Investors Education | Tariq Vohra Securities (Private) Limited

News

Business Recorder - Markets
Business Recorder - Business & Finance
Business Recorder - Latest News
The News International - National
The News International - World
قومی خبریں
بین الاقوامی خبریں
تجارتی خبریں
MarketWatch.com - Top Stories
MarketWatch.com - MarketWatch Breaking News Bulletins
MarketWatch.com - MarketPulse

Japan's Nikkei rises for third day as data, earnings fuel AI optimism

November 11, 2026 6:13

TOKYO: Japan’s Nikkei share gauge climbed for a third straight session on Wednesday, as data and earnings reports restored some optimism to the battered AI sector. The benchmark Nikkei 225 advanced 0.80% to 60,942.48 as of the midday break. The broader Topix climbed 0.79% to 3,924.51. Japanese manufacturers’ sentiment rose to its strongest level in more than five years in November, a Reuters poll showed on Wednesday, as booming semiconductor demand underpinned broad-based optimism. While US stocks closed lower overnight, as hotter-than-expected inflation data raised expectations for a Federal Reserve rate hike, AI cloud company CoreWeave, after the bell, said it would become profitable on an adjusted basis in the first half of 2028. The Wall Street Journal reported that ChatGPT operator OpenAI’s quarterly revenue rose about 50% to $10 billion, even as it continued to post steep operating losses. Global AI-related shares plunged last week on concerns that the US Congress could slow investment in the sector following the Democrats’ landslide victory in the midterm elections. Investor focus now turns to third-quarter earnings from AI bellwether Nvidia next week, said Nomura Securities equity strategist Wataru Akiyama. “If they are strong enough to dispel concerns about the earnings of these AI and semiconductor-related stocks, then that impact will likely spread to Japan’s major AI-related companies as well,” Akiyama said. “This could serve as one of the catalysts for a recovery in those stock prices.” SoftBank Group, one of Japan’s biggest AI investors, said after the close on Tuesday that it swung to a second-quarter net loss of 1.1 trillion yen ($6.93 billion). Its shares tumbled 3.02% on Wednesday. There were 149 advancers on the Nikkei 225 against 75 decliners. The largest percentage gainers were Nichirei, up 8.18% and set for its biggest one-day gain since November 2022, followed by Kokusai Electric and Taiyo Yuden, up around 7.5%. The biggest losers were Mitsui Kinzoku, down 7.28%, followed by DeNA, 6.90% lower, and Tokyu, which sank 5.63% toward its steepest one-day fall since August 2024. [...]

Gold edges higher after sharp selloff, Fed hike bets weigh

November 11, 2026 6:11

Gold prices edged higher on Wednesday after a nearly 3% slide in the previous session, but gains were limited as stronger-than-expected US inflation data cemented expectations of a Federal Reserve interest rate hike next month, weighing on bullion. Spot gold was up 0.3% at $4,043.62 per ounce by 0303 GMT after falling nearly 3% to $4,017.21 on Tuesday. US gold futures for December delivery gained 0.5% to $4,051.10. “We’re seeing a technical retracement against Tuesday’s heavy losses, as bears book profits and wait for the next catalyst. Hot CPI and hawkish Fed comments have revived tightening expectations,“ said Matt Simpson, a senior market analyst at StoneX. The odds of a half-percentage-point Fed rate hike next month surged on Tuesday after data showed US inflation accelerated more than expected in October and policymakers signalled a willingness to tighten policy more aggressively. Traders now see a 100% probability of a rate increase in December, up from 84% prior to the data, according to CME’s FedWatch tool. Although gold is typically seen as an inflation hedge, higher interest rates increase the opportunity cost of holding non-yielding bullion, reducing its appeal to investors. “If we see positive developments in the Middle East that would be supportive for gold from an inflation standpoint. But overall, the near-term macro setup for gold does not seem positive,“ said Soni Kumari, an analyst at ANZ. Fed Vice Chair for Supervision Michelle Bowman joined a growing number of policymakers on Tuesday in stressing that bringing down inflation remains the central bank’s top priority. Philadelphia Fed President Anna Paulson said the central bank has more rate increases ahead as it moves to lower elevated levels of inflation. Among other metals, spot silver climbed 1.7% to $52.38 per ounce, and palladium gained 1.3% to $1,038.38. [...]

PSX: selling at bourse, KSE-100 down over 500 points

November 11, 2026 4:56

Selling was observed at the Pakistan Stock Exchange (PSX) amid concerns about ongoing attacks on shipping in the Strait of Hormuz, with the benchmark KSE-100 Index shedding over 500 points during the opening minutes of trading on Wednesday. At 9:45am, the benchmark index was hovering at 178,812.16, down 523.08 or 0.29%. Key sectors saw selling, including automobile assemblers, cement, commercial banks, oil and gas exploration companies and OMCs. Index-heavy stocks, including HUBCO, SSGC, MARI, PPL, MCB, MEBL, NBP and UBL, traded in the red. On Tuesday, PSX staged a powerful rally as broad-based buying lifted investor sentiment amid easing geopolitical tensions following US President Donald Trump’s peace remarks. The benchmark KSE-100 Index jumped 5,448.56 points, or 3.13%, to close at 179,335.24 points. Globally, bonds tumbled, and the dollar stayed firm after a hot US inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve next month, though stocks remained resilient. Data showed overnight core US inflation ran at a ‌monthly rate of 0.3% in October, higher than the forecast 0.2%. Before the data landed, Fed Governor Christopher Waller said a core reading of 0.3% would prompt him to consider a 50-basis-point hike at the next meeting in December. Dallas Fed President Lorie Logan said two more rate rises were needed, possibly rapidly, and Chicago Fed President Austan Goolsbee warned of a “real inflation issue” on hand, while Philadelphia Fed President Anna Paulson called for gradual rate hikes. Fed funds futures now imply a quarter-point move is essentially locked in, with a 10% probability of a 50 bp rise. A total of three quarter-point moves are fully priced ⁠in by the middle of next year. In Asia, MSCI’s broadest index of Asia-Pacific shares rose 0.2%, defying the weakness on Wall Street, and Japan’s Nikkei climbed 0.6%. Shares of SoftBank Group slid 3.3% after it took a net loss of $7 billion in the second quarter, hit hard by hefty buildout costs for US data centres. South Korea’s KOSPI rose 0.4%, while China’s blue chips lost 0.2%. Nasdaq futures bounced 0.5%, while S&P 500 futures rose ‌0.2%. European ⁠stock futures gained 0.6%. Nvidia remained at the centre of a political storm as the company probes whether CEO Jensen Huang was targeted by a foreign intelligence operation. Its shares slid 5.5% overnight, taking losses from their recent peak to 30%. This is an intraday update [...]

Oil relief to revive rupee rally, US yields surge could act as brake

November 11, 2026 3:07

MUMBAI: The Indian rupee is set to resume its recent rally on Wednesday, drawing support from softer oil prices, while a jump in US Treasury yields after inflation rose faster than expected could be ‌a dampener. The rupee is expected to open in the 93.70 to 93.74 range, per traders, having settled at 93.93275 to the dollar on Monday. Indian financial markets were shut on Tuesday or a local holiday. Brent crude slid below $90 a barrel for the first time since August on Tuesday after US officials played down ⁠the need for further military action against Iran, tempering fears of additional disruptions to Middle Eastern oil supplies. While prices have recovered from their lows of $92.20, they remain more than 6% down this week, following a decline of over 16% last week. Lower oil prices offer the rupee relief from one of its biggest pressure points in recent months. High crude prices had kept the currency under sustained pressure, driving up dollar demand from oil importers and prompting the Reserve Bank of India to open ‌a ⁠special window for oil refiners to meet their dollar requirements outside the market. The RBI’s efforts to address dollar demand, alongside a revival in foreign equity inflows, have helped the rupee recover more than 3% from its recent lows. India has benefited from investors reassessing their concentrated ⁠bets on AI-linked shares and looking to diversify into other markets. “For the rupee, all the right boxes are being ticked right now,” a currency trader at a bank said. However, after the ⁠rupee’s recent rally, the level is looking very attractive for importers, particularly with the risk from US Treasury yields coming into play, he said. US Treasury yields jumped on ⁠Tuesday after data showed that US consumer prices rose more than economists expected in October, leading traders to bolster bets on a larger interest rate hike at the Federal Reserve’s December meeting. [...]

Dollar gains traction as Fed speakers warn of risks from inflation

November 11, 2026 2:58

SINGAPORE: The dollar held gains near a two-week high in early Asian trade on Wednesday as a hotter-than-expected inflation report and hawkish comments from Federal Reserve officials fuelled bets the central bank will raise rates next ‌month. The US dollar index , which measures the greenback’s strength against a basket of six currencies, was steady at 102.22, closing in on its highest level since October 28. The gauge traded up 0.5% on Tuesday after data showed US consumer prices increased by more than expected in October amid higher costs for food and ⁠accommodation. “The rates market isn’t simply pricing another hike,” said Chris Weston, head of research at Pepperstone Group Ltd in Melbourne. “It’s questioning how restrictive US monetary policy may ultimately need to become, and that’s a far more consequential debate for risk assets.” The dollar held onto its gains against its major peers in early Asian trade. The euro and the British pound were flat at $1.1168 and $1.3345, respectively. Against the yen , the US dollar was unchanged at 158.715 yen. The Australian dollar was up 0.1% at $0.6870, edging back ‌from ⁠a seven-month low, while the New Zealand dollar was flat at $0.5605. Comments from voting members of the Federal Reserve’s rate-setting committee signalling unease over high inflation have firmed expectations for further rate hikes, prompting traders to all but abandon bets that the US central bank will stand pat at its ⁠next policy meeting, which concludes on December 9. Fed funds futures now imply a 91.9% chance of a 25-basis-point rate hike next month, up from 84% a day earlier, according to CME Group’s FedWatch tool. ⁠Markets have fully priced out the possibility of a pause and see a 9.1% chance of a larger 50-basis-point move, while assigning better-than-even odds to a second hike ⁠in January. The yield on the US 10-year Treasury bond was up 13.8 basis points at 4.996%. In cryptocurrencies, bitcoin was down 0.3% at $73,566.45 while ether was 0.5% lower at $2,044.61, both trading near three-month lows. [...]

Bonds reel as hot inflation fuels jumbo Fed hike fears

November 11, 2026 2:53

SYDNEY: Global bonds tumbled and the dollar stayed firm after a hot US inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve next month, though stocks remained resilient. Data showed overnight core US inflation ran at a ‌monthly rate of 0.3% in October, higher than the forecast 0.2%. Before the data landed, Fed Governor Christopher Waller said a core reading of 0.3% would prompt him to consider a 50-basis-point hike at the next meeting in December. Dallas Fed President Lorie Logan said two more rate rises were needed, possibly rapidly, and Chicago Fed President Austan Goolsbee warned of a “real inflation issue” on hand, while Philadelphia Fed President Anna Paulson called for gradual rate hikes. Fed funds futures now imply a quarter-point move is essentially locked in, with a 10% probability of a 50 bp rise. A total of three quarter-point moves are fully priced ⁠in by the middle of next year. Two-year Treasury yields surged 18 basis points overnight. Bonds in Asia were sold off, with Japan’s 10-year government bond yield up 7 bps to 2.755%, and Australia’s up 6 bp to 5.05%. “Despite Waller’s comment, we continue to expect a second 25bp rate hike in December because we suspect that most FOMC voters would hesitate to jump to a 50bp hike,” said David Mericle, chief US economist at Goldman. “But we are adding a third 25bp hike to our forecast in March 2027, which would take the funds rate to a peak of 4.25-4.5%.” In Asia, MSCI’s broadest index of Asia-Pacific shares rose 0.2%, defying the weakness on Wall Street, and Japan’s Nikkei climbed 0.6%. Shares of SoftBank Group slid 3.3% after it took a net loss of $7 billion in the second quarter, hit hard by hefty buildout costs for US data centres. Asian stocks climb as sliding oil prices buoy sentiment South Korea’s KOSPI rose 0.4%, while China’s blue chips lost 0.2%. Nasdaq futures bounced 0.5%, while S&P 500 futures rose ‌0.2%. European ⁠stock futures gained 0.6%. Nvidia remained at the centre of a political storm as the company probes whether CEO Jensen Huang was targeted by a foreign intelligence operation. Its shares slid 5.5% overnight, taking losses from their recent peak to 30%. Against that uneasy backdrop, Anthropic is pressing ahead with its listing at a $1.4 trillion valuation, setting up a key test of Wall Street’s faith in the AI boom it helped ignite. The offer period runs until Tuesday with trading expected to start next Thursday. Dollar gains, gold slides The repricing in interest rate expectations lifted ⁠the dollar, which gained 0.5% overnight against its major peers . It edged up another 0.1% on Wednesday to 102.29. The risk-sensitive Australian dollar was the biggest casualty in the currency markets, having dived nearly 0.9% as traders wagered its central bank is done tightening after five rate rises this year with rate cuts expected next year. Treasury yields climbed a little in ⁠Asia. The 2-year Treasury yield rose 2 bps to 4.7482% after surging 18 bps overnight, while the 10-year yield rose 1 bp to 4.9958% after a 12-bp rise overnight. A stronger US dollar hit gold hard, with the precious metal down 2.6% overnight before edging up 0.2% on Wednesday to $4,030.56 an ounce. “With yields higher across ⁠the curve, elevated carry costs, a firmer greenback, and possible liquidity challenges, it is likely that the yellow metal will trade back down to technical support near $3,900/oz,” said analysts at TD Securities. Oil prices rebounded on Wednesday after two days of losses on hopes that the Iran war would be resolved soon after the Democrats’ victory at the US midterm elections. Brent crude futures rose 0.7% to $92.16 a barrel, having dropped as low as $89.16 overnight. [...]

Indian stocks poised for higher open on softer crude, robust foreign buying

November 11, 2026 2:49

Indian shares were expected to open higher on Wednesday after a holiday break, supported by a sharp drop in crude oil prices and strong foreign fund inflows. GIFT ‌Nifty futures were at 25,334 as of 7:41 a.m. IST, indicating a positive start for the benchmark Nifty 50, which ended at a more than eight-month closing high of 25,044.65 on Monday. Indian markets were closed on Tuesday for Diwali. Brent crude ⁠futures slid to a two-month low of $89.16 per barrel on Tuesday after US officials played down the need for additional military action against Iran, easing concerns over supply disruptions. Prices were up 0.5% at $92 on Wednesday. The Nifty 50 and the BSE Sensex have gained nearly 9% so far this month as easing crude oil prices, strong domestic earnings and a selloff in global chipmakers brought foreign portfolio ‌investors (FPIs) ⁠back to India. FPIs have bought Indian shares worth $5.68 billion so far in November, already making their biggest monthly purchase since September 2024. Meanwhile, US Treasury yields jumped and Wall Street stocks fell overnight after hotter-than-anticipated inflation data boosted ⁠chances of a half-percentage-point Federal Reserve interest-rate hike next month. [...]

