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Pakistan can triple incomes by 2050 with faster reforms: World Bank
October 22, 2026 9:48
Pakistan can triple incomes by 2050 with faster reforms: World Bank

Faster structural reforms could triple Pakistan’s incomes by 2050, the World Bank Group said in its latest Pakistan Development Update: Attaining Escape Velocity. Following progress with macroeconomic stabilisation, Pakistan now has the opportunity for faster and sustained economic growth and job creation, the global lender said on Thursday. According to the World Bank, sound macroeconomic policies over recent years have helped stabilise the economy and preserve growth, despite the impacts of the Middle East conflict. “Real GDP growth increased to 3.7% in FY26 from 3.2% in FY25. Revenue growth and expenditure restraint supported record primary fiscal surpluses, reaching 2.9% of GDP in FY26, while strong remittances allowed for the re-accumulation of foreign exchange reserves,” said the World Bank. These improvements were recognised with upgrades from two major international rating agencies (S&P and Moody’s), and allowed Pakistan’s return to international debt markets, with the issuance of a US$3 billion Eurobond. “Pakistan has made real progress in restoring stability, and markets have taken notice,” said Bolormaa Amgaabazar, World Bank Country Director for Pakistan. “But real per capita growth - the rate at which the income of the average Pakistani increases - remains stuck at around 1.6%. Reforms to drive faster growth are now urgently needed.” The report finds that such growth is possible if Pakistan follows the path taken by other successful countries in pursuing ambitious economic reforms. “Reforms that upgrade policies and institutions to the quality seen in the average middle-income country could drive sustained growth of up to 6.2–6.9% /annum, sufficient for Pakistan to reach Viet Nam’s current level of income by 2050,” it said. “With macro stabilisation achieved but fiscal resources and foreign exchange still tightly constrained, structural reform to encourage private investment is the necessary next step towards higher living standards” said Sebastian Essl, lead author of the report. “Achieving this kind of private-sector led growth requires a plan, coordination, and committed reform implementation.” The report highlighted a set of ambitious reforms that could help Pakistan reach, by 2050, the per capita incomes of countries currently at the upper-middle income threshold. Many of these build on measures already under way, including timely power sector tariff adjustments that helped cut energy subsidies from 1.1% of GDP in FY25 to 0.8% in FY26, continued implementation of trade liberalisation under the National Tariff Policy, and the recent privatisation of Pakistan International Airlines. “Building on these foundations, sustained progress will depend on continued reforms to strengthen the business environment, reform the tax system, reduce the state’s presence in the economy, and expand access to finance,” the World Bank said. [...]

Barclays bank to cut about 5,000 jobs amid AI drive
October 22, 2026 9:02
Barclays bank to cut about 5,000 jobs amid AI drive

LONDON: British bank Barclays announced Thursday plans to cut around 5,000 jobs, or roughly five percent of its global workforce, by the end of 2026 in an AI efficiency drive. The announcement came alongside an earnings update that showed Barclays’ net profit grew 13 percent in the third quarter. Barclays upgrades Pakistan sovereign debt to ‘overweight’: Bloomberg Barclays said it was implementing “organisational simplification and technology change efficiency driven by AI”. “About 60 percent of the job losses relate to support functions, including fewer developers as AI makes our people more productive,” it added. [...]

Thai baht/US dollar weaker on Thursday
October 22, 2026 8:08
Thai baht/US dollar weaker on Thursday

BANGKOK: The Thai baht weakened against the US dollar on Thursday. At 0155 GMT, the baht was 0.15% lower at 33.61 versus the dollar, after trading in a range of 33.580 to 33.650. It ended the previous session at 33.56 per dollar, as per LSEG data. [...]

South Korea's KOCOPIA tenders for about 55,000 tons corn, traders say
October 22, 2026 8:05
South Korea's KOCOPIA tenders for about 55,000 tons corn, traders say

HAMBURG: South Korea’s Korea Corn Processing Industry Association has issued an international tender to purchase about 55,000 metric tons of optional-origin corn, European traders said on Thursday. The deadline for submission of price offers in the tender is also Thursday, October 22. The corn is sought for arrival in South Korea around February 15, 2027. Taiwan’s MFIG buys estimated 65,000 tons of corn from Brazil The corn can be sourced from the United States, Brazil, Argentina, South Africa or Europe. [...]

South African rand pressured by rising oil prices as investors weigh budget review
October 22, 2026 8:03
South African rand pressured by rising oil prices as investors weigh budget review

JOHANNESBURG: The South African rand weakened in early trade on Thursday, pressured by rising oil prices as investors continued to assess the government’s mid-year budget review, which included two months of temporary fuel tax relief. At 0649 GMT the rand traded at 16.45 against the dollar , roughly down 0.5% from its previous close. Oil prices rose more than $1 a barrel on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to supplies from the Middle East. South Africa imports most of its fuel, leaving it vulnerable to swings in global energy prices. Its regulated petrol price rose about 5% in September before surging 12% in October. The government will reintroduce temporary fuel levy cuts for two months from November, Finance Minister Enoch Godongwana said on Wednesday, in a 10 billion rand ($608 million) effort to ease cost-of-living pressures South Africa’s benchmark 2035 government bond strengthened in early deals, as the yield fell three basis points to 8.56%. [...]

Audi gets new China leadership to face bruising competition
October 22, 2026 8:01
Audi gets new China leadership to face bruising competition

BERLIN: Volkswagen’s premium subsidiary Audi announced a shake-up in its China leadership on Thursday amid tough competition and falling sales in the world’s largest auto market. Jeff Zhang, who most recently served as vice president and CEO of Chinese auto group Chery, will take on the role of Audi China president on November 1. He replaces Johannes Roscheck, who will return to Germany having overseen “a period of profound transformation” for Audi in China, CEO Gernot Doellner said. Audi’s sales in China have been in freefall as the brand, together with parent Volkswagen and fellow subsidiary Porsche, struggle to keep pace in a rapid shift to EVs led by low-cost local brands. Once a highly profitable market for the group, China’s shift away from Western carmakers has prompted Volkswagen to initiate the most dramatic restructuring in its history. Volkswagen third quarter deliveries fall on plummeting China demand Zhang will lead Audi’s China business together with Rolf Michl, appointed Chief Operating Officer of Audi China from November 1, 2026. He formerly served as managing director of Audi Sport GmbH. “Our goal is to execute our strategy consistently, respond even faster to our customers’ needs and sustainably strengthen our competitiveness,” Doellner said. [...]

Oil jumps $2 on escalating Middle East tension
October 22, 2026 7:59
Oil jumps $2 on escalating Middle East tension

SINGAPORE: Oil prices rallied over $2 a barrel on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to crude supplies from the world’s key exporting region. Brent crude futures climbed$2.82, or 2.59%, to $111.64 a barrel at 0626 GMT, close to a five-month high. US West Texas Intermediate crude gained $2.24, or 2.31%, to $99.39. Two killed after drone intercepted near Saudi Aramco’s Shaybah oilfield; injured includes one Pakistani “Oil prices remain well bid, with ICE Brent back above $110 per barrel this morning following additional deadly attacks on Saudi Arabia,” ING analysts said in a note on Thursday. The US State Department plans to withdraw family members from a number of other US missions in the region, US officials told Reuters. Yemen’s Houthis struck several targets on Wednesday with at least one person killed and eight more wounded at a civilian airport in Dammam, and two people killed in a drone attack on a Saudi oil field. Reopening of Hormuz: Araghchi submits conditions to Witkoff Explosions were also heard in Sirik in southern Iran, Iranian media reported on Wednesday, saying the nature and origin of the explosions were unknown. Iran’s Islamic Revolutionary Guard Corps Navy said on Thursday that four vessels involved in illegal oil transfers in the northern Persian Gulf were simultaneously hit and caught fire after being tracked by its forces on Wednesday. The IRGC added that three more vessels collided with mines west of the Strait of Hormuz, and warned the US military that continued provocations could lead to a wider response against its regional bases. Supply disruption continued to impact global inventories. Iran president says Tehran wants return to memorandum with US US crude stocks fell by 3.06 million barrels to 412.5 million barrels last week, the US Energy Information Administration said on Wednesday, compared with analysts’ expectations in a Reuters poll for an 820,000-barrel draw. Distillate stockpiles, which include diesel and heating oil, rose 1.68 million barrels in the week to 104.3 million barrels, versus expectations for a 1.16 million-barrel drop, EIA data showed. The Trump administration is offering to loan up to nearly a third of the 1-million-barrel US emergency heating oil reserve, the Department of Energy said on Wednesday, seeking to contain prices that have surged on diesel shortages due to the wars in Iran and Ukraine. Houthi attack kills 53 at Yemen government training camp, officials say Meanwhile, Russian President Vladimir Putin hosted US Special Envoy Steve Witkoff in St Petersburg on Wednesday for talks on ending the war in Ukraine amid Washington’s latest push to stop Europe’s bloodiest conflict since World War Two. The Kremlin said Putin had agreed to resume US-mediated peace talks with Ukraine as soon as next month. Iran’s Guards claim strikes against Oman and Bahrain Ukrainian President Volodymyr Zelenskiy said he supported the talks and hoped they would start as soon as possible. [...]

PSX: selling at bourse, KSE-100 sheds over 1,400 points
October 22, 2026 7:41
PSX: selling at bourse, KSE-100 sheds over 1,400 points

Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 1,400 points during trading on Thursday. At 12:35pm, the benchmark index was hovering at 164,506.27, down 1,424.71 points or 0.86%. Key sectors saw selling, including automobile assemblers, cement, oil and gas exploration companies, OMCs, power generation, and refineries. Index-heavy stocks, including ARL, HUBCO, MARI, OGDC, PPL, PSO, SSGC, SNGPL, HBL and UBL, traded in the red. On Wednesday, PSX rebounded as renewed institutional buying, optimism over diplomatic efforts to resolve the US–Iran conflict and expectations surrounding the draft Auto Policy 2026–31 lifted the index. The KSE-100 Index gained 779.34 points, or 0.47%, to close at 165,930.99 points. Globally, Asian stocks struggled to stay above water in early trade ​on Thursday, as tech earnings optimism provided only fleeting support amid lingering concerns over AI ‌and uncertainty in the Gulf. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2%, on track for a fourth straight week of decline. Japan’s Nikkei stock index gave up earlier gains to trade 0.4% lower, while Korean shares were ​down more than 1%. US stock futures, the S&P 500 e-minis, were down 0.4% at 7,765.8. ​Overnight, the tech-heavy Nasdaq led Wall Street to a higher close as better-than-expected earnings ⁠reports from market heavyweights helped ease some concerns over the sustainability and profitability of massive AI build-outs. SpaceX posted its first profit as a public company, Meta reported third-quarter revenue that beat expectations, while AI ​server maker Super Micro forecast quarterly revenue and profit margin that both topped estimates. However, Meta’s plan to issue non-voting Class C common stock drew renewed scrutiny on AI spending. This is an intraday update [...]

Nokia profit doubles in 3rd quarter on AI spending
October 22, 2026 7:20
Nokia profit doubles in 3rd quarter on AI spending

HELSINKI: Finnish telecoms equipment maker Nokia said Thursday profit almost doubled in the third quarter, boosted by investment in AI. Profit in the quarter rose to 156 million euros ($175 million) from 80 million in the same period the year before, while sales rose 10 percent to 5.2 billion euros, beating analyst expectations. The company said sales to artificial intelligence and cloud-networking clients rose 123 percent in the quarter from a year earlier. “Nokia’s strengths are uniquely suited to meet growing demands for AI infrastructure that is larger, more distributed and hyperconnected,” chief executive Justin Hotard said in a statement. “We are investing where we can differentiate and co-innovate with hyperscalers,” he added, citing Google’s 13-billion-euro investment to build a data centre in Finland. Operating profit was 605 million euros, up 35 percent from 448 million a year earlier, exceeding expectations of analysts, who had forecast 462 million euros. [...]

