News Archives for Latest - 2023-12-26

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Archive - 2023-12-26

World

Gaza war will go on for months, Israel’s military chief says

JERUSALEM: Israel’s war on Hamas in Gaza will likely go on for many months, the country’s military chief said on...

Published 26 Dec, 2023 11:15pm

Europe

Sweden edges closer to NATO after vote in Turkish parliamentary commission

ANKARA: The Turkish parliament’s foreign affairs commission approved Sweden’s NATO membership bid on Tuesday, in a...

Published 26 Dec, 2023 11:06pm

Pakistan

Shah Mahmood Qureshi detained for 15 days in Adiala jail

DC Rawalpindi issues Qureshi's detention order over his alleged involvement in attack on GHQ

Updated 26 Dec, 2023 10:48pm

Pakistan

ECP warns govt employees against political participation in elections

Officers in Grades 20 and above must obtain leave approval directly from the Commission, according to advisory

Updated 26 Dec, 2023 10:37pm

Middle East

Israel launches more strikes on Gaza as Netanyahu says Hamas must be destroyed

CAIRO/GAZA/JERUSALEM: Israeli shellfire slammed into central Gaza on Tuesday after Prime Minister Benjamin Netanyahu...

Updated 26 Dec, 2023 10:31pm

Sports

PEMRA bans broadcast of surrogate companies' advertisements on media

In case of non-compliance and or repeated violation, legal proceedings under relevant provisions of PEMRA laws shall be initiated

Published 26 Dec, 2023 10:24pm

Companies

Habib Sugar Mills Limited says will buy back 15mn shares

Habib Sugar Mills Limited (HABSM) has decided to buy back up to 15,000,000 ordinary shares through the bourse, it...

Updated 26 Dec, 2023 10:24pm

Energy

Oil rises on Middle East tensions and US rate cut hopes

LONDON: Oil extended gains on Tuesday, finding support from geopolitical tensions in the Middle East and investor...

Updated 26 Dec, 2023 10:19pm

Currency

Open-market: rupee registers minor gain against US dollar

The Pakistani rupee registered slight improvement against the US dollar in the open market on Tuesday, while the...

Updated 26 Dec, 2023 10:13pm

World

Nine Israeli soldiers wounded in Hezbollah strike: army

JERUSALEM: Israel’s military said Tuesday an anti-tank missile fired by Lebanese Hezbollah group wounded nine...

Published 26 Dec, 2023 10:10pm

Pakistan

PTI retains ‘bat’ symbol as PHC suspends ECP’s revocation

Peshawar High Court (PHC) takes up PTI’s petition challenging the Election Commission of Pakistan’s (ECP) of nullifying intra-party polls as unconstitutional and the revocation of the bat symbol

Updated 26 Dec, 2023 10:10pm

World

Four killed in Israeli strike on Iran general in Syria: new toll

BEIRUT: Three more fighters were killed in the Israeli strike that left a senior general with Iran's Revolutionary...

Published 26 Dec, 2023 10:02pm

Pakistan

PM Kakar says prosperity of Balochistan is govt’s key priority

Climate resilience and climate finance should be kept in view in all irrigation projects in the province, caretaker premier says

Published 26 Dec, 2023 10:04pm

Pakistan

Pakistan-deported Afghans waiting for US resettlement

WASHINGTON/ISLAMABAD: Pakistan’s deportation drive has repatriated scores of Afghans awaiting resettlement in the...

Updated 26 Dec, 2023 09:30pm

Stocks

Market bloodbath: KSE-100 sees massive selling, plummets over 4%

Falls 2,534 points on Tuesday, highest decline in terms of points in KSE-100 history

Updated 26 Dec, 2023 09:05pm

Cricket

Rabada takes five wickets but Rahul keeps Indian hopes alive

CENTURION: South African fast bowler Kagiso Rabada took five wickets but a fighting innings by KL Rahul kept Indian...

Updated 26 Dec, 2023 08:25pm

Stocks

Wall St poised for higher open as rate-cut bets strengthen

Wall Street’s main indexes were set to kick off the last week of the year on a positive note on Tuesday as growing...

