News Archives for Latest - 2024-12-19

Europe

Putin says Russia is ready to compromise with Trump on Ukraine war

Says Russia got much stronger since ordered troops into Ukraine in 2022

Updated 20 Dec, 2024 09:03am

Pakistan

Right Quest urges implementation of harm reduction strategies for smoke-free Pakistan

KARACHI: A seminar was held recently where experts advocating for tobacco harm reduction encouraged for regulatory...

Published 19 Dec, 2024 11:57pm

Perspectives

Revamping IPPs: lessons from international practices

Pakistan’s energy sector has long been a key contributor to the country’s economic growth and development, but it...

Published 19 Dec, 2024 11:39pm

World

Iraq sends nearly 2,000 Syrian soldiers back home

BAGHDAD: Iraq sent back nearly 2,000 Syrian soldiers on Thursday to their homeland after they had sought refuge in...

Published 19 Dec, 2024 11:09pm

World

IMF says ready to support Syria reconstruction when conditions allow

WASHINGTON: The International Monetary Fund stands ready to assist Syria’s reconstruction alongside the...

Published 19 Dec, 2024 11:03pm

Technology

SpaceX to launch more private astronaut missions to ISS

WASHINGTON: Elon Musk’s SpaceX is planning to fly private crew missions to the International Space Station in...

Published 19 Dec, 2024 10:56pm

Europe

Russia says Lavrov discussed Ukraine war with Swiss counterpart

MOSCOW: Russian Foreign Minister Sergei Lavrov discussed the Ukraine war with his Swiss counterpart Ignazio Cassis...

Published 19 Dec, 2024 10:49pm

Energy

OGDCL begins oil & gas production from Hyderabad

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,...

Updated 19 Dec, 2024 10:46pm

Currency

Rupee records slight decline against US dollar

Currency settles at 278.35 in inter-bank market

Updated 19 Dec, 2024 10:43pm

Pakistan

Pakistan, Bangladesh agree to expand bilateral ties

Prime Minister Shehbaz Sharif meets Bangladesh's Chief Adviser Muhammad Yunus at the D-8 Summit to discuss bilateral relations

Updated 19 Dec, 2024 10:39pm

Forex

SBP-held foreign exchange reserves increase $31mn, now stand at $12.08bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $31 million on a weekly basis,...

Updated 19 Dec, 2024 10:38pm

Stocks

Bloodbath at PSX: KSE-100 plunges record 4,795 points amid correction

Benchmark index under pressure as investors look to book profits

Updated 19 Dec, 2024 10:38pm

Pakistan

Pakistan terms US sanctions on entities as unfortunate, biased

FO says such double standards and discriminatory practices not only undermine the credibility of non-proliferation regimes but also endanger regional and international peace and security

Updated 19 Dec, 2024 09:47pm

USA

Amazon workers strike at seven US facilities ahead of Christmas rush

Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush,...

Published 19 Dec, 2024 09:46pm

Sports

India to play Champions Trophy on neutral ground, not Pakistan: ICC

KARACHI: India will play next year’s Champions Trophy matches on neutral ground after refusing to visit tournament...

Updated 19 Dec, 2024 09:46pm

Pakistan

D-8 summit: PM Shehbaz says youth key driver to economic development

Prime Minister Shehbaz Sharif on Thursday said that a country’s youth plays a key role for its economic development....

Updated 19 Dec, 2024 09:45pm

Business & Economy

No UAE visa issue, waiting for Islamabad to sign FTA: UAE consul general

KARACHI: UAE Consul General in Karachi Dr Bakheet Ateeq Al Rumaithi announced on Thursday that talks for a free...

Updated 19 Dec, 2024 09:44pm

Pakistan

Shah Mehmood, Gandapur among 14 PTI leaders indicted in May 9 GHQ attack case

ATC judge Amjad Ali Shah indicted accused while hearing May 9 related cases at Adiala Jail

Updated 19 Dec, 2024 09:40pm

Europe

Ukraine says three killed by Russian missile in Kharkiv region

KYIV: A Russian missile strike on Thursday killed three people in the village of Shevchenkove in the eastern Kharkiv...

Published 19 Dec, 2024 09:09pm

Stocks

US stocks open higher after post-Fed sell-off

NEW YORK: Wall Street stocks rose early Thursday, recovering some of the losses from the prior session’s sell-off,...

Published 19 Dec, 2024 08:00pm

Stocks

Most Gulf shares join global decline as Fed sounds hawkish

Most stock markets in the Gulf tracked global equities lower on Thursday after the U.S. Federal Reserve signaled a...

Published 19 Dec, 2024 07:23pm

Forex

Cryptocurrencies growing more popular in eurozone: ECB

FRANKFURT: The number of eurozone consumers who own cryptocurrencies has more than doubled in the past two years,...

