IMF says no talks on new Senegal programme until misreporting addressed DAKAR: The International Monetary Fund said on Monday that talks on a new programme for Senegal could not go ahead... Published 28 Mar, 2025 08:09am
US-Pak counter-terrorism dialogue in June ISLAMABAD: Interior Minister Mohsin Naqvi on Thursday said that terrorism is an international issue and urged the... Published 28 Mar, 2025 08:02am
US drops bounties on top Afghan Taliban officials KABUL: The United States has removed multimillion-dollar bounties on leaders of Afghanistan’s feared Haqqani... Published 28 Mar, 2025 08:00am
Kuwait issues new law for return to int’l debt market DUBAI/CAIRO: Kuwait issued a long-awaited law on Wednesday to regulate public borrowing as the country prepares for ... Published 28 Mar, 2025 07:55am
Europe Sweden to boost defence spending $30bn over a decade STOCKHOLM: Sweden will increase defence spending by about 300 billion kronor ($30 billion) over the next decade, the... Published 28 Mar, 2025 07:54am
Energy More European oil refineries to close, convert in next 10 years, panel says LONDON: European oil refineries will have to adapt to the energy transition or face a heightened risk of closure by... Published 28 Mar, 2025 07:53am
Over a billion pounds of Coke plastic waste to enter waterways: study WASHINGTON: By 2030, Coca-Cola products will account for an estimated 1.33 billion pounds (602,000 metric tons) of... Published 28 Mar, 2025 07:51am
Italian wine exports to US ‘at standstill’ due to tariff fears MILAN: Italian wine and spirits exports to the United States are stalling due to the uncertainty over possible... Published 28 Mar, 2025 07:49am
USA Hyundai to invest $5.8bn in Louisiana steel plant: White House WASHINGTON: South Korean auto giant Hyundai will on Monday unveil a multi-billion-dollar investment in the United... Published 28 Mar, 2025 07:47am
India to scrap digital ad tax, easing US concerns NEW DELHI: India will scrap a tax of 6% on digital advertisements online, the finance minister said on Tuesday,... Published 28 Mar, 2025 07:43am
COP30 president vows to defend global climate fight BERLIN: Brazil’s UN COP30 president on Tuesday said that this year’s summit would aim to defend climate action ... Published 28 Mar, 2025 07:40am
Stocks Australia digs in as top destination for mining listings MELBOURNE: Australia’s bourse is set for a record number of secondary listings this year from mine developers... Published 28 Mar, 2025 07:38am
Asia Japan backs close security ties with India, South Korea in Indo-Pacific NEW DELHI: Japan has said that it backed close security cooperation with South Korea and India in the Indo-Pacific,... Published 28 Mar, 2025 07:36am
NYSE-parent ICE plans to launch battery metals derivatives this year LAUSANNE: Intercontinental Exchange plans to launch derivatives in battery metals nickel, cobalt and lithium... Published 28 Mar, 2025 07:29am
Palestinian behind Oscar-winning documentary arrested by Israeli army OCCUPIED JERUSALEM: The Palestinian co-director of the Oscar-winning documentary “No Other Land” was attacked by... Published 28 Mar, 2025 07:28am
Middle East UNHCR suspends aid to refugees in Egypt over lack of funding CAIRO: The United Nations refugee agency said on Tuesday a lack of funding was forcing it to suspend vital aid to... Published 28 Mar, 2025 07:24am
Europe EU unveils critical material projects to cut China dependence BRUSSELS: The EU on Tuesday unveiled dozens of projects to ramp up extraction of critical raw materials in Europe as... Published 28 Mar, 2025 07:22am
Energy Shell aims to bring gas from Venezuela to Trinidad in 2026 HOUSTON: Shell Plc is aiming to begin producing natural gas at Venezuela’s Dragon gas field and exporting it to... Published 28 Mar, 2025 07:20am
Erdogan exploits West’s blind eye to Turkey crackdown: analysts PARIS: Turkish President Recep Tayyip Erdogan is taking advantage of Europe’s unwillingness to antagonise its NATO... Published 28 Mar, 2025 07:08am
Trump’s World Liberty Financial crypto venture to launch stablecoin LONDON: Donald Trump’s World Liberty Financial crypto venture will launch a dollar-pegged stablecoin, it said in a... Published 28 Mar, 2025 07:04am
Food supplies for only two weeks left in Gaza: UN ROME: The UN’s World Food Programme warned Thursday it had only two weeks’ worth of food left in Gaza, where... Published 28 Mar, 2025 07:00am
Companies PQAMC announces dividend of Re 0.4141 per unit KARACHI: Pak-Qatar Asset Management Company Limited (PQAMC) has announced dividend of PKR 0.4141 per unit for its... Published 28 Mar, 2025 06:59am
Commodities Gold hits new all-time highs KARACHI: Gold prices-locally and globally soared to new record levels on Thursday, as international market surpassed... Published 28 Mar, 2025 06:57am
