Latest News

All Markets Business & Finance World Pakistan Editorials

Markets

Sri Lanka shares end lower as real estate, consumer discretionary drag

CSE All-Share index settled 1.06% lower at 15,878.60

Published 06 Jan, 2025 04:51pm

Markets

Copper lifted by softer dollar but uncertainty clouds outlook

LONDON: Copper prices rose as the dollar eased on Monday, but gains were capped by uncertainty over the demand...

Published 06 Jan, 2025 04:48pm

Markets

Palm slips on poor demand from India

KUALA LUMPUR: Malaysian palm oil futures slipped on Monday, pressured by weak demand from key destination market,...

Published 06 Jan, 2025 04:45pm

Markets

Chip stocks boost European shares at start of data-heavy week

European shares ticked up Monday as chip stocks advanced following Microsoft’s bumper AI investment announcement,...

Published 06 Jan, 2025 03:59pm

Markets

PPL’s subsidiary receives $6mn settlement from Iraq’s Midland Oil Company

PPL Asia E&P B.V. (PPL Asia), a subsidiary of Pakistan Petroleum Limited (PPL), has received a settlement amount...

Updated 06 Jan, 2025 04:36pm

Markets

Ugandan shilling little-changed in thin trade

KAMPALA: The Ugandan shilling was little-changed on Monday amid thin dollar demand and supply, traders said. Ugandan...

Published 06 Jan, 2025 03:57pm

Markets

UK’s FTSE 100 lags European peers as Rolls-Royce, Unilever weigh

UK’s FTSE 100 inched down on Monday as rating downgrades on index heavyweights Rolls-Royce and Unilever weighed at...

Published 06 Jan, 2025 03:54pm

World

US airlines cancel over 1,300 flights after winter storm

Airlines in the United States canceled more than 1,300 flights on Monday after a winter storm brought snow, ice and...

Published 06 Jan, 2025 03:52pm

Sports

Shan Masood keeps S.Africa at bay as Pakistan fight on in second Test

CAPE TOWN: Captain Shan Masood is unbeaten on 137 as Pakistan continue to defy hosts South Africa having gone to...

Published 06 Jan, 2025 03:48pm

World

Bangladesh issues second arrest warrant for exiled Hasina

DHAKA: A Bangladeshi court has issued a second arrest warrant for exiled former leader Sheikh Hasina, this time for...

Published 06 Jan, 2025 03:41pm

World

New Syria foreign minister begins first visit to UAE: state media

DAMASCUS: Syria’s new foreign minister Asaad al-Shaibani landed in the United Arab Emirates Monday on his first...

Published 06 Jan, 2025 03:39pm

Markets

Gold price per tola decreases Rs700 in Pakistan

After declining in the previous session, gold prices in Pakistan decreased further on Monday in line with their...

Published 06 Jan, 2025 03:37pm

Sports

Luis Enrique praises PSG’s fighting spirit in Super Cup victory

Paris St Germain coach Luis Enrique praised his team for starting the year on the right foot and said their 1-0 win...

Published 06 Jan, 2025 02:31pm

Sports

Indonesia sack coach Shin, citing World Cup target

JAKARTA: Indonesia sacked coach Shin Tae-yong on Monday with the country’s football chief saying the team needed...

Published 06 Jan, 2025 02:27pm

Sports

Australia debacle exposes India’s Bumrah dependency

NEW DELHI: India’s 3-1 defeat in Australia exposed the fragility of their top order, but equally unmissable was how...

Published 06 Jan, 2025 02:25pm

World

German Christmas market attack death toll rises to six

BERLIN: A 52-year-old woman has died in hospital from injuries sustained after a man drove his car into a German...

Published 06 Jan, 2025 02:13pm

World

Antony Blinken expresses confidence in South Korea democratic process as Yoon faces arrest

SEOUL: South Korean investigators will seek an extension of a warrant to arrest impeached President Yoon Suk Yeol,...

