Stocks Wall Street sputters amid rate hike jitters NEW YORK: US stocks struggled for gains on Wednesday as an on-target inflation report stanched an extension of... Published 15 Sep, 2022 07:26am
Stocks China, Hong Kong stocks slump on bets of aggressive Fed rate hikes SHANGHAI: China stocks fell on Wednesday by their most in three weeks, weighed down fears of fund outflows after... Published 15 Sep, 2022 07:24am
Stocks Japan stocks slump on US CPI data TOKYO: Japanese stocks fell the most in three months on Wednesday, after overnight Wall Street losses on an... Published 15 Sep, 2022 07:23am
Stocks UK equities fall despite cooling August inflation LONDON: Britain’s main stock indexes fell on Wednesday after a surprise fall in consumer prices did little to calm... Published 15 Sep, 2022 07:21am
Commodities Palm oil snaps 3-day rally on inflation jitters KUALA LUMPUR: Malaysian palm oil futures closed lower on Wednesday as traders booked profits after a three-day ... Published 15 Sep, 2022 07:20am
Money & Banking Yen jumps vs dollar after BOJ rate check, hints on intervention, US PPI data NEW YORK: The yen was up more than 1% against the dollar on Wednesday after the Bank of Japan conducted a rate check... Published 15 Sep, 2022 07:18am
Energy Oil rises 1pc on supply concerns, expectations for fuel switching NEW YORK: Oil edged up 1% on Wednesday as an international energy watchdog expects an increase in gas-to-oil... Published 15 Sep, 2022 07:16am
Commodities Copper and aluminium fall on rate hike expectations LONDON: Copper and aluminium prices fell on Wednesday as the threat of rising interest rates weakened the outlook ... Published 15 Sep, 2022 07:14am
Grains US corn, soybean futures fall CHICAGO: US soybean and corn futures fell on Wednesday on a round of technical selling as traders adjusted their... Published 15 Sep, 2022 07:13am
Cotton & Textile Sizeable business activity on cotton market LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained satisfactory. Cotton... Published 15 Sep, 2022 07:11am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 14, 2022).... Published 15 Sep, 2022 07:09am
Energy Asia’s gasoline margin dips SINGAPORE: Gasoline margins in Asia dipped on Wednesday amid expectations of more refined product export quotas from... Published 15 Sep, 2022 07:08am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 63,682 tonnes of cargo comprising 32,472 tonnes of import cargo and 31,210... Published 15 Sep, 2022 07:06am
Commodities China steel futures ease MANILA: Chinese steel futures fell on Wednesday after hitting two-week highs in the previous session, dragging down... Published 15 Sep, 2022 07:05am
Grains India’s rice exports set to fall as duty makes shipments expensive MUMBAI/NEW DELHI: India’s rice exports could fall by around a quarter this year as New Delhi’s restrictions ... Published 15 Sep, 2022 07:03am
Commodities Japanese rubber futures rise SINGAPORE: Japanese rubber futures rose for a fifth consecutive session on Wednesday, supported by gains in the... Published 15 Sep, 2022 07:01am
Commodities PMEX daily trading report KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 26.295... Published 15 Sep, 2022 07:00am
Taxes FBR to first implement plan for single ST returns in Punjab LAHORE: The Federal Board of Revenue (FBR) will start execution of single sales tax return from the province of... Published 15 Sep, 2022 07:00am
Surge in dengue cases: CM approves setting up of disease control centre LAHORE: Expressing concern over surge in the number of dengue patients in Rawalpindi, Lahore and Gujranwala, Chief... Published 15 Sep, 2022 06:57am
Money & Banking Foreign currency exchange companies short of Australian dollar LAHORE: A number of people, who want to travel to Australia, are facing great difficulties in purchasing Australian... Published 15 Sep, 2022 06:55am
Hydro Union leadership praised FAISALABAD: The leadership of Hydro Union is appreciable for providing free of cost education to the children of ... Published 15 Sep, 2022 06:53am
Punjab Assembly passes local govt bill amidst opposition’s protest LAHORE: Amidst opposition protest The Punjab Assembly on Wednesday passed the Local Government Bill 2021 by majority... Published 15 Sep, 2022 06:51am
Organised drive launched against IK, claims Umar LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central General Secretary and former federal minister Asad Umar has claimed... Published 15 Sep, 2022 06:37am
Bank assessing situation: ADB expresses concern over future of its projects LAHORE: The Asian Development Bank has expressed concerns on the progress of funded-projects in the Punjab due to... Published 15 Sep, 2022 06:34am
UBG calls for results-oriented packages for flood-hit farmers LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s United Business Group (UBG) on Wednesday... Published 15 Sep, 2022 06:31am
