Europe Two pilots killed as Russian fighter jet crashes into Siberian home IRKUTSK, (Russia): A Russian military jet crashed into a residential building in the Siberian city of Irkutsk on... Published 24 Oct, 2022 07:48am
Europe Sheep take over Madrid’s streets MADRID: Sheep replaced cars on the streets of Madrid on Sunday, as shepherds following ancient herding routes led... Published 24 Oct, 2022 07:39am
Middle East Doctors tell Saudi crown prince to skip summit: Algeria ALGIERS: Doctors have advised Saudi Arabia’s powerful crown prince not to travel to Algiers for an upcoming ... Published 24 Oct, 2022 07:30am
Energy Philippines sees room for LNG despite renewables push MANILA: The use of LNG imports for power generation in the Philippines next year should not be a disincentive for... Published 24 Oct, 2022 07:22am
Europe Boris Johnson battling to win support for UK PM comeback bid, Sunak enters race LONDON: Boris Johnson was fighting on Sunday to get enough support to make a shock return as Britain’s prime... Published 24 Oct, 2022 07:20am
Africa Somalia car bomb, shooting hits Kismayu hotel, 9 dead MOGADISHU: A car bomb and shooting attack on a hotel in the Somali city of Kismayu killed nine people on Sunday... Published 24 Oct, 2022 07:16am
Middle East Saudi Arabia confirms crown prince won’t attend Arab summit in Algeria RIYADH: Saudi Crown Prince Mohammed bin Salman will not travel to Algeria next month to attend a summit of the Arab... Published 24 Oct, 2022 07:14am
Money & Banking Dollar sinks vs yen, BOJ intervention suspected ahead of weekend NEW YORK: The US dollar tumbled against the yen on Friday, logging its biggest daily drop against the Japanese... Published 24 Oct, 2022 07:11am
Money & Banking Yuan falls to lowest since 2008 global crisis SHANGHAI: China’s yuan fell on Friday to its weakest level against the dollar since the global financial crisis of... Published 24 Oct, 2022 07:09am
Money & Banking Rouble firms past 61 vs dollar MOSCOW: The rouble strengthened past 61 to the dollar on Friday to a two-week high, supported by a favourable... Published 24 Oct, 2022 07:08am
Money & Banking Indian rupee posts sixth weekly decline MUMBAI: The Indian rupee inched higher to the dollar on Friday, while logging its sixth straight weekly decline in... Published 24 Oct, 2022 07:05am
Money & Banking Sterling may decide if BoE can talk markets off a cliff LONDON: The Bank of England has the uneviable task of convincing markets they are wrong about how high UK interest... Published 24 Oct, 2022 07:01am
Wall Street Week Ahead: Megacap earnings to test fledgling US stock rebound NEW YORK: Earnings reports from the four biggest US companies by market capitalization in the coming week may test a... Published 24 Oct, 2022 06:59am
Stocks Wall Street ends higher as hopes for less aggressive Fed grow NEW YORK: US stocks surged to close out the trading week on Friday after a report said the US Federal Reserve will... Published 24 Oct, 2022 06:56am
Stocks Saudi bourse gains on strong earnings, oil prices; Qatar falls DUBAI: Saudi Arabia’s stock market ended higher on Sunday, in response to rising oil prices and strong earnings,... Published 24 Oct, 2022 06:54am
Cotton & Textile Lean business on cotton market LAHORE: The local cotton market on Saturday remained steady and the trading volume remained satisfactory. Cotton... Published 24 Oct, 2022 06:51am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Sunday (October 23, 2022).... Published 24 Oct, 2022 06:50am
Commodities Palm oil futures rise on weather-related worries KUALA LUMPUR: Malaysian palm oil futures firmed on Friday and were headed for a weekly rise, on concerns over... Published 24 Oct, 2022 06:49am
Grains Asia rice: Demand slows as wet spell clouds India’s crop quality outlook MUMBAI/HANOI/BANGKOK: Heavy rainfall in key rice-producing states in India left traders anxious about the crop in ... Published 24 Oct, 2022 06:48am
