Markets Budget 2024-25: PSX proposes tax reforms to boost capital market The Pakistan Stock Exchange (PSX) on Wednesday submitted its proposals to the government for the upcoming budget,... Published 05 Jun, 2024 09:50pm
Markets US stocks rise as weaker hiring data boost rate cut chances NEW YORK: US stocks opened higher Wednesday, buoyed by private sector hiring data that will likely fuel calls for... Published 05 Jun, 2024 08:07pm
Sports Sabalenka eyes French Open semis, Rybakina beaten by Paolini PARIS: Aryna Sabalenka targets a place in a seventh consecutive Grand Slam semi-final when she takes on Russian... Published 05 Jun, 2024 08:05pm
Sports India bowl against Ireland in T20 World Cup NEW YORK: India captain Rohit Sharma won the toss and elected to field against Ireland in the teams’ T20 World Cup... Published 05 Jun, 2024 08:01pm
Pakistan No restriction on court reporting: IHC The Islamabad High Court (IHC) clarified on Wednesday that journalists were free to report on court proceedings, but... Published 05 Jun, 2024 06:49pm
Markets Gulf markets end mixed; Egypt slips Stock markets in the Gulf were mixed on Wednesday amid steady oil prices, while soft U.S. labor market data... Published 05 Jun, 2024 06:48pm
World Russia to deploy more ‘instructors to Burkina Faso’: Lavrov ABIDJAN: The number of Russian military instructors in Burkina Faso “will increase”, Moscow’s Foreign Minister... Published 05 Jun, 2024 06:46pm
World 146 countries now recognise a Palestinian state They include most Middle Eastern, African, Latin American and Asian countries, but not US, Canada, majority of western Europe, Australia, Japan or South Korea Updated 05 Jun, 2024 10:28pm
Markets KSE-100 extends losses amid selling pressure The Pakistan Stock Exchange (PSX) witnessed another negative session on Wednesday as its benchmark KSE-100 Index... Updated 05 Jun, 2024 10:47pm
World Netanyahu says Israel ‘prepared for very intense operation’ on Lebanon border OCCUPIED JERUSALEM: Prime Minister Benjamin Netanyahu said Wednesday that Israel was “prepared for a very intense... Published 05 Jun, 2024 06:36pm
Pakistan Bilawal urges party leaders to meet public expectations, stop in-fighting Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Wednesday urged Sindh ministers to focus on their... Published 05 Jun, 2024 06:25pm
Pakistan Pakistan, Italy agree to undertake joint efforts against drug trafficking Interior Minister Mohsin Naqvi and his Italian counterpart Matteo Piantedosi meet in Rome to discuss the issue Published 05 Jun, 2024 05:55pm
Life & Style Alec Baldwin, facing manslaughter trial, to star in reality show LOS ANGELES: Alec Baldwin is to star in a reality TV show, the US actor announced Tuesday, a month before he stands... Published 05 Jun, 2024 05:53pm
Markets Copper nears 1-month low as real demand lags expectations LONDON: Copper prices slid to near one-month lows on Wednesday, pausing their strongest rally in years as strong... Published 05 Jun, 2024 05:26pm
Markets Qatar signs 27-year gas supply deal with Taiwan’s CPC DOHA: Qatar has agreed to supply the Taiwan-headquartered Chinese Petroleum Corp (CPC) with natural gas for 27... Published 05 Jun, 2024 05:03pm
Pakistan ADB approves $250mn loan to boost public-private partnerships in Pakistan The Asian Development Bank (ADB) on Wednesday approved a $250-million policy-based loan to help Pakistan drive... Updated 05 Jun, 2024 10:43pm
Markets Indian shares surge as Modi’s allies pledge support to form government BENGALURU: Indian shares jumped over 3% on Wednesday, marking its best one-day gain in over three years after key... Published 05 Jun, 2024 04:51pm
Markets Sri Lanka shares end higher as financials, consumer staples gain CSE All-Share index settled 0.71% higher at 12,189.85 Published 05 Jun, 2024 04:48pm
Markets Palm oil erases early gains to close lower; monthly data in focus JAKARTA: Malaysian palm oil futures shed early gains to close lower for a second consecutive session on Wednesday,... Published 05 Jun, 2024 04:45pm
Markets Power Division rejects reports of ending net metering policy The Power Division on Wednesday rejected reports claiming that the government might take a decision to end the net... Updated 05 Jun, 2024 10:18pm
