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Pakistan

FIA should arrest Imran Khan like PML-N leaders on mere allegations : Marriyum

Minister for Information and Broadcasting Marriyum Aurangzeb on Thursday said the Federal Investigation Agency (FIA)...

Published 19 Aug, 2022 12:03am

World

Fed officials united on need to hike rates, divided over how high to go

The Federal Reserve needs to keep raising borrowing costs to bring high inflation under control, a string of U.S....

Published 18 Aug, 2022 11:55pm

World

WHO recommends Valneva's COVID vaccine

The World Health Organization on Thursday recommended the use of French drugmaker Valneva's COVID-19 vaccine. The ...

Published 18 Aug, 2022 11:22pm

World

U.N. chief, in Ukraine, says he worried by situation at nuclear plant on front line

KYIV: U.N. Secretary-General Antonio Guterres said on Thursday he was gravely concerned by the situation at Europe's...

Published 18 Aug, 2022 11:05pm

Pakistan

PTI postpones Imran Khan's Karachi rally on August 19

Imran Khan to address a public gathering in the metropolis on August 26

Published 18 Aug, 2022 09:55pm

Markets

SBP-held foreign exchange reserves rise $67mn, now stand at $7.9bn

Total liquid forex reserves held by Pakistan stand at $13.61 billion

Updated 19 Aug, 2022 12:21am

Markets

OPEC chief says blame policymakers, lawmakers for oil price rises

LONDON: Policymakers, lawmakers and insufficient oil and gas sector investments are to blame for high energy prices,...

Published 18 Aug, 2022 09:24pm

Markets

European shares up on energy boost, but inflation caps gains

European shares rose on Thursday with a boost from oil stocks, but lagged other major markets as euro zone inflation...

Published 18 Aug, 2022 09:19pm

Pakistan

Imran Khan urges 'neutrals' to review policies while there is still time

Claims ISI provided him information on PPP, PML-N's corruption

Updated 19 Aug, 2022 12:21am

Markets

Wall St slips as weekly jobless claims edge lower

Wall Street’s main indexes fell on Thursday after latest data suggested labor market conditions remain tight, while...

Published 18 Aug, 2022 08:37pm

World

Salman Rushdie attack suspect indicted, to appear in court Thursday

MAYVILLE: A man suspected of stabbing novelist Salman Rushdie last week in western New York will be arraigned on a...

Published 18 Aug, 2022 08:12pm

Markets

Most Gulf bourses end lower on oil, recession worries

Most stock markets in the Gulf ended lower on Thursday, amid concerns about the oil price’s recent slide to...

Published 18 Aug, 2022 07:46pm

Markets

Turkish lira leads losses after rate cut

The Turkish lira led losses among emerging market currencies on Thursday after the country’s central bank delivered...

Published 18 Aug, 2022 07:42pm

World

US existing home sales fall for sixth straight month; prices remain elevated

WASHINGTON: US existing home sales fell to a fresh two-year low in July, further evidence that the Federal Reserve’s...

Published 18 Aug, 2022 07:37pm

Markets

Toronto stocks climb, boosted by oil and material sectors

Canada’s main stock index rose on Thursday, as a rebound in commodity prices aided oil and materials stocks,...

Published 18 Aug, 2022 07:22pm

Sports

Rizwan, Salman guide Pakistan to seven-wicket win over Netherlands

ROTTERDAM: Mohammad Rizwan and Agha Salman made unbeaten half-centuries as Pakistan eased to a seven-wicket win over...

Updated 18 Aug, 2022 09:10pm

Technology

Globally: asset managers on alert after 'WhatsApp' crackdown on banks

LONDON: Asset managers are tightening controls on personal communication tools such as WhatsApp as they join banks ...

Published 18 Aug, 2022 06:44pm

World

US weekly jobless claims edged lower last week

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell moderately last week,...

Published 18 Aug, 2022 06:36pm

Business & Finance

Indian inflation still elevated, may warrant policy response

MUMBAI: Inflation in India may still require a monetary policy response going forward as it remains above the target...

Published 18 Aug, 2022 06:32pm

Sports

FIFA sells 2.45 million tickets for Qatar World Cup

Organisers have sold 2.45 million tickets for this year’s World Cup in Qatar, world soccer governing body FIFA said...

Published 18 Aug, 2022 06:27pm

Markets

KSE-100 loses 0.45% in topsy-turvy session

Late session profit taking erases gains

Updated 18 Aug, 2022 07:24pm

World

Russia says nuclear weapons use possible only in 'emergency circumstances'

Russia's foreign ministry said on Thursday that Moscow would only use its nuclear arsenal in "emergency...

