News Archives for Latest - 2024-11-06

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Archive - 2024-11-06

Middle East

Israel’s Netanyahu discusses ‘Iranian threat’ with Trump

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu discussed the “Iranian threat” in a call with US...

Updated 07 Nov, 2024 01:19am

Pakistan

Army chief meets Saudi crown prince in Riyadh

Chief of Army Staff (COAS) General Syed Asim Munir, who is currently on an official visit to Saudi Arabia, met Saudi...

Published 06 Nov, 2024 11:25pm

Pakistan

Schools in Punjab closed till Nov 17 as smog chokes province

The Government of Punjab announced on Wednesday closure of all schools (primary to 12th grade) till November 17 as...

Updated 06 Nov, 2024 10:51pm

World

Saudi king, crown prince congratulate Trump on election win: state media

RIYADH: Saudi Arabia’s King Salman and his son, de facto ruler Crown Prince Mohammed bin Salman, congratulated...

Published 06 Nov, 2024 10:41pm

World

Canada will be ‘absolutely fine’ after Trump win, leaders say

OTTAWA: Canada’s leaders on Wednesday sought to reassure their nation that it would not be negatively affected by...

Published 06 Nov, 2024 10:36pm

USA

Donald Trump elected 47th US president in stunning comeback

Trump, 78, recaptures White House by securing more than 270 Electoral College votes needed to win US presidency

Updated 06 Nov, 2024 10:35pm

USA

After securing second term as President, Donald Trump says will ‘help US heal’

Trump, 78, recaptures White House by winning more than 270 Electoral College votes needed to win US presidency

Updated 06 Nov, 2024 10:34pm

USA

World leaders pledge to work with Trump as he claims US election win

HONG KONG: World leaders raced to congratulate Donald Trump as he claimed a stunning US election victory over Kamala...

Updated 06 Nov, 2024 10:32pm

Pakistan

PM Shehbaz visits Chinese embassy to condemn Karachi firing incident

Security of Chinese nationals working in Pakistan govt’s top priority, premier says

Published 06 Nov, 2024 10:07pm

Perspectives

Trump has prevailed and emphatically. How did this happen?

And so here we have it. President-elect Donald Trump has won a decisive victory over Vice-President Kamala Harris,...

Updated 06 Nov, 2024 09:36pm

South Asia

Iran sentences four people to death over charges of spying for Israel

DUBAI: Four people were sentenced to death by a revolutionary court in northwestern Iran over charges of spying for...

Updated 06 Nov, 2024 09:21pm

South Asia

Afghanistan Taliban govt hopes for ‘new chapter’ with Trump election win

KABUL: Afghanistan’s Taliban government on Wednesday said it hoped for a “new chapter” in relations with the United...

Updated 06 Nov, 2024 09:21pm

Stocks

KSE-100 closes in the red as Trump’s victory in US election weighs

Donald Trump’s victory in the US election threw market participants into a selling frenzy as profit-taking in the...

Updated 06 Nov, 2024 09:13pm

PM Shehbaz meets Chinese ambassador Jiang Zaidong in Islamabad

Published 06 Nov, 2024 09:06pm

Energy

Oil falls as Trump victory pushes dollar higher

Oil prices fell about 3% on Wednesday as the U.S. dollar was set for its biggest one-day rise since March 2020 on...

Updated 06 Nov, 2024 08:49pm

Pakistan

PM Shehbaz congratulates Donald Trump on ‘historic’ election victory

Prime Minister Shehbaz Sharif congratulated on Wednesday Donald Trump on a “historic win” for his second term as US...

Updated 06 Nov, 2024 08:40pm

Money & Banking

Federal Reserve seen on shallower rate-cut path after Trump’s election

Donald Trump’s election as U.S. president is fueling financial market bets that the Federal Reserve will deliver...

Published 06 Nov, 2024 08:40pm

Sports

Zheng beats Paolini to march into WTA Finals semis

RIYADH: China’s Zheng Qinwen reached the semi-finals of the WTA Finals in Riyadh after claiming an impressive 6-1...

