Middle East UAE govt pushes work for local citizens DUBAI: With foreign workers making up the vast bulk of private sector jobs in the United Arab Emirates, the Gulf’s... Published 02 Jan, 2023 07:42am
Asia Power outage forces Philippines to suspend flights, shut airspace MANILA: Philippine authorities halted flights in and out of Manila on New Year’s Day due to a malfunction of air... Published 02 Jan, 2023 07:38am
USA JPMorgan, Deutsche Bank seek dismissal of lawsuits by Jeffrey Epstein accusers NEW YORK: JPMorgan Chase & Co and Deutsche Bank AG asked a US judge to dismiss lawsuits by women who accused... Published 02 Jan, 2023 07:35am
Europe Croatia adopts euro, enters borderless Europe club ZAGREB: Croatia on Sunday switched to the euro and entered Europe’s passport-free zone — two major milestones ... Published 02 Jan, 2023 07:31am
Colombia strikes ceasefire deal with main armed groups BOGOTÁ: Colombia’s government has agreed to a six-month ceasefire with the five largest armed groups operating in... Published 02 Jan, 2023 07:28am
South Asia India’s jobless rate rises to 16-month high of 8.3pc in Dec NEW DELHI: India’s unemployment rate rose to 8.30% in December, the highest in 16 months, from 8.00% in the... Published 02 Jan, 2023 07:11am
Energy China to receive Russian Arctic oil cargo in February SINGAPORE: China is set to receive in February a cargo of Russian crude oil produced from Arctic fields, the second... Published 02 Jan, 2023 07:00am
Energy Finland gets floating gas terminal to replace Russian supply HELSINKI: An offshore natural gas terminal has arrived in Finland as part of the country’s efforts to replace... Published 02 Jan, 2023 06:58am
Defiant Ukrainians cheer new year as Russian drones blasted from skies KYIV: Ukrainians cheered from their balconies while their air defences blasted Russian missiles and drones out of ... Published 02 Jan, 2023 06:54am
Middle East Omani leader okays deficit budget for 2023 CAIRO: Oman’s Sultan ratified a 2023 budget with a deficit of 1.3 billion Omani rials ($3.38 billion) or 3% of ... Published 02 Jan, 2023 06:46am
Industry FCCI to propose steps for stopping rupee devaluation FAISALABAD: Faisala-bad Chamber of Commerce & Industry (FCCI) will recommend immediate steps to check the... Published 02 Jan, 2023 06:43am
Europe Russia revises up 2021 GDP growth estimate from 4.7pc to 5.6pc MOSCOW: Russia’s federal statistics agency on Friday revised up its estimate for economic growth in 2021 from 4.7%... Published 02 Jan, 2023 06:43am
Europe Germany’s finance minister sees 2023 inflation at 7pc BERLIN: Germany’s finance minister expects inflation in Europe’s biggest economy to drop to 7% this year and to... Published 02 Jan, 2023 06:35am
Action being taken against flour sellers charging exorbitant prices, says CM HYDERABAD: Sindh Chief Minister Syed Murad Ali Shah has said that 350,000 bags of 10 kilograms each are being sold ... Published 02 Jan, 2023 06:24am
Sanjrani condemns attack on police checkpost in Lakki Marwat ISLAMABAD: Senate Chairman Muhammad Sadiq Sanjrani on Sunday strongly condemned the attack on a police checkpost in... Published 02 Jan, 2023 06:22am
By proving mettle at Huawei competition, three girls show Hijab no bar to excellence ISLAMABAD: It is generally considered that women cannot excel in their profession until they are not dressed up as... Published 02 Jan, 2023 06:21am
Missing persons: Parliamentary commission constituted on court directives: home dept QUETTA: The Home and Tribal Affairs department on Sunday said that the Parliamentary Commission on missing persons... Published 02 Jan, 2023 06:16am
Letters Outsourcing airports According to a Business Recorder news item “Govt decides to outsource topmost airports”, carried by the ... Published 02 Jan, 2023 06:12am
Jail time hardened Lula’s resolve to tackle poverty over profit Brazilian President Luiz Inacio Lula da Silva’s 580-day stretch behind bars imbued him with a renewed sense of... Published 02 Jan, 2023 06:08am
