The Weather KARACHI: The weather report on Tuesday (June 04, 2024) and the forecast for Wednesday (June 05, 2024)... Published 05 Jun, 2024 08:19am
Commodities Dalian iron ore extends losses BEIJING: Iron ore futures were mixed on Tuesday, with the Dalian benchmark extending losses amid lingering concerns... Published 05 Jun, 2024 08:19am
Commodities Copper dips below $10,000 as consolidation continues LONDON: Copper prices dipped below the key mark of $10,000 a metric ton on Tuesday for the first time in three weeks... Published 05 Jun, 2024 08:18am
Energy Oil drops as OPEC+ decision spotlights shaky demand HOUSTON: Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this... Published 05 Jun, 2024 08:17am
Energy US natural gas prices ease on forecasts for less demand NEW YORK: US natural gas futures eased about 1% on Tuesday on forecasts for less demand over the next two weeks than... Published 05 Jun, 2024 08:16am
Stocks China, HK stocks climb on stimulus hope HONG KONG: China stocks rebounded in the noon session on Tuesday as investors looked forward to an upcoming... Published 05 Jun, 2024 08:14am
Stocks Tokyo shares close lower TOKYO: Tokyo shares closed lower on profit-taking Tuesday following falls in the US Dow index. The benchmark Nikkei... Published 05 Jun, 2024 08:13am
Stocks European shares snap three-day winning streak PARIS: European shares slipped on Tuesday as falling commodity prices weighed on mining and energy stocks, though... Published 05 Jun, 2024 08:10am
Stocks Sri Lankan shares end higher BENGALURU: Sri Lankan shares closed higher on Tuesday, boosted by gains in consumer staple and financial stocks. ... Published 05 Jun, 2024 08:10am
Stocks Wall Street slips in choppy trading NEW YORK: US stock indexes inched lower on Tuesday after labor market data compounded worries about growing weakness... Published 05 Jun, 2024 08:09am
Money & Banking Most Asian currencies subdued BENGALURU: Most Asian currencies drifted in a narrow range on Tuesday, as data from the world’s largest economy... Published 05 Jun, 2024 08:06am
Money & Banking Dollar rebounds from multi-month lows NEW YORK: The US dollar rallied on Tuesday after falling overnight to its lowest against the euro, sterling and ... Published 05 Jun, 2024 08:02am
Anti-migrant thrust in Europe could have global knock-on effect: UN GENEVA: If Europe takes a more anti-migrant stance following upcoming elections it could impact the willingness of... Published 05 Jun, 2024 07:47am
Europe UK right-winger Farage doused with drink at election campaign launch LONDON: Nigel Farage, new leader of Britain’s right-wing Reform Party and thorn in the side of the governing... Published 05 Jun, 2024 07:47am
Intel unveils new chip tech in AI battle with Nvidia, AMD TAIPEI: US chip titan Intel on Tuesday struck a defiant tone in the face of strong challenges from rivals Nvidia, ... Published 05 Jun, 2024 07:47am
Qatar says no ‘clear position’ from Israel on Gaza truce deal DOHA: Mediator Qatar said Tuesday it was waiting for a “clear position” from Israel on a proposed Gaza ceasefire... Published 05 Jun, 2024 07:47am
UN decries ‘unfathomable’ killings in West Bank since Oct 7 GENEVA: The UN rights chief on Tuesday demanded an end to violence in the occupied West Bank, saying it was... Published 05 Jun, 2024 07:47am
Turkey court loosens Erdogan’s grip on central bank ANKARA: Turkey’s top court has annulled the president’s authority to sack central bank governors before their... Published 05 Jun, 2024 07:47am
FIFA World Cup 2026 Qualifier: PFF announces squad LAHORE: The Pakistan Football Federation (PFF) announced the final national men’s squad for the upcoming FIFA ... Published 05 Jun, 2024 07:47am