Published 06 Jan, 2025 02:09pm

World

The Ghosts of Grenfell: No penalties for UK firms that used deadly building material

LONDON: When the deadly Grenfell Tower blaze in 2017 led to revelations that high-rise public housing buildings...

Published 06 Jan, 2025 02:03pm

Markets

Pakistan’s Symmetry Group partners with Dubai-based Aleph Holdings, eyes $5mn revenue

Symmetry Group (SYM), a digital technology company based in Pakistan, has entered into an agreement with Aleph...

Updated 06 Jan, 2025 04:39pm

World

Church of England faces uncharted waters as Welby’s tenure ends

LONDON: Archbishop of Canterbury Justin Welby will end his duties on Monday after quitting amid an abuse cover-up...

Published 06 Jan, 2025 01:48pm

Markets

Australia, NZ dollars off 2-yr lows but inflation data looms

SYDNEY: The Australian dollar moved further away from two-year lows on Monday, although a likely soft reading on...

Published 06 Jan, 2025 01:40pm

Markets

Iron ore falls to more than one-month low on slow China metal output

SINGAPORE: Iron ore futures extended declines to a second straight session on Monday, weighed down by slower...

Published 06 Jan, 2025 01:18pm

Business & Finance

UAE non-oil business activity growth picks up in December, PMI shows

DUBAI: The United Arab Emirates’ non-oil private sector expanded at its fastest pace in nine months in December,...

Published 06 Jan, 2025 12:55pm

Business & Finance

Mazda to build module pack plant in southwest Japan

TOKYO: Mazda Motor said on Monday that it will build a new module pack plant for automotive cylindrical lithium-ion...

Published 06 Jan, 2025 12:51pm

Markets

China stocks fall to three-month low as trade, growth concerns persist

HONG KONG: Chinese stocks extended losses to fresh three-month lows on Monday, despite regulators’ meetings with...

Published 06 Jan, 2025 12:42pm

World

India’s services sector ended 2024 on a strong footing, PMI shows

BENGALURU: India’s dominant services sector ended 2024 on a high note as sustained demand boosted activity to a...

Published 06 Jan, 2025 12:38pm

Life & Style

‘Shogun’ and ‘Hacks’ win top TV honors at Golden Globes

BEVERLY HILLS: ‘Shogun,’ FX’s historical epic set in imperial Japan, claimed the prestigious best drama television...

Updated 06 Jan, 2025 01:51pm

Markets

Asian currencies weaken ahead of data-packed week, stocks mixed

Emerging Asian currencies struggled for momentum against a resilient dollar on Monday, while stock markets were...

Published 06 Jan, 2025 12:32pm

Sports

Man City’s Grealish must fight for spot, says Guardiola

Jack Grealish must fight for his place in Manchester City’s starting line-up and rediscover the level he showcased...

Published 06 Jan, 2025 12:29pm

Business & Finance

Egypt’s non-oil private sector contracts in December as cost pressures rise, PMI shows

CAIRO: Operating conditions in Egypt’s non-oil private sector deteriorated in December, with output and new orders...

Published 06 Jan, 2025 12:27pm

World

Malaysia court grants jailed ex-PM Najib’s request to see document he says allows home detention

KUALA LUMPUR: Malaysia’s appeals court granted on Monday a bid by jailed former Prime Minister Najib Razak to obtain...

Published 06 Jan, 2025 12:00pm

Markets

Gold gains as focus shifts to US economic data

Gold prices inched higher on Monday, supported by a softer dollar, while investors awaited a slew of US economic...

Published 06 Jan, 2025 11:49am

Business & Finance

BOJ must be vigilant to risks in deciding rate-hike timing, governor Ueda says

TOKYO: Bank of Japan Governor Kazuo Ueda said on Monday the central bank must be vigilant to various risks in...

Published 06 Jan, 2025 11:45am

Sports

Injured Osaka ‘very optimistic’ about Australian Open

SYDNEY: Naomi Osaka will undergo a scan on the injury that forced her to pull out of the Auckland Classic final but...

