Markets Asia fuel oil prices capped in early 2025 but supply risks loom SINGAPORE: Asia’s fuel oil premiums and refining margins will be capped by ample supply in early 2025, but cleaner... Published 18 Dec, 2024 12:57pm
Markets Indonesian rupiah, Thai baht weaken ahead of central bank bank rate decisions The Indonesian rupiah and the Thai baht weakened ahead of those countries’ central bank policy decisions on... Published 18 Dec, 2024 12:54pm
Sports Rory McIlroy, Scottie Scheffler win The Showdown over LIV duo The PGA Tour got the best of LIV Golf during a high-stakes duel in the desert as Rory McIlroy of Northern Ireland... Published 18 Dec, 2024 12:51pm
Markets Global coal consumption expected to hit record high in 2024, IEA says PARIS: Global coal consumption is expected to hit a record high this year and stay near that level until 2027 as... Published 18 Dec, 2024 12:43pm
Markets As bitcoin soars, luxury brands consider accepting crypto payments PARIS: Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further... Published 18 Dec, 2024 12:40pm
Business & Finance Fed expected to combine interest rate cut with hawkish 2025 outlook WASHINGTON: The Federal Reserve is expected to lower borrowing costs on Wednesday in what some observers are calling... Published 18 Dec, 2024 12:36pm
Pakistan PM Shehbaz leaves for Egypt for ‘Developing Eight’ countries summit Prime Minister Shehbaz Sharif embarked on a three-day official visit to Egypt on Wednesday to attend the Eleventh... Published 18 Dec, 2024 12:34pm
Markets OPEC+ wary of renewed US oil output rise under Trump, sources say LONDON: OPEC+ is wary of a renewed rise in US oil output when Donald Trump returns to the White House, delegates... Published 18 Dec, 2024 12:32pm
Business & Finance Bank of Korea flags downside risk to economic growth after martial law SEOUL: South Korea’s central bank governor said on Wednesday there was downside risk to its forecasts for economic... Published 18 Dec, 2024 12:28pm
Sports India’s spin spearhead Ashwin retires from international cricket India’s spin spearhead Ravichandran Ashwin announced his retirement from international cricket in all formats after... Published 18 Dec, 2024 12:24pm
Technology Elon Musk says Starlink inactive in India after second device seized NEW DELHI: Elon Musk said Starlink satellite internet is inactive in India, his first comments since authorities... Published 18 Dec, 2024 12:21pm
World China November youth jobless rate at 16.1%, statistics bureau says BEIJING: The jobless rate for 16-to-24-year-olds in China, excluding college students, fell to 16.1% in November... Published 18 Dec, 2024 12:18pm
Markets China’s soy oil futures hit three-month low on U.S demand worries BEIJING: China’s soybean oil futures fell to their lowest in three months on Wednesday after the US announced plans... Published 18 Dec, 2024 12:16pm
Markets Vietnam raises $32.6mn in govt bond auction, lowest volume this year HANOI: Vietnam’s State Treasury raised 829 billion ($32.6 million) in a government bond auction on Wednesday, the... Published 18 Dec, 2024 12:11pm
Markets Malaysia hopes palm oil industry can be compliant with EU law when grace period ends KUALA LUMPUR: Malaysia hopes its palm oil industry will be fully compliant with the European Union’s... Published 18 Dec, 2024 12:07pm
World South Korea to set roadmap in case Trump reopens North Korea nuclear talks SEOUL: South Korea’s foreign minister said on Wednesday he was devising a roadmap to prepare for US President-elect... Published 18 Dec, 2024 12:02pm
Markets Pakistan’s power generation increases in November as cost inches up Power generation in Pakistan clocked in at 8,032 GWh (11,156 MW) in November 2024, an increase of over 6% YoY... Updated 18 Dec, 2024 12:24pm
Markets Asian markets diverge ahead of Fed news, Nissan soars on merger reports HONG KONG: Asian markets swung Wednesday ahead of the Federal Reserve’s much-anticipated policy announcement, while... Published 18 Dec, 2024 11:44am
World Volodymyr Zelensky huddles with European leaders as Trump looms BRUSSELS: Ukrainian President Volodymyr Zelensky meets Wednesday with NATO chief Mark Rutte and key European leaders... Published 18 Dec, 2024 11:36am
