Markets Asia rice: Rising supplies weigh on India prices, Vietnam sees lower demand Prices of parboiled rice exported from India fell this week as the rupee depreciated and supplies increased, while... Published 19 Dec, 2024 05:37pm
World Putin says fall of Assad not a ‘defeat’ for Russia MOSCOW: Russian President Vladimir Putin said Thursday that the fall of ex-Syrian leader Bashar al-Assad was not a... Published 19 Dec, 2024 05:33pm
Business & Finance BoE holds interest rate after inflation rise LONDON: The Bank of England on Thursday kept its key interest rate at 4.75 percent, deciding against a cut in line... Published 19 Dec, 2024 05:27pm
World Divers, helicopters hunt survivors of Mumbai boat accident that killed 13 MUMBAI: Helicopters and divers scoured the waters off India’s financial capital of Mumbai on Thursday in a search... Published 19 Dec, 2024 05:25pm
World Israel keeps up Gaza bombardment as ceasefire talks intensify CAIRO: US and Arab mediators are working round-the-clock to hammer out a ceasefire deal between Israel and Hamas,... Published 19 Dec, 2024 05:17pm
Markets Indian shares decline as Fed’s hawkish outlook spooks investors Indian shares fell on Thursday after the Federal Reserve forecast fewer interest rate cuts in 2025, souring risk... Published 19 Dec, 2024 05:04pm
Markets Sri Lanka shares end higher for 18th straight session CSE All-Share index settled 0.27% higher at 14,654.26 Published 19 Dec, 2024 05:02pm
Markets Copper hits 5-week low on selling sparked by dollar jump LONDON: Copper prices fell to five-week lows on Thursday as the dollar jumped to near two-year peaks after the U.S.... Published 19 Dec, 2024 04:59pm
Markets Palm falls for fifth session amid Indonesia, US biofuel policy uncertainty KUALA LUMPUR: Malaysian palm oil futures slipped on Thursday for a fifth straight session, weighed down by... Published 19 Dec, 2024 04:56pm
Pakistan D-8 summit: PM Shehbaz says youth key driver to economic development Prime Minister Shehbaz Sharif on Thursday said that a country’s youth plays a key role for its economic development.... Published 19 Dec, 2024 04:45pm
Pakistan No UAE visa issue, waiting for Islamabad to sign FTA: UAE consul general KARACHI: UAE Consul General in Karachi Dr Bakheet Ateeq Al Rumaithi announced on Thursday that talks for a free... Published 19 Dec, 2024 04:22pm
Sports India to play Champions Trophy on neutral ground, not Pakistan: ICC KARACHI: India will play next year’s Champions Trophy matches on neutral ground after refusing to visit tournament... Updated 19 Dec, 2024 04:46pm
Markets UK’s FTSE slides to 1-mo low as Fed dampens mood ahead of BoE UK’s main FTSE 100 stock index dropped 1% and revisited its near one-month low on Thursday, as the US Federal... Published 19 Dec, 2024 03:46pm
Markets Forint edges towards 2-year lows after Fed, crown weakens before central bank meeting BUDAPEST: Hungary’s forint led losses on Thursday in Central Europe, easing half a percent close to new 2-year lows... Published 19 Dec, 2024 03:44pm
World No winners in potential US-EU trade war except China, EU’s Kallas says BRUSSELS: There would be no winners in a potential trade war between the United States and the European Union except... Published 19 Dec, 2024 03:39pm
Markets Ugandan shilling stable on sluggish activity KAMPALA: The Ugandan shilling was flat on Thursday, with both dollar demand and supply being sluggish, traders said.... Published 19 Dec, 2024 03:36pm
Markets US 10-year yields hit fresh 6-1/2-month high after the Fed US 10-year Treasury yields rose to a fresh 6-1/2-month high on Thursday after the Federal Reserve flagged a slower... Published 19 Dec, 2024 03:35pm
Technology Sony buys 10% of ‘Elden Ring’ owner for $320mn TOKYO: Japanese electronics titan Sony said Thursday it had paid more than $300 million for a 10 percent stake in... Published 19 Dec, 2024 03:11pm
Markets Gold price per tola falls Rs2,600 in Pakistan After increasing in the previous session, gold prices in Pakistan declined on Thursday in line with their fall in... Updated 19 Dec, 2024 05:20pm
Sports Keshav Maharaj out of Pakistan ODIs, doubt for crucial Test series CAPE TOWN: First choice spinner Keshav Maharaj has been ruled out of the remaining two One-Day Internationals... Published 19 Dec, 2024 02:31pm