Oil rises from two-month low as Hormuz shipping attacks offset Iran truce hopes

November 11, 2026 2:46

BEIJING: Oil prices rose on Wednesday after falling to two-month lows in the previous session, as the market swung between hopes for a de-escalation in the Iran war and concerns about ongoing attacks on shipping in the Strait of Hormuz. Brent ‌futures climbed 71 cents, or 0.78%, to $92.20 a barrel by 0119 GMT. US West Texas Intermediate (WTI) crude rose 49 cents, or 0.57%, to $86.53. New data showed that 37 ships were attacked in the Strait of Hormuz and surrounding waterways in October, the highest monthly total since the start of the war, according to the Washington Institute for Near East Policy. And 10 attacks ⁠have been recorded so far in November. Videos posted on social media on Sunday and verified by Reuters showed a Navig8 tanker on fire near the coast of Oman, one of three tankers hit on Sunday for using “unauthorised routes” through the strait, according to the Iranian state broadcaster. Iran says no unauthorised vessels transited Strait of Hormuz overnight after navigation aids destroyed Another tanker was struck northeast of Oman’s Lima, the United Kingdom Maritime Trade Operations (UKMTO) agency said on Tuesday. Iran’s Revolutionary Guards Navy said in a separate statement on Tuesday that two tankers caught fire after hitting naval mines on the “unauthorized route” in the strait. “Even in the event a deal is struck, an increase ‌in ⁠flows through the waterway would still depend on mine clearance, insurance costs and whether or not shipowners would even be willing to take the risk,” LSEG analysts said in a November 10 note. “Meanwhile, attacks have not slowed.” In the previous session, oil prices initially fell by more than $3 a barrel after US officials downplayed the need for further ⁠military strikes against Iran, but then gained back some of those losses after an Iranian security official said no talks were taking place between the two sides. US crude oil stocks rose in the latest week, market sources said, ⁠citing data from the American Petroleum Institute. Crude stocks rose by 9 million barrels in the week ended November 6, the sources said. Hormuz vessel crossings extend slide on fresh US-Iran attacks In Russia, oil refining capacity has been reduced by about 30% since ⁠late October following renewed Ukrainian drone attacks, industry sources said. Russian and Ukrainian officials met in Abu Dhabi on Tuesday for their first peace talks since February as US President Donald Trump’s envoys launched a fresh push to end the war. [...]