Bannu operation: Alvi, Shehbaz grieve over soldier’s martyrdom ISLAMABAD: President Dr. Arif Alvi and Prime Minister Muhammad Shehbaz Sharif on Sunday expressed their grief over... Published 02 Jan, 2023 05:54am
Fazl alleges KP, Punjab govts spending funds on IK PESHAWAR: Chief of Pakistan Democratic Movement (PDM) Maulana Fazlur Rehman has lamented that both Khyber ... Published 02 Jan, 2023 05:54am
CDA cutting, uprooting trees for countering pollen risk ISLAMABAD: The Capital Development Authority (CDA) was uprooting and felling the Paper Mulberry trees to ensure a... Published 02 Jan, 2023 05:54am
Four terrorists killed, one soldier martyred in Bannu RAWALPINDI: Four terrorists were killed in an Intelligence Based Operation conducted by security forces in Jani Khel... Published 02 Jan, 2023 05:54am
Bilawal says govt trying to further improve ties with friendly countries ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari on Sunday said that the coalition government was making efforts ... Published 02 Jan, 2023 05:54am
Minister to hold talks with MQM-P today ISLAMABAD: Minister for Economic Affairs Sardar Ayaz Sadiq will travel to Karachi today (Monday) to meet Muttahida... Published 02 Jan, 2023 05:54am
2022 witnessed 28pc rise in terrorist attacks: report ISLAMABAD: Pakistan witnessed a 28 percent increase in terror attacks across the country in 2022, while the highest... Published 02 Jan, 2023 05:54am
Financial stability linked to development of Karachi: Tessori LAHORE: Sindh Governor Kamran Khan Tessori has said that financial stability in the country and development of... Published 02 Jan, 2023 05:54am
2023 may bring political stability, prosperity: Elahi LAHORE: Punjab Chief Minister Chaudhry Parvez Elahi in his message on the eve of New Year said that 2023 is a... Published 02 Jan, 2023 05:54am
PES rescued 1,748,255 people facing emergencies last year: report LAHORE: The Punjab Emergency Services (Rescue 1122) rescued over 1,748,255 emergency victims while responding to... Published 02 Jan, 2023 05:54am
KP govt has established 9 economic zones in four years: CM PESHAWAR: Chief Minister Mahmood Khan has said that the provincial government during last four years established ... Published 02 Jan, 2023 05:54am
Citizens urged to donate blood for thalassaemia patients RAWALPINDI: President, Al-Aqsa Welfare Trust (AAWT), Volunteer Blood Donations Organization, AJK and Pakistan,... Published 02 Jan, 2023 05:54am
20 policemen embraced martyrdom in 2022 LAHORE: Punjab police was actively working day and night for the sacred duty of maintaining law and order in the... Published 02 Jan, 2023 05:54am
DC reviews sanitary conditions at fish market FAISALABAD: Deputy Commissioner Imran Hamid Sheikh reached the fish market under the novelty bridge to review the... Published 02 Jan, 2023 05:54am
Govt’s ‘good record’ to make Karachiites elect PPP member as mayor: CM KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that Pakistan Peoples Party (PPP) has delivered in... Published 02 Jan, 2023 05:54am
JI sees conspiracy behind bids to unify MQM factions KARACHI: Jamaat-e-Islami (JI) Karachi Amir Engr Hafiz Naeemur Rehman has said that the ‘Zardari-Tessori ... Published 02 Jan, 2023 05:54am
Govt exhorted to reactivate DVCs for safeguarding peasants’ rights HYDERABAD: Hari Welfare Association (HWA) has demanded to activate the District Vigilance Committees (DVCs) in all... Published 02 Jan, 2023 05:54am
Firing in the air: Children among 33 injured in Karachi KARACHI: At least 33 people, including women and children, were injured in the aerial firing on New Year’s evening... Published 02 Jan, 2023 05:54am
PPP ministers vow to send Fawad legal notices KARACHI: Sindh Local Government (LG) Minister Syed Nasir Hussain Shah has decided to take legal action against... Published 02 Jan, 2023 05:54am
Workshop on environment, health: Speakers for effective solid waste management plan for Hyderabad HYDERABAD: Hyderabad needs effective solid waste management plan engaging young people to creating awareness ... Published 02 Jan, 2023 05:54am
