Markets Palm trades low on sell-off, tracks weakness in soyoil at Chicago JAKARTA: Malaysian palm oil futures extended losses in heavy morning trade on Thursday, tracking weakness in rival... Published 12 Dec, 2024 12:01pm
Markets India bond yields rise in lead up to domestic inflation data MUMBAI: Indian government bond yields rose on Thursday, tracking a rally in U.S. rates, while awaiting data that... Published 12 Dec, 2024 11:59am
World Israel, Palestinians explore Gaza truce with US envoy on Mideast shuttle mission JERUSALEM/CAIRO: Israelis and Palestinians are signaling new efforts to forge a ceasefire deal, even a limited one,... Published 12 Dec, 2024 11:51am
Markets Aurangzeb says Pakistan economy’s issues have been addressed In address at Islamic capital markets conference, finance minister says country committed towards raising infrastructure finance through Shariah-compliant bonds Published 12 Dec, 2024 11:48am
Markets JGB yields fall as BOJ rate hike bets recede TOKYO: Japanese government bond yields fell across the curve on Thursday due to receding expectations that the Bank... Published 12 Dec, 2024 11:38am
Business & Finance IGI Investments eyes 40.63% stake in Mitchell’s Fruit Farms Limited IGI Investments (Private) Limited expressed its intent to acquire a substantial stake in Mitchell’s Fruit Farms... Published 12 Dec, 2024 11:34am
World US announces first Israeli withdrawal from Lebanon under ceasefire deal WASHINGTON: Israeli forces conducted a first withdrawal from a town in south Lebanon and were replaced by the... Published 12 Dec, 2024 11:29am
World 54 journalists killed in 2024, a third by Israel PARIS: Fifty-four journalists were killed worldwide while carrying out their work or because of their profession in... Published 12 Dec, 2024 11:04am
Markets Australian dollar lifted from lows by strong jobs data SYDNEY: The Australian dollar got a much-needed fillip on Thursday after surprisingly strong jobs data pushed back... Published 12 Dec, 2024 10:57am
Markets Gold eases on profit taking after scaling more than one-month peak Gold slipped on Thursday as investors booked profits after prices hit more than one-month high earlier in the day on... Published 12 Dec, 2024 10:52am
Markets Iron ore rebounds as traders eye key China economic meeting SINGAPORE: Iron ore futures prices recovered on Thursday from the previous session’s losses, as investors awaited... Published 12 Dec, 2024 10:49am
World South Korean President Yoon vows to ‘fight to the end’ SEOUL: South Korean President Yoon Suk Yeol on Thursday lashed out at his political opponents as “anti-state... Published 12 Dec, 2024 10:47am
Markets Intra-day update: rupee records marginal improvement against US dollar Currency hovers at 278-279 level in inter-bank market Published 12 Dec, 2024 10:46am
Markets Copper edges up on China stimulus hopes NEW DELHI: London copper prices nudged higher on Thursday amid expectation of stimulus measures from top consumer... Published 12 Dec, 2024 10:37am
Markets Yuan pressured by depreciation expectations; long-term yields fall to record lows HONG KONG: The yuan came under renewed pressure against the dollar on Thursday, giving up some initial gains as... Published 12 Dec, 2024 10:30am
Markets South Korean won pares early gains as President Yoon refuses to step down KOSPI was up 13.95 points, or 0.57%, at 2,456.46 Published 12 Dec, 2024 10:27am
Markets Stock rally: KSE-100 briefly crosses 113,000 as buying spree continues Positive macroeconomic indicators, rate cut expectations and liquidity towards stock market driving bullish momentum Updated 12 Dec, 2024 12:02pm
Markets Japan rubber futures slip as yen firms; key Beijing meeting on tap SINGAPORE: Japanese rubber futures dropped on Thursday, pressured by a stronger yen and falling synthetic rubber... Published 12 Dec, 2024 10:25am
Markets Asia stocks rally on Fed cut bets; Aussie jumps on jobs data TOKYO: Asian stocks gained on Thursday, tracking Wall Street’s tech-led rally overnight after an as-expected reading... Published 12 Dec, 2024 10:22am
Markets Indian rupee slips to record low but central bank steps in to curb losses MUMBAI: The Indian rupee declined to its all-time low on Thursday, pressured by dollar bids in the non-deliverable... Published 12 Dec, 2024 10:18am
