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World

Brazil’s govt debt falls to 78.5% of GDP in March amid new primary surplus

BRASILIA: Brazil’s government debt as a share of gross domestic product fell to 78.5% in March, the lowest level in...

Published 16 May, 2022 07:55pm

World

Sri Lanka needs $75 million in next few days for essential imports: PM

COLOMBO: Sri Lanka’s prime minister said on Monday the country needed to secure $75 million in foreign exchange in...

Published 16 May, 2022 07:52pm

Markets

Most Gulf bourses in red as fears over economy grow

Saudi Arabia’s stock market gave up early gains to end lower on Monday, as investor sentiment struggled to recover...

Published 16 May, 2022 07:46pm

Markets

Wall Street pulls back at the open amid recession fears

NEW YORK: US stocks were off to a downbeat start Monday following the rally in the prior session, as concerns about...

Published 16 May, 2022 07:41pm

World

First commercial flight takes off from Sanaa, raising hopes for Yemen peace

SANAA: Yemen’s national airline operated on Monday its first commercial flight from the capital Sanaa since 2016,...

Published 16 May, 2022 07:17pm

World

Iran hopes for expansion of ties with new UAE president

TEHRAN: Iran said Monday it hopes to expand ties with the United Arab Emirates after Sheikh Mohamed bin Zayed Al...

Published 16 May, 2022 07:14pm

Markets

US natural gas futures jump 5% on strong LNG exports, Texas heat wave

US natural gas futures jumped about 5% to a one-week high on Monday as higher European prices keep US liquefied...

Published 16 May, 2022 07:02pm

World

Sweden to apply for NATO membership: PM

STOCKHOLM: Sweden will apply for membership in NATO as a deterrent against Russian aggression, Swedish Prime...

Published 16 May, 2022 06:55pm

Markets

Raw sugar climbs to 3-week high, coffee and cocoa also up

LONDON: Raw sugar futures rose to a three-week high on Monday, boosted partly by gains in grain prices following...

Published 16 May, 2022 06:45pm

World

Putin says Russia will respond if NATO bolsters Sweden, Finland militarily

LONDON: President Vladimir Putin warned the West on Monday that Russia would respond if NATO began to bolster the...

Published 16 May, 2022 06:39pm

World

Sri Lanka’s new PM wins support for ‘economic war cabinet’

COLOMBO: Sri Lanka’s new prime minister won crucial support from two main opposition parties Monday, easing the...

Published 16 May, 2022 06:33pm

Markets

Russian wheat prices up, export pace slows

Russian wheat export prices rose last week with higher wheat prices in Chicago, analysts said on Monday, adding that...

Published 16 May, 2022 06:29pm

Perspectives

Mir Jafar and Mir Sadiq: a historical perspective

The name Mir Jafar characterises a crass traitor, who changed the history of the Indian subcontinent and has become...

Published 16 May, 2022 06:20pm

Sports

Liverpool assess Salah, Van Dijk ahead of Southampton clash

LONDON: Jurgen Klopp said Liverpool were assessing the fitness of Mohamed Salah and Virgil van Dijk as they prepare...

Published 16 May, 2022 06:18pm

Pakistan

Female 'suicide bomber' arrested from Turbat

Militant belongs to Majeed Brigade wing of the banned Baloch Liberation Army

Published 16 May, 2022 06:16pm

World

Kamala Harris leads high-level US team to meet new UAE leader

ABU DHABI: US Vice President Kamala Harris was Monday leading a high-level delegation to meet the United Arab...

Published 16 May, 2022 06:14pm

Pakistan

Extreme temperatures compound poverty in Pakistan’s hottest city

JACOBABAD: By the time Pakistani schoolboy Saeed Ali arrived at hospital in one of the world’s hottest cities, his...

Published 16 May, 2022 06:10pm

Sports

Medvedev keen for clay play before Paris

GENEVA: Daniil Medvedev said he was ready and raring to go as he returns from a hernia operation, tuning up for next...

