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Markets

Most Gulf markets end higher ahead of US CPI

Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data,...

Published 15 Jan, 2025 07:24pm

World

Hamas, Islamic Jihad approve Gaza truce deal: Palestinian sources close to talks

CAIRO: Palestinian groups Hamas and Islamic Jihad have approved a Gaza ceasefire and prisoner exchange deal, two...

Published 15 Jan, 2025 07:21pm

Business & Finance

US consumer inflation rises to 2.9% in December

WASHINGTON: US consumer inflation rose for a third straight month in December as energy prices increased, according...

Published 15 Jan, 2025 07:18pm

World

Israeli prime minister’s office denies Hamas agreed to Gaza deal

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu’s office denied on Wednesday that Hamas had agreed to the Gaza...

Updated 15 Jan, 2025 07:02pm

World

China, Sri Lanka agree more investment and economic cooperation

BEIJING: China and Sri Lanka have agreed on more investment and economic cooperation, after China’s President Xi...

Published 15 Jan, 2025 06:33pm

Sports

‘New blood is coming’: Mensik dumps Ruud out of Australian Open

MELBOURNE: Czech teenager Jakub Mensik sent three-time Grand Slam finalist Casper Ruud tumbling out of the...

Published 15 Jan, 2025 06:12pm

Markets

Gold price per tola jumps Rs2,900 in Pakistan

Gold prices in Pakistan increased on Wednesday in line with their rise in international rates. In the local market,...

Published 15 Jan, 2025 06:10pm

World

Gaza rescuers say Israeli strikes kill 24 Palestinians

GAZA STRIP: Gaza’s civil defence agency said on Wednesday that Israeli strikes killed at least 24 people across the...

Published 15 Jan, 2025 05:48pm

World

Italy, Albania, UAE sign deal for Adriatic energy link

ABU DHABI: Italy, Albania and the United Arab Emirates (UAE) signed on Wednesday a deal worth at least 1 billion...

Published 15 Jan, 2025 05:47pm

Sports

Serve better! Gauff outlines must-do for next Melbourne clash

MELBOURNE: Coco Gauff extended her unbeaten start to the year on Wednesday but admitted she will need to serve...

Published 15 Jan, 2025 05:44pm

World

Trump CIA pick Ratcliffe to face Senate questions on politicized intelligence

WASHINGTON: The Senate intelligence committee holds a confirmation hearing on Wednesday for President-elect Donald...

Published 15 Jan, 2025 05:40pm

Sports

Ancelotti demands Real Madrid response after Clasico drubbing

MADRID: Real Madrid coach Carlo Ancelotti on Wednesday demanded a rapid reaction from his team after their...

Published 15 Jan, 2025 05:30pm

Sports

Zverev cruises into Australian Open third round

MELBOURNE: World number two Alexander Zverev kept his Australian Open title charge on track Wednesday with a...

Published 15 Jan, 2025 05:28pm

World

Trump’s attorney general pick Pam Bondi to face US Senate grilling

WASHINGTON: Donald Trump’s pick for attorney general, Pam Bondi, will face a Senate panel on Wednesday where...

Published 15 Jan, 2025 05:26pm

World

Georgian prime minister hospitalised after beating, blames government

Giorgi Gakharia, a former prime minister of Georgia who now leads one of the country’s main opposition groups, was...

Published 15 Jan, 2025 05:19pm

Life & Style

$56,000 tuition a year: Dubai to welcome $100mn school campus in August

In another indicator of Dubai’s upward trajectory, one of the world’s largest operators of private schools – GEMS...

Updated 15 Jan, 2025 05:41pm

World

South Korean investigators question arrested President Yoon in insurrection probe

SEOUL: Impeached South Korean President Yoon Suk Yeol was arrested and questioned by authorities on Wednesday in...

Published 15 Jan, 2025 05:07pm

Pakistan

No treaty of alliance with Pakistan, nor is Islamabad a technical ally: White House

Remarks come in backdrop of Pakistan's appeal to global community over emerging terrorist threats from Afghanistan

Updated 15 Jan, 2025 06:35pm

World

Trump nominee Pete Hegseth weathers Democrats’ grilling to emerge largely unscathed

WASHINGTON: President-elect Donald Trump’s pick to lead the Pentagon, Pete Hegseth, endured fierce Democratic...