Letters ‘Politics and economy’ This is apropos a Business Recorder oped “Politics and economy” carried by the newspaper a couple of weeks ago.... Published 28 Mar, 2025 06:52am
US plan to take over Greenland ‘serious’, Putin says MURMANSK (Russia): Russia considers US plans to annex Greenland “serious” and worries the West could use the... Published 28 Mar, 2025 06:52am
Turkey escalates media crackdown over protest coverage ISTANBUL: Turkey on Thursday stepped up a crackdown on media coverage of mass protests since the arrest of... Published 28 Mar, 2025 06:50am
US suspends financial contributions to WTO, trade GENEVA: The United States has paused contributions to the World Trade Organization, three trade sources told ... Published 28 Mar, 2025 06:47am
Punjab CM approves free travel facility for students, senior citizens and special persons LAHORE: Chief Minister Punjab Maryam Nawaz Sharif chaired 24th Provincial Cabinet meeting which approved the longest... Published 28 Mar, 2025 06:45am
Eid holidays: Wasa’s operational staff required to stay focused at work LAHORE: The Water and Sanitation Authority (Wasa) Lahore has cancelled the leave for its operational staff to ensure... Published 28 Mar, 2025 06:44am
Russian envoy delivers humanitarian aid ISLAMABAD: Russian Ambassador to Pakistan Albert Khorev has expressed the resolve of his country to stand by ... Published 28 Mar, 2025 06:38am
Industry FPCCI sounds the alarm: Major decline in workers’ remittances expected KARACHI: Federation of Pakistan Chamber of Commerce and Industries (FPCCI) sounded the alarm, saying there is a fear... Published 28 Mar, 2025 06:36am
Engagement, not estrangement EDITORIAL: Diplomacy is often the art of the possible, but in Pakistan’s case, when it comes to Afghanistan, it is... Published 28 Mar, 2025 06:26am
A tax framework designed to fail EDITORIAL: The country’s fundamentally flawed tax system has long undermined the business environment, slowed... Published 28 Mar, 2025 06:24am
‘Unconstitutional’ windfall tax–I Banks have regular windfall income from dealing in foreign currencies – oxymoronic treatment by SRO. 1588(I)/2023... Published 28 Mar, 2025 06:15am
Revolutionizing the Pakistani automobile industry The automobile sector in Pakistan is witnessing a transformative phase as innovation and technology take center... Published 28 Mar, 2025 06:11am
2.3m bank cards leaked on dark web globally ISLAMABAD: An international cyber security firm disclosed Thursday that around 2.3 million bank cards were leaked on... Updated 28 Mar, 2025 08:48am
Customs values on import of lead acid batteries revised ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of lead acid... Updated 28 Mar, 2025 08:41am
Merger of OSL with and into OIL approved by CCP ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the merger of M/s Olympia... Updated 28 Mar, 2025 10:00am
Govt to unveil National Minerals Harmonisation Framework on April 8 ISLAMABAD: Federal government is set to unveil its National Minerals Harmonisation Framework 2025 at the Pakistan... Updated 28 Mar, 2025 09:58am
PM’s package: KE consumers get over Rs2.2bn relief KARACHI: K-Electric consumers have benefited approximately over Rs. 2.2 billion in terms of financial relief on ... Published 28 Mar, 2025 05:35am
KP advisor sees violation of merit in recent promotions PESHAWAR: Advisor to KP CM on Information and Public Relations, Barrister Dr Muhammad Ali Saif has strongly... Published 28 Mar, 2025 05:35am
KP govt approves Rs33bn SG for various sectors PESHAWAR: The Khyber Pakhtunkhwa Cabinet in its 29th meeting held here under the chairmanship of Chief Minister Ali... Published 28 Mar, 2025 05:35am
Cotton & Textile ‘Less cotton production affects textile sector’ KARRCHI: The Chairman of National Business Group Pakistan, President of the Pakistan Businessmen and Intellectuals... Published 28 Mar, 2025 05:35am
Pakistan, Uzbekistan set to enhance digital partnership ISLAMABAD: Pakistan and Uzbekistan are set to enhance their digital partnership, with discussions focusing on... Published 28 Mar, 2025 05:35am
Industry Policymaking: FPCCI says govt should take it in confidence KARACHI: President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Atif Ikram Sheikh has said... Published 28 Mar, 2025 05:35am
Illegal wildlife trade: Punjab govt intensifies crackdown LAHORE: The Wildlife Department Punjab has intensified efforts to curb the illegal transportation and sale of... Published 28 Mar, 2025 05:35am
SECP introduces streamlined regulatory processes on enhanced eZFile platform ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched a new phase of its digital... Published 28 Mar, 2025 05:35am