Published 06 Nov, 2024 08:35pm

Middle East

Hezbollah chief says indirect truce talks only possible if Israel stops attacks

BEIRUT: Hezbollah chief Naim Qassem said on Wednesday that only developments on the battlefield, not political...

Published 06 Nov, 2024 08:28pm

Stocks

Most Gulf markets gain on Trump’s presidential win

Most stock markets in the Gulf ended higher on Wednesday as a win by Republican Donald Trump in the U.S....

Published 06 Nov, 2024 07:17pm

Stocks

S&P 500, Dow set for record open as Trump wins U.S. presidency

The S&P 500 and the Dow were set to open at a record high on Wednesday, as Republican Donald Trump won the 2024...

Published 06 Nov, 2024 07:14pm

Markets

Electric Vehicle policy to be announced by end of November: Tanveer

Minister for Industries and Production Rana Tanveer Hussain said on Wednesday that the Electric Vehicle (EV) Policy...

Updated 06 Nov, 2024 07:10pm

Markets

Aurangzeb targets Pakistan’s credit rating improvement amid positive indicators

ECC will regularly monitor the prices of pulses and chicken, says Aurangzeb

Updated 06 Nov, 2024 06:56pm

Exchange

Rupee declines marginally against US dollar

Currency settles at 277.89 against the greenback in inter-bank market

Updated 06 Nov, 2024 06:52pm

Perspectives

Pakistan may be congratulating Trump, but will remain worried

Policymakers in Pakistan were closely monitoring the US election results, as did many others who rely on Washington...

Published 06 Nov, 2024 06:49pm

Middle East

NGOs seek UN emergency rights meeting, investigation on Lebanon

GENEVA: A group of NGOs pressed countries on Wednesday to hold an emergency session of the United Nations Human...

Published 06 Nov, 2024 06:20pm

Life & Style

M&S revamp gathers traction with first-half profit

LONDON: British retailer Marks & Spencer forecast strong Christmas trading after reporting a...

Published 06 Nov, 2024 06:03pm

Life & Style

Nintendo Switch software to be playable on successor device

TOKYO: Nintendo President Shuntaro Furukawa said on Wednesday that software for the company’s Switch console would...

Published 06 Nov, 2024 05:55pm

USA

How Trump’s second administration affects business: Musk, tariffs and more

Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American...

Published 06 Nov, 2024 05:47pm

USA

How Donald Trump won back the keys to the White House

Donald Trump will be the only US president since Grover Cleveland at the end of the 19th century to be re-elected...

Published 06 Nov, 2024 05:33pm

Pakistan

PM Shehbaz announces immediate supply of 100MW electricity to Gilgit-Baltistan

Prime Minister Shehbaz Sharif announced on Wednesday that Gilgit-Baltistan will receive 100 megawatts electricity...

Published 06 Nov, 2024 05:27pm

South Asia

IIOJK assembly demands restoration of partial autonomy

OCCUPIED SRINAGAR: Indian Illegally Occupied Jammu and Kashmir (IIOJK) assembly passed a resolution on Wednesday...

Published 06 Nov, 2024 05:21pm

Sports

Gauff beats Swiatek at WTA Finals as Sabalenka earns year-end No.1

RIYADH: Coco Gauff posted a rare victory over Iga Swiatek to punch her ticket to the semi-finals of the WTA Finals...

Published 06 Nov, 2024 05:10pm

Sports

Ronaldo strikes as Al Nassr thump Al Ain in AFC Champions League

RIYADH: Cristiano Ronaldo helped fire Al Nassr to a crushing 5-1 victory against reigning Asian champions Al Ain in...

Published 06 Nov, 2024 05:07pm

USA

Record high $15.9bn spent on US election campaigns

WASHINGTON: The 2024 US election, which went to the polls on Tuesday, is set to become the most expensive in...