Rupee records gain against US dollar

November 10, 2026 4:11

PKR vs USD Exchange Rate Chart @import url('https://fonts.googleapis.com/css2?family=Plus+Jakarta+Sans:wght@400;500;600;700&display=swap'); #pkr-chart-embed { font-family: 'Plus Jakarta Sans', -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, sans-serif; max-width: 1000px; width: 100%; margin: 24px auto; background-color: #ffffff; border: 1px solid #e2e8f0; border-radius: 20px; padding: 24px; box-shadow: 0 10px 25px -5px rgba(15, 23, 42, 0.05), 0 8px 10px -6px rgba(15, 23, 42, 0.05); color: #0f172a; box-sizing: border-box; } #pkr-chart-embed * { box-sizing: border-box; margin: 0; padding: 0; } #pkr-chart-embed .chart-header { display: flex; flex-direction: column; gap: 20px; margin-bottom: 20px; width: 100%; } #pkr-chart-embed .top-row { display: flex; flex-direction: row; justify-content: space-between; align-items: flex-start; gap: 20px; } #pkr-chart-embed .calculator-area { display: flex; flex-direction: column; gap: 8px; align-items: flex-start; } #pkr-chart-embed .main-title { font-size: 22px; font-weight: 700; color: #0f172a; letter-spacing: -0.025em; display: flex; flex-wrap: wrap; align-items: center; gap: 10px; } #pkr-chart-embed .currency-badge { font-size: 11px; font-weight: 600; color: #4f46e5; background-color: rgba(79, 70, 229, 0.08); padding: 3px 10px; border-radius: 9999px; border: 1px solid rgba(79, 70, 229, 0.15); text-transform: uppercase; } #pkr-chart-embed .calculator-title { font-size: 10px; font-weight: 700; color: #64748b; text-transform: uppercase; letter-spacing: 0.05em; } #pkr-chart-embed .converter { display: flex; align-items: center; background: #f8fafc; border: 1px solid #e2e8f0; border-radius: 12px; padding: 4px; gap: 6px; } #pkr-chart-embed .converter-group { display: flex; align-items: center; background: #ffffff; border-radius: 8px; padding: 6px 10px; box-shadow: 0 1px 2px rgba(15, 23, 42, 0.05); border: 1px solid #e2e8f0; } #pkr-chart-embed .converter-input { border: none; outline: none; width: 90px; font-family: inherit; font-weight: 700; color: #0f172a; font-size: 14px; text-align: right; background: transparent; } #pkr-chart-embed .converter-input.pkr-field { width: 120px; } #pkr-chart-embed .converter-label { font-size: 11px; font-weight: 700; color: #64748b; margin-left: 6px; } #pkr-chart-embed .equals-sign { color: #94a3b8; font-weight: 600; font-size: 16px; } #pkr-chart-embed .rate-badge-container { display: flex; flex-direction: column; align-items: flex-end; gap: 6px; } #pkr-chart-embed .rate-label-sub { text-align: right; } #pkr-chart-embed .rate-label-sub span:first-child { display: block; font-size: 9px; text-transform: uppercase; font-weight: 700; color: #64748b; } #pkr-chart-embed .rate-label-sub span:last-child { display: block; font-size: 12px; color: #334155; font-weight: 600; } #pkr-chart-embed .rate-badge { display: inline-flex; align-items: center; gap: 8px; background: linear-gradient(135deg, #4f46e5, #3b82f6); color: #ffffff; font-weight: 700; font-size: 14px; padding: 8px 14px; border-radius: 12px; box-shadow: 0 8px 16px -3px rgba(79, 70, 229, 0.25); } #pkr-chart-embed .pulse-dot { width: 8px; height: 8px; border-radius: 50%; background-color: #ffffff; animation: pkrPulse 1.5s infinite; } @keyframes pkrPulse { 0% { transform: scale(0.95); opacity: 0.6; } 50% { transform: scale(1.15); opacity: 1; } 100% { transform: scale(0.95); opacity: 0.6; } } #pkr-chart-embed .toolbar { display: flex; justify-content: space-between; align-items: center; flex-wrap: wrap; gap: 12px; margin-bottom: 16px; padding-bottom: 12px; border-bottom: 1px solid #f1f5f9; } #pkr-chart-embed .timeframe-selector { display: flex; gap: 4px; background: #f1f5f9; padding: 3px; border-radius: 10px; } #pkr-chart-embed .tf-btn { border: none; background: transparent; font-family: inherit; font-size: 12px; font-weight: 600; color: #64748b; padding: 5px 12px; border-radius: 7px; cursor: pointer; transition: all 0.2s ease; } #pkr-chart-embed .tf-btn.active { background: #ffffff; color: #4f46e5; box-shadow: 0 1px 3px rgba(0,0,0,0.1); } #pkr-chart-embed .stats-row { display: flex; gap: 16px; flex-wrap: wrap; } #pkr-chart-embed .stat-item { font-size: 12px; color: #64748b; } #pkr-chart-embed .stat-item strong { color: #0f172a; font-weight: 700; } #pkr-chart-embed .chart-canvas-container { position: relative; width: 100%; height: 380px; } @media (max-width: 768px) { #pkr-chart-embed .chart-canvas-container { height: 300px; } #pkr-chart-embed .top-row { flex-direction: column; align-items: flex-start; } #pkr-chart-embed .rate-badge-container { align-items: flex-start; } #pkr-chart-embed .rate-label-sub { text-align: left; } #pkr-chart-embed .toolbar { flex-direction: column; align-items: flex-start; } } PKR vs USD Exchange Rate USD / PKR Calculator USD = PKR Latest Closing 10-Nov-26 276.65 PKR 1M 3M 6M 1Y ALL High: -- Low: -- Avg: -- Change: -- (function() { // Historical closing rate dataset updated with 10-Nov-26 const rawLabels = ["04-Mar-25", "05-Mar-25", "06-Mar-25", "07-Mar-25", "10-Mar-25", "11-Mar-25", "12-Mar-25", "13-Mar-25", "14-Mar-25", "17-Mar-25", "18-Mar-25", "19-Mar-25", "20-Mar-25", "21-Mar-25", "24-Mar-25", "25-Mar-25", "26-Mar-25", "27-Mar-25", "28-Mar-25", "03-Apr-25", "04-Apr-25", "07-Apr-25", "08-Apr-25", "09-Apr-25", "10-Apr-25", "11-Apr-25", "14-Apr-25", "15-Apr-25", "16-Apr-25", "17-Apr-25", "18-Apr-25", "21-Apr-25", "22-Apr-25", "23-Apr-25", "24-Apr-25", "25-Apr-25", "28-Apr-25", "29-Apr-25", "30-Apr-25", "02-May-25", "05-May-25", "06-May-25", "07-May-25", "08-May-25", "09-May-25", "12-May-25", "13-May-25", "14-May-25", "15-May-25", "16-May-25", "19-May-25", "20-May-25", "21-May-25", "22-May-25", "23-May-25", "26-May-25", "27-May-25", "29-May-25", "30-May-25", "02-Jun-25", "03-Jun-25", "04-Jun-25", "05-Jun-25", "10-Jun-25", "11-Jun-25", "12-Jun-25", "13-Jun-25", "16-Jun-25", "17-Jun-25", "18-Jun-25", "19-Jun-25", "20-Jun-25", "23-Jun-25", "24-Jun-25", "25-Jun-25", "26-Jun-25", "27-Jun-25", "30-Jun-25", "02-Jul-25", "03-Jul-25", "04-Jul-25", "07-Jul-25", "08-Jul-25", "09-Jul-25", "10-Jul-25", "11-Jul-25", "14-Jul-25", "15-Jul-25", "16-Jul-25", "17-Jul-25", "18-Jul-25", "21-Jul-25", "22-Jul-25", "23-Jul-25", "24-Jul-25", "25-Jul-25", "28-Jul-25", "29-Jul-25", "30-Jul-25", "31-Jul-25", "01-Aug-25", "04-Aug-25", "05-Aug-25", "06-Aug-25", "07-Aug-25", "08-Aug-25", "11-Aug-25", "12-Aug-25", "13-Aug-25", "15-Aug-25", "18-Aug-25", "19-Aug-25", "20-Aug-25", "21-Aug-25", "22-Aug-25", "25-Aug-25", "26-Aug-25", "27-Aug-25", "28-Aug-25", "29-Aug-25", "01-Sep-25", "02-Sep-25", "03-Sep-25", "04-Sep-25", "05-Sep-25", "08-Sep-25", "09-Sep-25", "10-Sep-25", "11-Sep-25", "12-Sep-25", "15-Sep-25", "16-Sep-25", "17-Sep-25", "18-Sep-25", "19-Sep-25", "21-Sep-25", "22-Sep-25", "23-Sep-25", "24-Sep-25", "25-Sep-25", "26-Sep-25", "29-Sep-25", "30-Sep-25", "01-Oct-25", "02-Oct-25", "03-Oct-25", "06-Oct-25", "07-Oct-25", "08-Oct-25", "09-Oct-25", "10-Oct-25", "13-Oct-25", "14-Oct-25", "15-Oct-25", "16-Oct-25", "17-Oct-25", "20-Oct-25", "21-Oct-25", "22-Oct-25", "23-Oct-25", "24-Oct-25", "27-Oct-25", "28-Oct-25", "29-Oct-25", "30-Oct-25", "31-Oct-25", "03-Nov-25", "04-Nov-25", "05-Nov-25", "06-Nov-25", "07-Nov-25", "10-Nov-25", "11-Nov-25", "12-Nov-25", "13-Nov-25", "14-Nov-25", "17-Nov-25", "18-Nov-25", "19-Nov-25", "20-Nov-25", "21-Nov-25", "24-Nov-25", "25-Nov-25", "26-Nov-25", "27-Nov-25", "28-Nov-25", "01-Dec-25", "02-Dec-25", "03-Dec-25", "04-Dec-25", "05-Dec-25", "08-Dec-25", "09-Dec-25", "10-Dec-25", "11-Dec-25", "12-Dec-25", "15-Dec-25", "16-Dec-25", "17-Dec-25", "18-Dec-25", "19-Dec-25", "22-Dec-25", "23-Dec-25", "24-Dec-25", "26-Dec-25", "29-Dec-25", "30-Dec-25", "31-Dec-25", "02-Jan-26", "05-Jan-26", "06-Jan-26", "07-Jan-26", "08-Jan-26", "09-Jan-26", "12-Jan-26", "13-Jan-26", "14-Jan-26", "15-Jan-26", "16-Jan-26", "19-Jan-26", "20-Jan-26", "21-Jan-26", "22-Jan-26", "23-Jan-26", "26-Jan-26", "27-Jan-26", "28-Jan-26", "29-Jan-26", "30-Jan-26", "02-Feb-26", "03-Feb-26", "04-Feb-26", "06-Feb-26", "09-Feb-26", "10-Feb-26", "11-Feb-26", "12-Feb-26", "13-Feb-26", "16-Feb-26", "17-Feb-26", "18-Feb-26", "20-Feb-26", "23-Feb-26", "24-Feb-26", "25-Feb-26", "26-Feb-26", "27-Feb-26", "02-Mar-26", "03-Mar-26", "04-Mar-26", "05-Mar-26", "06-Mar-26", "09-Mar-26", "10-Mar-26", "11-Mar-26", "12-Mar-26", "13-Mar-26", "16-Mar-26", "17-Mar-26", "18-Mar-26", "19-Mar-26", "24-Mar-26", "25-Mar-26", "26-Mar-26", "27-Mar-26", "30-Mar-26", "31-Mar-26", "01-Apr-26", "02-Apr-26", "03-Apr-26", "04-Apr-26", "06-Apr-26", "07-Apr-26", "08-Apr-26", "09-Apr-26", "10-Apr-26", "13-Apr-26", "14-Apr-26", "14-Apr-26", "15-Apr-26", "16-Apr-26", "17-Apr-26", "20-Apr-26", "21-Apr-26", "22-Apr-26", "23-Apr-26", "24-Apr-26", "27-Apr-26", "28-Apr-26", "29-Apr-26", "30-Apr-26", "04-May-26", "05-May-26", "06-May-26", "07-May-26", "08-May-26", "11-May-26", "12-May-26", "13-May-26", "14-May-26", "15-May-26", "18-May-26", "19-May-26", "20-May-26", "21-May-26", "22-May-26", "25-May-26", "29-May-26", "01-Jun-26", "02-Jun-26", "03-Jun-26", "04-Jun-26", "05-Jun-26", "08-Jun-26", "09-Jun-26", "10-Jun-26", "11-Jun-26", "12-Jun-26", "15-Jun-26", "16-Jun-26", "17-Jun-26", "18-Jun-26", "19-Jun-26", "22-Jun-26", "23-Jun-26", "24-Jun-26", "29-Jun-26", "30-Jun-26", "02-Jul-26", "03-Jul-26", "06-Jul-26", "07-Jul-26", "08-Jul-26", "09-Jul-26", "10-Jul-26", "13-Jul-26", "14-Jul-26", "15-Jul-26", "16-Jul-26", "17-Jul-26", "20-Jul-26", "21-Jul-26", "22-Jul-26", "23-Jul-26", "24-Jul-26", "27-Jul-26", "28-Jul-26", "29-Jul-26", "30-Jul-26", "03-Aug-26", "04-Aug-26", "05-Aug-26", "06-Aug-26", "07-Aug-26", "10-Aug-26", "11-Aug-26", "12-Aug-26", "13-Aug-26", "17-Aug-26", "18-Aug-26", "20-Aug-26", "21-Aug-26", "24-Aug-26", "25-Aug-26", "27-Aug-26", "28-Aug-26", "31-Aug-26", "01-Sep-26", "02-Sep-26", "03-Sep-26", "04-Sep-26", "07-Sep-26", "08-Sep-26", "09-Sep-26", "10-Sep-26", "11-Sep-26", "14-Sep-26", "15-Sep-26", "16-Sep-26", "17-Sep-26", "18-Sep-26", "21-Sep-26", "22-Sep-26", "23-Sep-26", "24-Sep-26", "25-Sep-26", "28-Sep-26", "29-Sep-26", "30-Sep-26", "01-Oct-26", "02-Oct-26", "05-Oct-26", "06-Oct-26", "07-Oct-26", "08-Oct-26", "09-Oct-26", "12-Oct-26", "13-Oct-26", "14-Oct-26", "15-Oct-26", "16-Oct-26", "19-Oct-26", "20-Oct-26", "21-Oct-26", "22-Oct-26", "23-Oct-26", "26-Oct-26", "27-Oct-26", "28-Oct-26", "29-Oct-26", "30-Oct-26", "02-Nov-26", "03-Nov-26", "04-Nov-26", "05-Nov-26", "06-Nov-26", "10-Nov-26"]; const rawData = [279.77, 279.87, 279.82, 279.97, 280.07, 279.95, 279.97, 280.05, 280.21, 280.17, 280.27, 280.21, 280.22, 280.26, 280.37, 280.42, 280.26, 280.22, 280.16, 280.56, 280.47, 280.57, 280.73, 280.78, 280.56, 280.47, 280.60, 280.57, 280.46, 280.62, 280.72, 280.87, 280.77, 280.97, 281.07, 280.97, 281.07, 281.02, 280.97, 281.06, 281.22, 281.37, 281.47, 281.52, 281.71, 281.57, 281.67, 281.72, 281.61, 281.66, 281.77, 281.92, 281.97, 282.06, 281.97, 282.06, 282.17, 282.07, 282.02, 281.97, 282.12, 282.22, 282.17, 282.21, 282.47, 282.67, 282.96, 283.17, 283.41, 283.55, 283.64, 283.70, 283.87, 283.77, 283.72, 283.67, 283.72, 283.76, 283.95, 283.86, 283.97, 284.22, 284.36, 284.47, 284.56, 284.46, 284.72, 284.67, 284.96, 284.97, 284.87, 284.95, 284.97, 284.76, 284.22, 283.45, 283.21, 283.05, 282.95, 282.87, 282.66, 282.57, 282.67, 282.56, 282.47, 282.45, 282.42, 282.22, 282.06, 282.01, 281.96, 281.95, 281.92, 281.90, 281.87, 281.86, 281.83, 281.80, 281.77, 281.75, 281.72, 281.71, 281.67, 281.65, 281.62, 281.61, 281.60, 281.56, 281.55, 281.52, 281.51, 281.50, 281.47, 281.46, 281.45, 281.46, 281.42, 281.43, 281.41, 281.37, 281.35, 281.32, 281.31, 281.27, 281.26, 281.25, 281.22, 281.21, 281.20, 281.17, 281.16, 281.15, 281.12, 281.11, 281.10, 281.07, 281.06, 281.05, 281.03, 281.02, 281.01, 280.97, 280.96, 280.92, 280.91, 280.90, 280.87, 280.86, 280.85, 280.82, 280.81, 280.78, 280.77, 280.76, 280.72, 280.71, 280.67, 280.66, 280.66, 280.65, 280.62, 280.61, 280.57, 280.56, 280.55, 280.52, 280.51, 280.47, 280.46, 280.45, 280.42, 280.41, 280.40, 280.37, 280.36, 280.32, 280.31, 280.30, 280.27, 280.26, 280.25, 280.22, 280.21, 280.20, 280.17, 280.16, 280.15, 280.12, 280.11, 280.10, 280.07, 280.06, 280.05, 280.02, 280.01, 280.00, 279.97, 279.96, 279.95, 279.92, 279.91, 279.90, 279.87, 279.86, 279.85, 279.82, 279.81, 279.80, 279.77, 279.76, 279.75, 279.72, 279.71, 279.70, 279.67, 279.66, 279.65, 279.62, 279.61, 279.60, 279.57, 279.56, 279.55, 279.52, 279.51, 279.50, 279.47, 279.46, 279.45, 279.42, 279.41, 279.40, 279.37, 279.36, 279.35, 279.32, 279.31, 279.30, 279.27, 279.26, 279.25, 279.22, 279.21, 279.20, 279.17, 279.16, 279.15, 279.12, 279.11, 279.10, 279.07, 279.06, 279.05, 279.02, 279.01, 279.00, 278.97, 278.96, 278.95, 278.92, 278.91, 278.90, 278.87, 278.86, 278.85, 278.82, 278.81, 278.80, 278.77, 278.76, 278.75, 278.72, 278.71, 278.70, 278.67, 278.66, 278.65, 278.62, 278.61, 278.60, 278.57, 278.56, 278.55, 278.52, 278.51, 278.50, 278.47, 278.46, 278.45, 278.42, 278.41, 278.40, 278.37, 278.36, 278.35, 278.32, 278.31, 278.30, 278.27, 278.26, 278.25, 278.22, 278.21, 278.20, 278.17, 278.16, 278.15, 278.12, 278.11, 278.10, 278.07, 278.06, 278.05, 278.02, 278.01, 278.00, 277.95, 277.95, 277.92, 277.91, 277.90, 277.87, 277.86, 277.85, 277.82, 277.81, 277.80, 277.77, 277.76, 277.75, 277.72, 277.71, 277.70, 277.67, 277.66, 277.65, 277.62, 277.61, 277.57, 277.56, 277.55, 277.52, 277.51, 277.50, 277.47, 277.46, 277.45, 277.42, 277.41, 277.40, 277.37, 277.36, 277.35, 277.32, 277.31, 277.30, 277.27, 277.26, 277.25, 277.22, 277.21, 277.20, 277.17, 277.16, 277.15, 277.12, 277.11, 277.10, 277.07, 277.06, 277.05, 277.02, 277.01, 277.00, 276.97, 276.96, 276.95, 276.92, 276.91, 276.90, 276.87, 276.86, 276.85, 276.82, 276.81, 276.80, 276.77, 276.76, 276.75, 276.72, 276.71, 276.70, 276.67, 276.66, 276.65]; const currentExchangeRate = rawData[rawData.length - 1]; const usdInput = document.getElementById('usdInput'); const pkrInput = document.getElementById('pkrInput'); const latestBadgeRate = document.getElementById('latestBadgeRate'); const latestDateLabel = document.getElementById('latestDateLabel'); const statHigh = document.getElementById('statHigh'); const statLow = document.getElementById('statLow'); const statAvg = document.getElementById('statAvg'); const statChange = document.getElementById('statChange'); const tfBtns = document.querySelectorAll('.tf-btn'); if (latestDateLabel) latestDateLabel.textContent = rawLabels[rawLabels.length - 1]; if (latestBadgeRate) latestBadgeRate.textContent = `${currentExchangeRate.toFixed(2)} PKR`; if (pkrInput) pkrInput.value = (1 * currentExchangeRate).toFixed(2); if (usdInput && pkrInput) { usdInput.addEventListener('input', function() { const val = parseFloat(this.value); pkrInput.value = !isNaN(val) ? (val * currentExchangeRate).toFixed(2) : ''; }); pkrInput.addEventListener('input', function() { const val = parseFloat(this.value); usdInput.value = !isNaN(val) ? (val / currentExchangeRate).toFixed(2) : ''; }); } const ctx = document.getElementById('closingRatesChart').getContext('2d'); const gradient = ctx.createLinearGradient(0, 0, 0, 300); gradient.addColorStop(0, 'rgba(79, 70, 229, 0.25)'); gradient.addColorStop(1, 'rgba(79, 70, 229, 0.0)'); let chart = new Chart(ctx, { type: 'line', data: { labels: rawLabels, datasets: [{ label: 'USD / PKR Rate', data: rawData, borderColor: '#4f46e5', borderWidth: 2, pointRadius: 0, pointHoverRadius: 5, pointHoverBackgroundColor: '#4f46e5', fill: true, backgroundColor: gradient, tension: 0.2 }] }, options: { responsive: true, maintainAspectRatio: false, plugins: { legend: { display: false }, tooltip: { mode: 'index', intersect: false, backgroundColor: '#0f172a', titleFont: { family: "'Plus Jakarta Sans', sans-serif", size: 12 }, bodyFont: { family: "'Plus Jakarta Sans', sans-serif", size: 13, weight: 'bold' }, padding: 10, cornerRadius: 8, callbacks: { label: function(context) { return ` Rate: ${context.parsed.y.toFixed(2)} PKR`; } } } }, scales: { x: { grid: { display: false }, ticks: { font: { family: "'Plus Jakarta Sans', sans-serif", size: 11 }, color: '#94a3b8', maxTicksLimit: 8 } }, y: { grid: { color: '#f1f5f9' }, ticks: { font: { family: "'Plus Jakarta Sans', sans-serif", size: 11 }, color: '#94a3b8', callback: function(val) { return val.toFixed(2); } } } } } }); function updateStats(filteredData) { if (!filteredData || filteredData.length === 0) return; const max = Math.max(...filteredData); const min = Math.min(...filteredData); const sum = filteredData.reduce((acc, curr) => acc + curr, 0); const avg = sum / filteredData.length; const first = filteredData[0]; const last = filteredData[filteredData.length - 1]; const diff = last - first; const pct = ((diff / first) * 100).toFixed(2); statHigh.textContent = max.toFixed(2); statLow.textContent = min.toFixed(2); statAvg.textContent = avg.toFixed(2); statChange.textContent = `${diff >= 0 ? '+' : ''}${diff.toFixed(2)} (${diff >= 0 ? '+' : ''}${pct}%)`; statChange.style.color = diff >= 0 ? '#10b981' : '#ef4444'; } function filterData(days) { if (days === 'all') { chart.data.labels = rawLabels; chart.data.datasets[0].data = rawData; updateStats(rawData); } else { const count = parseInt(days, 10); chart.data.labels = rawLabels.slice(-count); chart.data.datasets[0].data = rawData.slice(-count); updateStats(rawData.slice(-count)); } chart.update(); } tfBtns.forEach(btn => { btn.addEventListener('click', function() { tfBtns.forEach(b => b.classList.remove('active')); this.classList.add('active'); filterData(this.getAttribute('data-range')); }); }); updateStats(rawData); })(); (function () { var me = document.currentScript || document.scripts[document.scripts.length - 1]; var wrapper = me && me.closest('.raw-html-embed-wrapper'); var source = wrapper && wrapper.querySelector('script.raw-html-source'); if (!source || wrapper._rawHtmlMounted) return; wrapper._rawHtmlMounted = true; // position:sticky breaks under any overflow:hidden ancestor. "clip" hides the same overflow // without creating a scroll container. for (var a = wrapper.parentElement; a; a = a.parentElement) { var cs = getComputedStyle(a); if (cs.overflowX === 'hidden') a.style.overflowX = 'clip'; if (cs.overflowY === 'hidden') a.style.overflowY = 'clip'; } // Undo the server-side escaping of closing script tags / comment openers. var html = source.textContent.replace(/ window.innerHeight; if (pinned) { stage.style.position = 'sticky'; stage.style.top = '0'; fillScreen(stage); track.style.height = h + 'px'; max = Math.max(0, h - frame.clientHeight); } else { // Grow only: vh-based content would otherwise shrink with its own frame, forever. fitH = Math.max(fitH, h); stage.style.position = 'static'; stage.style.height = fitH + 'px'; track.style.height = 'auto'; max = 0; } sync(true); } // inside the frame would only scroll the (non-scrollable) frame. Scroll the page instead. function onAnchorClick(e) { var link = e.target.closest && e.target.closest('a[href^="#"]'); if (!link || e.defaultPrevented) return; var id = link.getAttribute('href').slice(1); try { id = decodeURIComponent(id); } catch (x) { } var target = id ? doc.getElementById(id) : null; if (id && !target) return; e.preventDefault(); var inFrame = target ? target.getBoundingClientRect().top + win.scrollY : 0; window.scrollTo({ top: track.getBoundingClientRect().top + window.scrollY + (pinned ? Math.min(inFrame, max) : inFrame), behavior: 'smooth' }); } frame.addEventListener('load', function () { try { win = frame.contentWindow; doc = win.document; var ro = new win.ResizeObserver(measure); // created in the frame's realm ro.observe(doc.documentElement); if (doc.body) ro.observe(doc.body); doc.addEventListener('click', onAnchorClick); measure(); } catch (e) { // No script access to the frame: fall back to a plain scrollable frame. win = null; frame.removeAttribute('scrolling'); stage.style.position = 'static'; fillScreen(stage); track.style.height = 'auto'; } }); fillScreen(stage); fillScreen(track); // placeholder until the frame has loaded and been measured window.addEventListener('scroll', function () { sync(false); }, { passive: true }); window.addEventListener('resize', measure); stage.appendChild(frame); track.appendChild(stage); wrapper.appendChild(track); })(); The Pakistani rupee continued its marginal gain against the US dollar in the inter-bank market on Tuesday. The local unit closed the day at 276.65, a gain of Re0.01 against the greenback. During the previous week, the Pakistani rupee extended its marginal gain against the US dollar, appreciating 0.03% in the inter-bank market. The local unit closed at 276.66 against the greenback, a gain of Re0.09 from 276.75 it had closed at a week earlier, according to State Bank of Pakistan (SBP) data. Workers’ remittances were recorded at $3.9 billion during October 2026. In terms of growth, remittances increased in October 2026 by 13.8% on year-on-year basis and 8.5% on month-on-month basis. Internationally, the US dollar found support following a bumpy few days and held firm in Tuesday’s Asia session while traders waited for US inflation data, which could push it higher if it bolsters rate hike bets. A tumble ‌in oil prices and gains overnight for stocks had knocked the dollar lower as investors rotated back into riskier assets. The trade and sentiment-sensitive Australian dollar rose by nearly 1% through Monday to sit at $0.6921 early on Tuesday and the New Zealand dollar rose even further to trade at $0.5624, with both steady in morning Asia trade. The euro jumped 0.7% overnight to $1.1220, reversing a Friday fall when strong US jobs data lifted the dollar and interest rate expectations, and putting ⁠the euro/dollar pair roughly into the middle of a range it has held for a month. The market is long dollars, and the dollar index has gained this year as early expectations for US interest rate cuts quickly turned to bets on hikes after the US-Israeli war on Iran drove up energy prices and fuelled inflation. A blowout October jobs report on Friday, with hiring more than twice forecasts, has markets pricing an 85% chance of a Federal Reserve rate increase next month. Oil prices, a key indicator of currency parity, extended losses from the previous session on Tuesday after US President Donald Trump downplayed the need for additional military action against Iran, ‌easing fears of sustained Middle East supply disruptions, with prospects of oversupply also in focus. Brent crude futures were down $2.92, or 3.15%, at $89.65 a barrel by 1334 GMT. US West Texas Intermediate (WTI) futures fell $2.33, or 2.68%, to $84.52. Inter-bank market rates for dollar on Tuesday BID Rs 276.65 OFFER Rs 276.85 Open-market movement In the open market, the PKR gained 1 paisa for buying and 3 paise for selling against USD, closing at 277.30 and 278.44, respectively. Against Euro, the PKR lost 95 paise for buying and 68 paise for selling, closing at 310.58 and 313.45, respectively. Against UAE Dirham, the PKR gained 1 paisa for both buying and selling, closing at 75.53 and 76.12, respectively. Against Saudi Riyal, the PKR gained 1 paisa for buying and lost 1 paisa for selling, closing at 73.84 and 74.41, respectively. Open-market rates for dollar on Tuesday BID Rs 277.30 OFFER Rs 278.44 [...]

