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World

Missile strike hits crowded mall in east Ukraine: Zelensky

KYIV: A Russian missile strike on Monday hit a crowded mall in the eastern Ukrainian city of Kremenchuk, killing and...

Published 27 Jun, 2022 07:53pm

Markets

Sri Lankan shares fall as fuel shortage worsens

Sri Lankan shares fell over 2% on Monday, dragged down by industrials and consumer staples, as the country faced...

Published 27 Jun, 2022 07:25pm

World

Biden, Xi expected to engage in next weeks

SCHLOSS ELMAU, GERMANY: US President Joe Biden and Chinese President Xi Jinping are expected to speak in the next...

Published 27 Jun, 2022 07:22pm

Markets

Palm oil jumps over 6% on strength in rival oils, mill closures

KUALA LUMPUR: Malaysian palm oil futures jumped as much as 6.5% on Monday, recouping some losses from last week,...

Published 27 Jun, 2022 07:16pm

Business & Finance

Credit Suisse found guilty in money-laundering case

BELLINZONA: Credit Suisse and a former employee have been found guilty by Switzerland's Federal Criminal Court of...

Published 27 Jun, 2022 07:12pm

World

Crisis-hit Sri Lanka just days from running out of fuel

COLOMBO: Sri Lanka expects to run out of fuel in days, prompting the government to close schools in Colombo and...

Published 27 Jun, 2022 06:45pm

Life & Style

Murdered rapper's song pulled from YouTube in India

NEW DELHI: YouTube has removed a viral music video in India released posthumously by murdered Sikh rapper Sidhu ...

Published 27 Jun, 2022 06:45pm

World

Afghanistan earthquake survivors unsafe as aftershocks continue

KABUL: Aftershocks continue to be felt in the area hit by a deadly earthquake in Afghanistan last week and the area...

Published 27 Jun, 2022 06:37pm

Pakistan

Peoples Bus Service inaugurated in Karachi

Initially, the bus will run between Malir Halt and Tower

Published 27 Jun, 2022 06:28pm

Pakistan

Pakistan signs deal with France to suspend $107mn loan

The amount, initially repayable between July-Dec, 2021 will now be repaid over a period of six years including one-year grace period in semi-annual instalments, says Pakistan's Economic Affairs Division

Updated 27 Jun, 2022 07:32pm

World

Israel to work with world powers to shape any Iran nuclear deal

JERUSALEM: Israel will work with world powers to have an impact on any deal that may emerge from their nuclear...

Published 27 Jun, 2022 06:22pm

World

A 'default' when flush with cash: Five signs Russia ain't sinking yet

LONDON: Russia may have defaulted for the first time on foreign bonds since the Bolsheviks refused to pay on a vast...

Published 27 Jun, 2022 06:12pm

World

Israel, Arab countries deepen cooperation ahead of Biden visit

MANAMA: The United States, Israel and four Arab countries agreed to closer cooperation and annual foreign ministers’...

Published 27 Jun, 2022 06:04pm

Technology

Google faces antitrust complaint by Danish job-search rival

BRUSSELS: Google faces an antitrust complaint on Monday by Danish online job-search rival Jobindex, which told...

Published 27 Jun, 2022 05:44pm

Pakistan

Pakistan notifies revised control lists under Export Control Act 2004

Development shows Pakistan remains a responsible nuclear state, says FO

Published 27 Jun, 2022 05:44pm

Markets

France wants Iran, Venezuela return to oil markets

SCHLOSS ELMAU: France wants sanctions-hit Iran and Venezuela to return to the oil markets to alleviate a Russian...

Published 27 Jun, 2022 05:29pm

World

Qatar to host indirect Iran-US talks on reviving 2015 nuclear deal

DUBAI: Qatar will host indirect talks between Iran and the United States in the coming days, Iranian media reported...

Published 27 Jun, 2022 05:22pm

Markets

Rupee depreciates marginally against US dollar

Closes at 207.94 in inter-bank market on Monday

Updated 27 Jun, 2022 07:30pm

Sports

Wimbledon open for business, not quite as usual

LONDON: The world’s most famous queue began streaming into the All England Club on Monday as the gates opened at the...