Published 19 Dec, 2024 06:48pm

Middle East

Palestinians say six killed in Israeli West Bank operations

RAMALLAH: Palestinian officials said Israeli forces killed six people in operations in two refugee camps in the...

Published 19 Dec, 2024 06:45pm

Pakistan

Pakistan, Indonesia agree to remain in close contact to maintain momentum in bilateral relations

Prime Minister Shehbaz Sharif holds a meeting with President of Indonesia H.E Prabowo Subianto,

Updated 19 Dec, 2024 06:26pm

Pakistan

No loss of life as fire doused at Karachi’s Rimpa Plaza: rescue officials

Rescue officials on Thursday said they succeeded in controlling a fire that erupted in a multi-storey building named...

Updated 19 Dec, 2024 06:21pm

Energy

Oil slips on demand concerns after Fed signals slower rate cuts

Oil prices fell on Thursday after the U.S. Federal Reserve signalled it would slow the pace of interest rate cuts in...

Updated 19 Dec, 2024 06:03pm

Commodities

Asia rice: Rising supplies weigh on India prices, Vietnam sees lower demand

Prices of parboiled rice exported from India fell this week as the rupee depreciated and supplies increased, while...

Published 19 Dec, 2024 05:37pm

Middle East

Putin says fall of Assad not a ‘defeat’ for Russia

MOSCOW: Russian President Vladimir Putin said Thursday that the fall of ex-Syrian leader Bashar al-Assad was not a...

Published 19 Dec, 2024 05:33pm

Money & Banking

BoE holds interest rate after inflation rise

LONDON: The Bank of England on Thursday kept its key interest rate at 4.75 percent, deciding against a cut in line...

Published 19 Dec, 2024 05:27pm

South Asia

Divers, helicopters hunt survivors of Mumbai boat accident that killed 13

MUMBAI: Helicopters and divers scoured the waters off India’s financial capital of Mumbai on Thursday in a search...

Published 19 Dec, 2024 05:25pm

Bullion Rate

Gold price per tola falls Rs2,600 in Pakistan

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

Updated 19 Dec, 2024 05:20pm

Middle East

Israel keeps up Gaza bombardment as ceasefire talks intensify

CAIRO: US and Arab mediators are working round-the-clock to hammer out a ceasefire deal between Israel and Hamas,...

Published 19 Dec, 2024 05:17pm

Stocks

Indian shares decline as Fed’s hawkish outlook spooks investors

Indian shares fell on Thursday after the Federal Reserve forecast fewer interest rate cuts in 2025, souring risk...

Published 19 Dec, 2024 05:04pm

Stocks

Sri Lanka shares end higher for 18th straight session

CSE All-Share index settled 0.27% higher at 14,654.26

Published 19 Dec, 2024 05:02pm

D-8 summit: PM Shehbaz says youth key driver to economic development

Published 19 Dec, 2024 05:01pm

Commodities

Copper hits 5-week low on selling sparked by dollar jump

LONDON: Copper prices fell to five-week lows on Thursday as the dollar jumped to near two-year peaks after the U.S....

Published 19 Dec, 2024 04:59pm

Commodities

Palm falls for fifth session amid Indonesia, US biofuel policy uncertainty

KUALA LUMPUR: Malaysian palm oil futures slipped on Thursday for a fifth straight session, weighed down by...

Published 19 Dec, 2024 04:56pm

Recorder headlines

Published 19 Dec, 2024 04:01pm

Stocks

UK’s FTSE slides to 1-mo low as Fed dampens mood ahead of BoE

UK’s main FTSE 100 stock index dropped 1% and revisited its near one-month low on Thursday, as the US Federal...

Published 19 Dec, 2024 03:46pm

Forex

Forint edges towards 2-year lows after Fed, crown weakens before central bank meeting

BUDAPEST: Hungary’s forint led losses on Thursday in Central Europe, easing half a percent close to new 2-year lows...

Published 19 Dec, 2024 03:44pm

Europe

No winners in potential US-EU trade war except China, EU’s Kallas says

BRUSSELS: There would be no winners in a potential trade war between the United States and the European Union except...

Published 19 Dec, 2024 03:39pm

Forex

Ugandan shilling stable on sluggish activity

KAMPALA: The Ugandan shilling was flat on Thursday, with both dollar demand and supply being sluggish, traders said....

Published 19 Dec, 2024 03:36pm

Mutual Funds

US 10-year yields hit fresh 6-1/2-month high after the Fed

US 10-year Treasury yields rose to a fresh 6-1/2-month high on Thursday after the Federal Reserve flagged a slower...

Published 19 Dec, 2024 03:35pm

Technology

Sony buys 10% of ‘Elden Ring’ owner for $320mn

TOKYO: Japanese electronics titan Sony said Thursday it had paid more than $300 million for a 10 percent stake in...

