News Archives for Latest - 2023-11-21

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Archive - 2023-11-21

South Asia

North Korea makes third spy satellite launch attempt, Seoul says

SEOUL: North Korea has launched what it claims is a spy satellite, Seoul said Tuesday, Pyongyang’s third attempt...

Published 21 Nov, 2023 11:44pm

Europe

Ukraine says hopes for December decision on EU talks

KYIV: Ukrainian President Volodymyr Zelensky said Tuesday he hoped European Union leaders would agree to open...

Published 21 Nov, 2023 11:12pm

Stocks

Bullish momentum at bourse, KSE-100 gains 294 points

Analysts attribute bullish trend to reports that a staff-level agreement with the IMF will be inked in coming weeks

Updated 21 Nov, 2023 10:44pm

Companies

Fauji Foods eyes multiple Fauji Foundation businesses

Fauji Foods is interested in Fauji Infraavest Foods Limited and Fauji Cereals

Updated 21 Nov, 2023 10:34pm

Pakistan

IHC dismisses Imran Khan's jail trial notice in cipher case

Imran is currently in Adiala jail after he was indicted by special court Judge Abual Hasnat Zulqarnain in the case

Updated 21 Nov, 2023 10:31pm

Pakistan

Border trade halts after Pakistan imposes restrictions on Afghans

PESHAWAR: Trade was halted Tuesday at border crossings between Pakistan and Afghanistan after Islamabad imposed...

Updated 21 Nov, 2023 10:29pm

Middle East

Saudi crown prince: We demand a ‘serious’ peace process for a Palestinian state

RIYADH/BEIJING: Saudi Arabia demands the start of a serious and comprehensive peace process to establish a...

Updated 21 Nov, 2023 10:27pm

Forex

Open-market: rupee registers marginal gain against US dollar

The Pakistani rupee kept its momentum against the US dollar in the open market on Tuesday, as the local currency...

Updated 21 Nov, 2023 10:24pm

Middle East

Israel-Hamas war: Netanyahu summons war cabinet as signs grow of a hostage deal

Source familiar with negotiations says Hamas will free 50 women and children, including some foreigners, while Israel releases 150 Palestinian prisoners, mostly women and minors, during a temporary four-day ceasefire.

Published 21 Nov, 2023 10:18pm

Pakistan

Nawaz’s Avenfield, Al-Azizia cases: IHC adjourns appeals hearing till Nov 27

Two-member division bench headed by IHC Chief Justice Aamer Farooq and comprising Justice Miangul Hassan Aurangzeb took up court proceedings today

Updated 21 Nov, 2023 09:53pm

Energy

Pakistan’s power generation cost declines over 8% in October

At a time of rising electricity bills, the cost of power generation in Pakistan saw a decline of over 8% in October...

Updated 21 Nov, 2023 09:46pm

Energy

Ministry of Energy rebuffs ‘uncertainty’ around Saudi Aramco refinery project

The Ministry of Energy has denied media reports suggesting that Pakistan’s multi-billion dollar refinery project...

Updated 21 Nov, 2023 09:30pm

Stocks

Wall St slips as Nvidia results, Fed minutes loom

US stocks fell on Tuesday as investors awaited Nvidia’s quarterly results and the Federal Reserve’s policy meeting...

Published 21 Nov, 2023 09:18pm

Stocks

TSX down as energy stocks weigh; CPI cools more-than-expected

Toronto stocks fell on Tuesday as weak crude prices hurt heavyweight energy shares, while data showed the annual...

Published 21 Nov, 2023 09:14pm

Stocks

Major Gulf markets mixed; focus on Fed minutes

Major stock markets in the Gulf put in a mixed performance on Tuesday amid falling oil prices and on expectations...

Published 21 Nov, 2023 09:12pm

Companies

SECP warns against partnership with platforms involved in surrogate advertising

The Securities and Exchange Commission of Pakistan (SECP), taking notice of the increasing trend of surrogate...

Published 21 Nov, 2023 09:01pm

South Asia

Xi calls for 'international peace conference' on Israel-Hamas conflict

BEIJING: Chinese President Xi Jinping on Tuesday called for an "international peace conference" to resolve the...

Updated 21 Nov, 2023 08:03pm

Companies

India’s TCS to take $125 mln hit to Q3 earnings over US lawsuit

BENGALURU: India’s Tata Consultancy Services (TCS) on Tuesday said it will make a provision of $125 million in its...

Published 21 Nov, 2023 07:12pm

Forex

China, Cambodia sign yuan clearing arrangement agreement

BEIJING: The People’s Bank of China and the National Bank of Cambodia on Tuesday signed a memorandum of cooperation...

Published 21 Nov, 2023 07:04pm

Commodities

Copper hits 2-month high as yuan jumps against dollar

LONDON: Copper rose on Tuesday to its highest in more than two months as the yuan rose against the dollar and on...

Published 21 Nov, 2023 06:58pm

Middle East

EU faces growing Muslim animosity over Gaza war stance: Borrell

BRUSSELS: The European Union faces growing animosity across the Muslim world and beyond due to accusations of...

Published 21 Nov, 2023 06:54pm

Stocks

Sri Lankan shares end lower as financials, consumer staples drag; Oct inflation inches up

CSE All Share index settled 0.37% lower at 10,507.85

Published 21 Nov, 2023 06:25pm

Middle East

Hamas chief says close to truce agreement with Israel

GAZA/OCCUPIED JERUSALEM: The chief of Hamas told Reuters on Tuesday that the Palestinian group was near a truce...

Updated 21 Nov, 2023 06:23pm

Forex

Inter-bank: rupee extends gains against US dollar

Currency appreciates for fourth successive session, settles at 285.79 against dollar

Updated 21 Nov, 2023 06:22pm

Middle East

Gaza hostage talks ‘closest’ to deal since start of war: Qatar

DOHA: Negotiations to free hostages seized in Hamas’s October 7 attacks on Israel are at their “closest point” to a...

