World Jordan, Egypt say Israel must abide by UN Security Council resolution on Gaza CAIRO: Egyptian Foreign Minister Sameh Shoukry and his Jordanian counterpart Ayman Safadi urged Israel to abide by... Published 12 Jun, 2024 12:12am
Technology Pakistan’s ICT exports soar to $2.28bn, reveals Economic Survey 2023-24 Pakistan’s Information and Communication Technology (ICT) sector exports remittances have surged 17.44% to $2.283... Published 11 Jun, 2024 11:23pm
World German court dismisses request to block arms exports to Israel BERLIN: A Berlin court on Tuesday rejected an urgent request by a number of Palestinian Gaza residents to stop the... Published 11 Jun, 2024 11:21pm
World President’s son Hunter Biden lied about drug use to buy gun, jury finds WILMINGTON: President Joe Biden’s son Hunter Biden was convicted by a jury on Tuesday of lying about his drug use to... Published 11 Jun, 2024 11:02pm
Business & Finance Capacity utilisation of Pakistan’s cement industry drops to lowest on record At around 55%, this is the lowest level since at least FY2007 Updated 11 Jun, 2024 11:53pm
Markets Pakistan Stock Exchange (PSX) announces Eid-ul-Azha 2024 holidays The Pakistan Stock Exchange Limited (PSX) has announced that it will remain closed from Monday, June 17, 2024, till... Published 11 Jun, 2024 10:48pm
Pakistan Key highlights of Pakistan Economic Survey 2023-24 Finance Minister Muhammad Aurangzeb unveiled the Pakistan Economic Survey 2023-24 on Tuesday, recapping the annual... Updated 11 Jun, 2024 11:50pm
Markets ‘Intensified competition with China’ dents Pakistan’s textile sector: Economic Survey 2023-24 Intensified competition with China and weakened external demand hit Pakistan’s textile sector, which remained at the... Published 11 Jun, 2024 09:53pm
Markets London’s FTSE 100 logs worst day in nearly two months as financials, miners weigh London’s FTSE 100 fell 1% on Tuesday, weighed down by financial stocks tracking broder losses in European markets as... Published 11 Jun, 2024 09:28pm
Pakistan Economic Survey 2023-24: Pakistan’s GDP per capita increases to $1,680, size of economy at $375bn Pakistan’s GDP per capita (or per capita income) witnessed a rebound this fiscal year, standing at $1,680 compared... Published 11 Jun, 2024 09:28pm
Technology Economic Survey 2023-24: mobile phones dominate as Pakistan’s telecom sector imports stand at $1.62bn Imports by Pakistan’s telecom sector soared by 117.9%, jumping to $1.623 billion during July-March FY2024, according... Updated 11 Jun, 2024 11:57pm
Business & Finance US Fed likely to lower rate cut expectations for 2024 WASHINGTON: The US Federal Reserve kicked off a two-day meeting to set interest rates on Tuesday, with policymakers... Published 11 Jun, 2024 08:25pm
Pakistan Aurangzeb says some rollovers, return of commercial bank borrowing ways to manage external debt in FY25 Finance Minister Muhammad Aurangzeb sounded a confident tone, saying that Pakistan will meet its external debt... Updated 11 Jun, 2024 11:56pm
World Finland sees first NATO deployment as its jets join mission in Romania CONSTANTA: Finland on Tuesday made its first deployment for NATO since joining the alliance in April 2023, sending... Published 11 Jun, 2024 07:19pm
World World Bank says global growth stabilising but well below pre-pandemic levels Global economy to avoid third consecutive drop in real GDP growth since major post-pandemic jump in 2021 Updated 11 Jun, 2024 09:58pm
Sports Pakistan beat Canada by 7 wickets to stay alive at T20 World Cup Mohammad Rizwan’s unbeaten fifty helped Pakistan beat Canada by seven wickets in a must-win T20 World Cup 2024 game... Updated 11 Jun, 2024 11:14pm
Markets US stocks dip ahead of inflation data NEW YORK: Wall Street stocks dipped early Tuesday as markets took a cautious approach ahead of a Federal Reserve... Published 11 Jun, 2024 07:02pm
Markets Gulf bourses end mixed ahead of US Fed meet; Egypt rises Stock markets in the Gulf put in a mixed performance on Tuesday as investors turned cautious ahead of a key U.S.... Published 11 Jun, 2024 07:01pm
Pakistan Govt announces Eid-ul-Adha holidays from June 17-19 The federal government on Tuesday announced three holidays for Eid-ul-Adha, Aaj News reported. The holidays will... Published 11 Jun, 2024 06:58pm
