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Markets

JGB yield curve steepens as market awaits BOJ’s bond purchase plans

TOKYO: The Japanese government bond yield curve steepened on Friday, as investors sold super-long dated bonds ahead...

Published 27 Dec, 2024 12:41pm

Markets

Jordan tenders to buy up to 120,000 T feed barley, traders say

HAMBURG: Jordan’s state grains buyer has issued an international tender to purchase up to 120,000 metric tons of...

Published 27 Dec, 2024 12:39pm

Markets

Bangladesh issues tender to buy 50,000 T of rice, traders say

HAMBURG: Bangladesh’s state grains buyer has issued another international tender to purchase 50,000 metric tons of...

Published 27 Dec, 2024 12:38pm

World

South Korea’s parliament convenes for acting president impeachment vote, as Yoon goes on trial

SEOUL: South Korea’s parliament began a session on Friday where a vote to impeach acting President Han Duck-soo over...

Published 27 Dec, 2024 12:36pm

Markets

Greece to sell three-month T-bills on Dec 31

ATHENS: Greece will sell 500 million euros ($520.40 million) of three-month treasury bills on Dec. 31, its PDMA debt...

Published 27 Dec, 2024 12:30pm

Markets

Big Oil backtracks on renewables push as climate agenda falters

LONDON: Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing...

Published 27 Dec, 2024 12:18pm

Business & Finance

Philippines central bank sees December inflation at 2.3% to 3.1%

MANILA: The Philippines’ annual inflation rate was likely to be within a 2.3% to 3.1% range in December, with...

Published 27 Dec, 2024 12:12pm

Markets

China’s yuan set to end the week near 13-month low

SHANGHAI: China’s yuan is set to end the week near a 13-month low against the dollar, as it trades in narrow ranges...

Published 27 Dec, 2024 12:04pm

Markets

China stocks near two-week high as industrial slump eases Hong Kong,

Chinese stocks edged up on Friday to near a two-week high as declines in industrial profits slowed, while Hong Kong...

Published 27 Dec, 2024 12:01pm

Sports

Leading the league feels different this time, says Liverpool’s Salah

Liverpool forward Mohamed Salah said he senses something different about the way the club are performing as Premier...

Published 27 Dec, 2024 11:52am

Technology

NASA spacecraft ‘safe’ after closest-ever approach to Sun

NASA said on Friday that its Parker Solar Probe was “safe” and operating normally after successfully completing the...

Published 27 Dec, 2024 11:48am

Sports

Coco Gauff says she skipped Auckland for better level of competition at United Cup

World number three Coco Gauff said on Friday she decided to start her season at the United Cup instead of her happy...

Published 27 Dec, 2024 11:46am

World

Russia warns the United States on possible nuclear testing under Trump

MOSCOW: Russia’s arms control point man cautioned Donald Trump’s incoming administration on Friday that Moscow was...

Published 27 Dec, 2024 11:43am

Markets

Australia, NZ dollars drift towards two-year lows in holiday-thinned trade

SYDNEY: The Australian and New Zealand dollars were set for weekly losses on Friday as they wobbled towards two-year...

Published 27 Dec, 2024 11:34am

Markets

Chicago wheat ticks up on Algeria purchase, tight supply

BEIJING: Chicago wheat gained on Friday, underpinned by a big purchase from Algeria and tight global supply, while...

Published 27 Dec, 2024 11:32am

Markets

Gold set for weekly rise; eyes on Fed, Trump’s 2025 policies

Gold edged lower in light trading on Friday and was poised for a weekly gain, as investors awaited cues on the US...

Published 27 Dec, 2024 11:26am

Markets

Stock rebound, KSE-100 surges over 1,200 points

After days of selling pressure, the Pakistan Stock Exchange (PSX) saw a strong comeback on Friday, as the benchmark...

Updated 27 Dec, 2024 12:15pm

Markets

Palm rises on bargain buying, stronger rival edible oils

KUALA LUMPUR: Malaysian palm oil futures rose on Friday and were on track to book a weekly gain, buoyed by bargain...

Published 27 Dec, 2024 11:24am

Life & Style

In Bollywood-obsessed India, art-house film wins accolades, audiences

MUMBAI: Indian cinema is best known for Bollywood extravaganzas, but an art-house film about three women navigating...

