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Pakistan

UAE rolls over $2bn loan, agrees to provide additional investment: PM

PM Shehbaz met President of the UAE on Sunday

Updated 07 Jan, 2025 02:39pm

Pakistan

‘Ineligible persons’: stock brokers urge Aurangzeb for consultation on Tax Law (Amendment) Act

KARACHI: Pakistan Stock Brokers Association (PSBA) has urged Finance Minister Muhammad Aurangzeb to consult...

Published 07 Jan, 2025 01:42pm

Sports

UK politicians urge England to boycott Afghanistan match over treatment of women

A group of British lawmakers urged England to boycott their Champions Trophy match against Afghanistan next month,...

Published 07 Jan, 2025 01:36pm

Business & Finance

Turkiye auto sales rise 0.5% to record level in 2024, association says

GDANSK: Sales of passenger cars and light commercial vehicles hit a new record high in Turkiye in 2024, rising 0.5%...

Published 07 Jan, 2025 01:32pm

Markets

Japan’s 10-year bond yield flat after firm auction

TOKYO: Japan’s 10-year government bond (JGB) yield retreated from a session high and turned flat on Tuesday after an...

Published 07 Jan, 2025 01:30pm

Markets

Global crude exports dip as trade routes reshuffle again

HOUSTON: The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic,...

Published 07 Jan, 2025 01:28pm

Business & Finance

Swiss bank Julius Baer to sell Brazilian business

ZURICH: Swiss bank Julius Baer said on Tuesday it will sell its Brazilian domestic wealth management business to...

Published 07 Jan, 2025 01:22pm

Sports

West Indies great Lloyd flays two-tier Test structure

West Indies great Clive Lloyd is “disturbed” by the idea of a two-tier structure for Test cricket and believes...

Published 07 Jan, 2025 01:19pm

Markets

South African rand claws back as Trump tariff debate weakens dollar

JOHANNESBURG: South Africa’s rand firmed early on Tuesday against a softer dollar on hopes for less aggressive...

Published 07 Jan, 2025 01:14pm

Markets

South Korean stocks close higher, tracking Wall Street’s overnight rally

The blue-chip KOSPI closed up 3.46 points

Published 07 Jan, 2025 01:13pm

World

Ukraine shot down 28 Russian drones overnight, military says

KYIV: The Ukrainian military shot down 28 Russian drones overnight, it said on Tuesday. US considers potential rules...

Published 07 Jan, 2025 01:09pm

Markets

Euro zone yields hold steady ahead of inflation data

Euro area bond yields held broadly steady on Tuesday ahead of inflation figures from the euro zone later in the day....

Published 07 Jan, 2025 01:06pm

Sports

Naomi Osaka splits with rapper Cordae ahead of Australian Open

MELBOURNE: Japanese tennis star Naomi Osaka says she and her American rapper boyfriend Cordae have split up just...

Published 07 Jan, 2025 12:41pm

World

Yellen raises ‘serious concern’ to China after US Treasury cyberattack

WASHINGTON: US Treasury Secretary Janet Yellen raised concerns Monday to Beijing about “malicious cyber activity” by...

Published 07 Jan, 2025 12:38pm

World

Winter storm leaves large US region blanketed in snow, ice

WASHINGTON: A major storm system that blanketed a large swathe of the central and eastern United States in snow and...

Published 07 Jan, 2025 12:35pm

Markets

German greenhouse gas emissions fall 3% in 2024: study

BERLIN: German greenhouse gas emissions fell in 2024 but at a slower rate than previous years due to gaps in green...

Published 07 Jan, 2025 12:32pm

World

10 gunmen dead in clash with Mexico security forces

CELAYA: Security forces clashed with gunmen on Monday in one of Mexico’s most violent states, leaving 10 suspected...

Published 07 Jan, 2025 12:30pm

Sports

Ex-England skipper Vaughan backs shake-up ‘to keep Test cricket relevant’

SYDNEY: Former England captain Michael Vaughan threw his support on Tuesday behind a two-tier structure “to save”...

