News Archives for Latest - 2023-11-09

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Archive - 2023-11-09

World

Evacuations from Gaza Strip resume through Egypt's Rafah crossing

CAIRO: Evacuations from the Gaza Strip into Egypt for foreign passport holders and Palestinians needing medical...

Published 09 Nov, 2023 11:57pm

Europe

Germany pledges to make its military 'the backbone of defence in Europe'

BERLIN: Germany will strengthen its military to make it the backbone of deterrence and collective defence in Europe,...

Published 09 Nov, 2023 11:49pm

Middle East

Saudi Arabia to sign deals worth over $500mn with African nations: minister

RIYADH: The Saudi Fund for Development will sign agreements worth 2 billion riyals ($533 million) with African...

Published 09 Nov, 2023 11:22pm

World

Gaza population lacks food, faces malnutrition, UN food programme official says

BRUSSELS: All of Gaza's 2.3 million inhabitants lack sufficient food and face malnutrition a month into Israel's...

Published 09 Nov, 2023 11:13pm

Pakistan

Pakistan to accelerate deportation of illegal immigrants: interim minister

Pakistan’s interim government will accelerate the process of deportation of illegal immigrants amid surge in...

Updated 09 Nov, 2023 10:56pm

Middle East

Iran rejects G7 calls to stop supporting Hamas

TEHRAN: Iran on Thursday rejected a G7 statement which called on Tehran to stop supporting Hamas and taking actions...

Updated 09 Nov, 2023 10:53pm

Stocks

Indian shares drop as IT, financials rally peters out

BENGALURU: Indian shares fell on Thursday as the rally in financial and IT stocks since the U.S. Federal Reserve’s...

Updated 09 Nov, 2023 10:53pm

Companies

First half of 2023: Emirates Group posts record $2.7bn profit

Says its keeping close watch on headwinds such as rising fuel prices, strengthening US dollar, inflationary costs and geo-politics

Updated 09 Nov, 2023 10:51pm

Pakistan

President urges nation to follow Iqbal’s teachings

Caretaker Prime Minister Anwaarul Haq Kakar says Allama Iqbal awakened the consciousness of the Muslims of the subcontinent about their basic rights which created a spirit of unity among the Muslims

Updated 09 Nov, 2023 10:50pm

South Asia

Bangladesh police fire tear gas at protesting garment workers

GAZIPUR: Bangladesh police fired rubber bullets and tear gas Thursday, officials and witnesses said, as violence...

Updated 09 Nov, 2023 10:48pm

Bullion Rate

Gold price per tola falls Rs2,400 in Pakistan

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

Updated 09 Nov, 2023 10:45pm

Pakistan

Caretaker PM urges Economic Cooperation Organisation members to push for ceasefire in Gaza

Says issue needs to be addressed in accordance with the relevant UNSC and OIC resolutions

Updated 09 Nov, 2023 10:42pm

Middle East

Israel to begin four-hour pauses in northern Gaza: White House

Pauses will allow people to get out of harm’s way and for deliveries of humanitarian aid and could be used as a way to get hostages out, says White House national security spokesperson John Kirby

Published 09 Nov, 2023 10:36pm

Cricket

New Zealand on brink of World Cup semi-finals

BENGALURU: Trent Boult led an inspired bowling display to help New Zealand down Sri Lanka by five wickets on...

Updated 09 Nov, 2023 08:38pm

Cricket

‘I expected more’, says Afghanistan captain as World Cup dream slips away

AHMEDABAD: Afghanistan skipper Hashmatullah Shahidi said Thursday that he had “wanted and expected more” at the...

Published 09 Nov, 2023 08:34pm

Stocks

Wall St eyes higher open as markets await more policy cues

Wall Street was set for a higher open on Thursday as expectations that the Federal Reserve was at the end of its...

Published 09 Nov, 2023 08:12pm

Stocks

Most Gulf markets in red as investors assess Fed rate comments

Most stock markets in the Gulf ended lower on Thursday as investors awaited U.S. Federal Reserve Chair Jerome...

Published 09 Nov, 2023 08:09pm

Energy

Brent oil hovers above $80 after this week's downward spiral

LONDON: The Brent crude oil benchmark hovered above $80 a barrel on Thursday, with demand concerns and a waning...

Updated 09 Nov, 2023 08:07pm

Europe

EU lawmakers urge ban on Russian LNG

BRUSSELS: EU lawmakers on Thursday urged the bloc to ban imports of Russian liquefied natural gas and to shut...

Published 09 Nov, 2023 07:26pm

South Asia

Sri Lanka’s parliament asks ‘corrupt’ cricket board to resign

COLOMBO: Sri Lanka’s parliament unanimously asked the country’s cricket board to resign on Thursday after accusing...

