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Markets

European stocks little changed as investors assess mixed earnings

European shares were flat on Thursday, hovering below a record high touched in the previous session, as a drop in...

Published 23 Jan, 2025 02:19pm

World

NATO chief Rutte says Europe will fund US weapons for Ukraine

DAVOS: NATO Secretary General Mark Rutte on Thursday called for the US to continue supplying Ukraine and said Europe...

Published 23 Jan, 2025 02:14pm

Markets

Major Gulf markets gain; eyes on Trump’s tariff plan

Major stock markets in the Gulf rose in early trading on Thursday, with investors continuing to keep a close eye on...

Published 23 Jan, 2025 02:12pm

Sports

Melbourne doubles feud as Kichenok accuses Mladenovic of ‘direct threat’

MELBOURNE: Ukraine’s Lyudmyla Kichenok accused France’s Kristina Mladenovic Thursday of making a “very direct...

Published 23 Jan, 2025 01:42pm

World

India says ‘open’ to return of undocumented immigrants in US

WASHINGTON: India is prepared to take back its citizens residing illegally in the United States, foreign minister...

Published 23 Jan, 2025 01:36pm

Pakistan

Pakistan’s inflation expected to fall below 3% in January

Declining inflation raise hopes of further cut in policy rate

Published 23 Jan, 2025 01:36pm

Life & Style

Fire-hit Hollywood awaits Oscar nominees, with ‘Emilia Perez’ in front

LOS ANGELES: This year’s Oscar nominations will be unveiled Thursday in an announcement delayed by the devastating...

Published 23 Jan, 2025 01:31pm

World

China lodges protest with Afghanistan over mine worker killing

BEIJING: China said Thursday it had lodged “solemn representations” with Afghanistan’s Taliban government over the...

Published 23 Jan, 2025 01:24pm

Sports

India management giving Abishek free rein to showcase his talent

NEW DELHI: India opener Abhishek Sharma said he has team management’s permission to bat with unbridled aggression...

Published 23 Jan, 2025 01:13pm

World

Putin growing concerned by Russia’s economy, as Trump pushes for Ukraine deal

MOSCOW: President Vladimir Putin has grown increasingly concerned about distortions in Russia’s wartime economy,...

Published 23 Jan, 2025 01:08pm

Sports

Real Madrid first club to generate 1 billion euros revenue in a season, Deloitte says

Real Madrid became the first soccer team to register one billion euros ($1.04 billion) in revenue in a single season...

Published 23 Jan, 2025 12:59pm

Markets

PPL increases gas production at Shahdad X-1

Pakistan Petroleum Limited (PPL) has successfully increased natural gas production at Shahdad X-1, a sweet gas well...

Updated 23 Jan, 2025 01:17pm

Sports

Timur Kapadze named new Uzbekistan coach after Katanec departure

Timur Kapadze has been named Uzbekistan national team coach following the departure of Srecko Katanec due to ill...

Published 23 Jan, 2025 12:38pm

World

Saudi Arabia plans $600 billion in new US investment, trade over four years

Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put $600...

Published 23 Jan, 2025 12:35pm

World

Donald Trump taps Sean Curran as next Secret Service director

WASHINGTON: US President Donald Trump said on Wednesday he has selected Sean Curran to serve as director of the US...

Published 23 Jan, 2025 12:30pm

Markets

Australia, NZ dollars climb on yen as BOJ decision looms

SYDNEY: The Australian and New Zealand dollars clung onto gains against the yen on Thursday as traders braced for an...

Published 23 Jan, 2025 12:23pm

Sports

Hot start paces Ludvig Aberg to lead at Farmers Insurance Open

Sweden’s Ludvig Aberg shot a 9-under-par 63 on the Torrey Pines North Course to take a two-shot lead after the...

