News Archives for Print - 2024-12-10

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Print - 2024-12-10

Europe

European countries suspend Syrian asylum decisions after Assad’s fall

BERLIN: Germany, France, Austria and several Nordic countries said on Monday they would freeze all pending asylum...

Published 10 Dec, 2024 08:50am

World cautious over ‘terrorist’ HTS role in new Syria

PARIS: International diplomats reacted cautiously Monday to the prospect of the Islamist Hayat Tahrir al-Sham (HTS)...

Published 10 Dec, 2024 08:48am

Europe

EU must find billions for arms within a year, defence chief says

BRUSSELS: Europe needs to find ways within the next year to fund hundreds of billions of euros in extra military...

Published 10 Dec, 2024 08:44am

Europe

UK says suspending all aid to Georgian govt

LONDON: Britain’s top diplomat David Lammy on Monday condemned “shocking” violence by Georgian authorities...

Published 10 Dec, 2024 08:41am

Cold, dry weather likely

KARACHI: The Met Office on Monday issued a warning about the continuing cold waves across the country, as...

Published 10 Dec, 2024 08:38am

Chinese premier warns world financial leaders of ‘deglobalisation’ risks

BEIJING: China’s number two leader warned on Monday that “deglobalisation” was putting further strain on the...

Published 10 Dec, 2024 08:35am

Europe

Macron eyes broad alliance to form new French govt

PARIS: French President Emmanuel Macron has called for a “meeting of different political forces” to hammer out a...

Published 10 Dec, 2024 08:32am

D-Chowk protest: ATC grants 3-day physical remand of 19 accused

ISLAMABAD: An anti-terrorism court (ATC) in Islamabad on Monday granted a three-day physical remand to 19 accused...

Published 10 Dec, 2024 08:28am

Bazai’s disqualification: SC suspends ECP verdict

ISLAMABAD: The Supreme Court, on Monday, suspended the Election Commission of Pakistan (ECP)’s verdict to...

Published 10 Dec, 2024 08:25am

Fazl urges govt to avoid politicising seminaries issue

CHARSADDA: Jamiat Ulema-e-Islam Fazl (JUI-F) Chief Maulana Fazlur Rehman has urged the government to avoid...

Published 10 Dec, 2024 08:23am

Agriculture and Allied

Post-harvest losses in country up to 40pc, says ADB

ISLAMABAD: Post-harvest losses in Pakistan are estimated at 20 to 40 percent for various crops, due to lack of...

Published 10 Dec, 2024 08:20am

Dar meets current, former PMs of AJK

ISLAMABAD: Deputy Prime Minister/Foreign Minister Ishaq Dar, Monday, met with the current and former Prime Ministers...

Published 10 Dec, 2024 07:47am

Issue of PSMA office-bearers: IHC orders appellate body of MoC to hear pleas today

ISLAMABAD: The Islamabad High Court (IHC) ordered the Appellate Committee of Ministry of Commerce to hear the...

Published 10 Dec, 2024 07:45am

Companies

Payoneer hosts 4th edition of XBorder Excellence Awards

ISLAMABAD: Payoneer, the global financial technology company dedicated to empowering small and medium-sized...

Published 10 Dec, 2024 07:40am

Toshakhana-II case: Indictment of IK, Bushra deferred again

ISLAMABAD: An accountability court on Monday once again deferred the indictment of ex-prime minister and founding...

Published 10 Dec, 2024 07:35am

Intellectuals should involve youth to transform Pakistan: speakers

KARACHI: Instead of encouraging the people to leave the country, Pakistani intellectuals and influential figures...

Published 10 Dec, 2024 07:33am

JI chief announces to hold ‘Gaza solidarity march’ on 29th

KARACHI: Central Chief of Jamaat-e-Islami, Hafiz Naeemur Rehman on Monday announced to hold rally in solidarity with...

Published 10 Dec, 2024 07:30am

Industry

LCCI seeks consultation over appointment of diplomats, trade officers abroad

LAHORE: The Lahore Chamber of Commerce & Industry has urged the government to ensure the chamber’s role in the...

Published 10 Dec, 2024 07:29am

Normalising ties: Afghan Chargé d’Affairs calls on Dar

ISLAMABAD: Pakistan and Afghanistan are set to normalise bilateral relations after a long stalemate, as Chargé...