Published 21 Nov, 2023 06:16pm

Stocks

Rebound in financials lifts Indian shares; Fed mins eyed

BENGALURU: Indian shares rose on Tuesday, led by a rebound in financials after a two-session losing run, while a...

Published 21 Nov, 2023 05:02pm

Commodities

Palm extends gain on low production, robust China demand for soyoil

SINGAPORE: Malaysian palm oil futures rose for a second session on Tuesday, buoyed by low production and signs of an...

Published 21 Nov, 2023 04:58pm

Cricket

Pakistan appoint Gul, Ajmal as bowling coaches

Pakistan continued the overhaul of their backroom staff after failing to qualify for the knockout stages of the...

Published 21 Nov, 2023 04:54pm

Bullion Rate

Gold price per tola increases Rs500 in Pakistan

Gold rates in Pakistan advanced on Tuesday, in line with increase in the international rate. The yellow metal was...

Updated 21 Nov, 2023 04:51pm

Business & Economy

Pakistan secures two-year extension in Marine Mammal Protection Act exemption period

The US Department of Commerce and the National Marine Fisheries Service (NMFS), a US federal agency, awarded...

Published 21 Nov, 2023 04:44pm

Middle East

Gaza sanitation ‘perfect storm for tragedy’: UN

GENEVA: Fuel shortages and worsening sanitation in the Gaza Strip are shaping up to be the perfect storm for tragedy...

Published 21 Nov, 2023 04:21pm

Energy

Oil retreats on caution ahead of OPEC+ meeting

SINGAPORE: Oil futures fell on Tuesday, reversing steep gains made in the past two sessions, as investors turned...

Updated 21 Nov, 2023 03:19pm

South Asia

India’s anti-terror agency files case against Sikh separatist for Air India threat

NEW DELHI: India’s anti-terror agency has filed a case against a Sikh separatist leader for threatening not to let...

Published 21 Nov, 2023 03:14pm

Stocks

Major Gulf bourses mixed in early trade

Major stock markets in the Gulf were mixed in early trade on Tuesday amid falling oil prices and on expectations the...

Published 21 Nov, 2023 03:07pm

Europe

Oil market on edge over Middle East crisis, IEA’s Birol says

OSLO: The oil market is “on edge” over the latest crisis in the Middle East, the head of the International Energy...

Published 21 Nov, 2023 03:01pm

Europe

European Council president Michel visits Kyiv

European Council President Charles Michel arrived in Kyiv on Tuesday in a gesture of support as Ukraine marks 10...

Published 21 Nov, 2023 02:56pm

Business & Finance

Sri Lankan inflation rises to 1% in October

COLOMBO: Sri Lanka’s consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the...

Published 21 Nov, 2023 02:54pm

Life & Style

World’s oldest beauty adviser sitting pretty

FUKUSHIMA: Tomoko Horino’s neighbours gossiped when she first went out to work in patriarchal 1960s Japan, but now,...

Published 21 Nov, 2023 02:50pm

Stocks

European stock markets open on mixed note

LONDON: Europe’s main equity markets diverged at the open on Tuesday as dealers mulled the US interest rate outlook....

Published 21 Nov, 2023 02:45pm

Energy

Pakistan Refinery inks license agreements with Honeywell UOP, Axens

Says partnership marks significant milestone in journey towards refinery modernization

Published 21 Nov, 2023 01:42pm

Sports

Australia’s Warner withdrawn from T20 series against India

MELBOURNE: Australia opener David Warner has been withdrawn from the Twenty20 series against India after starring at...

Published 21 Nov, 2023 01:33pm

Stocks

Dubai Taxi sets IPO price range, valuing company at up to $1.25bn

DUBAI: Dubai Taxi Company (DTC) on Tuesday kicked off the subscription period for its upcoming initial public...

Published 21 Nov, 2023 01:27pm

Energy

Iran aims for oil output of 4 million barrels per day for 2024-25

DUBAI: Iran’s oil production should reach 3.6 million barrels per day by March 20, 2024, Iran’s oil minister Javad...

Published 21 Nov, 2023 01:24pm

Companies

HBL finances Rs1 bn for solar tube wells to boost renewable energy in Pakistan’s agriculture sector

HBL set the industry benchmark with Rs 1 billion in financing for solar tube wells. The facility enables farmers to...

Published 21 Nov, 2023 12:57pm

Stocks

Japan’s Nikkei inches down as automakers skid on yen strength

TOKYO: Japan’s Nikkei share average ended marginally lower on Tuesday, as the yen’s rebound against the dollar...

Updated 21 Nov, 2023 12:49pm

South Asia

Sri Lanka cabinet approves new electricity reforms bill

COLOMBO: Sri Lanka’s cabinet has approved a key electricity reforms bill that will help foster more private...

Published 21 Nov, 2023 12:45pm

Forex

South African rand firms as risk sentiment improves

JOHANNESBURG: South Africa’s rand firmed in early trading on Tuesday, as risk sentiment improved on rising...

Published 21 Nov, 2023 12:42pm

Sports

Record 1.25 million fans attended World Cup, says ICC

BENGALURU: A record 1.25 million fans attended matches during the 13th edition of the World Cup, which concluded on...

Published 21 Nov, 2023 12:40pm

Forex

Russian rouble opens stronger, highest since end-June

MOSCOW: The Russian rouble opened higher on Tuesday, reaching the strongest levels since the end of June in...

Published 21 Nov, 2023 12:35pm

Asia

China says would be ‘serious mistake’ if Argentina cuts ties

BEIJING: The Chinese foreign ministry said on Tuesday that it would be a “serious mistake” in Argentina’s diplomacy...

Published 21 Nov, 2023 12:33pm

Africa

Somalia flood toll climbs to 50: disaster agency

MOGADISHU: Flash flooding in Somalia has killed 50 people and driven nearly 700,000 from their homes, a government...