World Xi to arrive in Macau for 25th anniversary of Chinese rule MACAU: Chinese President Xi Jinping will arrive in Macau on Wednesday afternoon for a three-day visit as the casino... Published 18 Dec, 2024 11:33am
Sports T20 series goes to Bangladesh with 27-run win over WIndies KINGSTOWN: Taskin Ahmed spearheaded a superb bowling effort as Bangladesh defended another modest total to claim a... Published 18 Dec, 2024 11:29am
Markets China, HK stocks rebound as report on Beijing’s new budget deficit plan lifts sentiment HONG KONG: China and Hong Kong stocks rebounded on the day from Tuesday’s decline, as a Reuters report on China... Published 18 Dec, 2024 11:21am
Markets Japan’s Nikkei falls as tech stocks drag; auto shares shine TOKYO: Japan’s Nikkei share average fell on Wednesday, as technology stocks tracked Wall Street’s weak finish... Published 18 Dec, 2024 11:19am
Markets Australia shares muted as healthcare gains offset energy, gold losses; Fed on tap Australian shares were rangebound on Wednesday, as gains in health stocks offset losses in energy and gold stocks,... Published 18 Dec, 2024 11:07am
Markets India bond yields seen flattish before Fed decision MUMBAI: Indian government bonds are expected to trade largely unchanged on Wednesday after the benchmark yield... Published 18 Dec, 2024 11:05am
Markets Indian shares set for tepid open as Fed policy decision looms Indian stocks are likely to open flat on Wednesday, as investors remained cautious ahead of the US Federal Reserve’s... Published 18 Dec, 2024 11:03am
Markets Intra-day update: rupee remains stable against US dollar Currency hovers at 278-279 level in inter-bank market Published 18 Dec, 2024 11:02am
Business & Finance China central bank bank asks financial institutions to closely monitor bond risks SHANGHAI: China’s central bank asked some financial institutions engaged in aggressive trading to closely monitor... Published 18 Dec, 2024 10:59am
Sports Third Australia-India Test ends in draw at rain-hit Gabba The third Test between Australia and India in Brisbane ended in a draw on Wednesday after play was abandoned due to... Published 18 Dec, 2024 10:56am
Markets Gold holds steady with focus on Fed’s policy decision, outlook Gold prices were little changed on Wednesday as the markets focused squarely on the Federal Reserve’s monetary... Published 18 Dec, 2024 10:53am
Markets Russian production downgrade steadies wheat after 4-day losing streak CANBERRA: Chicago wheat futures steadied on Wednesday following four consecutive daily losses, as concerns over... Published 18 Dec, 2024 10:51am
Markets Palm follows rival edible oils lower KUALA LUMPUR: Malaysian palm oil futures dropped on Wednesday for a fourth consecutive session, weighed down by... Published 18 Dec, 2024 10:47am
Markets Selling pressure returns, KSE-100 drops more than 2,000 points Selling pressure persisted at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index losing over 2,000... Updated 18 Dec, 2024 12:58pm
BR Research Comfortable in surplus The current account surplus streak continues for the fourth consecutive month in November, and the surplus in... Published 18 Dec, 2024 09:13am
Pakistan Justice Mansoor calls for issuing carbon bonds finance mechanism ISLAMABAD: Senior puisne judge of the Supreme Court of Pakistan, Justice Mansoor Ali Shah has called upon the... Published 18 Dec, 2024 09:09am
Pakistan People of Pakistan, Turkey have strong, enduring bonds: envoy ISLAMABAD: The bonds between the people of Pakistan and Turkey are strong and enduring, with both nations standing ... Published 18 Dec, 2024 09:07am
BR Research LSM: Stuck in the red “Key large-scale manufacturing sectors – such as textile, food, automobiles, POL and tobacco – were already... Published 18 Dec, 2024 09:06am
Pakistan Polio teams’ security beefed up LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has directed the police and administration to make foolproof... Published 18 Dec, 2024 09:05am
Pakistan CTD Punjab foils major terror plot; 16 militants held LAHORE: The Counter Terrorism Department (CTD) Punjab successfully thwarted a major terrorism plot, arresting 16... Published 18 Dec, 2024 09:03am
Pakistan Over 1100 surgeries performed under children’s heart surgeries programme LAHORE: Over 1100 innocent children have undergone successful surgeries under the ‘Chief Minister’s Children’s... Published 18 Dec, 2024 09:01am
