Markets Euro zone yields steady as light calendar leaves focus on Nvidia LONDON: Euro zone bond yields were little changed on Wednesday after rising the previous day, as a light economic... Published 28 Aug, 2024 01:32pm
Markets JGB rises as BOJ official reiterates readiness to raise rates TOKYO: Japanese government bond yields rose on Wednesday as a senior Bank of Japan (BOJ) official reiterated the... Published 28 Aug, 2024 01:29pm
Markets Tech, insurance stocks lift STOXX 600 to over one-month high European shares hit a more-than-one-month high on Wednesday, boosted by technology stocks ahead of Nvidia’s results... Published 28 Aug, 2024 01:23pm
Business & Finance Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup SEOUL: Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 million vehicles by 2030, up 30%... Published 28 Aug, 2024 01:21pm
Markets FTSE 100 edges up led by pharmaceuticals, insurers UK’s main FTSE 100 stock index opened slightly up on Wednesday led by pharmaceuticals and insurers, with the market... Published 28 Aug, 2024 01:19pm
Markets Russian rouble flat but set to weaken as tax payments end MOSCOW: The Russian rouble was flat against the US dollar on Wednesday but was set to weaken in the coming days... Published 28 Aug, 2024 01:15pm
Markets South African rand slips ahead of domestic data releases JOHANNESBURG: The South African rand slipped early on Wednesday, ahead of economic data releases towards the end of... Published 28 Aug, 2024 01:13pm
Business & Finance Faysal Bank’s profit surges 60%, clocks in at Rs7bn in Apr-June Faysal Bank declared a consolidated profit after tax of Rs6.95 billion for the quarter ended June 30, 2024, nearly... Updated 28 Aug, 2024 01:36pm
World UK’s Starmer in Germany for first bilateral trip as PM BERLIN: UK Prime Minister Keir Starmer meets with German Chancellor Olaf Scholz in Berlin on Wednesday to discuss a... Published 28 Aug, 2024 12:26pm
World South Asia air pollution fell in 2022, but remains major killer: report BANGKOK: A surprise improvement in air quality in South Asia in 2022 drove a decline in global pollution, with... Published 28 Aug, 2024 12:04pm
World Ten Palestinians killed in Israeli operation in West Bank: Red Crescent NABLUS: Ten Palestinians were killed in Israeli raids and strikes in several towns in the north of the occupied West... Published 28 Aug, 2024 12:00pm
World Vietnam to send its swine fever vaccine to Philippines HANOI: Vietnam will send 150,000 doses of its African swine fever vaccine to the Philippines on Thursday, state... Published 28 Aug, 2024 11:56am
Business & Finance April-June: PTCL sustains Rs3.4bn in losses as finance cost bites Pakistan Telecommunication Company Limited (PTCL), the country’s telecom and ICT services provider, sustained... Published 28 Aug, 2024 11:56am
World Japan braces for Typhoon Shanshan, heavy rain and strong winds forecast TOKYO: Japan on Wednesday braced for Typhoon Shanshan, with heavy rain and strong winds forecast, forcing airlines... Published 28 Aug, 2024 11:52am
Markets Global aluminium producer seeks Q4 Japan premium of $185/T, sources say TOKYO: A global aluminium producer has offered Japanese buyers a premium of $185 per metric ton for October-December... Published 28 Aug, 2024 11:48am
Markets Australia dollar hits 8-month highs, aided by inflation data SYDNEY: The Australian and New Zealand dollars hovered near eight-month peaks on Wednesday as local inflation data... Published 28 Aug, 2024 11:44am
Sports Jannik Sinner stumbles, then steps on gas in US Open first round Top-seeded Jannik Sinner surprisingly dropped his first set of the US Open before rallying for a 2-6, 6-2, 6-1, 6-2... Published 28 Aug, 2024 11:40am
Sports Former champion Emma Raducanu loses to Kenin in US Open first round NEW YORK: An emotional Emma Raducanu said she should have got more matches under her belt ahead of the US Open after... Published 28 Aug, 2024 11:33am
Sports Naomi Osaka upsets 10th seed Jelena Ostapenko in US Open return Naomi Osaka put on a vintage display in her return to the US Open as she took down No. 10 seed Jelena Ostapenko 6-3,... Published 28 Aug, 2024 11:31am