UHS Syndicate urges steps over increasing number of sub-standard nursing schools LAHORE: Expressing serious concerns over the increasing number of sub-standard nursing schools, the Syndicate of the... Published 28 Mar, 2025 05:35am
World Theatre Day: Theatre is a mirror of art and culture: CM LAHORE: “Theatre is a mirror of art and culture,” said Chief Minister Punjab Maryam Nawaz Sharif in her message on... Published 28 Mar, 2025 05:35am
Eight killed in several attacks in Balochistan QUETTA: At least eight people have been killed in multiple attacks in southwestern Pakistan, police said Thursday,... Published 28 Mar, 2025 05:35am
FO rebukes US Congress bill ISLAMABAD: The Foreign Office has dismissed a bill introduced in the United States Congress targeting Pakistan,... Published 28 Mar, 2025 05:35am
Jaffar Express resumes operations PESHAWAR: The Jaffar Express, heading from Quetta to Peshawar, which had been taken hostage by the terrorists... Updated 28 Mar, 2025 10:00am
Teachers: federal cabinet restores 25pc income tax rebate ISLAMABAD: Following intervention of the Federal Tax Ombudsman (FTO), the Federal Cabinet has restored 25 percent... Updated 28 Mar, 2025 02:10pm
IHC suspends levy on consumption of natural gas/RLNG by CPPs ISLAMABAD: The Islamabad High Court (IHC) suspended the notification to impose levy under Section 3(1) of the Off... Updated 28 Mar, 2025 02:32pm
Discos’ top 300 defaulters: PAC slams PD for disregarding directives ISLAMABAD: The Public Accounts Committee (PAC) has reportedly accused the Power Division of ignoring its directives... Updated 28 Mar, 2025 02:32pm
Agriculture and Allied No regulatory standards: NSDRA board orders closure of 392 seed cos ISLAMABAD: The National Seed Development and Regulatory Authority (NSDRA) board of governors has ordered the closure... Published 28 Mar, 2025 05:35am
Nepra to hear Kapco’s tariff revision plea next month ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is scheduled to hear the revised tariff petition... Updated 28 Mar, 2025 02:31pm
SLA welcomed: PM hopes there will be no more loans ISLAMABAD: Following the recent staff-level agreement with the International Monetary Fund (IMF), Prime Minister... Updated 28 Mar, 2025 02:31pm
IMF allows govt to cut power tariff Relief to be financed through revenue collected from levy imposed on captive power plants Updated 28 Mar, 2025 01:53pm
Energy Trading house bosses see long route back for Russian energy LAUSANNE: Any lifting of sanctions on Russian energy is likely to be slow and patchy, meaning a return of its oil ... Published 28 Mar, 2025 05:35am
Tesla to launch in Saudi Arabia as Musk and the kingdom mend relations RIYADH: Tesla will start sales in Saudi Arabia next month, the electric carmaker said on its website, signalling CEO... Published 28 Mar, 2025 05:35am
Companies Imperial Brands pledges annual profit growth, share buyback until 2030 LONDON: Imperial Brands will grow annual operating profits by 3-5% and launch a share buyback every year until 2030,... Published 28 Mar, 2025 05:35am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (March 27, 2025). ==================================== BR... Published 28 Mar, 2025 05:35am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (March 27, 2025). ======================================= Offset... Published 28 Mar, 2025 05:35am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (March 27, 2025)... Published 28 Mar, 2025 05:35am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 27, 2025).... Published 28 Mar, 2025 05:35am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (March 27, 2025).... Published 28 Mar, 2025 05:35am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (March 27, 2025). ======================== Open Bid ... Published 28 Mar, 2025 05:35am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 28 Mar, 2025 05:35am
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 28 Mar, 2025 05:35am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 28 Mar, 2025 05:35am
The Weather KARACHI: The weather report on Thursday (March 27, 2025) and the forecast for Friday (March 28, 2025)... Published 28 Mar, 2025 05:35am
Money & Banking BOJ’s Ueda vows to raise rates if inflationary pressures broaden TOKYO: The Bank of Japan must raise interest rates if persistent increases in food costs lead to broad-based... Published 28 Mar, 2025 05:35am
UN decries hike in satellite navigation system interference GENEVA: The United Nations on Tuesday urged countries to boost protections amid a marked increase in efforts to... Published 28 Mar, 2025 05:35am
Money & Banking India swap market prices in aggressive rate cuts by central bank in FY26 MUMBAI: With inflation close to the Reserve Bank of India’s target and growth weak, the country’s overnight... Published 28 Mar, 2025 05:35am