World France says bird flu-free after month without outbreaks PARIS: France has declared itself to be free of highly pathogenic avian influenza in the absence of new outbreaks... Published 19 Dec, 2024 02:30pm
Business & Finance Investors trim bets again on Bank of England rate cuts in 2025 LONDON: Investors reduced further their bets on how quickly the Bank of England will cut interest rates next year... Published 19 Dec, 2024 02:28pm
Markets Euro zone bond yields jump after Fed decision Euro zone bond yields jumped on Thursday, a day after the US Federal Reserve cut interest rates as expected but... Published 19 Dec, 2024 02:27pm
Business & Finance India antitrust body raids Pernod, AB InBev in liquor industry crackdown, sources say NEW DELHI: India’s antitrust body has raided some offices of alcohol giants Pernod Ricard and Anheuser-Busch InBev... Published 19 Dec, 2024 02:25pm
Markets JGB yields retreat as BOJ stands pat, Ueda strikes dovish tone TOKYO: Japanese government bond yields retreated from session peaks on Thursday after Bank of Japan Governor Kazuo... Published 19 Dec, 2024 02:22pm
World Labour shortages ease in Germany’s economy, survey shows BERLIN: Fewer German companies than in the previous year are struggling to fill vacancies due to labour shortages,... Published 19 Dec, 2024 02:21pm
Technology France fines Electrolux $46mn in 2009-2014 antitrust case STOCKHOLM: Electrolux said on Thursday it had been fined 44.5 million euros ($46.3 million) by the French... Published 19 Dec, 2024 02:17pm
Markets Pound rocked by tough-talking Fed ahead of BoE decision LONDON: Sterling inched higher on Thursday as it recovered some of its steep losses suffered late on Wednesday when... Published 19 Dec, 2024 02:15pm
Markets European stocks tumble after Fed’s hawkish signal European stocks tumbled on Thursday, on course for their biggest percentage drop in five weeks, as investors fled... Published 19 Dec, 2024 02:14pm
Markets Russian rouble firms against dollar ahead of Putin’s annual live event MOSCOW: The Russian rouble strengthened slightly against the US dollar on Thursday ahead of President Vladimir... Published 19 Dec, 2024 02:13pm
Markets Asian currencies, stocks slide as Fed signals slower rate cuts Emerging Asian stocks tumbled to multi-month lows on Thursday while currencies weakened against a strong dollar, as... Published 19 Dec, 2024 02:11pm
Markets Japan offers buys 77,220 tons of food wheat via tender TOKYO: Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 77,220 metric tons of... Published 19 Dec, 2024 02:09pm
Markets Kenyan shilling steady; remittance inflows meet demand NAIROBI: The Kenyan shilling was steady on Thursday, with inflows from remittances matching importer demand for... Published 19 Dec, 2024 02:08pm
World China calls Pentagon report on Chinese military corruption ‘irresponsible’ BEIJING: China’s foreign ministry urged the United States to stop issuing “irresponsible reports” after the Pentagon... Published 19 Dec, 2024 02:07pm
Markets Iron ore hits near 1-month low on China concerns, Fed outlook BEIJING: Iron ore futures prices fell on Thursday to their lowest in nearly a month, as concerns about demand... Published 19 Dec, 2024 02:04pm
Business & Finance Philippine central bank cuts policy rate by 25 bps, as expected MANILA: The Philippine central bank cut its key interest rate by 25 basis points (bps) to 5.75% on Thursday, its... Published 19 Dec, 2024 02:03pm
Markets Gazprom to send 42.4 mcm of gas to Europe via Ukraine on Thursday MOSCOW: Russian gas producer Gazprom said it would send 42.4 million cubic metres (mcm) of gas to Europe via Ukraine... Published 19 Dec, 2024 02:02pm
Markets South Korea’s NOFI tenders to buy up to 138,000 metric tons corn HAMBURG: Leading South Korean feedmaker Nonghyup Feed Inc (NOFI) has issued an international tender to purchase up... Published 19 Dec, 2024 02:01pm
World Malaysian court acquits wife of ex-PM Najib of money laundering and tax evasion KUALA LUMPUR: Malaysia’s High Court on Thursday acquitted Rosmah Mansor, the wife of jailed former Prime Minister... Published 19 Dec, 2024 01:59pm
World Dubai Roads and Transport Authority awards $5.6bn metro line project to consortium DUBAI: The Dubai Roads and Transport Authority (RTA) awarded on Thursday a 20.5 billion dirham ($5.6 billion)... Published 19 Dec, 2024 01:58pm
