Markets South African rand stable ahead of inflation, retail sales data JOHANNESBURG: South Africa’s rand was little changed early on Wednesday, ahead of domestic inflation and retail... Published 22 Jan, 2025 12:51pm
Markets Japan’s shorter-dated bond yields rise as market braces for BOJ rate hike TOKYO: Yields on shorter-end Japanese government bonds (JGBs) rose to a one-week high on Wednesday as the market... Published 22 Jan, 2025 12:48pm
Markets South Korea’s NOFI tenders for up to 60,000 T feed wheat, traders say HAMBURG: Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up... Published 22 Jan, 2025 12:47pm
Technology Google to invest fresh $1bn in OpenAI rival Anthropic, FT reports Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported... Published 22 Jan, 2025 12:42pm
Markets TotalEnergies further delays $20 bln Mozambique LNG project, FT reports France’s TotalEnergies has further delayed its $20 billion liquefied natural gas (LNG) project in Mozambique, citing... Published 22 Jan, 2025 12:39pm
World Sri Lanka, China agree to fast-track Sinopec’s $3.7bn refinery in Hambantota COLOMBO: Sri Lanka’s foreign minister said on Wednesday that the island nation has signed an agreement with China to... Published 22 Jan, 2025 12:38pm
Markets Palm retreats on weak export demand, stronger ringgit JAKARTA: Malaysian palm oil futures snapped a three-session rally on Wednesday, weighed down by cargo surveyor data... Published 22 Jan, 2025 12:36pm
Markets China and Hong Kong stocks tumble on Trump’s tariff threats HONG KONG: China and Hong Kong stocks fell on Wednesday after US President Donald Trump hinted at new tariffs on... Published 22 Jan, 2025 12:35pm
Markets Soy, corn and wheat dip after no-tariff rally CANBERRA: Chicago corn, soybean and wheat futures dipped on Wednesday, after rallying in the previous session when... Published 22 Jan, 2025 12:34pm
Markets Yuan falls as Trump hints at new tariffs on Chinese imports SHANGHAI: China’s yuan fell against the US dollar on Wednesday following President Donald Trump’s hint of potential... Published 22 Jan, 2025 12:33pm
Pakistan Pakistan ‘moving in the right direction,’ Aurangzeb asserts at WEF Citing improvement in Pakistan’s tax-to-GDP ratio and decline in its debt-to-GDP ratio, Finance Minister Muhammad... Published 22 Jan, 2025 12:08pm
Markets South Korean shares rise as investors assess Trump’s tariff plans SEOUL: Round-up of South Korean financial markets: South Korean shares erase early gains as traders eye Trump’s... Published 22 Jan, 2025 11:59am
World Lukashenko seeks easing of Belarus isolation as he extends his long rule Five candidates’ names will appear on the ballot for a presidential election in Belarus on Sunday, but for the past... Published 22 Jan, 2025 11:41am
Life & Style Wealthy Indians tap into bathroom luxury with $18,500 smart toilets MUMBAI: In India’s polluted northern city of Kanpur, Rajat Ghai has a penchant for Rado watches and Louis Vuitton... Published 22 Jan, 2025 11:34am
Markets Gold climbs to 11-week peak on Trump policy jitters, soft dollar Gold prices hit an over 11-week peak on Wednesday, not far from an all-time peak touched last year, boosted by safe... Published 22 Jan, 2025 11:28am
World Clash of the handouts as Modi’s BJP seeks to reclaim Delhi after decades NEW DELHI: Having unexpectedly won two Indian state votes late last year, in big part due to a slew of handouts,... Published 22 Jan, 2025 11:25am
World Quad foreign ministers meet in Washington in signal of Trump’s China focus WASHINGTON: The United States, Australia, India and Japan recommitted to working together on Tuesday, after the... Published 22 Jan, 2025 11:20am
Markets Australia, NZ dollars buffeted by tariff talk; NZ inflation benign SYDNEY: The Australian and New Zealand dollars were again buffeted by uncertainty over US tariff policy on... Published 22 Jan, 2025 11:10am
Markets India bonds search for direction with focus on US Treasuries MUMBAI: Indian government bond yields were little changed early on Wednesday as traders await fresh triggers, while... Published 22 Jan, 2025 11:08am
Markets Japan’s Nikkei rises as tech shares gain on AI investment plans TOKYO: Japan’s Nikkei share average rose on Wednesday, as investors scooped up SoftBank Group and other technology... Published 22 Jan, 2025 11:06am