Iddat case: Court approves Bushra’s plea for suspension of sentence, early hearing ISLAMABAD: A local court, on Tuesday, approved Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan’s wife Bushra... Published 05 Jun, 2024 07:47am
Banned outfits restricted from collecting animals’ hides LAHORE: The Punjab government has imposed restriction on the banned organizations to collect sacrificial animal... Updated 05 Jun, 2024 12:11pm
Yarn Prices Faisalabad Yarn and Fiber Prices FAISALABAD: Yarn Market Rates on Tuesday (June 04, 2024) =========================== 6/S-7/S (COTTON)... Published 05 Jun, 2024 07:47am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 05 Jun, 2024 07:47am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (June 04, 2024). ========================== KIBOR... Published 05 Jun, 2024 07:47am
Commodities PMEX daily trading report KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR18.894 ... Published 05 Jun, 2024 07:47am
Commodities Chicago corn futures slide, wheat and soybeans steady PARIS/JAKARTA: Chicago corn futures edged lower on Tuesday to hold near a six-week low after a government report... Published 05 Jun, 2024 07:47am
Commodities Japanese rubber futures drop SINGAPORE: Japanese rubber futures lost more ground Tuesday as the market faced pressure from lower crude oil ... Published 05 Jun, 2024 07:47am
Commodities Gold falls as dollar bounces back NEW YORK: Gold retreated 1% on Tuesday as the dollar firmed, while investors positioned for US jobs numbers this ... Published 05 Jun, 2024 07:47am
Commodities Malaysian palm oil weaker KUALA LUMPUR: Malaysian palm oil futures fell more than 3% on Tuesday as trading resumed after a public holiday, ... Published 05 Jun, 2024 07:47am
Rates Activities at Karachi Port Trust and Port Qasim KARACHI: The Karachi Port Trust handled 133,828 tonnes of cargo comprising 73,519 tonnes of import cargo and 73,519... Published 05 Jun, 2024 07:47am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (June 04, 2024)... Published 05 Jun, 2024 07:47am
Cotton & Textile Little business on cotton market LAHORE: The local cotton market remained bearish on Tuesday, with trading volume staying low. According to Cotton... Published 05 Jun, 2024 07:47am
Hyderabad cylinder blast: Tessori gives financial assistance to families HYDERABAD: Governor Sindh Kamran Tessori gave financial assistance to 60 families of the martyrs and injured in the... Published 05 Jun, 2024 07:47am
JI voices its concern over rise in crime KARACHI: Jamaat-e-Islami (JI) on Tuesday cast its concerns over rising street crimes in the city, warning that the... Published 05 Jun, 2024 07:47am
Commodities Bumper production: CAP urges govt to allow export of wheat, by-products KARACHI: Pakistani traders have formally requested the federal government to allow the export of wheat and wheat... Published 05 Jun, 2024 07:47am
Bank Alfalah, WWF-Pakistan to plant mangroves in Balochistan KARACHI: On the occasion of World Environment Day, Bank Alfalah, one of the largest commercial banks in Pakistan, in... Published 05 Jun, 2024 07:47am
Patients in Capital facing serious problems: Three major govt hospitals have non-functional MRI machines ISLAMABAD: Thousands of patients in the capital city are facing serious problems as three major government hospitals... Published 05 Jun, 2024 07:47am
Energy Czech premier sees end of Russian oil dependence by mid-2025 PRAGUE: The Czech Republic will end its dependence on Russian oil by mid-2025 thanks to an expansion of the... Published 05 Jun, 2024 07:47am
‘Zindagi Tamasha’ becomes first movie to premiere on TikTok KARACHI: TikTok has announced a groundbreaking partnership with Khoosat Films, led by the director Sarmad Khoosat,... Updated 05 Jun, 2024 01:49pm
SECP, ADB hold workshop ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in collaboration with Asian Development Bank... Published 05 Jun, 2024 07:47am
