News Archives for Latest - 2024-11-20

World

Hamas: No hostages-for-prisoners swap deal with Israel unless Gaza war ends

CAIRO: Hamas’ acting Gaza chief Khalil al-Hayya said in an interview with Al-Aqsa TV released on Wednesday that...

Published 20 Nov, 2024 11:55pm

Pakistan

Interior Ministry approves deployment of Rangers, FC in Islamabad ahead of PTI protest

The Interior Ministry has approved the deployment of Rangers and Frontier Constabulary (FC) in Islamabad to maintain...

Updated 20 Nov, 2024 10:58pm

Pakistan

Imran Khan gets bail in new Toshakana case

IHC justice orders former prime minister's release

Updated 20 Nov, 2024 10:58pm

Pakistan

Suicide blast martyrs 12 security personnel in Bannu District, says ISPR

Security forces kill six terrorists

Updated 20 Nov, 2024 10:53pm

Europe

Lula says he and Xi put ‘peace first’ in world roiled by conflict

BRASÍLIA: Brazilian President Luiz Inacio Lula da Silva said during a state visit Wednesday by Chinese President Xi...

Published 20 Nov, 2024 10:53pm

Middle East

US vetoes UN Security Council resolution on Gaza ceasefire

Only US votes against, using its veto as permanent council member to block resolution

Updated 20 Nov, 2024 10:53pm

Europe

US shuts Kyiv embassy due to ‘potential significant air attack’

KYIV: The United States shut its embassy in Kyiv on Wednesday due to “specific information of a potential...

Updated 20 Nov, 2024 10:40pm

Pakistan

US says ‘dedicated to enhancing Pakistan’s civilian, military capabilities’ amid terror attacks

US State Department spokesperson Matthew Miller says Washington aware of the recent terrorist attacks in Pakistan

Updated 20 Nov, 2024 10:40pm

Movies & Music

‘Rust’ to premiere three years after on-set shooting

TORUN, Poland: The Western ‘Rust’ will get its world premiere on Wednesday at a Polish film festival, three years on...

Published 20 Nov, 2024 10:40pm

Energy

OPEC Secretary General tells COP29 oil is a gift from God

BAKU: OPEC Secretary General Haitham Al Ghais on Wednesday told the COP29 climate summit in Baku that crude oil and...

Published 20 Nov, 2024 10:02pm

Exchange

Rupee registers marginal decline against US dollar

Currency settles at 278.04 against the greenback in inter-bank market

Updated 20 Nov, 2024 10:00pm

Money & Banking

Fed’s Cook: More cuts likely appropriate as disinflation expected to continue

CHARLOTTESVILLE: U.S. inflation continues to ease, with wages and the job market cooling and excess price increases...

Published 20 Nov, 2024 09:57pm

Stocks

Proft-taking weighs on PSX, KSE-100 closes lower by 310 points

After a strong start led by buying momentum, profit-taking was observed at the Pakistan Stock Exchange (PSX) as the...

Updated 20 Nov, 2024 09:48pm

Energy

Oil steady as Ukraine escalation offsets US crude, gasoline stock build

HOUSTON: Oil prices were steady on Wednesday as the escalating war between major oil producer Russia and Ukraine...

Updated 20 Nov, 2024 09:38pm

Pakistan

Joint military exercise between Pakistan, China begins in Pabbi

The opening ceremony of the Pak-China Joint Exercise Warrior-VIII between the Pakistan Army and the Peoples’...

Published 20 Nov, 2024 09:24pm

Pakistan

Transfer of Chinese industries to Pakistan: Ahsan directs officials to identify sites for Model SEZs

Planning minister Ahsan Iqbal on Wednesday directed the officials concerned to identify suitable sites for the...

Updated 20 Nov, 2024 09:22pm

South Asia

India’s ruling party projected to have edge in crucial state polls

MUMBAI: Indian Prime Minister Narendra Modi’s party and its allies are projected to have an edge in two crucial...

Published 20 Nov, 2024 09:12pm

Stocks

US stocks dip after mixed retailer results

NEW YORK: Wall Street stocks declined early Wednesday as markets digested mixed earnings from retailers and awaited...

