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Business & Finance

Cash-strapped PIA approves salary increase for employees

The Board of Directors of Pakistan International Airlines (PIA) on Friday gave principle approval for cadre-wise...

Updated 07 Feb, 2025 03:10pm

Life & Style

‘Social Network’ star Eisenberg slams Zuckerberg as ‘obsessed with power’

PARIS: Hollywood star Jesse Eisenberg, who played Mark Zuckerberg in 2010 hit ‘The Social Network’, told AFP the...

Published 07 Feb, 2025 02:30pm

Markets

Pakistan to renegotiate Qatar LNG deal amid high costs, paper says

KARACHI: Pakistan will renegotiate a liquefied natural gas (LNG) supply pact with Qatar, seeking better terms, The...

Published 07 Feb, 2025 02:25pm

Markets

South African rand steady as president promises reforms

JOHANNESBURG: South Africa’s rand was steady in early trading on Friday, after President Cyril Ramaphosa said his...

Published 07 Feb, 2025 02:22pm

Markets

European shares flat ahead of US payrolls data

European shares were largely flat on Friday, following a record close in the previous session, as investors awaited...

Published 07 Feb, 2025 02:20pm

World

India says 420 million pilgrims have visited Hindu mega-festival

NEW DELHI: India’s government said on Friday that more than 420 million pilgrims have ritually bathed at the world’s...

Published 07 Feb, 2025 01:55pm

Business & Finance

Pakistan’s Citi Pharma to venture into real estate sector

Citi Pharma Limited (CPHL), a Pakistani pharmaceutical company, has decided to venture into the real estate sector...

Published 07 Feb, 2025 01:54pm

Business & Finance

Turkiye raises year-end inflation forecast

ISTANBUL: Turkiye central bank on Friday increased its year-end inflation forecast to 24 percent from 21 percent....

Published 07 Feb, 2025 01:44pm

World

Bangladesh asks India to stop former PM Hasina from making ‘false statements’

DHAKA: Bangladesh has asked India to stop ousted former Prime Minister Sheikh Hasina from making “false and...

Published 07 Feb, 2025 01:38pm

Markets

London copper set for best week in more than four months on softer dollar

Base metals rose on Friday, with London copper set for its best week in more than four months on a softer dollar and...

Published 07 Feb, 2025 12:39pm

Sports

Movie night cut short, India’s Iyer puts up a show against England

NAGPUR: India’s middle order batter Shreyas Iyer had to cut short a movie night and turn in earlier than planned on...

Published 07 Feb, 2025 12:15pm

Technology

ABB to launch share buyback program on February 10

ZURICH: ABB will launch its new share buyback program of up to $1.5 billion on February 10, which would be up to...

Published 07 Feb, 2025 12:11pm

Markets

South Korea’s KFA Busan bought 63,000 T corn in private deal, traders say

HAMBURG: The Korea Feed Association (KFA) in South Korea purchased an estimated 63,000 metric tons of animal feed...

Published 07 Feb, 2025 12:10pm

World

Kremlin says Russia and US have not yet begun to discuss a possible Putin-Trump meeting, Ifax says

MOSCOW: Russia and the US have not yet begun to discuss a possible meeting between Russian President Vladimir Putin...

Published 07 Feb, 2025 12:08pm

Markets

JGB yields hit fresh multi-year highs on BOJ rate-hike bets

TOKYO: Japan’s government bond yields hit fresh multi-year highs on Friday on bets that the Bank of Japan (BOJ) may...

Published 07 Feb, 2025 12:05pm

World

Trump’s Ukraine envoy Kellogg discussed visit, battlefield, Zelenskiy aide says

KYIV: Ukrainian President Volodymyr Zelenskiy’s chief of staff said on Friday he discussed approaching meetings and...

Published 07 Feb, 2025 12:04pm

Markets

South Korean shares end lower on caution ahead of US jobs data

KOSPI closed down 14.83 points, or 0.58%, at 2,521.92

Published 07 Feb, 2025 12:01pm

Sports

Liverpool ‘too good’ for sorry Spurs, says Postecoglou

LIVERPOOL: Tottenham boss Ange Postecoglou conceded his under-strength squad were no match for a rampant Liverpool...

