News Archives for Latest - 2023-11-22

Europe

UK hosts Arab ministers as ‘crucial’ hostage deal struck

LONDON: UK foreign minister David Cameron on Wednesday met with Arab and Islamic counterparts to discuss how to...

Published 22 Nov, 2023 11:03pm

Europe

France calls for EU sanctions against Hamas officials

MADRID: France wants the European Union to impose sanctions against top Hamas leaders following the Palestinian...

Published 22 Nov, 2023 10:57pm

Forex

Open-market: rupee maintains momentum against US dollar

The Pakistani rupee maintained its momentum against the US dollar in the open market on Wednesday, as the local...

Updated 22 Nov, 2023 10:51pm

South Asia

US thwarts plot to kill Sikh separatist, issues warning to India

NEW DELHI: US authorities thwarted a plot to kill a Sikh separatist in the United States and issued a warning to...

Updated 22 Nov, 2023 10:50pm

Forex

Inter-bank: rupee’s appreciation run continues against US dollar

Currency appreciates for fifth consecutive session, settles at 285.13 against dollar

Updated 22 Nov, 2023 10:46pm

Pakistan

Afghan border trade resumes after Pakistan suspends new visa rule

PESHAWAR: Cross-border trade between Pakistan and Afghanistan was back to normal on Wednesday, officials in both...

Updated 22 Nov, 2023 10:46pm

Commodities

Pakistan govt disallows sugar export till season-end assessment: Dr Gohar Ejaz

Caretaker Federal Minister for Commerce & Industries Dr Gohar Ejaz on Wednesday said that the government will...

Updated 22 Nov, 2023 10:42pm

Pakistan

Two soldiers martyred in North Waziristan IED blast

Sanitisation operation is being carried out in the area, says military's media wing

Updated 22 Nov, 2023 10:42pm

Energy

Oil tumbles nearly 4% as OPEC+ meeting delayed

Both Brent and WTI oil benchmarks have fallen for four straight weeks

Updated 22 Nov, 2023 10:41pm

Middle East

UNICEF says Gaza world’s ‘most dangerous place’ for children

Hard-won truce deal between Israel and Hamas not enough to save their lives, says head of UN children's agency
Over 5,300 children have reportedly been killed in Gaza since October 7

Updated 22 Nov, 2023 10:35pm

Technology

Sam Altman restored as OpenAI CEO after his tumultuous ouster

SAN FRANCISCO: ChatGPT-maker OpenAI has reached an agreement for Sam Altman to return as CEO days after his ouster,...

Updated 22 Nov, 2023 10:18pm

Stocks

New high at PSX: KSE-100 crosses 58,000 level after 827-point gain

Ongoing bullish trend comes amid country’s improved economic indicators

Updated 22 Nov, 2023 10:16pm

Industry

Regulate quality of medicines, not prices, top Pharma Bureau official advises govt

Executive Director Pharma Bureau Ayesha Tammy Haque has advised the government to do away with price regulation,...

Published 22 Nov, 2023 08:25pm

Stocks

Wall St eyes higher open as yields slip, traders assess economic data

Wall Street’s main indexes were set to open higher on Wednesday, helped by bets that the Federal Reserve had reached...

Published 22 Nov, 2023 08:15pm

Stocks

Major Gulf markets drop on falling oil prices

Major stock markets in the Gulf closed lower on Wednesday amid falling oil prices, as investors remained cautious...

Published 22 Nov, 2023 08:11pm

Pakistan

Pakistan postpone tour to Netherlands due to scheduling reasons

Pakistan have postponed their tour to the Netherlands for three-match T20I series due to scheduling problems,...

Published 22 Nov, 2023 07:26pm

Sports

Man Utd’s Shaw returns to training after injury

LONDON: Manchester United and England defender Luke Shaw has returned to training after a lengthy injury layoff, the...

Published 22 Nov, 2023 07:15pm

Sports

O’Sullivan threatens to quit in row with snooker chiefs

LONDON: Ronnie O’Sullivan has warned he will quit snooker if he is restricted from playing non-tour events in China,...

