News Archives for Latest - 2023-11-01

USA

Fed leaves rates unchanged, acknowledges economy is ‘strong’

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase...

Published 01 Nov, 2023 11:18pm

World

76 wounded, 335 with foreign passports enter Egypt from Gaza: official

ISMAILIA: Seventy-six wounded Palestinians and 335 foreigners or dual-nationals were allowed to cross from the...

Published 01 Nov, 2023 11:11pm

Cricket

De Kock, Van der Dussen centuries help South Africa thrash New Zealand

PUNE: Quinton de Kock hit his fourth century of the World Cup while Rassie van der Dussen cracked his second as...

Updated 01 Nov, 2023 11:04pm

Forex

Open-market: rupee extends downtrend against US dollar

The Pakistani rupee weakened further against the US dollar in the open market on Wednesday, while the local currency...

Updated 01 Nov, 2023 10:59pm

Energy

New gas tariff to be effective from November 1: clarifies PD

The Petroleum Division (PD) on Wednesday rejected media reports that suggested the higher gas tariff was with effect...

Updated 01 Nov, 2023 10:58pm

Pakistan

104,000 undocumented Afghans returned to Afghanistan through Torkham border: Pakistan official

PESHAWAR: More than 100,000 undocumented Afghan nationals have returned voluntary to Afghanistan through the...

Updated 01 Nov, 2023 10:58pm

Business & Economy

Pakistan’s headline inflation reading clocks in at 26.9% in October

Inflation reading significantly lower than September, when it stood at 31.4%

Updated 01 Nov, 2023 10:57pm

Cricket

'I know suddenly I'll be a bad captain', says India's Rohit

MUMBAI: India's Rohit Sharma on Wednesday lauded the players for making him look good as a leader in the team's...

Published 01 Nov, 2023 10:49pm

Stocks

KSE-100 gains another 422 points as bull-run continues

The Pakistan Stock Exchange (PSX) enjoyed another upbeat session on Wednesday as the KSE-100 Index rose by 422...

Updated 01 Nov, 2023 10:48pm

Markets

National Saving Schemes: CDNS revises rates on its products

Changes take effect from October 30 onward

Updated 01 Nov, 2023 10:45pm

Forex

Inter-bank: rupee registers eighth consecutive decline against US dollar

Currency depreciates 0.42% on Wednesday

Updated 01 Nov, 2023 10:40pm

Europe

UN committee says 'no winners' in war where thousands of children killed

GENEVA: The UN child rights committee said Wednesday there were "no winners in a war where thousands of children are...

Published 01 Nov, 2023 10:33pm

Middle East

Saudi Arabia condemns Israeli strike on Gaza camp ‘in strongest terms’

Statement is latest sign the Israeli aggression has fractured efforts to normalise relations between Saudi Arabia and Israel

Updated 01 Nov, 2023 10:30pm

Middle East

First evacuees leave Gaza as Israeli aggression intensifies

Evacuation follows another day of bloodshed in Gaza in which an Israeli air strike on Tuesday killed about 50 people in a refugee camp

Updated 01 Nov, 2023 10:29pm

Stocks

Nigerian stocks rally, cross psychological level of 70,000 for first time

ABUJA: Nigeria’s share index crossed a psychological threshold of 70,000 points for the first time on Wednesday...

Published 01 Nov, 2023 09:04pm

Pakistan

Senate passes resolution calling for immediate ceasefire of Israeli aggression in Gaza

Calls for allowing unfettered access for humanitarian organisations to provide essential relief supplies, medications, food, and water to the distressed population of Gaza

Updated 01 Nov, 2023 09:02pm

Pakistan

Security forces kill 6 terrorists in Zhob IBO: ISPR

Forces also recovered weapons and ammunition from killed terrorists, the military's media wing says

Updated 01 Nov, 2023 09:01pm

Energy

Oil up 2% as war rages in Middle East and investors await Fed statement

NEW YORK: Oil prices climbed about 2% on Wednesday on worries the conflict in the Middle East could disrupt oil...

Updated 01 Nov, 2023 09:00pm

Pakistan

PDMA declares smog a ‘calamity’ in Punjab

The Provincial Disaster Management Authority of Punjab (PDMA) on Wednesday declared smog as a “calamity” in the...

Published 01 Nov, 2023 08:35pm

Stocks

Wall St rises ahead of Fed policy decision

Wall Street’s main stock indexes rose on Wednesday as investors looked forward to the Federal Reserve’s monetary...

