News Archives for Latest - 2024-01-16

Europe

Jordan’s PM says peace with Israel remains strategic choice despite Gaza war

DAVOS: Jordan’s Prime Minister Bisher al Khasawaneh said on Tuesday that peace with Israel remained a strategic...

Published 16 Jan, 2024 11:56pm

Cricket

Zimbabwe record first T20 win over Sri Lanka

COLOMBO: Zimbabwe celebrated Tuesday after winning their first T20 international against Sri Lanka in dramatic...

Updated 16 Jan, 2024 11:23pm

Perspectives

If the Palestinian cause isn’t resolved now, then it never will

The day after the war. The unspoken and untenable situation that nobody has wanted to speak about. Certainly not the...

Updated 16 Jan, 2024 11:21pm

World

Blinken says Arab countries not keen to rebuild Gaza if it will be ‘leveled’ again

Arab countries are not keen to get involved in the rebuilding of Gaza if the Palestinian enclave will be “leveled”...

Published 16 Jan, 2024 11:09pm

World

US targets Houthi anti-ship missiles in new strike on Yemen, officials say

WASHINGTON: The U.S. military on Tuesday carried out a new strike in Yemen against four Houthi anti-ship ballistic...

Published 16 Jan, 2024 11:01pm

Middle East

Israeli tanks storm back into north Gaza areas where they had withdrawn

GAZA/ISRAEL-GAZA BORDER: Israeli tanks stormed back into parts of the northern Gaza Strip they had left last week,...

Updated 16 Jan, 2024 10:55pm

Companies

Proposed acquisition: HUBCO board authorises negotiations with SECMC

Hub Power Company Limited (HUBCO) announced on Tuesday that its board has authorised it to enter negotiations and...

Updated 16 Jan, 2024 10:54pm

Stocks

KSE-100 extends losses amid lack of positive triggers

Benchmark index falls 0.83% on Tuesday

Updated 16 Jan, 2024 10:53pm

Markets

KAPCO places bid to acquire majority stake in Tenaga Generasi Limited

Kot Addu Power Company Limited (KAPCO) has placed a bid to acquire a majority stake in Tenaga Generasi Limited...

Updated 16 Jan, 2024 10:53pm

Energy

LNG tankers carrying Qatari LNG resume course, data shows

LNG tanker Al Rekayyat resumes sailing through the Red Sea and is heading to Qatar, the data showed, after having been stopped since Jan. 13 along its Red Sea route.

Updated 16 Jan, 2024 10:45pm

Companies

Shell suspends all Red Sea shipments: WSJ

British oil major Shell suspended all shipments through the Red Sea indefinitely after US and U.K. strikes on...

Updated 16 Jan, 2024 09:47pm

Pakistan

Sheikh Rashid arrested in May 9 case

Rashid's lawyer claims the former interior minister moved to an undisclosed location

Updated 16 Jan, 2024 09:41pm

Pakistan

JIT formed to probe ‘malicious campaign’ against Supreme Court judges

The caretaker government on Tuesday formed a joint investigation team (JIT) to probe the “malicious campaign” on...

Updated 16 Jan, 2024 09:40pm

Middle East

Saudis could recognise Israel if Palestinian issue resolved: foreign minister

At WEF, Prince Faisal says securing regional peace through creation of Palestinian state is 'something we have been indeed working on with the US administration, and it is more relevant in the context of Gaza'

Updated 16 Jan, 2024 09:36pm

Sports

President’s Trophy: Muhammad Akhlaq, Ali Shafique shine on second day of round 6

The second day of the sixth round of President’s Trophy 2023-24 Grade-I saw some brilliant performances as Water and...

Published 16 Jan, 2024 09:16pm

Money & Banking

US Fed ‘within striking distance’ of inflation target: official

WASHINGTON: The US Federal Reserve is “within striking distance” of reaching its long-term inflation target, and...

Published 16 Jan, 2024 09:14pm

Stocks

US stocks fall on first trading day of week

WASHINGTON: US stocks declined in early trading Tuesday, as two banking giants reported earnings results and...

Published 16 Jan, 2024 08:14pm

Pakistan

Founder’s Day celebrated at Hub Cadet College

The Hub School, now the Hub Cadet College, celebrated its Founder’s Day with speeches by chief guest Javed Jabbar,...