Published 22 Nov, 2023 07:10pm

Sports

Liga president Tebas resigns to run again in new elections

MADRID: La Liga’s combative president Javier Tebas resigned from his post on Wednesday in order to run again in...

Published 22 Nov, 2023 07:02pm

Middle East

UN welcomes Israel-Hamas deal as 'important step'

GENEVA: The United Nations on Wednesday welcomed the deal between Israel and Hamas to free hostages and pause the...

Updated 22 Nov, 2023 07:02pm

USA

US weekly jobless claims fall; labor market still slowing

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

Published 22 Nov, 2023 06:48pm

Europe

France’s Macron to host Arab foreign ministers

PARIS: French President Emmanuel Macron will on Wednesday discuss “the situation in the Middle East” with foreign...

Published 22 Nov, 2023 06:26pm

South Asia

Bangladesh court denies jailed opposition leader bail

DHAKA: Bangladesh’s jailed main opposition leader was denied bail Wednesday after being accused of instigating...

Published 22 Nov, 2023 06:18pm

Perspectives

JUI-F’s Maulana Fazlur Rehman’s meeting with Hamas leaders

The recent meeting between Maulana Fazlur Rehman – leader of Jamiat Ulema-e-Islam (JUI-F) and senior Hamas leaders...

Published 22 Nov, 2023 06:09pm

Europe

Turkiye says Gaza humanitarian pause ‘positive’, expects full compliance

ANKARA: The deal between Israel and Hamas to declare a humanitarian pause in Gaza and release some hostages is a...

Published 22 Nov, 2023 05:51pm

Stocks

Sri Lanka shares end higher as industrials, consumer staples rise

BENGALURU: Sri Lankan shares closed higher on Wednesday, snapping six straight sessions of fall, aided by gains in...

Published 22 Nov, 2023 05:35pm

Europe

Swiss to export 25 battle tanks back to Germany

GENEVA: Switzerland on Wednesday approved the export of 25 tanks back to Germany after Berlin gave assurances that...

Published 22 Nov, 2023 05:31pm

Money & Banking

Eurozone financial stability outlook fragile: ECB

FRANKFURT: The eurozone financial stability outlook remains fragile as tighter financing conditions, high inflation...

Published 22 Nov, 2023 05:25pm

Commodities

Copper pulls back on firm dollar, profit-taking ahead of Thanksgiving

LONDON: Copper prices retreated on Wednesday on a firmer dollar and as investors locked in profits from a recent...

Published 22 Nov, 2023 05:13pm

Arts

Banksy is ‘Robbie’ - artist reveals first name in 2003 interview

LONDON: A rare nugget of information about the famously enigmatic street art superstar Banksy emerged Tuesday when...

Published 22 Nov, 2023 04:58pm

Stocks

Indian shares rise as IT, pharma extend gains on soft US inflation data

BENGALURU: Indian blue-chip indexes rose on Wednesday, aided by IT and pharma stocks on soft U.S. inflation data,...

Published 22 Nov, 2023 04:55pm

Commodities

Palm extends gains on weaker ringgit, lower output expectations

JAKARTA: Malaysian palm oil futures climbed on Wednesday for a third straight session, supported by a weaker ringgit...

Published 22 Nov, 2023 04:49pm

Pakistan

Cipher case: Supreme Court indefinitely adjourns Imran’s bail plea

SC declares Imran's petition as admissible, seeks responses from federation, and FIA

Updated 22 Nov, 2023 04:35pm

Movies & Music

Talent agency drops Susan Sarandon following pro-Palestine comments

Hollywood has been divided over the Israel-Hamas war

Updated 22 Nov, 2023 04:23pm

Bullion Rate

Gold price per tola increases Rs900 in Pakistan

Gold rates in Pakistan extended gains for the second session on Wednesday, in line with increase in the...