Commodities Gold climbs back toward record high NEW YORK: Gold prices climbed back towards last week’s record high on Thursday after US President Donald Trump... Published 28 Mar, 2025 05:35am
Energy Oil approaches one-month highs NEW YORK: Oil prices edged higher on Thursday and hovered near one-month highs on concerns about global supply, but... Published 28 Mar, 2025 05:35am
Cotton & Textile Subdued business on cotton market LAHORE: The local cotton market maintained a downward trend on Thursday as trading volumes stayed subdued. Speaking... Published 28 Mar, 2025 05:35am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (March 26, 2025)... Published 28 Mar, 2025 05:35am
Rates Activities of Karachi Port Trust, Port Qasim KARACHI: The Karachi Port Trust handled 150,232 tonnes of cargo comprising 108,075 tonnes of import cargo and 42,157... Published 28 Mar, 2025 05:35am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 37.827... Published 28 Mar, 2025 05:35am
Commodities Dalian iron ore hits 1-1/2 week high on seasonal steel demand SINGAPORE: Iron ore futures prices strengthened on Thursday, buoyed by seasonal steel demand in top consumer China,... Published 28 Mar, 2025 05:35am
Commodities Copper slips on Trump auto tariffs, uncertainty LONDON: Copper prices eased on Thursday after US President Donald Trump announced 25% tariffs on auto imports, which... Published 28 Mar, 2025 05:35am
Commodities Asia coffee: Farmers hold off selling in Vietnam, tight supplies in Indonesia HANOI: Supply of robusta beans tightened in Vietnam and Indonesia, with Vietnamese farmers refraining from selling... Published 28 Mar, 2025 05:35am
Commodities Japanese rubber futures snap four-session rally on US auto tariffs SINGAPORE: Japanese rubber futures snapped a four-session rally on Thursday as fresh US automobile tariffs dampened... Published 28 Mar, 2025 05:35am
Commodities Asia rice: Weak demand, high supplies push Indian prices to lowest since June 2023 BENGALURU/MUMBAI/ BANGKOK/HANOI AND BANGLADESH: Indian rice prices fell this week to their lowest level since June... Published 28 Mar, 2025 05:35am
Commodities Malaysian palm oil higher JAKARTA: Malaysian palm oil futures rose for the second straight session on Thursday, tracking strength in the ... Published 28 Mar, 2025 05:35am
Commodities CBOT corn, soybeans firm SINGAPORE: Chicago corn ticked higher on Thursday, rising for the first time in three sessions, although the market... Published 28 Mar, 2025 05:35am
Stocks PSX witnesses uptick KARACHI: The Pakistan Stock Exchange (PSX) experienced a volatile session on Thursday but managed to close on a... Published 28 Mar, 2025 05:35am
Stocks Japan’s Topix reverses course to end higher TOKYO: Japan’s Topix index recouped its losses to close higher on Thursday, despite sharp declines in automakers,... Published 28 Mar, 2025 05:35am
Stocks China, HK stocks shrug off new US tariff threat HONG KONG: China and Hong Kong stocks rose on Thursday with tech and auto shares leading gains, shrugging off ... Published 28 Mar, 2025 05:35am
Money & Banking Asian currencies: Indonesian rupiah regains footing BENGALURU: South Korean equities slipped on Thursday as US President Donald Trump’s new auto tariffs weighed on... Published 28 Mar, 2025 05:35am
Money & Banking Euro rebounds NEW YORK: The dollar was mixed on Thursday as traders mulled how severe tariffs scheduled to be revealed by US... Published 28 Mar, 2025 05:35am
Stocks European shares end lower as Trump’s auto tariff dents sentiment FRANKFURT: European shares ended at their lowest in nearly two weeks on Thursday, dragged by auto stocks after US... Published 28 Mar, 2025 05:35am
Money & Banking China’s yuan firmer SHANGHAI: The yuan firmed against the dollar on Thursday, as the People’s Bank of China tightened its grip on the... Published 28 Mar, 2025 05:35am
Stocks Wall St struggles for direction as Trump’s auto tariffs sap sentiment NEW YORK: Wall Street seesawed between marginal gains and losses on Thursday, as investors grappled with President... Published 28 Mar, 2025 05:35am
Getting out of the economic boom-bust cycle Since independence, Pakistan has largely remained a consumption-oriented economy, and together with this, growth... Updated 28 Mar, 2025 05:07pm
Deep sea mining impacts visible for ‘many decades’ PARIS: Scientists said they have seen the first signs of life returning to deep sea mining tracks carved into the... Published 28 Mar, 2025 05:35am
Airlines cast doubt on EU sustainable fuel targets BRUSSELS: Major European airlines on Thursday urged the European Union to reconsider green targets for the sector... Published 28 Mar, 2025 05:35am
Beijing’s ties with Russia main threats to US: intel report WASHINGTON: China remains the main threat to the United States globally but of increasing concern is its closer... Published 28 Mar, 2025 05:35am
