Latest News

All Markets Business & Finance World Pakistan Editorials

Pakistan

Federal cabinet approves Hajj Policy 2025, Pakistan’s quota to be 179,210

Under the policy, children below the age of 12 will be barred from traveling for Hajj

Published 05 Nov, 2024 03:31pm

Life & Style

Greenland eyes tourism takeoff with new airport runway

NUUK: A new runway at Greenland’s Nuuk airport that can accommodate international flights is expected to lift the...

Published 05 Nov, 2024 03:15pm

Markets

Gold price per tola decreases Rs500 in Pakistan

After increasing in the previous session, gold prices in Pakistan decreased on Tuesday in line with their decrease...

Published 05 Nov, 2024 03:07pm

Pakistan

NA session indefinitely adjourned after PTI’s protest

The National Assembly (NA) session was adjourned indefinitely on Tuesday following ruckus by the Pakistan...

Published 05 Nov, 2024 03:06pm

Markets

Ugandan shilling weaker as energy, manufacturing FX demand surges

KAMPALA: The Ugandan shilling weakened on Tuesday, undercut by a surge in demand for foreign currency from the...

Published 05 Nov, 2024 02:53pm

Markets

Russian oil and gas revenue jumps 57% m/m in October

MOSCOW: Proceeds from oil and gas sales for Russia’s federal budget in October jumped about 57% from September to...

Published 05 Nov, 2024 02:50pm

Markets

South African rand stable as markets gear up for US vote

JOHANNESBURG: South Africa’s rand was little changed in early trade on Tuesday as the world’s biggest economy headed...

Published 05 Nov, 2024 02:43pm

Sports

Rohit Sharma may quit tests if India fail in Australia, says Srikkanth

BENGALURU: India must start planning for Rohit Sharma’s successor if the team do not play well in their five-Test...

Published 05 Nov, 2024 02:41pm

Markets

Russian rouble slides to near one-year low to China’s yuan

MOSCOW: The rouble slid to a near one-year low against China’s yuan on Tuesday under pressure from reduced foreign...

Published 05 Nov, 2024 02:38pm

Markets

JGB yields edge lower as markets await outcome of US election

TOKYO: Japanese government bond yield edged down on Tuesday, tracking US Treasury yields lower in the previous...

Published 05 Nov, 2024 02:38pm

Markets

Kenyan shilling stable on FX surplus from month-end payments

NAIROBI: The Kenyan shilling was stable against the dollar on Tuesday, boosted by a surplus of dollars left over...

Published 05 Nov, 2024 02:37pm

Markets

Bangladesh issues another tender to buy 50,000 T rice

HAMBURG: Bangladesh’s state grains buyer has issued an international tender to purchase 50,000 metric tons of rice,...

Published 05 Nov, 2024 02:36pm

Markets

Euro zone yields inch up, US election keeps traders in check

LONDON: Euro zone bond yields edged up on Tuesday, kept in check by the US election which could drive significant...

Published 05 Nov, 2024 02:34pm

Markets

European shares slip at open with US elections in the spotlight

Europe’s STOXX 600 edged lower in early trading on Tuesday as some downbeat earnings, including from Danish firm...

Published 05 Nov, 2024 02:33pm

Markets

QatarEnergy offers some 2025 term gas-to-liquid diesel cargoes for sale, sources say

SINGAPORE: QatarEnergy has kickstarted some term negotiations for gas-to-liquid diesel cargoes loading next year via...

Published 05 Nov, 2024 02:32pm

Pakistan

Deputy PM Dar, Iranian FM Araghchi commit to enhance trade, investment

Both leaders discuss situation in Middle East and condemn Israeli aggression against Palestinians

Published 05 Nov, 2024 02:21pm

World

India’s top court overturns northern state’s ban on Islamic schools

NEW DELHI: India’s Supreme Court set aside on Tuesday an order that banned Islamic schools in the country’s most...

Published 05 Nov, 2024 02:05pm

Markets

Major Gulf markets mixed ahead of US election

Major stock markets in the Gulf were mixed in early trade on Tuesday as investors took a cautious approach ahead of...