Life & Style Ronaldo and Nadal’s restaurant Tatel opens in Dubai Tennis legend Rafael Nadal and football star Cristiano Ronaldo have brought their global chain, Tatel, to downtown... Published 11 Jun, 2024 06:52pm
World US to give $404mn in new aid for Palestinians: Blinken SWEIMEH: Secretary of State Antony Blinken on Tuesday announced $404 million in new US assistance for the... Published 11 Jun, 2024 06:45pm
Pakistan In meeting with UN chief, Dar calls for immediate ceasefire in Gaza Dar in Jordan to attend high-level conference 'Call for Action: Urgent Humanitarian Response for Gaza' Published 11 Jun, 2024 06:42pm
Pakistan No sacred cows, no strategic SOEs, says Aurangzeb as he unveils Pakistan Economic Survey 2023-24 Pakistan missed its GDP growth target in outgoing fiscal year Updated 11 Jun, 2024 11:48pm
Sports Tickets for Ronaldo’s Portugal training session on offer for up to 800 euros BERLIN: Tickets to watch Portugal’s Cristiano Ronaldo train with the national team in an open session on Friday at... Published 11 Jun, 2024 05:37pm
Markets Consumer discretionary stocks fuel gains in Sri Lankan shares BENGALURU: Sri Lankan shares closed higher for the sixth straight session on Tuesday, aided by gains in consumer... Published 11 Jun, 2024 05:29pm
Pakistan Pakistan imposes one document regime at Chaman border A decision was taken to stop the transshipment of contraband and illegal crossings of people Published 11 Jun, 2024 05:29pm
Business & Finance General Motors approves new $6 billion share buyback plan General Motors on Tuesday announced a new $6 billion share buyback plan, just over a month after the automaker... Published 11 Jun, 2024 05:16pm
Pakistan SC orders closure of Monal, other restaurants on Margalla Hills Summons Capital Development Authority chairman Published 11 Jun, 2024 05:03pm
Markets Gold price per tola increases Rs1,900 in Pakistan Gold prices increased in Pakistan on Tuesday in line with an increase in the international rate. In the local... Published 11 Jun, 2024 05:03pm
Perspectives Pakistan’s salaried group is rightly anxious ahead of the budget Having contributed nearly Rs330 billion in 11 months of outgoing fiscal year, reports suggest there is even higher taxation on the cards Updated 11 Jun, 2024 11:50pm
Markets Indian shares remain muted ahead of Fed decision, inflation data BENGALURU: Indian shares closed flat on Tuesday, coming off a sharp rise last week, as investors moved on from... Published 11 Jun, 2024 04:54pm
Markets Copper hits 7-week low on weak yuan, rising stockpiles LONDON: Copper prices in London hit their lowest in seven weeks on Tuesday under pressure from a weaker yuan, which... Published 11 Jun, 2024 04:51pm
Pakistan 11 terrorists killed in Lakki Marwat IBO: ISPR Operation launched in response to recent Improvised Explosive Device explosion that claimed seven lives Updated 11 Jun, 2024 06:36pm
Markets Palm oil ticks up on lower rapeseed projections SINGAPORE: Malaysian palm oil futures rose Tuesday, reversing midday losses, as lower rapeseed projections... Published 11 Jun, 2024 04:48pm
World Malawi vice president Chilima killed in plane crash BLANTYRE: Malawi’s Vice President Saulos Klaus Chilima and nine others on board a military aircraft that went... Published 11 Jun, 2024 04:13pm
Sports Emma Raducanu happy with fitness, looking forward to grass court season Former US Open champion Emma Raducanu said she no longer has any doubts when she hits the ball after recovering from... Published 11 Jun, 2024 04:06pm
Markets Kenyan shilling unchanged; tea, coffee dollar inflows to lift it NAIROBI: Kenya’s shilling was unchanged on Tuesday, with dollar inflows from tea, coffee and horticulture exports... Published 11 Jun, 2024 03:27pm
World Hamas accepts UN ceasefire resolution, ready to negotiate over details, official says CAIRO: Hamas accepts a UN Security Council ceasefire resolution and is ready to negotiate over the details, senior... Published 11 Jun, 2024 03:22pm
Markets Mainland China shares end at near two-month lows, Hong Kong down SHANGHAI: Mainland China stocks ended lower on Tuesday, the first trading day after a long weekend break, with two... Published 11 Jun, 2024 03:17pm
Markets Gulf markets mixed in early trade; Fed meet in focus Stock markets in the Gulf were mixed in early trading on Tuesday, as investors awaited a key US inflation reading... Published 11 Jun, 2024 03:14pm
