News Archives for Latest - 2024-11-28

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Markets

Pakistan receives $500 million from ADB for climate programme

Proceeds to reflect in SBP’s foreign exchange reserves for week ending on November 29

Updated 28 Nov, 2024 10:59pm

World

Biden says hurting Canada, Mexico ties is ‘last thing we need’

NANTUCKET: President Joe Biden on Thursday warned against damaging relations with Canada and Mexico, after his...

Published 28 Nov, 2024 10:44pm

Markets

CCP approves merger of Millat Equipment with Millat Tractors

The Competition Commission of Pakistan (CCP) has granted approval for the merger of Millat Equipment Limited (MEL)...

Updated 28 Nov, 2024 10:53pm

Stocks

Historic high: KSE-100 crosses 100,000 as investors turn back focus on economy

Buying spree towards end of session ensures benchmark settles above 100k for the first time in history

Updated 28 Nov, 2024 10:52pm

Exchange

Rupee falls marginally against US dollar

Currency settles at 278.04 against US dollar in inter-bank market

Updated 28 Nov, 2024 10:51pm

Europe

Russian air strikes kill 19 civilians in north Syria: monitor

BEIRUT: Russian air strikes killed 19 civilians in the Aleppo countryside on Thursday, a war monitor said, as...

Published 28 Nov, 2024 10:47pm

Markets

PM credits investor confidence in govt policies as KSE-100 hits 100,000

Prime Minister Shehbaz Sharif on Thursday hailed the unprecedented performance of Pakistan’s stock market, as the...

Updated 28 Nov, 2024 10:42pm

Forex

SBP-held foreign exchange reserves increase $131mn, now stand at $11.42bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $131 million on a weekly basis,...

Updated 28 Nov, 2024 10:42pm

Pakistan

World Bank, Pakistan combine forces to tackle smog crisis

The World Bank and authorities in Pakistan have agreed to prepare a comprehensive anti-smog plan, as the South Asian...

Updated 28 Nov, 2024 10:41pm

Cricket

Jansen stars for South Africa as Sri Lanka crumble to 42 all out

DURBAN: Marco Jansen bowled South Africa into a dominant position as Sri Lanka crashed to 42 all out, their lowest...

Updated 28 Nov, 2024 10:41pm

Pakistan

Israel-Palestine: Pakistan participates in Global Alliance meeting for two-state solution

Pakistan participated in the second meeting of the ‘Global Alliance for the Implementation of the Two-State...

Published 28 Nov, 2024 10:36pm

Pakistan

Security forces kill four militants in Khyber District: ISPR

Security forces on Thursday killed four militants in an intelligence-based operation in Bagh area of Khyber District...

Published 28 Nov, 2024 09:45pm

COAS Munir awards trophies, medals in 44th Pakistan Army Rifle Association Central Meet

Published 28 Nov, 2024 09:42pm

Stocks

PSX celebrates historic 100k milestone, KSE-100 delivers 142% return in 17 months

The KSE-100 Index crossed the 100,000-point mark on Thursday, delivering an impressive 142% return over the past 17...

Updated 28 Nov, 2024 09:27pm

Europe

Britain pledges $2.5 billion to World Bank fund for poor nations

LONDON: Britain on Thursday pledged to invest 1.98 billion pounds ($2.5 billion) over three years into the World...

Published 28 Nov, 2024 08:37pm

Cricket

Pakistan beat Zimbabwe by 99 runs to take ODI series

Kamran Ghulam’s maiden One Day International century for Pakistan led them to a 99-run win over Zimbabwe on Thursday...

Published 28 Nov, 2024 08:32pm

Middle East

Israeli aggression increases in central Gaza, strikes kill 17 people

CAIRO: Israeli military strikes killed at least 17 Palestinians across the Gaza Strip on Thursday, medics said, as...

Updated 28 Nov, 2024 07:51pm

Commodities

Gold price per tola decreases Rs700 in Pakistan

After increasing in the previous session, gold prices in Pakistan registered losses on Thursday in line with their...

Updated 28 Nov, 2024 07:31pm

Europe

Cyprus seeks NATO membership with US help

NICOSIA: Cyprus is aiming to join NATO and is in talks with the United States to meet the conditions for entering...

Published 28 Nov, 2024 07:18pm

Stocks

Most Gulf markets higher on Israel-Hezbollah ceasefire

Major stock markets in the Gulf ended higher on Thursday following Israel’s agreement to a ceasefire deal with...

