News Archives for Latest - 2024-12-12

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Archive - 2024-12-12

Sports

Jason Gillespie resigns as Pakistan’s red-ball coach

Jason Gillespie has stepped down as Pakistan’s Test head coach. Gillespie, who had earlier refused to join the squad...

Published 12 Dec, 2024 11:25pm

World

US official Sullivan says ‘got the sense’ Israel PM ready for Gaza deal

TEL AVIV: Visiting US National Security Adviser Jake Sullivan said on Thursday that Israeli Prime Minister Benjamin...

Published 12 Dec, 2024 11:33pm

Europe

Ukraine’s path into NATO ‘irreversible’: European foreign ministers

BERLIN: Ukraine’s path to eventual NATO membership is “irreversible,” seven European foreign policy chiefs said at a...

Published 12 Dec, 2024 11:16pm

Europe

European troops in Ukraine could guarantee future peace deal: Kyiv official

KYIV: The deployment of European troops in Ukraine could help guarantee a future deal aimed at securing peace in the...

Published 12 Dec, 2024 11:09pm

Business & Finance

IGI Investments eyes 40.63% stake in Mitchell’s Fruit Farms Limited

IGI Investments (Private) Limited has expressed its intent to acquire a substantial stake in Mitchell’s Fruit Farms...

Updated 12 Dec, 2024 11:02pm

Industries & Sectors

Haleon Pakistan plans to manufacture Centrum multivitamins

KARACHI: Haleon Pakistan plans to start manufacturing multivitamin brand Centrum in the country for domestic sales...

Updated 12 Dec, 2024 11:01pm

Middle East

Israel says it seized Golan buffer zone in self-defence

OCCUPIED JERUSALEM: Israel said Thursday it would “continue to act to defend itself” after France urged it to...

Updated 12 Dec, 2024 11:01pm

USA

Time magazine names President-elect Trump ‘Person of the Year’

WASHINGTON: Time magazine on Thursday named U.S. President-elect Donald Trump its “Person of the Year,” citing his...

Updated 12 Dec, 2024 10:45pm

Sports

PCB opens registration of international players for PSL 10

Pakistan Cricket Board (PCB) on Thursday initiated foreign players’ registration for the 10th edition of the...

Updated 12 Dec, 2024 10:44pm

Pakistan

Court indicts Imran, Bushra in Toshakhana-II case

A special court in Islamabad Thursday indicted Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his wife,...

Updated 12 Dec, 2024 10:42pm

Technology

Islamabad to become ‘model city’ for EVs: Tanveer

As part of the government’s commitment to increase electric vehicle (EV) usage in Pakistan, Federal Minister for...

Updated 12 Dec, 2024 10:41pm

Exchange

Rupee records marginal decline against US dollar

Currency settles at 278.23 against greenback inter-bank market

Updated 12 Dec, 2024 10:38pm

Markets

Aurangzeb says Pakistan economy’s issues have been addressed

In address at Islamic capital markets conference, finance minister says country committed towards raising infrastructure finance through Shariah-compliant bonds

Updated 12 Dec, 2024 10:35pm

Energy

‘Rs146bn unpaid’: Energy minister writes letters to provinces for outstanding power dues

Overdue electricity bills hindering ongoing reforms in energy sector, Awais Leghari says

Updated 12 Dec, 2024 10:31pm

Sports

Gukesh Dommaraju: Indian teen who became world’s youngest chess champion

NEW DELHI: Indian chess prodigy Gukesh Dommaraju is toast of his nation after he beat China’s Ding Liren to become...

Published 12 Dec, 2024 10:23pm

Energy

Oil edges lower on IEA surplus forecast

NEW YORK: Oil prices were down more than 1% on Thursday as a forecast for ample supply in the oil market offset...

Updated 12 Dec, 2024 10:06pm

Forex

SBP-held foreign exchange reserves increase $13mn, now stand at $12.05bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $13 million on a weekly basis,...

