World China says planned US tariff hikes ‘pile errors onto errors’ BEIJING: Beijing said Monday that plans by the United States to hike tariffs on more Chinese imports “pile errors... Published 16 Dec, 2024 05:24pm
Markets How the key interest rate has moved since July 2022 The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Monday reduced the key policy rate by 200... Published 16 Dec, 2024 05:21pm
World NATO chief to hold Ukraine talks with Zelensky, European leaders BRUSSELS: NATO chief Mark Rutte will hold talks with Ukraine’s President Volodymyr Zelensky and several European... Published 16 Dec, 2024 05:21pm
Sports Brazil’s fallen ‘Emperor’ Adriano bids farewell to football RIO DE JANEIRO: Former Brazil and Inter Milan striker Adriano, nicknamed the ‘Emperor’ in his prime, bid farewell to... Published 16 Dec, 2024 05:15pm
Sports Maguire says ‘statement’ derby win will boost Man Utd’s belief LONDON: Harry Maguire says Manchester United’s dramatic “statement” win at Manchester City will boost their belief... Published 16 Dec, 2024 05:11pm
Markets Indian equity benchmarks slip as Fed rate trajectory worries hit IT stocks India’s benchmark equity indexes fell on Monday, as uncertainty about the U.S. interest rate trajectory beyond the... Published 16 Dec, 2024 05:10pm
Markets OGDCL revives heavy oil well in Punjab, enhances production capacity Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,... Published 16 Dec, 2024 05:09pm
Markets Sri Lanka shares end higher as energy, financials gain CSE All-Share index settled 2.08% higher at 14,500.44 Published 16 Dec, 2024 05:07pm
Markets Aluminium prices fall, under pressure from China’s rising output LONDON: Aluminium prices in London fell on Monday, under pressure from rising output in China and challenges to the... Published 16 Dec, 2024 05:05pm
Markets Palm ends lower on losses in soyoils; weaker ringgit limits decline KUALA LUMPUR: Malaysian palm oil futures closed lower on Monday for a second straight session, giving up its midday... Published 16 Dec, 2024 05:03pm
Business & Finance Walmart to Gulf Royals: world’s richest add $2trn to their wealth in 2024 The owners of US retail chain Walmart – The Walton family – topped Bloomberg’s annual ranking of the world’s... Published 16 Dec, 2024 04:58pm
Markets Fifth successive cut: SBP reduces key policy rate by 200bps, takes it to 13% Development in line with analysts' expectations Updated 16 Dec, 2024 05:00pm
Sports Nepal beat Pakistan by 6 wickets in ACC U19 Women’s Asia Cup Nepal beat Pakistan by six wickets at the Bayuemas Oval in Kuala Lumpur to qualify for Thursday’s Super-Four Stage... Published 16 Dec, 2024 04:20pm
Markets PSX record rally: more Pakistani companies join billion-dollar club Number of companies with over billion-dollar capitalisation increases from six in May 2024 to 11 in December 2024 Published 16 Dec, 2024 04:16pm
World Vladimir Putin accuses West of pushing Russia to its ‘red lines’ forcing it to respond MOSCOW: Russian President Vladimir Putin on Monday accsued the West of pushing Russia to its “red lines” -... Published 16 Dec, 2024 04:02pm
Markets Russian rouble unlikely to react to expected key rate hike this week MOSCOW: The Russian rouble strengthened against the US dollar and the Chinese yuan on Monday with analysts saying... Published 16 Dec, 2024 03:43pm
Business & Finance India’s Tata faces pressure in Starbucks joint venture as consumers cut back India’s Tata Consumer Products “will calibrate” its plans to open Starbucks stores in the near term at a time when... Published 16 Dec, 2024 03:41pm
Business & Finance SNB lowers threshold factor for sight deposit interest payments ZURICH: The Swiss National Bank will lower the threshold factor where it pays interest on sight deposits to... Published 16 Dec, 2024 03:37pm
Markets French stocks lead declines in Europe, business surveys on deck French stocks led mild losses across European markets on Monday after a surprise ratings downgrade by Moody’s, while... Published 16 Dec, 2024 03:33pm
Markets Dubai shares hit near-decade high, Emaar Properties shines Dubai stocks jumped on Monday to their highest level in nearly a decade, helped by gains in real estate and finance... Published 16 Dec, 2024 03:31pm