Three abducted, killed in Khairpur KHAIRPUR: Three persons were murdered after being kidnapped in Khairpur on Sunday. According to police, unidentified... Published 02 Jan, 2023 05:54am
PM to provide clean drinking water to Karachi soon: Amir Muqam KARACHI: Adviser to the Prime Minister on Political, Public Affairs & National Heritage and Culture Division,... Published 02 Jan, 2023 05:54am
Welfare of overseas Pakistanis govt’s top priority: NA speaker ISLAMABAD: National Assembly Speaker Raja Pervez Ashraf has said that overseas Pakistanis have always proved... Published 02 Jan, 2023 05:54am
Gas cos asked to respond to complaints efficiently ISLAMABAD: Federal Ombudsman Ejaz Ahmad Qureshi has directed Sui Northern Gas Pipelines Limited (SNGPL) and Sui... Published 02 Jan, 2023 05:54am
FGEHA explains land allotment rules ISLAMABAD: The Federal Government Housing Authority (FGEHA) has clarified that only one plot is allotted to... Published 02 Jan, 2023 05:54am
BRT witnesses 74m ridership during 2022: TransPeshawar PESHAWAR: Trans-Peshawar has released its annual performance report for the year 2022, which claimed that the BRT... Published 02 Jan, 2023 05:54am
Seminar on e-commerce held to guide tribal youth PESHAWAR: Under the auspices of Directorate of Youth Affairs and District Youth Officer Peshawar, a one-day commerce... Published 02 Jan, 2023 05:54am
Qatar splits with coach Sanchez after World Cup defeats DOHA: World Cup hosts Qatar announced on Friday that national coach Felix Sanchez had been let go with the end of ... Published 02 Jan, 2023 05:54am
Belarusian Sabalenka says Wimbledon ban on players ‘changed nothing’ BENGALURU: Wimbledon’s decision to ban Belarusian players from last year’s tournament “changed nothing”,... Published 02 Jan, 2023 05:54am
Pakistan and New Zealand seek Test turnaround in 2023 KARACHI: A draw last week having stopped a run of defeats for Pakistan and New Zealand, both sides will be seeking ... Published 02 Jan, 2023 05:54am
Balochistan set Pakistan Cup final date with Central Punjab LAHORE: Defending champions Balochistan stormed into the Pakistan Cup 2022-23 final when they defeated Khyber... Published 02 Jan, 2023 05:54am
Ronaldo signs deal with Al Nassr worth more than 200m euros RIYADH: Cristiano Ronaldo has signed a deal with Al Nassr of Saudi Arabia worth more than 200 million euros, a ... Published 02 Jan, 2023 05:54am
Villa punish Lloris mistake to shock Spurs LONDON: Aston Villa ruined Tottenham’s bid to climb back into the Premier League’s top four as a costly mistake... Published 02 Jan, 2023 05:54am
Babar and Bismah review 2022 in new edition of PCB Podcast LAHORE: Pakistan captains Babar Azam and Bismah Maroof have reviewed 2022 in a special edition of the PCB Podcast... Published 02 Jan, 2023 05:54am
BCCI to enhance focus on player fitness ahead of ODI World Cup BENGALURU: India’s cricket board (BCCI) will increase its focus on player fitness and consider who have played a... Published 02 Jan, 2023 05:54am
Ruud wins his match but Norway lose tie to Brazil BRISBANE: World number three Casper Ruud cruised past Thiago Monteiro in straight sets but it was in vain as Norway... Published 02 Jan, 2023 05:54am
Shabbir Iqbal wins 26th Chief of the Naval Staff Open Golf Championship KARACHI: Muhammad Shabbir Iqbal won the title of 26th Chief of the Naval Staff Open Golf Championship. The prize... Published 02 Jan, 2023 05:54am
PEDO, HPTI sign MoU PESHAWAR: Pakhtunkhwa Energy Development Organization (PEDO) and Hydro Power Training Institute (HPTI) Mangla has... Published 02 Jan, 2023 05:54am
The Weather KARACHI: The weather report on Sunday (January 01, 2023) and the forecast for Monday (January 02, 2023).... Published 02 Jan, 2023 05:54am
President refuses to sign UC seat bill, censures govt Move comes after ECP missed election schedule of December 31, 2022 in the federal capital despite IHC's decision Updated 02 Jan, 2023 08:55am
PM vows to steer country out of economic storm ISLAMABAD: In his message on the start of the new year, Prime Minister Shehbaz Sharif reaffirmed the resolve to take... Updated 02 Jan, 2023 08:47am