Published 23 Jan, 2025 12:20pm

Markets

Thai baht/US dollar weaker on Thursday

Baht was 0.19% lower at 33.93 versus the dollar

Published 23 Jan, 2025 12:17pm

Markets

soybeans rises, but suspension on some Brazilian cargoes to China weighs

BEIJING: Chicago soybeans edged higher on Thursday, supported by concerns that unfavourable weather in South America...

Published 23 Jan, 2025 12:14pm

World

Donald Trump pardons two police officers convicted in murder of Black man in Washington

WASHINGTON: Republican US President Donald Trump on Wednesday pardoned two police officers in Washington who were...

Published 23 Jan, 2025 12:11pm

Markets

South Korean shares fall on weaker-than-expected GDP data

KOSPI was down 20.29 points, or 0.80%, at 2,526.77

Published 23 Jan, 2025 11:54am

Business & Finance

Mari Energies refutes fire reports at Daharki plant

Mari Energies Limited (MARI), formerly Mari Petroleum Company Limited, on Thursday, refuted social media reports of...

Published 23 Jan, 2025 11:51am

World

Aerial views show ash and rubble from Los Angeles fire zones

LOS ANGELES: From the air, the once-thriving Los Angeles neighborhoods wiped out by recent wildfires now appear as...

Published 23 Jan, 2025 11:51am

Technology

Taiwan’s HTC to sell part of XR unit to Google for $250mn

TAIPEI: Taiwan’s HTC said on Thursday it will sell part of its unit for extended reality (XR) headsets and glasses...

Published 23 Jan, 2025 11:47am

Markets

Iron ore rangebound amid China support for stocks and tariff concerns

SINGAPORE: Iron ore futures traded in a narrow range on Thursday, as investors weighed fresh initiatives by top...

Published 23 Jan, 2025 11:44am

Business & Finance

Thai December exports rise 8.7% y/y, above forecast

BANGKOK: Thailand’s customs-cleared exports rose 8.7% in December from a year earlier, the commerce ministry said on...

Published 23 Jan, 2025 11:41am

World

Marco Rubio discusses Middle East, Indo-Pacific with Indonesian foreign minister

JAKARTA: The new United States Secretary of State Marco Rubio spoke with Indonesian Foreign Minister Sugiono, the US...

Published 23 Jan, 2025 11:38am

World

US Senate committee to hold Jan. 29 hearing on Trump commerce nominee

WASHINGTON: The Senate Commerce Committee said on Wednesday it would hold a Jan. 29 hearing on President Donald...

Published 23 Jan, 2025 11:34am

Markets

China’s yuan slips on worries over Trump tariff plans, pre-holiday dollar demand

SHANGHAI: China’s yuan slipped against the dollar on Thursday, as investor concerns over US President Donald Trump’s...

Published 23 Jan, 2025 11:30am

Business & Finance

Qatar drafting new laws aimed at boosting foreign investment

DOHA: Qatar plans to introduce three new laws as part of a sweeping review of legislation designed to make the Gulf...

Published 23 Jan, 2025 11:27am

Business & Finance

Tesla to significantly raise prices of all cars in Canada, website shows

Tesla will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with...

Published 23 Jan, 2025 11:22am

Markets

Buying returns to PSX, KSE-100 gains nearly 700 points

After days of selling pressure, bullish momentum returned to the Pakistan Stock Exchange (PSX), with the benchmark...

Updated 23 Jan, 2025 01:06pm

Business & Finance

India’s Hindustan Unilever drops to 8-month low on margin concerns

Shares of Hindustan Unilever fell as much as 3.5% on Thursday to their lowest level since May after the Indian...

Published 23 Jan, 2025 11:02am

World

India watchdog faults probe of Foxconn hiring, orders new inquiry

NEW DELHI: India’s powerful human rights watchdog has admonished labor officials for failure to adequately...

Published 23 Jan, 2025 10:59am

Markets

Intra-day update: rupee strengthens against US dollar

Currency hovers at 278-279 level in inter-bank market

Updated 23 Jan, 2025 11:25am

Markets

China stocks climb on Beijing’s plan for insurers to buy mainland shares

HONG KONG: Chinese stocks rose on Thursday, supported by the financial sector after Beijing unveiled plans to...