Published 10 Dec, 2024 07:26am

Industry

President HCSTSI forms 44 sub-committees to address trader’s issues

HYDERABAD: President of Hyderabad Chamber of Small Traders and Small Industry (HCSTSI), Muhammad Saleem Memon, has...

Published 10 Dec, 2024 07:20am

President promulgates ordinance to amend FBISE Act

ISLAMABAD: President Asif Ali Zardari has promulgated an ordinance to amend the Federal Board of Intermediate and...

Published 10 Dec, 2024 07:19am

Companies

PTCL to achieve EPI Data Center Certification

KARACHI: Pakistan’s leading telecom and integrated ICT services provider, Pakistan Telecommunication Company...

Published 10 Dec, 2024 07:17am

Non-bank financial sectors: SECP approves strategic action plan for Islamic finance development

ISLAMABAD: The Strategic Action Plan of the Securities and Exchange Commission of Pakistan (SECP) aims to enable...

Published 10 Dec, 2024 07:14am

Companies

Unilever launches safety programme for outdoor advertising workers

KARACHI: Unilever Pakistan has implemented new measures for ‘skin fitters’ in order to address safety and...

Published 10 Dec, 2024 07:13am

Letters

A culture of tax evasion

This is apropos a Business Recorder news item titled “Now revenue leakages come under govt focus” carried by the...

Published 10 Dec, 2024 07:01am

Mercury and cosmetics – is beauty worth the risk?

Mercury—an element long known for its toxicity—has earned a notorious spot on the World Health Organisation’s...

Published 10 Dec, 2024 06:59am

Bashar al-Assad’s fall

The fall of Damascus the Syrian capital came on December 8, 2024 as the climax to the fall of city after city to the...

Published 10 Dec, 2024 06:48am

Human development index of provinces

The Population and Housing Census of 2023 has generated a lot of useful information on key indicators. The ...

Published 10 Dec, 2024 06:43am

Reforming juvenile justice

EDITORIAL: Pakistan’s struggles with establishing the rule of law for the most vulnerable members of its ...

Published 10 Dec, 2024 06:34am

Inflation declines, but where’s feel-good factor?

EDITORIAL: Sensitive Price Index (SPI) for the week ending 5 December 2024 was 3.57 percent year on year, a massive...

Published 10 Dec, 2024 06:31am

SC’s judgement on military courts: Apex court rejects plea seeking deferment of ICAs

ISLAMABAD: The constitutional bench of the Supreme Court (SC) turned down the plea to defer the intra-court appeals...

Updated 10 Dec, 2024 09:45am

Islamabad Model Jail: PM orders authorities to expedite work

ISLAMABAD: In the wake of rising number of inmates, particularly as a result of the political unrest in the country,...

Published 10 Dec, 2024 06:13am

With Assad gone, his PM agrees to hand power to rebel admn

DAMASCUS: Ousted Syrian President Bashar al-Assad’s prime minister said he had agreed on Monday to hand power to...

Published 10 Dec, 2024 06:13am

Houthi drone hits central Israeli residential building

YAVNÉ, (Israel): A drone claimed by Yemen’s Houthi rebels exploded on the top floor of a residential building in...

Published 10 Dec, 2024 06:13am

Youth's involvement crucial in fight against corruption: PILDAT

LAHORE: President Pakistan Institute of Legislative Development and Transparency (PILDAT) Ahmed Bilal Mehboob said...

Published 10 Dec, 2024 06:13am

WCLA initiates historical live re-enactment

LAHORE: The Walled City of Lahore Authority (WCLA) has started a historical live reenactment, portraying the working...

Published 10 Dec, 2024 06:13am

Baldia factory fire incident: SHC dissatisfied over efforts to repatriate Hammad Siddiqui

KARACHI: The Sindh High Court’s (SHC) constitutional bench on Monday expressed displeasure over the efforts to...

Published 10 Dec, 2024 06:13am

Balochistan Assembly: Senate sub-panel approves bill to increase seats to 80

ISLAMABAD: A parliamentary subcommittee has given its nod to a bill that aims to expand the Balochistan Provincial...

Published 10 Dec, 2024 06:13am

PR failed to provide all requested documents: Senate body decides to send matter to privilege committee

ISLAMABAD: The Senate Standing Committee on Railways on Monday while expressing serious anger over Pakistan Railways...