Financial, communications stocks lift Sri Lankan shares higher

November 10, 2026 1:29

Sri Lankan shares closed higher on Tuesday, led by financial and communications stocks. The CSE All-Share index settled 2.75% higher at 22,123.39 points. Commercial Bank of Ceylon and Dialog Axiata were the top boost to the index, up 4.28% and 4.88%, respectively, on the day. Trading volume on the index rose to 249.3 million shares from 144.4 million shares in the previous session. The equity market’s turnover rose to 7.91 billion Sri Lankan rupees ($23.81 million) from 3.33 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 1.26 billion rupees, while domestic investors were net buyers, purchasing shares worth 7.85 billion rupees, the data showed. [...]

Gulf stocks close higher as Trump dials back Iran strike talk

November 10, 2026 1:26

Gulf bourses ended higher on Tuesday after US President Donald Trump said military action against Iran isn’t needed “at this point”. Trump plans to hold off on fresh strikes for now after appeals from regional allies including Qatar’s prime minister. However, the naval blockade in the Strait of Hormuz stays in place for the time being. Saudi Arabia’s benchmark index rose 0.6%, with Al Rajhi Bank gaining 2.6% and the country’s biggest lender by assets Saudi National closing 0.8% higher. On the other hand, oil major Saudi Aramco dropped 1.9%. Saudi-led coalition forces in Yemen said Tuesday they intercepted two missiles fired by the Iran-aligned Houthis at Riyadh. A ballistic missile heading for the kingdom’s south and a drone over the Eastern Province were also intercepted. The overnight salvo points to a sharp spike in military activity across Saudi territory. The Eastern Province is the kingdom’s economic engine. It holds most of Saudi Arabia’s oil and gas reserves and houses the headquarters of Aramco. That site took heavy damage in an October attack. Gulf bourses extended their rally as calmer regional news brightened investor mood. Fresh confirmation that new military strikes are off the table added momentum. Traders are now watching negotiations that could ease shipping disruption at key sea lanes. Strong third-quarter earnings also helped push prices higher, said Milad Azar, market analyst at XTB MENA. Dubai’s main share index advanced 1.4%, buoyed by a 3.5% jump in top lender Emirates NBD . Elsewhere, logistics firm Aramex surged 7.5% — to be the top gainer on the index — following a steep rise in third-quarter profit. In Abu Dhabi, the index was up 0.8%, while the Qatari index gained 0.7%. Outside the Gulf, Egypt’s blue-chip index advanced 2.1%, with Commercial International Bank rising 2.3%, after reporting a rise in third-quarter net interest income. Saudi Arabia rose 0.6% to 10,168 Abu Dhabi gained 0.8% to 9,556 Dubai advanced 1.4% to 6,170 Qatar added 0.7% to 10,177 Egypt leapt 2.1% to 52,503 Bahrain was up 0.2% to 1,824 Oman increased 0.6% to 7,279 Kuwait inched up 0.1% to 8,975 [...]

PSX: KSE-100 settles with over 3% gain as US-Iran tensions ease

November 10, 2026 1:18

Massive buying was observed at the Pakistan Stock Exchange (PSX) after US President Donald Trump said US military action against Iran is not necessary “at this point”, with the benchmark KSE-100 gaining over 3%, its biggest single-day gain in recent weeks, on Tuesday. The index opened higher and held gains through the session to close near its intraday high of 179,424.04. At close, the benchmark index settled at 179,335.24, up 5,448.56 points or 3.13%. “Today’s rally reflects a clear repricing of risk on the PSX,” Saad Hanif of Ismail Iqbal Securities told Business Recorder. “Easing geopolitical tensions have lowered the risk premium on Pakistani equities, while softer oil prices bode well for the import bill, current account and inflation outlook. If sustained, this could also open room for monetary easing, and investors are positioning early,” he added. Topline Securities said investor sentiment remained upbeat amid easing international oil prices and diminishing concerns over a potential escalation in geopolitical tensions between the United States and Iran. The decline in global crude oil prices further bolstered market confidence, it added. On the contribution front, UBL, FFC, HUBC, LUCK and MEBL emerged as the leading positive contributors, collectively adding approximately 1,982 points to the benchmark index and providing significant support to the market’s overall performance, Topline said. During the previous week, the PSX recorded its strongest weekly rally in nearly six months, with the benchmark KSE-100 Index surging 7,477.44 points, or 4.5% week-on-week, to close at 173,886.69 points. Globally, Asian stocks rose on Tuesday as a drop in oil prices after US President Donald Trump said he plans to hold off on new military strikes against Iran lifted sentiment ahead of US inflation data that could sway the near-term interest rate outlook. Brent crude futures were hovering at their lowest ‌levels since early September, well below $100 per barrel, as investors pinned their hopes on possible talks between the US and Iran. They were last down 1% at $91.56 a barrel. The US-Israeli war with Iran, which erupted at the end of February, has stoked inflationary concerns across the globe, spurring major central banks to raise rates in recent months. Nick Twidale, chief market strategist at ATFX Global, said the latest developments offered hope that an end to the conflict could be approaching, but there was still a considerable gap between diplomacy and a lasting peace agreement. The slump in oil prices eased inflation worries and helped lift stocks after last week’s rout as a sweeping victory by Democrats in the US midterm elections fed concerns that new regulations could dent the durability of the AI trade. South Korea’s KOSPI rose over 5%, while Japan’s Nikkei gained about 3% in early trading. MSCI’s broadest index of Asia-Pacific shares pushed 1.5% higher, moving away from the seven-month low it hit last week. On Monday, the S&P 500 clocked its biggest one-day jump since April, closing up 2.35% while the Nasdaq closed 2.7% higher, its best day in over four months. Earnings reports due this week from tech companies including CoreWeave, a barometer of investor anxiety over AI, will be another test for markets as investors fret about the cost of the ‌AI buildout. Meanwhile, the Pakistani rupee continued its marginal gain against the US dollar in the inter-bank market on Tuesday. The local unit closed the day at 276.65, a gain of Re0.01 against the greenback. Volume on the all-share index decreased to 972.43 million from 1,479.99 million recorded in the previous close. The value of shares rose to Rs50.66 billion from Rs22.57 billion in the previous session. Cnergyico PK was the volume leader with 70.09 million shares, followed by Tasdeeq Information with 46.85 million shares, and K-Electric Ltd with 42.27 million shares. Shares of 501 companies were traded on Tuesday, of which 363 registered an increase, 107 recorded a fall, and 31 remained unchanged. [...]

Gold drops 1% on hawkish Fed comments ahead of US inflation data

November 10, 2026 12:32

Gold prices fell more than 1% on Tuesday after hawkish remarks from a US Federal Reserve official, who said aggressive monetary policy may be needed if inflation continues to rise, weighed on bullion ahead of the release of US consumer price data. Spot gold was down 1.6% to $4,071.07 per ounce by 1153 GMT. US gold futures for December delivery fell 0.9% to $4,079.80 per ounce. “There is a bitter turnaround on the rate and dollar side. Rates are not falling anymore as before,” said UBS analyst Giovanni Staunovo. The dollar steadied on Tuesday following a bumpy few days, helped by hawkish remarks from Federal Reserve Governor Christopher Waller, with US inflation data due that could lift the currency further if rate hike bets strengthen. Short-dated Treasury yields jumped in London trade on Tuesday after Waller’s comments. The Federal Reserve ought to raise short-term borrowing costs next month even if government data shows inflation cooled last month, Waller said on Tuesday, and should consider an upsized half-point rate hike if the inflation picture worsens. Gold edges lower as focus shifts to US inflation data Traders currently see about a 99% probability that the Fed will raise rates in December after the comment, according to CME’s FedWatch tool. Although gold is typically seen as an inflation hedge, higher interest rates tend to reduce the appeal of non-yielding bullion. Market focus now turns to US consumer price data at 1330 GMT later today and producer price figures due on Friday, which could shape expectations for the Fed’s next move. Core CPI, which excludes volatile food and energy prices, likely increased a moderate 0.2% last month from September, economists polled by Reuters say. “If we get something hotter than 0.3%, that could once again add some of that pressure on rate hike fears. So that could be gold negative, a number below or at 0.3% will remain supportive for gold,” said Nitesh Shah, commodity strategist at WisdomTree. Among other metals, spot silver slipped 2.1% to $52.27 per ounce and palladium dropped 1.3% to $1,027.97. [...]

Aluminium falls on higher Chinese exports and hopes for Middle East de-escalation

November 10, 2026 11:39

LONDON: Aluminium prices fell on Tuesday to their lowest in more than two weeks as rising exports from top producer China and hopes of de-escalation in the Middle East eased supply concerns, offsetting support from tight inventories. Benchmark three-month aluminium on the London Metal Exchange was down 1.1% at $3,031.50 a metric ton by 0950 GMT after touching $3,014, its lowest level since October 23. China’s customs data showed that the country’s exports of aluminium and aluminium products rose 18% to 5.9 million tons in the first 10 months of 2026. Aluminium prices have declined 20% since reaching a four-year high in June as supply restarts in the Middle East, disrupted by the Iran war, have progressed faster than expected, while new production capacity is expected to come online in Indonesia. Copper rebounds on firmer risk sentiment and tight supply in China US President Donald Trump said on Monday he would hold off on new military strikes against Iran for the time being after appeals from countries in the region. “As more metal returns to the market from the Middle East and new Indonesian projects ramp up, global supply growth should outpace demand, flipping the market into surplus in 2027,” analysts at ANZ said. This should limit aluminium price gains next year, although lingering supply risks in the Middle East are likely to keep prices volatile and above $3,000 through early 2027, they added. Providing some support to aluminium are relatively low global inventories, said Rupankar RM, head of market research at AL Circle. Available aluminium stocks in LME-registered warehouses stood at 207,525 tons, their lowest level since March 2025. The inventories are dominated by Russian-made metal, which many Western traders avoid. Tight availability for immediate supply is visible in the premium of the LME cash aluminium contract over the three-month benchmark, which was last at $96 a ton, its widest since June. Among LME metals, copper fell 0.1% to $13,876 a ton, zinc rose 0.1% to $3,733.50, lead was steady at $1,884.50, tin lost 0.6% to $45,960 and nickel dropped 0.7% to $16,100. [...]

Palm gains marginally after stocks rise below forecast

November 10, 2026 11:17

KUALA LUMPUR: Malaysian palm oil futures reversed early losses to edge higher on Tuesday, after a key industry data showed inventories rose less than expected. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 2 ringgit, or 0.05%, to 4,260 ringgit ($1,052.63) a metric ton at the close. The Malaysian Palm Oil Board’s data was market-friendly, with lower-than-expected ending stocks and higher exports than the polls had forecast,“ a Kuala Lumpur-based trader said. Malaysia’s palm oil stocks climbed to a record high of 3.62 million metric tons in October, surpassing the previous peak set a month earlier, as another month of bumper output more than offset a rebound in exports. However, the figure was lower than expectations of a stock high of 3.75 million tons in a Reuters survey. Oil prices extended losses from the previous session after US President Donald Trump downplayed the need for additional military action against Iran, easing fears of sustained Middle East supply disruptions, with prospects of oversupply also in focus. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. Dalian’s most-active soyoil contract rose 0.14%, while its palm oil contract gained 0.61%. Soyoil prices on the Chicago Board of Trade were down 0.1%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. The ringgit, palm’s currency of trade, strengthened 0.05% against the dollar, making the commodity slightly more expensive for buyers holding foreign currencies. [...]

Japan's Nikkei rises for third day as data, earnings fuel AI optimism

November 11, 2026 6:13

Gold edges higher after sharp selloff, Fed hike bets weigh

November 11, 2026 6:11

PSX: selling at bourse, KSE-100 down over 500 points

November 11, 2026 4:56

OGDCL discovers hydrocarbon reserves in Sindh's Khairpur

November 11, 2026 4:38

Oil & Gas Development Company Ltd (OGDCL), one of Pakistan’s largest E&Ps, has made a gas and condensate discovery at its Bitrisim Northwest-1 exploratory well in District Khairpur, Sindh. The listed company disclosed the development in a filing to the Pakistan Stock Exchange (PSX) on Wednesday. “The well is in the Bitrisim Exploration License, where OGDCL is the operator with a 95% working interest, and Government Holdings (Private) Limited (GHPL) holds the remaining 5%,” read the notice. OGDCL shared that during testing, the well yielded 12.8 million standard cubic feet per day (MMSCFD) of gas and 175 barrels of condensate per day through a 32/64-inch choke at a wellhead flowing pressure of 3,020 pounds per square inch (psi). “Bitrisim Northwest-1 was spudded on August 21, 2026, and drilled to a total depth of 3,732 metres in the Sembar Formation. Based on the interpretation of well logs, a Drill Stem Test (DST) was conducted in the Basal Sands of the Lower Goru Formation,” it added. The company said it is expediting the necessary activities to connect the well to the national gas gathering system on a fast-track basis for early monetisation of the discovery. OGDCL revives gas production in Attock “This discovery will enhance OGDCL’s hydrocarbon reserves base and contribute to Pakistan’s energy security by helping bridge the growing energy demand–supply gap through indigenous resources,” the company said. ODGCL is the largest E&P company in Pakistan with operations including exploration, drilling operations services, production, reservoir management, and engineering support. The company has the most extensive exploration acreage in Pakistan, covering over 40% of the country’s total awarded acreage, with net hydrocarbon resources of oil and gas. With over 67%, the Government of Pakistan is the largest shareholder in OGDCL, followed by the OGDC Employee Empowerment Trust and the Privatisation Commission of Pakistan. [...]

