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China keeps benchmark lending rates unchanged for 16th month in September
September 20, 2026 6:32
China keeps benchmark lending rates unchanged for 16th month in September

SHANGHAI: China kept its benchmark lending rates unchanged for the 16th straight month on Sunday, in line with market ​expectations. Why it’s important The steady loan prime rates underscored the limited scope ‌for fresh monetary easing after some major global central banks recently adopted a more hawkish stance, even as the yuan continued to strengthen. By the numbers The one-year LPR was ​kept at 3.00%, while the five-year LPR was unchanged at 3.50%. Fed chair signals ‘work to do’ on high US inflation All ​21 market participants in a Reuters survey forecast no change to ⁠either rate. Context The Federal Reserve raised interest rates last week and flagged more hikes in the ​coming months, with new US central bank chief Kevin Warsh joining a ​unanimous decision that effectively acknowledges the Trump administration’s inability so far to control inflation that policymakers worry could worsen. The yield premium on benchmark 10-year U.S. Treasuries over Chinese government ​bonds hovered near the highest level on record after the Fed ​rate hike. China’s slower loan growth is becoming the new normal as shrinking property and local government ‌sectors ⁠sap credit demand faster than emerging industries can fill the gap, central bank Governor Pan Gongsheng said. [...]

Venezuela leader Rodriguez signs agreement with French Oil Company Total Energies
September 20, 2026 6:12
Venezuela leader Rodriguez signs agreement with French Oil Company Total Energies

CARACAS: Venezuela Interim President Delcy ​Rodriguez on Saturday ‌signed a memorandum of understanding ​with French oil ​and gas company ⁠Total Energies, according ​to local media. It ​was the latest of a flurry of ​oil deals ​signed between multinational oil companies ‌and ⁠Venezuela’s new government, following the US’s toppling of ​former ​president ⁠Nicolas Maduro in January. Venezuela nears deal to move USD4bn gold reserve to New York, FT says No ​details about ​the ⁠deal with Total Energy were immediately ⁠available. [...]

Apple's Tim Cook sees Australia's social media curbs as 'world-leading', PM says
September 20, 2026 6:07
Apple's Tim Cook sees Australia's social media curbs as 'world-leading', PM says

SYDNEY: Apple Executive Chair Tim Cook views the Australian government’s pioneering curbs on ​social media as “world-leading”, Prime Minister Anthony Albanese said on Sunday after ‌meeting with Cook at the company’s US headquarters. “Tim Cook gave us a lot of time this morning. He regards the work that we’ve done on social media to ​be world-leading,” Albanese said in remarks from Apple Park, California, televised ​in Australia on Sunday. Australia this month took the next step in its ⁠push to improve online safety with a plan to give social media ​users the option to select the content they see on their feeds. In December ​Australia became the first country to ban social media for children under 16. Other governments have followed this year, with the European Commission the latest to propose such a ​ban for children under 13. Australia social media ban hits 4.7 million teen accounts in first month Asked for comment on Albanese’s remarks, an Apple ​spokesperson referred to a post by Cook on X, saying he was grateful to share ‌with ⁠Albanese “some of our newest innovations, including strong and intuitive controls to help keep kids safe online”. Cook recently stepped down as Apple CEO after 15 years in the role. Albanese’s visit to the US comes as industry leaders there ​are split over how fast ​companies should develop ⁠the increasingly powerful technology, and as an AI safety debate roils Silicon Valley. Albanese said AI entails risks that must be ​mitigated. Apple shows off iPhone 18 Pro at start of event “There is a need for a discussion about what ​the global ⁠framework is for the roll out of AI, because it is moving very quickly, and we need to make sure that humans remain in control,” he ⁠told ​reporters, according to an official transcript. The Australian leader’s ​comments contrast with the position of President Donald Trump, who has downplayed concerns about AI and argued that ​additional regulation is unnecessary. [...]

US Treasury's Bessent, China's He to launch talks on AI, trade, critical minerals
September 20, 2026 5:35
US Treasury's Bessent, China's He to launch talks on AI, trade, critical minerals

NEW YORK: US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet on Sunday to try to tee up potential agreements on AI, tariffs and critical minerals for ​a high-stakes Washington summit this week between US President Donald Trump and Chinese President Xi Jinping. The meetings at JP Morgan Chase’s headquarters in Manhattan, which also will include ‌US Trade Representative Jamieson Greer, are due to start at about 10:30 a.m. (1430 GMT) and are expected to run all day. Key topics will be the status of a US-China trade truce that is set to expire on November 10, flows of Chinese rare-earth magnets and critical minerals that US officials say are insufficient and potential guard rails for artificial intelligence after reports of key security breaches involving AI models. The most likely outcome, analysts say, would be for Washington and Beijing to ​agree on small steps to show they are continuing to avoid escalating tensions in a delicate trade relationship that has major consequences for the global economy. “I think there will be some show ​of deliverables because of the fact that it’s a presidential summit coming, but I don’t feel like we’re on the verge of some sort of ⁠breakthrough,” said Anna Ashton, a longtime China trade analyst and founder of Ashton Intelligence. “I think status quo is probably both sides’ general best expectation.” Many of the issues that He, Bessent and Greer will have to ​work through for Trump and Xi are holdovers from the two leaders’ meeting in Beijing in May, including an effort on both sides to cut tariffs on non-strategic goods and Chinese pledges to increase purchases of ​US agricultural goods by $17 billion a year and to purchase more than 200 Boeing aircraft. The Bessent-He-Greer meeting follows a pattern set over the past 16 months, in which the three officials met in European and Asian cities to tee up potential agreements for Trump and Xi. These efforts included the November 2025 truce reached in Busan, South Korea, which capped US tariffs imposed during Trump’s second term in office at about 20% on Chinese goods after tit-for-tat escalation had brought ​them to triple-digit levels on both sides. The US Supreme Court later struck down the Trump tariffs that were invoked under a national emergencies law, including duties related to fentanyl trafficking. An emboldened India holds out for better terms in US trade talks Trump’s administration has been rebuilding them ​under new authorities, including restoring a 12.5% tariff on Chinese goods over forced labor allegations. It is finalizing a separate tariff investigation aimed at curbing excess industrial capacity that it says is rampant in China. Under that truce, China ‌promised to restore ⁠the flow of critical minerals to US and global users. However, a senior US official told reporters on Friday that China’s performance on that front “has not been up to par” and would be a topic for discussion ahead of the Trump-Xi summit. New talks on AI The Bessent-He discussions on AI are significant because the US and China are the two major forces driving development of advanced AI tools and the global adoption of the technology. Rare earths play a crucial role in the manufacturing of advanced semiconductor technology powering AI. Bessent said on Friday he expects the discussions to cover “both open- and closed-weight models.” Open-weight models are AI systems ​with publicly accessible core elements where users can download ​and fine-tune them for specific tasks. Chinese open-weight models ⁠are becoming more popular with US companies because they can be cheaper than closed-weight AI tools such as those developed by Anthropic, OpenAI and other US companies. “The United States remains the leader in AI. And we are open to discussions on avoiding shared risks and avoiding bifurcation of our two systems,” Bessent ​said in a statement regarding the China talks. Bessent has called for the US and China to agree on AI “guard rails” aimed at keeping powerful models ​out of the hands of ⁠malign non-state actors. Tariff reductions, investment The US and China also agreed in May to launch discussions to reduce tariffs for non-strategic goods under a so-called “Board of Trade” mechanism along with a similar forum to deal with specific investment issues. While the Trump administration has tightened restrictions on US companies investing in some industries in China, Reuters reported on Friday that it is working on rules that would likely allow US pharmaceutical firms to invest in promising Chinese ⁠drugs and strike ​licensing deals for them. US imposes 25% tariff on some imports from Brazil China’s Ministry of Commerce said on Saturday that He would also lead a delegation of Chinese companies ​to the US that would participate in economic and trade consultations ahead of the summit. The business delegation, which mirrors a group of US CEOs that Trump brought to Beijing in May, was announced as Trump expressed openness to Chinese automakers building US factories. US auto ​industry groups on Friday urged Trump to maintain an effective ban on Chinese vehicle sales in the US on national security grounds. [...]