Markets Australia shares hit 3-week closing low; markets pare Feb rate-cut bets after local jobs data Australian shares finished at a three-week closing low on Thursday after a sharp decline in unemployment pushed... Updated 12 Dec, 2024 11:54am
Markets Japan’s Nikkei hits 2-month high after in-line US inflation data TOKYO: Japan’s Nikkei share average hit a two-month high on Thursday, tracking Wall Street’s strength, as an in-line... Published 12 Dec, 2024 10:11am
Markets Indian shares off to a muted start Indian shares were off to a muted start on Thursday, as a drop in energy and auto stocks offset a rise in... Published 12 Dec, 2024 10:09am
Markets China, HK stocks gain ahead of potential policy announcements at key economic meeting SHANGHAI: China and Hong Kong stocks rose on Thursday as investors awaited the outcome of a key economic policy... Published 12 Dec, 2024 10:07am
Markets Dollar holds steady despite rate cut bets; Aussie rises after jobs data TOKYO: The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the previous session,... Published 12 Dec, 2024 10:04am
Markets Oil little changed as demand weakness offsets sanctions-driven supply risks Oil prices were little changed in Asian trade on Thursday as forecasts of weak demand and a higher-than-expected... Updated 12 Dec, 2024 11:57am
BR Research Discos: Dancing to the tune of inefficiency NEPRA’s FY24 Performance Evaluation Report is out, and the results are depressingly predictable. Pakistan’s power... Published 12 Dec, 2024 08:42am
BR Research Forget FY24 In 2021, buckling under the pressure of a rising import bill, soaring inflation, and shrinking reserves, the State... Published 12 Dec, 2024 08:37am
BR Research Pakistan Services Limited Pakistan Services Limited (PSX: PSEL) was incorporated in Pakistan as a public limited company in 1958. The company... Published 12 Dec, 2024 08:32am
Business & Finance 12 major Chinese firms visit various sites of Dhabeji SEZ KARACHI: A delegation of 12 major Chinese companies, accompanied by Special Assistant to the Chief Minister of Sindh... Published 12 Dec, 2024 07:43am
Pakistan 40th SAARC Charter Day Celebration: South Asian leaders and business delegates unite for regional collaboration ISLAMABAD: A high level delegation of South Asian leaders and business representatives led by Md. Jashim Uddin,... Published 12 Dec, 2024 07:41am
Pakistan Uplift schemes: Centre, KP agree to expedite pace of work PESHAWAR: Chairman of the Prime Minister Inspection Commission, Brigadier Muzaffar Ali Ranjha (R) called on Chief... Published 12 Dec, 2024 07:39am
Pakistan Japan announces new $3.1m grant for oral polio vaccines ISLAMABAD: The Government of Japan has announced a new $3.1 million grant to procure essential oral polio vaccines ... Published 12 Dec, 2024 07:36am
Pakistan ASF foils drug smuggling attempt KARACHI: Airport Security Force (ASF) on Wednesday claimed to have foiled a drug smuggling attempt at Karachi... Published 12 Dec, 2024 07:34am
Pakistan Drought warning for several parts of southern region issued KARACHI: The Met Office on Wednesday issued a drought warning for several parts of the country’s southern region,... Published 12 Dec, 2024 07:32am
Pakistan PTI chairman addresses NA, demands govt provide justice to party ISLAMABAD: With call to form an independent high-powered judicial commission to probe into May 9 and November 26... Published 12 Dec, 2024 07:32am
Pakistan ‘Missing’ PTI workers: ‘We don’t know whether they are alive or dead,’ Shibli tells Senate ISLAMABAD: The D-Chowk debacle has resonated in the upper house of the Parliament too — with Pakistan... Published 12 Dec, 2024 07:27am
Markets Minister seeks presentation on Discos’ sell-off plan ISLAMABAD: Federal Minister for Privatization Abdul Aleem Khan on Wednesday directed the Ministry of Power to ... Published 12 Dec, 2024 07:25am
Pakistan IHC issues notice to ECP on Naqvi’s nomination papers for Senate polls ISLAMABAD: The Islamabad High Court (IHC) issued notice to the Election Commission of Pakistan (ECP) in response to ... Published 12 Dec, 2024 07:24am
Business & Finance SUVs/EVs: FBR chairman briefs Senate body on chargeability of FED ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Wednesday informed that Ministry of ... Published 12 Dec, 2024 07:23am
