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Business & Finance

US could cut interest rates 3 or 4 times this year: Fed official

WASHINGTON: The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with...

Published 16 Jan, 2025 09:47pm

Markets

US stocks near flat after mixed retail sales data

NEW YORK: Wall Street stocks were little changed early Thursday following a mixed US retail sales report, as...

Published 16 Jan, 2025 09:17pm

World

Visiting Qatar PM says to help Syria rehabilitate infrastructure

DAMASCUS: Qatar’s prime minister vowed Thursday to support the rehabilitation of Syria’s infrastructure, devastated...

Published 16 Jan, 2025 09:15pm

Sports

Huraira to debut for Pakistan in first Test against West Indies

Pakistan have announced their playing XI for the opening Test against the West Indies, with an exciting debut for...

Published 16 Jan, 2025 08:12pm

World

At least 44 Pakistani migrants feared dead in attempt to cross to Spain

Moroccan authorities rescue 36 people from boat that left Mauritania on January 2 with 86 migrants, including 66 Pakistanis, on board

Updated 16 Jan, 2025 09:43pm

Markets

SBP-held foreign exchange reserves increase $30mn, now stand at $11.72bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $30 million on a weekly basis,...

Published 16 Jan, 2025 07:47pm

World

Ukraine confirms attack on oil depot in western Russia

KYIV: Ukraine confirmed Thursday that its forces had struck an oil depot in western Russia, where officials had said...

Published 16 Jan, 2025 07:14pm

World

Kremlin rejects Polish claim it planned airline attacks

MOSCOW: The Kremlin on Thursday dismissed Warsaw’s accusations that Moscow had planned acts of “air terror” against...

Published 16 Jan, 2025 07:11pm

Perspectives

Biden’s tenure: the final nail in the coffin

One more time, US President-elect Donald Trump has seemingly triumphed where President Joe Biden failed – securing a...

Updated 16 Jan, 2025 08:10pm

Pakistan

PTI’s Barrister Gohar, Gandapur confirm meeting army chief in Peshawar

PTI chairman says there was a positive development from the 'other side'

Updated 16 Jan, 2025 07:00pm

World

Hamas denies Israel claim group backtracking on ceasefire

CAIRO: Two Hamas leaders rejected on Thursday Israeli allegations that the Palestinian group was backtracking on...

Published 16 Jan, 2025 06:02pm

World

EU announces 120 million euros in Gaza aid after ceasefire

BRUSSELS: The EU said Thursday it would deliver 120 million euros ($123 million) in new aid for war-torn Gaza, a day...

Published 16 Jan, 2025 05:57pm

Life & Style

Olympic push for kho kho, India’s ancient tag sport

NEW DELHI: The ancient game of kho kho is enjoying a resurgence in India, with organisers of the first international...

Published 16 Jan, 2025 05:48pm

Sports

Pakistan, West Indies seek to improve from Test Championship lows

MULTAN: Pakistan and West Indies vowed a strong finish when they meet in the first Test in Multan on Friday despite...

Published 16 Jan, 2025 05:38pm

Sports

‘Nervous’ teen star Fonseca out of Australian Open after thriller

MELBOURNE: Teenage rising star Joao Fonseca said nerves got the better of him after being bundled out of the...

Published 16 Jan, 2025 05:31pm

World

Russia hopes Gaza ceasefire can lead to ‘comprehensive’ settlement

MOSCOW: Russia on Thursday said it hoped a ceasefire in Gaza would lead to “long-term stabilisation” and create the...

Published 16 Jan, 2025 05:18pm

Sports

Sinner roars back in Melbourne as Swiatek sets up Raducanu clash

MELBOURNE: World number one and defending champion Jannik Sinner roared back to surge into the Australian Open third...

Published 16 Jan, 2025 05:16pm

World

Thousands refuse evacuation despite Indonesia’s volcano eruptions

TERNATE: Thousands of people declined on Thursday a government-led evacuation in eastern Indonesia where a volcano...

