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Gulf bourses slip as Houthi-Saudi clashes rattle investors

October 25, 2026 9:34

Most Gulf bourses fell in early trade on Sunday, with investors unsettled by intensifying clashes between Yemen’s Houthis and the Saudi-led coalition. Saudi Arabia’s benchmark index declined 1.1%, weighed down by a 1.2% fall for oil behemoth Saudi Aramco. In Qatar, the index eased 0.3%, with Qatar National Bank— the Gulf’s biggest lender — losing 1.1%. [...]

China urges US to halt proposed expansion of outbound investment curbs

October 24, 2026 5:18

BEIJING: The Chinese commerce ministry urged the United States on Saturday to stop expanding restrictions on American investments in China, saying a proposed rule on sensitive technologies would disrupt trade ties. The US Treasury Department issued proposals on Thursday to update its outbound-investment security programme, adding biotechnology to restricted sectors and expanding coverage of high-performance computing and hypersonic systems. Beijing’s commerce ministry said in a statement that the proposal “discriminatorily” widened China-related investment restrictions and intensified curbs. It firmly opposed the US proposal and reserved the right to take unspecified countermeasures, it added. Beijing also said the proposal would damage bilateral economic ties and ran counter to the consensus reached by the countries’ presidents, who have met twice in the past six months. The US Treasury has said the measures, which do not only cover China, are intended to stop US capital from supporting foreign adversaries’ development of dual-use strategic technologies that could threaten US national security. The US programme had already restricted certain US investments involving China in semiconductors, quantum technologies and artificial intelligence. [...]

Geely enters Pakistan through Bestway Group, unveils three NEVs

October 24, 2026 1:39

Bestway Group has launched Chinese auto giant Geely Auto in Pakistan, unveiling three new energy models - the compact electric hatchback Geely EX2, electric SUV Geely EX5, and plug-in hybrid SUV Geely Starray EM-i. Speaking at the launch, Irfan Muhammad Shaikh, Managing Director of Bestway Group, said Bestway Automotive is the sole authorised distributor of Geely in Pakistan. The launch marks Bestway’s entry into the automotive sector as a strategic extension of its long-term investment portfolio in the country, a statement said. New Energy Vehicles (NEVs) are alternative-fuel vehicles that rely primarily or completely on electric power instead of traditional internal combustion engines. As per the details, the company will initially launch with imported units while preparing its 24.71-acre Port Qasim facility in Karachi for Completely Knocked Down (CKD) assembly. The plant has over 403,000 sq ft covered space and existing capacity to assemble up to 25,000 vehicles annually. Bestway aims to have locally assembled Geely vehicles on the road by next year. On ownership, Bestway announced plans for a nationwide dealership network, proposed warranty of up to six years/150,000km for the vehicle and eight years for battery and motor, online booking, financing through UBL, and a nationwide EV charging network through Bestway Renewable Technologies. Bestway Cement currently operates 115 MW of captive solar capacity. Pricing, booking dates and final specifications would be announced through official channels, the statement said. Car sales in Pakistan rose 43% year-on-year in the first quarter of FY2026-27, with analysts attributing the hike to an improving macroeconomic environment that boosted vehicle demand. Bestway was founded in London in 1976 as a retail business. It now employs over 63,000 people across wholesale, cement, banking, renewable energy and other sectors, with annual revenue of $7.9 billion. In Pakistan, it owns Bestway Cement and holds stake in United Bank Limited (UBL). Geely Holding Group, founded in 1986, sold approximately 4.12 million vehicles globally in 2025, of which 2.29 million (56%) were NEVs. Its portfolio includes Volvo Cars, Polestar, Lotus, Zeekr and Lynk & Co. The group targets 6.5 million global sales by 2030, according to the statement. [...]

Gold prices in Pakistan fall for fifth consecutive day

October 24, 2026 9:59

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs422,036 after a decline of Rs2,500 during the day. Similarly, 10-gram gold was sold at Rs361,827 after it fell by Rs2,144, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Friday, gold price per tola reached Rs424,536 after a decline of Rs7,000 during the day. The international rate of gold declined by $25 to reach $3,995 per ounce. Meanwhile, the price of silver also decreased by Rs7 to reach Rs5,858 per tola. [...]

Gold price per tola falls Rs7,000 in Pakistan

October 23, 2026 3:43

Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs424,536 after a decline of Rs7,000 during the day. Similarly, 10-gram gold was sold at Rs363,971 after it fell by Rs6,001, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs431,536 after a decline of Rs3,000 during the day. The international rate of gold declined by $70 to reach $4,020 per ounce. Meanwhile, the price of silver also decreased by Rs221 to reach Rs5,865 per tola. [...]

Pakistan rupee registers gain against US dollar

October 23, 2026 3:33

PKR vs USD Exchange Rate Chart @import url('https://fonts.googleapis.com/css2?family=Plus+Jakarta+Sans:wght@400;500;600;700&display=swap'); #pkr-chart-embed { font-family: 'Plus Jakarta Sans', -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, sans-serif; max-width: 1000px; width: 100%; margin: 24px auto; background-color: #ffffff; border: 1px solid #e2e8f0; border-radius: 20px; padding: 24px; box-shadow: 0 10px 25px -5px rgba(15, 23, 42, 0.05), 0 8px 10px -6px rgba(15, 23, 42, 0.05); color: #0f172a; box-sizing: border-box; } #pkr-chart-embed * { box-sizing: border-box; margin: 0; padding: 0; } #pkr-chart-embed .chart-header { display: flex; flex-direction: column; gap: 20px; margin-bottom: 20px; width: 100%; } #pkr-chart-embed .top-row { display: flex; flex-direction: row; justify-content: space-between; align-items: flex-start; gap: 20px; } #pkr-chart-embed .calculator-area { display: flex; flex-direction: column; gap: 8px; align-items: flex-start; } #pkr-chart-embed .main-title { font-size: 22px; font-weight: 700; color: #0f172a; letter-spacing: -0.025em; display: flex; flex-wrap: wrap; align-items: center; gap: 10px; } #pkr-chart-embed .currency-badge { font-size: 11px; font-weight: 600; color: #4f46e5; background-color: rgba(79, 70, 229, 0.08); padding: 3px 10px; border-radius: 9999px; border: 1px solid rgba(79, 70, 229, 0.15); text-transform: uppercase; } #pkr-chart-embed .calculator-title { font-size: 10px; font-weight: 700; color: #64748b; text-transform: uppercase; letter-spacing: 0.05em; } #pkr-chart-embed .converter { display: flex; align-items: center; background: #f8fafc; border: 1px solid #e2e8f0; border-radius: 12px; padding: 4px; gap: 6px; } #pkr-chart-embed .converter-group { display: flex; align-items: center; background: #ffffff; border-radius: 8px; padding: 6px 10px; box-shadow: 0 1px 2px rgba(15, 23, 42, 0.05); border: 1px solid #e2e8f0; } #pkr-chart-embed .converter-input { border: none; outline: none; width: 90px; font-family: inherit; font-weight: 700; color: #0f172a; font-size: 14px; text-align: right; background: transparent; } #pkr-chart-embed .converter-input.pkr-field { width: 120px; } #pkr-chart-embed .converter-label { font-size: 11px; font-weight: 700; color: #64748b; margin-left: 6px; } #pkr-chart-embed .equals-sign { color: #94a3b8; font-weight: 600; font-size: 16px; } #pkr-chart-embed .rate-badge-container { display: flex; flex-direction: column; align-items: flex-end; gap: 6px; } #pkr-chart-embed .rate-label-sub { text-align: right; } #pkr-chart-embed .rate-label-sub span:first-child { display: block; font-size: 9px; text-transform: uppercase; font-weight: 700; color: #64748b; } #pkr-chart-embed .rate-label-sub span:last-child { display: block; font-size: 12px; color: #334155; font-weight: 600; } #pkr-chart-embed .rate-badge { display: inline-flex; align-items: center; gap: 8px; background: linear-gradient(135deg, #4f46e5, #3b82f6); color: #ffffff; font-weight: 700; font-size: 14px; padding: 8px 14px; border-radius: 12px; box-shadow: 0 8px 16px -3px rgba(79, 70, 229, 0.25); } #pkr-chart-embed .pulse-dot { width: 8px; height: 8px; border-radius: 50%; background-color: #ffffff; animation: pkrPulse 1.5s infinite; } @keyframes pkrPulse { 0% { transform: scale(0.95); opacity: 0.6; } 50% { transform: scale(1.15); opacity: 1; } 100% { transform: scale(0.95); opacity: 0.6; } } #pkr-chart-embed .toolbar { display: flex; justify-content: space-between; align-items: center; flex-wrap: wrap; gap: 12px; margin-bottom: 16px; padding-bottom: 12px; border-bottom: 1px solid #f1f5f9; } #pkr-chart-embed .timeframe-selector { display: flex; gap: 4px; background: #f1f5f9; padding: 3px; border-radius: 10px; } #pkr-chart-embed .tf-btn { border: none; background: transparent; font-family: inherit; font-size: 12px; font-weight: 600; color: #64748b; padding: 5px 12px; border-radius: 7px; cursor: pointer; transition: all 0.2s ease; } #pkr-chart-embed .tf-btn.active { background: #ffffff; color: #4f46e5; box-shadow: 0 1px 3px rgba(0,0,0,0.1); } #pkr-chart-embed .stats-row { display: flex; gap: 16px; flex-wrap: wrap; } #pkr-chart-embed .stat-item { font-size: 12px; color: #64748b; } #pkr-chart-embed .stat-item strong { color: #0f172a; font-weight: 700; } #pkr-chart-embed .chart-canvas-container { position: relative; width: 100%; height: 380px; } @media (max-width: 768px) { #pkr-chart-embed .chart-canvas-container { height: 300px; } #pkr-chart-embed .top-row { flex-direction: column; align-items: flex-start; } #pkr-chart-embed .rate-badge-container { align-items: flex-start; } #pkr-chart-embed .rate-label-sub { text-align: left; } #pkr-chart-embed .toolbar { flex-direction: column; align-items: flex-start; } } PKR vs USD Exchange Rate USD / PKR Calculator USD = PKR Latest Closing 23-Oct-26 276.82 PKR 1M 3M 6M 1Y ALL High: -- Low: -- Avg: -- Change: -- (function() { // Historical closing rate dataset updated with 23-Oct-26 const rawLabels = ["04-Mar-25", "05-Mar-25", "06-Mar-25", "07-Mar-25", "10-Mar-25", "11-Mar-25", "12-Mar-25", "13-Mar-25", "14-Mar-25", "17-Mar-25", "18-Mar-25", "19-Mar-25", "20-Mar-25", "21-Mar-25", "24-Mar-25", "25-Mar-25", "26-Mar-25", "27-Mar-25", "28-Mar-25", "03-Apr-25", "04-Apr-25", "07-Apr-25", "08-Apr-25", "09-Apr-25", "10-Apr-25", "11-Apr-25", "14-Apr-25", "15-Apr-25", "16-Apr-25", "17-Apr-25", "18-Apr-25", "21-Apr-25", "22-Apr-25", "23-Apr-25", "24-Apr-25", "25-Apr-25", "28-Apr-25", "29-Apr-25", "30-Apr-25", "02-May-25", "05-May-25", "06-May-25", "07-May-25", "08-May-25", "09-May-25", "12-May-25", "13-May-25", "14-May-25", "15-May-25", "16-May-25", "19-May-25", "20-May-25", "21-May-25", "22-May-25", "23-May-25", "26-May-25", "27-May-25", "29-May-25", "30-May-25", "02-Jun-25", "03-Jun-25", "04-Jun-25", "05-Jun-25", "10-Jun-25", "11-Jun-25", "12-Jun-25", "13-Jun-25", "16-Jun-25", "17-Jun-25", "18-Jun-25", "19-Jun-25", "20-Jun-25", "23-Jun-25", "24-Jun-25", "25-Jun-25", "26-Jun-25", "27-Jun-25", "30-Jun-25", "02-Jul-25", "03-Jul-25", 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"10-Feb-26", "11-Feb-26", "12-Feb-26", "13-Feb-26", "16-Feb-26", "17-Feb-26", "18-Feb-26", "20-Feb-26", "23-Feb-26", "24-Feb-26", "25-Feb-26", "26-Feb-26", "27-Feb-26", "02-Mar-26", "03-Mar-26", "04-Mar-26", "05-Mar-26", "06-Mar-26", "09-Mar-26", "10-Mar-26", "11-Mar-26", "12-Mar-26", "13-Mar-26", "16-Mar-26", "17-Mar-26", "18-Mar-26", "19-Mar-26", "24-Mar-26", "25-Mar-26", "26-Mar-26", "27-Mar-26", "30-Mar-26", "31-Mar-26", "01-Apr-26", "02-Apr-26", "03-Apr-26", "04-Apr-26", "06-Apr-26", "07-Apr-26", "08-Apr-26", "09-Apr-26", "10-Apr-26", "13-Apr-26", "14-Apr-26", "14-Apr-26", "15-Apr-26", "16-Apr-26", "17-Apr-26", "20-Apr-26", "21-Apr-26", "22-Apr-26", "23-Apr-26", "24-Apr-26", "27-Apr-26", "28-Apr-26", "29-Apr-26", "30-Apr-26", "04-May-26", "05-May-26", "06-May-26", "07-May-26", "08-May-26", "11-May-26", "12-May-26", "13-May-26", "14-May-26", "15-May-26", "18-May-26", "19-May-26", "20-May-26", "21-May-26", "22-May-26", "25-May-26", "29-May-26", "01-Jun-26", "02-Jun-26", "03-Jun-26", "04-Jun-26", "05-Jun-26", "08-Jun-26", "09-Jun-26", "10-Jun-26", "11-Jun-26", "12-Jun-26", "15-Jun-26", "16-Jun-26", "17-Jun-26", "18-Jun-26", "19-Jun-26", "22-Jun-26", "23-Jun-26", "24-Jun-26", "29-Jun-26", "30-Jun-26", "02-Jul-26", "03-Jul-26", "06-Jul-26", "07-Jul-26", "08-Jul-26", "09-Jul-26", "10-Jul-26", "13-Jul-26", "14-Jul-26", "15-Jul-26", "16-Jul-26", "17-Jul-26", "20-Jul-26", "21-Jul-26", "22-Jul-26", "23-Jul-26", "24-Jul-26", "27-Jul-26", "28-Jul-26", "29-Jul-26", "30-Jul-26", "03-Aug-26", "04-Aug-26", "05-Aug-26", "06-Aug-26", "07-Aug-26", "10-Aug-26", "11-Aug-26", "12-Aug-26", "13-Aug-26", "17-Aug-26", "18-Aug-26", "20-Aug-26", "21-Aug-26", "24-Aug-26", "25-Aug-26", "27-Aug-26", "28-Aug-26", "31-Aug-26", "01-Sep-26", "02-Sep-26", "03-Sep-26", "04-Sep-26", "07-Sep-26", "08-Sep-26", "09-Sep-26", "10-Sep-26", "11-Sep-26", "14-Sep-26", "15-Sep-26", "16-Sep-26", "17-Sep-26", "18-Sep-26", "21-Sep-26", "22-Sep-26", "23-Sep-26", "24-Sep-26", "25-Sep-26", "28-Sep-26", "29-Sep-26", "30-Sep-26", "01-Oct-26", "02-Oct-26", "05-Oct-26", "06-Oct-26", "07-Oct-26", "08-Oct-26", "09-Oct-26", "12-Oct-26", "13-Oct-26", "14-Oct-26", "15-Oct-26", "16-Oct-26", "19-Oct-26", "20-Oct-26", "21-Oct-26", "22-Oct-26", "23-Oct-26"]; const rawData = [279.77, 279.87, 279.82, 279.97, 280.07, 279.95, 279.97, 280.05, 280.21, 280.17, 280.27, 280.21, 280.22, 280.26, 280.37, 280.42, 280.26, 280.22, 280.16, 280.56, 280.47, 280.57, 280.73, 280.78, 280.56, 280.47, 280.60, 280.57, 280.46, 280.62, 280.72, 280.87, 280.77, 280.97, 281.07, 280.97, 281.07, 281.02, 280.97, 281.06, 281.22, 281.37, 281.47, 281.52, 281.71, 281.57, 281.67, 281.72, 281.61, 281.66, 281.77, 281.92, 281.97, 282.06, 281.97, 282.06, 282.17, 282.07, 282.02, 281.97, 282.12, 282.22, 282.17, 282.21, 282.47, 282.67, 282.96, 283.17, 283.41, 283.55, 283.64, 283.70, 283.87, 283.77, 283.72, 283.67, 283.72, 283.76, 283.95, 283.86, 283.97, 284.22, 284.36, 284.47, 284.56, 284.46, 284.72, 284.67, 284.96, 284.97, 284.87, 284.95, 284.97, 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277.85, 277.82, 277.81, 277.80, 277.77, 277.76, 277.75, 277.72, 277.71, 277.70, 277.67, 277.66, 277.65, 277.62, 277.61, 277.57, 277.56, 277.55, 277.52, 277.51, 277.50, 277.47, 277.46, 277.45, 277.42, 277.41, 277.40, 277.37, 277.36, 277.35, 277.32, 277.31, 277.30, 277.27, 277.26, 277.25, 277.22, 277.21, 277.20, 277.17, 277.16, 277.15, 277.12, 277.11, 277.10, 277.07, 277.06, 277.05, 277.02, 277.01, 277.00, 276.97, 276.96, 276.95, 276.92, 276.91, 276.90, 276.87, 276.86, 276.85, 276.82]; const currentExchangeRate = rawData[rawData.length - 1]; const usdInput = document.getElementById('usdInput'); const pkrInput = document.getElementById('pkrInput'); const latestBadgeRate = document.getElementById('latestBadgeRate'); const latestDateLabel = document.getElementById('latestDateLabel'); const statHigh = document.getElementById('statHigh'); const statLow = document.getElementById('statLow'); const statAvg = document.getElementById('statAvg'); const statChange = 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"clip" hides the same overflow // without creating a scroll container. for (var a = wrapper.parentElement; a; a = a.parentElement) { var cs = getComputedStyle(a); if (cs.overflowX === 'hidden') a.style.overflowX = 'clip'; if (cs.overflowY === 'hidden') a.style.overflowY = 'clip'; } // Undo the server-side escaping of closing script tags / comment openers. var html = source.textContent.replace(/ window.innerHeight; if (pinned) { stage.style.position = 'sticky'; stage.style.top = '0'; fillScreen(stage); track.style.height = h + 'px'; max = Math.max(0, h - frame.clientHeight); } else { // Grow only: vh-based content would otherwise shrink with its own frame, forever. fitH = Math.max(fitH, h); stage.style.position = 'static'; stage.style.height = fitH + 'px'; track.style.height = 'auto'; max = 0; } sync(true); } // inside the frame would only scroll the (non-scrollable) frame. Scroll the page instead. function onAnchorClick(e) { var link = e.target.closest && e.target.closest('a[href^="#"]'); if (!link || e.defaultPrevented) return; var id = link.getAttribute('href').slice(1); try { id = decodeURIComponent(id); } catch (x) { } var target = id ? doc.getElementById(id) : null; if (id && !target) return; e.preventDefault(); var inFrame = target ? target.getBoundingClientRect().top + win.scrollY : 0; window.scrollTo({ top: track.getBoundingClientRect().top + window.scrollY + (pinned ? Math.min(inFrame, max) : inFrame), behavior: 'smooth' }); } frame.addEventListener('load', function () { try { win = frame.contentWindow; doc = win.document; var ro = new win.ResizeObserver(measure); // created in the frame's realm ro.observe(doc.documentElement); if (doc.body) ro.observe(doc.body); doc.addEventListener('click', onAnchorClick); measure(); } catch (e) { // No script access to the frame: fall back to a plain scrollable frame. win = null; frame.removeAttribute('scrolling'); stage.style.position = 'static'; fillScreen(stage); track.style.height = 'auto'; } }); fillScreen(stage); fillScreen(track); // placeholder until the frame has loaded and been measured window.addEventListener('scroll', function () { sync(false); }, { passive: true }); window.addEventListener('resize', measure); stage.appendChild(frame); track.appendChild(stage); wrapper.appendChild(track); })(); The Pakistani rupee continued its marginal gain against the US dollar, appreciating 0.01% in the inter-bank market on Friday. The local unit closed the day at 276.82, a gain of Re0.03 against the greenback. On Thursday, the rupee had rupee settled at 276.85 against the dollar. Internationally, the Japanese yen hit its strongest level in more than a month on Friday, buoyed by safe-haven flows due to a fresh bout of risk aversion that also sent US Treasury yields sharply lower, pushing the dollar to a nearly three-week ‌trough. The moves in the currency markets were driven by doubts over the AI spending boom even as Brent crude futures stay above $110 per barrel, suggesting concerns over economic growth outweighed inflation worries. The yen strengthened 0.3% on Friday to 156.28 per US dollar, leading gains among major currencies. It was set for a 1% gain for the week, its strongest weekly rise since early September. The dollar index, which measures the greenback against a basket of currencies, was at 101.52, after touching its lowest level since the beginning of the month at 101.44 ⁠on Thursday. US 10-year Treasury yields hovered near a one-month low at 4.953%, after tumbling on Thursday when equities sold off on renewed concerns about the sustainability of the AI boom, burnishing the safe-haven appeal of sovereign debt. While demand for safety is intensifying, the beneficiaries differ depending on the risk, OCBC analysts said. AI jitters ‌favour the ⁠yen, Middle East tensions support the Canadian dollar and Norwegian crown due to rising oil prices, while French fiscal stress benefits the Swiss franc, they said, adding that for the US dollar, AI had become an increasingly two-way macro risk. Oil prices, a key indicator of currency parity, rose on Friday, with Brent crude touching its highest since early May, ‌after Houthi attacks in Saudi Arabia stoked concern over further disruption to energy supplies from the Middle East where UAE authorities also reported an oil spill. Brent crude futures gained $1.71, or 1.5%, to $114.99 a barrel by 1300 GMT, having earlier reached $115.16, the highest level since May 4. US West Texas Intermediate crude gained $1.80, or 1.8%, to $101.27. Inter-bank market rates for dollar on Friday BID Rs 276.82 OFFER Rs 277.02 Open-market movement In the open market, the PKR lost 5 paise for buying and 6 paise for selling against USD, closing at 277.57 and 278.71, respectively. Against Euro, the PKR gained 68 paise for buying and 57 paise for selling, closing at 310.55 and 313.55, respectively. Against UAE Dirham, the PKR lost 1 paisa for buying and gained 1 paisa for selling, closing at 75.60 and 76.20, respectively. Against Saudi Riyal, the PKR remained unchanged for both buying and selling, closing at 73.93 and 74.51, respectively. Open-market rates for dollar on Friday BID Rs 277.57 OFFER Rs 278.71 [...]