Published 15 Jan, 2025 05:00pm

Life & Style

Starbucks shift on non-paying visitors stirs debate in US

NEW YORK: Starbucks has stirred the coffee pot by reversing a policy that allowed anyone to use its bathrooms, with...

Published 15 Jan, 2025 04:52pm

Markets

Indian benchmarks inch higher on IT, energy gains

India’s benchmark indexes inched higher on Wednesday, led by energy and information technology stocks, although...

Published 15 Jan, 2025 04:51pm

Markets

Broad-based gains lift Sri Lanka shares

CSE All-Share index settled up 1.42% at 16,152.35

Published 15 Jan, 2025 04:48pm

Markets

EU sanctions threat on Russian metal supports aluminium price

LONDON: Aluminium prices in London rose on Wednesday due to worries about tightening supplies to the European Union...

Published 15 Jan, 2025 04:46pm

Markets

Palm ends lower on rival soyoil, lack of fresh demand weighs

JAKARTA: Malaysian palm oil futures closed lower on Wednesday, tracking rival soyoil’s weakness in Dalian and...

Published 15 Jan, 2025 04:43pm

World

Aramco’s lithium project promising but not yet commercial, minister says

RIYADH: Saudi Arabian state oil giant Aramco’s project to extract lithium is “promising, but not yet commercially...

Published 15 Jan, 2025 04:39pm

Markets

Russia offers to provide LNG, crude oil to Vietnam

HANOI: Russia is willing to help develop Vietnam’s nuclear power sector and provide it with crude oil and LNG, the...

Published 15 Jan, 2025 03:36pm

Pakistan

Pakistan rejects India’s ‘fictitious claims’ regarding IIOJK

Indian Army Chief's statement not only contrary to facts, but also exercise in futility, ISPR says

Updated 15 Jan, 2025 06:37pm

World

China’s Xi seeks greater coordination with Vietnam

BEIJING: China and Vietnam should broaden international and regional coordination and safeguard global fairness,...

Published 15 Jan, 2025 03:35pm

Markets

IEA says new US sanctions could significantly disrupt Russian supply

LONDON: The latest round of US sanctions against Russian oil announced last Friday could significantly disrupt the...

Published 15 Jan, 2025 03:34pm

Markets

European shares rise as soft inflation powers UK stocks

European shares were broadly higher on Wednesday as bond yields took a breather ahead of crucial inflation data in...

Published 15 Jan, 2025 03:32pm

Markets

Kenyan shilling steady against dollar, LSEG data shows

The shilling traded at 129.25/129.75 per dollar

Published 15 Jan, 2025 03:31pm

Business & Finance

Wafi Energy Pakistan Limited appoints Zubair Shaikh as interim CEO

The Board of Directors (BoD) of Wafi Energy Pakistan Limited, formerly Shell Pakistan Limited, has appointed Zubair...

Updated 15 Jan, 2025 07:18pm

Life & Style

Coffee lovers find grounds for complaint at Australian Open

MELBOURNE: Melbourne prides itself on serving up the world’s best coffee, but finding a hot brew at the Australian...

Published 15 Jan, 2025 02:32pm

Markets

OGDCL begins oil & gas production from Khairpur’s Kharo-1 well

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,...

Updated 15 Jan, 2025 07:22pm

World

Volodymyr Zelensky, Poland’s PM Tusk to meet in Warsaw on Wednesday

WARSAW: Polish Prime Minister Donald Tusk will host Ukraine’s President Volodymyr Zelensky for talks in Warsaw on...

Published 15 Jan, 2025 02:28pm

World

World has to keep up pressure on Israel after Gaza truce: Palestinian PM

OSLO: The international community will have to maintain pressure on Israel after an imminent ceasefire in Gaza so it...

Published 15 Jan, 2025 02:25pm

Technology

Japan’s ispace, US’s Firefly launch commercial moon landers

ORLANDO/TOKYO: Two moon landers, one from Japan’s ispace and another from U.S. space firm Firefly, began their...

