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World

Russia says it sees no signs that Ukraine and the West are ready for peace talks despite all statements

MOSCOW: Russian Foreign Minister Sergei Lavrov said in remarks published on Friday that he saw no objective signs...

Published 24 Jan, 2025 07:23pm

Markets

Pakistan, World Bank agree to expedite implementation of Dasu Hydropower Project

Power minister seeks funds, investment for installation of smart metres at distribution level transformers

Published 24 Jan, 2025 07:12pm

Markets

Global LNG: Asian spot LNG little changed on ample stocks, mild weather

KUALA LUMPUR: Asian spot liquefied natural gas (LNG) prices were little changed this week, as ample inventories and...

Published 24 Jan, 2025 06:25pm

Markets

Oil boosts Abu Dhabi, Dubai falls

Abu Dhabi index closed higher on Friday, in line with oil prices after U.S. President Donald Trump issued a sweeping...

Published 24 Jan, 2025 05:44pm

Markets

India’s FX reserves hit near 11-month low as rupee slide continues to weigh

BENGALURU: India’s foreign exchange reserves fell to a near 11-month low of $623.98 billion as of Jan. 17, extending...

Published 24 Jan, 2025 05:40pm

Pakistan

Pakistani journalism body criticises new law regulating social media

ISLAMABAD: A new law in Pakistan aimed at regulating social media content has angered journalism groups and rights...

Published 24 Jan, 2025 05:34pm

Markets

Sri Lanka shares end lower as IT, healthcare drag

CSE All-Share index settled down 0.64% at 16,917.86

Published 24 Jan, 2025 05:31pm

Sports

Pakistan stick with spin as they chase West Indies series sweep

MULTAN: Head coach Aaqib Javed brushed aside criticism of Pakistan’s reliance on spin bowling as they seek a clean...

Published 24 Jan, 2025 05:20pm

World

Bangladesh says it won’t bail out factories linked to Hasina

DHAKA: Bangladesh’s interim government has said it will not bail out garment factories linked to a senior ally of...

Published 24 Jan, 2025 05:15pm

World

Indian munitions factory blast kills at least eight workers

MUMBAI: At least eight workers were killed in a blast at a munitions factory in western India, government officials...

Updated 24 Jan, 2025 06:07pm

World

Saudi FM in Syria for first visit since Assad’s ouster

DAMASCUS: Saudi Arabia’s top diplomat landed in Syria on Friday, an AFP correspondent reported, in his first visit...

Published 24 Jan, 2025 05:05pm

World

Taliban reject ICC arrest warrant as ‘politically motivated’

KABUL: Afghanistan’s Taliban government said on Friday an arrest warrant sought by the International Criminal Court...

Published 24 Jan, 2025 05:00pm

Pakistan

PM Shehbaz forms Special Task Force to combat human trafficking

Premier himself to lead Task Force
Development comes week after at least 44 Pakistanis lost lives in deadly boat wreck involving people trying to cross to Spain

Published 24 Jan, 2025 05:00pm

Life & Style

At WEF, Sharmeen Obaid-Chinoy stresses on inspiring social change through storytelling

Journalist and filmmaker Sharmeen Obaid-Chinoy said she believes in creating social change as she discussed her...

Published 24 Jan, 2025 04:53pm

World

Trump orders release of last JFK, RFK, King assassination files

WASHINGTON: US President Donald Trump ordered the declassification Thursday of the last secret files on the...

Published 24 Jan, 2025 04:48pm

World

US arrests, deports hundreds of ‘illegal immigrants’: Trump press chief

WASHINGTON: US authorities arrested 538 migrants and deported hundreds in a mass operation just days into President...

Published 24 Jan, 2025 04:41pm

World

More Gaza funding needed to hit ceasefire targets, UN official says

GENEVA: Funding shortages may affect the UN’s ability to maintain aid flows at target levels throughout the Gaza...

Published 24 Jan, 2025 04:35pm

Markets

Earnings worries yank Indian shares to third week of losses

Indian shares fell on Friday and logged losses for the third straight week on rising concerns over slowing corporate...