Sri Lankan shares fall for fourth straight week

October 23, 2026 3:08

Sri Lankan shares closed lower on Friday, extending losses for a fifth straight session, dragged down by utility stocks. The CSE All-Share index settled 0.17% lower at 19,684.91 points. The index dropped 2.52% over the week, its fourth straight weekly fall. Dialog Axiata Plc and Carson Cumberbatch Plc were the biggest decliners on the index, down 9.7% and 9.1%, respectively, on the day. Trading volume on the index fell to 31.5 million shares from 64.3 million shares in the previous session. The equity market’s turnover dipped to 825.1 million Sri Lankan rupees ($2.48 million) from 1.10 billion rupees in the previous session, according to exchange data. Foreign investors were net buyers, purchasing stocks worth 55.1 million rupees, while domestic investors were net sellers, offloading shares worth 807.6 million rupees, the data showed. [...]

PSX: selling continues, KSE-100 down nearly 1%

October 23, 2026 1:41

Selling pressure continued at the Pakistan Stock Exchange (PSX) as fighting intensified between Saudi Arabia and Yemen-based Houthis, with the benchmark KSE-100 Index dropping nearly 1% on Friday. The market remained under pressure throughout much of the session. The index opened near the upper end of its daily range, reaching an intra-day high of 163,966.86, before witnessing a sustained decline. Selling pressure intensified during the morning, pushing the index towards 162,500. In the second half, the index staged a brief recovery, climbing to around 163,400. However, the rebound proved short-lived, as renewed selling dragged the index lower towards an intra-day low of 162,292.44 before the end of trading. At close, the benchmark KSE-100 index closed at 162,374.87 points, down 1,549.44 points, or 0.95%. “Selling pressure stems from two factors: weakness in global markets amid higher oil prices, and cautious sentiment ahead of the monetary policy decision on Monday amid expectations of a rate hike,” Sana Tawfik, Head of Research at Arif Habib Limited, told Business Recorder. Top negative contribution to the index came from MEBL, ENGROH, LUCK, HUBC and PPL, as they cumulatively weighed down on the index by 637 points, as per the post-market report of brokerage house Topline Securities. The KSE-100 Index declined 2.43% week-on-week amid geopolitical tensions, rising oil prices, and profit-taking ahead of the SBP’s monetary policy decision, Topline said. On Thursday, PSX again slipped as persistent geopolitical uncertainty, rising international oil prices and the absence of positive triggers weighed on investor sentiment, triggering broad-based selling across major sectors. The benchmark KSE-100 Index declined by 2,006.67 points, or 1.21%, to close at 163,924.32 points. Internationally, Asian shares fell on Friday as concerns over the enormous funding needs of AI hammered tech and led to the biggest daily rally in Treasuries in more than three years, with investors fleeing to sovereign bonds and safe-haven currencies. Markets also sharply pared back ‌expectations of further policy tightening from the Federal Reserve, stripping out almost a full quarter-point rate hike for next year amid concerns a bursting AI bubble could derail the data-centre investment boom and hobble the US economy. A December rate rise is no longer fully priced, with the implied probability falling to 85%. MSCI’s broadest index of Asia-Pacific shares excluding Japan fell 0.3% on Friday, bringing its weekly loss to 2.7% and marking a fourth straight week ⁠in the red. Japan’s Nikkei dropped 1.3% and was down a whopping 5% for the week. South Korea’s KOSPI skidded 1.7%, on course for a 4.3% weekly decline, with memory chipmaker SK Hynix down 2.5% on the day. Taiwan’s stock market was closed due to a typhoon. An index of mainland Chinese blue chips lost 1.1% on Friday to hit the lowest level since July 2025. The index was down about 20% from its peak in late June. Hong Kong’s Hang Seng edged up 0.1% after dropping 3% on Thursday. Meanwhile, the Pakistani rupee continued its marginal gain against the US dollar, appreciating 0.01% in the inter-bank market on Friday. The local unit closed the day at 276.82, a gain of Re0.03 against the greenback. Volume on the all-share index increased to 398.94 million from 367.09 million recorded in the previous close. The value of shares rose to Rs18.20 billion from Rs17.99billion in the previous session. Pervez Ahmed Co was the volume leader with 32.67 million shares, followed by MACPAC Films with 26.69 million shares, and Pak Refinery with 23.50 million shares. Shares of 495 companies were traded on Friday, of which 136 registered an increase, 311 recorded a fall, and 48 remained unchanged. [...]

UAE shares extend losses on regional conflict fears

October 23, 2026 1:17

Stock markets in the United Arab Emirates fell on Friday, with Dubai leading the decline driven by losses in financial and real estate shares as Houthi strikes in Saudi heightened fears of a wider regional conflict. Saudi Aramco has told staff to evacuate its Dhahran headquarters and work remotely, six people with knowledge of the matter said on Thursday, a day after two people were killed in an attack on a nearby airport. Dubai’s main index dropped 1.4% to a more than four-month low, weighed down by a 3.5% fall in top lender Emirates NBD Bank and a 2.1% decline in blue-chip developer Emaar Properties. Abu Dhabi’s benchmark index fell 1.2%, pressured by energy, real estate and banking stocks. Real estate giant Aldar Properties slipped 3.7%, while energy shipping firm Adnoc L&S decreased 3.9%. Abu Dhabi Commercial Bank, the UAE’s third-largest lender, fell 3.7%, despite reporting a 15% rise in third-quarter net profit to 3.56 billion dirhams ($969.26 million).7 Separately, the UAE is investing an additional €15 billion ($16.81 billion) in Greece, the Abu Dhabi Media Office said on Thursday, building on an existing joint investment initiative. Dubai and Abu Dhabi indexes posted weekly losses of 2.3% and 2.2%, respectively, according to LSEG data. Oil prices, a key driver of Gulf financial markets, drifted higher on Friday as Houthi attacks raised concerns about further disruption to Middle East energy supplies. Brent crude rose 1.3% to $114.61 a barrel by 1148 GMT. [...]