Published 01 Nov, 2023 08:22pm

Stocks

TSX gains on upbeat earnings, Fed decision in focus

Canada’s main stock index moved higher on Wednesday, supported by a slew of strong earning reports, while investors...

Published 01 Nov, 2023 08:18pm

Stocks

Most Gulf markets gain ahead of Federal Reserve rate decision

Most stock markets in the Gulf rose on Wednesday as markets waited for a policy decision by the U.S. Federal...

Published 01 Nov, 2023 08:15pm

Middle East

Jordan tells its ambassador to leave Israel over war in Gaza

AMMAN: Jordan has told its ambassador to come back from Israel over the ongoing war in Gaza, the foreign ministry...

Published 01 Nov, 2023 07:35pm

South Asia

Bangladesh PM’s daughter takes WHO top job, denying nepotism

NEW DELHI: The World Health Organization on Wednesday selected the daughter of Bangladesh’s prime minister to be its...

Published 01 Nov, 2023 07:02pm

Movies & Music

Halloween hits Hollywood strike as actors boycott Barbie costumes

LOS ANGELES: Generic ghosts and vague vampires haunted the Hollywood picket lines this Halloween, as striking actors...

Published 01 Nov, 2023 06:52pm

Technology

LinkedIn hits 1 billion members, adds AI features for job seekers

LinkedIn, the business-focused social network owned by Microsoft, on Wednesday said it now has more than 1 billion...

Published 01 Nov, 2023 06:28pm

Stocks

Sri Lankan shares end higher as financials rise

CSE All-Share index settled 1.16% higher at 10,770.54

Published 01 Nov, 2023 06:14pm

Cricket

No swing, no problem as Shaheen Afridi goes to number one

KOLKATA: Pakistan spearhead Shaheen Shah Afridi has become cricket’s top-ranked bowler but his prime concern is...

Published 01 Nov, 2023 05:53pm

Middle East

Iran, Turkey call for meeting to avert spread of Israel-Hamas war

ANKARA: Turkey and Iran on Wednesday called for a regional conference aimed at averting the spread of the...

Published 01 Nov, 2023 05:44pm

Europe

King Charles III to attend COP28 conference in Dubai: palace

LONDON: King Charles III will deliver a speech at the opening of the COP28 climate conference in the United Arab...

Published 01 Nov, 2023 05:36pm

Money & Banking

Japan’s MUFG hikes rate on long-term deposits for first time in 12 years

TOKYO: MUFG Bank said on Wednesday it would raise interest rates on 10-year yen deposits for the first time since...

Published 01 Nov, 2023 04:47pm

Middle East

UAE’s GDP grew 3.7% in first half of 2023, supported by non-oil sector

DUBAI: The United Arab Emirates’ gross domestic product grew 3.7% in the first half of the year, the economy...

Published 01 Nov, 2023 04:42pm

Stocks

IT, metals lead drop in Indian shares ahead of Fed decision

BENGALURU: Indian shares fell on Wednesday, dragged by weakness in metals due to weak economic data from China and...

Published 01 Nov, 2023 04:37pm

Energy

SPCo, WAFI Energy execute SPA for acquisition of Shell Pakistan Limited

Completion of transaction subject to issuance of public offer by WAFI Energy, receipt of requisite approvals, and satisfaction of other closing formalities

Updated 01 Nov, 2023 04:37pm

Commodities

Copper flat despite weak China industrial data; investors wary

LONDON: Copper prices were steady on Wednesday despite weak manufacturing data from China as cautious investors...

Published 01 Nov, 2023 04:35pm

Companies

Automakers in Pakistan announce temporary shutdowns as economic woes bite

Pak Suzuki Motor Company announces another shutdown of automobile plants
Agriauto Industries says it will observe a partial shutdown

Updated 01 Nov, 2023 04:35pm

Commodities

Palm oil rises on strong crude prices, Dalian strength

SINGAPORE: Malaysian palm oil futures gained at the close on Wednesday amid stronger crude oil prices and strength...

Published 01 Nov, 2023 04:32pm

Perspectives

In order to attract butterflies, we need to build a garden

In the intricate dance of global economics, metaphors often serve as guiding lights, illuminating complex concepts...

