News Archives for Latest - 2025-01-09

World

Biden set to push new Russia sanctions before Trump era begins

WASHINGTON: President Joe Biden is expected to unveil new sanctions targeting Russia’s economy this week, according...

Published 09 Jan, 2025 10:58pm

Companies

OGDCL reappoints Ahmed Hayat Lak as MD & CEO

The board of Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production...

Updated 09 Jan, 2025 10:56pm

Pakistan

PTCL adds ‘additional bandwidth’ to resolve internet slowness issues

The Pakistan Telecommunication Company Limited (PTCL) on Thursday provided an update regarding the issue with the...

Updated 09 Jan, 2025 10:56pm

Exchange

Rupee records marginal improvement against US dollar

Currency settles at 278.61 against greenback in inter-bank market

Updated 09 Jan, 2025 10:54pm

Business & Economy

Inflation to lower pace further in January, says SBP governor

However, some volatility may be seen following next month: Jameel Ahmad

Updated 09 Jan, 2025 10:53pm

Europe

Macron welcomes ‘crucial election’ of new Lebanon president

PARIS: French President Emmanuel Macron on Thursday welcomed the “crucial election” by Lebanese lawmakers of army...

Published 09 Jan, 2025 10:50pm

Europe

Poland to grant Israeli officials ‘free’ access to Auschwitz ceremony

WARSAW: Poland’s government said Thursday it would grant free access to Israeli officials wanting to attend the 80th...

Published 09 Jan, 2025 10:46pm

Stocks

Selling continues at PSX, KSE-100 closes over 1,500 points down

The Pakistan Stock Exchange (PSX) witnessed yet another volatile session, as the benchmark KSE-100 Index closed...

Updated 09 Jan, 2025 10:46pm

Markets

IMF agreed for cleaning of PIACL’s Rs45 billion negative equity, NA panel told

Washington-based lender also gave its nod for removal of 18% GST on aircrafts, Standing Committee on Privatisation informed

Updated 09 Jan, 2025 10:43pm

Markets

Govt saved Rs1.1 trillion through talks with IPPs: Awais Leghari

Minister for Power Division Sardar Awais Ahmad Khan Leghari on Thursday claimed that “successful negotiations” with...

Published 09 Jan, 2025 10:36pm

USA

Massive Los Angeles wildfires still burning out of control

LOS ANGELES: A pair of massive wildfires menacing Los Angeles from the east and west were still burning unchecked...

Published 09 Jan, 2025 10:02pm

Forex

SBP-held foreign exchange reserves decrease $15mn, now stand at $11.7bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $15 million on a weekly basis,...

Updated 09 Jan, 2025 09:55pm

Commodities

Gold price per tola increases Rs1,300 in Pakistan

Gold prices in Pakistan further increased on Thursday in line with their rise in international rates. In the local...

Updated 09 Jan, 2025 09:37pm

Markets

PBC raises concerns on reported termination of satellite tracking of Afghan cargo

The Pakistan Business Council (PBC) on Thursday signalled concerns on a report that the Federal Board of Revenue...

Published 09 Jan, 2025 08:27pm

Stocks

Gulf markets ease on US economic data

Most stock markets in the Gulf were subdued on Thursday as signs of U.S. economic resilience dampened expectations...

Published 09 Jan, 2025 07:58pm

Europe

UK announces coalition will send Ukraine 30,000 new drones

LONDON: An international coalition to procure unmanned aerial vehicles (UAVs) for Ukraine, co-led by the UK and...

Published 09 Jan, 2025 06:51pm

Middle East

Lebanon’s army chief elected president, showing regional shifts

BEIRUT: Lebanon’s parliament elected army chief Joseph Aoun head of state on Thursday, filling the vacant presidency...

Published 09 Jan, 2025 06:18pm

South Asia

Bangladesh garment industry rebounds, but workers say little change

DHAKA: In a vast Bangladeshi factory hall thrumming with sewing machines, garment workers churn out seemingly...

Updated 09 Jan, 2025 06:12pm

Energy

Oil prices edge higher as markets weigh demand against US inventories

LONDON: Oil prices rose slightly on Thursday as investors factored in firm winter fuel demand expectations despite...

