Markets Palm falls on weakness of rival Dalian oils KUALA LUMPUR: Malaysian palm oil futures opened lower for a third straight session on Tuesday, tracking weakness in... Published 17 Dec, 2024 11:51am
Markets Copper trades in tight range as investors await Fed rate decision SHANGHAI: Copper prices flitted within a narrow range on Tuesday as traders took a cautious stance ahead of the US... Published 17 Dec, 2024 11:48am
Markets Chevron Australia signs long-term gas supply deal with Alcoa US oil giant Chevron’s Australian unit said on Tuesday it would supply a total of 130 petajoules of gas to aluminium... Published 17 Dec, 2024 11:46am
World China hopes new US administration makes ‘right choices’, foreign minister says BEIJING: China hopes the incoming US administration will make the “right choices” and work with Beijing to eliminate... Published 17 Dec, 2024 11:37am
Markets Iron ore rangebound as lower shipments weigh against soft demand, high stocks BEIJING: Iron ore futures moved in a tight range on Tuesday, as markets weighed slowed shipments against lacklustre... Published 17 Dec, 2024 11:27am
World US hits North Korea and Russia with new sanctions, Treasury says WASHINGTON: The United States hit North Korea and Russia on Monday with new sanctions targeting Pyongyang’s... Published 17 Dec, 2024 11:25am
World Teenage girl shoots dead fellow student and teacher at Wisconsin school A 15-year-old girl opened fire in a Wisconsin school classroom on Monday, fatally shooting a fellow student and a... Published 17 Dec, 2024 11:14am
World Indonesia’s Prabowo to visit Egypt to attend D-8 economic summit JAKARTA: Indonesian President Prabowo Subianto will travel to Egypt on Tuesday to attend meetings of a group of... Published 17 Dec, 2024 11:05am
Technology Trump, SoftBank CEO announce $100 billion US investment, in echo of 2016 event Holland PALM BEACH: President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on... Published 17 Dec, 2024 11:03am
Markets Abu Dhabi’s ADNOC Gas appoints Fatema Al Nuaimi as new CEO DUBAI: Abu Dhabi’s ADNOC Gas said on Tuesday that it has appointed Fatema Al Nuaimi as its new chief executive,... Published 17 Dec, 2024 10:47am
Business & Finance China plans record budget deficit of 4% of GDP in 2025, say sources Chinese leaders agreed last week to raise the budget deficit to 4% of gross domestic product (GDP) next year, its... Published 17 Dec, 2024 10:42am
Markets Intra-day update: rupee registers marginal decline against US dollar Currency hovers at 278-279 level in inter-bank market Published 17 Dec, 2024 10:40am
World Magnitude 7.4 earthquake hits Vanuatu, one reported dead WELLINGTON: An earthquake of magnitude 7.4 struck Vanuatu’s capital Port Vila on Tuesday, damaging buildings and... Published 17 Dec, 2024 10:37am
Markets Sri Lanka’s bondholders sign off on $12.55bn debt overhaul Sri Lanka’s bondholders signed off on the government’s proposal to restructure its $12.55 billion of international... Published 17 Dec, 2024 10:34am
World Bomb kills chief of Russian nuclear protection forces in Moscow MOSCOW: A bomb hidden in an electric scooter killed a senior Russian general in charge of nuclear protection forces... Updated 17 Dec, 2024 11:44am
World India tightens curbs as air pollution turns ‘severe’ NEW DELHI: India has tightened restrictions aimed at helping the public cope with pollution twice in 24 hours for... Published 17 Dec, 2024 10:27am
Technology Alibaba to sell department store chain Intime for $1bn Alibaba Group said on Tuesday that it will sell its department store unit Intime to a consortium comprising of... Published 17 Dec, 2024 10:22am
Sports Nick Kyrgios to team up with Djokovic for Brisbane International doubles Record 24-times Grand Slam champion Novak Djokovic will team up with former Wimbledon finalist Nick Kyrgios to play... Published 17 Dec, 2024 10:20am
Sports Victory coach Patrick Kisnorbo quits to pursue overseas opportunity Patrick Kisnorbo has resigned as Melbourne Victory manager seven games into the new season to pursue an overseas... Published 17 Dec, 2024 10:11am
