News Archives for Latest - 2024-09-24

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Archive - 2024-09-24

Hundred hero Brook keeps England alive in Australia ODI series

CHESTER-LE-STREET: England captain Harry Brook’s maiden one-day international century revived his side’s series...

Updated 25 Sep, 2024 01:03am

Europe

Three killed, two wounded in Russian attacks on east Ukrainian towns

KYIV: Russian attacks on two towns in Ukraine’s east killed three people and wounded two more, regional authorities...

Published 24 Sep, 2024 11:27pm

Sri Lanka president dissolves parliament to clear way for Nov. 14 polls

Sri Lanka’s newly elected President Anura Kumara Dissanayake has dissolved parliament to clear the way for a snap...

Published 24 Sep, 2024 11:10pm

Middle East

Israel carries out new attacks, kills 558 people in Lebanon amid fears of wider conflict

Hezbollah hits military facilities in northern Israel
Attacks come after airstrikes by Israeli military kill 558 people including 50 children and 94 women in Lebanon

Updated 24 Sep, 2024 11:01pm

Europe

Turkiye’s Erdogan says UN, Western values dying in Gaza

UNITED NATIONS: Turkish President Tayyip Erdogan said on Tuesday that the values of the United Nations’ system and...

Updated 24 Sep, 2024 11:00pm

Will not rest until constitutional court formed: Bilawal

PPP Chairman says constitutional court required to ensure that no elected prime minister is subjected to unlawful execution in the future

Updated 24 Sep, 2024 11:00pm

Middle East

UN chief warns Lebanon on ‘brink’ as world leaders gather

Gathering of dozens of world leaders, high point of the diplomatic calendar, comes as Israeli strikes kill 558 people in Lebanon

Updated 24 Sep, 2024 10:37pm

MENA

US President Biden says now ‘time to finalise’ Gaza deal and ‘end this war’

He warns against full-scale war after Israel’s Lebanon strikes

Updated 24 Sep, 2024 10:36pm

Pakistan name 15-man squad for first England Test

The national selection committee on Tuesday announced a 15-member squad for the first Test against England,...

Published 24 Sep, 2024 10:28pm

Industry

Mari Petroleum says will invest Rs10bn in tech-focused subsidiary

The Board of Directors of Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, has...

Updated 24 Sep, 2024 10:33pm

Stocks

KSE-100 sees selling pressure, closes 367 points lower

Selling pressure was seen at the Pakistan Stock Exchange (PSX) on Tuesday as the benchmark KSE-100 Index closed...

Updated 24 Sep, 2024 10:31pm

Exchange

Rupee records marginal improvement against US dollar

Currency settles at 277.80 level against the greenback in inter-bank market

Updated 24 Sep, 2024 10:14pm

Asia

Myanmar flood death toll climbs to 419: junta

YANGON: The death toll in Myanmar in the wake of flooding and landslides sparked by Typhoon Yagi has climbed to 419,...

Published 24 Sep, 2024 09:16pm

Energy

Oil prices climb 2% on China stimulus, Middle East conflict

Oil prices climbed about 2% to a three-week high on Tuesday on news of monetary stimulus from China, the world’s top...

Updated 24 Sep, 2024 09:09pm

Companies

Amreli Steels temporarily halts operations at Karachi facility amid economic issues

Due to economic hardships, the Board of Directors (BoD) of Amreli Steels Limited (ASTL) has decided to temporarily...

Updated 24 Sep, 2024 08:49pm

Companies

TOMCL secures $12mn beef export deal with China

In a major development, The Organic Meat Company Limited (TOMCL) has secured a $12-million contract from China for...

Updated 24 Sep, 2024 08:29pm

Energy

Rs8.92 per unit: KE says received ‘Pakistan’s lowest tariff bid’ for 220MW hybrid project

Power utility K-Electric (KE) on Tuesday said it had received the “country’s lowest tariff bid” of Rs8.9189 per unit...

Published 24 Sep, 2024 08:17pm

Europe

Ukraine to spend 60 percent of 2025 budget on defence

KYIV: Kyiv will spend more than 60 percent of its entire state budget on defence and security next year, according...

Published 24 Sep, 2024 07:20pm

Stocks

US stocks open higher after China stimulus

NEW YORK: Wall Street stocks opened higher Tuesday, lifting major indices to fresh record territory after China...

Published 24 Sep, 2024 07:17pm

Middle East

Gaza: over 41,000 Palestinians killed, farmland, schools destroyed

PARIS: The nearly year-long war in Gaza between Israel and Hamas has killed tens of thousands of people, and had...