Published 28 Nov, 2024 07:06pm

Energy

Oil up as Israel says ceasefire violated, OPEC+ delays meeting

LONDON: Oil prices ticked up on Thursday, after Israel said its ceasefire with Lebanese armed group Hezbollah was...

Updated 28 Nov, 2024 07:03pm

Life & Style

Gen Z loves the convenience of mobile shopping this Thanksgiving

NEW YORK: U.S. holiday shoppers have big plans to use small screens for a head start this year on Thanksgiving Day,...

Published 28 Nov, 2024 06:04pm

Middle East

Israeli foreign minister looks to Washington to punish the ICC

PRAGUE: Israeli Foreign Minister Gideon Saar said on Thursday he believed the United States would punish the...

Published 28 Nov, 2024 05:50pm

South Asia

Australia passes social media ban for children under 16

SYDNEY: Australia passed a law on Thursday to ban social media for children aged under 16 after days of heated...

Published 28 Nov, 2024 05:43pm

Middle East

Israel says ceasefire with Hezbollah violated, fires on south Lebanon

BEIRUT: Israel said on Thursday that its ceasefire with Hezbollah was breached hours after Lebanese security sources...

Updated 28 Nov, 2024 05:37pm

Money & Banking

Bank Makramah’s board approves restructuring scheme

Net assets to increase by Rs29.39bn, says BML

Updated 28 Nov, 2024 05:27pm

Europe

Putin says Ukrainian infrastructure attack was revenge for Kyiv’s strikes on Russia

MOSCOW: President Vladimir Putin said on Thursday that a massive Russian overnight attack on Ukrainian...

Published 28 Nov, 2024 05:21pm

Commodities

Asia rice: Improved demand lifts export rates in India and Thailand

Prices of parboiled rice exported from top hub India gained, after holding steady for three straight weeks,...

Published 28 Nov, 2024 05:15pm

Stocks

Indian benchmarks slide as IT stocks, derivatives expiry weigh

India’s benchmark indexes posted their steepest declines in nearly two months on Thursday, dragged down by...

Published 28 Nov, 2024 05:12pm

Stocks

Sri Lanka shares end higher led by IT gains

CSE All Share index settled 0.88% higher at 13,164.33

Published 28 Nov, 2024 05:10pm

Commodities

Copper slides on stronger dollar and demand concerns

LONDON: Copper prices dropped below $9,000 a metric ton on Thursday, weighed down by a stronger dollar, concern over...

Published 28 Nov, 2024 05:09pm

Stocks

Key points: tracking KSE-100 making history day-by-day and what lies ahead

Business Recorder offers its readers key points to break down the stocks' record rally and what lies ahead

Updated 28 Nov, 2024 05:07pm

Commodities

Palm rises on bargain buying, stronger Dalian oils

KUALA LUMPUR: Malaysian palm oil futures rose for a fourth straight session on Thursday, buoyed by stronger rival...

Published 28 Nov, 2024 05:07pm

South Asia

Adani wipeout hurts but won’t derail foreign investor faith in India

SINGAPORE: Worries of a wider spillover from bribery charges against the Adani Group will hurt sentiment in India...

Published 28 Nov, 2024 05:04pm

Energy

Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

SINGAPORE/LONDON: Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to...

Published 28 Nov, 2024 04:51pm

Recorder headlines

Published 28 Nov, 2024 04:04pm

Stocks

Major Gulf markets gain on Hezbollah-Israel ceasefire

Major stock markets in the Gulf rose in early trade on Thursday following Israel’s agreement to a ceasefire deal...

Published 28 Nov, 2024 03:35pm

South Asia

Blast in northwest Delhi, no injuries reported, TV channels say

NEW DELHI: A blast occurred outside a sweet shop in northwest Delhi on Thursday, local television channels said,...

Published 28 Nov, 2024 03:31pm

Forex

Ugandan shilling flat; remittance FX inflows help

KAMPALA: The Ugandan shilling was flat on Thursday, with dollar inflows from remittances and offshore investors who...

Published 28 Nov, 2024 03:27pm

Forex

Russian rouble rebounds after central bank intervention

MOSCOW: The Russian rouble rebounded on Thursday from a more than 7% slide against the US dollar in the previous...