Energy Oil prices settle up NEW YORK: Oil prices settled up on Friday as hopes of stronger Chinese demand and a weakening US dollar outweighed... Published 24 Oct, 2022 06:46am
Grains CBOT wheat futures rise CHICAGO: Chicago Board of Trade wheat futures rose on Friday, with a falling dollar sparking hopes for a pick up in... Published 24 Oct, 2022 06:44am
Commodities Aluminium falls on economic slowdown LONDON: Aluminium prices were set to end the week around 4% lower as fears of rapid US interest rate hikes dampened... Published 24 Oct, 2022 06:43am
South Korea expands corporate bond-buying programme SEOUL: South Korea’s government will expand its corporate bond-buying program among other liquidity supply ... Published 24 Oct, 2022 06:40am
Credit Suisse eyes $2bn capital hike, convertible bonds ZURICH: Embattled bank Credit Suisse is considering a capital increase of around 2 billion Swiss francs ($2 billion)... Published 24 Oct, 2022 06:35am
Technology-sharing a sticking point as Renault, Nissan hash out reset PARIS/TOKYO: The sharing of technology has emerged as a sticking point between Renault SA and Nissan Motor Co Ltd as... Published 24 Oct, 2022 06:15am
Industry Iran’s free trade policy for Pakistan ready, says envoy PESHAWAR: Iranian Consul General in Peshawar Hamid Reza Ghomi has said that his country has finalised a free trade... Published 24 Oct, 2022 05:45am
Industry Minister lauds APSA’s role for shipping industry KARACHI: Chairman All Pakistan Shipping Association (APSA) Aasim Siddiqui, hosted a lunch in honour of the Federal... Published 24 Oct, 2022 05:45am
Enforced disappearances issue: Practical steps to be taken: govt LAHORE: Federal Minister for Law and Justice Azam Nazeer Tarar has said that ‘enforced disappearances’ is a... Published 24 Oct, 2022 05:45am
Hindutva gives lie to India’s claims as secular state: AJK president WASHINGTON: India’s reputation as a secular democracy has been eroded ever since the right-wing Hindu nationalist... Published 24 Oct, 2022 05:45am
‘Serena Olympics 2022’ inaugurated FAISALABAD: CEO Aziz Bolani inaugurated Serena Olympics 2022 by lighting the torch at bohran wali ground. General... Published 24 Oct, 2022 05:45am
‘15 MNCH centres to be set up in flood-hit districts of Nasirabad’ QUETTA: Parliamentary Secretary Science and Information Technology, Law and Parliamentary Affairs Dr. Rubaba Khan... Published 24 Oct, 2022 05:45am
Islam rejects sectarianism, extremism and terrorism in all forms: Ashrafi ISLAMABAD: Prime Minister’s Special Representative for Interfaith Harmony and Middle East Hafiz Muhammad Tahir... Published 24 Oct, 2022 05:45am
Call for making decades-old record of Toshakhana public LAHORE: Spokesperson to Chief Minister Punjab Musarrat Jamshed Cheema has said that the Punjab Assembly has demanded... Published 24 Oct, 2022 05:45am
Imran’s disqualification: Mystery shrouds delay in issuance of signed verdict ISLAMABAD: The Election Commission of Pakistan (ECP) could not issue the signed and verified detailed verdict of the... Published 24 Oct, 2022 05:45am
KPRA holds workshop for capacity building of staff PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) organized one week training workshop for capacity building of... Published 24 Oct, 2022 05:45am
President, PM, Bilawal felicitate Xi ISLAMABAD: President Dr Arif Alvi, Prime Minister Shehbaz Sharif and Foreign Minister Bilawal Bhutto Zardari on... Published 24 Oct, 2022 05:45am
Land acquisition for Dir Motorway begins PESHAWAR: Land acquisition for the construction of the 30-KM Dir Motorway has been initiated and a committee is... Published 24 Oct, 2022 05:45am
NA speaker urged to take notice of PTI leader’s mistreatment ISLAMABAD: Former speaker National Assembly and senior PTI leader Asad Qaiser has urged incumbent Speaker Raja ... Published 24 Oct, 2022 05:45am
12 PTI workers arrested ISLAMABAD: The Bara Kahu police have arrested 12 PTI workers on charges of damaging public properties during a... Published 24 Oct, 2022 05:45am