Published 16 Jan, 2025 05:14pm

Markets

Selling continues, KSE-100 sheds over 650 points

Selling pressure persisted at the Pakistan Stock Exchange (PSX), as the benchmark KSE-100 settled below the 114,000...

Published 16 Jan, 2025 04:52pm

Pakistan

22 militants killed in intelligence-based operations in Tirah valley: ISPR

Security forces have killed twenty-two militants and injured eighteen Khawrij in Intelligence-Based Operations...

Published 16 Jan, 2025 04:46pm

Life & Style

Brad Pitt isn’t messaging you, rep warns, after adoring fan scammed

LOS ANGELES, United States: A representative for Brad Pitt has warned fans to be wary of impersonation scams after a...

Published 16 Jan, 2025 04:43pm

Life & Style

Netflix cricket documentary ‘The Greatest Rivalry: India vs Pakistan’ to debut in February

Former cricketers Javed Miandad, Inzamam-ul-Haq set to make appearances

Published 16 Jan, 2025 03:32pm

Pakistan

PTI presents ‘Charter of Demands’ to govt: Ayaz Sadiq

Says talks heading in right direction

Updated 16 Jan, 2025 07:35pm

Markets

Russian rouble flat vs US dollar, China’s yuan

MOSCOW: The Russian rouble held steady against both the US dollar and the Chinese yuan on Thursday as increased...

Published 16 Jan, 2025 03:24pm

Markets

Gold price per tola jumps Rs1,400 in Pakistan

Gold prices in Pakistan increased further on Thursday in line with their rise in international rates. In the local...

Published 16 Jan, 2025 03:17pm

World

Israel accuses Hamas of ‘reneging’ on parts of Gaza deal

OCCUPIED JERUSALEM: Israel on Thursday accused Palestinian movement Hamas of backtracking on parts of the Gaza...

Published 16 Jan, 2025 02:38pm

World

Lufthansa Group to resume Tel Aviv flights on February 1

FRANKFURT: The Lufthansa airline group said Thursday it would restart flights next month to Tel Aviv, a day after a...

Published 16 Jan, 2025 02:35pm

Markets

Iron ore hits four-week high on lower shipments, softer dollar

BEIJING: Prices of iron ore futures climbed to a four-week high on Thursday, supported by reduced shipments from a...

Published 16 Jan, 2025 02:10pm

Markets

Luxury firms, chipmakers boost Europe’s STOXX 600 to five-week high

European shares jumped on Thursday, as heavyweight luxury stocks got a boost following Richemont’s upbeat earnings...

Published 16 Jan, 2025 02:08pm

Markets

Kenyan shilling holds ground against dollar

The shilling traded at 129.25/129.75 per dollar

Published 16 Jan, 2025 02:05pm

Markets

Most Gulf markets gain on hopes of Fed rate cut, Gaza ceasefire

Most stock markets in the Gulf rose in early trade on Thursday, as softer US core inflation data maintained the...

Published 16 Jan, 2025 02:03pm

World

China says welcomes Gaza ceasefire deal

BEIJING: China said Thursday that it welcomed a ceasefire agreement in Gaza between Israel and the Hamas group,...

Published 16 Jan, 2025 02:01pm

World

Iran’s supreme leader hails Palestinian ‘resistance’ after truce deal

TEHRAN: Iran supreme leader Ayatollah Ali Khamenei on Thursday hailed Palestinian “resistance” after a Gaza...

Published 16 Jan, 2025 01:46pm

Sports

Elena Rybakina knocks out American teen Jovic to head into Australian Open third round

MELBOURNE: Elena Rybakina sent another teenager packing from the Australian Open on Thursday after the sixth seed...

Published 16 Jan, 2025 12:58pm

Markets

China and Hong Kong stocks edge up in a broader Asian rally

HONG KONG: China and Hong Kong shares edged up on Thursday to join a broader rally in Asia, with sentiment buoyed by...

Published 16 Jan, 2025 12:54pm

Markets

China’s yuan hovers near 16-month low, hopes rise for cut in reserve ratio

HONG KONG: China’s yuan was largely flat against the dollar on Thursday and trading near a 16-month low, as...

