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 has announced a public offer to acquire up to 35.147% shareholding in TRG Pakistan... Published 16 Jan, 2025 11:34am
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... Published 16 Jan, 2025 11:31am
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 India’s Bollywood star Saif Ali Khan stabbed at Mumbai home, media say MUMBAI: India’s Bollywood star Saif Ali Khan, 54, was in surgery on Thursday for six stab injuries received in a... Published 16 Jan, 2025 11:00am
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 Intra-day update: rupee registers marginal improvement against US dollar Currency hovers at 278-279 level in interbank market against the US dollar Published 16 Jan, 2025 10:49am
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 rises as US inventory decline heightens supply concerns SINGAPORE: Oil prices gained for a second session on Thursday, supported by worries over potential supply... Updated 16 Jan, 2025 01:40pm
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... Published 16 Jan, 2025 03:05am
World Moscow, Kyiv exchange 50 POWs KYIV: Russia and Ukraine have each released 25 captured prisoners of war in the first exchange of 2025, both... Published 16 Jan, 2025 03:05am
World Gaza rescuers say Israeli strikes kill 27 Palestinians GAZA STRIP: Gaza’s civil defence agency said on Wednesday that Israeli strikes killed at least 27 people, as the... Published 16 Jan, 2025 03:05am
World India’s defence minister cites power rivalry in Indian Ocean region NEW DELHI: International power rivalry is playing out in the Indian Ocean region, India’s Defence Minister Rajnath... Published 16 Jan, 2025 03:05am
World Xi hails ‘historical opportunity’ for China-Sri Lanka ties BEIJING: Chinese leader Xi Jinping said relations between China and Sri Lanka faced a “historical opportunity” ... Published 16 Jan, 2025 03:05am
World Fire-hit LA faces new peril as dangerous gusts forecast LOS ANGELES: Powerful winds forecast for Wednesday threatened to whip up massive fires still burning around Los... Published 16 Jan, 2025 03:05am
World Bangladesh’s Yunus demands return of stolen billions DHAKA: Bangladesh’s interim leader Muhammad Yunus on Wednesday demanded the return of stolen assets, decrying the... Published 16 Jan, 2025 03:05am
Pakistan Sindh students in Kyrgyzstan: Understanding on coordination mechanism reached KARACHI An understanding has been reached to establish a coordination mechanism to facilitate students from Sindh in... Published 16 Jan, 2025 03:05am
World South Korean President Yoon arrested over failed martial law bid SEOUL: Impeached South Korean leader Yoon Suk Yeol was arrested on Wednesday over his failed martial law bid, ending... Published 16 Jan, 2025 03:05am
Pakistan The Weather KARACHI: The weather report on Wednesday (January 15, 2025) and the forecast for Thursday (January 16, 2025)... Published 16 Jan, 2025 03:04am
Pakistan Maryam says students securing 65pc and above marks to get laptops LAHORE: Chief Minister Punjab Maryam Nawaz Sharif directed the authorities concerned to increase number of Honahar... Published 16 Jan, 2025 03:04am
Pakistan ATC disposes of bail plea of Hajra Niazi LAHORE: The Anti-Terrorism Court on Wednesday disposed of a bail application of Hajra Niazi sister of Hassan Niazi... Published 16 Jan, 2025 03:04am
Pakistan Gohar expresses cautious optimism over prospects of govt-PTI talks ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) negotiation committee will submit its demands in writing to the... Published 16 Jan, 2025 03:04am
Pakistan Why accused in APS attack case were not tried under Army Act, asks SC ISLAMABAD: The Constitutional Bench questioned why those persons who had launched attack on Army Public School (APS)... Published 16 Jan, 2025 03:04am
Pakistan Govt entities: Tarar underscores need for rightsizing ISLAMABAD: Law Minister Azam Tarar has said that rightsizing in the government entities is the need of the hour, as,... Published 16 Jan, 2025 03:04am
Pakistan PTI wants no delay in new CEC’s appointment ISLAMABAD: As the stage is set for the retirement of Chief Election Commissioner (CEC) Sikander Sultan Raja, the... Published 16 Jan, 2025 03:04am
Pakistan Murad, Dar discuss Sindh uplift projects ISLAMABAD: Sindh Chief Minister Syed Murad Ali Shah called on the Deputy Prime Minister/ Foreign Minister Senator... Published 16 Jan, 2025 03:04am
Pakistan Punjab PA: PPP seeks enhanced powers of ministers, parliamentary secretaries LAHORE: The Punjab Assembly witnessed another day of opposition’s protests Wednesday as the session commenced with... Published 16 Jan, 2025 03:04am
Pakistan Punjab cabinet approves agenda for forest department LAHORE: The Punjab Cabinet on Wednesday approved a four-point agenda for the Forest Department, which included... Published 16 Jan, 2025 03:04am