Published 16 Jan, 2024 07:43pm

Commodities

Gold price per tola decreases Rs600 in Pakistan

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

Updated 16 Jan, 2024 07:35pm

Stocks

Most Gulf markets retreat on interest rate worries

Most stock markets in the Gulf ended lower on Tuesday, in line with global shares, as markets dialled down bets that...

Published 16 Jan, 2024 07:32pm

Energy

Oil prices rise 1% on flaring Middle East tensions

Oil prices rose by around 1% on Tuesday, as investors weighed the impact of tensions in the Middle East. Brent crude...

Updated 16 Jan, 2024 07:11pm

Movies & Music

Swifties’ enthusiasm for their idol’s tour boosts travel demand in Europe

Taylor Swift fans, commonly known as ‘Swifties’, are spurring massive air travel demand in Europe as they follow...

Published 16 Jan, 2024 06:56pm

Forex

Rupee depreciates marginally, settles at 280.25 against US dollar

Falls Re0.01 in inter-bank market on Tuesday

Updated 16 Jan, 2024 06:52pm

Middle East

Palestinian says Israeli soldiers used him as human shield in West Bank

DURA: A Palestinian shop owner said Israeli troops used him as a human shield to protect themselves during a raid on...

Updated 16 Jan, 2024 06:33pm

Europe

‘Europe must up its game’ on AI: von der Leyen

DAVOS: EU chief Ursula von der Leyen told Davos on Tuesday that “Europe must up its game” on artificial...

Published 16 Jan, 2024 05:58pm

Asia

China premier says ‘red line’ needed in AI development

DAVOS: Chinese Premier Li Qiang said on Tuesday there must be a red line that is not crossed in the development of...

Published 16 Jan, 2024 06:01pm

Stocks

Stock markets down on rate cut, Middle East uncertainty

LONDON: Major stock markets dropped Tuesday as hopes of early interest rate cuts this year fade and tensions mount...

Updated 16 Jan, 2024 05:55pm

Pakistan

Imran, Bushra Bibi indicted in ‘illegal’ Nikkah case

A local Islamabad court on Tuesday indicted Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his wife Bushra...

Published 16 Jan, 2024 05:51pm

Stocks

Sri Lanka shares end lower for sixth straight day as consumer staples, industrials weigh

BENGALURU: Sri Lankan shares closed lower on Tuesday for the sixth straight session, dragged by losses in consumer...

Published 16 Jan, 2024 05:52pm

Europe

Blinken promises Zelensky US will sustain support for Ukraine

DAVOS: Secretary of State Antony Blinken promised sustained US support for Ukraine in a meeting Tuesday with...

Published 16 Jan, 2024 05:50pm

Asia

North Korean, Russian FMs hail ties at Moscow talks

MOSCOW: The Russian and North Korean foreign ministers on Tuesday hailed deepening ties between their authoritarian...

Published 16 Jan, 2024 05:46pm

Sports

Zverev puts aside off-court worries to battle on at Australian Open

MELBOURNE: Alexander Zverev put aside off-court legal problems to battle past fellow German Dominik Koepfer and into...

Published 16 Jan, 2024 05:41pm

Middle East

Cargo ship hit by missile off Yemen: maritime risk company

DUBAI: A Greek-owned cargo ship was hit by a missile off Yemen, a maritime risk management company said on Tuesday,...

Published 16 Jan, 2024 05:36pm

Markets

China Construction Bank lists $600m green bond on Nasdaq Dubai

Nasdaq Dubai 'solidifies its position as a global leader in creating an ecosystem that fosters sustainable financing' says its CEO

Published 16 Jan, 2024 05:30pm

Life & Style

Ben & Jerry’s calls for permanent ceasefire in Gaza: report

American ice-cream brand Ben & Jerry’s has called for a permanent ceasefire in Gaza, remarks that risk...

Published 16 Jan, 2024 04:49pm

Stocks

IT drags Indian shares after recent rally; HDFC Bank results eyed

BENGALURU: Indian shares fell on Tuesday, dragged by a pullback in high-weightage IT stocks after a recent rally,...

Published 16 Jan, 2024 04:46pm

Commodities

Copper slips on firm dollar, offset by China stimulus hopes

LONDON: Copper prices dipped on Tuesday due to a buoyant dollar, but losses were curbed by fresh hopes for more...

Published 16 Jan, 2024 04:44pm

Commodities

Palm ends higher as India extends lower duty on edible oil imports

KUALA LUMPUR: Malaysian palm oil futures closed higher on Tuesday, driven by top importer India’s move to allow...