Markets India bond yields seen little changed, all eyes on Fed decision MUMBAI: Indian government bond yields are expected to be largely unchanged on Tuesday, with the benchmark yield in... Published 17 Dec, 2024 10:08am
Markets Soybeans recover some ground but big Brazilian harvest looms CANBERRA: Chicago soybean futures edged higher on Tuesday after falling in the previous session on... Published 17 Dec, 2024 10:05am
Markets Gold prices steady ahead of Fed policy meeting Spot gold steadied on Tuesday ahead of the Federal Reserve’s policy meeting as the market keenly awaited the US... Published 17 Dec, 2024 10:02am
Markets Australia, kiwi dollars in holding pattern; New Zealand updates budget SYDNEY: The Australian and kiwi dollars were in a holding pattern on Tuesday with their near-term fate dependent on... Published 17 Dec, 2024 10:00am
Markets Banks help Australia shares rebound; miners and energy lag Australian shares ended its five-day losing streak on Tuesday as gains in banks outweighed losses by mining and... Published 17 Dec, 2024 09:57am
Markets China’s yuan hovers around 13-month low as weak data fuels easing bets HONG KONG: China’s yuan held near a 13-month low against the dollar on Tuesday, as traders anticipated additional... Published 17 Dec, 2024 09:55am
Markets China stocks drop to 1-1/2-week low as investors eye more stimulus details SINGAPORE: China and Hong Kong stocks hit their lowest levels in more than a week on Tuesday, as investors were... Published 17 Dec, 2024 09:53am
Markets Japan’s Nikkei rises on Nasdaq strength, weak yen TOKYO: Japan’s Nikkei share average rose on Tuesday, underpinned by the Nasdaq’s gains overnight and a weak yen,... Published 17 Dec, 2024 09:50am
World China extends visa-free transit stays to 10 days HONG KONG: China announced on Tuesday a relaxation of its visa-free transit policy, extending the permitted stay for... Published 17 Dec, 2024 09:48am
Markets Indian rupee trade deficit adds to rupee’s challenges, may open to all-time low MUMBAI: The Indian rupee may slip to an all-time low on Tuesday with the currency, already under pressure from... Published 17 Dec, 2024 09:41am
Markets Indian shares set for muted open; Fed meeting in focus Indian shares will likely open little changed on Tuesday amid caution ahead of the US Federal Reserve’s Dec. 18... Published 17 Dec, 2024 09:40am
Markets Dollar supported as bets on 2025 rate cuts evaporate SINGAPORE: The dollar held firm and near recent peaks on Tuesday, on the eve of an expected interest rate cut in the... Published 17 Dec, 2024 09:38am
Markets Oil prices in holding pattern ahead of Federal Reserve decision BEIJING: Oil prices were range-bound in early Asian trading on Tuesday as investors worried about Chinese demand and... Published 17 Dec, 2024 09:36am
BR Research Should the SBP be procyclical? Inflation isn’t the monster it used to be—at least, not for now. But complacency is dangerous. The central bank’s... Published 17 Dec, 2024 09:04am
BR Research Borrowing without boom Amid a 15 percent decline in domestic demand, considerably limited utilization of existing capacity, and no major... Published 17 Dec, 2024 09:01am
BR Research Aisha Steel Mills Limited Aisha Steel Mills Limited (PSX: ASL) was incorporated in Pakistan in 2005 as a public limited company and started... Published 17 Dec, 2024 08:57am
Business & Finance TPL Properties launches its first sales office in Karachi KARACHI: In a significant milestone, TPL Properties (TPLP) has unveiled its inaugural sales office, underscoring its... Published 17 Dec, 2024 08:56am
Pakistan FAST Cables signs MoU with IBA and NED KARACHI: Pakistan’s leading cable brand, FAST Cables, has signed a Memorandum of Understanding (MoU) with the... Published 17 Dec, 2024 08:56am
Pakistan CPJ condemns journalist’s killing NEW YORK: Two unidentified persons shot and killed Malik Zafar Iqbal Naich, a newspaper reporter on Thursday,... Published 17 Dec, 2024 08:54am
Pakistan Diamer Basha Dam: Wapda chief reviews construction activities LAHORE: Chairman Wapda Engr Lt Gen Sajjad Ghani (Retd) reviewed construction activities being carried out on project... Published 17 Dec, 2024 08:54am