Updated 24 Sep, 2024 07:13pm

Movies & Music

Pakistan actor Fawad Khan rumoured to make Bollywood comeback

Pakistan actor Fawad Khan is reportedly set to make a comeback in Bollywood with Ridhi Dogra, according to the...

Published 24 Sep, 2024 06:59pm

COAS visits South Waziristan, praises security forces and local support

Army chief lauds tribal elders for their 'invaluable cooperation' in combatting terrorism

Published 24 Sep, 2024 06:56pm

Europe

Russia strikes apartment block in Ukraine’s Kharkiv, three killed, 15 injured

Russia hit a high-rise apartment block in Ukraine’s northeastern city of Kharkiv during an attack with guided bombs...

Published 24 Sep, 2024 06:37pm

Movies & Music

Meryl Streep says a ‘squirrel has more rights’ than an Afghan girl

UNITED NATIONS, United States: American actor Meryl Streep has said a “squirrel has more rights” than a girl in...

Updated 24 Sep, 2024 06:26pm

MENA

Hundreds cross into Syria from Lebanon after Israel strikes: security source

DAMASCUS: Some 500 people have crossed from Lebanon to war-torn Syria, a Syrian security official told AFP Tuesday,...

Published 24 Sep, 2024 06:06pm

15 killed in Pakistan tribal clashes

PESHAWAR: At least 15 people have been killed in clashes between two tribes in northwestern Pakistan, a local...

Published 24 Sep, 2024 05:39pm

Asjad Iqbal crushes Indian opponent to reach IBSF World Six Red Snooker Championship Final

Pakistan’s Asjad Iqbal overpowered India’s Malkeet Singh in the semi-final of the IBSF World Six Red Snooker...

Published 24 Sep, 2024 05:35pm

ICT Police prohibits officers, staff from social media activity without permission

The police officers and officials in Islamabad Capital Territory (ICT) on Tuesday were barred from expressing any...

Published 24 Sep, 2024 05:10pm

Google, Volkswagen partner on smartphone AI assistant

SAN FRANCISCO: Alphabet’s Google is providing key capabilities for an artificial intelligence assistant for...

Published 24 Sep, 2024 04:58pm

UN summit: Asif says sustainable development cannot happen while tragedies like Gaza being perpetuated

Defence Minister Khawaja Asif has said that no sustainable development can be achieved until tragedies like Gaza are...

Updated 24 Sep, 2024 04:57pm

China’s Olympic champ Zheng embraces big home expectations

BEIJING: Paris Olympics champion Zheng Qinwen said Tuesday she hopes to use the fervent support of the home crowd to...

Published 24 Sep, 2024 04:45pm

Commodities

Explaining the price-surge: all that glitters is gold in Pakistan

The price of one-tola gold in Pakistan hit yet another all-time high on Tuesday to Rs273,000, breaking the previous...

Published 24 Sep, 2024 04:43pm

Middle East

Iran president says Hezbollah ‘cannot stand alone’ against Israel

TEHRAN: Iran’s President Masoud Pezeshkian said Tuesday that its ally Hezbollah “cannot stand alone” against Israel...

Published 24 Sep, 2024 04:40pm

Middle East

Iran’s Pezeshkian to meet Putin, attend BRICS summit

TEHRAN: Iranian President Masoud Pezeshkian will hold talks with Vladimir Putin during a visit to Russia next month...

Published 24 Sep, 2024 04:33pm

Europe

Zelensky holds flurry of bilateral meetings at UN to shore up support for Ukraine

KYIV: Ukraine’s President Volodymyr Zelensky, who is in New York for the meeting of world officials at the United...

Updated 24 Sep, 2024 04:33pm

Luxury

Rolex begins selling used watches, but at a premium

Luxury Swiss watchmaker moves into the 'certified pre-owned' market

Published 24 Sep, 2024 04:22pm

Luxury

Diamond necklace valued at up to $2.8mn heads to auction

LONDON: A rare diamond necklace with possible links to former French queen consort Marie Antoinette is to be...

Published 24 Sep, 2024 03:09pm

Private airline’s flight narrowly averts disaster

KARACHI: A Fly Jinnah aircraft narrowly averted disaster when it safely executed an emergency landing after a cargo...

Updated 24 Sep, 2024 03:12pm

Commodities

New record high: gold price hits Rs273,000 per tola in Pakistan

After declining in the previous session, gold prices in Pakistan jumped on Tuesday in line with their increase in...