CCP fines edible oil tanker owners’ body Rs60mn for cartelisation
September 19, 2026 12:56
CCP fines edible oil tanker owners’ body Rs60mn for cartelisation

The Competition Commission of Pakistan (CCP) has imposed a Rs60 million penalty on the All Pakistan Edible Oil Tanker Owners Association (APEOTOA) for fixing transportation charges and allocating business among tanker owners through a restrictive queue system. The commission said the practices violated Section 4 of the Competition Act, 2010, and imposed separate penalties of Rs30 million for price fixing and market allocation. The case arose from CCP market surveillance, which detected circulars fixing transportation charges for edible oil, ghee and fats transported from Karachi ports to destinations across the country. The commission initiated a suo motu enquiry in August 2024 and conducted a search and inspection in February 2025. According to the CCP, material recovered during the search showed that APEOTOA revised transportation rates 89 times between 2019 and 2025, including 52 increases and 37 decreases. Matching rate changes were communicated through circulars issued by the Pakistan Vanaspati Manufacturers Association (PVMA). APEOTOA representatives also acknowledged that transportation rates were determined through an agreement between the two associations, the commission said. The CCP rejected APEOTOA’s contention that its rate circulars were merely advisory, stating that even non-binding recommendations by a trade association can restrict competition if they influence members’ independent commercial decisions. The commission also cited the Supreme Court’s judgment in the PVMA case, under which competitors are required to retain the freedom to independently determine their prices. The commission separately found that APEOTOA’s queue system allocated consignments among tanker owners instead of allowing independent competition for business. The association issued “parchis” for lifting consignments and enforced compliance with the system. A September 2023 circular prescribed a Rs500,000 fine each for a tanker and its owner for violating specified allocation conditions, the CCP said. The commission identified the relevant market as road transportation services for edible oil, ghee and fats across Pakistan. In assessing the penalty, the commission considered APEOTOA’s substantial market position, the nearly six-year duration of the pricing conduct, senior management involvement, and continuation of rate revisions even after enforcement proceedings commenced. APEOTOA has also been directed to immediately cease the anti-competitive practices, recall existing price circulars and discontinue the queue system having the effect of dividing the market. It must publish notices in two Urdu and two English national newspapers clarifying that tanker owners are free to independently determine transportation rates and lift consignments irrespective of association membership. The penalty must be deposited and compliance reported within 60 days. Failure to comply may attract an additional penalty of Rs 50,000 per day and possible criminal proceedings under Section 38. [...]

Gold price declines by Rs100 per tola in Pakistan
September 19, 2026 12:25
Gold price declines by Rs100 per tola in Pakistan

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs460,236 after a decline of Rs100 during the day. Similarly, 10-gram gold was sold at Rs394,578 after it fell by Rs85, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Friday, gold price per tola reached Rs460,336 after an increase of Rs6,900 during the day. The international rate of gold declined by $1 to reach $4,377 per ounce. Meanwhile, the price of silver also decreased by Rs69 to reach Rs7,100 per tola. [...]

Gold price increases by Rs6,900 per tola in Pakistan
September 19, 2026 7:38
Gold price increases by Rs6,900 per tola in Pakistan

Gold prices in Pakistan increased on Friday in line with their gains in the international market. In the local market, gold price per tola reached Rs460,336 after an increase of Rs6,900 during the day. Similarly, 10-gram gold was sold at Rs394,663 after it rose by Rs5,914, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs453,436 after a decline of Rs3,800 during the day. The international rate of gold increased by $69 to reach $4,378 per ounce. Meanwhile, the price of silver also increased by Rs300 to reach Rs7,169 per tola. [...]

Rupee sees further improvement against US dollar
September 18, 2026 1:33
Rupee sees further improvement against US dollar

The Pakistani rupee extended its marginal gains against the US dollar in the interbank market on Friday. The local unit closed the day at 277.25, a gain of Re0.01 against the greenback. On Thursday, the Pakistani rupee settled at 277.26 against the dollar. Globally, the Japanese yen got off ​to a weak start against the US dollar and the euro at the start of Asian trading ‌on Friday, with currency markets in a subdued mood ahead of an expected rate hike from the Bank of Japan later in the trading session. The yen fell 0.1% to 156.19 yen per US dollar, resuming its decline after snapping a three-day losing streak on Thursday as traders prepare ​for the Japanese central bank to lift interest rates to the highest level in more than three decades. The British pound was flat at a 2-1/2-month low of $1.3359 after the Bank ‌of ⁠England held interest rates on Thursday and unexpectedly paused sales of government bonds for six months. The euro was flat at $1.1478. The US dollar index, which measures the greenback’s strength against ​a basket of six currencies, was ​flat at 100.2100, after ⁠edging back from a 2-1/2-month high on Thursday. Traders narrowly expect a hike from the Federal Reserve next month as investors say they are becoming more confident in Chair Kevin Warsh’s ​efforts to reassert the central bank’s independence from the White House. Fed funds futures are pricing ​an implied 53% ⁠probability of a quarter-point hike at the central bank’s next two-day meeting next month, compared with a 27.2% chance a week ago, according to the CME Group’s FedWatch tool. Oil prices, a key indicator of currency parity, fell on Friday as easing concerns over Saudi supply disruptions outweighed anxiety about a widening of conflict across the Middle East. Brent crude futures fell by 88 cents, or 0.84%, to $103.94 a barrel by 1225 GMT. US West Texas Intermediate futures were little changed at $102.15. Benchmark Brent prices are on track for their first weekly loss in three, down 0.8%. Inter-bank market rates for dollar on Friday BID Rs 277.25 OFFER Rs 277.45 Open-market movement In the open market, the PKR lost 8.00 paisa for buying and 3.00 paisa for selling against USD, closing at 278.19 and 279.10, respectively. Against Euro, the PKR lost 35.00paisa forbuying and 11.00paisa for selling, closing at 318.87and 321.72, respectively. Against UAE Dirham, the PKR lost 2.00 paisa for buying and 3.00 paisa for selling, closing at 75.65 and 76.25, respectively. Against Saudi Riyal, the PKR lost 2.00 paisa for buying and 3.00 paisa for selling,closing at 73.95 and 74.47, respectively. Open-market rates for dollar on Friday BID Rs 278.19 OFFER Rs 279.10 [...]

Sri Lankan shares end four-day slide, but log worst week in over two months
September 18, 2026 1:17
Sri Lankan shares end four-day slide, but log worst week in over two months

Sri Lankan shares closed higher on Friday, snapping a four-session losing streak, although they logged their worst weekly decline in over two months. The CSE All Share index settled up 0.16% at 21,056.26, aided by gains in communication services stocks, but fell 1.6% over the week. SMB Finance PLC and Industrial Asphalts (Ceylon) were the top percentage gainers on the CSE All Share index, rising 33.3% and 16.7%, respectively. Trading volume on the CSE All Share index fell to 39.4 million shares from 55.4 million in the previous session. The equity market’s turnover was little changed at 1.34 billion Sri Lankan rupees ($4.05 million) from 1.33 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 27.3 million rupees, while domestic investors were net buyers, purchasing shares worth 1.31 billion rupees, the data showed. [...]

Abu Dhabi gains on IHC rally, Dubai falls
September 18, 2026 12:22
Abu Dhabi gains on IHC rally, Dubai falls

Abu Dhabi’s index closed higher on Friday, supported by gains in the healthcare and consumer staples sectors, while Dubai’s market bucked the trend to end lower. Abu Dhabi’s benchmark index rose 1.1%, its biggest intraday gain in more than 6 weeks, boosted by a 4.8% surge in UAE’s biggest listed firm International Holding Company. Among other gainers, healthcare conglomerate Pure Health Holding jumped 4.7%, while hypermarket operator Lulu Retail Holding was up 2.6%. Dubai’s main index, however, fell 0.5%, snapping a two-session winning streak, dragged down by a 2.4% drop in top lender Emirates NBD Bank and 1.5% dip in blue-chip developer Emaar Properties. Food delivery platform Talabat Holding climbed 2.6% after recommending a dividend of 2.660 fils per share for the first half of the year. Oil prices, a key driver of Gulf financial markets, fell on Friday as concerns over potential supply disruptions in Saudi Arabia eased. Brent crude was down 1.6% at $103.18 a barrel by 1149 GMT. [...]