Published 16 Jan, 2025 12:51pm

Markets

Palm falls on weak rival oil prices, export data

JAKARTA: Malaysian palm oil futures fell to the lowest in more than three months on Thursday, dragged down by...

Published 16 Jan, 2025 12:47pm

Business & Finance

Renault 2024 sales volumes grow 1.3%, helped by hybrids

PARIS: French automaker Renault said on Thursday that sales grew by 1.3% in 2024, with a strong fourth quarter...

Published 16 Jan, 2025 12:43pm

Sports

Iga Swiatek powers into third round at Australian Open

Iga Swiatek enhanced her status as the WTA’s bagel queen on Thursday at the Australian Open. The second-seeded...

Published 16 Jan, 2025 12:42pm

Markets

Corn hovers near 13-month high as drought grips Argentina

CANBERRA: Chicago corn futures eased on Thursday, but remained close to a 13-month high on the US government...

Published 16 Jan, 2025 12:38pm

Markets

Australian shares hit 1-week closing high, banks and tech stocks lead gains

Australian shares rose more than 1% on Thursday, led by banks and technology stocks, as solid US bank earnings and...

Published 16 Jan, 2025 12:37pm

Life & Style

TikTok, 5 other Chinese firms hit by EU privacy complaints

STOCKHOLM/BRUSSELS: TikTok, Shein, Xiaomi and three other Chinese companies were named in a privacy complaint filed...

Published 16 Jan, 2025 12:33pm

Markets

JGB yields slide on strong auction, plunge in US yields

TOKYO: Japanese government bond yields dropped on Thursday amid pressure from a steep slide in US Treasury yields...

Published 16 Jan, 2025 12:28pm

Markets

Race to renewables: Attock Cement commissions 4.8MW windmill project

As Pakistan’s corporate sector increasingly turns to renewable energy to meet its power needs, Attock Cement became...

Updated 16 Jan, 2025 12:48pm

Markets

Jordan tenders to buy up to 120,000 metric tons feed barley, traders say

HAMBURG: Jordan’s state grains buyer has issued an international tender to purchase up to 120,000 metric tons of...

Published 16 Jan, 2025 12:19pm

Technology

Blue Origin’s debut New Glenn rocket fully fueled for next launch attempt

CAPE CANAVERAL: Jeff Bezos’ Blue Origin loaded its New Glenn rocket with propellants on Thursday morning for its...

Published 16 Jan, 2025 12:16pm

Business & Finance

UK economy inches up by lower-than-expected 0.1% in November

LONDON: Britain’s economic output inched up by a lower-than-expected 0.1% in November compared with October, data...

Published 16 Jan, 2025 12:11pm

Markets

German Q4 2024 cocoa grind down 7.6% on year, BDSI says

HAMBURG: Germany’s fourth quarter 2024 cocoa grind fell 7.6% on the year to 90,066 metric tons, the German...

Published 16 Jan, 2025 12:10pm

Markets

South Korean shares pare early gains after central bank holds rate in surprise move

The benchmark KOSPI closed up 30.68 points, or 1.23%, at 2,527.49

Published 16 Jan, 2025 12:08pm

Markets

Qatar hikes March al-Shaheen oil term price to over 2-year high

SINGAPORE: QatarEnergy has raised the term price for al-Shaheen crude oil loading in March, trade sources said on...

Published 16 Jan, 2025 12:04pm

Sports

South Africa fast bowler Nortje ruled out of Champions Trophy

South Africa’s Anrich Nortje has been ruled out of the ICC Champions Trophy with a back injury, the latest in a long...

Published 16 Jan, 2025 12:00pm

Sports

India’s struggling batters return to domestic cricket looking for form

NEW DELHI: The Ranji Trophy has benefited from an unexpected sprinkling of stardust with several big-name India...

Published 16 Jan, 2025 11:56am

World

US issues fresh round of sanctions against Russia ahead of Trump return to White House

WASHINGTON: The United States on Wednesday imposed hundreds of sanctions targeting Russia, seeking to increase...