Published 19 Dec, 2024 03:11pm

Energy sector: France concerned at ‘challenges’ faced by its firms

ISLAMABAD: Following Germany and United Kingdom (UK), France has also raised its concerns on challenges being faced...

Updated 19 Dec, 2024 03:03pm

PRAL restructuring plan endorsed: ECC approves Rs10bn for urea subsidy dues

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday took several decisions including...

Updated 19 Dec, 2024 03:03pm

Taxmen likely to seal unregistered people’s co’s premises

ISLAMABAD: The Federal Board of Revenue (FBR) will empower Inland Revenue officials to seal unregistered people’s...

Updated 19 Dec, 2024 03:03pm

Tax laws bill tabled in NA: Govt steps up pressure on non-filers

Non-filers will be prohibited from purchasing, booking, registration of vehicles over 800cc, acquiring property beyond a specified limit, and making stock purchases beyond a certain threshold

Updated 19 Dec, 2024 03:03pm

Sports

Keshav Maharaj out of Pakistan ODIs, doubt for crucial Test series

CAPE TOWN: First choice spinner Keshav Maharaj has been ruled out of the remaining two One-Day Internationals...

Published 19 Dec, 2024 02:31pm

Europe

France says bird flu-free after month without outbreaks

PARIS: France has declared itself to be free of highly pathogenic avian influenza in the absence of new outbreaks...

Published 19 Dec, 2024 02:30pm

Business & Finance

Investors trim bets again on Bank of England rate cuts in 2025

LONDON: Investors reduced further their bets on how quickly the Bank of England will cut interest rates next year...

Published 19 Dec, 2024 02:28pm

Mutual Funds

Euro zone bond yields jump after Fed decision

Euro zone bond yields jumped on Thursday, a day after the US Federal Reserve cut interest rates as expected but...

Published 19 Dec, 2024 02:27pm

Business & Finance

India antitrust body raids Pernod, AB InBev in liquor industry crackdown, sources say

NEW DELHI: India’s antitrust body has raided some offices of alcohol giants Pernod Ricard and Anheuser-Busch InBev...

Published 19 Dec, 2024 02:25pm

Mutual Funds

JGB yields retreat as BOJ stands pat, Ueda strikes dovish tone

TOKYO: Japanese government bond yields retreated from session peaks on Thursday after Bank of Japan Governor Kazuo...

Published 19 Dec, 2024 02:22pm

Europe

Labour shortages ease in Germany’s economy, survey shows

BERLIN: Fewer German companies than in the previous year are struggling to fill vacancies due to labour shortages,...

Published 19 Dec, 2024 02:21pm

Technology

France fines Electrolux $46mn in 2009-2014 antitrust case

STOCKHOLM: Electrolux said on Thursday it had been fined 44.5 million euros ($46.3 million) by the French...

Published 19 Dec, 2024 02:17pm

Forex

Pound rocked by tough-talking Fed ahead of BoE decision

LONDON: Sterling inched higher on Thursday as it recovered some of its steep losses suffered late on Wednesday when...

Published 19 Dec, 2024 02:15pm

Stocks

European stocks tumble after Fed’s hawkish signal

European stocks tumbled on Thursday, on course for their biggest percentage drop in five weeks, as investors fled...

Published 19 Dec, 2024 02:14pm

Forex

Russian rouble firms against dollar ahead of Putin’s annual live event

MOSCOW: The Russian rouble strengthened slightly against the US dollar on Thursday ahead of President Vladimir...

Published 19 Dec, 2024 02:13pm

Forex

Asian currencies, stocks slide as Fed signals slower rate cuts

Emerging Asian stocks tumbled to multi-month lows on Thursday while currencies weakened against a strong dollar, as...

Published 19 Dec, 2024 02:11pm

Commodities

Japan offers buys 77,220 tons of food wheat via tender

TOKYO: Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 77,220 metric tons of...

Published 19 Dec, 2024 02:09pm

Forex

Kenyan shilling steady; remittance inflows meet demand

NAIROBI: The Kenyan shilling was steady on Thursday, with inflows from remittances matching importer demand for...

Published 19 Dec, 2024 02:08pm

Asia

China calls Pentagon report on Chinese military corruption ‘irresponsible’

BEIJING: China’s foreign ministry urged the United States to stop issuing “irresponsible reports” after the Pentagon...

Published 19 Dec, 2024 02:07pm

Commodities

Iron ore hits near 1-month low on China concerns, Fed outlook

BEIJING: Iron ore futures prices fell on Thursday to their lowest in nearly a month, as concerns about demand...

Published 19 Dec, 2024 02:04pm

Business & Finance

Philippine central bank cuts policy rate by 25 bps, as expected

MANILA: The Philippine central bank cut its key interest rate by 25 basis points (bps) to 5.75% on Thursday, its...