Markets PM Modi says India plans to supply LNG to Sri Lanka NEW DELHI: India plans to supply liquefied natural gas to Sri Lanka’s power plants and will work on connecting the... Published 16 Dec, 2024 03:30pm
Technology Britain sets first codes of practice for tech firms in online safety regime LONDON: Britain’s online safety regime came into force on Monday, requiring social media companies like Meta’s... Published 16 Dec, 2024 03:28pm
Business & Finance Bulgaria may meet euro accession criteria soon: EU Commissioner FRANKFURT: Bulgaria may meet all the conditions for joining the euro zone in the next few months and the European... Published 16 Dec, 2024 03:25pm
Markets Kenyan shilling holds steady in slow run-up to Christmas KAMPALA: The Kenyan shilling held steady in Monday’s trading session compared to its last close, as trading... Published 16 Dec, 2024 03:22pm
Technology Malaysia’s Proton launches its first electric vehicle KUALA LUMPUR: Malaysian autos firm Proton launched its first electric vehicle on Monday, the latest entry into the... Published 16 Dec, 2024 03:19pm
Markets Ivory Coast 2024/2025 cocoa arrivals up 32.8% as of Dec. 15 ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast had reached 895,000 metric tons by Dec. 15 since the... Published 16 Dec, 2024 03:17pm
Life & Style Riding subway cars of 1930s New York, and dressing the part NEW YORK: Nearly a century after the New York subway introduced its iconic “R1-9” fleet, the agency is putting some... Published 16 Dec, 2024 02:55pm
World Kremlin says no final decisions yet on fate of Russian military bases in Syria MOSCOW: The Kremlin said on Monday that no final decisions had yet been taken on the fate of Russia’s military bases... Updated 16 Dec, 2024 04:39pm
Markets UK stocks dip at start of policy decision-packed week, Entain drops UK’s FTSE 100 index slipped on Monday ahead of a raft of major central bank interest-rate decisions, with Entain... Published 16 Dec, 2024 02:47pm
Sports Jasprit Bumrah urges patience with India team ‘in transition’ BRISBANE: Pace spearhead Jasprit Bumrah urged India fans to show patience with his team after a disappointing... Published 16 Dec, 2024 02:41pm
World Norway donates $240mn to Ukraine’s navy OSLO: Norway will provide 2.7 billion kroner ($240 million) to strengthen the Ukrainian navy to help it deter... Published 16 Dec, 2024 02:40pm
World EU sending envoy to talk to Syria’s new leaders BRUSSELS: EU foreign policy chief Kaja Kallas said Monday the bloc’s envoy to Syria was going to Damascus to talk to... Published 16 Dec, 2024 02:31pm
World At least 30 North Korean soldiers killed and wounded in Russia’s Kursk region: Ukraine KYIV: Ukraine said Monday that its troops killed or wounded at least 30 North Korean soldiers who had been deployed... Published 16 Dec, 2024 02:27pm
World Weight-loss drugmaker Novo Nordisk invests $1.2bn in new factory in Denmark COPENHAGEN: Danish pharmaceutical giant Novo Nordisk, maker of diabetes and weight-loss treatments Ozempic and... Published 16 Dec, 2024 02:23pm
World Carbon monoxide suspected in 12 deaths at Georgia ski resort: police TBILISI: Twelve people have been found dead of suspected carbon monoxide poisoning at a ski resort in Georgia,... Published 16 Dec, 2024 02:18pm
Sports Indian chess king Gukesh returns to hero’s welcome CHENNAI: India’s chess star Gukesh Dommaraju returned to a hero’s welcome in his home city on Monday after becoming... Published 16 Dec, 2024 02:10pm
Markets Iron ore rebounds as China stimulus hopes outweigh weak fundamentals BEIJING: Prices of iron ore futures rebounded on Monday, as a revival of hopes for monetary easing in top consumer... Published 16 Dec, 2024 01:57pm
Business & Finance ECB’s Lagarde flags more rate cuts if inflation continues to ease FRANKFURT: The European Central Bank will cut interest rates further if inflation continues to ease towards its 2%... Published 16 Dec, 2024 01:51pm
Markets Shell invests in Nigeria’s Bonga North deep-water project Shell said on Monday its Nigerian subsidiary has announced a final investment decision (FID) on Bonga North, a... Published 16 Dec, 2024 01:50pm
Markets Euro zone government bond yields steady but French risk premium rises LONDON: Euro zone government bond yields held broadly steady on Monday as investors waited for the US Federal... Published 16 Dec, 2024 01:47pm