Punjab: PM, Zardari, Fazl discuss situation ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday phoned former president Asif Ali Zardari and Jamiat Ulema-e-Islam... Updated 02 Jan, 2023 08:46am
Imran Khan claims his ties with Bajwa soured over accountability drive LAHORE: Former prime minister and Pakistan Tehreek-e-Insaf (PTI) Imran Khan has claimed that the relations between... Updated 02 Jan, 2023 08:53am
World Bank urged to help restructure FIIP Official documents revealed the Financial Inclusion and Infrastructure Project (FIIP) was conceptualized to support the implementation of Pakistan’s National Financial Inclusion Strategy (NFIS) of the State Bank of Pakistan (SBP) Updated 02 Jan, 2023 08:47am
Rates Stocks witness positive trend KARACHI: Pakistan Stock Exchange witnessed positive trend during the last week of the year ended on December 30, ... Published 02 Jan, 2023 05:54am
Rates Futures spread down 880bps KARACHI: The futures spread declined by 880bps to 3.67 percent on the last day of the outgoing week. Trading... Published 02 Jan, 2023 05:54am
KTBA not happy as FBR issues audit notices to taxpayers KARACHI: Federal Board of Revenue (FBR) has started issuing audit notices under section 177 of the Income Tax... Updated 02 Jan, 2023 08:44am
PKR registers losses KARACHI: The rupee registered losses throughout the previous week, ending with cumulative depreciation of 0.35%... Updated 02 Jan, 2023 08:44am
Prisoners’ lists exchanged: Pakistan seeks consular access to missing defence personnel ISLAMABAD: Pakistan sought consular access to missing defence personnel of 1965 and 1971 wars, and special consular... Updated 02 Jan, 2023 08:44am
NSC resumes session today ISLAMABAD: The National Security Committee (NSC) will resume its session today (Monday) with senior civil and... Updated 02 Jan, 2023 08:49am
Toyota’s Indian unit warns of a possible customer data breach NEW DELHI: A data breach at Toyota Motor’s Indian business might have exposed some customers’ personal... Updated 02 Jan, 2023 08:43am
Blinken discussed US-China relationship in call with Qin WASHINGTON: US Secretary of State Antony Blinken spoke with incoming Chinese Foreign Minister Qin Gang over the ... Updated 02 Jan, 2023 08:43am
At least 20 people killed in clashes in Somaliland BOSASO, (Somalia): At least 20 people have been killed in Somalia’s breakaway region of Somaliland in clashes... Published 02 Jan, 2023 05:54am
Several killed, wounded in blast near Kabul military airfield KABUL: An explosion at the entrance to a military airfield in the Afghan capital killed and wounded several people ... Published 02 Jan, 2023 05:54am
Taxes KTCL largest taxpayer firm of KP, show FBR data ISLAMABAD: The Federal Board of Revenue (FBR) data revealed that the Khyber Tobacco Company Limited (KTCL) is the... Published 02 Jan, 2023 05:54am
Carpet industry’s issues to be resolved: SBP LAHORE: State Bank of Pakistan (SBP) has assured that carpet industry’s issues will be resolved at the earliest. A... Published 02 Jan, 2023 05:54am
Cotton & Textile Weekly Cotton Review: Spot rate increased after signs of improvement emerge KARACHI: Signs of improvement were seen in the local cotton market during previous week. Karachi Cotton Association... Published 02 Jan, 2023 05:54am
All is far from well The state of the economy today should be a source of serious concern to the eleven-party coalition government in... Published 02 Jan, 2023 05:54am
To many it sounds like PDM wants to have its cake and eat it The plot thickens. With SBP’s (State Bank of Pakistan’s) forex reserves expected to fall below $5 billion in a... Published 02 Jan, 2023 05:54am
Circular debt challenge EDITORIAL: The power sector circular debt has crossed the Rs 2.5 trillion mark and is growing. None of the political... Updated 02 Jan, 2023 04:43pm
Reluctant retailers EDITORIAL: Good luck to the Senate standing committee on finance as it tries to drag two million reluctant retailers... Published 02 Jan, 2023 05:54am
Commodities Survey reveals steep hike in prices of key food items PESHAWAR: There has been a steep increase in prices of live chicken/ meat, flour, sugar, and some other daily-use... Published 02 Jan, 2023 05:54am