Relations with Pakistan: Blome calls for efforts to exploit untapped potential ISLAMABAD: The United States Ambassador to Pakistan, Donald Blome, on Wednesday emphasised the need for exploiting... Published 15 Sep, 2022 06:28am
Disappearance of Haseeb Hamza: IHC orders federal govt to conduct investigation ISLAMABAD: The Islamabad High Court (IHC) on Wednesday directed the federal police to conduct a comprehensive... Published 15 Sep, 2022 06:28am
Commodities Gold prices down KARACHI: Gold prices on Wednesday lost a sizeable value on the local market, traders said. They fell by Rs800 to Rs... Published 15 Sep, 2022 06:28am
Energy Dasu project may start producing electricity by Nov 2026: Wapda chief PESHAWAR: The Water and Power Development Authority (Wapda) is making concerted efforts to complete diversion system... Published 15 Sep, 2022 06:23am
FO terms FATF team’s visit ‘smooth and successful’ ISLAMABAD: Describing the recent onsite visit of the Financial Action Task Force (FATF) technical team as “smooth... Published 15 Sep, 2022 06:20am
‘Imran to face public wrath if drive against institutions not stopped’ ISLAMABAD: Federal Minister Mian Javed Latif on Wednesday said the Pakistan Tehreek-e-Insaf Chairman Imran Khan was... Published 15 Sep, 2022 06:16am
‘Women’s contribution can enhance country’s income by 25pc’ ISLAMABAD: State Minister for Finance and Revenue Aisha Ghaus Pasha said women’s contribution can enhance the... Published 15 Sep, 2022 06:14am
Companies FFC again ranks 1st amongst ‘Top 25 listed cos of PSX’ KARACHI: Pakistan Stock Exchange (PSX) instituted Top 25 Companies Award in 1994 to acknowledge the performance of... Published 15 Sep, 2022 06:11am
Roosevelt Hotel: team likely to be sent to US for talks with union ISLAMABAD: The government is likely to dispatch a team comprising of officials from the Aviation Division, the... Updated 15 Sep, 2022 11:45am
Karachi LG elections on Oct 23: By-elections to 12 seats to be held on Oct 16 ISLAMABAD: Two days after announcing by-elections on four constituencies—comprising a National Assembly and three... Published 15 Sep, 2022 05:57am
PTI assails govt for ‘using religion to instil hatred’ ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Wednesday came down hard on the coalition government, especially Pakistan... Published 15 Sep, 2022 05:57am
Troops respond to cross-border fire from terrorists KABUL: Taliban and Pakistani security forces exchanged fire along the after Pakistani soldiers tried to erect a... Published 15 Sep, 2022 05:57am
India tells US it is concerned about package for Pakistan F-16 jets NEW DELHI: India is concerned about a US decision to provide a sustenance package for Pakistan’s fleet of F-16... Published 15 Sep, 2022 05:57am
Kenya cuts ties with Western Sahara area NAIROBI: Kenya’s new President William Ruto said on Wednesday the East African country was breaking diplomatic ... Published 15 Sep, 2022 05:57am
Flood-hit communities: Meta says contributing Rs125m to UNICEF, Hands, ITA ISLAMABAD: In response to the devastating floods in Pakistan, Meta is contributing 125 million rupees to UNICEF,... Published 15 Sep, 2022 05:57am
PARTLY FACETIOUS: An extremely pliable appointee “Appointing an acting head of an institution gives the appointer time to…to…” “Well our history shows ... Published 15 Sep, 2022 05:57am
England cricket team due today LAHORE: Terming the tour of England cricket team to Pakistan after about 17 years as a good omen, former cricketers... Published 15 Sep, 2022 05:57am
No way around another recession? This is turning out to be a sombre week for international markets as they digest the upside August inflation ... Published 15 Sep, 2022 05:57am
Dealing with the post-flood recovery challenges Pakistan is in the midst of perhaps the worst ‘natural’ disaster. According to the National Disaster Management... Published 15 Sep, 2022 05:57am
Why the dollar’s wrecking-ball rally is not done yet A rally that has the dollar on course for its best year since 1984 has further to run, traders and analysts say,... Published 15 Sep, 2022 05:57am
Wall Street outlook darkens as grim inflation report tees up more Fed hawkishness An already-murky outlook for US stocks and bonds is growing darker, as sizzling inflation ratchets up expectations... Published 15 Sep, 2022 05:57am
NUST provides relief to over 2,500 families in flood-hit areas ISLAMABAD: NUST, the Pakistan No.1 university with a support of its Alumni association continues its commitment in... Published 15 Sep, 2022 05:57am
Lucky Cement distributes ration bags, clothes among flood victims KARACHI: Lucky Cement Limited has reached out to flood victims in Sindh and Balochistan to support them in this... Published 15 Sep, 2022 05:57am
