News Archives for Latest - 2023-06-28

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Archive - 2023-06-28

World

'Pariah' Putin 'clearly losing' Ukraine war: Biden

WASHINGTON: US President Joe Biden said Wednesday that "pariah" Vladimir Putin is "losing" the war in Ukraine, but ...

Published 28 Jun, 2023 11:14pm

Europe

Wagner troops in Belarus could be 'threat' to region: Poland

KYIV: The presence of Wagner troops in Belarus could pose a potential threat to the countries of the region, Polish...

Published 28 Jun, 2023 11:09pm

World

Titanic sub debris hauled ashore in Canada

OTTAWA: Mangled debris recovered from the small submersible that was destroyed when it imploded during a recent dive...

Published 28 Jun, 2023 11:06pm

Pakistan

'Adopt life of piety and cleanliness': PM Shehbaz extends Eid-ul-Azha greetings

Muslims in Middle Eastern countries, Europe, US, and Canada are celebrating Eid-ul-Azha today

Updated 28 Jun, 2023 08:38pm

Business & Finance

Bonded Bulk Storage Policy will end fuel hoarding, reduce pressure on rupee: Musadik Malik

Minister says second Russian oil shipment has reached Pakistan

Updated 28 Jun, 2023 08:16pm

Sports

Climate activists disrupt second Ashes Test

Just before Stuart Broad bowled the second over, two protesters from Just Stop Oil ran out of the Grandstand and...

Published 28 Jun, 2023 07:59pm

Pakistan

Four terrorists killed in Bajaur, Khyber IBOs: ISPR

Sanitization of the areas is being carried out to eliminate any terrorists found in the area, the military's media wing says

Updated 28 Jun, 2023 06:47pm

Arts

The $108mn dollar lady: Klimt portrait sets European auction record

LONDON: A portrait of an unnamed woman by Austrian artist Gustav Klimt sold for 85.3 million pounds ($108.4 million)...

Updated 28 Jun, 2023 03:35pm

Sports

England bowl as Australia recall Starc for 2nd Ashes Test

LONDON: England captain Ben Stokes won the toss and elected to bowl in the second Ashes Test at Lord’s on Wednesday...

Published 28 Jun, 2023 03:26pm

Pakistan

Fewer buyers for Eid camels amid record inflation in Pakistan

ISLAMABAD: Teenager Amanullah Khan teeters on his tiptoes, daubing towering camels with festive henna patterns to...

Published 28 Jun, 2023 03:24pm

Sports

ECB calls for 500,000 pounds fine for Yorkshire over Rafiq case

Yorkshire should be fined 500,000 pounds ($636,600) and have points deducted over their handling of racism...

Published 28 Jun, 2023 03:11pm

Financial

Ghana agrees restructuring deal with banks on some domestic debt

ACCRA: Ghana has reached an agreement with banks to restructure 15 billion Ghana cedi ($1.36 billion) of locally...

Published 28 Jun, 2023 03:07pm

Movies & Music

A Minute With: John Krasinski and ‘Jack Ryan’ cast on saying goodbye to show

LONDON: Actor John Krasinski returns for one last mission in the final season of ‘Tom Clancy’s Jack Ryan’, in which...

Published 28 Jun, 2023 03:03pm

Europe

Russia’s Putin holds phone call with Bahrain’s King

Russian President Vladimir Putin held a phone call with the King of Bahrain, Hamad bin Isa al-Khalifa, on Wednesday,...

Published 28 Jun, 2023 02:55pm

Energy

Oil rises as US inventory drop offsets rate hike fears

LONDON: Oil rallied on Wednesday after an industry report of a larger-than-expected drop in US crude inventories...

Updated 28 Jun, 2023 02:43pm

Sports

Former No.4 Nishikori to end long ATP Tour layoff in Atlanta

WASHINGTON: Japan’s Kei Nishikori, a former world number four and the 2014 US Open runner-up, will return to ATP...

Published 28 Jun, 2023 02:35pm

Financial

UBS to cut 35,000 jobs after Credit Suisse rescue: report

GENEVA: Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse – more than half its workforce – as part...

Published 28 Jun, 2023 02:32pm

Sports

England captain Bright expects to be fit for World Cup

BURTON UPON TRENT: England captain Millie Bright expects to be fit for the start of the Lionesses’ World Cup...

Published 28 Jun, 2023 02:28pm

Sports

Timeless Venus Williams eyes one more Wimbledon magic spell

LONDON: The summer of 1997 saw Britain hand over Hong Kong to China, “Men in Black” top the movie charts and Harry...

Published 28 Jun, 2023 02:26pm

Sports

Zimbabwe, Sri Lanka target World Cup with West Indies in danger

HARARE: Hosts Zimbabwe and former champions Sri Lanka are in prime position to clinch the final two qualifying spots...

Published 28 Jun, 2023 02:23pm

Middle East

Crowds stone the devil as biggest Hajj since pandemic draws to a close

MINA: Massive crowds of robed Muslims gathered for the “stoning of the devil” ritual in Saudi Arabia on Wednesday as...

