News Archives for Latest - 2024-12-23

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Archive - 2024-12-23

Companies

Greentree Holdings looks to tender for 35% shares in TRG Pakistan

Greentree Holdings on Monday shared its public announcement to acquire up to 35.145% of the issued and paid-up share...

Updated 23 Dec, 2024 11:20pm

South Asia

Bangladesh tells India it wants former PM Hasina back for ‘judicial process’

DHAKA: Bangladesh has told neighbor India that it wants former Prime Minister Sheikh Hasina, who fled to New Delhi...

Updated 23 Dec, 2024 11:18pm

Markets

MARI completes disposal of withheld bonus shares

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, announced the completion of the...

Updated 23 Dec, 2024 11:17pm

Pakistan

Govt asks PTI to submit charter of demands in next round of talks

The government committee requested Pakistan Tehreek-e-Insaf (PTI) to submit its charter of demands in the next round...

Updated 23 Dec, 2024 11:17pm

Pakistan

Verdict in £190 million reference against Imran Khan, Bushra Bibi deferred

Court staff says the verdict will be announced on January 6, 2025

Updated 23 Dec, 2024 11:15pm

Pakistan

UAE visa restrictions do not imply ‘a complete denial’, Senate committee told

Committee members express reservations regarding update on visa restrictions

Published 23 Dec, 2024 11:12pm

Europe

Over 3,000 North Korean soldiers killed, wounded in Kursk: Zelensky

KYIV: Ukrainian President Volodymyr Zelensky said Monday that over 3,000 North Korean soldiers have been killed or...

Published 23 Dec, 2024 10:57pm

World

Lebanon PM, UN peacekeepers call for accelerated Israeli withdrawal

BEIRUT: United Nations peacekeepers and Lebanon’s prime minister called on Monday for the Israeli army to speed up...

Published 23 Dec, 2024 10:50pm

World

Netanyahu tells Israel parliament ‘some progress’ on Gaza hostage deal

JERUSALEM: Israel’s Prime Minister Benjamin Netanyahu told lawmakers on Monday that “some progress” had been made in...

Published 23 Dec, 2024 10:40pm

Pakistan

Bilawal says govt’s internet restrictions attempt to ‘control and censor’ public

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari Monday criticised the government’s internet...

Updated 23 Dec, 2024 10:04pm

Exchange

Rupee registers marginal decline against US dollar

Currency settles at 278.57 against greenback in inter-bank market

Updated 23 Dec, 2024 09:57pm

Stocks

KSE-100 gains over 4,400 points as buying momentum continues

Profit-taking spell makes way for investors to renew interest as index closes near 114,000

Updated 23 Dec, 2024 09:45pm

Markets

realme launches ‘first Pakistan-assembled’ waterproof mobile phone

Chinese smartphone maker realme unveiled on Monday a “waterproof and shockproof” Android mobile phone, claiming it...

Published 23 Dec, 2024 09:40pm

Technology

Sapphire Electronics to manufacture & assemble Samsung products in Pakistan

Sapphire Electronics (Pvt) Limited, a subsidiary of Reliance Cotton Spinning Mills Limited (RCML), has announced its...

Updated 23 Dec, 2024 08:54pm

Business & Economy

IFC, local banks to provide $52.2mn financing for tyre production in Pakistan

The International Finance Corporation (IFC), a member of the World Bank Group, and a consortium of Pakistani banks,...

Updated 23 Dec, 2024 08:53pm

Stocks

US stocks mostly fall as Treasury yields climb

NEW YORK: Wall Street stocks mostly fell early Monday to start a holiday-shortened trading week as rising Treasury...

Published 23 Dec, 2024 08:38pm

PPP chairman Bilawal slams internet slowdowns in Pakistan

Published 23 Dec, 2024 07:58pm

Sports

Van Dijk says ‘no deadline’ on deciding Liverpool future

LONDON: Virgil van Dijk says there is “no deadline” regarding his contract situation as the clock ticks down to the...

Published 23 Dec, 2024 07:12pm

Technology

Elon Musk’s X lifts price for premium-plus tier to pay creators

Elon Musk-owned X raised the price of its premium-plus plan in several markets from Dec. 21 as the social media...