Updated 09 Jan, 2025 06:06pm

Europe

Zelensky says Western troops in Ukraine would help ‘force Russia to peace’

RAMSTEIN AIR BASE: Ukrainian President Volodymyr Zelensky on Thursday backed the deployment of Western troops to...

Published 09 Jan, 2025 05:59pm

Middle East

Qatar in talks to fund Syria public wage hikes: diplomatic source

DOHA: Qatar is weighing a plan to provide Syria’s new rulers with funds to increase public sector salaries, a...

Published 09 Jan, 2025 05:57pm

Sports

Coach Murray ready for any Djokovic outbursts at Australian Open

Novak Djokovic’s former rival-turned-coach Andy Murray does not want the Serbian to suppress his emotions on court...

Published 09 Jan, 2025 05:21pm

Commodities

Asia rice: Vietnam rates drop to near two-year low as demand lags

Vietnam rice export rates dropped to their lowest level in nearly two years due to weak demand, while Indian prices...

Published 09 Jan, 2025 05:14pm

South Asia

Taliban say India is a ‘significant regional partner’ after meeting

KABUL: The Taliban’s foreign office said they saw India as a “significant regional and economic partner” after...

Published 09 Jan, 2025 05:04pm

Europe

Kremlin, on Trump remarks on Greenland and Canada, says Russia has Arctic interests

MOSCOW: The Kremlin on Thursday said that Russia had strategic national interests in the Arctic when asked to...

Published 09 Jan, 2025 04:57pm

Stocks

Indian shares fall on worries over likely slowdown in earnings

Indian shares dropped on Thursday, with heavyweight HDFC Bank leading the decline, as anxiety over a likely...

Published 09 Jan, 2025 04:50pm

Stocks

Sri Lanka shares end lower as IT, communication services drag

CSE All-Share index settled 0.89% lower at 15,811.36

Published 09 Jan, 2025 04:47pm

Commodities

Copper driven higher by technical factors

LONDON: Copper prices extended gains for a sixth session on Thursday as technical factors provided momentum and...

Published 09 Jan, 2025 04:45pm

Commodities

Palm oil ends lower on weak demand

KUALA LUMPUR: Malaysian palm oil futures extended losses for a second straight session on Thursday as sluggish...

Published 09 Jan, 2025 04:43pm

Cricket

South Africa sports minister joins calls for Afghanistan cricket boycott

CAPE TOWN: South Africa Sports Minister Gayton McKenzie said he supported calls for a boycott of Afghanistan in the...

Published 09 Jan, 2025 04:41pm

Business & Finance

Los Angeles wildfire economic loss estimates top $50bn

U.S. private forecaster AccuWeather said on Wednesday that estimated damage and economic loss from the California...

Updated 09 Jan, 2025 04:28pm

Business & Finance

Swiss central bank sees record profit after big losses

ZURICH: The Swiss central bank said on Thursday it expects to post a record profit for 2024, boosted by a stock...

Published 09 Jan, 2025 04:04pm

Sports

Mikaela Shiffrin continues recovery with return to slopes

PARIS: American ski super star Mikaela Shiffrin posted a video on social media showing her skiing again, a month and...

Published 09 Jan, 2025 04:00pm

Business & Finance

Mercedes to expand in India’s smaller cities as younger generations splurge

NEW DELHI: Germany’s Mercedes-Benz , fresh off a year of record sales in India, plans to add another 20 dealerships...

Published 09 Jan, 2025 03:56pm

Middle East

US, Arab mediators make some progress in Gaza peace talks, no deal yet, sources say

CAIRO: US and Arab mediators have made some progress in their efforts to reach a ceasefire accord between Israel and...

Published 09 Jan, 2025 03:53pm

Europe

Kremlin says European countries still want ‘more competitive’ Russian gas

MOSCOW: Kremlin spokesman Dmitry Peskov said on Thursday that there were still countries in Europe that wanted to...

Published 09 Jan, 2025 03:46pm

Commodities

Ghana 2024/25 G&S cocoa purchases up about 58% by Dec. 12, COCOBOD says

ABIDJAN: Ghana’s graded and sealed (G&S) cocoa purchases since the start of the harvest on Sept. 11 had reached...