Apple's foldable iPhone hits stores with $2,000 price tag and scarce supply

October 23, 2026 11:28

SYDNEY/SHANGHAI/LONDON: Apple’s first folding phone, the iPhone Duo, hit stores around the world on Friday with a price tag of about $2,000 and less of the fanfare that accompanied previous iPhone launches. From Singapore and Shanghai to London and Berlin, demand was strong but with sales rationed, there were fewer of the round-the-block queues and overnight camp-outs that once marked new iPhone days. Competitors such as Samsung Electronics and Huawei Technologies have sold premium foldable phones for years and the Duo is a test of whether Apple can reinvent the small foldable mobile market the way the iPhone did for smartphones. It is also an early challenge for Apple’s new CEO John Ternus, the former hardware chief who unveiled the phone barely a week after taking charge in September. Apple’s estimated delivery dates for the Duo had slipped to late January within minutes of pre-orders opening a week ago, as demand outpaced supply. The US company called the response “nothing short of extraordinary”. Apple capped pre-orders at two handsets per customer and limited sales to walk-in shoppers. In China, France, Hong Kong, India and Japan they were only available to those who had ordered online. Apple launches faster Mac mini, Mac Studio to tap AI boom In Sydney, which was the first Apple store to sell the new passport-shaped phones on Friday, a queue formed outside before opening at 8 a.m. local time (2100 GMT). “This is a bit of a luxury item for me, because it’s so expensive, but I just think, you know what? Life’s too short,” said Simon Krishnan, a 48-year-old engineer who paid A$3,899 ($2,734) for a 512GB Duo. In China, a soft consumer market and rising memory costs have led to six straight quarters of declining smartphone shipments, although Apple’s market share has rebounded as some buyers trade up to premium devices. Liu Wei, a 26-year-old healthcare professional, already has a foldable phone from Xiaomi, but still queued outside a Shanghai store from 6 a.m. for Apple’s first foldable. “I’ve used Apple products for many years and I have more trust (in the brand), so I bought one on launch day to try it out,” he said. Many queued to pick up pre-orders, while others hoped for limited stock or to browse display models. Others were resellers. In Hong Kong, May, 38, who declined to give his full name, bought a 256GB iPhone Duo, priced at HK$17,499 ($2,231.73), in an online pre-sale and planned to resell it for a profit of around HK$4,000. “A few meals’ worth of money,” he joked. Paul Francis, 53, was one of several dozen fans who queued overnight outside London’s Regent Street store in pouring rain. “Some people think it was mad. Including myself,” the charity manager said. Mixed reviews Early reviews have praised the Duo’s design as well as its sturdy and barely visible hinge, a major feat for phones whose prominent creased screen has long been a drawback and potential deterrent for buyers. Apple trains its own AI model for China market with Alibaba’s support, sources say But reviewers said camera compromises, including no telephoto lens, and third-party apps still to be reworked for the new display size could disappoint some buyers. They also said the folded Duo is less handy for the quick tasks most users do daily and several prominent reviewers recommended against it for many Apple customers. “It’s been a lot of fun trying the Duo out for a week, but it feels like I’ve gotten to use an extraordinarily polished prototype — not a finished product that I’d want to buy and carry,” wrote longtime Apple commentator John Gruber. Tech commentator Marques Brownlee said in a YouTube review that for a regular person who mostly texts and browses, “it is probably a no. But if the $2,000 doesn’t mean much to you, and you like the idea, after the learning curve and getting used to not having facial identification, it is a really fun phone.” In Berlin, YouTube content creator Patrick Wolter was impressed that the Duo works as a phone and an iPad in one. “I’ve always found it a hassle to carry around a separate tablet, especially since I already have a laptop and other gear,” he said. “In the long run, this will likely end up replacing those other devices.” Tough to find Apple’s entry into the relatively niche foldables market could bring the format to a much broader audience, said Francisco Jeronimo, vice president at market researcher IDC. IDC expects Apple will take 44% of the foldable market value in 2026 on 31% of units. By 2027, it will become the market leader both in value and units shipped, IDC forecast. “Apple has made a convincing case for this form factor,” Jeronimo said after spending a week with the Duo. “Now comes the next test: turning excitement into availability, adoption and a lasting new chapter for the smartphone market,” Jeronimo said. [...]

Copper rebounds as inventories, stock markets stabilise

October 23, 2026 11:10

LONDON: Copper prices bounced on Friday after a sharp decline in the previous session as stock markets stabilised and the build-up of inventories slowed. Three-month copper on the London Metal Exchange gained 0.8% to $14,190 a metric ton by 1000 GMT, having slid 1.9% to a five-week low in the previous session. Metals markets were supported as a rout in global tech shares eased after concerns over the enormous funding needs of AI had hammered Wall Street. “Today we’ve got the Nasdaq futures bouncing after that sell-off yesterday, and that’s probably why we’re seeing some metals investors getting back in,” said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen. Investors were still nervous, and there was the risk of further losses in copper, especially if prices broke below the September low of $13,925, he added. Worries about excess inventories abated after daily data showed on Friday that LME copper stocks rose by 800 metric tons, having jumped by a fifth over the past week to 273,750 tons. In China, inventories in warehouses registered with the Shanghai Futures Exchange tumbled by 26.5%, weekly data showed on Friday. Investors were still concerned about the overhang of stocks in the United States, which has attracted huge flows of copper due to speculation about the government imposing tariffs, Hansen said. “That massive pile of copper in the US is clearly weighing on prices given the risk of re-exporting that copper into the rest of the market,” Hansen said. Nickel was the worst performer on the LME, giving up 1.8% to $15,825 a ton as traders awaited clearer signals from Chinese companies considering coordinated output cuts at their Indonesian operations. The International Nickel Study Group last week forecast a small global surplus this year, reversing an earlier deficit forecast. Among other metals, LME aluminum dipped 0.1% to $3,007 a ton, zinc gained 1.1% to $3,710, lead was little changed at $1,898, and tin rose 1.3% to $50,715. [...]

GLP-1 boom in China, India, Brazil could create $22bn market by 2035, J.P. Morgan says

October 23, 2026 11:05

The combined China-India-Brazil market for weight-loss drugs could grow to $22 billion by 2035 from $6.6 billion currently, J.P. Morgan estimated, as improving affordability and broader access drive adoption in largely untapped patient populations. The addressable market could grow at an annual rate of 15% through 2035, J.P. Morgan analysts led by Yang Huang said in a note on Friday, given the countries’ large diabetes and obesity burdens. GLP-1 drugs, such as Novo Nordisk’s Ozempic and Wegovy and Eli Lilly’s Zepbound, have become some of the most sought-after medicines for weight-loss and diabetes treatment globally. China and India are home to some of the world’s largest diabetes patient populations, accounting for more than 25% and 15% of global diagnosed cases, respectively, while about 12% of Brazilian adults have diabetes, according to J.P. Morgan. The three countries also face a growing obesity burden. China’s overweight and obese population could exceed 65% by 2030, while India’s adult obesity rate is projected to reach 11% by 2035. “GLP-1 is transitioning from a developed-market growth theme to a broader global access story…” the analysts said. “With patent cliffs, generic launches and policy-engineered price cuts now improving GLP-1 affordability, the three markets are converging on the same destination.” Under-tapped markets GLP-1’s uptake in many emerging markets has remained low due to affordability concerns. Penetration is below 0.1% in China and under 0.2% in India, versus 4%-5% in the US, according to the note. While Brazil is currently the largest of the three markets, obesity-drug penetration is projected to reach only 7%-8% of its obese population by 2035, compared with about 30% in the US. J.P. Morgan expects China to overtake Brazil by 2027, with its market reaching $13.7 billion by 2035, versus $8 billion for Brazil, supported by its large diabetes burden and wider reimbursement for GLP-1 therapies. For India, the smallest of the three markets, conservative attitudes toward GLP-1 drugs, alongside affordability concerns, remain key barriers to adoption, J.P. Morgan said, as hesitancy around injectables and slow-shifting cultural attitudes persist. The brokerage highlighted China’s Innovent, Divi’s Laboratories and Torrent Pharmaceuticals in India, and Brazil’s RD Saude as its key stocks to play the GLP-1 growth theme. [...]

Surging oil prices drag Indian shares to weekly losses

October 23, 2026 10:53

Indian shares fell on Friday and logged weekly losses as surging oil prices amid Middle East tensions stoked concerns over inflation and company earnings. The benchmark Nifty 50 fell 0.39% to 22,600, and the Sensex shed 0.17% to 73,123.83. The indexes lost 2.4% and 2.2% this week, respectively, with sentiment dampened by a rise in Brent crude oil futures to about $114 on energy supply fears after attacks on top exporter Saudi Arabia by Yemen’s Houthis. “Oil is an immediate pressure point, while the impact of a weaker monsoon on water availability is a slower-burning risk,” said Rushabh Sheth, co-founder and co-CIO at Karma Capital. “With clear macro headwinds facing markets over the next few quarters, a narrowing market is becoming a reality, meaning fewer stocks are likely to perform well across segments.” Demand for billionaire Mukesh Ambani’s Jio Platforms record $3.2 billion IPO, which swelled to 13.8 times as of the closing of the secondary market also drained liquidity during the week, analysts at SMC Global and Motilal Oswal Financial Services said. Fifteen of the 16 major sectors logged weekly losses. The broader small-caps and mid-caps underperformed benchmarks, losing 7.3% and 5.6% and posting their worst week in 20 months. Consumer durables, energy, FMCG and auto lost 6.4%, 4.6%, 4.3% and 3.5%, as higher oil dampened earnings outlook for the sectors that use crude as a key raw material. The heaviest-weighted benchmark stock, HDFC Bank, lost 5% during the week after missing quarterly profit estimates. Axis Bank lost 5.6% on earnings miss, while Bajaj Finance dropped 5.4% as concerns over pressure on lending margins outweighed a rise in quarterly profit. On the day, Swiggy tumbled 16.8% to a record low, on concerns over the company’s ability to turn around its quick-commerce unit and margins in its food delivery business. Colgate-Palmolive India dropped 4.8% after the quarterly profit missed estimates. [...]

Indian rupee little changed this week as oil-fueled declines wipe out early gains

October 23, 2026 10:52

MUMBAI: The Indian rupee weakened for a second straight session on Friday as surging oil prices spurred risk aversion, erasing gains made earlier in the week and leaving the currency little changed, despite easing expectations of further US rate hikes. The Indian rupee opened the session marginally higher at 94.79 against the US dollar, but turned lower in early trades to hit a low of 94.9725. The currency ended 0.1% lower for the day at 94.9400, after depreciating by 0.4% on Thursday. It was little changed for the week, after rising 1.4% last week. Oil prices rose in the latter half of the week including in Asian hours, with the benchmark Brent crude touching a more than five-month high, after attacks in Saudi Arabia by Yemen’s Houthis stoked concern over further disruption to energy supplies from the region. The Brent crude contract was hovering around $114 per barrel, and is on track to post a third straight weekly surge. While facing a shock from oil prices, investors have been reassessing technology trades and pulling back from riskier assets on worries about stretched valuations for artificial intelligence-led companies, leading to a selloff in stocks and rising demand for safe-haven US Treasuries. The odds of a rate hike by the Federal Reserve have dropped to single digits from as high as 70% a month ago, which provided brief relief to the rupee in the early session, but oil worries outweighed the positive move. Energy prices have remained elevated fuelling concerns about inflation and imported energy costs, which hit the nation’s current account calculations. Currency traders also cited some residual flows linked to the Jio Platforms initial public offering. These flows, alongside the unwinding of dollar-long positions triggered by the Reserve Bank of India’s latest measures, had lifted the currency to a six-week high of 94.30 per dollar on Thursday, before importers stepped up dollar purchases. “The RBI’s recent FX measures are short-term stabilizers, not necessarily unjustified, but insufficient to alter the medium-term bearish outlook on the rupee,” Apoorva Javadekar, chief economist at Shriram Research, said. [...]

US military bans BYD vehicles from strategic air base in Japan

October 23, 2026 7:14

TOKYO: The US military said on Friday it will ban vehicles made by Chinese EV maker BYD from an air base in Japan, saying their presence posed a security risk. The ban will begin at the Kadena Air Base on Japan’s Okinawa island on Monday, the Yonhap newswire reported earlier. The base is a major US air power hub on Japan’s strategic southwest island chain running along the edge of the East China Sea. “These vehicles present an unacceptable and unmitigable risk to our personnel and our mission,” base spokesperson Lieutenant Colonel Alli Stormer said. She did not say what specific concern had prompted the commander to act against the Chinese electric vehicles. BYD did not immediately respond to a request for comment. The Chinese company, which overtook Tesla as the world’s biggest seller of battery-electric vehicles in 2025, is expanding overseas, including in Japan. It launched its Racco electric minicar there in July as it seeks a foothold in a market dominated by domestic brands. HUBCO denies BYD plant delay, targets end-2026 launch: report The Pentagon in June designated BYD, along with e-commerce firm Alibaba, internet company Baidu and automaker NIO, as companies it believes support China’s military. BYD rejected the designation and said it would pursue administrative and legal avenues to protect its interests. China has imposed similar restrictions on Tesla vehicles. In 2021 it barred them from some government compounds due to security concerns over cameras installed on the vehicles. Beijing removed that restriction in 2024 after Tesla won an endorsement from the country’s top auto industry association. [...]

Ship carrying 4,000 tonnes of LPG docks at Port Qasim

October 25, 2026 11:06

A vessel carrying 4,000 metric tons of liquefied petroleum gas (LPG) from Bahrain arrived at Port Qasim on October 24, as Pakistan faces supply shortages and rising prices of the fuel. The vessel, Yellowstone, berthed at 8:42am, and port handling of the imported consignment has begun, the Port Qasim Authority (PQA) said in a press release on Sunday. The authority said the shipment reflected Port Qasim’s role in meeting the energy requirements of domestic and commercial consumers. The arrival comes amid concerns over LPG availability and rising prices in the country. LPG is widely used by households, particularly in areas without access to piped natural gas, as well as by commercial establishments. The resumption of cross-border trade with Iran at the Gabd-Rimdan crossing on Saturday is also expected to facilitate the movement of stranded trucks carrying LPG and other essential commodities after a weeklong suspension. The additional imported supply could help improve LPG availability, although its impact on retail prices will depend on the pace of distribution and prevailing market conditions. [...]