Published 19 Dec, 2024 02:03pm

Energy

Gazprom to send 42.4 mcm of gas to Europe via Ukraine on Thursday

MOSCOW: Russian gas producer Gazprom said it would send 42.4 million cubic metres (mcm) of gas to Europe via Ukraine...

Published 19 Dec, 2024 02:02pm

Commodities

South Korea’s NOFI tenders to buy up to 138,000 metric tons corn

HAMBURG: Leading South Korean feedmaker Nonghyup Feed Inc (NOFI) has issued an international tender to purchase up...

Published 19 Dec, 2024 02:01pm

Asia

Malaysian court acquits wife of ex-PM Najib of money laundering and tax evasion

KUALA LUMPUR: Malaysia’s High Court on Thursday acquitted Rosmah Mansor, the wife of jailed former Prime Minister...

Published 19 Dec, 2024 01:59pm

Middle East

Dubai Roads and Transport Authority awards $5.6bn metro line project to consortium

DUBAI: The Dubai Roads and Transport Authority (RTA) awarded on Thursday a 20.5 billion dirham ($5.6 billion)...

Published 19 Dec, 2024 01:58pm

Fire engulfs building at Karachi’s MA Jinnah Road

Published 19 Dec, 2024 01:38pm

Sports

Real Madrid outclass Pachuca to win Intercontinental Cup

DOHA: Kylian Mbappe and Vinicius Junior both scored as Real Madrid cruised to a 3-0 victory over Mexican side...

Published 19 Dec, 2024 01:27pm

Sports

Fonseca stuns Fils on NextGen opening day

JEDDAH: Brazilian teenager Joao Fonseca stunned top seed and 2023 runner-up Arthur Fils with a five-set victory in...

Published 19 Dec, 2024 01:24pm

Movies & Music

Brazilian judge orders Adele song removed over plagiarism claim

Learn more aboutRefinitiv My News FV Brazilian judge orders Adele song removed over plagiarism claim By Luciana...

Published 19 Dec, 2024 01:21pm

Life & Style

Kite-making picks up in India’s Gujarat as harvest festival nears

AHMEDABAD, India: Huddled over piles of colourful paper, Mohammad Yunus is one among thousands of workers in India’s...

Published 19 Dec, 2024 01:19pm

Sports

PSG win thriller in Monaco but lose Donnarumma to facial injury

PARIS: Paris Saint-Germain came from behind to extend their unbeaten start to the Ligue 1 season with a 4-2 win away...

Published 19 Dec, 2024 01:18pm

Sports

Gabriel Jesus ‘back at his best’ with Arsenal treble in League Cup

LONDON: Mikel Arteta claimed Gabriel Jesus was “back at his best” after the Brazilian fired Arsenal into the League...

Published 19 Dec, 2024 01:16pm

Sports

Ange Postecoglou says football harder than being Prime Minister

LONDON: Tottenham boss Ange Postecoglou believes the job of a Premier League manager is harder than being Prime...

Published 19 Dec, 2024 01:13pm

Europe

Vladimir Putin to hold yearly presser in third winter of Ukraine offensive

MOSCOW: Russian President Vladimir Putin will hold his annual end-of-year press conference Thursday, almost three...

Published 19 Dec, 2024 01:10pm

South Asia

52 killed in two bus accidents in central Afghanistan

AFGHANISTAN: Two bus accidents involving a fuel tanker and a truck on a highway through central Afghanistan killed...

Published 19 Dec, 2024 01:07pm

Europe

International rescuers join search for Vanuatu quake survivors

PORT VILA: Overseas rescuers joined a hunt for survivors in the rubble of shattered buildings in earthquake-struck...

Published 19 Dec, 2024 01:03pm

Business & Finance

Sharp slowdown pushes New Zealand into recession

WELLINGTON: New Zealand tipped into recession in the third quarter, official data showed Thursday, with the economy...

Published 19 Dec, 2024 01:01pm

South Asia

Iran calls Israeli strikes on Yemen ‘flagrant violation’

TEHRAN: Iran condemned on Thursday as a “flagrant violation” Israeli strikes on ports and energy sites in Yemen,...

Published 19 Dec, 2024 12:56pm

South Asia

Storm fears overshadow India coast decades after tsunami

AKKARAIPETTAI: The deadly tsunami that swamped India’s southern coast two decades ago was a one-off disaster, but...

Published 19 Dec, 2024 12:54pm

Business & Finance

Taiwan’s Foxconn in talks with Renault over Nissan stake: report

TAIPEI: Taiwan’s Foxconn is in talks with French auto giant Renault to buy its major stake in Japanese carmaker...