Published 15 Jan, 2025 02:21pm

Markets

Govt cuts tariff on charging stations by 45%: Awais Leghari

Energy minister says decision will pave way for expansion of charging stations, and increase EV adoption in Pakistan

Updated 15 Jan, 2025 07:07pm

World

Gaza ceasefire appears close as US, Egyptian leaders put focus on ‘coming hours’

DOHA/CAIRO/OCCUPIED JERUSALEM: Negotiators were trying to hammer out the final details of a ceasefire in Gaza on...

Published 15 Jan, 2025 01:41pm

World

Bangladesh’s Muhammad Yunus demands return of stolen billions

DHAKA: Bangladesh’s interim leader Muhammad Yunus on Wednesday demanded the return of stolen assets, decrying the...

Published 15 Jan, 2025 01:06pm

Sports

Pakistan plot spin blitz as West Indies return after 19 years

MULTAN: Pakistan will look to formidable spin duo Noman Ali and Sajid Khan to torment the visitors when the West...

Published 15 Jan, 2025 01:01pm

World

Police arrest 49 men for sexual abuse of Indian teen

BENGALURU: More than four dozen men have been arrested in India for the repeated sexual abuse of a teenager over...

Published 15 Jan, 2025 12:56pm

Sports

Record-setting Novak Djokovic trumps Federer on way to Melbourne third round

MELBOURNE: Novak Djokovic dropped a set but regrouped to reach the Australian Open third round on Wednesday and in...

Published 15 Jan, 2025 12:51pm

World

Suspected outbreak of Marburg virus kills eight in Tanzania, WHO says

NAIROBI: A suspected outbreak of the Marburg virus in northwest Tanzania has infected nine people, killing eight of...

Published 15 Jan, 2025 12:46pm

World

Ukraine reports emergency power cuts amid ‘massive’ Russian air strike

Ukraine introduced emergency power cuts in six regions amid what authorities described as a “massive” Russian...

Published 15 Jan, 2025 12:42pm

Business & Finance

MCB’s Nauman Chughtai gets FPT clearance from State Bank

The State Bank of Pakistan (SBP) has cleared the Fit & Proper Test (FPT) for Muhammad Nauman Chughtai as...

Updated 15 Jan, 2025 05:46pm

Business & Finance

UK inflation unexpectedly falls, core price measures slow by more

LONDON: British inflation unexpectedly slowed last month and core measures of price growth - tracked by the Bank of...

Published 15 Jan, 2025 12:34pm

Business & Finance

British homebuilder Vistry warns of uncertain market conditions

Vistry, Britain’s largest home builder by output, said on Wednesday that market conditions for the current fiscal...

Published 15 Jan, 2025 12:30pm

Markets

Corn and soybeans tread water as US farmers sell into high prices

CANBERRA: Chicago corn and soybean futures hovered just below multi-month highs on Wednesday, as US farmers stepped...

Published 15 Jan, 2025 12:25pm

Markets

South Korean shares rise; domestic political developments in focus

The benchmark KOSPI gained 9.21 points, or 0.37%, to 2,506.61

Published 15 Jan, 2025 12:22pm

Markets

Vietnam 2025 rice exports forecast at 7.5mn tons

HANOI: Vietnam’s rice exports are forecast at 7.5 million metric tons this year, the chairman of the Vietnam Food...

Published 15 Jan, 2025 12:19pm

Markets

Rupee registers marginal decline against US dollar

Currency settles at 278.77 against the greenback in inter-bank market

Updated 15 Jan, 2025 06:34pm

Markets

Copper prices retreat from one-month high on dollar strength

SHANGHAI: Most base metals declined on Wednesday, with copper pulling back from a one-month high, weighed down by a...

Published 15 Jan, 2025 12:06pm

Markets

Tanker rates extend rally on sanctions, demand to load Mideast oil

SINGAPORE: Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from...

Published 15 Jan, 2025 12:04pm

Sports

Zheng Qinwen shocked at Australian Open as Siegemund savours win over Olympic champion

MELBOURNE: Last year’s runner-up Zheng Qinwen was sent crashing out of the Australian Open second round on Wednesday...

Published 15 Jan, 2025 12:00pm

Business & Finance

Nippon Steel wants to work with Trump administration on US Steel deal, Mori tells WSJ

TOKYO: Japan’s Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to...

