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World

Russia won't enter negotiations while it is still trying to win war: EU's Borrell

BARCELONA: The European Union's top diplomat, Josep Borrell, on Monday said he believed Russia will not be willing ...

Published 30 May, 2023 12:08am

Pakistan

COAS says efforts to weaken army’s bond with people will never succeed

Army chief says the nexus between internal collusion and external forces to create instability has been amply exposed to the Pakistani people

Published 29 May, 2023 11:19pm

World

Maduro and Lula hit out at US sanctions on Venezuela

BRASILIA: Venezuelan President Nicolas Maduro and Brazilian leader Luis Inacio Lula de Silva on Monday assailed U.S....

Published 29 May, 2023 11:13pm

World

India files graft case against BAE Systems, Rolls-Royce

NEW DELHI: India has filed a graft case against Britain's BAE Systems plc and Rolls-Royce Holdings for "criminal...

Published 29 May, 2023 10:53pm

Pakistan

'Doomsday scenario past us': PM says 'sincere' efforts being made to address economic challenges

Premier says Pakistan is working with friends and partners to bridge the financing gaps where needed

Published 29 May, 2023 10:23pm

Pakistan

Army has directly or indirectly remained in power during last 70 years: Imran Khan

Says to think the army would have nothing to do with the running of the country is akin to living in a fool’s paradise

Published 29 May, 2023 10:08pm

World

German govt says Chancellor Scholz has invited Erdogan to Berlin

FRANKFURT: German Chancellor Olaf Scholz has spoken to the newly re-elected Turkish President Recep Tayyip Erdogan...

Published 29 May, 2023 09:54pm

Markets

Rouble slides in thin trade, Russian stocks hit over 1-year high

The rouble slid towards 81 against the dollar late in the session on Monday as exporters paid monthly taxes, marking...

Published 29 May, 2023 09:18pm

Sports

Djokovic battles into French Open second round, Alcaraz waits

PARIS: Novak Djokovic started his bid for a men’s record 23rd Grand Slam singles title with a straight-sets victory...

Published 29 May, 2023 08:08pm

World

Kenya says to boost trade ties with Moscow as Lavrov visits

NAIROBI: Kenya said Monday it has agreed to boost trade ties with Moscow, during a surprise visit by Russian Foreign...

Published 29 May, 2023 07:29pm

Pakistan

Lahore ATC sends Dr Yasmin Rashid to jail on 14-day judicial remand

PTI leader says injustice and oppression of the fascist regime cannot deter her

Updated 29 May, 2023 09:05pm

Business & Finance

Coordinated efforts needed to build robust Islamic corporate debt market: SBP chief

Says it will result in enabling tax, regulatory, and policy environment

Published 29 May, 2023 07:08pm

Sports

Anderson, Robinson expected to be fit for England’s Ashes bid

LONDON: England head coach Brendon McCullum expects James Anderson and Ollie Robinson to be fit for the Ashes clash...

Published 29 May, 2023 06:59pm

World

Musk expected to visit China this week, meet officials: sources

HONG KONG/SHANGHAI: Tesla Chief Executive Elon Musk is expected to visit China this week, three people with...

Published 29 May, 2023 06:55pm

World

Russia hits military facility in Ukraine in new wave of strikes

KYIV: Russia said on Monday its military had hit Ukrainian air bases in overnight strikes and Ukrainian forces had...

Published 29 May, 2023 06:51pm

Sports

Pochettino handed task of reviving Chelsea’s fortunes

LONDON: Chelsea appointed Mauricio Pochettino as head coach on Monday, tasking the former Tottenham Hotspur and...

Published 29 May, 2023 06:47pm

Markets

Gulf stock markets volatile on US debt deal, economic worries

Stock markets in the Gulf ended in different directions on Monday after US lawmakers reached a tentative agreement...