BR Research National Foods Limited National Foods Limited (PSX: NATF) was incorporated in Pakistan as a private limited company in 1971 and was... Published 18 Dec, 2024 09:01am
Markets Dollar steady against peers as Fed rate cut looms TOKYO: The U.S. dollar held steady against the yen and other major rivals on Wednesday as investors waited to see... Published 18 Dec, 2024 09:00am
Pakistan Body posts proposed JCP (Appointment of Judges) Rules, 2024 on website ISLAMABAD: The Rules Committee on Tuesday posted the proposed Judicial Commission of Pakistan (Appointment of ... Published 18 Dec, 2024 09:00am
Pakistan CDA says construction cost of Islamabad Jail escalates to Rs7.4bn, reflecting 89.7pc increase ISLAMABAD: The construction cost of Islamabad Jail has escalated to Rs7.4 billion from Rs3.9 billion which reflects... Published 18 Dec, 2024 08:59am
Pakistan Fire safety: Over 70pc of buildings lack emergency exits in Karachi KARACHI: Karachi’s fire safety drew criticism as experts revealed over 70% of buildings lack emergency exits, with... Published 18 Dec, 2024 08:58am
Pakistan 84 visas issued to Indian Yatrees ISLAMABAD: Pakistan has issued 84 visas to a group of Indian Yatrees (pilgrims) for their visit to the sacred Shri... Published 18 Dec, 2024 08:56am
Pakistan SC cannot reappraise evidence and undo decision of case: CJP ISLAMABAD: Chief Justice Yahya Afridi stated that the Supreme Court in its advisory jurisdiction under Article 186 ... Published 18 Dec, 2024 08:54am
World Palestinian families sue State Department over US support for Israeli military WASHINGTON: Palestinian families sued the U.S. State Department on Tuesday over Washington’s support for Israel’s... Published 18 Dec, 2024 08:54am
Pakistan KP flood relief: Japan grants $9.91m aid ISLAMABAD: Pakistan and Japan signed $ 9.91 million grant-in-aid project aimed at improving the maternal and child... Published 18 Dec, 2024 08:53am
Pakistan Madrassa bill: MQM-P conditionally supports Fazl ISLAMABAD: A delegation led by senior leadership of the Muttahida Qaumi Movement-Pakistan (MQM-P), Tuesday, called ... Published 18 Dec, 2024 08:52am
Pakistan Kurram district: 29 children die due to lack of treatment, roads’ closure since Oct PESHAWAR: 29 children have died to lack of treatment and closure of roads in the sectarian volatile tribal Kurram... Published 18 Dec, 2024 08:50am
World Vanuatu earthquake death toll rises to 14 as rescuers search for survivors People remained trapped in a collapsed building in Vanuatu’s capital Port Vila on Wednesday a day after a 7.4... Updated 18 Dec, 2024 11:54am
Pakistan APPMA for cultural exchange among Pak physicians HYDERABAD: Association of Physicians of Pakistani Descent of North America (APPNA) is renowned for fostering... Published 18 Dec, 2024 08:44am
Business & Finance Chinese property developers look to bite bullet and revamp onshore debt in 2025 HONG KONG: Progress by Chinese property developer Sunac, towards a landmark restructuring deal for yuan bonds could... Published 18 Dec, 2024 08:40am
Pakistan Central control room set up to monitor Suthra Punjab LAHORE: The Punjab Local Government Department has set up a central control room in the provincial civil secretariat... Published 18 Dec, 2024 08:36am
Pakistan Control room with AI, drone cameras to supervise town planning: LDA LAHORE: Lahore Development Authority (LDA) Director General Tahir Farooq has said that the control room comprising... Published 18 Dec, 2024 08:36am
Pakistan Crackdown on timber smuggling continues LAHORE: The Forest Department Punjab has seized two Mazda trucks, one Toyota Hilux, and a Shehzore truck loaded with... Published 18 Dec, 2024 08:34am
World US FDA warns online vendors selling unapproved weight-loss drugs The U.S. Food and Drug Administration said on Tuesday it has sent warning letters to four companies for selling... Published 18 Dec, 2024 08:32am
Pakistan DRAP ‘registers’ another Made in Pakistan ventilator KARACHI: The Drug Regulatory Authority of Pakistan (DRAP) has registered’ another locally produced ventilator,... Published 18 Dec, 2024 08:31am