Published 15 Jan, 2025 11:56am

Markets

Indonesia’s rupiah hits over 5-month low ahead of rate decision

Indonesia’s rupiah fell to its lowest in more than five months on Wednesday ahead of the central bank’s monetary...

Published 15 Jan, 2025 11:53am

World

Dense fog over Indian capital delays flights, trains

Dense fog and cold weather delayed train and flight departures in several parts of northern India, including its...

Published 15 Jan, 2025 11:51am

Sports

Carlos Alcaraz masters another lefthander in speedy Nishioka win

MELBOURNE: A relentless Carlos Alcaraz charged into the third round of the Australian Open on Wednesday with a 6-0...

Published 15 Jan, 2025 11:49am

Business & Finance

Indonesia books $2.2bn surplus in December as imports jump

JAKARTA: Indonesia reported a $2.24 billion trade surplus in December, below expectation, amid a jump in imports and...

Published 15 Jan, 2025 11:43am

Sports

Aryna Sabalenka in no mood to relax after Zheng’s early exit

MELBOURNE: Aryna Sabalenka said early exits by big names at the Australian Open would not make her title defence any...

Published 15 Jan, 2025 11:37am

Pakistan

World Bank’s $20bn pledge reflects confidence in Pakistan’s economy: PM Shehbaz

Prime Minister Shehbaz Sharif on Wednesday welcomed the World Bank’s pledge of $20 billion for Pakistan under its...

Updated 15 Jan, 2025 05:45pm

Pakistan

Four terrorists killed in North Waziristan IBO: ISPR

Security forces killed four terrorists in an intelligence based operation in general area Spinwam, North Waziristan...

Published 15 Jan, 2025 11:30am

Markets

palm oil tracks on Chicago soyoil lower as lack of fresh demand weighs

JAKARTA: Malaysian palm oil futures extended losses on Wednesday, tracking rival soyoil’s weakness in Chicago and...

Published 15 Jan, 2025 11:27am

Sports

Tiger Woods on wrong side of lopsided defeat in TGL debut

PALM BEACH GARDENS: Tiger Woods, whose talent and charisma elevated golf to new heights during his prime, embarked...

Published 15 Jan, 2025 11:14am

Business & Finance

Euro zone households could increase consumption, ECB chief economist says

Euro zone households are likely to reduce their savings this year and consume more of their disposable income,...

Published 15 Jan, 2025 11:10am

Markets

Gold eases as spotlight shifts to US inflation data

Gold prices edged lower on Wednesday as caution prevailed ahead of the US consumer price inflation report that could...

Published 15 Jan, 2025 11:08am

World

Joe Biden looks to relax Cuba sanctions in final days before Trump

WASHINGTON/HAVANA: The Biden administration said on Tuesday it would remove Cuba from its terrorism blacklist, while...

Published 15 Jan, 2025 11:05am

Markets

Iron ore near two-week high on strong China data, Trump tariff worry limits gains

BEIJING: Iron ore futures extended gains on Wednesday, aided by China’s better-than-expected credit data, but fears...

Published 15 Jan, 2025 10:55am

Markets

China’s yuan stutters near 16-month low, a whisker away from downside limit

SHANGHAI: China’s yuan eased to trade just a fraction from its daily downside limit on Wednesday, maintaining a weak...

Published 15 Jan, 2025 10:53am

Markets

China stocks slip as investors await cues on more stimulus; HK edges higher

SHANGHAI: China stocks dropped on Wednesday following a strong rally in the previous session, with investors staying...

Published 15 Jan, 2025 10:49am

Markets

Australia, NZ dollars off lows, fates rest with US inflation outcome

SYDNEY: The Australian and New Zealand dollars won some relief from selling pressure on Wednesday after a tame...

Published 15 Jan, 2025 10:46am

Markets

Banks, miners lead Australian shares higher; local jobs data eyed

Banks and miners helped Australian shares higher on Wednesday, while investors awaited the local employment data due...

Published 15 Jan, 2025 10:42am

Markets

Japan’s Nikkei trades higher after four sessions of losses

TOKYO: Japan’s Nikkei share average traded higher on Wednesday as investors bought back stocks after four straight...