Published 07 Feb, 2025 11:56am

Business & Finance

Bank Alfalah posts Rs39.9bn profit in 2024

Bank Alfalah saw its consolidated profit jump to Rs39.9 billion during the year ended December 31, 2024, which is...

Published 07 Feb, 2025 11:49am

Sports

Wyndham Clark grabs one-shot lead at Phoenix Open

LOS ANGELES: Former US Open champion Wyndham Clark fired seven birdies in a seven-under par 64 to take a one-shot...

Published 07 Feb, 2025 11:42am

World

US lawmakers introduce bill to ban DeepSeek from govt devices

WASHINGTON: US lawmakers on Thursday brought forth a bill to ban Chinese artificial intelligence program DeepSeek...

Published 07 Feb, 2025 11:38am

Sports

Australia 85-2 after Sri Lanka strike early in second Test

GALLE: Sri Lanka grabbed two early wickets but Steve Smith and Usman Khawaja steadied the ship as Australia reached...

Updated 07 Feb, 2025 01:47pm

World

Iran condemns new US sanctions as ‘illegal’ and ‘unjustified’

TEHRAN: Iran on Friday condemned as “illegal” and “unjustified” new financial sanctions by the United States that...

Published 07 Feb, 2025 11:32am

Markets

Another cobalt bust but this time it’s different

LONDON: The cobalt market is no stranger to boom and bust cycles but the current downturn is unprecedented and...

Published 07 Feb, 2025 11:27am

Technology

Amazon shares drop as cloud growth, sales forecast lag

Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer’s cloud computing unit...

Published 07 Feb, 2025 11:22am

Sports

Top seed Carlos Alcaraz cruises in Rotterdam

Top seed Carlos Alcaraz overpowered Italian qualifier Andrea Vavassori 6-2, 6-1 in just over an hour on Thursday in...

Published 07 Feb, 2025 11:17am

Markets

KSE-100 sheds nearly 500 points after initial gains

After an initial bout of positive momentum, selling pressure returned to the Pakistan Stock Exchange (PSX), with the...

Updated 07 Feb, 2025 02:46pm

Sports

England will not boycott Afghanistan match at Champions Trophy, says ECB chair

England will play their Champions Trophy match against Afghanistan later this month, England’s cricket board (ECB)...

Published 07 Feb, 2025 11:13am

Sports

Andreescu delays comeback after appendectomy

Former U.S. Open champion Bianca Andreescu will delay her start of the 2025 season after undergoing an emergency...

Published 07 Feb, 2025 11:10am

Life & Style

George Clooney admits to nerves ahead of Broadway debut

NEW YORK: Acclaimed film and television actor George Clooney previewed his upcoming Broadway debut in “Good Night,...

Published 07 Feb, 2025 11:07am

Life & Style

Kendrick Lamar says storytelling will be at the heart of Super Bowl halftime show

NEW ORLEANS: Kendrick Lamar said fans can expect to hear the tale of his rise from humble beginnings to rap...

Published 07 Feb, 2025 11:04am

World

Bodies of migrants recovered in two locations in Libya, security and Red Crescent say

BENGHAZI: At least 29 bodies of migrants have been recovered in two locations in the southeast and west of Libya, a...

Published 07 Feb, 2025 11:01am

Business & Finance

India’s central bank delivers first rate cut in nearly 5 years

MUMBAI: The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to...

Published 07 Feb, 2025 10:54am

World

US judge accuses Trump of ignoring rule of law to curb birthright citizenship

A federal judge in Seattle on Thursday accused Donald Trump of ignoring the rule of law for political and personal...

Published 07 Feb, 2025 10:51am

Markets

China, HK stocks poised to end week higher, buoyed by AI rally

SHANGHAI: China and Hong Kong stocks rose on Friday and were set to end the week higher, led by a strong performance...

Published 07 Feb, 2025 10:46am

World

Marco Rubio to visit Middle East after Trump proposal for US to take over Gaza

WASHINGTON: US Secretary of State Marco Rubio will visit Israel and Arab states in mid-February, a State Department...