Business & Finance Japan’s exports rise faster than expected, helped by weaker yen TOKYO: Japan’s exports rose faster than expected in November, data showed on Wednesday, helped by a weaker yen and... Published 18 Dec, 2024 08:25am
Business & Finance Jul-Nov FY25: Textile group exports up 10.51pc to $7.607bn YoY ISLAMABAD: The country’s textile group exports increased by 10.51 percent in first five months (July-November) of... Published 18 Dec, 2024 08:22am
Markets Honda, Nissan move to closer tie-up as competition intensifies, source says TOKYO: Honda and Nissan,are moving towards a closer tie-up with talks of setting up a holding company, a source... Published 18 Dec, 2024 08:18am
Business & Finance PM satisfied with CA surplus ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday expressed satisfaction over the country’s attainment of a... Published 18 Dec, 2024 08:18am
Business & Finance Jul-Nov FDI soars 31pc to $1.124bn YoY KARACHI: Foreign Direct Investment (FDI) in Pakistan surpassed the $1 billion mark during the first five months of... Published 18 Dec, 2024 08:15am
Business & Finance Dubai unveils its comprehensive 2025 retail calendar DUBAI: Dubai Festivals and Retail Establishment (DFRE), part of the Dubai Department of Economy and Tourism (DET),... Published 18 Dec, 2024 08:10am
Markets Nov FCA: 63 paisas per unit negative adjustment sought ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought negative adjustment of paisa 63 per... Published 18 Dec, 2024 08:08am
World Syrian mass graves expose ‘machinery of death’ under Assad, top prosecutor says QUTAYFAH: An international war crimes prosecutor said on Tuesday that evidence emerging from mass grave sites in... Published 18 Dec, 2024 08:08am
Business & Finance Riali-II HPP: Security package papers up for ECC nod tomorrow ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, scheduled to meet on Thursday (Dec 19), is set... Published 18 Dec, 2024 08:08am
Sports Sammy appointed West Indies coach across all formats West Indies have appointed former captain Daren Sammy as coach across all three formats of the game, handing him... Published 18 Dec, 2024 07:55am
Markets Oil prices little changed ahead of Fed rate decision BEIJING: Oil prices traded in a narrow range early on Wednesday as investors remained cautious ahead of an expected... Published 18 Dec, 2024 07:46am
Editorials Polio resurgence EDITORIAL: Kicking off this year’s anti-polio drive on Sunday at special ceremony Prime Minister Shehbaz Sharif... Published 18 Dec, 2024 07:20am
Editorials MPS: further cut in key interest rate EDITORIAL: The Monetary Policy Committee (MPC) reduced the policy rate by 200 basis points to 13 percent during... Published 18 Dec, 2024 07:11am
Print Fazl urges govt to notify madrassa bill immediately ISLAMABAD: Jamiat Ulema-e-Islam (F) Chief Maulana Fazlur Rehman said that the Societies Registration (Amendment)... Updated 18 Dec, 2024 09:25am
Print Ogra recommends significant hike in gas prices ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended a significant hike in gas prices for both gas... Updated 18 Dec, 2024 08:56am
Pakistan The Weather KARACHI: The weather report on Tuesday (December 17, 2024) and the forecast for Wednesday (December 18, 2024)... Published 18 Dec, 2024 06:37am
World Russia launched ‘intensive offensive’ in Kursk with N Korean troops KYIV: Russia has used North Korean troops at the heart of an “intensive offensive” in its western Kursk region... Published 18 Dec, 2024 06:37am
World Russian military’s chemical weapons chief killed in Moscow blast MOSCOW: The head of the Russian army’s chemical weapons division was killed on Tuesday in a brazen attack in ... Published 18 Dec, 2024 06:37am
World Pope says escaped two attempts on his life in Iraq VATICAN CITY: Pope Francis escaped two attempts on his life during his historic trip to Iraq in March 2021, ... Published 18 Dec, 2024 06:37am
World Tackling climate, nature separately risks worsening crises: UN PARIS: Over consumption and unsustainable farming are fuelling overlapping crises in nature and the climate, putting... Published 18 Dec, 2024 06:37am
Pakistan PTI invited by govt for talks ISLAMABAD: After jailed ex-prime minister Imran Khan gave a green signal for talks with the government, the ruling... Published 18 Dec, 2024 06:37am