Published 01 Nov, 2023 04:30pm

Bullion Rate

Gold price per tola decreases Rs1,200 in Pakistan

Gold rates in Pakistan decreased on Wednesday, in line with decline in the international rate. The yellow metal was...

Published 01 Nov, 2023 04:26pm

Luxury

Louis Vuitton, Gucci to open at Mukesh Ambani’s Jio World Plaza in Mumbai

Mumbai's Jio World Plaza will house more than 66 luxury brands, including Dior, Rolex and Bulgari

Updated 01 Nov, 2023 04:26pm

Life & Style

Adidas and Puma eye chances in soccer’s fashion moment

LONDON: Sportswear brands like Adidas and Puma are seeking to take advantage of a flirtation with soccer by the...

Published 01 Nov, 2023 03:32pm

Middle East

At least 4 killed in West Bank, Palestinians call general strike

RAMALLAH: At least four Palestinians were killed during Israeli raids in the occupied West Bank, Palestinian health...

Published 01 Nov, 2023 02:29pm

Sports

No contract Willey to retire from England duty after World Cup

MUMBAI: England seamer David Willey said Wednesday he will retire from international cricket following the World Cup...

Published 01 Nov, 2023 02:24pm

Sports

Fakhar Zaman has no regrets over missed hundred

KOLKATA: Pakistan opener Fakhar Zaman has no regrets about missing out on a World Cup hundred, for he knows how...

Updated 01 Nov, 2023 02:16pm

Sports

Cricket World Cup: India v Sri Lanka head-to-head record

MUMBAI: India v Sri Lanka ODI record ahead of their World Cup group game at the Wankhede Stadium in Mumbai on...

Published 01 Nov, 2023 01:56pm

Europe

UK says Gaza’s Rafah crossing likely to open for foreign nationals

LONDON: The Rafah border crossing between Egypt and Gaza is expected to open on Wednesday, Foreign Secretary James...

Published 01 Nov, 2023 01:49pm

Stocks

London stocks kick start Nov higher on upbeat earnings

UK’s FTSE 100 began November on a higher note on upbeat annual forecast from drugmaker GSK and retailer Next Plc,...

Published 01 Nov, 2023 01:43pm

Middle East

Nine Israeli soldiers killed in combat in Gaza: military

JERUSALEM: Nine Israeli soldiers were killed during combat operations in Gaza on Tuesday, the military said,...

Published 01 Nov, 2023 01:38pm

Pakistan

Taliban calls for more time for Afghans to leave Pakistan

KABUL: Afghanistan’s Taliban government on Wednesday urged Pakistan to give undocumented Afghans in the country more...

Published 01 Nov, 2023 01:37pm

Asia

Blinken to visit Seoul for North Korea talks

SEOUL: US Secretary of State Antony Blinken will visit South Korea next week for “wide-ranging” discussions on...

Published 01 Nov, 2023 01:26pm

Stocks

European stock markets climb before Fed rate call

LONDON: Europe’s main stock markets grew at the start of trading on Wednesday with all eyes on the Federal Reserve,...

Published 01 Nov, 2023 01:21pm

Europe

Russian attack hits oil refinery as drones, missile shot down, Ukraine says

KYIV: Russia launched a score of drones and a missile in an overnight attack that targeted military and critical...

Published 01 Nov, 2023 01:13pm

Stocks

Japan’s Nikkei soars after BOJ policy tweak; Toyota jumps

TOKYO: Japan’s Nikkei share average posted its biggest rise in three weeks on Wednesday, as investors scooped up...

Updated 01 Nov, 2023 01:08pm

Pakistan

Supreme Court says it wants to know name of ‘mastermind’ behind Faizabad sit-in

Rejects government's fact-finding committee, orders new one to be constituted

Published 01 Nov, 2023 12:44pm

South Asia

Bangladesh’s main opposition to boycott vote if Hasina stays put

DHAKA: Bangladesh’s main opposition party will boycott the next general election if Prime Minister Sheikh Hasina...

Published 01 Nov, 2023 12:53pm

Forex

South African rand weakens ahead of mid-term budget, Fed rate decision

JOHANNESBURG: The rand was weaker in early trade on Wednesday ahead of South Africa’s mid-term budget statement and...

Published 01 Nov, 2023 12:46pm

Asia

North China smog to last until mid-November: state media

BEIJING: Serious pollution is expected to remain over Beijing and surrounding areas until the middle of the month,...