Published 16 May, 2022 06:09pm

Sports

Bangladesh firm in reply after Mathews falls for 199

CHITTAGONG: Angelo Mathews missed out on his second double hundred by one run as Bangladesh bowled out Sri Lanka for...

Published 16 May, 2022 06:03pm

Business & Finance

Over 10mn customers sign up for SBP’s Raast payment service

The aggregate value of P2P transactions on Raast has crossed Rs36 billion

Published 16 May, 2022 05:59pm

Markets

Saudi expects 13 million bpd oil capacity by 2027: minister

MANAMA: Saudi Arabia expects to ramp up its daily oil production capacity by more than one million barrels to exceed...

Published 16 May, 2022 05:59pm

World

Indian PM skips opening of Nepal’s Chinese-built airport

LUMBINI: Nepal on Monday opened a Chinese-built airport intended to capitalise on Buddhist tourism as India’s prime...

Published 16 May, 2022 05:54pm

Markets

Russian rouble hovers near 5-year highs vs euro, stocks up

The Russian rouble firmed past 64 per dollar on Monday and climbed towards its highest in nearly five years against...

Published 16 May, 2022 05:25pm

Markets

Saudi Arabia crude exports fall to 7.235mn bpd in March

Saudi Arabia’s crude oil exports in March fell to 7.235 million barrels per day from 7.307 million bpd in February,...

Published 16 May, 2022 05:04pm

Markets

Japan’s Kishida to work closely with BOJ on economic policy

TOKYO: Japanese Prime Minister Fumio Kishida vowed on Monday to pull the economy out of COVID-19-induced doldrums by...

Published 16 May, 2022 05:01pm

Pakistan

PM Shehbaz affirms Pakistan's resolve to fast track CPEC projects

Premier Li assures Shehbaz of China’s readiness to enhance economic cooperation during phone call

Updated 16 May, 2022 06:24pm

Pakistan

Bilawal to hold talks with US Secretary of State in second foreign trip as FM

Bilawal will attend a ministerial meeting on 'Global Food Security Call to Action' to be held at the United Nations

Published 16 May, 2022 04:52pm

Markets

Indian shares end 6-day losing streak; Eicher, Ambuja rise

BENGALURU: Indian shares closed higher on Monday after six consecutive sessions of losses, driven by gains in Eicher...

Published 16 May, 2022 04:48pm

Business & Finance

McDonald's to exit Russia after more than 30 years

exiting the country...

Published 16 May, 2022 04:17pm

Business & Finance

Tarin urges govt to hold National Price Monitoring Committee meeting

Former finance minister says not a single meeting has been held by the current coalition government

Updated 16 May, 2022 06:46pm

Markets

Bitcoin back below $30,000; European regulators renew crypto warnings

HONG KONG: Cryptocurrencies resumed their slide on Monday, giving up the gains they had eked out over the weekend, ...

Updated 16 May, 2022 04:08pm

Markets

Hong Kong stocks close slightly higher

HONG KONG: Hong Kong stocks closed slightly higher Monday, with investors monitoring China for a gradual re-opening...

Published 16 May, 2022 03:23pm

Markets

International: Wheat prices hit record high after Indian export ban

PARIS: Wheat prices surged to a new record high on Monday after India decided to ban exports of the commodity as a...

Updated 16 May, 2022 04:15pm

Sports

Djokovic makes it 370 weeks at number one

PARIS: Novak Djokovic extended his record at the top of the ATP rankings to 370 weeks on Monday while Rafael Nadal...

Published 16 May, 2022 03:20pm

Life & Style

Amber Heard to return to witness stand as defamation trial resumes

WASHINGTON: Johnny Depp's ex-wife Amber Heard returns to the witness stand on Monday as the celebrity couple's ...

Published 16 May, 2022 03:07pm

Life & Style

Box Office: 'Doctor Strange 2' rules again as 'Firestarter' flames out

LOS ANGELES: 'Doctor Strange in the Multiverse of Madness' is again the number one movie at the domestic box ...

Published 16 May, 2022 03:06pm

Life & Style

Queen Elizabeth attends star-studded horse show finale

LONDON: Britain's Queen Elizabeth attended the finale of a four-day horse show on Sunday that celebrated her 70 ...

