Xi tells US firms China ready to be partner and friend SAN FRANCISCO: China is ready to be a partner and friend of the United States, and there is plenty of room for... Published 17 Nov, 2023 06:06am
Fire in Chinese coal firm’s office kills 25 BEIJING: Twenty-five people were killed in a fire at a coal company’s office building in China’s northern Shanxi... Published 17 Nov, 2023 06:06am
No more needles? Gates Foundation funds patch-style vaccine technology LONDON: The Bill & Melinda Gates Foundation has given $23.6 million to US-based life science company Micron... Published 17 Nov, 2023 06:06am
Sweden’s NATO bid delayed in Turkish parliament ANKARA: The Turkish parliament’s foreign affairs commission delayed a vote on Sweden’s NATO membership bid on... Published 17 Nov, 2023 06:06am
Biden removes sanctions from Chinese institute in push for fentanyl help WASHINGTON: The Biden administration on Thursday removed the Chinese Ministry of Public Security’s Institute of... Published 17 Nov, 2023 06:06am
UN urges international probe into Israel-Hamas war violations GENEVA: The UN human rights chief on Thursday highlighted allegations of serious rights violations in the... Published 17 Nov, 2023 06:06am
Emirates airline announces order for 15 Airbus A350-900s DUBAI: Dubai-based Emirates on Thursday announced an order for 15 long-haul Airbus A350-900s, bringing to 110 the... Published 17 Nov, 2023 06:06am
Azerbaijan rejects Armenia peace talks planned in US BAKU: Azerbaijan on Thursday refused to participate in normalisation talks with arch-foe Armenia that were planned ... Published 17 Nov, 2023 06:06am
Israel takes Gaza port, battles Hamas fighters GAZA STRIP: Israeli troops on Thursday advanced their campaign to destroy Hamas in Gaza, fighting gun battles and... Published 17 Nov, 2023 06:06am
Global debt edges to fresh record, populism could push it higher: IIF LONDON: Global debt edged up to a record $307.4 trillion in the third quarter, and the debt-to-output ratio in... Published 17 Nov, 2023 06:06am
France warns Iran against escalating Gaza conflict across region PARIS: France’s foreign minister said she had told her Iranian counterpart on Thursday that Tehran would bear a... Published 17 Nov, 2023 06:06am
Rich nations ‘likely’ met $100bn climate finance goal: OECD PARIS: Wealthy nations likely met their goal of providing $100 billion in annual climate finance to poorer nations... Published 17 Nov, 2023 06:06am
Norway parliament says be ready for Palestinian state ‘recognition’ OSLO: Norway’s parliament on Thursday adopted a resolution calling on the government to be ready to recognise an... Published 17 Nov, 2023 06:06am
Fear grows for patients inside Gaza hospital GAZA/OCCUPIED JERUSALEM: Palestinian medics said on Thursday they are increasingly afraid for the lives of hundreds... Published 17 Nov, 2023 06:06am
Biden, Xi agree to ease tensions WOODSIDE, (United States): US President Joe Biden hailed his “most constructive” talks with Chinese President Xi... Published 17 Nov, 2023 06:06am
Arrests over May 9 incidents: ICA challenges SC’s verdict against trial of civilians in military courts ISLAMABAD: The Supreme Court has been urged to set aside its verdict that declared the trial of civilians, arrested... Published 17 Nov, 2023 06:06am
Nawaz, Dar, others meet businesspeople LAHORE: Former prime minister Nawaz Sharif, on his historic visit to Lahore Chamber of Commerce and Industry, has... Published 17 Nov, 2023 06:06am
IMF, EU officials regularly visit IK in Adiala Jail, claims Elahi LAHORE: Pakistan Tehreek-i-Insaf (PTI) President Chaudhry Parvez Elahi on Thursday said that no one pressurized him... Published 17 Nov, 2023 06:06am
Bilawal makes veiled attack on Nawaz, IK ABBOTTABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari addressed a historic workers convention... Published 17 Nov, 2023 06:06am
NCA to hold Level-1 coaching course for 29 women cricketers from today LAHORE: The involvement and participation of Pakistan women in mainstream cricket continues, as on the initiative of... Published 17 Nov, 2023 06:06am
‘Setting up of internet exchanges most critical action for security, data protection’ ISLAMABAD: The establishment of internet exchanges is currently deemed as the most critical action for national... Published 17 Nov, 2023 06:06am
IK’s plea: court seeks reply from prosecution ISLAMABAD: A local court on Thursday issued notices on Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan’s plea... Published 17 Nov, 2023 06:06am
Proceedings against IK in cypher case: IHC extends stay order ISLAMABAD: The Islamabad High Court (IHC), Thursday, extended its stay order in the proceedings against Pakistan... Published 17 Nov, 2023 06:06am