Published 09 Nov, 2023 07:23pm

South Asia

Bangladesh Nobel laureate Muhammad Yunus rejects labour law charges

DHAKA: Nobel peace laureate Muhammad Yunus appeared in court in Bangladesh Thursday to deny all charges in a labour...

Published 09 Nov, 2023 06:44pm

Commodities

Asia rice: Firm demand props up Thai rates, India prices steady

Prices of rice exported from Thailand rose this week on improved demand, while India rates remained steady amid...

Published 09 Nov, 2023 06:43pm

Middle East

Nine Palestinians killed by Israeli forces in Jenin

RAMALLAH: Nine Palestinians were killed and at least 15 others were injured by Israeli forces in a raid on Jenin...

Published 09 Nov, 2023 06:34pm

Middle East

Displaced pack Gaza hospitals, others flee as Israeli aggression continues

Palestinian officials say 10,569 Gaza residents had been killed as of Wednesday, about 40% of them children

Updated 09 Nov, 2023 06:34pm

Middle East

Mossad, CIA chiefs meet with Qatar PM in Doha over hostage deal

DOHA: A trilateral meeting was held in Doha on Thursday between CIA and Mossad chiefs and the Qatari prime minister...

Published 09 Nov, 2023 06:29pm

Cricket

Australia coach says big-hitter Maxwell has key World Cup bowling role

PUNE: Glenn Maxwell’s extraordinary batting exploits may have made headlines but coach Andrew McDonald believes the...

Published 09 Nov, 2023 06:22pm

Cricket

Miller says Afghanistan ‘World Cup joy’ with one eye on Maxwell and Australia

AHMEDABAD: South Africa’s David Miller hailed Afghanistan as “one of the joys of the World Cup” on Thursday but...

Published 09 Nov, 2023 05:29pm

Forex

Sterling edges up vs euro as BoE says policy needs to stay restrictive

LONDON: The pound edged up against the euro on Thursday after Bank of England (BoE) policymakers, including Chief...

Published 09 Nov, 2023 05:18pm

Stocks

Sri Lanka shares end lower dragged by financials

CSE All Share index settled down 0.4% at 10,889.48

Published 09 Nov, 2023 05:10pm

Commodities

China demand concerns, stronger dollar weigh on copper and other base metals

LONDON: Copper prices fell in London on Thursday, under pressure from persisting uncertainty over the economic...

Published 09 Nov, 2023 05:07pm

Chinese power cos: MoFA asks MoF and PD to resolve payment issue

ISLAMABAD: Ministry of Foreign Affairs (MoFA) has asked Ministry of Finance and Power Division to resolve payment...

Updated 09 Nov, 2023 04:08pm

Afghans found involved in terrorist attacks: PM

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has said Pakistan witnessed a 60 percent increase in terror...

Updated 09 Nov, 2023 04:07pm

SIFC WG discusses impediments to SEZs

ISLAMABAD: The Federal Minister for Privatisation, Fawad Hasan Fawad, chaired the first meeting of the SIFC Working...

Updated 09 Nov, 2023 04:07pm

Essential commodities: Paramilitary forces empowered to exercise anti-smuggling powers

ISLAMABAD: The Federal Board of Revenue (FBR) has empowered Pakistan Rangers/Frontier Corps of Balochistan and...

Updated 09 Nov, 2023 03:59pm

Locally-produced cars: IMC CE lists factors behind high prices

ISLAMABAD: Indus Motor Company (IMC) Chief Executive Ali Asghar Jamali has said issues such as high taxation,...

Updated 09 Nov, 2023 03:59pm

New gas sale prices notified by Ogra

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) in accordance with the policy guidelines of the federal...

Updated 09 Nov, 2023 03:53pm

Insulating IPPs from úndue’ deductions: OICCI urges Nepra to amend its rules

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has urged National Electric Power Regulatory...

Updated 09 Nov, 2023 03:52pm

Sports

Best of enemies: England-Pakistan cricket flashpoints

MUMBAI: Cricket matches between England and Pakistan have often been fraught affairs, with rows over umpiring,...

Published 09 Nov, 2023 03:48pm

Forex

Russian rouble strengthens past 92 vs dollar

MOSCOW: The Russian rouble strengthened past 92 to the dollar on Thursday, supported by exporters’ mandatory foreign...

Published 09 Nov, 2023 01:48pm

Energy

Saudi Aramco to supply full oil volumes to North Asia refiners in December

SINGAPORE: Saudi Aramco has notified at least four North Asian buyers that it will supply full contractual volumes...