Pakistan PM offers condolences over death of Speaker Sadiq’s sister ISLAMABAD: Prime Minister Shehbaz Sharif expressed condolences with Speaker Sardar Ayaz Sadiq on the death of his... Published 12 Dec, 2024 07:20am
Business & Finance There’s improvement in overall business confidence: OICCI KARACHI: Better economic growth, improvement in exchange rate and decline in inflation have contributed to the... Published 12 Dec, 2024 07:15am
Business & Finance ‘4pc reduction in inflation should be announced in new monetary policy’ KARACHI: Hanif Lakhani, former senior vice president of the Karachi Chamber of Commerce and Industry (KCCI) and... Published 12 Dec, 2024 06:42am
Pakistan Consumer Health Expo estimated to generate $20m in deals KARACHI: The 10th edition of the Beauty, Fitness, Consumer Health Expo and ICPF (Household & Stationery ... Published 12 Dec, 2024 06:40am
Pakistan Court Elahi last opportunity to appear for indictment LAHORE: A special court for anti-corruption on Wednesday expressed its serious displeasure over the continuous... Published 12 Dec, 2024 06:40am
Pakistan ATC extends physical remand of 9 PTI workers ISLAMABAD: The Anti-Terrorism Court (ATC) on Wednesday extended the physical remand of nine Pakistan Tehreek-e-Insaf... Published 12 Dec, 2024 06:40am
Pakistan Ayaz advocates more connectivity, fostering co-operation among legislatures ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq said that enhancing connectivity and fostering close... Published 12 Dec, 2024 06:32am
Pakistan CM’s Skilled Punjab Programme launched LAHORE: Aligned with the Chief Minister of Punjab, Maryam Nawaz Sharif’s mission, the Punjab Skills Development... Published 12 Dec, 2024 06:29am
Pakistan The Weather KARACHI: The weather report on Wednesday (December 11, 2024) and the forecast for Thursday (December 12, 2024)... Published 12 Dec, 2024 06:01am
Sports 2034 World Cup in Saudi Arabia puts lives at risk: AI, other rights groups PARIS: FIFA’s decision to award the 2034 World Cup to Saudi Arabia puts the lives of construction workers at risk... Published 12 Dec, 2024 06:01am
Pakistan UAE envoy calls on Dar ISLAMABAD: Ambassador of the UAE Hamad Obaid Ibrahim Al Zaabi called on Deputy Prime Minister/Foreign Minister... Published 12 Dec, 2024 06:01am
World Russia teams up with BRICS to create AI alliance, Putin says MOSCOW: President Vladimir Putin said on Wednesday that Russia would develop artificial intelligence with BRICS... Published 12 Dec, 2024 06:01am
World Ukraine hits Russian border regions, sets oil depot ablaze KYIV: Ukraine attacked Russian border regions with missiles and drones early Wednesday, sparking a fire at an oil... Published 12 Dec, 2024 06:01am
World EU says states can limit asylum rights for migrants ‘weaponised’ by Russia BRUSSELS: The European Union said Wednesday that member states bordering Russia and Belarus can limit the right of... Published 12 Dec, 2024 06:01am
World UK farmers stage tractor protest over new inheritance tax LONDON: British farmers lined up tractors outside parliament in London on Wednesday, in protest over the... Published 12 Dec, 2024 06:01am
Pakistan Seminar on ‘Trauma Audit’: VC FJMU speaks about criticality of emergency medicine department LAHORE: The Vice Chancellor, Fatima Jinnah Medical University (FJMU) Prof Khalid Masood Gondal has said that the... Published 12 Dec, 2024 06:01am
Pakistan Anti-polio drive in Punjab from 16th LAHORE: Punjab is set to launch a comprehensive anti-polio drive from December 16 across the province. The ... Published 12 Dec, 2024 06:01am
Pakistan Kaira criticises PTI for its approach to talks LAHORE: Senior Pakistan Peoples Party (PPP) leader and former federal minister for information, Qamar Zaman Kaira,... Published 12 Dec, 2024 06:01am
Pakistan Punjab govt says committed to providing basic amenities: minister LAHORE: Punjab Provincial Local Government Minister Zeeshan Rafiq has said that the Punjab government was fully... Published 12 Dec, 2024 06:01am
Pakistan Governor, PST body discuss seminaries’ bill LAHORE: A delegation led by Pakistan Sunni Tehreek (PST) President, Hafiz Sarwat Ijaz Qadri met with Governor Punjab... Published 12 Dec, 2024 06:01am
Business & Finance Customs arranges awareness seminar on reforms ISLAMABAD: Pakistan Customs Karachi arranged an awareness seminar on the reforms introduced under the transformation... Published 12 Dec, 2024 06:01am