Published 06 Jan, 2025 11:43am

Business & Finance

Vietnam’s 2024 GDP growth quickens to 7.09%

HANOI: Vietnam’s gross domestic product grew 7.09% last year, greater than the 5.05% expansion in 2023, driven by...

Published 06 Jan, 2025 11:39am

Markets

Chicago soybeans, corn climb on Argentina weather concerns

BEIJING: Chicago soybean and corn futures rose on Monday, supported by concerns over dryness in key exporter...

Published 06 Jan, 2025 11:35am

Markets

Volatility at PSX, KSE-100 sheds 1,332 points

Selling pressure observed in key sectors including commercial banks, oil and gas exploration companies

Updated 06 Jan, 2025 04:32pm

Business & Finance

Xpeng, Volkswagen to build ultra-fast charging network in China

BEIJING: China’s Xpeng Motors and Volkswagen have agreed to expand their partnership to cooperate on ultra-fast...

Published 06 Jan, 2025 11:29am

Markets

Palm opens higher on stronger Dalian palm olein, Chicago soyoil

KUALA LUMPUR: Malaysian palm oil futures opened higher on Monday for a second consecutive session, supported by...

Published 06 Jan, 2025 11:25am

Markets

India bond yields may press higher tracking US rates

MUMBAI: Indian government bond yields may nudge higher in opening trades on Monday, tracking an uptick in US rates...

Published 06 Jan, 2025 11:23am

Business & Finance

Thai central bank says maintaining interest rate is a robust policy amid uncertainty

BANGKOK: Thailand’s central bank said on Monday holding the key interest rate steady last month was a robust policy...

Published 06 Jan, 2025 11:21am

Life & Style

Golden Globes honor Demi Moore, Sebastian Stan in film awards

BEVERLY HILLS: Demi Moore and Sebastian Stan landed Golden Globe awards on Sunday as actors competed in the first of...

Updated 06 Jan, 2025 01:40pm

Markets

Japan’s Nikkei falls on 1st trading day of 2025 after year-end rally

TOKYO: Japan’s Nikkei share average fell on the first trading day of 2025 on Monday as investors sold stocks after...

Published 06 Jan, 2025 11:13am

Pakistan

£190mn case: verdict to be announced on January 13

The verdict in the 190 million pounds case against Pakistan Tehreek-e-Insaf (PTI) founder and former prime minister...

Updated 06 Jan, 2025 04:31pm

Markets

Australia shares gain; Insignia jumps on $1.8bn buyout offer

Banks propelled Australian stocks higher for a third straight session on Monday, while money manager Insignia...

Published 06 Jan, 2025 11:08am

World

Canada PM Trudeau to announce resignation as early as Monday, Globe and Mail reports

Canadian Prime Minister Justin Trudeau is expected to announce as early as Monday that he will resign as Liberal...

Published 06 Jan, 2025 11:05am

Markets

Vietnam 2024 coffee exports down 17.2% y/y at 1.34mn T

HANOI: Vietnam exported 1.34 million metric tons of coffee in 2024, down 17.2% from the previous year, government...

Published 06 Jan, 2025 11:02am

Markets

Iran lowers January light crude price to Asia

Iran has set the official selling price (OSP) for its light crude oil grade for Asian buyers at $1.35 a barrel above...

Published 06 Jan, 2025 11:01am

Markets

Vietnam December rice exports up 19.9% y/y at 590,000 T

HANOI: Vietnam exported 590,000 metric tons of rice in December, up 19.9% from the same month a year earlier,...

Published 06 Jan, 2025 10:57am

Markets

China’s yuan falls to 16-month low despite firmer fix, state media messages

SHANGHAI: China’s yuan weakened to a fresh 16-month low against the dollar in early trading on Monday, despite a...

Published 06 Jan, 2025 10:56am

Markets

Indian rupee to stay under pressure, all eyes on central bank’s defence of 85.80

MUMBAI: The Indian rupee is tipped to stay under pressure on Monday with the US dollar holding near a two-year peak,...