Updated 12 Dec, 2024 09:45pm

Stocks

Record-breaking stock rally: KSE-100 settles above 114,000 after 3,370-point gain

Positive macroeconomic indicators, rate cut expectations and liquidity towards stock market driving bullish momentum

Updated 12 Dec, 2024 09:44pm

Stocks

US stocks mostly lower after latest inflation data

NEW YORK: Wall Street stocks mostly fell early Thursday as markets digested fresh US inflation data and the European...

Published 12 Dec, 2024 09:19pm

Middle East

US sees Assad’s fall as chance to destroy Syria’s chemical arsenal ‘once and for all’

AMSTERDAM: The United States sees the fall of Bashar al-Assad as an extraordinary chance to rid Syria “once and for...

Published 12 Dec, 2024 08:19pm

Money & Banking

ECB cuts rates again, keeps door open to further cuts

FRANKFURT: The European Central Bank cut interest rates for the fourth time this year on Thursday, by quarter of a...

Published 12 Dec, 2024 08:03pm

Middle East

Trump Organisation plans second Saudi Arabian tower in regional expansion

RIYADH: The Trump Organisation plans to build a Trump Tower in the Saudi capital Riyadh as part of a real estate...

Published 12 Dec, 2024 07:59pm

USA

Meta donates $1 million to Trump’s inaugural fund

Meta Platforms has donated $1 million to U.S. President-elect Donald Trump’s inaugural fund, a company spokesperson...

Published 12 Dec, 2024 06:05pm

Asia

China pledges more debt, rate cuts as Trump tariff threats loom

BEIJING: China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to...

Published 12 Dec, 2024 05:53pm

South Asia

India-UK free trade pact talks to resume by Jan-end: Indian government source

NEW DELHI: India and Britain will resume their talks on a free trade agreement by the end of January, an Indian...

Published 12 Dec, 2024 05:46pm

Europe

EU’s Kallas wants Russian assets to directly aid Ukraine

LONDON: Frozen Russian assets should be used directly to aid Ukraine, the European Union’s new foreign policy chief...

Published 12 Dec, 2024 05:38pm

Middle East

Syria’s new govt says to suspend constitution, parliament for three months

DAMASCUS: Syria’s new government spokesman told AFP on Thursday the country’s constitution and parliament would be...

Published 12 Dec, 2024 05:33pm

Commodities

Gold price per tola gains Rs2,300 in Pakistan

Gold prices in Pakistan registered a notable gain on Thursday in line with their increase in the international rate....

Updated 12 Dec, 2024 05:14pm

Energy

IEA expects comfortably supplied oil market in 2025 despite demand hike

LONDON: The world oil market will be comfortably supplied in 2025, the International Energy Agency (IEA) said on...

Published 12 Dec, 2024 04:38pm

Recorder headlines

Published 12 Dec, 2024 04:01pm

Europe

EU states agree ‘historic’ full Schengen accession for Bulgaria, Romania

SOFIA: EU states on Thursday cleared Bulgaria and Romania to become full members of the borderless Schengen zone...

Published 12 Dec, 2024 03:43pm

Middle East

Blinken arrives in Jordan at start of Syria crisis tour

AQABA: US Secretary of State Antony Blinken arrived in Jordan on Thursday at the start of a crisis tour to address...

Published 12 Dec, 2024 03:38pm

Cricket

Nortje ruled out of South Africa’s white ball series against Pakistan

JOHANNESBURG: South Africa fast bowler Anrich Nortje’s injury woes continued as he was ruled out of the remainder of...

Published 12 Dec, 2024 03:30pm

Stocks

Diageo supports FTSE 100; SThree slides on profit warning

Britain’s FTSE 100 index rose on Thursday, boosted by Diageo after a brokerage upgrade, while SThree weighed on the...

Published 12 Dec, 2024 03:24pm

Stocks

Indian shares settle lower as caution ahead of inflation data dulls IT rally

Indian shares fell on Thursday, weighed by a retreat in all sectors, barring information technology, on caution...