London's FTSE 100 retreats as banks, energy weigh but eyes weekly rise
September 18, 2026 11:55
London's FTSE 100 retreats as banks, energy weigh but eyes weekly rise

London’s FTSE 100 pulled back from an over one-week high on Friday, dragged by banks and energy stocks, but was set for gains in a week packed with economic data and central bank decisions. The blue-chip FTSE 100 index fell 0.6% to 10,751.57 points by 0953 GMT, poised for its biggest weekly jump since late July. The midcap FTSE 250 was flat, but was on track for its sharpest weekly rise since early August. On Friday, financial stocks were the biggest drags on the index. Banks lost 0.7%, with Lloyds and HSBC falling 1.2% and 0.6% respectively. Energy companies were down 0.8%, as oil prices fell for a third straight session on easing concerns over Saudi supply disruptions. Telecom stocks were the biggest percentage decliners with a 4.3% tumble. Airtel Africa lost 8.8% after a report said its Airtel Money was considering downsizing its London IPO. On the flip side, precious metal miners rose 1.6%, as gold prices extended their rally. Data showed British consumers unexpectedly increased their shopping in August, although they cut fuel purchases after prices jumped. The report comes a day after the Bank of England held interest rates steady but warned that policymakers might have to go up if the Iran war drags on. Brokerages changed their rate calls following the decision, with Barclays joining J.P.Morgan in expecting a hike in November. The central bank on Thursday also paused UK government bond sales for six months and halted long-dated gilt sales entirely, days after a global bond rout. Gilts steadied on Friday after last session’s rally. The US Federal Reserve hiked rates by 25 basis points this week, and the central bank reinforced its fight against inflation, sparking a rally across global markets on Thursday. Among individual stocks, Softcat bottomed the FTSE 250 with a 2.8% fall after the IT firm agreed to buy US-based GDT at an enterprise value of $1.05 billion. [...]

Indian rupee slips on-week, traders reckon 'line in sand' near 96/USD will hold
September 18, 2026 11:24
Indian rupee slips on-week, traders reckon 'line in sand' near 96/USD will hold

MUMBAI: The Indian rupee logged a weekly decline on Friday, hurt by expectations of higher global interest rates, while traders kept an eye on oil prices and said that central bank intervention would limit the currency’s downside around 96 per dollar. The Indian rupee ended at 95.8750 per dollar, up modestly on the day but logged a 0.3% week-on-week fall. The US Federal Reserve and the Bank of Japan raised interest rates this week, joining other central banks in hiking rates as the Iran war fans inflationary risks. Higher benchmark borrowing costs are negative for risk assets including emerging market currencies and equities. Oil prices climbed to near four-month highs earlier in the week but have since cooled on reports that Saudi Arabia was seeking to restore about half the capacity of its East-West oil pipeline within days amid ongoing hostilities in Middle East. “The next key question for investors is whether the Fed’s policy stance will prompt a similar response from Asia,” DBS said in a note. “We expect India and Philippines to raise rates next quarter, apart from increased odds for Malaysia, while others monitor evolving risks.” The prospect of higher rates is supportive for the rupee, although traders said that the currency’s depreciation towards the 96 mark has drawn firm central bank intervention over recent trading sessions. The Reserve Bank of India “is defending 96 quite sternly, making it a line in the sand for the moment,” a trader at a state-run lender said. Elsewhere, Asian currencies were mixed, while regional stocks gained. India’s benchmark Nifty 50 index rose 0.3% The National Stock Exchange of India’s $2.3 billion initial public offering was fully subscribed on the second day of bidding, driven by strong demand from foreign and domestic institutional investors. Foreign portfolio inflows are supportive of the rupee. [...]

Indian shares post longest weekly losing streak in six years on oil, rate worries
September 18, 2026 11:22
Indian shares post longest weekly losing streak in six years on oil, rate worries

Indian shares posted a sixth straight weekly decline on Friday, their longest losing streak since 2020, as crude prices above $100 per barrel driven by Mideast tensions and tighter global monetary policy weighed. On the day, the Nifty 50 rose 0.33% to 23,346.40, while the Sensex shed 0.03% to 74,294.96. A drop in oil prices, bargain buying after recent losses outweighed declines in IT and Tata Group stocks as well as strong demand for domestic IPOs drained liquidity from the secondary market on Friday. The $2.3 billion NSE IPO was fully subscribed on its second day of bidding. “While markets gained during the session, the move appears to be driven largely by bargain buying after the recent oversold conditions, rather than signalling a meaningful reversal in sentiment,” said Saurabh Jain, deputy vice President of equities at SMC Global. The Nifty and Sensex declined 0.22% and 0.65%, respectively, this week. “Uncertainty over any near-term resolution to Middle East tensions continues to pressure domestic equities, particularly exposed to crude prices,” Jain said. “Elevated global bond yields and persistently high U.S. interest rates are also diminishing the relative appeal of emerging markets such as India for foreign investors.” Ten of the 16 major sectors logged weekly losses. The broader small-caps and mid-caps fell 0.15% and 0.01%, respectively. Bucking the trend, insurers HDFC Life and SBI Life gained 4% and 2.8%, respectively, as investors responded positively to the sector’s growth outlook and enhanced transparency driven by financial-reporting transition. Systematix Research expects the new accounting framework to offer a more granular view of underlying insurance profitability. On the day, most Tata Group stocks fell, with TCS, Tata Motors Passenger Vehicles, Tata Investment, and Tata Chemicals falling 2.5% to 11.1% as investors reacted to heightened uncertainty over the potential listing and leadership of holding company Tata Sons, following a public dispute. [...]

Active demand in China sets copper on track for weekly gain
September 18, 2026 11:19
Active demand in China sets copper on track for weekly gain

LONDON: Copper prices rose for a fourth straight session on Friday, climbing back towards record highs as robust demand in top consumer China continued to underpin the market. Three-month copper on the London Metal Exchange gained 0.2% to $14,521 a metric ton by 1009 GMT, after touching $14,572.5, its highest level since September 10, when it hit a record peak of $14,875. The metal was up 2% for the week. High-frequency data indicate that Chinese demand for copper, aluminium and flat steel was 1-2% higher year-on-year in the first half of September. End-user response to a higher copper price appeared more modest than in the past, Goldman Sachs said in a research note. Domestic copper scrap supply in China remained tight, contributing to further delays in the return of copper smelting capacity from maintenance, the bank added. The Yangshan copper premium, a gauge of Chinese demand for imported copper, has climbed 72% so far in September to $124 a ton, its highest level in nearly four years. Dollar-priced metals also became more attractive for Chinese buyers as the yuan ended Friday at its strongest level against the US currency since mid-2022. Traders await next week’s meeting between US President Donald Trump and Chinese leader Xi Jinping. Available copper stocks in LME-registered warehouses fell to 139,650 tons, daily data showed, after 4,500 tons of fresh cancellations in Asia, mainly in Taiwan and Hong Kong. Meanwhile, copper inventories in warehouses monitored by the Shanghai Futures Exchange rose 2.4% this week to 56,073 tons after a three-week decline. COMEX copper stocks remained broadly steady this week at 696,631 tons as the premium of US copper futures over LME prices narrowed to levels insufficient to encourage physical shipments with the White House yet to decide on refined copper tariffs. LME aluminium fell 0.1% to $3,297, zinc rose 1.3% to $3,932, lead was steady at $1,910, tin climbed 0.6% to $53,505 and nickel lost 0.4% to $16,230. [...]

Palm oil falls on weaker rival oils, crude; gains 1.7% for the week
September 18, 2026 11:16
Palm oil falls on weaker rival oils, crude; gains 1.7% for the week

JAKARTA: Malaysian palm oil futures closed lower on Friday, tracking weaker rival edible oils on the Dalian and Chicago exchanges, as well as crude oil, but still posted a weekly gain. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange fell 38 ringgit, or 0.77%, to 4,898 ringgit ($1,200.49) a metric ton at the close. The contract gained 1.74% for the week. “FCPO futures remained in negative territory on Friday, mirroring selling pressure across the broader commodity complex during Asian trading hours,” a Kuala Lumpur-based trader said. Dalian’s most-active soyoil contract fell 1.57%, while its palm oil contract lost 2.14%. Soyoil prices on the Chicago Board of Trade were down 0.77%. Palm oil tracks rival edible oils as it competes for a share of the global vegetable oils market. Market participants are monitoring an official announcement from the Indian government on a potential reduction in import tariffs, which could have implications for Malaysian palm oil demand, the trader said. Oil prices fell 2% on Friday, extending losses for a third straight session as easing concerns over Saudi supply disruptions outweighed concerns about a widening of conflict across the Middle East. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. Palm oil output in Indonesia’s major producing region, Kalimantan, could fall 12-15% in the fourth quarter, with plantations hit by prolonged dry weather and widespread fires, an analyst said on Wednesday. The ringgit, palm’s currency of trade, gained 0.49% against the US dollar, making the commodity more expensive for buyers holding foreign currencies. [...]