Published 19 Dec, 2024 12:50pm

Asia

Hanoi karaoke bar fire kills 11, arson suspected

HANOI: A fire ripped through a karaoke bar in the Vietnamese capital, killing 11 people and injuring two others in a...

Published 19 Dec, 2024 12:48pm

Sports

Jasprit Bumrah: The India sling king who’s revelling in Australia

NEW DELHI: With his “slingshot” delivery and ability to unsettle the world’s best batsmen, India’s Jasprit Bumrah is...

Published 19 Dec, 2024 12:45pm

Middle East

Israel hits port, energy sites in Yemen after missile intercepted

OCCUPIED JERUSALEM: Israel said Thursday it struck ports and energy infrastructure used by Houthi rebels in Yemen...

Updated 19 Dec, 2024 12:31pm

Forex

Thai baht weaker vs US dollar at 0225 GMT

BANGKOK: The Thai baht dropped in morning trade on Thursday as the dollar strengthened after the Federal Reserve...

Published 19 Dec, 2024 12:09pm

Energy

Sinopec forecasts China’s petroleum consumption will peak by 2027

BEIJING: China’s petroleum consumption is expected to peak by 2027 at no more than 800 million metric tons, the...

Published 19 Dec, 2024 12:07pm

South Asia

Thirteen dead after naval vessel hits passenger boat off Mumbai

MUMBAI: At least 13 people died when an Indian naval boat collided with a passenger ferry with more than 100...

Published 19 Dec, 2024 12:04pm

Forex

Indonesia central bank says rupiah fall due to impact of Fed outlook

JAKARTA: Indonesia’s central bank said the rupiah’s sharp fall to fresh four-months on Thursday was due to the...

Published 19 Dec, 2024 11:51am

FBR will now share income tax returns data with banks

According to Tax Laws (Amendment) Bill 2024 introduced in NA, exchange of banking and tax information related to high-risk persons has been allowed between banks and FBR

Updated 19 Dec, 2024 11:49am

Asia

North Korean troops suffer 100 deaths, struggling in drone warfare, South Korea says

SEOUL: At least 100 North Korean troops deployed to Russia have been killed with another 1,000 injured in combat...

Published 19 Dec, 2024 11:49am

Companies

Volkswagen nears deal with unions to keep car plants open, Bloomberg says

BERLIN: Volkswagen and labour unions are nearing an agreement to restructure the brand without closing factories in...

Published 19 Dec, 2024 11:44am

Business & Finance

BOJ keeps rates steady by 8-1 vote, board member Tamura dissents

TOKYO: The Bank of Japan kept interest rates steady on Thursday, underscoring policymakers’ preference to spend more...

Published 19 Dec, 2024 11:42am

Commodities

Palm falls further on weakness of rival edible oils

KUALA LUMPUR: Malaysian palm oil futures fell on Thursday for a fifth straight session, weighed down by weakness in...

Published 19 Dec, 2024 11:39am

Asia

South Korea’s Yoon willing to present views himself in legal proceedings, lawyer says

SEOUL: South Korea’s impeached President Yoon Suk Yeol is willing to present his views himself during legal...

Published 19 Dec, 2024 11:36am

Commodities

Soybeans at 4-year lows amid supply glut, strong dollar

CANBERRA: Chicago soybean futures on Thursday sat at their lowest since September 2020, pinned down by a strong...

Published 19 Dec, 2024 11:32am

Bullion Rate

Gold recovers from one-month low on short-covering

Gold prices jumped more than 1% on Thursday on short-covering after dipping to the lowest in a month earlier in the...

Published 19 Dec, 2024 11:29am

Europe

Ukrainian drone attack starts fire at refinery in Russia’s Rostov region, governor says

A night-time Ukrainian drone attack triggered a fire at the Novoshakhtinsk oil refinery in Rostov region in southern...

Published 19 Dec, 2024 11:26am

Forex

Australia, NZ dollars hit 2-year lows as Fed signals rate pause ahead

SYDNEY: The Australian and New Zealand currencies hit two-year lows on Thursday after the Federal Reserve signalled...

Published 19 Dec, 2024 11:22am

Stocks

Australian shares drop 2% as Fed signals fewer rate cuts in 2025

Australian shares plunged more than 2% on Thursday, led by commodity stocks and banks, as global investors reacted...

Published 19 Dec, 2024 11:18am

Stocks

Japan’s Nikkei slides on Wall Street’s lead as BOJ decision looms

TOKYO: Japan’s Nikkei share average slid 1.5% early on Thursday, taking cues from an overnight tumble on Wall...

Published 19 Dec, 2024 11:16am

Mutual Funds

Indian bond yields spike, mirroring Treasury yields, after hawkish Fed tone

MUMBAI: Indian government bond yields rose sharply on Thursday, with the benchmark bond yield hovering around a key...