Published 09 Nov, 2023 01:42pm

Stocks

European shares open flat as investors await cues on policy outlook

European shares opened flat on Thursday after ECB policymakers played down market optimism around rate cuts, while...

Published 09 Nov, 2023 01:39pm

Commodities

Soybeans hover near two-month high as Chinese demand supports

SINGAPORE: Chicago soybeans firmed on Thursday, with the market trading close to last session’s two-month high, as...

Published 09 Nov, 2023 12:40pm

Sports

Australia coach Arnold calls up uncapped Yengi for 2026 qualifiers

MELBOURNE: Australia coach Graham Arnold has called up uncapped striker Kusini Yengi into his squad for the team’s...

Published 09 Nov, 2023 12:30pm

Europe

Germany to send fighter jets to Romania to support NATO

BERLIN: Germany will deploy four Eurofighter jets to Romania to support NATO’s air policing mission from the end of...

Published 09 Nov, 2023 12:21pm

Mutual Funds

JGB yields track down; better-than-expected demand at 30-yr bond auction

TOKYO: Japanese government bond (JGB) yields inched down further on Thursday, mirroring US Treasury yields, on the...

Published 09 Nov, 2023 12:17pm

Mutual Funds

India’s 10-year bond yield hits 5-week low tracking oil, US peers

MUMBAI: Indian government bond yields declined on Thursday as oil prices and US Treasury yields continued their...

Published 09 Nov, 2023 12:14pm

Commodities

Palm oil declines on subdued China data, MPOB report awaited

SINGAPORE: Malaysian palm oil futures fell on Thursday as market participants awaited key official domestic supply...

Published 09 Nov, 2023 12:12pm

Stocks

China stocks flat as consumer prices contract; Country Garden shares slump

HONG KONG: China stocks were flat on Thursday after the latest consumer prices data revived worries on recovery,...

Published 09 Nov, 2023 12:10pm

Forex

China’s onshore yuan eases after weak CPI data, holds steady offshore

SHANGHAI: The onshore yuan weakened against the dollar on Thursday after China’s consumer price data suggested soft...

Published 09 Nov, 2023 12:08pm

USA

Trump’s rivals clash at debate but do little to dent his lead in US race

MIAMI: For the third time, Donald Trump’s rivals for the Republican presidential nomination took to the debate stage...

Published 09 Nov, 2023 12:05pm

Business & Finance

BOJ’s Ueda sees firms more actively raising prices, wages

TOKYO: Bank of Japan Governor Kazuo Ueda said on Thursday companies were becoming more active than before in raising...

Published 09 Nov, 2023 11:59am

Forex

India rupee flat; forward premiums fall more on inadequate dollar liquidity

MUMBAI: The Indian rupee was little changed on Friday, unmoved by the pullback in crude oil prices and US Treasury...

Published 09 Nov, 2023 11:51am

Business & Finance

Aussie ‘big four’ banks hike home loan rates after RBA decision

Commonwealth Bank of Australia , the country’s largest lender, on Thursday joined the other three big banks in...

Published 09 Nov, 2023 11:49am

Europe

Turkiye says EU is ‘unjust and biased’ on membership bid

ANKARA: The European Commission’s annual report on Turkiye long-stalled EU membership bid is “unjust and biased”,...

Published 09 Nov, 2023 11:46am

Companies

Sony Q2 profit falls 29%, hit by chips division

TOKYO: Sony’s operating profit fell 29% in the July-September quarter, below estimates, as the company was hit by a...

Published 09 Nov, 2023 11:43am

Companies

Honda posts 31% Q2 operating profit jump, raises full-year forecast

TOKYO: Japan’s Honda Motor posted a 31% increase in operating profit for the September quarter on Thursday, lifted...

Published 09 Nov, 2023 11:42am

Technology

SoftBank books $5.2bn quarterly loss as investments and weak yen bite

TOKYO: SoftBank Group on Thursday booked 789 billion yen ($5.22 billion) loss, marking its fourth straight quarter...

Published 09 Nov, 2023 11:36am

Asia

Indonesia president: will convey to Biden that ‘Hamas-Israel war should be stopped’

JAKARTA: Indonesia’s President Joko Widodo said on Thursday he would convey to United States President Joe Biden in...

Published 09 Nov, 2023 11:34am

Stocks

Hong Kong stocks start with fresh losses

HONG KONG: Hong Kong shares opened slightly lower Thursday morning, brushing off another positive lead from Wall...

Published 09 Nov, 2023 11:29am

Europe

Gaza aid conference to open in Paris

PARIS: France’s President Emmanuel Macron will on Thursday host a conference on humanitarian aid for Gaza although...