Life & Style Sana Safinaz, Misha Lakhani, Sania Maskatiya set to exhibit in Dubai Pakistani fashion will set up in gulf city prior to Eid festivities Published 05 Jun, 2024 04:11pm
Business & Finance Air Link inks MoU with China’s IMIKI Corporation to manufacture smart wearable devices Air Link Communication Limited, a manufacturer of smartphones in Pakistan, has inked a Memorandum of Understanding... Updated 05 Jun, 2024 10:53pm
Life & Style With thistles and tartan, Dior pays tribute to Scotland in cruise collection LONDON: French fashion house Christian Dior paid homage to Scotland at a catwalk show in a Perthshire castle, with... Published 05 Jun, 2024 03:39pm
Markets Gold price per tola sheds Rs400 in Pakistan After increasing in the previous session, gold prices declined in Pakistan on Wednesday in line with a decrease in... Published 05 Jun, 2024 03:17pm
World India’s Manipur state rejects Modi’s BJP after year-long ethnic clashes GUWAHATI: India’s main opposition Congress party bagged both parliamentary seats in strife-torn Manipur in the... Published 05 Jun, 2024 02:57pm
Pakistan PM in China pledges to protect Chinese nationals in Pakistan Prime Minister Shehbaz Sharif on Wednesday expressed the resolve to spare no efforts in protecting the lives of... Updated 05 Jun, 2024 08:41pm
World Syrian man arrested after shooting near US embassy in Beirut: army BEIRUT: A Syrian man was arrested after a shooting Wednesday near the US embassy in Beirut, the Lebanese army said,... Published 05 Jun, 2024 02:23pm
World Trump in first election test after hush money conviction WASHINGTON: Donald Trump faced Republican voters for the first time as a convicted felon on Tuesday during the final... Published 05 Jun, 2024 02:20pm
Life & Style King Charles banknotes enter circulation in UK LONDON: Banknotes featuring a portrait of King Charles entered circulation in Britain on Wednesday, nearly two years... Published 05 Jun, 2024 02:20pm
Markets European stock markets rise at open LONDON: Europe’s main stock markets advanced at the start of trading on Wednesday, as investors took their cue from... Published 05 Jun, 2024 02:16pm
World Kyiv welcomes US VP Harris participation at Ukraine summit KYIV: Kyiv on Wednesday welcomed an announcement from Washington that US Vice President Kamala Harris will attend an... Published 05 Jun, 2024 02:14pm
Life & Style Zara owner Inditex boosted by pick-up in Spring sales MADRID: Zara owner Inditex reported a pick-up in recent sales from its Spring/Summer collections, boosting its... Published 05 Jun, 2024 02:04pm
World D-Day events to overshadow UK election after fiery TV debate LONDON: Conservative Prime Minister Rishi Sunak and Labour opposition leader Keir Starmer switched focus Wednesday... Published 05 Jun, 2024 01:54pm
Sports Euro 2024: Spain factfile BARCELONA: Factfile on Spain ahead of Euro 2024, which starts on June 14: Previous Euro performances: 11... Published 05 Jun, 2024 01:33pm
Pakistan Pakistan eyes access to Chinese capital markets: Aurangzeb Finance Minister sees policy rate cut this year Updated 05 Jun, 2024 10:16pm
Sports Euro 2024: Italy factfile MILAN: Factfile on Italy ahead of Euro 2024, which starts on June 14: Previous Euro performance: 10 participations,... Published 05 Jun, 2024 12:43pm
Sports Euro 2024: Scotland factfile GLASGOW: Factfile on Scotland ahead of Euro 2024, which starts on June 14: Previous Euro performance: 3 tournaments,... Published 05 Jun, 2024 12:38pm
Business & Finance Modi’s smaller mandate to slow India’s fiscal tightening, Moody’s says MUMBAI: The narrower margin of victory for Indian Prime Minister Narendra Modi’s alliance in elections will... Published 05 Jun, 2024 12:35pm
Business & Finance India airline industry to report wider loss in FY25, consultancy says NEW DELHI: Losses for India’s airline industry are expected to widen to $400 million to $600 million in fiscal 2025... Published 05 Jun, 2024 12:34pm
Business & Finance Turkiye to impose stocks, crypto assets transaction tax, official says ANKARA: Turkiye has almost finalised work on imposing a transaction tax on the purchase and sale of stocks and... Published 05 Jun, 2024 12:31pm