World Protesters block train tracks, buses in eastern India KOLKATA: Protesters blocked train tracks, stopped buses and shouted slogans in the eastern Indian state of West... Published 28 Aug, 2024 11:28am
Sports Carlos Alcaraz relishing ‘intense’ rivalry with Djokovic NEW YORK: Carlos Alcaraz said he enjoys a good friendship with Novak Djokovic away from the court but the Spaniard... Published 28 Aug, 2024 11:22am
Business & Finance Toyota to suspend operations of all Japan plants due to Typhoon Shanshan, Nikkei reports TOKYO: Toyota Motor will suspend operations of all 14 plants in Japan due to the approaching Typhoon Shanshan, from... Published 28 Aug, 2024 11:18am
World Ukraine drones set oil depot ablaze in Russia’s Rostov region, Telegram channels say Ukrainian drones set oil tanks on fire at an depot in Russia’s Rostov region, Russian Telegram channels reported on... Published 28 Aug, 2024 11:13am
Markets Intra-day update: rupee largely stable against US dollar Currency hovers at 278-279 level in inter-bank market Published 28 Aug, 2024 11:09am
Technology Apple eyes bigger slice of India’s streaming market with Airtel deal BENGALURU: Apple is tying up with India’s Airtel to offer the telecom firm’s premium customers its music and video... Published 28 Aug, 2024 11:04am
Markets Stocks stop short of record peaks as Nvidia earnings loom SINGAPORE: Global stocks were poised near record highs on Wednesday, with the next move riding on results at... Published 28 Aug, 2024 10:52am
Markets Indonesia’s June palm oil exports down 1.88% y/y, GAPKI says JAKARTA: Indonesia’s palm oil exports in June were 3.385 million metric tons, an 1.88% drop from a year earlier,... Published 28 Aug, 2024 10:49am
Markets Soybeans ease from two-week high; corn, wheat down on supply pressure SINGAPORE: Chicago soybean futures slid for the first time in four sessions on Wednesday, after climbing to a... Published 28 Aug, 2024 10:46am
Markets Gold edges down on stronger dollar, market awaits US inflation data Gold prices slipped on Wednesday as the dollar ticked up, while investors awaited a key US inflation report due this... Published 28 Aug, 2024 10:42am
Markets Indian rupee may weaken slightly, tracking peers; RBI, Fed view key MUMBAI: The Indian rupee is expected to open marginally lower on Wednesday, in the wake of a decline in other Asian... Published 28 Aug, 2024 10:32am
Markets India 10-year bond yield holds at 6.85% as traders wait for data MUMBAI: Indian government bond yields moved sideways early on Wednesday as traders bided their time before a slate... Published 28 Aug, 2024 10:28am
Markets Indian shares flat after nine-session rally to near record highs BENGALURU: Indian shares opened little changed on Wednesday, after a nine-session rally that left the benchmark... Published 28 Aug, 2024 10:24am
Markets Japan’s Nikkei edges lower with focus on firmer yen, Nvidia earnings TOKYO: Japan’s Nikkei share average edged lower on Wednesday amid a strengthening yen and caution ahead of earnings... Published 28 Aug, 2024 10:22am
Markets Currencies trade in tight range as market awaits more US rate cues The US dollar held near its lowest level in more than a year against a basket of peers on Wednesday, with sterling... Published 28 Aug, 2024 10:18am
Markets Oil steady after recent losses on demand concerns SINGAPORE: Oil was little changed on Wednesday after a sharp drop in the previous session ended a three-day streak... Updated 28 Aug, 2024 01:27pm
BR Research IMF Board approval: delayed again The IMF program’s board approval continues to face delays. While the staff-level agreement was reached swiftly, with... Published 28 Aug, 2024 08:58am
BR Research Ghandhara Tyre & Rubber Company Limited Ghandhara Tyre & Rubber Company limited (PSX: GTYR) was incorporated in Pakistan as a private limited company in... Updated 28 Aug, 2024 09:16am
World Khamenei urges govt to impose cyberspace controls TEHRAN: Iran’s supreme leader Ayatollah Ali Khamenei on Tuesday urged the new government to impose controls over... Published 28 Aug, 2024 08:23am
Business & Finance High-tech manufacturing spurs China’s July industrial profit growth BEIJING: China’s industrial profits grew faster in July buoyed by high-tech manufacturing, even as sluggish... Published 28 Aug, 2024 08:20am