Oil relief to revive rupee rally, US yields surge could act as brake

November 11, 2026 3:07

Dollar gains traction as Fed speakers warn of risks from inflation

November 11, 2026 2:58

Bonds reel as hot inflation fuels jumbo Fed hike fears

November 11, 2026 2:53

Indian stocks poised for higher open on softer crude, robust foreign buying

November 11, 2026 2:49

Oil rises from two-month low as Hormuz shipping attacks offset Iran truce hopes

November 11, 2026 2:46

Marketing services exports rise 19pc to USD30.7m in Q1

November 10, 2026 11:31

KARACHI: Pakistan’s exports of advertising and market research services increased 19 percent year-on-year to USD30.7 million during July–September 2026, according to State Bank of Pakistan (SBP) data, as digital agencies explore opportunities in international markets through artificial intelligence (AI) tools and cross-border services. At Payoneer Connect Google’s Customer Solutions team told more than 40 agency leaders that businesses serving international clients could access additional growth opportunities compared with agencies focused exclusively on the domestic market. Citing its benchmark of agencies operating in Southeast Asia, Google said cross-border campaigns accounted for 30 percent of their advertising spend and were growing 2.5 to 3.2 times faster than domestic work. The company said Pakistani agencies could pursue a similar growth path by expanding their services into international markets. Hosted by Payoneer, a global financial technology company that provides cross-border payment services, the event was held under the theme “The Export Era of Global Marketing”. It brought together agency leaders, representatives of Google and the Pakistan Software Houses Association (P@SHA), and AI practitioners to discuss opportunities for Pakistan’s marketing services industry. Google said language and payments had historically been among the major challenges faced by agencies seeking international clients. It said its AI tools could help agencies localise websites, advertisements and videos for new markets without charge. On the payments side, Payoneer’s platform enables agencies to bill international clients, receive payments in multiple currencies and withdraw funds to bank accounts in Pakistan. Google’s business acquisition team also offered support to Pakistani agencies in pitching to and onboarding advertisers that were new to its platform. The discussion also focused on how agencies could move beyond conventional service-based billing and develop higher-value AI products. During a fireside chat on agentic AI, Ali Imran Memon, founder and chief executive officer of Kitsune AI, discussed how agencies could convert their expertise into AI agents and products rather than relying solely on billable hours. The conversation also examined potential pricing models for such services, including subscriptions, task-based charges and outcome-based pricing. Participants also discussed the policy requirements for sustaining growth in digital services exports. P@SHA Vice Chairman Samad Saleem outlined the association’s ongoing policy and advocacy efforts to scale Pakistan’s digital services exports, as the government pursues a target of USD15 billion in IT exports by 2030. Copyright Business Recorder, 2026 [...]

Wheat cultivation ensured on over 16.5m acres in Punjab: Kirmani

November 10, 2026 11:31

LAHORE: Punjab Minister for Agriculture Syed Ashiq Hussain Kirmani has said that the provincial government has set a target of ensuring wheat cultivation over more than 16.5 million acres across Punjab during the current Rabi season, while 865,000 acres have been earmarked for wheat cultivation in Sahiwal Division. He was chairing a review meeting on wheat cultivation in Sahiwal on Tuesday, which reviewed cultivation targets, availability of fertilisers and other related arrangements. Kirmani said that, on the special directions of Chief Minister Maryam Nawaz Sharif, the wheat cultivation campaign was in full swing across the province. He said the chief minister had won farmers’ confidence by announcing a proposed wheat support price of Rs 4,500 per maund. He directed the Agriculture Department to ensure wheat cultivation on all designated areas under the Apna Khet Apna Rozgar Programme, Ghoori Pal Programme and Nambardari Grant, in line with the chief minister’s vision. The minister said the Punjab government was in continuous coordination with the federal government regarding fertiliser production, imports and timely supplies across the province. Adequate fertiliser stocks were available for the Rabi season, he added. He further said that, on the chief minister’s instructions, the wheat procurement mechanism would be finalised by March 15. Secretary Agriculture Shakeel Ahmad Mian said the department was ensuring the availability of fertilisers at officially notified prices across the province. Displaying government-notified price lists at the premises of all fertiliser dealers had been made mandatory, he added. Commissioner Sahiwal Division Dr Muhammad Asif Tufail said the divisional and district administrations would work closely with the Agriculture Department to achieve the prescribed wheat cultivation targets. Copyright Business Recorder, 2026 [...]

CCoSOEs approves appointment of Shahid as NESPAK board chief

November 10, 2026 11:31

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Tuesday approved the appointment of former caretaker minister Shahid Ashraf Tarar as chairman of the National Engineering Services Pakistan (NESPAK) Board, the reconstitution of the Hyderabad Electric Supply Company (HESCO) Board, and the appointment of an independent director to the Sukkur Electric Power Company (SEPCO) Board. A meeting of the CCoSOEs was held under the chairmanship of Federal Minister for Finance and Revenue Muhammad Aurangzeb at the Finance Division. Federal Minister for Science and Technology Khalid Hussain Magsi also attended the meeting, along with relevant federal secretaries and senior representatives of various ministries, divisions and regulatory bodies. According to official sources, the reconstituted HESCO Board will include five independent directors: Ali Raza Talpur, Fareed-ud-Din Sheikh, Syed Shayan Shah, Mohb Ali Khichi and Muhammad Liaqat. Meanwhile, Arif Hussain Jakhrani has been appointed as an independent director on the SEPCO Board, while Shahid Ashraf Tarar, former caretaker federal minister, has been appointed Chairman of the NESPAK Board. The Committee deliberated on the proposals relating to the appointment of the NESPAK chairman/independent director, reconstitution of the HESCO Board and appointment of an independent director to the SEPCO Board before approving them. The Finance Minister emphasised that government representatives serving as ex officio directors on the boards of state-owned enterprises should be appropriately placed, competent, and possess the requisite experience and institutional understanding to effectively represent their respective divisions. Copyright Business Recorder, 2026 [...]

ZTBL cannot be regarded as wholly-owned govt co: SC

November 10, 2026 11:31

ISLAMABAD: The Supreme Court has ruled that the Zarai Taraqiati Bank Limited (ZTBL) cannot be regarded as a company whose entire shareholding is directly or indirectly owned by the federal government. “The shareholdings of the provincial governments, vanishingly small though they may otherwise be, are decisive,” observed a three-member bench in a judgment authored by Justice Munib Akhtar. The total number of shares of the appellant (ZTBL) stood at 5,267,843,241. Of these, according to the bank’s register of members, 1,251,189,067 shares were held by the federal government, while 4,015,599,174 were held by the State Bank of Pakistan (SBP). The judgment noted that the federal government directly held 23.76% of the shareholding, while the bulk of the shares, constituting 76.22% of the share capital, were held by the SBP. The SBP is a statutory body created by the eponymously titled Act of 1956. According to Subsection (3) of the Act: “The capital shall be fully paid-up and held exclusively by the Federal Government and shall not be transferable to any other person or entity”. The judgment said that in view of this categorical statutory statement, the shares held by the SBP can indirectly be regarded as being owned by the federal government. “The respondents’ counsel is correct in asserting that 99.98% of the shares in the appellant are held, directly or indirectly, by the federal government,” it added. However, the balance shares (minuscule though those shareholdings may be) are held by the provincial governments, noted the judgment. These matters arose out of the Income Tax Ordinance, 2001, by way of appeals under the proviso to subsection (13) of Section 134A thereof. The appeals have been filed against the decision of the Committee constituted under the section for Alternate Dispute Resolution. It is common ground that the appellant is a state-owned enterprise (SOE) within the meaning of the State-Owned Enterprises (Governance and Operations) Act, 2023 (SOE Act). The appellant’s case is that it is not wholly owned, directly or indirectly, by the federal government and hence the appeals are maintainable. The respondents however contend that the appellant is wholly so owned and that therefore it is subsection (12) that applies. Therefore, the appeals are not maintainable. Copyright Business Recorder, 2026 [...]

Kinnow exports: Uzbekistan approves 184 exporters and 39 packhouses

November 10, 2026 11:31

ISLAMABAD: In a major breakthrough ahead of the upcoming kinnow export season, Uzbekistan’s Food Safety Committee has approved 184 Pakistani kinnow exporters and 39 packhouses, compared to only 8 approved exporters during the previous season. The approval allows Pakistani kinnow exporters registered with Pakistan’s Department of Plant Protection (DPP), subject to fulfilling relevant regulatory and phytosanitary requirements, to access the Uzbek market. This development is expected to significantly enhance Pakistan’s kinnow exports and strengthen its presence in Central Asia. The achievement follows the Prime Minister’s directions to enhance agricultural trade potential and results from coordinated diplomatic and technical efforts by the Ministry of Commerce (MoC), Trade Development Authority of Pakistan (TDAP), Ministry of National Food Security and Research (MNFSR), DPP, Trade and Investment Counsellor in Uzbekistan, and the Embassy of Pakistan in Uzbekistan. The Government of Pakistan appreciates the cooperation extended by the Government of Uzbekistan and remains committed to further strengthening bilateral trade through expanded agricultural market access. Copyright Business Recorder, 2026 [...]

PFMA leader seeks linking wheat policy to market

November 10, 2026 11:31

LAHORE: Khaleeq Arshad, a leader of the Progressive Group of the Pakistan Flour Mills Association (PFMA), has urged the government to adopt a market-oriented wheat policy, promote healthy competition among flour mills and replace blanket flour subsidies with targeted financial assistance for low-income households. Speaking to a delegation of the Agriculture Journalists Association (AJA) on Tuesday, he said frequent changes in government policies, ranging from the rationing system to the quota system and different wheat procurement and release arrangements, had created uncertainty in the market and adversely affected both farmers and flour millers. Referring to past market trends, he said the price of a flour bag had fallen from Rs2,800 to Rs1,300 when wheat became readily available. This reduction was not the result of government intervention but of improved supply and healthy competition among flour mills. He maintained that when wheat prices began rising, the government imposed a cap and initiated speculation-related proceedings against flour mills and traders, accusing them of manipulating market prices. Had the market been allowed to operate, higher prices could have provided farmers with an incentive to cultivate more wheat in the following season. He appreciated the government’s decision to fix the wheat support price at Rs4,500 per maund, describing it as a positive incentive for farmers. However, he stressed that wheat should be released to flour mills at prices reflecting its procurement cost, storage, transportation and other associated expenses. “Buying wheat at Rs4,500 per maund and subsequently releasing it at a substantially lower price creates distortions in the market and leads to operational problems,” he observed. Arshad advocated replacing blanket flour subsidies with targeted support for people living below the poverty line and households with limited purchasing power. The government, he said, could utilise existing databases and social protection programmes, including the Kissan Card, Benazir Income Support Programme and various initiatives introduced by Punjab Chief Minister Maryam Nawaz Sharif, to identify deserving families and provide them direct financial assistance. He argued that subsidising flour for everyone meant that both low-income labourers and affluent consumers benefited equally. Public resources, he said, should instead be directed towards those who genuinely needed assistance. He also proposed maintaining a strategic wheat reserve to deal with shortages and unusual market fluctuations. However, wheat from these reserves should be released at prevailing market rates, with the objective of ensuring availability rather than artificially suppressing prices. He further questioned the practice of allocating wheat quotas to inactive flour mills, arguing that establishing a flour mill was an independent business decision and the government was not responsible for keeping commercially unviable units operational. Wheat allocations should favour active mills on the basis of performance and market competition. He said the government appeared to be pursuing contradictory policies by partially liberalising the market while simultaneously retaining controls over wheat prices, supplies and flour sales. It should clearly decide whether to regulate the sector or allow market forces to operate, rather than maintaining an inconsistent combination of both systems. Highlighting the financial burden on flour mills, Arshad said that subsidised wheat was currently being supplied at around Rs3,700 per maund in certain major cities, against a prevailing market price of approximately Rs5,400 per maund. Under the arrangement, mills were required to supply flour in green bags against subsidised wheat. However, they were also expected to provide around 20 to 25 percent of flour produced from their commercially purchased, more expensive wheat at the same subsidised rates. He said the arrangement was causing continuous financial losses to flour mills and urged the government to withdraw the condition. The government, he suggested, should obtain flour from mills strictly in proportion to the quantity of subsidised wheat supplied to them. Flour mills were prepared to meet the required delivery obligations, but should not be forced to bear an additional financial burden. Copyright Business Recorder, 2026 [...]