Copper falls as rising inventories cool supply worries
October 22, 2026 7:16
Copper falls as rising inventories cool supply worries

SINGAPORE: Copper prices fell on Thursday as inflows into London Metal Exchange warehouses relieved some supply fears, even though regional supply bottlenecks persisted outside the US. Benchmark three-month copper on the LME was down 0.44% at $14,293.5 a metric ton by 0300 GMT. The most-traded copper contract on the Shanghai Futures Exchange fell 0.67% to 109,000 yuan ($16,331.79) a ton. Total copper stocks in LME-registered warehouses have increased for three consecutive days. On Wednesday, 13,525 tons of copper were delivered into warehouses, exchange data showed. Unlike in the previous two days when deliveries were concentrated in the US, Wednesday’s inflows were more dispersed and came into South Korea, the US, the Netherlands, and other locations, analysts from Chinese broker Galaxy Futures wrote in a note. Stocks have been pulled into the US for much of the year so far as traders attempted to head off potential import tariffs on the red metal, supporting prices. High regional premiums, paid on top of LME prices, nonetheless underscore expectations of regional shortages. Chile’s Codelco is offering its European customers copper at a record high premium of $350 a ton, while Germany’s Aurubis has also set its premium at a record high for next year. The Yangshan copper premium - a gauge of China’s appetite for imported copper - rose to $148 a ton on Wednesday, its highest since October 2022. And the LME cash-to-three-month spread was at a backwardation of $116.34 a ton on Wednesday, suggesting tight near-term availability. Among other LME metals, aluminium lost 0.59%, zinc lost 0.68%, lead lost 0.65%, nickel lost 1.01% and tin lost 1.28%. On the SHFE, nickel stood out, gaining 1.46% on unconfirmed prospects of Chinese producers in Indonesia cutting production. Elsewhere on the Chinese exchange, zinc was down 0.02%, lead dipped 0.15% and tin lost 1.29%. [...]

DeepSeek wrapping up $15 billion fundraising to fuel AI race
October 22, 2026 7:14
DeepSeek wrapping up $15 billion fundraising to fuel AI race

HONG KONG: Chinese AI startup DeepSeek is wrapping up its latest funding round having generated about 100 billion yuan ($14.98 billion) from existing and new investors, two people with knowledge of the matter said on Thursday. Battery maker Contemporary Amperex Technology and WeChat operator Tencent Holdings were among the biggest investors in the round, said one of the people, who both declined to be named as the information was confidential. The fundraising is set to be complete in the coming days, but financial details are not ironclad and could still change, the other person said. DeepSeek, CATL and Tencent could not be immediately reached for comment. On Thursday, Bloomberg first reported, citing sources, that DeepSeek had raised $15 billion in the latest funding round, with CATL and Tencent as its main backers. DeepSeek will have doubled its original fundraising target of 50 billion yuan, underscoring strong interest from investors - many backed by the state and big corporations - as China aims to get ahead in the AI race against the US. The fundraising also signals that DeepSeek is getting closer to tapping public markets. In September, Reuters reported that the company had hired CITIC Securities to prepare for a potential STAR Market initial public offering. Last month, the company released its latest model, DeepSeek-V4.1-Flash, which it said was designed for greater capability, faster inference, higher throughput and scaling to larger models. [...]

Soybeans flat as US harvest pressure weighs; corn firms
October 22, 2026 7:11
Soybeans flat as US harvest pressure weighs; corn firms

BEIJING: Chicago soybeans were little changed on Thursday as harvest pressure weighed on prices, while corn rebounded slightly but remained constrained by expectations of a large crop. Wheat recovered from a more than three-month low hit in the previous session, when optimism over diplomatic efforts to de-escalate the Russia-Ukraine war weighed on prices. [...]

Japan's Nikkei slips as chip shares pressured by AI capex caution
October 22, 2026 7:09
Japan's Nikkei slips as chip shares pressured by AI capex caution

TOKYO: Japan’s Nikkei share average declined on Thursday as chip-sector shares gave back the previous session’s gains, with investors cautious about the outlook for AI-related spending next year. Despite posting overall solid results after Wednesday’s Wall Street close, US chip equipment maker Lam Research shares slipped in extended trading, with Iwai Cosmo Securities analyst Kazuyoshi Saito pointing to worries about demand from China. “In China, there was a rush to procure manufacturing equipment ahead of schedule amid concerns over tighter regulations, and the market seems not to have fully priced in the subsequent payback,” he said. The tech-heavy Nikkei lost 0.8% to 64,128.54 by 0137 GMT, after rallying 0.9% on Wednesday. The broader Topix, by contrast, was flat on Thursday, following the previous day’s 0.9% advance. Services was the best performer among the Tokyo Stock Exchange’s 33 industry groups, gaining 2.2%. Japanese stocks had already had a chance to react to Tuesday’s strong after-market earnings reports from US companies SpaceX and Super Micro Computer, making them vulnerable to profit taking in the latest session, said Wataru Akiyama, an equities strategist at Nomura Securities. “The market is looking out to 2027 and if AI capex will continue, and there’s quite a lot of caution among investors,” he said. Chip-sector shares led the Nikkei lower, with Tokyo Electron down 4.1%, shaving 212 points from the index because of its heavy weighting. Screen Holdings dropped 6% and Lasertec dipped 2.7%. Data-centre cable maker Fujikura lost 3%. AI-focused startup investor SoftBank Group skidded 3.1%. Many other tech names advanced though. Cybersecurity firm Trend Micro jumped 6.6% following the announcement of critical vulnerabilities in the PHP programming language, which spurred several governments in Europe to take their websites offline to protect their systems. IT services provider SHIFT rose 9% to be the Nikkei’s biggest percentage gainer, while IT consultancy BayCurrent up 5.9%. Sony rose 2.6%. [...]

South Korean shares fall on profit taking; BOK in focus
October 22, 2026 7:04
South Korean shares fall on profit taking; BOK in focus

SEOUL: Round-up of South Korean financial markets: South Korean shares fell more than 1% on Thursday on profit-taking pressure in the chip sector, while investors’ focus was on the Bank of Korea’s policy meeting for clues on the growth and policy outlook. The benchmark KOSPI was down 66.34 points, or 1.16%, at 5,669.32 as of 0126 GMT. On Wednesday, the index rose 3.3%, marking the biggest daily gain in six weeks on a rebound in chipmakers. “The market is seen in volatile trading on profit-taking pressure after the previous session’s sharp gains,” said Han Ji-young, an analyst at Kiwoom Securities. The Bank of Korea left its benchmark interest rate unchanged, pausing after back-to-back quarter-point hikes in July and August, although strong chip-driven growth and above-target inflation keep the option of further tightening open. Investors await Bank of Korea Governor Shin Hyun Song’s press conference due to be held at 0210 GMT for clues on further increases in interest rates and the outlook for chip-led economic growth. Chipmaker Samsung Electronics fell 1.34%, while peer SK Hynix lost 1.93%. Among other index heavyweights, battery maker LG Energy Solution slid 3.77%, while Hyundai Motor and sister automaker Kia Corp were down 2.58% and 1.18%, respectively. Of the total 910 traded issues, 322 shares advanced, while 528 declined. Foreigners were net buyers of shares worth 107.4 billion won ($80.97 million). The won was quoted at 1,326.2 per dollar on the onshore settlement platform, 0.02% lower than its previous close at 1,326.0. In money and debt markets, December futures on three-year treasury bonds gained 0.05 point to 103.19. The most liquid three-year Korean treasury bond yield fell by 3.3 basis points to 3.799%, while the benchmark 10-year yield fell by 3.1 basis points to 4.136%.‑Reuters [...]

New Zealand dollar steady as inflation miss leaves hawks unruffled
October 22, 2026 7:01
New Zealand dollar steady as inflation miss leaves hawks unruffled

SYDNEY: The New Zealand dollar held its ground on Thursday as inflation data came in a shade under forecasts, but not enough to shake expectations for a rate hike next week, while the Australian dollar hovered near three-week highs. The figures showed consumer prices rose 0.7% in the third quarter, nudging the annual pace down to 3.7% from 4.1%. However, much of the slowdown reflected a fall in fuel prices that have since rebounded sharply, leaving inflation expected to top 4% again this quarter. Measures of core inflation were also on the high side, leading investors to price in a 100% chance the Reserve Bank of New Zealand will raise its official cash rate a quarter point to 3.0% when it meets on October 28. “We think the RBNZ will regard this as the path of least resistance, and we now expect that they will deliver a hike,” said Satish Ranchhod, a senior economist at Westpac. “Previously, we expected that they would pause and assess, before hiking in December.” Markets also imply further tightening next year to at least 3.75%, well above the RBNZ’s own projection of 3.2%. That helped keep the kiwi dollar steady at $0.5705, after rising 0.3% overnight to a one-month top. Resistance lies around $0.5750, with support at the recent 18-month trough of $0.5566. The Aussie edged up to $0.7035, having risen 0.4% overnight in its fourth consecutive session of gains. A break of $0.7045 would open the way for a return to $0.7140, while major support is down at $0.6895. The currency got a lift on Wednesday when Reserve Bank of Australia Deputy Governor Andrew Hauser warned that the outlook for inflation was “materially worse” than projected given high oil prices and a lack of spare capacity at home. Markets reacted by doubling the probability of a quarter-point rate rise in November to 64%. Rates are already at a 15-year high of 4.6% after four hikes this year. “The RBA continues to see risks to inflation and inflation expectations as tilted to the upside even with the delivered 100bp tightening year-to-date,” said Andrew Boak, an economist at Goldman Sachs. “In our view - absent a downside surprise in third-quarter inflation data - this makes a further hike in November more likely than not.” Goldman had previously expected the RBA to hold at 4.6%. The consumer price report for the third quarter is due next week and analysts suspect core inflation could rise a hefty 1.0%, leaving the annual pace at 3.6% and well above the RBA’s target band of 2% to 3%. [...]

Pakistan’s Interloop to invest $55mn in dairy-processing plant
October 22, 2026 10:15
Pakistan’s Interloop to invest $55mn in dairy-processing plant

Interloop Holdings, a prominent investment and diversified holding company based in Faisalabad, plans to invest $55 million in a new dairy-processing plant in Faisalabad, Punjab, in partnership with Türkiye’s Rella Gıda, aiming to expand value-added production and support exports, the company’s chairman said on Thursday. The investment, equivalent to around Rs15 billion, will be made through IL Foods Limited, Musadaq Zulqarnain said in a post on social media platform X. “The state-of-the-art facility will produce a range of cheeses and butter, as well as Whey Protein Concentrate (WPC80), a high-value protein product,” he said. The company also plans to export part of the production, contributing to Pakistan’s value-added exports. “With the commissioning of this new facility, our combined annual milk processing capacity will reach 180 million litres. “This investment reflects our continued commitment to value addition, technological advancement, import substitution, and the development of Pakistan’s dairy industry,” said the chairman. Talking to Business Recorder, Hamza Gillani, CFO at Interloop Limited, shared that the project will commence commercial production in around 1.5 years. He shared that the investment comes through IL Foods Limited, a newly incorporated company of Interloop. [...]

Pakistan can triple incomes by 2050 with faster reforms: World Bank
October 22, 2026 9:48
Pakistan can triple incomes by 2050 with faster reforms: World Bank

Faster structural reforms could triple Pakistan’s incomes by 2050, the World Bank Group said in its latest Pakistan Development Update: Attaining Escape Velocity. Following progress with macroeconomic stabilisation, Pakistan now has the opportunity for faster and sustained economic growth and job creation, the global lender said on Thursday. According to the World Bank, sound macroeconomic policies over recent years have helped stabilise the economy and preserve growth, despite the impacts of the Middle East conflict. “Real GDP growth increased to 3.7% in FY26 from 3.2% in FY25. Revenue growth and expenditure restraint supported record primary fiscal surpluses, reaching 2.9% of GDP in FY26, while strong remittances allowed for the re-accumulation of foreign exchange reserves,” said the World Bank. These improvements were recognised with upgrades from two major international rating agencies (S&P and Moody’s), and allowed Pakistan’s return to international debt markets, with the issuance of a US$3 billion Eurobond. “Pakistan has made real progress in restoring stability, and markets have taken notice,” said Bolormaa Amgaabazar, World Bank Country Director for Pakistan. “But real per capita growth - the rate at which the income of the average Pakistani increases - remains stuck at around 1.6%. Reforms to drive faster growth are now urgently needed.” The report finds that such growth is possible if Pakistan follows the path taken by other successful countries in pursuing ambitious economic reforms. “Reforms that upgrade policies and institutions to the quality seen in the average middle-income country could drive sustained growth of up to 6.2–6.9% /annum, sufficient for Pakistan to reach Viet Nam’s current level of income by 2050,” it said. “With macro stabilisation achieved but fiscal resources and foreign exchange still tightly constrained, structural reform to encourage private investment is the necessary next step towards higher living standards” said Sebastian Essl, lead author of the report. “Achieving this kind of private-sector led growth requires a plan, coordination, and committed reform implementation.” The report highlighted a set of ambitious reforms that could help Pakistan reach, by 2050, the per capita incomes of countries currently at the upper-middle income threshold. Many of these build on measures already under way, including timely power sector tariff adjustments that helped cut energy subsidies from 1.1% of GDP in FY25 to 0.8% in FY26, continued implementation of trade liberalisation under the National Tariff Policy, and the recent privatisation of Pakistan International Airlines. “Building on these foundations, sustained progress will depend on continued reforms to strengthen the business environment, reform the tax system, reduce the state’s presence in the economy, and expand access to finance,” the World Bank said. [...]