Updated 29 May, 2023 09:14pm

World

World leaders congratulate Turkiye’s victorious Erdogan

ANKARA: Joe Biden and Vladimir Putin were among world leaders congratulating Turkish President Recep Tayyip Erdogan...

Published 29 May, 2023 06:07pm

Sports

Bellingham named Bundesliga player of the year

BERLIN: Two days after the heartbreak of watching his team lose the German title in the last match, Dortmund’s...

Published 29 May, 2023 05:49pm

World

Shanghai records hottest May day in 100 years

SHANGHAI: Shanghai recorded its hottest May day in 100 years on Monday, the city’s meteorological service announced,...

Published 29 May, 2023 05:44pm

Sports

Klopp won’t take break from management despite Liverpool’s struggles

LONDON: Jurgen Klopp insists he does not need a break from management as he looks to put Liverpool back on track...

Published 29 May, 2023 05:37pm

Markets

Dollar nudges lower as US debt ceiling deal dents safe-haven appeal

LONDON: The dollar nudged lower on Monday, pulling back from six-month peaks against the yen as a US debt ceiling...

Published 29 May, 2023 05:31pm

Markets

China’s net gold imports via Hong Kong climb 5% in April

China’s April net gold imports via Hong Kong rose to the highest in two months, Hong Kong Census and Statistics...

Published 29 May, 2023 05:28pm

World

Russia’s Lavrov warns West: Black Sea grain deal is in danger of collapse

MOSCOW: Russia said on Monday that the Black Sea grain deal would no longer be operational unless a U.N. agreement...

Published 29 May, 2023 05:27pm

Markets

India bond yields rise as US peers continue upward march

MUMBAI: Indian government bond yields ended marginally higher on Monday, tracking the relentless rise in US yields...

Published 29 May, 2023 05:23pm

World

Denmark plans $2.6bn more for Ukraine, Zelenskiy praises ‘major contribution’

STOCKHOLM: Denmark plans to increase its spending on military aid to Ukraine by 17.9 billion crowns ($2.59 billion)...

Published 29 May, 2023 05:19pm

Life & Style

Actor Sanam Saeed reveals upcoming film ‘Umro Ayyar’

Pakistani actor Sanam Saeed revealed the first look from her upcoming fantasy film ‘Umro Ayyar – A New Beginning’ on...

Updated 29 May, 2023 07:42pm

Sports

ICC leaders in Pakistan to secure World Cup participation

NEW DELHI: Senior International Cricket Council (ICC) officials have travelled to Pakistan to secure the country’s...

Published 29 May, 2023 04:06pm

World

Iran’s Khamenei welcomes better ties with Egypt

DUBAI: Iran’s Supreme Leader Ayatollah Ali Khamenei said in a meeting with Oman’s Sultan that Tehran welcomes better...

Published 29 May, 2023 02:54pm

Markets

Saudi diesel imports from Russia, exports to Singapore hit records

SINGAPORE: Leading crude exporter Saudi Arabia is maximising refining profits by importing unprecedented amounts of...

Published 29 May, 2023 02:12pm

Markets

Most Gulf markets gain on US debt ceiling deal; Abu Dhabi falls

Most stock markets in the Gulf rose in early trading on Monday after lawmakers in Washington reached a tentative...

Published 29 May, 2023 02:07pm

Markets

European shares edge up on US debt deal optimism

European shares edged higher on Monday as investors drew comfort from a tentative deal reached by U.S. lawmakers to...

Published 29 May, 2023 02:04pm

World

Debt-ridden Sri Lanka gets $350mn loan boost from Asian Development Bank

COLOMBO: The Asian Development Bank (ADB) on Monday approved a $350 million special policy-based loan to provide...

Published 29 May, 2023 02:01pm

Markets

National Savings to launch Shariah-compliant savings, term accounts soon: Ishaq Dar

Finance Minister Ishaq Dar on Monday said National Savings, a state-owned entity, would launch Shariah-compliant...

