Markets KSE-100 closes week marginally negative The Pakistan Stock Exchange (PSX) ended another trading session on a flat note as the benchmark KSE-100 index... Published 05 Jul, 2024 06:12pm
Markets UAE bourses edge higher on US rate cut bets Stock markets in the United Arab Emirates edged higher on Friday as optimism about a U.S. interest rate cut... Published 05 Jul, 2024 06:10pm
Markets Sri Lankan shares end higher as energy, consumer staple stocks gain CSE All Share index settled up 0.17% at 11,947.43 Published 05 Jul, 2024 06:01pm
Sports Pakistan to host Bangladesh, England and West Indies Tests KARACHI: Pakistan on Friday announced Test matches against Bangladesh, England and the West Indies – as well as a... Published 05 Jul, 2024 05:47pm
Business & Finance Ukraine foreign currency reserves slip to $37.9bn, central bank says KYIV: Ukraine’s foreign currency reserves slipped to $37.9 billion at the start of July, the central bank said on... Published 05 Jul, 2024 05:38pm
Markets Asia gold: High gold prices dull activity in India and China Physical gold dealers in India offered discounts for the ninth consecutive week due to high prices, as they await a... Published 05 Jul, 2024 05:32pm
World Sri Lanka to save $3bn in debt write-offs post bond rework, president says COLOMBO: Sri Lanka will save $3 billion in debt write-offs from commercial creditors once a provisional deal to... Published 05 Jul, 2024 05:28pm
World Erdogan says Putin visit could help Turkiye-Syria ties ANKARA: Turkish President Tayyip Erdogan said a possible visit to Turkiye by Russia’s Vladimir Putin could pave the... Published 05 Jul, 2024 05:22pm
World Ukraine receives third Patriot air defence system from Germany, envoy says KYIV: Ukraine has taken receipt of its third German-supplied Patriot air defence system, Berlin’s ambassador to Kyiv... Published 05 Jul, 2024 05:19pm
World Modi to seek early discharge of Indians from Russian army in Moscow talks NEW DELHI: The early discharge sought by India of its nationals who were “misled” into serving in the Russian army... Published 05 Jul, 2024 05:13pm
Markets India’s forex reserves fall to $652 billion as of June 28 MUMBAI: India’s foreign exchange reserves fell by $1.7 billion last week to stand at $652 billion as of June 28,... Published 05 Jul, 2024 05:04pm
Markets India’s Nifty 50 posts record close, longest weekly rally of 2024 BENGALURU: India’s blue-chip Nifty 50 notched another record closing high on Friday, shrugging off a slide in HDFC... Published 05 Jul, 2024 04:59pm
Markets Copper hits three-week high on interest rate hopes LONDON: Copper prices in London hit their highest in more than three weeks on Friday, on course for the first weekly... Published 05 Jul, 2024 04:54pm
Markets Palm posts best week in five JAKARTA: Malaysian palm oil futures closed with their best week in five, even as prices fell on Friday as traders... Published 05 Jul, 2024 04:51pm
Life & Style Michelin Guide reveals 2024 Dubai list New Michelin-starred restaurants include Row on 45, Orfali Bros, Smoked Room Published 05 Jul, 2024 04:43pm
Markets Gold price per tola increases another Rs1,100 in Pakistan Gold prices in Pakistan registered gains for the third successive session on Friday in line with an increase in the... Published 05 Jul, 2024 04:22pm
Life & Style Real estate developer announces AED210mn mall in Dubai for 2026 A new mall is set to open its doors in 2026, announced Sobha Realty, a leading global luxury real estate developer,... Published 05 Jul, 2024 04:18pm
Technology Pakistan’s DealCart announces $3mn seed round led by international investors DealCart, a Pakistani social e-commerce startup, announced on Thursday that it has successfully raised $3 million in... Published 05 Jul, 2024 04:12pm
Pakistan At least three killed, several injured in Mardan bomb blast At least three people were killed and eight others injured on Friday in an explosion in Khyber Pakhtunkhwa’s (KPK)... Updated 05 Jul, 2024 04:34pm
Life & Style ‘Fashion power’: Zarny, the Myanmar refugee turned Tokyo designer TOKYO: Having fled Myanmar for Japan with his parents as a child, Shibuya Zarny began his fashion career as a model... Published 05 Jul, 2024 03:57pm