Published 27 Dec, 2024 11:21am

Business & Finance

Iron ore heads for 2nd weekly fall on faltering China demand

BEIJING: Iron ore futures slipped on Friday and were poised for a second straight weekly decline, weighed down by...

Published 27 Dec, 2024 11:16am

Business & Finance

BOJ produces estimates on how future rate hikes affect earnings

TOKYO: The Bank of Japan released for the first time estimates on how future interest rate hikes could affect its...

Published 27 Dec, 2024 11:14am

Markets

South Korean won weakest since March 2009 on increasing political turmoil

The blue-chip KOSPI shed 35.64 points, or 1.47%, to 2,394.03

Published 27 Dec, 2024 11:10am

Markets

Japan’s Nikkei hits two-week high, Toyota rises for third day

TOKYO: Japan’s Nikkei share average rose to a two-week high on Friday as a weak yen lifted exporters, with Toyota...

Published 27 Dec, 2024 11:05am

Markets

Australia shares rise; benchmark on course for weekly gain

Australian shares rose on Friday, set to log weekly gains with sentiments improving after minutes from the central...

Published 27 Dec, 2024 11:02am

Business & Finance

Thai Nov factory output falls 3.58 y/y, weaker than forecast

BANGKOK: Thailand’s manufacturing production index dropped 3.58% in November from a year earlier, the industry...

Published 27 Dec, 2024 11:00am

Markets

Intra-day update: rupee records slight improvement against US dollar

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

Published 27 Dec, 2024 10:59am

Markets

Debt auction traps India bond yields in narrow range

MUMBAI: Indian government bond yields were stuck in a thin range early on Friday, despite US yields remaining...

Published 27 Dec, 2024 10:55am

Markets

Indian rupee to remain burdened by dollar outlook, importer demand

MUMBAI: The Indian rupee’s recent weakness is likely to persist on Friday in wake of an upbeat outlook for the US...

Published 27 Dec, 2024 10:54am

World

India announces state funeral for ex-PM Manmohan Singh

NEW DELHI: India on Friday announced seven days of state mourning after the death of former Prime Minister Manmohan...

Published 27 Dec, 2024 10:45am

Markets

PM calls for uninterrupted gas supply to domestic consumers

Prime Minister Shehbaz Sharif directed authorities on Friday to ensure an uninterrupted gas supply to domestic...

Published 27 Dec, 2024 10:35am

BR Research

Currency—Is competitive devaluation warranted?

The PKR has been slightly appreciating for the past fifteen months, and it’s hovering around 277-288 levels against...

Updated 27 Dec, 2024 10:51am

BR Research

Edible oil: Prices heating up again

The palm oil market is seeing significant shifts. For Pakistan, the focus remains on import costs and domestic...

Published 27 Dec, 2024 09:15am

World

Russian drone attack kills two in Ukraine’s Donetsk region, several injured in Dnipropetrovsk

Russian drones struck a multi-storey apartment building in the front line town of Chasiv Yar in Donetsk region of...

Published 27 Dec, 2024 08:59am

World

China’s Xi Jinping will visit Russia in 2025, Russian ambassador says

China’s President Xi Jinping will visit Russia in 2025, Russia’s state-run RIA news agency quoted Moscow’s...

Published 27 Dec, 2024 08:55am

World

Israel strikes Houthi targets in Yemen, killing six

OCCUPIED JERUSALEM: Israel struck multiple targets linked to the Iran-aligned Houthi movement in Yemen on Thursday,...

Published 27 Dec, 2024 08:51am

BR Research

Interview with John Papaevgeniou, Founder and CEO of Relational SA

‘Pakistan represents a promising regional business expansion market’ John Papaevgeniou is the founder and CEO of...

Updated 27 Dec, 2024 09:19am

Pakistan

Military court verdicts termed legal and transparent

KARACHI: Senator Lt-Gen Abdul Qayyum (Retd) addressed journalists at the Karachi Press Club, highlighting key...

Published 27 Dec, 2024 08:47am

Sports

Pat Cummins strikes twice after Smith puts Australia in charge at MCG

MELBOURNE: Pat Cummins dismissed both India’s openers, including KL Rahul on the last ball before tea, to leave...