Markets Indonesian rupiah, Malaysian ringgit extend losses; markets eye rate calls Asian markets wavered on Monday, with the Malaysian ringgit and Indonesian rupiah dipping slightly and stocks... Published 16 Dec, 2024 01:45pm
Markets Saudi Arabia buys 804,000 T of wheat in tender, GFSA says HAMBURG: Saudi Arabia’s main state wheat buying agency the General Food Security Authority (GFSA) said on Monday it... Published 16 Dec, 2024 01:43pm
Markets Australian shares close at near 1-month low as commodities weigh Australian shares extended losses to the fifth straight session to fall to a one-month closing low on Monday, with... Published 16 Dec, 2024 01:34pm
World US case against India’s Gautam Adani appears strong but extradition unlikely, experts say NEW YORK: The US fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help... Published 16 Dec, 2024 01:32pm
Markets China’s yuan slips, central bank offers support amid weakening yields SHANGHAI: The yuan dipped slightly against the dollar on Monday as China’s central bank pledged to keep the currency... Published 16 Dec, 2024 01:26pm
Technology Govt set to launch National Digital Commission to drive digitization: Shaza Fatima Talks with satellite internet service provider in advanced stages, says IT minister Updated 16 Dec, 2024 04:37pm
Markets China stocks weaken after disappointing consumer spending data Chinese stocks fell on Monday after data showed unexpected weakness in consumer spending, while investors banked on... Published 16 Dec, 2024 01:23pm
Sports Ace spinner Rashid Khan back for Afghanistan Tests in Zimbabwe KABUL: Rashid Khan is set to play Test cricket for the first time in nearly four years after the world-renowned... Published 16 Dec, 2024 01:04pm
Sports Man Utd deepen Guardiola’s gloom, Chelsea gain on Liverpool LONDON: Manchester United scored two late goals on Sunday to deepen the pain for beleaguered Manchester City boss... Published 16 Dec, 2024 12:53pm
Sports Cricket commentator sorry for Bumrah ‘primate’ remark BRISBANE: Broadcaster and former England player Isa Guha apologised on air Monday for calling star India bowler... Published 16 Dec, 2024 12:52pm
Sports England captain Stokes limps off in fresh injury scare HAMILTON: England captain Ben Stokes is in doubt to play any further part in the third Test against New Zealand... Published 16 Dec, 2024 12:38pm
World Sri Lanka president in India in first overseas trip NEW DELHI: Sri Lankan President Anura Kumara Dissanayake was in India Monday for his first overseas visit as head of... Published 16 Dec, 2024 12:34pm
World Trump hosts Shinzo Abe’s widow at Mar-a-Lago WASHINGTON: US president-elect Donald Trump hosted Akie Abe, the widow of slain former Japanese Prime Minister... Published 16 Dec, 2024 12:21pm
Sports Bangladesh grabs seven-run win in West Indies T20 opener KINGSTOWN: Hasan Mahmud delivered a superb final over as Bangladesh snatched a seven-run win over the West Indies in... Published 16 Dec, 2024 12:18pm
Sports Weather rescues India as rain plays havoc with third Australia Test BRISBANE: Brisbane’s weather came to India’s rescue as most of Monday’s play was lost because of rain on the third... Updated 16 Dec, 2024 12:59pm
World Race against time for Mayotte rescuers after cyclone SAINT-DENIS DE LA REUNION: Rescuers were racing against time Monday to reach survivors after a powerful cyclone hit... Published 16 Dec, 2024 12:05pm
World Germany’s Scholz to trigger elections with confidence vote BERLIN: Germany’s embattled Chancellor Olaf Scholz will face parliament Monday to trigger the process towards... Published 16 Dec, 2024 11:58am
Sports Williamson scores big as NZ set 658 for England to win third Test HAMILTON: England face a colossal target of 658 to win the third Test after Kane Williamson’s century on Monday... Published 16 Dec, 2024 11:54am
World Bangladesh to hold elections in late 2025 or early 2026 DHAKA: Bangladesh’s interim leader Muhammad Yunus, who heads the caretaker government installed after an August... Published 16 Dec, 2024 11:49am
Business & Finance Japan’s factory activity softens for 6th straight month, PMI shows TOKYO: Japan’s factory activity shrank for the sixth straight month on lacklustre demand while the service sector... Published 16 Dec, 2024 11:42am