China keeps benchmark lending rates unchanged for 16th month in September
September 20, 2026 6:32
China keeps benchmark lending rates unchanged for 16th month in September

SHANGHAI: China kept its benchmark lending rates unchanged for the 16th straight month on Sunday, in line with market ​expectations. Why it’s important The steady loan prime rates underscored the limited scope ‌for fresh monetary easing after some major global central banks recently adopted a more hawkish stance, even as the yuan continued to strengthen. By the numbers The one-year LPR was ​kept at 3.00%, while the five-year LPR was unchanged at 3.50%. Fed chair signals ‘work to do’ on high US inflation All ​21 market participants in a Reuters survey forecast no change to ⁠either rate. Context The Federal Reserve raised interest rates last week and flagged more hikes in the ​coming months, with new US central bank chief Kevin Warsh joining a ​unanimous decision that effectively acknowledges the Trump administration’s inability so far to control inflation that policymakers worry could worsen. The yield premium on benchmark 10-year U.S. Treasuries over Chinese government ​bonds hovered near the highest level on record after the Fed ​rate hike. China’s slower loan growth is becoming the new normal as shrinking property and local government ‌sectors ⁠sap credit demand faster than emerging industries can fill the gap, central bank Governor Pan Gongsheng said. [...]

Venezuela leader Rodriguez signs agreement with French Oil Company Total Energies
September 20, 2026 6:12
Venezuela leader Rodriguez signs agreement with French Oil Company Total Energies

CARACAS: Venezuela Interim President Delcy ​Rodriguez on Saturday ‌signed a memorandum of understanding ​with French oil ​and gas company ⁠Total Energies, according ​to local media. It ​was the latest of a flurry of ​oil deals ​signed between multinational oil companies ‌and ⁠Venezuela’s new government, following the US’s toppling of ​former ​president ⁠Nicolas Maduro in January. Venezuela nears deal to move USD4bn gold reserve to New York, FT says No ​details about ​the ⁠deal with Total Energy were immediately ⁠available. [...]

Apple's Tim Cook sees Australia's social media curbs as 'world-leading', PM says
September 20, 2026 6:07
Apple's Tim Cook sees Australia's social media curbs as 'world-leading', PM says

SYDNEY: Apple Executive Chair Tim Cook views the Australian government’s pioneering curbs on ​social media as “world-leading”, Prime Minister Anthony Albanese said on Sunday after ‌meeting with Cook at the company’s US headquarters. “Tim Cook gave us a lot of time this morning. He regards the work that we’ve done on social media to ​be world-leading,” Albanese said in remarks from Apple Park, California, televised ​in Australia on Sunday. Australia this month took the next step in its ⁠push to improve online safety with a plan to give social media ​users the option to select the content they see on their feeds. In December ​Australia became the first country to ban social media for children under 16. Other governments have followed this year, with the European Commission the latest to propose such a ​ban for children under 13. Australia social media ban hits 4.7 million teen accounts in first month Asked for comment on Albanese’s remarks, an Apple ​spokesperson referred to a post by Cook on X, saying he was grateful to share ‌with ⁠Albanese “some of our newest innovations, including strong and intuitive controls to help keep kids safe online”. Cook recently stepped down as Apple CEO after 15 years in the role. Albanese’s visit to the US comes as industry leaders there ​are split over how fast ​companies should develop ⁠the increasingly powerful technology, and as an AI safety debate roils Silicon Valley. Albanese said AI entails risks that must be ​mitigated. Apple shows off iPhone 18 Pro at start of event “There is a need for a discussion about what ​the global ⁠framework is for the roll out of AI, because it is moving very quickly, and we need to make sure that humans remain in control,” he ⁠told ​reporters, according to an official transcript. The Australian leader’s ​comments contrast with the position of President Donald Trump, who has downplayed concerns about AI and argued that ​additional regulation is unnecessary. [...]

US Treasury's Bessent, China's He to launch talks on AI, trade, critical minerals
September 20, 2026 5:35
US Treasury's Bessent, China's He to launch talks on AI, trade, critical minerals

NEW YORK: US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet on Sunday to try to tee up potential agreements on AI, tariffs and critical minerals for ​a high-stakes Washington summit this week between US President Donald Trump and Chinese President Xi Jinping. The meetings at JP Morgan Chase’s headquarters in Manhattan, which also will include ‌US Trade Representative Jamieson Greer, are due to start at about 10:30 a.m. (1430 GMT) and are expected to run all day. Key topics will be the status of a US-China trade truce that is set to expire on November 10, flows of Chinese rare-earth magnets and critical minerals that US officials say are insufficient and potential guard rails for artificial intelligence after reports of key security breaches involving AI models. The most likely outcome, analysts say, would be for Washington and Beijing to ​agree on small steps to show they are continuing to avoid escalating tensions in a delicate trade relationship that has major consequences for the global economy. “I think there will be some show ​of deliverables because of the fact that it’s a presidential summit coming, but I don’t feel like we’re on the verge of some sort of ⁠breakthrough,” said Anna Ashton, a longtime China trade analyst and founder of Ashton Intelligence. “I think status quo is probably both sides’ general best expectation.” Many of the issues that He, Bessent and Greer will have to ​work through for Trump and Xi are holdovers from the two leaders’ meeting in Beijing in May, including an effort on both sides to cut tariffs on non-strategic goods and Chinese pledges to increase purchases of ​US agricultural goods by $17 billion a year and to purchase more than 200 Boeing aircraft. The Bessent-He-Greer meeting follows a pattern set over the past 16 months, in which the three officials met in European and Asian cities to tee up potential agreements for Trump and Xi. These efforts included the November 2025 truce reached in Busan, South Korea, which capped US tariffs imposed during Trump’s second term in office at about 20% on Chinese goods after tit-for-tat escalation had brought ​them to triple-digit levels on both sides. The US Supreme Court later struck down the Trump tariffs that were invoked under a national emergencies law, including duties related to fentanyl trafficking. An emboldened India holds out for better terms in US trade talks Trump’s administration has been rebuilding them ​under new authorities, including restoring a 12.5% tariff on Chinese goods over forced labor allegations. It is finalizing a separate tariff investigation aimed at curbing excess industrial capacity that it says is rampant in China. Under that truce, China ‌promised to restore ⁠the flow of critical minerals to US and global users. However, a senior US official told reporters on Friday that China’s performance on that front “has not been up to par” and would be a topic for discussion ahead of the Trump-Xi summit. New talks on AI The Bessent-He discussions on AI are significant because the US and China are the two major forces driving development of advanced AI tools and the global adoption of the technology. Rare earths play a crucial role in the manufacturing of advanced semiconductor technology powering AI. Bessent said on Friday he expects the discussions to cover “both open- and closed-weight models.” Open-weight models are AI systems ​with publicly accessible core elements where users can download ​and fine-tune them for specific tasks. Chinese open-weight models ⁠are becoming more popular with US companies because they can be cheaper than closed-weight AI tools such as those developed by Anthropic, OpenAI and other US companies. “The United States remains the leader in AI. And we are open to discussions on avoiding shared risks and avoiding bifurcation of our two systems,” Bessent ​said in a statement regarding the China talks. Bessent has called for the US and China to agree on AI “guard rails” aimed at keeping powerful models ​out of the hands of ⁠malign non-state actors. Tariff reductions, investment The US and China also agreed in May to launch discussions to reduce tariffs for non-strategic goods under a so-called “Board of Trade” mechanism along with a similar forum to deal with specific investment issues. While the Trump administration has tightened restrictions on US companies investing in some industries in China, Reuters reported on Friday that it is working on rules that would likely allow US pharmaceutical firms to invest in promising Chinese ⁠drugs and strike ​licensing deals for them. US imposes 25% tariff on some imports from Brazil China’s Ministry of Commerce said on Saturday that He would also lead a delegation of Chinese companies ​to the US that would participate in economic and trade consultations ahead of the summit. The business delegation, which mirrors a group of US CEOs that Trump brought to Beijing in May, was announced as Trump expressed openness to Chinese automakers building US factories. US auto ​industry groups on Friday urged Trump to maintain an effective ban on Chinese vehicle sales in the US on national security grounds. [...]