Published 06 Nov, 2024 05:03pm

Europe

Spain unveils $11bn aid plan after catastrophic floods

VALENCIA: Spain announced Tuesday an aid package worth 10.6 billion euros ($11.5 billion) to rebuild regions...

Published 06 Nov, 2024 04:58pm

Stocks

Indian shares post best session in over 6 weeks on likely Trump presidential win

Indian shares advanced on Wednesday, posting their biggest single-day jump in over six weeks, after Donald Trump...

Published 06 Nov, 2024 04:52pm

Stocks

Sri Lankan shares drop for third straight session

Sri Lankan shares closed lower for a third consecutive session on Wednesday, weighed down by losses in industrial...

Published 06 Nov, 2024 04:50pm

Commodities

Copper tumbles as Trump victory sparks fear over slowdown in energy transition

LONDON: Copper prices tumbled on Wednesday as victory for Republican Donald Trump in the U.S. presidential election...

Published 06 Nov, 2024 04:47pm

Commodities

Palm oil ends higher on rival oils strength, weaker ringgit

JAKARTA: Malaysian palm oil futures closed up on Wednesday, supported by gains in rival vegetable oils and a weaker...

Published 06 Nov, 2024 04:45pm

PM Shehbaz offers prayers at Yadgar-e-Shuhada in CM Secretariat in Gilgit

Published 06 Nov, 2024 04:13pm

Commodities

Gold price per tola decreases Rs1,000 in Pakistan

Gold prices in Pakistan decreased further on Wednesday in line with their decrease in international rates. In the...

Published 06 Nov, 2024 03:46pm

Money & Banking

Silkbank’s board grants in-principle approval for UBL merger

The Board of Directors (BoD) of Silkbank Limited have granted their in-principle approval for a potential merger...

Published 06 Nov, 2024 02:45pm

Aurangzeb targets Pakistan’s credit rating improvement amid positive indicators

Published 06 Nov, 2024 02:43pm

Trump supporters erupt in celebration after Fox News calls the 2024 race

Published 06 Nov, 2024 01:53pm

South Asia

India’s Modi congratulates Trump on ‘historic election victory’

NEW DELHI: Indian Prime Minister Narendra Modi congratulated Donald Trump for a “historic election victory”...

Published 06 Nov, 2024 01:46pm

Trump claims victory in 2024 presidential race

Published 06 Nov, 2024 01:38pm

Forex

Russian rouble dips to 100 to dollar as Trump declares election win

MOSCOW: The Russian rouble briefly weakened to 100 against the dollar on Wednesday as Donald Trump claimed victory...

Published 06 Nov, 2024 01:33pm

Europe

NATO’s Mark Rutte congratulates Trump on US election

BRUSSELS: NATO chief Mark Rutte congratulated Donald Trump on Wednesday after the Republican claimed victory in the...

Published 06 Nov, 2024 01:30pm

Stocks

European stocks jump as Trump claims victory

LONDON: Europe’s main stock markets rallied at the start of trading on Wednesday as Donald Trump claimed victory in...

Published 06 Nov, 2024 01:21pm

Forex

Kenyan shilling steady on tourism, tea sector FX inflows

NAIROBI: The Kenyan shilling was steady against the dollar on Wednesday, boosted foreign exchange inflows from the...

Published 06 Nov, 2024 12:42pm

Stocks

Lulu Retail Holdings raises $1.72bn in UAE’s largest IPO this year

DUBAI: Lulu Retail Holdings, which runs one of the Middle East’s biggest hypermarket chains, said on Wednesday it...

Published 06 Nov, 2024 12:40pm

Forex

South African rand drops sharply as markets tilt towards Trump win

JOHANNESBURG: The South African rand dropped sharply against a surging dollar in early trade on Wednesday, as...

Published 06 Nov, 2024 12:34pm

South Asia

US will be more isolationist whoever wins election, India foreign minister says

CANBERRA: The United States is likely to become more isolationist regardless of who becomes its next president,...

Published 06 Nov, 2024 11:48am

Pakistan

Punjab sets up ‘smog war room’ to combat hazardous air

LAHORE: Pakistan’s Punjab set up a “smog war room” to tackle severe pollution, officials said, as poor air quality...

