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Pakistan

PM Shehbaz phones UAE president to greet on 51st national day

Prime Minister Shehbaz Sharif on Friday telephoned the President of the United Arab Emirates Sheikh Mohamed bin ...

Published 02 Dec, 2022 07:56pm

World

Canada’s November jobless rate edges down ahead of rate decision

OTTAWA: The Canadian economy added jobs in November and the unemployment rate came in lower than expected, official...

Published 02 Dec, 2022 07:55pm

World

Fed’s Barkin: labor supply likely will remain constrained

The United States is likely in a sustained period in which there will remain a shortage of workers, complicating the...

Published 02 Dec, 2022 07:47pm

Markets

Asia Gold: Price rally dims India demand, COVID curbs hit China market

Physical gold demand stalled in India this week on higher prices, while premiums fell in top consumer China as COVID...

Published 02 Dec, 2022 07:43pm

Markets

Wall Street opens lower after robust November jobs report

Wall Street’s main indexes opened lower on Friday as higher-than-expected job additions in November poured cold...

Published 02 Dec, 2022 07:39pm

World

Traders now see Fed policy rate hitting 5% next year

The Federal Reserve is seen driving its policy rate above 5% by May after a government report Friday showed little...

Published 02 Dec, 2022 07:38pm

Markets

KSE-100 falls 0.57% owing to lack of positive triggers

Market closes day at 45,150.1 points

Published 02 Dec, 2022 07:18pm

Markets

Poland weighs adjustment in EU deal on Russian oil cap

WARSAW: Approval of the tentative deal European Union governments reached on a price cap on Russian seaborne oil is...

Published 02 Dec, 2022 07:17pm

Markets

OPEC+ seen heading for oil policy rollover, cut not ruled out

LONDON/DUBAI: OPEC+ is likely to stick to its current oil output target when it meets on Sunday, two OPEC+ sources...

Published 02 Dec, 2022 07:11pm

Markets

Global LNG: Asia spot prices rise on increase in European gas prices

LONDON: Asian spot liquefied natural gas (LNG) prices rose for the second consecutive week on higher gas prices in...

Published 02 Dec, 2022 06:51pm

Pakistan

PTI faces no threat from PPP, PML-N in Islamabad LG polls: Fawad

Former federal minister and Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry said on Friday that the PTI is not...

Updated 02 Dec, 2022 06:54pm

Markets

EU cap on Russian oil price on hold as Poland urges lower price

BRUSSELS: The West’s plan to starve Russia of resources to fight its war in Ukraine by imposing a price cap on its...

Published 02 Dec, 2022 06:02pm

Pakistan

PM Shehbaz condemns assassination attempt on Pakistani envoy in Kabul

Security guard injured in firing incident outside Pakistani Embassy in Afghanistan

Published 02 Dec, 2022 06:01pm

Sports

Pakistan’s pitches from ‘dark ages’, says cricket chief Raja

RAWALPINDI: Pakistan’s pitches belonged in “the dark ages”, the country’s top cricket official said on Friday, after...

Published 02 Dec, 2022 05:58pm

Markets

India’s FX reserves rise to $550bn in week ended Nov. 25

MUMBAI: India’s foreign exchange reserves rose for the third straight week, to $550.14 billion in the week through...

Published 02 Dec, 2022 05:45pm

Pakistan

'Negotiator with grit': Sherry Rehman among 'FT's 25 most influential women of 2022'

Business publication Financial Times (FT) named Pakistan's Federal Minister for Climate Change Sherry Rehman as one...

Published 02 Dec, 2022 05:43pm

Life & Style

'Hear it from us': Netflix documentary of UK royals Harry and Meghan to air

LONDON: "When the stakes are this high, doesn't it make more sense to hear the story from us?" says Meghan, Duchess...

Published 02 Dec, 2022 05:10pm

World

Two militants killed in attack on Afghan politician’s HQ

KABUL: Three unidentified militants detonated a car bomb on Friday and tried to storm the headquarters of an Afghan...

Published 02 Dec, 2022 05:02pm

World

Putin tells Scholz that Ukraine infrastructure strikes ‘inevitable’

MOSCOW: Russian President Vladimir Putin told German counterpart Olaf Scholz on Friday that Moscow’s attacks on...

Published 02 Dec, 2022 04:58pm

Markets

India to continue buying Russian oil: ministry source

NEW DELHI: India will continue buying Russian oil because sanctions allow purchases provided that Western services...