Pakistan Punjab Investment Conference 2024: Advancing economic growth and strategic partnerships LAHORE: The Punjab Investment conference was held in Shanghai on December 12, 2024. At the conference, significant... Published 17 Dec, 2024 08:51am
Pakistan Public representatives for 2024: Punjab PA passes bill to review salaries LAHORE: The Punjab Assembly on Monday passed a bill with a majority vote regarding a review of the salaries of ... Published 17 Dec, 2024 08:50am
Pakistan 10th anniversary of Army Public School Peshawar’s tragedy marked LAHORE: Like other parts of the country, the 10th anniversary of the tragic terror incident at Army Public School... Published 17 Dec, 2024 08:47am
Pakistan ATC declares 11 PTI workers POs LAHORE: An anti-terrorism court on Monday declared eleven PTI workers proclaimed offenders (POs) in a case of... Published 17 Dec, 2024 08:46am
Pakistan Sindh CM launches 7-day polio eradication campaign KARACHI: Sindh Chief Minister Syed Murad Ali Shah inaugurated a new polio eradication campaign across the province,... Published 17 Dec, 2024 08:34am
Pakistan 1,591 graduates honoured at IoBM’s 27th convocation KARACHI: A vibrant sense of excitement and boundless ambition illuminated the faces of the 1,591 graduates as they... Published 17 Dec, 2024 08:29am
Pakistan Punjab to get French grant to combat air pollution LAHORE: French Ambassador HE Nicolas Galey and Chairman P&D Board, Barrister Nabeel Ahmad Awan, signed a... Published 17 Dec, 2024 08:28am
Sports ODI series against South Africa starts today LAHORE: Pakistan and South Africa are ready to lock horns in a three-match ODI series starting from today at the... Published 17 Dec, 2024 08:15am
Pakistan Interim bail of Marwat, Shoaib extended ISLAMABAD: The Anti-Terrorism Court (ATC), on Monday, extended the interim bail of Pakistan Tehreek-e-Insaf (PTI)... Published 17 Dec, 2024 08:03am
Business & Finance Import clearance: FPCCI body urges FBR to restore green channel KARACHI: The Convener of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Standing Committee on... Published 17 Dec, 2024 08:00am
Pakistan GCUF approves scholarships for Palestinian students FAISALABAD: In a significant step towards fostering education and solidarity, Government College University... Published 17 Dec, 2024 07:58am
Pakistan ‘Govt to vaccinate every child against polio’ ISLAMABAD: The federal secretary Ministry of National Health Services and Regulations has reiterated the... Published 17 Dec, 2024 07:57am
Pakistan Khaqan challenges 26th Constitutional Amendment in SHC KARACHI: Former Prime Minister Shahid Khaqan Abbasi on Monday challenged the 26th Constitutional Amendment in the... Published 17 Dec, 2024 07:53am
Pakistan Mayor says uplift being carried out in all districts KARACHI: Mayor Karachi Barrister Murtaza Wahab has stated that continuous development is ongoing across all seven... Published 17 Dec, 2024 07:49am
Business & Finance SECP team visits China to explore market development ISLAMABAD: A high-level delegation led by Chairman Securities and Exchange Commission (SECP) Akif Saeed, is... Published 17 Dec, 2024 07:41am
Pakistan Trade leaders resent leasing of footpaths KARACHI: Business leaders on Monday resented the leasing of footpaths, fearing that the city mayor's move will... Published 17 Dec, 2024 07:39am
World India must do more to tax its super-rich: France’s Piketty NEW DELHI: India should do more to tax its super-rich given its high levels of inequality, French economist and... Published 17 Dec, 2024 06:47am
World EU adopts new Russia sanctions targeting China, shadow fleet BRUSSELS: The European Union has adopted a 15th package of sanctions against Russia over its invasion of Ukraine,... Published 17 Dec, 2024 06:47am
Pakistan The Weather KARACHI: The weather report on Monday (December 16, 2024) and the forecast for Tuesday (December 17, 2024)... Published 17 Dec, 2024 06:47am
Pakistan Nov 26 protest: ATC discharges 61 PTI workers ISLAMABAD: The Anti-Terrorism Court (ATC) on Monday discharged 61 out of 186 Pakistan Tehreek-e-Insaf (PTI) workers... Published 17 Dec, 2024 06:47am
Pakistan Mazari, others indicted in GHQ attack case RAWALPINDI: The Anti-Terrorism Court (ATC) on Monday indicted former minister Shireen Mazari and eight other accused... Updated 17 Dec, 2024 08:11am