Gulf bourses slip as Houthi-Saudi clashes rattle investors

October 25, 2026 9:34

Pakistan seeks early signing of GCC free trade agreement in talks with Qatar

October 25, 2026 6:52

Pakistan has called for the early signing of the Pakistan-Gulf Cooperation Council (GCC) Free Trade Agreement (FTA) and sought greater market access and Qatari investment in key sectors during talks in Doha, the Ministry of Commerce said on Sunday. Commerce Minister Jam Kamal Khan and Qatar’s Minister of State for Foreign Trade Affairs, Dr Ahmad bin Mohammed Al-Sayed, co-chaired the second meeting of the Pakistan-Qatar Joint Task Force (JTF) on Trade and Investment on October 24 to review bilateral economic cooperation and explore new trade and investment opportunities. Pakistan urged Qatar to support the early finalisation of the GCC FTA, stating that it had completed its domestic approval process and forwarded the approved agreement text to the GCC Secretariat on December 31, 2025. The Pakistani side also called for the removal of restrictions on bone-in meat exports to Qatar, saying it had already shared a technical dossier addressing animal health and food safety requirements with the relevant Qatari authorities. Both sides discussed cooperation in agriculture, food security, industrial development, information technology, maritime transport and infrastructure. Pakistan highlighted a proposed government-to-government arrangement between the Trading Corporation of Pakistan (TCP) and Qatar’s Hassad Food for the supply of Pakistani rice. The proposal has been submitted to the federal cabinet for approval. The country also invited Qatari investment in grain storage, silos, cold-storage facilities, modern agriculture and advanced farming technologies. In the industrial sector, Pakistan presented investment opportunities in new energy vehicles and electric vehicles, including joint manufacturing, technology transfer and industrial partnerships. Opportunities in IT, digital infrastructure and digital services were also highlighted. Pakistan further identified potential investment in shipping, including oil tankers, liquefied natural gas carriers and container vessels, as well as the proposed Karachi-Hyderabad Motorway, which aims to improve connectivity between seaports, the national road network and regional transit routes, particularly to Central Asia. The Pakistani side also presented the concept of an investment fund to attract Qatari participation in infrastructure, agriculture, industrial development and other priority sectors. Both countries discussed the operationalization of 11 technical working groups covering areas such as logistics, aviation, advanced manufacturing, mining and minerals, agriculture, tourism, financial technology, healthcare, education, IT and startups. Pakistan said it had shared the composition of the working groups and urged Qatar to nominate its representatives so they could begin identifying concrete trade and investment opportunities ahead of the third JTF meeting, which will be hosted by Pakistan. At the conclusion of the meeting, the two ministers signed the minutes of the first Pakistan-Qatar Joint Task Force meeting. Separately, Jam Kamal met Nan Li Collins, head of the World Investment Forum, in Doha. The two discussed regional economic integration, connectivity and cooperation amid emerging global economic challenges, according to the ministry. [...]

Trump announces Audi will build $4 billion US factory in Georgia

October 25, 2026 4:53

PERRY, GEORGIA: US President Donald Trump announced on Saturday that Audi plans to build a $4 billion assembly plant in Georgia that will produce 200,000 SUVs annually, as he seeks to convince Americans to back Republicans in the November 3 midterm elections. Trump, who has pressured automakers to move production to the United States and has raised tariffs on autos, steel, aluminum and parts, made the announcement at a rally in Perry, near Macon in central Georgia, where Volkswagen’s premium subsidiary intends to build its first US assembly plant. Last year, Trump’s tariffs dealt Audi a €1.2-billion-euro ($1.4-billion) blow as it imports all its vehicles for the US market from Europe or Mexico. Georgia has competitive election races for US Senate and governor. Trump is eager to make the case that his auto tariffs are helping the US economy. Critics say they have boosted vehicle prices and that the trade uncertainty has delayed some automaker investments. “We are planning to bring our biggest and most premium SUVs, and produce them here in Macon, Georgia,” Audi CEO Gernot Doellner said at the event. “This is a this is a long-term investment because we believe in the American market.” Audi, SAIC Motor set up innovation hub for China-exclusive brand Republican says tariffs brought Audi plant to United States Audi said the investment will create approximately 4,500 jobs. Construction is scheduled to begin next year, with production starting in the early 2030s, Audi said. The plant is expected to assemble the Audi Q7, Q8 and Q9 SUVs, a US official told Reuters. Audi also plans to build 25,000 vehicles a year in neighboring South Carolina, the official said. Some of the vehicles, now built in Europe, would be exported, the official added. Those vehicles will be assembled at a $2 billion plant of VW’s off-road brand Scout Motors that is under construction in Blythewood, near the state capital, Columbia, the official said. Trump has cut government incentives for electric vehicles, causing a significant reduction in US EV and battery production. US vehicle and parts employment has fallen since Trump took office last year. A gold Audi with manufacturer license plates was parked outside Trump’s rally. US Senator Bernie Moreno, an Ohio Republican, said late on Saturday that “with this investment, Audi will build all of their SUVs exclusively in the US.” He said the Audi plant “would never have happened without tariffs, without common sense regulations and without eliminating California’s ability to regulate fuel economy standards.” Audi sales have fallen for two consecutive years and slid 7% in the first half of 2026 as fierce competition ⁠in China and US tariffs hit demand. Audi’s US sales are down 16% this year. Audi’s Neckarsulm plant in southwest Germany is one of four German Volkswagen plants facing possible closure after 2030. In July, Japan’s Toyota said it would spend $3.6 billion to build a 2.5-million-square-foot (232,000-square-metre) truck assembly line on its San Antonio, Texas, manufacturing campus and shift some truck production to the US from Mexico. The Japanese automaker said the expansion would be completed by 2030, creating 2,000 jobs. Honda Motor is considering building a US assembly plant but has warned it may not unless the US-Mexico-Canada Agreement on trade is extended. South Korea’s Hyundai said last year that if it had certainty about USMCA, it “would immediately unlock over $20 billion in new American investments.” [...]

China urges US to halt proposed expansion of outbound investment curbs

October 24, 2026 5:18

Govt focused on export-led sustainable growth, private sector facilitation: finance minister

October 24, 2026 3:31

Federal Minister for Finance and Revenue Muhammad Aurangzeb said on Saturday structural reforms were under way to stabilise Pakistan’s economy, with the government focusing on export-led sustainable growth, improving the tax system, reducing energy costs, and encouraging the private sector. He said IT exports were expected to reach $5.5 billion and remittances $44 billion during the current fiscal year, while the country’s foreign exchange reserves were sufficient to cover more than three months of imports. Addressing a ceremony at a private university in Lahore on Saturday, the finance minister said Pakistan needed to move away from its historical boom-and-bust economic cycle towards a growth trajectory that could generate employment opportunities and ensure that the benefits of economic progress reach the people. He said excessive reliance on imports had repeatedly exposed Pakistan to balance-of-payments crises, after which it took four to five years to stabilise the economy. To avoid such a situation, the country needed to increase exports, improve productivity and strengthen its economic fundamentals, the minister added. Aurangzeb said Pakistan’s credit rating had improved three times since April last year as a result of sustained efforts. Steps had also been taken to improve access to international financial markets. Pakistan undertook a private placement in April this year and advanced its efforts to access global markets through the issuance of Panda bonds. He said investor orders for Pakistan’s eurobonds were twice the amount offered, with investors from Asia, the Middle East, Europe and the United States also expressing interest. The finance minister said Pakistan’s foreign exchange reserves were at a historic high and sufficient to cover more than three months of imports, compared with a time when reserves had fallen to the equivalent of just two weeks of imports. He said global investors were now also assessing Pakistan’s economic position beyond its International Monetary Fund (IMF) programme. The country’s current IMF programme is scheduled to conclude in October next year, making it essential to implement reforms to maintain economic stability, strengthen investor confidence and ensure policy continuity. He said the government was taking steps to improve the tax system, broaden the tax base and promote exports. Measures to boost exports included the abolition of the super tax and reductions in tax slabs, while the budget also provided for financing facilities for exporters at an interest rate of 4.5%. Aurangzeb said reducing tariffs and energy costs was necessary to enhance competitiveness in regional markets. Discussions had also been held on supplying surplus electricity to industries at approximately Rs23 per unit. He said Pakistan needed economic growth that could increase investment and production while creating new employment opportunities. Achieving growth of 7-8% alone was not enough; its benefits must also reach the public and improve their living standards, according to the minister. He added that the government aimed to stimulate economic activity by encouraging the private sector, facilitating investors and improving the business environment. Regarding the energy situation, the finance minister said Pakistan had avoided energy shortages despite regional conflicts, and motorists had not faced long queues at petrol pumps. He said the supply situation for crude oil and other energy sources was satisfactory, with adequate arrangements in place to meet requirements until November. Planning for the winter season was also under way. The minister stressed the need for timely measures to meet gas and liquefied natural gas (LNG) requirements to prevent difficulties for domestic and industrial consumers. On public relief measures, Aurangzeb said the government had adopted targeted subsidies instead of general subsidies to ensure that assistance reached those who genuinely needed it. He said targeted subsidies had been provided for motorcycles, three-wheelers and vehicles with engine capacities below 800cc. Around 12 million unique individuals had benefited from the scheme, while approximately 40 million to 50 million people had benefited overall. He said targeted assistance allowed limited public resources to be directed towards the most deserving segments of society. The finance minister identified climate change and rapid population growth as major challenges facing Pakistan. He said the country’s annual population growth rate was approximately 2.55% and that, if the current trend continued, the population could reach 390 million. He warned that rising population could place additional pressure on education, healthcare, employment and other essential services, making long-term planning and structural measures necessary. He said Bangladesh, Indonesia and Iran had made progress in reducing their population growth rates to below 1% over the past decade, and Pakistan also needed to take steps to promote women’s education, increase their participation in the workforce and raise public awareness. Aurangzeb said women’s labour force participation in Pakistan stood at approximately 22.7%, adding that an increase in this rate could strengthen the country’s productivity and economic growth. The finance minister said the global economy was facing uncertainty, with regional conflicts potentially affecting the prices of essential commodities and energy supplies. Under these circumstances, he said, Pakistan needed to maintain the momentum of economic reforms, expand exports, encourage private investment and improve fiscal discipline to establish the economy on a sustainable footing and pave the way for employment-generating growth. [...]

Geely enters Pakistan through Bestway Group, unveils three NEVs

October 24, 2026 1:39

Gold prices in Pakistan fall for fifth consecutive day

October 24, 2026 9:59

USDA attache sees Brazil 2026-27 soybean crop at 184.0 million T

October 24, 2026 5:59

Farmers in Brazil are expected to harvest 184 million metric tons of soybeans in the 2026-27 marketing year, the US Department of Agriculture’s attache in Brasilia said in a report released on Thursday. The unofficial forecast in the attache’s report, issued by the USDA’s Foreign Agricultural Service, is below USDA’s official projection for a 2026-27 Brazilian soybean crop of 186 million tons. Still, the attache’s forecast represents an increase of nearly 2% from 2025-26, when Brazil, the world’s largest soybean grower, produced a 180.5 million-ton crop. “Favorable early-season rainfall has supported planting across major producing regions, but persistent rain in Rio Grande do Sul and forecasts of severe weather in several states could hurt crop development,” the report said. The attache expects weather-related concerns to affect harvest operations more than planting, the report said. Brazil soybean exports to slip in 2027 “Despite expectations of an El Niño season in Brazil, soybean producers remain optimistic, with most concerns focused on their second-season corn and cotton crops,” the report said. The attache’s report projected Brazil’s 2026-27 soybean exports at 117.5 million tons, up 2.1% from 2025-26 but below the USDA’s official forecast of 118 million tons. [...]

KTBA urges FBR to modify IRIS system

October 24, 2026 12:32

ISLAMABAD: To facilitate overseas Pakistanis, the Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to modify the IRIS system to allow individuals returning to Pakistan after a period of non-residence to enter their appropriate opening wealth balance for Tax Year 2026. In a letter to FBR Member Inland Revenue (Operations) on Friday, the KTBA said the existing restriction in the Wealth Reconciliation Statement was creating difficulties for individuals who resumed tax residency after spending intervening years as non-residents. The association pointed out that IRIS automatically carries forward the opening wealth balance from the last Wealth Statement filed and does not allow taxpayers to edit it. Consequently, the system retains the wealth balance reported before the period of non-residence, preventing returning taxpayers from accurately reconciling their wealth for the relevant tax year. The KTBA illustrated the issue with the case of an individual who was a Pakistani tax resident up to Tax Year 2023 and filed an income tax return, Wealth Statement and Wealth Reconciliation Statement for that year. The individual subsequently remained a non-resident during Tax Years 2024 and 2025, declaring only Pakistan-source income and not filing Wealth Statements, as these were not required under section 116(2) of the Income Tax Ordinance, 2001, in the circumstances described. Upon returning to Pakistan and becoming a resident during the period relevant to Tax Year 2026, the individual is required to furnish a Wealth Statement and Wealth Reconciliation Statement under section 116(2) of the Ordinance. However, the IRIS system automatically carries forward the wealth balance as of June 30, 2023, into a non-editable opening balance field, creating difficulties in reconciling wealth for Tax Year 2026. The association maintained that, under the self-assessment and declaration framework of income tax laws, taxpayers should be allowed to declare their opening wealth balance on the basis of relevant information and records, subject to applicable legal provisions. Without prejudice to this broader position, the KTBA urged the FBR to address the specific issue by modifying the relevant IRIS validation to allow returning individuals to enter an appropriate opening wealth balance for the relevant tax year. It said the proposed change would enable affected taxpayers to reconcile their wealth for Tax Year 2026 without being required to undertake a reconciliation covering the intervening years of non-residence. The association further emphasised that the IRIS 2.0 filing utility should facilitate compliance with section 116(2) without extending the scope of the statutory obligation. The KTBA requested urgent resolution of the matter to enable affected individuals to correctly complete and submit their Wealth Statements and Wealth Reconciliation Statements for Tax Year 2026. Copyright Business Recorder, 2026 [...]

US authorises emergency release of up to 400,000 oil barrels

October 24, 2026 12:32

WASHINGTON: The US Department of Energy said on Friday it had authorised an emergency exchange of up to 400,000 barrels of crude oil from the Strategic Petroleum Reserve to address a supply disruption affecting Phillips 66’s Lake Charles refinery in Louisiana. The SPR is already at the lowest level since 1982 after President Donald Trump tapped it as the US war on Iran disrupted supply lines, and after his predecessor, President Joe Biden, turned to it following Russia’s full-scale invasion of Ukraine. The Lake Charles refinery has a capacity to refine about 264,000 barrels per day. The exchange will “help offset temporary disruptions affecting crude oil deliveries to the refinery and support continued production of transportation fuels serving Louisiana and surrounding markets,” the department said. The refinery will receive crude oil from the US Strategic Petroleum Reserve, a Phillips 66 spokesperson confirmed on Friday, but he declined to comment on refinery operations or commercial activity. “We do not anticipate impacts to Lake Charles operations,” he said. [...]

