Markets Asian shares fall, long-dated Treasuries set for worst week in a year SYDNEY: Asia shares fell on Friday as a strong dollar kept risk sentiment fragile, while longer-dated Treasury... Published 13 Dec, 2024 10:30am
Markets Corn heads for 4th straight weekly gain on falling US stockpiles CANBERRA: Chicago corn futures edged lower on Friday after disappointing US export data but were on track for a... Published 13 Dec, 2024 10:24am
Sports Ben Stokes wary of Ashes distractions as England aim for NZ sweep England captain Ben Stokes concedes that he has probably spoken too much about next year’s Ashes and is keen that... Published 13 Dec, 2024 10:20am
Markets Australia, NZ dollars under pressure as US yields climb SYDNEY: The Australian and New Zealand dollars were pinned near multi-month lows on Friday as rising Treasury yields... Published 13 Dec, 2024 10:17am
Markets ODGCL discovers hydrocarbon reserves in Khyber Pakhtunkhwa Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has... Published 13 Dec, 2024 10:17am
Markets Gold prices steady as focus turns to Fed’s policy decision Gold prices were steady on Friday as investors refrained from making big bets, with attention turning to the Federal... Published 13 Dec, 2024 10:15am
Sports ‘Special Ks’ to reunite for doubles at Australian Open Thanasi Kokkinakis and Nick Kyrgios will team up for doubles at next month’s Australian Open, and the entertaining... Published 13 Dec, 2024 10:12am
Markets India 10-year bond yield at 6.75%, traders eye debt sale MUMBAI: Indian government bond yields rose on Friday, hurt by elevated US yields and with the local benchmark bond... Published 13 Dec, 2024 10:08am
Markets Indian rupee weakness to persist on rally in dollar, US MUMBAI: The Indian rupee will have to contend with the higher run in the US dollar and yields at the open on Friday,... Published 13 Dec, 2024 10:06am
Markets Metals drag down Indian shares down at the open Indian shares opened lower on Friday, dragged down by metal stocks on a strong US dollar and lack of clarity around... Published 13 Dec, 2024 10:04am
Markets Palm tracks weakness in rival oils, set for a weekly loss JAKARTA: Malaysian palm oil futures opened low on Friday, tracking weakness in rival vegetable oils at Chicago and... Published 13 Dec, 2024 10:01am
Markets Copper eases on firm dollar, lack of clarity around China stimulus; set for weekly loss NEW DELHI: London copper prices nudged lower on Friday and were on track for weekly losses on the back of a stronger... Published 13 Dec, 2024 09:57am
Markets Japan’s Nikkei falters as traders lock in profit, assess US data TOKYO: Japan’s Nikkei share average fell on Friday, as investors locked in profit following a four-session climb... Published 13 Dec, 2024 09:54am
Markets Australian shares fall for fourth session as miners weigh Australian shares tracked Wall Street losses to drop on Friday, with mining stocks declining the most, a day after... Published 13 Dec, 2024 09:52am
Markets Dollar set for best week in a month on cut-then-wait Fed outlook TOKYO: The dollar rose to a 2 1/2-week high against major peers on Friday, on track for its best week in a month,... Published 13 Dec, 2024 09:48am
Markets Oil edges lower on 2025 supply surplus forecast, but set to notch weekly gain SINGAPORE: Oil prices inched lower on Friday as investors focused on a forecast of ample supply and shrugged off... Published 13 Dec, 2024 09:45am
BR Research Prosperity Weaving Mills Limited Prosperity Weaving Mills Limited (PSX: PRWM) was incorporated in Pakistan as a public limited company in 1991. The... Published 13 Dec, 2024 08:39am
Business & Finance ‘Majority of SMEs have no access to formal financing’ ISLAMABAD: Small and Medium Enterprises (SMEs) are playing a role of the backbone of the national economy,... Published 13 Dec, 2024 08:33am
Business & Finance Minister calls for structural and operational reforms in TDAP ISLAMABAD: The Federal Minister for Commerce, Jam Kamal Khan, presided over the 11th Board Meeting of the Trade... Published 13 Dec, 2024 08:30am
Pakistan Tarar arrives in Istanbul on three-day official visit ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar has arrived in Istanbul on a three-day... Published 13 Dec, 2024 08:30am