Published 16 May, 2022 03:04pm

Pakistan

PM Shehbaz calls for achieving wheat procurement targets by June 1

Says federal government will supply commodity to public at low cost

Updated 16 May, 2022 03:15pm

Markets

Vodafone shares jump 4% after UAE group buys 9.8% stake

LONDON: Shares in Vodafone jumped 4% in early trade on Monday after the United Arab Emirates-based telecoms company...

Updated 16 May, 2022 01:40pm

Markets

Euro zone bond yields hold below recent highs on growth unease

LONDON: Most government bond yields across the euro area were a touch lower on Monday, holding below recent...

Published 16 May, 2022 01:11pm

Markets

Stocks steadier after volatile week

LONDON: Stock markets were steadier Monday after last week’s volatility, with traders assessing recession risks as...

Updated 16 May, 2022 05:51pm

Markets

Defensive stocks, weak China data drag UK shares lower

UK shares retreated on Monday on weakness in consumer staple and healthcare stocks, while poor data from China...

Published 16 May, 2022 01:04pm

World

Iran’s foreign minister to visit UAE on Monday

DUBAI: Iran’s top diplomat is expected to visit the United Arab Emirates on Monday, the Iranian foreign ministry...

Published 16 May, 2022 01:02pm

Markets

China stocks close lower on dire economic activity data

SHANGHAI: China stocks ended down on Monday after data showed the country’s economic activity had cooled sharply in...

Published 16 May, 2022 12:57pm

Markets

Rupee closes at 194.18 against USD, cumulative depreciation in one month hits 6.5%

Lack of clarity on economic policy and falling foreign exchange reserves as well as dollar's strength have contributed to currency's decline

Updated 16 May, 2022 07:43pm

Pakistan

PM Shehbaz directs interior minister to provide security to Imran Khan

In Bani Gala, 94 security personnel of police and FC have already been deployed

Updated 16 May, 2022 06:13pm

Markets

Japan’s Nikkei extends gains, though China’s slowdown fears weigh

TOKYO: Japan’s Nikkei stock average gained for a second day on Monday, taking cues from previous session’s...

Published 16 May, 2022 12:04pm

Markets

Australia shares end higher on banks; Brambles soars on deal talks

Gains in banks and tech stocks helped Australian shares buck a wider gloom in equities on Monday to end the session...

Published 16 May, 2022 12:01pm

World

Crisis-hit Sri Lanka set for uneasy ‘economic war cabinet’

COLOMBO: Sri Lanka was set to form a new cabinet on Monday as bitter political rivals make common cause to tackle a...

Published 16 May, 2022 11:58am

Sports

Indian badminton heroics knock even cricket off front pages

NEW DELHI: India’s historic first Thomas Cup crown was splashed across front pages Monday with some people saying it...

Published 16 May, 2022 11:55am

Technology

Tesla delays plan to restore Shanghai output to pre-lockdown levels

SHANGHAI: Tesla Inc has delayed a plan to restore production at its Shanghai plant to levels before the city’s...

Published 16 May, 2022 11:47am

Markets

China’s April coal output leaps 11% on year, but demand downturn looms

BEIJING: China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s...

Published 16 May, 2022 11:45am

Markets

Japan’s Nikkei gives up early gains on China slowdown worries

TOKYO: Japan’s Nikkei stock average shed most of its early gains on Monday as data showing a sharper-than-expected...

Published 16 May, 2022 11:43am

Business & Finance

U.S. Treasury’s Yellen to push Poland on global minimum tax implementation

WARSAW: US Treasury Secretary Janet Yellen will thank Poland for hosting millions of Ukrainian war refugees on...

Published 16 May, 2022 11:41am

Markets

Turkish lira weakens for 8th day to near 15.6 against dollar

ISTANBUL: The Turkish lira slid to near 15.6 against the dollar on Monday, slipping for the eighth consecutive...

Updated 16 May, 2022 03:28pm

Business & Finance

China April property sales post steepest drop since 2010

BEIJING/HONG KONG: China’s property sales in April fell at their fastest pace in at least 12 years as COVID-19...