Business & Finance Transaction complete: UBL sells off stake in its UK subsidiary to Bestway Group United Bank Limited (UBL), one of the largest commercial banks in Pakistan, has successfully concluded the... Published 05 Jul, 2024 03:51pm
Markets Kenyan shilling flat as traders see protests cooling off NAIROBI: The Kenyan shilling was unchanged in quiet trade on Friday morning, as traders saw anti-government protests... Published 05 Jul, 2024 03:50pm
Markets India’s May tea output falls 30%, lowest level in over a decade MUMBAI: India’s tea production in May plunged more than 30% from a year earlier to 90.92 million kilograms (kg), its... Published 05 Jul, 2024 03:46pm
World UK PM Sunak to resign as prime minister and Conservative leader LONDON: Britain’s Rishi Sunak said he would meet King Charles to formally resign as prime minister on Friday and... Published 05 Jul, 2024 02:54pm
Pakistan Dr Gohar Ejaz urges govt to provide relief to salaried class Former caretaker minister for Commerce and Industries Dr Gohar Ejaz has urged the government to provide tax relief... Updated 05 Jul, 2024 04:45pm
Markets French soft wheat yield seen 11% below 10-year average PARIS: This year’s French soft wheat harvest is expected to show a yield 11% below the 10-year average, due to a... Published 05 Jul, 2024 02:34pm
Technology ‘Spaceship’ observatory allows Cyprus stargazers a peek at the final frontier AGRIDIA, Cyprus: A new space observatory in Cyprus looks like it just uncloaked itself on the set of a sci-fi movie... Published 05 Jul, 2024 02:18pm
World Ex-prime minister Liz Truss loses seat at UK election LONDON: Liz Truss, Britain’s shortest-serving prime minister, suffered further political ignominy Friday when she... Published 05 Jul, 2024 01:43pm
Markets Europe equities rise at open as Labour win UK election LONDON: Europe’s stock markets rose in opening deals on Friday as investors digested news that Labour, as expected,... Published 05 Jul, 2024 01:40pm
World Volodymyr Zelensky hails Starmer win, says UK, Ukraine are ‘reliable allies’ KYIV: Ukrainian President Volodymyr Zelensky on Friday congratulated Labour leader Keir Starmer on his party’s... Published 05 Jul, 2024 01:38pm
World Five killed in Israeli raid in West Bank: Palestinian health ministry JENIN: An Israeli military raid on Jenin in the occupied West Bank on Friday left five people dead, the Palestinian... Published 05 Jul, 2024 01:36pm
World Emmanuel Macron says France to ‘pursue cooperation’ with UK after Labour win PARIS: French President Emmanuel Macron congratulated Labour Party leader Keir Starmer on his election victory... Published 05 Jul, 2024 01:31pm
World Hezbollah, Hamas discuss latest developments in Gaza ceasefire talks, Hezbollah says BEIRUT: Lebanon’s Hezbollah leader Sayyed Hassan Nasrallah and top Hamas official Khalil Al-Hayya discussed the... Published 05 Jul, 2024 12:21pm
Markets British stocks, bond prices rise after Labour election win LONDON: British stock and government bond prices rose on Friday after the centre-left Labour Party surged to a... Published 05 Jul, 2024 12:18pm
Markets China’s yuan steady as PBOC hints about bond sales push up yields SHANGHAI: China’s yuan held steady on Friday against the US dollar as yields for Chinese government bonds rose... Published 05 Jul, 2024 12:15pm
Sports ‘Dude, don’t disrespect me,’ says Fritz to bitter Wimbledon rival LONDON: Taylor Fritz reignited his bitter feud with Arthur Rinderknech at Wimbledon on Thursday when he told the... Published 05 Jul, 2024 12:07pm
Sports Gareth Southgate under pressure to twist for Euros showdown with Swiss DÜSSELDORF: Saved by a dramatic late fightback to beat Slovakia, Gareth Southgate will take charge of England for... Published 05 Jul, 2024 11:54am
Sports Zimbabwe, India look to future in T20 series HARARE: Zimbabwe and India will be looking to the future when they start a five-match Twenty20 international series... Published 05 Jul, 2024 11:51am
Sports Germany face Spain, France take on Portugal in thrilling Euro 2024 quarters STUTTGART: Hosts Germany take on Spain in the first of two blockbuster quarter-final ties at Euro 2024 on Friday,... Published 05 Jul, 2024 11:47am