Updated 12 Dec, 2024 03:21pm

South Asia

Indian troops kill seven Maoist rebels

RAIPUR: Indian troops shot dead seven Maoist rebels in a fierce gun battle on Thursday, as security forces step up...

Published 12 Dec, 2024 03:14pm

Europe

Russia will ‘definitely’ respond to Ukraine ATACMS strike

MOSCOW: Russia will “definitely” respond to a Ukrainian attack on a southern airfield using US-supplied ATACMS...

Published 12 Dec, 2024 03:11pm

Load management: Nepra directs NTDC, KE to employ real-time systems

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has directed NTDC and KE to implement real-time...

Updated 12 Dec, 2024 02:44pm

Modernising power distribution infrastructure: $530m loan approved by ADB

Bank approves $330 million in additional financing to strengthen Pakistan’s federally administered social protection programmes and services

Updated 12 Dec, 2024 02:44pm

Stocks

European stocks edge up as traders await ECB

European stocks edged higher on Thursday, as investors braced for a rate cut from the European Central Bank and...

Published 12 Dec, 2024 02:22pm

Life & Style

Designer John Galliano leaves Maison Margiela brand after 10 years

MILAN: Fashion brand Maison Margiela has parted ways with its artistic director John Galliano after ten years, its...

Published 12 Dec, 2024 02:22pm

Stocks

China, HK stocks end higher ahead of possible policy moves at key Beijing meet

SHANGHAI: China and Hong Kong stocks closed up on Thursday as investors awaited the outcome of a key economic policy...

Updated 12 Dec, 2024 02:20pm

Arts

Carlos Acosta says he once ‘hated ballet’ as his ‘Nutcracker in Havana’ opens in London

LONDON: Director and dancer Carlos Acosta admits he once hated ballet as he launches the London run of his new...

Published 12 Dec, 2024 02:19pm

Stocks

Most Gulf markets track global shares higher on Fed rate cut bets

Most stocks markets in the Gulf were up in early trading on Thursday in tandem with a rally in global equities after...

Published 12 Dec, 2024 02:14pm

Middle East

Israeli strikes on Gaza kill 35 Palestinians on Thursday

CAIRO: At least 35 Palestinians were killed early on Thursday in Israeli bombings of various areas in the Gaza...

Published 12 Dec, 2024 02:02pm

Commodities

Iron ore pares losses ahead of key Beijing economic meeting

SINGAPORE: Iron ore futures prices rebounded from the previous session’s losses on Thursday, as investors awaited...

Updated 12 Dec, 2024 01:49pm

Commodities

Saudi Arabia tenders for estimated 595,000 tons wheat

HAMBURG: Saudi Arabia’s state purchasing agency, the General Food Security Authority (GFSA), has issued an...

Published 12 Dec, 2024 01:47pm

Commodities

Japan rubber futures slip on shaky Chinese economic outlook; eyes on key Beijing meeting

SINGAPORE: Japanese rubber futures dropped on Thursday, pressured by uncertain economic prospects for top consumer...

Updated 12 Dec, 2024 01:43pm

Markets

ECB to cut interest rates again, signal further easing as growth falters

FRANKFURT: The European Central Bank is all but certain to cut interest rates again on Thursday and signal further...

Published 12 Dec, 2024 01:40pm

Forex

South African rand sees tailwind from local inflation and retail data

JOHANNESBURG: The South African rand extended gains against the dollar on Thursday, supported by subdued local...

Published 12 Dec, 2024 01:31pm

Stocks

South Korean won pares early gains as President Yoon refuses to step down

KOSPI closed up 39.61 points, or 1.62%, at 2,482.12

Updated 12 Dec, 2024 01:28pm

Stocks

Nikkei logs 2-month closing high after US data boosts Fed rate cut bets

TOKYO: Japan’s Nikkei share averagefinished at a two-month closing high on Thursday, tracking Wall Street’s...

Updated 12 Dec, 2024 01:25pm

Commodities

Palm trades low on sell-off, tracks weakness in soyoil at Chicago

JAKARTA: Malaysian palm oil futures extended losses in heavy morning trade on Thursday, tracking weakness in rival...