Published 06 Nov, 2024 11:48am

Renegotiating or terminating contracts with IPPs: up to Rs300bn annual saving expected

This is projected to result in a reduction of Rs 2-3 per unit in electricity tariffs

Updated 06 Nov, 2024 11:37am

Europe

North Korean troops clashed with Ukrainian forces in Russia’s Kursk, NYT reports

North Korean troops have engaged in clashes against Ukrainian forces that are fighting in the Russian Kursk region,...

Published 06 Nov, 2024 11:32am

Europe

Germany’s awkward coalition faces make-or-break moment

BERLIN: German Chancellor Olaf Scholz’s coalition faces a make-or-break moment on Wednesday as leaders of the three...

Published 06 Nov, 2024 11:02am

Sports

Pep Guardiola relishing the challenge of getting City back on track

Manchester City’s 4-1 Champions League defeat at Sporting on Tuesday saw them lose three matches in a row for the...

Published 06 Nov, 2024 10:57am

USA

Republican Kelly Ayotte projected to win New Hampshire governor race

Republican Kelly Ayotte won the New Hampshire governor’s race on Tuesday, The Associated Press projected, defeating...

Published 06 Nov, 2024 10:52am

Commodities

Wheat, corn and soy fall as market anticipates Trump win

CANBERRA: Chicago wheat, corn and soybean futures fell sharply on Wednesday as early results from the US...

Published 06 Nov, 2024 10:48am

Europe

Afghan opium cultivation bounces and shifts two years after ban, UN says

VIENNA: Opium poppy production in Afghanistan, long the world’s dominant supplier of the raw material for heroin,...

Published 06 Nov, 2024 10:46am

Sports

Talent, toil and pleasing Kim bring North Korea women’s football glory

SEOUL: Talent, discipline and a desire to please leader Kim Jong Un have helped propel North Korea’s youth...

Published 06 Nov, 2024 10:03am

USA

Republicans ahead in battle for control of US Congress

WASHINGTON: Republicans nudged ahead in their mission to wrest the closely divided US Senate from Democratic control...

Published 06 Nov, 2024 09:58am

USA

Pride and nerves at Howard University, Harris’s election night HQ

WASHINGTON: They came with the hope of seeing history: a victory for Kamala Harris, making her the first Black woman...

Published 06 Nov, 2024 09:50am

World

Most voters in presidential election say U.S. democracy is under threat, exit polls show

73% of voters believe democracy was in jeopardy against just 25% who said it was secure

Updated 06 Nov, 2024 09:27am

Business & Finance

Indonesia central bank says ready to stabilise rupiah if needed

JAKARTA: Indonesia’s central bank is ready to stabilise the rupiah, including through intervention if there was...

Published 06 Nov, 2024 09:26am

Banks and other financial institutions: SECP launches electronic mortgage register

KARACHI: Securities Exchange Commission of Pakistan (SECP) on Tuesday launched Electronic Mortgage Register for...

Updated 06 Nov, 2024 09:25am

Forex

Australia, NZ dollars tumble as markets lean into Trump bets on election

SYDNEY: The Australian and New Zealand currencies tumbled on Wednesday as the dollar leapt with investors leaning...

Published 06 Nov, 2024 09:17am

BR Research

Consumer confidence returns gradually

Signs of stability on the macroeconomic front are slowly but surely starting to reflect in consumer confidence –...

Published 06 Nov, 2024 09:16am

Business & Finance

Honda posts 15% fall in Q2 operating profit, missing forecasts

TOKYO: Japan’s Honda Motor reported a 15% decline in second-quarter operating profit at 257.9 billion yen ($1.68...

Published 06 Nov, 2024 09:14am

PSFCL board, NDRMF: Two decisions of CCoSOEs overturned by Cabinet

ISLAMABAD: The Federal Cabinet has reportedly overturned two decisions of Cabinet Committee on State Owned...