Published 09 Jan, 2025 03:44pm

Stocks

UK midcaps slide to 8-month low as retailers tumble, yields jump

The UK mid-cap index touched a more-than-eight-month low on Thursday, as retail stocks were hammered by...

Published 09 Jan, 2025 03:42pm

Mutual Funds

Euro area yields hit fresh multi-month highs, inflation, gilts in focus

Euro area government bond yields hit fresh multi-month highs on Thursday with investors worried about stubborn...

Published 09 Jan, 2025 03:39pm

Forex

Ugandan shilling stable as commodity flows lend support

KAMPALA: The Ugandan shilling was broadly stable on Thursday, with some inflows of hard currency from exporters of...

Published 09 Jan, 2025 03:37pm

Forex

Pound slides to 14-month low as gilt pain intensifies

LONDON: The pound fell to its lowest since late 2023 on Thursday, under pressure from a selloff in global bonds that...

Published 09 Jan, 2025 03:35pm

Setting up of WG proposed: Power sector entities owe over Rs54bn: NTDC

ISLAMABAD: The National Transmission and Despatch Company (NTDC) has proposed the formation of a working group to...

Updated 09 Jan, 2025 03:13pm

MoC begins work on new trade framework, tariff policy

ISLAMABAD: The Ministry of Commerce has initiated internal work on the Strategic Trade Policy Framework (STPF)...

Updated 09 Jan, 2025 03:11pm

PSDP: Rs376.19bn authorised for Jul-Dec

ISLAMABAD: Ministry of Planning, Development and Special Initiatives has authorised a total of Rs376.19 billion...

Updated 09 Jan, 2025 03:10pm

Integration of economy: PM speaks of criticality of e-governance

Says Pakistan has attained favourable macroeconomic indicators

Updated 09 Jan, 2025 03:09pm

FBR tax collection: Contribution of LTO Karachi highest

ISLAMABAD: The contribution of Large Taxpayer Office (LTO) Karachi in overall tax collection (income tax, sales tax,...

Updated 09 Jan, 2025 03:09pm

Tokyo urges govt to lift import curbs on auto makers

ISLAMABAD: The Japanese government has urged Islamabad to ensure the safety of personnel working on Official...

Updated 09 Jan, 2025 03:08pm

Movies & Music

Paris Hilton, Billy Crystal among those who lose homes as Los Angeles fires spread

Hollywood productions comes to a halt as celebrities flee the blaze

Published 09 Jan, 2025 02:44pm

Corporate sector contributes Rs3,061bn as income tax

ISLAMABAD: The corporate sector contributed Rs 3,061 billion as income tax during 2023-24, according to a new...

Updated 09 Jan, 2025 02:10pm

Europe

Greenland important for the US, says Trump’s pick for national security adviser

Greenland is important for the United States’ national security, U.S. Congressman Mike Waltz said on Wednesday,...

Published 09 Jan, 2025 01:27pm

Europe

Russian strike kills 13, injures 113 in Ukraine’s Zaporizhzhia

ZAPORIZHZHIA: A Russian guided bomb attack on Wednesday killed at least 13 people and injured 113 in Ukraine’s...

Published 09 Jan, 2025 01:23pm

Life & Style

Egypt uncovers blocks from 18th dynasty Queen Hatshepsut temple

CAIRO: Archaeologists have uncovered intact portions of the foundation wall of pharaonic Queen Hatshepsut’s valley...

Published 09 Jan, 2025 01:17pm

Life & Style

Jennifer Lopez identifies with real-life mom in ‘Unstoppable’ film

LOS ANGELES: Jennifer Lopez found herself in tears as the real-life mom Judy Robles, whom she portrayed in the...

Published 09 Jan, 2025 01:10pm

Sports

List of Australian Open men’s singles champions

List of Australian Open men’s singles champions since the event began in 1905 (Australian unless stated): 2024...

Published 09 Jan, 2025 01:05pm

Sports

Barca’s Olmo and Victor free to play after Sports Council extends registration

MADRID: Dani Olmo and Pau Victor will be allowed to play for Barcelona after Spain’s National Sports Council (CSD)...

Published 09 Jan, 2025 12:53pm

Africa

Assault on Chad presidential complex leaves 19 dead

N’DJAMENA: Gunmen attempted to storm the presidential complex in Chad’s capital N’Djamena on Wednesday, sparking a...

