Technology Meta plans to invest $60bn or more in AI this year SAN FRANCISCO: Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60... Published 25 Jan, 2025 01:32am
World US arms exports hit record in 2024 on Ukraine-related demand U.S. military equipment sales to foreign governments in 2024 surged 29% to a record $318.7 billion, the State... Published 25 Jan, 2025 01:19am
World Israeli drone strike kills two in major ongoing West Bank operation RAMALLAH: An Israeli drone strike on a vehicle near the West Bank town of Qabatiya killed two people, the... Published 25 Jan, 2025 01:13am
World US military aircraft deport migrants, as Pentagon readies more troops for border WASHINGTON: U.S. military C-17 aircraft began flying out migrants on orders from President Donald Trump on Friday,... Published 24 Jan, 2025 11:06pm
World Putin says he and Trump should meet to discuss Ukraine, energy prices US President Donald Trump has also said that he wants to meet Russian President and that he seeks an early end to Russia-Ukraine conflict Published 24 Jan, 2025 10:27pm
World Fed to hold rates steady at an unsteady moment WASHINGTON: US Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the... Published 24 Jan, 2025 09:45pm
Sports Pakistan’s Saim, Shaheen, Haris among ICC Men’s ODI Team of Year for 2024 Three Pakistan cricket stars Saim Ayub, Shaheen Shah Afridi, and Haris Rauf were named in the International Cricket... Published 24 Jan, 2025 09:29pm
Markets S&P 500, Nasdaq flat as investors assess economic data; Boeing slips The benchmark S&P 500 and the Nasdaq struggled for direction on Friday, as investors avoided big bets and... Published 24 Jan, 2025 09:13pm
World Hamas names four Israeli female soldiers to be released in hostage deal Hamas on Friday announced the names of four Israeli women soldiers to be released in exchange for Palestinian... Published 24 Jan, 2025 09:05pm
Pakistan MNA Junaid Akbar unanimously elected PAC chairman Member of National Assembly (MNA) Junaid Akbar was elected unopposed as chairman of the Public Accounts Committee... Updated 24 Jan, 2025 10:08pm
World ‘Canada is not for sale’ hat goes viral after Trump threats Donald Trump’s verbal threats towards Canada are paying off for one entrepreneur, after the new U.S. president’s... Published 24 Jan, 2025 07:41pm
World Russia says it sees no signs that Ukraine and the West are ready for peace talks despite all statements MOSCOW: Russian Foreign Minister Sergei Lavrov said in remarks published on Friday that he saw no objective signs... Published 24 Jan, 2025 07:23pm
Markets Pakistan, World Bank agree to expedite implementation of Dasu Hydropower Project Power minister seeks funds, investment for installation of smart metres at distribution level transformers Updated 24 Jan, 2025 10:25pm
Markets Global LNG: Asian spot LNG little changed on ample stocks, mild weather KUALA LUMPUR: Asian spot liquefied natural gas (LNG) prices were little changed this week, as ample inventories and... Published 24 Jan, 2025 06:25pm
Markets Oil boosts Abu Dhabi, Dubai falls Abu Dhabi index closed higher on Friday, in line with oil prices after U.S. President Donald Trump issued a sweeping... Published 24 Jan, 2025 05:44pm
Markets India’s FX reserves hit near 11-month low as rupee slide continues to weigh BENGALURU: India’s foreign exchange reserves fell to a near 11-month low of $623.98 billion as of Jan. 17, extending... Published 24 Jan, 2025 05:40pm
Pakistan Pakistani journalism body criticises new law regulating social media ISLAMABAD: A new law in Pakistan aimed at regulating social media content has angered journalism groups and rights... Updated 24 Jan, 2025 09:05pm
Markets Sri Lanka shares end lower as IT, healthcare drag CSE All-Share index settled down 0.64% at 16,917.86 Published 24 Jan, 2025 05:31pm
Sports Pakistan stick with spin as they chase West Indies series sweep MULTAN: Head coach Aaqib Javed brushed aside criticism of Pakistan’s reliance on spin bowling as they seek a clean... Published 24 Jan, 2025 05:20pm
World Bangladesh says it won’t bail out factories linked to Hasina DHAKA: Bangladesh’s interim government has said it will not bail out garment factories linked to a senior ally of... Published 24 Jan, 2025 05:15pm