Pakistan ‘IK’s virtual attendance’: ECP seeks explanation from jail authorities ISLAMABAD: Failing to ensure virtual attendance of former Prime Minister Imran Khan in the contempt cases, the poll... Published 18 Dec, 2024 06:37am
Pakistan Dar arrives in Cairo to attend Council of FMs of D-8 ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar has arrived in Cairo to attend the... Updated 18 Dec, 2024 09:14am
Pakistan Govt relaxes winter dress code for school students KARACHI: The Sindh government announced a major relief for school students and their parents across the province,... Published 18 Dec, 2024 06:37am
Business & Finance Dubai-Riyadh 6th busiest international travel route as Asian business hubs dominate DUBAI: Asian business hubs dominated international flight traffic in 2024 with 7 of the top 10 international busiest... Published 18 Dec, 2024 06:37am
Pakistan Govt to implement int’l HR conventions: SACM Sodha KARACHI: Special Assistant to the Chief Minister for Human Rights, Rajvir Singh Sodha has reaffirmed the Sindh... Published 18 Dec, 2024 06:37am
Pakistan KP launches 5 more mobile food testing labs PESHAWAR: The provincial government of Khyber Pakhtunkhwa launched five more state-of-the-art mobile food testing... Published 18 Dec, 2024 06:37am
Pakistan LHC CJ Aalia Neelum announces construction of judicial tower in provincial metropolis LAHORE: The Lahore High Court Chief Justice Aalia Neelum on Tuesday announced construction of a judicial tower in ... Published 18 Dec, 2024 06:37am
Pakistan Defamation suit: LHC dismisses petition of Imran Khan to set aside trial court’s decision LAHORE: The Lahore High Court on Tuesday dismissed a petition of PTI former chairman Imran Khan praying to set aside... Published 18 Dec, 2024 06:37am
Pakistan New prices of wheat flour notified in Karachi KARACHI: The Karachi administration on Tuesday announced new prices of wheat flour (Atta) in the city, effective ... Published 18 Dec, 2024 06:37am
Pakistan Practice test held for Hiffz students KARACHI: Alkhidmat Foundation’s Education Department (Madaris) recently organized a large-scale practice test for... Published 18 Dec, 2024 06:37am
Business & Finance PTA resumes issuance of Class Licenses for Data Services ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has resumed the issuance of Class Licenses for Data... Published 18 Dec, 2024 06:37am
Pakistan SAU holds national conference on philosophy of Shah Abdul Latif Bhittai HYDERABAD: Sindh Agriculture University’s Umerkot Sub-Campus organized a national conference to explore the... Published 18 Dec, 2024 06:37am
Pakistan Sewage samples from eight districts test positive for poliovirus ISLAMABAD: The Regional Reference Laboratory for Polio Eradication at the National Institute of Health (NIH) has... Published 18 Dec, 2024 06:37am
Pakistan Reconstruction of roads and footpaths: SSGC pays all road cutting payments to local depts KARACHI: Sui Southern Gas Company (SSGC) is currently engaged in the rehabilitation of its aging gas distribution... Published 18 Dec, 2024 06:37am
Pakistan UAF organises two-day photography workshop FAISALABAD: It is essential to create an enabling environment to flourish creativity and imagination among the youth... Published 18 Dec, 2024 06:37am
Business & Finance Sri Lanka’s bondholders sign off on $12.55bn debt overhaul LONDON: Sri Lanka’s bondholders signed off on the government’s proposal to restructure its $12.55 billion of... Published 18 Dec, 2024 06:37am
Business & Finance PRAL’s restructuring plan submitted to ECC ISLAMABAD: The Federal Board of Revenue (FBR) is said to have submitted restructuring plan of PRAL (Pakistan Revenue... Published 18 Dec, 2024 06:37am
Business & Finance SECP issues circular on cybersecurity guidelines for ‘eZfile’ users ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Tuesday directed the management of ... Published 18 Dec, 2024 06:37am
Print Talks on ‘Digital Nation Bill’ inconclusive ISLAMABAD: The National Assembly Standing Committee on Information Technology and Telecommunication meeting’s... Updated 18 Dec, 2024 09:36am
Markets OGDC considers disconnecting CPPs next month ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has considered the disconnection of Captive Power Plants... Published 18 Dec, 2024 06:37am