Published 09 Jan, 2025 12:49pm

Life & Style

Raspy-voiced hit machine Rod Stewart turns 80

LONDON: Singer Rod Stewart, who helped British rock conquer the world with a string of megahits, turns 80 on Friday...

Published 09 Jan, 2025 12:30pm

Business & Finance

TotalEnergies to drill exploration well on Suriname Block 64 from May says country manager

PARAMARIBO: TotalEnergies will start drilling an exploration well on Suriname’s Block 64, the company’s country...

Published 09 Jan, 2025 12:13pm

Stocks

South Korean shares flat as auto gains counter battery losses

SEOUL: Round-up of South Korean financial markets: South Korean stocks close higher, tracking Wall Street’s...

Published 09 Jan, 2025 12:08pm

Technology

Apple clarifies Siri privacy stance after $95mn class action settlement

Apple clarified on Wednesday that it has never sold the data collected by its Siri voice assistant or used it to...

Published 09 Jan, 2025 12:00pm

USA

California power outages swell to 400,000 as fires multiply

The number of California homes and businesses without electricity ballooned to more than 400,000 on Wednesday, as...

Published 09 Jan, 2025 11:56am

USA

Second US port strike averted as union, employers reach deal

The union representing 45,000 dock workers on the US East and Gulf Coasts and their employers on Wednesday said they...

Published 09 Jan, 2025 11:52am

USA

Joe Biden cancels Italy trip due to California wildfires

WASHINGTON: US President Joe Biden canceled an upcoming trip to Italy due to the wildfires in California, the White...

Published 09 Jan, 2025 11:47am

Commodities

Iron ore range-bound amid Chinese stimulus, weakening demand

SINGAPORE: Iron ore futures prices traded within a narrow range on Thursday, as traders weighed new stimulus...

Published 09 Jan, 2025 11:44am

Bullion Rate

Gold retreats; focus on US data for cues on Fed’s policy path

Gold prices retreated on Thursday on profit-booking after hitting a near four-week peak in the last session, while...

Published 09 Jan, 2025 11:42am

South Asia

India stampede: Six dead as thousands gather for free pass to visit Hindu temple

HYDERABAD: At least six people were killed and several others injured late on Wednesday in a stampede in southern...

Published 09 Jan, 2025 11:33am

Commodities

Chicago soybeans dip on stronger dollar, easing Argentina concerns

BEIJING: Chicago soybean futures slipped on Thursday, pressured by a stronger US dollar and easing concerns over...

Published 09 Jan, 2025 11:26am

Sports

Sinner begins Australian Open title defence against Jarry, Sabalenka gets Stephens

MELBOURNE: Jannik Sinner begins his Australian Open title defence against Nicolas Jarry while women’s champion Aryna...

Published 09 Jan, 2025 11:21am

Commodities

Palm oil extends declines on weak demand concerns

KUALA LUMPUR: Malaysian palm oil futures fell for a second straight session on Thursday, as sluggish demand...

Published 09 Jan, 2025 11:18am

Technology

SpaceX to provide free Starlink terminals to LA on Thursday as wildfires grow

Elon Musk said on Thursday that his company SpaceX will provide free Starlink terminals to affected areas in Los...

Published 09 Jan, 2025 11:15am

Forex

Australia, NZ dollars Struggle near two-year lows, data on help

SYDNEY: The Australian dollar and New Zealand dollars wallowed near two-year lows on Thursday as their US...

Published 09 Jan, 2025 11:10am

Forex

Yuan steadies near 16-month low as PBOC announces record bill sales in HK

SHANGHAI: China’s yuan steadied near a 16-month low against the dollar on Thursday, though closer to the weaker end...

Published 09 Jan, 2025 11:06am

Stocks

China stocks dip as deflation worries trigger scramble for offshore assets

SHANGHAI: China stocks slipped on Thursday as official data underscored persistent deflationary pressure despite...

Published 09 Jan, 2025 11:05am

Stocks

Japan’s Nikkei falls as investors book profits, chip-related shares weigh

TOKYO: Japan’s Nikkei share average fell on Thursday as investors sold stocks to book profits from a recent rally,...