Published 23 Dec, 2024 06:54pm

Sports

India seamer Shami ruled out of remaining two Australia Tests

Seamer Mohammed Shami will not be considered for India’s fourth and fifth Tests in Australia due to a knee injury,...

Published 23 Dec, 2024 06:51pm

Europe

Zelenskiy calls Slovak’s Fico dependence on Russia ‘big security issue’ for Europe

Ukrainian President Volodymyr Zelenskiy on Monday criticised what he said was Slovak Prime Minister Robert Fico’s...

Published 23 Dec, 2024 06:45pm

Sports

Players on edge after Sinner, Swiatek doping cases

BENGALURU: As Jannik Sinner and Iga Swiatek prepare for the new season after a year in which they fell foul of...

Published 23 Dec, 2024 05:47pm

Europe

Russia says captured another village in eastern Ukraine

MOSCOW: Russia on Monday said it had captured the village of Storozheve in eastern Ukraine, near the town of Velyka...

Published 23 Dec, 2024 05:31pm

Companies

Pakistan’s Feroze1888 Mills to establish subsidiary in UK

Feroze1888 Mills Limited (FML), a leading Pakistani textile exporter, has announced plans to establish a...

Updated 23 Dec, 2024 05:31pm

Middle East

Jordan foreign minister holds talks with Syria’s new leader

AMMAN: Jordanian Foreign Minister Ayman Safadi expressed his country’s support for Syria’s reconstruction in a...

Published 23 Dec, 2024 05:28pm

Middle East

Nine killed in Iran as bus, fuel truck collide: state media

TEHRAN: At least nine people were killed on Monday when a bus collided with a fuel truck in Iran’s southeast, state...

Published 23 Dec, 2024 05:23pm

Middle East

Saudi delegation meets Syria’s new leader: source close to government

RIYADH: A Saudi delegation has met Syria’s new leader Ahmed al-Sharaa in Damascus, a source close to the government...

Published 23 Dec, 2024 05:17pm

Middle East

Gaza official says Israel strikes on hospital ‘terrifying’

GAZA STRIP: An official from one of only two functioning hospitals in northern Gaza told AFP on Monday that Israeli...

Published 23 Dec, 2024 05:14pm

Energy

Oil prices stable on Monday as data offsets surplus concerns

LONDON: Oil prices stabilised on Monday after losses last week as lower-than-expected U.S. inflation data offset...

Updated 23 Dec, 2024 04:52pm

Bullion Rate

Gold unchanged at Rs273,400 per tola in Pakistan

Gold prices in Pakistan remained stable on Monday, in line with the international rates. In the local market, the...

Published 23 Dec, 2024 04:39pm

Govt asks PTI to submit charter of demands in next round of talks

Published 23 Dec, 2024 04:18pm

Recorder headlines

Published 23 Dec, 2024 04:02pm

Business & Finance

Sri Lanka’s inflation rate drops to minus 1.7% in November

Sri Lanka’s consumer price inflation dropped to minus 1.7% year-on-year in November after easing to minus 0.7% in...

Published 23 Dec, 2024 03:42pm

Stocks

British stocks subdued after data shows zero growth in Q3

The UK’s midcap FTSE 250 index fell on Monday while the FTSE 100 was flat, after data showed British economic output...

Published 23 Dec, 2024 03:39pm

Sports

Unfazed Konstas ready to answer Australia’s call on Boxing Day

MELBOURNE: Sam Konstas does not yet know whether he will make his debut in the cauldron of the fourth Test against...

Published 23 Dec, 2024 02:41pm

Luxury

Priced at $21,000: the sweet smell of success for niche perfumes

PARIS: They don’t advertise and they are largely unknown to the general public but niche perfumes are able to...

Published 23 Dec, 2024 02:37pm

Forex

Kenyan shilling stable versus dollar

NAIROBI: Kenya’s shilling was stable against the US dollar on Monday, data from the London Stock Exchange Group...