Published 24 Sep, 2024 02:41pm

Companies

Newage Cables and China Electric Power Equipment & Technology (CET) sign agreement worth RMB75 million

Newage Cables and China Electric Power Equipment & Technology (CET) have signed an agreement through their...

Published 24 Sep, 2024 02:08pm

Stocks

Most Gulf markets gain in line with oil, Asian shares

Most major stock markets in the Gulf rose in early trade on Tuesday in line with oil prices and Asian shares buoyed...

Published 24 Sep, 2024 01:50pm

Stocks

London shares jump as China stimulus lifts mining, luxury stocks

UK stocks rose on Tuesday tracking global gains, as markets cheered fresh stimulus measures in China that lifted...

Published 24 Sep, 2024 01:19pm

Stocks

European shares jump on China stimulus; luxury stocks shine

European shares opened higher on Tuesday, as China’s sweeping stimulus measures boosted stocks of luxury companies...

Published 24 Sep, 2024 01:17pm

Fire engulfs building near Karachi’s Empress Market

A fire erupted on Tuesday in a building near Empress Market in Karachi’s Saddar area. As per Rescue 1122, the fire...

Updated 24 Sep, 2024 01:10pm

Commodities

Palm snaps four-session winning run on firm ringgit, India demand concerns

KUALA LUMPUR: Malaysian palm oil futures fell for the first time in five sessions on Tuesday, on stronger ringgit...

Published 24 Sep, 2024 12:29pm

Stocks

Japan’s Nikkei posts 3-week closing high on Wall Street strength, dovish BOJ

TOKYO: Japan’s Nikkei share average rose on Tuesday to a three-week closing high as markets resumed trade after a...

Updated 24 Sep, 2024 12:25pm

Stocks

Australian equities slip as bank losses edge out jump in miners

Australian shares ticked lower on Tuesday with financials leading losses after the central bank left interest rates...

Updated 24 Sep, 2024 12:22pm

Europe

Erdogan calls for US to lift sanctions hindering defence purchases

ANKARA: Turkish President Tayyip Erdogan called for U.S. sanctions blocking some defence purchases by his country...

Published 24 Sep, 2024 12:18pm

Stocks

South Korea stocks extend gains to sixth session on further US rate cut hopes

KOSPI closed up 29.26 points, or 1.12%, at 2,631.27

Updated 24 Sep, 2024 12:14pm

Stocks

Chinese stocks, bonds, yuan rally after Beijing slashes rates

SINGAPORE: Chinese stocks surged on Tuesday, the yuan jumped and bonds rallied briefly after Beijing announced a...

Published 24 Sep, 2024 12:11pm

South Asia

China FM slams ‘indiscriminate attacks’ on civilians in talks with Lebanese counterpart

BEIJING: China’s top diplomat Wang Yi expressed support for Lebanon and condemned what he termed “indiscriminate...

Published 24 Sep, 2024 11:26am

South Asia

IMF says ready for talks with Sri Lanka’s new leftist government

COLOMBO: The International Monetary Fund is ready to discuss its controversial $2.9 billion bailout programme for...

Published 24 Sep, 2024 11:21am

US Open champion Sabalenka chases year-end number one ranking

BEIJING: Aryna Sabalenka said Tuesday that she wants to cap off a stellar year by returning to the top of the world...

Published 24 Sep, 2024 11:15am

Middle East

Qatar Airways suspends Beirut flights until Wednesday

DOHA: Qatar Airways said Tuesday it had suspended flights to Beirut until Wednesday as tensions escalated between...

Published 24 Sep, 2024 11:11am

Commodities

Gold holds ground on dovish Fed-speak, Mideast concerns

Gold prices steadied on Tuesday after surging to a record high in the previous session, following broadly dovish...

Published 24 Sep, 2024 11:01am

Commodities

Iron ore recovers on fresh China stimulus, seasonal stockpiles

SINGAPORE: Prices of iron ore futures recouped losses on Tuesday, as a wave of new monetary stimulus from China and...

Published 24 Sep, 2024 10:41am

Financial

JGB yields fall as bets ease for near-term rate hike after dovish BOJ

TOKYO: Japanese government bond (JGB) yields slumped on Tuesday, as investors digested the Bank of Japan’s (BOJ)...

Published 24 Sep, 2024 10:30am

Commodities

Soybeans ease after rally, supply worries limit decline

SINGAPORE: Chicago soybeans edged lower on Tuesday, surrendering some of the previous session’s gains that drove...