Published 12 Dec, 2024 12:01pm

Financial

India bond yields rise in lead up to domestic inflation data

MUMBAI: Indian government bond yields rose on Thursday, tracking a rally in U.S. rates, while awaiting data that...

Published 12 Dec, 2024 11:59am

Stocks

Australia shares hit 3-week closing low; markets pare Feb rate-cut bets after local jobs data

Australian shares finished at a three-week closing low on Thursday after a sharp decline in unemployment pushed...

Updated 12 Dec, 2024 11:54am

Middle East

Israel, Palestinians explore Gaza truce with US envoy on Mideast shuttle mission

JERUSALEM/CAIRO: Israelis and Palestinians are signaling new efforts to forge a ceasefire deal, even a limited one,...

Published 12 Dec, 2024 11:51am

Financial

JGB yields fall as BOJ rate hike bets recede

TOKYO: Japanese government bond yields fell across the curve on Thursday due to receding expectations that the Bank...

Published 12 Dec, 2024 11:38am

Middle East

US announces first Israeli withdrawal from Lebanon under ceasefire deal

WASHINGTON: Israeli forces conducted a first withdrawal from a town in south Lebanon and were replaced by the...

Published 12 Dec, 2024 11:29am

Middle East

54 journalists killed in 2024, a third by Israel

PARIS: Fifty-four journalists were killed worldwide while carrying out their work or because of their profession in...

Published 12 Dec, 2024 11:04am

Currency

Australian dollar lifted from lows by strong jobs data

SYDNEY: The Australian dollar got a much-needed fillip on Thursday after surprisingly strong jobs data pushed back...

Published 12 Dec, 2024 10:57am

Commodities

Gold eases on profit taking after scaling more than one-month peak

Gold slipped on Thursday as investors booked profits after prices hit more than one-month high earlier in the day on...

Published 12 Dec, 2024 10:52am

South Asia

South Korean President Yoon vows to ‘fight to the end’

SEOUL: South Korean President Yoon Suk Yeol on Thursday lashed out at his political opponents as “anti-state...

Published 12 Dec, 2024 10:47am

Commodities

Copper edges up on China stimulus hopes

NEW DELHI: London copper prices nudged higher on Thursday amid expectation of stimulus measures from top consumer...

Published 12 Dec, 2024 10:37am

Forex

Yuan pressured by depreciation expectations; long-term yields fall to record lows

HONG KONG: The yuan came under renewed pressure against the dollar on Thursday, giving up some initial gains as...

Published 12 Dec, 2024 10:30am

Stocks

Asia stocks rally on Fed cut bets; Aussie jumps on jobs data

TOKYO: Asian stocks gained on Thursday, tracking Wall Street’s tech-led rally overnight after an as-expected reading...

Published 12 Dec, 2024 10:22am

Currency

Indian rupee slips to record low but central bank steps in to curb losses

MUMBAI: The Indian rupee declined to its all-time low on Thursday, pressured by dollar bids in the non-deliverable...

Published 12 Dec, 2024 10:18am

Currency

Dollar holds steady despite rate cut bets; Aussie rises after jobs data

TOKYO: The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the previous session,...

Published 12 Dec, 2024 10:04am

ADB trims developing Asia’s growth forecast, flags US policy risks

MANILA: Developing Asia is likely to grow more slowly than previously thought this year and next, and the outlook...

Updated 12 Dec, 2024 09:43am

NFC award: govt official says IMF has attached no conditions

ISLAMABAD: The Senate Standing committee on Finance and Revenue, while observing increasing distortions in resources...

Updated 12 Dec, 2024 09:40am

150MW renewable energy projects: Nepra concludes hearing of KE’s Bid Evaluation Report

KARACHI: K-Electric (KE) has made remarkable progress in its journey toward renewable energy with the submission of...