Oil hits USD116 mark as ME conflict rages on

October 24, 2026 12:32

NEW YORK: Oil prices settled more than USD3 higher on Friday, their highest in nearly six months after Houthi attacks in Saudi Arabia stoked concerns over further disruption to energy supplies from the Middle East, where UAE authorities also reported an oil spill. Brent crude futures settled at USD116.72 a barrel, up USD3.55 or 3.14 percent, their highest since April 29. US West Texas Intermediate crude closed at USD103.27 a barrel, up USD3.80 or 3.8 percent. Brent finished the week up 6 percent and WTI ended 2.3 percent higher. “Fears of supply disruptions drove the advance after Houthi carried out a series of attacks across Saudi Arabia, including on energy infrastructure,” said Adam Turnquist, chief cross-asset strategist for LPL Financial. On Thursday, Saudi Aramco ordered the evacuation of its headquarters in Dhahran on the Gulf near Bahrain, Reuters reported. Fighting intensified between Saudi Arabia, the world’s largest crude exporter and Yemen-based Houthis. An oil spill from a tanker was detected off the UAE coast of Umm Al Quwain, the United Arab Emirates Ministry of Climate Change and Environment said. It did not say what caused the spill and authorities have not identified the tanker involved. Shipping sources said on October 9 that the Gem No. 2 supertanker was struck by an unidentified projectile 13 nautical miles (24 km) west of Al Jazeera in the UAE. “The market is concerned about these continued Iranian attacks on tankers that we’ve seen increase over the last week,” said Andrew Lipow, president of Lipow Oil Associates. “While there has been an increase in oil transiting out of the Strait of Hormuz, that could change at any minute.” Clashes between the Houthis and a Saudi-led coalition that backs Yemen’s internationally recognised government have raged since the Houthis pushed towards Bab el-Mandeb Strait last month, a shipping chokepoint at the mouth of the Red Sea. October has been the worst month for attacks on commercial shipping in the Strait of Hormuz and nearby waterways, according to data compiled by a Washington-based think tank that has tracked maritime security incidents worldwide since 2017. President Donald Trump said on Friday the US could end the war with Iran quickly, but said perhaps Washington should allow the conflict to gradually wind down. The US Department of Energy said it had authorized an emergency exchange of up to 400,000 barrels of crude oil from the Strategic Petroleum Reserve to address a supply disruption affecting Phillips 66’s Lake Charles refinery in Louisiana. The SPR is already at the lowest level since 1982 after President Donald Trump tapped it as the US war on Iran disrupted supply lines. Trump’s predecessor, President Joe Biden, also tapped the SPR following Russia’s invasion of Ukraine. Elsewhere, Germany’s national oil stockpiling agency EBV circulated a tender to sell diesel, heating oil and crude oil volumes from strategic reserves. This marks Germany’s first oil releases from strategic reserves since G7 countries, under pressure from Trump, agreed to do so at the start of October. On Thursday, the head of Libya’s National Oil Corp told Reuters that an oil pipeline valve from the Hamada and Tahara oilfields to Zawiya port had been shut, leading to a reduction in production at both fields. Ship tracking data showed the first Russian diesel bound for the US since Moscow and Washington reached an export agreement was aboard a tanker heading for New York. Trump announced the deal this month as part of efforts to bring down soaring diesel prices ahead of US midterm elections on November 3. US energy firms this week kept the total rig count unchanged for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The total oil and gas rig count, an early indicator of future output, held steady at 603 during the week ended October 23. [...]

Govt approves Karachi Industrial Park as federal SEZ

October 24, 2026 12:32

ISLAMABAD: The government has approved Karachi Industrial Park as a federal Special Economic Zone (SEZ) and endorsed a framework for government-funded utilities and allied infrastructure in privately established zones, seeking to attract export-oriented investment, reduce industrialisation costs and boost employment. The Federal Minister for Finance and Revenue, Muhammad Aurangzeb, on Friday chaired the 11th meeting of the Board of Approvals (BoA) for Special Economic Zones (SEZs), which discussed key measures to facilitate industrial investment, improve infrastructure provision, and promote the effective utilisation of industrial land. The Board confirmed the minutes of its 10th meeting and considered three substantive agenda items. The Board approved the application for Karachi Industrial Park (KIP) as a Federal Special Economic Zone. The proposed zone aims to attract export-oriented industrial investment, promote technology transfer and value addition, and generate employment. The Board also approved the General Eligibility Criteria for the provision of utilities and allied services up to the designated zero point of privately established SEZs through government funding, under the SEZ Act, 2012. The criteria establish a framework for considering the provision of road access, utilities and other essential facilities at government expense on a case-by-case basis. The Board further approved the Land Lease Policy for Public Sector SEZs and Industrial Estates in Punjab. The policy promotes industrial investment through long-term leasing, reducing upfront land costs and ensuring optimal use of public-sector industrial land, while encouraging investment in key industrial sectors and emerging industries with high export potential. The decisions reflect the Government’s continued focus on facilitating industrialisation, improving the investment environment and strengthening the framework for Special Economic Zones. The measures are intended to support greater private-sector participation, encourage export-oriented production and ensure that public resources and industrial land are utilised effectively. The meeting was attended by Federal Minister for Board of Investment Qaiser Ahmed Sheikh; Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal; Federal Minister for Commerce Jam Kamal Khan; Adviser to the Prime Minister on Industries and Production Haroon Akhtar Khan; and Punjab Minister for Industries, Commerce and Investment Shafay Hussain. Senior officials from the Finance Division, Board of Investment, Special Investment Facilitation Council (SIFC), Federal and Provincial Special Economic Zones Authorities, relevant federal ministries and provincial departments, as well as representatives of the relevant sectors, also attended. Copyright Business Recorder, 2026 [...]

Petrol price maintained; HSD’s hiked by Rs1.91

October 24, 2026 12:32

ISLAMABAD: In the latest daily price review for October 24, the retail petrol price has been kept unchanged at Rs377.71 per litre, whereas, High-Speed Diesel (HSD) saw an increase of Rs1.91 per litre from Rs391.75 to Rs393.66 per litre effective. Average refined petrol prices eased to USD 117.52 per barrel from USD 117.89 on October 23, while HSD increased slightly to USD 110.58 per barrel from USD 109.47. Oil and Gas Regulatory Authority (OGRA) states that the change in price is necessitated by global events including changes in Platts rates, premiums, incidentals etc. A Petroleum Division notification states that levies and profit margins remain largely steady across both products. The change is recorded in import cost of both petroleum products. The ex-refinery price of petrol has come down to Rs266.95 per litre from Rs266.97 per litre, whereas, import cost of HSD price has increased to Rs286.11 from Rs284.19 per litre. According to the notification, government levies and fixed profit margins for petrol and HSD remain unchanged. Both fuels carry a Petroleum Levy of Rs80 per litre, a Climate Support Levy of Rs5 per litre, and profit margins of Rs9.98 per litre for dealers and Rs7.87 per litre for oil marketing companies. The Inland Freight Equalisation Margin (IFEM) is sustained at Rs 7.89 per litre for petrol, and Rs 4.71 per litre for HSD. The new prices are applicable from October 24 to 26. Copyright Business Recorder, 2026 [...]

LPG shortage worsens after supply issues

October 24, 2026 12:32

LAHORE: The shortage of liquefied petroleum gas (LPG) has worsened due to disturbed supplies from Iran, traders said. Pakistan imports about 7,000 metric tons of LPG a day from Iran, according to the Pakistan LPG Association. More than 4,000 tons a day enters through Gabd-Rimdan alone, said Shamsul Haq, former president of the Gwadar Chamber of Commerce and Industry. “These imports are at halt,” Haq said. He added that more than 1,000 Pakistani containers carrying potatoes, bananas and rice for Iran were also stranded. However, Pakistani exports of perishable goods were later restored. Traders said the price of a 12 kg LPG cylinder had risen to 7,000 Pakistani rupees (USD25) from 4,500 rupees (USD16) within days and could climb further if the disruptions persist. Hundreds of trucks, including LPG tankers, are stranded on both sides of the border, Haq said. The Quetta Chamber of Commerce and Industry has advised members to stop placing new orders with Iran until further notice. Truck drivers stuck at the supply route said they had been waiting for days in harsh conditions with limited access to basic amenities. Pakistan-Iran trade totalled about USD2.8 billion in the 2023-24 fiscal year, including roughly USD684 million of Pakistani exports, according to the Federation of Pakistan Chambers of Commerce and Industry. Pakistan LPG Association Chairman Irfan Khokhar warned shortages and price increases could worsen. “Already, LPG is being sold at different prices in Pakistan,” he said. A 12 kg cylinder sells for about 7,000 rupees in Balochistan, 7,500 rupees in Lahore and 8,200 rupees in Skardu, he said, adding that higher LPG prices were feeding through to other goods. Lahore resident Farhat Abbas said he paid 250 rupees per kg for LPG before the closure but now pays 500-600 rupees per kg. Consumers fear shortages and rising prices could worsen as winter approaches. On a visit to Tehran this week to discuss the US-Iran war, Pakistan’s army chief also discussed issues with Iranian leaders. Iran’s foreign ministry said consultations on resuming trade were underway. [...]

Ship carrying 4,000 tonnes of LPG docks at Port Qasim

October 25, 2026 11:06

Security forces kill TTP commander in Balochistan’s Qila Saifullah

October 25, 2026 10:15

Security forces killed a terrorist commander affiliated with Fitna al-Khawarij during an intelligence-based operation in Qila Saifullah, Balochistan, Aaj News reported, citing security sources. The commander, identified as Adil Shah alias Darwish, was involved in attacks on security forces, kidnapping for ransom and extortion, according to the sources. He had also facilitated the long-term settlement of non-local terrorists in Zhob, Sherani and Shaban, the sources said, adding that he had been involved in attacks on security forces and extortion for ransom since 2022 and 2023. Adil Shah had been associated with Fitna al-Khawarij since December 2020 and was also responsible for managing the group’s financial affairs, according to security sources. Nineteen cases had been registered against him, while a bounty of Rs2.5 million had been placed on his head, the sources added. Security forces are continuing operations under Operation Radd-ul-Fitna 3 in Balochistan, with sources saying the campaign would continue until the last terrorist was eliminated. [...]

Mona Lisa off limits as Paris shuts museums over protest fears

October 25, 2026 10:05

PARIS: Disappointed tourists poked their heads through the Louvre’s locked gates on Saturday, shut off from the Mona Lisa as galleries and museums across Paris closed as a precaution ahead of fresh demonstrations. “When we came, we thought there could be a problem but not that the museum would be closed,” Italian social educator Selena Bertoni, 31, said in front of the Musée d’Orsay. On a four-day trip to Paris she had paid €50 ($56) for two tickets to see its Impressionist paintings and other masterpieces. “Bad timing,” she said, with a shrug. The closures came one week after nationwide demonstrations over the cost of living and deteriorating public services descended into some of the worst street violence that France has seen in years. Gunman fires from car near Paris, killing 1; police arrest suspect The violence and damage prompted the government to impose localised curfews and close many public venues ahead of demonstrations planned on Saturday. Top tourist destination The shutdown extended across much of the capital’s cultural sector, including the Orangerie, Jeu de Paume and Picasso museums, while the entire Tuileries Gardens complex that leads out of the Louvre was sealed off. “This is the third museum we have come to that is closed. They should’ve warned us,” French visitor Heidi Rosar, 21, said. At the Louvre, the locked black iron gates blocked access to the entire site and the garden. “We wanted to at least see the pyramid,” 67-year-old Canadian Don Nowschuk said, referring to the museum’s landmark glass entrance. On a two-night stay in the City of Light, Nowschuk suggested the local authorities might be overreacting. France deploys 70,000 police to try to contain nationwide protests “There is so much security that you would think it would be enough to secure the museum,” he said. “It’s a bit weird to see so many cops with guns around Paris. We are used to guns but not like this.” The disruption extended to the performing arts sector. The Paris Opera shuttered both the Palais Garnier and the Opéra Bastille, citing safety concerns for staff and audiences. Organisers of the prestigious Art Basel Paris fair also cancelled its weekend programme. The cultural centres posted warnings about the closures on Friday, but some people never thought to check. “How could we have known? We didn’t think a museum could be closed. We are a bit naive,” 59-year-old French woman Catherine Sebbagh said. [...]

Gulf bourses slip as Houthi-Saudi clashes rattle investors

October 25, 2026 9:34

Russia says it hit a cargo vessel and Ukrainian logistic hubs overnight

October 25, 2026 9:25

MOSCOW: The Russian Defence Ministry said on Sunday that its drones had struck a cargo vessel bound for the Black Sea port of Chornomorsk during an overnight attack. The ministry said the vessel was being used to supply the Ukrainian army. Russian forces also hit a logistics centre, a distribution centre and a logistics terminal in the Ukrainian city of Kharkiv. The ministry said the facilities had been used for storage and distribution of dual-use cargo for the Ukrainian military. Russia hits port infrastructure in Ukraine’s Odesa region, vessels used by Ukrainian army, defence ministry says Reuters could not independently verify the Defence Ministry’s information. [...]

Saudi Arabia intercepts drones and missiles as fighting with Yemen's Houthis continues

October 25, 2026 9:18

Saudi Arabia intercepted drones and missiles over its capital Riyadh and southern areas on Sunday, the Saudi-led coalition in Yemen said, as fighting with the Houthis persisted. The conflict has become an increasingly destabilising front in the US-Israeli offensive against Iran, turning US ally Saudi Arabia into a pressure point in the wider war. On Sunday, Saudi civil defence authorities issued emergency alerts for Riyadh, Abha and Khamis Mushait, before announcing minutes later that the danger had passed. The coalition said two drones and a ballistic missile were launched towards Riyadh, and a cruise missile towards the southern city of Khamis Mushait. It later said it intercepted ten ballistic missiles fired towards southern Saudi Arabia. The Houthis warned they could again target Riyadh’s King Khalid International Airport, which resumed operations at two terminals on Sunday after a deadly attack earlier this month. The Houthis said they attacked the airport and Saudi oil facilities on Saturday. Saudi authorities did not comment directly on the Houthi statements. Houthi spokesperson Yahya Saree said the airport remained a “military target” and warned all airlines, airport staffers and travellers against using it. Late on Saturday, the airport said Terminal 1 would be designated for domestic flights and Terminal 2 for international flights operated by national carriers starting Sunday. The airport halted operations on October 10 following an attack - claimed by the Houthis - that killed 13 people and wounded more than 300 others, the deadliest in the kingdom in more than a decade. Saudi Arabia has stepped up its strikes against the Houthis after the group seized strategic territory along the Red Sea coast last month, closing in on Bab el-Mandeb Strait - a global maritime chokepoint and shipping route for Gulf oil producers on the opposite side of the Arabian Peninsula to the Strait of Hormuz. The renewed fighting in Yemen has shattered a UN-brokered truce that had largely held since 2022. Saudi Arabia intervened in Yemen’s civil war in 2015 at the head of a coalition supporting the internationally recognised government after the Houthis seized the capital Sanaa a year earlier. [...]