Published 28 Nov, 2024 03:25pm

Life & Style

Primark boss defends practices as budget fashion brand eyes expansion

DUBLIN: Ireland-based budget fashion chain Primark has been criticised for its record on workers’ rights and the...

Published 28 Nov, 2024 02:55pm

Travel

Thanksgiving travel period off to a record start

NEW YORK: Millions of Americans set to crowd into airports or hit the road on the Wednesday ahead of Thanksgiving...

Published 28 Nov, 2024 02:46pm

FBR shares 46 sets of third-party data with IR field offices

ISLAMABAD: The Federal Board of Revenue (FBR) has shared 46 sets of third-party data with Inland Revenue (IR) field...

Updated 28 Nov, 2024 02:38pm

Budgeted $9bn time deposits: EAD says country gets no amount in Jul-Oct FY25

Government budgeted $3 billion time deposit for the last fiscal year 2023-24 including $2 billion from Saudi Arabia and one billion from UAE

Updated 28 Nov, 2024 02:38pm

Jul 1 to Nov 15: Record Rs880bn credit disbursed to private sector

KARACHI: Banks are aggressively ramping up credit disbursement to the private sector, driven by a pressing need to...

Updated 28 Nov, 2024 02:30pm

Policy decisions: ECC concerned over delays in implementation

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday expressed concern over delays in...

Updated 28 Nov, 2024 02:30pm

World

Peru scientists unveil crocodile fossil up to 12 million years old

LIMA: Paleontologists unveiled on Wednesday the fossil of a young marine crocodile dating back 10 to 12 million...

Published 28 Nov, 2024 02:24pm

Sports

LIV Golf’s Herbert in charge at Australian Open, Smith two back

MELBOURNE: Lucas Herbert drained an eagle at the last in a flawless eight-under-par 63 Thursday to lead the...

Published 28 Nov, 2024 02:18pm

Technology

Meta CEO Zuckerberg dines with Trump at Mar-a-Lago

WASHINGTON: Mark Zuckerberg joined Donald Trump for dinner at his Mar-a-Lago estate Wednesday, with an advisor to...

Published 28 Nov, 2024 02:14pm

Sports

Verstappen switches focus to re-boot defence of F1 teams’ title

DOHA: Newly-crowned quadruple world champion Max Verstappen will switch his attention from the drivers’ title race...

Published 28 Nov, 2024 02:06pm

Energy

OPEC+ meeting postponed to December 5

VIENNA: The ministerial meeting of the OPEC+ alliance initially scheduled for Sunday has been pushed back to...

Published 28 Nov, 2024 02:02pm

South Asia

India’s parliament suspended temporarily after row over allegations against Adani group

NEW DELHI: Both houses of Indian parliament were suspended temporarily on Thursday within minutes of opening as...

Published 28 Nov, 2024 01:44pm

Stocks

South Korea treasury yields hit 32-month lows on surprise rate cut

The benchmark 10-year yield was down 9.4 bps at 2.795%.

Published 28 Nov, 2024 01:41pm

Forex

South African rand stable ahead of producer inflation data and central bank review

JOHANNESBURG: The South African rand was little changed in early trade on Thursday, ahead of October producer...

Published 28 Nov, 2024 01:39pm

Mutual Funds

JGB yields fall, tracking US Treasury peers, yen rallies

TOKYO: Japanese government bond yields fell on Thursday, tracking overnight declines in US Treasury yields, while...

Published 28 Nov, 2024 01:36pm

Forex

Kenyan shilling weakens due to increased FX demand from manufacturers

NAIROBI: The Kenyan shilling weakened slightly on Thursday, with traders attributing the depreciation to rising...

Published 28 Nov, 2024 01:35pm

Commodities

Egypt seeks wheat and vegetable oils in direct purchase deals

CAIRO: Egypt plans to secure wheat and vegetable oils through direct purchase agreements, Mostakbal Misr Agency for...

Published 28 Nov, 2024 01:32pm

Business & Finance

Toyota’s global output declines for ninth straight month in October

TOKYO: Toyota Motor’s global output dropped for a ninth consecutive month in October, dragged lower by big falls in...

Published 28 Nov, 2024 01:28pm

Companies

Pakistan’s semi-trailer OEM AUTOCOM exports to East Africa

Pakistan-based original equipment manufacturer AUTOCOM has exported a sizable shipment of semi-trailers to East...