Published 24 Jan, 2025 04:25pm

Markets

Copper hits 10-week peak on hopes for Trump deal with China

LONDON: Copper prices jumped to their highest in more than two months on Friday as investors became more optimistic...

Published 24 Jan, 2025 04:23pm

Markets

Palm oil notches marginal weekly gains on Malaysian production decline

JAKARTA: Malaysian palm oil futures reversed losses on Friday to end higher, and booked a marginal weekly gains...

Published 24 Jan, 2025 04:19pm

Markets

Gold hits fresh record high of Rs289,600 per tola in Pakistan

After declining in the previous session, gold prices in Pakistan gained on Friday in line with their increase in...

Published 24 Jan, 2025 03:38pm

Life & Style

Netflix musical ‘Emilia Perez’ piles up 13 Oscar nominations

LOS ANGELES: The Netflix movie musical ‘Emilia Perez’ led the Academy Award nominations on Thursday, giving the...

Published 24 Jan, 2025 03:16pm

Life & Style

Paris’ Louvre museum, in dire state, cries for help

PARIS: The Louvre, the world’s most-visited museum and home to Leonardo da Vinci’s Mona Lisa, has requested urgent...

Published 24 Jan, 2025 02:41pm

Pakistan

SBP likely to deliver sixth straight rate cut to revive economy

MPC scheduled to meet on January 27 (Monday)

Updated 24 Jan, 2025 07:16pm

Pakistan

NA speaker summons govt-opposition meeting on Jan 28

National Assembly Speaker Ayaz Sadiq summoned on Friday the fourth meeting between the government and the opposition...

Updated 24 Jan, 2025 07:17pm

Business & Finance

Askari Bank appoints Zia Ijaz as President & CEO

The Board of Directors (BoD) of Askari Bank Limited has appointed Zia Ijaz as President and Chief Executive Officer...

Updated 24 Jan, 2025 04:16pm

Business & Finance

Revenue Division seeks exemption from vacant post abolition requirement

The Revenue Division has proposed a one-time dispensation from the policy requiring the abolition of 60% of vacant...

Updated 24 Jan, 2025 05:09pm

Sports

Belgium take on Frenchman Garcia as national coach

BRUSSELS: Belgium has hired Frenchman Rudi Garcia as the coach of the men’s national soccer team, a week after...

Published 24 Jan, 2025 01:36pm

Business & Finance

Commerzbank says no talks with UniCredit until specific offer made

BERLIN: Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it...

Published 24 Jan, 2025 01:34pm

Markets

Luxury stocks, Trump’s Davos comments lift European shares to record high

European shares hit a record high on Friday, boosted by personal goods stocks, with investors also welcoming US...

Published 24 Jan, 2025 01:31pm

Life & Style

Witherspoon and Ferrell spar in wedding comedy ‘You’re Cordially Invited’

LONDON: Hollywood star Reese Witherspoon says teaming up with actor Will Ferrell for the romantic comedy “You’re...

Published 24 Jan, 2025 12:22pm

World

Gazans ready tent camps for families returning to north after ceasefire

CAIRO/CAIRO: Palestinians in northern Gaza prepared tent encampments for displaced families on Thursday, two days...

Published 24 Jan, 2025 12:19pm

Markets

Pakistan’s Colony Textile to close weaving division amid multiple challenges

In a setback for Pakistan’s textile sector, Colony Textile Mills Limited (CTM), a local yarn manufacturer, has...

Updated 24 Jan, 2025 04:15pm

Markets

Mitsubishi Motors considering not joining planned Nissan-Honda merger, sources say

TOKYO: Japan’s Mitsubishi Motors , a junior partner of Nissan Motor, is considering not joining a planned merger...

Published 24 Jan, 2025 12:09pm

Markets

Dalian iron ore heads for small weekly gain on falling China stockpiles

SINGAPORE: Dalian iron ore futures edged higher on Friday and were set for a small weekly gain, aided by falling...

Published 24 Jan, 2025 12:02pm

Markets

Yuan surges to 1-1/2 month high after Trump’s China comments, set for best week since July

SHANGHAI: China’s yuan surged to a 1-1/2-month high against the dollar on Friday and looked set for the best weekly...