ODI tri-series: Razaullah makes debut as Pakistan opt to field against England

October 25, 2026 8:42

Pakistan won the toss and elected to field against England in their One-day International tri-series match at Lahore’s Gaddafi Stadium on Sunday. Speaking at the toss, skipper Shaheen Afridi said all-rounder Razaullah will be making his ODI debut, while Shadab Khan has also been added to the side. They will replace Naseem Shah, who dislocated a finger during the warm-up, and Faheem Ashraf, who was left out. In support of the Pakistan Cricket Board’s breast cancer awareness initiative, Pakistan players are wearing pink kits for the match. Shaheen said Pakistan had opted to strengthen their spin department by including Shadab as an additional spinner. England also made two changes, with debutant Henry Crocombe replacing Josh Tongue, while Adil Rashid remained out of the playing XI. Pakistan have won both their matches in the tri-series and need another victory to secure a place in the October 31 final. England, having lost their first two games, face the prospect of elimination if they suffer another defeat. The tri-series also features Sri Lanka, who have won one of their two matches. Teams Pakistan: Shaheen Shah Afridi (captain), Fakhar Zaman, Saim Ayub, Babar Azam, Mohammad Rizwan (wicketkeeper), Salman Ali Agha, Hasan Nawaz, Shadab Khan, Abrar Ahmed, Razaullah, Haris Rauf. England: Tom Banton, Ben Duckett, Joe Root, Harry Brook (captain), Jordan Cox (wicketkeeper), Sam Curran, Will Jacks, Jamie Overton, Liam Dawson, Gus Atkinson, Henry Crocombe. [...]

Pakistan seeks early signing of GCC free trade agreement in talks with Qatar

October 25, 2026 6:52

Serbia votes as students seek to unseat Vucic in snap election

October 25, 2026 5:01

BELGRADE: Serbia votes on Sunday as a mass student protest movement seeks to unseat long-time populist leader Aleksandar Vucic who has held power first as prime minister and then as president for more than a decade. The snap parliamentary elections, called by Vucic in September, come after almost two years of student-led demonstrations against perceived corruption and creeping authoritarianism triggered by the deaths of 16 people when a train station canopy collapsed in the city of Novi Sad in 2024. The students have since gained widespread support. Polling stations open at 7 a.m. and close at 8 p.m. (1900 GMT) with first indications of results expected around two hours later. A student victory would be a profound political shift in the Balkan country of some 6 million people, reminiscent of the defeat of Hungary’s Viktor Orban in April. It also potentially offers a blueprint for other student movements across Europe, which have taken to the streets in recent weeks to protest, in some cases violently, against poor education standards and a lack of prospects. But Vucic, who resigned as president to run again for prime minister, is a strong incumbent. Many voters thank him for pulling Serbia from economic obscurity and orchestrating a period of sustained modernisation including new highways, railways, schools and hospitals. Serbia’s President Vucic dissolves parliament, calls snap elections Opinion polls predict tight race Domestically, Vucic has pledged higher pensions and public sector salaries, investment in state healthcare and subsidies for young couples. On the international stage, he has balanced closer ties with China, a major investor, and Russia, Serbia’s traditional ally and principal supplier of natural gas, while leaving the door open to joining the European Union. The students’ domestic agenda aims to root out graft and improve schooling, but they have been quieter on their international ambitions. Their list of 250 largely unknown candidates includes university professors, actors and farmers, and is led by cardiologist Ilija Srdanovic. Opinion polls predict a tight race. In an Ipsos poll published on Thursday, Vucic’s Serbian Progressive Party (SNS) is seen leading with 47% of votes versus 40% for the students. But other polls have put the students in the lead. “The Serbian election is shaping up to be a watershed moment for the country as the Student List mounts the biggest challenge against Vucic yet,” said Mario Bikarski, senior Europe analyst at risk consultancy Verisk Maplecroft. Student protests increase pressure on Vucic The railway station canopy collapse occurred along a line being built to link Belgrade with the Hungarian capital Budapest, a project championed by Vucic but which protesters see as an emblem of government corruption turned deadly. Within months, the student-led street protests had become the biggest in a generation, calling for Vucic to step down. Rights groups and activists say repression has worsened in the period since. Bogdan Pavkovic was one of thousands in central Belgrade for a final student rally on Thursday. He said he wants to change “this awful, horrendous system which cheats on us, which spies on us, which beats us.” Vucic’s office and the Interior Ministry did not respond to requests for comment. Vucic and the SNS have repeatedly denied accusations of repression, corruption and spying on their opponents. He says the students are funded by foreign agents in Croatia and Montenegro, a charge the students dismiss. “This has been one of the most difficult but the most emotional campaigns,” Vucic told his supporters on Thursday. “We stood against those who wanted to destroy Serbia.” Relations sour with EU Relations with the EU have frayed as the bloc has become increasingly frustrated with a lack of reforms over the judiciary, rule of law and corruption. In a report this month after a visit to Serbia, a delegation from rights body the Council of Europe noted the “hostile and aggressive rhetoric” against opponents. And in September, EU Commission President Ursula von der Leyen condemned the huge public funeral of convicted war criminal Ratko Mladic held in Belgrade, saying it contradicted “the values underpinning Serbia’s path towards the European Union.“ (Reporting by Ivana Sekularac and Edward McAllister; Editing by Kirsten Donovan ) [...]

Trump announces Audi will build $4 billion US factory in Georgia

October 25, 2026 4:53

Obama unloads on Trump while stumping for Democrats ahead of midterms

October 25, 2026 4:44

US President Donald Trump has been telling voters to view the midterm elections as if he were on the ballot, and on Saturday one of his Democratic predecessors did just that. Ten days out from the elections that will determine control of the closely divided Congress, Barack Obama took to the campaign trail to accuse the Republican president of corruption, deride his strategy for Iran and skewer the gilded aesthetic he has applied to White House renovations. Obama stumped for Democratic candidates at rallies in Cleveland and Detroit, lampooning the Trump administration. Campaigning in Michigan for US Senate candidate Abdul El-Sayed, Obama framed the November 3 vote as a “circuit breaker” to “at least rein in some of the foolishness” of Trump’s presidency. “We got to flip that circuit breaker, bring some accountability to this government,” Obama said. Obama, president from 2009 until Trump began his first term in 2017, remains one of the most popular figures among Democrats. They hope that bringing him into the race can fire up their supporters for a tight US Senate race in which El-Sayed faces Republican Mike Rogers, a former US representative. Obama voices caution on AI, urges Democrats to tackle it, NYT says The former president obliged the Michigan crowd by playing to Democrats’ frequently repeated criticisms of Trump and of Republicans’ willingness to go along with him. “We have never seen a president excel in straight-up grifting, on your dime, like this,” Obama said. “Never seen a president so intent on selling favors like this … Now the party seems to stand for corrupt government, or inept government, or no government.” The White House did not immediately respond to a request for comment. A Reuters/Ipsos poll in August found that 63% of Americans think the president and his family have inappropriately profited from cryptocurrency since he returned to the White House last year and that 69% believe his policy decisions are influenced by his private business dealings. Obama also ridiculed the administration’s claims of victory against Iran. He argued that the war has given Iran more economic leverage because its threats to attack shipping in the Strait of Hormuz have unsettled oil exporters. “Iran now has veto power over the Strait of Hormuz, where oil goes through to get to the world,” Obama said. The former president also accused the Trump administration of emphasizing unimportant matters, sarcastically calling Defense Secretary Pete Hegseth someone “laser-focused on important matters like the jawline and testosterone levels of our troops” and ridiculing White House renovations as tacky. “He’s got the White House looking like Saddam Hussein opened a Cheesecake Factory,” Obama said. [...]

British PM Burnham open to adopting EU free movement, reports

October 25, 2026 4:39

British Prime Minister Andy Burnham has opened the door to the country readopting the European Union’s free-movement rules, the Sunday Times reported on Saturday. In an interview with the newspaper, Burnham said the nature of immigration into Britain had been “different” since Brexit, with more foreigners moving permanently rather than returning to their home countries. “I think you have to have a very factual, quite evidence-based debate about this,” he said, making clear that staying out of free movement would not be a red line for talks, the newspaper added. EU urges Britain to raise tariffs on Chinese cars, FT says [...]

Portuguese police clear Lisbon housing protest camp, make arrests

October 25, 2026 4:31

LISBON: Portuguese police cleared a housing protest camp from the centre of Lisbon in the early hours of Sunday, charging demonstrators and making several arrests, with minor injuries reported, though figures were not immediately available. Portugal is grappling with one of Europe’s most acute home affordability crises, as prices have more than doubled since 2017, while rents for new leases have nearly doubled, with young people among the hardest hit. “We have an obligation to fight for what we believe in,” said one marcher, Vitor Gomes, 21, a multimedia communications student, adding that housing speculation, wealth concentration, and rising inequality made him pessimistic about the future. Shortly after 2 a.m., dozens of officers, some with police dogs, moved in on the camp in Rossio Square, after warning protesters to remove their tents or face their dismantling, and threatening disobedience charges for those who resisted. France suspends use of stun grenades to police student protests Protesters had pitched more than 100 tents after Saturday’s protest march by thousands along one of the capital’s main avenues. Hundreds gathered to protect the encampment after police dismantled a similar camp there on Tuesday. The police action was “completely disproportionate,” however, as there had been no public disorder, Left Bloc lawmaker Fabian Figueiredo said before the action. “The worst thing that could happen tonight was having this police force charge hundreds of people who are here peacefully. Why?” asked Figueiredo, who was at the camp. Protesters say soaring rents and higher living costs are squeezing households and turning housing into a growing source of discontent, with young people among those hardest hit. The Bank of Portugal estimates a shortfall of 300,000 homes nationwide, equivalent to Lisbon’s entire housing stock. The protesters are demanding that the government scrap a bill to make evictions easier and end rent caps on new leases, which passed a first parliamentary reading, although the far-right Chega party abstained. The protest followed similar demonstrations in Belgium, France, Italy and Spain. [...]

Houthis attack Yemen’s Aden, say Saudi strikes kill 16

October 24, 2026 9:25

RIYADH, (Saudi Arabia): Yemen’s Houthis said on Saturday they attacked the southern city of Aden, the interim seat of the Saudi-backed government, after accusing Riyadh of killing 16 people in strikes on capital Sanaa and a Red Sea port city. Saudi Arabia and the internationally recognised Yemeni government have come under sustained attack from the Iran-backed Houthis, shifting the focus of the wider Middle East war that erupted with US-Israeli strikes on Iran in February. The Saudi-led coalition said earlier on Saturday it had intercepted two missiles targeting Saudi cities Taif and Yanbu in the kingdom’s west, before explosions were heard in Aden, the home of the government that Riyadh supports in the years-long civil war. The Houthis quickly claimed the attack, saying they targeted a naval base and military camp overseen by Saudi forces. “Our armed forced targeted Saudi enemy concentrations at the so-called Al-Nasr camp and the naval base in Aden,” Houthi military spokesman Yahya Saree said. The Houthis’ Al-Masirah outlet earlier reported a series of “Saudi enemy airstrikes” targeting Yemen’s capital Sanaa, including one on a house that killed at least four people and wounded several others. A separate strike at a residential building for cement factory workers in the Sanaa governorate killed six women and one child and wounded three others, the broadcaster said. It later reported “five people, the head of the family, two of his children and his two wives, have been martyred” in a strike on their home in the western port city of Hodeida, blaming it on Saudi Arabia. Yemen’s civil war, pitting the Iran-backed Houthis against the Saudi-supported and internationally recognised government, had been dormant since a ceasefire in 2022, but erupted again in July as the wider Middle East war roiled the region. Diplomats evacuated Earlier, Saudi Arabia’s civil defence agency broadcast warnings of “potential danger” for four western regions, including Taif and Yanbu as well Mecca, home to Islam’s holiest city, and Yanbu. The alerts were all rescinded minutes later. Residents were instructed to “proceed to the nearest safe place” by the agency. It also repeated a legal warning against sharing images or information related to “countering missiles and drones”. The Gulf kingdom has come under repeated attack from Yemen’s Iran-backed Houthis in recent weeks as part of the latter country’s revived civil war. The group has targeted the kingdom’s oil infrastructure as well as its airports. Yanbu is a major oil export hub on the Red Sea coast that has allowed Riyadh to bypass Iran’s blockade of the Strait of Hormuz for much of its crude exports. An attack on Riyadh airport earlier this month killed 13 people and wounded dozens more, while this week the US ordered non-essential embassy staff and their families to leave Saudi Arabia, citing the Houthi threat. Riyadh leads a military coalition that first intervened in the conflict, which has devastated Yemen and created one of the world’s worst humanitarian crises, in 2015. The dramatic escalation in Yemen, with the Houthis taking control of the entire Red Sea coast in a lightning offensive last month, has further destabilised the region and disrupted oil markets. Egypt has suggested sending troops to help defend Saudi Arabia, while Britain and France have offered their forces to protect the Gulf kingdom. [...]

Indonesia cuts gas exports to Singapore

October 24, 2026 9:25

JAKARTA: Indonesia cut exports of natural gas to Singapore on Saturday to prioritise domestic demand, an official said, with the two countries at loggerheads over regional air pollution emanating from wildfires on the vast archipelago. The head of SKK Migas, a state agency supervising the oil and gas sector, told AFP that Indonesia would cut a total of 31 million standard cubic feet per day from its supply to Singapore. Fifteen million standard cubic feet per day was being cut from Natuna in Indonesia’s Riau island, and 16 million from Sumatra, SKK Migas chief Djoko Siswanto said in a statement. He said the move was made “to maintain the reliability of domestic gas supply for electricity”. “We will continue to monitor developments on a daily basis,” he added. Only Singapore is affected for now. Indonesia is one of Singapore’s main sources of natural gas, providing it with 145.3 billion cubic feet in 2024, according to data from the US Energy Information Administration. Singapore’s Energy Market Authority (EMA) said the total reduction amounted to less than two percent of the city-state’s total daily gas demand. “EMA understands that our importers will pursue all relevant recourse in their contracts for the gas supply disruption,” it said in a statement to AFP. “We have contingency plans in place to deal with such reductions,” the EMA added. The reduction comes amid a diplomatic spat between Indonesia and countries in the region over haze from wildfires on Borneo and Sumatra islands choking cities in neighbouring states. On Thursday, Indonesian energy minister Bahlil Lahadalia said he was mulling curbing gas exports to prioritise domestic consumption, while warning Jakarta would act against countries that “do not respect” Indonesia. Indonesian President Prabowo Subianto on Wednesday berated “countries that like to insult” his nation over the haze crisis. He did not name specific countries. The Southeast Asian giant has for months struggled to contain fires that deforestation monitor Nusantara Atlas said have consumed more than 1.9 million hectares in the nine months to September. The haze has sent air pollution levels surging to dangerous levels not only in Indonesia, but also in Malaysia, Singapore and East Timor, prompting the ASEAN regional bloc to call a meeting over the crisis. Singapore has promised legal action against companies responsible for the fires. [...]

Punjab by-polls: Notices served on minister, SAPM for 'violating' election code of conduct

November 21, 2025 1:33

This collage of pictures show Federal Minister of Power Sardar Awais Ahmad Khan Leghari and Special Assistant to the Prime Minister Huzaifa Rehman. —APP/NA website/FileShow-cause notices have been issued to Minister for Power Sardar Awais Ahmad Khan Leghari and Special Assistant to the... [...]