OGDCL initiates hydrocarbon production at Khairpur’s exploratory well
October 22, 2026 9:32
OGDCL initiates hydrocarbon production at Khairpur’s exploratory well

Oil & Gas Development Company Ltd (OGDCL), one of Pakistan’s largest E&P companies, has commenced gas and condensate production from the Bitrism East-1 exploration well in Khairpur, Sindh. The listed company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Thursday. The company said the well is currently producing 7.0 million standard cubic feet per day (MMSCFD) of gas and 200 barrels per day of condensate from the Basal Sands of Lower Goru Formation. “Production is expected to be progressively ramped up as the well flow stabilises,” the company said. OGDCL said it has laid an approximately 28-kilometre, 8-inch flowline using in-house resources to connect the well to the Sinjhoro plant for processing. “The processed gas is now being supplied to the SSGCL network, augmenting indigenous gas supplies.” OGDCL is the operator of the Bitrism Exploration Licence with a 77.5% working interest, in a joint venture with Government Holdings (Pvt) Ltd, which holds the remaining 22.5%. “The commencement of production from Bitrism East-1 reflects OGDCL’s continued focus on bringing discoveries into production, enhancing domestic hydrocarbon supplies and contributing to Pakistan’s energy security,” said the company. OGDCL was incorporated on 23 October 1997 under the Companies Ordinance, 1984. The company was established to undertake exploration and development of oil and gas resources, including production and sale of oil and gas and related activities formerly carried on by Oil and Gas Development Corporation, which was established in 1961. [...]

Barclays bank to cut about 5,000 jobs amid AI drive
October 22, 2026 9:02
Barclays bank to cut about 5,000 jobs amid AI drive

LONDON: British bank Barclays announced Thursday plans to cut around 5,000 jobs, or roughly five percent of its global workforce, by the end of 2026 in an AI efficiency drive. The announcement came alongside an earnings update that showed Barclays’ net profit grew 13 percent in the third quarter. Barclays upgrades Pakistan sovereign debt to ‘overweight’: Bloomberg Barclays said it was implementing “organisational simplification and technology change efficiency driven by AI”. “About 60 percent of the job losses relate to support functions, including fewer developers as AI makes our people more productive,” it added. [...]

Thai baht/US dollar weaker on Thursday
October 22, 2026 8:08
Thai baht/US dollar weaker on Thursday

BANGKOK: The Thai baht weakened against the US dollar on Thursday. At 0155 GMT, the baht was 0.15% lower at 33.61 versus the dollar, after trading in a range of 33.580 to 33.650. It ended the previous session at 33.56 per dollar, as per LSEG data. [...]

South Korea's KOCOPIA tenders for about 55,000 tons corn, traders say
October 22, 2026 8:05
South Korea's KOCOPIA tenders for about 55,000 tons corn, traders say

HAMBURG: South Korea’s Korea Corn Processing Industry Association has issued an international tender to purchase about 55,000 metric tons of optional-origin corn, European traders said on Thursday. The deadline for submission of price offers in the tender is also Thursday, October 22. The corn is sought for arrival in South Korea around February 15, 2027. Taiwan’s MFIG buys estimated 65,000 tons of corn from Brazil The corn can be sourced from the United States, Brazil, Argentina, South Africa or Europe. [...]

South African rand pressured by rising oil prices as investors weigh budget review
October 22, 2026 8:03
South African rand pressured by rising oil prices as investors weigh budget review

JOHANNESBURG: The South African rand weakened in early trade on Thursday, pressured by rising oil prices as investors continued to assess the government’s mid-year budget review, which included two months of temporary fuel tax relief. At 0649 GMT the rand traded at 16.45 against the dollar , roughly down 0.5% from its previous close. Oil prices rose more than $1 a barrel on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to supplies from the Middle East. South Africa imports most of its fuel, leaving it vulnerable to swings in global energy prices. Its regulated petrol price rose about 5% in September before surging 12% in October. The government will reintroduce temporary fuel levy cuts for two months from November, Finance Minister Enoch Godongwana said on Wednesday, in a 10 billion rand ($608 million) effort to ease cost-of-living pressures South Africa’s benchmark 2035 government bond strengthened in early deals, as the yield fell three basis points to 8.56%. [...]

Audi gets new China leadership to face bruising competition
October 22, 2026 8:01
Audi gets new China leadership to face bruising competition

BERLIN: Volkswagen’s premium subsidiary Audi announced a shake-up in its China leadership on Thursday amid tough competition and falling sales in the world’s largest auto market. Jeff Zhang, who most recently served as vice president and CEO of Chinese auto group Chery, will take on the role of Audi China president on November 1. He replaces Johannes Roscheck, who will return to Germany having overseen “a period of profound transformation” for Audi in China, CEO Gernot Doellner said. Audi’s sales in China have been in freefall as the brand, together with parent Volkswagen and fellow subsidiary Porsche, struggle to keep pace in a rapid shift to EVs led by low-cost local brands. Once a highly profitable market for the group, China’s shift away from Western carmakers has prompted Volkswagen to initiate the most dramatic restructuring in its history. Volkswagen third quarter deliveries fall on plummeting China demand Zhang will lead Audi’s China business together with Rolf Michl, appointed Chief Operating Officer of Audi China from November 1, 2026. He formerly served as managing director of Audi Sport GmbH. “Our goal is to execute our strategy consistently, respond even faster to our customers’ needs and sustainably strengthen our competitiveness,” Doellner said. [...]

Oil jumps $2 on escalating Middle East tension
October 22, 2026 7:59
Oil jumps $2 on escalating Middle East tension

SINGAPORE: Oil prices rallied over $2 a barrel on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to crude supplies from the world’s key exporting region. Brent crude futures climbed$2.82, or 2.59%, to $111.64 a barrel at 0626 GMT, close to a five-month high. US West Texas Intermediate crude gained $2.24, or 2.31%, to $99.39. Two killed after drone intercepted near Saudi Aramco’s Shaybah oilfield; injured includes one Pakistani “Oil prices remain well bid, with ICE Brent back above $110 per barrel this morning following additional deadly attacks on Saudi Arabia,” ING analysts said in a note on Thursday. The US State Department plans to withdraw family members from a number of other US missions in the region, US officials told Reuters. Yemen’s Houthis struck several targets on Wednesday with at least one person killed and eight more wounded at a civilian airport in Dammam, and two people killed in a drone attack on a Saudi oil field. Reopening of Hormuz: Araghchi submits conditions to Witkoff Explosions were also heard in Sirik in southern Iran, Iranian media reported on Wednesday, saying the nature and origin of the explosions were unknown. Iran’s Islamic Revolutionary Guard Corps Navy said on Thursday that four vessels involved in illegal oil transfers in the northern Persian Gulf were simultaneously hit and caught fire after being tracked by its forces on Wednesday. The IRGC added that three more vessels collided with mines west of the Strait of Hormuz, and warned the US military that continued provocations could lead to a wider response against its regional bases. Supply disruption continued to impact global inventories. Iran president says Tehran wants return to memorandum with US US crude stocks fell by 3.06 million barrels to 412.5 million barrels last week, the US Energy Information Administration said on Wednesday, compared with analysts’ expectations in a Reuters poll for an 820,000-barrel draw. Distillate stockpiles, which include diesel and heating oil, rose 1.68 million barrels in the week to 104.3 million barrels, versus expectations for a 1.16 million-barrel drop, EIA data showed. The Trump administration is offering to loan up to nearly a third of the 1-million-barrel US emergency heating oil reserve, the Department of Energy said on Wednesday, seeking to contain prices that have surged on diesel shortages due to the wars in Iran and Ukraine. Houthi attack kills 53 at Yemen government training camp, officials say Meanwhile, Russian President Vladimir Putin hosted US Special Envoy Steve Witkoff in St Petersburg on Wednesday for talks on ending the war in Ukraine amid Washington’s latest push to stop Europe’s bloodiest conflict since World War Two. The Kremlin said Putin had agreed to resume US-mediated peace talks with Ukraine as soon as next month. Iran’s Guards claim strikes against Oman and Bahrain Ukrainian President Volodymyr Zelenskiy said he supported the talks and hoped they would start as soon as possible. [...]

PSX: selling at bourse, KSE-100 sheds over 1,400 points
October 22, 2026 7:41
PSX: selling at bourse, KSE-100 sheds over 1,400 points

Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 1,400 points during trading on Thursday. At 12:35pm, the benchmark index was hovering at 164,506.27, down 1,424.71 points or 0.86%. Key sectors saw selling, including automobile assemblers, cement, oil and gas exploration companies, OMCs, power generation, and refineries. Index-heavy stocks, including ARL, HUBCO, MARI, OGDC, PPL, PSO, SSGC, SNGPL, HBL and UBL, traded in the red. On Wednesday, PSX rebounded as renewed institutional buying, optimism over diplomatic efforts to resolve the US–Iran conflict and expectations surrounding the draft Auto Policy 2026–31 lifted the index. The KSE-100 Index gained 779.34 points, or 0.47%, to close at 165,930.99 points. Globally, Asian stocks struggled to stay above water in early trade ​on Thursday, as tech earnings optimism provided only fleeting support amid lingering concerns over AI ‌and uncertainty in the Gulf. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2%, on track for a fourth straight week of decline. Japan’s Nikkei stock index gave up earlier gains to trade 0.4% lower, while Korean shares were ​down more than 1%. US stock futures, the S&P 500 e-minis, were down 0.4% at 7,765.8. ​Overnight, the tech-heavy Nasdaq led Wall Street to a higher close as better-than-expected earnings ⁠reports from market heavyweights helped ease some concerns over the sustainability and profitability of massive AI build-outs. SpaceX posted its first profit as a public company, Meta reported third-quarter revenue that beat expectations, while AI ​server maker Super Micro forecast quarterly revenue and profit margin that both topped estimates. However, Meta’s plan to issue non-voting Class C common stock drew renewed scrutiny on AI spending. This is an intraday update [...]

Nokia profit doubles in 3rd quarter on AI spending
October 22, 2026 7:20
Nokia profit doubles in 3rd quarter on AI spending

HELSINKI: Finnish telecoms equipment maker Nokia said Thursday profit almost doubled in the third quarter, boosted by investment in AI. Profit in the quarter rose to 156 million euros ($175 million) from 80 million in the same period the year before, while sales rose 10 percent to 5.2 billion euros, beating analyst expectations. The company said sales to artificial intelligence and cloud-networking clients rose 123 percent in the quarter from a year earlier. “Nokia’s strengths are uniquely suited to meet growing demands for AI infrastructure that is larger, more distributed and hyperconnected,” chief executive Justin Hotard said in a statement. “We are investing where we can differentiate and co-innovate with hyperscalers,” he added, citing Google’s 13-billion-euro investment to build a data centre in Finland. Operating profit was 605 million euros, up 35 percent from 448 million a year earlier, exceeding expectations of analysts, who had forecast 462 million euros. [...]

Copper falls as rising inventories cool supply worries
October 22, 2026 7:16
Copper falls as rising inventories cool supply worries

SINGAPORE: Copper prices fell on Thursday as inflows into London Metal Exchange warehouses relieved some supply fears, even though regional supply bottlenecks persisted outside the US. Benchmark three-month copper on the LME was down 0.44% at $14,293.5 a metric ton by 0300 GMT. The most-traded copper contract on the Shanghai Futures Exchange fell 0.67% to 109,000 yuan ($16,331.79) a ton. Total copper stocks in LME-registered warehouses have increased for three consecutive days. On Wednesday, 13,525 tons of copper were delivered into warehouses, exchange data showed. Unlike in the previous two days when deliveries were concentrated in the US, Wednesday’s inflows were more dispersed and came into South Korea, the US, the Netherlands, and other locations, analysts from Chinese broker Galaxy Futures wrote in a note. Stocks have been pulled into the US for much of the year so far as traders attempted to head off potential import tariffs on the red metal, supporting prices. High regional premiums, paid on top of LME prices, nonetheless underscore expectations of regional shortages. Chile’s Codelco is offering its European customers copper at a record high premium of $350 a ton, while Germany’s Aurubis has also set its premium at a record high for next year. The Yangshan copper premium - a gauge of China’s appetite for imported copper - rose to $148 a ton on Wednesday, its highest since October 2022. And the LME cash-to-three-month spread was at a backwardation of $116.34 a ton on Wednesday, suggesting tight near-term availability. Among other LME metals, aluminium lost 0.59%, zinc lost 0.68%, lead lost 0.65%, nickel lost 1.01% and tin lost 1.28%. On the SHFE, nickel stood out, gaining 1.46% on unconfirmed prospects of Chinese producers in Indonesia cutting production. Elsewhere on the Chinese exchange, zinc was down 0.02%, lead dipped 0.15% and tin lost 1.29%. [...]