Published 20 Nov, 2024 08:05pm

Middle East

UN to vote again on Gaza ceasefire, US plans unclear

UNITED NATIONS: The UN Security Council is expected to vote Wednesday on another draft resolution calling for a...

Updated 20 Nov, 2024 08:00pm

Europe

Ukraine fires UK Storm Shadow missiles into Russia: Bloomberg

LONDON: Ukraine has fired long-range British Storm Shadow missiles into Russian territory for the first time,...

Published 20 Nov, 2024 07:43pm

Technology

Google prosecutors to propose cure for search monopoly

Alphabet’s Google will come one step closer to a potential shakeup of its business on Wednesday, when U.S....

Published 20 Nov, 2024 07:46pm

Markets

IBEX Limited buys back 3.56mn shares from TRGI in $70mn deal

IBEX Limited, a US-based technology company, has repurchased approximately 3.56 million shares for $70 million from...

Updated 20 Nov, 2024 07:30pm

Business & Finance

Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target

Retailers are in for a mixed holiday season this year ahead of Black Friday and Christmas, marked by watchful...

Published 20 Nov, 2024 07:24pm

Sports

Altmaier gives Germany lead on Canada in Davis Cup quarters

MÁLAGA: Daniel Altmaier beat Gabriel Diallo in straight sets to earn Germany a 1-0 lead over Canada in the Davis Cup...

Published 20 Nov, 2024 06:53pm

Commodities

Gold price per tola increases Rs800 in Pakistan

Gold prices in Pakistan advanced on Wednesday in line with their increase in the international rates. In the local...

Published 20 Nov, 2024 06:35pm

South Asia

Iran warns European powers against censuring it at IAEA

TEHRAN: Iran’s foreign minister Abbas Araghchi warned three European powers against pursuing a resolution critical...

Updated 20 Nov, 2024 06:18pm

Middle East

US envoy to travel to Israel in bid to seal Hezbollah ceasefire

BEIRUT: U.S. envoy Amos Hochstein said he will travel to Israel on Wednesday to try to secure a ceasefire ending the...

Published 20 Nov, 2024 05:50pm

Real Estate

Why Dubai’s current real estate boom is here to stay

Knight Frank official says buying patterns point towards genuine end users rather than speculative investors

Updated 20 Nov, 2024 05:34pm

Sports

‘Eternal’ Nadal leaves legacy as he retires from tennis

MÁLAGA: Rafael Nadal said early Wednesday he had left a sporting and personal ‘legacy’ after retiring from...

Published 20 Nov, 2024 05:06pm

Europe

US decision on Ukraine missiles ‘big mistake’ that could ‘escalate conflict’: Erdogan

ISTANBUL: Washington’s approval for Ukraine to use long-range American missiles against military targets inside...

Published 20 Nov, 2024 05:02pm

Recorder headlines

Published 20 Nov, 2024 04:00pm

Middle East

Gaza civil defence says 17 killed in Israeli strikes

GAZA CITY: Gaza’s civil defence agency said on Wednesday that at least 17 people, including a baby, were killed in...

Published 20 Nov, 2024 03:46pm

Sports

India not ruling out Shubman Gill playing in series opener

India will give Shubman Gill every chance to prove his fitness to start the opening Test against Australia at Perth...

Published 20 Nov, 2024 03:36pm

Stocks

Most Gulf shares rise in early trading on higher oil prices

Major stock markets in the Gulf were up in early trading on Wednesday, as oil prices rose amid an escalation in the...

Published 20 Nov, 2024 03:31pm

Energy

Expanding renewables: Kohat Cement installs 5.34 MW solar power plant

Kohat Cement Company Limited (KOHC) has installed and commissioned a 5.34 MW on-grid solar power plant. The cement...

Updated 20 Nov, 2024 03:31pm

Business & Finance

ECB is ‘not almighty’ against weak euro zone growth, de Guindos says

FRANKFURT: The European Central Bank is “not almighty” in reviving the euro zone’s weak growth, which is mostly due...