Updated 06 Nov, 2024 09:09am

Business & Finance

NPMC reviews price stabilisation strategies

ISLAMABAD: In the month of October 2024, non-perishable food items experienced a controlled rise of 1.01 per cent as...

Updated 06 Nov, 2024 09:07am

August FCA: Nepra approves over 40 paisas provisional positive adjustment for KE

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved provisional positive adjustment of...

Updated 06 Nov, 2024 09:05am

BR Research

Favoured to win: Not Pakistan

A little-known fact about Pakistan’s paltry and might one argue, stagnant exports to the world is that the majority...

Published 06 Nov, 2024 09:04am

Notification issued: Contingency posts axed for cost savings: FD

ISLAMABAD: The Finance Division notified that all contingency posts eliminated as part of efforts to reduce...

Updated 06 Nov, 2024 09:04am

Stocks

Dollar soars, bitcoin hits record and stocks rally as Trump win seen

HONG KONG: The dollar surged and bitcoin hit a record high Wednesday while equity markets advanced as traders bet on...

Published 06 Nov, 2024 09:01am

BR Research

GOC (Pak) Limited

GOC (Pak) Limited (PSX: GOC) was incorporated in Pakistan as a private limited company in 1964 and was converted...

Published 06 Nov, 2024 09:00am

Forex

Bitcoin hits new record high of more than $75,000

TOKYO: Bitcoin soared to a new record high on Wednesday as traders bet on victory for Donald Trump in the US...

Published 06 Nov, 2024 08:57am

Stocks

Australian shares rise on commodity, tech boost; investors await US election verdict

Australian shares rose on Wednesday, tracking their peers on Wall Street, with the technology and commodity sectors...

Published 06 Nov, 2024 08:53am

Stocks

HK stocks down, China’s yuan slips as US election counting progresses

HONG KONG: China’s yuan weakened in early Asian trades on Wednesday and Hong Kong stocks fell as opinion polls and...

Published 06 Nov, 2024 08:51am

Commodities

Vietnam’s Jan-Oct coffee exports down 11.2% y/y, stats office says

HANOI: Vietnam exported 1.15 million metric tons of coffee in the first 10 months of this year, down 11.2% from the...

Published 06 Nov, 2024 08:49am

USA

Democrat Sarah McBride becomes first openly transgender member of US Congress

WASHINGTON: Democrat Sarah McBride became the first openly transgender person elected to the US House of...

Published 06 Nov, 2024 08:44am

Forex

Indian rupee slips in NDF market amid US election updates

MUMBAI: The Indian rupee declined in the non-deliverable forward market, bogged down by a jump in the dollar index...

Published 06 Nov, 2024 08:37am

Stocks

Indian shares set to open flat as US election results trickle in

Indian shares are set to open flat on Wednesday, with caution likely to prevail as US presidential election results...

Published 06 Nov, 2024 08:32am

Stocks

Japan’s Nikkei rises as markets await US election outcome

TOKYO: Japan’s Nikkei share average tracked Wall Street’s strong finish on Wednesday as market participants awaited...

Published 06 Nov, 2024 08:29am

PIA’s governance ‘flaws’ identified by SAEP

KARACHI: The controversial sale of five Boeing 777 engines at below-market prices and the grounding of two aircraft...

Updated 06 Nov, 2024 08:28am

Mutual Funds

India bond yields to tail US peers higher amid US election outcome

MUMBAI: Indian government bond yields are expected to trend higher in opening deals on Wednesday as US Treasury...

Published 06 Nov, 2024 08:27am

Development goals: AIIB vows support to Pakistan

ISLAMABAD: Asian Infrastructure Investment Bank (AIIB) has reiterated the commitment to supporting Pakistan in...

Updated 06 Nov, 2024 08:27am

FBR acquiesces to changes in ‘Tajir Dost Scheme’

ISLAMABAD: The Federal Board of Revenue (FBR) has agreed in principle major changes in the “Tajir Dost Scheme” for...