Published 01 Nov, 2023 12:43pm

Stocks

Hong Kong stocks build on Wall St gains at open

HONG KONG: Hong Kong shares opened slightly higher Wednesday morning, in line with gains across Asian markets...

Published 01 Nov, 2023 12:34pm

World

Bolivia cuts ties with Israel over Gaza strikes, others recall envoys

LA PAZ: Bolivia on Tuesday said it was severing diplomatic ties with Israel over its “disproportionate” attacks in...

Published 01 Nov, 2023 12:28pm

Europe

Macron arrives in Central Asia amid great power rivalry

ASTANA: French President Emmanuel Macron arrived in Central Asia on Wednesday, aiming to boost France’s profile in a...

Published 01 Nov, 2023 12:23pm

Middle East

Internet, phones ‘completely’ shut off in Gaza

OCCUPIED JERUSALEM: Internet and phone networks were down across the Gaza Strip on Wednesday, the Palestinian...

Published 01 Nov, 2023 12:14pm

Energy

Saudi Arabia may hold Arab Light price to Asia steady for December

SINGAPORE: Top oil exporter Saudi Arabia may keep the price for its flagship Arab Light crude little changed to Asia...

Published 01 Nov, 2023 12:01pm

Forex

Yuan holds steady as China sets fix with strongest bias so far this year

SHANGHAI: China’s yuan held steady on Wednesday, as China’s central bank set the mid-point guidance rate with the...

Published 01 Nov, 2023 11:55am

Mutual Funds

India bond yields flat as investors await Fed guidance

MUMBAI: Indian government bond yields moved sideways in a thinly-traded market early Wednesday, as investors awaited...

Published 01 Nov, 2023 11:53am

Mutual Funds

BOJ intervenes as JGB yields hit fresh decade highs after YCC tweak

TOKYO: The Bank of Japan intervened in the government bond market on Wednesday to rein in a jump in yields to fresh...

Published 01 Nov, 2023 11:50am

Markets

Exchange companies: SBP gives NOC to Faysal Bank Limited

The State Bank of Pakistan (SBP) has issued a no-objection certificate (NOC) to Faysal Bank Limited, one of the...

Published 01 Nov, 2023 11:49am

Commodities

Copper slips on China demand concerns, firm dollar

BEIJING: Copper prices weakened slightly on Wednesday, as renewed concerns over China’s economy dented demand...

Published 01 Nov, 2023 11:48am

Commodities

Palm oil tepid on rising stockpiles, stronger crude

SINGAPORE: Malaysian palm oil futures traded flat on Wednesday, as concerns over rising stockpiles were offset by...

Published 01 Nov, 2023 11:46am

Stocks

China stocks flat on signs of lacklustre economic recovery

HONG KONG: China stocks were flat on Wednesday, as gains in shares of liquor giant Kweichow Moutai were partially...

Published 01 Nov, 2023 11:29am

Forex

New Zealand dollar nears 1 year low after soft jobs data; Aussie mostly steady

SYDNEY: The New Zealand dollar fell on Wednesday as a climb in the jobless rate cemented bets of an end to rate...

Published 01 Nov, 2023 11:26am

Forex

India rupee’s tranquil October run may not sustain

MUMBAI: The Indian rupee is likely to break out of rangebound trade, as the Reserve Bank of India’s defence of the...

Published 01 Nov, 2023 11:23am

Technology

Turkiye to toughen law on crypto assets

ANKARA: Turkiye is preparing new legislation covering crypto-assets to persuade an international crime watchdog to...

Published 01 Nov, 2023 11:17am

Bullion Rate

Gold softens on caution ahead of Fed’s policy decision

Gold started November on a softer note, with investors on the watch for the US Federal Reserve’s policy decision due...

Published 01 Nov, 2023 11:09am

Technology

Baidu launches paid version of ChatGPT-like Ernie Bot

BEIJING: Chinese search engine giant Baidu launched on Wednesday a paid version of its ChatGPT-like product Ernie...

Published 01 Nov, 2023 11:06am

Real Estate

Evergrande proposes offshore creditors get 30% equity stake in subsidiaries

China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts...

Published 01 Nov, 2023 11:00am

Business & Finance

Asia’s factories squeezed as China’s nascent recovery teeters

TOKYO: Asia’s manufacturers faced worsening pressure in October with factory activity in China slipping back into...