AGTL unveils two new models at Pakistan Auto Show
September 19, 2026 9:22
AGTL unveils two new models at Pakistan Auto Show

LAHORE: Al-Ghazi Tractors Limited (AGTL) unveiled two new additions to its New Holland tractor portfolio, the NH 750, a 75 HP tractor, and the NH 85-56, an 85 HP 4WD tractor, at the Pakistan Auto Show. The new models reflect AGTL’s focus on expanding mechanisation solutions for Pakistan’s evolving agricultural, commercial and construction needs, offering farmers and businesses greater versatility beyond conventional farm operations. Speaking on the occasion, Yasin Seker, Chief Executive Officer, Al-Ghazi Tractors Limited, said, “Farm mechanisation is critical to improving productivity, efficiency and the timely execution of operations across Pakistan. Today, tractors are required not only for farming but also for a growing range of commercial and allied applications. With the NH 750 and NH 85-56, we are expanding our offering to meet these evolving requirements and providing our customers with durable and versatile mechanisation solutions.” The NH 750 delivers 75 HP while bringing features focused on durability and versatility. Its SG iron front axle support is designed to backing commercial loader and blade applications, while it’s SG iron axle housing and tubes support trolley and other commercial applications. The tractor also features a powerful hydraulic system, durable clutch, efficient disc brake system and maintenance-free battery. The NH 85-56 combines 85 HP with 4WD and Lift-O-Matic technology, providing enhanced traction and versatility for agricultural, commercial and construction applications. Its features include a strong SG iron front support for commercial loader and blade applications, Lift-O-Matic hydraulic system and an optional double-acting spool valve kit. Through these new offerings, AGTL continues to support Pakistan’s transition towards more efficient, versatile and application-driven farm mechanisation, providing machinery designed to serve a wider range of agricultural and commercial requirements. Copyright Business Recorder, 2026 [...]

Suzuki starts exporting Pak-made Alto to Brunei
September 19, 2026 9:22
Suzuki starts exporting Pak-made Alto to Brunei

LAHORE: Pakistan’s automotive industry marked a significant milestone today as Haroon Akhtar Khan, Adviser to the Prime Minister on Industries & Production, inaugurated the commencement of regular exports program of Pakistan-manufactured Suzuki Alto and Suzuki Every to Brunei Darussalam; at the Pakistan Auto Show 2026 in Lahore. This significant achievement by Pak Suzuki reflects Pakistan’s growing capability to manufacture high-quality vehicles that meet international standards and customer expectations. It also demonstrates Suzuki Motor Corporation-Japan confidence in the manufacturing capabilities, technical expertise and quality standards of Pakistan auto parts supplier, as more than 65% of the parts used in Alto are produced locally, highlighting the growing strength and capability of the country’s automotive supply chain. Hiroshi Kawamura, Managing Director of Pak Suzuki Motor Company Limited, underscored the broader importance of the occasion for Pakistan’s automotive industry stating “Today is a proud moment not only for Pak Suzuki but also for Pakistan. The export of Suzuki Alto and Suzuki Every to Brunei is more than a commercial achievement; it is an international recognition of the quality, reliability, and competitiveness of vehicles manufactured in Pakistan. Copyright Business Recorder, 2026 [...]

Venezuela nears deal to move USD4bn gold reserve to New York, FT says
September 19, 2026 9:22
Venezuela nears deal to move USD4bn gold reserve to New York, FT says

BENGALURU: The Venezuelan government and the opposition are close to an agreement to transfer the central bank’s gold reserves, worth about USD4 billion, to the Federal Reserve Bank of New York from the Bank of England, the Financial Times reported on Friday. Reuters could not immediately verify the report, which cited four people familiar with the discussion. Under the proposed deal, the interim government of Delcy Rodriguez would gain legal control over the gold but would be unable to sell the holdings immediately, the report said. Instead, the reserve could potentially be used as collateral for government borrowings, including for reconstruction from June’s twin earthquake, the newspaper added. The Federal Reserve Bank of New York, the Bank of England and the British Foreign Office did not immediately respond to Reuters’ requests for comment outside regular business hours. The Venezuelan government and the opposition could not be reached for comment. [...]

Germany machinery sector to see fourth year of decline
September 19, 2026 9:22
Germany machinery sector to see fourth year of decline

BERLIN: Germany’s machinery and equipment industry is expected to shrink for a fourth consecutive year in 2026, with production forecast to fall 2percent in real terms, the VDMA said on Thursday, cutting its earlier forecast of stagnation. The downgrade reflects weak output this year, with production down 4.1percent in the first seven months from a year earlier, despite signs that demand was improving. However, the sector group said 2027 should mark a turning point, forecasting real production growth of 3percent. “The improved order situation and slightly brighter expectations suggest production will grow again in 2027,” VDMA chief economist Johannes Gernandt said. Price-adjusted orders rose 5percent in the first seven months of 2026, driven by a 14percent increase from non-euro zone countries. Business expectations have also improved. Still, domestic demand remains weak and the recent pickup has yet to spread across the broader machinery sector, limiting the near-term production outlook, the group said. [...]

EU to impose provisional safeguards to protect electrical steel from imports
September 19, 2026 9:22
EU to impose provisional safeguards to protect electrical steel from imports

BRUSSELS/ FRANKFURT: The European Union will impose a set of import quotas and minimum prices for electrical steel and downstream products, it said on Friday, in a bid to shield the EU from cheap imports, principally from Asia. The move will benefit Thyssenkrupp’s steel unit TKMS and Poland’s Stalprodukt SA, among the last European producers of electrical steel, which is used in wind turbines and power grids. To keep production in Europe going, the EU will establish ‘safeguards’ in the form of quotas for grain-oriented electrical steel (GOES), as well as laminations and transformer cores containing the metal. For the steel itself, the minimum price will be set between €2,800 and €3,400 per metric ton within the quotas and at €3,500 per ton for volumes above them. The European Commission launched an investigation into safeguards for GOES in March. The measures to apply from September 25 are provisional, while the investigation continues. Definitive measures, at the end of the investigation, would require a qualified majority of EU members to be imposed. Electrical steel was not covered by broader measures imposed earlier this year to protect Europe’s struggling steel sector, which has come under intense pressure from low-cost competition, including from China. Thyssenkrupp last year announced temporary production stops at its electrical steel sites in Germany and France as a result of rivals selling excess capacity on the European markets at what sources have said are 25percent discounts. Brussels’ move comes as the continent’s industry is increasingly calling for better protection against China, the EU’s second-largest trading partner after the United States, with automotive, chemicals and steel firms all facing pressure. Imports of electrical steel from China, Japan, Russia, South Korea and the United States have been subject to anti-dumping measures, also in the form of minimum import prices, since 2015. The new minimum prices, while not strictly comparable, are significantly higher than those already in place. They will also apply to downstream products. China represented more than 50percent of EU imports of the steel and its downstream products in 2025. [...]

Aramco to boost Gulf exports to 60m barrels
September 19, 2026 9:22
Aramco to boost Gulf exports to 60m barrels

SINGAPORE/NEW DELHI: Saudi Arabia has sold about 60 million barrels of crude from its Gulf port of Ras Tanura inside the Strait of Hormuz for loading via ship-to-ship transfer at the Omani port of Sohar this month and next, multiple trade sources said on Friday. The rebound in state oil company Saudi Aramco’s exports from inside the Gulf to 1 million to 1.5 million barrels per day on average, similar to or slightly higher than August’s levels, has cooled global oil prices as it could make up for some of the volume lost at its Red Sea port of Yanbu, where exports slowed after the East-West pipeline was attacked. Chinese and South Korean refiners are among the top buyers of the spot supplies, while some volumes will be going to India and Japan, said the sources, who spoke on condition of anonymity. Saudi Aramco did not immediately respond to a request for comment outside of office hours. Global oil futures fell more than USD1 a barrel on Friday on reports that Saudi Arabia was seeking to return about half the capacity of the East-West pipeline within days and the nation was offering more crude cargoes to Asian refiners through ship-to-ship transfers off Sohar. The increased Gulf exports are a boon for buyers in Asia, the main market for Saudi Arabian crude although supertanker freight rates have also hit a record this week. The freight rate to charter a very large crude carrier to load 2 million barrels of oil in early October from Fujairah to Asia hit 800 Worldscale rate, according to a shipbroking firm. On Friday, the Petroleum Association of Japan said the country’s oil refiners have secured sufficient crude supplies through November, pointing to the ship-to-ship transfers occurring outside the Strait of Hormuz. “In some cases, oil passes through the Strait of Hormuz at Saudi Arabia’s risk before being transferred to us outside the Gulf. For that reason, supplies from Saudi Arabia have not ceased entirely,” PAJ President Shunichi Kito said in Tokyo. [...]