Published 07 Jan, 2025 12:25pm

Sports

Olmo situation overshadowing Barca bid for Spanish Super Cup

BARCELONA: Barcelona coach Hansi Flick is hoping to win the first silverware of his reign this week in the Spanish...

Published 07 Jan, 2025 12:18pm

Sports

Australian Open women’s singles champions

MELBOURNE: Women’s singles champions at the Australian Open this century: 2024 - Aryna Sabalenka (BLR) 2023 - Aryna...

Published 07 Jan, 2025 12:13pm

Sports

‘I’ll be good,’ says bruised Swiatek ahead of Australian Open

WARSAW: For Iga Swiatek, whose confidence has been shaken by slipping to world number two and more so by serving a...

Published 07 Jan, 2025 12:01pm

Life & Style

Sunday’s Golden Globes audience averages 10.1 million

LOS ANGELES: Sunday’s Golden Globes telecast on CBS averaged 10.1 million viewers, a 7% increase from the reported...

Published 07 Jan, 2025 11:58am

World

Russia’s Orthodox patriarch, marking Christmas, says West trying to smother Russia

The patriarch of Russia’s Orthodox Church, celebrating Christmas alongside Kremlin leader Vladimir Putin, said on...

Published 07 Jan, 2025 11:52am

Markets

Iron ore falls on firmer supply, China stimulus disappointment

SINGAPORE: Iron ore futures fell for a third session on Tuesday, weighed by climbing stockpiles of the steelmaking...

Published 07 Jan, 2025 11:46am

Markets

Dost Steels Limited fails to resume operations amid financial challenges

Dost Steels Limited (DSL) informed that it has been unable to resume operations in 2025 due to insufficient working...

Updated 07 Jan, 2025 12:59pm

World

Antony Blinken visits Japan as Nippon Steel decision weighs on relations

WASHINGTON/TOKYO: US President Joe Biden’s decision to block Nippon Steel’s $14.9 billion bid for US Steel cast a...

Published 07 Jan, 2025 11:42am

Technology

Tesla supplier Panasonic Energy: cutting China supply ‘No.1 objective’ for US

LAS VEGAS: Tesla supplier Panasonic Energy plans to eliminate its supply-chain dependence on China for electric...

Published 07 Jan, 2025 11:34am

World

US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing’s military

WASHINGTON/NEW YORK: The US Defence Department said on Monday it has added Chinese tech giants including gaming and...

Published 07 Jan, 2025 11:32am

World

Indonesia joins BRICS bloc as full member, Brazil says

SAO PAULO: Indonesia will formally join BRICS as a full member, Brazil’s government said on Monday, further...

Published 07 Jan, 2025 11:18am

Business & Finance

Thai shippers keeps 2025 export forecast, call for rate cut

BANGKOK: Thailand’s exports are expected to rise 1% to 3% in 2025, unchanged from a previous forecast, with trade...

Published 07 Jan, 2025 11:15am

Markets

Palm falls, tracking weaker rival oils

KUALA LUMPUR: Malaysian palm oil futures slipped lower on Tuesday for a second consecutive session, tracking weaker...

Published 07 Jan, 2025 11:11am

Markets

Chicago corn pulls back from 6-month peak, Argentina dryness caps losses

BEIJING: Chicago corn retreated on Tuesday after rallying to a six-month high in the last session, although a weaker...

Published 07 Jan, 2025 11:08am

Markets

Heavy selling pressure at PSX, KSE-100 loses over 2,500 points

Index-heavy energy stocks drag market lower

Updated 07 Jan, 2025 12:42pm

Business & Finance

Philippines annual inflation at 2.9% in December

MANILA: Philippine annual inflation was 2.9% in December, the statistics agency said on Tuesday, compared to a 2.5%...