Published 20 Nov, 2024 03:27pm

Forex

Ugandan shilling loses ground on surge in importer demand

KAMPALA: The Ugandan shilling posted a small loss on Wednesday, undermined by strong demand for hard currency from...

Published 20 Nov, 2024 03:25pm

Commodities

Algeria bought South American corn in tender, volume unclear, traders say

HAMBURG: Algerian state agency ONAB is believed to have bought an unknown volume of animal feed corn to be sourced...

Published 20 Nov, 2024 03:24pm

Technology

OpenAI launches free AI training course for teachers

OpenAI and non-profit partner Common Sense Media have launched a free training course for teachers aimed at...

Published 20 Nov, 2024 03:22pm

Stocks

Europe’s STOXX 600 regains steam, tech stocks lead charge

Europe’s main stock index was set to snap a three-session streak of declines on Wednesday as technology stocks...

Published 20 Nov, 2024 03:19pm

Asia

Indonesia president to visit UAE

JAKARTA: Indonesia’s President Prabowo Subianto will visit the United Arab Emirates after his planned trip to...

Published 20 Nov, 2024 03:17pm

Govt aims to lower tax rates for formal sectors: MoS

ISLAMABAD: Admitting that Pakistan is amongst the countries which has the highest tax rates, Minister of State for...

Updated 20 Nov, 2024 03:17pm

Schlumberger selected for tight gas evaluation study

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) had announced an international tender for “integrated...

Updated 20 Nov, 2024 03:16pm

Govt vows export-led growth

Finance Minister Muhammad Aurangzeb holds meeting with Ambassador of Netherlands Henny de Vries in Islamabad

Updated 20 Nov, 2024 03:15pm

Movies & Music

Prosecutors barred from consulting Sean ‘Diddy’ Combs’ jail cell notes

NEW YORK: A U.S. judge on Tuesday ordered prosecutors to destroy their copies of handwritten notes that Sean “Diddy”...

Published 20 Nov, 2024 02:57pm

Life & Style

Zara owner boosts fast fashion flights from India to avoid shipping delays

Apparel retailers have increased use of air freight since Red Sea disruption

Published 20 Nov, 2024 02:48pm

Sports

‘Monkeygate’ to Gabbatoir: Five classic Australia v India Tests

PERTH: Australia and India have been facing each other in Test cricket since 1947 and renew their rivalry in Perth...

Published 20 Nov, 2024 02:09pm

Business & Finance

UK annual inflation jumps on higher energy bills

LONDON: Britain’s annual inflation rate jumped more than expected in October to back above the Bank of England’s...

Published 20 Nov, 2024 01:59pm

South Asia

India to bail long-term prisoners awaiting trial

NEW DELHI: India’s interior minister has vowed to tackle chronic court backlogs by issuing bail to detainees...

Published 20 Nov, 2024 01:58pm

Sports

Tony Popovic hails Australia character in ‘crazy’ World Cup qualifier

SYDNEY: Australia coach Tony Popovic praised the character of his side after they rescued a precious point at the...

Published 20 Nov, 2024 01:49pm

Stocks

South Korean shares edge slightly higher ahead of Nvidia earnings

KOSPI was up 12.61 points, or 0.51%, at 2,484.56

Published 20 Nov, 2024 01:25pm

Sports

Superb Martinez strike gives Argentina 1-0 win over Peru

BUENOS AIRES: A second-half strike from Lautaro Martinez gave Argentina a 1-0 home win over Peru in South American...

Published 20 Nov, 2024 01:21pm

Commodities

Copper extends gains as US dollar takes a breather

Copper extended gains to a fourth session on Wednesday as the US dollar eased after its recent blazing rally, while...

Published 20 Nov, 2024 01:13pm

Commodities

Iron ore rises on resilient steel demand, China stimulus hopes

BEIJING: Iron ore futures prices rose for a third straight session on Wednesday, supported by resilient steel demand...

Published 20 Nov, 2024 01:07pm

Sports

‘Lasting legacy’: Serena joins chorus marking Nadal’s farewell

Serena Williams said it had been an honour to witness Rafa Nadal’s tennis journey and that he would leave the game a...