Published 22 Nov, 2023 04:07pm

South Asia

India restarts suspended tourism and business e-visas for Canadians

NEW DELHI: India resumed issuing e-visas for Canadian tourists and business travellers on Wednesday two months after...

Published 22 Nov, 2023 04:06pm

Europe

Arab ministers welcome Israel, Hamas truce but call for extended cessation of hostilities

LONDON: Arab foreign ministers welcomed an agreement for a temporary truce between Israel and Gaza group Hamas on...

Published 22 Nov, 2023 04:01pm

Pakistan

Al-Qadir Trust case: cabinet committee recommends names of Imran, others be placed on ECL

Committee also recommends that 3 names should be removed from ECL

Published 22 Nov, 2023 03:52pm

Pakistan

‘Missing’ Baloch students: IHC summons PM Kakar

Says 55 missing Baloch students must be recovered

Published 22 Nov, 2023 03:16pm

Energy

OGDCL successfully completes Khewari Project

Oil & Gas Development Company Limited (OGDCL), one of Pakistan’s leading exploration and production state-owned...

Published 22 Nov, 2023 03:15pm

Stocks

FTSE 100 snaps two-day losing streak on Sage results

The UK’s FTSE 100 rose on Wednesday, as higher prices of gold spurred an uptick in precious metal miners, while Sage...

Published 22 Nov, 2023 02:35pm

Asia

China welcomes Israel-Hamas truce deal

BEIJING: China welcomed on Wednesday a truce deal between Israel and Hamas, after they reached an agreement on a...

Published 22 Nov, 2023 02:32pm

Movies & Music

The Rolling Stones back on tour in their 80s

PARIS: The Rolling Stones are still refusing to gather any moss, announcing Tuesday that they are heading back on...

Published 22 Nov, 2023 02:15pm

Movies & Music

Baz Luhrmann’s Australia epic back as ‘Faraway Downs’

LONDON: Fifteen years after his sweeping adventure movie ‘Australia’ drew mixed reviews from critics, director Baz...

Published 22 Nov, 2023 02:02pm

Companies

Honda Atlas Cars’ profit-after-tax clocks in at Rs675m in July-Sept

Despite lower sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) clocked in at Rs675.34...

Published 22 Nov, 2023 01:44pm

Stocks

European stocks open higher before UK budget

LONDON: Europe’s main equity markets advanced at the open on Wednesday as investors shrugged off a tepid Asian...

Published 22 Nov, 2023 01:34pm

Forex

Russian rouble steadies near strongest vs dollar since late June

MOSCOW: The Russian rouble hovered near its strongest point since late June on Wednesday, supported by foreign...

Published 22 Nov, 2023 01:20pm

Middle East

Iran foreign minister starts regional tour as Israel, Hamas announce truce

DUBAI: Iranian Foreign Minister Hossein Amirabdollahian is starting a regional tour following the announcement of a...

Published 22 Nov, 2023 01:17pm

Middle East

Six Palestinians killed in Israeli strike on West Bank’s Tolkurm

RAMALLAH: Six Palestinians were killed on Wednesday in Tolkurm camp in the occupied West Bank, the Palestinian...

Published 22 Nov, 2023 01:13pm

Sports

National team: Gul, Saeed appointed bowling coaches

LAHORE: Changes in the players support personnel for men’s national team continued, as the Pakistan Cricket Board...

Updated 22 Nov, 2023 01:03pm

Sports

Croatia secure Euro 2024 ticket, France held by Greece

PARIS: Croatia clinched the final automatic qualifying spot for Euro 2024 on Tuesday as Wales were forced to settle...

Published 22 Nov, 2023 12:38pm

USA

UN chief ‘strongly condemns’ North Korea satellite launch: spokesman

UNITED NATIONS: United Nations Secretary-General Antonio Guterres deplored North Korea’s launch of a military spy...

Published 22 Nov, 2023 12:32pm

Stocks

Hong Kong open flat at open

HONG KONG: Hong Kong stocks were barely moved at the open Wednesday morning following a negative day on Wall Street...