Pakistan re-elected to Unesco Executive Board for 2023-27 ISLAMABAD: Pakistan was re-elected to the Executive Board of the United Nations Educational, Scientific and Cultural... Published 17 Nov, 2023 06:06am
PM, ministers submit statements of assets, liabilities to ECP ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar owned inherited agricultural land of 20 acres that valued... Published 17 Nov, 2023 06:06am
Faizabad sit-in: ‘Manipulation resorted to in court by not fixing review pleas against SC judgment’ ISLAMABAD: The Supreme Court acknowledged that manipulation resorted to in the Court by not fixing the review... Published 17 Nov, 2023 06:06am
Anti-money laundering law: Notices being issued to BoDs of companies LAHORE: The Directorate of Intelligence and Investigation (I&I) Inland Revenue, under the garb of... Published 17 Nov, 2023 06:06am
Soldier martyred, four terrorists killed in two KP IBOs: ISPR RAWALPINDI: Security forces killed four terrorists in an Intelligence-Based Operation (IBO) in the general area of... Published 17 Nov, 2023 06:06am
Captaincy: Afridi says not lobbying for Shaheen LAHORE: Former Pakistan cricket captain Shahid Khan Afridi has denied any involvement in discussions or lobbying for... Published 17 Nov, 2023 06:06am
Punjab govt announces new steps to overcome challenge of smog LAHORE: Announcing measures to cope with the smog challenge in the provincial capital, the Punjab government... Published 17 Nov, 2023 06:06am
‘International Day for Tolerance’ observed FAISALABAD: On the day of International Day for Tolerance, the Department of International Relations GC University... Published 17 Nov, 2023 06:06am
Degrees awarded to 3,799 students at UMT convocation LAHORE: University of Management and Technology (UMT) held its 25th Convocation 2023 on Thursday, at its campus in... Published 17 Nov, 2023 06:06am
SIFC to act as a catalyst transforming country’s economy In recent times, the economic landscape in Pakistan has witnessed a groundbreaking transformation with the advent of... Updated 17 Nov, 2023 06:36am
The Weather KARACHI: The weather report on Thursday (November 16, 2023) and the forecast for Friday (November 17, 2023)... Published 17 Nov, 2023 06:06am
˜Business innovation is process of generating new ideas KARACHI: The Department of Computer Science and Information Technology of Sir Syed University of Engineering &... Published 17 Nov, 2023 06:06am
Alkhidmat Karachi rescue, relief training completes KARACHI: Alkhidmat Karachi four-day rescue and relief training for the volunteers serving in disaster operations has... Published 17 Nov, 2023 06:06am
Hafeez expresses gratitude to Zaka LAHORE: Former Test captain Mohammad Hafeez has expressed gratitude to the Chairman PCB Management Committee Zaka... Published 17 Nov, 2023 06:06am
JI women hold eighth solidarity march for Palestine KARACHI: The Jamaat-e-Islami (JI) women on Thursday held its eighth Palestine Solidarity March to show unity with ... Published 17 Nov, 2023 06:06am
Jordanian field hospital: Pakistan condemns Israeli bombardment ISLAMABAD: Pakistan has strongly condemned the bombardment by Israeli Occupation Forces in the surroundings of a... Published 17 Nov, 2023 06:06am
PDM parties will be asked to form alliance ahead of elections: PTI ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday claimed that all the political parties which were part of... Published 17 Nov, 2023 06:06am
PFA destroys vegetables irrigated from wastewater LAHORE: The Punjab Food Authority (PFA) on Thursday uprooted unhealthy vegetable crops by ploughing 320 marla land... Published 17 Nov, 2023 06:06am
Pre-arrest bail granted to anchorperson LAHORE: A sessions’ court on Thursday granted pre-arrest bail to anchorperson Imran Riaz Khan in a cybercrime case... Published 17 Nov, 2023 06:06am
Two uplift projects in Lahore near completion LAHORE: Work is speedily underway on the Cavalry Ground underpass and the Ghorra Chowk flyover and both the... Published 17 Nov, 2023 06:06am
Rates Index crosses 57,000-point level KARACHI: Pakistan Stock Exchange on Thursday witnessed another bullish session and hit new highest ever historic... Published 17 Nov, 2023 06:06am
PARTLY FACETIOUS: Kabira khara bazaar mein “You heard of Judas?” “Isn’t he the one who betrayed Jesus Christ?” “Yes. According to Christianity’s... Published 17 Nov, 2023 06:06am
IMF review & state of economy I expect an agreement on the review to come within this week, so, any day now. I can say that Pakistani authorities,... Updated 17 Nov, 2023 06:31am
Climate change crisis: the world must do better and fast As the 28th edition of the ‘Conference of the Parties’ (COP) is scheduled to be held during November 30-December 12... Updated 17 Nov, 2023 12:45pm