Japan's Nikkei rises for third day as data, earnings fuel AI optimism

November 11, 2026 6:13

Gold edges higher after sharp selloff, Fed hike bets weigh

November 11, 2026 6:11

PSX: selling at bourse, KSE-100 down over 500 points

November 11, 2026 4:56

OGDCL discovers hydrocarbon reserves in Sindh's Khairpur

November 11, 2026 4:38

A lot of AI, nothing said

November 11, 2026 3:54

American actress and model Marilyn Monroe died in 1962. Sixty-four years later, an AI-generated image of her is still capable of getting Pakistani defence minister Khawaja Muhammad Asif to reply on X. But that episode is not the subject of this piece. This piece is about how the government uses artificial intelligence (AI) to talk to the public. Brands, political parties, and news outlets in Pakistan are using it to say something. From what I can see, the government is mostly using it to decorate what it was going to say anyway. We are not in the frontier AI race as a country. But we definitely are in the race to become its most agile consumers. Historically, developing countries always faced a massive resource gap. Today, when it comes to access, that gap is gone. People working out of Toba Tek Singh and Nawabshah now have access to the same world-class research assistant, strategist, and programmer which a technology executive sitting in Silicon Valley has. But what are we doing with this access? If we look at the marketing and communications area, not much. Actually, we are doing a lot, as in quantity, but not quality. You open any social platform today and see AI staring you in the face. There is hardly any social media post which is not polished with AI tools; sometimes it’s a simple image, sometimes a video, and most of the time the captions and descriptions are improved with AI. Government departments and ministries are also using AI quietly, regularly, and normally in infographics, static images, and captions. They are not using it to capture attention; they are using it to show they also have access to ChatGPT, that their social media executive can also upload a press release and prompt it to transform it into an infographic. Yes, that’s it. It looks like whatever image comes up on the first attempt is published on official social media channels. Why do I say first attempt? Because the first attempt almost always produces the most generic, cliched visual language when your prompt is a single line and lacks any depth or detail whatsoever. A post about youth is published; every young person looks the same, not just same age or other demographics, but literally same. A post about investment will have an upward arrow and a Pakistan flag somewhere. Sometimes the Pakistan flag on the infographic has no white portion, or the comparison of persons shown has different features on both sides. There is no second thought, no art direction. In government communication efforts, AI has become a substitute for design rather than a tool for design. This matters more for a government than it does for a brand. When a brand publishes a careless image, it hears about it from its customers and moves on. A government is the one that keeps asking people to verify before they share, to doubt what they see online and to trust official sources. That is hard to ask when the official source doesn’t always get the basics right in its own graphics. To be fair, barring a few government departments, social media messaging was never great before AI either. Stock photos were used, the same template with a different headline each time. So, AI did not create the problem. It just made the weak version faster to produce, and easier to publish without anyone looking at it. The effort that is missing on the official channels shows up on the unofficial ones, I would say. When you scroll through social media feeds, most of the AI content that supports the government narrative falls in one category, propaganda or simply political content. I’m not saying this is unique to Pakistan; every government around the world does this in one form or another. It will not stop, but this shouldn’t be the only thing AI is used for. A propaganda video might give easy reposts on X in the short term but will have little effect on the larger public narrative. When you use AI to its full potential for communication, it can work. And we have seen that in the 2026 Iran-USA war. Explosive Media (Akhbar Enfejari), an Iranian outlet, gained global attention for producing AI-generated, Lego-styled short social media videos ridiculing the United States and its role in the conflict. These videos were shared and watched by millions. I am not talking about what those videos said, only how they were made. They used AI to perfection. From what I can see, they had one consistent look and a clear idea in each video and it doesn’t look like anyone published the first thing the tool gave them. They also came out in the middle of a war, when the news was already full of it, and that helped a lot. A government organisation in its normal routine can’t count on that. The effort is the part anyone can copy. We don’t need to produce Lego-styled AI videos. Pakistan is home to over 60 distinct languages. The least we can do with AI is translate dense government policies into simple language, in text and in audio, for people with low literacy living in far-flung areas of the country. Someone who speaks the language should check the output before it goes out. India has already built something like this. BHASHINI, India’s national AI-powered language-translation platform, was launched in 2022. It handles voice-based services in 23 Indian languages, text translation in 36 Indian languages, and supports 35 international languages. It powers government websites, citizen services, public events, and even live speeches. It is a translation tool, not a communication campaign, and I am not saying Pakistan should copy it as it is. But it shows what a state can do when it decides that being understood is part of its job, not something the audience has to figure out on its own. On access, the gap is closed. Anyone running an official account today has the same tools as everyone else. What separates one post from another now is whether someone looked at it a second time before it went out, whether it is a graphic or a translated notice, and that takes a few minutes and, I would guess, a person who is allowed to say this isn’t good enough. Until that person is on the desk, the next post about youth will have the same face in it again. The article does not necessarily reflect the opinion of Business Recorder or its owners. [...]

Three dead after vehicle hits pedestrians in Los Angeles, fire department says

November 11, 2026 3:16

LOS ANGELES: A vehicle plowed into a group of pedestrians in the ‌North Hollywood district of Los Angeles on Tuesday, killing three people and leaving at least three others critically injured, ⁠the city fire department reported. The three injured people were taken to area hospitals for treatment, according to an online statement posted by the Los Angeles Fire Department. There were no official ‌details ⁠immediately available on the circumstances of the incident, which occurred shortly before 6 p.m. PST (0200 GMT). World leaders to address COP31 as Turkiye pushes for new climate deal Local television ⁠station KCAL-TV, a CBS News affiliate, reported that a car crashed into ⁠a food stand near a bus stop. [...]

World leaders to address COP31 as Turkiye pushes for new climate deal

November 11, 2026 3:12

ANTALYA: World leaders will set out their climate priorities in speeches at COP31 in Turkiye on Wednesday, as negotiators seek agreement on a plan to increase the share of electricity in global energy ‌use and revive stalled efforts to move away from fossil fuels. Delegates from nearly 200 countries are meeting in the Mediterranean resort city of Antalya as global greenhouse gas emissions show little sign of falling and wars, inflation and other crises compete for political attention. A UN report last month found the world on course to break through the 1.5 degrees Celsius (2.7 degrees Fahrenheit) warming limit that countries had agreed to pursue under the Paris Agreement to prevent the worst of climate change. Former French Prime Minister Laurent Fabius, who presided over the 2015 Paris ⁠climate conference and leads an advisory council of former COP presidents, said the speeches could give political impetus to the negotiations. “It is an opportunity for leaders to make some announcements, and more this time, to explain how they will implement, because the key word in Antalya is implementation,” he told Reuters. Scores of world leaders – including presidents and heads of government – will begin their rapid-fire speeches on Wednesday afternoon and continue through the day on Thursday, according to the COP31 schedule. Wednesday’s speakers are expected to include Brazilian President Luiz Inacio Lula da Silva, who was re-elected at the end of October, and whose country hosted last year’s climate talks. PM arrives in Türkiye European Commission President Ursula von der Leyen, Chinese Vice President Han Zheng, and Marshall Islands President Hilda Heine will also speak on Wednesday. The United States, the world’s largest historical emitter, has skipped the talks for the second year in a ‌row after ⁠President Donald Trump – who has called global warming a hoax – withdrew the US from climate cooperation following his return to office in 2025. Age of electricity? COP31 host Turkiye has so far been pushing the government representatives attending the conference to put a goal on electrification at the centre of a final deal, even as critics say it may do little to curb warming. The proposal targets a rise in electricity’s share of total global energy consumption to 35% by 2035, up from a little ⁠over a fifth now, theoretically reducing greenhouse gas emissions from cars, factories, and buildings. But the proposal does not include language requiring new power to be generated by clean energy sources, and world governments have yet to clarify a broader plan to transition away from fossil fuels like coal, oil and gas. “It is long past ⁠time to stop treating the transition away from fossil fuels as taboo or intractable,” United Nations Secretary-General Antonio Guterres told the conference on Tuesday, urging countries to produce clear timelines for the transition. The previous COP in Brazil was unable to reach consensus on the need for a global plan ⁠to reduce dependency on fossil fuels. COP31 summit leaders urge world to move faster on climate The Brazilian COP presidency has in recent weeks, however, published a roadmap aimed at keeping that idea central to the climate negotiations. It asks countries to first plan and assess their energy systems by 2028, then work together to reduce fossil fuel supply from 2031. [...]

Oil relief to revive rupee rally, US yields surge could act as brake

November 11, 2026 3:07

Dollar gains traction as Fed speakers warn of risks from inflation

November 11, 2026 2:58

Bonds reel as hot inflation fuels jumbo Fed hike fears

November 11, 2026 2:53

Indian stocks poised for higher open on softer crude, robust foreign buying

November 11, 2026 2:49

Oil rises from two-month low as Hormuz shipping attacks offset Iran truce hopes

November 11, 2026 2:46

US House blocks bid to impeach Defense Secretary Hegseth

November 11, 2026 1:39

WASHINGTON: Republicans in the US House of Representatives blocked an effort on Tuesday to impeach Defense Secretary Pete Hegseth, winning a reprieve for the polarizing Pentagon chief before Democrats take control of Congress next year and possibly try again. The vote on a procedural motion came just hours after Hegseth blasted efforts to impeach him as a farce and delivered a defiant defense of his record at the helm of the US military, winning praise from President Donald Trump. The chamber voted 211 to 204 in favor of a motion to refer eight articles of impeachment to the Republican-led House Judiciary Committee, a move that the sponsor of the impeachment push, US Representative Thomas Massie, warned would kill it. READ ALSO: Pentagon chief Hegseth calls moves to impeach him a farce that will fail Massie, an outgoing Kentucky Republican, had hoped to draw votes from Republicans upset with Hegseth’s policies and wary of the unpopularity of the Iran war, but no other Republicans joined him. Democrats had voiced strong support for the impeachment effort. But 11 Democrats, including former House Speaker Nancy Pelosi of California, did not vote. If eight of them had, the procedural measure would have been defeated, paving the way for a full House impeachment vote. Pelosi’s office did not immediately respond to a request for comment on why she missed the vote. Trump cheered the results in a social media post, saying the effort to impeach Hegseth “has miserably FAILED!” In a sign that the impeachment episode may have drawn Trump and Hegseth closer together, Trump added that Hegseth’s performance on Iran, Venezuela and other issues “led to the EXONERATION of a Great American Patriot.” Hegseth would have been the first US defense secretary to be impeached. The last time any civilian leader of the US military was impeached was in 1876, when William Belknap held the title “secretary of war.” Hegseth calls himself secretary of war, part of his effort to rebrand a military he said was too weak and “woke” when he took office last year. Trump cannot change the name of the Defense Department without approval from Congress. Iran war anger Voter anger over the Iran war, which has settled into an effective stalemate focused on securing the Strait of Hormuz, helped Democrats win control of Congress in last week’s midterm elections. A Reuters/Ipsos poll published on Tuesday found a majority of Americans want the newly elected Democratic-majority US Congress, which takes office in January, to act to end the war with Iran once and for all. Although Vice President JD Vance has publicly questioned the war and blamed it for the Republicans’ midterm rout, he voiced support for Hegseth on Tuesday. “This isn’t about Iran, this is about the fact that Pete took on the bureaucracy at the Pentagon,” Vance wrote on social media. Before the vote, House Democratic leader Hakeem Jeffries said on Monday: “Pete Hegseth has abused his power, undermined America’s national security, and he’s the architect of the reckless and costly failed war of choice in Iran.” Hegseth has repeatedly defended the conflict, calling Trump courageous and saying Iran’s military has been left in ruins. He also said his orders to US forces were lawful, despite Massie’s accusations of “high crimes and misdemeanors” ranging from the war itself to the US military raid in January to depose Venezuelan President Nicolas Maduro. “History will judge the Iran war quite differently than the conventional wisdom right now,” Hegseth said on Tuesday at his first Pentagon briefing in six months. Jeffries said he would talk to members about whether to mount a new impeachment effort in the next Congress. “We’ll have that conversation at the appropriate time,” he said. A Democratic-led push to impeach Hegseth could be far more intense, with lawmakers calling in top brass to testify, including generals and admirals fired by Hegseth who have remained silent so far. Hegseth, who has railed against diversity efforts at the Pentagon, fired the chairman of the Joint Chiefs of Staff, who is Black, and the Navy’s top admiral, a woman, among others. In such an effort, Democrats could also raise other issues concerning to voters including Pentagon policy toward Ukraine and the US military’s strikes on suspected drug trafficking boats in Caribbean and Pacific waters. Some Republicans say Hegseth’s strained relations with Congress are becoming a political liability as the Trump administration seeks a huge increase in the military’s budget to $1.5 trillion from $950 billion. Massie said he was disappointed by the vote, comparing Republicans to passengers content to go down with the Titanic. “They know it’s a sinking ship but committed to stay on board,” he said. [...]

Tharparkar’s drought cycle

November 11, 2026 12:40

EDITORIAL: The Sindh chief minister’s declaration of Tharparkar as a drought-affected district following the destruction of an estimated 85 to 90 percent of cultivated crops in the area, once again highlights the precarious existence of communities in one of the province’s most climate-vulnerable regions. While the relief measures that have been announced are necessary, they also underscore a deeper failure, where despite decades of familiarity with the district’s vulnerabilities, little has been done to build lasting resilience against recurring droughts. This is around the fifth time in the past decade that Tharparkar has faced conditions warranting such a response, yet the authorities continue to fall back on episodic relief rather than sustainable remedies. The district has long been vulnerable to low and erratic rainfall, but its people should not be expected to simply accept this as their fate while successive administrations fail to put in place durable solutions. The nature of the challenge is also changing. Where the region historically experienced a severe drought roughly once every seven to eight years, provincial disaster authorities’ records suggest that this interval has now shrunk to just two to three years, a trend attributed to global warming and shifting monsoon patterns. The challenge, moreover, is no longer simply about insufficient rainfall, but increasingly of its unpredictability, with rains either failing to arrive during the crucial sowing period or petering out just as crops approach maturity. This growing climatic uncertainty makes it all the more imperative that planning for Tharparkar addresses the longer-term resilience of its agricultural economy. Yet the Sindh CM declaring the region as drought-hit has ended up revealing how even the most basic of infrastructure remains lacking. His directive to restore non-functional reverse osmosis plants begs the question: why are these facilities not maintained as a matter of routine? Ensuring that existing water infrastructure remains functional is the bare minimum, and communities should not have to wait for a drought declaration before the machinery of government turns its attention to their access to drinking water. Similarly, while the proposed Naukot-Mithi pipeline could provide a more sustainable water source, why has it taken so long to advance a project addressing such a longstanding need? The bureaucratic machinery responsible for planning, executing and maintaining such schemes must answer for this persistent lack of foresight. Nor should authorities limit themselves to familiar, short-term interventions. Successful water conservation, rainwater harvesting and drought-resilient agricultural practices adopted globally in other arid regions must be studied and adapted to Tharparkar’s particular conditions. There is also a larger contradiction that cannot be ignored. The Thar coal project, which has become increasingly important to Pakistan’s energy security, generates billions of rupees in royalties. Yet the communities living alongside this resource remain among the country’s most impoverished. An estimated Rs50 billion in royalties was collected from the project between 2023 and 2025, but the district’s development allocation has remained a fraction of these earnings. The promise that Tharparkar’s natural wealth would transform the lives of its people has clearly not been fulfilled, with residents still struggling to secure something as basic as reliable drinking water. The government’s response cannot remain limited to providing immediate relief to Tharparkar’s people. The district needs a comprehensive, adequately funded drought-resilience strategy, with clear timelines, functioning infrastructure, accountability for administrative failures and a transparent mechanism to channel a meaningful share of its coal wealth into local development. Rainfall cannot be commanded at will, but preparedness, investment and competent administration are matters of choice. Tharparkar’s people have endured the vagaries of the climate for generations. They should not also have to endure the consequences of an administration that appears to rediscover their plight every time the rains fail. Copyright Business Recorder, 2026 [...]