World India’s Modi heads to Moscow for first visit since Ukraine invasion MUMBAI: Indian Prime Minister Narendra Modi on Monday makes his first visit to Russia since the invasion of Ukraine,... Published 05 Jul, 2024 11:41am
World NATO summit to push for standardizing shells BRUSSELS: NATO is set to issue its first ever defence industrial pledge at its Washington summit on Wednesday,... Published 05 Jul, 2024 11:34am
World Child killed after Ukrainian attack on Russia’s Krasnodar region, governor says A six-year-old girl died in hospital after a drone attack on the town of Primorsko-Akhtarsk in Russia’s Krasnodar... Published 05 Jul, 2024 11:29am
Markets Farrukh H Khan resigns as Pakistan Stock Exchange CEO Farrukh H Khan has resigned from the position of Chief Executive Officer (CEO) of Pakistan Stock Exchange Limited... Updated 05 Jul, 2024 04:32pm
Markets Asia stocks notch records; pound calm after Labour landslide SINGAPORE: Asian share markets scaled new highs on Friday as investors sized up US rate cuts for September and the... Published 05 Jul, 2024 11:21am
World Nigel Farage wins seat in UK parliament CLACTON-ON-SEA: Nigel Farage, leader of the right-wing Reform UK party, won a seat in the British parliament for the... Published 05 Jul, 2024 11:17am
World Hurricane Beryl zeroes in on Mexico resorts, strengthens to Category 3 TULUM/CANCUN: Hurricane Beryl strengthened to a Category 3 storm on Thursday evening as it zeroed in on Mexico’s top... Published 05 Jul, 2024 11:13am
World Iranians vote in run-off presidential election amid widespread apathy DUBAI: Iranians will vote in a run-off presidential election on Friday amid voter apathy and heightened regional... Published 05 Jul, 2024 11:09am
Markets Palm oil tracks Dalian rivals lower but set for weekly gain JAKARTA: Malaysian palm oil futures tracked rival Dalian oils lower on Friday, but were on track for a second... Published 05 Jul, 2024 10:57am
Markets Rupee registers minor gain against US dollar Currency settles at 278.38 against the greenback in the inter-bank market Updated 05 Jul, 2024 04:44pm
Sports Argentina beat Ecuador on penalties to move into Copa America semis HOUSTON: Argentina beat Ecuador 4-2 on penalties to move into the semi-finals of the Copa America on Thursday after... Published 05 Jul, 2024 10:42am
World Scottish National Party’s poor UK election showing derails independence push LONDON: The Scottish National Party was set for its worst showing at a British parliamentary election since 2010,... Published 05 Jul, 2024 10:39am
Technology Bitcoin slides to four-month lows, ether sinks 8% SINGAPORE: Bitcoin sank to a four-month low on Friday and was on course for its worst weekly performance in a year,... Published 05 Jul, 2024 10:34am
World Senior UK Conservative Jacob Rees-Mogg fails to win seat in election LONDON: Former British Conservative minister Jacob Rees-Mogg failed to win the parliamentary seat of North East... Published 05 Jul, 2024 10:31am
World Keir Starmer pledges to stabilise UK as Labour win huge majority The centre-left Labour Party ends 14 years of often tumultuous Conservative government Updated 05 Jul, 2024 03:52pm
Markets Cyclical and consumer shares drag China stocks down SHANGHAI: China stocks fell on Friday, dragged by cyclical and consumer shares, while investors were watching moves... Published 05 Jul, 2024 10:03am
Markets Gold eyes second straight weekly rise; spotlight on US payrolls Gold prices edged up on Friday and were set for a second straight weekly gain, while traders awaited US employment... Published 05 Jul, 2024 09:59am
Markets Indian bond yields flat; debt auction, US jobs data on tap MUMBAI: Indian government bond yields were flat in the early session on Friday, with the benchmark yield hovering... Published 05 Jul, 2024 09:57am
Markets Indian rupee bias on upside amid dollar decline before key US jobs report MUMBAI: The Indian rupee is expected to do well on Friday in the wake of the dollar’s decline before a jobs report... Published 05 Jul, 2024 09:55am
Markets Australian shares retreat as commodity stocks drag Australian shares slipped on Friday after two straight sessions of gains, with commodity-related stocks and... Published 05 Jul, 2024 09:53am