Markets JGB yields track US peers to 2-week low; benchmark yield briefly below 1% TOKYO: Japanese government bond (JGB) yields declined to two-week lows on Wednesday tracking US yields, even as... Published 05 Jun, 2024 12:29pm
Pakistan SBP expected to cut rates by 100bps, Reuters poll shows ISLAMABAD: The State Bank of Pakistan (SBP) is widely expected to cut its key interest rate next week by 100 basis... Updated 05 Jun, 2024 10:51pm
Sports Euro 2024: Croatia factfile ZAGREB: Factfile on Croatia ahead of Euro 2024, which starts on June 14: Previous Euro performances: Six... Published 05 Jun, 2024 12:03pm
Sports Euro 2024: Germany factfile BERLIN: Factfile on Germany ahead of Euro 2024, which starts on June 14: Previous Euro performance: 13... Published 05 Jun, 2024 12:00pm
Sports Luka Modric set for international swan song at Euro 2024 ZAGREB: Luka Modric, Croatia’s star midfielder and the guiding force behind the country’s recent football successes,... Published 05 Jun, 2024 11:57am
World Japan congratulates Modi’s alliance on India election win TOKYO: Japan on Wednesday congratulated Prime Minister Narendra Modi’s ruling alliance on their victory in India’s... Published 05 Jun, 2024 11:55am
Markets Hong Kong shares open higher on new US rate cut hopes HONG KONG: Hong Kong stocks edged up in the opening minutes of Wednesday after a weak US jobs reading gave a shot in... Published 05 Jun, 2024 11:42am
Sports Skipper Rohit Sharma tried to get Dravid to stay on as India coach NEW YORK: India captain Rohit Sharma said Tuesday that he had unsuccessfully tried to get Rahul Dravid to stay on as... Published 05 Jun, 2024 11:40am
World Body recovery ‘called off’ at Papua New Guinea landslide site PORT MORESBY: The bodies of hundreds of villagers feared buried in Papua New Guinea landslide will not be recovered,... Published 05 Jun, 2024 11:38am
Sports Teenager Mirra Andreeva frees her mind in quest for French Open upset When Mirra Andreeva steps out on Philippe Chatrier on Wednesday, she will have the unenviable task of beating... Published 05 Jun, 2024 11:04am
Markets Rupee unchanged against US dollar Currency settles at 278.30 in inter-bank market Updated 05 Jun, 2024 10:54pm
World Biden to meet Zelenskiy, US not planning to send military trainers to Ukraine WASHINGTON: President Joe Biden will meet Ukrainian leader Volodymyr Zelenskiy while in Normandy, White House... Published 05 Jun, 2024 11:01am
Sports Australia’s Cummins signs with Major League Cricket franchise MELBOURNE: Australia’s test and ODI captain Pat Cummins has signed a four-year deal with the San Francisco Unicorns... Published 05 Jun, 2024 10:58am
Markets Indian shares rebound after worst session in four years on narrow Modi win BENGALURU: Indian shares edged up on Wednesday, after posting their worst day in over four years in the previous... Published 05 Jun, 2024 10:57am
Markets Copper dips on weak physical demand in China Copper prices fell on Wednesday, staying below a key level of $10,000 a metric ton, as weak physical demand in top... Published 05 Jun, 2024 10:55am
Markets Japan’s Nikkei falls after weak US jobs data; stronger yen weighs TOKYO: Japan’s Nikkei share average fell on Wednesday, dragged by economic-sensitive stocks after... Published 05 Jun, 2024 10:54am
World India’s Modi, allies to meet after election verdict, key ally pledges support HYDERABAD: A key ally of Indian Prime Minister Narendra Modi pledged support to him on Wednesday and was set to... Updated 05 Jun, 2024 12:19pm
Markets UAE’s non-oil business growth retains slower pace in May, PMI shows DUBAI: Capacity constraints weighed on non-oil business activity in the United Arab Emirates in May with output... Published 05 Jun, 2024 10:45am
Markets China’s yuan down as markets look past service activity data SHANGHAI: China’s yuan eased against the dollar on Wednesday on persistent doubts about the pace of recovery in the... Published 05 Jun, 2024 10:42am
Markets China stocks edge down despite upbeat service activity data; HK shares up SHANGHAI: China stocks edged down on Wednesday, dragged lower by consumer and property shares, despite an unexpected... Published 05 Jun, 2024 10:41am