Published 06 Jan, 2025 10:54am

Markets

Engro Holdings appoints Abdul Samad Dawood as CEO

The Board of Directors (BoD) of Engro Holdings Limited, one of Pakistan’s largest conglomerates, has appointed Abdul...

Updated 06 Jan, 2025 04:33pm

Markets

Indian shares seen opening marginally higher

India’s benchmark indexes are likely to open marginally higher on Monday, with analysts anticipating incremental...

Published 06 Jan, 2025 10:47am

Markets

Rupee registers marginal decline against US dollar

Currency settles at 278.62 against greenback in inter-bank market

Updated 06 Jan, 2025 04:35pm

World

Zelenskiy says Kyiv security guarantees will only work if US provides them

KYIV: Ukrainian President Volodymyr Zelenskiy said security guarantees for Kyiv to end Russia’s war would only be...

Published 06 Jan, 2025 09:01am

World

North Korea fires suspected mid-range missile as Blinken visits Seoul

SEOUL: North Korea fired what appeared to be an intermediate-range ballistic missile out to sea on Monday,...

Updated 06 Jan, 2025 12:45pm

World

US to ease aid restrictions for Syria in limited show of support for new government, WSJ reports

The Biden administration plans to announce Monday that it will ease restrictions on humanitarian aid for Syria,...

Published 06 Jan, 2025 08:53am

BR Research

It’s the Referee’s call

NEPRA’s State of Industry Report FY24 surprisingly came out within 2024, continuing the trend of identifying...

Published 06 Jan, 2025 08:50am

Sports

Djokovic still stressed at Melbourne airport after 2022 deportation

SYDNEY: Novak Djokovic has admitted to still getting stressed when he gets off a plane at Melbourne airport after he...

Published 06 Jan, 2025 08:49am

BR Research

Of delusions of grandeur

Some statements made by industry leaders should come with a trigger warning. So fare warnings, readers: ridiculous...

Published 06 Jan, 2025 08:47am

World

South Korea extends shutdown of Muan airport due to crash probe

SEOUL: South Korea’s government said on Monday it will extend the shutdown of Muan International Airport by a week...

Published 06 Jan, 2025 08:44am

BR Research

Pakistan State Oil

Pakistan State Oil (PSX: PSO) is the largest oil marketing company (OMC) in the country, commanding the highest...

Published 06 Jan, 2025 08:42am

World

Winter storm hits central US, barrels toward Washington

A winter storm brought snow, ice and freezing temperatures to a broad swath of the U.S. on Sunday, with some 60...

Published 06 Jan, 2025 08:39am

World

South Korean police asked to execute arrest warrant for impeached president

SEOUL: South Korea’s anti-corruption agency said on Monday that it had asked police to take over the execution of an...

Published 06 Jan, 2025 08:34am

Business & Finance

China services activity hits 7-month high but US trade fears dent optimism, Caixin PMI shows

BEIJING: China’s services activity expanded at the fastest pace in seven months in December, driven by a surge in...

Published 06 Jan, 2025 08:29am

Business & Finance

Japan’s service activity expands on solid demand, PMI shows

TOKYO: Japan’s service activity expanded for a second straight month in December, buoyed by solid demand and...

Published 06 Jan, 2025 08:26am

Business & Finance

China’s Geely Holding targets over 5 million units of annual sales by 2027

SHANGHAI: China’s Geely Holding Group on Sunday said it aims to sell more than 5 million vehicles annually by 2027,...

Published 06 Jan, 2025 08:23am

Markets

Nippon Steel shares down after US government blocks U.S. Steel purchase

TOKYO: Shares in Nippon Steel, fell more than 1% on Monday after U.S. President Joe Biden blocked its proposed $14.9...