Pakistan HOTA orders a hospital to stop kidney transplantation ISLAMABAD: Following the directives of the Ministry of National Health Services and Regulations, the administrator ... Published 12 Dec, 2024 06:01am
Pakistan Imran had habit of harming his benefactors: Azma LAHORE: Punjab Information Minister Azma Bukhari said on Wednesday that those who kept creating a ‘hullabaloo’... Published 12 Dec, 2024 06:01am
Markets Remarks on CASA-1000 project: Tajik minister seeks clarification from power minister ISLAMABAD: Tajikistan’s Minister for Energy and Water Resources, Juma Daler Shofaqir, has reportedly sought... Published 12 Dec, 2024 06:01am
Pakistan Kurram lawyers warn protest over closure of main highway ISLAMABAD: The Kurram District Bar Association has warned of massive lawyers’ movement over the prolonged closure... Published 12 Dec, 2024 06:01am
Pakistan May 9, Nov 24: Omar underscores need for judicial probe ISLAMABAD: The opposition leader in National Assembly Omar Ayub on Wednesday said that the party has submitted a... Published 12 Dec, 2024 06:01am
Pakistan Pak delegation visit US to secure Aafia Siddiqui’s release ISLAMABBAD: A high-level delegation of the Senate of Pakistan has arrived in Dallas, tasked with advancing efforts ... Published 12 Dec, 2024 06:01am
Pakistan PITB, PPRA organise e-procurement training session LAHORE: In collaboration with the Punjab Procurement Regulatory Authority (PPRA), the Punjab Information Technology... Published 12 Dec, 2024 06:01am
Pakistan Sindh Senior Citizen Card to facilitate with basic amenities: Minister KARACHI: Sindh is the first province to issue the Sindh Senior Citizen Card, which will facilitate senior citizens... Published 12 Dec, 2024 06:01am
Markets SSGC disconnects 4,964 illegal gas connections KARACHI: Sui Southern Gas Company Ltd. (SSGC) has disconnected a record 4,964 illegal gas connections during the ... Published 12 Dec, 2024 06:01am
Pakistan TDF Magnifi Science Thar Expo held: Thar’s students can compete globally with right training: minister KARACHI: Provincial Minister for Education and Literacy Syed Sardar Ali Shah said that the children of Thar possess... Published 12 Dec, 2024 06:01am
Pakistan Burying the hatchet? Govt, PTI opt for parliamentary platform ISLAMABAD: The government and Pakistan Tehreek-e-Insaf (PTI) have decided to use the platform of Parliament for... Published 12 Dec, 2024 06:01am
Pakistan Housing scam: NAB arrests ex-senator Waqar LAHORE: The National Accountability Bureau (NAB) on Wednesday arrested the owner of Pak Arab Housing Society and... Published 12 Dec, 2024 06:01am
Pakistan SC bench questions legality: ‘Phone tapping can only be authorised by a judge’ ISLAMABAD: The Constitutional Bench of the Supreme Court after raising concerns over existing laws questioned the... Published 12 Dec, 2024 06:01am
Business & Finance ‘40pc of world’s Shariah-compliant financial experts hail from Pakistan’ KARACHI: Pakistan has firmly established itself as a key player in the global Islamic banking sector, with nearly 40... Published 12 Dec, 2024 06:01am
Editorials Low voter turnout EDITORIAL: It is reasonable to assume that more and more people in this country are keen to exercise their right to... Updated 12 Dec, 2024 08:04am
Editorials Rising remittance flows EDITORIAL: Remittances surged by 34 percent year-on-year to 14.76 billion dollars July-November 2024 against 11... Updated 12 Dec, 2024 08:03am
Business & Finance US consumer inflation accelerates in Nov WASHINGTON: US consumer inflation ticked up for a second consecutive month in November, driven by food prices and... Published 12 Dec, 2024 06:01am
Business & Finance LCCI, SBP organise seminar on fundamentals of Islamic banking LAHORE: The Lahore Chamber of Commerce & Industry and State Bank of Pakistan jointly organised an informative... Published 12 Dec, 2024 06:01am
Business & Finance Punjab CM urges Shanghai-based cos to invest in her province LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has invited Shanghai-based companies to invest in Punjab’s... Published 12 Dec, 2024 06:01am
Business & Finance Punjab launches solarization programme for tubewells LAHORE: In a significant step to support Punjab’s agricultural sector, the provincial government has launched the... Published 12 Dec, 2024 06:01am