1,100mm rainfall, 30MAF hill torrents from Balochistan wreaked havoc: Sindh CM KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that his province received unprecedented rains of 1100 mm... Published 15 Sep, 2022 05:57am
SHCC cuts charges for dengue, malaria tests by 50pc KARACHI: There is significant increase of dengue and malaria cases in Sindh as a result of havoc caused by spells of... Published 15 Sep, 2022 05:57am
Middle East UAE foreign minister arrives in Israel, marking 2 years of Abraham Accords TEL AVIV: The foreign minister of the United Arab Emirates (UAE) Sheikh Abdullah bin Zayed arrived in Tel Aviv on... Published 15 Sep, 2022 05:57am
Middle East Iran says will pursue membership of SCO TEHRAN: Iran intends to pursue membership of a Chinese and Russian-led bloc that is meeting in Uzbekistan this week,... Published 15 Sep, 2022 05:57am
Europe Swedish PM Andersson concedes election, right bloc prepares for power STOCKHOLM: Sweden’s Social Democrat prime minister, Magdalena Andersson, accepted defeat on Wednesday after a... Published 15 Sep, 2022 05:57am
Middle East Lebanese woman robs bank to pay for sister’s cancer treatment BEIRUT: A woman held up a Beirut bank Wednesday with a toy gun and walked out with thousands of dollars to pay for... Published 15 Sep, 2022 05:57am
SU launches eight job-oriented Bachelor degree programmes HYDERABAD: The University of Sindh, Jamshoro, has taken a new initiative by introducing eight more job-oriented... Published 15 Sep, 2022 05:57am
Fake law colleges: SC issues show-cause notice to BZU’s vice chancellor ISLAMABAD: The Supreme Court on Wednesday issued a show-cause notice to vice chancellor of the Bahauddin Zakariya... Published 15 Sep, 2022 05:57am
PTI members submit requisition for Senate session ISLAMABAD: A Pakistan Tehreek-e-Insaf (PTI) delegation of senators led by Leader of the Opposition in the Senate Dr... Published 15 Sep, 2022 05:57am
Bail of PML-N legislators extended LAHORE: The Sessions Court on Wednesday extended interim pre-arrest bail of some PML-N MPAs and leaders till... Published 15 Sep, 2022 05:57am
Minister vows to achieve 100pc literacy rate in Islamabad ISLAMABAD: Federal Minister for Education and Professional Training Rana Tanveer Hussain on Wednesday pledged to... Published 15 Sep, 2022 05:57am
Senate body irked over absence of minister from meeting ISLAMABAD: Minister for Maritime Affairs Faisal Subzwari on Wednesday earned the ire of a parliamentary panel after... Published 15 Sep, 2022 05:57am
IBA, ASA Microfinance Bank team up to empower underprivileged students KARACHI: The Institute of Business Administration (IBA), Karachi, and ASA Microfinance Bank (Pakistan) Ltd signed a... Published 15 Sep, 2022 05:57am
International Day of Democracy: Freedom of the press under attack, says Bilawal KARACHI: Foreign Minister and Pakistan People’s Party Chairman Bilawal Bhutto-Zardari has said that democracy is... Published 15 Sep, 2022 05:57am
Alarming rise in waterborne diseases reported ISLAMABAD: Waterborne diseases have broken out in a big way after record monsoon rains, which have caused ... Published 15 Sep, 2022 05:57am
Lok Virsa corruption case: AC returns reference against PPP senator to NAB ISLAMABAD: A Pakistan People’s Party (PPP) leader and Senator, Rubina Khalid, on Wednesday obtained relief from ... Published 15 Sep, 2022 05:57am
The Weather KARACHI: The weather report on Wednesday (September 14, 2022) and the forecast for Thursday (September 15, 2022)... Published 15 Sep, 2022 05:57am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 15 Sep, 2022 05:57am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 15 Sep, 2022 05:57am
Stocks Dates of Closure of Books & Annual General Meetings KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ... Published 15 Sep, 2022 05:57am
Rates EFU Managed Growth Fund Rates KARACHI: EFU Managed Growth Fund Rates on Wednesday (September 14, 2022). ======================== OFFER PRICE... Published 15 Sep, 2022 05:57am
Rates JLI TAKAFUL INCOME FUND KARACHI: JLI Takaful Income Fund Rates on Wednesday (September 14, 2022). ======================== Offer Price... Published 15 Sep, 2022 05:57am
Rates JLI TAKAFUL BALANCE FUND KARACHI: JLI Takaful Balance Fund Rates on Wednesday (September 14, 2022). ======================== Offer Price... Published 15 Sep, 2022 05:57am
Rates JLI CAPITAL GROWTH TAKAFUL FUND KARACHI: JLI Capital Growth Takaful Fund Rates on Wednesday (September 14, 2022). ======================== Offer... Published 15 Sep, 2022 05:57am
Rates JLI MANAGED TAKAFUL FUND KARACHI: JLI Managed Takaful Fund Rates on Wednesday (September 14, 2022). ======================== Offer Price... Published 15 Sep, 2022 05:57am