Published 21 Nov, 2023 12:27pm

Europe

Russia damaged medical facility in overnight barrage: Kyiv

KYIV: Russian forces damaged a hospital, a building at a mine and other civilian infrastructure in Moscow’s latest...

Published 21 Nov, 2023 12:25pm

Sports

Southgate expects Euro charge despite drab draw with North Macedonia

SKOPJE: Gareth Southgate insists England’s lacklustre finish to the Euro 2024 qualifying campaign will mean nothing...

Published 21 Nov, 2023 11:56am

Stocks

Hong Kong open with more gains

HONG KONG: Hong Kong stocks opened on a strong note Tuesday following another healthy run-up on Wall Street, with...

Published 21 Nov, 2023 11:53am

World

Milei says could take two years to tame Argentina’s inflation

BUENOS AIRES: President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring...

Published 21 Nov, 2023 11:48am

Europe

German defence chief in Ukraine on unannounced visit

KYIV: German Defence Minister Boris Pistorius arrived in Kyiv on Tuesday for an unannounced visit to reaffirm...

Published 21 Nov, 2023 11:45am

Middle East

COP28 turns attention to potent methane emissions

DUBAI: Climate talks often revolve around reducing the most dangerous greenhouse gas CO2. But other powerful...

Published 21 Nov, 2023 11:38am

Sports

Suryakumar to captain India for Australia T20 series

NEW DELHI: Suryakumar Yadav will captain India in their five-match T20 series against Australia, leading a squad...

Published 21 Nov, 2023 11:32am

South Asia

Indian workers trapped in tunnel for 10 days seen on camera

DEHRADUN: Forty-one Indian workers trapped in a collapsed road tunnel for 10 days were seen alive on camera for the...

Published 21 Nov, 2023 11:28am

Sports

West Indies name Dowrich in squad for one-day series against England

West Indies have named wicketkeeper-batsman Shane Dowrich in a 15-man squad for three one-dayers against England...

Published 21 Nov, 2023 11:13am

Europe

Ukraine says Russian troops focusing on Bakhmut in the east

KYIV: Ukrainian forces were engaged in containing increasing Russian attacks on Monday around the shattered eastern...

Published 21 Nov, 2023 11:10am

Pakistan

Forced out of Pakistan, Afghan waste pickers count their losses

KARACHI: Abdul, an Afghan migrant in Karachi, hasn’t been able to sleep properly for weeks. At nearly 50, he faces...

Published 21 Nov, 2023 11:08am

Commodities

Copper rises to 2-month high on supply worries, weaker dollar

Copper prices rose to two-month highs on Tuesday, buoyed by supply concerns in Peru and Panama amid protests and...

Published 21 Nov, 2023 11:05am

Forex

Indian rupee to see mild respite on yuan-lead rally on Asia Fx

MUMBAI: The Indian rupee is likely to inch higher at open on Tuesday, lifted by a broad rally in Asian peers which...

Published 21 Nov, 2023 10:52am

Stocks

Asian stocks hit 2-month high on Wall St rally, Fed view

SINGAPORE: Asian shares climbed to fresh two-month highs on Tuesday, boosted by a rally on Wall Street while the...

Published 21 Nov, 2023 10:51am

Commodities

Palm extends gain amid robust China demand for soyoil

SINGAPORE: Malaysian palm oil futures rose for a second session on Tuesday amid signs of an increase in Chinese soy...

Published 21 Nov, 2023 10:48am

Sports

Shui dumped as China women’s coach after Olympic qualifying failure

BEIJING: China women’s coach Shui Qingxia has been sacked following the team’s failure to qualify for the Paris...

Published 21 Nov, 2023 10:47am

Commodities

Soybeans up for 2nd session on Brazilian dryness; wheat rebounds

SINGAPORE: Chicago soybeans gained more ground on Tuesday, with prices underpinned by hot weather in top exporter...

Published 21 Nov, 2023 10:44am

Sports

England can be proud of Euro qualifying campaign, says Kane

England ended their European Championship qualifying campaign with a scrappy 1-1 draw in North Macedonia on Monday...

Published 21 Nov, 2023 10:40am

USA

One dead, three injured in shooting at Ohio Walmart

At least one person was killed and three people were injured in a shooting at an Ohio Walmart on Monday, WHIO...

Published 21 Nov, 2023 10:38am

Forex

Australia, NZ dollars extend winning streak to three-month highs

SYDNEY: The Australian and New Zealand dollars made fresh three-month highs on Tuesday, buoyed by higher commodity...

Published 21 Nov, 2023 10:36am

Forex

Yuan near 4-month high on firmer fixing, steadier China-US ties

SHANGHAI: China’s yuan extended its winning streak on Tuesday, reaching a near four-month high against the dollar,...

Published 21 Nov, 2023 10:34am

Pakistan

Three terrorists killed in separate operations in KPK

ISPR says one security personnel also embraced martyrdom

Published 21 Nov, 2023 10:31am

Stocks

China stocks climb on stimulus prospects, US Fed view

SHANGHAI: China stocks advanced on Tuesday as reports of Beijing’s latest stimulus rollout for the property sector...

Published 21 Nov, 2023 10:30am

Mutual Funds

India bond yields ease tracking US peers; state debt sale eyed

MUMBAI: Indian government bond yields fell in early trading on Monday as investors took comfort from easing US...

Published 21 Nov, 2023 10:20am

Mutual Funds

JGB yields fall to multi-month lows tracking US yields, smooth auction

TOKYO: Japanese government bond yields fell to multi-month lows on Tuesday, pulled down by declines in US rates and...

Published 21 Nov, 2023 10:18am

Stocks

Indian shares open higher tracking global rally

BENGALURU: Indian shares opened higher on Tuesday led by a rebound in financials after a two-day lull, while...