Published 09 Jan, 2025 11:03am

Stocks

Australian shares snap 5-day winning run; Fed minutes raise rate cut concerns

Australian shares snapped a five-day winning streak on Thursday, dragged down by financials and miners, as investor...

Published 09 Jan, 2025 11:02am

Mutual Funds

India bond yields flattish amid consolidation, fresh cues eyed

MUMBAI: Indian government bond yields were largely unchanged in early deals on Thursday amid consolidation following...

Published 09 Jan, 2025 11:01am

Forex

Indian rupee losses to mount on bearish bets, higher US yields

MUMBAI: The Indian rupee is poised to drop to an new all-time at the open on Thursday, weighed down by wagers that...

Published 09 Jan, 2025 11:00am

Energy

Saudi crude oil supply to China set to fall in Feb vs Jan, sources say

SINGAPORE: Saudi Arabia’s crude oil supply to China is set to decline in February from the prior month, trade...

Published 09 Jan, 2025 10:42am

Business & Finance

Oct FCA: Nepra notifies relief of Re0.49 per unit

KARACHI: The National Electric Power Regulatory Authority (Nepra) has issued its decision regarding KE’s petition of...

Updated 09 Jan, 2025 09:26am

Govt committed to ensuring optimum healthcare: PM

KARACHI: Prime Minister Shehbaz Sharif on Wednesday said the government was committed to ensure optimum healthcare...

Updated 09 Jan, 2025 09:17am

Business & Finance

Have to convert stability into sustainable growth, says PM

KARACHI: Prime Minister Shehbaz Sharif, vowing to take forward the agenda of economic stabilization and reforms, on...

Updated 09 Jan, 2025 09:04am

Sports

Sabalenka eyes Australian Open win to widen gap on rankings rivals

MELBOURNE: Aryna Sabalenka will look to join a select group of players to win three straight Australian Open titles...

Published 09 Jan, 2025 09:02am

Sports

Maxwell misses out in Australia squad for Sri Lanka series

MELBOURNE: Glenn Maxwell’s hopes of reviving his test career may be over after the all-rounder missed out on...

Published 09 Jan, 2025 08:58am

Business & Finance

Thai central bank seen cutting key rate by 50 bps in 2025, bond market group says

BANGKOK: Thailand’s central bank is expected to cut rates twice, totalling 50 basis points this year starting in the...

Published 09 Jan, 2025 08:53am

Pakistan

Soldiers martyred in terror attacks: Why cases are not being tried in military courts, asks SC judge

ISLAMABAD: Justice Jamal Khan Mandokhel questioned why cases of soldiers who are martyred in terrorism-related...

Updated 09 Jan, 2025 08:53am

Stocks

India’s benchmark indexes set for muted start

India’s benchmark indexes are set to open little changed on Thursday, tracking other Asian peers as U.S. treasury...

Published 09 Jan, 2025 08:52am

USA

US warns North Korea becoming better prepared for war, fighting against Ukraine

UNITED NATIONS: The United States warned on Wednesday that North Korea is benefiting from its troops fighting...

Published 09 Jan, 2025 08:48am

BR’s refresher: your morning briefing for the day

Important updates from January 8, 2025

Published 09 Jan, 2025 08:39am

Stocks

Bond selloff slows in Asia, stocks fall with eyes on UK gilts, US policy

TOKYO: The global bond rout that has pressured equities and boosted the safe-haven U.S. dollar showed signs of...

Published 09 Jan, 2025 08:40am

Pakistan

Country should engage with Kandahar-based Taliban leadership, suggest experts

ISLAMABAD: Pakistan should engage with the Taliban leadership based in Kandahar, the actual seat of power in...

Published 09 Jan, 2025 08:34am

USA

Los Angeles surrounded by out-of-control wildfires; at least 5 dead

LOS ANGELES: Raging wildfires surrounded Los Angeles on Wednesday, killing at least five people, destroying hundreds...

Published 09 Jan, 2025 08:32am

Pakistan

Indonesian President to visit Pakistan

ISLAMABAD: Indonesian President Prabowo Subianto is scheduled to embark upon his maiden official visit to Pakistan...