Published 01 Nov, 2023 10:57am

Companies

Toyota more than doubles quarterly profit, raises annual forecast

TOKYO: Toyota Motor reported a more than doubling of second-quarter profit on Wednesday, helped by a weak yen and...

Published 01 Nov, 2023 10:52am

Sports

Pegula upsets top seed Sabalenka at WTA Finals, reaches semis

Jessica Pegula upset world number one Aryna Sabalenka 6-4 6-3 to win her second group stage match at the WTA Finals...

Published 01 Nov, 2023 10:46am

Europe

Don’t expect instant success, Ukraine’s Zelenskiy warns as he rallies his troops

LVIV: Ukraine’s attacks on the Russian Navy in the Black Sea have crippled Moscow’s war efforts, President Volodymyr...

Published 01 Nov, 2023 10:42am

USA

US House Republicans’ Israel-only aid bill opposed in Senate, by Biden

WASHINGTON: US senators from both parties voiced doubts on Tuesday about House Republicans’ plan to provide $14.3...

Published 01 Nov, 2023 10:38am

Commodities

Indonesia says 200,000 hectares of palm plantations to be made forests

JAKARTA: Some 200,000 hectares (494,210 acres) of oil palm plantations found in areas designated as forests in...

Published 01 Nov, 2023 10:33am

Business & Finance

South Korea exports snap year-long downturn, recovery in China demand slow

SEOUL: South Korea’s exports in October rose in annual terms for the first time in 13 months, as shipments to the...

Published 01 Nov, 2023 10:30am

Asia

Indonesia president breaks ground on airport in new capital

JAKARTA: Indonesia’s President Joko Widodo on Wednesday broke ground on the construction of an airport in the...

Published 01 Nov, 2023 10:28am

Technology

Southeast Asia’s internet economy growth to slow in 2023

SINGAPORE: Southeast Asia’s internet economy is expected to grow 11% year-on-year in 2023, slowing from last year’s...

Published 01 Nov, 2023 10:23am

Commodities

Wheat hovers around 3-week low on plentiful supply

CANBERRA: Chicago wheat prices fell on Wednesday to match Tuesday’s three-week low on strong supplies from Russia,...

Published 01 Nov, 2023 10:19am

Stocks

Asian stocks stutter ahead of Fed, frail yen in focus

SINGAPORE: Asian stocks inched lower on Wednesday ahead of a keenly-awaited policy decision from the Federal Reserve...

Published 01 Nov, 2023 10:16am

Asia

North Korea closes multiple embassies around the world

SEOUL: North Korea is poised to close as many as a dozen embassies including in Spain, Hong Kong, and multiple...

Published 01 Nov, 2023 10:13am

Middle East

Israel strikes crowded Gaza camp; says Hamas commander killed

GAZA/OCCUPIED JERUSALEM: Israeli airstrikes hit a densely populated refugee camp in the Gaza Strip, killing at least...

Published 01 Nov, 2023 10:08am

Higher markup payments will continue to pose big challenges: MoF

ISLAMABAD: The higher markup payments, on the expenditure side, will continue to pose significant challenges for...

Updated 01 Nov, 2023 09:59am

Govt appears confident ahead of SBA talks

Pakistan and IMF will begin crucial discussions on first review of US$3 billion Stand-by-Arrangement from Thursday

Updated 01 Nov, 2023 09:59am

JPCL prepares four options for ‘exit strategy’

ISLAMABAD: The Board of Directors (BoD) of Jamshoro Power Company Limited (JPCL) has prepared four options as an...

Updated 01 Nov, 2023 09:57am

Stocks

Australian shares climb on mining boost; Fed decision in focus

Australian shares advanced on Wednesday, supported by upbeat performances among mining stocks, while investors...

Published 01 Nov, 2023 09:57am

Punjab and KPK budgets: Fresh approvals constitute violation of Constitution: PPP

ISLAMABAD: Former Senate Chairman Raza Rabbani Tuesday said the fresh budget approvals accorded by the caretaker...

Updated 01 Nov, 2023 09:56am

Hike comes into effect from July: Rs65bn financial impact also added to gas tariff raise: govt

ISLAMABAD: The interim government has raised the gas prices up to 193 percent with effect from July 2023 for...

Updated 01 Nov, 2023 09:56am

Stocks

Indian shares set to open higher; Fed decision, earnings reaction in focus

BENGALURU: Indian shares are set to open marginally higher on Wednesday, tracking a rise in global stocks ahead of...