Published 26 Dec, 2023 07:51pm

South Asia

Blast near Israeli embassy in New Delhi, all staff unharmed

NEW DELHI: A blast occurred near the Israeli embassy in New Delhi on Tuesday evening and all staff were unharmed...

Published 26 Dec, 2023 07:45pm

Forex

Inter-bank: rupee registers 10th successive gain against US dollar

Currency appreciates 0.06%, settles at 282.37 against greenback

Updated 26 Dec, 2023 07:34pm

Pakistan

Sindh govt declares public holiday on December 27

The Sindh government on Tuesday declared a public holiday on December 27 (Wednesday) on account of the 16th death...

Published 26 Dec, 2023 07:34pm

Stocks

Most Gulf markets in black on US rate cut bets

Most stock markets in the Gulf ended higher on Tuesday as cooling U.S. inflation supported the view that the Federal...

Published 26 Dec, 2023 07:01pm

South Asia

Iran’s Raisi to visit Turkiye on Jan. 4 for talks focused on Gaza: Turkish official

ANKARA: Iranian President Ebrahim Raisi will visit Ankara on Jan. 4 to meet his Turkish counterpart Tayyip Erdogan...

Published 26 Dec, 2023 06:58pm

Energy

Iran says oil exports at $26.4bn in past nine months

DUBAI: Iran’s oil exports have reached $26.46 billion since March, Iranian state media reported on Tuesday, the...

Published 26 Dec, 2023 06:43pm

Companies

Co-working space startup Kickstart raises Rs200mn to expand footprint in Karachi

Kickstart, a Pakistani co-working space firm, has raised Rs200 million from Vital Group to expand the company’s...

Published 26 Dec, 2023 05:44pm

Cricket

Pakistan appoints Yasir Arafat cricket team’s high performance coach

KARACHI: Pakistan appointed former allrounder Yasir Arafat its national cricket team high performance coach on...

Published 26 Dec, 2023 05:34pm

Currency

Indian rupee ends slightly lower on oil companies’ dollar bids

MUMBAI: The Indian rupee weakened on Tuesday, despite gains in most other Asian peers, as dollar demand from...

Published 26 Dec, 2023 05:07pm

Middle East

Israeli minister hints at retaliatory actions taken in Iraq, Yemen, Iran

JERUSALEM: Israeli Defence Minister Yoav Gallant hinted on Tuesday that the country had retaliated in Iraq, Yemen...

Published 26 Dec, 2023 04:53pm

Stocks

Metals, energy stocks power gains in Indian benchmarks

BENGALURU: Indian benchmarks settled higher on Tuesday lifted by gains in energy and metal companies, with rising...

Published 26 Dec, 2023 04:46pm

Commodities

Palm oil rises on Dalian strength but low trading limits gains

KUALA LUMPUR: Malaysian palm oil futures ticked up on Tuesday as trading resumed after a long holiday weekend, with...

Published 26 Dec, 2023 04:43pm

Movies & Music

Actor Charlie Sheen attacked in his Malibu home, suspect arrested

LOS ANGELES: Actor Charlie Sheen was attacked in his luxury Malibu home, police said Friday, with the suspect...

Published 26 Dec, 2023 04:30pm

Middle East

Vessel near Yemen said to report drones, explosions in Red Sea

DUBAI: Two explosions in the Red Sea were reported by a vessel sailing off the coast of Yemen on Tuesday shortly...

Updated 26 Dec, 2023 04:28pm

Movies & Music

Dozens of French actors denounce ‘lynching’ of Depardieu

PARIS: Nearly 60 French actors and other prominent figures have denounced the “lynching” of disgraced cinema legend...

Published 26 Dec, 2023 04:23pm

Bullion Rate

Gold price per tola increases Rs300 in Pakistan

Gold rates in Pakistan increased on Tuesday, while the international rate of the yellow metal remained unchanged....

Published 26 Dec, 2023 04:23pm

Forex

Russian rouble little changed in sluggish trading

MOSCOW: The Russian rouble has been broadly steady against the US dollar and euro on Tuesday in thin trading, with...