Canada optimistic about concluding trade talks with India by year-end, minister says
September 19, 2026 1:40
Canada optimistic about concluding trade talks with India by year-end, minister says

MUMBAI: Canada is optimistic about concluding negotiations on a comprehensive economic partnership agreement (CEPA) with India by year-end, the country’s minister for international trade said on Saturday. Canadian Prime Minister Mark Carney had previously said during a trip to New Delhi in March that the two countries would aim to agree a free trade pact by the end of the year. “I’m feeling very, very optimistic and energetic that we can get it done in the coming months,” Canadian Trade Minister Maninder Sidhu told Reuters in an interview during a visit to India’s financial capital Mumbai. Indian trade negotiators are expected to be in Canada next month and leaders from the two countries are likely to meet on the sidelines of the G-20 gathering in December, Sidhu said. One main area of discussion is the energy sector. A Shell-led LNG export facility launched in Canada last year and the country has five more projects in various phases of development. “We’re having conversations with Indian firms on how they can access those projects, but also how they can invest and secure supply in those projects,” Sidhu said, declining to share further details. Beyond liquefied natural gas, both countries are looking to expand cooperation in nuclear energy, where India is looking to significantly boost capacity. “Canada has a long history in the nuclear industry, and I do see a lot of benefit for Canadian companies and industries to help build up a supply chain here in India,” Sidhu said. Sidhu said, without giving any further details, that a number of large Indian business houses from Reliance Industries to Mahindra and Mahindra and the JSW Group are exploring investments in critical mineral projects in Canada as a way to secure supply chains. Companies are looking at ways to make co-investments as supply chains are getting weaponised, he said. [...]

CCP fines edible oil tanker owners’ body Rs60mn for cartelisation
September 19, 2026 12:56
CCP fines edible oil tanker owners’ body Rs60mn for cartelisation

The Competition Commission of Pakistan (CCP) has imposed a Rs60 million penalty on the All Pakistan Edible Oil Tanker Owners Association (APEOTOA) for fixing transportation charges and allocating business among tanker owners through a restrictive queue system. The commission said the practices violated Section 4 of the Competition Act, 2010, and imposed separate penalties of Rs30 million for price fixing and market allocation. The case arose from CCP market surveillance, which detected circulars fixing transportation charges for edible oil, ghee and fats transported from Karachi ports to destinations across the country. The commission initiated a suo motu enquiry in August 2024 and conducted a search and inspection in February 2025. According to the CCP, material recovered during the search showed that APEOTOA revised transportation rates 89 times between 2019 and 2025, including 52 increases and 37 decreases. Matching rate changes were communicated through circulars issued by the Pakistan Vanaspati Manufacturers Association (PVMA). APEOTOA representatives also acknowledged that transportation rates were determined through an agreement between the two associations, the commission said. The CCP rejected APEOTOA’s contention that its rate circulars were merely advisory, stating that even non-binding recommendations by a trade association can restrict competition if they influence members’ independent commercial decisions. The commission also cited the Supreme Court’s judgment in the PVMA case, under which competitors are required to retain the freedom to independently determine their prices. The commission separately found that APEOTOA’s queue system allocated consignments among tanker owners instead of allowing independent competition for business. The association issued “parchis” for lifting consignments and enforced compliance with the system. A September 2023 circular prescribed a Rs500,000 fine each for a tanker and its owner for violating specified allocation conditions, the CCP said. The commission identified the relevant market as road transportation services for edible oil, ghee and fats across Pakistan. In assessing the penalty, the commission considered APEOTOA’s substantial market position, the nearly six-year duration of the pricing conduct, senior management involvement, and continuation of rate revisions even after enforcement proceedings commenced. APEOTOA has also been directed to immediately cease the anti-competitive practices, recall existing price circulars and discontinue the queue system having the effect of dividing the market. It must publish notices in two Urdu and two English national newspapers clarifying that tanker owners are free to independently determine transportation rates and lift consignments irrespective of association membership. The penalty must be deposited and compliance reported within 60 days. Failure to comply may attract an additional penalty of Rs 50,000 per day and possible criminal proceedings under Section 38. [...]

Gold price declines by Rs100 per tola in Pakistan
September 19, 2026 12:25
Gold price declines by Rs100 per tola in Pakistan

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs460,236 after a decline of Rs100 during the day. Similarly, 10-gram gold was sold at Rs394,578 after it fell by Rs85, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Friday, gold price per tola reached Rs460,336 after an increase of Rs6,900 during the day. The international rate of gold declined by $1 to reach $4,377 per ounce. Meanwhile, the price of silver also decreased by Rs69 to reach Rs7,100 per tola. [...]

SECP disposes of 98% adjudication caseload, imposes Rs4.73bn in penalties
September 19, 2026 8:13
SECP disposes of 98% adjudication caseload, imposes Rs4.73bn in penalties

The Securities and Exchange Commission of Pakistan (SECP) disposed of 98% of its adjudication caseload, issuing decisions in 573 cases and imposing penalties exceeding Rs4.73 billion for violations of the Companies Act and other applicable laws. Following the appointment of SECP Chairman Dr Kabir Ahmed Sidhu, the regulator further strengthened its adjudication function, the SECP said in a statement on Saturday. Of the 969 Adjudication Recommendation Notes available for assessment, 953 were reviewed, while proceedings in 573 cases were concluded through the issuance of reasoned orders. The remaining recommendations for initiating legal proceedings were subsequently processed through strengthened oversight and effective case management, resulting in the clearance of the entire adjudication backlog. The proceedings involved listed, unlisted and private companies, as well as regulated entities including securities brokers, insurance companies and Non-Banking Finance Companies. The violations related to the Companies Act, the Securities Act and other applicable laws and regulatory requirements. The commission also placed particular emphasis on compliance by state-owned enterprises and issued 117 adjudication orders concerning violations of applicable corporate and regulatory requirements by SOEs. Major violations included failure to submit financial statements and statutory information, delays in holding annual general meetings, non-disclosure of mandatory information, breaches of financial-reporting and corporate-governance requirements, and failure to appoint female and independent directors. Chairman SECP Kabir Ahmed Sidhu said the commission was ensuring timely, transparent and evidence-based decisions in all adjudication matters. He said the SECP’s priorities include expeditious disposal of pending proceedings through effective case management, strengthening the rule of law, promoting a culture of regulatory compliance among companies and protecting the interests of investors, particularly minority shareholders. [...]

Govt moves to strengthen IT education standards
September 19, 2026 7:36
Govt moves to strengthen IT education standards