Sports Real Madrid outclass Pachuca to win Intercontinental Cup DOHA: Kylian Mbappe and Vinicius Junior both scored as Real Madrid cruised to a 3-0 victory over Mexican side... Published 19 Dec, 2024 01:27pm
Pakistan Fire engulfs building at Karachi’s M.A Jinnah road A fire erupted on Thursday in a building at Karachi’s M.A. Jinnah road. As per Rescue 1122, the fire erupted at a... Updated 19 Dec, 2024 03:39pm
Sports Fonseca stuns Fils on NextGen opening day JEDDAH: Brazilian teenager Joao Fonseca stunned top seed and 2023 runner-up Arthur Fils with a five-set victory in... Published 19 Dec, 2024 01:24pm
Life & Style Brazilian judge orders Adele song removed over plagiarism claim Learn more aboutRefinitiv My News FV Brazilian judge orders Adele song removed over plagiarism claim By Luciana... Published 19 Dec, 2024 01:21pm
Life & Style Kite-making picks up in India’s Gujarat as harvest festival nears AHMEDABAD, India: Huddled over piles of colourful paper, Mohammad Yunus is one among thousands of workers in India’s... Published 19 Dec, 2024 01:19pm
Sports PSG win thriller in Monaco but lose Donnarumma to facial injury PARIS: Paris Saint-Germain came from behind to extend their unbeaten start to the Ligue 1 season with a 4-2 win away... Published 19 Dec, 2024 01:18pm
Sports Gabriel Jesus ‘back at his best’ with Arsenal treble in League Cup LONDON: Mikel Arteta claimed Gabriel Jesus was “back at his best” after the Brazilian fired Arsenal into the League... Published 19 Dec, 2024 01:16pm
Sports Ange Postecoglou says football harder than being Prime Minister LONDON: Tottenham boss Ange Postecoglou believes the job of a Premier League manager is harder than being Prime... Published 19 Dec, 2024 01:13pm
World Vladimir Putin to hold yearly presser in third winter of Ukraine offensive MOSCOW: Russian President Vladimir Putin will hold his annual end-of-year press conference Thursday, almost three... Published 19 Dec, 2024 01:10pm
World 52 killed in two bus accidents in central Afghanistan AFGHANISTAN: Two bus accidents involving a fuel tanker and a truck on a highway through central Afghanistan killed... Published 19 Dec, 2024 01:07pm
World International rescuers join search for Vanuatu quake survivors PORT VILA: Overseas rescuers joined a hunt for survivors in the rubble of shattered buildings in earthquake-struck... Published 19 Dec, 2024 01:03pm
Business & Finance Sharp slowdown pushes New Zealand into recession WELLINGTON: New Zealand tipped into recession in the third quarter, official data showed Thursday, with the economy... Published 19 Dec, 2024 01:01pm
World Iran calls Israeli strikes on Yemen ‘flagrant violation’ TEHRAN: Iran condemned on Thursday as a “flagrant violation” Israeli strikes on ports and energy sites in Yemen,... Published 19 Dec, 2024 12:56pm
World Storm fears overshadow India coast decades after tsunami AKKARAIPETTAI: The deadly tsunami that swamped India’s southern coast two decades ago was a one-off disaster, but... Published 19 Dec, 2024 12:54pm
Business & Finance Taiwan’s Foxconn in talks with Renault over Nissan stake: report TAIPEI: Taiwan’s Foxconn is in talks with French auto giant Renault to buy its major stake in Japanese carmaker... Published 19 Dec, 2024 12:50pm
World Hanoi karaoke bar fire kills 11, arson suspected HANOI: A fire ripped through a karaoke bar in the Vietnamese capital, killing 11 people and injuring two others in a... Published 19 Dec, 2024 12:48pm
Sports Jasprit Bumrah: The India sling king who’s revelling in Australia NEW DELHI: With his “slingshot” delivery and ability to unsettle the world’s best batsmen, India’s Jasprit Bumrah is... Published 19 Dec, 2024 12:45pm
Markets Thai baht weaker vs US dollar at 0225 GMT BANGKOK: The Thai baht dropped in morning trade on Thursday as the dollar strengthened after the Federal Reserve... Published 19 Dec, 2024 12:09pm
Markets Sinopec forecasts China’s petroleum consumption will peak by 2027 BEIJING: China’s petroleum consumption is expected to peak by 2027 at no more than 800 million metric tons, the... Published 19 Dec, 2024 12:07pm
World Thirteen dead after naval vessel hits passenger boat off Mumbai MUMBAI: At least 13 people died when an Indian naval boat collided with a passenger ferry with more than 100... Published 19 Dec, 2024 12:04pm