Updated 06 Nov, 2024 08:26am

Infighting in Nepra worsens

ISLAMABAD: Internal fighting in the National Electric Power Regulatory Authority (Nepra), the power regulator, has...

Updated 06 Nov, 2024 08:25am

USA

Hoax bomb threats linked to Russia target polling places in battleground states, FBI says

ATLANTA: Hoax bomb threats, many of which appeared to originate from Russian email domains, were directed on Tuesday...

Published 06 Nov, 2024 08:21am

BR’s refresher: your morning briefing for the day

Important updates from November 5, 2024

Published 06 Nov, 2024 08:20am

Middle East

35 Palestinians killed in Gaza, Israel issues new evacuation orders

CAIRO: Israeli forces issued new evacuation orders in the north of the Gaza Strip on Tuesday and carried out ...

Published 06 Nov, 2024 08:19am

South Asia

India’s top court overturns UP’s ban on Islamic schools

NEW DELHI: India’s Supreme Court set aside on Tuesday an order that banned Islamic schools in the country’s most...

Published 06 Nov, 2024 08:17am

Pakistan

Pakistan reports 46th polio case of 2024

ISLAMABAD: Pakistan has reported 46 poliovirus cases in 2024, the latest case was registered in Qilla Saifullah...

Published 06 Nov, 2024 08:16am

Energy

Saudi Arabia cuts December light crude prices for Asia

Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by 50...

Published 06 Nov, 2024 08:15am

Commodities

Copper drifts up with all eyes on US election, China meeting

SINGAPORE: Copper prices edged higher on Tuesday, while traders awaited more stimulus cues from top consumer China ...

Published 06 Nov, 2024 08:15am

Business & Finance

Euro, Panda bonds: Issuance depends on improved credit ratings: Aurangzeb

KARACHI: Federal Minister for Finance and Revenue, Muhammad Aurangzeb has said that the issuance of Euro Bonds and...

Published 06 Nov, 2024 08:13am

Pakistan

Omar assails extension of army chief’s tenure

ISLAMABAD: The opposition leader in National Assembly Omar Ayub Khan lambasted the ruling coalition on Tuesday for...

Published 06 Nov, 2024 08:12am

Bullion Rate

Gold holds steady as market awaits US election outcome

Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested US presidential race....

Published 06 Nov, 2024 08:12am

Pakistan

IK files contempt plea against Secretary Interior, others

ISLAMABAD: Founder Pakistan Tehreek-e-Insaf (PTI) Imran Khan filed contempt petition against the Secretary Interior,...

Published 06 Nov, 2024 08:11am

Commodities

Palm oil rises mirroring Dalian and Chicago soyoil prices

JAKARTA: Malaysian palm oil futures inched higher on Wednesday, supported by an uptick in soyoil prices in the...

Published 06 Nov, 2024 08:08am

Pakistan

APNS condolence

KARACHI: Nazafreen Saigol Lakhani, President and Sarmad Ali, Secretary General of the All Pakistan Newspapers ...

Published 06 Nov, 2024 08:05am

Pakistan

Ramzan Sugar Mills reference: ATC adjourns proceedings against PM, others

LAHORE: An Anti-Corruption Court on Tuesday adjourned the proceedings in Ramzan Sugar Mills reference against Prime...

Updated 06 Nov, 2024 08:04am

Sports

Josh Inglis made Australia white-ball captain for first time

SYDNEY: Josh Inglis will captain Australia for the first time in the third ODI against Pakistan and in the following...

Published 06 Nov, 2024 08:04am

Industry

Over 130 global cos to participate in ‘Pakistan Industrial Expo’

LAHORE: The eighth edition of the Pakistan Industrial Expo starting from November 09, 2024, is poised to make a...

Published 06 Nov, 2024 08:02am

Companies

eTurbo announces rise in domestic production

KARACHI: The eTurbo, a Pakistani ebikes startup, announced Tuesday it would increase domestic production from ...