Published 10 Dec, 2024 06:13am

PM directs safe evacuation of citizens from Syria

ISLAMABAD: In light of the ongoing turmoil in Syria, Prime Minister Shehbaz Sharif on Monday directed the relevant...

Published 10 Dec, 2024 06:13am

President reiterates commitment to protecting human rights

ISLAMABAD: President Asif Ali Zardari has reiterated the nation’s unwavering commitment to the protection and...

Published 10 Dec, 2024 06:13am

Sindh discussing ‘bullet train project’ with investors: Sharjeel

KARACHI Sindh Senior Minister Sharjeel Inam Memon stated that the Sindh government is working to create new...

Updated 10 Dec, 2024 08:58am

Lamp lighting ceremony held at KGH ‘There’s need to provide professional education to the youth’

KARACHI: Addressing the 17th lamp lighting and oath-taking ceremony of Kharadar General Hospital School of Nursing,...

Published 10 Dec, 2024 06:13am

CJP visits Gwadar, meets DSJs of remote districts

ISLAMABAD: Chief Justice of Pakistan Yahya Afridi outlined a policy approach to visit the farthest districts of each...

Published 10 Dec, 2024 06:13am

Maryam signs many MoUs during China visit

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif spent a busy first day in Beijing as she undertook 05 visits, held...

Updated 10 Dec, 2024 08:57am

Pak-South Africa series starting today

LAHORE: Pakistan is all set to face South Africa in an all-format series for the first time since 2019, which will...

Published 10 Dec, 2024 06:13am

Religious seminaries bill: Naqvi meets patron of Wifaq-ul-Madaris

LAHORE: Interior Minister Mohsin Naqvi visited Jamia Ashrafia, here on Monday and met with the patron-in-chief of...

Published 10 Dec, 2024 06:13am

Punjab govt approves establishment of education authority

LAHORE: The Punjab government has approved the establishment of an education authority to oversee curriculum, ...

Published 10 Dec, 2024 06:13am

Bilawal for efforts aimed at safeguarding human rights

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari has called for united efforts to ...

Updated 10 Dec, 2024 08:56am

Well-structured system for madrassa registration developed: Tarar

ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar emphasized that a well-structured ...

Updated 10 Dec, 2024 08:55am

Rates

Unrelenting rally on PSX

KARACHI: Pakistan Stock Exchange continued its bullish trend and hit new highest-ever levels on Monday on the back ...

Published 10 Dec, 2024 06:13am

Energy

Lesco collects Rs3.76bn from defaulters

LAHORE: The Lahore Electric Supply Company (Lesco) has recovered Rs 3.76 billion from 126,718 dead defaulters in all...

Published 10 Dec, 2024 06:13am

PARTLY FACETIOUS: Once a terrorist always a terrorist

“It depends on the epithets you use.” “What?” “See you could be a rebel for some, terrorist for some and...

Published 10 Dec, 2024 06:13am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (December 09, 2024). ========================== KIBOR...

Published 10 Dec, 2024 06:13am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on...

Published 10 Dec, 2024 06:13am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (December 09, 2024) . ==================================== BR...

Published 10 Dec, 2024 06:13am

Forex

Dollar's rate in Interbank market

KARACHI: Interbank closing rates for dollar on Monday (December 09, 2024) . ======================== Open Bid...

Published 10 Dec, 2024 06:13am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (December 09, 2024) ....

Published 10 Dec, 2024 06:13am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 09, 2024) ....

Published 10 Dec, 2024 06:13am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (December 09, 2024)...

Published 10 Dec, 2024 06:13am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (December 09, 2024) . ======================================= Offset...

Published 10 Dec, 2024 06:13am

Rates

LME official prices

LONDON: The following were Friday official prices. ========================================= ALUMINIUM...

Published 10 Dec, 2024 06:13am

Energy

Oil prices climb

HOUSTON: Oil prices rose by nearly 2% on Monday on increased geopolitical risk after the fall of Syrian President...

Published 10 Dec, 2024 06:13am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 237,186 tonnes of cargo comprising 138,709 tonnes of import cargo and 98,477...

Published 10 Dec, 2024 06:13am

Stocks

European shares close at six-week high

PARIS: European shares closed at their highest levels in six-weeks on Monday, led by mining and luxury stocks, after...