Published 07 Jan, 2025 11:03am

Markets

Australia, NZ dollars bounce on Trump tariff pullback report

SYDNEY: The Australian and New Zealand dollars enjoyed some relief on Tuesday although some of the bounce was pared...

Published 07 Jan, 2025 11:01am

Markets

Indian rupee gains as dollar rally takes a breather amid tariff back and forth

MUMBAI: The Indian rupee strengthened in early trading on Tuesday, after US President-elect Donald Trump denied a...

Published 07 Jan, 2025 10:59am

Markets

Gold edges higher with market focus on US economic data

Gold prices nudged higher on Tuesday, as market participants awaited further US economic data to gauge the Federal...

Published 07 Jan, 2025 10:57am

Markets

India bond yields to push higher after US rates reverse decline

MUMBAI: Indian government bond yields are likely to rise at the open on Tuesday after a decline in their US peers,...

Published 07 Jan, 2025 10:55am

Markets

Japan’s Nikkei rises more than 2% as chip-related shares rally

TOKYO: Japan’s Nikkei share average rebounded more than 2% on Tuesday, as chip-related shares tracked their US peers...

Published 07 Jan, 2025 10:54am

Markets

Australia shares rise; banks offset losses in mining, energy stocks

Australian shares rose for a fourth straight day on Tuesday, on the back of gains in banks offsetting losses in...

Published 07 Jan, 2025 10:52am

Markets

Indian benchmarks set to rise after logging worst session in three months

India’s benchmark indexes are set to open higher on Tuesday, after posting their worst session in three months,...

Published 07 Jan, 2025 10:50am

Markets

China’s yuan hovers near 16-month low despite firm fixing, dollar pullback

HONG KONG: The yuan drifted lower on Tuesday, lingering near a 16-month low against the US dollar, even after the...

Published 07 Jan, 2025 10:44am

Markets

China stocks poised for five-day losing streak; HK down on Tencent slump

HONG KONG: China and Hong Kong shares fell broadly on Tuesday due to worries about foreign investors further...

Published 07 Jan, 2025 10:37am

World

Three feared dead as India deploys divers, helicopters to rescue trapped miners

GUWAHATI: Three miners were feared dead inside a flooded coal mine in a remote district of India’s north-eastern...

Published 07 Jan, 2025 10:31am

Markets

Philippines raises $517mn from T-bond offer

MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of 2030 T-bonds on...

Published 07 Jan, 2025 10:26am

Business & Finance

New candidates to be proposed for Thai central bank board chair, says finmin

BANGKOK: Thailand’s central bank and finance ministry will propose new candidates for the next central bank board...

Published 07 Jan, 2025 10:24am

Sports

Sabalenka ready to summon the tiger inside for Melbourne three-peat bid

SYDNEY: Aryna Sabalenka is clear favourite to win a third straight Australian Open title later this month but the...

Published 07 Jan, 2025 10:22am

Markets

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

Currency hovers at 278-279 level against the greenback in inter-bank market

Published 07 Jan, 2025 10:21am

Sports

Kyrgios surprise inclusion in Australia’s Davis Cup squad

Former Wimbledon finalist Nick Kyrgios has been unexpectedly included in Australia’s team for their Davis Cup clash...

Published 07 Jan, 2025 10:19am

World

Powerful earthquake kills nearly 100 in Tibet, rattles Nepal

BEIJING/KATHMANDU: A magnitude 6.8 earthquake rocked the northern foothills of the Himalayas near one of Tibet’s...

Updated 07 Jan, 2025 02:31pm

World

North Korea successfully tests new intermediate-range missile, state media says

SEOUL: North Korean leader Kim Jong Un oversaw a successful test of a new intermediate-range hypersonic ballistic...

Published 07 Jan, 2025 08:58am

World

France identifies first case of new mpox variant, AFP reports

PARIS: France has identified its first case of the new mpox variant, news agency AFP reported on Monday, citing a...

Published 07 Jan, 2025 08:53am

World

Meta elects UFC CEO Dana White, two others to board

Meta Platforms, said on Monday it had elected three new directors to its board, including Dana White, CEO of...