Published 28 Nov, 2024 12:48pm

Asia

South Korea battles second day of heavy snow; four dead

SEOUL: South Korea grappled with heavy snowfall for a second day on Thursday, with dozens of flights cancelled,...

Published 28 Nov, 2024 12:44pm

Forex

China’s yuan gains as dollar extends weakness on trade war concerns

HONG KONG: China’s yuan was firmer against the US dollar on Thursday, as the greenback retreated from a recent rally...

Published 28 Nov, 2024 12:39pm

South Asia

Ethnic strife frustrates peace efforts in India’s Manipur

BOROBEKRA: Gunmen seized six hostages this month while exchanging fire with troops in India’s northeastern state of...

Published 28 Nov, 2024 12:37pm

Europe

Russia strikes cities across Ukraine with cruise missiles

Explosions were heard in the Ukrainian cities of Odesa, Kropyvnytskyi, Kharkiv, Rivne and Lutsk on Thursday morning...

Published 28 Nov, 2024 12:14pm

Sports

Uncapped Webster called into Australia squad for India series

SYDNEY: Uncapped all-rounder Beau Webster has been called into the Australia squad for the five-test series against...

Published 28 Nov, 2024 12:11pm

Asia

Landslides in Indonesia’s Sumatra kill at least 27, rescuers search for missing

JAKARTA: Indonesian rescuers are searching for passengers trapped in a minibus buried in mud after flash floods and...

Published 28 Nov, 2024 12:05pm

Sports

City’s Rodri sets early return target after knee surgery

Manchester City’s Rodri said he is aiming to return from a serious knee injury before the end of the current...

Published 28 Nov, 2024 11:50am

Stocks

China stocks drop on heightened trade tensions, automakers’ price war

HONG KONG: China and Hong Kong stocks resumed their downtrend on Thursday after a rebound in the previous session,...

Published 28 Nov, 2024 11:48am

Energy

Asia’s November crude oil imports nudge higher, still heading for annual fall: Russell

LAUNCESTON: Asia’s imports of crude oil ticked up slightly in November, led by a recovery by top importer China, but...

Published 28 Nov, 2024 11:45am

Europe

British PM Starmer to be invited to meet EU leaders in Feb, FT reports

British Prime Minister Keir Starmer will be invited to meet EU leaders to discuss European security as Brussels...

Published 28 Nov, 2024 11:42am

Business & Finance

ECB’s Lagarde says trade war in ‘nobody’s interest’, FT reports

European Central Bank President Christine Lagarde told the Financial Times that a trade war at large would be a “net...

Published 28 Nov, 2024 11:39am

Business & Finance

Nissan October production down globally except in Mexico, but Trump tariff threat looms

TOKYO: Nissan Motor said on Thursday its global production fell for a fifth straight month in October, led by...

Published 28 Nov, 2024 11:37am

Europe

Over 50% of French people want government to fall, survey finds

PARIS: Some 53% of French people want Prime Minister Michel Barnier’s government to fall due to anger over his...

Published 28 Nov, 2024 11:35am

Europe

Russia’s labour shortage spreads as defence sector poaches staff

MOSCOW: “Bus number seven was not running this morning,” Olga Slatina wrote on social media from the Sverdlovsk...

Published 28 Nov, 2024 11:31am

Business & Finance

India’s finance ministry evaluating removal of windfall tax, govt source says

NEW DELHI: India’s finance ministry is evaluating the relevance of windfall tax, a federal government source said on...

Published 28 Nov, 2024 11:24am

BR Research

Credit concentration: identifying the worst offenders

Pakistan’s banking sector faces a systemic issue of credit concentration, where a significant portion of bank loans...

Updated 28 Nov, 2024 11:23am

Commodities

Copper dips as dollar firms, Trump’s tariff threat clouds demand outlook

Copper prices eased on Thursday, pressured by a stronger dollar and worries that potential US tariffs on Chinese...

Published 28 Nov, 2024 11:20am

Sports

Dominant Liverpool beat Real Madrid 2-0 to top Champions League

LIVERPOOL: Liverpool regained top spot in the Champions League table and registered a first victory over Real Madrid...

Published 28 Nov, 2024 11:03am

Sports

Williamson denied as England stay in the fight in Christchurch

Spinner Shoaib Bashir took four for 69 as England recovered from a poor start to reduce New Zealand to 319 for eight...