Published 21 Nov, 2023 10:13am

Stocks

Commodity stocks lift Australian shares; investors assess RBA minutes

Australian shares rose on Tuesday led by the gains in commodity stocks, while investors assessed minutes of the...

Published 21 Nov, 2023 10:08am

Forex

Yuan drags dollar to fresh lows

SINGAPORE: The dollar slipped to fresh milestone lows on the euro, yen and other major currencies on Tuesday, as...

Published 21 Nov, 2023 10:05am

Bullion Rate

Gold rises on dollar weakness as focus turns to Fed minutes

Gold prices rose on Tuesday, supported by a weaker US dollar and Treasury yields as investors look forward to...

Published 21 Nov, 2023 09:59am

Power sector circular debt swells despite recovery drive

Reaches Rs 2.537 trillion during first quarter

Updated 21 Nov, 2023 09:57am

Jul-Oct FDI rises 7pc to $525m YoY

KARACHI: Foreign Direct Investment in the country rose by 7 percent during the first four months of this fiscal year...

Updated 21 Nov, 2023 09:33am

Trade facilitation: country achieves major milestone

KARACHI: Pakistan has achieved a major milestone in trade facilitation by connecting to the International Plant...

Updated 21 Nov, 2023 09:32am

Major oil and gas reserves discovered at Shah Bandar

KARACHI: Pakistan Petroleum Limited (PPL) has made a gas and condensate discovery from exploration well, Jhim East...

Updated 21 Nov, 2023 09:32am

Tax incentives for aviation sector on the cards

ISLAMABAD: The caretaker government is likely to announce new tax incentives/ concessions for the aviation sector to...

Updated 21 Nov, 2023 09:11am

Bonds rally to highest level in over a year

LONDON: Hopes that more international financial support is on the way lifted Pakistan’s government bonds to their...

Updated 21 Nov, 2023 08:49am

Issues of member firms: OICCI seeks intervention of PD, Ogra

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has sought intervention from Directorate...

Updated 21 Nov, 2023 08:48am

PM terms genocide of children ‘holocaust’

ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar said that “a genocide and holocaust” is going on in Gaza...

Updated 21 Nov, 2023 08:47am

Urea: TCP in talks with Russian firm

ISLAMABAD: The Trading Corporation of Pakistan (TCP) is reportedly in talks with Russian company M/s Uralchem for...

Updated 21 Nov, 2023 08:47am

‘Civilians’ trial in military courts’: MoD urges SC to set aside Oct 23 order

ISLAMABAD: The Ministry of Defence urged the Supreme Court to set aside its October 23 order that had declared the...

Updated 21 Nov, 2023 08:46am

Customs’ values on imported almonds, walnuts revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of almonds and...

Updated 21 Nov, 2023 08:46am

BR Research

Power tariff adjustments and losses go down

Having made the highest-ever quarterly tariff adjustment for 1QFY24 – Nepra is all set to entertain discos’...

Published 21 Nov, 2023 08:19am

BR Research

Current account roundup

Another month of current account hanging in balance – although there is a marginal deficit of $74 million in...

Published 21 Nov, 2023 08:16am

BR’s refresher: your morning briefing for the day

Important updates from November 20, 2023

Published 21 Nov, 2023 08:14am

BR Research

Pakistan Petroleum Limited

Pakistan Petroleum Limited (PSX: PPL) is a key supplier of natural gas in the country. The company is one of the...

Published 21 Nov, 2023 08:11am

World

Cologne mosque: Germany blasts Taliban official’s appearance

BERLIN: Germany on Monday condemned an appearance by a Taliban official at a mosque in Cologne, with the interior...

Updated 21 Nov, 2023 07:16am

World

Premature Gaza babies evacuated to Egypt

GAZA/OCCUPIED JERUSALEM: Twenty-eight prematurely born babies evacuated from Gaza’s biggest hospital were taken...

Updated 21 Nov, 2023 07:15am

Opinion

Low inflows of external financing

The first quarterly review of the IMF (International Monetary Fund) Stand-by Facility has been successfully...

Published 21 Nov, 2023 06:01am

World

Trump gag order appeal faces skeptical reception in US court

WASHINGTON: US appeals court judges on Monday signaled skepticism toward Donald Trump’s bid to overturn a gag ...

Published 21 Nov, 2023 06:02am

World

Israeli ships ‘legitimate target’, Houthis warn after seizure

HODEIDA, (Yemen): Israeli ships are a “legitimate target”, Yemen’s Houthi rebels warned on Monday, after their...

Published 21 Nov, 2023 06:02am

World

X’s CEO tells staff data will show efforts to fight hate, as advertisers flee

NEW YORK: Social media company X CEO Linda Yaccarino told employees that “data will tell the real story” about...

Published 21 Nov, 2023 06:02am

Pakistan

The Weather

KARACHI: The weather report on Monday (November 20, 2023) and the forecast for Tuesday (November 21, 2023)...

Published 21 Nov, 2023 06:02am

World

CPJ honours courageous journalists fighting repression worldwide

NEW YORK: The Committee to Protect Journalists (CPJ) and press freedom supporters celebrated journalists from...

Published 21 Nov, 2023 06:02am

USA

UAW clinches record Detroit deals

NEW YORK: The United Auto Workers (UAW) said Monday that 64% of workers at the Detroit Three automakers voted to...

Published 21 Nov, 2023 06:02am

USA

President-elect Milei vows ‘end of Argentina’s decline’

BUENOS AIRES: Libertarian outsider Javier Milei swept to victory in Argentina’s presidential election Sunday,...

Published 21 Nov, 2023 06:02am

Pakistan

Kidney Hills case: Saleem Mandviwalla, others again issued notice

ISLAMABAD: The Accountability Court on Monday again issued notice to Pakistan People’s Party (PPP) Senator Saleem...