Rates JLI YAQEEN GROWTH FUND RATES KARACHI: JLI Yaqeen Growth Fund Rates on Wednesday (September 14, 2022). ======================== Offer Price... Published 15 Sep, 2022 05:57am
Rates JLI MEESEQ Fund Rates KARACHI: JLI Meeseq Fund Rates on Wednesday (September 14, 2022). ======================== Offer Price 1,233.3745... Published 15 Sep, 2022 05:57am
Rates JLI Capital Growth Fund Rates KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (September 14, 2022).... Published 15 Sep, 2022 05:57am
Rates JLI Managed Growth Fund Rates KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 14, 2022).... Published 15 Sep, 2022 05:57am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (September 14, 2022). ==========================... Published 15 Sep, 2022 05:57am
Rates LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (September 14, 2022).... Published 15 Sep, 2022 05:57am
Economy: PM’s pessimistic tone reflects grim view of situation Says unprecedented floods have devastated the country Updated 15 Sep, 2022 10:12am
Economists list factors behind pressure on PKR ISLAMABAD: Smuggling of the dollar, increase in trade deficit, non-materialization of funds from friendly countries... Updated 15 Sep, 2022 09:59am
Transparency in relief funds: UN welcomes PM’s announcement ISLAMABAD: The United Nations Resident Coordinator in Pakistan, Julien Harneis, on Wednesday welcomed Prime Minister... Updated 15 Sep, 2022 10:00am
Domestic power consumers: Minister defends withdrawal of slab benefit ISLAMABAD: Minister for Power, Khurram Dastgir Khan said on Wednesday that the incumbent government is formulating... Updated 15 Sep, 2022 10:00am
600MW projects offered: Govt unveils solar PV projects policy ISLAMABAD: The government Wednesday unveiled its policy on fast-track development of solar PV projects at an... Updated 15 Sep, 2022 10:02am
36 LNG spot cargoes: PLL seeks exemption from PPRA rules ISLAMABAD: Fearing extreme volatility in the international market during the upcoming years, Pakistan LNG Limited... Updated 15 Sep, 2022 10:01am
At long last IK appears before JIT in woman judge case ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman and former prime minister Imran Khan Wednesday warned the... Updated 15 Sep, 2022 09:54am
Tax reforms give capital market a level-playing field: SECP chief ISLAMABAD/KARACHI: Securities and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan Wednesday informed the... Updated 15 Sep, 2022 09:53am
Rates Stocks witness uptick KARACHI: Pakistan Stock Exchange Wednesday witnessed another rangebound session due to concerns regarding political... Published 15 Sep, 2022 05:57am
US to move $3.5bn in Afghan bank assets to Swiss-based trust WASHINGTON: The United States on Wednesday announced that it would transfer $3.5 billion in Afghan central bank... Updated 15 Sep, 2022 10:01am
Extra revenue collection goal: Govt may not pass full relief on to POL consumers ISLAMABAD: The federal government may not pass on the full relief to the end-consumers in a bid to collect ... Updated 15 Sep, 2022 09:59am
US says concerned at media restrictions WASHINGTON: The United States voiced alarm Tuesday over restrictions on the media in Pakistan, citing the silencing... Updated 15 Sep, 2022 09:53am
China lockdowns weigh on global oil demand: IEA PARIS: China’s repeated Covid lockdowns and a slowdown in developed economies are weighing on the growth of global... Published 15 Sep, 2022 05:57am
Human development setback EDITORIAL: When it rains, it pours. Reeling from one disaster after another for the last couple of years, mainly the... Published 15 Sep, 2022 05:57am
Kabul seeking legitimacy through TTP? EDITORIAL: Swat and its adjoining areas, which emerged as the first fertile field for Tehreek-e-Taliban Pakistan... Published 15 Sep, 2022 05:57am
Energy PRIED holds webinar on ‘net-metering’ KARACHI: Energy experts on Wednesday said that power consumers in Pakistan have a huge opportunity to reduce their... Published 15 Sep, 2022 05:57am
Miftah highlights importance of CPEC for regional progress ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail on Wednesday highlighted the importance of China... Published 15 Sep, 2022 05:57am
Energy KE partners with Faysal Bank to provide bill installment facility KARACHI: In furtherance to its efforts to maximise customer convenience, K-Electric has partnered with Faysal Bank... Published 15 Sep, 2022 05:57am
Rates LME official prices LONDON: The following were Tuesday official prices. ========================================= Aluminium... Published 15 Sep, 2022 05:57am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 14, 2022)... Published 15 Sep, 2022 05:57am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 14, 2022).... Published 15 Sep, 2022 05:57am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept