News Archives for Latest - 2023-11-29

Companies

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

Unknown party claiming compensation in Bitcoin

Updated 30 Nov, 2023 12:11pm

Europe

France opens door to EU talks on Israeli settler sanctions

PARIS: France said on Wednesday that the European Union should consider sanctions on Israeli settlers who have...

Published 29 Nov, 2023 11:34pm

World

Israel army says investigating Hamas report of baby hostage death

JERUSALEM: Israel’s army said Wednesday it was investigating a report by Hamas that a 10-month-old baby hostage, his...

Published 29 Nov, 2023 10:59pm

Europe

Poland to step up checks of exiting Ukrainian trucks

WARSAW: Poland’s government said Wednesday it would conduct “stepped-up checks” of Ukrainian trucks on roads leading...

Published 29 Nov, 2023 11:06pm

South Asia

Indian govt official directed Sikh separatist’s assassination plot in US, DOJ says

NEW YORK: An Indian government official directed an unsuccessful plot to assassinate a Sikh separatist on U.S. soil,...

Updated 29 Nov, 2023 10:57pm

World

WHO says ending Israel-Hamas war a matter of will

GENEVA: The WHO on Wednesday said that a ceasefire between Israel and Hamas was possible but those with influence...

Published 29 Nov, 2023 10:50pm

Pakistan

IHC acquits Nawaz Sharif in Avenfield reference

In a major relief for its supporters, the Islamabad High Court (IHC) on Wednesday acquitted Pakistan Muslim League...

Updated 29 Nov, 2023 10:27pm

Middle East

UAE’s Jaber rejects report on seeking hydrocarbon deals in COP28 meetings

DUBAI: Sultan Al Jaber, the incoming president of the United Arab Emirates-hosted COP28 climate summit, on Wednesday...

Updated 29 Nov, 2023 10:15pm

Forex

Saudi Fund for Development extends term of $3bn deposit for another year: SBP

The $3 billion-deposit agreement was initially signed through the SFD with the SBP in the year 2021

Updated 29 Nov, 2023 09:40pm

Middle East

Israel, Hamas due to release more people amid efforts to extend truce

GAZA/JERUSALEM: Hamas and Israel were expected to release more hostages and prisoners on Wednesday, the last day of...

Updated 29 Nov, 2023 09:39pm

Stocks

TPL Life Insurance, Dar Es Salam Textile Mills move ahead with merger talks

The Board of Directors (BoD) of TPL Life Insurance and Dar Es Salam Textile Mills Limited have approved a scheme of...

Updated 29 Nov, 2023 09:38pm

Pakistan

Caretaker PM meets Kuwait’s First Deputy Prime Minister

Also discusses bilateral ties with Kuwait's crown prince

Updated 29 Nov, 2023 09:38pm

Pakistan

Imran Khan will not take part in intra-party polls, PTI announces

Gohar Khan nominated for PTI chairman

Updated 29 Nov, 2023 09:36pm

Stocks

KSE-100 snaps 7-session rally as profit-taking kicks in

Selling pressure drags benchmark index below 61,000 after it hits record high during trading

Updated 29 Nov, 2023 09:35pm

Asia

Kerry says US and China must ‘win climate battle’ together

DUBAI: China and the United States – the world’s two biggest greenhouse gas polluters – will work together at the UN...

Published 29 Nov, 2023 08:12pm

Stocks

Most Gulf markets drop ahead of OPEC+ meeting; Abu Dhabi gains

Most stock markets in the Gulf were subdued on Wednesday amid volatile oil prices, as investors remained cautious...

Published 29 Nov, 2023 08:02pm

Stocks

Wall St eyes higher open as investors cheer rate cut prospects

Wall Street’s three main indexes were set to open higher on Wednesday as Treasury yields slipped to multi-month lows...

Published 29 Nov, 2023 07:58pm

Middle East

Hamas says youngest hostage, relatives killed in previous Israeli air strike

CAIRO/JERUSALEM: Hamas said on Wednesday that 10-month-old child Kfir Bibas, his 4-year-old brother and their mother...

Published 29 Nov, 2023 07:47pm

Movies & Music

Spotify Wrapped 2023: Atif Aslam, Talha Anjum remain most streamed Pakistani artists

Top songs, artists and listening trends of 2023 revealed

Published 29 Nov, 2023 07:21pm

South Asia

NASA to train Indian astronaut for ISS voyage in deepening space ties

BENGALURU: NASA will train an Indian astronaut for a voyage to the International Space Station as early as next...

Published 29 Nov, 2023 07:02pm

USA

US third-quarter economic growth revised up to 5.2%

WASHINGTON: The US economy grew faster than initially thought in the third quarter, but momentum appears to have...

Published 29 Nov, 2023 06:52pm

Technology

Google opens biggest European cyber centre

MÁLAGA: Google opened its largest cybersecurity centre in Europe on Wednesday, warning that cyberattacks were...

Published 29 Nov, 2023 06:52pm

South Asia

Sri Lanka and creditor nations agree in principle on debt restructuring

COLOMBO/TOKYO: A group of Sri Lanka’s creditor nations and Colombo reached an agreement in principle on debt...

Updated 29 Nov, 2023 06:18pm

Middle East

UAE to pump CO2 into rock as carbon capture debate rages

FUJAIRAH: High in remote mountains in the oil-rich United Arab Emirates, a new plant will soon take atmospheric CO2...

Published 29 Nov, 2023 06:11pm

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

Published 29 Nov, 2023 05:59pm

Forex

Inter-bank: rupee registers back-to-back gains against US dollar

Currency appreciates 0.05%, settles at 285.39 against US dollar

Updated 29 Nov, 2023 05:33pm

Stocks

Open market: rupee unchanged against US dollar

The Pakistani rupee remained unchanged against the US dollar in the open market on Wednesday, while the local...

Updated 29 Nov, 2023 05:32pm

Stocks

Sri Lanka shares mark best day in three weeks after debt restructuring deal

BENGALURU: Sri Lankan shares closed higher on Wednesday, after creditor nations agreed in principle on debt...

Published 29 Nov, 2023 05:31pm

Europe

Kyiv says storms killed 12, 800 villages without power

KYIV: Extreme weather that stormed through Ukraine’s south earlier this week killed 12 people, while bad weather and...

Published 29 Nov, 2023 05:14pm

Stocks

European stock markets climb as bets build on rate cuts

LONDON: Europe’s main stock markets mostly climbed Wednesday as traders ramped up bets on the US Federal Reserve...

Updated 29 Nov, 2023 05:12pm

Cricket

New Zealand trail Bangladesh despite Williamson ton

SYLHET: Kane Williamson struck a defiant century Wednesday but was unable to put New Zealand in control in the first...

Updated 29 Nov, 2023 05:10pm

Middle East

Blinken says to focus on extending Gaza pause on Israel visit

BRUSSELS: US Secretary of State Antony Blinken said Wednesday he would work to prolong a pause in the fighting in...

Published 29 Nov, 2023 05:06pm

Bullion Rate

Gold price per tola jumps Rs2,600 in Pakistan

Gold continued its uptrend in Pakistan as the yellow metal advanced in the international market. On Wednesday, gold...

Published 29 Nov, 2023 04:57pm

Energy

Oil gains ahead of OPEC+ meeting as Black Sea shutdowns support

LONDON: Oil prices rose on Wednesday as investors turned their attention to an OPEC+ meeting to decide on output...

Updated 29 Nov, 2023 04:58pm

World

Global growth to slow but avoid a hard landing: OECD

PARIS: The global economy will slow slightly next year but the risk of a hard landing has subsided despite high...

Published 29 Nov, 2023 04:55pm

Companies

GameStop shares climb on strong volume

Shares of retail traders’ darling GameStop jumped 12.5% in strong premarket trading volume on Wednesday, looking to...

Published 29 Nov, 2023 04:50pm

Companies

GM to buy back $10 billion in shares, cut Cruise spending

General Motors said on Wednesday it will buy back $10 billion in shares and boost its dividend by 33%, even as it...

Published 29 Nov, 2023 04:47pm

Stocks

India’s Nifty 50 reclaims 20,000 as blue-chips surge towards new highs

BENGALURU: India’s blue-chip indexes logged their best day in two weeks on Wednesday, led by high weightage...

Published 29 Nov, 2023 04:43pm

Commodities

Copper ticks lower on firm dollar, nickel extends gains

LONDON: Copper prices eased on Wednesday, hurt by a firmer dollar and persistent worries about the economy in top...

Published 29 Nov, 2023 04:40pm

Commodities

Palm slips ahead of full month output estimates

KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday, weighed down by ringgit gains and better offers from...

Published 29 Nov, 2023 04:38pm

Life & Style

UAE’s Global Carbon Investments to launch ‘one of world’s largest clean cooking initiatives’ in Pakistan

LPG gas tanks, distributed under this initiative, will feature ‘Pay As You Cook’ technology

Published 29 Nov, 2023 04:08pm

Sports

New skipper Shan Masood wants Pakistan to ‘change history’ on Australia tour

LAHORE: Newly appointed skipper Shan Masood set Pakistan a tough target on Wednesday for their forthcoming tour of...

Published 29 Nov, 2023 03:28pm

Pakistan

22 missing Baloch students recovered, IHC told

Court warns of registering case against interim PM Anwaar-ul- Haq Kakar and Interior Minister Sarfaraz Bugti if remaining missing persons not recovered

Published 29 Nov, 2023 03:10pm

Stocks

Banks, insurers weigh on FTSE 100; Aviva slumps

UK’s FTSE 100 slipped on Wednesday, dragged by insurers after Deutsche Bank turned bearish on insurance majors Aviva...

Published 29 Nov, 2023 03:05pm

Energy

OPEC+ talks continue, no meeting delay currently expected, sources say

DUBAI/LONDON: OPEC+ is continuing to hold talks on 2024 oil policy, with no delay to a meeting scheduled for...

Published 29 Nov, 2023 03:01pm

Europe

Russia says it has got lots of requests for meetings with Lavrov at OSCE meeting

MOSCOW: Russia’s foreign ministry said on Wednesday it had received a lot of requests for one-on-one meetings with...

Published 29 Nov, 2023 03:00pm

Forex

Kenyan shilling slips to new low on FX demand from importers

The Kenyan shilling was weaker on Wednesday as demand for dollars from importers and oil marketers weighed on the...

Published 29 Nov, 2023 02:59pm

Europe

Turkiye’s Erdogan welcomes Gaza pause as temporary ‘stop of bloodshed’

ANKARA: Turkiye President Tayyip Erdogan said on Wednesday he welcomed a pause in the war in Gaza and the exchange...

Published 29 Nov, 2023 02:57pm

Sports

‘Exceptional’ Rahul Dravid to stay on as India coach

NEW DELHI: Rahul Dravid will stay on as coach of India, the country’s cricket board said on Wednesday, having led...

Published 29 Nov, 2023 02:29pm

Life & Style

Costa Coffee opens 3rd store in Pakistan, debuts in Islamabad

Costa Coffee, the global coffeehouse giant, has announced the opening of its third store in Pakistan, debuting in...

Updated 29 Nov, 2023 02:05pm

Luxury

Pioneer designer Iris Van Herpen on fashion that goes ‘beyond beauty’

PARIS: For Iris van Herpen, whose radical couture dresses have attracted top musicians like Bjork, Beyonce and Lady...

Published 29 Nov, 2023 01:58pm

Sports

Bangladesh orders probe into Cricket World Cup flop

DHAKA: A three-person committee including former captain Akram Khan will look into Bangladesh’s disappointing World...

Published 29 Nov, 2023 01:41pm

Europe

EU agreement on reducing industrial emissions

BRUSSELS: EU member countries and the European Parliament said Wednesday they have reached a preliminary agreement...

Published 29 Nov, 2023 01:12pm

Stocks

Tokyo stocks end lower

TOKYO: Tokyo stocks ended lower on Wednesday, as a higher yen against the dollar weighed on the market. The...

Updated 29 Nov, 2023 12:51pm

Business & Finance

Thai central bank holds key rate at 2.50%, as expected

BANGKOK: Thailand’s central bank left its key interest rate unchanged on Wednesday, as expected, ending a year-long...

Published 29 Nov, 2023 12:48pm

Forex

South African rand gains after dovish Fed talk, central bank data in sight

JOHANNESBURG: The South African rand gained in early trade on Wednesday after dovish commentary by the US Federal...

Published 29 Nov, 2023 12:47pm

Business & Finance

Saudi’s Kingdom Holding buys $450mn stake in Citigroup from Alwaleed

DUBAI: Saudi Arabian Prince Alwaleed Bin Talal’s investment company Kingdom Holding said on Wednesday it raised its...

Published 29 Nov, 2023 12:46pm

Forex

Russian rouble rebounds against globally weaker dollar

MOSCOW: The Russian rouble rebounded from a more than one-week low against a globally weaker dollar on Wednesday,...

Published 29 Nov, 2023 12:43pm

USA

US Vice President Harris to attend COP28 climate summit in Dubai

US Vice President Kamala Harris will attend the COP28 climate summit in Dubai, Bloomberg News reported on Tuesday,...

Published 29 Nov, 2023 12:26pm

Mutual Funds

Japan yields drop to nearly 3-month lows amid dovish Fed bets

TOKYO: Japanese 10-year government bond yields dropped to the lowest level in nearly three months on Wednesday,...

Published 29 Nov, 2023 12:24pm

Commodities

Soybeans dip even as dry weather hits Brazilian supply outlook

CANBERRA: Chicago soybean futures shed on Wednesday some of the gains from the previous session even as traders...

Updated 29 Nov, 2023 12:08pm

Middle East

Kuwait’s emir admitted to hospital, condition stable

KUWAIT: Kuwait’s Emir Sheikh Nawaf al-Ahmad al-Sabah was admitted to hospital on Wednesday due to an emergency...

Published 29 Nov, 2023 12:06pm

Asia

US military aircraft crashes into ocean near Japan’s Yakushima island

TOKYO: A US military Osprey aircraft crashed into the ocean near Japan’s Yakushima island on Wednesday with eight...

Published 29 Nov, 2023 12:03pm

USA

Argentina’s Milei meets top US officials, seeks IMF reset

WASHINGTON: Argentina’s president-elect Javier Milei met key US officials Tuesday while his advisors held talks with...

Published 29 Nov, 2023 11:58am

Sports

Women’s sport revenues tipped to break $1 billion barrier

LONDON: Global revenues from women’s sport will top $1 billion for the first time in 2024 thanks to an explosion in...

Published 29 Nov, 2023 11:56am

Asia

Thailand welcomes release of two more Thai hostages held by Hamas

BANGKOK: Thai Foreign Minister Parnpree Bahiddha-Nukara welcomed on Wednesday the release of two more Thai hostages...

Published 29 Nov, 2023 11:47am

Forex

Australia, NZ dollars hit 4-month highs, RBNZ stuns with hawkish call

SYDNEY: The Australian and New Zealand dollars hit four-month peaks on Wednesday as markets wagered on early US...

Published 29 Nov, 2023 11:40am

Commodities

Vietnam coffee exports in year to Nov 15 fall 11.7% y/y at 1.33mn tons

HANOI: Coffee exports from Vietnam are estimated to have fallen 11.7% in the year to Nov. 15 from a year earlier to...

Published 29 Nov, 2023 11:37am

Forex

Yuan firms on prospects for US rate cuts, eyes on China PMI data

SHANGHAI: China’s yuan firmed to its strongest against the US dollar in five months on Wednesday, as the dollar...

Published 29 Nov, 2023 11:29am

Companies

Toyota’s October global output hits record despite supplier accident

TOKYO: Toyota Motor said on Wednesday its October global vehicle production hit a record for that month, helped by...

Published 29 Nov, 2023 11:27am

Sports

Pakistan players told to put country before franchise leagues

LAHORE: Pakistan’s contracted players must put national team duty ahead of franchise cricket, team director Mohammad...

Published 29 Nov, 2023 11:25am

Sports

Woods ‘frustrated’ that players were left out of PGA-LIV merger talks

Tiger Woods was left “frustrated” by the lack of player involvement in the PGA Tour’s talks with Saudi Arabia’s...

Published 29 Nov, 2023 11:15am

Stocks

China, Hong Kong stocks decline, weighed by Meituan’s softer guidance

HONG KONG: China and Hong Kong stocks fell on Wednesday, as food delivery giant Meituan’s cautious fourth-quarter...

Published 29 Nov, 2023 11:13am

Asia

China’s top diplomat Wang Yi to visit Vietnam from Thursday

HANOI: China’s top diplomat Wang Yi will visit Vietnam from Thursday, two Vietnamese sources with knowledge of trip...

Published 29 Nov, 2023 11:11am

Sports

Barca have shown ‘winning mentality’ in Champions League, says Xavi

Barcelona manager Xavi said his side have shown a winning mentality in the Champions League after they sealed their...

Published 29 Nov, 2023 11:07am

Bullion Rate

Gold hits near 7-month peak as dollar, yields weaken on Fed rate cut bets

Gold prices touched a nearly seven-month high on Wednesday propelled by an extended decline in the US dollar and...