Updated 27 Dec, 2024 11:57am

Business & Finance

Govt to establish ‘FADAAP’ to enhance exports

ISLAMABAD: To enhance the exports and ensure the quality of fruits, vegetables, livestock, food and pharmaceutical...

Published 27 Dec, 2024 08:43am

Pakistan

Automated umbrellas to be installed at Data shrine: Dar

LAHORE: Deputy Prime Minister Muhammad Ishaq Dar said on Thursday that automated umbrellas will be installed here in...

Published 27 Dec, 2024 08:41am

Pakistan

Christmas arrangements: CM appreciates administration, police

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif commended the administration and police for making better security...

Published 27 Dec, 2024 08:40am

Pakistan

‘Quick dispensation of justice relies heavily on bench, bar unity’

ISLAMABAD: The Chief Justice of Pakistan Justice Yahya Afridi on Thursday said that the relationship between bench...

Published 27 Dec, 2024 08:39am

Markets

Indian shares set to open higher

Indian shares are set to open marginally higher on Friday, with analysts expecting the benchmarks to witness...

Published 27 Dec, 2024 08:39am

Pakistan

PTI condemns rulings of military courts

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday strongly condemned the “unjust and inhumane” rulings of...

Published 27 Dec, 2024 08:38am

Pakistan

Speaker lauds Benazir

ISLAMABAD: Speaker National Assembly Ayaz Sadiq has lauded the contributions of Benazir Bhutto to democracy, stating...

Published 27 Dec, 2024 08:36am

Pakistan

Pakistan and Turkiye: Tarar calls for boosting cultural, people-to-people ties

ISLAMABAD: Federal Minister for Information, Broadcasting, National Heritage, and Culture Attaullah Tarar has called...

Published 27 Dec, 2024 08:35am

Business & Finance

China’s Nov industrial profits narrow decline but demand remains soft

BEIJING: China’s industrial profits fell at a slower clip in November, official data showed on Friday, offering some...

Published 27 Dec, 2024 08:34am

Business & Finance

Pakistan-born, US-raised entrepreneur highlights expansion move to Dubai

DUBAI: Dubai’s reputation as a global hub for innovation and investment has attracted yet another entrepreneur to...

Updated 27 Dec, 2024 12:19pm

Business & Finance

China’s BYD offers year-end discounts of up to 11.5%

BEIJING: Chinese electric vehicle giant BYD, is offering discounts until Jan. 26 on two of its hybrid and EV models,...

Published 27 Dec, 2024 08:31am

Business & Finance

Traders’ delegation discusses issues with FPCCI SVP

KARACHI: A major breakthrough was made in the unification of traders and resolution of their issues when a ...

Published 27 Dec, 2024 08:30am

Pakistan

UAF holds Christmas celebrations

FAISALABAD: UAF Vice Chancellor Prof Dr Muhammad Sarwar Khan has said the interfaith harmony is prerequisite to make...

Updated 27 Dec, 2024 08:55am

Business & Finance

Inflation in Japan’s capital accelerates, keeps rate hike prospects intact

TOKYO: Core inflation in Japan’s capital accelerated in December while services inflation held steady, data showed...

Published 27 Dec, 2024 08:27am

Business & Finance

CCP authorises acquisition of KCA Deutag International to H&P

ISLAMABAD: The Competition Commission of Pakistan (CCP) has authorized the acquisition of 100pc shareholding in KCA...

Published 27 Dec, 2024 08:25am

Pakistan

ATC initiates proceedings to declare Gandapur PO

RAWALPINDI: The Anti-Terrorism Court (ATC), on Thursday, initiated proceedings to declare Khyber Pakhtunkhwa Chief...

Published 27 Dec, 2024 08:24am

Pakistan

151 illegal immigrants held at Balochistan border

QUETTA: Pakistan Coast Guards arrested 151 illegal immigrants during an operation from Balochistan border. The...

Published 27 Dec, 2024 08:23am

Pakistan

EPD installs first locally-designed smog tower

LAHORE: The Environment Department Punjab (EPD), in one of its significant environmental initiatives, installed the...

Published 27 Dec, 2024 08:21am

Markets

Yen hovers near 5-month low as BOJ’s cautious stance weighs

TOKYO: The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve’s hawkish messaging...