DeepSeek wrapping up $15 billion fundraising to fuel AI race
October 22, 2026 7:14
DeepSeek wrapping up $15 billion fundraising to fuel AI race

HONG KONG: Chinese AI startup DeepSeek is wrapping up its latest funding round having generated about 100 billion yuan ($14.98 billion) from existing and new investors, two people with knowledge of the matter said on Thursday. Battery maker Contemporary Amperex Technology and WeChat operator Tencent Holdings were among the biggest investors in the round, said one of the people, who both declined to be named as the information was confidential. The fundraising is set to be complete in the coming days, but financial details are not ironclad and could still change, the other person said. DeepSeek, CATL and Tencent could not be immediately reached for comment. On Thursday, Bloomberg first reported, citing sources, that DeepSeek had raised $15 billion in the latest funding round, with CATL and Tencent as its main backers. DeepSeek will have doubled its original fundraising target of 50 billion yuan, underscoring strong interest from investors - many backed by the state and big corporations - as China aims to get ahead in the AI race against the US. The fundraising also signals that DeepSeek is getting closer to tapping public markets. In September, Reuters reported that the company had hired CITIC Securities to prepare for a potential STAR Market initial public offering. Last month, the company released its latest model, DeepSeek-V4.1-Flash, which it said was designed for greater capability, faster inference, higher throughput and scaling to larger models. [...]

Soybeans flat as US harvest pressure weighs; corn firms
October 22, 2026 7:11
Soybeans flat as US harvest pressure weighs; corn firms

BEIJING: Chicago soybeans were little changed on Thursday as harvest pressure weighed on prices, while corn rebounded slightly but remained constrained by expectations of a large crop. Wheat recovered from a more than three-month low hit in the previous session, when optimism over diplomatic efforts to de-escalate the Russia-Ukraine war weighed on prices. [...]

Japan's Nikkei slips as chip shares pressured by AI capex caution
October 22, 2026 7:09
Japan's Nikkei slips as chip shares pressured by AI capex caution

TOKYO: Japan’s Nikkei share average declined on Thursday as chip-sector shares gave back the previous session’s gains, with investors cautious about the outlook for AI-related spending next year. Despite posting overall solid results after Wednesday’s Wall Street close, US chip equipment maker Lam Research shares slipped in extended trading, with Iwai Cosmo Securities analyst Kazuyoshi Saito pointing to worries about demand from China. “In China, there was a rush to procure manufacturing equipment ahead of schedule amid concerns over tighter regulations, and the market seems not to have fully priced in the subsequent payback,” he said. The tech-heavy Nikkei lost 0.8% to 64,128.54 by 0137 GMT, after rallying 0.9% on Wednesday. The broader Topix, by contrast, was flat on Thursday, following the previous day’s 0.9% advance. Services was the best performer among the Tokyo Stock Exchange’s 33 industry groups, gaining 2.2%. Japanese stocks had already had a chance to react to Tuesday’s strong after-market earnings reports from US companies SpaceX and Super Micro Computer, making them vulnerable to profit taking in the latest session, said Wataru Akiyama, an equities strategist at Nomura Securities. “The market is looking out to 2027 and if AI capex will continue, and there’s quite a lot of caution among investors,” he said. Chip-sector shares led the Nikkei lower, with Tokyo Electron down 4.1%, shaving 212 points from the index because of its heavy weighting. Screen Holdings dropped 6% and Lasertec dipped 2.7%. Data-centre cable maker Fujikura lost 3%. AI-focused startup investor SoftBank Group skidded 3.1%. Many other tech names advanced though. Cybersecurity firm Trend Micro jumped 6.6% following the announcement of critical vulnerabilities in the PHP programming language, which spurred several governments in Europe to take their websites offline to protect their systems. IT services provider SHIFT rose 9% to be the Nikkei’s biggest percentage gainer, while IT consultancy BayCurrent up 5.9%. Sony rose 2.6%. [...]

Pakistan’s Interloop to invest $55mn in dairy-processing plant
October 22, 2026 10:15
Pakistan’s Interloop to invest $55mn in dairy-processing plant

Interloop Holdings, a prominent investment and diversified holding company based in Faisalabad, plans to invest $55 million in a new dairy-processing plant in Faisalabad, Punjab, in partnership with Türkiye’s Rella Gıda, aiming to expand value-added production and support exports, the company’s chairman said on Thursday. The investment, equivalent to around Rs15 billion, will be made through IL Foods Limited, Musadaq Zulqarnain said in a post on social media platform X. “The state-of-the-art facility will produce a range of cheeses and butter, as well as Whey Protein Concentrate (WPC80), a high-value protein product,” he said. The company also plans to export part of the production, contributing to Pakistan’s value-added exports. “With the commissioning of this new facility, our combined annual milk processing capacity will reach 180 million litres. “This investment reflects our continued commitment to value addition, technological advancement, import substitution, and the development of Pakistan’s dairy industry,” said the chairman. Talking to Business Recorder, Hamza Gillani, CFO at Interloop Limited, shared that the project will commence commercial production in around 1.5 years. He shared that the investment comes through IL Foods Limited, a newly incorporated company of Interloop. [...]

PM chairs Apex Committee meeting in KP to review security situation: state media
October 22, 2026 9:49
PM chairs Apex Committee meeting in KP to review security situation: state media

Prime Minister Shehbaz Sharif on Thursday chaired an important meeting of the Apex Committee at the Governor House in Khyber Pakhtunkhwa, state media Radio Pakistan reported, citing security sources. The sources said the meeting is being attended by Khyber Pakhtunkhwa Governor Faisal Karim Kundi, federal and provincial ministers and relevant officials. Senior military leadership is also participating in the Apex Committee meeting. They said the meeting is being held to review the overall security situation in Khyber Pakhtunkhwa and measures being taken to combat terrorism. The development comes weeks after the federal government imposed emergency in Khyber Pakhtunkhwa after President Asif Ali Zardari approved the federal cabinet’s recommendation, over disagreement between the centre and province over counterterrorism measures. The moves had been approved under Articles 232 and 234 of the Constitution, the President’s Office said. [...]

Pakistan can triple incomes by 2050 with faster reforms: World Bank
October 22, 2026 9:48
Pakistan can triple incomes by 2050 with faster reforms: World Bank

Faster structural reforms could triple Pakistan’s incomes by 2050, the World Bank Group said in its latest Pakistan Development Update: Attaining Escape Velocity. Following progress with macroeconomic stabilisation, Pakistan now has the opportunity for faster and sustained economic growth and job creation, the global lender said on Thursday. According to the World Bank, sound macroeconomic policies over recent years have helped stabilise the economy and preserve growth, despite the impacts of the Middle East conflict. “Real GDP growth increased to 3.7% in FY26 from 3.2% in FY25. Revenue growth and expenditure restraint supported record primary fiscal surpluses, reaching 2.9% of GDP in FY26, while strong remittances allowed for the re-accumulation of foreign exchange reserves,” said the World Bank. These improvements were recognised with upgrades from two major international rating agencies (S&P and Moody’s), and allowed Pakistan’s return to international debt markets, with the issuance of a US$3 billion Eurobond. “Pakistan has made real progress in restoring stability, and markets have taken notice,” said Bolormaa Amgaabazar, World Bank Country Director for Pakistan. “But real per capita growth - the rate at which the income of the average Pakistani increases - remains stuck at around 1.6%. Reforms to drive faster growth are now urgently needed.” The report finds that such growth is possible if Pakistan follows the path taken by other successful countries in pursuing ambitious economic reforms. “Reforms that upgrade policies and institutions to the quality seen in the average middle-income country could drive sustained growth of up to 6.2–6.9% /annum, sufficient for Pakistan to reach Viet Nam’s current level of income by 2050,” it said. “With macro stabilisation achieved but fiscal resources and foreign exchange still tightly constrained, structural reform to encourage private investment is the necessary next step towards higher living standards” said Sebastian Essl, lead author of the report. “Achieving this kind of private-sector led growth requires a plan, coordination, and committed reform implementation.” The report highlighted a set of ambitious reforms that could help Pakistan reach, by 2050, the per capita incomes of countries currently at the upper-middle income threshold. Many of these build on measures already under way, including timely power sector tariff adjustments that helped cut energy subsidies from 1.1% of GDP in FY25 to 0.8% in FY26, continued implementation of trade liberalisation under the National Tariff Policy, and the recent privatisation of Pakistan International Airlines. “Building on these foundations, sustained progress will depend on continued reforms to strengthen the business environment, reform the tax system, reduce the state’s presence in the economy, and expand access to finance,” the World Bank said. [...]

OGDCL initiates hydrocarbon production at Khairpur’s exploratory well
October 22, 2026 9:32
OGDCL initiates hydrocarbon production at Khairpur’s exploratory well

Oil & Gas Development Company Ltd (OGDCL), one of Pakistan’s largest E&P companies, has commenced gas and condensate production from the Bitrism East-1 exploration well in Khairpur, Sindh. The listed company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Thursday. The company said the well is currently producing 7.0 million standard cubic feet per day (MMSCFD) of gas and 200 barrels per day of condensate from the Basal Sands of Lower Goru Formation. “Production is expected to be progressively ramped up as the well flow stabilises,” the company said. OGDCL said it has laid an approximately 28-kilometre, 8-inch flowline using in-house resources to connect the well to the Sinjhoro plant for processing. “The processed gas is now being supplied to the SSGCL network, augmenting indigenous gas supplies.” OGDCL is the operator of the Bitrism Exploration Licence with a 77.5% working interest, in a joint venture with Government Holdings (Pvt) Ltd, which holds the remaining 22.5%. “The commencement of production from Bitrism East-1 reflects OGDCL’s continued focus on bringing discoveries into production, enhancing domestic hydrocarbon supplies and contributing to Pakistan’s energy security,” said the company. OGDCL was incorporated on 23 October 1997 under the Companies Ordinance, 1984. The company was established to undertake exploration and development of oil and gas resources, including production and sale of oil and gas and related activities formerly carried on by Oil and Gas Development Corporation, which was established in 1961. [...]

Runway to runway: HSY to design the new look of PIA crew
October 22, 2026 9:16
Runway to runway: HSY to design the new look of PIA crew

The Pakistan International Airlines (PIA) is bringing runway glamour back to the skies as the national flag carrier has officially unveiled its reimagined cabin crew uniform collection, masterfully crafted by celebrated couturier Hassan Sheheryar Yasin (HSY), “in a celebration of heritage, modern elegance, and warm hospitality”, read a statement issued by the airline. “The collection marks a stylish leap forward in PIA’s ongoing transformation under its consortium-led new management, refreshing the onboard experience with an elevated, contemporary aesthetic that puts passenger comfort and crew pride at the forefront,” said PIA Spokesperson Abdullah Hafeez Khan. The PIA has long held a singular tradition of bridging commercial aviation with world-class fashion. In 1966, legendary French designer Pierre Cardin designed PIA’s pioneering A-line tunic and hood, defining aviation chic across the globe, the flag carrier stated in a press release. “That heritage was enriched in the 1970s by Queen Elizabeth II’s royal couturier, Sir Hardy Amies, who brought refined tailoring to the skies, followed in recent years by contemporary master Nomi Ansari whose uniform inspiration lasted PIA for 12 years,” it added. Now, that mantle passes on to HSY—one of South Asia’s most formidable fashion forces. Known globally for his red-carpet presence, roots extending into Hollywood styling, and dressing international celebrities, HSY is frequently chosen as the creative ambassador representing Pakistan’s fashion artistry on world stages. With this collection, he fuses Pakistan’s rich textile soul with sleek, international tailoring. “Designing for our national flag carrier is about capturing our collective pride and the genuine warmth of Pakistani hospitality,” said HSY. “We wanted uniforms that our crew feels extraordinarily confident and comfortable apparel that respects our heritage, reflects modern fashion, and tells our story beautifully in every airport across the globe.” According to the PIA, the new collection embraces a lifestyle first philosophy. Engineered for long-haul durability and ergonomic movement, the silhouettes blend soft, breathable fabrics with structured tailoring. The palette and detailing subtly celebrate Pakistan’s cultural craftsmanship while maintaining the polished, functional discipline required at cruising altitude. The final look emerged from a competitive, collaborative showcase held in Karachi, where 10 of Pakistan’s top fashion designers presented their creative concepts before an esteemed jury of fashion icons and industry leaders. “Passengers won’t have to wait long to experience the new visual identity. The collection makes its official skyward debut on October 31, 2026, aboard PIA’s inaugural Boeing 787-9 Dreamliner flight from London to Islamabad, signaling a fresh chapter of comfort, sophistication, and national pride connecting Pakistan to the world”, said the PIA’s spokesperson. [...]