Business & Finance Pakistan’s LAAM Technologies raises $5.5mn seed funding KARACHI: Pakistan-based technology-driven fashion startup, LAAM Technologies has successfully raised $5.5 million in... Published 13 Dec, 2024 08:30am
Markets Significant cut in POL products’ prices likely ISLAMABAD: The federal government is considering a significant reduction in ex-depot prices for petroleum ... Published 13 Dec, 2024 08:28am
BR Research Unlocking Pakistan’s potential in medical technology Pakistan’s journey in precision engineering, particularly in the medical technology sector, reflects both immense... Published 13 Dec, 2024 08:27am
BR Research Monetary policy: Balancing rate cuts and inflation The monetary policy is due on Monday. The market rates (T-Bills and KIBOR) have already plummeted, making the... Published 13 Dec, 2024 08:24am
Editorials An unnecessary disputation EDITORIAL: The madressah’s registration bill has ended up triggering an unsavoury controversy between the ... Published 13 Dec, 2024 07:33am
Editorials Blaming IMF for inflation! EDITORIAL: In response to a query from a member of the Treasury benches, Tahira Aurangzeb, the Ministry of Finance... Published 13 Dec, 2024 07:27am
World Gaza rescuers say Israeli strikes kill 33 GAZA STRIP: Gaza’s civil defence agency reported that Israeli air strikes on Thursday killed at least 33 people,... Published 13 Dec, 2024 06:29am
World Syria govt pledges ‘rule of law’ after Assad’s overthrow DAMASCUS: Syria’s interim government vowed on Thursday to institute the “rule of law” after years of abuses... Published 13 Dec, 2024 06:29am
World Trump invites China’s Xi to inauguration, experts call it political theatre WASHINGTON: US President-elect Donald Trump has invited Chinese President Xi Jinping and other foreign leaders to ... Published 13 Dec, 2024 06:29am
World UK aims to boost home-schooling safety after Sara’s murder LONDON: British Prime Minister Keir Starmer on Thursday called for better safeguards for home-schooled children and... Published 13 Dec, 2024 06:29am
World Vatican officials, Abbas discuss Gaza’s ‘very serious’ needs VATICAN CITY: Pope Francis met Palestinian President Mahmoud Abbas at the Vatican on Thursday, their first... Published 13 Dec, 2024 06:29am
World Iran accepts tougher oversight at Fordow enrichment plant: IAEA JERUSALEM: Israel said Thursday it would “continue to act to defend itself” after France urged it to withdraw... Published 13 Dec, 2024 06:29am
Pakistan The Weather KARACHI: The weather report on Thursday (December 12, 2024) and the forecast for Friday (December 13, 2024)... Published 13 Dec, 2024 06:29am
Pakistan ‘D-Chowk debacle’ probe: PTI leader demands govt form fact-finding commission ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Parliamentary Leader in Senate, Barrister Ali Zafar has questioned the... Published 13 Dec, 2024 06:29am
Pakistan Govt comes under severe criticism in NA for absence of ministers ISLAMABAD: The government came under severe criticism in National Assembly on Thursday from both its ally Pakistan... Published 13 Dec, 2024 06:29am
Pakistan Pakistan condemns Israel’s occupation of Syrian territories ISLAMABAD: Pakistan has strongly condemned Israel’s occupation of Syrian territories, highlighting the destruction... Published 13 Dec, 2024 06:29am
Print Over 50 Chinese cos to invest $1.4bn in Sindh projects KARACHI: Over 50 Chinese companies are set to invest $1.4 billion in Sindh’s various sectors, including healthcare,... Updated 13 Dec, 2024 08:46am
Print $425m national transmission modernisation project: World Bank rates implementation as ‘moderately satisfactory’ ISLAMABAD: The World Bank has rated the implementation of “National Transmission Modernization Project” of $425... Updated 13 Dec, 2024 09:14am
Print KE FCA for October: Nepra to approve Rs0.27/unit negative adjustment ISLAMABAD: National Electric Power Regulatory Authority (Nepra) will approve negative adjustment of Rs 0.27 per unit... Updated 13 Dec, 2024 09:31am
Print Trial of civilians under the Army Act: CB’s Mandokhail raises concerns over legitimacy ISLAMABAD: Justice Jamal Khan Mandokhail questioned how a civilian, not in armed forces, can be tried by military... Updated 13 Dec, 2024 09:22am
Business & Finance Importance of Islamic finance, capital markets highlighted KARACHI: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said that Islamic finance and... Published 13 Dec, 2024 06:29am