Published 16 Jan, 2024 04:38pm

Pakistan

Pakistan election symbols and their importance

ISLAMABAD: The party of former Pakistan prime minister Imran Khan has been stripped of its traditional electoral...

Published 16 Jan, 2024 03:28pm

Sports

Raducanu breezes into Australian Open second round

MELBOURNE: Former US Open champion Emma Raducanu posted an impressive 6-3, 6-2 win over American Shelby Rogers...

Published 16 Jan, 2024 03:26pm

Luxury

Sale of $25mn-plus homes doubles in Dubai, cements its ‘ultra-luxury’ status

The sale of top-tier luxury homes – $25 million (DHS92 million) and above – doubled to 56 the past year in Dubai,...

Published 16 Jan, 2024 03:25pm

Energy

Shell agrees to sell its Nigeria onshore oil business for $2.4bn

LONDON: Shell has agreed to sell its Nigerian onshore oil and gas subsidiary in Nigeria to Renaissance, a consortium...

Published 16 Jan, 2024 03:10pm

Sports

England women’s coach Wiegman extends contract to 2027

Sarina Wiegman has extended her contract as England women’s coach and will remain in charge of the team for the 2027...

Published 16 Jan, 2024 03:09pm

Forex

Kenyan shilling falls and is expected to weaken further

Kenya’s shilling fell on Tuesday and is expected to continue to weaken in the near term because of persistent...

Published 16 Jan, 2024 03:08pm

Asia

China’s Xi stresses high-quality development of financial sector

BEIJING: China’s President Xi Jinping on Tuesday stressed the high-quality development of China’s financial sector...

Published 16 Jan, 2024 02:54pm

Ministries, Divisions told: ‘Submit no summary contrary to IMF commitments’

ISLAMABAD: The Ministry of Finance has barred all ministries/ Divisions from submitting any summary to the Federal...

Updated 16 Jan, 2024 02:53pm

Business & Finance

Japan finance minister says he discussed debt restructuring progress with Sri Lanka

TOKYO: Japanese Finance Minister Shunichi Suzuki said on Tuesday he discussed the progress of debt restructuring...

Published 16 Jan, 2024 02:46pm

Europe

Putin to meet North Korea’s foreign minister, Kremlin says

MOSCOW: Russian President Vladimir Putin will meet North Korean Foreign Minister Choe Son Hui on Tuesday, Kremlin...

Published 16 Jan, 2024 02:44pm

Europe

Mandatory path to two-state solution key to stability in Israel and Palestinian territory: Qatar PM

DAVOS: Requiring Israel to agree to a time-bound, mandatory path to a two-state solution is key to future stability...

Published 16 Jan, 2024 02:41pm

Asia

Japan’s Tepco to start fourth release of treated Fukushima water in late February

TOKYO: Tokyo Electric Power Company (Tepco) plans to start a fourth release of treated radioactive water from the...

Published 16 Jan, 2024 02:34pm

Forex

Russian rouble steadies after hitting more than six-month high

MOSCOW: The Russian rouble stabilised on Tuesday, consolidating sharp gains made in the previous session when the...

Published 16 Jan, 2024 02:29pm

Stocks

UK’s FTSE 100 hits one-month low as global sentiment sours

London’s blue-chip FTSE 100 index hit a one-month low on Tuesday, hurt by risk-off moves in Asia and Europe as...

Published 16 Jan, 2024 02:27pm

Stocks

Major Gulf markets fall on hawkish interest rate commentary

Major stock markets in the Gulf were subdued in early trade on Tuesday as hawkish remarks from central bankers...

Published 16 Jan, 2024 02:25pm

Movies & Music

Elton John gets EGOT with Emmys win

LOS ANGELES: Legendary entertainer Elton John on Monday joined a select club of winners of the awards grand slam –...

Published 16 Jan, 2024 01:43pm

Commodities

Soybeans and corn steady after falling to multi-year lows on ample supply

CANBERRA: Chicago corn and soybean futures regained some ground on Tuesday after data showing strong US production...

Published 16 Jan, 2024 01:08pm

Technology

Vodafone signs $1.5bn Microsoft deal for AI, cloud and IoT

LONDON: Vodafone has agreed a 10-year partnership with Microsoft to bring generative AI, digital, enterprise and...

Published 16 Jan, 2024 01:04pm

Business & Finance

German inflation rises to 3.8% in December

BERLIN: German inflation rose in December to 3.8%, the federal statistics office said on Tuesday, confirming...