Barclays bank to cut about 5,000 jobs amid AI drive
October 22, 2026 9:02
Barclays bank to cut about 5,000 jobs amid AI drive

LONDON: British bank Barclays announced Thursday plans to cut around 5,000 jobs, or roughly five percent of its global workforce, by the end of 2026 in an AI efficiency drive. The announcement came alongside an earnings update that showed Barclays’ net profit grew 13 percent in the third quarter. Barclays upgrades Pakistan sovereign debt to ‘overweight’: Bloomberg Barclays said it was implementing “organisational simplification and technology change efficiency driven by AI”. “About 60 percent of the job losses relate to support functions, including fewer developers as AI makes our people more productive,” it added. [...]

Thai baht/US dollar weaker on Thursday
October 22, 2026 8:08
Thai baht/US dollar weaker on Thursday

BANGKOK: The Thai baht weakened against the US dollar on Thursday. At 0155 GMT, the baht was 0.15% lower at 33.61 versus the dollar, after trading in a range of 33.580 to 33.650. It ended the previous session at 33.56 per dollar, as per LSEG data. [...]

South Korea's KOCOPIA tenders for about 55,000 tons corn, traders say
October 22, 2026 8:05
South Korea's KOCOPIA tenders for about 55,000 tons corn, traders say

HAMBURG: South Korea’s Korea Corn Processing Industry Association has issued an international tender to purchase about 55,000 metric tons of optional-origin corn, European traders said on Thursday. The deadline for submission of price offers in the tender is also Thursday, October 22. The corn is sought for arrival in South Korea around February 15, 2027. Taiwan’s MFIG buys estimated 65,000 tons of corn from Brazil The corn can be sourced from the United States, Brazil, Argentina, South Africa or Europe. [...]

South African rand pressured by rising oil prices as investors weigh budget review
October 22, 2026 8:03
South African rand pressured by rising oil prices as investors weigh budget review

JOHANNESBURG: The South African rand weakened in early trade on Thursday, pressured by rising oil prices as investors continued to assess the government’s mid-year budget review, which included two months of temporary fuel tax relief. At 0649 GMT the rand traded at 16.45 against the dollar , roughly down 0.5% from its previous close. Oil prices rose more than $1 a barrel on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to supplies from the Middle East. South Africa imports most of its fuel, leaving it vulnerable to swings in global energy prices. Its regulated petrol price rose about 5% in September before surging 12% in October. The government will reintroduce temporary fuel levy cuts for two months from November, Finance Minister Enoch Godongwana said on Wednesday, in a 10 billion rand ($608 million) effort to ease cost-of-living pressures South Africa’s benchmark 2035 government bond strengthened in early deals, as the yield fell three basis points to 8.56%. [...]

Audi gets new China leadership to face bruising competition
October 22, 2026 8:01
Audi gets new China leadership to face bruising competition

BERLIN: Volkswagen’s premium subsidiary Audi announced a shake-up in its China leadership on Thursday amid tough competition and falling sales in the world’s largest auto market. Jeff Zhang, who most recently served as vice president and CEO of Chinese auto group Chery, will take on the role of Audi China president on November 1. He replaces Johannes Roscheck, who will return to Germany having overseen “a period of profound transformation” for Audi in China, CEO Gernot Doellner said. Audi’s sales in China have been in freefall as the brand, together with parent Volkswagen and fellow subsidiary Porsche, struggle to keep pace in a rapid shift to EVs led by low-cost local brands. Once a highly profitable market for the group, China’s shift away from Western carmakers has prompted Volkswagen to initiate the most dramatic restructuring in its history. Volkswagen third quarter deliveries fall on plummeting China demand Zhang will lead Audi’s China business together with Rolf Michl, appointed Chief Operating Officer of Audi China from November 1, 2026. He formerly served as managing director of Audi Sport GmbH. “Our goal is to execute our strategy consistently, respond even faster to our customers’ needs and sustainably strengthen our competitiveness,” Doellner said. [...]

IMF flags rising inflation risks for Pakistan amid Middle East conflict
October 22, 2026 7:54
IMF flags rising inflation risks for Pakistan amid Middle East conflict

The International Monetary Fund (IMF), in its latest report, has warned of rising inflationary pressures in Pakistan amid the Middle East conflict, saying the country may need tighter monetary policy if the regional crisis persists and price risks intensify. “In MENAP oil importers, inflationary pressures have risen most sharply in Egypt and Pakistan (to 14.5% and 11.1% year over year, respectively, in August), reflecting higher food and energy-related prices,” the Fund said in its latest report titled October 2026 Regional Economic Outlook: Middle East and Central Asia, Steering Through Uncertainty: Strengthening Resilience in Challenging Times, highlighting the vulnerability of energy-importing economies to disruptions in regional supply and trade. “Countries should stand ready to tighten monetary policy, particularly where inflation is already above target, and the policy stance appears accommodative, with ex-ante policy rates below estimated neutral levels, a combination most evident in the Kyrgyz Republic and Pakistan,” said the IMF. The report also noted that Pakistan was the only country with a flexible exchange rate in the MENAP region to raise interest rates after the conflict began, underscoring the differing monetary policy responses across the region. Over the medium term, the IMF warned that external position could weaken in Pakistan “as imports rise and remittances moderate”. The report noted that economic activity in other MENAP economies has remained resilient so far in 2026. “In the first half of 2026, GDP growth in Egypt, Jordan, Morocco, Pakistan, and Tunisia remained broadly in line with the second half of 2025. High-frequency indicators, including industrial production and purchasing managers’ indices, have generally remained resilient or point to only modest contractions so far in 2026, while unemployment rates declined in the second quarter of 2026,” it said. It added that remittances and tourism inflows have remained robust. “So far in 2026, net remittances as a share of GDP have exceeded levels recorded during the same period last year in Egypt, while remaining broadly stable in Morocco, Pakistan and Tunisia,” the Fund said. However, the IMF forecasted a sharp drop in economic output in the MENAP this year due to the US-Israeli-led war against Iran, followed by a rebound to 6.6% growth in 2027, while warning that further energy production disruptions could worsen the outlook. The Fund said the region’s output was expected to contract by 1.3% as a result of the war’s impact on energy production, shipping, tourism, trade and confidence. Economic output would increase sharply in 2027, but output in those economies would generally stay below pre-war projections. The IMF warned that a prolonged conflict could intensify inflationary pressures and weaken economic activity. In an adverse scenario in which hostilities continue through the second quarter of 2027, oil prices could average about $130 per barrel in 2027, roughly 45% above the report’s baseline assumption. “In this scenario, directly affected MENAP and CCA oil exporters would bear the brunt of the impact: real GDP falls by an average of about 3.8% while inflation rises about 1¼ percentage points above baseline in 2027,” it said. [...]

Pakistani-origin surgeon Asif Hasan receives Pride of Britain Lifetime Achievement Award
October 22, 2026 7:51
Pakistani-origin surgeon Asif Hasan receives Pride of Britain Lifetime Achievement Award

Pakistani-origin paediatric cardiac surgeon Asif Hasan has been honoured with the prestigious Lifetime Achievement Award at the 2026 Pride of Britain Awards in recognition of his extraordinary three-decade career saving children with severe heart conditions. The Pride of Britain Awards, a nationally televised British programme, celebrates unsung heroes for exceptional achievements and humanity, with winners chosen through public nominations and a panel of judges. According to the Pride of Britain website, Hasan recently retired after serving for 30 years as the head of Paediatric Cardiac Surgery at Newcastle’s Freeman Hospital. Over his illustrious career, he performed an estimated 400 heart transplants and transformed treatment for children born with complex heart defects, leaving thousands of patients alive today through his pioneering medical interventions. Throughout his tenure at the National Health Service (NHS), Hasan spearheaded critical breakthroughs in paediatric care. He co-led Newcastle’s ‘bridge to transplant’ programme, which integrated the use of the Berlin Heart, a mechanical blood pump that keeps infants and children alive while awaiting donor organs. Additionally, he pioneered the ‘bootlace closure’ technique for post-surgical sternum closure, enabling children to receive donor hearts that would otherwise be too large for their chest cavities. Known for accepting the country’s most critical cases, including patients turned away by other cardiac units as too high-risk, Hasan and his team at the Freeman Hospital served as a final lifeline for countless families. Former Pride of Britain ‘Children of Courage’ awardees Max Johnson and Cecilia Adamou are among those whose lives were saved under his care. In addition to his surgical achievements, Hasan played an integral role in training the next generation of paediatric heart surgeons both in the United Kingdom and internationally. Reflecting on his career and the recognition, Hasan credited his team and the NHS, emphasising that his proudest achievement was training successors who would surpass his own skills. He noted that while he had witnessed immense human suffering, he had also seen incredible resilience, adding that his primary goal was to ensure the highest standard of care continues seamlessly beyond his retirement. The paediatric cardiac surgeon said: “There have been big highs and big lows. My heart swells when I hear about a survivor doing so well, but I do remember all the traumatic cases where someone died. I’ve seen human misery up close, but also human resilience and courage. “I’m quite an ordinary person, but I had so many extraordinary colleagues with me who gave their lives to the patients. Not just consultants, but nurses, incredible, incredible people. I have also worked in one of the most extraordinary institutions in the world, which is the NHS. “One of my abiding resolves was that when I stopped work, nobody would miss me. It’s the art of becoming redundant. I wanted to train people so that they are not only competent, but better than me, and that’s what I have achieved. That is my proudest achievement.” [...]

Two killed, 8 injured in attack on airport in Saudi oil city Dammam
October 22, 2026 7:27
Two killed, 8 injured in attack on airport in Saudi oil city Dammam

Two people were killed and eight were injured in an attack on Wednesday evening on King Fahd International Airport in Saudi Arabia’s eastern oil city of Dammam, Saudi Arabia’s General Authority of Civil Aviation said on Thursday. Those killed were a Saudi citizen and an Indian national, the authority said. The injuries ranged from minor to serious. Two killed after drone intercepted near Saudi Aramco’s Shaybah oilfield; injured includes one Pakistani Damage was being assessed, it added. Airport operations had resumed and air traffic had returned to normal, the authority said. [...]

Nokia profit doubles in 3rd quarter on AI spending
October 22, 2026 7:20
Nokia profit doubles in 3rd quarter on AI spending

HELSINKI: Finnish telecoms equipment maker Nokia said Thursday profit almost doubled in the third quarter, boosted by investment in AI. Profit in the quarter rose to 156 million euros ($175 million) from 80 million in the same period the year before, while sales rose 10 percent to 5.2 billion euros, beating analyst expectations. The company said sales to artificial intelligence and cloud-networking clients rose 123 percent in the quarter from a year earlier. “Nokia’s strengths are uniquely suited to meet growing demands for AI infrastructure that is larger, more distributed and hyperconnected,” chief executive Justin Hotard said in a statement. “We are investing where we can differentiate and co-innovate with hyperscalers,” he added, citing Google’s 13-billion-euro investment to build a data centre in Finland. Operating profit was 605 million euros, up 35 percent from 448 million a year earlier, exceeding expectations of analysts, who had forecast 462 million euros. [...]

