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Markets

Ugandan shilling firms on slump in importer, banks’ FX appetite

KAMPALA: The Ugandan shilling traded firmer on Wednesday, helped by a slump in demand for hard currency from both...

Published 03 Jul, 2024 02:49pm

World

India plans to hike rural housing subsidies to over $6.5bn after election setback, sources say

NEW DELHI: India plans to increase state subsidies on rural housing in the upcoming federal budget by as much as 50%...

Published 03 Jul, 2024 02:47pm

World

Boris Johnson tries to fire up flagging campaign as UK election looms

LONDON: Ex-prime minister Boris Johnson tried to rally the Conservative party faithful as UK politicians on...

Published 03 Jul, 2024 02:39pm

Markets

Gold price per tola increases Rs800 in Pakistan

After remaining unchanged in the previous session, gold prices improved in Pakistan on Wednesday in line with an...

Published 03 Jul, 2024 02:31pm

Life & Style

Ambanis host mass wedding for over 50 underprivileged couples

Asia’s richest man – Indian billionaire Mukesh Ambani – along with his family hosted a mass wedding for 50...

Published 03 Jul, 2024 02:25pm

World

Russian attacks on Kharkiv region kill one, injure four

KYIV: One person was killed and another four wounded in Russian attacks in Ukraine’s northeastern Kharkiv region on...

Published 03 Jul, 2024 01:40pm

World

China supports Kazakhstan joining BRICS, President Xi says

BEIJING: China’s President Xi Jinping said he supports Kazakhstan joining the BRICS group, Chinese state media...

Published 03 Jul, 2024 01:37pm

Markets

South African rand gains as Ramaphosa’s new government takes shape

JOHANNESBURG: The South African rand strengthened on Wednesday ahead of the swearing-in ceremony of ministers in...

Published 03 Jul, 2024 01:33pm

Markets

Rouble firms against dollar in relatively narrow trading range

MOSCOW: The rouble firmed against the dollar on Wednesday, trading in its narrowest range since new US sanctions on...

Published 03 Jul, 2024 01:29pm

Pakistan

Pakistan has met all requirements for IMF bailout deal, finance official says

Malik says no major issues left to address as Pakistan seeks over $6bn bailout

Published 03 Jul, 2024 01:28pm

Pakistan

Mari Mining receives licences for exploration of minerals in Chagai

Mari Mining Company (Pvt) Limited (MMC), a wholly-owned subsidiary of Mari Petroleum Company Limited (MARI), has...

Published 03 Jul, 2024 01:14pm

Markets

London stocks rebound on gains in metal miners ahead of elections

London stocks rebounded on Wednesday, led by a rise in metal miners and renewed hopes of US interest rate cuts, but...

Published 03 Jul, 2024 01:10pm

Pakistan

ECP protest case: Islamabad court acquits Imran, Qureshi

A district and sessions court acquitted on Wednesday Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and former...

Published 03 Jul, 2024 01:09pm

Markets

European shares rise after Powell’s dovish comments; focus on elections

European shares rose on Wednesday as investors welcomed dovish comments from Federal Reserve Chair Jerome Powell and...

Published 03 Jul, 2024 01:08pm

Sports

Demiral double sends Turkiye into Euro 2024 quarters at Austria’s expense

LEIPZIG: Merih Demiral was Turkiye unlikely hero with both goals in a 2-1 win over Austria on Tuesday that booked...

Published 03 Jul, 2024 12:42pm

World

Reformist, ultraconservative in Iran presidential runoff

TEHRAN: Iranians will vote on Friday in a presidential runoff pitting the reformist Masoud Pezeshkian against...

Published 03 Jul, 2024 12:23pm

World

Floods kill four in India after heavy rains

GUWAHATI: Torrential rains in northeast India have sparked heavy flooding killing at least four people, government...

Published 03 Jul, 2024 12:20pm

World

Palestinian Authority says four killed in Israeli strike in West Bank

OCCUPIED JERUSALEM: An Israeli air strike killed four people in the occupied West Bank, the Palestinian Authority...

Published 03 Jul, 2024 12:06pm

Sports

Copa America quarter-final draw

MIAMI: Draw for 2024 Copa America quarter-finals after conclusion of first round on Tuesday: Thursday July 4 At...

Published 03 Jul, 2024 11:54am

Markets

KSE-100 index crosses 80,000 level as buying spree continues

The Pakistan Stock Exchange (PSX) continued with its winning momentum, as the benchmark KSE-100 index crossed the...

Updated 03 Jul, 2024 01:30pm

World

Vladimir Putin arrives in Kazakhstan for Russia-China dominated SCO summit

Russia’s President Vladimir Putin arrived in Kazakhstan on Wednesday for regional security and defence talks, the...

Published 03 Jul, 2024 11:40am

World

Ukraine not ready to compromise with Russia, says Zelenskiy aide

WASHINGTON: Ukraine is not ready to compromise with Russia and give up any territory to end the war, a senior...

Published 03 Jul, 2024 11:29am

Markets

Palm oil opens low tracking soyoil prices at Chicago Board of Trade

JAKARTA: Malaysian palm oil futures opened down on Wednesday, snapping five consecutive session of gains, tracking...