Federal Minister for Economic Affairs and Establishment Senator Ahad Cheema has called for a comprehensive mechanism to address the issue of unaccredited IT institutions, protect students from enrolling in unrecognized programmes and ensure that IT graduates possess internationally competitive skills. Chairing a high-level meeting to review the IT Skills Assessment Test and the accreditation framework for computing education, the minister directed the Ministry of Information Technology to ascertain the number of graduates from unaccredited institutions and examine the extent of the problem, read a statement on Saturday. He emphasised the need for coordinated measures to prevent admissions to institutions and programmes lacking the required accreditation. Cheema directed the concerned authorities to develop a mechanism for identifying unaccredited institutions and ensuring that prospective students have access to reliable information about the accreditation status of universities, affiliated colleges and individual programmes before seeking admission. Reviewing the IT Skills Assessment Test, in which more than 33,000 students from 188 institutions participated, Cheema called for aligning the assessment framework with international standards and the evolving requirements of the technology industry. The minister directed that a comprehensive report be prepared on the performance of participating institutions, including an analysis of competency test results to identify institutions requiring corrective measures. He also called for examining discrepancies between academic qualifications and practical competencies, particularly in cases where students successfully complete degree requirements but fail the skills assessment, or pass the assessment despite not completing their degrees. Such cases, he observed, require a thorough examination of academic standards, assessment methodologies and the alignment of university curricula with industry requirements. Cheema stressed the need for stronger industry-academia collaboration to ensure that IT education translates into employable skills and meaningful job opportunities. He directed the concerned authorities to engage the Pakistan Software Houses Association (P@SHA) and other industry stakeholders to align competency assessments, professional certifications and academic programmes with the actual requirements of the IT sector. The meeting also discussed the proposed introduction of mandatory competency assessments at different stages of academic programmes. The minister directed that the implications of the proposal, particularly for students and educational institutions, be carefully examined before any decision is finalised. Reviewing the existing accreditation framework, the minister called for enhanced coordination among the Higher Education Commission (HEC), the National Computing Education Accreditation Council (NCEAC), the Ministry of Information Technology and relevant federal and provincial authorities. He directed that provincial higher education authorities be brought on board and relevant education secretaries be engaged to develop a coordinated approach to institutional accreditation and quality assurance. He called for an assessment of existing awareness initiatives, including their reach and engagement on social media, to determine whether prospective students are receiving the necessary information. The meeting reviewed the participation and performance of various institutions, including Virtual University, and discussed the need for closer scrutiny of assessment results and institutional performance. Cheema directed that institutions be provided with a structured mechanism to identify weaknesses in their academic programmes and undertake necessary improvements. He emphasised that the objective of the initiative must be to establish a credible, transparent and industry-responsive skills assessment framework that improves the quality of IT education, safeguards students’ interests and enhances the employability of Pakistani graduates. The minister directed the concerned authorities to submit a comprehensive follow-up report covering accreditation issues, institutional performance, assessment quality, student awareness and proposed corrective measures. [...]

Two dead in Moscow region, drones hit oil refinery in Russian capital
September 20, 2026 6:18
Two dead in Moscow region, drones hit oil refinery in Russian capital

MOSCOW: Two people died ‌in one of the biggest Ukrainian drone attacks on the Moscow region and an oil refinery in Russia’s capital was hit, authorities said on Sunday, as Russia enters the final day ​of parliamentary elections. Ukraine and Russia have continued attacks on each other’s energy infrastructure despite ​an announcement by US President Donald Trump on Monday that they had agreed ⁠to stop. Moscow Mayor Sergei Sobyanin said on his Telegram channel that the biggest ​Ukrainian drone attacks had been thwarted, with Russia downing more than 1,600 drones since ​Saturday, including 450 headed for Moscow. Several drones reached the premises of the oil refinery and one hit an apartment, Sobyanin said, adding there were no casualties in the city. “The unprecedented attack ​was clearly planned with the aim of disrupting the elections,” he said. “The adversary ​failed to achieve this.” Reuters witnesses heard blasts in Moscow and saw plumes of smoke billowing from ‌the ⁠site of the Moscow refinery. The scale of any damage to the facility was not immediately known. Ukrainian strikes have knocked out a significant part of Russia’s oil refining capacity, triggering oil product shortages, fuel price increases and long queues at filling ​stations in many regions ​across the country’s ⁠11 time zones. Russian strikes injure 18 across Ukraine, officials say The Moscow plant, which has been targeted multiple times, processed 11.6 million metric tons of oil in 2024, producing ​2.9 million tons of gasoline and 3.2 million tons of ​diesel, the ⁠latest available data shows. Ukraine has not commented on the attacks. Both sides say they do not target civilians. In the wider Moscow region, in addition to the two deaths, ⁠400 ​people, including 70 children, were evacuated from a 21-storey ​apartment block in the Ramenskoye district and a number of homes were damaged, said Governor Andrei Vorobyov. [...]

Venezuela leader Rodriguez signs agreement with French Oil Company Total Energies
September 20, 2026 6:12
Venezuela leader Rodriguez signs agreement with French Oil Company Total Energies

CARACAS: Venezuela Interim President Delcy ​Rodriguez on Saturday ‌signed a memorandum of understanding ​with French oil ​and gas company ⁠Total Energies, according ​to local media. It ​was the latest of a flurry of ​oil deals ​signed between multinational oil companies ‌and ⁠Venezuela’s new government, following the US’s toppling of ​former ​president ⁠Nicolas Maduro in January. Venezuela nears deal to move USD4bn gold reserve to New York, FT says No ​details about ​the ⁠deal with Total Energy were immediately ⁠available. [...]

Apple's Tim Cook sees Australia's social media curbs as 'world-leading', PM says
September 20, 2026 6:07
Apple's Tim Cook sees Australia's social media curbs as 'world-leading', PM says

SYDNEY: Apple Executive Chair Tim Cook views the Australian government’s pioneering curbs on ​social media as “world-leading”, Prime Minister Anthony Albanese said on Sunday after ‌meeting with Cook at the company’s US headquarters. “Tim Cook gave us a lot of time this morning. He regards the work that we’ve done on social media to ​be world-leading,” Albanese said in remarks from Apple Park, California, televised ​in Australia on Sunday. Australia this month took the next step in its ⁠push to improve online safety with a plan to give social media ​users the option to select the content they see on their feeds. In December ​Australia became the first country to ban social media for children under 16. Other governments have followed this year, with the European Commission the latest to propose such a ​ban for children under 13. Australia social media ban hits 4.7 million teen accounts in first month Asked for comment on Albanese’s remarks, an Apple ​spokesperson referred to a post by Cook on X, saying he was grateful to share ‌with ⁠Albanese “some of our newest innovations, including strong and intuitive controls to help keep kids safe online”. Cook recently stepped down as Apple CEO after 15 years in the role. Albanese’s visit to the US comes as industry leaders there ​are split over how fast ​companies should develop ⁠the increasingly powerful technology, and as an AI safety debate roils Silicon Valley. Albanese said AI entails risks that must be ​mitigated. Apple shows off iPhone 18 Pro at start of event “There is a need for a discussion about what ​the global ⁠framework is for the roll out of AI, because it is moving very quickly, and we need to make sure that humans remain in control,” he ⁠told ​reporters, according to an official transcript. The Australian leader’s ​comments contrast with the position of President Donald Trump, who has downplayed concerns about AI and argued that ​additional regulation is unnecessary. [...]

Merz under pressure as two more German states go to the polls
September 20, 2026 5:53
Merz under pressure as two more German states go to the polls

BERLIN: German voters go to the polls on Sunday in two state elections ​that look likely to heap more pressure on struggling Chancellor Friedrich Merz, whose future has been in the balance since the far right’s triumph ‌in another regional vote this month. The elections in Mecklenburg-Western Pomerania, a largely rural state in the formerly communist east, and the capital Berlin follow the September 6 election in Saxony-Anhalt, where the far-right Alternative for Germany (AfD) came close to the rare feat of winning an absolute majority. Regional elections would not usually draw much interest outside Germany, but the AfD’s success in Saxony-Anhalt, which it sees as the ​first step towards winning federal elections due in 2029, has sent shock waves through Europe. In just over a decade, the party, which wants to take tough ​action to deport foreigners with no right to stay in Germany, restore energy ties with Russia and quit the euro, has ⁠transformed itself from a fringe eurosceptic movement to the country’s most popular party. Opinion polls indicate it is unlikely to repeat its victory in Saxony-Anhalt in either of Sunday’s ​votes. But they are both expected to underscore the huge advances it has made in recent years and raise fresh questions over the so-called “firewall” strategy, under which the other ​main parties refuse to enter coalition agreements with it. For Merz, whose approval ratings have plunged as low as 14%, according to the latest polls, the result was the latest in a series of blows that have raised growing doubts in his own conservative Christian Democratic Union party about whether he can continue to lead. In Mecklenburg-Western Pomerania, the CDU looks likely to suffer its worst-ever election ​result, with the most recent opinion poll by the Forschungsgruppe Wahlen on Friday putting it at just 6% and at risk of failing to clear the minimum threshold ​to enter the state parliament. Merz has struggled Elected last year on a promise of ambitious reforms to return Germany’s stagnant economy to growth, Merz has struggled to win over sceptical voters, compounding resentment ‌over unpopular ⁠pension, tax and healthcare reforms with a stream of gaffes and communication missteps. For the moment at least, senior figures in the CDU have rallied behind him, aware that replacing the chancellor - which would in any case be difficult on constitutional grounds - would leave any successor facing the same deep economic problems. But disillusion with his government has hung over the campaigns in both Mecklenburg-Western Pomerania and Berlin, where voters have focused on issues including soaring energy and housing costs. Surging fuel prices, felt acutely in a state like Mecklenburg-Western Pomerania ​where many rely on cars for transport, ​have put pressure on Merz to ⁠agree relief measures with his Social Democrat coalition partners. On Friday, he presented a relief package that included tax cuts on gas and diesel. In the rural state, polls have shown the race narrowing over recent weeks as the centre-left Social Democrats (SPD) have centred their campaign ​around popular state premier Manuela Schwesig. The Wahlen poll on Friday showed the SPD edging in front of the AfD for the ​first time in months. The ⁠poll put the SPD on 37%, the AfD on 36%, the far-left Left Party on 9% and the environmental Greens on 5%, just at the threshold for entering parliament. Both parties would be potential coalition partners for Schwesig. In Berlin, the Wahlen poll showed the far-left Left Party moving ahead of the CDU, threatening the conservative hold on the mayor’s office ⁠in a campaign ​that has focused heavily on housing affordability. Even in liberal Berlin, however, the AfD has made strong ​gains, moving into third place. The latest poll puts the Left Party on 22%, the CDU on 20%, the Greens on 15% and the SPD on 12%. The AfD sits on 18%, while the far-left BSW, ​the only party that has said it might agree to work with the AfD, is just under the parliamentary threshold on 4%. [...]