Published 20 Nov, 2024 01:04pm

Commodities

Palm edges lower on weaker export demand and Chicago soyoil prices

KUALA LUMPUR: Malaysian palm oil futures slipped on Wednesday, weighed down by sluggish export demand and weaker...

Published 20 Nov, 2024 01:00pm

Sports

Victory over Saudi Arabia gives Indonesia World Cup belief, says coach Shin

Indonesia coach Shin Tae-yong believes his team’s shock 2-0 win over former Asian champions Saudi Arabia in Jakarta...

Published 20 Nov, 2024 12:58pm

Commodities

China’s October soy imports from US climb for seventh month

BEIJING: China’s soybean imports from the US more than doubled in October from a year earlier, marking a seventh...

Published 20 Nov, 2024 12:43pm

Europe

UK PM Keir Starmer to visit Saudi Arabia and UAE to try to secure investment, FT reports

British Prime Minister Keir Starmer will travel to Saudi Arabia and the United Arab Emirates next month in a bid to...

Published 20 Nov, 2024 12:40pm

Stocks

China, Hong Kong stocks rangebound in choppy trade on caution amid steady lending rates

HONG KONG: China stocks rose, while Hong Kong shares dipped in choppy trading on Wednesday, as investors remained...

Published 20 Nov, 2024 12:29pm

Sports

Lima hails UAE’s demolition of Qatar as best performance of 2026 qualifiers

Four-goal striker Fabio Lima said the United Arab Emirates’ 5-0 thrashing of Qatar on Tuesday was his team’s finest...

Published 20 Nov, 2024 12:26pm

Energy

Iraq’s fuel oil exports head for record year after Oct volumes jump

SINGAPORE: Iraq’s fuel oil exports are on track to hit all-time highs this year after the country ramped up...

Published 20 Nov, 2024 12:23pm

Commodities

China’s Oct coal imports from Russia rise 13%

BEIJING: China’s coal imports from Russia rose 13% in October from the same month a year earlier despite sanctions...

Published 20 Nov, 2024 12:21pm

World

Xi Jinping asks Germany’s Scholz to help resolve issue of EU tariffs on Chinese EVs

RIO DE JANEIRO: Chinese President Xi Jinping told German Chancellor Olaf Scholz on Tuesday he hoped Germany could...

Published 20 Nov, 2024 12:19pm

Europe

Vladimir Putin, ascendant in Ukraine, eyes contours of a Trump peace deal

MOSCOW: Vladimir Putin is open to discussing a Ukraine ceasefire deal with Donald Trump but rules out making any...

Published 20 Nov, 2024 12:04pm

Sports

Gerson stunner gives Brazil 1-1 draw with Uruguay in World Cup qualifier

SALVADOR: Brazil drew 1-1 with Uruguay in South American qualifiers for the 2026 World Cup on Tuesday after Gerson’s...

Published 20 Nov, 2024 11:59am

Business & Finance

In high-wage Germany, VW’s labour costs outstrip the competition

BERLIN/FRANKFURT: As Volkswagen and unions gear up for the next round of talks over wages and plant closures in...

Published 20 Nov, 2024 11:53am

Mutual Funds

JGB yields mixed as BOJ rate hike concerns limit safe-haven bids

TOKYO: Japanese government bond (JGB) yields struggled for direction on Wednesday, as concerns about another rate...

Published 20 Nov, 2024 11:49am

Life & Style

Japanese manicurist takes on plastic pollution, one nail at a time

CHIGASAKI: Before global leaders take the problem of plastic pollution into their hands this month, Japanese...

Published 20 Nov, 2024 11:15am

South Asia

Skills shortage hobbles India’s clean energy aspirations

NEW DELHI: India’s ambitious plan to expand domestic manufacturing is coming up short in the solar industry which is...

Published 20 Nov, 2024 11:06am

USA

Donald Trump taps former WWE CEO Linda McMahon as education secretary

WASHINGTON: US President-elect Donald Trump has chosen Linda McMahon as education secretary, putting the former...