Published 03 Jul, 2024 11:23am

World

Malaysia’s Najib loses legal bid to serve sentence under house arrest

KUALA LUMPUR: A Malaysian court dismissed jailed former Prime Minister Najib Razak’s legal bid to obtain a document...

Published 03 Jul, 2024 11:21am

World

Joe Biden, Netanyahu expected to meet in Washington during Israeli PM’s July visit

WASHINGTON: US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu are expected to meet in Washington...

Updated 03 Jul, 2024 11:54am

Markets

Australian dollar inches up on upbeat retail data, kiwi struggles

SYDNEY: The Australian dollar edged up against the US dollar on Wednesday as domestic data on retail spending...

Published 03 Jul, 2024 11:06am

World

Major stampedes in India over the years

At least 121 people, most of them women and children, died in a stampede at a Hindu religious congregation in...

Published 03 Jul, 2024 11:03am

Sports

Julian Alvarez, Otamendi named in Argentina squad for Olympics

Argentina have named Julian Alvarez and Nicolas Otamendi in their squad for the Olympic Games in Paris despite both...

Published 03 Jul, 2024 10:55am

Markets

Intra-day update: rupee registers marginal gain against US dollar

Currency hovers at 278-279 level in inter-bank market

Published 03 Jul, 2024 10:55am

World

At least 121 people, mostly women, killed in stampede at India’s Hathras

HATHRAS: The death toll from a stampede at a Hindu religious congregation in northern India has risen to 121, news...

Published 03 Jul, 2024 10:48am

Markets

Gold flat as investors focus on Fed minutes

Gold prices were flat on Wednesday as investors awaited minutes of the Federal Reserve’s last policy meeting for...

Published 03 Jul, 2024 10:45am

Markets

UAE’s non-oil business growth slows in June, PMI shows

Growth in the United Arab Emirates’ non-oil private sector slowed in June with weaker job creation and an easing in...

Published 03 Jul, 2024 10:42am

World

Russia says it downed 10 Ukraine-launched air drones, two sea drones

Russia’s defence systems destroyed 10 air drones that Ukraine launched at Russian territory, as well as two sea...

Published 03 Jul, 2024 10:37am

Business & Finance

World Bank cuts 2024 Thai GDP growth outlook to 2.4% on weaker exports

BANGKOK: Thailand’s economy is expected to grow 2.4% this year, down from the 2.8% expansion projected in April,...

Published 03 Jul, 2024 10:35am

Sports

Costa Rica beat Paraguay but exit Copa America as Colombia, Brazil advance

AUSTIN: Costa Rica scored two early goals to beat Paraguay 2-1 in their final Copa America Group D match on Tuesday...

Published 03 Jul, 2024 10:33am

Markets

Asia stocks gain on rate cut wagers, yen stays near 38-year lows

SINGAPORE: Asian stocks rose on Wednesday as comments from Fed Chair Jerome Powell reinforced expectations that US...

Published 03 Jul, 2024 10:28am

Markets

Indian bond yields slightly down as US peers come off highs

MUMBAI: Indian government bond yields were marginally down early on Wednesday amid a pullback in US Treasury yields,...

Published 03 Jul, 2024 10:25am

Markets

Indian rupee may dip amid little relief for Asian peers from Powell’s remarks

MUMBAI: The Indian rupee is expected to open marginally weaker or flat on Wednesday as comments from the Federal...

Published 03 Jul, 2024 10:23am

Markets

Corn and soybeans inch higher as traders eye US crop conditions

CANBERRA: Chicago corn and soybean futures edged up on Wednesday and were hovering above multi-year lows as concerns...

Published 03 Jul, 2024 10:21am

Markets

Miners lead Australian shares higher

Australian shares rose on Wednesday, led by gains in miners, while Federal Reserve Chair Jerome Powell struck a...

Published 03 Jul, 2024 10:18am

Markets

Indian shares set to open higher; HDFC Bank in focus

BENGALURU: Indian shares are likely to open higher on Wednesday, tracking Asian peers, while top private lender HDFC...

Published 03 Jul, 2024 10:11am

Markets

Japan’s Nikkei rises as tech stocks track US growth shares higher

TOKYO: Japan’s Nikkei share average rose on Wednesday as heavyweight technology stocks tracked US megacap growth...

Published 03 Jul, 2024 10:08am

Markets

Copper steadied ahead of economic data release

BEIJING: Copper prices steadied on Wednesday as the US dollar softened, while investors awaited some key data by...

Published 03 Jul, 2024 10:06am

Markets

Dollar on the defensive amid lower yields, yen hovers near 38-year trough

TOKYO: The dollar remained on the back foot on Wednesday after dovish comments from Federal Reserve Chair Jerome...

Published 03 Jul, 2024 10:04am

Markets

Oil rises on US crude inventory draw, Mideast tensions

SINGAPORE: Oil prices rose on Wednesday after industry data showed a bigger-than-expected draw in US crude...

Updated 03 Jul, 2024 01:07pm

Markets

China’s yuan slides to seven-month low on weak economic data

HONG KONG: China’s yuan skidded to a seven-month low against the dollar on Wednesday on weak economic data and as...

Published 03 Jul, 2024 09:58am

Pakistan

The Weather

KARACHI: The weather report on Tuesday (July 02, 2024) and the forecast for Wednesday (July 03, 2024)...