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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...

Published 12 Dec, 2024 08:31pm

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,...

Published 12 Dec, 2024 07:03pm

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...

Published 12 Dec, 2024 06:15pm

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 06:16pm

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 04:44pm

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

World

Israeli strikes on Gaza kill 35 Palestinians on Thursday

CAIRO: At least 35 Palestinians were killed early on Thursday in Israeli bombings of various areas in the Gaza...

Published 12 Dec, 2024 02:02pm

Markets

Saudi Arabia tenders for estimated 595,000 tons wheat

HAMBURG: Saudi Arabia’s state purchasing agency, the General Food Security Authority (GFSA), has issued an...

Published 12 Dec, 2024 01:47pm

Markets

ECB to cut interest rates again, signal further easing as growth falters

FRANKFURT: The European Central Bank is all but certain to cut interest rates again on Thursday and signal further...

Published 12 Dec, 2024 01:40pm

Markets

South African rand sees tailwind from local inflation and retail data

JOHANNESBURG: The South African rand extended gains against the dollar on Thursday, supported by subdued local...

Published 12 Dec, 2024 01:31pm

Pakistan

Haleon Pakistan plans to manufacture Centrum multivitamins

KARACHI: Haleon Pakistan plans to start manufacturing multivitamin brand Centrum in the country for domestic sales...

Updated 12 Dec, 2024 07:48pm

Markets

Gold price per tola gains Rs2,300 in Pakistan

Gold prices in Pakistan registered a notable gain on Thursday in line with their increase in the international rate....

Updated 12 Dec, 2024 05:14pm

Markets

Palm trades low on sell-off, tracks weakness in soyoil at Chicago

JAKARTA: Malaysian palm oil futures extended losses in heavy morning trade on Thursday, tracking weakness in rival...

Published 12 Dec, 2024 12:01pm

Markets

India bond yields rise in lead up to domestic inflation data

MUMBAI: Indian government bond yields rose on Thursday, tracking a rally in U.S. rates, while awaiting data that...

Published 12 Dec, 2024 11:59am

World

Israel, Palestinians explore Gaza truce with US envoy on Mideast shuttle mission

JERUSALEM/CAIRO: Israelis and Palestinians are signaling new efforts to forge a ceasefire deal, even a limited one,...

Published 12 Dec, 2024 11:51am

Markets

Aurangzeb says Pakistan economy’s issues have been addressed

In address at Islamic capital markets conference, finance minister says country committed towards raising infrastructure finance through Shariah-compliant bonds

Updated 12 Dec, 2024 07:46pm

Markets

JGB yields fall as BOJ rate hike bets recede

TOKYO: Japanese government bond yields fell across the curve on Thursday due to receding expectations that the Bank...

Published 12 Dec, 2024 11:38am

Business & Finance

IGI Investments eyes 40.63% stake in Mitchell’s Fruit Farms Limited

IGI Investments (Private) Limited has expressed its intent to acquire a substantial stake in Mitchell’s Fruit Farms...

Updated 12 Dec, 2024 07:47pm

World

US announces first Israeli withdrawal from Lebanon under ceasefire deal

WASHINGTON: Israeli forces conducted a first withdrawal from a town in south Lebanon and were replaced by the...

Published 12 Dec, 2024 11:29am

World

54 journalists killed in 2024, a third by Israel

PARIS: Fifty-four journalists were killed worldwide while carrying out their work or because of their profession in...

Published 12 Dec, 2024 11:04am

Markets

Australian dollar lifted from lows by strong jobs data

SYDNEY: The Australian dollar got a much-needed fillip on Thursday after surprisingly strong jobs data pushed back...

Published 12 Dec, 2024 10:57am

Markets

Gold eases on profit taking after scaling more than one-month peak

Gold slipped on Thursday as investors booked profits after prices hit more than one-month high earlier in the day on...

Published 12 Dec, 2024 10:52am

Markets

Iron ore pares losses ahead of key Beijing economic meeting

SINGAPORE: Iron ore futures prices rebounded from the previous session’s losses on Thursday, as investors awaited...

Updated 12 Dec, 2024 01:49pm

World

South Korean President Yoon vows to ‘fight to the end’

SEOUL: South Korean President Yoon Suk Yeol on Thursday lashed out at his political opponents as “anti-state...