Published 02 Dec, 2022 04:51pm

Pakistan

Qurat ul Ain Fatima appointed new ECP spokesperson

Chief Election Commissioner (CEC) Sikandar Sultan Raja on Friday approved the appointment of Qurat ul Ain Fatima as...

Published 02 Dec, 2022 04:48pm

Pakistan

Giving the govt a chance, sit with us and call elections: Imran Khan

Former PM says quitting assemblies will lead to early elections, which would stabilise economy

Updated 02 Dec, 2022 05:37pm

Markets

Copper edges up on softer dollar, easing China COVID curbs

LONDON: Copper prices edged up on Friday, propped up by a weaker dollar and easing COVID-19 curbs in China, but the...

Published 02 Dec, 2022 04:43pm

Markets

Sri Lankan shares mark best week in over 3 months

Sri Lankan shares closed higher on Friday, registering their best week in three-and-a-half months, lifted by gains...

Published 02 Dec, 2022 04:40pm

Markets

Indian shares snap 8-session rally, U.S. jobs data loom

BENGALURU: Indian shares snapped an eight-session winning streak on Friday, but held on to weekly gains, as...

Published 02 Dec, 2022 04:34pm

Life & Style

Spotify in 2022: Atif Aslam, Talha Anjum top list of most-streamed Pakistani artists

Music streaming platform Spotify released its 2022 ‘Wrapped’ campaign on Thursday, a compilation of top artists,...

Published 02 Dec, 2022 04:28pm

Business & Finance

Saudi Arabia extends term of $3bn deposit: SBP

SBP says extension is a continuation of the support provided by Saudi Arabia to Pakistan

Updated 02 Dec, 2022 06:07pm

Markets

OPEC set to stick or cut more amid plan to cap Russian oil price

LONDON: Major oil producers are expected to stick to their current output strategy or even slash production further...

Published 02 Dec, 2022 03:24pm

Markets

OMCs take a hit as petroleum sales drop in Pakistan

Sales of oil marketing companies (OMCs) took a hit after Pakistan’s petroleum products bore the brunt of economic...

Updated 02 Dec, 2022 05:20pm

Markets

Australian shares end lower on mounting fears of global slowdown

Australian shares snapped three consecutive sessions of gains on Friday, as a contraction in US manufacturing...

Published 02 Dec, 2022 03:09pm

Pakistan

Imran Khan says Senator Azam Swati treated in 'vengeful manner'

PTI chairman calls for his immediate release

Published 02 Dec, 2022 02:34pm

Life & Style

Luxury watchmaker Rolex to begin certifying used watches as genuine

Company says will only certify watches that have been purchased at least three years ago

Published 02 Dec, 2022 01:58pm

Markets

Indian rupee premiums close to bottoming, RBI key moving part

MUMBAI: The premiums on the Indian rupee are unlikely to fall much further, with current levels almost fully...

Published 02 Dec, 2022 01:53pm

Markets

JGB yields track US Treasury peers lower

TOKYO: Japanese government bond yields fell on Friday, tracking US Treasury yields lower, amid caution ahead of US...

Published 02 Dec, 2022 01:48pm

Sports

Plenty of room for all three formats to flourish, says Sehwag

NEW DELHI: Twenty20 cricket has brought much-needed financial security for players and while there are concerns it...

Published 02 Dec, 2022 01:45pm

World

Japan eyes up to $318 billion for 5-year defence spending plan

TOKYO: Japan is set to earmark 40 trillion to 43 trillion yen ($295 billion-$318 billion) for defence spending over...

Published 02 Dec, 2022 01:41pm

Business & Finance

Volvo Cars’ sales growth accelerates to 12% in November

STOCKHOLM: Sweden-based Volvo Car AB said on Friday its sales grew 12% year-on-year in November to 59,154...

Published 02 Dec, 2022 01:38pm

Markets

China stocks close down on worries that COVID reopening, property recovery will be slow

SHANGHAI: China stocks closed down on Friday on concerns that the country’s property sector is facing a prolonged...

Published 02 Dec, 2022 01:36pm

World

EU countries to consider lower gas price cap

BRUSSELS: European Union countries will consider on Friday a proposal for a gas price cap slightly lower than a...

Published 02 Dec, 2022 01:34pm

Markets

Palm set for weekly loss amid strong ringgit, weak rival oils

Malaysian palm oil futures dropped a second day on Friday as the ringgit strengthened and related vegetable oils...

Published 02 Dec, 2022 01:21pm

Sports

Shafique and Haq give Pakistan solid start after England’s 657

RAWALPINDI: Pakistan’s openers got among the runs on a placid pitch Friday as they took the home team to 181 without...