Published 07 Feb, 2025 10:44am

Pakistan

Pakistan’s economic stability improves, but IMF & structural reforms remain crucial: Fitch

Securing sufficient external financing remains a challenge, rating agency says

Updated 07 Feb, 2025 02:26pm

Markets

Yuan slips as investors focus on Sino-US trade relations

SHANGHAI: China’s yuan slipped against the dollar on Friday, with investors cautiously monitoring developments in...

Published 07 Feb, 2025 10:39am

Markets

Wheat hits 4-month high as supply fears trigger short-covering

CANBERRA: Chicago wheat futures on Friday climbed to their highest since October, as fears that cold weather in the...

Published 07 Feb, 2025 10:37am

Markets

Australia, NZ dollars fight to keep rally alive after wild week

SYDNEY: The Australian and New Zealand dollars were weathering a bad case of whiplash on Friday having rallied from...

Published 07 Feb, 2025 10:34am

Markets

Gold and energy stocks push Australian shares lower

Australian shares inched lower on Friday, dragged down by energy and gold stocks, although losses were limited due...

Published 07 Feb, 2025 10:31am

Markets

Dalian iron ore hits 4-month high on recovering steel demand

SINGAPORE: Iron ore futures prices hit a four-month high on Friday and were set for weekly gains, as steel demand in...

Published 07 Feb, 2025 10:29am

Markets

Indian bond yields flat, traders eye central bank guidance

MUMBAI: Indian government bond yields were largely unchanged in early trading on Friday, with market participants...

Published 07 Feb, 2025 10:27am

Markets

Japan’s Nikkei trades lower as strong yen hurts appetite

TOKYO: Japan’s Nikkei share average fell on Friday as a stronger yen dampened appetite. However, investors scooped...

Published 07 Feb, 2025 10:25am

Markets

Intra-day update: rupee registers marginal improvement against US dollar

Currency hovers at 278-279 level in inter-bank market

Published 07 Feb, 2025 10:22am

Pakistan

Palestine, Kashmir issues: UK can play significant role in peaceful resolution: Syedaal Khan

ISLAMABAD: The United Kingdom can play a significant role in the peaceful resolution of Palestine and Kashmir ...

Published 07 Feb, 2025 08:48am

World

Israel says it struck two Hezbollah targets in Lebanon

OCCUPIED JERUSALEM: Israel said late Thursday it had struck two sites in Lebanon that allegedly contained weapons...

Updated 07 Feb, 2025 11:52am

Pakistan

Honhaar Scholarship Programme expanded into other provinces

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has also approved ‘Honhaar Scholarship Scheme’ for the ...

Published 07 Feb, 2025 08:39am

Pakistan

JI terms Feb 8 ‘darkest day’ in the history of country

LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem-ur-Rehman has declared February 8 as the darkest day in country’s...

Published 07 Feb, 2025 08:37am

Pakistan

Burials for 13 migrants drowned off Africa begin

MIRZA VIRKAN: A Pakistani who drowned along with 12 compatriots when a boat carrying dozens of migrants capsized off...

Published 07 Feb, 2025 08:36am

Markets

Gold set for sixth successive weekly gain; US payrolls report looms

Gold prices rose on Friday, hovering near record-high levels and set for a sixth successive weekly gain, as trade...

Published 07 Feb, 2025 08:36am

Markets

Indian shares set to open higher ahead of central bank policy decision

Indian shares are set to open higher on Friday, ahead of the Reserve Bank of India’s (RBI) monetary policy decision,...

Published 07 Feb, 2025 08:33am

Pakistan

‘Genetically modified crops vital to resolving food security challenges’

FAISALABAD: In the face of food security challenges in the developing world, genetically modified crops are the need...

Published 07 Feb, 2025 08:31am

Pakistan

LHC informed: Permission for Aurat March granted

LAHORE: The Lahore High Court was informed on Thursday that the deputy commissioner Lahore granted permission for ...

Published 07 Feb, 2025 08:29am

Pakistan

Ramzan Sugar Mills case: Maryam expresses gratitude over acquittal of PM, Hamza

LAHORE: “Alhamdulillah, Allah Almighty has vindicated us, we are grateful to Him,” said Chief Minister Punjab...

Published 07 Feb, 2025 08:27am

World

IMF says too early for precise analysis on Trump tariff impact

TOKYO: It is too early for any precise analysis of the consequences of higher U.S. tariffs against other countries,...