Updated 12 Dec, 2024 09:39am

Assad’s fall shows Russian military limited by Ukraine offensive

MOSCOW: The collapse of Moscow ally Bashar al-Assad’s Syrian government has dealt a major blow to Russia’s image of...

Updated 12 Dec, 2024 09:09am

Germany advocates peaceful Syria transition

BERLIN: Germany’s foreign minister on Wednesday urged Israel and Turkey not to jeopardise a peaceful transition in...

Updated 12 Dec, 2024 09:08am

APTMA urges FBR to revisit new customs system

ISLAMABAD: All Pakistan Textile Mills Association (Aptma) has urged the Federal Board of Revenue (FBR) to review new...

Updated 12 Dec, 2024 09:07am

CAD declined 79pc in 2MFY25, NA told

ISLAMABAD: Minister for Finance and Revenue Muhammad Aurangzeb said the Current Account Deficit (CAD) has declined...

Updated 12 Dec, 2024 09:07am

ADB projects GDP growth at 3pc, inflation at 10pc

ISLAMABAD: Pakistan’s GDP growth in fiscal year 2025 is projected at three percent, revised upwards from 2.8...

Updated 12 Dec, 2024 09:04am

PM reaffirms commitment to implement reforms

ISLAMABAD: Prime Minister Shehbaz Sharif reaffirmed on Wednesday the government’s commitment to implement reforms...

Updated 12 Dec, 2024 09:04am

BR Research

Discos: Dancing to the tune of inefficiency

NEPRA’s FY24 Performance Evaluation Report is out, and the results are depressingly predictable. Pakistan’s power...

Published 12 Dec, 2024 08:42am

BR’s refresher: your morning briefing for the day

Important updates from December 11, 2024

Published 12 Dec, 2024 08:41am

Companies

Muhammad Nauman Chughtai appointed new President/CEO of MCB Bank

KARACHI: Muhammad Nauman Chughtai has been appointed as the new President & CEO of MCB Bank Limited. He will...

Updated 12 Dec, 2024 08:41am

BR Research

Forget FY24

In 2021, buckling under the pressure of a rising import bill, soaring inflation, and shrinking reserves, the State...

Published 12 Dec, 2024 08:37am

BR Research

Pakistan Services Limited

Pakistan Services Limited (PSX: PSEL) was incorporated in Pakistan as a public limited company in 1958. The company...

Published 12 Dec, 2024 08:32am

Opinion

Agricultural products: Impact of ICT adoption on consumer purchase intentions

This article is based on outcome of recently attended 2nd International NSPP Public Conference on Food Security,...

Updated 12 Dec, 2024 08:26am

Opinion

Economic repercussions of reliance on cotton imports

Pakistan’s economy is fundamentally rooted in agriculture, with cotton serving as the cornerstone of its...

Updated 12 Dec, 2024 08:11am

Opinion

Who won, who lost in Syria?

Who cares about learning a lesson when a really big prize is in sight? So, from the point of view of the US whose...

Updated 12 Dec, 2024 08:08am

Editorials

Low voter turnout

EDITORIAL: It is reasonable to assume that more and more people in this country are keen to exercise their right to...

Updated 12 Dec, 2024 08:04am

Editorials

Rising remittance flows

EDITORIAL: Remittances surged by 34 percent year-on-year to 14.76 billion dollars July-November 2024 against 11...

Updated 12 Dec, 2024 08:03am

Pakistan

BD outgoing HC pays farewell call on PM

ISLAMABAD: The outgoing High Commissioner of Bangladesh to Pakistan, Ambassador Muhammad Ruhul Alam Siddique, paid a...

Updated 12 Dec, 2024 07:45am

Business & Finance

12 major Chinese firms visit various sites of Dhabeji SEZ

KARACHI: A delegation of 12 major Chinese companies, accompanied by Special Assistant to the Chief Minister of Sindh...

Published 12 Dec, 2024 07:43am

Pakistan

40th SAARC Charter Day Celebration: South Asian leaders and business delegates unite for regional collaboration

ISLAMABAD: A high level delegation of South Asian leaders and business representatives led by Md. Jashim Uddin,...