Letters Loss-making SOEs: all is not lost This is apropos a Business Recorder op-ed “SOEs in Pakistan, India, and Bangladesh” carried by the newspaper on... Published 17 Nov, 2023 06:06am
Stocks Wall St rally takes breather as Cisco, Walmart drop NEW YORK: Wall Street’s main indexes fell on Thursday, dragged down by Cisco and Walmart following underwhelming... Published 17 Nov, 2023 06:06am
Stocks European shares fall after three days of gains PARIS: Europe’s benchmark index fell on Thursday, dragged down by energy stocks, following a three-day run of ... Published 17 Nov, 2023 06:06am
Stocks Gulf bourses end higher on bets for end of rate-hike cycle DUBAI: Stock markets in the Gulf ended higher on Thursday, as rising expectations of an end to the US Federal... Published 17 Nov, 2023 06:06am
Stocks China stocks fall on ‘disappointing’ Biden-Xi meeting SHANGHAI: Chinese stocks closed lower on Monday as investors were disappointed by a meeting between the leaders of... Published 17 Nov, 2023 06:06am
Stocks IT stocks power Indian blue-chips to four-week highs BENGALURU: Indian blue-chip indexes shrugged off a weak start on Thursday to end at four-week highs as IT stocks... Published 17 Nov, 2023 06:06am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 90,046 tonnes of cargo comprising 62,241 tonnes of import cargo and 27,805... Published 17 Nov, 2023 06:06am
Energy Oil prices dive HOUSTON: Oil prices fell more than $3 a barrel on Thursday, extending losses from the previous session, as investors... Published 17 Nov, 2023 06:06am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (November 16, 2023)... Published 17 Nov, 2023 06:06am
Cotton & Textile Slow business on cotton market LAHORE: The local cotton market on Thursday remained steady and the trading volume remained low. Cotton Analyst... Published 17 Nov, 2023 06:06am
Commodities Asia rice: India rates gain on higher demand BENGALURU/MUMBAI/HANOI/BANGKOK/BANGLADESH: Rice prices rose in most Asian centers this week, with export rates for... Published 17 Nov, 2023 06:06am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 13.468... Published 17 Nov, 2023 06:06am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 17 Nov, 2023 06:06am
Forex Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 17 Nov, 2023 06:06am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (November 16, 2023). ========================== KIBOR... Published 17 Nov, 2023 06:06am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (November... Published 17 Nov, 2023 06:06am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (November 16, 2023). ======================== Open ... Published 17 Nov, 2023 06:06am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (November 16, 2023).... Published 17 Nov, 2023 06:06am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (November 16, 2023).... Published 17 Nov, 2023 06:06am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (November 16, 2023)... Published 17 Nov, 2023 06:06am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (November 16, 2023). ======================================= ... Published 17 Nov, 2023 06:06am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (November 16, 2023). ==================================== ... Published 17 Nov, 2023 06:06am
SIFC satisfied with SOE sell-off progress Ministries present progress on projects identified in key sectors Updated 17 Nov, 2023 10:06am
Shamshad says another gas price hike to take place in Jan ISLAMABAD: While emphasizing the importance of remaining in the International Monetary Fund (IMF) programme for... Updated 17 Nov, 2023 08:38am
PIA sell-off: PC Board tasks FA to prepare plan by Dec-end ISLAMABAD: The Privatisation Commission (PC) Board has tasked Financial Advisor Ernest & Young-led consortium to... Updated 17 Nov, 2023 09:45am
Investment co-op in energy sector: ‘Framework’ may be signed during PM’s visit to UAE ISLAMABAD: The United Arab Emirates (UAE) and Pakistan are likely to sign a framework on investment cooperation in... Updated 17 Nov, 2023 09:48am
ADB’s ACSR Bunting Conductor: Chinese firm urges authorities to reevaluate tender ISLAMABAD: Chinese firm M/s Henan Tonga-Da Cable Co Ltd has urged Pakistani authorities to undertake reevaluation of... Updated 17 Nov, 2023 10:04am
Forex reserves fall by $79m KARACHI: The country’s total liquid foreign exchange reserves fell by $79 million during the last week due to... Updated 17 Nov, 2023 08:39am
RDAs: foreign inflows surge to $6.9bn mark KARACHI: Foreign inflow under the Roshan Digital Accounts (RDAs) surged to $ 6.9 billion mark at the end of October... Updated 17 Nov, 2023 10:04am