Published 23 Dec, 2024 02:35pm

Europe

Ukraine says it downed 47 Russia launched drones, 25 fail to reach targets

Ukraine’s air force said on Monday it had shot down 47 out of 72 Russia-launched drones across the country, while 25...

Published 23 Dec, 2024 02:34pm

Commodities

Copper continues rebound, most metals gain on weaker dollar

SHANGHAI: Most base metals rose on Monday, lead by copper, due to a weaker dollar and mild US inflation data that...

Published 23 Dec, 2024 02:29pm

Business & Finance

Spain’s Q3 GDP quarterly growth confirmed at 0.8%

Spain’s gross domestic product grew 0.8% in the third quarter, the country’s National Statistics Institute (INE)...

Published 23 Dec, 2024 02:28pm

Sports

Versatile Gonzalez happy to play out of position at Juventus

Nicolas Gonzalez is happy to play out of position for Juventus, the Argentina international said after scoring his...

Published 23 Dec, 2024 02:24pm

Mutual Funds

Euro zone bond yields edge up to one-month high

LONDON: Euro zone bond yields ticked up to their highest level in around a month on Monday as investors continued to...

Published 23 Dec, 2024 02:21pm

Stocks

Most Gulf shares up as cooler US inflation eases rate cut concerns

Most stock markets in the Gulf were up on Monday, after cooler-than-expected US inflation data revived hopes for...

Published 23 Dec, 2024 02:20pm

Stocks

European shares dip at the open; Novo Nordisk jumps

Europe’s STOXX 600 opened lower at the start of a holiday-shortened week, after clocking its steepest weekly drop...

Published 23 Dec, 2024 02:17pm

Business & Finance

UK economy flat-lined in Q3 in new setback for government

LONDON: Britain’s economy failed to grow in the third quarter, official figures showed on Monday, adding to the...

Published 23 Dec, 2024 02:15pm

Arts

India’s architecture fans guard Mumbai’s Art Deco past

MUMBAI: A towering cinema with a roofline like an ocean liner stands out in India’s financial capital Mumbai, part...

Published 23 Dec, 2024 02:15pm

Energy

Middle East share of India’s Nov oil imports at 9-mth high; Russia down

NEW DELHI: India’s November crude imports showed Middle Eastern oil at a 9-month high while Russia accounted for its...

Published 23 Dec, 2024 02:13pm

Business & Finance

Swiss business gets Christmas bonus from EU trade deal

ZURICH: Swiss business welcomed a new deal to overhaul the country’s relationship with the European Union, bringing...

Published 23 Dec, 2024 02:09pm

Europe

Plan to throttle foreign fossil fuel finance collapses at OECD, Bloomberg reports

A plan discussed by wealthy nations to throttle tens of billions of dollars in public support for oil and gas...

Published 23 Dec, 2024 02:05pm

Middle East

Only 12 trucks delivered food, water in North Gaza Governorate since October: Oxfam

UNITED NATIONS: Just 12 trucks distributed food and water in northern Gaza in two-and-a-half months, aid group Oxfam...

Published 23 Dec, 2024 01:46pm

Money & Banking

SBP to remain closed on Wednesday, December 25

The State Bank of Pakistan (SBP) on Monday said it will remain closed on Wednesday, December 25, 2024, in observance...

Published 23 Dec, 2024 01:42pm

South Asia

Afghan bread, the humble centrepiece of every meal

KABUL: Every day before dawn, Jamil Ghafori gets to work on the floor of a cramped Kabul bakery with five other men...

Published 23 Dec, 2024 01:42pm

World

Canada’s Trudeau losing support within his party: MPs

OTTAWA: Canadian Prime Minister Justin Trudeau’s support within his own party appeared to falter further on Sunday,...

Published 23 Dec, 2024 01:33pm

Sports

Atalanta fight back to take top spot in Serie A, Roma hit five

MILAN: Atalanta surged back to the top of the Serie A standings with a Charles De Ketelaere-inspired 3-2 win at home...

Published 23 Dec, 2024 01:22pm

Sports

Uncapped Jacobs in NZ squad for Sri Lanka T20s

Big-hitting batter Bevon Jacobs was the only uncapped player in the New Zealand squad for the Twenty20 and one-day...