Markets Bubs Australia soars after swinging to profitability in half-year earnings Shares of infant formula maker Bubs Australia surged on Wednesday after the company reported a return to... Published 22 Jan, 2025 11:01am
Markets Malaysian ringgit hits 6-week high ahead of central bank decision Malaysia’s currency hit a six-week high and stocks advanced for a fourth straight session on Wednesday ahead of a... Published 22 Jan, 2025 10:54am
Business & Finance Mari Energies to acquire 5% stake in Kohesultan Mining Company Mari Energies Limited (MARI), formerly Mari Petroleum Company Limited, has entered into a definitive agreement to... Published 22 Jan, 2025 10:49am
Markets Intra-day update: rupee registers marginal improvement against US dollar Currency hovers at 278-279 level in inter-bank market Published 22 Jan, 2025 10:15am
Markets India’s benchmark indexes open marginally higher India’s benchmark indexes opened marginally higher on Wednesday, after hitting a more than seven-month low in the... Published 22 Jan, 2025 09:06am
Sports Keys overpowers Svitolina to reach Australian Open semi-finals MELBOURNE: Madison Keys blasted her way into the Australian Open semi-finals for a third time with characteristic... Published 22 Jan, 2025 09:02am
Business & Finance Japan wage growth gathers steam as reluctant retailers raise pay TOKYO: Japan’s retailers, typically among the most tight-fisted of employers, are offering big pay increases for a... Published 22 Jan, 2025 08:58am
Markets Indian rupee set to rise at open, alongside Asian peers, before facing resistance MUMBAI: The Indian rupee will likely inch up at the open on Wednesday, tracking an uptick in most of its Asian... Published 22 Jan, 2025 08:49am
Business & Finance Morgan Stanley’s bonus payouts for star Asia bankers to jump by up to 50%, sources say HONG KONG: Morgan Stanley’s top-performing investment bankers and traders in Asia will see up to a 50% increase in... Published 22 Jan, 2025 08:47am
World Indonesia resumes search for 13 missing after deadly landslide in Central Java JAKARTA: Indonesian rescuers on Wednesday were searching for 13 people missing after a landslide in Central Java... Published 22 Jan, 2025 08:42am
Life & Style TikTok users anxiously await its return to US app stores Three days after ByteDance’s TikTok went dark and then was quickly revived in the United States, users that deleted... Published 22 Jan, 2025 08:34am
World Turkiye ski resort fire kills 76, guests forced to jump from windows KARTALKAYA: A fire at a ski resort hotel in Turkeiye Bolu mountains killed 76 people and injured dozens on Tuesday,... Published 22 Jan, 2025 08:28am
World Donald Trump stirs tariff pot with fresh threats on EU, Feb 1 China deadline WASHINGTON: U.S. President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his... Published 22 Jan, 2025 08:22am
Technology TikTok owner ByteDance plans to spend $12 bln on AI chips in 2025, FT reports ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend... Published 22 Jan, 2025 08:14am
Business & Finance Netflix shares soar on price hikes and record subscriber gains Netflix reaffirmed its dominance of the streaming video market on Tuesday, as its mixture of live sporting events,... Published 22 Jan, 2025 08:10am
Markets Stocks bask in Trump glow, tariff uncertainty weighs on dollar SYDNEY/NEW YORK: Global stocks gained on Wednesday as a flurry of new policies from U.S. President Donald Trump... Published 22 Jan, 2025 08:06am
Technology Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a... Published 22 Jan, 2025 08:00am
BR Research Imports under pressure The import pressure is gradually increasing. There is no immediate strain on the currency per se, but demand is... Published 22 Jan, 2025 07:58am
Markets Dollar drifts lower as traders ponder Trump tariff plans TOKYO: The dollar drifted slightly lower on Wednesday in indecisive trading as a lack of clarity on President Donald... Published 22 Jan, 2025 07:56am
BR Research Citi Pharma Limited Citi Pharma Limited (PSX: CPHL) was incorporated in Pakistan as a private limited company in 2012 and was converted... Published 22 Jan, 2025 07:56am