Published 16 May, 2022 11:36am

Markets

Yuan near 20-month low as economic gloom overshadows easing lockdowns

SHANGHAI: China’s yuan hovered just off a 20-month low against the dollar on Monday, as much weaker-than-expected...

Published 16 May, 2022 11:34am

Sports

Man City ready to ‘give our lives’ to retain title: Guardiola

Manchester City manager Pep Guardiola said they are ready to “give their lives” in the final match of the season to...

Published 16 May, 2022 11:32am

Business & Finance

Renault sells stake in Russia’s Avtovaz, with buyback option

Renault will sell its majority stake in carmaker Avtovaz to a Russian science institute, the French carmaker said on...

Published 16 May, 2022 11:30am

World

Sweden, Finland NATO membership would increase Baltic security: Estonia

BERLIN: Sweden and Finland joining NATO would increase the security of the Baltic region, Estonian Foreign Minister...

Published 16 May, 2022 11:28am

Business & Finance

Turkey’s C/A seen recording deficit of $5.37bn in March

ISTANBUL: Turkey’s current account is expected to record a deficit of $5.37 billion in March and end the year with a...

Published 16 May, 2022 11:26am

Business & Finance

Ryanair CFO says ticket prices lower than earlier expectations

DUBLIN: Ryanair in recent weeks has seen single-digit percentage increases in ticket prices compared to the same...

Published 16 May, 2022 11:24am

Markets

China April aluminium output hits record high as power curbs lifted

BEIJING: China’s aluminium production in April hit a record high, official data showed on Monday, after curbs on...

Published 16 May, 2022 11:22am

Markets

KSE-100 plunges 1.88%, closes at 15-month low

Concerns of ballooning external deficit stem from government’s decision to keep oil prices unchanged

Updated 16 May, 2022 06:20pm

Markets

Japan to keep calendar-based JGB sales to market unchanged after extra budget

TOKYO: Japan is set to keep its annual calendar-based government bond (JGB) sales to the market steady at initial...

Published 16 May, 2022 11:20am

Markets

Gold hovers near 3-month low as dollar strength continues

Gold prices edged down in choppy trading on Monday as a strong dollar hurt demand for the greenback-priced metal and...

Published 16 May, 2022 11:18am

Technology

Facebook changing with times a decade after stock debut

SAN FRANCISCO: Facebook boss Mark Zuckerberg rang the opening bell remotely to cheers 10 years ago as the beloved...

Published 16 May, 2022 10:48am

World

One dead, four critically injured in California church shooting

LAGUNA WOODS: One person was dead and four others in “critical” condition after a shooting at a church near Los...

Published 16 May, 2022 10:44am

World

Four killed, four wounded in Brazil shooting

RIO DE JANEIRO: Gunmen in Brazil opened fire outside a bar in the northern city of Altamira, killing four people and...

Published 16 May, 2022 10:40am

Business & Finance

China’s retail sales lowest in two years from Covid damage

BEIJING: China’s retail sales slumped to its lowest in over two years while factory output plunged, official data...

Published 16 May, 2022 10:39am

World

Saudi King Salman leaves hospital after tests: state media

RIYADH: Saudi Arabia’s ageing King Salman has left the hospital one week after being admitted for tests, including a...

Published 16 May, 2022 10:36am

World

Future king Charles heads to Canada on queen’s behalf

LONDON: Prince Charles heads to Canada this week to represent head of state Queen Elizabeth II, with more attention...

Published 16 May, 2022 10:32am

World

UK PM heads to Belfast amid deepening EU row

BELFAST: UK Prime Minister Boris Johnson will step into an increasingly bitter row on Monday when he visits Northern...

Published 16 May, 2022 10:27am

Technology

New Zealand to boost electric car sales

WELLINGTON: New Zealanders who trade in their gas-guzzling car will get financial aid towards buying a cleaner...

Published 16 May, 2022 10:24am

World

Ukraine prepares for new Russian Donbas push, says gains made in north

KYIV: Ukraine was preparing Monday for a new Russian push in the eastern Donbas region, as Kyiv said its army’s...