Published 22 Nov, 2023 12:29pm

World

12 dead, dozens injured in Mexico bus crash

COATZACOALCOS: At least 12 people died and 58 others were injured on Tuesday when a bus overturned on a highway in...

Published 22 Nov, 2023 12:26pm

Europe

Russia ‘welcomes’ Israel-Hamas humanitarian truce: foreign ministry

MOSCOW: Russia “welcomes” a humanitarian truce between Israel and Hamas in Gaza that was announced on Wednesday,...

Published 22 Nov, 2023 12:03pm

Stocks

Tokyo shares end higher

TOKYO: Tokyo shares ended higher Wednesday after rebounding from initial losses, bucking a drop on Wall Street. The...

Updated 22 Nov, 2023 12:00pm

Technology

OpenAI announces Sam Altman to return as CEO

SAN FRANCISCO: OpenAI announced on Tuesday its co-founder Sam Altman will return as CEO, days after he was fired by...

Published 22 Nov, 2023 11:59am

Business & Finance

Sri Lanka expects IMF board approval on $2.9bn bailout’s first review next month

COLOMBO: Sri Lanka expects the International Monetary Fund’s executive board to approve the first review of its $2.9...

Published 22 Nov, 2023 11:54am

Europe

EU’s von der Leyen welcomes Israel-Hamas truce deal

BRUSSELS: European Commission President Ursula Von der Leyen said on Wednesday that she welcomed the agreement...

Published 22 Nov, 2023 11:52am

Business & Finance

Citi makes new appointments in Asia Pacific as part of restructuring

HONG KONG/SINGAPORE: Citigroup has made new appointments in Asia Pacific following a sweeping global reorganization...

Published 22 Nov, 2023 11:51am

Commodities

South Korea’s NOFI tenders to buy 138,000 metric tons corn

HAMBURG: Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up...

Published 22 Nov, 2023 11:50am

Commodities

Thyssenkrupp posts $2.3bn impairment on steel division

FRANKFURT/DUESSELDORF: Germany’s Thyssenkrupp on Wednesday unveiled a 2.1 billion euro ($2.3 billion) impairment on...

Published 22 Nov, 2023 11:49am

Forex

South African rand slips ahead of local inflation data

JOHANNESBURG: South Africa’s rand slipped in early trade against the dollar on Wednesday as risk sentiment soured...

Published 22 Nov, 2023 11:47am

Real Estate

Evergrande chairman’s two luxury mansions seized by creditor

HONG KONG: Two luxury homes in Hong Kong owned by the chairman of embattled property developer China Evergrande...

Published 22 Nov, 2023 11:33am

Europe

Russia deploys new nuclear missile in Kaluga region

Russia has deployed a new Yars intercontinental ballistic missile at the Kozelsk base in the Kaluga region,...

Published 22 Nov, 2023 11:31am

Asia

Military agreement fractures as tensions rise with North Korea

SEOUL: South Korea said on Wednesday it would suspend parts of a 2018 military agreement with North Korea designed...

Published 22 Nov, 2023 11:27am

USA

US president Biden welcomes Israel, Hamas deal for release of Gaza hostages

US President Joe Biden on Tuesday welcomed the deal to secure the release of hostages taken by Palestinian group...

Updated 22 Nov, 2023 11:24am

Forex

India rupee gauges pause in rally on Asian peers, Fed minutes

MUMBAI: The Indian rupee is likely to open nearly flat on Wednesday in the wake of weakness in Asian peers and...

Published 22 Nov, 2023 11:21am

Commodities

Palm extends gains on weaker ringgit, stronger Dalian oils

JAKARTA: Malaysian palm oil futures climbed on Wednesday for a third consecutive session, as the contract tracked...

Published 22 Nov, 2023 11:19am

Commodities

Wheat jumps 1% to near 2-week high on Black Sea supply concerns

SINGAPORE: Chicago wheat rose 1% on Wednesday, with the market climbing to its highest in nearly two weeks on...