ICCI office-bearers vow to support orphan children ISLAMABAD: Patron-in-Chief, Pakistan Sweet Homes (PSH) Zummarad Khan said that his institution was working to ... Published 24 Oct, 2022 05:45am
Punjab PA: Hamza named opposition leader LAHORE: Former Punjab Chief Minister Hamza Shahbaz was officially named the Leader of the Opposition in the Punjab... Published 24 Oct, 2022 05:45am
Sherry eulogises Nusrat Bhutto on death anniversary ISLAMABAD: Federal Minister for Climate Change Senator Sherry Rehman on Sunday eulogized Begum Nusrat Bhutto, the... Published 24 Oct, 2022 05:45am
Malaysia contributes $200,000 to PM Flood Relief Fund ISLAMABAD: Malaysia has contributed $200,000 to Prime Minister’s Flood Relief Fund to assist the flood victims of... Published 24 Oct, 2022 05:45am
Umar slams law enforcers for ‘flouting law’ ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Asad Umar on Sunday said the law enforcers in Islamabad are ... Published 24 Oct, 2022 05:45am
Call for strengthening linkages between industry, academia PESHAWAR: Speakers at a two-day international conference at Ghulam Ishaq Khan Institute of Engineering Sciences and... Published 24 Oct, 2022 05:45am
Communication & Works Department of KP: AGP detects overpayment of Rs94.68m to contractors PESHAWAR: The Auditor General of Pakistan (AGP) has detected overpayment of Rs.94.684 million in eleven cases by the... Published 24 Oct, 2022 05:45am
Sindh govt allocates land for federal institute in Hyderabad KARACHI: In a major development, the Sindh government has allotted 100 acres of free land for the establishment of... Published 24 Oct, 2022 05:45am
Eradication of polio: Asifa seeks public support KARACHI: The younger daughter of former Prime Minister Shaheed Mohtrama Benazir Bhutto Asifa Bhutto-Zardari ... Published 24 Oct, 2022 05:45am
Another suspect in Chinese dental clinic shooting case arrested KARACHI: A big development was made in the investigation of firing incident on a dental clinic of a Chinese national... Published 24 Oct, 2022 05:45am
Flood-affected farmers will get insurance claims, says ombudsman KARACHI: Federal Insurance Ombudsman Dr Khawar Jameel has said that under the directions of President Arif Alvi, his... Published 24 Oct, 2022 05:45am
Rulers can’t escape from LG polls: JI KARACHI: Jamaat-e-Islami (JI) Karachi chief Engr Hafiz Naeemur Rehman has said that the PPP government in Sindh ... Published 24 Oct, 2022 05:45am
Pakistan has highest rate of breast cancer in Asia: LUMHS VC HYDRABAD: The Department of Surgery, Liaquat University of Medical & Health Sciences Jamshoro arranged ‘Breast... Published 24 Oct, 2022 05:45am
Diwali today HYDERABAD: The Hindu community will celebrate “Diwali” (a festival of lights) on Monday (October 24) in the city... Published 24 Oct, 2022 05:45am
Karachi replaces Lahore as world’s most-polluted city KARACHI: Karachi replaced Lahore as the most-polluted city in the world on Sunday.The city has recorded a ... Published 24 Oct, 2022 05:45am
‘Post-truth era’: Istanbul Declaration stresses need for mechanisms to fight disinformation ISLAMABAD: Istanbul Declaration adopted by the 12th Session of the Islamic Conference of Information Ministers... Published 24 Oct, 2022 05:45am
‘Ease of doing business’: KP CM approves action plan, model PESHAWAR: Chief Minister Khyber Pakhtun-khwa Mahmood Khan has approved the proposed action plan and model regarding... Published 24 Oct, 2022 05:45am
Speakers call for disaster prevention, saving livelihoods KARACHI: Speakers at a post-flood dialogue underlined the need to take measures to prevent the causes behind the... Published 24 Oct, 2022 05:45am
What went wrong? The post-floods growth scenario has become controversial with International Monetary Fund (IMF) and the Asian... Published 24 Oct, 2022 05:45am
Has Ishaq Dar lost his magic? Statesmanship demands maintaining a delicate balance between economy and politics. Unfortunately, the scales world... Published 24 Oct, 2022 05:45am
Growing ‘Davos in the Desert’ a sign of Saudi clout Hundreds of CEOs and finance moguls are expected in Riyadh from Tuesday for a Davos-style investment conference that... Published 24 Oct, 2022 05:45am