Published 29 Nov, 2023 11:05am

Europe

Russia attacks Ukraine with 21 drones, three missiles

Russia launched 21 drones and three cruise missiles overnight on Ukraine, Ukraine’s Air Force said on Wednesday,...

Published 29 Nov, 2023 11:02am

Commodities

Palm down on stronger ringgit, better Indonesia offers

KUALA LUMPUR: Malaysian palm oil futures declined on Wednesday, as better offers from larger producer Indonesia and...

Published 29 Nov, 2023 10:56am

Technology

China’s Nio teams up with Geely on auto battery swapping

BEIJING: Chinese automakers Nio and Zhejiang Geely Holding Group said on Wednesday they had signed a strategic...

Published 29 Nov, 2023 10:54am

Technology

Apple to end credit card partnership with Goldman Sachs

Apple is pulling the plug on its credit card partnership with Goldman Sachs Group, the Wall Street Journal reported...

Published 29 Nov, 2023 10:48am

Technology

Second-hand shopping a $1-bln-plus business for Amazon in Europe

LONDON: Consumer demand for refurbished and pre-owned goods in Britain and across Europe has created a billion pound...

Published 29 Nov, 2023 10:45am

Technology

TikTok obtaining Indonesia e-commerce permit

JAKARTA: Short video app TikTok is in the process of obtaining an e-commerce permit from Indonesia’s government,...

Published 29 Nov, 2023 10:42am

Technology

China’s Didi Global app disruption due to software failure, not cyberattack

BEIJING: China’s Didi Global ride-hailing app was disrupted earlier this week by an underlying system software...

Published 29 Nov, 2023 10:39am

Europe

Russia’s Ryabkov warns US against entering new arms race

If the United States expects to win the next arms race then Washington is mistaken, a senior Russian diplomat said...

Published 29 Nov, 2023 10:33am

Forex

Indian rupee to inch up on dovish Fed comments, dollar slump

MUMBAI: The Indian rupee is expected to open marginally higher on Wednesday after dovish comments from Federal...

Published 29 Nov, 2023 10:25am

Mutual Funds

Indian bond yields fall as US Treasury yields decline further

MUMBAI: Indian government bond yields trended lower in early trade on Wednesday, tracking a further decline in US...

Published 29 Nov, 2023 10:23am

World

US FAA tightens aircraft certification oversight after Boeing MAX crashes

WASHINGTON: The Federal Aviation Administration said on Tuesday it had adopted a new aircraft certification policy...

Published 29 Nov, 2023 10:21am

World

‘Tax the bad’ to boost climate finance, COP28 panel advises

Increasing taxes on polluting activities and cutting fossil fuel subsidies could generate trillions of dollars to...

Published 29 Nov, 2023 10:17am

Stocks

Bonds cheer Fed talk of cuts; kiwi flies

SINGAPORE: Asian stocks briefly made one-week highs on Wednesday, bonds rallied and the dollar sank on new hints at...

Published 29 Nov, 2023 10:13am

Stocks

Australia shares extend gains as softer inflation lifts sentiment

Australian shares rose on Wednesday led by gold stocks, as faster-than-expected slowdown in inflation added to bets...

Published 29 Nov, 2023 10:07am

Stocks

Indian shares set to open higher on easing US rate outlook

BENGALURU: Indian shares are set to open higher on Wednesday, tracking a rise in Asian and US peers after dovish...

Published 29 Nov, 2023 10:05am

Forex

Dollar slumps as Fed cuts eyed; Aussie buoyant ahead of inflation data

SINGAPORE: The dollar fell broadly on Wednesday to hit its lowest against the yen in more than two months and...

Published 29 Nov, 2023 09:57am

FY23 sales of immovable properties: WHT collection registers 340.5pc growth YoY

Federal Board of Revenue releases withholding tax data

Updated 29 Nov, 2023 09:51am

UoSC/wheeling charges: Nepra reluctant to approve ‘heavy cost’

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday showed reluctance to approve the...

Updated 29 Nov, 2023 09:49am

Business & Finance

‘Wave 24’ shows 7pc improvement: OICCI unveils promising upswing in business confidence

KARACHI: In its latest Business Confidence Index Survey (BCI) – Wave 24, the Overseas Investors Chamber of Commerce...

Updated 29 Nov, 2023 09:48am

NAC lowers FY23 growth rate to -0.17pc

ISLAMABAD: The National Accounts Committee (NAC) has revised the GDP growth rate downward for the fiscal year...