Published 18 Aug, 2022 06:18pm

Markets

Sri Lankan shares end flat after central bank leaves rates unchanged

Sri Lankan shares pared early gains to end little changed on Thursday, after the country’s central bank held...

Published 18 Aug, 2022 05:51pm

Business & Finance

Turkey’s central bank shocks with 100-pt rate cut despite soaring inflation

ANKARA: Turkey’s central bank shocked markets on Thursday by cutting its policy rate by 100 basis points to 13%,...

Published 18 Aug, 2022 05:43pm

Markets

Copper rises on hopes for improved Chinese demand

LONDON: Copper prices rose on Thursday for the first time in a week as hopes for solid demand in China offset fears...

Published 18 Aug, 2022 05:37pm

World

Sri Lanka to ask Japan to open talks on debt restructuring with key lenders

COLOMBO: Sri Lanka will ask Japan to invite the Indian Ocean island’s main creditor nations, including China and...

Published 18 Aug, 2022 05:29pm

Pakistan

Prohibited funding case: IHC accepts PTI’s petition, sends pre-admission notice to ECP

Court adjourns hearing on case till August 24

Updated 18 Aug, 2022 08:07pm

Markets

Palm closes at near 2-week low as rival oils fall

KUALA LUMPUR: Malaysian palm oil futures fell more than 3% on Thursday to close at a near two-week low as rival...

Published 18 Aug, 2022 04:27pm

Markets

Indian shares edge up at close in choppy trade

BENGALURU: Indian shares closed marginally higher on Thursday in a volatile session with gains held in check by...

Published 18 Aug, 2022 04:24pm

Pakistan

Miftah announces to remove import restrictions, but with a caveat

Says removal of ban is a requirement of the international community
Stresses that imposing regulatory duty will ensure imports do not rise at a fast pace

Updated 18 Aug, 2022 08:02pm

Business & Finance

Pak Suzuki extends automobile plant shutdown citing inventory levels

Motorcycle plant will remain operative, says company
Shutdown of automobile plant extended till August 26

Updated 18 Aug, 2022 05:43pm

Markets

European shares eke out gains on energy boost; July inflation at record high

European shares inched higher on Thursday on a boost from oil stocks, with gains capped by growth fears as inflation...

Published 18 Aug, 2022 03:07pm

World

Israel troops kill Palestinian in West Bank clash

NABLUS: A Palestinian shot by Israeli troops during clashes near a flashpoint holy site in the occupied West Bank...

Published 18 Aug, 2022 03:04pm

World

Poll points to victory for UK PM hopeful Truss

LONDON: UK Conservative leadership hopeful Liz Truss has a 32-point lead over her rival in the race to become prime...

Published 18 Aug, 2022 02:55pm

Pakistan

Shahbaz Gill's physical remand: IHC seeks inquiry report from police

The court adjourns hearing till August 22

Updated 18 Aug, 2022 09:06pm

Pakistan

Prolonged monsoon spell: torrential rains bring destruction in Pakistan

US announces $100,000 immediate relief for flood victims

Updated 18 Aug, 2022 02:36pm

Business & Finance

Crisis-hit Sri Lanka warns of record 8% economic contraction

COLOMBO: Sri Lanka’s economic meltdown will result in a record contraction of at least eight percent this year but...

Published 18 Aug, 2022 01:58pm

Markets

NY coffee biased to retest support at $2.1645

SINGAPORE: New York coffee is biased to retest a support at $2.1645 per lb, a break below which could open the way...

Published 18 Aug, 2022 01:26pm

Business & Finance

Emirates to suspend Nigeria flights from September over trapped funds

LAGOS: Dubai’s Emirates will suspend flights to Nigeria from next month over an inability to repatriate funds from...

Published 18 Aug, 2022 01:24pm

Sports

Opening batsmen Gill, Dhawan star as India crush Zimbabwe in ODI

HARARE: Opening batters Shubman Gill and Shikhar Dhawan starred as India cruised to a 10-wicket victory over...

Updated 18 Aug, 2022 06:50pm

World

Russian strikes kill 4, injure 20 in Ukraine’s Kharkiv region

KYIV: Four people were killed and more than a dozen others injured Thursday by early-morning Russian bombardments on...

Published 18 Aug, 2022 01:01pm

World

Huge Portugal fire ‘under control’ for now

LISBON: Officials said a massive forest fire in Portugal was “under control” after raging for days, but more than...

Published 18 Aug, 2022 12:58pm

Life & Style

Hanae Mori: grande dame of Japanese fashion

TOKYO: Japanese designer Hanae Mori, who cracked the Parisian haute couture world and was dubbed "Madame Butterfly"...