Published 09 Jan, 2025 08:31am

Pakistan

CPSC hosts lecture titled ‘Japan’s perspective on regional issues’

ISLAMABAD: The China-Pakistan Study Centre (CPSC) at the Institute of Strategic Studies Islamabad (ISSI) hosted a...

Published 09 Jan, 2025 08:30am

Pakistan

Fatima Fertilizer celebrates sixth ‘Kissan Day’

LAHORE: Fatima Fertilizer marked the sixth Kissan Day with a landmark celebration in Islamabad, uniting ...

Published 09 Jan, 2025 08:28am

Pakistan

40 food-laden vehicles arrive in Kurram

ISLAMABAD: In a major development in prevailing tense environment, a convoy of 40 vehicles loaded with food and...

Published 09 Jan, 2025 08:27am

Business & Finance

SoftBank and Arm weigh acquiring Ampere Computing, source says

Japanese technology investor SoftBank Group, and its majority-owned Arm Holdings, are exploring a deal for Oracle,...

Published 09 Jan, 2025 08:26am

Pakistan

Senate panel asks medical colleges to fully comply with PMDC’s rules, regulations

ISLAMABAD: A parliamentary panel, Wednesday, warned private medical educational institutions of strict action in ...

Published 09 Jan, 2025 08:25am

Pakistan

BNU and FAST Cables host seminar on green housing

LAHORE: FAST Cables organised the “FAST Forward Sustainable Development” forum on Wednesday at Beaconhouse...

Published 09 Jan, 2025 08:24am

Pakistan

‘Satellite monitoring may be used to prevent illegal mining’

LAHORE: Director General, National Accountability Bureau (NAB) Lahore suggested that satellite monitoring may be ...

Published 09 Jan, 2025 08:23am

Companies

Hyundai Motor Group to invest record $16.7 billion in South Korea this year

SEOUL: South Korea’s Hyundai Motor Group said on Thursday it planned to boost domestic investment by 19% to a record...

Published 09 Jan, 2025 08:22am

Pakistan

Operation intensifies against unregistered vehicles

LAHORE: Punjab Excise, Taxation, and Narcotics Control have intensified the field operation against unregistered...

Published 09 Jan, 2025 08:22am

Pakistan

‘Sufi festival’ reflects commitment to promoting culture

LAHORE: The Alhamra Arts Council is buzzing with activities as the three-day sufi festival continues to celebrate ...

Updated 09 Jan, 2025 08:21am

Pakistan

Maryam becoming more popular, powerful: minister

LAHORE: Punjab Information Minister Azma Bokhari has said that Chief Minister Maryam Nawaz Sharif is becoming more...

Published 09 Jan, 2025 08:20am

Pakistan

PU seminar on ‘foreign policy’: Ambassador to US explains country’s geo-strategic importance

LAHORE: Pakistan’s Ambassador to the United States and Punjab University alumnus Rizwan Saeed Sheikh has said that...

Published 09 Jan, 2025 08:18am

Companies

Volvo CEO says plan for Mexico truck factory ongoing despite US tariff threat

LAS VEGAS: Sweden’s Volvo Group, is proceeding with its planned $700-million heavy-truck factory in Monterrey,...

Published 09 Jan, 2025 08:18am

Pakistan

£190m case against IK: Rana says there’s no link between govt-PTI talks, delay in verdict

ISLAMABAD: Prime Minister’s Advisor on Political Affairs and senior Pakistan Muslim League-Nawaz (PML-N) leader...

Published 09 Jan, 2025 08:13am

Business & Finance

Japan Nov real wages fall for 4th straight month as inflation weighs

TOKYO: Japan’s inflation-adjusted real wages fell for the fourth straight month in November weighed down by higher...

Published 09 Jan, 2025 08:13am

Pakistan

PM to open pioneering global summit on girls’ education

ISLAMABAD: The Foreign Office (FO) announced on Wednesday that Islamabad is set to host Pioneering Global Summit on...

Published 09 Jan, 2025 08:12am

Pakistan

ATC declares Gandapur, Butt proclaimed offenders

ISLAMABAD: The Ant-Terrorism Court (ATC) on Wednesday declared Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur...

Published 09 Jan, 2025 08:11am

Business & Finance

China’s consumer inflation slows as demand weakens

BEIJING: China’s consumer inflation slowed in December, leading to modest annual price gains for 2024 while...