World Indian munitions factory blast kills at least eight workers MUMBAI: At least eight workers were killed in a blast at a munitions factory in western India, government officials... Updated 24 Jan, 2025 06:07pm
World Saudi FM in Syria for first visit since Assad’s ouster DAMASCUS: Saudi Arabia’s top diplomat landed in Syria on Friday, an AFP correspondent reported, in his first visit... Published 24 Jan, 2025 05:05pm
World Taliban reject ICC arrest warrant as ‘politically motivated’ KABUL: Afghanistan’s Taliban government said on Friday an arrest warrant sought by the International Criminal Court... Published 24 Jan, 2025 05:00pm
Pakistan PM Shehbaz forms Special Task Force to combat human trafficking Premier himself to lead Task Force Development comes week after at least 44 Pakistanis lost lives in deadly boat wreck involving people trying to cross to Spain Updated 24 Jan, 2025 10:18pm
Life & Style At WEF, Sharmeen Obaid-Chinoy stresses on inspiring social change through storytelling Journalist and filmmaker Sharmeen Obaid-Chinoy said she believes in creating social change as she discussed her... Published 24 Jan, 2025 04:53pm
World Trump orders release of last JFK, RFK, King assassination files WASHINGTON: US President Donald Trump ordered the declassification Thursday of the last secret files on the... Published 24 Jan, 2025 04:48pm
World US arrests, deports hundreds of ‘illegal immigrants’: Trump press chief WASHINGTON: US authorities arrested 538 migrants and deported hundreds in a mass operation just days into President... Published 24 Jan, 2025 04:41pm
World More Gaza funding needed to hit ceasefire targets, UN official says GENEVA: Funding shortages may affect the UN’s ability to maintain aid flows at target levels throughout the Gaza... Published 24 Jan, 2025 04:35pm
Markets Earnings worries yank Indian shares to third week of losses Indian shares fell on Friday and logged losses for the third straight week on rising concerns over slowing corporate... Published 24 Jan, 2025 04:25pm
Markets Copper hits 10-week peak on hopes for Trump deal with China LONDON: Copper prices jumped to their highest in more than two months on Friday as investors became more optimistic... Published 24 Jan, 2025 04:23pm
Markets Palm oil notches marginal weekly gains on Malaysian production decline JAKARTA: Malaysian palm oil futures reversed losses on Friday to end higher, and booked a marginal weekly gains... Published 24 Jan, 2025 04:19pm
Markets Gold hits fresh record high of Rs289,600 per tola in Pakistan After declining in the previous session, gold prices in Pakistan gained on Friday in line with their increase in... Updated 24 Jan, 2025 10:11pm
Life & Style Netflix musical ‘Emilia Perez’ piles up 13 Oscar nominations LOS ANGELES: The Netflix movie musical ‘Emilia Perez’ led the Academy Award nominations on Thursday, giving the... Published 24 Jan, 2025 03:16pm
Life & Style Paris’ Louvre museum, in dire state, cries for help PARIS: The Louvre, the world’s most-visited museum and home to Leonardo da Vinci’s Mona Lisa, has requested urgent... Published 24 Jan, 2025 02:41pm
Pakistan SBP likely to deliver sixth straight rate cut to revive economy MPC scheduled to meet on January 27 (Monday) Updated 24 Jan, 2025 09:39pm
Pakistan NA speaker summons govt-opposition meeting on Jan 28 National Assembly Speaker Ayaz Sadiq summoned on Friday the fourth meeting between the government and the opposition... Updated 24 Jan, 2025 10:09pm
Business & Finance Askari Bank appoints Zia Ijaz as President & CEO The Board of Directors (BoD) of Askari Bank Limited has appointed Zia Ijaz as President and Chief Executive Officer... Updated 24 Jan, 2025 04:16pm
Business & Finance Revenue Division seeks exemption from vacant post abolition requirement The Revenue Division has proposed a one-time dispensation from the policy requiring the abolition of 60% of vacant... Updated 24 Jan, 2025 10:10pm
Sports Belgium take on Frenchman Garcia as national coach BRUSSELS: Belgium has hired Frenchman Rudi Garcia as the coach of the men’s national soccer team, a week after... Published 24 Jan, 2025 01:36pm
Business & Finance Commerzbank says no talks with UniCredit until specific offer made BERLIN: Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it... Published 24 Jan, 2025 01:34pm