Published 19 Dec, 2024 11:14am

Forex

Indian rupee weakens past 85/USD as hawkish Fed outlook compounds bearish bias

MUMBAI: The Indian rupee weakened past 85 to the US dollar for the first time on Thursday after a markedly hawkish...

Published 19 Dec, 2024 11:12am

Stocks

Indian shares set to open lower after Fed sees fewer rate cuts in 2025

Indian shares are likely to drop at open on Thursday after the US Federal Reserve projected fewer interest rate cuts...

Published 19 Dec, 2024 11:11am

Pakistan, Indonesia agree to remain in close contact to maintain momentum in bilateral relations

Published 19 Dec, 2024 10:10am

Business & Finance

Internet shutdown: Govt considering exempting STZs, incubation centres

ISLAMABAD: Amid fear of losing huge orders booking as well as shifting companies outside the country, the government...

Updated 19 Dec, 2024 09:50am

Business & Finance

Foreign investors: Jul-Nov profit repatriation soars 112pc to $1.129bn YoY

KARACHI: The repatriation of profits and dividends by foreign investors has soared by 112 percent during the first...

Updated 19 Dec, 2024 09:49am

Purchase of used vessels by PNSC: PPRA declines to give final opinion

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has reportedly declined to give any final opinion on...

Updated 19 Dec, 2024 09:10am

BR Research

FDI in 5MFY25

According to the State Bank of Pakistan (SBP), total FDI inflows reached $1.12 billion during July-November FY25, a...

Published 19 Dec, 2024 08:46am

BR Research

Pakistan’s startups: Grit amid the grind

The startup ecosystem of Pakistan has seen significant highs and lows over the last 5 years. Rising amid VC funding...

Published 19 Dec, 2024 08:45am

BR Research

Fatima Fertilizer Company Limited

Fatima Fertilizer Company Limited (PSX: FATIMA) was incorporated in Pakistan in 2003 as a result of the joint...

Published 19 Dec, 2024 08:44am

Pakistan

‘Right to self-determination’: UNGA adopts Pakistan-sponsored resolution

ISLAMABAD: The United Nations General Assembly (UNGA) has adopted the Pakistan-sponsored flagship resolution on the...

Updated 19 Dec, 2024 08:55am

Europe

Zelenskiy, NATO boss and European leaders discuss Ukraine security guarantees

BRUSSELS: Ukrainian President Volodymyr Zelenskiy held talks with NATO Secretary General Mark Rutte and other...

Published 19 Dec, 2024 08:54am

Business & Finance

PCGA data reveals sharp decline in cotton production

LAHORE: The latest figures released by the Pakistan Cotton Ginners Association (PCGA) reveal a sharp decline in...

Updated 19 Dec, 2024 08:50am

Pakistan

Sindh opposes increase in gas prices

KARACHI: Sindh Energy Minister Nasir Hussain Shah has rejected OGRA’s decision to increase gas prices, calling it...

Updated 19 Dec, 2024 08:49am

Pakistan

People’s Bus Service routes being expanded: Sharjeel

KARACHI: Sindh Senior Minister Sharjeel Inam Memon has announced that the routes of the People’s Bus Service are...

Published 19 Dec, 2024 08:39am

Pakistan

JI for immediate restoration of student unions

LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem-ur-Rehman has called for immediate restoration of student unions,...

Updated 19 Dec, 2024 08:45am

BR’s refresher: your morning briefing for the day

Important updates from December 18, 2024

Published 19 Dec, 2024 08:43am

Pakistan

Building resilient and equitable societies: Speakers demand role of governance and inclusion

LAHORE: Speakers at third annual Pathways to Development Conference held at LUMS demanded the role of governance and...

Published 19 Dec, 2024 08:42am

Pakistan

British HC official praises Punjab govt’s welfare initiatives

LAHORE: The Head of Lahore Office British High Commission, Ben Warrington, has praised the welfare initiatives...

Updated 19 Dec, 2024 08:41am

Pakistan

Regulation of single-use plastics: EPA Punjab starts online registration

LAHORE: The Punjab Environment Protection Agency has started the online registration of plastic product producers,...

Published 19 Dec, 2024 08:40am

South Asia

Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal

DHAKA: Bangladesh’s interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar...

Published 19 Dec, 2024 08:39am

Pakistan

Seminary registration bill: Wifaq-ul-Madaris decides to launch awareness drive

ISLAMABAD: The leadership of Wifaq-ul-Madaris Al-Arabia Pakistan has decided to start a countrywide campaign to...

Published 19 Dec, 2024 08:38am

Pakistan

Greece boat tragedy: PM orders stern action against human traffickers

ISLAMABAD: In the aftermath of Greece boat tragedy that resulted in deaths of five Pakistanis, Prime Minister ...