Pakistan Tarar underscores pivotal role of cultural diversity ISLAMABAD: Federal Minister for Information Attaullah Tarar has underscored the pivotal role of cultural diversity ... Updated 17 Dec, 2024 08:11am
Pakistan Cost of Diamer Bhasha Dam increases to Rs1.05trn ISLAMABAD: Minister for Water Resources Musadik Malik said that the cost of Diamer Bhasha Dam Project has increased... Updated 17 Dec, 2024 08:10am
Pakistan Senate told: Probe launched into attacks on journalists ISLAMABAD: The federal government has announced in the upper house of the Parliament to have launched an inquiry ... Published 17 Dec, 2024 06:47am
Pakistan Four more Pakistanis die in Greece boat tragedy: FO ISLAMABAD: The Foreign Office (FO) spokesperson has confirmed the death of four more Pakistanis in boats capsized in... Updated 17 Dec, 2024 08:09am
Pakistan PM to leave for Egypt tomorrow for D-8 Summit ISLAMABAD: Prime Minister Shehbaz Sharif will embark upon a three-day official visit to Egypt on Wednesday to attend... Updated 17 Dec, 2024 08:08am
Pakistan Call for civil disobedience not withdrawn: Gohar ISLAMABAD: Despite formation of a committee tasked with engaging in talks with the government, the chairman of... Published 17 Dec, 2024 06:47am
Pakistan Housing society scam: AC grants post-arrest bail to ex-senator, brother LAHORE: An accountability court on Monday granted post-arrest bail to former senator Waqar Ahmad Khan and his ... Published 17 Dec, 2024 06:47am
Pakistan At desk climate change: BUHSCK hosts 6th national conference on climate change & health KARACHI: Prof Dr. Mohammed Saeed Quraishy T.I, Vice Chancellor of Dow University of Health Sciences Karachi,... Published 17 Dec, 2024 06:47am
Pakistan DC begins anti-polio drive LAHORE: Deputy Commissioner (DC) Lahore Syed Musa Raza inaugurated the anti-polio campaign at DHQ Mian Mir Hospital... Published 17 Dec, 2024 06:47am
Pakistan Shah Abdul Latif University signs MoU with AIPS HYDERABAD: On Monday, a Memorandum of Understanding (MoU) was signed between Shah Abdul Latif University (SALU),... Published 17 Dec, 2024 06:47am
Pakistan 5 ex-Navy officers: IHC vacates stay order regarding execution ISLAMABAD: The Islamabad High Court (IHC) vacated stay orders regarding the execution of five ex-Navy officers who... Published 17 Dec, 2024 06:47am
Pakistan Policeman killed guarding polio vaccination team PESHAWAR: Militants shot a police officer guarding polio vaccinators on Monday, police said, the day after health... Updated 17 Dec, 2024 09:13am
World IRA bombs: Gerry Adams to stand civil trial in 2026 LONDON: Politician Gerry Adams, whose Sinn Fein party was once the political wing of the Irish Republican Army, will... Published 17 Dec, 2024 06:47am
Pakistan SC launches online feedback platform ISLAMABAD: The Supreme Court launches online feedback form stakeholders engagement for judicial reform for public... Published 17 Dec, 2024 06:47am
Pakistan Nation pays homage to APS martyrs ISLAMABAD: The 10th anniversary of the tragic terror attack at Army Public School Peshawar that claimed the lives of... Published 17 Dec, 2024 06:47am
Pakistan Digital Nation Pakistan Bill tabled in NA ISLAMABAD: As part of Prime Minister Shehbaz Sharif’s national digital agenda spanning economy, society, and... Published 17 Dec, 2024 06:47am
Business & Finance Business community terms 2pc cut in policy rate insufficient KARACHI Business community has termed two percent cut in interest rate as disappointed despite widespread demand to... Published 17 Dec, 2024 06:47am
Editorials Debt sustainability analysis EDITORIAL: A debt sustainability analysis conducted by the Ministry of Finance concluded that its attainment will... Updated 17 Dec, 2024 08:22am
Editorials Improvement in business confidence EDITORIAL: It’s no surprise that results of the Overseas Investors Chamber of Commerce and Industry’s ... Updated 17 Dec, 2024 08:18am
Business & Finance UK likely to ink FTA with Pakistan ISLAMABAD: British High Commissioner to Pakistan Jane Marriott hinted that the United Kingdom (UK) may enter into a... Published 17 Dec, 2024 06:47am
Technology National digital commission to be set up: govt ISLAMABAD: The government on Monday announced to set up a National Digital Commission, headed by Prime Minister... Published 17 Dec, 2024 06:47am
Print China-Indian Ocean Region Forum: Pakistan reiterates its commitment to marine cooperation ISLAMABAD: President Asif Ali Zardari virtually attended the 3rd China-Indian Ocean Region Forum on Monday, a... Updated 17 Dec, 2024 09:24am
Pakistan SCBA demands govt implement Hamoodur Rahman Commission report ISLAMABAD: The Supreme Court Bar Association (SCBA) demanded to implement the Hamoodur Rahman Commission’s report... Published 17 Dec, 2024 06:47am
Print Jul-Oct LSM output shows -0.64pc contraction YoY ISLAMABAD: The Overall Large Scale Manufacturing (LSM) sector has shown a growth of -0.64 percent during the first... Updated 17 Dec, 2024 09:31am
Print FDI in telecom sector declines ISLAMABAD: Telecom industry’s Foreign Direct Investment (FDI) contribution to the national exchequer and investment... Updated 17 Dec, 2024 08:42am
Print Dual nationals in key SBP roles: Govt panel to assess implications ISLAMABAD: The Federal Cabinet has constituted a committee under the chairmanship of Minister for Planning,... Updated 17 Dec, 2024 09:35am
Print Solar panels free of charge: Provincial govts’ move leaves policymakers scrambling ISLAMABAD: The rampant import and installation of solar panels in the country, which is paying over Rs 2 trillion as... Updated 17 Dec, 2024 09:36am
Print China’s fast-growing industry worthy of being imitated: CM LAHORE: Terming her visit to China as a true reflection of strong bilateral relations and shared commitment to... Updated 17 Dec, 2024 08:41am
Print PIA sell-off: Govt will have to own Rs800bn in liabilities: Asif ISLAMABAD: Minister for Aviation Khawaja Muhammad Asif said the government would have to own Rs800 billion in... Updated 17 Dec, 2024 09:25am
Print ‘IMF exit strategy in place’: Aurangzeb updates PBC on twin deficits progress KARACHI: Federal Finance Minister Senator Muhammad Aurangzeb briefed the members of Pakistan Business Council (PBC)... Updated 17 Dec, 2024 09:26am
Print Rs1.8m GST cuts on services: FBR and top CA firm at loggerheads KARACHI: The Federal Board of Revenue (FBR) and a top Chartered Accountants (CA) firm are at loggerheads over Rs.1.8... Updated 17 Dec, 2024 09:36am
Print Backing FBR operationalisation: Federal Cabinet approves setting up of ‘NTC’ National Targeting Centre employs advanced technologies and intelligence analysis to identify and prioritise potential threats related to the movement of passengers and cargo Updated 17 Dec, 2024 09:34am
Markets OGDCL revives heavy oil well ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has successfully revived a heavy oil well in the... Published 17 Dec, 2024 06:47am
Print 1,064,639 business women are income tax return filers ISLAMABAD: A total of 1,064,639 women engaged in businesses/women entrepreneurs in Pakistan are filers of income tax... Updated 17 Dec, 2024 09:10am
Business & Finance Key interest rate brought down by 200bps to 13pc KARACHI: With inflation declining in line with its expectations, the Monetary Policy Committee (MPC) of the State... Published 17 Dec, 2024 06:47am
Business & Finance O/N and reverse-repo rates revised KARACHI: With the 200-basis points (bps) reduction in the key policy rate, the State bank of Pakistan (SBP)has... Published 17 Dec, 2024 06:47am
Business & Finance Trump, SoftBank CEO announce $100bn US investment PALM BEACH (Florida): President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on... Published 17 Dec, 2024 06:47am
Pakistan Post-arrest bail granted to TikToker LAHORE: A judicial magistrate on Monday granted post-arrest bail to TikToker Rajab Ali Butt in a case involving... Updated 17 Dec, 2024 07:45am
Markets Dhabeji Pumping Station: Power supply timely restored: KE KARACHI: Electricity supply to the Dhabeji Pumping Station has been timely restored. The minor disruption at the... Updated 17 Dec, 2024 07:43am
Pakistan LGH holds workshop on ‘Advanced Trauma Life Support’ LAHORE: Expressing concern over surge in the ratio of accidental deaths and physical disabilities, health... Updated 17 Dec, 2024 07:52am