Published 28 Jun, 2023 02:07pm

Europe

Russian missile strike on restaurant kills nine in Ukraine

KRAMATORSK: The death toll from a Russian missile strike on a restaurant in eastern Ukraine rose to nine on...

Updated 28 Jun, 2023 01:22pm

Stocks

Hong Kong shares end slightly higher

HONG KONG: Hong Kong stocks rose for a second day Wednesday as investors tracked a rally on Wall Street fuelled by...

Published 28 Jun, 2023 01:17pm

Stocks

European shares rise as US data soothes economic slowdown fears

European shares climbed on Wednesday after robust US data soothed concerns about a steep economic slowdown, while...

Published 28 Jun, 2023 01:14pm

Forex

Russian rouble weakens as exporters pay month-end taxes

The Russian rouble weakened on Wednesday, set to lose the support of today’s month-end tax payments and with...

Published 28 Jun, 2023 01:11pm

Stocks

London stocks advance at open; Sage jumps

British equities rose at the open on Wednesday tracking overnight gains on Wall Street, with software company Sage...

Published 28 Jun, 2023 01:09pm

PL: Hike may not be levied in one go

Ministry of Finance officials say concern at this time was creating sufficient fiscal space that would satisfy the IMF

Updated 28 Jun, 2023 01:06pm

South Asia

Indian firm used toxic industrial-grade ingredient in syrup

NEW DELHI: The Indian manufacturer of cough syrups that Uzbekistan said last year had poisoned 19 children used a...

Published 28 Jun, 2023 01:04pm

Europe

AstraZeneca to spend $400mn to plant 200mn trees, cut carbon footprint

LONDON: British drugmaker AstraZeneca on Wednesday announced it would invest $400 million to plant over 200 million...

Published 28 Jun, 2023 12:32pm

USA

Over $200 billion potentially stolen from US COVID relief programs, watchdog says

WASHINGTON: Over $200 billion from the US government’s COVID-19 relief programs were potentially stolen, a federal...

Published 28 Jun, 2023 12:27pm

Financial

Goldman CEO says India has high growth trajectory

Goldman Sachs Chief Executive Officer David Solomon said India now had a very high growth trajectory, with a...

Published 28 Jun, 2023 11:50am

Bullion Rate

Gold steadies near three-month lows; focus shifts to Powell

Gold held near three-month lows on Wednesday after strong US economic readings offset bullion’s traditional...

Published 28 Jun, 2023 11:32am

Sports

Lehmann most influential women’s player on Instagram ahead of World Cup

MANCHESTER: Switzerland’s Alisha Lehmann, arguably as well known for her social media presence as her prowess on the...

Published 28 Jun, 2023 11:19am

South Asia

India’s aerospace suppliers see upside in parts-making from record jet orders

PARIS/DELHI: Indian aerospace suppliers see record jet orders by the country’s top two carriers boosting domestic...

Published 28 Jun, 2023 11:10am

Europe

Senior Russian general knew about Prigozhin’s plans

General Sergey Surovikin, the deputy commander of Russia’s military operations in Ukraine, had advance knowledge...

Published 28 Jun, 2023 11:05am

Europe

Ukraine defence minister says main troop reserves yet to be used

The liberation of a group of villages under Russian occupation in recent weeks were “not the main event” in Kyiv’s...

Published 28 Jun, 2023 11:01am

Stocks

China stocks fall on weak industrial profit, US weighing new chip export curbs

SHANGHAI: China and Hong Kong stocks fell on Wednesday, after profit at Chinese industrial firms declined in May,...

Published 28 Jun, 2023 10:54am

Commodities

Copper prices slip as China’s industrial profits slump

BEIJING: Copper prices drifted lower on Wednesday as a double-digit decline in China’s industrial profit in the...

Published 28 Jun, 2023 10:49am

Mutual Funds

Indian benchmark yields stuck near key level, await fresh cues

MUMBAI: Indian government bond yields were largely unchanged in the early session on Wednesday, with the benchmark...

Published 28 Jun, 2023 10:47am

Energy

Brent crude slides to discount against Dubai, first time since Nov 2020

SINGAPORE: Brent crude futures slipped to a discount to Dubai quotes on Wednesday for the first time since November...

Published 28 Jun, 2023 10:44am

Stocks

India’s Nifty 50 hits record high in pre-open trade

BENGALURU: India’s benchmark Nifty 50 rose to a new record high in pre-open trade on Wednesday, extending a...

Published 28 Jun, 2023 10:32am

Stocks

Soaring Japan tech puts Nikkei on track to snap 4-day losing streak

TOKYO: Japan’s Nikkei share average rebounded strongly on Wednesday, putting it on course to snap a four-day losing...

Published 28 Jun, 2023 10:31am

Forex

Australian dollar hits 3-week low, yields fall after sharp slowdown in inflation

SYDNEY: The Australian dollar slid to a three-week trough and yields eased on Wednesday after a sharp slowdown in a...