Published 09 Jan, 2025 08:10am

Pakistan

Toshakhana-II case: Court rejects defence’s plea for adjournment

ISLAMABAD: The special court hearing Toshakhana-II case against Pakistan Tehreek-e-Insaf (PTI) founding chairman...

Published 09 Jan, 2025 08:10am

Pakistan

‘South Punjab’: Senate panel meeting on bill inconclusive

ISLAMABAD: A meeting of a parliamentary panel on Wednesday ended inconclusive over a bill that sought the...

Published 09 Jan, 2025 08:08am

Forex

Buoyant dollar keeps pound, euro and yen under pressure

SINGAPORE: The U.S. dollar charged ahead on Thursday underpinned by rising Treasury yields, putting the yen,...

Published 09 Jan, 2025 08:07am

Opinion

Will Trudeau come back?

The handsome, serene, ever-smiling, and dashing Prime Minister of Canada, Justin Trudeau, finally succumbed to the...

Updated 09 Jan, 2025 07:50am

Opinion

We are our own worst enemy

Almost three years into Pakistan’s economic crisis, the illusion of stability in indicators like the exchange rate...

Updated 09 Jan, 2025 07:47am

Opinion

New century, new Great Game?

The fact that Pakistan’s intelligence chief went on a rare visit to Tajikistan in the last days of 2024 means...

Updated 09 Jan, 2025 07:46am

Energy

US natgas prices climb on rising demand ahead of storage report

NEW YORK: US natural gas futures climbed about 4% on Wednesday on forecasts for more heating demand this week than...

Published 09 Jan, 2025 07:42am

Stocks

Nikkei tracks Wall Street lower amid US inflation woes

TOKYO: Japan’s Nikkei share average fell on Wednesday, tracking overnight declines in Wall Street after a batch of...

Published 09 Jan, 2025 07:40am

Stocks

Indian benchmarks end flat as earnings worries counter gains

MUMBAI: India’s benchmark indexes ended largely unchanged on Wednesday as concerns over slowing corporate profits...

Published 09 Jan, 2025 07:39am

Stocks

China, HK stocks pare losses amid consumption stimulus

HONG KONG: Chinese and Hong Kong stocks pared losses on Wednesday after the latest stimulus efforts, but sentiment...

Published 09 Jan, 2025 07:38am

Stocks

European shares dip as bond yields jump on rate, tariff jitters

FRANKFURT: European shares dipped on Wednesday, as bond yields surged after investors priced in fewer interest rate...

Published 09 Jan, 2025 07:37am

Stocks

Wall St subdued as investors assess data

NEW YORK: US stocks were muted on Wednesday, as uncertainty prevailed on Wall Street after the release of two...

Published 09 Jan, 2025 07:35am

Money & Banking

Asian currencies: Indonesian rupiah, Taiwanese dollar drop 0.5pc

BENGALURU: Asian emerging market currencies fell on Wednesday, led by the Indonesian rupiah and the Taiwanese ...

Published 09 Jan, 2025 07:35am

Money & Banking

Dollar climbs on tariff concerns

NEW YORK: The US dollar rose for a second straight session on Wednesday as US bond yields continued their recent...

Published 09 Jan, 2025 07:34am

Money & Banking

Indian rupee weakens to record low

MUMBAI: The Indian rupee hit its all-time low on Wednesday, pressured by a pickup in the dollar as traders pondered ...

Published 09 Jan, 2025 07:33am

BR Research

Autos wrapped

The end of 2024 marks a year that the automobile industry might prefer to forget and despite a positive growth...

Published 09 Jan, 2025 07:29am

Industry

140th meeting of FIEDMC takes up 12-point agenda

FAISALABAD: The 140th meeting of FIEDMC Board of Directors was held at FIDMIC Office under the chairmanship of...

Published 09 Jan, 2025 07:27am

Taxes

FBR invites proposals for budget FY2025-26

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue field formations and business community to...

Published 09 Jan, 2025 07:26am

Business & Finance

SECP takes steps to strengthen regulatory framework governing takeover transactions

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has taken measures to strengthen the regulatory...