Published 28 Nov, 2024 10:51am

Technology

Intel’s $7.86 billion subsidy deal restricts sale of its manufacturing unit

Intel said on Wednesday its deal for $7.86 billion in US government subsidies restricts the company’s ability to...

Published 28 Nov, 2024 10:44am

South Asia

What the Adani allegations highlight about India’s clean energy push

NEW DELHI: Bribery allegations against Adani Group founder Gautam Adani have highlighted the growing problem India’s...

Published 28 Nov, 2024 10:41am

Europe

Nuclear attack unlikely despite Putin’s warnings, US intelligence says

NEW YORK/WASHINGTON: The U.S. decision to allow Ukraine to fire American weapons deeper into Russia has not...

Published 28 Nov, 2024 10:24am

Asia

China’s state media praise some US firms amid fears of a new trade war

BEIJING: China’s state media have praised some US firms for “strong collaboration” - commentary that comes amid...

Published 28 Nov, 2024 10:14am

World

Mexico warns Trump tariffs would kill 400,000 US jobs, threatens retaliation

MEXICO CITY: Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if US President-elect...

Published 28 Nov, 2024 10:07am

Commodities

Palm falls on weaker Dalian soyoil, lower crude prices

KUALA LUMPUR: Malaysian palm oil futures snapped a three-day rally on Thursday, tracking weakness in Dalian soyoil...

Published 28 Nov, 2024 10:00am

Stocks

Japan’s Nikkei rises as investors step in after two-day drop

TOKYO: Japan’s Nikkei share average erased early losses to trade higher on Thursday after two straight sessions of...

Published 28 Nov, 2024 09:57am

Bullion Rate

Gold falls on dollar strength, inflation data sparks caution on Fed rate cuts

Gold prices slipped on Thursday as the US dollar strengthened, while investors assessed a flurry of economic data...

Published 28 Nov, 2024 09:55am

Forex

Australia, NZ dollars find support, market ponders rate outlook

SYDNEY: The Australian and New Zealand dollars found some support on Thursday as a drop in Treasury yields hindered...

Published 28 Nov, 2024 09:52am

Stocks

Australian shares reach for record high as banking stocks gain

Australian shares rose close to a record high on Thursday, led by banking stocks, a day after data showed the...

Published 28 Nov, 2024 09:49am

Mutual Funds

India bond yields may dip on decline in US yields despite sticky inflation

MUMBAI: Indian government bond yields are expected to nudge lower at open on Thursday on back of the decline in US...

Published 28 Nov, 2024 09:47am

Stocks

Asian stocks subdued, dollar drifts ahead of US Thanksgiving

SINGAPORE: Asian shares were subdued on Thursday and the dollar was on the defensive after US data showed progress...

Published 28 Nov, 2024 09:45am

Forex

Indian rupee eyes breathing room as dollar softens, US bond yields dip

MUMBAI: The Indian rupee is expected to open flat to slightly higher on Thursday, supported by a pullback in the US...

Published 28 Nov, 2024 09:37am

Stocks

Indian shares set for muted start, tracking Asian peers

Indian shares are set to open little changed on Thursday, tracking other Asian peers on worries over US...

Published 28 Nov, 2024 09:36am

Forex

Euro jump, rising yen put brakes on the dollar

SINGAPORE: The euro clung to its sharpest rise in four months on Thursday following hawkish remarks from a central...

Published 28 Nov, 2024 09:33am

Business & Finance

Sustained recovery expected: FD foresees Nov inflation to range between 5.8pc and 6.8pc

ISLAMABAD: The Finance Division is anticipating sustained economic recovery in the ongoing fiscal year, inflation to...

Updated 28 Nov, 2024 09:28am

Singapore convention on mediation: SC suggests country should become signatory

ISLAMABAD: The Supreme Court recommended promoting efficiency in access to justice, saying Pakistan should become a...

Updated 28 Nov, 2024 09:27am

MoC asks provinces to prepare export growth roadmaps

ISLAMABAD: The Commerce Ministry has asked provincial governments to start advance deliberations for the development...

Updated 28 Nov, 2024 09:20am

Safety of workers, projects: China asks for targeted measures

KARACHI: China firmly supports Pakistan’s efforts in combating terrorism and asks Pakistan to take targeted security...