Published 05 Nov, 2024 01:55pm

World

Israeli airstrikes kill at least 30 Palestinians in Gaza, medics say

CAIRO: Israeli strikes across the Gaza Strip have killed at least 30 Palestinians since Monday night, Palestinian...

Published 05 Nov, 2024 01:53pm

Pakistan

Shooting in Karachi injures two Chinese nationals

KARACHI: Two Chinese nationals were shot at and injured on Tuesday in Pakistan’s commercial hub of Karachi, police...

Updated 05 Nov, 2024 03:01pm

World

Hundreds of UK police sacked for misconduct

LONDON: Nearly 600 police officers in England and Wales were sacked in the year to March 2024, figures showed...

Published 05 Nov, 2024 01:42pm

Markets

Saudi Aramco says quarterly profit drops 15% on low oil prices

RIYADH: Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing...

Published 05 Nov, 2024 01:37pm

World

Indonesian President Prabowo to visit China this week

BEIJING: Indonesian President Prabowo Subianto will visit China this week, Beijing and Jakarta said Tuesday, on his...

Published 05 Nov, 2024 01:35pm

Technology

Nintendo lowers sales forecast as first-half profits plunge

TOKYO: Nintendo downgraded its annual sales forecast on Tuesday as net profit plunged 60 percent year-on-year in the...

Published 05 Nov, 2024 01:33pm

Sports

Aleksandar Mitrovic hat-trick fires Al Hilal past Esteghlal, Neymar replaced early

RIYADH: Aleksandar Mitrovic scored three times on Monday as Saudi Arabia’s Al Hilal beat Iranian side Esteghlal in...

Published 05 Nov, 2024 01:30pm

Sports

Man City will ‘struggle’ to overcome injury crisis, says Guardiola

LISBON: Pep Guardiola believes Manchester City will struggle to overcome a mounting injury crisis but encouraged the...

Published 05 Nov, 2024 01:26pm

Sports

Fulham strike twice in stoppage time to beat Brentford

LONDON: Harry Wilson struck twice in stoppage time to give Fulham a dramatic 2-1 victory over west London rivals...

Published 05 Nov, 2024 01:24pm

Sports

Top-ranked Nelly Korda wins LPGA Player of Year award

MIAMI: World number one Nelly Korda has clinched her first LPGA Player of the Year honors, the LPGA confirmed on...

Published 05 Nov, 2024 01:21pm

Sports

With Mbappe gone, misfiring PSG are under pressure in Champions League

PARIS: Kylian Mbappe was always going to leave an enormous void when he left Paris Saint-Germain, and the French...

Published 05 Nov, 2024 01:17pm

World

Thai baby hippo Moo Deng ‘predicts’ US election win for Trump

BANGKOK: The polls put the US election on a knife-edge, but as Americans go to vote, Thailand’s superstar baby hippo...

Published 05 Nov, 2024 01:15pm

Sports

Uncertain Inter with questions to answer before Arsenal clash

MILAN: Inter Milan face a big week for their European and domestic ambitions with the visits of both Arsenal and...

Published 05 Nov, 2024 01:08pm

Markets

Buying momentum at PSX persists as SBP cuts interest rate by 250bps

Buying momentum persisted at the Pakistan Stock Exchange (PSX) with the benchmark KSE-100 Index gaining over 400...

Updated 05 Nov, 2024 01:33pm

Markets

South Korea stocks slip as investors turn cautious ahead of US election

KOSPI was down 15.11 points, or 0.58%, at 2,573.86

Published 05 Nov, 2024 12:55pm

World

India foreign minister says vandalism of Hindu temples deeply concerning

SYDNEY: India foreign minister Subrahmanyam Jaishankar said on Tuesday the vandalism of a Hindu temple in Canada on...

Published 05 Nov, 2024 12:40pm

Technology

Pakistan’s Neem secures $4mn credit facility from DNI Group

Neem, an embedded finance platform in Pakistan, has secured an additional $4 million credit facility from South...

Updated 05 Nov, 2024 02:59pm

Markets

Copper drifts up with all eyes on US election, China meeting

Copper prices edged higher on Tuesday, while traders awaited more stimulus cues from top consumer China as well as...