Published 06 Nov, 2024 08:01am

Stocks

Nikkei rebounds as stocks with robust outlooks shine

TOKYO: Japan’s Nikkei share average ended higher on Tuesday, rebounding from a sharp decline on Friday, led by...

Published 06 Nov, 2024 08:00am

Stocks

China stocks higher as PM expresses confidence in economic recovery

SHANGHAI: Mainland China stocks closed at a four-week high on Tuesday, after Chinese Premier Li Qiang expressed...

Published 06 Nov, 2024 07:59am

Sports

David Warner back as cricket captain after leadership ban lifted

SYDNEY: David Warner was named captain of Big Bash League team Sydney Thunder on Wednesday, a fortnight after having...

Published 06 Nov, 2024 07:58am

Stocks

European shares edge higher with US election in spotlight;

FRANFFURT: Europe’s STOXX 600 eked out minor gains on Tuesday led by gains in industrials as investors assessed a...

Published 06 Nov, 2024 07:58am

Money & Banking

Asian currencies muted as US election looms

BENGALURU: Philippine stocks rallied on Tuesday after the country’s quickening inflation signalled a sustained...

Published 06 Nov, 2024 07:57am

Money & Banking

Dollar dips as US voters head to polls

NEW YORK: The US dollar fell as US voters headed to the polls on Tuesday, with the results of the elections likely ...

Updated 06 Nov, 2024 07:56am

Money & Banking

Yuan slips from 3-week high

SHANGHAI: China’s yuan slipped on Tuesday, retreating from a three-week high against the dollar hit a day earlier,...

Published 06 Nov, 2024 07:53am

Stocks

Wall St rallies on election day

NEW YORK: Wall Street’s main indexes rose on Tuesday in a broad rally, but investors still braced for volatile...

Published 06 Nov, 2024 07:51am

Cotton & Textile

Spot rate increased by Rs2,00 to Rs18,000 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Tuesday increased the spot rate by Rs2,00 per...

Published 06 Nov, 2024 07:50am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 154,312 tons of cargo comprising 97,211 tons of import cargo and 57,101 tons of...

Published 06 Nov, 2024 07:49am

Commodities

PMEX daily trading report

KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 29.300 billion...

Published 06 Nov, 2024 07:48am

Forex

Dollar climbs as Trump makes early gains in exit polls; Bitcoin rises

TOKYO: The dollar rallied broadly on Wednesday as early exit polls in the extremely close US presidential election...

Published 06 Nov, 2024 07:45am

Opinion

Bridging the gap: PSC’s role in a changing Pakistan

Constitutional foundations of the Public Service Commission, Articles 240, 241, and 242 of Pakistan’s Constitution...

Updated 06 Nov, 2024 07:40am

Opinion

The cost of ignoring energy poverty

Last month, in September 2024, the world witnessed a grand spectacle at the United Nations as leaders assembled in...

Published 06 Nov, 2024 07:36am

Energy

Oil prices edge up on weak dollar

NEW YORK: Oil prices edged up about 1% on Tuesday on a weaker US dollar on the day when voters cast ballots in what...

Published 06 Nov, 2024 07:23am

Opinion

When business starts politicking

“I want to leave, it is getting too political”. “I cannot breathe, it is choking”. “Nothing I say gets...

Published 06 Nov, 2024 07:12am

Letters

‘Fiscal outcome in the first quarter’

This is apropos a Business Recorder op-ed “Fiscal outcome in the first quarter” carried by the newspaper...

Published 06 Nov, 2024 07:00am

Opinion

Israel is not a state; it’s a death cult

“Elections of masters,” Marcuse says, “don’t change master slave relations”. By giving a false impression...

Published 06 Nov, 2024 06:58am

Editorials

Analysing monetary policy statement

EDITORIAL: The Monetary Policy Committee (MPC), under the chairmanship of Jameel Ahmed, Governor State Bank of...

Published 06 Nov, 2024 06:55am

Editorials

Where there’s smoke, there’s fire

EDITORIAL: Canada’s Deputy Foreign Affairs Minister David Morrison would never have accused Indian Home Minister ...