Updated 19 Dec, 2024 08:34am

Pakistan

Growing challenge of burgeoning population growth highlighted

ISLAMABAD: To reduce the rapid population growth and bring it to a sustainable level, implementation of the National...

Published 19 Dec, 2024 08:31am

Pakistan

Five more PTI workers: ATC disposes of pre-arrest bail pleas

LAHORE: An anti-terrorism court on Wednesday disposed of pre-arrest bail petitions of five more PTI workers after a...

Published 19 Dec, 2024 08:30am

Pakistan

CDA reviews arrangements for Christmas

ISLAMABAD: In preparation for the upcoming Christmas celebrations, a meeting was held at the Capital Development...

Published 19 Dec, 2024 08:29am

Industry

Chinese Investment Desk established at RUDA

LAHORE: The China Investment Desk has been established at Ravi Urban Development Authority (RUDA) to facilitate...

Published 19 Dec, 2024 08:28am

World

Amazon workers to strike at multiple US warehouses during busy holiday season

Thousands of Amazon.com workers will walk off the job on Thursday at 6 a.m. ET, in the crucial final days of the...

Published 19 Dec, 2024 08:27am

Commodities

16.5m acres target surpassed: Punjab farmers bring 16.7m acres under wheat crop sowing

LAHORE: Farmers in the province have brought 16.7 million acres of land under wheat sowing, surpassing the target of...

Published 19 Dec, 2024 08:24am

Taxes

Federal tax laws: Taxpayers’ rights fully protected: FTO

LAHORE: Federal Tax Ombudsman Dr Asif Mahmood Jah said on Wednesday that taxpayers’ rights are fully protected...

Published 19 Dec, 2024 08:23am

USA

Trump, not yet in office, already a figure in global economic policy

WASHINGTON: The world’s economic reckoning with the incoming administration of U.S. President-elect Donald Trump...

Published 19 Dec, 2024 08:23am

Pakistan

PCB chief meets KSA’s sports deputy minister

LAHORE: Chairman Pakistan Cricket Board (PCB) Mohsin Naqvi met Saudi Arabia’s Deputy Minister of Sports, Badr bin...

Published 19 Dec, 2024 08:20am

Sports

Mahnoor wins US Junior Squash Open Championship 2024

LAHORE: Mahnoor Ali, the 11-year-old youngest prominent squash talent, continues to make waves both locally and...

Updated 19 Dec, 2024 08:19am

Companies

Ufone 4G & ConnectHear partner to deliver AI-powered assistive technologies for disaster response

KARACHI: Ufone 4G, a leading telecommunications provider in Pakistan announced a partnership with ConnectHear, South...

Published 19 Dec, 2024 08:18am

Business & Finance

Declining risk premiums open the door to global markets: Schehzad

ISLAMABAD: Khurram Schehzad, advisor to finance minister Wednesday said the decline in country risk premiums ...

Published 19 Dec, 2024 08:16am

Pakistan

CPA praises reforms introduced in Punjab Assembly

LAHORE: The Commonwealth Parliamentary Association (CPA) has released a newsletter highlighting recent reforms in ...

Published 19 Dec, 2024 08:14am

Stocks

Asian stocks dive after Fed flags slower rate cuts, BOJ decision awaited

SINGAPORE: Asian stocks slid, bond yields rose and the dollar was perched near a two-year high on Thursday after the...

Published 19 Dec, 2024 08:14am

Pakistan

Experts warn climate change to create food crisis

ISLAMABAD: Environmental experts at a seminar, while spelling out serious threats posed by climate change, have...

Published 19 Dec, 2024 08:13am

Pakistan

FAPUASA, PPLA oppose reduction in pension, financial benefits

LAHORE: FAPUASA (Federation of All Pakistan Universities Academic Staff Associations) Central President Dr. Amjad...

Published 19 Dec, 2024 08:12am

Industry

‘PBF to help develop Karachi’s business community’

KARACHI: Malik Khuda Bakhsh, President of the Pakistan Business Forum (PBF) Karachi Chapter, stated that the forum...

Published 19 Dec, 2024 08:10am

Pakistan

Kakar terms SU as ‘Original Pakistan’

HYDERABAD: Former Caretaker Prime Minister of Pakistan Senator Anwaar-ul-Haq Kakar delivered a thought-provoking and...

Published 19 Dec, 2024 08:08am

Energy

KE issues schedule for annual transmission network maintenance

KARACHI: K-Electric (KE) has issued a temporary power shutdown schedule for necessary maintenance of its ...

Published 19 Dec, 2024 08:06am

Forex

South Korean won hits weakest since March 2009 on hawkish Fed

SEOUL: The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse...

Published 19 Dec, 2024 08:06am

Pakistan

KP completes 83pc computerization of land record

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has completed 83% computerization of land record in the...