Published 27 Jun, 2022 05:10pm

Markets

Copper steadies, but recession fears dominate mood

LONDON: Copper prices steadied on Monday as sentiment improved after top consumer China eased COVID restrictions,...

Published 27 Jun, 2022 05:03pm

Markets

India shares close at over 2-week high as tech, metal stocks gain

BENGALURU: Indian shares joined a rally in global stock markets to close at a more than two-week high on Monday, led...

Published 27 Jun, 2022 04:56pm

World

Afghan quake relief focus shifts to long term

Most pressing need is for cash to enable those affected to buy basic materials to rebuild their lives, says deputy president of the Afghan Red Crescent Society

Published 27 Jun, 2022 04:11pm

Business & Finance

India, EU resume free trade talks after nine-year gap

NEW DELHI: India and the European Union resumed talks Monday on a free-trade deal after a nine-year gap, as Western...

Published 27 Jun, 2022 04:09pm

World

Scholz open to attending G20 summit despite Putin presence

ELMAU CASTLE: Germany’s Chancellor Olaf Scholz indicated Monday that he was open to taking part in November’s G20...

Published 27 Jun, 2022 04:07pm

Technology

Pakistan’s Bykea raises $10mn in fresh funding from existing backers

Plans to use capital to enhance and extend its offerings in mobility and fulfillment services for consumers and SMEs as well as leveraging its fleet for unique fintech use cases like COD, cash-pickup services, or verification services

Published 27 Jun, 2022 04:03pm

Sports

Rain delays England bid for New Zealand series sweep

LEEDS: Rain delayed England’s attempt to complete a 3-0 series whitewash of New Zealand at Headingley on...

Published 27 Jun, 2022 04:02pm

World

Climate activists block IMF Paris office doors

PARIS: Climate activists on Monday blocked entry to the International Monetary Fund’s Paris office with some gluing...

Published 27 Jun, 2022 03:56pm

Sports

England’s Morgan to retire from international cricket

LEEDS: England’s World Cup-winning captain Eoin Morgan is set to retire from international cricket, with an official...

Published 27 Jun, 2022 03:53pm

Pakistan

FO says it was blocked from non-member BRICS meeting

Foreign Office did not name country responsible for blocking Pakistan's participation, though some reports indicate it could have been India

Updated 27 Jun, 2022 03:26pm

Perspectives

When the going gets tough, look skywards

Passenger: “What are you saying? Only yesterday I paid Rs. 20 for the bus fare, now you are charging me Rs. ...

Published 27 Jun, 2022 02:10pm

Markets

Pakistan's fuel oil imports to hit 4-year high as it struggles to buy LNG

Spokesman for Pakistan’s energy ministry cites global prices as reason for surge in fuel oil imports

Updated 27 Jun, 2022 06:03pm

Markets

Dubai leads major Gulf bourses higher ahead of TECOM IPO

Major markets in the Gulf rose on Monday, in line with Asian stock markets on improved market sentiment, with the...

Published 27 Jun, 2022 01:43pm

Markets

Kenyan shilling stable, strong importer demand poses risk

NAIROBI: The Kenyan shilling held steady on Monday but traders said it was likely to remain under pressure from...

Published 27 Jun, 2022 01:40pm

World

Crisis-hit Sri Lanka shuts schools, urges work from home to save fuel

COLOMBO: Troops in Sri Lanka handed tokens on Monday to people queueing for petrol amid a severe fuel shortage in ...

Updated 27 Jun, 2022 01:46pm

Markets

G7 to hike sanctions on Russia, close to oil price cap deal: U.S. Official

SCHLOSS ELMAU: The Group of Seven rich democracies will commit on Tuesday to a new package of coordinated actions...

Published 27 Jun, 2022 01:13pm

Pakistan

Pakistan orders masks on domestic flights as COVID numbers rise

KARACHI: Pakistan’s aviation regulator has made masks mandatory on domestic flights given a gradual rise in the...