Published 23 Jan, 2025 10:54am

Business & Finance

Singapore December core inflation at 1.8% y/y, lowest since November 2021

SINGAPORE: Singapore’s key consumer price gauge rose 1.8% in December from a year earlier, higher than economist...

Published 23 Jan, 2025 10:51am

Business & Finance

Hyundai Motor Q4 profit falls 17% as discounts weigh

SEOUL: South Korea’s Hyundai Motor reported on Thursday a 17% fall in fourth-quarter operating profit, declining...

Published 23 Jan, 2025 10:49am

Markets

Palm declines on weak rival oils

JAKARTA: Malaysian palm oil futures opened lower for a second straight session on Thursday, dragged down by weakness...

Published 23 Jan, 2025 10:46am

World

Magnitude 5.7 earthquake hits Mindanao, Philippines, GFZ says

A magnitude 5.7 earthquake struck Mindanao, Philippines, GFZ said on Thursday, just hours after an earthquake of...

Published 23 Jan, 2025 10:44am

Markets

Gold eases on dollar strength amid Trump policy concerns

Gold prices eased on Thursday from a near three-month peak, as the dollar gained, while investors awaited further...

Published 23 Jan, 2025 10:40am

Markets

Australian shares snap three-day rally as miners drag on Trump’s China tariff plans

Australian shares halted a three-day rally on Thursday, as uncertainties surrounding US President Donald Trump’s...

Published 23 Jan, 2025 10:38am

Markets

Japan’s Nikkei rides tech boost higher; BOJ in focus

TOKYO: Japan’s Nikkei share average rose on Thursday as SoftBank Group and other technology stocks tracked their US...

Published 23 Jan, 2025 10:36am

Markets

India bond yields stabilise; debt supply, federal budget in focus

MUMBAI: Indian government bond yields were flat on Thursday after the benchmark yield declined for three consecutive...

Published 23 Jan, 2025 10:33am

Markets

Relief for Indian rupee expected to be short-lived amid weak Asian peers

MUMBAI: The Indian rupee, after a small relief rally, is poised to decline on Thursday, tracking declines in Asian...

Published 23 Jan, 2025 10:31am

Markets

OGDCL boosts oil production at Kunnar Oil Field in Sindh

The Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company,...

Updated 23 Jan, 2025 10:41am

World

Ukrainian drones attack city near Zaporizhzhia nuclear plant, officials say

Russia-installed officials in Ukraine’s partly-occupied Zaporizhzhia region said Ukrainian drones on Wednesday...

Published 23 Jan, 2025 09:02am

World

South Korea investigators ask prosecutors to indict Yoon for insurrection, abuse of power

SEOUL: South Korea’s anti-corruption agency requested on Thursday that prosecutors indict President Yoon Suk Yeol...

Published 23 Jan, 2025 08:55am

World

New wildfire near Los Angeles explodes to 9,400 acres, forces evacuations

CASTAIC: A new wildfire that broke out north of Los Angeles on Wednesday rapidly spread to more than 9,400 acres (38...

Published 23 Jan, 2025 08:52am

Technology

Tata Motors looks to local battery play as EV competition rises

NEW DELHI: Tata Motors, India’s biggest electric car maker, is betting that locally manufactured EV batteries will...

Published 23 Jan, 2025 08:48am

BR Research

Lotte Chemical Pakistan Limited

Lotte Chemical Pakistan Limited (PSX: LOTCHEM) is a manufacturer and supplier of Purified Terephthalic Acid (PTA)....

Published 23 Jan, 2025 08:44am

Markets

India’s benchmark indexes set for flat start

India’s benchmark indexes are set to open unchanged on Thursday amid caution due to uncertainty over U.S. President...