DII initiative: ECC allows release of Rs5bn ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed release of Rs 5 billion for one-time... Updated 17 Nov, 2023 09:47am
Ogra and PRL ink ‘crucial’ agreement ISLAMABAD: In a landmark development aligning with Pakistan’s refining policy, the Oil and Gas Regulatory Authority... Updated 17 Nov, 2023 08:38am
Afghanistan: Govt will continue to find ways to facilitate transit trade: FO ISLAMABAD: Pakistan said on Thursday that it is finding ways to felicitate Afghan transit trade and also introducing... Updated 17 Nov, 2023 09:40am
Appropriate levels of authority: Secretaries’ body seeks guidelines from ministry ISLAMABAD: The Secretaries Committee has asked the Ministry of Law and Justice to provide guidelines and proforma to... Updated 17 Nov, 2023 08:59am
Commodities Gold prices fall KARACHI: Gold prices on Thursday posted a little decline on the local market, traders said. They went down by Rs500... Published 17 Nov, 2023 06:06am
Staff-level agreement reached EDITORIAL: The staff-level agreement (SLA) on the first review of the nine-month 3 billion dollar International... Published 17 Nov, 2023 06:06am
Crown of thorns EDITORIAL: Political parties have no bigger mission than contesting elections and forming government, quite... Published 17 Nov, 2023 06:06am
Conference held to mark BRI’s 10th anniversary KARACHI: The Ambassador of China in Pakistan Jiang Zaidong reiterated the dedication to improving people’s... Published 17 Nov, 2023 06:06am
Commodities Gold prices higher BENGALURU: Gold prices rose on Thursday as the US Treasury yields edged lower, amid prospects that the Federal... Published 17 Nov, 2023 06:06am
Commodities Japanese rubber up on fears of raw material shortage SINGAPORE: Japanese rubber futures climbed to a one-month high on Thursday, amid speculations of raw material... Published 17 Nov, 2023 06:06am
Commodities Rain in Vietnam’s coffee belt slows harvest peak HANOI/BANDAR LAMPUNG: Domestic coffee prices in Vietnam climbed this week as fresh supply from the new harvest is ... Published 17 Nov, 2023 06:06am
Commodities Malaysian palm oil futures down JAKARTA: Malaysian palm oil futures closed lower on Thursday, tracking a decline in soyoil prices on the Chicago... Published 17 Nov, 2023 06:06am
Commodities Chicago soyabean futures retreat from 2-1/2-month high on improved weather outlook CANBERRA: Chicago soyabean futures retreated on Thursday from a 2-1/2-month high reached in the previous session as... Published 17 Nov, 2023 06:06am
Commodities Copper hits six-week highs LONDON: Copper climbed to six-week highs on Thursday as lower inventories triggered a flurry of buying that took... Published 17 Nov, 2023 06:06am
Commodities Dalian iron ore drops SINGAPORE: Dalian iron ore futures fell on Thursday, as Chinese authorities intervened to control soaring prices and... Published 17 Nov, 2023 06:06am
Target set to enhance pharmaceutical exports to $1bn in FY24: DRAP KARACHI: The government, along with all stakeholders of the sector, has set a target to enhance pharmaceutical... Published 17 Nov, 2023 06:06am
Oil prices hit 4-month low on concerns about US, Chinese economy NEW YORK: Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worried about... Published 17 Nov, 2023 06:06am
Energy HSD, petrol: Ogra accepts claim of PSO exchange rate adjustment ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) accepted the claim of Pakistan State Oil (PSO) exchange rate... Published 17 Nov, 2023 06:06am
Industry Belgium reaffirms commitment to work together on multilateral fora ISLAMABAD: Pakistan and Belgium have reaffirmed their joint commitment to work together towards shaping a better... Published 17 Nov, 2023 06:06am
Exports: PBF demands govt issue 15pc rebate for one year KARACHI: The Pakistan Business Forum (PBF) has demanded the government to issue 15 percent rebate for a period of ... Published 17 Nov, 2023 06:06am
Afghan transit trade: Four-member body to probe abnormal increase in volume of goods ISLAMABAD: Caretaker Prime Minister Anwaarul Haq has constituted a four-member committee to investigate abnormal... Published 17 Nov, 2023 06:06am
Challenge of smuggling from Iran, Afghanistan: Govt urged to allow steel import only by sea ISLAMABAD: The documented steel sector on Thursday proposed the caretaker government to allow import of steel only... Published 17 Nov, 2023 06:06am
Companies Mari Petroleum signs MoU with KUFPEC ISLAMABAD: Mari Petroleum Company Limited (MPCL) announced that it has entered into a Memorandum of Understanding... Published 17 Nov, 2023 06:06am
Industry ‘Telecom Infrastructure Sharing Framework’ approved ISLAMABAD: The government has approved Telecom Infrastructure Sharing Framework (TISF) which would provide a... Published 17 Nov, 2023 06:06am