Updated 27 Jun, 2022 01:46pm

World

Iran says Saudi Arabia wants to resume diplomatic talks with Tehran

DUBAI: Saudi Arabia wants to resume diplomatic talks with Tehran, Iran’s foreign ministry spokesman Saeed...

Published 27 Jun, 2022 12:56pm

Markets

South African rand weakens as dollar finds support

South Africa’s rand weakened in early trade on Monday, as the safe-haven dollar benefited from a bid for safety by...

Published 27 Jun, 2022 12:40pm

Markets

Turn of events: KSE-100 gains over 800 points on hope of IMF programme revival

Index finishes near 41,900 level as investors also brush off imposition of 'super tax'

Updated 27 Jun, 2022 05:58pm

Markets

FTSE 100 rises as commodity-linked stocks rebound

UK’s FTSE 100 rose on Monday, as an easing of COVID-19 restrictions in China brought relief to commodity prices,...

Published 27 Jun, 2022 12:37pm

World

France is working on energy contingency plans, says finance minister

PARIS: France is working on energy contingency plans because of cuts to gas flows from Russia which have hit the...

Published 27 Jun, 2022 12:36pm

Pakistan

LHC directs ECP to notify PTI members on Punjab Assembly reserved seats

Seats fell vacant following the de-seating of PTI MPAs over voting for Hamza Shehbaz

Published 27 Jun, 2022 12:31pm

Markets

May FCA: NEPRA approves hike of Rs7.9/unit

Reason for proposed increase in FCA, according to CPPA-G, was higher generation from expensive fuels and previous adjustments

Updated 27 Jun, 2022 06:03pm

Markets

Palm rises after tumble, declining June exports weigh

KUALA LUMPUR: Malaysian palm oil futures rose on Monday, recouping some losses from a plunge last week, as it...

Published 27 Jun, 2022 11:35am

Markets

Gold rises as G7 nations plan to ban bullion imports from Russia

Gold prices gained on Monday, as news of some Western nations planning to officially ban imports of the metal from...

Published 27 Jun, 2022 11:33am

Markets

Yuan edges up as Shanghai declares COVID victory, outlook remains cautious

SHANGHAI: China’s yuan edged up against the dollar on Monday, after Shanghai declared victory against COVID-19 over...

Published 27 Jun, 2022 11:30am

World

Ukraine and Russia: What you need to know right now

Russian forces were battling on Monday to capture Lysychansk, the last major city still held by Ukrainian troops in...

Published 27 Jun, 2022 11:27am

Markets

JGB yields track US peers higher, equities rally weigh

TOKYO: Japanese government bond yields rose on Monday, tracking US Treasury peers, while a rally in domestic...

Published 27 Jun, 2022 11:23am

Technology

Tencent falls 2.5% as Prosus, Naspers say to gradually sell shares

HONG KONG: Shares of Chinese internet gaming and social media giant Tencent Holdings Ltd gave up early gains to fall...

Published 27 Jun, 2022 11:22am

Business & Finance

China Evergrande faces winding-up lawsuit in Hong Kong

HONG KONG: A winding-up petition has been filed against embattled property developer China Evergrande Group at the...

Published 27 Jun, 2022 11:19am

World

North Korea says US is setting up Asian NATO; vows stronger defence

SEOUL: North Korea has accused the United States of setting up a military alliance like NATO in Asia, saying the...

Published 27 Jun, 2022 11:17am

Sports

Sri Lanka turn to spin in bid to inflict more pain on Australia

GALLE: Sri Lanka are looking to inflict more pain on injury-hit Australia when the first match of a two-Test series...

Published 27 Jun, 2022 11:13am

Sports

South Korea’s Chun In-gee wins Women’s PGA Championship

BETHESDA: Chun In-gee captured her third major title on Sunday, winning the Women’s PGA Championship to claim her...

Published 27 Jun, 2022 11:06am

Life & Style

Menswear regains its muscle at Paris Fashion Week

PARIS: Menswear proved to be in reinvigorated form as Paris Fashion Week ended on Sunday, with spectacle, innovation...

Published 27 Jun, 2022 11:02am

Sports

Roach runs through Bangladesh top order after 250th Test wicket

GROS-ISLET: Kemar Roach became just the sixth West Indian to claim 250 Test wickets as the senior pacer swept...