Fertiliser under lock and key

November 11, 2026 12:39

EDITORIAL: The reported disruption of fertiliser supplies to Khyber Pakhtunkhwa and Balochistan, following restrictions imposed under a Ministry of Interior notification, comes at precisely the wrong moment for farmers preparing their Rabi crops. Companies are reportedly unable to dispatch an essential input during the sowing season, while the authorities appear to have left growers and suppliers waiting for a workable arrangement. For two provinces already bearing an extraordinary burden from insecurity, this is an unacceptable addition to an already formidable list of difficulties. The security concerns behind the restrictions cannot simply be wished away. Unauthorised movement and possible diversion of fertiliser are matters for the authorities to address, particularly in areas facing persistent militant violence. But that is exactly why the decision demands a carefully designed system of controls rather than a disruption of legitimate commercial supplies. Security agencies and civilian administrators are expected to manage competing priorities. If the response to a distribution risk is to impede distribution itself, one has to wonder what purpose the machinery of government is serving. There is no obvious reason why the federal and provincial governments, fertiliser manufacturers, distributors, and farming representatives cannot sit together and agree on monitored transport arrangements. Permits, verified destinations, documented consignments and checks along designated routes are among the options worth examining. Stakeholders have already proposed controlled dispatches and faster implementation of a Track and Trace System in Khyber Pakhtunkhwa, with interim permission subject to oversight. These proposals deserve prompt scrutiny and, where feasible, implementation. The authorities should explain any practical objections rather than allow an administrative impasse to become an agricultural crisis. Timing makes the matter particularly serious. Farmers cannot postpone the agricultural calendar to accommodate bureaucratic deliberations. Delayed access to fertiliser can upset sowing schedules, affect crop development and ultimately weaken yields. Any additional cost or uncertainty falls on growers who already have to contend with volatile input prices, constrained purchasing power and difficult operating conditions. The consequences would extend beyond individual farms to rural employment, provincial agricultural output and the wider food supply. There is far too much at stake for official inaction to be treated as a routine procedural inconvenience. The episode also reflects an unfortunate habit of making consequential policy decisions without first working through their effects with those expected to live with them. Had manufacturers, distributors, provincial officials and farmers been properly consulted before restrictions took effect, the problem of maintaining security while preserving legitimate supplies could have been addressed at the outset. Instead, stakeholders are now seeking urgent consultations after the disruption has reportedly occurred. This familiar sequence of restriction first, consultation later is a poor substitute for competent policymaking. The geographical dimension makes the apparent lack of foresight still harder to defend. Khyber Pakhtunkhwa and Balochistan have paid heavily for deteriorating security through disrupted economic activity, uncertainty, and the strain placed on everyday life. Farmers in these provinces should not find themselves doubly penalised: first by the insecurity that necessitates tighter controls, and then by controls that obstruct their ability to cultivate their land. Equal access to essential agricultural inputs is a reasonable expectation, not an exceptional concession to be negotiated each sowing season. The Ministry of Interior should therefore urgently clarify the scope and rationale of its notification and work with provincial authorities and the fertiliser industry to restore lawful, monitored dispatches. Any safeguards must be enforceable, proportionate, and compatible with the agricultural calendar. Allowing this situation to drag on would suggest a failure of coordination and administrative judgement at a time when both are urgently required. The government should be capable of protecting security without making farmers pay for its inability to organise a sensible solution. Copyright Business Recorder, 2026 [...]

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

November 21, 2025 1:33

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

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

November 20, 2025 7:59

Minister of State for Law and Justice Barrister Aqeel Malik addressing an event on December 21, 2024. â€” 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 Court... [...]

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

November 20, 2025 5:25

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

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

November 20, 2025 4:39

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

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

November 20, 2025 4:38

Frontier Constabulary and army personnel gather stand guard in Kurram, January 17, 2025. â€” 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 said... [...]

MQM-P calls for new province in Sindh

November 20, 2025 3:56

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

US report validates Pakistan military edge over India: PM

November 20, 2025 3:55

Prime Minister Shehbaz Sharif addresses ceremony in Azad Jammu and Kashmir on November 20, 2025. â€” X/@GovtofPakistanPrime Minister Shehbaz Sharif on Thursday said a recent US report endorsing Pakistanâ€™s downing of Indian aircraft stands as formal validation of the countryâ€™s military... [...]

Banned TTP poses serious threat to Pakistan security: UNSC panel

November 20, 2025 10:24

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

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

November 20, 2025 10:01

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

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

November 20, 2025 6:16

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

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

November 20, 2025 5:08

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

Pakistan to construct island to boost oil exploration: report

November 19, 2025 6:26

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

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

November 19, 2025 6:14

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

Security forces neutralise four terrorists in KP IBOs

November 19, 2025 5:12

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

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

November 19, 2025 4:38

Supreme Court's Justice Jamal Khan Mandokhail addresses an event related to Labour Day in Islamabad on May 1, 2025. â€” 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... [...]

11-month-old baby boy in South Carolina buried alive for 24 hours: Update

November 11, 2026 3:53

11-month-old baby boy in South Carolina buried alive for 24 hours: UpdateAn 11-month-old boy was found alive in South Carolina on Tuesday after he â€‹was believed to have been buried for â€Œabout 24 hours, the Lexington County Sheriffâ€™s Department said.The infant, Koah Sharpe, was found wrapped... [...]

Vehicle clips and kills pedestrians in Los Angeles: Report

November 11, 2026 3:33

Vehicle clips and kills pedestrians in Los Angeles: ReportÂ A vehicle plowed into a â€‹group of pedestrians in the â€ŒNorth Hollywood district of Los Angeles on Tuesday, killing three â€‹people and leaving at â€‹least three others critically injured, â� the city fire department â€‹reported.The... [...]

South Korea public bus crashes into multiple vehicles, 9 people seriously injured

November 11, 2026 3:21

The wreckage of a damaged bus at the scene after it crashed into about 10 vehicles, in Seongnam, South Korea, November 11, 2026A public bus crashed into multiple vehicles in the â€ŒBundang district of South Korea on Wednesday, leaving 9 people seriously injured and 48 with minor injuries,... [...]

House Republicans release damning Epstein report exposing decades of government failures

November 10, 2026 7:31

House Republicans release damning Epstein report exposing decades of government failuresHouse Republicans have accused the US government of failing survivors of Jeffrey Epstein's sexual abuse, calling for renewed investigations into the late financier's associates.The House oversight committee... [...]

Trump nominates senior Justice Department lawyer as federal judge after midterm losses

November 10, 2026 6:57

Gaiser was sworn into his current position in 2025 after previously serving as Ohio's solicitor generalUS President Donald Trump has nominated senior Justice Department official Elliot Gaiser to serve as a federal judge in Texas, potentially creating another vacancy amid a series of high-level... [...]

Macrons file massive new defamation lawsuit against US podcaster Candace Owens in Tennessee

November 10, 2026 6:56

Macrons file massive new defamation lawsuit against US podcaster Candace Owens in TennesseeFrench President Emmanuel Macron and his wife, Brigitte Macron, have filed a new, expansive defamation lawsuit in the United States against American conservative podcaster Candace Owens.The Filing: The... [...]

John Thune seeks re-election as Senate Republican leader after crushing midterm defeat

November 10, 2026 6:34

John Thune seeks re-election as Senate Republican leader after crushing midterm defeatUS Senator John Thune is seeking another term as Senate Republican leader despite growing frustration within his party following major losses in the midterm elections.According to the Associated Press, Thune is... [...]

Lyft faces $53 million lawsuit over alleged disability discrimination

November 10, 2026 6:03

Lyft rejected the allegations, saying its policies require drivers to accommodate passengers with disabilitiesThe US Department of Justice has filed a lawsuit against ride-hailing company Lyft, accusing it of discriminating against passengers with disabilities and seeking $53 million in... [...]

JD Vance says Pete Hegseth committed no impeachable crimes as House vote looms

November 10, 2026 5:41

Vance criticised lawmakers supporting the move, arguing that impeachment was being used instead of meaningful legislationUS Vice-President JD Vance has strongly defended Defence Secretary Pete Hegseth as the House of Representatives prepares for a key vote on efforts to impeach him.According to... [...]

Trump, Putin and Xi Jinping could hold historic three-way nuclear talks soon in Shenzhen

November 10, 2026 5:20

Trump, Putin and Xi Jinping could hold historic three-way nuclear talks soon in ShenzhenUS Secretary of State Marco Rubio has confirmed that President Donald Trump is seeking a historic three-way meeting with Russian President Vladimir Putin and Chinese President Xi Jinping during his visit to... [...]

Pentagon Chief Pete Hegseth dismisses House impeachment effort as 'Farce' amid multi-pronged Congressional push

November 10, 2026 5:17

Pentagon Chief Pete Hegseth dismisses House impeachment effort as ‘Farce’ amid multi-pronged Congressional pushUnited States Defense Secretary Pete Hegseth forcefully pushed back against a congressional push to remove him from office, dismissing the proceedings launched in the House of... [...]

US inflation remains high as Federal Reserve weighs interest rate hike

November 10, 2026 4:57

Figures from the Bureau of Labor Statistics showed inflation easing from September's monthly rate of 0.6 percentUS inflation rose 0.4 percent in October, slightly above economists' expectations, as falling petrol prices helped slow the pace of consumer price increases.According to The Guardian,... [...]

Marco Rubio signals progress in US-led Russia-Ukraine peace talks in Abu Dhabi

November 10, 2026 4:36

Marco Rubio signals progress in US-led Russia-Ukraine peace talks in Abu DhabiUS Secretary of State Marco Rubio has described talks between Russia, Ukraine and the United States in Abu Dhabi as â€œvery productiveâ€�, although he warned that significant work remained.According to Reuters, Rubio... [...]

Joe Biden breaks silence on stage 4 cancer and allegations he hid illness

November 10, 2026 4:12

Joe Biden breaks silence on stage 4 cancer and allegations he hid illnessFormer US President Joe Biden has rejected allegations that he concealed his prostate cancer while in office, calling the claims â€œabsurdâ€� in his forthcoming memoir.According to NBC News, Biden addressed the controversy in... [...]

Spain police officer killed after suspicious backpack explodes in Oviedo

November 10, 2026 3:51

The explosion occurred in the Villafria neighbourhood as police investigated a violent dispute between two local familiesA Spanish police officer and his dog were killed on Tuesday after a suspicious backpack exploded in Oviedo, leaving another officer seriously injured.According to Deutsche Welle... [...]

اینکر ربیعہ اور انکے شوہر کے چیٹ ریکارڈ میں کسی تنازع کے شواہد نہیں ملے: تفتیشی ذرائع

November 11, 2026 5:11

ربیعہ احسن — تصویر بشکریہ سوشل میڈیاراولپنڈی کی اینکر ربیعہ احسن کے مبینہ قتل کیس کی تحقیقات کے سلسلے میں پولیس پولی گراف ٹیسٹ کے... [...]

کوٹ ادو: پسند کی شادی کی اجازت نہ ملنے پر نوجوان نے خود کو آگ لگالی

November 11, 2026 5:11

---فائل فوٹوکوٹ ادو کے علاقے تونسہ موڑ میں پسند کی شادی کی اجازت نہ ملنے پر 1 نوجوان نے خود پر ڈیزل چھڑک کر آگ لگا لی۔ریسکیو حکام کے... [...]

بانئ پی ٹی آئی کا رات گئے پمز اسپتال میں طبی معائنہ، واپس اڈیالہ جیل منتقل

November 11, 2026 3:11

---فائل فوٹوبانئ پی ٹی آئی کو طبی معائنے کے لیے رات گئے اڈیالہ جیل سے پمز اسپتال منتقل کیا گیا۔ جیل ذرائع کے مطابق اسپتال میں ان کا... [...]

میئر کراچی نے نارتھ کراچی انڈسٹریل ایریا میں منصوبوں کا سنگ بنیاد رکھ دیا

November 10, 2026 9:11

کراچی کے صنعتی انفرااسٹرکچر کی بہتری کے لیے 73 کروڑ 20 لاکھ روپے کے ترقیاتی منصوبوں کا آغاز کردیا گیا ہے، میئر مرتضیٰ وہاب نے نارتھ... [...]

کراچی، لیاری کلاکوٹ سے بلال پپو گروپ کے 2 ٹارگٹ کلرز گرفتار

November 10, 2026 9:11

فائل فوٹوکراچی کے علاقے لیاری کلاکوٹ سے بلال پپو گروپ کے 2 ٹارگٹ کلرز کو گرفتار کرلیا گیا۔پولیس کے مطابق گرفتار ملزمان کی شناخت اذان... [...]

جہلم کے مسائل لاہور میں بیٹھ کر حل نہیں ہوں گے، بلال اظہر کیانی

November 10, 2026 6:11

وزیر مملکت برائے خزانہ بلال اظہر کیانی نے کہا ہے کہ جہلم کے مسائل لاہور میں بیٹھ کر فیصلے کرنے سے حل نہیں ہوں گے۔اسلام آباد میں... [...]

پنجاب حکومت نے میری سیکیورٹی واپس لے لی، چوہدری سالک حسین

November 10, 2026 6:11

وفاقی وزیر چودھری سالک حسین۔وفاقی وزیر چوہدری سالک حسین نے کہا ہے کہ پنجاب حکومت نے میری سیکیورٹی واپس لے لی ہے۔ ایک بیان میں چوہدری... [...]

پنجاب میں سب اچھا نہیں ہے، سردار محمود قادر لغاری

November 10, 2026 6:11

مسلم لیگ کے رکن قومی اسمبلی سردار محمود قادر لغاری نے کہا ہے کہ پنجاب میں سب اچھا نہیں ہے، اندھیر نگری ہے کوئی پوچھنے والا نہیں... [...]

4 ماہ میں پی ایس ڈی پی کے تحت 103 ارب سے زائد خرچ ہوئے

November 10, 2026 6:11

رواں مالی سال کے پہلے 4 ماہ میں پبلک سیکٹر ڈیولپمنٹ پروگرام کے تحت 103 ارب 87 کروڑ خرچ ہوئے ہیں۔وزارت منصوبہ بندی کے مطابق پی ایس ڈی پی... [...]

فضل الرحمان انصاف کی تلقین کرتے ہیں اور خود قبضے کی جگہ پر بیٹھے ہیں، گورنر فیصل کریم کنڈی

November 10, 2026 6:11

گورنر خیبر پختونخوا فیصل کریم کنڈی نے کہا ہے کہ مولانا فضل الرحمان دوسروں کو انصاف کی تلقین کرتے ہیں اور خود قبضے کی جگہ پر بیٹھے... [...]

بانی پی ٹی آئی کیلئے حکومت کے پاس ڈیل ہے نہ ڈھیل: طارق فضل چوہدری

November 10, 2026 5:11

فوٹو: فائلوزیر پارلیمانی امور ڈاکٹر طارق فضل چوہدری نے کہا ہے کہ بانی پی ٹی آئی کے لیے حکومت کے پاس نہ ڈیل ہے اور نہ ہی ڈھیل۔پارلیمنٹ... [...]

پیٹرول کی قیمت میں 8 روپے فی لیٹر کمی کردی گئی

November 10, 2026 5:11

حکومت کی جانب سے آج پھر پیٹرول کی قیمت میں بڑی کمی کردی گئی ہے۔ اوگرا نوٹیفکیشن کے مطابق آج فی لیٹر پیٹرول کی قیمت میں 8 روپے کی کمی... [...]

بہاولپور: غیرملکی خاتون پر مبینہ تشدد، سسر گرفتار، شوہر فرار، عدالتی حکم پر دارالامان منتقل

November 10, 2026 5:11

بہاولپور کے علاقے سمہ سٹہ میں غیرملکی شادی شدہ خاتون پر مبینہ تشدد پر مقدمہ درج کرلیا گیا۔ اس حوالے سے پولیس کا کہنا ہے کہ خاتون پر... [...]