Business & Finance UK new car sales grew in May, preliminary industry data shows New car registrations in Britain recorded their 22nd consecutive month of growth in May, preliminary industry data... Published 05 Jun, 2024 10:40am
Markets Financials, healthcare drive Australian shares higher ahead of GDP data Australian shares inched higher on Wednesday, as gains in banks and healthcare stocks outweighed losses in... Published 05 Jun, 2024 10:38am
Markets Indian rupee to count on central bank’s help amid portfolio outflows MUMBAI: The Indian rupee will rely on the central bank stepping in to defend the currency on Wednesday, amid likely... Published 05 Jun, 2024 10:36am
Markets Wheat reverses course from two-week low, supported by lower Russian crop SINGAPORE: Chicago wheat ticked higher on Wednesday, bouncing off the two-week low hit earlier in the session, with... Published 05 Jun, 2024 10:35am
Markets Australian, NZ dollars find support, carry trades turn turbulent SYDNEY: The Australian and New Zealand dollars edged up again on Wednesday after domestic economic news proved less... Published 05 Jun, 2024 10:33am
Markets Palm oil in tight range after steepest decline since May 2023 JAKARTA: Malaysian palm oil futures traded in a tight range early on Wednesday, after they fell nearly 4% in the... Published 05 Jun, 2024 10:31am
Sports Relentless Cristiano Ronaldo chasing more Euro glory with Portugal Portugal captain Cristiano Ronaldo has been a model of longevity for more than two decades in an outstanding career,... Published 05 Jun, 2024 10:30am
Markets Gold rangebound as traders seek more US data for Fed cues Gold prices rose slightly on Wednesday helped by lower Treasury yields, but were stuck in a tight range as investors... Published 05 Jun, 2024 10:29am
Markets Indian bond yields may dip as market digests a weaker Modi win MUMBAI: Indian government bond yields are expected to ease marginally in early trading on Wednesday as investors... Published 05 Jun, 2024 10:27am
Markets Asian stocks rise on rate-cut wagers; spotlight on India SINGAPORE: Asian stocks rose on Wednesday, while the dollar was steady as a softening US labour market firmed up... Published 05 Jun, 2024 10:26am
Business & Finance Philippine annual inflation at 3.9% in May MANILA: Philippine annual inflation was 3.9% in May, versus the previous month’s 3.8% print, the statistics agency... Published 05 Jun, 2024 10:24am
Markets Soybeans firm on Brazilian crop losses, wheat hits 2-week low SINGAPORE: Chicago soybean futures edged higher on Wednesday, with crop losses due to flooding in top exporter... Published 05 Jun, 2024 10:22am
Markets Dollar finds footing as traders turn to US services data SINGAPORE: The dollar steadied on Wednesday as traders pared back on riskier bets in emerging markets while waiting... Published 05 Jun, 2024 09:52am
Markets Oil eases as US crude, fuel stock builds bolster demand jitters HOUSTON: Oil prices edged lower on Wednesday as a surprise build in U.S. crude stocks and larger-than-expected rise... Updated 05 Jun, 2024 08:55pm
Pakistan The Weather KARACHI: The weather report on Tuesday (June 04, 2024) and the forecast for Wednesday (June 05, 2024)... Published 05 Jun, 2024 08:19am
Pakistan Banned outfits restricted from collecting animals’ hides LAHORE: The Punjab government has imposed restriction on the banned organizations to collect sacrificial animal... Updated 05 Jun, 2024 12:11pm
Pakistan Iddat case: Court approves Bushra’s plea for suspension of sentence, early hearing ISLAMABAD: A local court, on Tuesday, approved Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan’s wife Bushra... Published 05 Jun, 2024 07:47am
Sports FIFA World Cup 2026 Qualifier: PFF announces squad LAHORE: The Pakistan Football Federation (PFF) announced the final national men’s squad for the upcoming FIFA ... Published 05 Jun, 2024 07:47am
World Turkey court loosens Erdogan’s grip on central bank ANKARA: Turkey’s top court has annulled the president’s authority to sack central bank governors before their... Published 05 Jun, 2024 07:47am
World UN decries ‘unfathomable’ killings in West Bank since Oct 7 GENEVA: The UN rights chief on Tuesday demanded an end to violence in the occupied West Bank, saying it was... Published 05 Jun, 2024 07:47am