Published 20 Nov, 2024 10:55am

Currency

Bitcoin breaches $94,000 for the first time

SINGAPORE: Bitcoin rose to a record high above $94,000 as a report that Donald Trump’s social media company was in...

Published 20 Nov, 2024 10:50am

World

Trump, Musk watch SpaceX launch Starship, booster misses landing

Elon Musk’s SpaceX launched its giant Starship rocket to space from Texas on Tuesday, advancing the ship’s...

Published 20 Nov, 2024 10:47am

Stocks

Asian shares cautious before Nvidia result, dollar gives back gains

SYDNEY: Asian shares were cautious on Wednesday as investors looked ahead to earnings results from AI darling Nvidia...

Published 20 Nov, 2024 10:41am

Forex

Australian, NZ dollars keep rally alive, for now

SYDNEY: The Australian and New Zealand dollars were battling to extend a rally to a fourth session on Wednesday as...

Published 20 Nov, 2024 10:39am

Commodities

Wheat slips but hovers near one-week peak as war in Ukraine escalates

BEIJING: Chicago wheat futures slipped on Wednesday, after a three day rise, but remained near a one-week peak as...

Published 20 Nov, 2024 10:30am

Business & Finance

Japan’s exports expand in Oct; potential Trump tariffs dim outlook

TOKYO: Japan’s exports rebounded in October, led by a pickup in chip equipment demand in China, data showed on...

Published 20 Nov, 2024 10:24am

Bullion Rate

Gold hovers near 1-week peak amid Russia-Ukraine tensions

Gold prices lingered near a one-week peak on Wednesday as heightened tensions between Russia and Ukraine sparked...

Published 20 Nov, 2024 10:22am

Forex

China’s yuan steady as dollar strength loses momentum

SHANGHAI: China’s yuan held steady on Wednesday with the dollar retreating from one-year highs as traders tried to...

Published 20 Nov, 2024 10:16am

Stocks

Australian shares slip as financials drag; miners cushion fall

Australian shares fell on Wednesday, retreating from a record high scaled in the previous session, as losses in...

Published 20 Nov, 2024 10:14am

Stocks

Japan’s Nikkei slips as caution reigns ahead of Nvidia results

TOKYO: Japan’s Nikkei share average fell on Wednesday as caution set in ahead of US AI darling Nvidia’s results and...

Published 20 Nov, 2024 10:11am

Forex

Dollar sags to one-week low after safety bid, ‘Trump trade’ momentum wanes

TOKYO: The US dollar slipped to a one-week low versus major peers on Wednesday, looking to extend a three-day...

Published 20 Nov, 2024 10:01am

Business & Finance

ECC approves ‘winter package’: Eligible consumers to pay Rs26.07/kWh tariff

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved a three-month winter...

Updated 20 Nov, 2024 09:26am

Petroleum Div for selling 100mmcfd gas to third party

ISLAMABAD: Petroleum Division has prepared a summary for the Executive Committee of National Economic Council...

Updated 20 Nov, 2024 09:24am

IDEAS 2024: Global defence industry leaders gather for cutting-edge expo

KARACHI: The 12th International Defence Exhibition and Seminar (IDEAS) 2024 opened Tuesday at the Karachi Expo...

Updated 20 Nov, 2024 09:21am

PM calls for shunning ‘politics of agitation’

ISLAMABAD: As the opposition Pakistan Tehreek-e-Insaf (PTI) is set to hold a protest rally in Islamabad on November...

Updated 20 Nov, 2024 09:20am

Business & Finance

Rs148bn receivables: SNGPL holds CPPA-G responsible

ISLAMABAD: Sui Northern Gas Company Limited (SNGPL) holds the Central Power Purchasing Agency– Guaranteed (CPPA-G),...

Updated 20 Nov, 2024 09:18am

Azerbaijan invited to join SOE sell-off drive

ISLAMABAD: Federal Minister for Board of Investment, Privatisation and Communications, Abdul Aleem Khan held a...

Updated 20 Nov, 2024 09:17am

‘Political discussions by inmates’: IHC issues notices on ICA of Punjab govt

ISLAMABAD: The Islamabad High Court (IHC) issued notices in an intra-court appeal (ICA) of Punjab Government banning...