Published 16 Jan, 2024 01:02pm

Forex

Sterling falls after UK wage growth slows

LONDON: The pound fell on Tuesday after data showed the growth in British wages slowed in November, supporting bets...

Published 16 Jan, 2024 12:55pm

Asia

North Korea’s Kim calls for South to be seen as ‘primary foe’, warns of war

SEOUL: North Korean leader Kim Jong Un on Monday called for the constitution to be changed to ensure that South...

Updated 16 Jan, 2024 12:46pm

Commodities

Egypt agrees to buy 100,000 tons of imported raw sugar

Egypt’s state grains buyer the General Authority for Supply Commodities (GASC) struck a deal to buy 100,000 tons of...

Published 16 Jan, 2024 12:43pm

Technology

Binance Thailand opens crypto exchange for trading

BANGKOK: Binance Thailand has opened its cryptocurrency exchange in Thailand for trading, the company said on...

Published 16 Jan, 2024 12:42pm

Forex

South African rand weakens as Red Sea tensions push dollar up

JOHANNESBURG: South Africa’s rand weakened early on Tuesday as more attacks on ships in the Red Sea weighed on risk...

Published 16 Jan, 2024 12:40pm

Business & Finance

Next move is a rate cut but date is open question: ECB’s Villeroy

The European Central Bank cannot yet declare victory over inflation but its next move is likely to be an interest...

Published 16 Jan, 2024 12:38pm

Middle East

Iran says Revolutionary Guards attack Israel’s ‘spy HQ’ in Iraq, vow more revenge

DUBAI/BAGHDAD: Iran’s Revolutionary Guards said they attacked the “spy headquarters” of Israel in Iraq’s...

Updated 16 Jan, 2024 12:33pm

Sports

Kerber undeterred after hitting Grand Slam comeback roadblock in Australia

MELBOURNE: Angelique Kerber’s Grand Slam comeback ended with a whimper in the first round of the Australian Open on...

Published 16 Jan, 2024 12:32pm

Europe

China bids to woo back global elites at Davos forum

DAVOS: China will put on a show of force Tuesday with a large delegation represented by Prime Minister Li Qiang at...

Published 16 Jan, 2024 12:30pm

Europe

France’s Macron to finally meet press after cabinet reshuffle

PARIS: France’s President Emmanuel Macron is to answer questions from the media at a rare press conference on...

Published 16 Jan, 2024 12:28pm

Sports

West Indies look to spring surprise on Australia

ADELAIDE: Australia head into the two-Test series against the West Indies beginning in Adelaide Wednesday as the...

Published 16 Jan, 2024 12:27pm

World

Mauritius raises cyclone alert to maximum

PORT LOUIS: Mauritius raised a cyclone warning alert to maximum on Tuesday and told its inhabitants to stay indoors,...

Published 16 Jan, 2024 12:25pm

Sports

Grigor Dimitrov cuts out errors to progress at Australian Open

MELBOURNE: Grigor Dimitrov recovered from a rocky start to see off the challenge of Marton Fucsovics and reach the...

Published 16 Jan, 2024 12:21pm

Technology

OpenAI to launch anti-disinformation tools for 2024 elections

SAN FRANCISCO: ChatGPT maker OpenAI has said it will introduce tools to combat disinformation ahead of the dozens of...

Published 16 Jan, 2024 12:11pm

Stocks

Tokyo stocks snap winning streak to end lower

TOKYO: Tokyo stocks closed lower on Tuesday, snapping a six-day winning streak on profit-taking, after European...

Updated 16 Jan, 2024 12:09pm

Movies & Music

‘Succession,’ ‘The Bear’ prevail at nostalgic Emmy Awards

LOS ANGELES: Media dynasty drama ‘Succession’ and restaurant dramedy ‘The Bear’ dominated the Emmy Awards on Monday,...

Published 16 Jan, 2024 12:00pm

Sports

Rafa Nadal named Saudi Tennis Federation ambassador

MELBOURNE: Rafa Nadal said there is real potential to grow the sport of tennis in Saudi Arabia after the 22-times...

Published 16 Jan, 2024 11:58am

Europe

Ukraine launches drone attack on Russia’s Voronezh

Russia’s air defence systems destroyed three Ukraine-launched drones over the southwestern region of Voronezh that...

Published 16 Jan, 2024 11:56am

Europe

Ukraine foreign minister muses about ‘punching’ Russia’s Lavrov

Ukrainian Foreign Minister Dmytro Kuleba, in an interview made public on Monday, said there had been times when he...