Published 24 Jan, 2025 12:00pm

Sports

Olivia Gadecki and Peers win Australian Open mixed doubles title

MELBOURNE: Australians Olivia Gadecki and John Peers battled back from a set down to defeat compatriots Kimberly...

Published 24 Jan, 2025 11:58am

Markets

China’s 2024 gold consumption slumps 9.58% y/y as high prices cut demand

BEIJING: China’s gold consumption in 2024 slumped 9.58% on the year to 985.31 metric tons, data from the China Gold...

Published 24 Jan, 2025 11:54am

Markets

China, HK stocks rise after Trump says conversation with Xi ‘friendly’

SHANGHAI: China and Hong Kong stocks rose on Friday, buoyed by US President Donald Trump’s comments that his recent...

Published 24 Jan, 2025 11:51am

World

Russia downs 121 Ukrainian drones overnight, Russian defence ministry says

MOSCOW: Russia’s defence ministry said on Friday air defence systems intercepted and destroyed 121 drones launched...

Published 24 Jan, 2025 11:47am

Markets

Palm falls as weakness in rival oils

JAKARTA: Malaysian palm oil futures fell for a third consecutive session on Friday and looked set to post a second...

Published 24 Jan, 2025 11:44am

Business & Finance

LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 yrs

SEOUL: South Korean battery firm LG Energy Solution (LGES) said it expected electric vehicle demand growth to slow...

Published 24 Jan, 2025 11:42am

World

Top Russian security official says risk of armed clash between nuclear powers is growing, TASS reports

MOSCOW: Sergei Shoigu, the secretary of Russia’s Security Council and a former defence minister, has warned that the...

Published 24 Jan, 2025 11:36am

Technology

Ericsson’s Q4 core profit rises

STOCKHOLM: Swedish telecom equipment maker Ericsson reported on Friday a rise in fourth-quarter adjusted operating...

Published 24 Jan, 2025 11:34am

Markets

Japan buyers agree to pay Q1 aluminium premium of $228/T, sources say

TOKYO: The premium for aluminium shipments to Japanese buyers for January to March was set at $228 a metric ton, up...

Published 24 Jan, 2025 11:31am

World

India’s Adani Green appoints independent law firms to review US indictment

India’s Adani Green said it has appointed independent law firms to review the US indictment of founder Gautam Adani...

Published 24 Jan, 2025 11:30am

Business & Finance

Kia posts operating profit of 12.7 trln won in 2024

SEOUL: South Korean automaker Kia Corp (000270.KS), opens new tab on Friday posted an operating profit of 12.67...

Published 24 Jan, 2025 11:25am

Life & Style

Charli XCX leads BRIT Awards nominations, Beatles’ last song recognised

LONDON: Singer Charli XCX, whose album “Brat” inspired a cultural phenomenon last summer, led nominations for the...

Published 24 Jan, 2025 11:22am

Life & Style

Brazilians jubilant at ‘I’m Still Here’ historic Oscar nomination for best picture

SAO PAULO: As the long-awaited Oscar nominations were released on Thursday, Brazilians flooded social media cheering...

Published 24 Jan, 2025 11:18am

Sports

Solanke out for around six weeks in yet another injury setback for Spurs

Tottenham Hotspur striker Dominic Solanke has avoided surgery but will miss around six weeks of action due to a knee...

Published 24 Jan, 2025 11:14am

Sports

Australian Open 2025: Djokovic retires injured to put Zverev in final

MELBOURNE: Novak Djokovic retired injured after losing the first set 7-6(5) against Alex Zverev on Friday to put the...

Published 24 Jan, 2025 11:10am

Markets

Soy, corn and wheat drop as Argentina cuts export taxes; set for weekly gains

BEIJING: Chicago soybeans, corn and wheat fell on Friday as Argentina cut taxes on grain exports, but the contracts...

Published 24 Jan, 2025 11:04am

Markets

Japan’s short-end JGB yields rise ahead of BOJ policy decision

TOKYO: Yields on shorter ended Japanese government bonds (JGBs) rose on Friday as the market awaited the Bank of...