Pakistan JI chief criticises ruling elite LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem ur Rehman has criticized the ruling elite, calling them a visionless... Published 16 Jan, 2025 03:04am
Pakistan Massive financial irregularities exposed in KPK: Azma LAHORE: Punjab Information Minister Azma Bokhari has said that large-scale financial embezzlement and ghost ... Published 16 Jan, 2025 03:04am
Pakistan 23 terrorists of banned outfits held across Punjab LAHORE: The Counter-Terrorism Department (CTD) Punjab foiled a major terrorist plan by arresting 23 terrorists... Published 16 Jan, 2025 03:04am
Pakistan NAB enables recovery of Rs510.12m from illegal housing society LAHORE: The National Accountability Bureau (NAB) Lahore has successfully enabled the recovery and disbursement of Rs... Published 16 Jan, 2025 03:04am
Pakistan Govt to promote movies, dramas, says Sharjeel KARACHI: The Sindh government has resolved to intensify efforts to promote movies, dramas, and documentaries while... Published 16 Jan, 2025 03:04am
Pakistan Meeting of newly-appointed Sindh govt spokespersons held KARACHI: A key meeting of the newly appointed spokespersons of the Sindh government was held here under the... Published 16 Jan, 2025 03:04am
Pakistan Nutrition’s COI report: Birth of low-weight, premature babies creating hidden crisis KARACHI: The birth of low-weight and premature babies is creating a hidden but significant health crisis in ... Published 16 Jan, 2025 03:04am
Pakistan Third round of govt-PTI talks to begin today ISLAMABAD: The stage is set for tempering down expectations of an imminent outcome of the negotiations between the... Published 16 Jan, 2025 03:04am
Pakistan Pakistan was never a formal ally of US: White House WASHINGTON: The United States has declared that Pakistan has played a pivotal role in the US counterterrorism ... Published 16 Jan, 2025 03:04am
Pakistan Baseless assertions: FO, ISPR assail India’s minister, army chief ISLAMABAD: Taking strong exception, Pakistan’s Foreign Office and the military have strongly reacted to the Indian... Published 16 Jan, 2025 03:04am
Print PD orders NPGCL to remove CEO ISLAMABAD: The Power Division has directed the Board of Northern Power Generation Company Limited (NPGCL) to... Updated 16 Jan, 2025 09:41am
Print Senate panel told: Exporters fail to avail CPFTA-II opportunities ISLAMABAD: Commercial Section Pakistan Embassy Beijing admitted that neither the opportunities arising from China... Updated 16 Jan, 2025 08:54am
Print Independent market being set up: Govt to stop purchasing power soon, NA told ISLAMABAD: Federal Minister for Power Awais Leghari informed the National Assembly on Wednesday that the government... Updated 16 Jan, 2025 09:40am
Print EV stations’ charging tariff cut to Rs39.70/unit ISLAMABAD: Federal Minister for Power Sardar Awais Ahmad Leghari stated on Wednesday that the government will soon... Updated 16 Jan, 2025 08:52am
Print Nepra issues daily penalty warning to KE, Discos ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Wednesday warned K-Electric and other Discos of... Updated 16 Jan, 2025 08:52am
Print Banks apprised of road map to export growth Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal urges banks to step forward and increase lending to the private and priority sectors Updated 16 Jan, 2025 09:43am
Print Budget formulation process: OICCI president meets finance minister ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with Yousaf Hussain,... Updated 16 Jan, 2025 09:39am
Print Economy’s growth model needs urgent overhaul: World Bank ISLAMABAD: Pakistan’s model of growth — dominated by (public) consumption, high levels of debt, low productivity and... Updated 16 Jan, 2025 08:50am
Print 5MFY25: LSM sector sees 1.25pc contraction YoY ISLAMABAD: The overall Large Scale Manufacturing (LSM) sector has shown a growth of -1.25 percent during the first... Updated 16 Jan, 2025 08:48am
Print Aurangzeb for innovative solutions to accelerate financial inclusion ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired the second meeting of the... Updated 16 Jan, 2025 08:54am
Print Afghan transit trade especially via Gwadar Port: Govt to swap bank guarantee for insurance bond ISLAMABAD: The government is set to replace the bank guarantee system with an insurance guarantee to facilitate... Updated 16 Jan, 2025 08:51am
Business & Finance Aurangzeb chairs PMIC meeting: Several key challenges to financial inclusion outlined ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting with the... Published 16 Jan, 2025 03:04am
Editorials Making power affordable EDITORIAL: Power Minister Awais Leghari’s recent detailed assessment of the state of the power sector and the... Published 16 Jan, 2025 03:04am