cash Management, Treasury Single Account Rules, 2024 notified ISLAMABAD: The federal government has notified Cash Management and Treasury Single Account Rules, 2024 that requires... Updated 30 Apr, 2024 09:19am
Business & Finance IMF Executive Board approves final review of SBA, allows disbursement of $1.1bn for Pakistan The International Monetary Fund (IMF) on Monday completed its final review of Pakistan’s economic reform programme... Updated 30 Apr, 2024 09:11am
World UN experts say North Korea missile landed in Ukraine's Kharkiv UNITED NATIONS: The debris from a missile that landed in the Ukrainian city of Kharkiv on Jan. 2 was from a North... Published 30 Apr, 2024 12:19am
World Israel concerned over possible ICC arrest warrants related to Gaza war JERUSALEM: Israel is voicing concern that the International Criminal Court could be preparing to issue arrest... Published 30 Apr, 2024 12:04am
World Italy's navy downs drone headed for Red Sea merchant vessel: ministry ROME: An Italian navy frigate shot down a drone in the Red Sea headed in the direction of an escorted merchant ship,... Published 29 Apr, 2024 11:46pm
World Russian missile hits educational institution, kills two in Ukraine’s Odesa A Russian missile attack on an educational institution in the Ukrainian Black Sea port of Odesa on Monday killed two... Published 29 Apr, 2024 10:53pm
Life & Style Hollywood actor Ryan Reynolds appointed Yas Island’s Chief Island Officer Reynolds succeeds Jason Momoa as CIO of the Abu Dhabi destination Updated 29 Apr, 2024 11:36pm
World Forty-day ceasefire offered to Hamas: UK foreign secretary RIYADH: Hamas has been offered a 40-day ceasefire and the release of "potentially thousands" of Palestinian... Updated 29 Apr, 2024 09:25pm
World Egypt ‘hopeful’ of new Israel-Hamas truce: foreign minister RIYADH: Egypt’s foreign minister said he was “hopeful” about a new proposal for a truce in Gaza as a Hamas... Published 29 Apr, 2024 08:45pm
Markets CCP approves 40% acquisition of GO Pakistan by Aramco The Competition Commission of Pakistan (CCP) has approved a 40% equity stake acquisition in Gas & Oil Pakistan... Published 29 Apr, 2024 08:45pm
Business & Finance KIA Pakistan announces massive Rs1.5mn price drop for Stonic EX+ In what the company called a “celebratory limited-time offer”, Lucky Motor Corporation on Monday announced a massive... Published 29 Apr, 2024 07:36pm
Life & Style Palestinian prisoner in Israel wins top fiction prize ABU DHABI: Palestinian writer Basim Khandaqji, jailed 20 years ago in Israel, won a prestigious prize for Arabic... Published 29 Apr, 2024 07:30pm
Markets US stocks higher at start of busy week for economic news NEW YORK: Wall Street stocks climbed early Monday at the start of a news-jammed week that includes a Federal Reserve... Published 29 Apr, 2024 07:19pm
Pakistan Pakistan’s debt trap has become death trap, PM Shehbaz tells WEF Says Pakistan's economy has crumbled due to its fiscal position, and climate change has made it worse Updated 29 Apr, 2024 11:46pm
World NATO chief says ‘not too late’ for Ukraine to win war KYIV: NATO chief Jens Stoltenberg said Monday it was “not too late” for Ukraine to win the war, agreeing with... Published 29 Apr, 2024 06:33pm
Pakistan PTI announces to join farmers’ protest against wheat procurement policy Asad Qaiser urges party leaders to join the protest in Punjab Updated 29 Apr, 2024 10:12pm
Sports Jabeur wants ‘more respect’ for women after reaching Madrid quarters MADRID: Tunisian tennis star Ons Jabeur on Monday called out organisers of European tournaments for failing to... Published 29 Apr, 2024 06:28pm
World Protesters chant ‘Free Palestine’ at Paris’s Sorbonne University PARIS: Protesters angry over the Gaza war took to Paris’ Sorbonne University on Monday, chanting ‘Free Palestine’ at... Updated 29 Apr, 2024 09:54pm
World Ukraine's Zelenskiy urges US to speed up weapons deliveries KYIV: President Volodymyr Zelenskiy said on Monday that vital U.S. weapons were starting to arrive in Ukraine in... Published 29 Apr, 2024 05:44pm
World Bangladesh again closes schools nationwide due to heatwave DHAKA: A Bangladeshi court ordered a nationwide shutdown of schools on Monday due to an ongoing heatwave, the day... Published 29 Apr, 2024 05:42pm
Business & Finance NBP’s profit falls 13%, clocks in at Rs9.8bn in 1QCY24 National Bank of Pakistan (NBP), one of the country’s largest commercial banks, registered a profit-after-tax (PAT)... Published 29 Apr, 2024 05:39pm
World Russia says captured another village in eastern Ukraine MOSCOW: Russia said Monday it had advanced further in eastern Ukraine, capturing another village – Semenivka – near... Published 29 Apr, 2024 05:37pm
World Scotland’s first minister Yousaf quits after a year EDINBURGH: Humza Yousaf announced his resignation as Scotland’s first minister on Monday, before he was due to face... Published 29 Apr, 2024 05:35pm
Life & Style Mahira Khan honoured at Dubai’s EMIGALA Fashion & Beauty Awards Pakistani actor Mahira Khan was awarded the ‘Artist in Fashion’ award on Sunday at The EMIGALA Fashion & Beauty... Published 29 Apr, 2024 05:33pm
World Abu Dhabi developer Aldar posts 88% Q1 profit leap, optimistic on Egypt DUBAI: Abu Dhabi’s biggest developer, Aldar Properties plans to speed development activity across its markets and is... Published 29 Apr, 2024 05:32pm
World Blinken says US almost ready with Saudi rewards for Israel normalisation RIYADH: The United States is nearly ready with a security package to offer Saudi Arabia if it normalises relations... Published 29 Apr, 2024 05:30pm
Sports Bayern ready for ‘extraordinary’ Bellingham, says Tuchel MUNICH: Bayern Munich manager Thomas Tuchel said Monday his side were ready for the threat posed by “extraordinary”... Published 29 Apr, 2024 05:25pm
Markets ICICI Bank powers best session for India’s blue-chips in eight weeks BENGALURU: Indian shares rose on Monday as gains in the country’s no.2 private lender ICICI Bank on... Published 29 Apr, 2024 04:58pm