Updated 02 Dec, 2022 05:39pm

World

Twitter suspends Kanye’s account again on violating rules

Twitter Inc on Friday suspended Kanye West’s account again, just two months after the rapper’s account was...

Published 02 Dec, 2022 11:55am

Markets

Russian rouble slumps to fresh lows vs dollar as tax period ends

MOSCOW: The rouble extended the week’s losses in early trade on Friday, slumping to fresh lows against the US...

Published 02 Dec, 2022 11:52am

World

Malaysia PM Anwar says cabinet line-up to be announced on Friday

KUALA LUMPUR: Malaysia’s Prime Minister Anwar Ibrahim will announce his cabinet line-up on Friday, state news agency...

Published 02 Dec, 2022 11:50am

Sports

World Cup revenge on Ghanaian minds as Uruguay sweat

DOHA: Uruguay stalwarts Edinson Cavani and Luis Suarez are fighting for their World Cup survival while Ghana will...

Published 02 Dec, 2022 11:30am

Markets

Hong Kong stocks finish with a loss

HONG KONG: Hong Kong shares finished slightly lower Friday after a hefty rally over the previous three days, with...

Updated 02 Dec, 2022 01:26pm

Sports

England’s Maguire back in fashion after troubled spell

DOHA: England defender Harry Maguire is finally silencing his critics as the much-maligned Manchester United...

Published 02 Dec, 2022 11:20am

World

US brands South Asian Al-Qaeda, TTP militants as global terrorists

WASHINGTON: The United States on Thursday announced it was designating South Asian Al-Qaeda and Tehreek-e-Taliban...

Published 02 Dec, 2022 11:19am

World

In crowded camps, Rohingya refugees embrace family planning

KUTUPALONG: Rohingya cleric Abdur Rashid still believes children are divine gifts, but life in a Bangladeshi refugee...

Published 02 Dec, 2022 11:15am

Markets

Fed rate hopes weigh on dollar, stocks fall ahead of US jobs data

HONG KONG: The dollar struggled to recover on Friday from its recent sell-off as traders grew confident the Federal...

Published 02 Dec, 2022 11:11am

World

Up to 13,000 Ukrainian soldiers killed since Russian invasion: Zelensky aide

KYIV: As many as 13,000 Ukrainian troops have been killed since Russia’s invasion in February, a senior adviser to...

Published 02 Dec, 2022 11:00am

Sports

Australia’s Marsh out for three months after ankle surgery

PERTH: Australian white-ball specialist Mitchell Marsh will be sidelined for three months after undergoing surgery...

Published 02 Dec, 2022 10:57am

Technology

Tesla hoping its electric Semi will be heavy duty ‘game changer’

NEW YORK: US automaker Tesla on Thursday delivered its first battery-powered heavy duty truck, dubbed “Semi,” and...

Published 02 Dec, 2022 10:54am

Markets

Rupee remains unchanged against US dollar

Currency inches up 0.11% in inter-bank market on a weekly basis

Updated 02 Dec, 2022 07:37pm

World

US, South Korea and Japan impose fresh sanctions on North Korea

WASHINGTON: The United States, Japan and South Korea have imposed fresh sanctions on North Korean individuals and...

Published 02 Dec, 2022 10:50am

Pakistan

Veteran journalist Imran Aslam passes away

Was undergoing treatment at a local hospital

Updated 02 Dec, 2022 12:20pm

World

Ukraine war shows Europe ‘not strong enough’: Finnish PM

SYDNEY: Finnish Prime Minister Sanna Marin on Friday offered a “brutally honest” assessment of Europe’s capabilities...

Published 02 Dec, 2022 10:46am

Sports

West Indies all out for 283, trail Australia by 315 runs in 1st Test

PERTH: Pat Cummins claimed his 200th Test wicket as the West Indies were bowled out for 283 in the opening clash...

Updated 02 Dec, 2022 03:20pm

Markets

Indian shares slip on declines in auto stocks, focus on US jobs data

BENGALURU: Indian shares opened lower on Friday after an eight-day rally, dragged by auto stocks, while investors...

Published 02 Dec, 2022 10:34am

Markets

Tokyo shares close lower ahead of US jobs data

TOKYO: Tokyo stocks closed lower on Friday, trailing losses on Wall Street as investors awaited the release of US...

Updated 02 Dec, 2022 12:23pm

Markets

Dollar wobbles as inflation ebbs, eye on jobs data

SINGAPORE: The dollar held firm on Friday but was pinned down near 16-week lows against a basket of major currencies...