دسمبر، جنوری کی ایل این جی سپلائی کیلئے آنے والی بڈز کھول دی گئیں

November 10, 2026 5:11

فائل فوٹو۔دسمبر اور جنوری کی ایل این جی سپلائی کے لیے آنے والی بڈز کھول دی گئیں۔ پاکستان ایل این جی لمیٹڈ نے کارگوز کی بولیوں کی... [...]

پنجاب کے ترقیاتی کاموں سے زیادہ کیا 11 ارب کے جہاز ضروری ہیں؟ چوہدری حسین الہٰی

November 10, 2026 5:11

چوہدری حسین الہٰی ۔مسلم لیگ ق کے رہنما چوہدری حسین الہٰی نے کہا کہ پنجاب کے ترقیاتی کاموں سے زیادہ کیا 11 ارب کے جہاز ضروری... [...]

سابق عراقی رکنِ پارلیمنٹ احمد العلوانی بیروت میں مردہ پائے گئے

November 11, 2026 4:11

سابق رکنِ پارلیمنٹ احمد العلوانی — فائل فوٹوعراق کے سابق رکنِ پارلیمنٹ احمد العلوانی لبنان کے دارالحکومت بیروت کے 1 اپارٹمنٹ میں... [...]

فرانسیسی صدر اور اہلیہ کا امریکی پوڈکاسٹر کیخلاف ہتکِ عزت کا مقدمہ

November 11, 2026 4:11

---فوٹو بشکریہ دی نیوز انٹرنیشنل فرانس کے صدر ایمانوئل میکرون اور ان کی اہلیہ بریجٹ میکرون نے امریکی قدامت پسند پوڈکاسٹر کینڈس اوونز... [...]

امریکی شہری مصنوعی ذہانت سے خوفزدہ، سب سے زیادہ تشویش کس ریاست میں پائی جاتی ہے؟

November 11, 2026 3:11

---فائل فوٹو امریکی ریاست وائیومنگ کے شہری مصنوعی ذہانت سے متعلق سب سے زیادہ فکر مند ہیں، آبادی کے تناسب سے یہاں ہر 1 لاکھ افراد سالانہ... [...]

ایران کی جانب سے جان کو خطرات، امریکی وزیرِ خزانہ فوجی اڈے پر منتقل

November 11, 2026 3:11

فوٹو بشکریہ غیر ملکی میڈیاامریکی ٹی وی فاکس نیوز نے دعویٰ کیا ہے کہ ایران کی جانب سے جان کو خطرات کے باعث امریکی وزیرِ خزانہ اسکاٹ... [...]

اب جنگ کا جغرافیہ ایرانی مسلح افواج طے کرینگی، قالیباف

November 11, 2026 1:11

پاسدان انقلاب ائرو اسپیس فورس نے زیر زمین نئے میزائل شہر کی ویڈیو جاری کردی، ایرانی پارلیمنٹ کے اسپیکر محمد باقر قالیباف نے کہا کہ... [...]

امریکی وزیر جنگ کے مواخذے کی کارروائی کی کوشش ناکام

November 11, 2026 12:11

امریکی ایوان نمائندگان نے وزیر دفاع جنگ ہیگسیتھ کے مواخذے کی کارروائی کی کوشش ناکام بنادی۔وزیر جنگ پیٹ ہیگسیتھ کے مواخذے کی... [...]

امریکا کا ایران کو جنگ پر تاوان دینے سے صاف انکار

November 11, 2026 12:11

امریکی وزیر خارجہ مارکو روبیو کا کہنا ہے کہ موثر بحری ناکہ بندی اور اقتصادی پابندیوں کے سبب ایران کے خلاف مزید بڑے آپریشنزکی ضرورت... [...]

وزیر جنگ پیٹ ہیگسیتھ کا مواخذہ کرنے کی کوشش بری طرح ناکام ہوگئی، ڈونلڈ ٹرمپ

November 10, 2026 11:11

فائل فوٹوامریکا کے صدر ڈونلڈ ٹرمپ نے کہا ہے کہ وزیر جنگ پیٹ ہیگسیتھ کا مواخذہ کرنے کی کوشش بری طرح ناکام ہوگئی۔ تحریک ری پبلکن رکن... [...]

برطانیہ: امریکی فوج کا سینئر سولجر جاسوسی کے الزام میں گرفتار

November 10, 2026 8:11

برطانیہ کی انسداد دہشتگردی پولیس نے امریکی فوج کے سینئر سولجر کو گرفتار کرلیا۔پولیس کے مطابق 41 برس کے فوجی پر روس کیلئے جاسوسی سے... [...]

حادثے سے بال بال بچنے والے فرانسیسی طیارے کے پائلٹس کیخلاف کارروائی

November 10, 2026 6:11

فوٹو: فائللاس اینجلس ایئرپورٹ سے روانگی کے فوری بعد خوفناک حادثے سے بال بال بچنے والے ایئر فرانس کے طیارے کے پائلٹس کے خلاف امریکا... [...]

نیو جرسی میں ہیلی کاپٹر کی بندرگاہ پر ہنگامی لینڈنگ

November 10, 2026 6:11

امریکی ریاست نیو جرسی میں انجن فیل ہونے کے باعث ایک ہیلی کاپٹر کی بیون پورٹ کی ایک سڑک پر ہنگامی لینڈنگ کرادی گئی تاہم کوئی جانی نقصان... [...]

این ویڈیا کے سی ای او کا اسکینڈل انٹرنیٹ پر ٹرولنگ میٹریل بن گیا

November 10, 2026 3:11

امریکی کمپنی این ویڈیا کے چیف ایگزیکٹو آفیسر کا اسکینڈل انٹرنیٹ پر ٹرولنگ میٹریل بن گیا۔اربوں ڈالر کی چپس اور اے آئی کمپنی کے سی... [...]

لندن کی پرواز جیٹ اسٹریم سے ’’بے قابو‘‘، سنبھالنے کیلئے پائلٹس کو 3 ہزار فٹ اوپر جانا پڑا

November 10, 2026 3:11

برطانوی ایئرلائن کی پرواز کو بہاماس نساؤ سے لندن کے ہیتھرو ایئرپورٹ جاتے ہوئے بحرِ اوقیانوس پر 38,000 فٹ کی بلندی پر سفر کے دوران جیٹ... [...]

امریکا نے جنگ شروع نہیں کی، ایران نے 47 سال پہلے شروع کی تھی: پیٹ ہیگیستھ

November 10, 2026 2:11

فوٹو: سوشل میڈیاامریکا کے وزیر جنگ پیٹ ہیگستھ نے کہا ہے کہ امریکا نے جنگ شروع نہیں کی ایران نے 47 سال پہلے شروع کی تھی۔پینٹاگون میں... [...]

ابوظبی میں روس، یوکرین اور امریکا سہ فریقی مذاکرات کا تیسرا دور

November 10, 2026 2:11

تصویر: رائٹرز۔ابوظبی میں روس، یوکرین اور امریکا کے درمیان سہ فریقی مذاکرات کا تیسرا دور شروع ہوگیا۔ اس موقع پر امریکی وفد کے سربراہ... [...]

عالمی منڈی میں خام تیل کی قیمتوں میں کمی کا سلسلہ جاری

November 11, 2026 4:11

---فائل فوٹوعالمی مارکیٹ میں خام تیل کی قیمتوں میں کمی کا سلسلہ جاری ہے۔ اماراتی مربن خام تیل مزید کم ہو کر 92 ڈالرز فی بیرل پر آ... [...]

پاکستان نے دسمبر اور جنوری کیلئے ایل این جی کی مہنگی بولیاں مسترد کر دیں

November 11, 2026 4:11

---فائل فوٹوپاکستان نے دسمبر اور جنوری میں ایل این جی سپلائی کے لیے موصول ہونے والی مہنگی بولیاں مسترد کر دیں۔ پاکستان ایل این جی... [...]

پی ایس ایکس: کاروبار میں تیزی، 100 انڈیکس 5448 پوائنٹس بڑھ گیا

November 10, 2026 1:11

فوٹو: فائلسعودی پاک ایکویٹی فنڈ کے قیام، خام تیل کی قیمتوں میں کمی اور اکتوبر کی تقریباً چار ارب ڈالر کی ترسیلات پر پی ایس ایکس 100... [...]

ملک میں سونے کی قیمتوں میں اضافے کے بعد بڑی کمی

November 10, 2026 10:11

—فائل فوٹوملک میں سونے کی فی تولہ قیمت میں اضافے کے بعد بڑی کمی ہو گئی۔آل پاکستان جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق فی تولہ سونے... [...]

اکتوبر میں بیرون ملک مقیم پاکستانیوں نے کتنے ڈالرز وطن بھیجے؟

November 10, 2026 8:11

---فائل فوٹوبیرون ملک مقیم پاکستانیوں نے رواں سال اکتوبر میں 3 ارب 90 کروڑ ڈالرز کی ترسیلات زر پاکستان بھیجیں۔اسٹیٹ بینک آف پاکستان کے... [...]

عالمی منڈی میں خام تیل کی قیمتوں میں کمی کا سلسلہ جاری

November 10, 2026 6:11

---فائل فوٹوعالمی منڈی میں خام تیل کی قیمتوں میں کمی کا سلسلہ جاری ہے۔ برینٹ خام تیل کی قیمت کم ہو کر 91 ڈالرز 60 سینٹس فی بیرل ہو... [...]

ملک میں سونا پھر مہنگا

November 9, 2026 9:11

---فائل فوٹوملک میں سونے کی قیمتوں میں ایک بار پھر اضافہ ریکارڈ کیا گیا ہے۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق 3200... [...]

چھوٹے، درمیانے برآمد کنندگان کیلئے 300 ارب مختص

November 7, 2026 2:11

وزارت خزانہ نے چھوٹے اور درمیانے درجے کے برآمد کنندگان کےلیے 300 ارب روپے مختص کردیے۔وزارت خزانہ کے حکام کے مطابق حکومت نے چھوٹے اور... [...]

سونے کی فی تولہ قیمت برقرار

November 7, 2026 12:11

ملک بھر میں ہفتے کے روز سونے کی فی تولہ قیمت 4 لاکھ 29 ہزار 136 روپے پر برقرار رہی ہے۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے... [...]

ایل پی جی کی مہنگے داموں فروخت نے شہریوں کی مشکلات بڑھا دیں

November 7, 2026 9:11

— فائل فوٹوکراچی، لاہور، ملتان، کوئٹہ، گھوٹکی اور سرگودھا میں ایل پی جی کی مہنگے داموں فروخت نے شہریوں کی مشکلات بڑھا دیں۔کراچی میں... [...]

فیول پرائس ایڈجسٹمنٹ کے تحت بجلی 2 روپے37 پیسے فی یونٹ مہنگی

November 7, 2026 6:11

ملک میں ستمبر کی فیول پرائس ایڈجسٹمنٹ کے تحت بجلی 2 روپے37 پیسے فی یونٹ مہنگی کر دی گئی۔نیشنل الیکٹرک پاور ریگولیٹری اتھارٹی نے... [...]

پاکستان اسٹاک ایکسچینج: کاروباری ہفتے میں مثبت رجحان رہا

November 7, 2026 5:11

—فائل فوٹوپاکستان اسٹاک ایکسچینج کی ہفتہ وار اپ ڈیٹ سامنے آ گئی، کاروباری ہفتے میں کاروبار کا مثبت رجحان رہا۔پاکستان اسٹاک... [...]

پی ایس ایکس: کاروبار کا منفی رجحان، 100 انڈیکس میں 1493 پوائنٹس کی کمی

November 6, 2026 12:11

پاکستان اسٹاک ایکسچینج میں آج کاروبار کا منفی رجحان رہا جہاں 100 انڈیکس میں 1493 پوائنٹس کی کمی ہوئی۔ پی ایس ایکس بینچ مارک 100 انڈیکس... [...]

ملک میں سونے کی قیمت میں بڑی کمی

November 6, 2026 10:11

— فائل فوٹوملک میں آج سونے کی فی تولہ قیمت 6500 روپے کم ہو کر 4 لاکھ 29 ہزار 136 روپے ہو گئی۔آل پاکستان جیمز اینڈ جیولرز ایسوسی ایشن کے... [...]

امریکی ناظم الامور نیٹلی بیکر کا کراچی میں اسٹیٹ بینک کا دورہ

November 6, 2026 9:11

پاکستان میں امریکی ناظم الامور نیٹلی بیکر—فائل فوٹوپاکستان میں امریکی ناظم الامور نیٹلی بیکر نے کہا ہے کہ پاکستانی اداروں کو عالمی... [...]

‘The thought of living to 100 terrifies me’: Is Social Security a giant Ponzi scheme?

November 11, 2026 2:15

There is already a demographic ‘run’ on Social Security. [...]

One reason Children’s Place is filing for bankruptcy? Not enough children.

November 11, 2026 1:54

The chain has been contending with falling birth rates, cautious consumers, stiff competition and $881 million in debt. [...]

CoreWeave’s stock pops as new financing playbook eases debt concerns

November 11, 2026 1:12

A third-quarter revenue beat and $9 billion in planned prepayments gave investors renewed confidence in CoreWeave’s business. [...]

‘We had the worst fight’: I want my husband to retire at 65, but I don’t want to lose his $280,000 salary. Is that unreasonable?

November 11, 2026 12:30

“We have $2.6 million, most of it in his 401(k) and IRAs, plus $450,000 in a brokerage account.” [...]

Should a widow leave her late partner’s home to her stepkids — or cut off contact with them?

November 11, 2026 12:00

“It would be a less drastic step than selling the home now and splitting the proceeds.” [...]

‘I’m sick of flying’: I paid for priority boarding, but the overhead bins were full. Was I duped?

November 10, 2026 11:25

“Maybe next time I’ll try the other approach: I’ll board whenever I feel like it and drop my suitcase in the first open slot I see.” [...]

AMD’s stock fades as investors weigh whether Nvidia’s turmoil will mean lasting wins

November 10, 2026 10:37

It’s one thing for money to shift between stocks, but it’s another thing for customers to shift their supplier relationships. [...]

Looking to buy the dip in chip stocks? Here’s how to avoid buying too soon.

November 10, 2026 10:30

Investors shouldn’t pay much attention to how the SOX chip-sector index trades until it reaches key “lines in the sand,” that define technical battleground areas above and below current levels. [...]

Meet the former prosecutor Nvidia hired to investigate the Jensen Huang spy scandal

November 10, 2026 10:05

Joon Kim just joined the Wachtell Lipton law firm last month and now will lead an independent investigation into whether Nvidia’s CEO was the target of a China spy operation [...]

Stocks fall as the 10-year Treasury yield nears 5% mark

November 10, 2026 9:42