Markets Oil steady as investors watch Trump 2.0 policies SINGAPORE: Oil prices were little changed on Wednesday as markets weighed US President Donald Trump’s declaration of... Updated 22 Jan, 2025 10:58am
Pakistan Minister for taking strict action against sugar hoarders ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain chaired an important meeting of the... Published 22 Jan, 2025 07:48am
Pakistan Punjab, Argentina to promote cultural exchanges: Azma LAHORE: Punjab Information Minister Azma Bokhari held a meeting with the Argentine Ambassador to discuss... Published 22 Jan, 2025 07:47am
Pakistan 27 buses powered by solar energy to run on Lahore’s roads LAHORE: The Punjab government has decided to introduce 27 smoke-free electric buses in Lahore by the end of this... Published 22 Jan, 2025 07:46am
Pakistan Customs dept fails to establish use of oil tanker in diesel smuggling LAHORE: the Customs department has failed to establish use of an oil tanker in smuggling of diesel, as the relevant... Published 22 Jan, 2025 07:44am
Pakistan Extremism at its peak in Punjab University: PPP LAHORE: General Secretary Pakistan People’s Party Central Punjab Syed Hassan Murtaza on Tuesday said that ... Published 22 Jan, 2025 07:43am
Pakistan Plea seeking to restrain former judge Zahid from working rejected LAHORE: Justice Ahmad Nadeem Arshad of the Lahore High Court on Tuesday rejecting the plea to restrain a former ... Published 22 Jan, 2025 07:40am
Pakistan UHS, UNICEF, PHS join hands for nutrition reforms in Punjab LAHORE: The University of Health Sciences (UHS), Directorate General Health Services Punjab, and UNICEF Punjab have... Published 22 Jan, 2025 07:38am
Pakistan Opposition concerned at alarming rise in cases of sexual violence LAHORE: Opposition leader in Punjab Assembly Malik Ahmed Khan Bachhar has expressed deep concern over the alarming... Published 22 Jan, 2025 07:38am
Pakistan Global Hub Girls’ Cadet College Malir: Aseefa inaugurates ‘Shaheed Benazir Bhutto Block’ KARACHI: The inauguration of the Shaheed Benazir Bhutto Block at Global Hub Girls’ Cadet College Malir was graced... Published 22 Jan, 2025 07:35am
Pakistan Advanced technologies: Punjab govt for more collaboration with China LAHORE: The Punjab Secretary of Agriculture, Iftikhar Ali Sahoo, has called for strengthened collaboration between... Published 22 Jan, 2025 07:32am
Pakistan Opposition’s resolution seeking student union elections rejected KARACHI: The dominant treasury voted out an opposition’s resolution calling for the immediate conduct of students... Published 22 Jan, 2025 07:24am
Business & Finance 1HFY2024-25: Mobile phones worth $733.425m imported ISLAMABAD: The country imported mobile phones worth $733.425 million in the first half (July-December) of the ... Published 22 Jan, 2025 07:21am
Pakistan Govt reaffirms its commitment against poliovirus, speaks of close collaboration with partners ISLAMABAD: The government reaffirmed its commitment to eradicating poliovirus from the country with the close... Published 22 Jan, 2025 07:18am
Pakistan Bilawal holds separate meetings with PPP leaders ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari, on Tuesday, held separate meetings with his... Published 22 Jan, 2025 07:15am
Pakistan Opposition members protest in NA ISLAMABAD: The federal government faced difficulties in running the business of the National Assembly as the ... Published 22 Jan, 2025 07:15am
Pakistan Afghan national killed in Zhob: body handed over to Kabul ISLAMABAD: Pakistan handed over the body of an Afghan national involved in terrorist activities within Pakistan, to... Published 22 Jan, 2025 07:15am
Pakistan KE condemns attack on staff KARACHI: K-Electric strongly condemned the violent attack on its staff by nearly area residents during an operation... Published 22 Jan, 2025 07:12am
Pakistan Zardari greets Trump ISLAMABAD: President Asif Ali Zardari has congratulated Donald Trump on assuming the office as the 47th President of... Published 22 Jan, 2025 07:08am
Pakistan Whether an administrative order can take jurisdiction of bench, asks SC ISLAMABAD: The Supreme Court raising concern over the independence of benches questioned whether an administrative... Published 22 Jan, 2025 07:07am