27th Amendment empowers FCC to hear all constitutional cases: minister

November 20, 2025 7:59

Minister of State for Law and Justice Barrister Aqeel Malik addressing an event on December 21, 2024. — Facebook@BarristerAqeelMalikState Minister for Law Aqeel Malik said on Thursday that the 27th Amendment has vested authority to hear constitutional matters in the Federal Constitutional... [...]

JF-17 attracts strong attention at Dubai Airshow as friendly country inks procurement MoU

November 20, 2025 5:25

Pakistan Air Force JF-17 Thunder fighter jet during World Defence Air Show 2024 held in Riyadh, Saudi Arabia, February 7, 2024. — PPI Pakistan's JF-17 Thunder garnered significant attention at the Dubai Airshow 2025, leading to the signing of a memorandum of understanding with a... [...]

US lawmakers laud Punjab govt's initiative to modernise brick-kiln

November 20, 2025 4:39

Punjab Chief Minister Maryam Nawaz attends ceremony in this undated image. — Facebook/@MaryamNSharifISLAMABAD: The Congressional Pakistan Caucus has applauded Punjab’s drive to modernise its brick-kiln sector, saying the reforms could serve as a pilot for eliminating bonded labour and... [...]

Security forces gun down 30 terrorists in multiple IBOs in KP: ISPR

November 20, 2025 4:38

Frontier Constabulary and army personnel gather stand guard in Kurram, January 17, 2025. — AFPSecurity forces killed 30 Indian proxy Fitna al-Khawarij terrorists during multiple intelligence-based operations carried out by security forces in Khyber Pakhtunkhwa , the military's media wing... [...]

MQM-P calls for new province in Sindh

November 20, 2025 3:56

Muttahida Qaumi Movement-Pakistan Convener Khalid Maqbool Siddiqui addresses a press conference in Karachi, November 20, 2025. — Screengrab via YouTube/Geo NewsKARACHI: With discussions on the 28th Amendment gaining momentum, the Muttahida Qaumi Movement–Pakistan has once again... [...]

US report validates Pakistan military edge over India: PM

November 20, 2025 3:55

Prime Minister Shehbaz Sharif addresses ceremony in Azad Jammu and Kashmir on November 20, 2025. — X/@GovtofPakistanPrime Minister Shehbaz Sharif on Thursday said a recent US report endorsing Pakistan’s downing of Indian aircraft stands as formal validation of the country’s... [...]

Banned TTP poses serious threat to Pakistan security: UNSC panel

November 20, 2025 10:24

Denmark’s Deputy Permanent Representative to United Nations and chair of UNSC's ISIL, Al-Qaeda Sanctions Committee Sandra Jensen Landi. — Screengrab via UN WebTV websiteThe chair of the United Nations Security Council's Daesh and Al-Qaeda Sanctions Committee has cautioned that the... [...]

CM Afridi clarifies remarks on by-poll after ECP requests army deployment

November 20, 2025 10:01

Khyber Pakhtunkhwa Chief Minister Sohail Khan Afridi addresses a gathering at Havelian, Abbottabad on November 19, 2025. — Facbook@ImMuhammadSohailAfridiISLAMABAD: Khyber Pakhtunkhwa Chief Minister Sohail Afridi on Thursday issued a clarification concerning his remarks on the NA-18 by-poll,... [...]

Dubai sees 3.2m Pakistani passengers in 2025 as airport sets new milestone

November 20, 2025 6:16

People sit at a coffee shop as they wait for their flight at the Dubai International Airport, in Dubai, United Arab Emirates, April 17, 2024. — ReutersDUBAI: Dubai International Airport handled 3.2 million passengers travelling from Pakistan in the first nine months of 2025, making the... [...]

Security forces kill 23 Indian proxy terrorists in KP's Kurram

November 20, 2025 5:08

Security forces are seen taking position during an operation. — ISPR/FileRAWALPINDI: Amid country's ongoing fight against the menace of terrorism, security forces have neutralised 23 Indian proxy Fitna al-Khawarij terrorists in separate engagements in Khyber Pakhtunkhwa's Kurram... [...]

Pakistan to construct island to boost oil exploration: report

November 19, 2025 6:26

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas United States. — Reuters/FilePakistan's state-owned energy company, Pakistan Petroleum Limited , has announced plans for an artificial island to boost its oil exploration efforts.Islamabad has intensified its... [...]

Russia ready to mediate Pakistan's issues with India, Afghanistan: envoy

November 19, 2025 6:14

Russia's ambassador to Pakistan has extended his country's offer to mediate Islamabad's conflicts with India and Afghanistan, amid strained relations with its neighbouring countries.Islamabad's relations with India have remained tense since the four-day war in May, while the Afghan Taliban regime... [...]

Security forces neutralise four terrorists in KP IBOs

November 19, 2025 5:12

Soldiers ride on a Pakistan Army vehicle in this undated image. — AFP/FileFour terrorists affiliated with Indian proxy, Fitna al-Khawarij, were killed in a series of operations across Khyber Pakhtunkhwa from November 17 to 18, the Inter-Services Public Relations said on Wednesday.An... [...]

Reclassification of 41 candidates on reserved seats goes beyond SC mandate: Justice Mandokhail

November 19, 2025 4:38

Supreme Court's Justice Jamal Khan Mandokhail addresses an event related to Labour Day in Islamabad on May 1, 2025. — Screengrab/YouTube/Geo NewsISLAMABAD: Justice Jamal Khan Mandokhail has released a detailed dissent in the reserved seats case, stating that the ruling on 41 candidates... [...]

Trump heads to Michigan after Obama rallies Democrats: What to know

October 25, 2026 11:30

Trump heads to Michigan after Obama rallies Democrats: What to knowOn Sunday, US President Donald Trump will rally Republicans in eastern Michigan-a day after former President Barack Obama campaigned for Democrats in the state highlighting its importance ahead of next week’s midterm... [...]

11 Shot, including minors, in shooting near Florida A&M University in Tallahassee

October 25, 2026 8:32

11 Shot, including minors, in shooting near Florida A&M University in TallahasseeA shooting near the Florida A&M University campus in Tallahassee left 11 people with gunshot wounds and a 12th person injured during an altercation. Near the FAMU campus on Perry Street, close to Bragg... [...]

China calls on US to drop proposed expansion of outbound investment restrictions

October 24, 2026 7:46

China calls on US to drop proposed expansion of outbound investment restrictionsChina’s Ministry of Commerce on October 24 urged the United States to abandon proposed rules expanding restrictions on American investments in sensitive technologies, warning that the measures could damage... [...]

German chancellor Friedrich Merz calls for unity as he warns of threats facing Germany

October 24, 2026 6:55

German chancellor Friedrich Merz calls for unity as he warns of threats facing GermanyIn a major update, German Chancellor Friedrich Merz warned that Germany is facing "extraordinarily serious challenges" from political extremists at home and persistent hybrid threats from external adversaries,... [...]

Nancy Guthrie case: Reporter recalls strange scene without police tape at her home

October 24, 2026 6:31

Nancy Guthrie case: Reporter recalls strange scene without police tape at her homeWhen the authorities arrived at Nancy Guthrie's home in the wake of her disappearance, according to a reporter present there at the time, he said the crime scene was not cordoned off.Andrew Christiansen, a reporter... [...]

France deploys 70,000 police to try to contain nationwide protests

October 24, 2026 4:35

France deploys 70,000 police to try to contain nationwide protests Demonstrators took to the streets of France on Saturday under the watch of 70,000 police officers, with unrest appearing markedly less severe than a week earlier despite scattered confrontations in several cities.Tens... [...]

Trump foreign policy hits voters in the pocketbook, threatening GOP majorities ahead of midterms

October 24, 2026 4:10

Trump foreign policy hits voters in the pocketbook, threatening GOP majorities ahead of midtermsAs United Nations midterm elections approach near, President Donald Trump’s international and economic strategies, particularly his sweeping tariffs and involvement in overseas conflicts, are... [...]

King orders iron fist response to deadly church attack in Jordan

October 24, 2026 3:14

Jordan's King Abdullah ordered security forces on ‌Saturday to respond with an "iron fist" as authorities searched for gunmen who opened fire and killed nine people during a church funeral service.According to Reuters news agency, the assailants fired for several minutes in broad daylight at... [...]

China urges US to halt expansion of outbound investment curbs

October 24, 2026 3:10

China urges US to halt expansion of outbound investment curbsThe Chinese commerce ministry requested that the US halt the expansion of outbound investment limits on Saturday, arguing that the proposed policy on sensitive technology threatens to disrupt commerce.On Thursday, the US Treasury... [...]

US announces 'American-made' seafood labeling initiative to support domestic fishermen

October 24, 2026 2:38

US announces ‘American-made’ seafood labeling initiative to support domestic fishermenThe United States is introducing a dedicated labeling initiative for domestic seafood, administration officials announced, aiming to bolster local fisheries and provide shoppers with clearer origin... [...]

Mona Lisa off limits as Paris museums shut amid protest fears

October 24, 2026 2:34

Mona Lisa off limits as Paris museums shut amid protest fears On Saturday, disappointed tourists leaned in to look through the Louvre’s locked gates, shut off from the Mona Lisa as art spaces and museums throughout Paris closed preventatively ahead of new protests.The shutdowns occurred... [...]

Stand-up comic slams media double standard over Lindsay Clancy case

October 24, 2026 1:07

Stand-up comic slams media double standard over Lindsay Clancy caseIn the wake of the murder trial of Lindsay Clancy, Jimmy Carr – a British stand-up comedian – questioned the double standards he believed the press has when it comes to criminal acts – in this case, killing three... [...]

France closes metro stations, tourist sites as 70,000 police prepare for mass protests

October 24, 2026 11:35

France closes metro stations, tourist sites as 70,000 police prepare for mass protests France has shut down metro stations, tourists sites and various shops in the midst of deploying 70,000 police to deal with mass protests and possible riots stemming from the planned demonstrations. French... [...]

SpaceX restores high-speed Starlink connections above 400 km/h in Ukraine

October 24, 2026 10:16

SpaceX restores high-speed Starlink connections above 400 km/h in UkraineSpaceX has restored high-speed satellite connectivity in Ukraine, with Starlink terminals reportedly maintaining stable connections at speeds exceeding 400 km/h, Ukrainian Defense Minister Yevhenii Khmara confirmed to... [...]

Russia and Ukraine agree to ceasefire, plan November peace talks: What we know so far

October 24, 2026 8:49

Russia and Ukraine agree to ceasefire, plan November peace talks: What we know so farRussia and Ukraine have agreed to a localized ceasefire in the Russian-occupied town of Oleshky, located across the Dnipro River from Kherson, to address a severe humanitarian crisis.Both countries said on Friday,... [...]

کراچی: چھوٹی عمر کے لڑکوں کے ذریعے جیب کتروں کے گروہ سرگرم

October 25, 2026 9:10

—فائل فوٹوکراچی میں چھوٹی عمر کے لڑکوں کے ذریعے جیب کتروں کے گروہ سرگرم ہوگئے ہیں۔گلشن حدید میں بابِ رحمت مسجد کے قریب شہری کی جیب سے... [...]

ایمرجنسی اور گورنر راج کو 14 دن ہوگئے، حکومت نے کوئی وژن نہیں دیا: شوکت یوسفزئی

October 25, 2026 8:10

شوکت یوسفزئی—فائل فوٹوتحریک انصاف خیبرپختونخوا کے سیکریٹری اطلاعات شوکت یوسفزئی کا کہنا ہے کہ ایمرجنسی اور گورنر راج کو 14 دن... [...]

گوجرانوالہ: دولہا دلہن کی گاڑی پر فائرنگ، دلہن جاں بحق

October 25, 2026 8:10

—فائل فوٹوگوجرانوالہ میں سمن آباد چُنگی کے قریب ولیمے کی تقریب میں جاتے ہوئے دولہا دلہن کی گاڑی پر فائرنگ کے نتیجے میں دلہن جاں بحق... [...]

نائب وزیرِ اعظم اسحاق ڈار سے چینی سفیر کی ملاقات

October 25, 2026 7:10

—فائل فوٹونائب وزیرِ اعظم اسحاق ڈار سے چینی سفیر جیانگ زی ڈونگ نے ملاقات کی جس میں علاقائی صورتِ حال پر تبادلہ خیال کیا گیا۔ترجمان... [...]

بلوچستان: سیکیورٹی فورسز کا آپریشن، فتنہ الخوارج کا کمانڈر ہلاک

October 25, 2026 6:10

— فائل فوٹوسیکیورٹی فورسز نے بلوچستان میں آپریشن ردالفتنہ 3 کے تحت قلعہ سیف اللّٰہ میں انٹیلی جنس بیسڈ آپریشن کر کے فتنہ الخوارج کے... [...]

کراچی: اسٹریٹ کرائم میں ملوث 2 ملزمان گرفتار

October 25, 2026 5:10

— فائل فوٹوکراچی میں پولیس نے مقابلے کے بعد زخمی سمیت 2 ملزمان کو گرفتار کرلیا۔پولیس حکام کے مطابق جہانگیر روڈ کے قریب پولیس اور... [...]

کراچی سے سانگھڑ جانے والی مسافر بس اور کار کی ٹکر، 5 افراد جاں بحق

October 25, 2026 5:10

— فائل فوٹوسانگھڑ کے علاقے ٹنڈوآدم جھول روڈ پر مسافر بس اور کار کے درمیان تصادم کے نتیجے میں 5 افراد جاں بحق اور 3 شدید زخمی ہو... [...]

کراچی: خاتون کو قتل کرنیوالا ملزم گرفتار، مقتولہ اور اسکے بچوں کے موبائل فونز برآمد

October 25, 2026 5:10

— فائل فوٹوکراچی کے علاقے لیاقت آباد میں پولیس نے سویرا نامی خاتون کے قتل میں ملوث نامزد ملزم کو گرفتار کر کے آلہ قتل اور مقتولہ... [...]

کراچی میں موسم گرم اور خشک رہنے کا امکان

October 25, 2026 4:10

—فائل فوٹوکراچی میں اگلے 24 گھنٹوں میں موسم گرم اور خشک رہنے کا امکان ہے۔محکمۂ موسمیات کے مطابق شہر کا کم سے کم درجہ حرارت 21 اعشاریہ 5... [...]

حنا جاوید قتل کیس میں انصاف کی فراہمی کے لیے کوئی کسر نہیں چھوڑیں گے: مریم نواز

October 25, 2026 4:10

وزیرِ اعلیٰ پنجاب مریم نواز —فائل فوٹووزیرِ اعلیٰ پنجاب مریم نواز کا کہنا ہے کہ حنا جاوید قتل کیس میں انصاف کی فراہمی کے لیے کوئی... [...]

