World Britain pledges $2.5 billion to World Bank fund for poor nations LONDON: Britain on Thursday pledged to invest 1.98 billion pounds ($2.5 billion) over three years into the World... Published 28 Nov, 2024 08:37pm
Markets CCP approves merger of Millat Equipment with Millat Tractors The Competition Commission of Pakistan (CCP) has granted approval for the merger of Millat Equipment Limited (MEL)... Published 28 Nov, 2024 08:36pm
Sports Pakistan beat Zimbabwe by 99 runs to take ODI series Kamran Ghulam’s maiden One Day International century for Pakistan led them to a 99-run win over Zimbabwe on Thursday... Published 28 Nov, 2024 08:32pm
Markets SBP-held foreign exchange reserves increase $131mn, now stand at $11.42bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $131 million on a weekly basis,... Published 28 Nov, 2024 07:26pm
World Cyprus seeks NATO membership with US help NICOSIA: Cyprus is aiming to join NATO and is in talks with the United States to meet the conditions for entering... Published 28 Nov, 2024 07:18pm
Markets Most Gulf markets higher on Israel-Hezbollah ceasefire Major stock markets in the Gulf ended higher on Thursday following Israel’s agreement to a ceasefire deal with... Published 28 Nov, 2024 07:06pm
Markets PSX celebrates historic 100k milestone, KSE-100 delivers 142% return in 17 months The KSE-100 Index crossed the 100,000-point mark on Thursday, delivering an impressive 142% return over the past 17... Updated 28 Nov, 2024 09:27pm
Life & Style Gen Z loves the convenience of mobile shopping this Thanksgiving NEW YORK: U.S. holiday shoppers have big plans to use small screens for a head start this year on Thanksgiving Day,... Published 28 Nov, 2024 06:04pm
World Israeli foreign minister looks to Washington to punish the ICC PRAGUE: Israeli Foreign Minister Gideon Saar said on Thursday he believed the United States would punish the... Published 28 Nov, 2024 05:50pm
World Australia passes social media ban for children under 16 SYDNEY: Australia passed a law on Thursday to ban social media for children aged under 16 after days of heated... Published 28 Nov, 2024 05:43pm
Sports Sri Lanka crash to record low Test total of 42 in South Africa DURBAN: Fast bowler Marco Jansen took 7-13 as South Africa skittled Sri Lanka for just 42 in their first innings on... Updated 28 Nov, 2024 07:24pm
World Putin says Ukrainian infrastructure attack was revenge for Kyiv’s strikes on Russia MOSCOW: President Vladimir Putin said on Thursday that a massive Russian overnight attack on Ukrainian... Published 28 Nov, 2024 05:21pm
Markets Asia rice: Improved demand lifts export rates in India and Thailand Prices of parboiled rice exported from top hub India gained, after holding steady for three straight weeks,... Published 28 Nov, 2024 05:15pm
Markets Indian benchmarks slide as IT stocks, derivatives expiry weigh India’s benchmark indexes posted their steepest declines in nearly two months on Thursday, dragged down by... Published 28 Nov, 2024 05:12pm
Markets Sri Lanka shares end higher led by IT gains CSE All Share index settled 0.88% higher at 13,164.33 Published 28 Nov, 2024 05:10pm
Markets Copper slides on stronger dollar and demand concerns LONDON: Copper prices dropped below $9,000 a metric ton on Thursday, weighed down by a stronger dollar, concern over... Published 28 Nov, 2024 05:09pm
Markets Palm rises on bargain buying, stronger Dalian oils KUALA LUMPUR: Malaysian palm oil futures rose for a fourth straight session on Thursday, buoyed by stronger rival... Published 28 Nov, 2024 05:07pm
World Adani wipeout hurts but won’t derail foreign investor faith in India SINGAPORE: Worries of a wider spillover from bribery charges against the Adani Group will hurt sentiment in India... Published 28 Nov, 2024 05:04pm
World Israel says ceasefire with Hezbollah violated, fires on south Lebanon BEIRUT: Israel said on Thursday that its ceasefire with Hezbollah was breached hours after Lebanese security sources... Updated 28 Nov, 2024 05:37pm
Markets Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs SINGAPORE/LONDON: Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to... Published 28 Nov, 2024 04:51pm