Published 02 Dec, 2022 10:28am

Markets

Oil ticks up ahead of OPEC+ meeting, EU Russian oil ban

LONDON: Oil futures ticked higher on Friday ahead of a meeting of the Organization of the Petroleum Exporting...

Updated 02 Dec, 2022 06:19pm

BR Research

Of gas shortage and lopsided pricing

The gas shortages are becoming higher with every passing winter. A revision in gas prices is becoming inevitable ...

Published 02 Dec, 2022 08:40am

BR Research

Core inflation keeps rising

National CPI headline inflation for the first five months of FY23 stands at 25.1 percent. It was a little over 9...

Published 02 Dec, 2022 08:39am

BR Research

Cement: Winning a losing game

How does a 25 percent drop in offtake—which is the biggest drop the industry has witnessed in over a...

Published 02 Dec, 2022 08:38am

BR Research

Interview with Feroz Jaleel, Country Head, Careem Pakistan

‘Fair pricing and reliability are the key focus areas for us’ Feroz Jaleel is the Country Head of Careem...

Published 02 Dec, 2022 08:35am

World

Biden, Macron pledge ‘unwavering’ alliance, but trade dispute looms

WASHINGTON: President Joe Biden greeted President Emmanuel Macron at the White House on Thursday with full-scale...

Published 02 Dec, 2022 07:44am

Pakistan

World AIDS Day observed

LAHORE: With the theme-Putting Ourselves to the Test: Achieving Equity to End HIV, World AIDS Day-2022 was marked ...

Published 02 Dec, 2022 07:44am

Pakistan

In effort to curb street crimes, police introducing ‘smart car’

KARACHI: As street crime continued to skyrocket in the city during 2022, District South Police is going to introduce...

Published 02 Dec, 2022 07:41am

Pakistan

Shura Hamdard discusses interest-free economic system

KARACHI: A meeting of Shura Hamdard Karachi was held on Wednesday at the Hamdard Corporate Head Office on the topic...

Published 02 Dec, 2022 07:40am

Pakistan

Indigenous cyber security system to be rolled outnext year, says PTA

ISLAMABAD: Pakistan is all set to roll out its first indigenous cyber security system to analyze, detect and timely...

Published 02 Dec, 2022 07:34am

World

Modi urges unity as India assumes G20 presidency

MUMBAI: The world must cooperate to tackle the greatest challenges of climate change, terrorism, and pandemics, ...

Published 02 Dec, 2022 07:31am

Pakistan

Excise tax waived for vehicles imported for charity purposes: minister

KARACHI: The Sindh government waived off excise tax for vehicles imported for charity purposes, Sindh Excise and...

Published 02 Dec, 2022 07:21am

Second phase of LG polls in AJK tomorrow

MUZAFFARABAD: The second round of local government (LG) elections in Azad Jammu and Kashmir (AJK) will be held...

Published 02 Dec, 2022 06:52am

Business & Finance

Google Play Store: Ministry agrees to online payment proposal

ISLAMABAD: The Ministry of Finance has agreed to the proposal of Federal Minister for Information Technology and...

Published 02 Dec, 2022 06:52am

Regularisation of services: SC remands SSGC workers’ case to SHC

ISLAMABAD: The Supreme Court remanded the case of regularisation of the services of Sui Southern Gas Company Limited...

Published 02 Dec, 2022 06:52am

Pakistan

Cipher probe: FIA summons IK again

LAHORE: The Federal Investigation Agency (FIA) has once again summoned Pakistan Tehreek-e-Insaf (PTI) Chairman Imran...

Published 02 Dec, 2022 06:48am

Commission set up to help govt mobilise resources

ISLAMABAD: Finance Minister Ishaq Dar has constituted an 11-member Reforms and Resource Mobilization Commission...

Published 02 Dec, 2022 06:45am

Nov CPI inflation jumps 23.8pc YoY

ISLAMABAD: The Consumer Price Index (CPI) based inflation increased to 23.8 percent on a year-on-year basis in...

Published 02 Dec, 2022 06:41am

Business & Finance

Remittances may drop by 7.4pc to $29bn: World Bank

ISLAMABAD: Remittances are expected to drop by 7.4 percent to $29 billion in 2022 from $31 billion in 2021, as loss...

Updated 02 Dec, 2022 10:21am

Forex reserves fall $267m

KARACHI: The country’s total liquid foreign exchange reserves fell $ 267 million during the last week because of...

Published 02 Dec, 2022 06:31am

Pakistan

The Weather

KARACHI: The weather report on Thursday (December 01, 2022) and the forecast for Friday (December 02, 2022)...