Updated 28 Nov, 2024 09:19am

MTBs cut-off yields sink to 2022 lows

KARACHI: The cut-off yields of short-term government papers decreased up to 85bps in the auction held on Wednesday....

Updated 28 Nov, 2024 08:51am

PM directs PPRA to remove non-performers

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Public Procurement Regulatory Authority (PPRA) to remove...

Updated 28 Nov, 2024 08:34am

PM says army helped govt ‘quell’ unrest

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday heaped praise on Chief of Army Staff (COAS) General Asim...

Updated 28 Nov, 2024 08:32am

BR’s refresher: your morning briefing for the day

Important updates from November 27, 2024

Published 28 Nov, 2024 08:27am

Pakistan

Resignation

KARACHI: Pir Suleman Shah Rashdi, a civil servant of Information Group 28th CTP, has tendered his resignation from...

Published 28 Nov, 2024 08:18am

Pakistan

KUJ condemns attacks on press club, media houses

KARACHI: Karachi Union of Journalists (KUJ) has strongly condemned an attack on National Press Club and media houses...

Published 28 Nov, 2024 08:15am

Sports

Vintage car show in Peshawar on 29th

PESHAWAR: A Vintage and Classic Automotive Car Show under the auspices of the Directorate General of Sports Khyber...

Published 28 Nov, 2024 08:13am

Pakistan

Aseefa attends ‘Global Women’s Forum’ in Dubai

KARACHI: Aseefa Bhutto Zardari, First Lady of Pakistan and member of the National Assembly, attended the Global...

Published 28 Nov, 2024 08:11am

Pakistan

MYC Sindh urges steps aimed at stemming bloodshed in Kurram

KARACHI: Milli Yakjehti Council, Sindh (MYC Sindh) on Wednesday called for serious measures to stem sectarian...

Published 28 Nov, 2024 08:10am

Asia

Rohingya ‘happy’ at ICC request for Myanmar junta chief warrant

COX’S BAZAR, (Bangladesh): For Rohingya refugees who fled brutal violence in Myanmar, the announcement Wednesday...

Published 28 Nov, 2024 08:08am

Pakistan

Sharjeel assails PTI for holding demos on ‘sensitive’ occasions

KARACHI: Sindh Senior Minister Sharjeel Inam Memon stated that there is a time for differences and protests, but...

Published 28 Nov, 2024 08:06am

Pakistan

Fatalities during protest: SC rejects plea urging court to take suo moto

ISLAMABAD: The Supreme Court turned down the plea of AAG KP to take suo motu notice of the deaths that occurred...

Published 28 Nov, 2024 08:04am

Pakistan

Eight cases of May 9 riots: IK denied post-arrest bails by ATC

LAHORE: An anti-terrorism court (ATC) on Wednesday denied post arrest bails to PTI former chairman Imran Khan in...

Published 28 Nov, 2024 08:03am

Pakistan

‘While public stood firm, Baji ran away’: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that those who claimed to bring a revolution fled after...

Published 28 Nov, 2024 08:02am

Pakistan

Punjab to offer Rs1m per tractor subsidy to farmers

LAHORE: In a groundbreaking move, the Punjab government has allocated an unprecedented Rs30 billion to offer a...

Published 28 Nov, 2024 08:01am

Pakistan

Punjab may witness 20pc cut in per acre potato yield

LAHORE: Due to the current smog and fog conditions, the Punjab province is projected to experience a 20% reduction ...

Published 28 Nov, 2024 08:00am

BR Research

Shield Corporation Limited

Shield Corporation Limited (PSX: SCL) was incorporated in Pakistan as a public limited company in 1975. The...

Published 28 Nov, 2024 07:57am

World

Mexico warns Trump tariffs would kill 400,000 US jobs

MEXICO CITY: Mexican Economy Minister Marcelo Ebrard said on Wednesday that a 25% across-the-board tariff proposed ...

Published 28 Nov, 2024 07:41am

Pakistan

Sindh CM says his govt committed to augmenting agrarian economy

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that his government is committed to augmenting the...

Published 28 Nov, 2024 07:40am

Companies

Emirates unveils first Airbus A350-900 aircraft

KARACHI: Emirates has officially unveiled its first Airbus A350-900 aircraft, marking a significant milestone in the...

Updated 28 Nov, 2024 07:38am

World

Biden to launch Gaza ceasefire drive right away: adviser

WASHINGTON: US President Joe Biden will launch a renewed drive Wednesday for a Gaza ceasefire and hostage release...