Business & Finance BMG announces names of candidates for KCCI polls KARACHI: Chairman Businessmen Group (BMG) and former president Karachi Chamber of Commerce & Industry (KCCI)... Published 28 Aug, 2024 08:18am
Pakistan AKU, IBA host dialogue on undergraduate education KARACHI: The Aga Khan University’s Institute for Educational Development (AKU-IED), in partnership with the School... Published 28 Aug, 2024 08:15am
Pakistan Proparco, Karandaaz, PFSL collaborate to enhance gender & climate finance KARACHI: Proparco, Karandaaz Pakistan and Parwaaz Financial Services Limited (PFSL) have entered into a landmark... Published 28 Aug, 2024 08:14am
Pakistan Scott Urbom assumes role as US CG KARACHI: Scott Urbom has officially taken on the role of Consul General at the U.S. Consulate General in Karachi,... Published 28 Aug, 2024 08:10am
Pakistan Deputy Speaker NA adjourns session till Friday ISLAMABAD: The deputy speaker National Assembly Syed Ghulam Mustafa Shah on Tuesday adjourned the house till Friday... Published 28 Aug, 2024 08:08am
Pakistan Strategic communications, outreach: Khadija Shah made lead for PTI’s EAMC ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Tuesday appointed Khadija Shah as its national lead for strategic... Published 28 Aug, 2024 08:06am
Pakistan SAU in collaboration with FAO installs Flux Tower HYDERABAD: In a significant step towards enhancing agricultural research and environmental monitoring, a flux tower... Published 28 Aug, 2024 08:04am
World India police fire tear gas, water cannon at protesters KOLKATA: Police in India fired tear gas and water cannon on Tuesday as they clashed with thousands of protesters... Published 28 Aug, 2024 07:55am
Business & Finance Oman invited to invest in multiple sectors ISLAMABAD: Pakistan on Tuesday invited Oman to invest in agriculture, minerals and information technology under the... Published 28 Aug, 2024 07:53am
Business & Finance Fair trials: ATIR’s overwhelming caseload threatening taxpayers’ rights KARACHI: The Appellate Tribunal Inland Revenue (ATIR) is facing an overwhelming caseload and insufficient resources... Published 28 Aug, 2024 07:51am
Business & Finance APTPMA demands govt reduce gas, electricity tariffs LAHORE: Pakistan’s textile industry teeters on the edge of collapse as skyrocketing electricity and gas prices... Published 28 Aug, 2024 07:49am
Business & Finance Investment opportunities in Punjab: 13 countries’ honorary CGs meet minister LAHORE: Honorary Consul Generals of 13 countries met Provincial Minister for Industries and Commerce Chaudhry Shafay... Published 28 Aug, 2024 07:46am
Pakistan Dubai-based Pakistan swimmer Ahmed Durrani is looking to draw inspiration from Arshad Nadeem’s gold DUBAI: Ahmed Durrani, the Dubai-based Pakistani swimmer, is determined to follow in the footsteps of javelin thrower... Updated 28 Aug, 2024 11:20am
Editorials Poor performance EDITORIAL: Although reports on the dismal state of education in this country appear from time to time, a new one... Published 28 Aug, 2024 06:48am
Editorials Third-party audit EDITORIAL: Prime Minister Shehbaz Sharif while presiding over a meeting on electronic procurement, e-acquisition and... Published 28 Aug, 2024 06:45am
Pakistan The Weather KARACHI: The weather report on Tuesday (August 27, 2024) and the forecast for Wednesday (August 28, 2024)... Published 28 Aug, 2024 06:22am
Pakistan Alhamra premieres ‘Gumnam Rahi’ LAHORE: In collaboration with Kinnaird College Lahore, Alhamra has unveiled the gripping theatre play “Gumnam... Published 28 Aug, 2024 06:22am
Sports Rawalpindi Cricket Stadium: students allowed free entry LAHORE: The Pakistan Cricket Board (PCB) has announced free entry for students for the second Test match between... Published 28 Aug, 2024 06:22am
Pakistan Journalist shot dead in Ghotki GHOTKI: The police reported that the accused killed the journalist and fled the scene in Sindh Gothki district. The... Published 28 Aug, 2024 06:22am
Pakistan Commodore Khalid promoted ISLAMABAD: Commodore Muhammad Khalid of the Pakistan Navy has been promoted to the rank of Rear Admiral with... Published 28 Aug, 2024 06:22am