Stocks Wall Street Week Ahead: Stumbling Treasury rally clouds bond market outlook for 2023 NEW YORK: US government bond investors hurting after the biggest annual decline in the history of the asset class ... Published 02 Jan, 2023 05:54am
Stocks Wall Street ends 2022 with biggest annual drop since 2008 NEW YORK: US stocks closed out 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest... Published 02 Jan, 2023 05:54am
Stocks Saudi shares make positive start to 2023 DUBAI: Saudi Arabia’s stock market rose on Sunday, starting 2023 on a positive note in line with the country’s... Published 02 Jan, 2023 05:54am
Commodities Demand angst puts copper on track for largest drop since 2018 LONDON: Copper prices fell on Friday, heading for their first annual drop since 2018 due to worries about demand... Published 02 Jan, 2023 05:54am
Stocks European shares fall, record worst year since 2018 PARIS: European shares slipped in the last trading day of a rough year marked by geopolitical tensions and fears of ... Published 02 Jan, 2023 05:54am
Commodities Palm oil posts annual loss after three years of gains KUALA LUMPUR: Malaysian palm oil futures rose on Friday as top producer Indonesia tightened export rules, although... Published 02 Jan, 2023 05:54am
Stocks China stocks rise amid optimism about 2023 SHANGHAI: China stocks rebounded on Friday as traders looked for bright spots next year amid authorities’ vows to... Published 02 Jan, 2023 05:54am
Energy Chevron sending two oil tankers to Venezuela under US approval HOUSTON: US oil company Chevron Corp is sending two oil tankers to Venezuela, one of which will load the first cargo... Published 02 Jan, 2023 05:54am
Stocks Capital markets stuck in ‘no man’s land’ as bankers miss out on fees LONDON/NEW YORK: Investment bankers are bracing for another tough year ahead after losing out on lucrative fees from... Published 02 Jan, 2023 05:54am
Money & Banking Indian firms likely to raise funds via public issues in 2023 as cash tightens: bankers MUMBAI: Fundraising through public issues could see an uptick in 2023 as retail investors bet on attractive interest... Published 02 Jan, 2023 05:54am
Taxes KPRA recognises contributions made by top taxpayers, withholding agents PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has given awards to five withholding agents on the basis ... Published 02 Jan, 2023 05:54am
Rates Your rupee last week KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (December 26 to... Published 02 Jan, 2023 05:54am
Industry Footwear industry can increase exports to $5bn by 2027: PFMA LAHORE: Pakistan’s footwear industry is in a position to increase its exports to $5 billion by 2027, said Pakistan... Published 02 Jan, 2023 05:54am
Industry PAJCCI for trade with Afghanistan in local currency PESHAWAR: Director Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) Zia-ul-Haq Sarhadi has supported a... Published 02 Jan, 2023 05:54am
Industry SMEDA formulates proposals for improving business ecosystem in Peshawar PESHAWAR: Small and Medium Enterprises Development Authority (SMEDA) launched recommendations for improving business... Published 02 Jan, 2023 05:54am
Money & Banking Nigerian, Kenyan, Zambian and Ugandan currencies seen weakening NAIROBI: The Nigerian, Kenyan, Zambian and Ugandan currencies are seen weakening in the week to Thursday, due to... Published 02 Jan, 2023 05:54am
Money & Banking Russian rouble soars to end volatile 2022 on high note MOSCOW: The rouble soared in its final session of a volatile year on Friday, but remained on course for hefty losses... Published 02 Jan, 2023 05:54am
Money & Banking US dollar set for best year since 2015 WASHINGTON: The dollar was on track to post its best year since 2015 on Friday in the last trading day of a year... Published 02 Jan, 2023 05:54am
Companies Taiwan’s TSMC begins mass production of 3nm chips TAINAN: Taiwanese tech giant TSMC said Thursday it had started mass production of its 3-nanometre chips, among the... Published 02 Jan, 2023 05:54am