News Archives for Print - 2022-08-03

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Print - 2022-08-03

FCCI urges govt to repair damaged infrastructure in Balochistan

FAISALABAD: President of Faisalabad Chamber of Commerce and Industry (FCCI) Atif Munir Sheikh has expressed deep...

Published 03 Aug, 2022 07:04am

Industry

Results for the year ended June 30, 2022: ICI Pakistan’s consolidated profit after tax, EPS increase

KARACHI: Following the meeting of the Board of Directors, ICI Pakistan Limited announced its financial results for...

Published 03 Aug, 2022 07:04am

ECP verdict in PTI funding case: Coalition MPs want issue referred to judiciary

ISLAMABAD: Shortly after the Election Commission of Pakistan (ECP) verdict in the Pakistan Tehreek-e-Insaf (PTI)...

Published 03 Aug, 2022 07:04am

Alvi condoles with COAS over martyrdom of army officials

ISLAMABAD: President Dr Arif Alvi telephoned Army Chief General Qamar Javed Bajwa and condoled with him over the...

Published 03 Aug, 2022 06:56am

Japan’s vice minister visits Pakistan Japan Business Forum

ISLAMABAD: Taro Honda, Parliamentary Vice Minister, Ministry of Foreign Affairs, Government of Japan and member, The...

Published 03 Aug, 2022 06:56am

Names of PTI leaders on ECL likely

ISLAMABAD: The government has reportedly decided to place the names of the Pakistan Tehreek-e-Insaf (PTI) leaders on...

Published 03 Aug, 2022 06:56am

Zardari grieved

ISLAMABAD: President of Pakistan People’s Party Parliamentarians Asif Ali Zardari expressed shock over the...

Published 03 Aug, 2022 06:51am

Money & Banking

Bank Alfalah partners with EZ Wage for safe payments

KARACHI: Singapore-based EZ Wage, a leading regional financial wellness platform, has signed an agreement with Bank...

Published 03 Aug, 2022 06:51am

Industry

LCCI, PBIT representatives discuss investment policy

LAHORE: A consultation session regarding Pakistan’s investment policy 2022 was held at the LCCI in collaboration...

Published 03 Aug, 2022 06:51am

Leaders of PDM, ruling coalition meet: Bodies formed to draft measures against PTI following ECP verdict

ISLAMABAD: The joint meeting of ruling coalition partners and Pakistan Democratic Movement (PDM) on Tuesday...

Published 03 Aug, 2022 06:51am

Money & Banking

NBP Funds achieves another milestone

KARACHI: NBP Fund Management Limited (NBP Funds) announced that it had achieved a new milestone of managing over Rs...

Published 03 Aug, 2022 06:51am

Commodities

Gold prices rise as easing Treasury yields lift appeal

LONDON: Gold rose slightly on Tuesday as a retreat in US Treasury yields and growing recession fears offset ...

Published 03 Aug, 2022 06:40am

Grains

Wheat at 1-week low

CHICAGO: US wheat futures fell more than 2% on Tuesday as the resumption of maritime grain exports from Ukraine...

Published 03 Aug, 2022 06:40am

Commodities

US MIDDAY: Gold extends gains

NEW YORK: Gold rose for a fifth straight session on Tuesday to its highest level in about a month as China-US...

Published 03 Aug, 2022 06:40am

Electricity thieves fined

ISLAMABAD: Power thieves are causing irreparable damage to the economy and development of the country and...

Published 03 Aug, 2022 06:36am

Scientists call for more research into ‘climate endgame’

PARIS: The world must prepare for a “climate endgame” to better understand and plan for the potentially...

Published 03 Aug, 2022 06:36am

Asia

Myanmar journalist Maung Maung Myo sentenced to 6 years in prison

BANGKOK: Myanmar authorities should immediately and unconditionally release journalist Maung Maung Myo and stop...

Published 03 Aug, 2022 06:36am

UK leadership favourite Truss U-turns on pay plan in first big misstep

LONDON: Britain’s foreign minister Liz Truss, the frontrunner to replace Boris Johnson as prime minister, was...

Published 03 Aug, 2022 06:36am

Energy

G7 mulls options to restrict Russian oil profits

LONDON: The Group of Seven (G7) wealthy nations is looking at blocking the transportation of Russian oil among other...

Published 03 Aug, 2022 06:36am

Grains

EU wheat steadies as Algeria tender puts focus on exports

PARIS: Euronext wheat turned higher on Tuesday after slipping to a one-week low as a drop in the euro and an import...

Published 03 Aug, 2022 06:36am

Energy

Oil up 2pc on supply worries ahead of OPEC+ meeting

NEW YORK: Oil futures rose about 2% on Tuesday as traders worried that this week’s meeting of OPEC+ producers may...

Published 03 Aug, 2022 06:36am

Commodities

China steps up copper imports despite renewed slowdown

LONDON: China imported 373,000 tonnes of refined copper in June, the highest monthly tally this year. Cumulative...

Published 03 Aug, 2022 06:36am

Commodities

Japanese rubber futures drop to 7-month low

SINGAPORE: Japanese rubber futures extended losses to a third consecutive session on Tuesday, with the market ...

Published 03 Aug, 2022 06:36am

Commodities

Palm drops 5pc for second day as Indonesia cuts reference price

KUALA LUMPUR: Malaysian palm oil futures on Tuesday slumped by more than 5% for a second consecutive session, as...

Published 03 Aug, 2022 06:36am

Grains

Raw sugar edges up after plumbing 1-year low

LONDON: Raw sugar futures on ICE edged up on Tuesday after plumbing a one-year low in the prior session, as...

Published 03 Aug, 2022 06:36am

Commodities

Copper falls as US-China tension pushes investors to safer assets

LONDON: Copper edged lower on Tuesday alongside global equities as tensions between China and the United States and ...

Published 03 Aug, 2022 06:36am

Startup ‘MyTutorPod’ used latest tools to ensure maximum productivity during pandemic

ISLAMABAD: North American startup MyTutorPod leveraged the latest technological tools to ensure maximum productivity...

Published 03 Aug, 2022 06:13am

ECP verdict: huge blow to PTI?

EDITORIAL: The Election Commission of Pakistan in a unanimous verdict has ruled that the Pakistan Tehreek-e-Insaf...

Published 03 Aug, 2022 06:05am

The challenge of rising inflation

EDITORIAL: Pakistan Bureau of Statistics (PBS) data on the July Consumer Price Index (CPI) of 24.9 percent...

Published 03 Aug, 2022 05:56am

Exchange rate volatility and exports

The exchange rate is a crucial component of trade and a dynamic macroeconomic determinant. The trade balance is...

Published 03 Aug, 2022 05:50am

US banks face trillion-dollar reverse repo headache

The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major headache...

Published 03 Aug, 2022 05:50am

England to tour Pakistan next month after 17 years

LAHORE: England will play seven T20Is from September 20 to October 2 in Karachi and Lahore in what will be their...