Published 10 Dec, 2024 06:13am

Stocks

China, Hong Kong stocks ease as inflation slows

HONG KONG: China and Hong Kong stocks dropped in a volatile trading session on Monday as inflation data undershot...

Published 10 Dec, 2024 06:13am

Stocks

Technology stocks pull down Wall Street ahead of inflation data

NEW YORK: Wall Street’s main indexes slipped on Monday as declines in AI powerhouse Nvidia pressured tech stocks,...

Published 10 Dec, 2024 06:13am

Stocks

Nikkei edges higher

TOKYO: Japan’s Nikkei share average rose on Monday, buoyed by Wall Street’s gains at the end of last week,...

Published 10 Dec, 2024 06:13am

Social impact financing: PM panel outlines key priorities

Finance minister highlights government’s role in establishing a robust policy and regulatory framework for social impact financing

Updated 10 Dec, 2024 09:47am

Reko Diq project financial close likely by June 2025: ADB weighs third-party guarantee option

ISLAMABAD: The financial close of the Reko Diq Mining Project is expected by June 2025, as the Asian Development...

Updated 10 Dec, 2024 02:46pm

Foreign investors meet Aurangzeb

ISLAMABAD: A high-level delegation of foreign investors and business professionals, mostly based in the United...

Updated 10 Dec, 2024 09:19am

TPS Guddu ST-16 restoration: China’s Herbin sounds alarm over new tender process

ISLAMABAD: M/s Herbin Electric International Company Limited (HEICL), China, the OEM and EPC Contractor for the...

Updated 10 Dec, 2024 09:13am

‘Project behind scheduled’: World Bank seeks clarity on $195m EDEIP

ISLAMABAD: The World Bank has raised questions on the implementation of Electricity Distribution Efficiency...

Updated 10 Dec, 2024 09:19am

‘Fake’ purchase of coal by cement makers: Abrupt transfer of officers halts probe into Rs11bn tax fraud

KARACHI: The Federal Board of Revenue (FBR) has reportedly halted investigations into an alleged Rs11 billion tax...

Updated 10 Dec, 2024 03:25pm

Power, gas theft as cognizable offence: NA panel unanimously rejects PPC amendments

ISLAMABAD: The treasury and opposition members of the National Assembly Standing Committee on Interior have...

Updated 10 Dec, 2024 09:15am

APTMA demands govt restore Export Finance Scheme

KARACHI: The All Pakistan Textile Mills Association (APTMA) has demanded the federal government for immediate...

Updated 10 Dec, 2024 09:16am

Energy

OPEC set to re-elect Sec Gen al-Ghais for second term

LONDON: The Organization of the Petroleum Exporting Countries is set re-elect current secretary general Haitham...

Published 10 Dec, 2024 06:13am

Limiting value to $1,200: FBR decides to tighten baggage rules

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to tighten baggage rules to check misuse of this facility...

Updated 10 Dec, 2024 03:56pm

Customs reduces values of imported power tools

LAHORE: In a stunning reversal, the customs valuation department has effectively reduced the custom values of power...

Updated 10 Dec, 2024 09:13am

Industry

‘Youth’s future is bright as economic condition improving’

KARACHI: S M Tanveer, Patron-in-Chief of the United Business Group (UBG) has assured the youth of Pakistan that they...

Published 10 Dec, 2024 06:13am

SECP registers 3,024 new companies in Nov

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has achieved a significant milestone,...

Published 10 Dec, 2024 06:13am

Bangladesh & Pakistan to diversify, increase bilateral trade

KARACHI: Bangladesh and Pakistan have been working to diversify and to increase bilateral trade baskets. Bangladesh...

Published 10 Dec, 2024 06:13am

Commodities

Gold gains

KARACHI: Gold gained a sizeable value on Monday after the global rates crossed $2,650 per ounce, traders said. At...

Published 10 Dec, 2024 06:13am

Commodities

Palm oil futures lower, tracking rival vegetable oils

JAKARTA: Malaysian palm oil futures closed down on Monday, tracking a decline in rival vegetable oils on the Dalian...

Published 10 Dec, 2024 06:13am

Commodities

Iron ore futures range-bound

SINGAPORE: Iron ore futures traded sideways on Monday as investors weighed hopes of further stimulus from China...