Published 21 Nov, 2023 06:02am

Pakistan

World Children’s Day: Unicef-nominated children meet President

ISLAMABAD: In connection with World Children’s Day, a delegation of children representing four provinces, as well...

Published 21 Nov, 2023 06:02am

Pakistan

Military courts: Senators condemn passage of resolution by Senate

ISLAMABAD: Senators from different political parties, Monday, continued to condemn the passage of the...

Published 21 Nov, 2023 06:02am

Pakistan

CM approves package for families of martyred govt employees

LAHORE: On the analogy of ‘Police Shuhada Package,’ the caretaker Punjab Chief Minister Syed Mohsin Naqvi has...

Published 21 Nov, 2023 06:02am

Pakistan

‘Replicating electoral practices’ to damage country: JI

LAHROE: Chief of Jamaat-e-Islami Sirajul Haq has warned that replicating the electoral practices of 2018 in the 2024...

Published 21 Nov, 2023 06:02am

Pakistan

‘Economy main target of our enemies’

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum Mian...

Published 21 Nov, 2023 06:02am

Pakistan

APNS concerned over non-payment of advertisement dues by govts

KARACHI: The APNS expresses its grave concern over the non-payment of advertisement dues by the Federal and...

Published 21 Nov, 2023 06:02am

South Asia

Indian capital resumes some activities despite hazardous air, river foam

NEW DELHI: India’s capital Delhi re-opened schools and some building sites on Monday amid signs of receding air...

Published 21 Nov, 2023 06:02am

Pakistan

Federal ministers, SECP chief visit PBA office

KARACHI: Dr Shamshad Akhtar, Federal Minister for Finance, Revenue & Economic Affairs, Ahmed Irfan Aslam, ...

Published 21 Nov, 2023 06:02am

Pakistan

Police steps up crackdown on underage, unlicensed drivers

FAISALABAD: in pursuance of directions of IGP Punjab Dr Usman Anwar, RPO Faisalabad Dr Muhammad Abid Khan has...

Published 21 Nov, 2023 06:02am

Pakistan

Private firm, its abettors and facilitators booked by Customs

ISLAMABAD: The Collectorate of Customs Appraisement, Karachi has booked a private company, its abettors’ and...

Published 21 Nov, 2023 06:02am

Pakistan

Policy formulation on enforced disappearances discussed

ISLAMABAD: The ministerial committee on enforced disappearances on Monday held a detailed discussion on policy...

Published 21 Nov, 2023 06:02am

Pakistan

Action ordered against violators of anti-smog rules

LAHORE: Commissioner Lahore Muhammad Ali Randhawa has directed the district administration to take strict action...

Published 21 Nov, 2023 06:02am

Sports

18-member Test squad announced for Australia tour

LAHORE: Chief selector Wahab Riaz has announced an 18-member Pakistan Test squad for the tour to Australia ...

Published 21 Nov, 2023 06:02am

South Asia

BD convicts 139 opposition officials, activists

DHAKA: Bangladesh has convicted 139 senior opposition party officials and activists in the past two days, ...

Published 21 Nov, 2023 06:02am

World

Uttar Pradesh bans some Halal-certified products

LUCKNOW: Authorities in India’s most populous state of Uttar Pradesh have banned the distribution and sale of...

Published 21 Nov, 2023 06:02am

Industry

14th hybrid heat-tolerant rice variety: successful trial

LARKANA: Longping High-Tech, a leading Chinese agricultural company, in collaboration with its Pakistani ...

Published 21 Nov, 2023 06:02am

World

Muslim leaders in Beijing to push for Gaza ceasefire

BEIJING: Arab and other Muslim ministers called on Monday for an immediate ceasefire in Gaza, as their delegation...

Published 21 Nov, 2023 06:02am

Pakistan

Aleem meets ex-CM Wattoo

LAHORE: President Istehkam-e-Pakistan Party (IPP) Abdul Aleem Khan visited the residence of ex-chief minister Punjab...

Published 21 Nov, 2023 06:02am

Pakistan

CS opens e-procurement system

LAHORE: Punjab Chief Secretary Zahid Akhtar Zaman on Monday inaugurated e-procurement system which was developed by...

Published 21 Nov, 2023 06:02am

Pakistan

P&D Board, top versities forge partnership

LAHORE: Planning and Development Board Chairman Iftikhar Ali Sahoo emphasized the crucial role played by the board ...

Published 21 Nov, 2023 06:02am

Pakistan

PPP seeks removal of Sindh law minister

KARACHI: Leader of Pakistan People’s Party (PPP) and former Minister of Energy of Sindh, Imtiaz Ahmad Sheikh, in a...

Published 21 Nov, 2023 06:02am

Pakistan

Roundtable session held at IBA CEIF

KARACHI: IBA CEIF in collaboration with Ihsan Trust and Meezan Bank conducted a roundtable discussion titled...

Published 21 Nov, 2023 06:02am

Pakistan

President for improving FUUAST’s affairs

ISLAMABAD: President Dr Arif Alvi has urged all the stakeholders and members of the Senate of the Federal Urdu...

Published 21 Nov, 2023 06:02am

Pakistan

Justice Naqvi challenges SJC proceedings against him

ISLAMABAD: Justice Syed Mazahar Ali Akbar Naqvi has asked the Supreme Court to declare the initiation of proceedings...

Published 21 Nov, 2023 06:02am

Pakistan

PFUJ stages rally against journalist’s murder

KARACHI: Pakistan Federal Union of Journalists (PFUJ) on Monday staged a rally and demonstration against the murder...

Published 21 Nov, 2023 06:02am

Pakistan

Conference on ‘Financial Crime in Digital Age’ to be held on 25th

KARACHI: A conference on “Financial Crime in the Digital Age” organised by Eastnets, a global provider of...

Published 21 Nov, 2023 06:02am

Pakistan

Experts underscore need for implementing environmental laws

HYDERABAD: This was resolved in the environmental celebration called “Jashan-e-Maholiat” on Monday, at Mehran...