Published 05 Nov, 2024 12:30pm

Markets

Japan’s Nikkei rebounds from sharp losses, stocks with robust outlooks shine

TOKYO: Japan’s Nikkei share average rose on Tuesday, rebounding from a sharp decline on Friday – its most recent...

Published 05 Nov, 2024 12:27pm

World

US states worried about election unrest take security precautions

LAS VEGAS: A security fence rings a Las Vegas building where a Nevada county tabulates votes. An Arizona sheriff has...

Published 05 Nov, 2024 12:24pm

Business & Finance

Australia’s central bank keeps cash rate at 4.35%, as expected

SYDNEY: Australia’s central bank held interest rates steady on Tuesday as expected, reiterating policy would need to...

Published 05 Nov, 2024 12:11pm

World

Georgia poll worker threatened to bomb election workers, US prosecutors say

A Georgia poll worker was arrested on Monday on US charges that he sent a letter threatening to bomb election...

Published 05 Nov, 2024 12:05pm

World

Musk and X are epicenter of US election misinformation, experts say

WASHINGTON: False or misleading claims by billionaire Elon Musk about the US election have amassed 2 billion views...

Published 05 Nov, 2024 12:00pm

World

China warns young soldiers against online dating, gambling

BEIJING: In an unusual warning, China’s navy told young officers and personnel that they could get ensnared by...

Published 05 Nov, 2024 11:54am

Markets

Saudi non-oil business activity lifted by faster new order growth in October, PMI shows

The pace of growth in Saudi Arabia’s non-oil sector continued to accelerate in October, lifted by the fastest growth...

Published 05 Nov, 2024 11:47am

Markets

China’s yuan slips from 3-week high on US election uncertainty

SHANGHAI: China’s yuan slipped on Tuesday, retreating from a three-week high against the dollar hit a day earlier,...

Published 05 Nov, 2024 11:45am

Markets

China, Hong Kong stocks rise on signs of economic improvement; US election on tap

SHANGHAI: Mainland China and Hong Kong stocks climbed nearly 2% on Tuesday, underpinned by signs of local economic...

Published 05 Nov, 2024 11:42am

World

Ukraine trying to repel 2nd Russian drone attack on Kyiv overnight, mayor says

KYIV: Ukraine’s air defence units were trying to repel a second wave of overnight drone attacks by Russia on Kyiv,...

Published 05 Nov, 2024 11:38am

Markets

Egypt’s non-oil business activity contracts further in October, PMI shows

CAIRO: Activity in Egypt’s non-oil private sector continued to decline in October as strong cost pressures dampened...

Published 05 Nov, 2024 11:29am

Markets

Bangladesh’s RPGCL seeks 3 LNG cargoes for Dec delivery, document shows

SINGAPORE: Bangladesh’s Rupantarita Prakritik Gas Co Ltd (RPGCL) is seeking three liquefied natural gas (LNG)...

Published 05 Nov, 2024 11:24am

Markets

Farrukh Sabzwari appointed Pakistan Stock Exchange (PSX) CEO

Farrukh H. Sabzwari has been appointed Chief Executive Officer (CEO) of the Pakistan Stock Exchange Company Limited...

Updated 05 Nov, 2024 02:58pm

World

Kamala Harris closes campaign in Philadelphia, Trump in Michigan on eve of deadlocked election

PHILADELPHIA/GRAND RAPIDS: Donald Trump and Kamala Harris both predicted victory as they campaigned across...

Published 05 Nov, 2024 11:15am

World

More than 10,000 North Korean troops in Russia for Ukraine war, says South Korea

SEOUL: More than 10,000 North Korean troops have arrived in Russia to support its war against Ukraine, with a...

Published 05 Nov, 2024 11:01am

World

North Korea fires multiple short-range missiles, condemns military drills

SEOUL/TOKYO: North Korea fired at least seven short-range ballistic missiles on Tuesday off its east coast, Japan’s...

Published 05 Nov, 2024 10:56am

World

Toxic smog wreathes India’s capital as winter nears

NEW DELHI: A toxic smog shrouded the Indian capital on Tuesday, driving air quality in some areas into the “severe”...