Published 27 Dec, 2024 08:20am

Markets

Oil prices set for weekly gain on China stimulus optimism

Oil prices were little changed on Friday but were set for a weekly rise amid optimism that economic stimulus efforts...

Updated 27 Dec, 2024 11:50am

Pakistan

BAFL to give Rs8.5m for blind dolphins’ protection

KARACHI: Bank Alfalah has announced funding of Rs. 8.5 million to protect the endangered Indus River blind dolphins,...

Published 27 Dec, 2024 08:15am

Markets

Asian stocks drift, yen at 5-month low in thin year-end trading

SINGAPORE: Asian stocks wobbled on Friday while the dollar was steady, keeping the yen rooted near five-month lows...

Published 27 Dec, 2024 08:14am

Pakistan

Backlog of passport applications completely eliminated, says Naqvi

ISLAMABAD: Interior Minister Mohsin Naqvi on Thursday said the backlog of passport applications has completely ended...

Published 27 Dec, 2024 08:11am

Pakistan

26th Amendment: Yet another petition filed in SC

ISLAMABAD: The top court of the country has been flooded with petitions as yet another petition was filed in Supreme...

Published 27 Dec, 2024 08:09am

Pakistan

Turkiye ambassador pays homage to Jinnah

ISLAMABAD: Ambassador of Turkiye Dr Irfan Neziroglu said that Jinnah was a reformer and a visionary leader who ...

Published 27 Dec, 2024 08:08am

Pakistan

PM condoles deaths caused by Azeri plane crash

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday telephoned President Ilham Aliyev of Azerbaijan and condoled...

Published 27 Dec, 2024 07:59am

Pakistan

Nov 26 protest: Court grants interim bail to Bushra

ISLAMABAD: A local court on Thursday granted interim bail to Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran...

Published 27 Dec, 2024 07:57am

Pakistan

Ukrainian crisis: Putin presented concrete proposals on final settlement: Russian envoy

ISLAMABAD: The Ambassador of Russia in Pakistan, Albert Khorev, said on Thursday that Kremlin has never given up on ...

Published 27 Dec, 2024 07:52am

Pakistan

CPSC inaugurates ‘China Corner’ at ISSI library

ISLAMABAD: China Pakistan Study Centre (CPSC) at the Institute of Strategic Studies Islamabad (ISSI) organised the...

Published 27 Dec, 2024 07:48am

Technology

New phishing scam targeting businesses on Facebook uncovered

ISLAMABAD: A global cybersecurity company has uncovered a new phishing scam targeting businesses and undertakings...

Published 27 Dec, 2024 07:46am

Pakistan

GHQ attack case: Rashid moves SC against indictment

ISLAMABAD: Awami Muslim League (AML) chief Sheikh Rashid Ahmed on Thursday filed a petition in apex court,...

Published 27 Dec, 2024 07:44am

Pakistan

Relentless cold winds howl across city

KARACHI: The relentless cold wave howled across the city on Thursday, as the Met Office anticipates the chilly...

Published 27 Dec, 2024 07:42am

Pakistan

Azma accuses PTI of playing double-dealing

LAHORE: Punjab Information Minister Azma Bokhari has said that the Pakistan Tehreek-e-Insaf (PTI) is playing a drama...

Published 27 Dec, 2024 07:39am

World

Israeli minister’s Al-Aqsa mosque visit sparks condemnation

Published 27 Dec, 2024 06:27am

PPL strikes hydrocarbons at Jamshoro well

KARACHI: Pakistan Petroleum Limited (PPL) has announced that Kotri North Joint Venture comprising United Energy...

Updated 27 Dec, 2024 09:28am

PTI sets Jan 31 as deadline for ‘fruitful talks’

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) negotiation committee on Thursday set January 31 as deadline for “fruitful...

Updated 27 Dec, 2024 09:24am

PM highlights significance of Sino-Pak partnership

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday highlighted the significance of a deep-rooted and robust...

Updated 27 Dec, 2024 09:20am

Monetary policy lending operations: SBP unveils collateral, counterparty eligibility framework

KARACHI: The State Bank of Pakistan (SBP) on Thursday issued a framework for collateral & counterparty...