SAU VC calls for adoption of modern agriculture techniques HYDERABAD: Vice Chancellor of Sindh Agriculture University (SAU), Tandojam, Dr Fateh Marri has said that due to... Published 24 Oct, 2022 05:45am
Institutions of higher education: 2pc quota for minority communities fixed, says CM LAHORE: Punjab Chief Minister Chaudhry Pervaiz Elahi has said that the Punjab government has fixed two percent quota... Published 24 Oct, 2022 05:45am
Sanjrani may face no-trust move ISLAMABAD: Chairman Senate Sadiq Sanjrani may face yet another no-confidence motion in coming days from the ruling... Published 24 Oct, 2022 05:45am
Bilawal pays tribute to Begum Nusrat Bhutto KARACHI: Chairman of Pakistan People’s Party (PPP) and Foreign Minister Bilawal Bhutto Zardari Sunday said that ... Published 24 Oct, 2022 05:45am
Flood releif work: Nestle Pakistan donates Rs 10m to PM fund ISLAMABAD: Sheikh Waqar Ahmad, Head of Corporate Affairs & Sustainability and Hajra Omer, Head of Human ... Published 24 Oct, 2022 05:45am
Dry weather likely in most parts ISLAMABAD: Pakistan Meteorological Department (PMD) has forecast mainly dry weather for most parts of the country.... Published 24 Oct, 2022 05:45am
Trains may start plying to, from Karachi soon ISLAMABAD: Pakistan Railways was likely to resume its service towards Karachi during the first week of October that... Published 24 Oct, 2022 05:45am
Hub bridge likely to be rebuilt within 18 months ISLAMABAD: The authorities concerned have awarded work for the reconstruction of Hub Bridge in Balochistan which is... Published 24 Oct, 2022 05:45am
Rates Your rupee last week KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (October 17 to... Published 24 Oct, 2022 05:45am
The Weather KARACHI: The weather report on Sunday (October 23, 2022) and the forecast for Monday (October 24, 2022).... Published 24 Oct, 2022 05:45am
Payments to Chinese IPPs: CPPA-G seeks Rs100bn Chinese IPPs have been agitated for the last one year on issue of due payments and urging GoP to open Revolving Account to resolve this issue Updated 24 Oct, 2022 09:22am
Study on Gwadar power project: Chinese firm seeks approval of additional cost ISLAMABAD: Chinese company, CIHC Pak Power Company (Pvt) Limited has sought approval of additional cost on study for... Updated 24 Oct, 2022 09:26am
Appeal filing: FBR lays down strict conditions ISLAMABAD: The Federal Board of Revenue (FBR) has laid down strict conditions on the Commissioner (Legal) in Large... Updated 24 Oct, 2022 09:30am
PM likely to leave for Kingdom of Saudi Arabia today ISLAMABAD: Prime Minister Shehbaz Sharif is likely to leave for Saudi Arabia today (Monday) on an official visit... Updated 24 Oct, 2022 09:42am
Removal from FATF ‘grey’ list to augur well: businesspeople ISLAMABAD: Hailing Financial Action Task Force’s (FATF) decision of Pakistan’s removal from the grey list, the... Updated 24 Oct, 2022 09:40am
Rates PSX witnesses mixed trend KARACHI: Pakistan Stock Exchange witnessed mixed trend during the outgoing week ended on October 21, 2022 as the... Published 24 Oct, 2022 05:45am
Rates Futures spread up 1074bps KARACHI: The futures spread increased by 1074bps to 24.86 percent on the last day of the outgoing week. Trading... Published 24 Oct, 2022 05:45am
Xi clinches third term BEIJING: China’s Xi Jinping secured a precedent-breaking third leadership term on Sunday and introduced a top... Updated 24 Oct, 2022 09:54am
Bilawal says Imran Khan committed ‘suicide attack’ on economy LAHORE: Chairman Pakistan People’s Party (PPP) and the Foreign Minister of Pakistan, Bilawal Bhutto Zardari in his... Updated 24 Oct, 2022 09:48am
Thousands march in Washington to support protesters in Iran WASHINGTON: Thou-sands of people, including many of Iranian origin, marched Saturday in Washington to show support... Published 24 Oct, 2022 05:45am