Published 09 Nov, 2023 11:27am

Sports

Australian captain Lanning retires from international cricket

SYDNEY: Record-breaking Australian women’s captain Meg Lanning said she had “nothing left to achieve” after retiring...

Published 09 Nov, 2023 11:21am

South Asia

‘Like breathing poison’: Delhi children hardest hit by smog

NEW DELHI: Crying in a hospital bed with a nebuliser mask on his tiny face, one-month-old Ayansh Tiwari has a thick,...

Published 09 Nov, 2023 11:19am

Life & Style

Striking actors agree deal with Hollywood studios

LOS ANGELES: Hollywood actors and studios reached a tentative deal Wednesday to end a months-long strike that has...

Published 09 Nov, 2023 11:13am

Life & Style

Picasso’s ‘Woman with a Watch’ fetches $139mn at NY auction

NEW YORK: One of Pablo Picasso’s masterpieces, “Woman with a Watch,” was sold at auction Wednesday night for $139.3...

Published 09 Nov, 2023 11:09am

Asia

Putin, Erdogan and Raisi make visits in Central Asia

ASTANA: Russian President Vladimir Putin arrived in Kazakhstan on Thursday, while Turkish leader Recep Tayyip...

Published 09 Nov, 2023 11:01am

Asia

China says climate talks with US a success

BEIJING: China said Thursday that climate talks with the United States had been a success, following talks aimed at...

Published 09 Nov, 2023 10:53am

Asia

US, South Korea condemn North Korean arms transfers to Russia

SEOUL: US Secretary of State Antony Blinken on Thursday condemned North Korea for sending arms to help the Russian...

Published 09 Nov, 2023 10:46am

Stocks

Asian shares rise as S&P 500 records longest win streak in two years

SYDNEY: Asian share markets rallied on Thursday and the dollar was weaker after most U.S stocks edged higher and the...

Published 09 Nov, 2023 10:42am

Middle East

Fierce fighting in Gaza City; US says Palestinians must govern Gaza post-war

WASHINGTON/GAZA/OCCUPIED JERUSALEM: Street battles raged in Gaza City with Hamas using tunnels to ambush Israeli...

Published 09 Nov, 2023 10:37am

Goods transporters, oil tanker owners: SRB directs 57 cos to add new category to SST profiles

KARACHI: The Sindh Revenue Board (SRB) has directed 57 intercity goods transporters and oil tanker owners to add...

Updated 09 Nov, 2023 10:26am

Alleged supply of arms to Ukraine: Pakistan again rejects media reports

ISLAMABAD: Pakistan has once again rejected the media reports about the alleged supply of arms to Ukraine, saying...

Updated 09 Nov, 2023 10:21am

FCA for Sep 23: Nepra allows Discos Re0.4/unit tariff hike

ISLAMABAD; National Electric Power Regulatory Authority (Nepra) has notified positive adjustment of Paisa 40 per...

Updated 09 Nov, 2023 10:20am

Trade snags will be removed, Kenyan HC tells rice exporters

KARACHI: High Commissioner of Kenya Nyambura Kamau Wednesday assured rice exporters of removing the bottlenecks in...

Updated 09 Nov, 2023 10:19am

BR’s refresher: your morning briefing for the day

Important updates from November 8, 2023

Published 09 Nov, 2023 10:18am

Bullion Rate

Gold hovers near 3-week low as traders await Powell’s remarks

Gold prices lingered near a three-week low on Thursday as the initial safe-haven demand from the Middle East...

Published 09 Nov, 2023 10:14am

Stocks

Australia shares hits three-week high on hopes of central bank holding rates

Australian shares hit a three-week high on Thursday, buoyed by the gains in financial stocks on bets the central...

Published 09 Nov, 2023 10:05am

Stocks

Japan’s Nikkei rebounds on earnings boost, Nintendo extends rally

TOKYO: Japan’s Nikkei share average rose on Thursday rebounding after two sessions of losses, as strong earnings...

Published 09 Nov, 2023 10:00am

Stocks

Indian shares set to open higher tracking Asian peers

BENGALURU: Indian shares are set to open higher on Thursday, tracking Asian peers, following a drop in oil prices to...

Published 09 Nov, 2023 09:56am

Forex

Euro finds footing on hawkish policy remarks, lower energy prices

SINGAPORE: The euro was near a 15-year high on the yen and was firm against the dollar on Thursday, following...

Published 09 Nov, 2023 09:53am

Supplements

14th LCCI Recognition Ceremony 2023: Dr. Arif Alvi President of the IslamicRepublic of Pakistan

TEXT: I am honored to convey my heartfelt appreciationfor the Lahore Chamber of Commerce and Industry(LCCI) as they...