Published 12 Dec, 2024 10:47am

Markets

Rupee records marginal decline against US dollar

Currency settles at 278.23 against greenback inter-bank market

Updated 12 Dec, 2024 06:11pm

Markets

Copper edges up on China stimulus hopes

NEW DELHI: London copper prices nudged higher on Thursday amid expectation of stimulus measures from top consumer...

Published 12 Dec, 2024 10:37am

Markets

Yuan pressured by depreciation expectations; long-term yields fall to record lows

HONG KONG: The yuan came under renewed pressure against the dollar on Thursday, giving up some initial gains as...

Published 12 Dec, 2024 10:30am

Markets

South Korean won pares early gains as President Yoon refuses to step down

KOSPI closed up 39.61 points, or 1.62%, at 2,482.12

Updated 12 Dec, 2024 01:28pm

Markets

Record-breaking stock rally: KSE-100 settles above 114,000 after 3,370-point gain

Positive macroeconomic indicators, rate cut expectations and liquidity towards stock market driving bullish momentum

Updated 12 Dec, 2024 07:08pm

Markets

Japan rubber futures slip on shaky Chinese economic outlook; eyes on key Beijing meeting

SINGAPORE: Japanese rubber futures dropped on Thursday, pressured by uncertain economic prospects for top consumer...

Updated 12 Dec, 2024 01:43pm

Markets

Asia stocks rally on Fed cut bets; Aussie jumps on jobs data

TOKYO: Asian stocks gained on Thursday, tracking Wall Street’s tech-led rally overnight after an as-expected reading...

Published 12 Dec, 2024 10:22am

Markets

Indian rupee slips to record low but central bank steps in to curb losses

MUMBAI: The Indian rupee declined to its all-time low on Thursday, pressured by dollar bids in the non-deliverable...

Published 12 Dec, 2024 10:18am

Markets

Australia shares hit 3-week closing low; markets pare Feb rate-cut bets after local jobs data

Australian shares finished at a three-week closing low on Thursday after a sharp decline in unemployment pushed...

Updated 12 Dec, 2024 11:54am

Markets

Nikkei logs 2-month closing high after US data boosts Fed rate cut bets

TOKYO: Japan’s Nikkei share averagefinished at a two-month closing high on Thursday, tracking Wall Street’s...

Updated 12 Dec, 2024 01:25pm

Markets

Indian shares settle lower as caution ahead of inflation data dulls IT rally

Indian shares fell on Thursday, weighed by a retreat in all sectors, barring information technology, on caution...

Updated 12 Dec, 2024 03:21pm

Markets

China, HK stocks end higher ahead of possible policy moves at key Beijing meet

SHANGHAI: China and Hong Kong stocks closed up on Thursday as investors awaited the outcome of a key economic policy...

Updated 12 Dec, 2024 02:20pm

Markets

Dollar holds steady despite rate cut bets; Aussie rises after jobs data

TOKYO: The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the previous session,...

Published 12 Dec, 2024 10:04am

Markets

Oil little changed as IEA surplus forecast offsets rate cut optimism

LONDON: Oil prices were little changed on Thursday as a forecast for ample supply in the oil market offset optimism...

Updated 12 Dec, 2024 07:43pm

BR Research

Discos: Dancing to the tune of inefficiency

NEPRA’s FY24 Performance Evaluation Report is out, and the results are depressingly predictable. Pakistan’s power...

Published 12 Dec, 2024 08:42am

BR Research

Forget FY24

In 2021, buckling under the pressure of a rising import bill, soaring inflation, and shrinking reserves, the State...

Published 12 Dec, 2024 08:37am

BR Research

Pakistan Services Limited

Pakistan Services Limited (PSX: PSEL) was incorporated in Pakistan as a public limited company in 1958. The company...

Published 12 Dec, 2024 08:32am

Business & Finance

12 major Chinese firms visit various sites of Dhabeji SEZ

KARACHI: A delegation of 12 major Chinese companies, accompanied by Special Assistant to the Chief Minister of Sindh...

Published 12 Dec, 2024 07:43am

Pakistan

40th SAARC Charter Day Celebration: South Asian leaders and business delegates unite for regional collaboration

ISLAMABAD: A high level delegation of South Asian leaders and business representatives led by Md. Jashim Uddin,...