Markets Uganda shilling firmer; farm export FX inflows help KAMPALA: The Ugandan shilling was stronger on Tuesday, underpinned by dollar inflows from agricultural commodity... Published 11 Jun, 2024 03:12pm
Life & Style ‘Friends’ themed experience sets up permanent home in London A themed experience based on the iconic television sitcom, ‘Friends’ is setting up permanently in London, reported... Updated 11 Jun, 2024 05:16pm
World Gaza civilian killings during Israel’s freeing of hostages could be war crimes, UN says GENEVA: The UN human rights office said on Tuesday the killings of civilians in Gaza during the Israeli aggression... Published 11 Jun, 2024 03:06pm
World At NATO allies summit, Latvia touts coordinated Ukraine approach, without Hungary RIGA: NATO’s eastern flank leaders will have a more coordinated approach towards supporting Ukraine after the... Published 11 Jun, 2024 03:01pm
Markets Dr Shamshad appointed chairperson of PSX board Former State Bank of Pakistan (SBP) governor and ex-caretaker finance minister Dr Shamshad Akhtar was appointed as... Updated 11 Jun, 2024 07:53pm
Life & Style G7 to meet in luxury Italian oasis favoured by Madonna ROME: A luxury southern Italian resort frequented by Madonna and Justin Timberlake will host the G7 leaders this... Published 11 Jun, 2024 02:41pm
Life & Style Tourists get taste of old Japan at hidden ‘snack bars’ TOKYO: Down a Tokyo street lined with bright signs, up narrow stairs and behind a windowless door is a “snack bar”... Published 11 Jun, 2024 02:22pm
Pakistan High-powered delegation from China to soon visit Pakistan: PM Shehbaz Prime Minister Shehbaz Sharif said on Tuesday that a high-powered delegation from China will soon visit Pakistan. He... Updated 11 Jun, 2024 05:46pm
Sports Poland striker worries worsen as Lewandowski limps off before Euro 2024 WARSAW: Poland’s talismanic striker Robert Lewandowski came off injured on Monday after 32 minutes as they won their... Published 11 Jun, 2024 01:49pm
Sports Netherlands brush aside Iceland in Euro warm up ROTTERDAM: The Netherlands beat Iceland 4-0 on Monday in Rotterdam in their final warm-up match before leaving for... Published 11 Jun, 2024 01:46pm
Sports Inconsistent Clark frustrated ahead of defending US Open title PINEHURST: Defending US Open champion Wyndham Clark is frustrated because he has not played consistently in recent... Published 11 Jun, 2024 01:44pm
Markets Indian firms ramped up forex hedging in volatile election-results week MUMBAI: The Indian rupee’s choppy trading last week in the wake of the national election results prompted importers... Published 11 Jun, 2024 01:38pm
Markets London stocks up as labour market data shows signs of cooling British equities opened on a positive note on Tuesday as investors cheered further signs of a cooling labour market... Published 11 Jun, 2024 01:35pm
Markets South African rand gains as unity government talks continue JOHANNESBURG: The South African rand gained in early trade on Tuesday, as political parties continued talks to try... Published 11 Jun, 2024 01:33pm
World We will pave way for Ukraine into EU: German foreign minister BERLIN: A conference on Ukraine’s post-war recovery in Berlin will pave the way for Ukraine to join the European... Published 11 Jun, 2024 01:31pm
Business & Finance ECB’s Rehn sees considerable progress in bringing inflation down to target HELSINKI: The European Central Bank’s monetary policy has successfully dampened price pressures, Finnish ECB... Published 11 Jun, 2024 01:28pm
World India wants to resolve issue of ‘years-old cross-border terrorism’ with Pakistan: FM Jaishankar MUMBAI: India said on Tuesday New Delhi would “want to find a solution to the issue of years-old cross-border... Updated 11 Jun, 2024 03:59pm
Markets Investors get over cut in key policy rate, anxious over budget as KSE-100 falls below 73,000 Rumours over anti-growth measures overshadow impact of rate cut Updated 11 Jun, 2024 07:19pm
World Rare elephant twins born in dramatic birth in Thailand AYUTTHAYA: An elephant in Thailand has delivered a rare set of twins in a dramatic birth that left a carer injured... Published 11 Jun, 2024 01:04pm