Markets Key points: tracking KSE-100 making history day-by-day and what lies ahead Business Recorder offers its readers key points to break down the stocks' record rally and what lies ahead Updated 28 Nov, 2024 05:07pm
Markets Major Gulf markets gain on Hezbollah-Israel ceasefire Major stock markets in the Gulf rose in early trade on Thursday following Israel’s agreement to a ceasefire deal... Published 28 Nov, 2024 03:35pm
World Blast in northwest Delhi, no injuries reported, TV channels say NEW DELHI: A blast occurred outside a sweet shop in northwest Delhi on Thursday, local television channels said,... Published 28 Nov, 2024 03:31pm
Business & Finance Bank Makramah’s board approves restructuring scheme Net assets to increase by Rs29.39bn, says BML Updated 28 Nov, 2024 05:27pm
Markets Ugandan shilling flat; remittance FX inflows help KAMPALA: The Ugandan shilling was flat on Thursday, with dollar inflows from remittances and offshore investors who... Published 28 Nov, 2024 03:27pm
Markets Russian rouble rebounds after central bank intervention MOSCOW: The Russian rouble rebounded on Thursday from a more than 7% slide against the US dollar in the previous... Published 28 Nov, 2024 03:25pm
Life & Style Primark boss defends practices as budget fashion brand eyes expansion DUBLIN: Ireland-based budget fashion chain Primark has been criticised for its record on workers’ rights and the... Published 28 Nov, 2024 02:55pm
Life & Style Thanksgiving travel period off to a record start NEW YORK: Millions of Americans set to crowd into airports or hit the road on the Wednesday ahead of Thanksgiving... Published 28 Nov, 2024 02:46pm
World Peru scientists unveil crocodile fossil up to 12 million years old LIMA: Paleontologists unveiled on Wednesday the fossil of a young marine crocodile dating back 10 to 12 million... Published 28 Nov, 2024 02:24pm
Sports LIV Golf’s Herbert in charge at Australian Open, Smith two back MELBOURNE: Lucas Herbert drained an eagle at the last in a flawless eight-under-par 63 Thursday to lead the... Published 28 Nov, 2024 02:18pm
Markets Gold price per tola decreases Rs700 in Pakistan After increasing in the previous session, gold prices in Pakistan registered losses on Thursday in line with their... Updated 28 Nov, 2024 07:31pm
Technology Meta CEO Zuckerberg dines with Trump at Mar-a-Lago WASHINGTON: Mark Zuckerberg joined Donald Trump for dinner at his Mar-a-Lago estate Wednesday, with an advisor to... Published 28 Nov, 2024 02:14pm
Sports Verstappen switches focus to re-boot defence of F1 teams’ title DOHA: Newly-crowned quadruple world champion Max Verstappen will switch his attention from the drivers’ title race... Published 28 Nov, 2024 02:06pm
Markets OPEC+ meeting postponed to December 5 VIENNA: The ministerial meeting of the OPEC+ alliance initially scheduled for Sunday has been pushed back to... Published 28 Nov, 2024 02:02pm
Pakistan World Bank, Pakistan combine forces to tackle smog crisis The World Bank and authorities in Pakistan have agreed to prepare a comprehensive anti-smog plan, as the South Asian... Updated 28 Nov, 2024 06:26pm
World Israeli aggression increases in central Gaza, strikes kill 17 people CAIRO: Israeli military strikes killed at least 17 Palestinians across the Gaza Strip on Thursday, medics said, as... Updated 28 Nov, 2024 07:51pm
World India’s parliament suspended temporarily after row over allegations against Adani group NEW DELHI: Both houses of Indian parliament were suspended temporarily on Thursday within minutes of opening as... Published 28 Nov, 2024 01:44pm
Markets South Korea treasury yields hit 32-month lows on surprise rate cut The benchmark 10-year yield was down 9.4 bps at 2.795%. Published 28 Nov, 2024 01:41pm
Markets South African rand stable ahead of producer inflation data and central bank review JOHANNESBURG: The South African rand was little changed in early trade on Thursday, ahead of October producer... Published 28 Nov, 2024 01:39pm
Markets JGB yields fall, tracking US Treasury peers, yen rallies TOKYO: Japanese government bond yields fell on Thursday, tracking overnight declines in US Treasury yields, while... Published 28 Nov, 2024 01:36pm
Markets Kenyan shilling weakens due to increased FX demand from manufacturers NAIROBI: The Kenyan shilling weakened slightly on Thursday, with traders attributing the depreciation to rising... Published 28 Nov, 2024 01:35pm