Pakistan PTI’s demands: govt forms a sub-committee ISLAMABAD: Amid a looming deadlock in talks between the ruling coalition and Pakistan Tehreek-e-Insaf (PTI), the... Published 22 Jan, 2025 07:06am
Pakistan PPP deplores delay in establishing Minorities Commission ISLAMABAD: The Human Rights Cell of the Pakistan Peoples Party (PPP) has deplored the inordinate delay in the ... Published 22 Jan, 2025 07:03am
Business & Finance 70,000 new firms join Dubai Chamber of Commerce, of which more than 6,000 are Pakistani DUBAI: The number of new companies joining the Dubai Chamber of Commerce continued to soar as the figure hit 70,000... Published 22 Jan, 2025 06:26am
Editorials Controlling smuggling EDITORIAL: Prime Minister Shehbaz Sharif’s call for enhanced technological measures to check smuggling is not only... Published 22 Jan, 2025 06:15am
World Trump reinstates Cuba on state sponsor of terror list WASHINGTON: US President Donald Trump on Monday promptly reversed Joe Biden’s decision to remove Cuba from a... Published 22 Jan, 2025 06:06am
World Xi and Putin discuss relations with Trump, Ukraine and Taiwan MOSCOW/BEIJING: Russian President Vladimir Putin and Chinese President Xi Jinping discussed on Tuesday how to build... Published 22 Jan, 2025 06:06am
World EU, China warn against trade friction at Davos after Trump return DAVOS: EU chief Ursula von der Leyen declared Tuesday that Europe was ready to negotiate with the United States and... Published 22 Jan, 2025 06:06am
World Indonesia fines Google $12m for unfair business practices JAKARTA: Indonesia’s antitrust agency on Tuesday ordered Google to pay fines about 202 billion rupiah ($12.37... Published 22 Jan, 2025 06:06am
World Afghan Taliban govt announces prisoner swap with US KABUL: The United States has freed an Afghan convicted by an American court on charges of drug smuggling and... Published 22 Jan, 2025 06:06am
World New Secretary of State emphasises ‘America First’ agenda WASHINGTON: US Senator Marco Rubio from Florida became the first of President Donald Trump’s cabinet nominees to ... Published 22 Jan, 2025 06:06am
Pakistan The Weather KARACHI: The weather report on Tuesday (January 21, 2025) and the forecast for Wednesday (January 22, 2025)... Published 22 Jan, 2025 06:06am
Pakistan Parliamentary websites in Pakistan: FAFEN for standardisation of info, accessibility features ISLAMABAD: The Free and Fair Election Network (FAFEN) said that parliamentary websites in Pakistan have evolved into... Published 22 Jan, 2025 06:06am
Pakistan Efforts on to boost Pakistan Post’s revenue to Rs14bn by June 30: Aleem ISLAMABAD: Federal Minister for Communications, Privatisation and Board of Investment Abdul Aleem Khan has assigned... Published 22 Jan, 2025 06:06am
Pakistan KP CM inaugurates police training school at DIK PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Khan Gandapur formally inaugurated the newly-established police... Published 22 Jan, 2025 06:06am
Pakistan Naqvi attends special reception at Lincoln Liberty Hall WASHINGTON: Federal Interior Minister Mohsin Naqvi attended a special dinner reception at the Lincoln Liberty Hall ... Published 22 Jan, 2025 06:06am
Pakistan Non-bailable arrest warrants for Gandapur upheld ISLAMABAD: A local court on Tuesday again upheld the non-bailable arrest warrant of Khyber Pakhtunkhwa Chief ... Published 22 Jan, 2025 06:06am
Pakistan CDA chief for improving quality of education ISLAMABAD: The Capital Development Authority (CDA) chairman directed to improve the quality of education and... Published 22 Jan, 2025 06:06am
Pakistan Elahi skips hearings of 2 cases LAHORE: PTI President Chaudhry Pervez Elahi on Tuesday skipped hearings of two corruption cases pending before as... Published 22 Jan, 2025 06:06am
Pakistan NITB identifies increasing frequency of unauthorised access incidents ISLAMABAD: The National Information Technology Board (NITB) has identified increase in incidents involving... Published 22 Jan, 2025 06:06am
Sports Raja Samiullah steers Army to clinch SZJ Memorial Polo Cup opener LAHORE: Team Army defeated Team Balochistan by 10½-6 goals in the opening match of the eight-goal Maj Gen... Published 22 Jan, 2025 06:06am