Updated 29 May, 2023 09:13pm

Business & Finance

MCB Bank to conduct Silkbank’s due diligence

The Board of Directors (BoD) at MCB Bank has given its go-ahead to the management to conduct due diligence of...

Published 29 May, 2023 01:45pm

World

Syria says Israeli missiles target sites near Damascus

AMMAN: Syrian army air defences on Sunday confronted an Israeli missile strike on the outskirts of the Syrian...

Published 29 May, 2023 01:05pm

Life & Style

Live-action ‘Little Mermaid’ debut makes box office waves

LOS ANGELES: Disney’s live-action version of ‘The Little Mermaid’ netted the top spot at North American box offices...

Published 29 May, 2023 12:59pm

Markets

Euro zone bond yields edge lower ahead of inflation data

Euro zone government bond yields ticked lower on Monday as investors await inflation data later this week while U.S....

Published 29 May, 2023 12:56pm

Pakistan

Punjab polls: SC adjourns hearing of ECP’s plea

A three-member bench headed by CJP Umar Ata Bandial hears case

Updated 29 May, 2023 05:50pm

Markets

Palm drops more than 1% on weaker rival oils

JAKARTA: Malaysian palm oil futures fell on Monday after three straight sessions of gains, due to weakness in rival...

Published 29 May, 2023 12:41pm

World

Russia damages Ukraine’s Odesa port in overnight drone attack

KYIV: A Russian drone attack overnight damaged some infrastructure in Ukraine’s Black Sea port of Odesa, which is...

Published 29 May, 2023 12:38pm

Markets

South African rand flat but market nervous after last week’s record low

JOHANNESBURG: The South African rand was broadly flat in early trade on Monday, but market players were on edge...

Published 29 May, 2023 12:28pm

Markets

Investor optimism lifts KSE-100 by nearly 1%

After days of depressed trading, benchmark index sees a bull run

Updated 29 May, 2023 06:01pm

Markets

Turkish lira teeters near record low as Erdogan secures victory

LONDON: Turkey’s lira wobbled near record lows against the dollar as President Tayyip Erdogan secured victory in the...

Published 29 May, 2023 12:23pm

Business & Finance

India central bank chief flags governance gaps, instances of stressed assets misreporting

MUMBAI: The Reserve Bank of India has come across instances of some banks trying to conceal the real status of their...

Published 29 May, 2023 12:18pm

World

China to send first civilian into space on Tuesday

JIUQUAN: China will send its first civilian astronaut into space as part of a crewed mission to the Tiangong space...

Published 29 May, 2023 11:38am

Business & Finance

Singapore’s Temasek cuts staff compensation over FTX investment

SINGAPORE: Singapore state investment fund Temasek said Monday it had slashed compensation for the team and senior...

Published 29 May, 2023 11:25am

Markets

Australian shares post best day in almost 7 weeks as miners, financials gain

Australian shares rose on Monday by their most in almost seven weeks, led by mining and financial stocks, as global...

Updated 29 May, 2023 12:25pm

Markets

Palm oil may retrace to 3,498 ringgit

SINGAPORE: Palm oil may retrace to 3,498 ringgit per tonne, as it failed to beak resistance at 3,563 ringgit. The...

Published 29 May, 2023 11:15am

Markets

Rupee sustains losses, settles at 285.42 against US dollar

Currency depreciates 0.09% in inter-bank market

Updated 29 May, 2023 10:31pm

Markets

Shanghai copper prices rise on US debt ceiling relief

Shanghai copper prices rose on Monday, as risk sentiment improved after U.S. President Joe Biden and congressional...

Published 29 May, 2023 11:13am

Markets

Japanese futures rise on US debt ceiling deal, tight stockpiles

SINGAPORE: Japanese rubber futures inched higher on Monday, buoyed by optimism over a U.S. debt ceiling deal that...

Published 29 May, 2023 11:08am

Markets

US oil may retest resistance $74.54

SINGAPORE: US oil may retest a resistance at $74.54 per barrel, a break above which could lead to a gain to...