Markets Luxury stocks, Trump’s Davos comments lift European shares to record high European shares hit a record high on Friday, boosted by personal goods stocks, with investors also welcoming US... Published 24 Jan, 2025 01:31pm
Life & Style Witherspoon and Ferrell spar in wedding comedy ‘You’re Cordially Invited’ LONDON: Hollywood star Reese Witherspoon says teaming up with actor Will Ferrell for the romantic comedy “You’re... Published 24 Jan, 2025 12:22pm
World Gazans ready tent camps for families returning to north after ceasefire CAIRO/CAIRO: Palestinians in northern Gaza prepared tent encampments for displaced families on Thursday, two days... Published 24 Jan, 2025 12:19pm
Markets Pakistan’s Colony Textile to close weaving division amid multiple challenges In a setback for Pakistan’s textile sector, Colony Textile Mills Limited (CTM), a local yarn manufacturer, has... Updated 24 Jan, 2025 10:09pm
Markets Mitsubishi Motors considering not joining planned Nissan-Honda merger, sources say TOKYO: Japan’s Mitsubishi Motors , a junior partner of Nissan Motor, is considering not joining a planned merger... Published 24 Jan, 2025 12:09pm
Markets Dalian iron ore heads for small weekly gain on falling China stockpiles SINGAPORE: Dalian iron ore futures edged higher on Friday and were set for a small weekly gain, aided by falling... Published 24 Jan, 2025 12:02pm
Markets Yuan surges to 1-1/2 month high after Trump’s China comments, set for best week since July SHANGHAI: China’s yuan surged to a 1-1/2-month high against the dollar on Friday and looked set for the best weekly... Published 24 Jan, 2025 12:00pm
Sports Olivia Gadecki and Peers win Australian Open mixed doubles title MELBOURNE: Australians Olivia Gadecki and John Peers battled back from a set down to defeat compatriots Kimberly... Published 24 Jan, 2025 11:58am
Markets China’s 2024 gold consumption slumps 9.58% y/y as high prices cut demand BEIJING: China’s gold consumption in 2024 slumped 9.58% on the year to 985.31 metric tons, data from the China Gold... Published 24 Jan, 2025 11:54am
Markets China, HK stocks rise after Trump says conversation with Xi ‘friendly’ SHANGHAI: China and Hong Kong stocks rose on Friday, buoyed by US President Donald Trump’s comments that his recent... Published 24 Jan, 2025 11:51am
World Russia downs 121 Ukrainian drones overnight, Russian defence ministry says MOSCOW: Russia’s defence ministry said on Friday air defence systems intercepted and destroyed 121 drones launched... Published 24 Jan, 2025 11:47am
Markets Palm falls as weakness in rival oils JAKARTA: Malaysian palm oil futures fell for a third consecutive session on Friday and looked set to post a second... Published 24 Jan, 2025 11:44am
Business & Finance LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 yrs SEOUL: South Korean battery firm LG Energy Solution (LGES) said it expected electric vehicle demand growth to slow... Published 24 Jan, 2025 11:42am
World Top Russian security official says risk of armed clash between nuclear powers is growing, TASS reports MOSCOW: Sergei Shoigu, the secretary of Russia’s Security Council and a former defence minister, has warned that the... Published 24 Jan, 2025 11:36am
Technology Ericsson’s Q4 core profit rises STOCKHOLM: Swedish telecom equipment maker Ericsson reported on Friday a rise in fourth-quarter adjusted operating... Published 24 Jan, 2025 11:34am
Markets Japan buyers agree to pay Q1 aluminium premium of $228/T, sources say TOKYO: The premium for aluminium shipments to Japanese buyers for January to March was set at $228 a metric ton, up... Published 24 Jan, 2025 11:31am
World India’s Adani Green appoints independent law firms to review US indictment India’s Adani Green said it has appointed independent law firms to review the US indictment of founder Gautam Adani... Published 24 Jan, 2025 11:30am
Business & Finance Kia posts operating profit of 12.7 trln won in 2024 SEOUL: South Korean automaker Kia Corp (000270.KS), opens new tab on Friday posted an operating profit of 12.67... Published 24 Jan, 2025 11:25am
Life & Style Charli XCX leads BRIT Awards nominations, Beatles’ last song recognised LONDON: Singer Charli XCX, whose album “Brat” inspired a cultural phenomenon last summer, led nominations for the... Published 24 Jan, 2025 11:22am