Europe risks ‘deeper recessions’ on war and inflation: IMF WASHINGTON: Downturns in parts of Europe could turn into “deeper recessions” across the continent as energy... Updated 24 Oct, 2022 09:58am
Iran’s nuclear agency says email server hacked TEHRAN: Iran’s Atomic Energy Organisation said Sunday an email server of its subsidiary was hacked in a... Published 24 Oct, 2022 05:45am
Soldier martyred in attack from inside Afghanistan ISLAMABAD: Pakistan strongly condemned the use of Afghan soil for the cross border terrorist attacks on its troops... Published 24 Oct, 2022 05:45am
Rates PKR largely stable KARACHI: The rupee was largely stable against the US dollar during the previous week, closing 0.45% lower even after... Published 24 Oct, 2022 05:45am
11 power projects completed under CPEC ISLAMABAD: As many as 11 power projects with accumulative capacity of 6,369 MW under China Pakistan Economic ... Published 24 Oct, 2022 05:45am
Taxes FBR played key role in completing tasks under FATF action plans ISLAMABAD: Like many other governmental organizations, FBR has played a key role in completing the FATF action plans... Published 24 Oct, 2022 05:45am
Industry Railways to get 20 modern coaches by month-end ISLAMABAD: The first fleet of 20 state-of-the-art coaches of Pakistan Railways from China would arrive in Pakistan ... Published 24 Oct, 2022 05:45am
Legal and free remittance channels: ACE Money Transfer, Bank AL Habib launch awareness campaign KARACHI: ACE Money Transfer, a leading UK-based international remittance service provider, and Bank AL Habib, one of... Published 24 Oct, 2022 05:45am
Cotton & Textile Weekly Cotton Review: Rates fall amid cautious buying KARACHI: Cotton prices continued to decline last week. International textile sector faces a severe recession. The... Published 24 Oct, 2022 05:45am
Industry PCMEA felicitates nation on getting out of FATF grey list LAHORE: Pakistan Carpet Manufacturers and Exporters Association (PCMEA) on Sunday congratulated the nation on... Published 24 Oct, 2022 05:45am
Industry APAT for consensus national policy to get rid of debts LAHORE: All Pakistan Anjuman Tajran (APAT) Central President Ashraf Bhatti has said that an agreed national policy... Published 24 Oct, 2022 05:45am
PM’s visit to China at critical juncture EDITORIAL: Preparations are underway for the forthcoming maiden visit of Shehbaz Sharif to China as the Prime... Published 24 Oct, 2022 05:45am
One big can of worms EDITORIAL: It’s increasingly clear that the saga of former prime minister (PM) Imran Khan’s disqualification for... Published 24 Oct, 2022 05:45am
Industry Expo Centre CEO wants to enhance cooperation with LCCI LAHORE: CEO, Expo Centre Maryam Khawar called on LCCI President Kashif Anwar to discuss possibilities to enhance... Published 24 Oct, 2022 05:45am
Commodities Rates of food items on the rise in Peshawar PESHAWAR: Prices of vegetables, live chicken/ meat, flour and other edibles remained on higher side in the local... Published 24 Oct, 2022 05:45am
Housing ministry seeks Rs9,179m for FY2022-23 ISLAMABAD: Ministry of Housing and Works has demanded the grant of a sum of Rs 9,179 million to meet the ... Published 24 Oct, 2022 05:45am
Energy US natgas slumps to 7-month low as losses extend into a ninth week NEW YORK: US natural gas futures dropped 7% on Friday to a seven-month low after falling for nine weeks in a row in ... Published 24 Oct, 2022 05:45am
Commodities ICE canola futures up CHICAGO: ICE canola futures rose on Friday for a fourth straight session as firm cash markets lifted the spot... Published 24 Oct, 2022 05:45am
Commodities Japanese rubber futures track Shanghai losses, weaker Nikkei lower SINGAPORE: Japanese rubber futures fell on Friday, tracking losses in the Shanghai market and weighed down by... Published 24 Oct, 2022 05:45am
Commodities Gold jumps on Fed rate path doubts as dollar flips down NEW YORK: Gold prices rose more than 1% on Friday, on track for a weekly rise, as the dollar turned negative, with... Published 24 Oct, 2022 05:45am
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