Published 07 Feb, 2025 08:25am

Business & Finance

SECP launching ‘same-day’ account opening initiative for corporates

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the State Bank of...

Published 07 Feb, 2025 08:24am

Business & Finance

BOJ’s fresh take on labour crunch opens door for more rate hikes

TOKYO: The Bank of Japan is increasingly blaming chronic labour shortages, not stagnant demand, as the main reason...

Published 07 Feb, 2025 08:23am

Pakistan

Prince Rahim Aga Khan V named 50th hereditary Imam

LISBON, (Portugal): Prince Rahim Al-Hussaini Aga Khan V was today named the 50th hereditary Imam (spiritual leader)...

Published 07 Feb, 2025 08:20am

Business & Finance

Trump meets U.S. Steel CEO to discuss deal with Nippon Steel

WASHINGTON: President Donald Trump met U.S. Steel Chief Executive David Buritt at the White House on Thursday as the...

Published 07 Feb, 2025 08:20am

Pakistan

CPA Asia, South-East Asia Regions: Punjab PA set to host first-ever Joint ‘Conference of Parliaments’

LAHORE: Under the visionary leadership of Speaker Punjab Assembly Malik Muhammad Ahmad Khan, the Provincial Assembly...

Published 07 Feb, 2025 08:19am

Markets

Indian rupee to hold near record low in lead up to central bank rate decision

MUMBAI: The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank...

Published 07 Feb, 2025 08:16am

Technology

Tesla raises prices of Model X cars in US by $5,000

Tesla raised the prices of its Model X cars in the United States by $5,000 on Thursday, according to its website....

Published 07 Feb, 2025 08:13am

Pakistan

Bridge construction: NA’s IPC panel directs CSs, other officials to file report

ISLAMAABD: The National Assembly’s Standing Committee on Inter-Provincial Coordination (IPC) directed the chief...

Published 07 Feb, 2025 08:10am

Business & Finance

IMF warns Japan of spillovers from rising foreign market volatility

TOKYO: Japan should be on alert for any spillover effects from rising foreign market volatility that could affect...

Published 07 Feb, 2025 08:10am

Markets

Yen marches higher on rate hike bets; US jobs data in focus

TOKYO: The yen climbed to a nine-week high as market players piled on bets for more interest rate hikes in Japan...

Published 07 Feb, 2025 08:06am

Pakistan

Funeral of Karim Aga Khan: Govt announces ‘Day of Mourning’

ISLAMABAD: The government of Pakistan on Thursday announced a day of mourning on February 8 – on the occasion of...

Published 07 Feb, 2025 08:05am

Pakistan

PM to perform opening ceremony of upgraded Gaddafi Stadium today

LAHORE: The Pakistan Cricket Board (PCB) is set to welcome cricket fans with a spectacular opening ceremony on...

Published 07 Feb, 2025 08:01am

Markets

Oil set for third straight weekly decline amid tariff concerns

SINGAPORE: Oil prices rose marginally in Asian trade on Friday but were on track for a third straight week of...

Updated 07 Feb, 2025 02:29pm

Markets

Asia stocks tick up as traders eye US payrolls data; yen at 2-month high

NEW YORK/SINGAPORE: Asian stocks inched up on Friday ahead of key U.S. payrolls data as investors considered...

Published 07 Feb, 2025 07:58am

BR Research

Falling inflation, rising misery

The recent drop in Pakistan’s inflation rate from a jaw-dropping 38 percent in May 2023 to a nine-year low of 2.4...

Published 07 Feb, 2025 07:57am

World

Ukrainian children forcibly taken from their families brought home, official says

Eight Ukrainian children seized from their families by officials in the Russia-annexed and controlled Crimea...

Published 07 Feb, 2025 07:54am

BR Research

Sana Industries Limited

Sana Industries Limited (PSX: SNAI) was incorporated as a public limited company in 1985. The principal activity of...

Published 07 Feb, 2025 07:52am

World

Egypt signs $3bn LNG deals with Shell and TotalEnergies

LONDON: Egypt has signed deals worth about $3 billion with Shell and TotalEnergies to secure 60 cargoes of liquefied...