World Russian military jet crashes killing two pilots MOSCOW: A Russian military jet crashed during a training flight in the Caucasus region of North Ossetia, killing two... Published 11 Jun, 2024 01:01pm
Markets European stocks, euro extend losses on political turmoil LONDON: European equities and the euro extended a sell-off Tuesday, fuelled by EU political uncertainty, while Asian... Updated 11 Jun, 2024 05:24pm
Markets JGB yields fall as market bets BOJ’s tapering to be gradual TOKYO: Japanese government bond yields fell on Tuesday ahead of the Bank of Japan’s (BOJ) policy meeting this week,... Published 11 Jun, 2024 12:36pm
Markets Palm oil surrenders gains on weaker rivals, exports concerns SINGAPORE: Malaysian palm oil futures reversed course to fall on Tuesday on weaker rival oils and lower export... Published 11 Jun, 2024 12:33pm
Business & Finance UBS and Credit Suisse’s Swiss units could merge by July 1, executive says ZURICH: The merger of the Swiss units of UBS and Credit Suisse could be completed as early as July 1, a senior... Published 11 Jun, 2024 12:30pm
World India’s Modi prevails over allies in cabinet line-up NEW DELHI: Indian Prime Minister Narendra Modi has retained all key cabinet ministers in their portfolios in the new... Published 11 Jun, 2024 12:17pm
Business & Finance Moody’s fires France credit rating warning over snap elections LONDON: France’s snap parliamentary elections are negative for the country’s credit score, ratings agency Moody’s... Published 11 Jun, 2024 12:12pm
World Israeli forces kill 4 Palestinians in West Bank RAMALLAH: Israeli forces killed four Palestinians on Monday in the occupied West Bank, the Palestinian Authority... Published 11 Jun, 2024 12:02pm
Markets Hong Kong stocks open with losses HONG KONG: Hong Kong stocks sank at the open on Tuesday as investors returned from a long weekend break to play... Published 11 Jun, 2024 11:55am
World UK’s Sunak to unveil manifesto promising ‘financial security’ LONDON: British Prime Minister Rishi Sunak is due to unveil his Conservative party manifesto on Tuesday, promising... Published 11 Jun, 2024 11:53am
Pakistan World Bank approves $1bn financing for Dasu Hydropower Project The World Bank’s Board of Executive Directors approved $1 billion as the second round of additional financing for... Updated 11 Jun, 2024 07:52pm
World Jordan hosts emergency aid summit for war-torn Gaza AMMAN: Jordan hosts a summit Tuesday on the urgent humanitarian response for Palestinians enduring more than eight... Updated 11 Jun, 2024 03:21pm
World Russia reports battlefield gains ahead of Ukraine summit KYIV: Russia on Monday claimed the capture of another village in Ukraine’s eastern Donetsk region, the latest in a... Published 11 Jun, 2024 11:36am
Markets Asian markets mixed ahead of key Fed announcement HONG KONG: Asian markets were mixed Tuesday as traders shifted nervously while awaiting the Federal Reserve’s policy... Published 11 Jun, 2024 11:23am
World Antony Blinken in Israel to push ceasefire plan for Gaza TEL AVIV: US Secretary of State Antony Blinken will hold talks with key Israeli opposition figures on Tuesday, a day... Published 11 Jun, 2024 11:10am
Markets Rupee sees marginal decline against US dollar Currency settles at 278.50 in inter-bank market Updated 11 Jun, 2024 07:13pm
World South Korea fires warning shots after North Korea soldiers briefly cross border SEOUL: South Korean troops fired warning shots after North Korean soldiers briefly crossed the border this week,... Published 11 Jun, 2024 11:00am
World North China bakes under searing heatwave BEIJING: An extreme heat warning was in place in Beijing on Tuesday as temperatures soared across northern China,... Published 11 Jun, 2024 10:56am
Markets Wheat recovers from one-month low; soybeans gain for second session SINGAPORE: Chicago wheat rose on Tuesday, as the market recovered from its lowest levels since early May on... Published 11 Jun, 2024 10:43am
Business & Finance Singapore Airlines offers $10,000 to passengers hurt by turbulence SINGAPORE: Singapore Airlines said Tuesday it has offered $10,000 compensation to passengers who suffered minor... Updated 11 Jun, 2024 03:26pm
Markets Gold edges lower as traders eye US inflation data, Fed meeting June Gold inched lower on Tuesday as investors awaited US inflation data and the Federal Reserve’s policy announcement... Published 11 Jun, 2024 10:36am