Published 12 Dec, 2024 07:41am

Pakistan

Uplift schemes: Centre, KP agree to expedite pace of work

PESHAWAR: Chairman of the Prime Minister Inspection Commission, Brigadier Muzaffar Ali Ranjha (R) called on Chief...

Published 12 Dec, 2024 07:39am

Pakistan

Japan announces new $3.1m grant for oral polio vaccines

ISLAMABAD: The Government of Japan has announced a new $3.1 million grant to procure essential oral polio vaccines ...

Published 12 Dec, 2024 07:36am

Pakistan

ASF foils drug smuggling attempt

KARACHI: Airport Security Force (ASF) on Wednesday claimed to have foiled a drug smuggling attempt at Karachi...

Published 12 Dec, 2024 07:34am

Pakistan

Drought warning for several parts of southern region issued

KARACHI: The Met Office on Wednesday issued a drought warning for several parts of the country’s southern region,...

Published 12 Dec, 2024 07:32am

Pakistan

PTI chairman addresses NA, demands govt provide justice to party

ISLAMABAD: With call to form an independent high-powered judicial commission to probe into May 9 and November 26...

Published 12 Dec, 2024 07:32am

Pakistan

‘Missing’ PTI workers: ‘We don’t know whether they are alive or dead,’ Shibli tells Senate

ISLAMABAD: The D-Chowk debacle has resonated in the upper house of the Parliament too — with Pakistan...

Published 12 Dec, 2024 07:27am

Energy

Minister seeks presentation on Discos’ sell-off plan

ISLAMABAD: Federal Minister for Privatization Abdul Aleem Khan on Wednesday directed the Ministry of Power to ...

Published 12 Dec, 2024 07:25am

Pakistan

IHC issues notice to ECP on Naqvi’s nomination papers for Senate polls

ISLAMABAD: The Islamabad High Court (IHC) issued notice to the Election Commission of Pakistan (ECP) in response to ...

Published 12 Dec, 2024 07:24am

Taxes

SUVs/EVs: FBR chairman briefs Senate body on chargeability of FED

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Wednesday informed that Ministry of ...

Published 12 Dec, 2024 07:23am

Pakistan

PM offers condolences over death of Speaker Sadiq’s sister

ISLAMABAD: Prime Minister Shehbaz Sharif expressed condolences with Speaker Sardar Ayaz Sadiq on the death of his...

Published 12 Dec, 2024 07:20am

Business & Finance

There’s improvement in overall business confidence: OICCI

KARACHI: Better economic growth, improvement in exchange rate and decline in inflation have contributed to the...

Published 12 Dec, 2024 07:15am

Commodities

Gold prices soar

KARACHI: Gold prices galloped on Wednesday, reflecting a sharp rise in global rates, traders said. Midweek trade saw...

Published 12 Dec, 2024 07:12am

Cotton & Textile

Cotton market: Buyers conspicuous by their absence

LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained low. Cotton Analyst...

Published 12 Dec, 2024 07:11am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (December 11, 2024)...

Published 12 Dec, 2024 07:10am

Commodities

Dalian iron ore retreats

SINGAPORE: Dalian iron ore futures prices retreated on Wednesday but hovered near two-month highs, as investors...

Published 12 Dec, 2024 07:08am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 177,794 tonnes of cargo comprising 118,573 tonnes of import cargo and 59,221...

Published 12 Dec, 2024 07:08am

Commodities

Palm oil lower on profit-booking

JAKARTA: Malaysian palm oil futures extended loss on Wednesday, as traders booked profits following early gains that...

Published 12 Dec, 2024 07:07am

Energy

Oil prices rise

HOUSTON: Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions...

Published 12 Dec, 2024 07:06am

Commodities

Dollar weighs on copper

LONDON: Copper prices fell on Wednesday in response to a stronger US dollar, paring gains that drove the market to...