Pakistan Agile Project Management & Scrum: SSUET holds training session KARACHI: Sir Syed University of Engineering & Technology (SSUET) organized a high-profile training session on... Published 22 Jan, 2025 06:06am
Pakistan Malik Riaz has occupied govt, private lands: NAB ISLAMABAD: The National Accountability Bureau (NAB) on Tuesday claimed it has credible information that property... Published 22 Jan, 2025 06:06am
World Trump orders US exit from WHO NEW YORK/LONDON/ GENEVA: The United States will leave the World Health Organization, President Donald Trump said on... Published 22 Jan, 2025 06:06am
World Saif Ali Khan home from hospital days after knife attack MUMBAI: Bollywood actor Saif Ali Khan left a hospital in India’s financial capital Mumbai on Tuesday, less than a... Published 22 Jan, 2025 06:06am
Pakistan SC removes additional registrar over ‘serious lapse’ ISLAMABAD: The Supreme Court of Pakistan removed the Additional Registrar (Judicial) on account of serious lapse in... Published 22 Jan, 2025 06:06am
Print Senate body told: Pakistan not executing death penalty due to GSP Plus conditions ISLAMABAD: Pakistan is not executing the death penalty because of Generalised Scheme of Preferences Plus (GSP+)... Updated 22 Jan, 2025 09:24am
Print Punjab CM launches ‘largest’ business finance scheme LAHORE: More than Rs 84 billion for Punjab’s Easy Business Finance Scheme, and over Rs 48 billion for Punjab’s Easy... Updated 22 Jan, 2025 09:35am
Print Winding up of PTB: Aurangzeb urged to revisit decision ISLAMABAD: Officials of the Pakistan Tobacco Board (PTB) have urged Finance Minister Senator Muhammad Aurangzeb to... Updated 22 Jan, 2025 09:36am
Print Gwadar airport set to reshape economic landscape: PM ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday commended the World Bank’s pledge of providing a $20 billion... Updated 22 Jan, 2025 09:25am
Print Rs1.2bn losses emerge: PECO board clears 5-year accounts backlog KARACHI: The Board of Directors of Pakistan Engineering Company Limited (PECO), a public-listed company, has taken a... Updated 22 Jan, 2025 09:37am
Print NA panel says concerned at some clauses of Tax Laws (Amendment) Bill ISLAMABAD: National Assembly Standing Committee on Finance and Revenue expressed concern over some clauses of Tax... Updated 22 Jan, 2025 10:15am
Business & Finance Dubai’s Crypto Tower will feature an exotic car dealership and a gold bullion shop DUBAI: A 17-storey ‘Crypto Tower’ is in the works for Dubai including nine floors of offices tailored for both... Updated 22 Jan, 2025 06:34am
Business & Finance Improved tax system: Furniture Association presents suggestions LAHORE: The Furniture Association presented recommendations to improve the tax system and reaffirmed its commitment... Published 22 Jan, 2025 06:06am
Business & Finance KP Govt launches ‘BizHub’ Portal to empower SMEs PESHAWAR: The Khyber Pakhtunkhwa government has formally launched the ‘BizHub’ digital App aiming to serve as a... Published 22 Jan, 2025 06:06am
Business & Finance ‘Need to improve investment environment to boost economy’ KARACHI: Chairman of National Business Group Pakistan, President of the Pakistan Businessmen and Intellectuals ... Published 22 Jan, 2025 06:06am
Business & Finance Banks running ‘war rooms’; markets tense DAVOS, (Switzerland): JPMorgan Chase & Co bankers worked through the night in a “war room” to assess the... Published 22 Jan, 2025 06:06am
Business & Finance Govt agrees terms for $1bn loan with 2 ME banks DAVOS, (Switzerland): Pakistan has agreed terms for a $1 billion loan with two Middle Eastern banks at a 6%-7%... Published 22 Jan, 2025 06:06am
Business & Finance Aurangzeb invites global stakeholders to invest in priority sectors DAVOS: In an exclusive article published as part of World Economic Forum Annual Meeting, Minister of Finance and... Published 22 Jan, 2025 06:06am
Print Curbs on non-filers a must to bring black money into documented regime ISLAMABAD: The Minister of State for Finance, Ali Pervaiz Malik, Tuesday, admitted before the National Assembly... Updated 22 Jan, 2025 09:07am
Print LoS extension stays pending: Chinese firm agrees to delay Kohala project ISLAMABAD: Chinese company China Three Gorges South Asia Investment (SCAIL), has reportedly agreed to delay its... Updated 22 Jan, 2025 09:23am