Markets Miners, financials drag Australia shares lower; US CPI, Fed policy eyed Australian shares were set to snap a three-day rally on Tuesday, weighed by losses in miners and financials, as... Published 11 Jun, 2024 10:32am
Markets South Korean mills buy 50,000 T wheat from the US, pass on Canada HAMBURG: A group of South Korean flour mills bought an estimated 50,000 metric tons of milling wheat to be sourced... Published 11 Jun, 2024 10:29am
Business & Finance IMF reaches staff level agreement with Kenya, urges fiscal consolidation NAIROBI: Kenya has reached a staff level agreement with the International Monetary Fund on Tuesday, the organisation... Published 11 Jun, 2024 10:28am
Markets Indian shares subdued as US data, Fed decision in focus BENGALURU: Indian shares were subdued on Tuesday as lacklustre performances in heavyweight financials partially... Published 11 Jun, 2024 10:10am
Markets Dollar firm ahead of key inflation test, Fed forecast update TOKYO: The dollar hovered near a one-month peak against the euro and pushed to a one-week high versus the yen on... Published 11 Jun, 2024 10:05am
Markets Oil edges up as OPEC sees relatively strong growth in 2024 oil demand HOUSTON: Oil prices edged slightly higher on Tuesday as OPEC stuck to its forecast for relatively strong growth in... Updated 11 Jun, 2024 09:25pm
Perspectives The budget is around the corner, but there is no expectation of ‘out-of-box’ solutions Analysts and followers expect govt to tax the groups that are already contributing with little to no hope on a widening tax net Published 11 Jun, 2024 08:30am
BR Research Bold on policy cut, timid on targets The SBP took the correct decision to reduce the policy rate by 150 bps to 20.5 percent. However, the coherence in... Published 11 Jun, 2024 08:14am
BR Research Remittances shining again As expected, remittances from overseas Pakistanis saw a surge on May 24. However, the monthly inflows rose to record... Published 11 Jun, 2024 08:13am
BR Research Baluchistan Wheels Limited Baluchistan Wheels Limited (PSX: BWHL) was incorporated in Pakistan as a public limited company in 1980. The... Published 11 Jun, 2024 08:10am
Technology Elevate looks to utilise Dubai’s competitive edge as it resolves Pak freelancers’ payments woes Elevate, the fintech that recently secured financing of $5 million with the aim to expand further into South Asia,... Published 11 Jun, 2024 03:17am
Technology PTA all set to impose fee for processing, issuance of CoC ISLAMABAD: The Pakistan Telecommunication Authority (PTA) is all set to impose application/processing administrative... Published 11 Jun, 2024 03:17am
Pakistan Air pollution linked to 135m premature deaths: study SINGAPORE: Pollution from man-made emissions and other sources like wildfires have been linked to around 135 million... Published 11 Jun, 2024 03:17am
World Banned Chinese supplier: US Senate panel expands probe into BMW use of parts WASHINGTON: The chair of the Senate Finance Committee said on Monday he was expanding its probe into German... Published 11 Jun, 2024 03:17am
World Gunmen ambush minister’s security team in India’s Manipur state, 2 wounded GUWAHATI, (India): Armed men ambushed a convoy carrying the security team of the chief minister of India’s troubled... Published 11 Jun, 2024 03:17am
World JPMorgan hires new chief technology officer: memo NEW YORK: JPMorgan Chase hired former PayPal executive Sri Shivananda as its new chief technology officer (CTO), the... Published 11 Jun, 2024 03:17am
World US unveils new task force aimed at cracking down on illicit e-cigarettes WASHINGTON: The US Justice Department and the Food and Drug Administration on Monday launched a new task force that... Published 11 Jun, 2024 03:17am
World Tighter asylum deportation rules take effect in Japan TOKYO: Japanese laws making it easier for the country to deport failed asylum seekers took effect Monday, with... Published 11 Jun, 2024 03:17am
Sports President’s Trophy Grade-II final: OGDCL needs 162 more runs for victory LAHORE: Oil and Gas Development Company Limited (OGDCL) require 162 more runs to win the President’s Trophy... Published 11 Jun, 2024 03:17am
Pakistan The Weather KARACHI: The weather report on Monday (June 10, 2024) and the forecast for Tuesday (June 11, 2024)... Published 11 Jun, 2024 03:17am