Published 12 Dec, 2024 07:41am

Pakistan

Uplift schemes: Centre, KP agree to expedite pace of work

PESHAWAR: Chairman of the Prime Minister Inspection Commission, Brigadier Muzaffar Ali Ranjha (R) called on Chief...

Published 12 Dec, 2024 07:39am

Pakistan

Japan announces new $3.1m grant for oral polio vaccines

ISLAMABAD: The Government of Japan has announced a new $3.1 million grant to procure essential oral polio vaccines ...

Published 12 Dec, 2024 07:36am

Pakistan

ASF foils drug smuggling attempt

KARACHI: Airport Security Force (ASF) on Wednesday claimed to have foiled a drug smuggling attempt at Karachi...

Published 12 Dec, 2024 07:34am

Pakistan

Drought warning for several parts of southern region issued

KARACHI: The Met Office on Wednesday issued a drought warning for several parts of the country’s southern region,...

Published 12 Dec, 2024 07:32am

Pakistan

PTI chairman addresses NA, demands govt provide justice to party

ISLAMABAD: With call to form an independent high-powered judicial commission to probe into May 9 and November 26...

Published 12 Dec, 2024 07:32am

Pakistan

‘Missing’ PTI workers: ‘We don’t know whether they are alive or dead,’ Shibli tells Senate

ISLAMABAD: The D-Chowk debacle has resonated in the upper house of the Parliament too — with Pakistan...

Published 12 Dec, 2024 07:27am

Markets

Minister seeks presentation on Discos’ sell-off plan

ISLAMABAD: Federal Minister for Privatization Abdul Aleem Khan on Wednesday directed the Ministry of Power to ...

Published 12 Dec, 2024 07:25am

Pakistan

IHC issues notice to ECP on Naqvi’s nomination papers for Senate polls

ISLAMABAD: The Islamabad High Court (IHC) issued notice to the Election Commission of Pakistan (ECP) in response to ...

Published 12 Dec, 2024 07:24am

Business & Finance

SUVs/EVs: FBR chairman briefs Senate body on chargeability of FED

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Wednesday informed that Ministry of ...

Published 12 Dec, 2024 07:23am

Pakistan

PM offers condolences over death of Speaker Sadiq’s sister

ISLAMABAD: Prime Minister Shehbaz Sharif expressed condolences with Speaker Sardar Ayaz Sadiq on the death of his...

Published 12 Dec, 2024 07:20am

Business & Finance

There’s improvement in overall business confidence: OICCI

KARACHI: Better economic growth, improvement in exchange rate and decline in inflation have contributed to the...

Published 12 Dec, 2024 07:15am

Business & Finance

‘4pc reduction in inflation should be announced in new monetary policy’

KARACHI: Hanif Lakhani, former senior vice president of the Karachi Chamber of Commerce and Industry (KCCI) and...

Published 12 Dec, 2024 06:42am

Pakistan

Consumer Health Expo estimated to generate $20m in deals

KARACHI: The 10th edition of the Beauty, Fitness, Consumer Health Expo and ICPF (Household & Stationery ...

Published 12 Dec, 2024 06:40am

Pakistan

Court Elahi last opportunity to appear for indictment

LAHORE: A special court for anti-corruption on Wednesday expressed its serious displeasure over the continuous...

Published 12 Dec, 2024 06:40am

Pakistan

ATC extends physical remand of 9 PTI workers

ISLAMABAD: The Anti-Terrorism Court (ATC) on Wednesday extended the physical remand of nine Pakistan Tehreek-e-Insaf...

Published 12 Dec, 2024 06:40am

Pakistan

Ayaz advocates more connectivity, fostering co-operation among legislatures

ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq said that enhancing connectivity and fostering close...

Published 12 Dec, 2024 06:32am

Pakistan

CM’s Skilled Punjab Programme launched

LAHORE: Aligned with the Chief Minister of Punjab, Maryam Nawaz Sharif’s mission, the Punjab Skills Development...

Published 12 Dec, 2024 06:29am

Pakistan

The Weather

KARACHI: The weather report on Wednesday (December 11, 2024) and the forecast for Thursday (December 12, 2024)...