Updated 23 Dec, 2024 01:20pm

World

Malaysia Airlines grounds new Airbus jet over safety concerns

KUALA LUMPUR: Malaysia Airlines has grounded its new Airbus A330neo jet just days after its maiden flight because of...

Published 23 Dec, 2024 01:19pm

Sports

De Minaur aiming for bigger and better 2025

SYDNEY: Alex De Minaur is coming off a breakthrough year that saw him reach a career-high world number six and the...

Published 23 Dec, 2024 01:15pm

World

Seven dead in small plane crash in western Mexico

MEXICO CITY: At least seven people died when a light aircraft crashed Sunday in a heavily forested area of Jalisco...

Published 23 Dec, 2024 01:15pm

Asia

North Korea suffers 1,100 casualties in Russia-Ukraine war: Seoul

SEOUL: More than 1,000 North Korean soldiers have been killed or wounded in Russia’s war with Ukraine, South Korea’s...

Published 23 Dec, 2024 01:12pm

South Asia

Indian police kill three Sikh separatist

LUCKNOW: Indian police said on Monday they had killed three Sikh militants fighting for a separate homeland known as...

Published 23 Dec, 2024 01:07pm

Middle East

Jordan foreign minister to hold talks with Syria’s new leader

AMMAN: Jordanian Foreign Minister Ayman Safadi was due in Damascus on Monday to meet with Syria’s new leader Ahmed...

Published 23 Dec, 2024 01:05pm

Travel

Rome’s Trevi Fountain restored in time for Jubilee year

ROME: A restored Trevi Fountain was unveiled on Sunday after more than two months of cleaning and restoration, part...

Published 23 Dec, 2024 12:50pm

Life & Style

Weightlifting Taiwan granny, 90, garners cheers, health benefits at gym

TAIPEI: Cheng Chen Chin-Mei beamed broadly as she hoisted a 35-kg (77-pound) weightlifting bar to her waist, dropped...

Published 23 Dec, 2024 12:46pm

Forex

Australia, NZ dollars steady but outlook still bearish

SYDNEY: The Australian and New Zealand dollars were on a steadier footing on Monday after Treasuries rallied on a...

Published 23 Dec, 2024 12:39pm

Commodities

Iron ore ticks higher on hopes of pre-holiday restocking

BEIJING: Iron ore futures prices rose on Monday, aided by expectations of another wave of restocking by steelmakers...

Published 23 Dec, 2024 12:23pm

South Asia

Dalai Lama seeks to allay health concerns as succession planning looms

DHARAMSHALA: When the Dalai Lama went to New York in June for knee surgery, his followers worried about his overall...

Published 23 Dec, 2024 12:20pm

World

Indonesian tsunami survivor holds on to hope for missing son after 20 years

BANDA ACEH: In front of Saudah’s house on Indonesia’s Sumatra island lie two damaged coast guard ships, washed...

Published 23 Dec, 2024 12:08pm

World

Cuba hit by magnitude 5.9 earthquake, EMSC says

An earthquake of magnitude 5.9 struck Cuba on Monday, the European-Mediterranean Seismological Centre (EMSC) said....

Published 23 Dec, 2024 12:01pm

Sports

Kylian Mbappe hit ‘rock bottom’ with missed penalty at Bilbao

Kylian Mbappe hit “rock bottom” with a penalty miss at Athletic Bilbao earlier this month as he struggled to adapt...

Published 23 Dec, 2024 11:59am

Europe

NATO chief Rutte says Zelenskiy’s criticism of Germany’s Scholz is unfair

BERLIN: NATO Secretary General Mark Rutte said he considered the sometimes harsh criticism of German Chancellor Olaf...

Published 23 Dec, 2024 11:57am

Mutual Funds

JGB yields tick up from one-month lows as BOJ Governor Ueda’s speech eyed

TOKYO: Japanese government bond yields rose slightly from one-month lows on Monday, as traders awaited a speech by...

Published 23 Dec, 2024 11:54am

Forex

Asian stocks, FX advance after benign US inflation eases rate cut worries

The Malaysian ringgit and Indonesian rupiah rose on Monday as Asian markets breathed a sigh of relief following a...