Published 24 Sep, 2024 10:28am

Commodities

Copper hits two-month high on US rate cut momentum, improving China demand

Copper prices rose on Tuesday on continued momentum of the U.S. interest rate cut last week and improving demand in...

Published 24 Sep, 2024 10:22am

Stocks

Asia stocks hit 2-1/2-year high on China’s stimulus measures

SINGAPORE: Asian stocks rose on Tuesday to their highest in more than two and half years, boosted by a slew of...

Published 24 Sep, 2024 10:11am

Forex

Indian rupee’s upside seen largely capped at current level

MUMBAI: The Indian rupee is expected to open little changed to slightly higher on Tuesday amid a dovish Federal...

Published 24 Sep, 2024 10:00am

Financial

India bond yields steady ahead of $4bn state debt sale

MUMBAI: Indian government bond yields were little changed in early trading on Tuesday, as market participants...

Published 24 Sep, 2024 09:58am

Stocks

Indian shares take a breather at record high levels

BENGALURU: Indian shares opened relatively flat on Tuesday, holding steady at record highs as traders paused...

Published 24 Sep, 2024 09:51am

Forex

Aussie dollar near 2024 high as China cuts rates ahead of RBA

TOKYO: The Australian dollar hovered close to its highest level this year on Tuesday, with the central bank set to...

Published 24 Sep, 2024 09:45am

‘Over-reliance on imports from China’: NA panel speaks about the challenge

Standing Committee on Commerce asks Commerce Ministry to adopt successful regional trade models used by other countries

Updated 24 Sep, 2024 09:27am

Reko Diq: ADB may approve 3rd-party guarantee by Feb

ISLAMABAD: The Ministry of Finance (MoF) has said that a third-party guarantee arrangement on Reko Diq is likely to...

Updated 24 Sep, 2024 09:20am

Covid subsidy to consumers: NA body summons KE CEO over non-payment

ISLAMABAD: The National Assembly’s standing committee on industries and production has summoned the K-Electric CEO...

Updated 24 Sep, 2024 09:18am

Detailed judgment issued: SC says ECP ‘unlawfully’ denying major party its recognition

ISLAMABAD: The Election Commission of Pakistan (ECP) has been asked to issue directions or orders under Article 218...

Updated 24 Sep, 2024 09:15am

Concerns voiced over ‘growing misuse’ of EFS

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed its concerns about the growing misuse of...

Updated 24 Sep, 2024 09:11am

Import of cash USD: SBP grants ECs one-year extension

KARACHI: The State Bank of Pakistan (SBP) on Monday granted one-year extension to Exchange Companies (ECs) for the...

Updated 24 Sep, 2024 09:11am

Justice Mansoor objects to Practice and Procedure Ord

ISLAMABAD: Justice Syed Mansoor Ali Shah, senior puisne judge of the Supreme Court, objected to the changes made to...

Updated 24 Sep, 2024 09:09am

BR’s refresher: your morning briefing for the day

Important updates from September 23, 2024

Published 24 Sep, 2024 09:06am

Imran Khan says PTI will start street movement

ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Monday said that his...

Updated 24 Sep, 2024 09:07am

Likely to arrive next month: Green energy initiative will be shared with Malaysia PM

ISLAMABAD: Malaysian Prime Minister Anwar Ibrahim is likely to visit Pakistan on October 2-4, 2024, on the...

Updated 24 Sep, 2024 09:05am

Lt-Gen Asim Malik made chief of ISI

ISLAMABAD: Lieutenant General Asim Malik has been appointed as the Director General of the Inter-Services...

Updated 24 Sep, 2024 08:52am

Xi greets Shehbaz

ISLAMABAD: Chinese President Xi Jinping on Monday sent a congratulatory letter to Prime Minister Shehbaz Sharif,...

Updated 24 Sep, 2024 08:52am

Shabbir Tiles & Ceramics Limited

Shabbir Tiles & Ceramics Limited (PSX: STCL) was incorporated in Pakistan as a public limited company in 1978....

Published 24 Sep, 2024 08:24am

OGDC in FY24

Oil and Gas Development Company Limited announced its financial performance for FY24, and the E&P giant...

Published 24 Sep, 2024 08:09am

IPP showdown: balancing power and investment

A new round of IPP negotiations has commenced. The cat (invisible technical team) is out of the bag. The round began...

Published 24 Sep, 2024 08:05am

Israel the last apartheid entity of our century

“In cases of defense ’tis best to weigh”, Shakespeare warns“ The Enemy more mighty than he seems“ a suggestion...