Published 05 Nov, 2024 10:50am

Markets

Intra-day update: rupee largely stable against US dollar

Currency hovers at 277-278 level against US dollar in inter-bank market

Published 05 Nov, 2024 10:45am

Technology

World’s first wooden satellite, developed in Japan, heads to space

KYOTO: The world’s first wooden satellite, built by Japanese researchers, was launched into space on Tuesday, in an...

Published 05 Nov, 2024 10:33am

Life & Style

Podcaster Joe Rogan endorses Donald Trump for president

WASHINGTON: Popular podcaster Joe Rogan, who recently interviewed Republican presidential candidate Donald Trump for...

Published 05 Nov, 2024 10:30am

World

Boeing strike ends as workers accept new contract

SEATTLE: Boeing’s US West Coast factory workers accepted a new contract offer on Monday, their union said, bringing...

Published 05 Nov, 2024 10:24am

Markets

Gold flat ahead of US election and Fed meeting

Gold was little changed on Tuesday as investors refrained from taking big bets ahead of the US presidential...

Published 05 Nov, 2024 10:19am

Markets

Wheat inches higher as US crop gets off to poor start

CANBERRA: Chicago wheat futures inched higher on Tuesday after data showed that the US winter wheat crop was off to...

Published 05 Nov, 2024 10:15am

Markets

Palm falls on Dalian soyoil weakness, stronger ringgit

JAKARTA: Malaysian palm oil futures opened lower on Tuesday after four consecutive sessions of gains, weighed down...

Published 05 Nov, 2024 10:13am

Markets

Australian dollar unmoved as RBA stands pat, RBNZ sounds gloomy

SYDNEY: The Australian dollar barely blinked on Tuesday after the country’s central bank held interest rates steady...

Published 05 Nov, 2024 10:10am

Markets

Financials drag Australia shares lower; RBA rate decision looms

Australia shares declined on Tuesday, led by losses in heavyweight financials, as investors treaded cautiously ahead...

Published 05 Nov, 2024 10:07am

Business & Finance

Philippine annual inflation quickens to 2.3% in October

MANILA: The Philippine central bank said on Tuesday it will take a “measured approach” in its policy easing cycle as...

Published 05 Nov, 2024 10:02am

Markets

Thailand’s PTT seeks LNG cargo for Dec delivery

SINGAPORE: Thailand’s PTT is seeking a liquefied natural gas (LNG) cargo for delivery in December, two industry...

Published 05 Nov, 2024 10:00am

Markets

India bond yields seen flat with focus on US elections

MUMBAI: Indian government bond yields are expected to be largely unchanged on Tuesday, in line with their US peers...

Published 05 Nov, 2024 09:58am

Markets

Indian shares set to open higher amid US election uncertainty

Indian shares are set to open higher on Tuesday, after their worst session in a month a day earlier, while traders...

Published 05 Nov, 2024 09:56am

Markets

Stocks, dollar on tenterhooks with all eyes on US Election Day

SINGAPORE: Stock markets moved sideways and an uneasy calm settled over currencies and bonds as investors waited for...

Published 05 Nov, 2024 09:54am

Markets

Dollar droops on election day after ‘Trump trade’ unwind

TOKYO: The dollar started Tuesday on the defensive as traders squared positions on the day of the US presidential...

Published 05 Nov, 2024 09:37am

Markets

Oil trades in tight range ahead of US election result

LONDON: Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close US...

Updated 05 Nov, 2024 02:46pm

BR Research

Policy rate cut: caution beyond this point

Doves are in control at SBP. A 250 bps rate cut has been announced, slightly exceeding market expectations. Some...

Published 05 Nov, 2024 09:11am

BR Research

Petroleum sales rebound

In October 2024, Pakistan’s oil marketing companies (OMCs) saw a significant boost in petroleum sales, reaching 1.49...

Published 05 Nov, 2024 09:04am

BR Research

Gul Ahmed Textile Mills

Gul Ahmed group has been operating as a textile trader since the 1900s. However, the group commenced its...

Published 05 Nov, 2024 08:58am

World

Israeli strikes kill 12 people in Gaza

CAIRO: Israeli airstrikes killed at least 12 Palestinians in Gaza on Monday and residents said they feared new air...