Published 07 Jan, 2025 08:43am

Markets

Exxon sues California AG, environmental groups over attacks on recycling efforts

Exxon Mobil, filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental...

Published 07 Jan, 2025 08:37am

Business & Finance

Toyota backs Japanese space startup Interstellar to mass-produce rockets

A Toyota, research unit will invest in Japanese startup Interstellar Technologies (IST) to support mass production...

Published 07 Jan, 2025 08:32am

World

Trump asks court to delay hush money sentencing

WASHINGTON: US President-elect Donald Trump on Monday urged a judge to delay the sentencing set for Friday in his ...

Published 07 Jan, 2025 08:31am

World

European leaders hit back in Musk meddling row

LONDON: European leaders expressed growing frustration with tech billionaire Elon Musk on Monday, as a major row...

Published 07 Jan, 2025 08:29am

Business & Finance

McDonald’s rolls back some diversity practices in head office

McDonald’s, is retiring its goal for diversity in corporate leadership and shifting away from some diversity...

Published 07 Jan, 2025 08:29am

Pakistan

NA body not happy with performance of PPAF

ISLAMABAD: The National Assembly Standing Committee on Poverty Alleviation and Social Safety on Monday while...

Published 07 Jan, 2025 08:24am

Pakistan

Wapda chief orders early completion of Mohmand Dam

LAHORE: Wapda Chairman Engr Lt Gen Sajjad Ghani (r) has directed project management for early completion of Mohmand...

Published 07 Jan, 2025 08:21am

Pakistan

AK holds Seerat-un-Nabi (PBUH) events for orphans

KARACHI: Alkhidmat Karachi recently hosted a series of storytelling and character-building competitions themed ...

Published 07 Jan, 2025 08:19am

Business & Finance

TDAP engages Deputy HC of BD for enhancing bilateral trade

KARACHI: Sheryar Taj, Secretary TDAP, called on the Deputy High Commissioner of Bangladesh in Karachi, S. M. ...

Published 07 Jan, 2025 08:18am

Markets

Oil prices dip as demand optimism fades

BEIJING/SINGAPORE: Oil prices eased on Tuesday, extending losses into a second consecutive session after last week’s...

Updated 07 Jan, 2025 01:00pm

Markets

Dollar trades near one-week low as market ponders Trump tariffs

TOKYO: The U.S. dollar hovered near a one-week low versus major peers on Tuesday as traders considered whether...

Published 07 Jan, 2025 08:10am

Markets

Asia shares rise on prospect of softer Trump tariffs

SINGAPORE: Asia shares rose on Tuesday, tracking Wall Street’s positive lead and as some investors hoped incoming...

Published 07 Jan, 2025 08:06am

BR Research

Is Udaan the charter of economy we need?

Pakistan’s poor economic performance over the past three decades is frequently attributed to a lack of policy...

Published 07 Jan, 2025 07:48am

BR Research

Power sector’s bleeding wound

Rs600 billion. That’s the staggering cost of inefficiencies in Pakistan’s power distribution sector, as highlighted...

Published 07 Jan, 2025 07:45am

BR Research

Treet Corporation Limited

Published 07 Jan, 2025 05:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 7	278.70
USD PKR Interbank Buying / Jan 7	278.50
USD to Japanese Yen / Jan 7	157.53
USD to Swiss Franc / Jan 7	0.90
Pound Sterling to USD / Jan 7	1.26
Euro to USD / Jan 7	1.04

Stock	Volume
S&P 500 / Jan 6	5,975.38
Nasdaq / Jan 6	19,864.98
Dow Jones / Jan 6	42,706.56
India Sensex / Jan 7	78,237.48
Tokyo Nikkei / Jan 7	40,083.30
Hang Seng / Jan 7	19,402.37
FTSE 100 / Jan 7	8,213.82
Germany DAX 30 / Jan 7	20,154.11