Published 21 Nov, 2023 06:02am

Pakistan

Caretaker CM receives Dr Syedna Mufaddal Saifuddin at old terminal

KARACHI: Head of Dawoodi Bohra Community Dr Syedna Mufaddal Saifuddin along with his family members arrived at Old...

Published 21 Nov, 2023 06:02am

Pakistan

18th Constitutional Amendment: ‘No plan to bring any change if PML-N comes into power’

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) said on Monday it had no plan to bring any change to the 18th...

Published 21 Nov, 2023 06:02am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (November 20, 2023). ==================================== BR...

Published 21 Nov, 2023 06:01am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 20, 2023)....

Published 21 Nov, 2023 06:01am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (November 20, 2023). ========================== KIBOR...

Published 21 Nov, 2023 06:01am

Rates

LME official prices

LONDON: The following were Friday official prices. ========================================= ALUMINIUM...

Published 21 Nov, 2023 06:01am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 256,756 tonnes of cargo comprising 124,258 tonnes of import cargo and ...

Published 21 Nov, 2023 06:01am

Stocks

Indian shares weaker

BENGALURU: Indian shares closed lower on Monday, weighed by losses in auto stocks after a rally last week, along ...

Published 21 Nov, 2023 06:01am

Stocks

China, HK equities rise as investors turn positive

SHANGHAI: China stocks closed up on Monday as signs of easing Sino-US tensions boosted investor sentiment. Tech...

Published 21 Nov, 2023 06:01am

Stocks

Japan shares hit three-decade high

SYDNEY: Japanese shares hit highs not seen since 1990 on Monday as strong earnings and offshore demand fuelled a...

Published 21 Nov, 2023 06:01am

Stocks

European shares listless after robust week

BENGALURU: European shares were subdued on Monday after a strong week driven by aggressive bets on interest rate...

Published 21 Nov, 2023 06:01am

Stocks

Nasdaq leads Wall Street higher as Microsoft hits record high

NEW YORK/LONDON: The Nasdaq led gains among the main US stock indexes on Monday as Microsoft climbed on news that...

Published 21 Nov, 2023 06:01am

Letters

Pak-Afghan relations

Germany has very strongly reacted to the presence of an Afghan Taliban official at a mosque in one of its cities,...

Published 21 Nov, 2023 06:01am

Opinion

PARTLY FACETIOUS: The name ‘Donald’ evokes some memories

“Nawaz Sharif was visited by Ambassador Donald…” “You have to be more specific.” “Sorry?’ “The name...

Published 21 Nov, 2023 06:01am

Pakistan

IHC summons notification on judge’s appointment for hearing cypher case

ISLAMABAD: The Islamabad High Court (IHC), Monday, summoned the notification related to the appointment of the judge...

Published 21 Nov, 2023 06:01am

Pakistan

Candidates: JUI directs provincial chapters to finalise names by 27th

ISLAMABAD: The Jamiat Ulema-e-Islam (JUI) has directed the provincial chapters to recommend and finalise the names ...

Published 21 Nov, 2023 06:01am

Pakistan

Kakakhel takes oath as caretaker minister in KP cabinet

PESHAWAR: Barrister Feroz Jamal Shah Kakakhel took oath as minister in the caretaker cabinet of Khyber Pakhtunkhwa ...

Published 21 Nov, 2023 06:01am

Pakistan

Construction of flyovers featuring caretaker CM: LHC summons record of expenses for ad drive

LAHORE: The Lahore High Court on Monday summoned a complete record of the expenses incurred for an advertisement...

Published 21 Nov, 2023 06:01am

Pakistan

PM forms body comprising experts from PCCC

ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar has approved formation of a committee under the Ministry of...

Published 21 Nov, 2023 06:01am

Pakistan

President for improving lives of children in Pakistan

ISLAMABAD: President Dr Arif Alvi said that children were the most precious resource of any nation and the sole...

Published 21 Nov, 2023 06:01am

Pakistan

PTI condemns ‘abduction’ of Ali Nawaz Awan

ISLAMABAD: Pakistan Tehreek-e-Insaf on Monday strongly condemned “abduction” of party leader Ali Nawaz Awan,...

Published 21 Nov, 2023 06:01am

Pakistan

Qureshi prayed for post-arrest bail in cypher case

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Vice-Chairman Shah Mahmood Qureshi prayed before the Supreme Court to ...

Published 21 Nov, 2023 06:01am

Pakistan

CM reviews work on ‘Band Road Controlled Access Corridor Project’

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi conducted an inspection of the ongoing development works at...

Published 21 Nov, 2023 06:01am

Pakistan

Construction of flyovers featuring caretaker CM: LHC summons record of expenses for ad drive

LAHORE: The Lahore High Court on Monday summoned a complete record of the expenses incurred for an advertisement...

Published 21 Nov, 2023 06:01am

Pakistan

Toshakhana case: NAB directed to record statement of Nawaz, Zardari & Gilani

ISLAMABAD: The Accountability Court, on Monday, directed the National Accountability Bureau (NAB) to record the...

Published 21 Nov, 2023 06:01am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (November 20, 2023). ======================================= Offset...

Published 21 Nov, 2023 06:01am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (November 20, 2023)...

Published 21 Nov, 2023 06:01am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (November 20, 2023)....

Published 21 Nov, 2023 06:01am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (November 20, 2023). ======================== Open Bid...

Published 21 Nov, 2023 06:01am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (November...

Published 21 Nov, 2023 06:01am

Commodities

Japanese rubber futures higher on tight supply outlook

BEIJING: Japanese rubber futures ticked up on Monday, recouping some of the previous session’s losses, on concerns...

Published 21 Nov, 2023 06:01am

Commodities

India’s Oct gold imports surge

MUMBAI: India’s October gold imports surged 60% from a year earlier to a 31-month high as a drop in prices ahead ...