Markets Japanese shares climb record peaks; market eyes US data TOKYO: Japan’s Nikkei share average and the broader Topix index both touched record highs on Friday, although they... Published 05 Jul, 2024 09:52am
Markets Indian shares open lower dragged by HDFC Bank BENGALURU: Indian shares opened lower on Friday, dragged by top private lender HDFC Bank, which reported a... Published 05 Jul, 2024 09:49am
Markets Dollar at three-week lows; pound takes UK election in stride SINGAPORE: The US dollar was hovering near three-week lows on Friday ahead of payrolls data that will likely... Published 05 Jul, 2024 09:48am
Business & Finance Philippine central bank says inflation to settle within target in 2024, 2025 MANILA: The Philippine central bank said on Friday that risks to inflation have shifted to the downside and it... Published 05 Jul, 2024 09:45am
Markets Oil prices on track for fourth straight week of gains Oil prices were little changed on Friday, trading near their highest since late April and on track for a fourth... Updated 05 Jul, 2024 02:31pm
BR Research FE-25 financing indicating imminent currency adjustment? The currency market looks confused. Over the past twelve months, export financing – both pre- and post-shipment –... Published 05 Jul, 2024 08:33am
BR Research Archroma Pakistan Limited Archroma Pakistan Limited (PSX: ARPL) is a limited liability company that was previously known as Sandoz (1963-1995)... Published 05 Jul, 2024 08:29am
Pakistan The Weather KARACHI: The weather report on Thursday (July 04, 2024) and the forecast for Friday (July 05, 2024)... Published 05 Jul, 2024 03:17am
World Xi and Putin set out ambitions for Eurasian security club ASTANA: China’s President Xi Jinping and Russia’s Vladimir Putin pressed their case on Thursday for closer... Published 05 Jul, 2024 03:17am
World India, China foreign ministers agree to work on border issues NEW DELHI/BEIJING: India’s Foreign Minister Subrahmanyam Jaishankar met his Chinese counterpart Wang Yi on ... Published 05 Jul, 2024 03:17am
World EU slaps Chinese electric cars with tariffs of up to 38pc BRUSSELS: The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric ... Published 05 Jul, 2024 03:17am
World 25 people drown in Sudan fleeing fighting PORT SUDAN: Around 25 people have drowned in Sudan’s southeast while trying to flee fighting between the Sudanese... Published 05 Jul, 2024 03:17am
World French far right insists election triumph possible despite pacts PARIS: The French far-right National Rally (RN) insisted Thursday that it could still win an absolute majority in... Published 05 Jul, 2024 03:17am
World Hurricane Beryl churns towards Mexico after hammering Jamaica KINGSTON, (Jamaica): Hurricane Beryl powered towards Mexico and the Cayman Islands early Thursday, threatening ... Published 05 Jul, 2024 03:17am
World Oslo Pride shooter handed maximum sentence OSLO: The gunman who killed two people at Oslo’s 2022 Pride festival was handed decades behind bars Thursday over... Published 05 Jul, 2024 03:17am
World Floods kill nine in India and BD, millions affected GUWAHATI, (India): Torrential rains and surging rivers across northeast India and neighbouring Bangladesh have ... Published 05 Jul, 2024 03:17am
World Ethiopia hoping for $10.5bn financial aid in coming years: PM ADDIS ABABA: Ethiopian Prime Minister Abiy Ahmed said on Thursday he was expecting about $10.5 billion in financial... Published 05 Jul, 2024 03:17am
Pakistan Shortage of petrol likely at some places ISLAMABAD: People may face a shortage of petrol in some places in the country following a countrywide strike on July... Published 05 Jul, 2024 03:17am
Pakistan PTI rejects power tariff hike ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday vehemently rejected the massive Rs 5.72 per unit increase in... Published 05 Jul, 2024 03:17am
Pakistan LDA seals four properties LAHORE: The Lahore Development Authority (LDA) has sealed four properties in New Muslim Town over non-payment of... Published 05 Jul, 2024 03:17am
Technology Mobile World Congress Shanghai 2024: Huawei highlights advancements in 5G-A technology, AI integration ISLAMABAD: Huawei made a significant impact at the Mobile World Congress (MWC) Shanghai 2024, highlighting its... Published 05 Jul, 2024 03:17am