Published 23 Dec, 2024 11:52am

Business & Finance

Christine Lagarde says ECB very close to reaching its inflation goal, FT reports

European Central Bank (ECB) President Christine Lagarde said the euro zone was getting “very close” to reaching the...

Published 23 Dec, 2024 11:46am

World

Brazil bridge collapses, spilling sulfuric acid into river

A bridge connecting two states in Brazil’s northern and northeastern regions collapsed on Sunday as vehicles were...

Published 23 Dec, 2024 11:44am

Markets

Honda, Nissan aim to close merger talks in June 2025, source says

TOKYO: Honda and Nissan are likely to unveil on Monday a pact to explore a merger by setting up a joint holding...

Updated 23 Dec, 2024 11:38am

Business & Finance

Brace! Risks stack up for the global economy in 2025

No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new...

Published 23 Dec, 2024 11:34am

Life & Style

Makers of Taiwan’s ‘Zero Day’ TV series set around invasion fear backlash from China

TAIPEI: A Chinese war plane goes missing near Taiwan. China sends swarms of military boats and planes for a blockade...

Published 23 Dec, 2024 11:25am

Energy

China’s CNOOC brings onstream Suizhong 36-2 oilfield 36-2 block development project

BEIJING: China’s CNOOC Limited said on Monday its Suizhong 36-2 oilfield 36-2 block development project has started...

Published 23 Dec, 2024 11:22am

Stocks

South Korean stocks open higher after US inflation data

KOSPI was up 35.97 points, or 1.50%, at 2,439.74

Published 23 Dec, 2024 11:13am

Business & Finance

Westpac admits to overcharging more than 24,000 customers in New Zealand

New Zealand’s financial regulator on Monday said that Australian lender Westpac’s local unit admitted to...

Published 23 Dec, 2024 11:10am

Commodities

Chicago corn edges up on worries about Argentina dryness

BEIJING: Chicago corn ticked up on Monday on concern over dryness in Argentina, where corn planting is underway,...

Published 23 Dec, 2024 11:07am

Asia

Malaysia’s 1MDB files legal claim against Amicorp Group seeking over $1 billion for alleged fraud

KUALA LUMPUR: Scandal-hit Malaysian state fund 1Malaysia Development Berhad said on Monday it has filed a legal...

Updated 23 Dec, 2024 11:05am

Stocks

China stocks rebound as banks rally, poised to end multi-year slump

HONG KONG: China and Hong Kong stocks rebounded on Monday following two weeks of decline, lifted by banks and energy...

Published 23 Dec, 2024 11:03am

Forex

Yuan inches lower, firmer fix stabilizes effects of low Chinese yields

SHANGHAI: China’s yuan inched lower against the dollar and continued hovering near a key threshold on Monday as a...

Published 23 Dec, 2024 11:01am

Commodities

Palm snaps six-session decline on stronger Dalian palm, crude prices

KUALA LUMPUR: Malaysian palm oil futures opened higher on Monday, snapping a six-session losing streak, tracking...

Published 23 Dec, 2024 10:59am

Stocks

Japan’s Nikkei gains on Wall Street’s lead; autos, tech shine

TOKYO: Japan’s Nikkei share average gained on Monday, buoyed by Wall Street’s Friday rally. The Nikkei added 0.8% to...

Published 23 Dec, 2024 10:57am

Positive GDP growth rate unlikely?

Dr Hafeez Pasha says this is due to negative growth in the large-scale manufacturing industries and a decline in major agriculture crops

Updated 23 Dec, 2024 10:51am

Mutual Funds

India bond yields dip after RBI policy minutes hint at Feb rate cut

MUMBAI: Indian government bond yields started the week a tad lower after the minutes of the central bank’s latest...

Published 23 Dec, 2024 10:50am

Forex

Indian rupee may find breathing space as dollar retreats from two-year peak

MUMBAI: The Indian rupee is likely to open little changed on Monday, after hitting an all-time low in the previous...