Published 16 Jan, 2025 11:50am

World

European nuclear projects need de-risking for investors, says IEA chief

PARIS: Private investors, major banks and tech companies are showing interest in the European nuclear industry, but...

Published 16 Jan, 2025 11:38am

Technology

TSMC’s Q4 profit rises 57% to a record, in line with forecast

TAIPEI: Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with...

Published 16 Jan, 2025 11:34am

Markets

Greentree Holdings offers to acquire 35% stake in TRG Pakistan for Rs14.4bn

Greentree Holdings Limited announced a public offer to acquire up to 35.147% shareholding in TRG Pakistan Limited,...

Updated 16 Jan, 2025 06:47pm

Business & Finance

Chinese buyers interested in unwanted German Volkswagen factories, source says

FRANKFURT/BERLIN: Chinese officials and automakers are eyeing German factories slated for closure and are...

Published 16 Jan, 2025 11:32am

Pakistan

Pakistan welcomes Gaza ceasefire agreement

Pakistan welcomed on Thursday the Gaza ceasefire deal and called for its immediate and full implementation. “It is...

Updated 16 Jan, 2025 04:53pm

Technology

Carmakers in India plan EV onslaught in 2025 despite slowing global demand

NEW DELHI: Automakers operating in India plan to launch close to a dozen new electric car models this year, many in...

Published 16 Jan, 2025 11:21am

Markets

Australian dollar steadies, gets limited lift from strong jobs data

SYDNEY: The Australian dollar got only a brief blip higher on Thursday after data showed a surprisingly strong jump...

Published 16 Jan, 2025 11:17am

World

Trump’s US Treasury pick Bessent says dollar must remain world’s reserve currency

WASHINGTON: Scott Bessent, US President-elect Donald Trump’s choice to head the Treasury Department, on Wednesday...

Published 16 Jan, 2025 11:14am

Markets

Gold prices hover near 1-month peak on renewed rate-cut hopes

Gold prices were stable on Thursday after hitting their highest levels in more than a month, as softer US core...

Published 16 Jan, 2025 11:08am

Markets

Indian shares open higher after US inflation relief

Indian shares opened higher on Thursday, tracking other Asian peers, after underlying US inflation softened in...

Published 16 Jan, 2025 11:06am

Markets

US bank earnings, cooling inflation boost Japan’s Nikkei, but firm yen caps gains

TOKYO: Japan’s Nikkei share average climbed on Thursday, tracking a rally on Wall Street amid robust US bank...

Published 16 Jan, 2025 11:04am

World

Bollywood star Saif Ali Khan out of danger after stabbing at Mumbai home

MUMBAI: Bollywood actor Saif Ali Khan was stabbed repeatedly by an intruder at his home in Mumbai on Thursday, but...

Updated 16 Jan, 2025 03:14pm

Markets

India bond yields set to ease, US inflation data reignites Fed rate cut bets

MUMBAI: Indian government bond yields are expected to ease on Thursday, tracking a fall in US Treasury yields, after...

Published 16 Jan, 2025 10:53am

Markets

Rupee records marginal decline against US dollar

Currency settles at 278.86 against the greenback in inter-bank market

Updated 16 Jan, 2025 09:31pm

Sports

Emma Raducanu relishing underdog status ahead of Swiatek clash

Former US Open champion Emma Raducanu is relishing a clash free of external pressure when she faces world number two...

Published 16 Jan, 2025 10:49am

Markets

Indonesian rupiah, Korean won decline after central banks’ surprise decisions

The Indonesian rupiah hit a more than six-month low on Thursday while the South Korean won snapped a three-day...

Published 16 Jan, 2025 10:43am

Business & Finance

Prime Minister’s Youth Programme: loan limit for SMEs raised to Rs1.5mn

Prime Minister Shehbaz Sharif on Thursday directed authorities to increase the loan amount under the Prime...

Published 16 Jan, 2025 10:42am

Markets

South Korea looking at buying more US oil and gas, energy minister says

SEOUL: South Korea is interested in importing more US oil and gas to diversify energy sources and ensure stable...