Published 26 Dec, 2023 03:50pm

Europe

Putin informed of damage to warship from Ukraine attack

MOSCOW: Russian Defence Minister Sergei Shoigu on Tuesday told President Vladimir Putin that Ukraine had attacked...

Published 26 Dec, 2023 03:40pm

Middle East

Israeli forces kill 2 Palestinians in West Bank raid: ministry

RAMALLAH: Israeli forces killed two Palestinians on Tuesday in a raid on a refugee camp near the occupied West Bank...

Published 26 Dec, 2023 03:37pm

Business & Finance

Intel to get $3.2 billion government grant for new $25 billion Israel chip plant

OCCUPIED JERUSALEM: Israel’s government agreed to give Intel Corp a $3.2 billion grant for new $25 billion chip...

Published 26 Dec, 2023 03:07pm

Europe

Navalny says he’s ‘fine’ after transfer to Arctic penal colony

MOSCOW: Russian opposition leader Alexei Navalny on Tuesday said he was “fine” after a “pretty exhausting” 20-day...

Published 26 Dec, 2023 02:41pm

Stocks

Major Gulf bourses mixed in early trade

Major stock markets in the Gulf were mixed in early trade on Tuesday on optimism that the US Federal Reserve would...

Published 26 Dec, 2023 01:31pm

Sports

Labuschagne immovable as Australia frustrate Pakistan in 2nd Test

MELBOURNE: A stubborn Marnus Labuschagne weathered a storm to help steer Australia to 187-3 on a rain-disrupted...

Updated 26 Dec, 2023 01:23pm

Commodities

Shanghai zinc posts 8th straight gain on supply worry

Shanghai zinc futures rose for the eighth consecutive session on Tuesday, on falling inventory and worry about...

Published 26 Dec, 2023 01:12pm

South Asia

Indian navy bolsters Arabian Sea forces after attacks

MUMBAI: India’s navy said it is deploying three warships and reconnaissance aircraft in the Arabian Sea to “maintain...

Published 26 Dec, 2023 12:56pm

Europe

Ukrainian attack kills 1, injures 2 in Russian-held Crimea: governor

MOSCOW: A Ukrainian attack on the Crimean port town of Feodosia on Tuesday killed one person and injured two others,...

Updated 26 Dec, 2023 12:42pm

South Asia

Dense fog disrupts flights and trains in New Delhi

NEW DELHI: Flight and rail services in India’s capital city of New Delhi were disrupted on Tuesday morning as a...

Published 26 Dec, 2023 12:24pm

Mutual Funds

JGB yields edge higher, 2-year auction tepid as traders eye BOJ shift

TOKYO: Japanese government bond yields edged higher on Tuesday and an auction of two-year notes met tepid demand...

Published 26 Dec, 2023 12:16pm

Business & Finance

Singapore Nov core inflation slows to 3.2% y/y

SINGAPORE: Singapore’s key consumer price gauge slowed to 3.2% in November on the year, in line with expectations,...

Published 26 Dec, 2023 12:14pm

Sports

Afghan trio sanctioned for prioritising franchise leagues

KABUL: The Afghan trio of Mujeeb Ur Rahman, Fazalhaq Farooqi and Naveen Ul Haq had their annual contracts delayed...

Published 26 Dec, 2023 12:13pm

Forex

Most Asian equities, currencies edge higher on rising US rate cut bets

Most Asian currencies and equities strengthened on Tuesday, with the Malaysian ringgit hovering at more than a...

Published 26 Dec, 2023 12:05pm

Commodities

Shanghai aluminium rises for ninth session amid supply concerns

Shanghai aluminium futures rose on Tuesday, set for their ninth straight session of gains, on falling inventories in...

Published 26 Dec, 2023 12:02pm

Europe

Five bodies found in apartment near Paris: prosecutors

BOBIGNY: Five dead bodies were found on Christmas Day in an apartment in the town of Meaux to the east of Paris, the...

Published 26 Dec, 2023 11:57am

South Asia

Plane held for days in France on trafficking concerns lands in India

MUMBAI: A plane that had been grounded in France for days over concerns its roughly 300 mostly Indian passengers...