Published 23 Jan, 2025 08:43am

Business & Finance

SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand

SEOUL: South Korea’s SK Hynix forecast sales of its high-end semiconductors used in generative artificial...

Published 23 Jan, 2025 08:40am

Business & Finance

Japan December export growth beats forecast amid tariff jitters

TOKYO: Japanese exports rose for a third successive month in December as a weak yen boosted the value of shipments,...

Published 23 Jan, 2025 08:35am

BR Research

Barrels and balances: Crude oil in 2024 and beyond

The global oil market in 2024 was characterized by a mix of volatility and resilience, with prices and demand...

Published 23 Jan, 2025 08:35am

BR Research

Honda’s maybe recovery

Honda Atlas Cars (PSX: HCAR) will soon be ending its marketing year for 2025 having just announced the financial...

Published 23 Jan, 2025 08:32am

Business & Finance

American firms in China fearful of US-China trade turmoil at 5-year high, survey shows

SHANGHAI: More than half of the American businesses in China, the highest level in five years, say they are...

Published 23 Jan, 2025 08:31am

Technology

Samsung unveils AI smartphones with Qualcomm chips, teases slimmer Galaxy phones

SEOUL/SAN FRANCISCO: Samsung Electronics on Wednesday unveiled its newest Galaxy S25 smartphones, powered by...

Published 23 Jan, 2025 08:28am

Technology

Microsoft’s LinkedIn sued for disclosing customer information to train AI models

Microsoft’s LinkedIn has been sued by Premium customers who said the business-focused social media platform...

Published 23 Jan, 2025 08:23am

Business & Finance

Morgan Stanley’s Michael Grimes in talks for role in Trump administration, WSJ reports

Michael Grimes, a technology banker with Morgan Stanley, is in talks to leave the bank for a position in U.S....

Published 23 Jan, 2025 08:20am

World

CNN and NBC News to lay off employees, CNBC reports

CNN, a unit of Warner Bros Discovery, plans to lay off hundreds of employees on Thursday, as it refocuses the...

Updated 23 Jan, 2025 08:57am

Technology

OpenAI, SoftBank each commit $19bn to Stargate AI data center, the Information reports

OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop...

Published 23 Jan, 2025 08:12am

Business & Finance

Electric vehicles: 44pc discounted tariff welcomed

KARACHI: Malik Khuda Bakhsh, Convener of the Energy Standing Committee of the Federation of Pakistan Chambers of...

Published 23 Jan, 2025 08:10am

Markets

Dollar treads water as Trump tariff clarity, central banks awaited

TOKYO: The dollar steadied against major peers on Thursday, continuing its near paralysis of the past two days...

Published 23 Jan, 2025 08:09am

Pakistan

GHQ attack case: ATC adjourns hearing till 25th

RAWALPINDI: The Anti-Terrorism Court (ATC) hearing the General Headquarters (GHQ) attack case on Wednesday fixed...

Published 23 Jan, 2025 08:09am

Business & Finance

Chinese investors interested in PIEDMC's industrial estates

LAHORE: Chief Minister Punjab's recent visit to China is having a fruitful impact. Chinese investors have shown...

Published 23 Jan, 2025 08:07am

Pakistan

Chinese Spring Festival celebrated

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives, on Wednesday, celebrated the Chinese ...

Published 23 Jan, 2025 08:06am

Markets

Oil prices extend losses on uncertainty over Trump tariff impact

SINGAPORE: Oil prices dipped in Asian trade on Thursday, extending losses amid uncertainty over how US President...

Updated 23 Jan, 2025 01:52pm

Markets

Asia shares helped by China uplift, Trump’s tariff plans hang in the air

SINGAPORE/NEW YORK: Asia shares rose on Thursday, helped by a jump in their Chinese counterparts on Beijing’s latest...

Published 23 Jan, 2025 08:02am

Sports

32nd National Shooting Championship: Navy clinches champions’ title

KARACHI: The closing ceremony of the 32nd National Shooting Championship was held at Pakistan Navy Shooting Range in...