Updated 27 Dec, 2024 09:19am

Business & Finance

HNWIs to be taxed: Aurangzeb unveils FBR digitisation strategy

ISLAMABAD: Minister for Finance Muhammad Aurangzeb Thursday unveiled the government’s strategy to implement...

Updated 27 Dec, 2024 09:17am

Allocation deficit hits rupee cover: World Bank asks govt to enhance ‘T5HP’ budget

ISLAMABAD: The World Bank has asked the government to increase allocation for Tarbela 5th Extension Hydropower...

Updated 27 Dec, 2024 09:25am

Payables by power cos to gas utilities: LPS on GDS hits alarming mark

ISLAMABAD: The amount of Late Payment Surcharge (LPS) on Gas Development Surcharge (GDS) payables by power companies...

Updated 27 Dec, 2024 09:05am

Aleema says: ‘IK denies coming out of jail to go on house arrest’

ISLAMABAD: As the capital is rife with rumours that incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman...

Updated 27 Dec, 2024 08:58am

Convictions to be challenged by PTI

ISLAMABAD: As military courts convicted 60 more people involved in protests in support of ex-prime minister Imran...

Updated 27 Dec, 2024 09:22am

Pakistan

60 civilians sentenced by military court

ISLAMABAD: The Field General Court Martial (FGCM) has concluded the trials of individuals involved in the May 9...

Updated 27 Dec, 2024 09:18am

Business & Finance

Non-essential medicines: Deregulation helps boost pharma industry

KARACHI: The deregulation of non-essential medicines in early 2024 has brought significant positive changes to...

Updated 27 Dec, 2024 12:15pm

Editorials

Tax bill aimed at tightening noose

EDITORIAL: The bill to grant tax authorities sweeping powers to enforce compliance was tabled and is expected to ...

Updated 27 Dec, 2024 07:32am

Editorials

Confronting threat of terrorism

EDITORIAL: At a recent policy dialogue organised by an Islamabad-based think-tank, Pak Institute for Peace Studies,...

Published 27 Dec, 2024 06:27am

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 26	157.65
USD to Swiss Franc / Dec 26	0.90
Pound Sterling to USD / Dec 26	1.25
Euro to USD / Dec 26	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
FTSE 100 / Dec 24	8,136.99
France CAC40 / Dec 24	7,282.69
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Petrol/Litre / Dec 27	252.10
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Diesel/Litre / Dec 27	255.38

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Trust Sec.& Brok. / Dec 27 Trust Securities & Brokerage Limited(TSBL)	12.71 ▲ 1.16 (10.04%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)
Liven Pharma / Dec 27 Liven Pharma Limited(LIVEN)	124.41 ▲ 11.31 (10.00%)
Nimir Resins / Dec 27 Nimir Resins Limited(NRSL)	35.41 ▲ 3.22 (10.00%)
Suhail Jute / Dec 27 Suhail Jute Mills Limited(SUHJ)	108.97 ▲ 9.91 (10.00%)
Pak Gulf Leasing / Dec 27 Pak-Gulf Leasing Company Limited(PGLC)	17.39 ▲ 1.58 (9.99%)
Shams Textile / Dec 27 Shams Textile Mills Limited(STML)	28.68 ▲ 2.57 (9.84%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Olympia Mills / Dec 27 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Sardar Chemical / Dec 27 Sardar Chemical Industries Limited(SARC)	33.04 ▼ -3.63 (-9.90%)
Hafiz Ltd. / Dec 27 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Premium Textile / Dec 27 Premium Textile Mills Limited(PRET)	351 ▼ -33.21 (-8.64%)
Kohinoor Mills / Dec 27 Kohinoor Mills Limited(KML)	29.50 ▼ -2.53 (-7.90%)
B.R.R. Guardian / Dec 27 B.R.R. Guardian Limited(BRRG)	21 ▼ -1.77 (-7.77%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	93,341,113 ▲ 1.34
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	49,879,145 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.72
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.07
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	24,578,068 ▲ 0.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	24,568,564 ▲ 0.32
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	24,455,646 ▲ 0.94
K-Electric Ltd. / Dec 27 K-Electric Limited(KEL)	22,753,854 ▲ 0.05
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	17,934,003 ▼ -0.06

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