Published 01 Nov, 2023 09:53am

Forex

Yen languishes as focus turns to Fed

SINGAPORE: The yen wobbled near 15-year lows on the euro and a one-year trough on the dollar on Wednesday, having...

Published 01 Nov, 2023 09:50am

Taxes

Rs66bn more than target: Jul-Oct provisional collection stands at Rs2.748trn

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs2,748 billion during the first four...

Updated 01 Nov, 2023 09:05am

Funding PIA termed ‘challenging’ due to IMF programme

ISLAMABAD: Ministry of Privatisation has stated that arrangement of funds for Pakistan International Airlines (PIA)...

Updated 01 Nov, 2023 09:03am

Deals on import of over 1.3MMTs of wheat sealed

KARACHI: Pakistani traders have finalized deals for the import of over 1.3 million metric tons of wheat to meet the...

Updated 01 Nov, 2023 09:02am

NAB cases: SC bars ACs from giving final verdicts

ISLAMABAD: The Supreme Court barred the Accountability Courts from announcing the final verdict in corruption cases...

Updated 01 Nov, 2023 09:02am

Pakistan

Undocumented immigrants expulsion starts Thursday

ISLAMABAD: Pakistan will start rounding up and expelling undocumented immigrants, including hundreds of thousands of...

Updated 01 Nov, 2023 09:01am

PM optimistic about SBA tranche prospects

LAHORE: Caretaker Prime Minister Anwaar-ul-Haq Kakar said on Tuesday that negotiations with the International...

Updated 01 Nov, 2023 09:01am

BR’s refresher: your morning briefing for the day 107

Important updates from October 31, 2023

Published 01 Nov, 2023 08:57am

BR Research

LNG: Bulls coming back?

As winter approaches, LNG markets have started to heat up. Surely, 2022 was an exception as LNG spot markets saw...

Published 01 Nov, 2023 08:42am

BR Research

PPL – Earnings remain lifted

Pakistan Petroleum Limited (PSX: PPL) recently announced its financial performance for 1QFY24, and the growth in...

Published 01 Nov, 2023 08:39am

BR Research

Loads Limited

Loads Limited (PSX: LOADS) was incorporated in Pakistan as a private limited company in 1979 and was later converted...

Published 01 Nov, 2023 08:37am

Middle East

Jordan fears crossfire if Gaza war pulls Iran into wider conflict

AMMAN: Jordan’s request for Patriot air defence systems from Washington reflects its growing concern about being...

Updated 01 Nov, 2023 08:08am

Middle East

Israeli air strike kills 50 at Gaza refugee camp

GAZA/JERUSALEM: Israel said its forces fought Hamas gunmen inside the vast tunnel network beneath Gaza as a hospital...

Updated 01 Nov, 2023 08:05am

World

FBI director warns of heightened threats in US from Israel-Hamas war

WASHINGTON: The Israel-Hamas war has raised the threat of attacks against Americans in the United States to a...

Updated 01 Nov, 2023 08:02am

World

Iran says proxies won’t ‘remain silent’ on Israel-Hamas war

DOHA: Iran said on Tuesday it was “natural” for Tehran-backed groups to attack Israel in light of its war on...

Updated 01 Nov, 2023 08:01am

World

‘Ceasefire now!’ Protesters interrupt US congress hearing

WASHINGTON: Protesters with hands covered in red paint repeatedly interrupted a congressional hearing on US military...

Published 01 Nov, 2023 07:02am

Opinion

Rebuilding trust of the people

In democratic societies around the world, hope isn’t just a fleeting feeling of individual optimism. Instead, it...

Updated 01 Nov, 2023 06:36am

Opinion

USD to PKR forecast for 2024 — II

However, in this circle, there is one loose end, which is the availability of $ in Dubai with the importer as the...

Updated 01 Nov, 2023 06:33am

Opinion

Rising again

Confucius said, “Our greatest glory is not in never falling, but in rising every time we fall.” We find ...

Updated 01 Nov, 2023 06:32am

Editorials

Policy rate paradigm

EDITORIAL: The Monetary Policy Statement (MPS) dated 30 October left the policy rate unchanged premised on the...

Updated 01 Nov, 2023 06:29am

Pakistan

The Weather

KARACHI: The weather report on Tuesday (October 31, 2023) and the forecast for Wednesday (November 01, 2023)...