Published 23 Jan, 2025 08:01am

Pakistan

Punjab Police, private body sign MoU

LAHORE: In order to highlight the historical and cultural significance of Punjab Police’s ancient buildings, a...

Published 23 Jan, 2025 08:01am

Pakistan

‘Dhi Rani Programme’ to assist 3,000 brides: minister

LAHORE: Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman has said that the ‘Punjab Dhi Rani Programme’...

Published 23 Jan, 2025 08:01am

Business & Finance

FBR seeks customs budget proposals for FY 2025-26

ISLAMABAD: The Federal Board of Revenue (FBR) has sought customs budget proposals for 2025-26 from field formations...

Published 23 Jan, 2025 08:00am

Business & Finance

Goods declaration processing: ‘Faceless assessment system reduces time’

KARACHI: Chief Collector Customs Appraisement, Jamil Nasir, announced that the newly implemented faceless assessment...

Published 23 Jan, 2025 07:57am

Business & Finance

Govt urged to take measures to revive construction & housing sector

KARACHI: Syed Mazhar Ali Nasir, Vice Chairman of the Southern Zone of United Business Group (UBG), has urged the...

Published 23 Jan, 2025 07:55am

Pakistan

Osama Satti murder case: IHC turns death sentences of two convicts into life imprisonment

ISLAMABAD: The Islamabad High Court (IHC) turned the death sentences of two convicts in Osama Satti murder case into...

Published 23 Jan, 2025 07:53am

Pakistan

Commission on enforced disappearance: Justice Faqir Khokhar appointed as new head

ISLAMABAD: The Supreme Court was informed that former Justice Faqir Muhammad Khokhar has been appointed as the new...

Published 23 Jan, 2025 07:52am

Pakistan

Justice Farooq refuses to hear Mehdi’s plea

LAHORE: Justice Farooq Haider of the Lahore High Court on Wednesday refused to hear petition of a PTI leader Mehdi...

Published 23 Jan, 2025 07:51am

Business & Finance

KATI proposes key steps for housing sector revival

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi has proposed key measures ...

Published 23 Jan, 2025 07:50am

Pakistan

190m mega corruption case: Minister reveals ‘irrefutable evidence’

ISLAMABAD: The Federal Minister for Information, Broadcasting, National Heritage, and Culture, Attaullah Tarar, on...

Published 23 Jan, 2025 07:46am

Business & Finance

Ogra launches state-of-the-art mobile app ‘Raahguzar’

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra), in collaboration with the Federal Board of Revenue (FBR) and...

Published 23 Jan, 2025 07:34am

Pakistan

PFA continues operation against food adulterers

LAHORE: The Punjab Food Authority (PFA) on Wednesday conducted an operation in Johar Town and Thokar Niaz Baig ...

Published 23 Jan, 2025 07:33am

Pakistan

Section 24 of Motor Vehicle Ordinance 1965: Punjab govt approves significant amendments

LAHORE: In a groundbreaking move to simplify the vehicle registration process, the government of Punjab has approved...

Published 23 Jan, 2025 07:30am

Pakistan

Punjab ushers in new era of development, peace: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that Punjab Chief Minister Maryam Nawaz is a role model ...

Published 23 Jan, 2025 07:25am

Pakistan

SI sent on judicial remand for sexually assaulting two beggars

ISLAMABAD: A local court on Wednesday sent a sub-inspector (SI) of the capital police, Sohaib Pasha, on judicial...

Published 23 Jan, 2025 07:24am

Pakistan

Three more passport offices made operational in Punjab

LAHORE: In order to provide relief to the masses and to reduce work burden, the government has opened three more...

Published 23 Jan, 2025 07:23am

Pakistan

The Weather

KARACHI: The weather report on Wednesday (January 22, 2025) and the forecast for Thursday (January 23, 2025)...