Published 21 Nov, 2023 06:01am

Cotton & Textile

Selective buying on cotton market

LAHORE: The local cotton market on Monday remained steady and the trading volume remained low. Cotton Analyst ...

Published 21 Nov, 2023 06:01am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday (November 20, 2023)...

Published 21 Nov, 2023 06:01am

Commodities

China demand hopes drive copper to two-month peak

LONDON: Copper prices rose to their highest in nearly two months on Monday, buoyed by growing hopes of fresh ...

Published 21 Nov, 2023 06:01am

Energy

Brent, US crude futures climb as OPEC cuts likely

HOUSTON: Brent and US crude futures climbed more than 2.5%, gaining $2 a barrel on Monday, as further supply cuts in...

Published 21 Nov, 2023 06:01am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 14.442...

Published 21 Nov, 2023 06:01am

Commodities

Gold loses footing as focus turns to Fed minutes

BENGALURU: Gold prices declined on Monday weighed down by an uptick in US Treasury yields, with investors awaiting...

Published 21 Nov, 2023 06:01am

Commodities

Soyabeans, corn up on Brazil weather worry, weaker dollar

HAMBURG: Chicago soyabeans and corn rose on Monday as dealers assessed forecasts of rain for parched Brazilian ...

Published 21 Nov, 2023 06:01am

Commodities

Iron ore rebounds on improving risk sentiment, supply concerns

BEIJING: Iron ore futures rebounded on Monday as risk-off sentiment hurt by Chinese intervention last week eased,...

Published 21 Nov, 2023 06:01am

Commodities

Gold prices remain unchanged

KARACHI: Gold and silver prices on Monday stood unchanged on the local market, traders said. Gold was traded for Rs...

Published 21 Nov, 2023 06:01am

Rates

PKR: upward trajectory

KARACHI: The Pakistani rupee maintained its upward trajectory against the US dollar for the third consecutive...

Published 21 Nov, 2023 06:01am

Rates

PSX: range-bound activity

KARACHI: Pakistan Stock Exchange on Monday remained under pressure as the investors opted to book profit on ...

Published 21 Nov, 2023 06:01am

Money & Banking

Asian currencies, stocks largely up

BENGALURU: South-east Asian currencies rose on Monday, with the Indonesian rupiah and South Korean won leading the...

Published 21 Nov, 2023 06:01am

Money & Banking

Indian rupee ends flat

MUMBAI: The Indian rupee was little changed on Monday as sustained dollar demand from importers kept the local unit...

Published 21 Nov, 2023 06:01am

Money & Banking

Dollar falls to two-month low on Fed view, yen strengthens

NEW YORK: The dollar index fell to its lowest in more than two months on Monday, extending a slide from the prior...

Published 21 Nov, 2023 06:01am

Money & Banking

China’s yuan leaps to 3-month high on corporate dollar selling

SHANGHAI: China’s yuan leapt to a more than three-month high against the dollar on Monday, as the central bank...

Published 21 Nov, 2023 06:01am

Business & Finance

CAREC, Corridor uplift, Tranche-1 projects: NHA EB recommends revised Rs29.96bn PC-I

ISLAMABAD: The National Highways Authority (NHA) Executive Board recommended the revised PC-I for Central Asia...

Published 21 Nov, 2023 06:01am

Business & Finance

Iranian envoy identifies areas to strengthen trade ties

KARACHI: The Islamic Republic of Iran’s Ambassador to Pakistan Reza Amiri Moghaddam on Monday said that the China...

Published 21 Nov, 2023 06:01am

Editorials

Drap drugged, again!

EDITORIAL: Now that pharmacies have been caught charging up to five times more than the maximum retail price (MRP)...

Published 21 Nov, 2023 06:01am

Editorials

Inflation at a dangerous level

EDITORIAL: Sensitive Price Index (SPI) for the week ending 16 November 2023 increased by 9.95 percent against a rise...

Published 21 Nov, 2023 06:01am

Business & Finance

Abu Dhabi-backed fund set to seize UK’s Telegraph Media Group

LONDON: Abu Dhabi-backed investment fund RedBird IMI said Monday it is set to take control of The Daily and Sunday...

Published 21 Nov, 2023 06:01am

Business & Finance

Eni suspends World Bank arbitration in Nigeria oilfield dispute

MILAN: Italian oil company Eni has temporary halted arbitration regarding an oilfield dispute with the Nigerian...

Published 21 Nov, 2023 06:01am

Business & Finance

Jul-Oct ITeS export remittances rise 4.4pc to $893m YoY

ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call centre...

Published 21 Nov, 2023 06:01am

Business & Finance

Export Facilitation Scheme: Irritants facing APTMA to be removed: Customs official

LAHORE: Zeba Hai Azhar, Member (Customs), FBR has assured APTMA of removing all irritants in Export Facilitation...

Published 21 Nov, 2023 06:01am

Business & Finance

‘4G for All’ initiative: Jazz invests Rs20.6bn in 9 months

ISLAMABAD: Jazz invested Rs 20.6 billion in the first nine months of 2023, mainly under its “4G for All”...

Published 21 Nov, 2023 06:01am

Business & Finance

Investors pump over $600m into defence funds

WASHINGTON: Investors piled into exchange-traded funds tracking defence companies since October in anticipation of...

Published 21 Nov, 2023 06:01am

Business & Finance

Jul-Oct C/A deficit dips sharply

KARACHI: The country’s current account deficit fell sharply 66 percent during the first four months of this fiscal...

Published 21 Nov, 2023 06:01am

Industry

LCCI irked by repeated issuance of valuation rulings

LAHORE: Member Customs Operations, Federal Board of Revenue Zeba Hai has said that working to bring main items into...

Published 21 Nov, 2023 06:01am

Industry

FPCCI chief for greater transparency, security in global trade

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has said that it is very important to establish transparency, security...