Updated 28 Nov, 2024 07:34am

Business & Finance

Putin discusses energy ties and trade on visit to Kazakhstan

ASTANA: Russian President Vladimir Putin visited Kazakhstan on Wednesday, and discussed boosting energy and industry...

Updated 28 Nov, 2024 07:29am

Asia

China investigates defence minister for corruption

BEIJING: Chinese Defence Minister Dong Jun has been placed under investigation for corruption, a report said...

Published 28 Nov, 2024 07:28am

Business & Finance

Sri Lanka kicks off much-delayed $12.5bn bond deal

COLOMBO: Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in...

Published 28 Nov, 2024 07:26am

South Asia

BD arrests six after lawyer murdered in Hindu protests

DHAKA: Bangladeshi police have arrested six people in connection with the murder of a lawyer during clashes between...

Published 28 Nov, 2024 07:24am

South Asia

India suspends parliament proceedings again in row over US action on Adani

NEW DELHI: India’s lower house of parliament suspended proceedings for a second day on Wednesday after disruptions...

Published 28 Nov, 2024 07:23am

Energy

Saudi, Russia, Kazakhstan hold talks ahead of weekend OPEC+ meeting

DUBAI/MOSCOW: Top OPEC+ ministers have held further talks ahead of the oil producer group’s weekend meeting to set...

Published 28 Nov, 2024 07:14am

Business & Finance

Introducing pension reforms: Aurangzeb asks SECP to make concerted efforts

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb Wednesday directed the Securities and ...

Published 28 Nov, 2024 07:12am

Industry

PVMA chief highlights importance of trade deals with Belarus

KARACHI: Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), Sheikh Umer Rehan, welcomed the visit...

Published 28 Nov, 2024 07:11am

Business & Finance

Zeeshan made Commissioner SECP

ISLAMABAD: The Securities & Exchange Commission of Pakistan (SECP) welcomed Zeeshan Rehman Khattak as...

Published 28 Nov, 2024 07:10am

Pakistan

UN women launches #KoiJawaazNahi campaign

KARACHI: UN Women Pakistan inaugurated its #KoiJawaazNahi (#No Excuse) advocacy campaign at Karachi University,...

Published 28 Nov, 2024 07:09am

Industry

KWSB to allocate land to NKATI for building CETP

KARACHI: Efforts by former Federal Minister and senior Pakistan People’s Party leader Dr Asim Hussain have borne...

Published 28 Nov, 2024 07:07am

Companies

Faysal Bank wins top awards at IRBA 2024

KARACHI: Faysal Bank Limited (FBL), Pakistan’s leading Islamic bank, received two prestigious awards at the 10th...

Published 28 Nov, 2024 07:06am

Opinion

Writing on the wall

The word ‘history’ is primarily associated with past connotations. However, in marked contrast, history is a...

Updated 28 Nov, 2024 06:52am

Opinion

Aspiring for a thriving automotive sector

It was early morning, with the sweet sound of birds and the freshness of the air. After taking a bath, I opened the...

Updated 28 Nov, 2024 06:46am

Opinion

PARTLY FACETIOUS: The guy has consistently underperformed in the two hats

“I am a firm believer in balance – without balance, things are a challenge.” “I am not sure which aspect of...

Updated 28 Nov, 2024 06:42am

Letters

‘Peaceful N-Programme: Attainment of SDGs’

This is apropos an article titled “Peaceful N-Programme: Attainment of SDGs” by Zamir Akram carried by the...

Published 28 Nov, 2024 06:36am

Editorials

Increasing exports

EDITORIAL: Better late than never, so if the commerce ministry’s “brainstorming sessions” can really help...

Updated 28 Nov, 2024 06:34am

Editorials

PTI protest and its impact on economy

EDITORIAL: The chaotic scenes witnessed in Islamabad on November 26, marked by clashes between PTI protesters and...

Updated 28 Nov, 2024 06:31am

Opinion

Protecting the ‘brand’

Brand valuations are upward bound through the stratosphere in the realm of dollar 150 billion, 200 billion, 350...

Published 28 Nov, 2024 06:27am

Pakistan

Belarusian President meets Nawaz, PM, others at Murree

ISLAMABAD: Chief of the ruling Pakistan Muslim League-Nawaz (PML-N) Nawaz Sharif met with Belarusian President...