Updated 09 Jan, 2025 07:25am

BR Research

Siemens (Pakistan) Engineering

Incorporated as a public limited company in 1953, Siemens (Pakistan) Engineering (PSX: SIEM) has been a cornerstone...

Published 09 Jan, 2025 07:21am

Business & Finance

CCP organises lecture on ‘cartel screening & detection methods’

ISLAMABAD: The Competition Commission of Pakistan (CCP) organized an insightful capacity-building lecture on...

Published 09 Jan, 2025 07:23am

Pakistan

‘Illegal appointments’: Indictment of Elahi, others delayed

LAHORE: A special court for anti-corruption on Wednesday delayed the indictment against PTI president and former...

Published 09 Jan, 2025 07:22am

Sports

ICC Champions Trophy 2025 preparations in full swing: PCB

LAHORE: Preparations for the ICC Champions Trophy 2025 are in full swing, with the Gaddafi Stadium in Lahore and...

Published 09 Jan, 2025 07:03am

Opinion

PARTLY FACETIOUS: Trump and Slavic women

“So now what?” “Trump says he is going to annex Greenland and the Panama canal.” “What about Ukraine? Why...

Published 09 Jan, 2025 07:03am

Pakistan

Ceremony held to honour Awami Khidmat Committee Kasur

LAHORE: A prestigious ceremony was held at Governor House Lahore under the chairmanship of Acting Governor Punjab...

Published 09 Jan, 2025 07:03am

Pakistan

CDA keen in partnering with EOBI to identify projects

ISLAMABAD: Capital Development Authority (CDA) Chairman Muhammad Ali Randhawa expressed the CDA’s keen interest in...

Published 09 Jan, 2025 07:03am

Pakistan

Chairperson reviews progress BISP projects

ISLAMABAD: Chairperson BISP Rubina Khalid and Secretary Amer Ali Ahmad chaired a meeting at the Benazir Income...

Published 09 Jan, 2025 06:57am

Pakistan

Karachi-Sukkur Motorway: Construction will start this year: Aleem

ISLAMABAD: The long-awaited construction of Karachi-Sukkur Motorway will start this year. Federal Minister for...

Published 09 Jan, 2025 06:56am

Pakistan

DC Jamshoro visits Sehwan, reviews development projects

HYDERABAD: Deputy Commissioner Jamshoro, Ghazanfar Ali Qadri, visited Sehwan Sharif, where he inspected various...

Published 09 Jan, 2025 06:54am

Companies

Dubai Islamic Bank partners with Nestle Professional

KARACHI: Dubai Islamic Bank Pakistan Limited has partnered with Nestle Professional to offer customers a selection ...

Published 09 Jan, 2025 06:53am

Pakistan

Name removal from ECL, PCL: IHC issues notices to secy MoI, others in Khosa’s plea

ISLAMABAD: The Islamabad High Court (IHC) issued notices to Ministry of Interior’s secretary and others in ...

Updated 09 Jan, 2025 06:50am

Pakistan

JUI-F observes strike in Quetta against rigging in by-polls

QUETTA: The Jamiat Ulema-e-Islam (JUI-F) observed a strike in Quetta and other parts of Balochistan on Wednesday in...

Published 09 Jan, 2025 06:47am

Pakistan

KP govt launches social lab-smart village project in Swat

PESHAWAR: The Khyber Pakhtunkhwa government has launched the Social Lab-Smart Village Project in Swat to bring...

Published 09 Jan, 2025 06:46am

Industry

SIDB seals 22 illegal shops

PESHAWAR: Small Industrial Development Board (SIDB) has sealed a total 22 illegal shops, show rooms at small...

Published 09 Jan, 2025 06:43am

Industry

PASDEC, TDAP hold seminar to promote marble sector

KARACHI Pakistan Stone Development Company (PASDEC) and the Trade Development Authority of Pakistan (TDAP) organized...

Published 09 Jan, 2025 06:43am

Companies

Top-performing drivers honoured by inDrive

ISLAMABAD: The leading ride-hailing company in Pakistan, inDrive, recently organized a landmark event to celebrate...

Published 09 Jan, 2025 06:40am

USA

Thousands flee as Los Angeles wildfires burn out of control

LOS ANGELES: Tens of thousands of people fled their homes near Los Angeles on Wednesday as three out-of-control...