Markets Egypt seeks wheat and vegetable oils in direct purchase deals CAIRO: Egypt plans to secure wheat and vegetable oils through direct purchase agreements, Mostakbal Misr Agency for... Published 28 Nov, 2024 01:32pm
Business & Finance Toyota’s global output declines for ninth straight month in October TOKYO: Toyota Motor’s global output dropped for a ninth consecutive month in October, dragged lower by big falls in... Published 28 Nov, 2024 01:28pm
Business & Finance Pakistan’s semi-trailer OEM AUTOCOM exports to East Africa Pakistan-based original equipment manufacturer AUTOCOM has exported a sizable shipment of semi-trailers to East... Published 28 Nov, 2024 12:48pm
World South Korea battles second day of heavy snow; four dead SEOUL: South Korea grappled with heavy snowfall for a second day on Thursday, with dozens of flights cancelled,... Published 28 Nov, 2024 12:44pm
Markets China’s yuan gains as dollar extends weakness on trade war concerns HONG KONG: China’s yuan was firmer against the US dollar on Thursday, as the greenback retreated from a recent rally... Published 28 Nov, 2024 12:39pm
World Ethnic strife frustrates peace efforts in India’s Manipur BOROBEKRA: Gunmen seized six hostages this month while exchanging fire with troops in India’s northeastern state of... Published 28 Nov, 2024 12:37pm
World Russia strikes cities across Ukraine with cruise missiles Explosions were heard in the Ukrainian cities of Odesa, Kropyvnytskyi, Kharkiv, Rivne and Lutsk on Thursday morning... Published 28 Nov, 2024 12:14pm
Sports Uncapped Webster called into Australia squad for India series SYDNEY: Uncapped all-rounder Beau Webster has been called into the Australia squad for the five-test series against... Published 28 Nov, 2024 12:11pm
World Landslides in Indonesia’s Sumatra kill at least 27, rescuers search for missing JAKARTA: Indonesian rescuers are searching for passengers trapped in a minibus buried in mud after flash floods and... Published 28 Nov, 2024 12:05pm
Sports City’s Rodri sets early return target after knee surgery Manchester City’s Rodri said he is aiming to return from a serious knee injury before the end of the current... Published 28 Nov, 2024 11:50am
Markets China stocks drop on heightened trade tensions, automakers’ price war HONG KONG: China and Hong Kong stocks resumed their downtrend on Thursday after a rebound in the previous session,... Published 28 Nov, 2024 11:48am
Markets Asia’s November crude oil imports nudge higher, still heading for annual fall: Russell LAUNCESTON: Asia’s imports of crude oil ticked up slightly in November, led by a recovery by top importer China, but... Published 28 Nov, 2024 11:45am
World British PM Starmer to be invited to meet EU leaders in Feb, FT reports British Prime Minister Keir Starmer will be invited to meet EU leaders to discuss European security as Brussels... Published 28 Nov, 2024 11:42am
Business & Finance ECB’s Lagarde says trade war in ‘nobody’s interest’, FT reports European Central Bank President Christine Lagarde told the Financial Times that a trade war at large would be a “net... Published 28 Nov, 2024 11:39am
Business & Finance Nissan October production down globally except in Mexico, but Trump tariff threat looms TOKYO: Nissan Motor said on Thursday its global production fell for a fifth straight month in October, led by... Published 28 Nov, 2024 11:37am
World Over 50% of French people want government to fall, survey finds PARIS: Some 53% of French people want Prime Minister Michel Barnier’s government to fall due to anger over his... Published 28 Nov, 2024 11:35am
World Russia’s labour shortage spreads as defence sector poaches staff MOSCOW: “Bus number seven was not running this morning,” Olga Slatina wrote on social media from the Sverdlovsk... Published 28 Nov, 2024 11:31am
Business & Finance India’s finance ministry evaluating removal of windfall tax, govt source says NEW DELHI: India’s finance ministry is evaluating the relevance of windfall tax, a federal government source said on... Published 28 Nov, 2024 11:24am
Markets Copper dips as dollar firms, Trump’s tariff threat clouds demand outlook Copper prices eased on Thursday, pressured by a stronger dollar and worries that potential US tariffs on Chinese... Published 28 Nov, 2024 11:20am