Published 16 Jan, 2025 10:41am

World

UK PM Starmer to travel to Ukraine to sign new treaty

British Prime Minister Keir Starmer will meet with President Volodymyr Zelenskiy in Ukraine to sign a new 100-year...

Published 16 Jan, 2025 10:39am

World

Hundreds of firefighters ‘just get up and go’ to aid Los Angeles

PASADENA: Members of the St. Helena Fire Department have battled devastating fires in Northern California. Last...

Published 16 Jan, 2025 09:01am

World

Detained South Korea’s Yoon will not attend questioning, lawyer says

SEOUL: South Korea’s arrested President Yoon Suk Yeol does not intend to take part in a second day of questioning on...

Published 16 Jan, 2025 08:55am

World

Despite ceasefire, 32 Palestinians killed in Israeli strikes

DOHA/CAIRO/OCCUPIED JERUSALEM: Israel intensified strikes on Gaza hours after a ceasefire and hostage release deal...

Updated 16 Jan, 2025 10:48am

World

US TikTok users scramble, despair as Bytedance waves the ‘white flag’

NEW YORK: Disappointment, denial and confusion flooded U.S. TikTok on Wednesday upon hearing the news that Chinese...

Published 16 Jan, 2025 08:38am

Business & Finance

ECB’s Centeno sees interest rates falling to about 2% as inflation under control

LISBON: The European Central Bank should continue to lower interest rates to about 2% as inflation in the euro zone...

Published 16 Jan, 2025 08:33am

Markets

Stocks rise with US rate cuts back in view; yen at one-month high

SINGAPORE/NEW YORK: Asian shares tracked Wall Street higher on Thursday and the dollar was soft as easing core U.S....

Published 16 Jan, 2025 08:28am

Business & Finance

Japan wholesale inflation steady near 4%, keeps alive BOJ rate-hike chance

TOKYO: Japan’s annual wholesale inflation held steady at 3.8% in December on stubbornly high food costs, data showed...

Published 16 Jan, 2025 08:24am

Markets

Indian rupee may not build on recovery despite renewed Fed rate-cut hopes

MUMBAI: The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite...

Published 16 Jan, 2025 08:21am

Business & Finance

US says Toyota unit to plead guilty, pay over $1.6bn to settle fraud scheme

WASHINGTON: A Toyota Motor Corp, unit agreed to plead guilty and pay over $1.6 billion in a settlement with U.S....

Published 16 Jan, 2025 08:18am

Technology

Apple Q4 iPhone shipments in China drop 25% as Huawei closes in, Canalys data shows

BEIJING: Apple’s, smartphone shipments in China plunged 25% in the fourth quarter of 2024, data from research firm...

Published 16 Jan, 2025 08:13am

Markets

US inflation relief dents dollar, yen gains ahead of BOJ

SINGAPORE: The dollar slipped on Thursday to stand just off recent peaks as cooling U.S. inflation data knocked down...

Published 16 Jan, 2025 08:10am

Business & Finance

Canada could slap tariffs on C$150 billion worth of US imports, source says

OTTAWA: Canada could impose countermeasures on up to C$150 billion worth of U.S. imports if President-elect Donald...

Published 16 Jan, 2025 08:04am

Markets

Oil falls as halt to Houthi shipping attacks expected

HOUSTON: Oil prices slipped on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red...

Updated 16 Jan, 2025 09:37pm

BR Research

FCA relief – a ray of light in Karachi’s power woes

There is some good news for Karachi’s power consumers. NEPRA has concluded its hearing on KE’s provisional FCA...

Published 16 Jan, 2025 07:37am

BR Research

Petroleum sales roundup

Pakistan’s Oil Marketing Companies (OMCs) recorded a 4 percent year-on-year growth in total volumes for the first...

Published 16 Jan, 2025 07:34am

BR Research

Macter International Limited

Macter International Limited (PSX: MACTER) was incorporated in Pakistan as a private limited company in 1992 and was...

Published 16 Jan, 2025 07:29am

World

Wars, extreme weather events top global risks: Davos study

BRUSSELS: Armed conflict is the biggest risk this year, a World Economic Forum survey warned on Wednesday, as...