Russian embassy says ‘closely following’ developments ISLAMABAD: In an unusual development, the Embassy of Russia in Islamabad on Tuesday stated that it is ‘closely... Published 05 Jun, 2024 07:47am
PTI greets IHC verdict, reopening of party office ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Tuesday lauded the Islamabad High Court (IHC)’s decision to exonerate... Published 05 Jun, 2024 07:47am
PIPS hosts workshop on Parliamentary Proceedings & Budget Processes ISLAMABAD: The Pakistan Institute for Parliamentary Services (PIPS) hosted a two-day workshop in Islamabad for... Published 05 Jun, 2024 07:47am
Energy KE Seeks Nepra’s guidance on FCA plea for April 2024 KARACHI: National Electric Power Regulatory Authority (NEPRA) has announced a public hearing on June 12, 2024, for... Published 05 Jun, 2024 07:47am
Funds demanded for merged tribal districts ISLAMABAD: A coalition of six opposition political parties under the banner of Tehreek Tahafuz Ayin-e-Pakistan ... Published 05 Jun, 2024 07:47am
FD revises upward IBC for HEC ISLAMABAD: The Finance Division has upward revised the Indicative Budget Ceilings (IBC) for the Higher Education... Published 05 Jun, 2024 07:47am
DG of I&I-IR, Hyderabad and Karachi busts network of tax fraudsters HYDERABAD: As part of the national drive against tax crimes/frauds by the FBR, the Directorate General of... Published 05 Jun, 2024 07:47am
Unloaded excess weight: CS authorises PHP enforcement staff LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman accorded approval to authorize the enforcement staff of Punjab... Published 05 Jun, 2024 07:47am
Court seeks arguments in 6 cases against IK ISLAMABAD: A local court on Tuesday sought arguments on Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran ... Published 05 Jun, 2024 07:47am
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 05 Jun, 2024 07:47am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 05 Jun, 2024 07:47am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (June 04, 2024). ======================== Open Bid Rs... Published 05 Jun, 2024 07:47am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (June 04, 2024).... Published 05 Jun, 2024 07:47am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 04, 2024).... Published 05 Jun, 2024 07:47am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (June 04, 2024)... Published 05 Jun, 2024 07:47am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (June 04, 2024). ======================================= Offset... Published 05 Jun, 2024 07:47am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (June 04, 2024). ==================================== BR... Published 05 Jun, 2024 07:47am
Companies HBL and EXIM partner to boost SME exports ISLAMABAD: HBL and EXIM (Export-Import Bank of Pakistan) signed a Memorandum of Understanding (MoU) to collaborate ... Published 05 Jun, 2024 07:47am
Money & Banking UBL Currency Exchange launched KARACHI: United Bank Limited (UBL) announced the official launch of UBL Currency Exchange, a wholly-owned subsidiary... Published 05 Jun, 2024 07:47am
APTMA demands restoration of ‘zero rating’, reduction in power tariffs and policy rate LAHORE: Central Chairman All Pakistan Textile Mills Association (APTMA) Asif Inam has demanded reduction in power... Published 05 Jun, 2024 07:47am
May cement despatches rise 7.83pc YoY LAHORE: Cement despatches increased by 7.83% in May 2024 as the total despatches were registered at 4.275 million... Published 05 Jun, 2024 07:41am
Clarification LAHORE: This is aporpos a news item “GEPCO tender: local suppliers ‘knock out’ int’l bidder” carried by ... Published 05 Jun, 2024 07:38am