Markets Indonesia central bank says rupiah fall due to impact of Fed outlook JAKARTA: Indonesia’s central bank said the rupiah’s sharp fall to fresh four-months on Thursday was due to the... Published 19 Dec, 2024 11:51am
World North Korean troops suffer 100 deaths, struggling in drone warfare, South Korea says SEOUL: At least 100 North Korean troops deployed to Russia have been killed with another 1,000 injured in combat... Published 19 Dec, 2024 11:49am
Business & Finance Volkswagen nears deal with unions to keep car plants open, Bloomberg says BERLIN: Volkswagen and labour unions are nearing an agreement to restructure the brand without closing factories in... Published 19 Dec, 2024 11:44am
Business & Finance BOJ keeps rates steady by 8-1 vote, board member Tamura dissents TOKYO: The Bank of Japan kept interest rates steady on Thursday, underscoring policymakers’ preference to spend more... Published 19 Dec, 2024 11:42am
Markets Palm falls further on weakness of rival edible oils KUALA LUMPUR: Malaysian palm oil futures fell on Thursday for a fifth straight session, weighed down by weakness in... Published 19 Dec, 2024 11:39am
World South Korea’s Yoon willing to present views himself in legal proceedings, lawyer says SEOUL: South Korea’s impeached President Yoon Suk Yeol is willing to present his views himself during legal... Published 19 Dec, 2024 11:36am
Markets Soybeans at 4-year lows amid supply glut, strong dollar CANBERRA: Chicago soybean futures on Thursday sat at their lowest since September 2020, pinned down by a strong... Published 19 Dec, 2024 11:32am
Markets Gold recovers from one-month low on short-covering Gold prices jumped more than 1% on Thursday on short-covering after dipping to the lowest in a month earlier in the... Published 19 Dec, 2024 11:29am
World Ukrainian drone attack starts fire at refinery in Russia’s Rostov region, governor says A night-time Ukrainian drone attack triggered a fire at the Novoshakhtinsk oil refinery in Rostov region in southern... Published 19 Dec, 2024 11:26am
Markets Australia, NZ dollars hit 2-year lows as Fed signals rate pause ahead SYDNEY: The Australian and New Zealand currencies hit two-year lows on Thursday after the Federal Reserve signalled... Published 19 Dec, 2024 11:22am
Markets Australian shares drop 2% as Fed signals fewer rate cuts in 2025 Australian shares plunged more than 2% on Thursday, led by commodity stocks and banks, as global investors reacted... Published 19 Dec, 2024 11:18am
Markets Japan’s Nikkei slides on Wall Street’s lead as BOJ decision looms TOKYO: Japan’s Nikkei share average slid 1.5% early on Thursday, taking cues from an overnight tumble on Wall... Published 19 Dec, 2024 11:16am
Markets Indian bond yields spike, mirroring Treasury yields, after hawkish Fed tone MUMBAI: Indian government bond yields rose sharply on Thursday, with the benchmark bond yield hovering around a key... Published 19 Dec, 2024 11:14am
Markets Indian rupee weakens past 85/USD as hawkish Fed outlook compounds bearish bias MUMBAI: The Indian rupee weakened past 85 to the US dollar for the first time on Thursday after a markedly hawkish... Published 19 Dec, 2024 11:12am
Markets Indian shares set to open lower after Fed sees fewer rate cuts in 2025 Indian shares are likely to drop at open on Thursday after the US Federal Reserve projected fewer interest rate cuts... Published 19 Dec, 2024 11:11am
Markets Bloodbath at PSX: KSE-100 plunges record 4,795 points amid correction Benchmark index under pressure as investors look to book profits Updated 19 Dec, 2024 05:51pm
Markets OGDCL begins oil & gas production from Hyderabad Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,... Updated 19 Dec, 2024 03:30pm
Markets Rupee records slight decline against US dollar Currency settles at 278.35 in inter-bank market Updated 19 Dec, 2024 05:56pm
Pakistan Pakistan, Indonesia agree to remain in close contact to maintain momentum in bilateral relations Prime Minister Shehbaz Sharif holds a meeting with President of Indonesia H.E Prabowo Subianto, Updated 19 Dec, 2024 11:40am
Pakistan Pakistan terms US sanctions on entities as unfortunate, biased FO says such double standards and discriminatory practices not only undermine the credibility of non-proliferation regimes but also endanger regional and international peace and security Updated 19 Dec, 2024 03:29pm