Life & Style Brazilians jubilant at ‘I’m Still Here’ historic Oscar nomination for best picture SAO PAULO: As the long-awaited Oscar nominations were released on Thursday, Brazilians flooded social media cheering... Published 24 Jan, 2025 11:18am
Sports Solanke out for around six weeks in yet another injury setback for Spurs Tottenham Hotspur striker Dominic Solanke has avoided surgery but will miss around six weeks of action due to a knee... Published 24 Jan, 2025 11:14am
Sports Australian Open 2025: Djokovic retires injured to put Zverev in final MELBOURNE: Novak Djokovic retired injured after losing the first set 7-6(5) against Alex Zverev on Friday to put the... Published 24 Jan, 2025 11:10am
Markets Soy, corn and wheat drop as Argentina cuts export taxes; set for weekly gains BEIJING: Chicago soybeans, corn and wheat fell on Friday as Argentina cut taxes on grain exports, but the contracts... Published 24 Jan, 2025 11:04am
Markets Japan’s short-end JGB yields rise ahead of BOJ policy decision TOKYO: Yields on shorter ended Japanese government bonds (JGBs) rose on Friday as the market awaited the Bank of... Published 24 Jan, 2025 10:59am
Markets Japan’s Nikkei tracks Wall Street higher as BOJ decision looms TOKYO: Japan’s Nikkei share average rose in early trading on Friday, buoyed by a record close for US stocks... Published 24 Jan, 2025 10:50am
Markets Rivian says other automakers ‘knocking on door’ about tech from VW joint venture PALO ALTO: A joint venture between US electric pickup and SUV maker Rivian and Volkswagen is in talks with other... Published 24 Jan, 2025 10:49am
Markets KSE-100 closes 843 points higher as late-session selling trims half of intra-day gains The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed last session of the week higher by 843 points,... Updated 24 Jan, 2025 10:11pm
Markets Australia, NZ dollars hit 5-week highs as Trump softens tone on China SYDNEY: The Australian and New Zealand dollars blipped higher on Friday after President Donald Trump said he could... Published 24 Jan, 2025 10:42am
Markets Australian shares eye best week in a month as banks, real estate gain Australian shares rose on Friday, eyeing its best week in a month, as financial and real estate stocks lifted the... Published 24 Jan, 2025 10:40am
Markets India bond yields may inch higher before debt supply MUMBAI: Indian government bond yields are expected to trend marginally higher in early deals on Friday, as market... Published 24 Jan, 2025 10:38am
Markets Indian rupee rises; volatility expectations drop on dwindling worries over US tariffs MUMBAI: The Indian rupee rose on Friday, tracking a Chinese yuan-driven rally in Asian peers, after US President... Published 24 Jan, 2025 10:36am
Technology BYD plans to sell plug-in hybrids in Japan TOKYO: China’s BYD could start selling its first plug-in hybrid vehicle in Japan this year, the company said on... Published 24 Jan, 2025 10:34am
Markets Rupee remains stable against US dollar Currency settles at 278.75 against the greenback in inter-bank market Updated 24 Jan, 2025 10:15pm
Business & Finance TPL Corp, Abhi acquire FINCA Microfinance Bank TPL Corp Limited (TPL), a Pakistani financial platform, and Abhi (Private) Limited (Abhi) have successfully acquired... Updated 24 Jan, 2025 04:08pm
World Trump says he will reach out to North Korea’s Kim Jong Un WASHINGTON: U.S. President Donald Trump said in an interview broadcast on Thursday that he plans to seek to engage... Published 24 Jan, 2025 09:02am
Markets Gold jumps to near all time-high, set for weekly gain Gold prices soared to near three-month highs on Friday and were on track for a fourth straight weekly gain as... Published 24 Jan, 2025 08:59am
Markets Indian shares set to open higher after Trump roots for lower U.S. rates Indian shares are set to open higher on Friday, tracking other Asian peers, after U.S. President Donald Trump said... Published 24 Jan, 2025 08:54am
Business & Finance BOJ raises short-term interest rates to 0.5% in widely expected move TOKYO: The Bank of Japan raised interest rates on Friday in a widely expected move, reflecting its growing optimism... Published 24 Jan, 2025 08:50am
World US judge temporarily blocks Trump’s order restricting birthright citizenship SEATTLE: A federal judge blocked Donald Trump’s administration on Thursday from implementing the Republican... Published 24 Jan, 2025 08:48am