Item	Value
Gold 10 Grams PKR / Jan 6	234,225
Petrol/Litre / Jan 7	252.66
Crude Oil USD/Barrel / Jan 7	73.37
Karachi Cotton PKR/37.32 KG / Jan 7	18,285
Gold Spot USD/Ounce / Jan 7	2,639.74
Diesel/Litre / Jan 7	258.34

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jan 7 Crescent Jute Products Limited(CJPL)	6.30 ▲ 0.76 (13.72%)
Paramount Mod / Jan 7 First Paramount Modaraba(FPRM)	9.27 ▲ 1.00 (12.09%)
Bilal Fibres / Jan 7 Bilal Fibres Limited(BILF)	16.56 ▲ 1.51 (10.03%)
D.M. Textile / Jan 7 D.M. Textile Mills Limited(DMTX)	55.30 ▲ 5.03 (10.01%)
Shadman Cotton / Jan 7 Shadman Cotton Mills Limited(SHCM)	32.43 ▲ 2.95 (10.01%)
Engro Holdings Ltd / Jan 7 Engro Holdings Limited(ENGROH)	261.71 ▲ 23.79 (10.00%)
JDW Sugar / Jan 7 JDW Sugar Mills Limited(JDWS)	822.68 ▲ 74.79 (10.00%)
Apna Microfin. / Jan 7 Apna Microfinance Bank Limited(AMBL)	11.01 ▲ 1.00 (9.99%)
Sec. Inv. Bank / Jan 7 Security Investment Bank Limited(SIBL)	11.25 ▲ 1.02 (9.97%)

Stock	Price
First Capital Equities / Jan 7 First Capital Equities Limited(FCEL)	6.12 ▼ -0.84 (-12.07%)
Ghani Chem. Ind. / Jan 7 Ghani Chemical Industries Limited(GCIL)	16.17 ▼ -1.80 (-10.02%)
Frontier Ceram / Jan 7 Frontier Ceramics Limited(FRCL)	26.90 ▼ -2.99 (-10.00%)
GOC (Pak) / Jan 7 GOC (Pak) Limited.(GOC)	78.41 ▼ -8.71 (-10.00%)
Hafiz Ltd. / Jan 7 Hafiz Limited(HAFL)	253.51 ▼ -28.17 (-10.00%)
Karam Ceramics / Jan 7 Karam Ceramics Limited(KCL)	53.55 ▼ -5.95 (-10.00%)
Liven Pharma / Jan 7 Liven Pharma Limited(LIVEN)	198.37 ▼ -22.04 (-10.00%)
Pak Gulf Leasing / Jan 7 Pak-Gulf Leasing Company Limited(PGLC)	22.68 ▼ -2.52 (-10.00%)
Suhail Jute / Jan 7 Suhail Jute Mills Limited(SUHJ)	173.76 ▼ -19.31 (-10.00%)

Stock	Volume
Cnergyico PK / Jan 7 Cnergyico PK Limited(CNERGY)	83,169,417 ▼ -0.10
WorldCall Telecom / Jan 7 Worldcall Telecom Limited(WTL)	69,761,312 ▲ 0.06
Fauji Foods Ltd / Jan 7 Fauji Foods Limited(FFL)	47,302,289 ▼ -0.46
Fast Cables / Jan 7 Fast Cables Limited(FCL)	41,206,673 ▼ -1.35
K-Electric Ltd. / Jan 7 K-Electric Limited(KEL)	37,359,837 ▼ -0.04
Pak Refinery / Jan 7 Pakistan Refinery Limited(PRL)	35,279,026 ▼ -2.01
Pak Elektron / Jan 7 Pak Elektron Limited(PAEL)	30,582,564 ▼ -0.03
Symmetry Group / Jan 7 Symmetry Group Limited(SYM)	28,673,030 ▼ -0.55
Sui South Gas / Jan 7 Sui Southern Gas Company Limited(SSGC)	27,782,794 ▼ -1.76

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