Published 18 Aug, 2022 12:53pm

Markets

China’s yuan hovers near 3-month low on Fed tightening, geopolitical tensions

SHANGHAI: China’s yuan hovered near a three-month low against a firmer dollar on Thursday after minutes from the...

Published 18 Aug, 2022 12:41pm

Markets

Indian shares drift lower as global mood dour after Fed minutes

BENGALURU: Indian shares fell slightly on Thursday, dragged by pharma and IT stocks, after the minutes of Federal...

Published 18 Aug, 2022 12:39pm

Markets

UK budget think tank warns future PM against big tax cuts

LONDON: Britain’s next prime minister will not have room to make large, permanent tax cuts, the Institute for Fiscal...

Published 18 Aug, 2022 12:32pm

Markets

Philippines central bank hikes rates by 50 bps, as expected

MANILA: The Philippine central bank raised its benchmark interest rates by half a percentage point on Thursday, as...

Published 18 Aug, 2022 12:28pm

Business & Finance

In UK, workers strike as inflation crushes earnings

LONDON: Railway and postal staff, dockers too. Britain’s workers are striking in vast numbers as decades-high...

Published 18 Aug, 2022 12:25pm

World

Russia says ‘no heavy weapons’ deployed at Ukraine nuclear plant

MOSCOW: Russia’s defence ministry said Thursday that its forces did not have heavy weapons deployed at Ukraine’s...

Published 18 Aug, 2022 12:19pm

Sports

India’s ‘King’ Kohli opens up about mental health struggle

NEW DELHI: Indian cricket superstar Virat Kohli, who took his team to unprecedented heights, says he has struggled...

Published 18 Aug, 2022 12:16pm

Markets

Rupee settles with marginal drop against US dollar

Closes at 214.95 in inter-bank market on Thursday

Updated 18 Aug, 2022 09:04pm

World

US, Taiwan to launch formal trade talks in autumn

WASHINGTON: The United States and Taiwan announced on Wednesday objectives for trade negotiations set for the early...

Published 18 Aug, 2022 11:39am

Markets

Australia dollar left flat by mixed jobs data, NZ$ gets no rate lift

SYDNEY: The Australian dollar went flat on Thursday as local jobs figures proved confusingly mixed rather than...

Published 18 Aug, 2022 11:15am

Markets

Dollar firm as Fed digs in for protracted inflation fight

SINGAPORE: The dollar was on the front foot on Thursday after minutes from the Federal Reserve’s July meeting...

Published 18 Aug, 2022 11:14am

Markets

China, Hong Kong stocks fall on dimming growth prospects

SHANGHAI: China and Hong Kong stocks fell on Thursday, hit by increasingly grim growth prospects for the world’s...

Published 18 Aug, 2022 11:13am

Markets

Australian shares end lower after Fed minutes, local jobs data

Australian shares closed lower on Thursday, tracking weakness in global equities, as minutes from the US Federal...

Updated 18 Aug, 2022 12:29pm

Markets

CBOT soybeans may drop into $13.56 to $13.70 range

SINGAPORE: The CBOT soybean November contract may drop into a range of $13.56 to $13.70 per bushel, as the support...

Published 18 Aug, 2022 11:10am

Markets

Spot gold may hover above $1,759

SINGAPORE: Spot gold has found a support $1,759 per ounce, it may hover above this level or bounce towards...

Published 18 Aug, 2022 11:09am

Markets

US oil may retest support at $85.73

SINGAPORE: US oil may retest a support at $85.73 per barrel, a break below which could trigger a drop to $83.50. The...

Published 18 Aug, 2022 11:06am

Markets

Palm oil to fall to 3,857 ringgit

SINGAPORE: Palm oil is poised to break a support at 4,085 ringgit and fall towards the next support at 3,857 ringgit...

Published 18 Aug, 2022 11:04am

Markets

Brent oil may retest support at $91.90

Brent oil may retest a support at $91.90 per barrel, a break below which could trigger a drop to $90.24. The...

Published 18 Aug, 2022 11:03am

Markets

CBOT corn may retest resistance at $6.17-1/4

SINGAPORE: CBOT corn may retest a resistance at $6.17-1/4 per bushel, a break above which could open the way towards...

Published 18 Aug, 2022 11:02am

Markets

Oil up 3% on U.S. crude stocks data, tight supply outlook

NEW YORK: Oil prices gained about 3% on Thursday as robust U.S. fuel consumption data and an expected drop in...

Updated 18 Aug, 2022 09:15pm

World

Once hated by the left, FBI is now US conservatives’ evil demon

WASHINGTON: Agents of the US Federal Bureau of Investigation are used to criticism, but never in the agency’s...