World Firefighters halt advance of latest Los Angeles wildfire Firefighters stopped the expansion of a new wildfire north of Los Angeles on Thursday after it spread rapidly, as... Published 24 Jan, 2025 08:43am
Markets Boeing warns of bigger-than-expected $4 billion quarterly loss; shares drop SEATTLE: Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred... Published 24 Jan, 2025 08:38am
Markets Wall Street regulator revokes accounting guidance on crypto assets The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the... Published 24 Jan, 2025 08:34am
Technology Stargate artificial intelligence project to exclusively serve OpenAI, FT reports Stargate, the joint venture by OpenAI, and Oracle to develop data centers for artificial intelligence in the U.S.,... Published 24 Jan, 2025 08:31am
Technology Tesla launches new Model Y in US, Canada, Europe weeks after China Elon Musk’s Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States,... Published 24 Jan, 2025 08:28am
Business & Finance Japan’s core inflation hits 16-month high, markets brace for BOJ hike TOKYO: Japan’s core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months,... Published 24 Jan, 2025 08:26am
Business & Finance Rolls-Royce wins $11 billion UK nuclear submarine contract LONDON: Britain said on Friday it had awarded Rolls-Royce a 9 billion pound ($11 billion) contract to design, make... Published 24 Jan, 2025 08:23am
Markets LNG exporter Venture Global raises $1.75 bln in US IPO Liquefied natural gas exporter Venture Global said on Thursday it had raised $1.75 billion, marking the first big... Published 24 Jan, 2025 08:20am
Markets Yen rises after BOJ hike; yuan, Antipodean peers get Trump boost SINGAPORE: The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts,... Updated 24 Jan, 2025 10:45am
Business & Finance Global labour, environmental standards: ‘Compliance a must for economic potential, maintaining GSP+’ ISLAMABAD: Ensuring compliance with international labour and environmental standards is not only a matter of... Published 24 Jan, 2025 08:14am
Pakistan Bilawal assails federal govt for making ‘unilateral decisions’ ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari, Thursday, strongly criticised the... Published 24 Jan, 2025 08:11am
Markets Oil prices flat, set for weekly drop as Trump touts energy policy HOUSTON: Oil prices were flat on Friday but were on track to fall on the week after U.S. President Donald Trump... Updated 24 Jan, 2025 10:47pm
Business & Finance Senate panel requests Aurangzeb to halt FBR’s car ‘venture’ ISLAMABAD: Senator Saleem Mandviwalla, Chairman Standing Committee on Finance & Revenue, has requested the... Published 24 Jan, 2025 08:08am
Pakistan Prisons housing 102,026 inmates against capacity of 65,811 ISLAMABAD: The overcrowded prisons in the country are housing 102,026 prisoners in 116 jails and prisons having an... Published 24 Jan, 2025 08:06am
Markets Asia shares buoyed by Trump’s China comments, yen awaits BOJ SINGAPORE: Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade... Published 24 Jan, 2025 08:06am
BR Research HVA Textile exports: jubilation, but risk looming A good year has come to an end for textile exports. The calendar year 2024 marked the highest ever (or near high)... Published 24 Jan, 2025 08:06am
Pakistan Contempt notice against SC additional registrar: hearing held ISLAMABAD: The Attorney General for Pakistan (AGP) told a two-judge bench that in contempt jurisdiction it cannot... Published 24 Jan, 2025 08:04am
Pakistan Forces kill six terrorists at Afghan border: ISPR RAWALPINDI: Security forces thwarted an infiltration attempt at the Pak-Afghan border, killing six terrorists, the... Published 24 Jan, 2025 08:01am
BR Research Leather Up Limited Leather Up Limited (PSX: LEUL) was incorporated as a private limited company in 1990 and was converted into a public... Published 24 Jan, 2025 07:59am
Pakistan Tarar terms Bill significant move towards ensuring protection of journalists ISLAMABAD: Federal Minister for Information, Attaullah Tarar, on Thursday, termed the PECA Amendment Bill a... Published 24 Jan, 2025 07:57am
Pakistan Asif, Bilawal appointed members of Selection Board ISLAMABAD: Defence Minister Khawaja Asif and Pakistan Peoples Party Chairman Bilawal Bhutto-Zardari have been... Published 24 Jan, 2025 07:56am