Published 26 Dec, 2023 11:50am

Companies

Toyota’s Daihatsu suspends all domestic production

TOKYO: Japanese car maker Daihatsu has suspended all its domestic production as the Toyota-owned company faces a...

Published 26 Dec, 2023 11:43am

Sports

Khawaja accuses ICC of double standards over Gaza support

MELBOURNE: Australia opener Usman Khawaja has again accused the International Cricket Council (ICC) of double...

Published 26 Dec, 2023 11:30am

Sports

Chelsea’s poor disciplinary record caused by lack of experience: Pochettino

Chelsea’s league-high tally of 56 yellow cards can be attributed to a lack of experience, manager Mauricio...

Published 26 Dec, 2023 11:21am

Commodities

Palm oil rises on stronger Dalian contracts

KUALA LUMPUR: Malaysian palm oil futures opened higher on Tuesday as trading resumed after a long holiday weekend,...

Published 26 Dec, 2023 11:19am

Energy

Iran lowers January light crude price to Asia

Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $3.60 a...

Published 26 Dec, 2023 11:13am

Commodities

Dalian iron ore rises on China stimulus hope, demand outlook

SINGAPORE: Iron ore futures rose on Tuesday, buoyed by expectations of economic stimulus measures to shore up the...

Published 26 Dec, 2023 11:01am

Bullion Rate

Gold gains as Fed rate cut bets boost appeal

Gold prices rose in holiday-thinned trade on Tuesday as the US dollar and bond yields weakened on growing prospects...

Published 26 Dec, 2023 10:59am

Middle East

Israel PM says Hamas must be destroyed for peace

CAIRO/GAZA/OCCUPIED JERUSALEM: Israeli Prime Minister Benjamin Netanyahu has vowed to keep fighting in Gaza until...

Published 26 Dec, 2023 10:55am

Pakistan

ECP releases data of total candidates

ISLAMABAD: Over 28,626 candidates for both national and provincial assemblies have submitted their nomination papers...

Updated 26 Dec, 2023 10:53am

Stocks

China stocks drop, led by semiconductor shares; HK market close

SHANGHAI: China stocks declined on Tuesday, dragged down by semiconductor shares, while gaming stocks stabilised...

Published 26 Dec, 2023 10:38am

Mutual Funds

Lack of cues, volume leads to flattish India bonds in last week of 2023

MUMBAI: Indian government bond yields started the last week of 2023 on a flattish note, with traders staying on the...

Published 26 Dec, 2023 10:35am

Forex

Indian rupee flat, forward premiums up on rising Fed rate cut bets

MUMBAI: The Indian rupee was barely changed on Tuesday as local dollar demand continued to limit gains even as the...

Published 26 Dec, 2023 10:33am

Forex

China’s yuan edges lower as expectations rise for policy easing

SHANGHAI: China’s yuan weakened slightly against the dollar on Tuesday while Chinese bond prices rose, amid rising...

Published 26 Dec, 2023 10:31am

Asia

China expects searing heat, more weather extremes in 2024

BEIJING: China - grappling with one of its coldest Decembers on record - will likely have to brace for another round...

Published 26 Dec, 2023 10:30am

Stocks

Asian stocks stutter, dollar drifts as US rate cut bets rise

SINGAPORE: Asian stocks traded tentatively on Tuesday, while the dollar lurked near a five-month low as cooling US...

Published 26 Dec, 2023 10:24am

Stocks

Indian shares open higher, tracking Asia on US rate cut optimism

BENGALURU: Indian shares opened higher at start of the last trading week of 2023, tracking gains in some Asian...

Published 26 Dec, 2023 10:11am

Stocks

Japan’s Nikkei treads water in thin trading; retailers sag

TOKYO: Japan’s Nikkei share average was little changed on Tuesday as declines for retailers and auto shares were...

Published 26 Dec, 2023 10:08am

Asia

Indonesia nickel plant explosion death toll rises to 18

JAKARTA: The death toll after an explosion at a Chinese-funded nickel-processing plant in eastern Indonesia over the...