Published 18 Aug, 2022 10:38am

BR Research

Palm oil: store prices to stay high

Pakistan palm oil imports were back near $300 million in July 2022, having nearly halved in June 2022. The decline ...

Published 18 Aug, 2022 10:37am

BR Research

POL FY22 – profits double!

Pakistan Oilfields Limited (PSX: POL) posted a massive growth in earnings for FY22 – 94 percent year-on-year to be...

Published 18 Aug, 2022 10:35am

BR Research

RMPL: price hikes ain’t enough!

The weekend following Independence Day saw a flurry of activity at the bourse. The benchmark index is up over 800...

Published 18 Aug, 2022 10:34am

Sports

Nadal loss at Cincinnati secures Medvedev’s No. 1 status

CINCINNATI: Rafael Nadal’s disaster comeback match on Wednesday at the Cincinnati Masters leaves the Spaniard...

Published 18 Aug, 2022 10:34am

World

Hundreds evacuated as ‘frightening’ floods hit New Zealand

WELLINGTON: Hundreds of families on New Zealand’s South Island were forced to leave their homes on Thursday after...

Published 18 Aug, 2022 10:32am

BR Research

MACPAC Films Limited

MACPAC Films Limited (PSX: MACFL) was established in 1993 as a limited company under the repealed Companies...

Published 18 Aug, 2022 10:31am

Sports

Pichardo wins Euro triple jump, Bol keeps double bid on track

MUNICH: World and Olympic champion Pedro Pichardo added European triple jump gold to his accolades in Munich on...

Published 18 Aug, 2022 10:22am

Markets

Tokyo stocks close lower on profit-taking

TOKYO: Tokyo stocks closed lower on Thursday as investors locked in profits following falls on Wall Street. The...

Updated 18 Aug, 2022 12:21pm

Markets

Hong Kong stocks end with big losses

HONG KONG: Hong Kong shares closed deep in negative territory Thursday, in line with a sell-off across world markets...

Updated 18 Aug, 2022 01:55pm

Sports

Brooks powers West Indies to five-wicket win over New Zealand

BRIDGETOWN: Shamarh Brooks played the sheet anchor role to perfection in guiding the West Indies to a five-wicket...

Published 18 Aug, 2022 10:07am

World

Malaysia’s Najib starts final bid to overturn 1MDB jail sentence

PUTRAJAYA: Malaysia’s top court on Thursday began hearing ex-leader Najib Razak’s appeal to overturn his jail...

Published 18 Aug, 2022 10:04am

Markets

Asian markets drop as Fed minutes cause fresh rate hike woe

HONG KONG: Markets dropped in Asia on Thursday following a sell-off in New York spurred by minutes from the Federal...

Published 18 Aug, 2022 10:01am

World

Four killed, 27 missing in northwest China floods

BEIJING: Four people were killed and 27 others are missing after flash flooding hit northwest China on Thursday,...

Published 18 Aug, 2022 09:58am

World

Death toll in Kabul mosque blast rises to 21

KABUL: A blast which ripped through a mosque packed with worshippers in the Afghan capital Kabul killed at least 21...

Updated 18 Aug, 2022 01:04pm

Pakistan

Ahsan for constructing CPEC to leverage geo-strategic environment

ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal emphasized on constructing the...

Published 18 Aug, 2022 06:15am

Pakistan

Ambassadorial appointments: summary approved by PM

ISLAMABAD: The government has made a number of transferred and ambassadorial appointments in various world capitals....

Published 18 Aug, 2022 06:15am

Pakistan

Award-winning SSRL reiterates environmental commitment

KARACHI: Sino Sindh Resources Private Limited, a subsidiary of Shanghai Electric, has reiterated its commitment...

Published 18 Aug, 2022 06:15am

Pakistan

BISE Peshawar announces matric annual exam results

PESHAWAR: The Board of Intermediate and Secondary Education (BISE) Peshawar on Wednesday announced results of matric...

Published 18 Aug, 2022 06:15am

Business & Finance

Businessmen express concern over hike in petrol price

LAHORE: The businessmen are in shock and expressed their serious concern over the hike in petroleum products in...

Published 18 Aug, 2022 06:15am

Pakistan

ChildLife arranges camps for flood-hit children in Balochistan

KARACHI: ChildLife Foundation has organized medical camps to provide quality treatment to the flood-affected ...

Published 18 Aug, 2022 06:15am

Pakistan

CM announces expansion of Rescue 1122

LAHORE: Announcing to expand the scope of Punjab Emergency Service (Rescue 1122) to all tehsils of the province,...

Published 18 Aug, 2022 06:15am

World

India to register up to 2.5m voters in IIOJ&K

OCCUPIED SRINAGAR: India is expected to register as many as 2.5 million new voters in Illegally Indian Occupied ...