Published 24 Jan, 2025 10:59am

Markets

Japan’s Nikkei tracks Wall Street higher as BOJ decision looms

TOKYO: Japan’s Nikkei share average rose in early trading on Friday, buoyed by a record close for US stocks...

Published 24 Jan, 2025 10:50am

Markets

Rivian says other automakers ‘knocking on door’ about tech from VW joint venture

PALO ALTO: A joint venture between US electric pickup and SUV maker Rivian and Volkswagen is in talks with other...

Published 24 Jan, 2025 10:49am

Markets

KSE-100 closes 843 points higher as late-session selling trims half of intra-day gains

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed last session of the week higher by 843 points,...

Updated 24 Jan, 2025 06:06pm

Markets

Australia, NZ dollars hit 5-week highs as Trump softens tone on China

SYDNEY: The Australian and New Zealand dollars blipped higher on Friday after President Donald Trump said he could...

Published 24 Jan, 2025 10:42am

Markets

Australian shares eye best week in a month as banks, real estate gain

Australian shares rose on Friday, eyeing its best week in a month, as financial and real estate stocks lifted the...

Published 24 Jan, 2025 10:40am

Markets

India bond yields may inch higher before debt supply

MUMBAI: Indian government bond yields are expected to trend marginally higher in early deals on Friday, as market...

Published 24 Jan, 2025 10:38am

Markets

Indian rupee rises; volatility expectations drop on dwindling worries over US tariffs

MUMBAI: The Indian rupee rose on Friday, tracking a Chinese yuan-driven rally in Asian peers, after US President...

Published 24 Jan, 2025 10:36am

Technology

BYD plans to sell plug-in hybrids in Japan

TOKYO: China’s BYD could start selling its first plug-in hybrid vehicle in Japan this year, the company said on...

Published 24 Jan, 2025 10:34am

Markets

Rupee remains stable against US dollar

Currency settles at 278.75 against the greenback in inter-bank market

Updated 24 Jan, 2025 06:26pm

Business & Finance

TPL Corp, Abhi acquire FINCA Microfinance Bank

TPL Corp Limited (TPL), a Pakistani financial platform, and Abhi (Private) Limited (Abhi) have successfully acquired...

Updated 24 Jan, 2025 04:08pm

World

Trump says he will reach out to North Korea’s Kim Jong Un

WASHINGTON: U.S. President Donald Trump said in an interview broadcast on Thursday that he plans to seek to engage...

Published 24 Jan, 2025 09:02am

Markets

Gold jumps to near all time-high, set for weekly gain

Gold prices soared to near three-month highs on Friday and were on track for a fourth straight weekly gain as...

Published 24 Jan, 2025 08:59am

Markets

Indian shares set to open higher after Trump roots for lower U.S. rates

Indian shares are set to open higher on Friday, tracking other Asian peers, after U.S. President Donald Trump said...

Published 24 Jan, 2025 08:54am

Business & Finance

BOJ raises short-term interest rates to 0.5% in widely expected move

TOKYO: The Bank of Japan raised interest rates on Friday in a widely expected move, reflecting its growing optimism...

Published 24 Jan, 2025 08:50am

World

US judge temporarily blocks Trump’s order restricting birthright citizenship

SEATTLE: A federal judge blocked Donald Trump’s administration on Thursday from implementing the Republican...

Published 24 Jan, 2025 08:48am

World

Firefighters halt advance of latest Los Angeles wildfire

Firefighters stopped the expansion of a new wildfire north of Los Angeles on Thursday after it spread rapidly, as...

Published 24 Jan, 2025 08:43am

Markets

Boeing warns of bigger-than-expected $4 billion quarterly loss; shares drop

SEATTLE: Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred...

Published 24 Jan, 2025 08:38am

Markets

Wall Street regulator revokes accounting guidance on crypto assets

The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the...

Published 24 Jan, 2025 08:34am

Technology

Stargate artificial intelligence project to exclusively serve OpenAI, FT reports

Stargate, the joint venture by OpenAI, and Oracle to develop data centers for artificial intelligence in the U.S.,...