World Qatar says no ‘clear position’ from Israel on Gaza truce deal DOHA: Mediator Qatar said Tuesday it was waiting for a “clear position” from Israel on a proposed Gaza ceasefire... Published 05 Jun, 2024 07:47am
Technology Intel unveils new chip tech in AI battle with Nvidia, AMD TAIPEI: US chip titan Intel on Tuesday struck a defiant tone in the face of strong challenges from rivals Nvidia, ... Published 05 Jun, 2024 07:47am
World UK right-winger Farage doused with drink at election campaign launch LONDON: Nigel Farage, new leader of Britain’s right-wing Reform Party and thorn in the side of the governing... Published 05 Jun, 2024 07:47am
World Anti-migrant thrust in Europe could have global knock-on effect: UN GENEVA: If Europe takes a more anti-migrant stance following upcoming elections it could impact the willingness of... Published 05 Jun, 2024 07:47am
Pakistan Court seeks arguments in 6 cases against IK ISLAMABAD: A local court on Tuesday sought arguments on Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran ... Published 05 Jun, 2024 07:47am
Pakistan Unloaded excess weight: CS authorises PHP enforcement staff LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman accorded approval to authorize the enforcement staff of Punjab... Published 05 Jun, 2024 07:47am
Pakistan DG of I&I-IR, Hyderabad and Karachi busts network of tax fraudsters HYDERABAD: As part of the national drive against tax crimes/frauds by the FBR, the Directorate General of... Published 05 Jun, 2024 07:47am
Pakistan FD revises upward IBC for HEC ISLAMABAD: The Finance Division has upward revised the Indicative Budget Ceilings (IBC) for the Higher Education... Published 05 Jun, 2024 07:47am
Pakistan Funds demanded for merged tribal districts ISLAMABAD: A coalition of six opposition political parties under the banner of Tehreek Tahafuz Ayin-e-Pakistan ... Published 05 Jun, 2024 07:47am
Pakistan PIPS hosts workshop on Parliamentary Proceedings & Budget Processes ISLAMABAD: The Pakistan Institute for Parliamentary Services (PIPS) hosted a two-day workshop in Islamabad for... Published 05 Jun, 2024 07:47am
Pakistan PTI greets IHC verdict, reopening of party office ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Tuesday lauded the Islamabad High Court (IHC)’s decision to exonerate... Published 05 Jun, 2024 07:47am
Pakistan Russian embassy says ‘closely following’ developments ISLAMABAD: In an unusual development, the Embassy of Russia in Islamabad on Tuesday stated that it is ‘closely... Published 05 Jun, 2024 07:47am
Business & Finance SECP, ADB hold workshop ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in collaboration with Asian Development Bank... Published 05 Jun, 2024 07:47am
Life & Style ‘Zindagi Tamasha’ becomes first movie to premiere on TikTok KARACHI: TikTok has announced a groundbreaking partnership with Khoosat Films, led by the director Sarmad Khoosat,... Updated 05 Jun, 2024 01:49pm
Pakistan Patients in Capital facing serious problems: Three major govt hospitals have non-functional MRI machines ISLAMABAD: Thousands of patients in the capital city are facing serious problems as three major government hospitals... Published 05 Jun, 2024 07:47am
Pakistan Bank Alfalah, WWF-Pakistan to plant mangroves in Balochistan KARACHI: On the occasion of World Environment Day, Bank Alfalah, one of the largest commercial banks in Pakistan, in... Published 05 Jun, 2024 07:47am
Pakistan JI voices its concern over rise in crime KARACHI: Jamaat-e-Islami (JI) on Tuesday cast its concerns over rising street crimes in the city, warning that the... Published 05 Jun, 2024 07:47am
Pakistan Hyderabad cylinder blast: Tessori gives financial assistance to families HYDERABAD: Governor Sindh Kamran Tessori gave financial assistance to 60 families of the martyrs and injured in the... Published 05 Jun, 2024 07:47am
Business & Finance APTMA demands restoration of ‘zero rating’, reduction in power tariffs and policy rate LAHORE: Central Chairman All Pakistan Textile Mills Association (APTMA) Asif Inam has demanded reduction in power... Published 05 Jun, 2024 07:47am
Business & Finance May cement despatches rise 7.83pc YoY LAHORE: Cement despatches increased by 7.83% in May 2024 as the total despatches were registered at 4.275 million... Published 05 Jun, 2024 07:41am