Published 06 Nov, 2024 06:52am

Opinion

PARTLY FACETIOUS: It’s more efficacious to act than talk

“Is it a quid pro quo?” “I don’t think so — you double the numbers and give a five-year term to…”...

Published 06 Nov, 2024 06:45am

Commodities

Gold prices fall

KARACHI: The local gold prices saw a slight decline on Tuesday, following a global downtrend, traders said. Gold...

Published 06 Nov, 2024 06:31am

Pakistan

CBD launches initiative to improve air quality

LAHORE: The Central Business District Punjab (CBD Punjab), premier development authority of the province, has...

Published 06 Nov, 2024 06:27am

Pakistan

CCP holds session on ‘competition law’ at QAU

ISLAMABAD: The Competition Commission of Pakistan (CCP), as part of its partnership with the Directorate of Legal...

Published 06 Nov, 2024 06:26am

Business & Finance

M-9 Motorway: minister directs immediate allocation of funds

ISLAMABAD: Federal Minister for Planning Ahsan Iqbal directed the immediate release of allocated funds for M-8...

Published 06 Nov, 2024 06:24am

Pakistan

Govt committed to embracing digital transformation in all sectors: Minister

ISLAMABAD: Minister of State for IT and Telecommunication Shaza Fatima Khawaja has said that the present government...

Published 06 Nov, 2024 06:24am

Pakistan

IGP Khattak granted charge of NACTA National Coordinator

ISLAMABAD: Inspector General of Police (IGP) Muhammad Khalid Khan Khattak, an officer of the Police Service of...

Published 06 Nov, 2024 06:23am

Pakistan

Judicial intervention: IHC reinforces CCP’s autonomy in conducting probes without threat

ISLAMABAD: The Islamabad High Court (IHC) has reinforced the Competition Commission of Pakistan’s autonomy in...

Published 06 Nov, 2024 06:22am

Pakistan

Environmental sustainability: Mayor for private sector collaboration

KARACHI: Highlighting the need for greater focus on environmental sustainability within society, Karachi Mayor...

Published 06 Nov, 2024 06:19am

Pakistan

COP29 conference: Minister discusses agenda, preparations for participation

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that Pakistan is...

Published 06 Nov, 2024 06:17am

Business & Finance

Pakistan becomes member of IALA global maritime authority

KARACHI: Pakistan has become a member of the International Association of Lighthouse Authorities (IALA) as a private...

Published 06 Nov, 2024 06:12am

Pakistan

Minister stresses security audit of airports

KARACHI: Sindh Home Minister Zia Ul Hassan Lanjar has emphasised conducting a security audit and ensuring that all...

Published 06 Nov, 2024 06:12am

Business & Finance

‘More policy rate cut needed to boost economic activity’

KARACHI: President of the Hub Chamber of Commerce and Industry, Yakoob H Karim welcomed the 250 basis points...

Published 06 Nov, 2024 06:10am

Business & Finance

Need stressed for promoting regional connectivity

ISLAMABAD: Speakers on Tuesday stressed the need to translate Pakistan’s regional connectivity and infrastructure...

Published 06 Nov, 2024 06:08am

Pakistan

Need to address environmental consequences: NA speaker

ISLAMABAD: The National Assembly Speaker, Sardar Ayaz Sadiq, emphasised the need to address the environmental...

Updated 06 Nov, 2024 06:07am

Business & Finance

Over 3,600 mineral reserves geo-tagged

LAHORE: The Punjab Information Technology Board (PITB), in collaboration with the Punjab Mines and Minerals...

Published 06 Nov, 2024 06:06am

Pakistan

PFA unearths unit producing substandard pickle

LAHORE: The Punjab Food Authority (PFA) unearthed a unit producing pickles with adulterated spices, substandard salt...

Published 06 Nov, 2024 06:02am

Pakistan

The Weather

KARACHI: The weather report on Tuesday (November 05, 2024) and the forecast for Wednesday (November 06, 2024)...