Updated 20 Nov, 2024 09:16am

Military operation in Balochistan approved by NAP apex body

ISLAMABAD: The federal apex committee of the National Action Plan (NAP) on Tuesday approved a comprehensive military...

Updated 20 Nov, 2024 09:13am

Pakistan

VPN issue: CII summons meeting

ISLAMABAD: The Chairman of the Council of Islamic Ideology (CII), Allama Dr Raghib Naeemi, has called an important...

Updated 20 Nov, 2024 08:58am

Opinion

Smog: Who’s responsible?

Smog choking Pakistan’s major urban hubs is a tragedy that has been decades in the making, rooted in poor policy...

Updated 20 Nov, 2024 08:51am

BR Research

Cement: Redefining the game

There is nothing particularly surprising about the cement industry making reasonable earnings amid a demand drought....

Published 20 Nov, 2024 08:47am

BR Research

Fecto Cement Limited

Fecto Cement Limited (PSX: FECTC) was incorporated in Pakistan as a public limited company in 1981. The company is...

Published 20 Nov, 2024 08:44am

BR’s refresher: your morning briefing for the day

Important updates from November 19, 2024

Published 20 Nov, 2024 08:36am

Opinion

Reserves increased from two weeks to two months, bravo!

A beaming Finance Minister and former President of the country’s largest bank proudly announced that the foreign...

Updated 20 Nov, 2024 08:32am

Letters

Unpacking misconceptions about Trump

While walking through the streets of over 15 cities in Michigan and sitting in the comfortable drawing room of my...

Updated 20 Nov, 2024 08:31am

Opinion

Punjab Agricultural Income Tax (Amendment) Bill 2024

The Punjab Agricultural Income Tax (Amendment) Bill 2024 is a significant legislative initiative aimed at ...

Updated 20 Nov, 2024 08:29am

Opinion

The real and present killer

Bomb blasts. Shoot-outs. Missiles. All are killers. When they happen, there is uproar. There is panic. There are...

Updated 20 Nov, 2024 08:27am

Opinion

PARTLY FACETIOUS: ‘Each Pakistani woman has 6.2 children in her lifetime… .’

“I would advise amending the constitution or laws – I am not sure what is applicable.” “I know what you are...

Updated 20 Nov, 2024 08:25am

Supplements

Pakistan Ordnance Factories: ‘From humble beginning to a formidable force’

Introduction, An essential component of Pakistan’s defence sector, Pakistan Ordnance Factories (POF) is the...

Published 20 Nov, 2024 08:08am

Supplements

National Radio and Telecommunication Corporation (NRTC)

The National Radio and Telecommunication Corporation (NRTC) is a leading organization in Pakistan's ...

Published 20 Nov, 2024 08:09am

Supplements

A brief overview Karachi shipyard & engineering works limited

A Symbol of Excellence in Shipbuilding! Karachi Shipyard & Engineering Works (KS&EW) is a Public Limited...

Published 20 Nov, 2024 08:09am

Supplements

12th International Defence Exhibition and Seminar: Khawaja Muhammad Asif, Federal Minister for Defence Production

Ministry of Defence Production, On behalf of the Government of Pakistan, I warmly welcome the international...

Published 20 Nov, 2024 08:14am

Supplements

Heavy Industries Taxila (Hit)

Heavy Industries Taxila (HIT) is a Defence equipment manufacturing organization working under the ambit of the...

Published 20 Nov, 2024 08:08am

Supplements

12th International Defence Exhibition and Seminar: Zohair Naseer, Chief Executive Officer Badar Expo Solutions

International Defence Exhibition and Seminar (IDEAS) is a mega defence exhibition which is biennially organised in...

Published 20 Nov, 2024 08:08am

Supplements

12th International Defence Exhibition and Seminar: Major General Asad Nawaz Khan, HI(M), Director General Defence Export Promotion Organization (DEPO)

International Defence Exhibition and Seminar (IDEAS) is a mega regional event in South Asia; biennially organized by...