Updated 29 Nov, 2023 09:19am

PC takes up sale of govt properties with FA

ISLAMABAD: Federal Minister for Privatisation, Fawad Hasan Fawad chaired a meeting of Privatisation Commission with...

Updated 29 Nov, 2023 09:18am

Dispute settlement mechanisms: BoI asked to show ‘flexibility’

ISLAMABAD: The Federal Cabinet has directed Board of Investment (BoI) to show flexibility in adopting an...

Updated 29 Nov, 2023 08:55am

FBR gets data of unregistered sugar buyers

ISLAMABAD: The Federal Board of Revenue (FBR) has obtained data of unregistered buyers of sugar from Sales Tax...

Updated 29 Nov, 2023 08:53am

Pakistan

If conviction of Musharraf upheld ‘then it must be known that it will have consequences...’: SC judge

ISLAMABAD: The Supreme Court said if it upholds former President Pervez Musharraf’s conviction in the high treason...

Updated 29 Nov, 2023 08:52am

IMF team briefed about tax policy reforms

ISLAMABAD: The task force on tax and Federal Board of Revenue (FBR) reforms, Tuesday, briefed the International...

Updated 29 Nov, 2023 08:52am

PIA divestment: PC inks ‘FASA’ with FA

ISLAMABAD: A Financial Services Agreement (FASA) was signed between Privatisation Commission and the Financial...

Updated 29 Nov, 2023 08:51am

BR’s refresher: your morning briefing for the day

Important updates from November 28, 2023

Published 29 Nov, 2023 08:49am

Nepra reserves verdict on KE’s pleas for 20-year licences

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Tuesday reserved determination on K-Electric’s...

Updated 29 Nov, 2023 08:50am

BR Research

Exports: a recovery rooted in fundamentals?

It took 22 months for the stock of banking credit against foreign bill discounting schemes to double from its Covid...

Published 29 Nov, 2023 08:46am

BR Research

Cement prices: Fast in Slovember

For months—and long before this fiscal year began—cement prices have soared without showing any signs of weakness or...

Published 29 Nov, 2023 08:43am

BR Research

Pakistan Oilfields Limited

Pakistan Oilfields Limited (PSX: POL is a subsidiary of the Attock Oil Company Limited (AOC), and is engaged in the...

Published 29 Nov, 2023 08:40am

World

Iran’s Raisi a no-show at summit announced by Erdogan

ANKARA: Iranian President Ebrahim Raisi did not appear on Tuesday at a summit in Ankara that Turkey’s Recep Tayyip...

Updated 29 Nov, 2023 06:03am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (November 28, 2023). ==================================== BR...

Published 29 Nov, 2023 05:57am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (November 28, 2023). ======================================= Offset...

Published 29 Nov, 2023 05:57am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (November 28, 2023)...

Published 29 Nov, 2023 05:56am

Forex

Open market rates of foreign currencies

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

Published 29 Nov, 2023 05:56am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (November 28, 2023). ========================== KIBOR...

Published 29 Nov, 2023 05:56am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 29 Nov, 2023 05:56am

Rates

LME official prices

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

Published 29 Nov, 2023 05:56am

Pakistan

The Weather

KARACHI: The weather report on Tuesday (November 28, 2023) and the forecast for Wednesday (November 29, 2023)...

Published 29 Nov, 2023 05:56am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 28, 2023)....

Published 29 Nov, 2023 05:55am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (November 28, 2023)....

Published 29 Nov, 2023 05:54am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (November 28, 2023). ======================== Open Bid...

Published 29 Nov, 2023 05:53am

Opinion

Tax on windfall income: Banking companies

General, The Finance Act, 2023 introduced a new provision, Section (99D), in the Income Tax Ordinance 2001. Under...

Updated 29 Nov, 2023 05:35am

Opinion

Envisioning Karachi’s energy future

Karachi is seeing a surging energy demand due to its rapid expansion. Diverse industries and commercial activities...

Updated 29 Nov, 2023 05:34am

Opinion

A single fuel regime for Pakistan

Energy in Pakistan has always been a sore point, especially because availability waxes and wanes and so does the...

Updated 29 Nov, 2023 05:32am

Pakistan

LHC orders closure of all commercial activities by 10pm daily

LAHORE: The Lahore High Court on Tuesday proceedings with environmental issues related petitions ordered the closure...