Markets China’s long-term yields hit record lows on easing expectations SHANGHAI: China’s long-term yields hit record lows in early trade on Monday as easing expectations intensified.... Published 16 Dec, 2024 11:37am
Business & Finance Indonesia books $4.4bn trade surplus in Nov, beating forecast JAKARTA: Indonesia posted an unexpectedly large $4.42 billion trade surplus in November, double the figure expected... Published 16 Dec, 2024 11:35am
Markets South Korean shares at more than two-week high after president impeached KOSPI added 5.60 points, or 0.22%, to 2,500.06 Published 16 Dec, 2024 11:30am
Business & Finance China November industrial output rises 5.4%, above expectations BEIJING: China’s industrial output rose 5.4% from a year earlier in November, quickening from October’s 5.3% growth,... Published 16 Dec, 2024 11:25am
Markets Prices steady after weak US export data triggers selloff CANBERRA: Chicago wheat, corn and soybean futures steadied on Monday after disappointing US export data pushed... Published 16 Dec, 2024 11:23am
Markets Gold firms as focus shifts to Federal Reserve’s policy meeting Gold prices firmed on Monday as investors turned their focus on the Federal Reserve’s meeting on Dec. 17-18, when it... Published 16 Dec, 2024 11:21am
Markets Some Japan buyers agree to 30% higher aluminium premiums for Q1, sources say TOKYO: Some Japanese aluminium buyers have agreed to pay a global producer a premium of $228 per metric ton over the... Published 16 Dec, 2024 11:18am
Markets Australia, NZ dollars gloomy as markets ponder US rate outlook SYDNEY: The Australian and New Zealand dollars were constrained by elevated bond yields on Monday as markets... Published 16 Dec, 2024 11:16am
Markets Chips boost Japan’s Nikkei, but caution ahead of key central bank meetings caps gains TOKYO: Japan’s Nikkei share average climbed on Monday as chip-related shares were boosted by a rise in their US... Published 16 Dec, 2024 11:13am
Markets Indian bond yields edge higher tracking US peers, focus on Fed decision MUMBAI: Indian government bonds yields inched higher on Monday, tracking US Treasury yields, with focus squarely on... Published 16 Dec, 2024 11:05am
Markets Indian shares set to open Fed-focussed week flat Indian shares are likely to open little changed on Monday, in line with Asian peers, starting the week with a focus... Published 16 Dec, 2024 11:03am
Life & Style Indian tabla maestro Zakir Hussain dies at 73 Zakir Hussain, considered one of the greatest players of the tabla or Indian drums and known for his “dancing... Published 16 Dec, 2024 11:00am
Business & Finance Thai finance minister seeks further rate cut BANGKOK: Thailand’s finance minister said on Monday he wanted a further interest rate cut to align with low... Published 16 Dec, 2024 10:57am
Business & Finance India’s economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows BENGALURU: India’s private sector output grew at the fastest pace in four months, preliminary readings from a survey... Published 16 Dec, 2024 10:55am
World Kyrgyzstan’s president dismisses prime minister, RIA reports Kyrgyz President Sadyr Japarov has dismissed the prime minister, Akylbek Japarov, Russia’s RIA state news agency... Published 16 Dec, 2024 10:51am
Markets China’s crude oil imports rebounded in November, but so did storage flows: Russell LAUNCESTON: China’s crude oil imports in November hit a 14-month high, but much of the additional volume is likely... Published 16 Dec, 2024 10:48am
Markets Palm rebounds on stronger rival Dalian oils, weaker ringgit KUALA LUMPUR: Malaysian palm oil futures rebounded on Monday, following a recovery in rival Dalian oils and weakness... Published 16 Dec, 2024 10:45am
Business & Finance Moody’s Ratings raises China 2025 GDP forecast to 4.2% from 4.0% HONG KONG: Moody’s Ratings said it had raised China’s 2025 GDP growth forecast to 4.2% from 4.0%, as it expected... Published 16 Dec, 2024 10:43am
Markets Rupee records marginal decline against US dollar Currency settles at 278.17 against the US dollar in inter-bank market Updated 16 Dec, 2024 04:52pm