Published 20 Nov, 2024 08:12am

Supplements

12th International Defence Exhibition and Seminar: Lieutenant General Muhammad Chiragh Haider, HI(M), (Retd), Secretary Defence Production Ministry of Defence Production

It gives me immense pleasure to welcome the delegates, exhibitors and trade visitors from all over the world at the...

Published 20 Nov, 2024 08:08am

Supplements

12th International Defence Exhibition and Seminar: Asif Ali Zardari, President of the Islamic Republic of Pakistan

The 12th Edition of International Defence Exhibition and Seminar (IDEAS 2024) speaks the volume of success for this...

Published 20 Nov, 2024 08:07am

Supplements

12th International Defence Exhibition and Seminar: General Sahir Shamshad Mirza NI (M) HI (M) Chairman Joint Chiefs of Staff Committee Joint Staff Headquarters

It is a matter of great professional honour & personal privilege for me to welcome our distinguished guests;...

Published 20 Nov, 2024 08:08am

Supplements

12th International Defence Exhibition and Seminar: Mian Muhammad Shehbaz Sharif, Prime Minister of the Islamic Republic of Pakistan

I extend a very warm welcome to all Delegates, Trade Visitors, and Exhibitors, especially our friends from abroad on...

Published 20 Nov, 2024 08:08am

Industry

Business community leader assails curbs on Internet

KARACHI: Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals...

Published 20 Nov, 2024 08:03am

Industry

VPN blockage puts IT sector at risk: P@SHA

KARACHI: The Pakistan Software Houses Association (P@SHA) has warned that the ongoing internet slowdown and the...

Published 20 Nov, 2024 08:00am

Commodities

Gold hits 1-week high

NEW YORK: Gold prices climbed for a second consecutive session on Tuesday, hitting a one-week high as mounting...

Published 20 Nov, 2024 07:59am

Cotton & Textile

Cotton market: Trading volume remains low

LAHORE: The local cotton market on Tuesday remained easy and the trading volume remained low. Cotton Analyst Naseem...

Published 20 Nov, 2024 07:57am

Commodities

Aluminium up as market adjusts to China’s plan to endtax rebate

LONDON: Aluminium prices rose on the London Metal Exchange (LME) on Tuesday, while prices on the Shanghai Futures...

Published 20 Nov, 2024 07:56am

Industry

SBP governor for supporting women entrepreneurs in Pakistan

KARACHI: The Governor of the State Bank of Pakistan (SBP), Jameel Ahmed, has emphasized the importance of supporting...

Updated 20 Nov, 2024 07:54am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (November 19, 2024)...

Published 20 Nov, 2024 07:51am

Rates

Activities of Port Qasim

KARACHI: (PORT QASIM) A cargo volume of 104,164 tonnes comprising of 56,675 tonnes of import cargo and 47,489 tonnes...

Published 20 Nov, 2024 07:50am

Energy

Oil steadies as Sverdrup field restart counters geopolitical concerns

NEW YORK: Oil prices steadied on Tuesday as Norway’s Johan Sverdrup oilfield restarted production while there were...

Published 20 Nov, 2024 07:49am

Commodities

Iron ore at one-week high on softer dollar

BEIJING: Iron ore futures rose for a second consecutive session to a one-week high on Tuesday, supported by a weaker...

Published 20 Nov, 2024 07:47am

Energy

US natgas prices slid 2pc on mild weather and lower demand

NEW YORK: US natural gas futures slid about 2% on Tuesday on forecasts for mild weather and less heating demand over...

Published 20 Nov, 2024 07:46am

Commodities

Palm oil gains on bargain buying

KUALA LUMPUR: Malaysian palm oil futures closed higher on Tuesday, supported by bargain buying and a recovery in the...

Updated 20 Nov, 2024 07:45am

Commodities

Japan rubber futures end higher

SINGAPORE: Japanese rubber futures rose amid stronger global oil prices, but gains were capped by a stronger yen ...

Updated 20 Nov, 2024 07:44am

Commodities

Arabica coffee steadies off 13-year peak

LONDON: Arabica coffee futures on ICE steadied on Tuesday, having hit 13-year peaks in the prior session on...