Published 06 Jan, 2025 08:19am

Business & Finance

South Korea’s LG CNS launches IPO for up to $817 mln, term sheet says

SYDNEY: South Korean IT services provider LG CNS started book building on Monday to raise up to $817 million in an...

Published 06 Jan, 2025 08:15am

Markets

Shares patchy in Asia, Canadian dollar up on Trudeau report

SYDNEY: Share markets got off to a patchy start in Asia on Monday ahead of a week brimming with economic news that...

Published 06 Jan, 2025 08:11am

Markets

Dollar hovers near two-year high; yuan under threat

SINGAPORE: The dollar eased a touch on Monday but stayed close to a two-year peak, as traders awaited a raft of U.S....

Published 06 Jan, 2025 08:05am

Markets

Oil resists dollar pressure to hold at three-month high

LONDON: Oil prices eased on Monday, pressured by a strong dollar, but remained at their highest since mid-October as...

Updated 06 Jan, 2025 03:50pm

Pakistan

The Weather

KARACHI: The weather report on Sunday (January 05, 2025) and the forecast for Monday (January 06, 2025)....

Published 06 Jan, 2025 05:47am

Pakistan

PU appoints Dr Shabbir as Director Sports

LAHORE: Dr. Shabbir Sarwar has assumed the charge of the office of Punjab University Director Sports with the...

Published 06 Jan, 2025 05:47am

Pakistan

Drugs seized in Khyber district

PESHAWAR: The police have claimed to have separately seized 15 kilogram of hashish and approximately 500 drug ...

Published 06 Jan, 2025 05:47am

Pakistan

CM condemns Turbat blast

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif strongly concerned a bomb blast in Turbat, and paid a rich tribute...

Published 06 Jan, 2025 05:47am

Pakistan

Meeting discusses improvements in college education system

HYDERABAD: The 30th meeting of the Board of Governors for Law Colleges affiliated with Shah Abdul Latif University...

Published 06 Jan, 2025 05:47am

World

India press watchdog demands journalist murder probe

NEW DELHI: India’s media watchdog has demanded a thorough investigation after a journalist’s battered body was...

Published 06 Jan, 2025 05:47am

World

Massive storm slams US with snow, ice, bitter cold

WASHINGTON: A powerful winter storm hammered the United States on Sunday, with meteorologists warning millions in ...

Published 06 Jan, 2025 05:47am

World

Austrian conservatives pick interim leader after chancellor quits

VIENNA: Austria’s ruling conservatives picked Secretary-General Christian Stocker as interim successor to...

Published 06 Jan, 2025 05:47am

World

Musk says Farage should step down as leader of Reform UK

LONDON: US billionaire Elon Musk said on Sunday that Nigel Farage should step down as the leader of Britain’s...

Published 06 Jan, 2025 05:47am

World

Rebels seize key town in eastern Congo

KINSHASA: Rwanda-backed M23 rebels have seized a strategic eastern town near the provincial capital Goma in...

Published 06 Jan, 2025 05:47am

Sports

More than 4000 runners participate in Karachi Marathon

KARACHI: The Karachi Marathon 2025, a certified annual marathon event in Pakistan, successfully concluded with an...

Published 06 Jan, 2025 05:47am

Sports

Player retentions for HBL-PSL 2025 announced

LAHORE: The six HBL PSL franchises have announced their retentions ahead of the HBL PSL 2025 Players’ Draft which...

Published 06 Jan, 2025 05:47am

World

MAGA civil war sparks fears of chaotic Trump White House

WASHINGTON: With Donald Trump’s allies in open warfare ahead of his inauguration, analysts see the latest...

Published 06 Jan, 2025 05:47am

Uraan Pakistan to lead country towards progress: Ahsan

NAROWAL: Minister for Planning and Development Ahsan Iqbal says ‘Uraan Pakistan’ Program will lead the country...

Updated 06 Jan, 2025 09:06am

Business & Finance

Railways official apprised about issues facing KP traders

PESHAWAR: Chairman Standing Committee of Sarhad Chamber of Commerce on Railways and Dryport, Zia-ul-Haq Sarhadi...