Markets Rupee falls marginally against US dollar Currency settles at 278.04 against US dollar in inter-bank market Updated 28 Nov, 2024 06:12pm
Sports Dominant Liverpool beat Real Madrid 2-0 to top Champions League LIVERPOOL: Liverpool regained top spot in the Champions League table and registered a first victory over Real Madrid... Published 28 Nov, 2024 11:03am
Sports Williamson denied as England stay in the fight in Christchurch Spinner Shoaib Bashir took four for 69 as England recovered from a poor start to reduce New Zealand to 319 for eight... Published 28 Nov, 2024 10:51am
Technology Intel’s $7.86 billion subsidy deal restricts sale of its manufacturing unit Intel said on Wednesday its deal for $7.86 billion in US government subsidies restricts the company’s ability to... Published 28 Nov, 2024 10:44am
World What the Adani allegations highlight about India’s clean energy push NEW DELHI: Bribery allegations against Adani Group founder Gautam Adani have highlighted the growing problem India’s... Published 28 Nov, 2024 10:41am
Markets PM credits investor confidence in govt policies as KSE-100 hits 100,000 Prime Minister Shehbaz Sharif on Thursday hailed the unprecedented performance of Pakistan’s stock market, as the... Updated 28 Nov, 2024 07:30pm
World Nuclear attack unlikely despite Putin’s warnings, US intelligence says NEW YORK/WASHINGTON: The U.S. decision to allow Ukraine to fire American weapons deeper into Russia has not... Published 28 Nov, 2024 10:24am
World China’s state media praise some US firms amid fears of a new trade war BEIJING: China’s state media have praised some US firms for “strong collaboration” - commentary that comes amid... Published 28 Nov, 2024 10:14am
World Mexico warns Trump tariffs would kill 400,000 US jobs, threatens retaliation MEXICO CITY: Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if US President-elect... Published 28 Nov, 2024 10:07am
Markets Palm falls on weaker Dalian soyoil, lower crude prices KUALA LUMPUR: Malaysian palm oil futures snapped a three-day rally on Thursday, tracking weakness in Dalian soyoil... Published 28 Nov, 2024 10:00am
Markets Japan’s Nikkei rises as investors step in after two-day drop TOKYO: Japan’s Nikkei share average erased early losses to trade higher on Thursday after two straight sessions of... Published 28 Nov, 2024 09:57am
Markets Gold falls on dollar strength, inflation data sparks caution on Fed rate cuts Gold prices slipped on Thursday as the US dollar strengthened, while investors assessed a flurry of economic data... Published 28 Nov, 2024 09:55am
Markets Australia, NZ dollars find support, market ponders rate outlook SYDNEY: The Australian and New Zealand dollars found some support on Thursday as a drop in Treasury yields hindered... Published 28 Nov, 2024 09:52am
Markets Australian shares reach for record high as banking stocks gain Australian shares rose close to a record high on Thursday, led by banking stocks, a day after data showed the... Published 28 Nov, 2024 09:49am
Markets India bond yields may dip on decline in US yields despite sticky inflation MUMBAI: Indian government bond yields are expected to nudge lower at open on Thursday on back of the decline in US... Published 28 Nov, 2024 09:47am
Markets Asian stocks subdued, dollar drifts ahead of US Thanksgiving SINGAPORE: Asian shares were subdued on Thursday and the dollar was on the defensive after US data showed progress... Published 28 Nov, 2024 09:45am
Markets Historic high: KSE-100 crosses 100,000 as investors turn back focus on economy Buying spree towards end of session ensures benchmark settles above 100k for the first time in history Updated 28 Nov, 2024 07:46pm
Markets Indian rupee eyes breathing room as dollar softens, US bond yields dip MUMBAI: The Indian rupee is expected to open flat to slightly higher on Thursday, supported by a pullback in the US... Published 28 Nov, 2024 09:37am
Markets Indian shares set for muted start, tracking Asian peers Indian shares are set to open little changed on Thursday, tracking other Asian peers on worries over US... Published 28 Nov, 2024 09:36am