Published 16 Jan, 2024 11:51am

Sports

Lionel Scaloni to remain as Argentina coach for Copa America

Lionel Scaloni will stay on as Argentina’s coach at least until the end of this summer’s Copa America, where the...

Published 16 Jan, 2024 11:47am

Stocks

Stocks slide, dollar gains on rates outlook jitters

SINGAPORE: Asian shares dropped to a one-month low, US stock futures fell and the dollar rose on Tuesday as hawkish...

Published 16 Jan, 2024 11:43am

Sports

Naomi Osaka still keen to keep busy after early Australian Open exit

MELBOURNE: Naomi Osaka plans to jump straight back into action following her early Australian Open exit on Monday,...

Published 16 Jan, 2024 11:25am

Asia

US military helicopters to deploy to Japan’s earthquake-hit area

TOKYO: US military helicopters in Japan are set to deploy to the earthquake-hit Noto peninsula on the country’s west...

Published 16 Jan, 2024 11:20am

Commodities

Palm gains on weaker ringgit, stronger crude oil prices

KUALA LUMPUR: Malaysian palm oil futures opened higher on Tuesday, buoyed by a weaker ringgit and gains in crude oil...

Published 16 Jan, 2024 11:17am

Sports

Iga Swiatek suppresses Sofia Kenin challenge to reach second round

MELBOURNE: World number one Iga Swiatek overcame a strong early challenge from former champion Sofia Kenin to reach...

Published 16 Jan, 2024 11:16am

South Asia

Indian air traffic disrupted on third day of dense fog

Dense fog swathed large parts of northern India on Tuesday for the third straight day of an intense cold wave,...

Published 16 Jan, 2024 11:10am

Mutual Funds

US short-end sold as traders wait on Fed’s Waller

SINGAPORE: US Treasuries sold off sharply in Asia on Tuesday, especially at shorter tenors, as remarks from European...

Published 16 Jan, 2024 11:04am

USA

Trump wins Iowa caucus, DeSantis edges Haley for second

DES MOINES: Donald Trump secured a resounding victory in the first 2024 Republican presidential contest in Iowa on...

Published 16 Jan, 2024 10:54am

Real Estate

Country Garden expects China property market to remain weak in 2024

HONG KONG: China’s largest private property developer, Country Garden, expects the property market will remain weak...

Published 16 Jan, 2024 10:50am

Forex

China’s yuan hits lowest since mid-December on policy easing bets

SHANGHAI: China’s yuan hit its lowest in more than a month against the dollar on Tuesday, reflecting broad strength...

Published 16 Jan, 2024 10:48am

Stocks

China and HK stocks fall as investors await China GDP data

SHANGHAI: China and Hong Kong stocks fell on Tuesday as investors exercised caution ahead of the release of China’s...

Published 16 Jan, 2024 10:45am

Commodities

India to allow edible oil imports at lower duty until March 2025

MUMBAI: India will extend the import of edible oil at a lower duty by another year until March 2025, the government...

Published 16 Jan, 2024 10:39am

Bullion Rate

Gold frail as dollar, yields strength dim shine

Gold prices were subdued on Tuesday as the dollar and Treasury yields rose, while traders waited to hear from a slew...

Published 16 Jan, 2024 10:37am

Forex

Australia, NZ dollars hit one-month lows as support breaks

SYDNEY: The Australian and New Zealand dollars hit one-month lows on Tuesday after breaching key support levels as...

Published 16 Jan, 2024 10:16am

Forex

Most Asian FX, stocks fall in broad sell-off on rates outlook volatility

Most Asian currencies and stocks fell on Tuesday in broad-based selling with the South Korean won and Thai baht...

Published 16 Jan, 2024 10:14am

Mutual Funds

India bonds consolidate after rally, traders eye state debt sale

MUMBAI: Indian government bond yields were little changed on Tuesday, with the benchmark yield consolidating around...

Published 16 Jan, 2024 10:12am

Forex

Indian rupee winning run may pause on dollar strength before key Fed member’s speech

MUMBAI: The Indian rupee is expected to open slightly lower on Tuesday, pressured by the US dollar’s advance on weak...

Published 16 Jan, 2024 10:10am

Stocks

Australia shares hit four-week low as commodity stocks drag

Australian shares hit a four-week low on Tuesday dragged down by commodity stocks on weaker underlying prices, while...