Published 28 Jun, 2023 10:28am

Forex

Dollar flat; Aussie slides as inflation slows

SINGAPORE: The US dollar was barely changed on Wednesday, with resilient economic data easing investor worries over...

Published 28 Jun, 2023 10:25am

Commodities

Palm jumps more than 2% on Felda’s debt restructuring

SINGAPORE: Malaysian palm oil futures recovered on Wednesday, paring losses in the previous session, as news that...

Published 28 Jun, 2023 10:20am

Forex

Thai baht at 7-month low on political uncertainty, equities mixed

The Thai baht weakened to a seven-month low on Wednesday as political uncertainty dampened investor appetite, while...

Published 28 Jun, 2023 10:18am

Energy

Goldman says interest rates are a persistent drag on oil’s monthly spreads

The monthly price spreads for Brent crude futures are facing significant headwinds from the current higher interest...

Published 28 Jun, 2023 10:16am

Infrastructure, water: Ecnec approves projects worth over Rs280.53bn

ISLAMABAD: The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved different...

Updated 28 Jun, 2023 09:03am

Foreign supplier’s account thru customs bonded storage facilities: Import policy guidelines approved by ECC

ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) on Tuesday approved policy guidelines for the...

Updated 28 Jun, 2023 09:03am

FBR collects record Rs7trn till 26th: Dar

ISLAMABAD: Finance Minister Ishaq Dar Tuesday said the Federal Board of Revenue (FBR), for the first time in...

Updated 28 Jun, 2023 09:02am

Oil import on foreign supplier’s account: OCAC requests govt to convene meeting of stakeholders

ISLAMABAD: While raising questions on approval of policy guidelines regarding import of oil on foreign supplier’s...

Updated 28 Jun, 2023 09:01am

Millions of faithful perform Hajj

MOUNT ARAFAT: Hundreds of thousands of pilgrims prayed at Mount Arafat in searing heat on Tuesday at the height of...

Updated 28 Jun, 2023 09:01am

IMF says govt has taken ‘decisive’ steps

ISLAMABAD: The International Monetary Fund (IMF) continues discussions with Pakistani authorities with the aim of...

Updated 28 Jun, 2023 09:01am

‘Customs budget notifications’ issued by FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented customs budgetary measures including raise in...

Updated 28 Jun, 2023 09:00am

‘Tax on Deemed Income basis’ on immovable properties: Exemption only for persons appearing on Active Taxpayers’ List

ISLAMABAD: The exemption from payment of “Tax on Deemed Income basis” on immovable properties would only be...

Updated 28 Jun, 2023 09:00am

Sindh govt to determine its own power tariffs: minister

Updated 28 Jun, 2023 08:59am

Dar says 9th IMF review ‘will be done’

The programme expires on June 30

Updated 28 Jun, 2023 08:58am

BR’s refresher: your morning briefing for the day

Important updates from June 27, 2023

Published 28 Jun, 2023 08:54am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (June 27, 2023). ======================== ...

Published 28 Jun, 2023 07:38am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (June 27, 2023). ======================== ...

Published 28 Jun, 2023 07:38am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Tuesday (June 27, 2023). ======================== Offer Price 1,338.9184 Bid...

Published 28 Jun, 2023 07:38am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (June 27, 2023). ======================== Offer Price 1,815.8624...

Published 28 Jun, 2023 07:38am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Tuesday (June 27, 2023). ======================== Offer Price...

Published 28 Jun, 2023 07:38am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (June 27, 2023). ======================== Offer Price...

Published 28 Jun, 2023 07:38am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Tuesday (June 27, 2023). ======================== Offer Price...

Published 28 Jun, 2023 07:38am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Tuesday (June 27, 2023). ======================== Offer Price ...

Published 28 Jun, 2023 07:38am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (June 27, 2023). ======================== OFFER PRICE ...

Published 28 Jun, 2023 07:35am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (June 27, 2023). ======================== OFFER PRICE ...

Published 28 Jun, 2023 07:35am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (June 27, 2023). ======================== OFFER PRICE ...

Published 28 Jun, 2023 07:35am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (June 27, 2023). ======================== OFFER PRICE ...

Published 28 Jun, 2023 07:35am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (June 27, 2023). ======================== OFFER PRICE...

Published 28 Jun, 2023 07:35am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (June 27, 2023). ======================== OFFER PRICE 1,527.3334 ...

Published 28 Jun, 2023 07:35am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Tuesday (June 27, 2023). ======================== OFFER PRICE 1,101.8170...

Published 28 Jun, 2023 07:35am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (June 27, 2023). ======================== OFFER PRICE ...

Published 28 Jun, 2023 07:35am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (June 27, 2023). ======================== OFFER PRICE...

Published 28 Jun, 2023 07:35am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (June 27, 2023). ======================== OFFER PRICE...

Published 28 Jun, 2023 07:35am

Editorials

US-China relations

EDITORIAL: It’s strange that US President Joe Biden chose to call his Chinese counterpart a “dictator” at a...