Copper falls as rising inventories cool supply worries
October 22, 2026 7:16
Copper falls as rising inventories cool supply worries

SINGAPORE: Copper prices fell on Thursday as inflows into London Metal Exchange warehouses relieved some supply fears, even though regional supply bottlenecks persisted outside the US. Benchmark three-month copper on the LME was down 0.44% at $14,293.5 a metric ton by 0300 GMT. The most-traded copper contract on the Shanghai Futures Exchange fell 0.67% to 109,000 yuan ($16,331.79) a ton. Total copper stocks in LME-registered warehouses have increased for three consecutive days. On Wednesday, 13,525 tons of copper were delivered into warehouses, exchange data showed. Unlike in the previous two days when deliveries were concentrated in the US, Wednesday’s inflows were more dispersed and came into South Korea, the US, the Netherlands, and other locations, analysts from Chinese broker Galaxy Futures wrote in a note. Stocks have been pulled into the US for much of the year so far as traders attempted to head off potential import tariffs on the red metal, supporting prices. High regional premiums, paid on top of LME prices, nonetheless underscore expectations of regional shortages. Chile’s Codelco is offering its European customers copper at a record high premium of $350 a ton, while Germany’s Aurubis has also set its premium at a record high for next year. The Yangshan copper premium - a gauge of China’s appetite for imported copper - rose to $148 a ton on Wednesday, its highest since October 2022. And the LME cash-to-three-month spread was at a backwardation of $116.34 a ton on Wednesday, suggesting tight near-term availability. Among other LME metals, aluminium lost 0.59%, zinc lost 0.68%, lead lost 0.65%, nickel lost 1.01% and tin lost 1.28%. On the SHFE, nickel stood out, gaining 1.46% on unconfirmed prospects of Chinese producers in Indonesia cutting production. Elsewhere on the Chinese exchange, zinc was down 0.02%, lead dipped 0.15% and tin lost 1.29%. [...]

Punjab by-polls: Notices served on minister, SAPM for 'violating' election code of conduct
November 21, 2025 1:33
Punjab by-polls: Notices served on minister, SAPM for 'violating' election code of conduct

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

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

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

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

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
MQM-P calls for new province in Sindh

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
US report validates Pakistan military edge over India: PM

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
Banned TTP poses serious threat to Pakistan security: UNSC panel

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

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

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 kill 23 Indian proxy terrorists in KP's Kurram

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
Pakistan to construct island to boost oil exploration: report

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

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
Security forces neutralise four terrorists in KP IBOs

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

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... [...]

Putin-Witkoff meeting: 5 key takeaways on Ukraine peace talks
October 22, 2026 6:47
Putin-Witkoff meeting: 5 key takeaways on Ukraine peace talks

Russian president Vladimir Putin met with the Trump administration’ special envoy Steve Witkoff on Wednesday aimed at resolving the years-long Ukraine war.Prior to meeting Putin, Witkoff met with Ukrainian president Volodymyr Zelenskyy in Oslo and held constructive talks on potential peace... [...]

Sheriff Chris Nanos insists Nancy Guthrie was taken alive
October 22, 2026 12:35
Sheriff Chris Nanos insists Nancy Guthrie was taken alive

Sheriff Chris Nanos insists Nancy Guthrie was taken aliveNearly nine months have passed; Nancy Guthrie's whereabouts are still unknown, and suspects involved in her alleged kidnapping are yet to be apprehended.Upon her disappearance, ransom notes were released earlier by law enforcement agencies... [...]

Yankees extend Brian Cashman's tenure after another disappointing playoff exit
October 21, 2026 7:35
Yankees extend Brian Cashman's tenure after another disappointing playoff exit

Cashman served as the Yankees' general manager since 1998, making him the longest-serving GM in the team's historyNew York Yankees general manager Brian Cashman has agreed to a new contract with the MLB franchise, extending his long-running tenure despite another season without a World Series... [...]

Poland's abortion ban faces new challenge as lawmakers vote to loosen restrictions
October 21, 2026 6:30
Poland's abortion ban faces new challenge as lawmakers vote to loosen restrictions

Poland's abortion ban faces new challenge as lawmakers vote to loosen restrictionsPoland's parliament has approved two bills aimed at easing the country's near-total abortion ban, although the proposed reforms face a likely veto from the president.According to The Guardian, the legislation would... [...]

New York Democrat Brad Lander released after detention in West Bank
October 21, 2026 6:06
New York Democrat Brad Lander released after detention in West Bank

New York Democrat Brad Lander released after detention in West BankIsraeli forces have detained around 80 volunteers helping Palestinian farmers harvest olives in the occupied West Bank, including New York Democratic congressional nominee Brad Lander.According to The Guardian, the volunteers were... [...]

Ohio chemical tank explosion triggers mass evacuations and shelter-in-place orders in Toledo
October 21, 2026 5:50
Ohio chemical tank explosion triggers mass evacuations and shelter-in-place orders in Toledo

Ohio chemical tank explosion triggers mass evacuations and shelter-in-place orders in ToledoA chemical tank explosion in Toledo, Ohio, has forced hundreds of residents to evacuate or shelter indoors as authorities warn of a continuing hazardous chemical leak and the possibility of another... [...]

Trump suffers record low approval rating weeks before US midterm elections
October 21, 2026 5:24
Trump suffers record low approval rating weeks before US midterm elections

Trump's popularity has dropped to its lowest level, just weeks before the 2026 US midterm electionsUS President Donald Trump's approval rating has fallen to a record low of 32 percent, according to a new CNN poll, as Americans express growing frustration over the economy and rising prices.The... [...]

El-Sayed leads Rogers by a narrow margin as Michigan Senate election approaches
October 21, 2026 5:02
El-Sayed leads Rogers by a narrow margin as Michigan Senate election approaches

El-Sayed leads Rogers by a narrow margin as Michigan Senate election approachesMichigan's closely watched US Senate race remains too close to call, with Democrat Abdul El-Sayed holding a narrow lead over Republican Mike Rogers ahead of the 2026 midterm elections.According to CNN's latest Poll of... [...]

Russia ready for new Ukraine peace talks in November after Putin-Witkoff meeting
October 21, 2026 4:42
Russia ready for new Ukraine peace talks in November after Putin-Witkoff meeting

Russia was prepared to restart trilateral negotiations after 10 November, potentially in Abu DhabiRussia has signalled its willingness to resume peace negotiations with Ukraine and the United States in November following a meeting between President Vladimir Putin and US special envoy Steve... [...]

Macron warns Trump, other foreign leaders to stop using France riots for political gain
October 21, 2026 4:00
Macron warns Trump, other foreign leaders to stop using France riots for political gain

Macron warns Trump, other foreign leaders to stop using France riots for political gainFrench President Emmanuel Macron has criticised Donald Trump and other foreign leaders for making “stupid comments” about violent protests in France, accusing them of exploiting the unrest for... [...]

Cost of living crisis deepens as fuel price surge pushes UK inflation to 10-month high of 3.5% 
October 21, 2026 2:26
Cost of living crisis deepens as fuel price surge pushes UK inflation to 10-month high of 3.5% 

Cost of living crisis deepens as fuel price surge pushes UK inflation to 10-month high of 3.5% The UK’s annual inflation rate accelerated to 3.5% in September from 3.1% in August, exceeding analyst expectations of 3.4% and reaching a 10-month high, according to the Office for National... [...]

Ukraine's Zelenskyy backs ceasefire, calls for fresh talks with US and Russia
October 21, 2026 12:17
Ukraine's Zelenskyy backs ceasefire, calls for fresh talks with US and Russia

Ukraine’s Zelenskyy backs ceasefire, calls for fresh talks with US and RussiaOn Wednesday, Ukrainian President Volodymyr Zelenskyy announced he anticipated a favorable result from US envoy Steve Witkoff’s trip to Russia and that he advocates for trilateral negotiations and supports... [...]

Pope Leo XIV rides popemobile for first time since lung cancer surgery
October 21, 2026 10:51
Pope Leo XIV rides popemobile for first time since lung cancer surgery

Pope Leo XIV rides popemobile for first time since lung cancer surgeryPope Leo made his first public appearance in the open-top popemobile at the Vatican, greeting thousands of cheering pilgrims during his weekly general audience. The 71-year-old pontiff smiled and waved to the crowd as he... [...]

Russia frees 74-year-old US citizen Stephen Hubbard as Putin-Witkoff meeting continues
October 21, 2026 10:18
Russia frees 74-year-old US citizen Stephen Hubbard as Putin-Witkoff meeting continues

Russia in a recent latest diplomatic development has freed 74-year-old US citizen Stephan Hubbard who was imprisoned in Russia for more than four years on charges of fighting as a mercenary in Ukraine. The decision to release Hubbard comes as the Trump administration’s special envoy Steve... [...]

UK approved Jackdaw gas field: What it means for Britain climate goals
October 21, 2026 7:55
UK approved Jackdaw gas field: What it means for Britain climate goals

UK approved Jackdaw gas field: What it means for Britain climate goals Britain on Wednesday approved the long-delayed Jackdaw North Sea gas field, marking the departure from the UK’s climate-related commitments in the midst of a worsening climate crisis. According to Britain’s... [...]

بانئ پی ٹی آئی کی بہنوں کی بازیابی کا کیس، سیکریٹری داخلہ پنجاب و جیل سپرنٹنڈنٹ 28 اکتوبر کو طلب
October 22, 2026 7:10
بانئ پی ٹی آئی کی بہنوں کی بازیابی کا کیس، سیکریٹری داخلہ پنجاب و جیل سپرنٹنڈنٹ 28 اکتوبر کو طلب

---فائل فوٹولاہور ہائی کورٹ نے بانئ پاکستان تحریکِ انصاف کی بہنوں کی بازیابی کی درخواست پر سیکریٹری داخلہ پنجاب اور جیل سپرنٹنڈنٹ کو... [...]

اسلام آباد: 12 سالہ لڑکی کو بلیک میل کرنے والے 2 ملزمان کو 10، 10 سال قید کی سزا
October 22, 2026 6:10
اسلام آباد: 12 سالہ لڑکی کو بلیک میل کرنے والے 2 ملزمان کو 10، 10 سال قید کی سزا

— فائل فوٹوڈسٹرکٹ اینڈ سیشن کورٹ اسلام آباد نے 12 سالہ لڑکی کو بلیک میل کرنے کے کیس میں 2 ملزمان کو 10، 10 سال قید کی سزا سنا دی۔ملزمان پر... [...]

چلاس: گھر میں آگ لگنے سے 5 سالہ بچی جاں بحق، ماں زخمی
October 22, 2026 6:10
چلاس: گھر میں آگ لگنے سے 5 سالہ بچی جاں بحق، ماں زخمی

— فائل فوٹوچلاس کے علاقے بونر داس میں گھر میں آگ لگنے سے جھلس کر 5 سالہ بچی جاں بجق ہو گئی۔پولیس کے مطابق گھر میں آگ شارٹ سرکٹ کی وجہ سے... [...]

مذاکرات کو جان بوجھ کر ناکام بنایا گیا: سلمان اکرم راجہ
October 22, 2026 6:10
مذاکرات کو جان بوجھ کر ناکام بنایا گیا: سلمان اکرم راجہ

پی ٹی آئی کے سیکریٹری جنرل سلمان اکرم راجہ—فائل فوٹوپاکستان تحریکِ انصاف کے سیکریٹری جنرل سلمان اکرم راجہ نے کہا ہے کہ مذاکرات کی... [...]

ڈپٹی جنرل سیکریٹری پی ٹی آئی فردوس شمیم نقوی نے استعفیٰ دیدیا، جو منظور نہیں کیا: بیرسٹر گوہر
October 22, 2026 6:10
ڈپٹی جنرل سیکریٹری پی ٹی آئی فردوس شمیم نقوی نے استعفیٰ دیدیا، جو منظور نہیں کیا: بیرسٹر گوہر

بیرسٹر گوہر علی خان—فائل فوٹو چیئرمین پی ٹی آئی بیرسٹر گوہر علی خان نے بتایا ہے کہ میں نے پی ٹی آئی کے ڈپٹی جنرل سیکریٹری فردوس شمیم... [...]

منشیات برآمدگی کیس: انمول عرف پنکی کی بریت کی درخواست دائر
October 22, 2026 6:10
منشیات برآمدگی کیس: انمول عرف پنکی کی بریت کی درخواست دائر

---فائل فوٹوزمنشیات برآمدگی کیس میں انمول عرف پنکی کی بریت کی درخواست دائر کر دی گئی۔کراچی کی عدالت میں ملزمہ انمول عرف پنکی کے خلاف... [...]

پیٹرولیم لیوی کا خاتمہ: وزیرِ اعظم شہباز شریف و حافظ نعیم الرحمٰن کی ملاقات کل متوقع
October 22, 2026 5:10
پیٹرولیم لیوی کا خاتمہ: وزیرِ اعظم شہباز شریف و حافظ نعیم الرحمٰن کی ملاقات کل متوقع

—فائل فوٹوزوفاقی وزیر احسن اقبال نے نائب امیرِ جماعت اسلامی لیاقت بلوچ سے ٹیلی فونک رابطہ کیا ہے۔اس حوالے سے جاری کیے گئے بیان میں... [...]