Published 20 Nov, 2024 07:43am

Grains

Ukraine 2025 wheat crop seen rising on larger sowing area, minister says

KYIV: Ukraine’s wheat harvest may increase to up to 25 million metric tons next year from an expected 22 million...

Published 20 Nov, 2024 07:42am

Interim bail of Omar, others extended

ISLAMABAD: The Anti-Terrorism Court (ATC) on Tuesday extended the interim bail of Pakistan Tehreek-e-Insaf (PTI)...

Published 20 Nov, 2024 07:40am

Grains

EU 2024/25 soft wheat exports down

BRUSSELS: Soft wheat exports from the European Union since the start of the 2024/25 season in July had reached 8.79...

Published 20 Nov, 2024 07:39am

Pakistan

Devsinc sets up computer lab for women

KARACHI: Devsinc has opened a computer lab at the Government Associate College for Women, Lahore to promote ...

Published 20 Nov, 2024 07:38am

Commodities

Gold prices rise

KARACHI: The local gold prices witnessed a big gain on Tuesday after the global rates crossed $ 2600 per ounce,...

Published 20 Nov, 2024 07:36am

Pakistan

Heavy sports bikes, vehicles worth Rs440.51m recovered

KARACHI: The Collectorate of Customs Enforcement, Karachi has conducted a major anti-smuggling operation, recovering...

Published 20 Nov, 2024 07:33am

Companies

Women Entrepreneurship Day: JazzCash aims to empower 300K women-led businesses, freelancers by 2027

KARACHI: Pakistan’s leading fintech, JazzCash, aims to empower over 300,000 women-led businesses and women...

Published 20 Nov, 2024 07:28am

Pakistan

LHC issues notices to govt on plea against slow internet speed, blocking VPN

LAHORE: The Lahore High Court (LHC) on Tuesday issued notices to the federal government and others on a petition...

Published 20 Nov, 2024 07:27am

Pakistan

Non-bailable arrest warrants of Gandapur issued

LAHORE: The Anti-Terrorism Court on Tuesday issued non-bailable arrest warrants of Chief Minister (CM) Khyber...

Published 20 Nov, 2024 07:25am

Taxes

Over 11,000 tax-related complaints received this year: FTO

KARACHI: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah announced that over 11,000 tax-related complaints were...

Published 20 Nov, 2024 07:24am

Pakistan

Safe City project: Pace of work accelerated, says CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that work on the first phase of the Karachi Safe City...

Published 20 Nov, 2024 07:19am

Pakistan

Intending pilgrims: Panel comes down hard on Religious Ministry

ISLAMABAD: A parliamentary panel on Tuesday came down hard on the Religious Affairs Ministry for its incompetence in...

Published 20 Nov, 2024 07:18am

Technology

PTA hires NERA for 5G spectrum auction

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has acquired consultancy services of National Economic...

Published 20 Nov, 2024 07:13am

Pakistan

PTI SG criticises ECP

LAHORE: PTI Secretary General Salman Akram Raja on Tuesday lambasted the Election Commission of Pakistan for handing...

Published 20 Nov, 2024 07:13am

Industry

Sectoral Council meeting on logistics held at TDAP HQ

KARACHI: A sectoral council meeting on the logistics sector was held on 18th November at the Trade Development...

Updated 20 Nov, 2024 07:11am

Pakistan

World Children’s Day: Sindh in collaboration with UNICEF launches CPIMS

KARACHI: Sindh government, in collaboration with the Department of Social Welfare, UNICEF, and other key...

Published 20 Nov, 2024 07:10am

Pakistan

SSWMB to make two roads of SITE as model streets

KARACHI: Managing Director of Sindh Solid Waste Management Board (SSWMB) Syed Imtiaz Ali Shah has announced to make...

Published 20 Nov, 2024 07:09am

Taxes

Tax-related issues to be resolved on priority: FTO

KARACHI: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has committed to prioritising and resolving tax-related...

Updated 20 Nov, 2024 07:08am

Pakistan

The Weather

KARACHI: The weather report on Tuesday (November 19, 2024) and the forecast for Wednesday (November 20, 2024)...