Published 06 Jan, 2025 05:47am

Pakistan

Flood-affected women: SCF distributes cash transfers for livelihood recovery

HYDERABAD: The Sindh Community Foundation (SCF), with support from Solidar Suisse, has launched an initiative to...

Published 06 Jan, 2025 05:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 6	278.68
USD PKR Interbank Buying / Jan 6	278.48
USD to Japanese Yen / Jan 6	157.66
USD to Swiss Franc / Jan 6	0.91
Pound Sterling to USD / Jan 6	1.25
Euro to USD / Jan 6	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
Nasdaq / Jan 3	19,621.68
Dow Jones / Jan 3	42,732.13
India Sensex / Jan 6	78,130.84
Tokyo Nikkei / Jan 6	39,307.05
Hang Seng / Jan 6	19,688.29
FTSE 100 / Jan 6	8,215.60
Germany DAX 30 / Jan 6	19,991.90

Item	Value
Petrol/Litre / Jan 6	252.66
Crude Oil USD/Barrel / Jan 6	73.66
Karachi Cotton PKR/37.32 KG / Jan 6	18,285
Gold 10 Grams PKR / Jan 6	235,768
Gold Spot USD/Ounce / Jan 6	2,627.79
Diesel/Litre / Jan 6	258.34

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jan 6 786 Investments Limited(786)	8.64 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jan 6 Al-Abbas Sugar Mills Limited(AABS)	739.99 ▼ 0.00 (0.00%)
Agro Allianz / Jan 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jan 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jan 6 Ali Asghar Textile Mills Limited(AATM)	86.99 ▼ 0.00 (0.00%)
Allied Bank / Jan 6 Allied Bank Limited(ABL)	137.75 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 6 Abbott Laboratories (Pakistan) Limited(ABOT)	1,282.05 ▼ 0.00 (0.00%)
Abson Ind. / Jan 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jan 6 Alfalah Consumer Index ETF.(ACIETF)	15.16 ▼ 0.00 (0.00%)

Stock	Price
Dawood Lawrencepur / Jan 6 Dawood Lawrencepur Limited(DLL)	250.10 ▼ -4.84 (-1.90%)
786 Invest Ltd / Jan 6 786 Investments Limited(786)	8.64 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jan 6 Al-Abbas Sugar Mills Limited(AABS)	739.99 ▲ 0.00 (0.00%)
Agro Allianz / Jan 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jan 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jan 6 Ali Asghar Textile Mills Limited(AATM)	86.99 ▲ 0.00 (0.00%)
Allied Bank / Jan 6 Allied Bank Limited(ABL)	137.75 ▲ 0.00 (0.00%)
Abbott Lab. / Jan 6 Abbott Laboratories (Pakistan) Limited(ABOT)	1,282.05 ▲ 0.00 (0.00%)
Abson Ind. / Jan 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Jan 6 Worldcall Telecom Limited(WTL)	73,230,816 ▲ 0.00
Cnergyico PK / Jan 6 Cnergyico PK Limited(CNERGY)	57,326,691 ▲ 0.00
Fauji Cement / Jan 6 Fauji Cement Company Limited(FCCL)	54,376,196 ▲ 0.00
Fauji Foods Ltd / Jan 6 Fauji Foods Limited(FFL)	48,486,153 ▲ 0.00
Pace (Pak) Ltd. / Jan 6 Pace (Pakistan) Limited(PACE)	47,351,133 ▲ 0.00
K-Electric Ltd. / Jan 6 K-Electric Limited(KEL)	47,018,900 ▲ 0.00
Bank Makramah / Jan 6 Bank Makramah Limited(BML)	34,268,257 ▲ 0.00
Pak Elektron / Jan 6 Pak Elektron Limited(PAEL)	32,625,743 ▲ 0.00
B.O.Punjab / Jan 6 The Bank of Punjab(BOP)	26,761,290 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Latest News

Most Popular