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World

11-hour ambulance delay as UK healthcare hits crisis

BARWELL: Last July, 78-year-old Jacqueline Hulbert suffered a fall at home and was left lying on the floor for 11...

Published 31 Jan, 2023 02:13pm

Pakistan

Pakistan's performance worsens in corruption perception index

Pakistan's position has worsened in the latest corruption perception index, as it was ranked 140th place among 180...

Published 31 Jan, 2023 02:10pm

World

Blinken meets Palestinian leaders in bid to restore calm

JERUSALEM: US Secretary of State Antony Blinken was set to meet Palestinian leaders Tuesday for his final stop on a...

Published 31 Jan, 2023 02:09pm

Markets

European stocks open lower on eve of Fed

LONDON: Europe’s major stock markets slid Tuesday at the open, as caution prevailed on the eve of an interest rate...

Published 31 Jan, 2023 02:01pm

World

Three Al-Qaeda suspects killed in Yemen drone strike: officials

DUBAI: Three alleged Al-Qaeda militants were killed in a suspected US drone strike in northeastern Yemen on Monday,...

Published 31 Jan, 2023 01:59pm

Pakistan

Dar meets IMF review mission, apprises it of planned power sector reforms

Finance Division says Nathan Porter, IMF Mission Chief, expressed confidence government will meet IMF requirements for completion of 9th review

Published 31 Jan, 2023 01:46pm

Sports

Australian Open sets Grand Slam attendance record

The Australian Open set a Grand Slam attendance record with more than 900,000 spectators visiting over three weeks,...

Published 31 Jan, 2023 01:09pm

Markets

Palm slips after three-day climb as demand concerns weigh

KUALA LUMPUR: Malaysian palm oil futures fell on Tuesday, after touching a near three-week high in the previous...

Published 31 Jan, 2023 01:07pm

Markets

World Bank approves $600mn loan to support Philippines’ recovery, financial sector

MANILA: The World Bank said on Tuesday it has approved a $600 million loan to support the Philippines’ economic...

Published 31 Jan, 2023 12:52pm

Markets

India’s 2022 gold consumption drops 3% as prices rally: WGC

MUMBAI: India’s gold consumption in 2022 fell 3% from a year earlier, as a rally in local prices to near-record...

Published 31 Jan, 2023 12:48pm

Markets

Central banks bought the most gold since 1967 last year, WGC says

LONDON: Central banks added a whopping 1,136 tonnes of gold worth some $70 billion to their stockpiles in 2022, by...

Published 31 Jan, 2023 12:45pm

Markets

Gold slips ahead of Fed, but on pace for third monthly gain

Gold prices eased on Tuesday, but were en route to their third straight month of gains, as market participants...

Published 31 Jan, 2023 12:21pm

Technology

Cryptoverse: Big investors edge back to bitcoin

Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin. Digital asset...

Published 31 Jan, 2023 12:18pm

Markets

Adani stocks in focus as flagship entity’s share sale enters last day

MUMBAI: India’s Adani Enterprises shares rose on Tuesday, the last day for its $2.5 billion secondary share sale,...

Published 31 Jan, 2023 12:13pm

Business & Finance

French economy eked out 0.1% growth in Q4, above forecasts

PARIS: France’s economy eked out growth of 0.1% in the fourth quarter of 2022, according to preliminary gross...

Published 31 Jan, 2023 12:09pm

Markets

UniCredit hikes payout goal by 40% after record profit

MILAN: UniCredit pledged to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results,...

Published 31 Jan, 2023 12:07pm

Markets

UBS sounds cautious note for year ahead after booking quarterly profit rise

ZURICH: UBS Group AG predicted an “uncertain” year ahead plagued by accelerating inflation and higher interest rates...

Published 31 Jan, 2023 12:06pm

Markets

Japan’s 5-year bond yield rises even as BOJ offers loans to market

TOKYO: Yield on Japan’s five-year government bond rose on Tuesday, even as the central bank offered loans with the...

Published 31 Jan, 2023 12:05pm

Markets

Financials lead Indian shares lower; Adani stocks, econ survey in focus

BENGALURU: Indian shares declined after a volatile opening on Tuesday, the final day of Adani Enterprises’ mega...

Published 31 Jan, 2023 12:03pm

Markets

Bangladesh secures $4.7bn from IMF as other South Asian countries see delays

The International Monetary Fund (IMF) has approved loans of $4.7 billion to Bangladesh for disbursal starting...