Published 23 Dec, 2024 10:48am

Stocks

Australian shares rise after 3 days of falls; News Corp sells Foxtel

Australian shares rose on Monday after three straight sessions of declines, with banking and gold stocks leading the...

Published 23 Dec, 2024 10:45am

Stocks

Indian equity benchmarks seen opening higher tracking regional peers

India’s equity benchmarks are likely to open higher on Monday, tracking gains in its regional peers on the back of...

Published 23 Dec, 2024 10:43am

Sports

Australia’s Purcell takes voluntary provisional suspension

Australia’s two-times Grand Slam doubles champion Max Purcell has elected to take a voluntary provisional suspension...

Published 23 Dec, 2024 10:40am

Bullion Rate

Gold rises in thin trade on investor short-covering

Spot gold edged higher in thin trade on Monday, as investors covered their short-positions after the US Federal...

Published 23 Dec, 2024 10:39am

Business & Finance

Singapore Nov core inflation at 1.9% y/y, lowest in almost 3 years

SINGAPORE: Singapore’s key consumer price gauge rose 1.9% in November on a yearly basis, lower than economists’...

Published 23 Dec, 2024 10:37am

Punjab dispatches medicines, other essential items to Parachinar

LAHORE: Punjab Chief Minister Maryam Nawaz on Sunday fulfilled her promise to provide medicines to the people of...

Updated 23 Dec, 2024 09:51am

Two foreign oil, gas firms win arbitration against PEL

ISLAMABAD: Two foreign oil and gas companies Frontier Holdings Limited (“FHL”) and Spud Energy Pty Limited (“SEPL”)...

Updated 23 Dec, 2024 09:50am

Business & Finance

PCA South uncovers Rs340m tax fraud

KARACHI: The Post Clearance Audit (PCA) South has exposed a massive financial fraud involving a phantom company that...

Updated 23 Dec, 2024 09:47am

PPRA approves hiring of 26 experts on contract basis

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has approved hiring of 26 specialists/ experts but...

Updated 23 Dec, 2024 09:42am

Resident Pakistanis in UAE, UK: Rental income, capital gain not taxable: ATIR DB

ISLAMABAD: A division bench of Appellate Tribunal Inland Revenue (ATIR) has held that under the tax treaties of...

Updated 23 Dec, 2024 09:40am

Withdrawal of officers from mandatory trainings/courses: ED conveys PM’s ire to ministries, provinces

ISLAMABAD: The Establishment Division (ED) has reportedly conveyed the Prime Minister’s anger to the federal...

Updated 23 Dec, 2024 09:38am

EU strongly reacts to conviction of civilians by military court

ISLAMABAD: The European Union (EU) on Sunday strongly reacted to the recent conviction of 25 civilians by a military...

Updated 23 Dec, 2024 09:38am

PTI welcomes PM’s step

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Sunday welcomed the constitution of a nine-member negotiating committee...

Updated 23 Dec, 2024 09:37am

NA speaker invites govt, opposition for talks

ISLAMABAD: The National Assembly Speaker Ayaz Sadiq on Sunday invited both the government and opposition party...

Updated 23 Dec, 2024 09:29am

BR Research

Fixing the grid demands holistic and urgent intervention

As per NEPRA’s performance evaluation report on power plants, 82 percent of electricity costs in FY24 were...

Published 23 Dec, 2024 09:23am

BR Research

Idrees Textile Mills Limited

Idrees Textile Mills Limited [PSX: IDRT] was incorporated in Pakistan as an unquoted public limited company in 1990....

Updated 23 Dec, 2024 09:19am

Pakistan

Al-Qadir Trust scam: Verdict may not be announced today

ISLAMABAD: The Accountability Court has reportedly decided that it will not announce the verdict of the £190 million...

Updated 23 Dec, 2024 09:17am

Europe

Russia security threat is far reaching, Italy’s prime minister warns

SAARISELKA: Russia poses a bigger threat to European Union security than just defence as Moscow can use illegal...

Published 23 Dec, 2024 09:08am

Pakistan

ECP celebrates ‘National Working Women’s Day’

ISLAMABAD: The Election Commission of Pakistan celebrated National Working Women’s Day by emphasising the...