Print Discos’ sell-off: Power Division fails to satisfy Senate panel ISLAMABAD: Power Division on Thursday failed to satisfy the Senate Standing Committee on Power about privatisation... Updated 13 Dec, 2024 08:47am
Markets Outsandings against provincial depts/entities: Power minister seeks CMs’ intervention for recovery ISLAMABAD: Minister for Power, Sardar Awais Ahmed Khan Leghari has sought personal interventions of chief ministers... Published 13 Dec, 2024 06:29am
Print Climate funding: ADB commits Rs700bn, IFIs follow suit ISLAMABAD: The National Assembly Standing Committee on Foreign Affairs was told that International Financial... Updated 13 Dec, 2024 09:23am
Pakistan SC rejects ECP’s order to disqualify MNA Adil Bazai ISLAMABAD: The Supreme Court set aside the Election Commission of Pakistan’s order to disqualify Member of ... Updated 13 Dec, 2024 09:10am
Pakistan Mayor praises KPC for promoting, strengthening democracy KARACHI: Mayor Karachi, Barrister Murtaza Wahab, said that Karachi Press Club (KPC) is our historical heritage, and... Updated 13 Dec, 2024 09:09am
Pakistan PM for ensuring accessible healthcare to all citizens ISLAMABAD: Prime Minister Shehbaz Sharif emphasised on Thursday that ensuring accessible healthcare to all citizens... Published 13 Dec, 2024 06:29am
Pakistan Flower show begins at UAF FAISALABAD: The University of Agriculture Faisalabad opened its three-day annual Chrysanthemum and Autumn Flower ... Published 13 Dec, 2024 06:29am
Pakistan UCs funds: City Council opposition stages protest demonstration KARACHI: Opposition party representatives in the City Council staged a protest demonstration against the ruling PPP... Published 13 Dec, 2024 06:29am
Pakistan PTI leader rejects notion of national govt ISLAMABAD: As the capital is rife with rumours about formation of a national government, the opposition Pakistan... Published 13 Dec, 2024 06:29am
Pakistan Climate change and pandemics: Minister calls for facilitating cross-border data sharing ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal has called for facilitating cross-border data... Published 13 Dec, 2024 06:29am
Pakistan Fazl lashes out at President over Madaras Bill DI KHAN: Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman accused the President’s House and the... Published 13 Dec, 2024 06:29am
Pakistan IK, Bushra indicted in Toshakhana-II case ISLAMABAD: A special court, on Thursday, indicted Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan and ... Published 13 Dec, 2024 06:29am
Print SC CB dismisses pleas against practice procedure ordinance ISLAMABAD: The Supreme Court (SC) of Pakistan’s Constitutional Bench on Thursday dismissed a set of petitions... Updated 13 Dec, 2024 09:16am
Markets Winter demand initiative: Not more than Rs2.5/unit saving even with 40pc rise in consumption LAHORE: The industrial consumers have apprehended that the maximum saving would not exceed Rs2.5 per unit even with ... Published 13 Dec, 2024 06:29am
Business & Finance Ecosystem report: amid dwindling startup funding, i2i looks to offer insights KARACHI: Invest2-Innovate (i2i) released on Thursday the fourth edition of its Pakistan Startup Ecosystem Report ... Published 13 Dec, 2024 06:29am
Business & Finance KCCI urges SBP to reduce policy rate by 400bps KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani, while referring to the... Published 13 Dec, 2024 06:29am
Business & Finance Dubai’s real estate sector is evolving, moving towards ‘branded residences’ Dubai’s recent crown as the ‘global leader in branded residences’ is also accompanied by high occupancy level... Published 13 Dec, 2024 06:29am
Business & Finance All petrol pumps in federal capital will be equipped with EV-charging stations ISLAMABAD: The government has taken a major step towards implementing the Electric Vehicles (EV) Policy, announcing... Published 13 Dec, 2024 06:29am
Print Disputes related to cotton cess: PCCC concerned over prolonged delays ISLAMABAD: Pakistan Central Cotton Committee’s (PCCC) governing body on Thursday expressed serious concern over the... Updated 13 Dec, 2024 09:24am
Print Significant breakthrough: US FAA likely to resume flight operations KARACHI: Pakistan’s aviation sector is poised for a significant breakthrough as discussions progress with the US... Updated 13 Dec, 2024 09:12am