Published 24 Jan, 2025 08:31am

Technology

Tesla launches new Model Y in US, Canada, Europe weeks after China

Elon Musk’s Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States,...

Published 24 Jan, 2025 08:28am

Business & Finance

Japan’s core inflation hits 16-month high, markets brace for BOJ hike

TOKYO: Japan’s core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months,...

Published 24 Jan, 2025 08:26am

Business & Finance

Rolls-Royce wins $11 billion UK nuclear submarine contract

LONDON: Britain said on Friday it had awarded Rolls-Royce a 9 billion pound ($11 billion) contract to design, make...

Published 24 Jan, 2025 08:23am

Markets

LNG exporter Venture Global raises $1.75 bln in US IPO

Liquefied natural gas exporter Venture Global said on Thursday it had raised $1.75 billion, marking the first big...

Published 24 Jan, 2025 08:20am

Markets

Yen rises after BOJ hike; yuan, Antipodean peers get Trump boost

SINGAPORE: The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts,...

Updated 24 Jan, 2025 10:45am

Business & Finance

Global labour, environmental standards: ‘Compliance a must for economic potential, maintaining GSP+’

ISLAMABAD: Ensuring compliance with international labour and environmental standards is not only a matter of...

Published 24 Jan, 2025 08:14am

Pakistan

Bilawal assails federal govt for making ‘unilateral decisions’

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari, Thursday, strongly criticised the...

Published 24 Jan, 2025 08:11am

Markets

Oil prices set to end week lower on Trump’s energy policies

LONDON: Oil prices edged up on Friday but remained on track for a weekly decline after U.S. President Donald Trump...

Updated 24 Jan, 2025 04:28pm

Business & Finance

Senate panel requests Aurangzeb to halt FBR’s car ‘venture’

ISLAMABAD: Senator Saleem Mandviwalla, Chairman Standing Committee on Finance & Revenue, has requested the...

Published 24 Jan, 2025 08:08am

Pakistan

Prisons housing 102,026 inmates against capacity of 65,811

ISLAMABAD: The overcrowded prisons in the country are housing 102,026 prisoners in 116 jails and prisons having an...

Published 24 Jan, 2025 08:06am

Markets

Asia shares buoyed by Trump’s China comments, yen awaits BOJ

SINGAPORE: Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade...

Published 24 Jan, 2025 08:06am

BR Research

HVA Textile exports: jubilation, but risk looming

A good year has come to an end for textile exports. The calendar year 2024 marked the highest ever (or near high)...

Published 24 Jan, 2025 08:06am

Pakistan

Contempt notice against SC additional registrar: hearing held

ISLAMABAD: The Attorney General for Pakistan (AGP) told a two-judge bench that in contempt jurisdiction it cannot...

Published 24 Jan, 2025 08:04am

Pakistan

Forces kill six terrorists at Afghan border: ISPR

RAWALPINDI: Security forces thwarted an infiltration attempt at the Pak-Afghan border, killing six terrorists, the...

Published 24 Jan, 2025 08:01am

BR Research

Leather Up Limited

Leather Up Limited (PSX: LEUL) was incorporated as a private limited company in 1990 and was converted into a public...

Published 24 Jan, 2025 07:59am

Pakistan

Tarar terms Bill significant move towards ensuring protection of journalists

ISLAMABAD: Federal Minister for Information, Attaullah Tarar, on Thursday, termed the PECA Amendment Bill a...

Published 24 Jan, 2025 07:57am

Pakistan

Asif, Bilawal appointed members of Selection Board

ISLAMABAD: Defence Minister Khawaja Asif and Pakistan Peoples Party Chairman Bilawal Bhutto-Zardari have been...

Published 24 Jan, 2025 07:56am

Pakistan

Toshakhana-II reference: IHC rejects IK-Bushra plea

ISLAMABAD: Islamabad High Court (IHC) rejected Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his spouse...

Published 24 Jan, 2025 06:57am

World

Bangladesh’s high growth under ousted PM Hasina was ‘fake’: Yunus

DAVOS: The head of Bangladesh’s interim government, Nobel laureate Muhammad Yunus, said on Thursday that his...