Published 31 Jan, 2023 11:59am

Markets

Intra-day update: Bull run at PSX, KSE-100 up over 750 points

Hope of IMF programme revival, rupee's appreciation help investor sentiment

Updated 31 Jan, 2023 12:22pm

World

UK PM hails Brexit as ‘huge opportunity’, three years on

LONDON: British Prime Minister Rishi Sunak on Monday defended Brexit, insisting that leaving the EU had brought...

Published 31 Jan, 2023 11:47am

Technology

Is there life on Mars? Maybe, and it could have dropped its teddy

LOS ANGELES: Yogi, Paddington and Winnie the Pooh, move over. There’s a new bear in town. Or on Mars, anyway. The...

Published 31 Jan, 2023 11:43am

World

Winter not over, but Europe braces for the next one

PARIS: Europe has weathered the energy crisis that followed Russia’s invasion of Ukraine so far, but businesses and...

Published 31 Jan, 2023 11:41am

Sports

Real Madrid expected to continue European dominance of Club World Cup

RABAT: One of the last Club World Cups in its current format begins on Wednesday in Morocco, where Real Madrid will...

Published 31 Jan, 2023 11:36am

Business & Finance

IMF lifts 2023 growth forecast with boost from China reopening

WASHINGTON: Global growth is set to be higher than expected this year, the IMF said Monday, raising its forecast on...

Published 31 Jan, 2023 11:34am

Business & Finance

Samsung quarterly profits plunge to 8 year low on demand slump

SEOUL: Samsung Electronics said Tuesday that its fourth-quarter operating profits plunged nearly 70 percent, the...

Published 31 Jan, 2023 11:32am

World

US, South Korea to hold ‘tabletop’ exercises on nuclear threats

SEOUL: The United States and South Korea will hold discussion-based exercises on addressing nuclear threats, US...

Published 31 Jan, 2023 11:30am

Markets

Asian markets fluctuate ahead of Fed meeting

HONG KONG: Asian markets drifted Tuesday as investors bided their time ahead of a key Federal Reserve policy...

Published 31 Jan, 2023 11:27am

World

Ukraine war dominates Nobel year again

OSLO: From NATO secretary general to the Ukrainian president, the war in Ukraine dominates the names known so far to...

Published 31 Jan, 2023 11:25am

World

France braces for disruption as more pension protests loom

PARIS: France is bracing for major transport blockages on Tuesday, with mass strikes and protests set to hit the...

Published 31 Jan, 2023 11:20am

Markets

Hong Kong stocks suffer another big loss

HONG KONG: Hong Kong shares suffered a second straight day of big losses Tuesday as traders grow concerned that a...

Updated 31 Jan, 2023 02:03pm

World

Biden rejects F-16s for Ukraine as Russia claims advances

WASHINGTON: President Joe Biden said Monday the United States would not provide F-16 fighter jets to Ukraine, as...

Published 31 Jan, 2023 10:54am

Markets

Intra-day update: rupee sees some improvement against US dollar

Currency hovers at 266-267 level in interbank market

Updated 31 Jan, 2023 01:03pm

Markets

Australian shares dip ahead of rate decisions; log best January on record

Australian shares inched lower on Tuesday for a second consecutive day weighed by miners, ahead of US Federal...

Updated 31 Jan, 2023 12:01pm

Markets

Japan’s Nikkei ends lower ahead of Fed meeting; earnings in focus

TOKYO: Japan’s Nikkei share average ended lower, as investors awaited the outcome of the US Federal Reserve’s policy...

Updated 31 Jan, 2023 11:50am

World

NATO to strengthen partnership with Japan, says Secretary-General Stoltenberg

TOKYO: NATO will continue to strengthen its partnership with Japan amid the ongoing Ukraine war, NATO...

Published 31 Jan, 2023 10:31am

Markets

Indian rupee seen tad weaker on risk-off mood ahead of budget, Fed

MUMBAI: The Indian rupee is expected to weaken on Tuesday, as the dollar gained on tepid risk appetite, with...

Published 31 Jan, 2023 10:27am

Pakistan

Death toll in Peshawar mosque suicide blast passes 90

Bomber had stood in the first row in the mosque while Zuhr prayer around 1:40pm on Monday

Updated 31 Jan, 2023 01:23pm

Markets

US oil may bounce moderately before falling

SINGAPORE: US oil may bounce into a range of $78.36-$78.377 per barrel before retesting a support of $77.84. The...

Published 31 Jan, 2023 10:20am

Markets

Palm oil may test support at 3,888 ringgit

SINGAPORE: Palm oil may test a support at 3,888 ringgit per tonne, a break below could open the way towards 3,796...

Published 31 Jan, 2023 10:18am

Markets

Brent oil may bounce into $86.38-$87.05 range

Brent oil may bounce into a range of $86.38-$87.05 per barrel, before falling again. The drop on Monday confirmed a...