Business & Finance SECP directed to ensure availability of UAN, websites with insurance companies LAHORE: An Insurance Tribunal has directed the Securities and Exchange Commission of Pakistan (SECP) to ensure... Published 12 Dec, 2024 06:01am
Business & Finance PSX’s gong ceremony welcomes delegates of Int’l Islamic Capital Market Conference KARACHI: Pakistan Stock Exchange (PSX) proudly hosted a Gong Ceremony on Wednesday to welcome the distinguished... Published 12 Dec, 2024 06:01am
Business & Finance European software firm set to expand operations in Pakistan KARACHI: Relational, a European-based leading business software provider, and Dellsons Group have announced a... Published 12 Dec, 2024 06:01am
Business & Finance Branches opening on Saturdays: FBR directives to Chief Collectors of Customs ISLAMABAD: The Federal Board of Revenue (FBR) has directed Chief Collectors of Customs to establish liaison with the... Published 12 Dec, 2024 06:01am
Print APTMA urges FBR to revisit new customs system ISLAMABAD: All Pakistan Textile Mills Association (Aptma) has urged the Federal Board of Revenue (FBR) to review new... Updated 12 Dec, 2024 09:07am
Print NFC award: govt official says IMF has attached no conditions ISLAMABAD: The Senate Standing committee on Finance and Revenue, while observing increasing distortions in resources... Updated 12 Dec, 2024 09:40am
Print Assad’s fall shows Russian military limited by Ukraine offensive MOSCOW: The collapse of Moscow ally Bashar al-Assad’s Syrian government has dealt a major blow to Russia’s image of... Updated 12 Dec, 2024 09:09am
Print Germany advocates peaceful Syria transition BERLIN: Germany’s foreign minister on Wednesday urged Israel and Turkey not to jeopardise a peaceful transition in... Updated 12 Dec, 2024 09:08am
Print ADB trims developing Asia’s growth forecast, flags US policy risks MANILA: Developing Asia is likely to grow more slowly than previously thought this year and next, and the outlook... Updated 12 Dec, 2024 09:43am
Print CAD declined 79pc in 2MFY25, NA told ISLAMABAD: Minister for Finance and Revenue Muhammad Aurangzeb said the Current Account Deficit (CAD) has declined... Updated 12 Dec, 2024 09:07am
Print 150MW renewable energy projects: Nepra concludes hearing of KE’s Bid Evaluation Report KARACHI: K-Electric (KE) has made remarkable progress in its journey toward renewable energy with the submission of... Updated 12 Dec, 2024 09:39am
Print PM reaffirms commitment to implement reforms ISLAMABAD: Prime Minister Shehbaz Sharif reaffirmed on Wednesday the government’s commitment to implement reforms... Updated 12 Dec, 2024 09:04am
Print ADB projects GDP growth at 3pc, inflation at 10pc ISLAMABAD: Pakistan’s GDP growth in fiscal year 2025 is projected at three percent, revised upwards from 2.8... Updated 12 Dec, 2024 09:04am
Print Load management: Nepra directs NTDC, KE to employ real-time systems ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has directed NTDC and KE to implement real-time... Updated 12 Dec, 2024 09:33am
Print Modernising power distribution infrastructure: $530m loan approved by ADB Bank approves $330 million in additional financing to strengthen Pakistan’s federally administered social protection programmes and services Updated 12 Dec, 2024 09:48am
Business & Finance Pakistan, ADB reaffirm commitment to mutual cooperation, climate action ISLAMABAD: Minister for Economic Affairs Ahad Cheema and Asian Development Bank (ADB) Country Director Xiaoqin ... Published 12 Dec, 2024 06:01am
Business & Finance SECP unveils Women Equality in Finance Policy Framework for NBMFCs ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has unveiled the Women Equality in Finance... Published 12 Dec, 2024 06:01am
Business & Finance T-Bills yield decline 100bps KARACHI: Cut-off Yield of short-term government securities continued to decline and reached 2022 levels on ... Published 12 Dec, 2024 06:01am
Markets Nepra notifies Paisa 20 per unit positive adjustment ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has allowed positive adjustment of Paisa 20 per unit... Published 12 Dec, 2024 06:01am
‘Fake’ purchase of coal by cement makers: Abrupt transfer of officers halts probe into Rs11bn tax fraud
Ex-ISI chief Faiz Hameed arraigned on charges of ‘engaging in political activities’ among others, says ISPR