Published 27 Jun, 2022 10:58am

Sports

Lyles primed to take on the world at Hayward Field

EUGENE: Noah Lyles stormed past rising rival Erriyon Knighton to win the US 200m title on Sunday and warned the...

Published 27 Jun, 2022 10:52am

Sports

Defiant sprint darling Richardson eyes Diamond League after missing Worlds

EUGENE: Sha’Carri Richardson’s confidence wasn’t enough to carry her to a US World Championships team berth but the...

Published 27 Jun, 2022 10:49am

Sports

Djokovic brings curtain up on Wimbledon

LONDON: Novak Djokovic begins his bid to match Pete Sampras as a seven-time Wimbledon champion on Monday with...

Published 27 Jun, 2022 10:46am

World

Zelensky to press G7 for more help as war rages

ELMAU CASTLE: President Volodymyr Zelensky will urge world powers to step up their support for Ukraine when he...

Published 27 Jun, 2022 10:42am

World

UK bill to override North Ireland Brexit deal back in parliament

LONDON: A UK government bill proposing an overhaul to a post-Brexit deal in Northern Ireland returns to parliament...

Published 27 Jun, 2022 10:37am

World

Ailing oceans in the spotlight at major UN meet

LISBON: A long-delayed UN conference on how to restore the faltering health of global oceans kicks off in Lisbon...

Published 27 Jun, 2022 10:32am

World

‘Number one adviser’: Philippine First Lady to play key role

MANILA: The Philippines’ new first lady Louise Araneta-Marcos insists she has no interest in joining her husband’s...

Published 27 Jun, 2022 10:08am

Markets

Asian markets extend rally as rate hike fears subside

HONG KONG: Asian markets rallied again Monday, building on last week’s advances and following a strong performance...

Published 27 Jun, 2022 10:03am

Markets

Central bank chiefs meet to discuss inflation challenge

SINTRA: Central bank chiefs and economists gather Monday evening at their annual forum in southern Portugal to...

Published 27 Jun, 2022 10:01am

Markets

Russia slides towards default as payment deadline expires

LONDON: Russia edged closer to default on Sunday amid little sign that investors holding its international bonds had...

Published 27 Jun, 2022 09:53am

Markets

Turkish lira surges 6% against dollar after lending curbs

ISTANBUL: The Turkish lira rallied as much as 6% against the dollar on Monday after Turkey moved to restrict lira...

Updated 27 Jun, 2022 11:29am

Markets

Indian shares hit over two-week high on tech, metal boost

BENGALURU: Indian shares rose on Monday to their highest in more than two weeks, with technology and metal stocks...

Updated 27 Jun, 2022 11:43am

Markets

Australia, NZ dollars in the doldrums as commodities slide

SINGAPORE: Investors left the Australian and New Zealand dollars behind on Monday and the two currencies slipped...

Published 27 Jun, 2022 09:46am

World

Ukraine war could boost illegal drug production: UN

VIENNA: The war in Ukraine could allow illegal drug production to flourish, while the opium market’s future hinges...

Published 27 Jun, 2022 09:37am

BR Research

Searching for green shoots

The speed (if not the accuracy) with which those ‘economic bombs’ (in media-speak) are being dropped these days...

Published 27 Jun, 2022 09:36am

BR Research

Cotton forecast: this again?

Pakistan’s cotton imports are on the rise again.After importing just 3.1 million bales (of 170kg) during first ...

Published 27 Jun, 2022 09:35am

Sports

Wolff latest to leave PGA for LIV Golf: reports

WASHINGTON: World number 77 Matthew Wolff, a 23-year-old American, is the latest player to leave the US PGA Tour for...

Published 27 Jun, 2022 09:31am

Markets

Japan’s Nikkei rises for 3rd session on tech boost

TOKYO: Japan’s Nikkei rose for a third straight session on Monday, lifted by heavyweight technology stocks, after a...

Updated 27 Jun, 2022 12:45pm

Markets

Hong Kong shares close sharply higher

HONG KONG: Hong Kong stocks finished on a strong note Monday, extending last week’s rally on hopes that central...