Published 16 Jan, 2024 10:07am

Red Sea trade disruption hits energy sector

QatarEnergy holds back at least four gas tankers from the Red Sea

Updated 16 Jan, 2024 10:03am

Stocks

Indian shares open lower tracking Asian peers

BENGALURU: Indian shares opened lower on Tuesday, dragged by pullback in information technology stocks after a...

Published 16 Jan, 2024 10:00am

Forex

Dollar gains as traders weigh rate-cut bets, Red Sea tensions

SINGAPORE: The dollar rose on Tuesday as investors pared back bets on near-term rate-cuts by the US Federal Reserve...

Published 16 Jan, 2024 09:58am

Business & Finance

Nov LSM sees 1.59pc growth YoY

ISLAMABAD: Large-Scale Manufacturing (LSM) has registered a growth of 1.59 per cent in November year-on-year basis...

Updated 16 Jan, 2024 09:43am

‘Reservations on PSM, Audited Accounts authenticity’: PSMC stakeholders express concerns

ISLAMABAD: Pakistan Steel Mills Corporation (PSMC) stakeholders group has observed and expressed serious...

Updated 16 Jan, 2024 09:42am

Focus on cooperation with Russia: Work begins on 13th 5-year energy plan

ISLAMABAD: Ministry of Planning, Development and Special Initiatives (M/o PD&SI) has commenced working on...

Updated 16 Jan, 2024 09:41am

Negative list: FBR excludes many items

ISLAMABAD: The Federal Board of Revenue (FBR) has excluded a number of items from the negative list and allowed...

Updated 16 Jan, 2024 09:41am

Arts

In the age of AI, Rashid Rana looks to incorporate more tech in art

Eminent artist Rashid Rana is looking forward to the amalgamation of new technologies in his art practice, including...

Published 16 Jan, 2024 09:00am

BR Research

Excessive billing response: Unconvincing

In what appears a whitewashing exercise for the power distribution companies’ daylight robbery, the Power...

Published 16 Jan, 2024 08:59am

Dec 23 FCA: CPPA-G seeks Rs5.62/unit raise in Discos’ tariffs

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought an increase of Rs5.62 per unit in...

Updated 16 Jan, 2024 08:55am

Pending TDS: KE seeks payment of Rs137.4bn from Centre

ISLAMABAD: K-Electric (KE) has sought payment of Rs 137.4 billion regarding pending Tariff Differential Subsidy...

Updated 16 Jan, 2024 08:54am

BR Research

Oil prices – bracing for a rally?

The global oil market has seen falling oil prices in recent times – from the high of $90 a barrel in Sept-23 to a...

Published 16 Jan, 2024 08:54am

Rs306bn authorised for PSDP projects

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has authorised Rs 305.96 billion (32.55...

Updated 16 Jan, 2024 08:54am

Profiles of field formation officials: FBR concerned over delay in updating data

ISLAMABAD: The Federal Board of Revenue (FBR) has expressed serious concern over the delay in updating data of the...

Updated 16 Jan, 2024 08:53am

Polls cannot be postponed ‘at this stage’: ECP

ISLAMABAD: The poll organisation has declined to act on a non-binding yet controversial resolution adopted by the...

Updated 16 Jan, 2024 08:53am

BR’s refresher: your morning briefing for the day

Important updates from January 15, 2024

Published 16 Jan, 2024 08:50am

BR Research

TPL Trakker (Private) Limited

TPL Trakker (Private) Limited (PSX: TPLT) was incorporated in Pakistan in December 2016 as a private limited...

Published 16 Jan, 2024 08:52am

Pakistan

Pakistan facing insulin shortage due to uncertain policies: experts

KARACHI: Pakistan is facing a shortage of high quality insulin, a dire situation for a country where over one-fourth...

Updated 16 Jan, 2024 08:20am

Companies

At a premium: PSX body determines ‘minimum buyback price’ of Rs609 for Pak Suzuki Motor Company

KARACHI: The Voluntary Delisting Committee (VDC) of the Pakistan Stock Exchange (PSX) has determined the ‘minimum...

Updated 16 Jan, 2024 08:07am

Opinion

IMF projections

The good news is that the IMF Executive Board has completed the First Review of the Stand-By Arrangement for ...

Updated 16 Jan, 2024 06:12am

Opinion

FBR needs to look beyond the salaried class to grow tax collection

Budgets seem to be all about providing largesse to the poor and incentives to the industry while reiterating the...