Published 29 May, 2023 11:05am

World

Russia launches large air raid on Kyiv, 15th attack in May

Russia launched a new wave of air attacks on Kyiv in early hours on Monday using drones and cruise missiles, with...

Published 29 May, 2023 11:02am

Markets

Japan’s Nikkei hits 1990 high on weak yen, US optimism; SoftBank surges

TOKYO: Japan’s Nikkei share average rose on Monday to its highest level since July 1990, buoyed by optimism over a...

Updated 29 May, 2023 12:31pm

Markets

Indian rupee ends lower, forward premiums tumble

MUMBAI: The Indian rupee ended lower on Monday, tracking a fall in the Chinese yuan, while surging U.S. yields...

Updated 29 May, 2023 03:52pm

World

Japan puts missile defence on alert as North Korea warns of satellite launch

SEOUL/TOKYO: Japan on Monday put its ballistic missile defences on alert and warned that it would shoot down any...

Published 29 May, 2023 10:47am

Markets

Financials power Indian shares; Nifty 50 in overbought zone

BENGALURU: Indian shares advanced on Monday, led by an uptick in financials while improved global cues due to a...

Updated 29 May, 2023 03:56pm

Business & Finance

Vietnam Jan-May exports and industrial output down amid weak demand

HANOI: Vietnam’s exports in the first five months of this year fell 11.6% from a year earlier to $136.17 billion,...

Published 29 May, 2023 10:36am

Markets

India bond yields flattish with focus on US Treasury moves

MUMBAI: Indian government bond yields opened largely unchanged on Monday as the benchmark bond yield consolidated...

Published 29 May, 2023 10:34am

Markets

JGB yields edge higher as US debt deal cuts demand for bonds

TOKYO: Benchmark Japanese government bond yields edged higher on Monday, as a weekend deal by U.S. President Joe...

Published 29 May, 2023 10:32am

Markets

China stocks end lower as data signals industrial profit slump

SHANGHAI: China stocks fell on Monday, hovering near their lowest level for the year so far, after data showed...

Updated 29 May, 2023 02:15pm

Markets

Australia, NZ dollars edge up after US debt ceiling deal

SYDNEY: The Australian and New Zealand dollars breathed a sigh of relief on Monday after U.S. President Joe Biden...

Published 29 May, 2023 10:28am

Markets

Dalian iron ore nears one-week high on stimulus hopes

BEIJING: Dalian iron ore futures extended gains on Monday to touch their highest in nearly a week, as investor...

Published 29 May, 2023 10:25am

Markets

Gold prices ease on US debt limit deal, Fed rate hike bets

Gold prices edged lower on Monday as a tentative deal sealed over the weekend to suspend the U.S. debt ceiling...

Published 29 May, 2023 10:23am

Markets

Oil dips as rate hike bets offset US debt deal

HOUSTON: Oil prices slipped on Monday, as worries over further interest rate hikes that could curb energy demand...

Updated 29 May, 2023 09:57pm

Markets

Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimism

SINGAPORE: The dollar was firm on Monday as economic resilience in the United States raised market expectations for...

Published 29 May, 2023 10:17am

BR Research

Pulpy taxation

The government is lately imposing a tax on every item they can find in the formal sector. Government debt is...

Published 29 May, 2023 08:43am

BR Research

FDI blues for digital ones

While the country’s digital economy has grown considerably since the pandemic years, its investment barometer...

Published 29 May, 2023 08:40am

BR Research

Interview with Arif Lakhani, Co-founder - Qist Bazaar

‘More than half of our customers are micro business owners like the street hawkers’ Having started his career in...

Published 29 May, 2023 08:38am

Business & Finance

Credit Suisse sale to UBS was ‘surprising’: Standard Chartered CEO

DOHA: Standard Chartered CEO Bill Winters on Tuesday said the sale of Credit Suisse to UBS was “surprising” ...