Published 21 Nov, 2023 06:01am

World

Biden says he believes Gaza hostage release deal near

WASHINGTON: U.S. President Joe Biden said on Monday he believes a deal is near to secure the release of some of the...

Published 21 Nov, 2023 12:22am

USA

US to announce global nuclear fusion strategy at COP28

WASHINGTON: The U.S. will lay out the first international strategy to commercialize nuclear fusion power at the...

Published 21 Nov, 2023 12:17am

World

US defense chief Austin visits Kyiv, announces more military aid

KYIV: U.S. Secretary of Defense Lloyd Austin announced $100 million in new military aid to Ukraine during an...

Published 21 Nov, 2023 12:03am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 11	277.87
USD PKR Interbank Buying / Aug 11	277.67
USD to Japanese Yen / Aug 12	159.43
USD to Swiss Franc / Aug 12	0.81
Pound Sterling to USD / Aug 12	1.35
Euro to USD / Aug 12	1.15
SOFR % / Aug 11	3.62

Stock	Volume
S&P 500 / Aug 11	7,728.20
Nasdaq / Aug 11	26,445.45
Dow Jones / Aug 11	53,791.85
India Sensex / Aug 12	77,569.33
Tokyo Nikkei / Aug 12	66,996.61
Hang Seng / Aug 12	25,361.63
FTSE 100 / Aug 12	10,827.40
Germany DAX 30 / Aug 12	26,432.21
France CAC40 / Aug 12	8,692.79

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 11	18,580
Gold 10 Grams PKR / Aug 11	394,149
Petrol/Litre / Aug 12	325.92
Crude Oil USD/Barrel / Aug 12	83.83
Gold Spot USD/Ounce / Aug 12	4,393.16
Diesel/Litre / Aug 12	382.25
Cotton US¢/pound / Aug 12	84.37

Gainers
Losers
Leaders

Stock	Price
Paramount Spinning / Aug 12 Paramount Spinning Mills Limited(PASM)	12.39 ▲ 1.13 (10.04%)
Nets Internat.Comm. / Aug 12 Nets International Communication Limited(GEMNETS)	23.72 ▲ 2.16 (10.02%)
Ashfaq Textile / Aug 12 Ashfaq Textile Mills Limited(ASHT)	44.84 ▲ 4.08 (10.01%)
Cordoba Logistics / Aug 12 Cordoba Logistics & Ventures Limited(CLVL)	22.96 ▲ 2.09 (10.01%)
Al-Khair Gadoon / Aug 12 Al-Khair Gadoon Limited(AKGL)	72.28 ▲ 6.57 (10%)
Aisha Steel (CPS) / Aug 12 Aisha Steel Mills Limited (CPS)(ASLCPS)	104.39 ▲ 9.49 (10%)
Asim Textile / Aug 12 Asim Textile Mills Limited(ASTM)	82.27 ▲ 7.48 (10%)
Buxly Paints / Aug 12 Buxly Paints Limited(BUXL)	305.49 ▲ 27.77 (10%)
Fecto Cement / Aug 12 Fecto Cement Limited(FECTC)	122.41 ▲ 11.13 (10%)
J.A.Textile / Aug 12 J.A. Textile Mills Limited(JATM)	62.58 ▲ 5.69 (10%)

Stock	Price
Pak Gen.Ins. / Aug 12 The Pakistan General Insurance Co. Ltd.(PKGI)	23.82 ▼ -2.65 (-10.01%)
First Tri-Star Mod. / Aug 12 First Tri-Star Modaraba(FTSM)	49.21 ▼ -5.47 (-10%)
D.S. Ind. Ltd. / Aug 12 D.S. Industries Limited(DSIL)	15.07 ▼ -1.67 (-9.98%)
Aruj Industries / Aug 12 Aruj Industries Limited(ARUJ)	12.02 ▼ -0.93 (-7.18%)
Jubilee Spinning / Aug 12 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	50.50 ▼ -3.89 (-7.15%)
Asia Ins. / Aug 12 Asia Insurance Company Limited(ASIC)	40.20 ▼ -2.8 (-6.51%)
Din Tex. / Aug 12 Din Textile Mills Limited(DINT)	63.60 ▼ -4.39 (-6.46%)
Sindh Abadgar / Aug 12 Sindh Abadgar's Sugar Mills Limited(SASML)	362 ▼ -24.07 (-6.23%)
Saritow Spinning / Aug 12 Saritow Spinning Mills Limited(SSML)	24.71 ▼ -1.63 (-6.19%)
IbrahimFibres / Aug 12 Ibrahim Fibres Limited(IBFL)	273 ▼ -15.56 (-5.39%)

Stock	Volume
Cnergyico PK / Aug 12 Cnergyico PK Limited(CNERGY)	67,426,978 ▲ 0.17
D.S. Ind. Ltd. / Aug 12 D.S. Industries Limited(DSIL)	67,252,252 ▼ -1.67
Hascol Petrol / Aug 12 Hascol Petroleum Limited(HASCOL)	47,251,905 ▼ -0.01
WorldCall Telecom / Aug 12 Worldcall Telecom Limited(WTL)	30,051,268 ▼ -0.03
Trust Sec.& Brok. / Aug 12 Trust Securities & Brokerage Limited(TSBL)	27,839,896 ▲ 0.1
Siddiqsons Tin / Aug 12 Siddiqsons Tin Plate Limited(STPL)	25,564,990 ▼ -0.11
Thatta Cement / Aug 12 Thatta Cement Company Limited(THCCL)	24,917,987 ▲ 3.21
Cres.Star Ins. / Aug 12 Crescent Star Insurance Limited(CSIL)	20,641,222 ▲ 0.3
Unity Foods Ltd / Aug 12 Unity Foods Limited(UNITY)	20,600,898 ▼ -0.29
B.O.Punjab / Aug 12 The Bank of Punjab(BOP)	17,553,743 ▲ 0.29