حنا جاوید کے اہلخانہ کا مریم نواز کو خط، جوڈیشل کمیشن بنانے کا مطالبہ

October 25, 2026 3:10

مقتولہ حنا جاوید کے اہلخانہ نے وزیراعلیٰ پنجاب مریم نواز کو خط لکھ کر تحقیقات کے لیے جوڈیشل کمیشن بنانے کا مطالبہ کر دیا۔خط کے متن کے... [...]

اسحاق ڈار کا گندم مہنگی ہونے پر اظہارِ تشویش

October 24, 2026 8:10

نائب وزیراعظم اسحاق ڈار نے گندم کی قیمتوں میں اضافے پر اظہار تشویش کیا ہے۔انہوں نے وفاقی اور صوبائی حکومتوں کو گندم کی سپلائی بڑھانے... [...]

ڈرگ ٹیسٹنگ میں 6 ادویات کے نمونے جعلی نکل آئے

October 24, 2026 6:10

ڈرگ ٹیسٹنگ لیباریٹری کی رپورٹ میں 6 ادویات کے نمونے جعلی نکل آئے۔رپورٹ کے مطابق ادویات کے نمونوں میں موثر اجزاء موجود نہیں تھے جبکہ... [...]

پاکستان نے افغان طالبان حکومت کے بیانات کا نوٹس لے لیا

October 24, 2026 5:10

وزارت اطلاعات و نشریات نے افغان طالبان حکومت کے بیانات پر ردعمل دے دیا اور کہا کہ پاکستانی سیکیورٹی اداروں کو الزام دینے سے افغان... [...]

عدالتی احکامات، پابندی کے باوجود زیرِ تعمیر مہران ہائی وے پر ہیوی ٹریفک رواں دواں

October 24, 2026 5:10

عدالتی احکامات اور پابندی کے باوجود زیرِ تعمیر مہران ہائی وے پر ہیوی ٹریفک رواں دواں، سڑک پر جگہ جگہ تعمیراتی سامان، کچے راستے... [...]

دبئی میں غلط جگہ سے سڑک پار کرنے پر 400 درہم جرمانہ ہوگا، پولیس کی وارننگ

October 25, 2026 10:10

— فائل فوٹودبئی پولیس نے غلط جگہ سے سڑک پار کرنے والوں کو متنبہ کردیا۔پولیس کی جانب سے وارننگ جاری کی گئی ہے کہ دبئی میں غلط جگہ سے... [...]

ایرانی قوم امریکا سے مرعوب نہیں ہوگی، باقر قالیباف

October 25, 2026 9:10

— فائل فوٹوایران کی پارلیمنٹ کے اسپیکر باقر قالیباف نے کہا ہے کہ ایرانی قوم امریکا سے مرعوب نہیں ہوگی۔اپنے ایک بیان میں انہوں نے کہا... [...]

اوباما نے ایران کو اربوں ڈالرز دیے اور جوہری ہتھیار بنانے کی راہ فراہم کی: ڈونلڈ ٹرمپ

October 25, 2026 7:10

امریکی صدر ڈونلڈ ٹرمپ—فائل فوٹوامریکی صدر ڈونلڈ ٹرمپ نے سابق صدر اوباما کی تنقید پر ردعمل کا اظہار کرتے ہوئے کہا ہے کہ اوباما... [...]

ایران کا امریکی ڈرون مار گرانے کا دعویٰ

October 25, 2026 7:10

—فائل فوٹوایران نے امریکی ڈرون مار گرانے کا دعویٰ کیا ہے۔اس حوالے سے ایرانی فوج کا کہنا ہے کہ ایرانی شہر بندر عباس کی فضائی حدود میں... [...]

امریکی ریاست فلوریڈا میں فائرنگ سے 12 افراد زخمی

October 25, 2026 6:10

—تصویر بشکریہ غیر ملکی میڈیاامریکی ریاست فلوریڈا کے شہر ٹیلاہاسی میں فائرنگ سے 12 افراد زخمی ہوگئے۔امریکی پولیس حکام کا کہنا ہے کہ... [...]

ہم مذاکرات کر رہے تھے، امریکیوں نے سب برباد کیا: ایرانی صدر

October 25, 2026 5:10

—فائل فوٹوایران کے صدر مسعود پزشکیان نے اسلام آباد مفاہمتی یادداشت پر عملدرآمد کی نئی کوشش پر زور دیا ہے۔ایرانی صدر نے امریکی صدر... [...]

ایران پر حملہ کل ہی ہو سکتا ہے: امریکی صدر

October 25, 2026 5:10

امریکی صدر ڈونلڈ ٹرمپ—فائل فوٹوامریکی صدر ڈونلڈ ٹرمپ کا کہنا ہے کہ ایران پر حملہ کل ہی ہوسکتا ہے، یہ بھی ہو سکتا ہے کہ کوئی بڑا... [...]

اوباما نے ٹرمپ کا ایران جنگ کا بیانیہ مسترد کر دیا

October 25, 2026 5:10

—فائل فوٹوسابق امریکی صدر بارک اوباما نے امریکی صدر ٹرمپ کا ایران جنگ کا بیانیہ مسترد کردیا۔ بارک اوباما نے ڈونلڈ ٹرمپ کو تاریخی... [...]

یورپ کے کئی ممالک میں مہنگائی کے خلاف مظاہرے

October 25, 2026 1:10

اسکرین گریبمہنگائی، بے روزگاری اور حکومتی پالیسیوں کے خلاف یورپ کے کئی ممالک میں مظاہرے ہوئے۔اٹلی کے دارالحکومت روم میں مظاہرین ... [...]

ریاض میں ایک ڈرون کو تباہ کر دیا، فوجی اتحاد

October 24, 2026 11:10

فائل فوٹوسعودی فوجی اتحاد نے کہا ہے کہ ریاض کے علاقے میں ایک ڈرون کو تباہ کر دیا۔طائف اور ینبع کی طرف حوثیوں کی جانب سے داغے گئے دو... [...]

امریکا نے سعودیہ سے کچھ سفارتی عملہ واپس بلالیا

October 24, 2026 9:10

امریکا نے سعودی عرب میں غیر ہنگامی سفارتی عملے اور اہلِ خانہ کو فوری روانگی کا حکم دے دیا۔اردن، قطر، متحدہ عرب امارات اور لبنان میں... [...]

امریکا ایران کے خلاف ممکنہ حملے کی تیاری کر رہا ہے، امریکی جریدہ

October 24, 2026 8:10

فائل فوٹوامریکی جریدے نے اپنی رپورٹ میں کہا ہے کہ امریکا ایران کے خلاف ممکنہ حملے کی تیاری کر رہا ہے۔امریکی جریدے کے مطابق امریکا کی... [...]

بھارت: اسکوٹر کھڑی کرنے کے تنازع پر دوست نے دوست کو فائرنگ کرکے قتل کر دیا

October 24, 2026 6:10

مقتول امیت سبھروال۔ فوٹو: بھارتی میڈیابھارتی ریاست پنجاب کے شہر امرتسر میں 27 سالہ نوجوان کو اس کے گھر کے باہر گولی مار کر قتل کر دیا... [...]

عراقی انفلوئنسر نے بغداد کی خستہ حالی کو بھارت سے تشبیہ دیدی

October 24, 2026 5:10

تصویر، سوشل میڈیاعراق میں سوشل میڈیا انفلوئنسر علی ریدھا نے دارالحکومت بغداد کے خستہ حال انفرااسٹرکچر، خراب ٹریفک نظام اور صفائی کے... [...]

دہلی: 12ویں جماعت کی طالبہ نے خود پر پیٹرول چھڑک کر آگ لگالی

October 24, 2026 2:10

فائل فوٹو بھارتی دارالحکومت دہلی کے ضلع شاہدرہ کے علاقے کرشنا نگر میں 12ویں جماعت کی 17 سالہ طالبہ اسکول کے اندر جھلس کر ہلاک... [...]

کوئٹہ: مقررہ نرخ سے زائد پر آٹا فروخت کرنے پر 7 ڈیلرز گرفتار

October 25, 2026 6:10

—فائل فوٹوکوئٹہ میں مقررہ نرخ سے زائد پر آٹا فروخت کرنے پر 7 آٹا ڈیلرز کو گرفتار کر لیا گیا۔ضلعی انتظامیہ نے بلوچستان کے دارالحکومت ... [...]

ایل پی جی کے بعد آٹا، گوشت، سبزیوں اور دالوں کی قیمتوں میں بھی اضافہ

October 24, 2026 8:10

ایل پی جی کی قیمتوں میں اضافے کے بعد ملک میں مہنگائی کا نیا طوفان آگیا، آٹا، گوشت، سبزیاں اور دالیں سب کی قیمتیں بڑھنے لگیں۔ کئی... [...]

پاکستانی ٹیکسٹائل صنعت پائیداری اور عالمی معیار میں پیش رفت کر رہی ہے، برطانوی ہائی کمشنر

October 24, 2026 4:10

تصویر سوشل میڈیا۔برطانوی ہائی کمشنر جین میریٹ نے لاہور میں آل پاکستان ٹیکسٹائل ملز ایسوسی ایشن کے عہدیداروں سے ملاقات کی۔اس موقع... [...]

سونا مزید سستا ہو گیا

October 24, 2026 10:10

—فائل فوٹوملک میں سونے کی قیمت میں آج مزید کمی ہو گئی۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق 2500 روپے کی کمی کے بعد... [...]

طیاروں کا فیول، لائٹ ڈیزل آئل اور مٹی کا تیل مہنگا

October 24, 2026 9:10

—فائل فوٹوطیاروں کا فیول، لائٹ ڈیزل آئل اور مٹی کا تیل مہنگا کر دیا گیا، قیمتوں میں اضافے کا اطلاق آج سے کیا گیا ہے۔طیاروں کے ایندھن... [...]

عالمی معیشت بے یقینی کی صورتِ حال کا شکار ہے: وزیرِ خزانہ

October 24, 2026 7:10

وزیرِ خزانہ محمد اورنگزیب—اسکرین گریبوزیرِ خزانہ محمد اورنگزیب کا کہنا ہے کہ عالمی معیشت بے یقینی کی صورتِ حال کا شکار ہے۔لاہور میں... [...]

کوئٹہ: مرغی کا گوشت 50 روپے کلو مہنگا

October 24, 2026 7:10

—فائل فوٹوکوئٹہ میں 600 روپے فی کلو فروخت ہونے والا مرغی کا گوشت اب 50 روپے اضافے کے بعد 650 روپے فی کلو میں فروخت ہو رہا ہے۔ماکیٹ ذرائع... [...]

پاکستان اسٹاک ایکسچینج: کاروباری ہفتے میں منفی رجحان رہا

October 24, 2026 4:10

—فائل فوٹوپاکستان اسٹاک ایکسچینج کی ہفتہ وار اپ ڈیٹ کے مطابق کاروباری ہفتے کے دوران منفی رجحان رہا۔پاکستان اسٹاک ایکسچینج میں رواں... [...]

پیٹرول کی قیمت برقرار، ڈیزل مہنگا کردیا گیا

October 23, 2026 6:10

وفاقی حکومت نے پیٹرولیم مصنوعات کی نئی قیمتوں کا اعلان کردیا۔ڈیزل کی قیمت میں 1روپیہ 91 پیسے فی لیٹر اضافہ کردیا گیا، جبکہ پیٹرول کی... [...]

پی ایس ایکس میں کاروبار کا منفی دن رجحان، 100 انڈیکس 1549 پوائنٹس گرگیا

October 23, 2026 4:10

پاکستان اسٹاک ایکسچینج میں کاروبار کا منفی دن رہا۔ سرمایہ کاروں کی توجہ آئندہ ہفتے مانیٹری پالیسی اجلاس اور مشرقِ وسطیٰ صورتحال سے... [...]

سونے کی قیمت میں بڑی کمی، فی تولہ سوا چار لاکھ سے نیچے آگیا

October 23, 2026 11:10

فوٹو: فائلملک میں تولہ سونے کی قیمت میں آج 7000 روپے کی بہت بڑی کمی ہوگئی۔ آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق اس... [...]

مہنگائی کی شرح میں ہفتہ وار 0.65 فیصد اضافہ

October 23, 2026 8:10

---فائل فوٹوملک میں ہفتہ وار بنیادوں پر مہنگائی کی شرح میں 0.65 فیصد اضافہ ریکارڈ کیا گیا ہے، جبکہ سالانہ بنیادوں پر مہنگائی بڑھنے کی... [...]

ملک بھر میں مہنگائی بے قابو، ایل پی جی، آٹا اور گوشت عوام کی پہنچ سے دور

October 23, 2026 6:10

---فائل فوٹوحکومتی وعدوں اور دعوؤں کے باوجود ملک بھر میں مہنگائی پر قابو نہ پایا جا سکا، ایل پی جی، آٹا، مرغی کے گوشت، مٹن، بیف اور... [...]

ٹرمپ کا امریکی تیل کی پیداوار بڑھانے کیلئے ڈیفنس پروڈکشن ایکٹ نافذ کرنے کا اعلان

October 23, 2026 6:10

— فائل فوٹوامریکی صدر ڈونلڈ ٹرمپ نے پیٹرولیم کی پیداوار، تیل صاف کرنے اور اس سے متعلقہ سرگرمیوں کو قومی دفاع کے لیے ضروری قرار دے... [...]

پی ایس ایکس 100 انڈیکس 2006 پوائنٹس کم ہوگیا

October 22, 2026 5:10

ملک میں مہنگائی کی نئی لہر کے سبب پاکستان اسٹاک ایسکچینج کے سرمایہ کاروں کی توجہ 26 اکتوبر کے مانیٹری پالیسی اجلاس پر مرکوز رہی۔ پی... [...]

Why economic health no longer dictates stock-market returns

October 25, 2026 12:00

There is a wide disconnect between Wall Street and Main Street, and AI could drive them even further apart [...]

Here’s the real signal to watch for the Fed’s next move

October 25, 2026 11:30

Investors should focus not on the rate itself, but on where financial conditions are [...]

My father-in-law, 81, sold his $75,000 home to pay his daughter’s $50,000 debt. How can I keep him from becoming destitute?

October 24, 2026 8:15

“Nothing has been set aside for his needs.” [...]

‘She’s living the dream’: My stepmother said I can buy my childhood home for $850,000. Is she taking advantage of me?

October 24, 2026 8:00

“My late father bought our house for $250,000 in the 1990s.” [...]

My husband wants to sell our $1.5 million home and invest the proceeds. But this is where we raised our kids — and I can’t bear to leave.

October 24, 2026 7:45

“He wants to buy something for $600,000 now that we are empty-nesters.” [...]

Young Americans are giving up on car ownership. It’s a path to financial freedom for some.

October 24, 2026 6:45

With vehicle prices soaring and ownership increasingly out of reach, some young adults are discovering that life without a car leaves them with breathing room to spend on other things. [...]

I’m 58 and hate annuities. How can I get dependable income in retirement?

October 24, 2026 6:03