ایپکس کمیٹی کا اجلاس: وزیراعظم کی کے پی کو انسدادِ دہشتگردی کیلئے تعاون کی پیشکش
October 22, 2026 5:10
ایپکس کمیٹی کا اجلاس: وزیراعظم کی کے پی کو انسدادِ دہشتگردی کیلئے تعاون کی پیشکش

وزیرِ اعظم شہباز شریف—فائل فوٹووزیر اعظم شہباز شریف کی زیرِ صدارت پشاور میں ایپکس کمیٹی کا اجلاس ہوا جس میں دہشت گردی کے مکمل خاتمے... [...]

لاہور مسلسل چوتھے روز دنیا کا آلودہ ترین شہر قرار
October 22, 2026 4:10
لاہور مسلسل چوتھے روز دنیا کا آلودہ ترین شہر قرار

— فائل فوٹولاہور کو مسلسل چوتھے روز دنیا کا آلودہ ترین شہر قرار دیا گیا ہے۔عالمی ماحولیاتی ویب سائٹ کے مطابق لاہور کا ایئر کوالٹی... [...]

وزیرِ اعلیٰ پنجاب مریم نواز کا کیمرے والی عینک و جاسوسی آلات پر پابندی لگانے کا حکم
October 22, 2026 4:10
وزیرِ اعلیٰ پنجاب مریم نواز کا کیمرے والی عینک و جاسوسی آلات پر پابندی لگانے کا حکم

وزیرِ اعلیٰ پنجاب مریم نواز—فائل فوٹووزیرِ اعلیٰ پنجاب مریم نواز نے پولیس کو تمام اضلاع سے گندم کی اسمگلنگ روکنے کی ہدایت کرتے ہوئے... [...]

مظفر گڑھ: اتائی ڈاکٹر کی غفلت سے 8 سالہ بچہ جاں بحق
October 22, 2026 3:10
مظفر گڑھ: اتائی ڈاکٹر کی غفلت سے 8 سالہ بچہ جاں بحق

—فائل فوٹومظفر گڑھ کے علاقے سیت پور میں اتائی ڈاکٹر کی مبینہ غفلت سے 8 سالہ بچہ جاں بحق ہو گیا۔اس حوالے سے والدین کا کہنا ہے کہ بچے کو... [...]

میئر کراچی مرتضیٰ وہاب کا شہر میں جاری ترقیاتی کاموں کا دورہ
October 21, 2026 9:10
میئر کراچی مرتضیٰ وہاب کا شہر میں جاری ترقیاتی کاموں کا دورہ

میئر کراچی مرتضیٰ وہاب نے شہر میں جاری ترقیاتی کاموں کا دورہ کیا اور کہا کہ ترقیاتی کام جلدازجلد مکمل کرنے کی کوشش کررہے ہیں۔انہو ں... [...]

کراچی، میمن گوٹھ میں مبینہ تشدد سے خاتون جاں بحق
October 21, 2026 9:10
کراچی، میمن گوٹھ میں مبینہ تشدد سے خاتون جاں بحق

فائل فوٹوکراچی کے علاقے میمن گوٹھ میں گھر میں مبینہ تشدد سے خاتون جاں بحق ہوگئی۔پولیس نے لاش اسپتال منتقل کردی، پولیس حکام کے مطابق... [...]

پاکستان نے قطر سے ایل این جی کا ایک کارگو حاصل کرلیا
October 21, 2026 9:10
پاکستان نے قطر سے ایل این جی کا ایک کارگو حاصل کرلیا

پاکستان نے قطر سے ایل این جی کا ایک کارگو حاصل کرلیا ہے۔ ذرائع وزارت توانائی کے مطابق اکتوبر کیلئے قطر سے دوسرا ایل این جی... [...]

کے پی، ڈپٹی کمشنرز کو ایم پی او آرڈیننس 1960 کے تحت اختیارات تفویض
October 21, 2026 8:10
کے پی، ڈپٹی کمشنرز کو ایم پی او آرڈیننس 1960 کے تحت اختیارات تفویض

فائل فوٹوگورنر خیبرپختونخوا فیصل کریم کنڈی نے ڈپٹی کمشنرز کو ایم پی او آرڈیننس 1960 کے تحت گرفتاری اور نظر بندی کے اختیارات تفویض کر... [...]

سوڈان اور جنوبی سوڈان کے متنازع علاقے ابیئی میں ڈرون حملہ، ہلاکتوں کی تعداد 153 ہوگئی
October 22, 2026 7:10
سوڈان اور جنوبی سوڈان کے متنازع علاقے ابیئی میں ڈرون حملہ، ہلاکتوں کی تعداد 153 ہوگئی

—تصویر بشکریہ غیر ملکی میڈیاسوڈان اور جنوبی سوڈان کے متنازع علاقے ابیئی پر ڈرون حملے میں ہلاکتوں کی تعداد 153 ہو گئی۔غیر ملکی میڈیا... [...]

نیتن یاہو اسرائیل کے مفاد میں اقتدار چھوڑ دیں: اسرائیلی میڈیا
October 22, 2026 7:10
نیتن یاہو اسرائیل کے مفاد میں اقتدار چھوڑ دیں: اسرائیلی میڈیا

اسرائیلی وزیرِ اعظم نیتن یاہو—فائل فوٹواسرائیلی اخبار کے اداریے میں کہا گیا ہے کہ نیتن یاہو اسرائیل کے مفاد میں اقتدار چھوڑ دیں،... [...]

کنگ چارلس کا ملکہ کمیلا اور شہزادی ڈیانا کیساتھ رویے میں فرق کا انکشاف
October 22, 2026 6:10
کنگ چارلس کا ملکہ کمیلا اور شہزادی ڈیانا کیساتھ رویے میں فرق کا انکشاف

---فائل فوٹوزبرطانوی بادشاہ کنگ چارلس اپنی اہلیہ ملکہ کمیلا کو تقریبات میں نمایاں کردار ادا کرنے کا موقع دیتے ہیں جبکہ ماضی میں... [...]

امریکا و اسرائیل کا انتخابات کے بعد ایران پر نئے حملوں کا منصوبہ تیار
October 22, 2026 6:10
امریکا و اسرائیل کا انتخابات کے بعد ایران پر نئے حملوں کا منصوبہ تیار

— فائل فوٹوامریکی اور اسرائیلی افواج نے امریکی وسط مدتی انتخابات کے بعد ایران پر دوبارہ حملوں کے منصوبے تیار کر لیے.امریکی اخبار دی... [...]

ٹرمپ کا ایران کے ساتھ مذاکرات نہ ہونے کا اعلان، جلد پیش رفت کا عندیہ
October 22, 2026 6:10
ٹرمپ کا ایران کے ساتھ مذاکرات نہ ہونے کا اعلان، جلد پیش رفت کا عندیہ

امریکی صدر ڈونلڈ ٹرمپ---فائل فوٹوامریکی صدر ڈونلڈ ٹرمپ نے کہا ہے کہ امریکا کے ایران کے ساتھ مذاکرات نہیں ہو رہے، تاہم ایران سے تنازع... [...]

یمن: حوثی ملیشیا کے حملے میں جاں بحق سیکیورٹی اہلکاروں کی تدفین
October 22, 2026 5:10
یمن: حوثی ملیشیا کے حملے میں جاں بحق سیکیورٹی اہلکاروں کی تدفین

---فوٹو بشکریہ غیر ملکی میڈیا یمن کے علاقے شبوہ میں حوثی ملیشیا کے حملے میں جاں بحق ہونے والے سیکیورٹی اہلکاروں کی تدفین کر دی گئی۔غیر... [...]

میری بیٹی نے 15 برس کی عمر میں قرآن کی تعلیم حاصل کی تھی: سابق امریکی صدر بل کلنٹن کا انکشاف
October 22, 2026 5:10
میری بیٹی نے 15 برس کی عمر میں قرآن کی تعلیم حاصل کی تھی: سابق امریکی صدر بل کلنٹن کا انکشاف

— اسکرین گریبامریکا کے سابق صدر بل کلنٹن نے موجودہ صدر ڈونلڈ ٹرمپ کے مسلم مخالف بیانیے پر انہیں تنقید کا نشانہ بناتے ہوئے کہا ہے کہ... [...]

خلیج فارس میں 4 جہاز بارودی سرنگوں سے ٹکرا گئے: پاسدارانِ انقلاب
October 22, 2026 5:10
خلیج فارس میں 4 جہاز بارودی سرنگوں سے ٹکرا گئے: پاسدارانِ انقلاب

— فائل فوٹوخلیج فارس میں 4 جہاز بارودی سرنگوں سے ٹکرا گئے۔ایرانی پاسدارانِ انقلاب کی جانب سے کہا گیا ہے کہ بارودی سرنگوں سے ٹکرانے کے... [...]

جنگ کے خاتمے کیلئے مذاکرات نومبر کے اوائل میں شروع ہونے چاہئیں: زیلنکسی
October 22, 2026 5:10
جنگ کے خاتمے کیلئے مذاکرات نومبر کے اوائل میں شروع ہونے چاہئیں: زیلنکسی

یوکرینی صدر وولودیمیر زیلنسکی---فائل فوٹویوکرینی صدر وولودیمیر زیلنسکی نے کہا ہے کہ یوکرین جنگ کے خاتمے کے لیے سفارت کاری کی حمایت... [...]

سعودی آئل ریفائنری پر حملے میں فلپائنی و نیپالی شہری ہلاک، پاکستانی و بھارتی زخمی ہوئے
October 22, 2026 4:10
سعودی آئل ریفائنری پر حملے میں فلپائنی و نیپالی شہری ہلاک، پاکستانی و بھارتی زخمی ہوئے

—فائل فوٹوسعودی فضائی دفاع نے آئل ریفائنری کی جانب داغے گئے ڈرون کو مار گرایا۔سعودی وزارتِ توانائی کے مطابق آئل ریفائنری پر ڈرون... [...]

مغربی کنارے میں امریکیوں کی گرفتاری، امریکی رکنِ کانگریس کی اسرائیل پر کڑی تنقید
October 22, 2026 4:10
مغربی کنارے میں امریکیوں کی گرفتاری، امریکی رکنِ کانگریس کی اسرائیل پر کڑی تنقید

 جیمی راسکن---فائل فوٹو امریکی رکنِ کانگریس جیمی راسکن نے مقبوضہ مغربی کنارے میں فلسطینی کسانوں کی زیتون کی فصل کی کٹائی میں مدد کرنے... [...]

فرانس میں بدامنی پر ٹرمپ کے بیانات ناقابلِ قبول و احمقانہ ہیں: میکرون کا سخت ردِعمل
October 22, 2026 4:10
فرانس میں بدامنی پر ٹرمپ کے بیانات ناقابلِ قبول و احمقانہ ہیں: میکرون کا سخت ردِعمل

فرانسیسی صدر ایمانوئل میکرون—فوٹو بشکریہ بین الاقوامی میڈیا فرانسیسی صدر ایمانوئل میکرون نے فرانس میں بدامنی سے متعلق امریکی صدر... [...]

ٹرمپ جیل کی سلاخوں کے پیچھے، تہران میں طنزیہ آرٹ نصب
October 22, 2026 3:10
ٹرمپ جیل کی سلاخوں کے پیچھے، تہران میں طنزیہ آرٹ نصب

---تصویر بشکریہ بین الاقوامی میڈیا ایران نے امریکی صدر ڈونلڈ ٹرمپ کو جیل کی سلاخوں کے پیچھے دکھا کر امریکا پر طنز کر دیا۔تہران کے... [...]

ایران کا افزودہ یورینیئم امریکا سے مذاکرات میں بڑی رکاوٹ بن گیا
October 22, 2026 3:10
ایران کا افزودہ یورینیئم امریکا سے مذاکرات میں بڑی رکاوٹ بن گیا

---فوٹو بشکریہ بین الاقوامی میڈیا ایران کے جوہری پروگرام کا معاملہ امریکا اور ایران کے درمیان جنگ کے خاتمے کے لیے جاری مذاکرات میں... [...]

دمام: کنگ فہد ایئر پورٹ پر حملہ،1 شخص جاں بحق، 8 زخمی
October 22, 2026 12:10
دمام: کنگ فہد ایئر پورٹ پر حملہ،1 شخص  جاں بحق، 8 زخمی

سعودی عرب کے شہر دمام کے کنگ فہد انٹرنیشنل ایئر پورٹ پر حملے میں 1 شخص جاں بحق جبکہ 8 افراد زخمی ہوگئے۔سعودی سول ایوی ایشن... [...]