FAPUASA holds rally against cut in higher education budget LAHORE: On the call of the Federation of All Pakistan Universities Academic Staff Association (FAPUASA), a protest... Published 05 Jun, 2024 07:38am
Retired judges as ETs: Judge recuses himself, saying has already passed an order in similar matter LAHORE: Justice Shahid Karim of the Lahore High Court on Tuesday recused from a petition challenging a Presidential... Published 05 Jun, 2024 07:32am
Registration process for ‘Kisan Card’ begins: Steps being taken to increase agri productivity: CM LAHORE: Expressing her firm resolve to bring ease and prosperity in the lives of the farmers, Chief Minister Punjab... Published 05 Jun, 2024 07:28am
No one allowed to sell poison in name of milk: minister LAHORE: Punjab Food Minister Bilal Yasin said on Tuesday that Pakistan’s dairy sector has immense potential for... Published 05 Jun, 2024 07:25am
Qatari diplomat calls on Maryam LAHORE: The Ambassador of Qatar to Pakistan, Ali Bin Mubarak Al Khatar called on Punjab Chief Minister Maryam Nawaz... Published 05 Jun, 2024 07:22am
Pakistan one of the most vulnerable countries to climate change: Zardari ISLAMABAD: President Asif Ali Zardari said Pakistan is among the few countries that have been most affected by the... Published 05 Jun, 2024 07:22am
Economic uplift: US envoy highlights steel sector’s importance KARACHI: The US envoy visited National Steel Complex Limited (NSCL) at Bin Qasim and highlighted the steel sector’s... Published 05 Jun, 2024 07:21am
Medical expert says prevalence of hearing loss quite high in Pakistan FAISALABAD: First successful bilateral cochlear implant has been conducted in Ganga Ram Hospital. This implant has... Published 05 Jun, 2024 07:18am
Energy Petroleum dealers reject plans aimed at selling diesel on roads thru DDTs KARACHI: The petroleum dealers have strongly opposed the plan to sell diesel on roads through Doorstep Delivery... Published 05 Jun, 2024 07:08am
Business operations to become infeasible if higher FED rates continue: LUMS ISLAMABAD: A new study by the Lahore University of Management Sciences (LUMS) cautioned that the business operations... Published 05 Jun, 2024 07:08am
ATC rejects Farhad’s post-arrest bail plea MUZAFFARABAD: The anti-terrorism court in Muzaffarabad has rejected the post-arrest bail plea of Ahmed Farhad, a ... Published 05 Jun, 2024 07:08am
Money & Banking U Bank inaugurates its first Islamic Banking Window in Karachi KARACHI: U Microfinance Bank (U Bank) has inaugurated its first Islamic Banking Window in its branch in Karachi. ... Published 05 Jun, 2024 07:04am
Sustainable wheat crop: strategies The recent wheat crisis in Pakistan can be attributed to two primary factors. Firstly, the Punjab government ... Published 05 Jun, 2024 06:44am
Clash of share values versus human values It is a classic story. It is the good versus evil history. It is a fantasy. It is a script for a feel good movie. We... Published 05 Jun, 2024 06:44am
Is inflation finally easing? EDITORIAL: Pakistan Bureau of Statistics (PBS) estimated the Consumer Price Index (CPI) at 11.8 percent in May,... Published 05 Jun, 2024 06:44am
Another non-starter? EDITORIAL: It’s becoming increasingly clear that US President Joe Biden was perhaps the only person who thought ... Published 05 Jun, 2024 06:44am
Letters Generation restoration: opportunities for universities The Aga Khan University, Karachi “Life on Land,” the focus of the United Nations’ Sustainable Development ... Published 05 Jun, 2024 06:44am
Pakistan envoy for enhancing ties with Oman ISLAMABAD: Pakistan’s Ambassador to Oman Ali Imran Chaudhry has underscored the importance of addressing strategic... Published 05 Jun, 2024 06:41am
SC will not go for ‘creative interpretation’ of Article 51: CJP ISLAMABAD: Chief Justice Qazi Faez Isa made it clear that the Supreme Court will not go for “creative... Published 05 Jun, 2024 06:41am