Pakistan Federal, Balochistan govts take stock of situation, mull steps QUETTA: Interior Minister Mohsin Naqvi on Tuesday assured Balochistan Chief Minister Sarfraz Bugti that the federal... Published 28 Aug, 2024 06:22am
Pakistan Minister briefed about IESCO affairs ISLAMABAD: Minister for Power Sardar Awais Ahmad Khan Leghari along with Secretary Power Dr Muhammad Fakhr-e-Alam... Published 28 Aug, 2024 06:22am
Markets LESCO recovers Rs50m in a day LAHORE: On the directives of Chief Executive Engineer Shahid Hayder, LESCO has intensified its recovery drive ... Published 28 Aug, 2024 06:22am
Pakistan Refresher course on CLMIS for population welfare officers held LAHORE: A refresher course on Centralized Laboratory Management Information System (CLMIS) for capacity-building... Published 28 Aug, 2024 06:22am
Pakistan PHA offers underpasses, pedestrian bridges for advertisements LAHORE: The Parks and Horticulture Authority (PHA) has offered underpasses and overhead pedestrian bridges for... Published 28 Aug, 2024 06:22am
Pakistan Bilal Zulfiqar appointed LWMC chairman LAHORE: The Punjab government has appointed Malik Bilal Zulfiqar Ali Khokhar as the new chairman of the Lahore Waste... Published 28 Aug, 2024 06:22am
Pakistan Senate also adopts ICT LG (Amendment) Bill ISLAMABAD: A day after the National Assembly passed the Islamabad Capital Territory Local Government (Amendment) ... Published 28 Aug, 2024 06:22am
Pakistan SC underscores need for reconsidering laws related to prisoners ISLAMABAD: The Supreme Court said the federal and the provincial governments must reconsider the prisoners’ laws,... Published 28 Aug, 2024 06:22am
Pakistan Ministry yet to finalise National Artificial Intelligence Policy ISLAMABAD: The Ministry of Information Technology and Telecommunication has yet to finalise the National Artificial... Published 28 Aug, 2024 06:22am
Pakistan IMC gifts Toyota Fortuner GRS to Arshad Nadeem KARACHI: The Indus Motor Company (IMC) has presented its top of the line “Make in Pakistan” Toyota Fortuner GRS... Published 28 Aug, 2024 06:22am
Pakistan JI urges trade bodies to support strike KARACHI: Trade associations on Tuesday reaffirmed their support for today’s shutter-down strike against the ... Published 28 Aug, 2024 06:22am
Pakistan Nishan-i-Imtiaz (military) conferred upon General Li of PLA ISLAMABAD: President Asif Ali Zardari has conferred Nishan-i-Imtiaz (Military) upon Commander General Li Qiaoming of... Published 28 Aug, 2024 06:22am
Pakistan Forces hunt militants who killed dozens QUETTA: Forces hunted separatist militants Tuesday who killed dozens when they pulled passengers off buses, blew up ... Published 28 Aug, 2024 06:22am
Pakistan 25 terrorists killed in Tirah valley ISLAMABAD: In a series of intelligence-based operations (IBOs) in Tirah, Khyber district, security forces have... Published 28 Aug, 2024 06:22am
Business & Finance Calculating income tax liability: Tax dept has failed to force bank to offer interest against ‘sticky’ loans LAHORE: The Tax department has failed to force an investment bank to offer the interest against sticky loans for... Published 28 Aug, 2024 06:22am
Business & Finance SBP grants operational licence to Askari Currency Exchange KARACHI: The State Bank of Pakistan (SBP) has issued licence for commencement of operations to “Askari Currency... Published 28 Aug, 2024 06:22am
Print Transfer CPPs to the national grid, suggests PD ISLAMABAD: The Petroleum Division has suggested the government transferring captive power plants to the National... Updated 28 Aug, 2024 08:42am
Pakistan Govt to support bill seeking increase in number of SC judges? ISLAMABAD: The federal government will support a series of legislations of private members to increase the number of... Updated 28 Aug, 2024 09:02am
Print Payment of redemption fine: FBR to allow maximum 50pc depreciation for release of containers ISLAMABAD: The Federal Board of Revenue (FBR) will allow maximum 50 percent depreciation for release of confiscated... Updated 28 Aug, 2024 09:09am
Business & Finance Smuggled vehicles: FBR says there’s no amnesty scheme in the offing ISLAMABAD: It has come to the notice of the Federal Board of Revenue (FBR) that certain rumours are circulating on... Published 28 Aug, 2024 06:22am