Pakistan Minister defends cut in PSDP ISLAMABAD: Minister for Planning Ahsan Iqbal said that to implement the International Monetary Fund (IMF) plan, a ... Published 05 Jul, 2024 03:17am
Pakistan Majalis and processions: Punjab IG finalises security arrangements LAHORE: Inspector General of Police Punjab, Dr. Usman Anwar, has said that in view of the upcoming Muharram ul ... Published 05 Jul, 2024 03:17am
Pakistan Police given another chance to recover Gill’s brother LAHORE: The Lahore High Court on Thursday allowed another opportunity to police for the recovery of PTI leader... Published 05 Jul, 2024 03:17am
Pakistan PFA inspects 141 food points in Lahore LAHORE: The Punjab Food Authority (PFA) has inspected 141 eateries including fruit shops and fast food points to... Published 05 Jul, 2024 03:17am
Sports Naqvi says getting input from former cricketers to improve cricket in country LAHORE: Expressing his firm resolve to establish the cricketing affairs on sound footings, Pakistan Cricket Board... Published 05 Jul, 2024 03:17am
Pakistan Violators of peace: Lists sought from DCs LAHORE: The Punjab Home Department has sought lists from all districts for the banning and gagging of those who pose... Published 05 Jul, 2024 03:17am
Print Detection of tax fraud cases: PM directs FBR to expedite efforts ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to expedite efforts for... Updated 05 Jul, 2024 09:18am
Print Power minister promises tariff relief ISLAMABAD: Federal Minister for Energy Awais Leghari acknowledged on Thursday the current high electricity prices in... Updated 05 Jul, 2024 08:55am
World Labour tipped for historic win LONDON: Britain voted Thursday in a general election that polls predict will hand the opposition Labour party a... Published 05 Jul, 2024 03:17am
World Biden vows to stay ‘to the end’ WASHINGTON: US President Joe Biden vowed to stay in the 2024 presidential race during calls with campaign staff and... Published 05 Jul, 2024 03:17am
Pakistan SCO states urged to tackle terrorism issue: PM for international engagement with Afghan govt ASTANA: Prime Minister Shehbaz Sharif on Thursday reaffirming Pakistan’s commitment to SCO objectives of peace and... Published 05 Jul, 2024 03:17am
World Kenya president spoke to IMF chief after pulling tax hikes NAIROBI: Kenyan President William Ruto spoke by phone with International Monetary Fund chief Kristalina Georgieva in... Published 05 Jul, 2024 03:17am
Print Unregistered retailers: 2.5pc advance tax stirs up a hornet’s nest Thrusts entire FMCG sector into the role of withholding agents Updated 05 Jul, 2024 09:33am
Print Transition plan to wind up PWD: ED creates surplus pool of 7,000 employees ISLAMABAD: The Establishment Division has created a surplus pool of around 7000P Public Works Department (PWD)... Updated 05 Jul, 2024 09:18am
Print Tax exemption on POL products: FBR suffers massive revenue loss in 2022-23 ISLAMABAD: The Federal Board of Revenue (FBR) has suffered revenue loss of Rs 1.25 trillion during 2022-23 on... Updated 05 Jul, 2024 08:51am
Pakistan PTI demands IK’s release in light of UN working group’s report ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) demanded on Thursday to immediately and unconditionally release party... Published 05 Jul, 2024 03:17am
Pakistan Significant rainfall: NDMA issues advisory to depts ISLAMABAD: Following the Pakistan Meteorological Department’s (PMD’s) anticipation of significant rainfall in... Published 05 Jul, 2024 03:17am
Pakistan Nasir inspects solar systems installed at 2 hospitals KARACHI: Sindh Provincial Energy Minister Syed Nasir Hussain Shah visited Dow Medical Hospital (Ojha Campus) and... Published 05 Jul, 2024 03:17am
Pakistan Senate passes Elections (Amendment) Bill amid protest ISLAMABAD: Amidst strong protest by the opposition, the Senate, Thursday passed the Elections (Amendment) Bill 2024... Published 05 Jul, 2024 03:17am
Pakistan ETs in Punjab: SC suspends LHC’s judgment until next hearing ISLAMABAD: The Supreme Court (SC) until the next date of hearing suspended the Lahore High Court’s judgment and... Published 05 Jul, 2024 03:17am