Updated 23 Dec, 2024 09:04am

Companies

PIA inducts 11th Airbus A320 into fleet

KARACHI: Pakistan International Airlines (PIA) has inducted 11th Airbus A320 aircraft in its operational fleet. The...

Updated 23 Dec, 2024 08:59am

World

Inflation, elections and war dominated 2024

Inflation dropped in most economies around the world in 2024, but voters didn’t care. Angered by the hefty ramp-up...

Published 23 Dec, 2024 08:57am

Opinion

USD25bn textile exports can be a reality

After a challenging year in 2023, Pakistan’s value-added textile sector has demonstrated remarkable resilience in...

Updated 23 Dec, 2024 08:51am

USA

Starbucks workers expand strike in US cities, including New York

Starbucks, workers have expanded their strike to four more U.S. cities, including New York, the union representing...

Published 23 Dec, 2024 08:46am

USA

Trump vows to rename Denali as Mount McKinley

WASHINGTON: U.S. President-elect Donald Trump said on Sunday he will rename Denali, Alaska natives’ name for North...

Published 23 Dec, 2024 08:41am

USA

Trump threatens to retake control of Panama Canal

WEST PALM BEACH: President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday,...

Published 23 Dec, 2024 08:37am

Opinion

Climate change: the rising storm

Pakistan’s engagement with the climate crisis is emblematic of the struggles faced by developing nations grappling...

Updated 23 Dec, 2024 08:34am

Europe

Putin meets Slovak PM as Ukraine gas contract nears end

Russia’s President Vladimir Putin met Slovak Prime Minister Robert Fico in the Kremlin on Sunday, a rare visit by a...

Published 23 Dec, 2024 08:32am

Letters

Power sector: Achilles’ heel

According to media reports, Minister for Power, Sardar Awais Ahmed Khan Leghari, has sought personal interventions ...

Updated 23 Dec, 2024 08:30am

Opinion

Pakistan must prepare to let go off the crutches of remittances

A key ingredient in attaining external account stability is inward remittances, often hailed as the star performer....

Updated 23 Dec, 2024 08:26am

Stocks

Asia shares rally on US inflation relief

SYDNEY: Asian shares rallied on Monday after a benign reading on U.S. inflation restored some hope for further...

Published 23 Dec, 2024 08:25am

Opinion

IMF and provincial governments

Three provincial chief ministers from three competing political parties – Punjab (PML-N), Sindh (PPP) and Khyber...

Updated 23 Dec, 2024 08:25am

Editorials

Unlocking regional potential

EDITORIAL: With the ouster of Sheikh Hasina’s government from Dhaka earlier in the year, the intervening months...

Updated 23 Dec, 2024 08:20am

Editorials

Tax receipts must improve

EDITORIAL: Chairman Federal Board of Revenue (FBR) Rashid Mehmood Langrial while addressing the Lahore Chamber of...

Updated 23 Dec, 2024 08:17am

Forex

Dollar steady after benign US inflation eases worries over rates

SINGAPORE: The dollar was steady on Monday after U.S. inflation data showed only a modest rise last month, easing...

Published 23 Dec, 2024 08:14am

Pakistan

Sindh governor welcomes APPNA team

KARACHI: Sindh Governor Kamran Khan Tessori has said that Pakistan lacks no talent as many renowned doctors in the...

Published 23 Dec, 2024 08:05am

Companies

Meezan Bank, AHL launch instant top-up service for investors

KARACHI: Meezan Bank, Pakistan’s leading Islamic bank, and Arif Habib Limited, a leader in investment banking, have...

Published 23 Dec, 2024 08:04am

Pakistan

Churches’ security beefed up ahead of Christmas

LAHORE: The provincial capital was placed under high-security alert on Sunday to ensure the safety of churches ahead...

Published 23 Dec, 2024 08:03am

Pakistan

Govt committed to providing equal opportunities to women: PM

ISLAMABAD: Prime Minister Shehbaz Sharif today reaffirmed the commitment to ensuring that women in Pakistan are...