Published 10 Dec, 2024 06:13am

Commodities

Japanese rubber futures decline on profit-taking

SINGAPORE: Japanese rubber futures lost ground on Monday as traders booked profits on the previous week’s gains...

Published 10 Dec, 2024 06:13am

Commodities

Gold rises on US rate cut bets

NEW YORK: Gold prices climbed on Monday as China’s central bank resumed gold purchases after a six-month pause,...

Published 10 Dec, 2024 06:13am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 33.572 billion...

Published 10 Dec, 2024 06:13am

Commodities

Copper jumps on China hopes

LONDON: Copper prices jumped on Monday to the highest in nearly a month after top metals consumer China said it ...

Published 10 Dec, 2024 06:13am

Commodities

Paris wheat prices firmer

HAMBURG/PARIS: European wheat prices were slightly firmer on Monday, with the market lacklustre in slack import...

Published 10 Dec, 2024 06:13am

Cotton & Textile

Cotton market: Mills take less interest in fresh buying

LAHORE: The local cotton market on Monday remained steady and the trading volume remained low. Cotton Analyst ...

Published 10 Dec, 2024 06:13am

Jul-Nov FY25: Remittances surge 34pc to $14.76bn YoY

KARACHI/ISLAMABAD: Inflows of home remittances witnessed a significant 34 percent increase during the first five...

Published 10 Dec, 2024 06:13am

Companies

PAA urges PEMRA to reconsider suspension of TAM services decision

KARACHI: The Pakistan Advertising Association (PAA) has formally appealed to the Pakistan Electronic Media ...

Published 10 Dec, 2024 06:13am

Industry

TDAP will participate in Motobike Istanbul 2025

KARACHI: The Trade Development Authority of Pakistan (TDAP) will participate in Motobike Istanbul 2025. Motobike...

Published 10 Dec, 2024 06:13am

Industry

Chinese team explores investment opportunities in Sindh

KARACHI: A 15-member Chinese business delegation met with Sindh Chief Minister Syed Murad Ali Shah to explore...

Published 10 Dec, 2024 06:13am

Industry

Recovery of Rs68bn dues from ‘regular bill payers’: KE faces backlash from traders

KARACHI: The city traders on Monday announced that they will strongly resistance if K-Electric attempts to recover...

Published 10 Dec, 2024 06:13am

Industry

No gas for CPPs: Textile Council urges govt to reverse its decision

KARACHI: The Pakistan Textile Council (PTC) has called on the government to reverse its decision of gas ...

Published 10 Dec, 2024 06:13am

Money & Banking

SBP suspends money exchanger’s licence

KARACHI: The State Bank of Pakistan (SBP) has announced the cancellation of License of M/s Al-Hameed International...

Published 10 Dec, 2024 06:13am

Industry

Govt must show strong political will to revive agri sector: expert

LAHORE: The government must demonstrate a strong commitment and political will to revitalize Pakistan’s...

Published 10 Dec, 2024 06:13am

The Weather

KARACHI: The weather report on Monday (December 09, 2024) and the forecast for Tuesday (December 10, 2024)...

Published 10 Dec, 2024 06:13am

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 10 Chenab Limited(CHBL)	8.34 ▲ 1.00 (13.62%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.67 ▲ 0.89 (11.44%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Ist.Capital Sec / Jan 10 First Capital Securities Corporation(FCSC)	2.22 ▲ 0.22 (11.00%)
Sakrand Sugar / Jan 10 Sakrand Sugar Mills Limited(SKRS)	12.27 ▲ 1.12 (10.04%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
D.M. Textile / Jan 10 D.M. Textile Mills Limited(DMTX)	70.54 ▲ 6.41 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	658.91 ▲ 59.90 (10.00%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
S.G.Power / Jan 10 S.G. Power Limited(SGPL)	8.47 ▼ -1.00 (-10.56%)
JS Mom. Factor ETF / Jan 10 JS Momentum Factor ETF(JSMFETF)	13.42 ▼ -1.58 (-10.53%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	32.40 ▼ -3.60 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.06
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.01
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▲ 0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	31,825,296 ▲ 0.77
Pace (Pak) Ltd. / Jan 10 Pace (Pakistan) Limited(PACE)	23,629,459 ▲ 0.34
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.09
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.24
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	15,918,682 ▼ -5.65
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.01

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