Markets Euro jump, rising yen put brakes on the dollar SINGAPORE: The euro clung to its sharpest rise in four months on Thursday following hawkish remarks from a central... Published 28 Nov, 2024 09:33am
Markets Oil up as Israel says ceasefire violated, OPEC+ delays meeting LONDON: Oil prices ticked up on Thursday, after Israel said its ceasefire with Lebanese armed group Hezbollah was... Updated 28 Nov, 2024 07:03pm
Pakistan Resignation KARACHI: Pir Suleman Shah Rashdi, a civil servant of Information Group 28th CTP, has tendered his resignation from... Published 28 Nov, 2024 08:18am
Pakistan KUJ condemns attacks on press club, media houses KARACHI: Karachi Union of Journalists (KUJ) has strongly condemned an attack on National Press Club and media houses... Published 28 Nov, 2024 08:15am
Sports Vintage car show in Peshawar on 29th PESHAWAR: A Vintage and Classic Automotive Car Show under the auspices of the Directorate General of Sports Khyber... Published 28 Nov, 2024 08:13am
BR Research Credit concentration: identifying the worst offenders Pakistan’s banking sector faces a systemic issue of credit concentration, where a significant portion of bank loans... Updated 28 Nov, 2024 11:23am
Pakistan Aseefa attends ‘Global Women’s Forum’ in Dubai KARACHI: Aseefa Bhutto Zardari, First Lady of Pakistan and member of the National Assembly, attended the Global... Published 28 Nov, 2024 08:11am
Pakistan MYC Sindh urges steps aimed at stemming bloodshed in Kurram KARACHI: Milli Yakjehti Council, Sindh (MYC Sindh) on Wednesday called for serious measures to stem sectarian... Published 28 Nov, 2024 08:10am
World Rohingya ‘happy’ at ICC request for Myanmar junta chief warrant COX’S BAZAR, (Bangladesh): For Rohingya refugees who fled brutal violence in Myanmar, the announcement Wednesday... Published 28 Nov, 2024 08:08am
Pakistan Sharjeel assails PTI for holding demos on ‘sensitive’ occasions KARACHI: Sindh Senior Minister Sharjeel Inam Memon stated that there is a time for differences and protests, but... Published 28 Nov, 2024 08:06am
Pakistan Fatalities during protest: SC rejects plea urging court to take suo moto ISLAMABAD: The Supreme Court turned down the plea of AAG KP to take suo motu notice of the deaths that occurred... Published 28 Nov, 2024 08:04am
Pakistan Eight cases of May 9 riots: IK denied post-arrest bails by ATC LAHORE: An anti-terrorism court (ATC) on Wednesday denied post arrest bails to PTI former chairman Imran Khan in... Published 28 Nov, 2024 08:03am
Pakistan ‘While public stood firm, Baji ran away’: Azma LAHORE: Punjab Information Minister Azma Bokhari has said that those who claimed to bring a revolution fled after... Published 28 Nov, 2024 08:02am
Pakistan Punjab to offer Rs1m per tractor subsidy to farmers LAHORE: In a groundbreaking move, the Punjab government has allocated an unprecedented Rs30 billion to offer a... Published 28 Nov, 2024 08:01am
Pakistan Punjab may witness 20pc cut in per acre potato yield LAHORE: Due to the current smog and fog conditions, the Punjab province is projected to experience a 20% reduction ... Published 28 Nov, 2024 08:00am
BR Research Shield Corporation Limited Shield Corporation Limited (PSX: SCL) was incorporated in Pakistan as a public limited company in 1975. The... Published 28 Nov, 2024 07:57am
World Mexico warns Trump tariffs would kill 400,000 US jobs MEXICO CITY: Mexican Economy Minister Marcelo Ebrard said on Wednesday that a 25% across-the-board tariff proposed ... Published 28 Nov, 2024 07:41am
Pakistan Sindh CM says his govt committed to augmenting agrarian economy KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that his government is committed to augmenting the... Published 28 Nov, 2024 07:40am
World China investigates defence minister for corruption BEIJING: Chinese Defence Minister Dong Jun has been placed under investigation for corruption, a report said... Published 28 Nov, 2024 07:28am
Business & Finance Sri Lanka kicks off much-delayed $12.5bn bond deal COLOMBO: Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in... Published 28 Nov, 2024 07:26am
World BD arrests six after lawyer murdered in Hindu protests DHAKA: Bangladeshi police have arrested six people in connection with the murder of a lawyer during clashes between... Published 28 Nov, 2024 07:24am