Pakistan Use of software/programme: Payment is business income, not royalty: SC ISLAMABAD: The Supreme Court of Pakistan, while exercising its review jurisdiction, has held that the... Published 13 Dec, 2024 06:29am
Print Population, economy: ICJ apprised of woeful climate change impacts Attorney General Mansoor Awan presents Pakistan’s case at the International Court of Justice Updated 13 Dec, 2024 09:25am
Business & Finance 2nd ‘Mera Brand Pakistan’ fair on Jan 18-19 KARACHI: Second “Mera Brand Pakistan” exhibition is scheduled to take place on January 18-19, 2025, at the... Published 13 Dec, 2024 06:29am
Business & Finance SBP’s reserves up $13m to $12.051bn KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $ 13 million, reaching $... Published 13 Dec, 2024 06:29am
Print Foreign investment: PM expresses satisfaction over OICCI report ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday expressed satisfaction over the latest report released by... Updated 13 Dec, 2024 08:47am
Pakistan Environmental pollution: Punjab CM proposes to establish JWG with China LAHORE: Punjab Chief Minister Maryam Nawaz Sharif proposed to establish a joint working group with China to ... Updated 13 Dec, 2024 08:21am
Pakistan EPD intensifies operation against non-zigzag brick kilns LAHORE: The Environment Protection Department (EPD) has intensified operations against non-zigzag brick kilns and... Updated 13 Dec, 2024 08:25am
World US official Sullivan says ‘got the sense’ Israel PM ready for Gaza deal TEL AVIV: Visiting US National Security Adviser Jake Sullivan said on Thursday that Israeli Prime Minister Benjamin... Published 12 Dec, 2024 11:33pm
Sports Jason Gillespie resigns as Pakistan’s red-ball coach Jason Gillespie has stepped down as Pakistan’s Test head coach. Gillespie, who had earlier refused to join the squad... Published 12 Dec, 2024 11:25pm
World Ukraine’s path into NATO ‘irreversible’: European foreign ministers BERLIN: Ukraine’s path to eventual NATO membership is “irreversible,” seven European foreign policy chiefs said at a... Published 12 Dec, 2024 11:16pm
World European troops in Ukraine could guarantee future peace deal: Kyiv official KYIV: The deployment of European troops in Ukraine could help guarantee a future deal aimed at securing peace in the... Published 12 Dec, 2024 11:09pm
Sports Gukesh Dommaraju: Indian teen who became world’s youngest chess champion NEW DELHI: Indian chess prodigy Gukesh Dommaraju is toast of his nation after he beat China’s Ding Liren to become... Published 12 Dec, 2024 10:23pm
Markets ‘Rs146bn unpaid’: Energy minister writes letters to provinces for outstanding power dues Overdue electricity bills hindering ongoing reforms in energy sector, Awais Leghari says Updated 12 Dec, 2024 10:31pm
Markets US stocks mostly lower after latest inflation data NEW YORK: Wall Street stocks mostly fell early Thursday as markets digested fresh US inflation data and the European... Published 12 Dec, 2024 09:19pm
Sports PCB opens registration of international players for PSL 10 Pakistan Cricket Board (PCB) on Thursday initiated foreign players’ registration for the 10th edition of the... Updated 12 Dec, 2024 10:44pm
World Time magazine names President-elect Trump ‘Person of the Year’ WASHINGTON: Time magazine on Thursday named U.S. President-elect Donald Trump its “Person of the Year,” citing his... Updated 12 Dec, 2024 10:45pm
World US sees Assad’s fall as chance to destroy Syria’s chemical arsenal ‘once and for all’ AMSTERDAM: The United States sees the fall of Bashar al-Assad as an extraordinary chance to rid Syria “once and for... Published 12 Dec, 2024 08:19pm
Business & Finance ECB cuts rates again, keeps door open to further cuts FRANKFURT: The European Central Bank cut interest rates for the fourth time this year on Thursday, by quarter of a... Published 12 Dec, 2024 08:03pm
World Trump Organisation plans second Saudi Arabian tower in regional expansion RIYADH: The Trump Organisation plans to build a Trump Tower in the Saudi capital Riyadh as part of a real estate... Published 12 Dec, 2024 07:59pm
Markets SBP-held foreign exchange reserves increase $13mn, now stand at $12.05bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $13 million on a weekly basis,... Updated 12 Dec, 2024 09:45pm