Published 19 Dec, 2024 08:04am

Energy

Miran Block: KPOGCL completes bidding for exploration, production

PESHAWAR: The Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) has successfully completed the bidding process...

Published 19 Dec, 2024 08:03am

Energy

Power theft: LESCO recovers over Rs2.4m in a day

LAHORE: In a significant achievement, the Lahore Electric Supply Company (LESCO) has recovered a staggering Rs...

Published 19 Dec, 2024 08:02am

Pakistan

Outsourcing of govt schools in Punjab: LHC dismisses multiple identical petitions

LAHORE: The Lahore High Court (LHC) on Wednesday dismissed multiple identical petitions challenging the outsourcing...

Published 19 Dec, 2024 08:01am

Pakistan

Minister, Chinese envoy visit Pir Mehar Ali Shah Agri University

ISLAMABAD: Federal Minister for National Food Security and Research Rana Tanveer Hussain along with the Ambassador ...

Updated 19 Dec, 2024 08:00am

Forex

Dollar charges ahead on hawkish Fed outlook, yen awaits BOJ

SINGAPORE: The dollar flirted with a two-year peak on Thursday after the Federal Reserve signalled a slower pace of...

Published 19 Dec, 2024 08:00am

Industry

NLC completes 97pc work on ITTMS

ISLAMABAD: The National Logistics Corporation (NLC) has completed 97 per cent of work on the state-of-the-art...

Updated 19 Dec, 2024 07:56am

Pakistan

Parents’ Day marked at Cadet College Petaro: CM announces installation of solar power system for college

HYDERABAD: Sindh Chief Minister Syed Murad Ali Shah, speaking at the 62nd Parents’ Day celebrations at Cadet...

Updated 19 Dec, 2024 07:54am

Pakistan

Judicial Commission of Pakistan: PBC nominates Shamshad Ahmad Bajwa as its representative

LAHORE: A general house meeting of the Punjab Bar Council (PBC) on Wednesday nominated advocate Shamshad Ahmad Bajwa...

Published 19 Dec, 2024 07:52am

Pakistan

Illegal appointments in Punjab Assembly: Proceedings against Elahi adjourned

LAHORE: An anti-corruption court on Wednesday adjourned the proceedings in a reference against PTI president and...

Published 19 Dec, 2024 07:51am

Industry

Pakistan Tanners Association urges PM to avoid further increase in gas prices

KARACHI: On behalf of entire leather sector of Pakistan, Chairman Pakistan Tanners Association (PTA) Hamid A Zahur...

Published 19 Dec, 2024 07:50am

Pakistan

PTI ready to engage in talks with govt

ISLAMABAD: The beleaguered Pakistan Tehreek-e-Insaf (PTI) said on Wednesday that it is ready to engage in talks with...

Published 19 Dec, 2024 07:48am

Pakistan

Punjab govt mechanizing agriculture sector: Maryam

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has said the Punjab government is mechanizing the agriculture...

Published 19 Dec, 2024 07:47am

Business & Finance

Survey of SEZs completed

ISLAMABAD: A survey of Special Economic Zones (SEZs) across the country has been completed while further steps have...

Updated 19 Dec, 2024 07:41am

Pakistan

Tezgam Express catches fire; inquiry ordered

LAHORE: Tezgam Express train, leaving for Karachi from Lahore caught fire on Wednesday near Changa Manga railway...

Published 19 Dec, 2024 07:40am

Europe

Sarkozy must wear electronic tag after losing graft case appeal

PARIS: France’s highest appeals court ordered former president Nicolas Sarkozy to wear an electronic tag for a ...

Published 19 Dec, 2024 07:14am

Opinion

Arrest warrants for Netanyahu—II

1- Jurisdictional challenges, Palestinian statehood dispute: Israel contends the ICC lacks jurisdiction because from...

Updated 19 Dec, 2024 06:57am

Opinion

LPG adulteration

The Oil and Gas Regulatory Authority (Ogra) oversees Pakistan’s gas sector, including Liquefied Petroleum Gas...

Published 19 Dec, 2024 06:38am

Opinion

Cui bono?

It didn’t take long for headlines out of Syria to turn, did it? Locals that set fire to Hafez al Assad’s grave...

Published 19 Dec, 2024 06:30am

Editorials

The madressah bill controversy

EDITORIAL: Apparently, the ruling alliance did not realise the implications of what it bargained for when it sought...

Published 19 Dec, 2024 06:24am

Editorials

Fatal journeys

EDITORIAL: The capsizing of a boat carrying dozens of illegal immigrants near the Greek island of Gavdos, leading to...

Published 19 Dec, 2024 06:19am

Editorials

Women in elections

EDITORIAL: It’s heartening to note that the share of female voters in the total polled votes in 2024 saw a “marked...