عالمی بینک کی پاکستان کی معیشت سے متعلق رپورٹ جاری، مہنگائی کی شرح 8.2 فیصد رہنے کی پیش گوئی
October 22, 2026 8:10
عالمی بینک کی پاکستان کی معیشت سے متعلق رپورٹ جاری، مہنگائی کی شرح 8.2 فیصد رہنے کی پیش گوئی

---فائل فوٹو عالمی بینک نے پاکستان کی ترقیاتی صورتحال سے متعلق سال 2026ء کی اقتصادی رپورٹ جاری کر دی جس میں بتایا گیا ہے کہ مالی سال... [...]

کوئٹہ: ایل پی جی کی قیمت میں 10 روپے کا اضافہ
October 22, 2026 6:10
کوئٹہ: ایل پی جی کی قیمت میں 10 روپے کا اضافہ

—فائل فوٹوکوئٹہ میں ایل پی جی کی فی کلو قیمت میں 10 روپے کا مزید اضافہ ریکارڈ کیا گیا ہے۔مارکیٹ ذرائع کے مطابق کوئٹہ میں ایل پی جی کی... [...]

پی ایس ایکس: کاروبار کا مثبت دن، 100 انڈیکس میں 779 پوائنٹس کا اضافہ
October 21, 2026 11:10
پی ایس ایکس: کاروبار کا مثبت دن، 100 انڈیکس میں 779 پوائنٹس کا اضافہ

فوٹو: فائلپاکستان اسٹاک ایکسچینج میں آج کاروبار کا مثبت دن رہا جہاں 100 انڈیکس میں 779 پوائنٹس کا اضافہ ہوا۔ پی ایس ایکس بینچ مارک 100... [...]

سونے کی فی تولہ قیمت میں آج 900 روپے کی کمی
October 21, 2026 11:10
سونے کی فی تولہ قیمت میں آج 900 روپے کی کمی

فوٹو: فائلملک میں آج سونے کی فی تولہ قیمت میں 900 روپے کمی ہوگئی۔ آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق اس کمی کے بعد... [...]

بلوچستان میں گندم کا سرکاری ذخیرہ ختم، بحران شدت اختیار کر گیا
October 21, 2026 7:10
بلوچستان میں گندم کا سرکاری ذخیرہ ختم، بحران شدت اختیار کر گیا

— فائل فوٹو بلوچستان میں گندم کا بحران شدت اختیار کر گیا۔ذرائع محکمۂ کموڈیٹیز کے مطابق صوبے میں گندم کا سرکاری ذخیرہ ختم ہو چکا... [...]

کراچی: 2 دن میں فی کلو ایل پی جی 150 روپے مہنگی
October 21, 2026 4:10
کراچی: 2 دن میں فی کلو ایل پی جی 150 روپے مہنگی

—فائل فوٹوکراچی میں فی کلو ایل پی جی کی قیمت 550 سے بڑھ کر 600 روپے ہو گئی۔کراچی میں 2 دن میں فی کلو ایل پی جی 150 روپے مہنگی ہوئی ہے۔اوگرا... [...]

مشرقِ وسطیٰ میں سپلائی کے خدشات، عالمی منڈی میں تیل کی قیمتوں میں اضافہ
October 21, 2026 3:10
مشرقِ وسطیٰ میں سپلائی کے خدشات، عالمی منڈی میں تیل کی قیمتوں میں اضافہ

---فائل فوٹومشرقِ وسطیٰ میں تیل کی سپلائی متاثر ہونے کے خدشات کے باعث عالمی منڈی میں خام تیل کی قیمتوں میں اضافہ ریکارڈ کیا... [...]

پیٹرول اور ڈیزل مہنگا کردیا گیا
October 20, 2026 6:10
پیٹرول اور ڈیزل مہنگا کردیا گیا

اگلے ایک روز کیلئے پیٹرولیم مصنوعات کی نئی قیمتوں کا اعلان کردیا گیا۔ جس کا نوٹیفکیشن بھی جاری کردیا گیا۔نوٹیفکیشن کے مطابق پیٹرول... [...]

پی ایس ایکس میں آج بھی منفی رجحان، انڈیکس 814 پوائنٹس کم ہوگیا
October 20, 2026 2:10
پی ایس ایکس میں آج بھی منفی رجحان، انڈیکس 814 پوائنٹس کم ہوگیا

فوٹو: فائلپاکستان اسٹاک ایکسچینج میں آج کاروباری ہفتے کے دوسرے روز بھی منفی رجحان رہا۔ پی ایس ایکس 100 انڈیکس 814 پوائنٹس کم ہو کر ایک... [...]

وزیر اعظم نے آٹو پالیسی 31-2026 کی منظوری دے دی، پیداوار، برآمدات اور مسابقت بڑھانے کی تجاویز شامل
October 20, 2026 1:10
وزیر اعظم نے آٹو پالیسی 31-2026 کی منظوری دے دی، پیداوار، برآمدات اور مسابقت بڑھانے کی تجاویز شامل

فوٹو: فائلوزیراعظم شہباز شریف نے آٹو پالیسی 31-2026 کی منظوری دے دی، نئی آٹو پالیسی کے تحت گاڑیوں کی برآمدات 6 ارب ڈالر تک بڑھانے کا ہدف... [...]

سونے کی فی تولہ قیمت میں 3600 روپے کی بڑی کمی
October 20, 2026 12:10
سونے کی فی تولہ قیمت میں 3600 روپے کی بڑی کمی

فوٹو: فائلملک میں آج سونے کی فی تولہ قیمت میں 3600 روپے کی بڑی کمی ہوگئی۔ آل پاکستان جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق اس کمی کے... [...]

کراچی: مرغی کا گوشت مہنگا
October 20, 2026 4:10
کراچی: مرغی کا گوشت مہنگا

— فائل فوٹوکراچی میں مرغی کے گوشت کی قیمت میں اضافہ ہو گیا جس کے بعد یہ بھی عام آدمی کے لیے خریدنا مشکل ہو گیا۔اکتوبر میں زندہ مرغی 110... [...]

یکم جنوری 2027 سے بجلی کا نیا بنیادی ٹیرف مقرر کرنے کا پہلا مرحلہ شروع
October 19, 2026 6:10
یکم جنوری 2027 سے بجلی کا نیا بنیادی ٹیرف مقرر کرنے کا پہلا مرحلہ شروع

یکم جنوری 2027 سے بجلی کا نیا بنیادی ٹیرف مقرر کرنے کا پہلا مرحلہ شروع ہوگا، سینٹرل پاور پرچیزنگ ایجنسی نے بجلی خریداری قیمت طے کرنے... [...]

پیٹرول اور ڈیزل کی قیمت میں بڑی کمی
October 19, 2026 5:10
پیٹرول اور ڈیزل کی قیمت میں بڑی کمی

اگلے ایک روز کیلئے پیٹرولیم مصنوعات کی نئی قیمتوں کا اعلان کردیا گیا۔پیٹرول کی قیمت میں 5 روپے 16پیسے فی لیٹر جبکہ ڈیزل کی قیمت میں 7... [...]

حکومتی قرضوں میں یومیہ 20 ارب روپے اضافے کی خبر درست تصویر پیش نہیں کرتی، وزارتِ خزانہ
October 19, 2026 5:10
حکومتی قرضوں میں یومیہ 20 ارب روپے اضافے کی خبر درست تصویر پیش نہیں کرتی، وزارتِ خزانہ

وزارت خزانہ نے حکومتی قرضوں میں اضافے سے متعلق وضاحت کرتے ہوئے کہا کہ حکومتی قرضوں میں یومیہ 20 ارب روپے اضافے کی خبر درست تصویر پیش... [...]

Meta’s stock falls in early trading amid broader sector selloff, despite well-received results
October 22, 2026 9:55
Meta’s stock falls in early trading amid broader sector selloff, despite well-received results

Meta’s core advertising business delivered a strong quarter, but investors are now eyeing promising new businesses around the Muse personal assistant. [...]

A top strategist has a warning for retail investors chasing the AI rally
October 22, 2026 9:07
A top strategist has a warning for retail investors chasing the AI rally

Maxx Kettner, HSBC’s chief multiasset strategist, says the investors need to understand the goal posts are constantly moving with AI investing. [...]

Why a JPMorgan strategist says the stock market’s tailspin might have run its course
October 22, 2026 9:04
Why a JPMorgan strategist says the stock market’s tailspin might have run its course

Hedge fund positioning has lightened considerably since its recent September peak, and JPMorgan strategists deduce from this that downside for stocks is now limited. [...]

Football legend Peyton Manning has invested millions in real estate, including 2 Denver homes
October 22, 2026 9:03
Football legend Peyton Manning has invested millions in real estate, including 2 Denver homes

NFL legend Peyton Manning has traded his days on the football field for a quieter life with his family, and has amassed an impressive real estate portfolio along the way. [...]

Why a global bank is slashing thousands of jobs — and what the Fed says about AI replacing workers
October 22, 2026 8:47
Why a global bank is slashing thousands of jobs — and what the Fed says about AI replacing workers

Barclays on Thursday said it’s cutting 5,000 jobs, about 5% of its workforce, as the bank relies on artificial intelligence to perform back-office tasks. [...]

Tesla’s stock falls as Elon Musk leaves investors wanting more
October 22, 2026 8:46
Tesla’s stock falls as Elon Musk leaves investors wanting more

SpaceX merger commentary is arguably the biggest thing on the minds of Tesla investors right now — and Musk had nothing new to offer on Wednesday. [...]

My father-in-law, 81, sold his $75,000 home and paid off his daughter’s $50,000 debt. What happens to him now?
October 22, 2026 3:15
My father-in-law, 81, sold his $75,000 home and paid off his daughter’s $50,000 debt. What happens to him now?

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

The Social Security Administration wants more babies signed up for ‘Trump accounts.’ But there’s still a catch.
October 22, 2026 1:50
The Social Security Administration wants more babies signed up for ‘Trump accounts.’ But there’s still a catch.

Social Security is looking to reverse an initially slow uptake on Trump accounts [...]

This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax
October 22, 2026 12:48
This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax

Facing a potentially giant tax bill that could threaten his voting power, Zuckerberg was days away from listing his Palo Alto home when Meta agreed to create a new class of stock. [...]

Why investors should be skeptical of a potential Tesla-SpaceX merger
October 21, 2026 9:44
Why investors should be skeptical of a potential Tesla-SpaceX merger

Wall Street is all abuzz over a possible merger between Tesla and SpaceX. But there is a high probability that such a merger would be a bad idea. [...]

Barclays joins growing ranks of employers citing AI as they slash jobs
October 22, 2026 9:44
Tech-sector fear send stock-market futures, Treasury yields lower: markets live
October 22, 2026 9:19
Tesla’s stock falls as Elon Musk leaves investors wanting more
October 21, 2026 11:53
Meta’s stock rises as investors glimpse opportunity that could dwarf ad business
October 21, 2026 11:30
‘Super’ El Niño may soon make your coffee super expensive
October 21, 2026 10:34
Oil is again flowing out of the Persian Gulf. Why prices aren't coming down yet.
October 21, 2026 9:18
Tesla just reported earnings. What investors need to know.
October 21, 2026 8:08
Meta earnings are out, and Muse is top of mind. Here's what to know.
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Tariq Vohra Securities (Private) Limited

Address
Mezzanine floor, 91-C, Jami commercial Street 11, Phase VII, D.H.A.,Karachi
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  • About
    • Vision & Mission
    • Management Profile
    • Details of Associated Companies
    • Management Rating
    • Auditors
    • Legal Advsor
    • Address
    • Contact Details
  • Services
    • Details of Branches
    • Online Trading
    • Details of Registered Agents
    • Mobile Trading
  • Governance
    • Board of Directors
    • Directors Profile
    • Sponsors
    • Audit Committee
    • Pattern of Shareholding
  • Investors Information
    • Financials
    • Statutory Auditors
    • NCB Auditors
    • Monthly LC
    • Monthly NCB
    • Policies & Procedures
    • Account Opening Form
    • Internet Trading Info
  • Investors Portal
    • Investors Complaint Contact
      • PSX Complaint Link
    • Pending Investors Complaint
    • Investors Grievances
    • Penal Action
    • SECP Complaint Link
    • Investors Education
    • Feed Back
    • Misc.
      • FAQ
      • Research
      • Useful Links
      • News
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