Markets Historic high: KSE-100 settles above 116,000 as investors anticipate further policy rate cut The Pakistan Stock Exchange (PSX) registered significant gains on Monday as the benchmark KSE-100 Index settled... Updated 16 Dec, 2024 03:56pm
Markets Indian rupee to face renewed pressure as US yields climb MUMBAI: The Indian rupee, having witnessed slight relief late last week, is likely to come under renewed strain on... Published 16 Dec, 2024 09:06am
Markets China new home prices fall at slowest pace in 17 months in Nov BEIJING: China’s new home prices fell at the slowest pace in 17 months, official data showed on Monday, as the... Published 16 Dec, 2024 08:59am
Markets Dollar hovers near 3-week high before Fed; bitcoin tops $105,000 TOKYO: The U.S. dollar hovered close to a three-week peak versus major peers on Monday amid expectations the Federal... Published 16 Dec, 2024 08:53am
BR Research Reforming generation and transmission NEPRA’s latest report exposes Pakistan’s power sector for what it is: a circus of inefficiency. Over 45,000 MW of... Published 16 Dec, 2024 08:51am
BR Research Interview with Usman Asif, Chief Executive Officer, Devsinc ‘I aspire to position Pakistan as a global leader in technology' Usman Asif is the founder and CEO of one of the... Published 16 Dec, 2024 08:47am
Markets Asia wary of Fed rate future, China data disappoints SYDNEY: Asian stock markets were in a wary mood on Monday as surging bond yields challenged equity valuations,... Published 16 Dec, 2024 08:45am
World South Korea court begins review of Yoon impeachment SEOUL: South Korea’s Constitutional Court will begin on Monday reviewing the impeachment of President Yoon Suk Yeol... Published 16 Dec, 2024 08:33am
Markets Oil prices drop on soft Chinese spending data Oil futures dropped from their highest levels in weeks on Monday, pressured by weaker than expected consumer... Updated 16 Dec, 2024 05:12pm
Markets Bitcoin surges above $106,000 on strategic reserve hopes Bitcoin surged to a record high above $106,000 in early Asian trade on Monday, boosted by comments from... Published 16 Dec, 2024 08:14am
Pakistan ‘Artist talk’ organised LAHORE: The Alhamra Modern Art Museum, Cultural Complex, Gulberg III, hosted a thought-provoking artist talk... Published 16 Dec, 2024 07:16am
Pakistan St Patrick’s School presents Charles Dickens’ A Christmas Carol KARACHI: St. Patrick’s School spread the holiday cheer with its annual Christmas program featuring a captivating... Published 16 Dec, 2024 07:04am
Pakistan Siddiqul Farooq passes away ISLAMABAD: A close aide of former Prime Minister Nawaz Sharif, and Pakistan Muslim League (PML-N) senior leader... Published 16 Dec, 2024 07:01am
Pakistan All set for anti-polio drive today ISLAMABAD: The government announced on Sunday that last anti-polio campaign of 2024 will begin today (Monday) across... Published 16 Dec, 2024 06:57am
Pakistan Two die in petrol tank blast HUB: Two labourers lost their lives on Sunday when a petrol tank exploded during welding near the Bhawani Gujjar ... Published 16 Dec, 2024 06:55am
Business & Finance Minister inaugurates Pakistan Lifestyle Furniture Expo 2024 LAHORE: The provincial minister Ramesh Singh Arora inaugurated the 108th edition of (PLFE) Pakistan life style... Published 16 Dec, 2024 06:45am
Pakistan KP govt pays homage to PTI’s ‘martyrs’ PESHAWAR: Khyber Pakhtunkhwa government organised ceremonies to pay homage to ‘PTI’s martyrs of D-Chowk’ here... Published 16 Dec, 2024 06:43am
Pakistan Solidarity with APS Peshawar martyrs: Islamabad schools to remain closed today ISLAMABAD: To express solidarity with the martyrs of 2014 Army Public School (APS) Peshawar tragedy, the government... Published 16 Dec, 2024 06:41am
Pakistan The Weather KARACHI: The weather report on Sunday (December 15, 2024) and the forecast for Monday (December 16, 2024)... Published 16 Dec, 2024 06:08am
World Oil spills into Kerch Strait after Russian tanker breaks apart in storm MOSCOW: A Russian oil tanker carrying thousands of tonnes of oil products split apart during a heavy storm on ... Published 16 Dec, 2024 06:08am
World China eyes negotiations as Trump threatens new tariffs BEIJING: As Donald Trump steps up his tariff threats against China, Beijing is moving to beat the next US president... Published 16 Dec, 2024 06:08am