Updated 27 Jun, 2022 02:04pm

BR Research

Auto financing fades!

Car buyers are seemingly no longer knocking on bank doors for auto loans given the upward trajectory of interest...

Published 27 Jun, 2022 09:25am

Markets

Australian shares end higher, enjoy best day in nearly 5 months

Australian shares closed higher on Monday, recording their best day in nearly five months, as firm commodity prices...

Updated 27 Jun, 2022 12:43pm

Markets

Dollar finds support as investors put safety first

SINGAPORE: The dollar and Japanese yen both found support in a choppy Asia session on Monday, benefiting from a bid...

Updated 27 Jun, 2022 01:04pm

Markets

Oil prices edge higher ahead of G7 talks on new Russian sanctions

LONDON: Oil prices edged higher on Monday in a volatile session as investors waited for any moves against Russian ...

Updated 27 Jun, 2022 06:07pm

BR Research

Interview with Shoaib Javed Hussain, CEO & Chairman, State Life Insurance Corporation of Pakistan

‘Our focus is growth driven by products, digital innovation, and policyholders’ convenience’ Shoaib Javed...

Updated 27 Jun, 2022 03:02pm

Business & Finance

China’s May industrial profits slump again despite easing COVID curbs

BEIJING: Profits at China’s industrial firms shrank at a slower pace in May following a sharp fall in April, as...

Published 27 Jun, 2022 09:14am

World

Ecuador cuts gasoline prices in latest concession to protesters

QUITO: Ecuadorean President Guillermo Lasso said on Sunday he would cut prices for gasoline and diesel by 10 cents a...

Published 27 Jun, 2022 09:11am

World

Russia steps up missile strikes on Ukraine

KYIV/POKROVSK, (Ukraine): Russian missiles hit an apartment block and kindergarten in the Ukrainian capital Kyiv on...

Published 27 Jun, 2022 07:48am

World

Thousands protest in Madrid against NATO summit

MADRID: Carrying the hammer and sickle flags of the former Soviet Union, thousands protested in Madrid on Sunday...

Published 27 Jun, 2022 07:48am

World

Nigerian state to allow individuals to carry guns

MAIDUGURI, (Nigeria): Nigeria’s Zamfara state will start issuing licences to individuals to carry guns to defend...

Published 27 Jun, 2022 07:48am

World

At least 22 young people die in South African tavern

CAPE TOWN: South African authorities are investigating the deaths of at least 22 young people found inside a popular...

Published 27 Jun, 2022 07:35am

Pakistan

Condolence

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday expressed grief over the demise of the senior journalist Salman...

Published 27 Jun, 2022 07:21am

Pakistan

Drug trafficking: Bugti, Hamza want joint strategy

ISLAMABAD: Minister for Narcotics Control Nawabzada Shahzain Bugti and Chief Minister of Punjab Hamza Shehbaz Sharif...

Published 27 Jun, 2022 07:21am

Pakistan

IIOJK torture is crime against humanity: president

ISLAMABAD: President Dr Arif Alvi on Sunday said that torture was a crime against humanity and the situation was...

Published 27 Jun, 2022 07:21am

Pakistan

Sale of sacrificial animals gaining momentum

RAWALPINDI: The prices of sacrificial animals, especially of goats and sheep have increased significantly as the...

Published 27 Jun, 2022 07:21am

Pakistan

Case of changing status of taxpayer: IHC issues notice to CIR at LTO Islamabad

ISLAMABAD: Islamabad High Court (IHC) has issued a notice to Commissioner Inland Revenue (CIR), Large Taxpayer ...

Published 27 Jun, 2022 07:05am

Pakistan

Production of off-season crops: Balochistan govt installs 396 green tunnels

QUETTA: Balochistan government has installed as many as 396 green tunnels aimed at enhancing the production of...

Published 27 Jun, 2022 07:05am

Pakistan

Bilawal to inaugurate People’s Bus Service today

KARACHI: Big news for the citizens of Karachi as Chairman Pakistan Peoples Party Bilawal Bhutto Zardari will...