Published 22 Nov, 2023 11:18am

Sports

Australia have their ‘legacy’ after winning World Cup: Cummins

SYDNEY: Australia captain Pat Cummins said his team had created their own legacy by winning the nation’s...

Published 22 Nov, 2023 11:15am

Sports

India to host Afghanistan for T20 series in January

India will host Afghanistan for three Twenty20s in January, the first time the two sides will meet in a multi-match...

Published 22 Nov, 2023 11:12am

Bullion Rate

Gold slips below $2,000 level as dollar halts slide

Gold eased below the key $2,000 level on Wednesday, as the dollar stabilised from its recent drop, although...

Updated 22 Nov, 2023 11:08am

Mutual Funds

JGB yields bounce from multi-month lows as BOJ trims bond purchases

TOKYO: Japanese government bond yields rose from multi-month lows on Wednesday, buoyed by the Bank of Japan’s (BOJ)...

Published 22 Nov, 2023 11:07am

Forex

Yuan holds steady on another strong fixing, upside seen limited

SHANGHAI: China’s yuan held steady against the dollar on Wednesday as the country’s central bank continued to lend...

Published 22 Nov, 2023 11:05am

Sports

Argentina hand Brazil third straight loss after crowd trouble at Maracana

RIO DE JANEIRO: Nicolas Otamendi scored with a towering header to give Argentina a 1-0 away win over Brazil in a...

Published 22 Nov, 2023 11:03am

Forex

Australia, NZ dollars run into resistance, rally stalls

SYDNEY: The Australian and New Zealand dollars took a breather from recent gains on Wednesday, stopping short of...

Published 22 Nov, 2023 10:56am

Mutual Funds

India bond yields fall as US peers decline

MUMBAI: Indian government bond yields fell on Wednesday tracking US Treasury yields, while investors refrained from...

Published 22 Nov, 2023 10:54am

Stocks

China stocks inch lower as investors await more supportive measures

HONG KONG: China stocks edged down while Hong Kong shares were little changed on Wednesday, as market participants...

Published 22 Nov, 2023 10:50am

Europe

Dutch vote in tight race to pick a new prime minister

AMSTERDAM: Dutch voters cast their ballots on Wednesday in a nail-biting election in which opinion polls show at...

Published 22 Nov, 2023 10:48am

Commodities

Copper eases from two-month peak as dollar finds support

BEIJING: London copper prices slid from its two-month highs on Wednesday due to a firmer US dollar and renewed...

Published 22 Nov, 2023 10:45am

USA

Alaska landslide kills at least 3 people, more believed to be missing

At least three people have been killed, and three others are believed to be missing, in a landslide on the principal...

Published 22 Nov, 2023 10:43am

Sports

World Cup winner Scaloni contemplates walking away from Argentina job

RIO DE JANEIRO: Argentina’s World Cup-winning manager Lionel Scaloni made the stunning admission that he was...

Published 22 Nov, 2023 10:39am

Forex

Indonesian rupiah leads losses among Asian FX, stocks ease

Most Asian currencies and equities eased on Wednesday paring gains clocked in the recent run-up, as investors...

Published 22 Nov, 2023 10:36am

Stocks

Australian shares edge higher as mining and gold stocks advance

Australian shares inched higher on Wednesday, helped by gains in mining and gold stocks, while investors digested...

Published 22 Nov, 2023 10:17am

Stocks

Asia stocks slip as dovish Fed cheer fades

SINGAPORE: Asian stocks backed away from 2-1/2-month high on Wednesday and the dollar found support as investors’...

Published 22 Nov, 2023 10:11am

South Asia

Indian rescuers drill halfway towards workers trapped in tunnel

SILKYARA: Rescuers have drilled about halfway through fallen debris to reach 41 workers trapped for ten days inside...

Published 22 Nov, 2023 10:08am

Shamshad says expecting 2-2.5pc GDP growth

ISLAMABAD: The caretaker Federal Minister for Finance, Revenue and Economic Affairs, Dr Shamshad Akhtar, reported...