Published 12 Dec, 2024 07:05am

Commodities

Gold prices move up

NEW YORK: Gold gained on Wednesday after an inflation print came in line with expectations, boosting the likelihood...

Published 12 Dec, 2024 07:04am

Commodities

Tighter US supply outlook holds corn near its highest since

CANBERRA/PARIS: Chicago corn futures climbed on Wednesday and were near their highest levels since June 25 after the...

Published 12 Dec, 2024 07:03am

Commodities

Japanese rubber futures climb

SINGAPORE: Japanese rubber futures gained ground on Wednesday, snapping a two-day losing streak, as concerns over...

Published 12 Dec, 2024 07:02am

Energy

US natgas prices climb

NEW YORK: US natural gas futures climbed about 4% to a one-week high on Wednesday on forecasts for colder weather ...

Published 12 Dec, 2024 07:00am

Stocks

Nikkei reverses course to close tad higher

TOKYO: Japan’s Nikkei share average erased losses to end marginally higher on Wednesday as investors bought back...

Published 12 Dec, 2024 06:59am

Stocks

Indian shares muted ahead of domestic data

MUMBAI: Indian shares were little changed on Wednesday, as investors awaited key U.S and domestic inflation data for...

Published 12 Dec, 2024 06:58am

Stocks

China stocks range-bound as investors eye economic meeting

HONG KONG: China traded in a narrow range on Wednesday as investors awaited a key economic policy meeting for clues...

Published 12 Dec, 2024 06:51am

Money & Banking

Dollar little changed after CPI

NEW YORK: The dollar was little changed on Wednesday after US price data came in line with forecasts, reinforcing...

Published 12 Dec, 2024 06:50am

Stocks

European shares close up after US inflation data

FRANKFURT: European stocks recouped earlier losses and closed up on Wednesday, as investors added to bets that the...

Published 12 Dec, 2024 06:49am

Stocks

FTSE 100 edges higher after US inflation data

LONDON: Britain’s FTSE 100 index nudged higher on Wednesday, led by precious metal miners, after the US inflation...

Updated 12 Dec, 2024 06:48am

Stocks

S&P, Nasdaq advance after inflation data

NEW YORK: The S&P 500 and the Nasdaq climbed on Wednesday after the latest inflation data bolstered bets on the...

Updated 12 Dec, 2024 06:47am

Money & Banking

Asian currencies retreat ahead of US inflation data

BENGALURU: A gauge of emerging Asian equities and currencies declined on Wednesday, as investors awaited US ...

Published 12 Dec, 2024 06:45am

Business & Finance

‘4pc reduction in inflation should be announced in new monetary policy’

KARACHI: Hanif Lakhani, former senior vice president of the Karachi Chamber of Commerce and Industry (KCCI) and...

Published 12 Dec, 2024 06:42am

Pakistan

Consumer Health Expo estimated to generate $20m in deals

KARACHI: The 10th edition of the Beauty, Fitness, Consumer Health Expo and ICPF (Household & Stationery ...

Published 12 Dec, 2024 06:40am

Pakistan

Court Elahi last opportunity to appear for indictment

LAHORE: A special court for anti-corruption on Wednesday expressed its serious displeasure over the continuous...

Published 12 Dec, 2024 06:40am

Pakistan

ATC extends physical remand of 9 PTI workers

ISLAMABAD: The Anti-Terrorism Court (ATC) on Wednesday extended the physical remand of nine Pakistan Tehreek-e-Insaf...

Published 12 Dec, 2024 06:40am

Pakistan

Ayaz advocates more connectivity, fostering co-operation among legislatures

ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq said that enhancing connectivity and fostering close...

Published 12 Dec, 2024 06:32am

Pakistan

CM’s Skilled Punjab Programme launched

LAHORE: Aligned with the Chief Minister of Punjab, Maryam Nawaz Sharif’s mission, the Punjab Skills Development...

Published 12 Dec, 2024 06:29am

Pakistan

The Weather

KARACHI: The weather report on Wednesday (December 11, 2024) and the forecast for Thursday (December 12, 2024)...