Print Senate body calls for forensic audit of IPPs ISLAMABAD: The Senate Functional Committee on Devolution, Tuesday, expressed concerns over functioning of... Updated 28 Aug, 2024 08:41am
Print Cabinet approves Rs20 billion for Azm-e-Istehkam ISLAMABAD: The federal cabinet to tackle the recent terrorist incidents across country has approved Rs20 billion for... Updated 28 Aug, 2024 09:17am
Pakistan PM says attacks aimed at thwarting China cooperation ISLAMABAD: Prime Minister Shehbaz Sharif said on Tuesday that terror groups based in Afghanistan are behind latest... Published 28 Aug, 2024 06:22am
Print FBR to introduce market-level review mechanism ISLAMABAD: The Federal Board of Revenue (FBR) will introduce a market-level review mechanism having representation... Updated 28 Aug, 2024 09:03am
Pakistan Traders in Lahore split? LAHORE: A deepening divide has emerged among trader organizations in Lahore as they wrestle with a nationwide strike... Published 28 Aug, 2024 06:22am
Print Discos, KE domains: Nepra sets up panel to probe Jan-Jun overbilling ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has constituted an investigation committee to... Updated 28 Aug, 2024 09:16am
Print Ministry to clamp down on sugar mills behind price surge ISLAMABAD: The federal government has empowered Ministry of Industries and Production (MoI&P) to take action... Updated 28 Aug, 2024 08:52am
Print Traders stick to guns, go on strike as planned ISLAMABAD: Despite Federal Board of Revenue’s (FBR) assurance to traders’ community to amend the “Tajir Dost Scheme”... Updated 28 Aug, 2024 11:15am
Print Govt received 0.8pc of budgeted non-project aid in July: EAD ISLAMABAD: The government received 0.8 percent of the total budgeted non-project (budget support) assistance by... Updated 28 Aug, 2024 09:14am
Print $8bn CPEC debt re-profiling plan being prepared Power Division will ensure sharing all necessary information with Task Force, which will report to the Steering Committee co-chaired by Minister for Finance and Revenue and Minister for Power Updated 28 Aug, 2024 11:13am
Business & Finance Merger, dissolution of 82 SOEs endorsed ISLAMABAD: The federal cabinet, on Tuesday, took significant steps towards institutional reforms, focusing on... Published 28 Aug, 2024 06:22am
Markets Oil prices fall 2pc on economic worries, technical decline NEW YORK: Oil prices fell about 2% on Tuesday on worries that slower economic growth in the US and China could... Published 28 Aug, 2024 06:22am
Pakistan Rain emergency: Sindh govt ready to deal with any emergency situation: Sharjeel KARACHI: Sindh Senior Minister Sharjeel Inam Memon has announced the possibility of heavy rains across the province... Updated 28 Aug, 2024 08:17am
World White House’s Kirby says US would defend Israel in Iranian attack JERUSALEM: The United States remains committed to defending Israel in any Iranian attack, and was hopeful about a... Published 28 Aug, 2024 12:17am
Markets Two Pakistani startups included in Forbes Asia 100 to Watch 2024 list Two Pakistani startups, DealCart and NayaPay, have made their way to the Forbes list of Asia 100 To Watch 2024.... Published 27 Aug, 2024 10:54pm
World WHO says droplets a ‘minor’ route of mpox transmission GENEVA: The WHO on Tuesday said droplets were a minor route of transmission for mpox compared to physical contact,... Published 27 Aug, 2024 10:31pm
Business & Finance FBR says no plans to offer amnesty scheme to legalise smuggled vehicles The Federal Board of Revenue (FBR) has clarified that there are no plans to offer an amnesty scheme for regularizing... Published 27 Aug, 2024 10:28pm
Markets Moody’s warns of significant ratings impact for Israel from all-out conflict LONDON: An all-out military conflict with Hezbollah or Iran could have significant “credit consequences” for Israeli... Updated 27 Aug, 2024 11:01pm
Markets Federal cabinet approves merger, dissolution of 82 SOEs PM Shehbaz constitutes committee to protect interests of employees to be affected, Ministry of Information and Broadcasting says Published 27 Aug, 2024 10:05pm
World Zelensky says Ukraine used F-16s against Russian air attacks KYIV: Ukrainian President Volodymyr Zelensky said Tuesday that his military deployed Western-supplied F-16 fighter... Published 27 Aug, 2024 08:39pm