Updated 22 Nov, 2023 10:07am

CCoE all set to consider CTBCM final test run report

ISLAMABAD: The Cabinet Committee on Energy (CCoE) is all set to consider Final Test Run Report of the long-awaited...

Updated 22 Nov, 2023 10:07am

PSWF given ownership of 7 profit-making SOEs’ assets

ISLAMABAD: The government has transferred shares/ assets of seven profit making public sector entities to Pakistan...

Updated 22 Nov, 2023 10:06am

‘One-state solution’: FO distances itself from Alvi’s statement

ISLAMABAD: The Foreign Office has distanced itself from President Dr Arif Alvi’s ‘one-state solution’ statement...

Updated 22 Nov, 2023 10:06am

GIDC collection: Rs341bn remains un-utilised

No Gas Infrastructure Development Cess collection has been released to Inter State Gas Systems (Private) Limited (ISGS) since its establishment in 1996

Updated 22 Nov, 2023 10:06am

Stocks

Pharma, energy stocks power Indian shares as global rally fades

BENGALURU: Indian blue-chip indexes recovered from a flat open on Wednesday aided by pharma and energy stocks, while...

Published 22 Nov, 2023 09:53am

Forex

Dollar hovers near 2-1/2-month lows, easing pressure on yen

TOKYO: The dollar index held around 2-1/2-month lows after minutes of the Federal Reserve’s last meeting did little...

Published 22 Nov, 2023 09:51am

SBP adopts ‘VPN technology’ for DAP connectivity

KARACHI: The State Bank of Pakistan (SBP) has decided to adopt network level security by implementing the ‘Virtual...

Updated 22 Nov, 2023 09:22am

IHC declares Imran’s jail trial illegal

ISLAMABAD: The Islamabad High Court (IHC), Tuesday, declared the Law Ministry’s notification dated August 29 for the...

Updated 22 Nov, 2023 09:21am

S African lawmakers vote to suspend diplomatic ties with Israel, shut embassy

CAPE TOWN: South African lawmakers voted on Tuesday in favour of closing down the Israeli embassy in Pretoria and...

Updated 22 Nov, 2023 09:21am

Chinese IPPs: MoF seeks update on payment issues

ISLAMABAD: Ministry of Finance (MoF) has sought updated status from Power Division on commitments made by Caretaker...

Updated 22 Nov, 2023 09:21am

BR’s refresher: your morning briefing for the day

Important updates from November 21, 2023

Published 22 Nov, 2023 09:00am

Musharraf’s trial: SC says LHC not only disregarded but also invalidated its orders

ISLAMABAD: The Supreme Court said the Lahore High Court (LHC) not only disregarded but also invalidated its orders...

Updated 22 Nov, 2023 08:59am

Gaza truce, hostages release: Netanyahu, Hamas chief indicate deal

GAZA/OCCUPIED JERUSALEM: The leader of Hamas said on Tuesday a truce deal with Israel was close and Prime Minister...

Updated 22 Nov, 2023 08:59am

BR Research

Cotton import bill collapses

During the last fiscal year (2022-23), Pakistan’s spinning industry raked in a record cotton import bill of $2.4...

Published 22 Nov, 2023 08:14am

BR Research

Pakistan State Oil

Pakistan State Oil (PSO) is the largest marketing company, and has the largest market share in the OMC sector. It is...

Published 22 Nov, 2023 08:10am

Opinion

PARTLY FACETIOUS: The two most powerful warriors are patience and time

The two most powerful warriors are patience and time “The Purging of Khawar Maneka.” “The more usual word used...

Published 22 Nov, 2023 06:14am

Opinion

Subject of taxation on farm income

This article discusses the issue of availability of food for the poor at affordable prices, economics of agriculture...

Updated 22 Nov, 2023 06:13am

Pakistan

The Weather

KARACHI: The weather report on Tuesday (November 21, 2023) and the forecast for Wednesday (November 22, 2023)...