Published 31 Jan, 2023 10:14am

World

New Zealand’s new Prime Minister Chris Hipkins

Chris Hipkins is New Zealand’s 41st prime minister, following the surprise resignation of the charismatic Jacinda...

Published 31 Jan, 2023 10:10am

Markets

Copper prices dip as doubts over China demand linger

Copper prices dipped on Tuesday as traders exercised caution after physical demand in China, the world’s biggest...

Published 31 Jan, 2023 10:07am

Technology

FTX sues Voyager Digital to claw back $446 million in 2022 loan payments

NEW YORK: Bankrupt crypto exchange FTX sued crypto lender Voyager Digital on Monday, seeking to claw back $445.8...

Published 31 Jan, 2023 10:06am

Markets

Yuan weakens as investors stay cautious ahead of US rate decision

HONG KONG: China’s yuan weakened against the dollar on Tuesday, as investors stayed cautious ahead of an expected...

Published 31 Jan, 2023 10:03am

Business & Finance

China’s industrial profits contract in 2022 on COVID woes

BEIJING: Profits at China’s industrial firms fell 4% in 2022 from a year earlier, official data showed on Tuesday,...

Published 31 Jan, 2023 10:02am

Markets

EU’s tariffs on Indonesian stainless steel curtailed exports, Jakarta says

JAKARTA: The European Union’s anti-dumping tariffs on Indonesian stainless steel had cut exports severely, an...

Published 31 Jan, 2023 09:55am

Pakistan

Toshakhana case: Islamabad court decides to indict Imran Khan on February 7

Additional Sessions Judge Zafar Iqbal announces reserved verdict

Published 31 Jan, 2023 09:55am

Markets

Contender for BOJ chief Yamaguchi warned against risk of govt meddling

TOKYO: Hirohide Yamaguchi, among the top candidates to become the next Bank of Japan (BOJ) governor, warned about...

Published 31 Jan, 2023 09:52am

Business & Finance

Thai Dec factory output falls 8.19% y/y, more than forecast

BANGKOK: Thailand’s manufacturing production index (MPI) in December declined a more than expected 8.19% from a year...

Published 31 Jan, 2023 09:51am

Markets

Colombia central bank ups 2023 inflation projection to 8.7%

BOGOTA: The technical team of Colombia’s central bank on Monday revised its inflation projection for this year to...

Published 31 Jan, 2023 09:50am

Markets

CNOOC’s $3bn UK portfolio sale halted on valuation gap

CNOOC Ltd, China’s top offshore oil and gas producer, has halted a planned sale of its UK North Sea portfolio, which...

Published 31 Jan, 2023 09:48am

Markets

Spot gold still targets $1,883-$1,905 range

SINGAPORE: Spot gold still targets a range of $1,883 to $1,905 per ounce, as it has dropped below a rising wedge....

Published 31 Jan, 2023 09:46am

Markets

Dollar set for fourth monthly drop as Fed meeting looms

SINGAPORE: The dollar was eyeing a fourth monthly loss on Tuesday as investors reckon a peak in US interest rates...

Published 31 Jan, 2023 09:44am

Markets

Australian dollar sideswiped by dire data, still up on month

SYDNEY: The Australian dollar wobbled on Tuesday after data showed retail spending took a shock tumble in December...

Published 31 Jan, 2023 09:41am

Markets

Oil slips on rate hike worries, Russian crude flows despite China performance

Oil prices extended losses on Tuesday as the threat of further interest rate increases and continued Russian crude...

Updated 31 Jan, 2023 01:02pm

BR Research

What ‘stale’ hell!

The IMF team in Pakistan will continue the talks on the pending review. However, there is no surety that the talks...

Published 31 Jan, 2023 09:06am

BR Research

Telecoms in 2022

With the December numbers now in, the full-year CY22 analysis of the telecommunications sector does not tell a good...

Published 31 Jan, 2023 09:02am

BR Research

Power tariff: Surcharge won’t help

As Pakistan goes back to the drawing board with the IMF, the rumor mill churns news around another round of ...

Published 31 Jan, 2023 08:57am

BR Research

Fatima Fertilizer Company Limited

Fatima Fertilizer Company Limited (PSX: FATIMA) was incorporated in Pakistan in 2003 as a result of a joint venture...

Published 31 Jan, 2023 08:52am

World

Blinken urges calm in flaring Israeli-Palestinian conflict

JERUSALEM: US Secretary of State Antony Blinken called Monday for “urgent steps” to calm spiralling violence in...