Published 16 May, 2022 10:21am

World

North Korea’s Kim orders military to stabilise supply of COVID-19 drugs

SEOUL: Leader Kim Jong Un has ordered North Korea’s military to stabilise distribution of COVID-19 medicines in the...

Published 16 May, 2022 10:13am

World

Poor workers bear the brunt of India’s heatwave

NOIDA: For construction worker Yogendra Tundre, life at a building site on the outskirts of the Indian capital New...

Published 16 May, 2022 10:10am

World

Shanghai targets June 1 return to normal as COVID lockdowns cool economy

SHANGHAI/BEIJING: Shanghai set out plans on Monday for the return of more normal life from June 1 and the end of a...

Published 16 May, 2022 10:06am

Markets

China stocks fall as dire economic activity data dents sentiment

SHANGHAI: China stocks fell on Monday after data showed that the country’s economic activity cooled sharply in April...

Published 16 May, 2022 10:00am

Markets

Indian shares follow broader Asia higher; Ambuja Cements, ACC up

BENGALURU: Indian shares inched higher on Monday as broader Asia tried to hold onto small gains after weak data from...

Published 16 May, 2022 09:58am

Markets

Tech boost lifts Australian shares; Brambles soars on CVC buyout talks

Australian shares rose on Monday with technology stocks catching the tailwind from a bounce on Wall Street, even as...

Published 16 May, 2022 09:57am

Markets

Australia, NZ dollars toppled by China data shock

SYDNEY: The Australian and New Zealand dollars suffered a fresh setback on Monday when stunningly weak economic data...

Published 16 May, 2022 09:55am

Markets

Dollar perched at 2-decade high on weak China data

LONDON: The US dollar consolidated gains near a two-decade peak on Monday as poor Chinese economic data hurt...

Updated 16 May, 2022 12:59pm

Markets

Oil prices fall on China’s weak economic data

LONDON: Oil prices fell on Monday as widespread lockdowns in China and weak Chinese economic data fuelled fears of a...

Updated 16 May, 2022 06:24pm

Markets

Tokyo shares open higher after US gains

TOKYO: Tokyo shares opened higher on Monday after Wall Street rebounded, backed by gains among high-tech stocks. The...

Published 16 May, 2022 09:46am

Markets

Hong Kong stocks open higher

HONG KONG: Hong Kong equities opened higher on Monday, following a Wall Street bounce sparked by a rally among...

Published 16 May, 2022 09:42am

Markets

Asian stocks up but investors fear recession

HONG KONG: Asian equities were up on Monday after a rally on Wall Street last week, but analysts say fears of a...

Published 16 May, 2022 09:40am

Pakistan

Five youths ‘kidnapped’ near Iranian border

ISLAMABAD: More than five Pakistani youths have been kidnapped when they were crossing Iranian border to go to...

Published 16 May, 2022 06:59am

Pakistan

Global food crisis: Bilawal likely to participate in US-convened meeting

UNITED NATIONS: Foreign Minister Bilawal Bhutto Zardari is expected to be in New York this week to lead Pakistan’s...

Published 16 May, 2022 06:59am

Pakistan

Customs seizes Qatari riyals at Peshawar airport

ISLAMABAD: Continuing with its ongoing incessant operations against currency smuggling, Pakistan Customs seized...

Published 16 May, 2022 06:59am

Pakistan

Covid-19 pandemic: China’s handling set high standards for world: Bilawal

BEIJING: Foreign Minister Bilawal Bhutto-Zardari said that China’s handling of the COVID-19 pandemic by adopting a...

Published 16 May, 2022 06:59am

Pakistan

3000 nomination papers submitted for Sindh LG elections: ECP

KARACHI: As many as 3,000 nomination papers have been submitted for first phase of local government elections in the...

Published 16 May, 2022 06:59am

Pakistan

Hyderabad Division: Construction of district information offices reviewed

HYDERABAD: Secretary of Information Department Sindh Abdul Rasheed Solangi has said that completion of construction...