Published 26 Dec, 2023 10:05am

Open market exchange rate calculation: Mechanism finds favour with ECAP

Exchange Companies Association of Pakistan appreciates State Bank of Pakistan’s efforts for stability of exchange rate

Updated 26 Dec, 2023 10:02am

High court suspends 40pc additional tax on windfall income of banks

ISLAMABAD: After Islamabad and Lahore High Courts, the Sindh High Court (SHC) has also suspended the SRO...

Updated 26 Dec, 2023 09:56am

Forex

Dollar struggles to gain footing in thin trade; yen steady

SINGAPORE: The dollar was trying to find a floor on Tuesday in holiday-thinned trade, pressured by signs that...

Published 26 Dec, 2023 09:53am

Elections: IGP, DC Islamabad removed

ISLAMABAD: In line with the orders of Election Commission of Pakistan (ECP), IGP Islamabad Akbar Nasir Khan and...

Updated 26 Dec, 2023 09:49am

Business & Finance

Jan 1 to Dec 22, 2023: FIPI net buying soars $52.16m to $75.398m YoY

KARACHI: The bullish trend at Pakistan equity market with increasing benchmark index recording highest levels has...

Updated 26 Dec, 2023 09:49am

Bilawal talks about PPP govt’s performance in Sindh

SHAHEED BENAZIRABAD: Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has termed the economic crisis,...

Updated 26 Dec, 2023 09:36am

Scrutiny of nominations: ECP sets up panel

ISLAMABAD: The electoral organisation has announced to have set up a facilitation centre, to be assisted by the...

Updated 26 Dec, 2023 09:35am

290 Baloch protesters released: govt

ISLAMABAD: The government claimed on Monday that 290 Baloch protesters have been released who were detained in a...

Updated 26 Dec, 2023 09:12am

$400m ‘Pakistan Raises Revenue’ project: World Bank rates implementation progress moderately satisfactory

ISLAMABAD: The World Bank has rated the overall implementation progress of Pakistan Raises Revenue project of worth...

Updated 26 Dec, 2023 09:11am

BR Research

Surge in IT exports

The upward trend in ICT exports is a good sign for the economy is stagnation. The country’s IT sector exports have...

Published 26 Dec, 2023 08:58am

BR’s refresher: your morning briefing for the day

Important updates from December 25, 2023

Published 26 Dec, 2023 08:52am

BR Research

Ados Pakistan Limited

Ados Pakistan Limited (PSX: ADOS) was incorporated in Pakistan as a private limited company in 1986 and was...

Published 26 Dec, 2023 08:55am

Pope decries Gaza’s ‘appalling harvest’ of civilian deaths

VATICAN CITY: Pope Francis said in his Christmas message on Monday that children dying in wars, including in Gaza,...

Updated 26 Dec, 2023 08:54am

Nation to stand resolute, strong against enemies: COAS

RAWALPINDI: Chief of Army Staff (COAS) General Syed Asim Munir on Monday said that the nation would have to stand...

Updated 26 Dec, 2023 08:54am

World

Yandex’s restructuring deal expected to be delayed to next year

MOSCOW: The completion of Nasdaq-listed Russian tech company Yandex’s restructuring is expected to be postponed...

Updated 26 Dec, 2023 05:16am

Opinion

Exacerbating the problem

The state’s penchant for turning a molehill into a mountain has been on ‘glorious’ display in Islamabad these...

Updated 26 Dec, 2023 05:06am

World

Turkey retaliates after troops killed in Iraq

ANKARA: Turkey said on Monday its air force “neutralised” 26 Kurdish militants in strikes in Syria and northern...

Updated 26 Dec, 2023 05:04am

World

Netanyahu says military pressure needed to free hostages

JERUSALEM: Prime Minister Benjamin Netanyahu said on Monday that Israel would not succeed in freeing the remaining...

Updated 26 Dec, 2023 05:03am

Middle East

Two Kuwaiti nationals kidnapped in Iraqi desert

ANBAR, (Iraq): Two Kuwaitis were kidnapped while on a hunting trip in a desert area in Iraq on Sunday, two security...

Updated 26 Dec, 2023 05:01am

Pakistan

The Weather

KARACHI: The weather report on Monday (December 25, 2022) and the forecast for Tuesday (December 26, 2022)....