Bilawal expresses grief over loss of lives ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari expressed grief over the deaths of miners... Published 05 Jun, 2024 06:41am
PARTLY FACETIOUS: Miftah Ismail is the new Shabbar Zaidi? “Prime Minister and his band of merry cabinet members are off to China and I think this may be an appropriate time... Published 05 Jun, 2024 06:41am
Vawda urges SC to withdraw show-cause notice ISLAMABAD: Senator Faisal Vawda has prayed before the Supreme Court to withdraw the show-cause notice issued for... Published 05 Jun, 2024 06:41am
IHC orders de-sealing of PTI’s central secretariat ISLAMABAD: The Islamabad High Court (IHC), Tuesday, ordered to de-seal the Pakistan Tehreek-e-Insaf (PTI)’s ... Published 05 Jun, 2024 06:41am
FBATI condemns killing of trader KARACHI: Federal B Area Association of Trade and Industrialists (FBATI), on behalf of the businessmen community,... Published 05 Jun, 2024 06:41am
By-polls on PP-32: ECP reserves verdict on Elahi’s plea ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday reserved its verdict on a petition filed by ... Published 05 Jun, 2024 06:41am
Balochistan govt lodges FIR against mine owner for negligence QUETTA: Balochistan government on Tuesday ordered to lodge First Information Report against the mine owner for his... Published 05 Jun, 2024 06:41am
May Petroleum products sales up 7pc to 1.39 MT YoY KARACHI: The sales of petroleum products in the country increased by 07 percent on year-on-year and 26 percent on... Published 05 Jun, 2024 06:37am
Industry Geo-distributed firms face information security challenges: Kaspersky ISLAMABAD: A global cyber security company has asked Pakistani companies to apply solutions that enable centralized... Updated 05 Jun, 2024 06:35pm
Devastating floods in 2022: Pakistan has received $2.8bn so far: minister ISLAMABAD: Pakistan has so far received $ 2.8 billion out of $ 10.987 billion pledges made at the International... Published 05 Jun, 2024 06:28am
Taxes FBR asked to review banks’ withholding regime ISLAMABAD: The Federal Tax Ombudsman (FTO) has recommended the Federal Board of Revenue (FBR) to review regulatory... Published 05 Jun, 2024 06:25am
Categorising PBC as strategic SOE: Ministry seeks Cabinet body on SOEs nod PBC Board also endorses to categorise PBC as a strategic SOE Updated 05 Jun, 2024 09:39am
Pakistan, China agree to explore opportunities under CPEC SHENZHEN: Prime Minister Shehbaz Sharif Tuesday met with Party Secretary of Shenzhen Municipal Committee and Deputy... Updated 05 Jun, 2024 02:13pm
PRL, ED Investment may establish a joint group ISLAMABAD: Pakistan Refinery Limited (PRL) and Saudi Arabia’s ED Investment Group are likely to establish a joint... Updated 05 Jun, 2024 09:33am
$390m IBRD loan: World Bank likely to restructure T4HP to extend closing date ISLAMABAD: The World Bank is likely to restructure Tarbela Fourth Extension Hydropower Project (T4HP) to extend the... Updated 05 Jun, 2024 02:11pm
Rates Equities extend losses KARACHI: Pakistan Stock Exchange on Tuesday witnessed a bearish trend and closed in deep red with heavy losses due ... Published 05 Jun, 2024 06:20am
IHC stays execution of five ex-Navy officers ISLAMABAD: The Islamabad High Court (IHC) stayed the execution of five ex-Navy officers who were previously ... Published 05 Jun, 2024 06:20am
South Asia Indian Sikh separatist, IIOJ&K leader elected from jail NEW DELHI: An Indian Sikh separatist and a staunch opponent of Prime Minister Narendra Modi from disputed Kashmir... Published 05 Jun, 2024 06:20am
Shares in Modi ally Adani’s firm crash 25 percent MUMBAI: Shares in the main listed unit of Indian billionaire Gautam Adani’s conglomerate nosedived 25 percent on... Published 05 Jun, 2024 06:20am