Published 15 Jan, 2025 10:40am

Markets

India bond yields seen in thin range ahead of US inflation data

MUMBAI: Indian government bond yields are expected to trend largely unchanged in early deals on Wednesday, as market...

Published 15 Jan, 2025 10:38am

Markets

KSE-100 snaps 3-session rally, closes lower by 308 points

The Pakistan Stock Exchange (PSX) witnessed selling pressure on Wednesday as its benchmark KSE-100 Index closed...

Updated 15 Jan, 2025 06:02pm

World

Russia says its forces capture two settlements in eastern Ukraine

MOSCOW: Russian troops pressing their slow advance through eastern Ukraine took control of two settlements in...

Published 15 Jan, 2025 08:54am

World

South Korean investigators arrest impeached President Yoon, ending weeks-long standoff

SEOUL: South Korean authorities arrested impeached President Yoon Suk Yeol on Wednesday over insurrection...

Published 15 Jan, 2025 08:49am

World

Iran never plotted to kill Donald Trump, Iranian president says

WASHINGTON: Iran never plotted to kill Republican U.S. President-elect Donald Trump, Iranian President Masoud...

Published 15 Jan, 2025 08:44am

World

Biden names two California national monuments after fires thwarted in-person ceremony

WASHINGTON: U.S. President Joe Biden designated two California sites – a swathe of desert significant to native...

Published 15 Jan, 2025 08:40am

Technology

TikTok seeks to reassure U.S. employees ahead of Jan. 19 ban deadline

TikTok plans to keep paying U.S. employees even if the Supreme Court does not overturn a law that would force the...

Published 15 Jan, 2025 08:35am

Markets

Indian rupee to inch up on dollar pullback before US inflation data

MUMBAI: The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to...

Published 15 Jan, 2025 08:22am

Markets

Indian benchmarks set to open marginally higher

India’s benchmark indexes are expected to open marginally higher on Wednesday, although analysts expect caution to...

Published 15 Jan, 2025 08:19am

World

South Korea jobless rate hits 3-1/2-yr high amid political uncertainty

SEOUL: South Korea’s jobless rate jumped to the highest in 3-1/2 years in December, as political turmoil stoked...

Published 15 Jan, 2025 08:15am

World

US SEC sues Elon Musk over late disclosure of Twitter stake

Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world’s richest...

Published 15 Jan, 2025 08:11am

Business & Finance

Japan likely to miss primary budget surplus target for FY2025, sources say

TOKYO: Japan is likely to miss achieving its goal of running a primary budget surplus by the next fiscal year,...

Published 15 Jan, 2025 08:08am

Business & Finance

Economists say Los Angeles fire to have limited national economic impact

Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the near...

Published 15 Jan, 2025 08:05am

BR Research

Breaking the thread: is EFS the reckoning spinning deserves?

The Export Facilitation Scheme (EFS) allows duty-free and tax-free import of inputs for export manufacturing....

Published 15 Jan, 2025 07:58am

Markets

Dollar rally pauses ahead of US inflation test

SINGAPORE: The dollar’s towering rally hit a speed bump on Wednesday as traders turned cautious ahead of a closely...

Published 15 Jan, 2025 07:58am

BR Research

Mixed signals

Consumers say they don’t intend to purchase motor vehicles in the next six months—well, most consumers, not all;...

Published 15 Jan, 2025 07:55am

Markets

Traders mark time ahead of US CPI, bank earnings

SYDNEY/NEW YORK: Global markets treaded water on Wednesday ahead of U.S. consumer price data that could potentially...

Published 15 Jan, 2025 07:55am

BR Research

Sitara Chemical Industries Limited

Sitara Chemical Industries Limited (PSX: SITC) was incorporated in Pakistan as a public limited company in 1981. The...

Published 15 Jan, 2025 07:49am

Markets

Oil gains capped by uncertainty over sanctions impact

Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian...

Updated 15 Jan, 2025 06:16pm

Technology

‘AI implementation plan’ discussed threadbare

ISLAMABAD: Ministry of Planning, Development, and Special Initiatives, Tuesday, held a meeting of the National AI...