Published 23 Dec, 2024 08:01am

Pakistan

Business Development Centre in Makli opened

HYDERABAD: The Sindh Community Foundation (SCF) has inaugurated a Business Development Centre in Makli, Thatta....

Updated 23 Dec, 2024 07:55am

Pakistan

Political, technical panels: KP Governor notifies members

PESHAWAR: The Governor Khyber Pakhtunkhwa Faisal Karim Kundi notified the names of the members of political and...

Published 23 Dec, 2024 07:50am

Pakistan

Sindh CM for swift completion of Malir Expressway Project

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, without protocol, conducted a surprise morning inspection of the...

Published 23 Dec, 2024 07:45am

Middle East

Syrian Kurdish groups on the back foot as power balance shifts

QAMISHLI, Syria/BEIRUT/ANKARA: With hostile Turkish-backed groups mobilising against them in Syria’s north, and...

Published 23 Dec, 2024 07:40am

World

Turkey says it believes Kurdish fighters will be forced out of all Syrian territory

ANKARA: Turkey believes Syria’s new rulers, including the Syrian National Army (SNA) armed group which Ankara...

Published 23 Dec, 2024 07:35am

Africa

Death toll in Nigeria food queue stampedes rises to 32

LAGOS: Nigerian police on Sunday raised the total death toll from two stampedes at food distribution centres to 32,...

Published 23 Dec, 2024 07:32am

Europe

France awaits appointment of new government

PARIS: France awaited the appointment of a new government to lead the country out of its political crisis, with...

Published 23 Dec, 2024 07:29am

Middle East

Gaza medics struggle to rescue patients after Israel orders hospital evacuated

CAIRO: Israel ordered the closure and evacuation on Sunday of one of the last hospitals still partly functioning in ...

Published 23 Dec, 2024 07:17am

Middle East

Khamenei says Iran does not have or need regional proxy forces

TEHRAN: Iran’s supreme leader denied Sunday that militant groups around the region functioned as Tehran’s...

Published 23 Dec, 2024 07:17am

Europe

Finland PM says Russia ‘permanent’ threat to EU

HELSINKI: Finland’s Prime Minister Petteri Orpo said Sunday that Russia was a “permanent and dangerous threat”...

Published 23 Dec, 2024 07:09am

South Asia

Indian journalist who exposed corruption targeted with online smear campaign

NEW DELHI: Indian journalist Anand Mangnale is the target of an online smear campaign that began on December 5 when...

Published 23 Dec, 2024 07:07am

Europe

Putin vows ‘destruction’ on Ukraine after Kazan drone attack

MOSCOW: Russian President Vladimir Putin on Sunday vowed to bring more “destruction” to Ukraine in retaliation...

Published 23 Dec, 2024 06:57am

Stocks

Indian equity benchmarks snap 4-week rising streak

MUMBAI: Indian shares plunged on Friday, with the benchmarks logging their first weekly decline in five weeks, as...

Published 23 Dec, 2024 06:53am

Stocks

FTSE 100 logs worst week in more than a year

LONDON: Britain’s FTSE 100 touched a more than one-month low on Friday and logged its sharpest drop since October...

Updated 23 Dec, 2024 06:52am

Money & Banking

China’s yuan heads for weekly fall

SHANGHAI: China’s yuan was steady against the dollar on Friday, helped by firmer central bank guidance but was...

Published 23 Dec, 2024 06:50am

Money & Banking

Sterling set to end week in red

LONDON: Sterling held up against the dollar on Friday but was set to end the week lower after coming under pressure...

Published 23 Dec, 2024 06:49am

Stocks

Sri Lanka shares end higher

COLOMBO: Sri Lankan shares closed higher on Friday, aided by real estate and materials stocks. The CSE All-Share...

Published 23 Dec, 2024 06:48am

Stocks

Wall Street Week Ahead: Investors hope for ‘Santa Claus’ rally as stocks lose steam

NEW YORK: With December so far delivering Scrooge-like returns in an otherwise stellar year for US stocks, investors...

Published 23 Dec, 2024 06:47am

Pakistan

The Weather

KARACHI: The weather report on Sunday (December 22, 2024) and the forecast for Monday (December 23, 2024)....