World Israel says it seized Golan buffer zone in self-defence OCCUPIED JERUSALEM: Israel said Thursday it would “continue to act to defend itself” after France urged it to... Updated 12 Dec, 2024 11:01pm
World Meta donates $1 million to Trump’s inaugural fund Meta Platforms has donated $1 million to U.S. President-elect Donald Trump’s inaugural fund, a company spokesperson... Published 12 Dec, 2024 06:05pm
World China pledges more debt, rate cuts as Trump tariff threats loom BEIJING: China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to... Published 12 Dec, 2024 05:53pm
World India-UK free trade pact talks to resume by Jan-end: Indian government source NEW DELHI: India and Britain will resume their talks on a free trade agreement by the end of January, an Indian... Published 12 Dec, 2024 05:46pm
World EU’s Kallas wants Russian assets to directly aid Ukraine LONDON: Frozen Russian assets should be used directly to aid Ukraine, the European Union’s new foreign policy chief... Published 12 Dec, 2024 05:38pm
World Syria’s new govt says to suspend constitution, parliament for three months DAMASCUS: Syria’s new government spokesman told AFP on Thursday the country’s constitution and parliament would be... Published 12 Dec, 2024 05:33pm
Markets IEA expects comfortably supplied oil market in 2025 despite demand hike LONDON: The world oil market will be comfortably supplied in 2025, the International Energy Agency (IEA) said on... Published 12 Dec, 2024 04:38pm
World EU states agree ‘historic’ full Schengen accession for Bulgaria, Romania SOFIA: EU states on Thursday cleared Bulgaria and Romania to become full members of the borderless Schengen zone... Published 12 Dec, 2024 03:43pm
Pakistan Court indicts Imran, Bushra in Toshakhana-II case A special court in Islamabad Thursday indicted Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his wife,... Updated 12 Dec, 2024 10:42pm
World Blinken arrives in Jordan at start of Syria crisis tour AQABA: US Secretary of State Antony Blinken arrived in Jordan on Thursday at the start of a crisis tour to address... Published 12 Dec, 2024 03:38pm
Sports Nortje ruled out of South Africa’s white ball series against Pakistan JOHANNESBURG: South Africa fast bowler Anrich Nortje’s injury woes continued as he was ruled out of the remainder of... Published 12 Dec, 2024 03:30pm
Markets Diageo supports FTSE 100; SThree slides on profit warning Britain’s FTSE 100 index rose on Thursday, boosted by Diageo after a brokerage upgrade, while SThree weighed on the... Published 12 Dec, 2024 03:24pm
World Indian troops kill seven Maoist rebels RAIPUR: Indian troops shot dead seven Maoist rebels in a fierce gun battle on Thursday, as security forces step up... Published 12 Dec, 2024 03:14pm
World Russia will ‘definitely’ respond to Ukraine ATACMS strike MOSCOW: Russia will “definitely” respond to a Ukrainian attack on a southern airfield using US-supplied ATACMS... Published 12 Dec, 2024 03:11pm
Technology Islamabad to become ‘model city’ for EVs: Tanveer As part of the government’s commitment to increase electric vehicle (EV) usage in Pakistan, Federal Minister for... Updated 12 Dec, 2024 10:41pm
Markets European stocks edge up as traders await ECB European stocks edged higher on Thursday, as investors braced for a rate cut from the European Central Bank and... Published 12 Dec, 2024 02:22pm
Life & Style Designer John Galliano leaves Maison Margiela brand after 10 years MILAN: Fashion brand Maison Margiela has parted ways with its artistic director John Galliano after ten years, its... Published 12 Dec, 2024 02:22pm
Life & Style Carlos Acosta says he once ‘hated ballet’ as his ‘Nutcracker in Havana’ opens in London LONDON: Director and dancer Carlos Acosta admits he once hated ballet as he launches the London run of his new... Published 12 Dec, 2024 02:19pm
Markets Most Gulf markets track global shares higher on Fed rate cut bets Most stocks markets in the Gulf were up in early trading on Thursday in tandem with a rally in global equities after... Published 12 Dec, 2024 02:14pm
Ex-ISI chief Faiz Hameed arraigned on charges of ‘engaging in political activities’ among others, says ISPR
‘Fake’ purchase of coal by cement makers: Abrupt transfer of officers halts probe into Rs11bn tax fraud