World Zelenskiy, NATO boss and European leaders discuss Ukraine security guarantees BRUSSELS: Ukrainian President Volodymyr Zelenskiy held talks with NATO Secretary General Mark Rutte and other... Published 19 Dec, 2024 08:54am
BR Research FDI in 5MFY25 According to the State Bank of Pakistan (SBP), total FDI inflows reached $1.12 billion during July-November FY25, a... Published 19 Dec, 2024 08:46am
BR Research Pakistan’s startups: Grit amid the grind The startup ecosystem of Pakistan has seen significant highs and lows over the last 5 years. Rising amid VC funding... Published 19 Dec, 2024 08:45am
World Israel hits port, energy sites in Yemen after missile intercepted OCCUPIED JERUSALEM: Israel said Thursday it struck ports and energy infrastructure used by Houthi rebels in Yemen... Updated 19 Dec, 2024 12:31pm
BR Research Fatima Fertilizer Company Limited Fatima Fertilizer Company Limited (PSX: FATIMA) was incorporated in Pakistan in 2003 as a result of the joint... Published 19 Dec, 2024 08:44am
Pakistan Building resilient and equitable societies: Speakers demand role of governance and inclusion LAHORE: Speakers at third annual Pathways to Development Conference held at LUMS demanded the role of governance and... Published 19 Dec, 2024 08:42am
Pakistan Regulation of single-use plastics: EPA Punjab starts online registration LAHORE: The Punjab Environment Protection Agency has started the online registration of plastic product producers,... Published 19 Dec, 2024 08:40am
World Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal DHAKA: Bangladesh’s interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar... Published 19 Dec, 2024 08:39am
Pakistan People’s Bus Service routes being expanded: Sharjeel KARACHI: Sindh Senior Minister Sharjeel Inam Memon has announced that the routes of the People’s Bus Service are... Published 19 Dec, 2024 08:39am
Pakistan Seminary registration bill: Wifaq-ul-Madaris decides to launch awareness drive ISLAMABAD: The leadership of Wifaq-ul-Madaris Al-Arabia Pakistan has decided to start a countrywide campaign to... Published 19 Dec, 2024 08:38am
Pakistan ‘Right to self-determination’: UNGA adopts Pakistan-sponsored resolution ISLAMABAD: The United Nations General Assembly (UNGA) has adopted the Pakistan-sponsored flagship resolution on the... Updated 19 Dec, 2024 08:55am
Pakistan Growing challenge of burgeoning population growth highlighted ISLAMABAD: To reduce the rapid population growth and bring it to a sustainable level, implementation of the National... Published 19 Dec, 2024 08:31am
Pakistan Five more PTI workers: ATC disposes of pre-arrest bail pleas LAHORE: An anti-terrorism court on Wednesday disposed of pre-arrest bail petitions of five more PTI workers after a... Published 19 Dec, 2024 08:30am
Pakistan CDA reviews arrangements for Christmas ISLAMABAD: In preparation for the upcoming Christmas celebrations, a meeting was held at the Capital Development... Published 19 Dec, 2024 08:29am
Business & Finance Chinese Investment Desk established at RUDA LAHORE: The China Investment Desk has been established at Ravi Urban Development Authority (RUDA) to facilitate... Published 19 Dec, 2024 08:28am
World Amazon workers to strike at multiple US warehouses during busy holiday season Thousands of Amazon.com workers will walk off the job on Thursday at 6 a.m. ET, in the crucial final days of the... Published 19 Dec, 2024 08:27am
Markets 16.5m acres target surpassed: Punjab farmers bring 16.7m acres under wheat crop sowing LAHORE: Farmers in the province have brought 16.7 million acres of land under wheat sowing, surpassing the target of... Published 19 Dec, 2024 08:24am
Business & Finance Federal tax laws: Taxpayers’ rights fully protected: FTO LAHORE: Federal Tax Ombudsman Dr Asif Mahmood Jah said on Wednesday that taxpayers’ rights are fully protected... Published 19 Dec, 2024 08:23am
World Trump, not yet in office, already a figure in global economic policy WASHINGTON: The world’s economic reckoning with the incoming administration of U.S. President-elect Donald Trump... Published 19 Dec, 2024 08:23am
Pakistan PCB chief meets KSA’s sports deputy minister LAHORE: Chairman Pakistan Cricket Board (PCB) Mohsin Naqvi met Saudi Arabia’s Deputy Minister of Sports, Badr bin... Published 19 Dec, 2024 08:20am