US says it killed four in strike on vessel in the Caribbean
September 20, 2026 5:50
US says it killed four in strike on vessel in the Caribbean

The US military said it ​killed four people in ‌a strike on a vessel in the Caribbean on Saturday ​that it alleged was ​involved in drug trafficking. “Confirmed intelligence ⁠revealed the vessel’s active involvement ​in narco-trafficking,” the military’s ​Southern Command posted on X. The attack was the latest in a campaign ​dating back to last ​year that targets what the Trump ‌administration ⁠describes as “narco-terrorists.” US military says it struck vessel in Caribbean, killing two Saturday’s announcement comes 10 days after a strike, also in the Caribbean, that ​killed ​three ⁠people, the US military said. Since the campaign started, ​US strikes on ​vessels ⁠in the Caribbean and Eastern Pacific have killed more than ⁠220 ​people. Rights groups ​have labeled the attacks “extrajudicial killings.” [...]

US Treasury's Bessent, China's He to launch talks on AI, trade, critical minerals
September 20, 2026 5:35
US Treasury's Bessent, China's He to launch talks on AI, trade, critical minerals

NEW YORK: US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet on Sunday to try to tee up potential agreements on AI, tariffs and critical minerals for ​a high-stakes Washington summit this week between US President Donald Trump and Chinese President Xi Jinping. The meetings at JP Morgan Chase’s headquarters in Manhattan, which also will include ‌US Trade Representative Jamieson Greer, are due to start at about 10:30 a.m. (1430 GMT) and are expected to run all day. Key topics will be the status of a US-China trade truce that is set to expire on November 10, flows of Chinese rare-earth magnets and critical minerals that US officials say are insufficient and potential guard rails for artificial intelligence after reports of key security breaches involving AI models. The most likely outcome, analysts say, would be for Washington and Beijing to ​agree on small steps to show they are continuing to avoid escalating tensions in a delicate trade relationship that has major consequences for the global economy. “I think there will be some show ​of deliverables because of the fact that it’s a presidential summit coming, but I don’t feel like we’re on the verge of some sort of ⁠breakthrough,” said Anna Ashton, a longtime China trade analyst and founder of Ashton Intelligence. “I think status quo is probably both sides’ general best expectation.” Many of the issues that He, Bessent and Greer will have to ​work through for Trump and Xi are holdovers from the two leaders’ meeting in Beijing in May, including an effort on both sides to cut tariffs on non-strategic goods and Chinese pledges to increase purchases of ​US agricultural goods by $17 billion a year and to purchase more than 200 Boeing aircraft. The Bessent-He-Greer meeting follows a pattern set over the past 16 months, in which the three officials met in European and Asian cities to tee up potential agreements for Trump and Xi. These efforts included the November 2025 truce reached in Busan, South Korea, which capped US tariffs imposed during Trump’s second term in office at about 20% on Chinese goods after tit-for-tat escalation had brought ​them to triple-digit levels on both sides. The US Supreme Court later struck down the Trump tariffs that were invoked under a national emergencies law, including duties related to fentanyl trafficking. An emboldened India holds out for better terms in US trade talks Trump’s administration has been rebuilding them ​under new authorities, including restoring a 12.5% tariff on Chinese goods over forced labor allegations. It is finalizing a separate tariff investigation aimed at curbing excess industrial capacity that it says is rampant in China. Under that truce, China ‌promised to restore ⁠the flow of critical minerals to US and global users. However, a senior US official told reporters on Friday that China’s performance on that front “has not been up to par” and would be a topic for discussion ahead of the Trump-Xi summit. New talks on AI The Bessent-He discussions on AI are significant because the US and China are the two major forces driving development of advanced AI tools and the global adoption of the technology. Rare earths play a crucial role in the manufacturing of advanced semiconductor technology powering AI. Bessent said on Friday he expects the discussions to cover “both open- and closed-weight models.” Open-weight models are AI systems ​with publicly accessible core elements where users can download ​and fine-tune them for specific tasks. Chinese open-weight models ⁠are becoming more popular with US companies because they can be cheaper than closed-weight AI tools such as those developed by Anthropic, OpenAI and other US companies. “The United States remains the leader in AI. And we are open to discussions on avoiding shared risks and avoiding bifurcation of our two systems,” Bessent ​said in a statement regarding the China talks. Bessent has called for the US and China to agree on AI “guard rails” aimed at keeping powerful models ​out of the hands of ⁠malign non-state actors. Tariff reductions, investment The US and China also agreed in May to launch discussions to reduce tariffs for non-strategic goods under a so-called “Board of Trade” mechanism along with a similar forum to deal with specific investment issues. While the Trump administration has tightened restrictions on US companies investing in some industries in China, Reuters reported on Friday that it is working on rules that would likely allow US pharmaceutical firms to invest in promising Chinese ⁠drugs and strike ​licensing deals for them. US imposes 25% tariff on some imports from Brazil China’s Ministry of Commerce said on Saturday that He would also lead a delegation of Chinese companies ​to the US that would participate in economic and trade consultations ahead of the summit. The business delegation, which mirrors a group of US CEOs that Trump brought to Beijing in May, was announced as Trump expressed openness to Chinese automakers building US factories. US auto ​industry groups on Friday urged Trump to maintain an effective ban on Chinese vehicle sales in the US on national security grounds. [...]

Flames, smoke seen near Riyadh airport; Houthis claim attacks on Saudi capital
September 20, 2026 5:26
Flames, smoke seen near Riyadh airport; Houthis claim attacks on Saudi capital

RIYADH: Yemen’s Houthis said they attacked “sensitive” sites in the Saudi capital Riyadh on Saturday with missiles and drones, hours after flames and a large ​plume of smoke were seen near the city’s main airport. Saudi Arabia had sent alerts overnight warning of potential danger around Riyadh, amid an escalation in attacks ‌by the Houthis in the kingdom. Dar stresses need for uninterrupted energy supplies amid regional tensions Reuters video and photographs showed a huge pillar of black smoke rising in the area, with the airport highway, main terminal building and other facilities in the foreground. At one point in the video, flames were visible rising from behind what appeared to be fuel tanks. While the Iranian-backed Houthis have launched repeated attacks against Saudi Arabia since July, Saturday’s claim appeared to be their first reported strike on Riyadh since ​the current escalation began. Yemen’s Houthis close in on Bab el-Mandeb Strait in new threat to shipping The Houthis did not specify what they had targeted in Riyadh, but said they had also attacked an Aramco facility in the Red Sea city of ​Yanbu, a key Saudi oil export hub. They said the operation came as a response to an attack in the Yemeni capital Sanaa. The Saudi-led military ⁠coalition fighting the Houthis said its air defences had destroyed a missile fired by the Yemeni group toward Riyadh early on Saturday. In a statement, the coalition also said it had foiled ​attacks targeting civilians in the Saudi cities of Bish and Farasan in the southwest and Taif in the west, as well as Yanbu on the Red Sea coast. It did not say whether ​there was any damage. Saudi civil defence sent the alerts by phone overnight for potential danger of aerial attacks in Riyadh and the city of Al-Kharj east of the capital, before issuing an all-clear on Saturday morning. A Reuters journalist in Riyadh’s Olaya area heard booms before the all-clear was sent. Saudi civil defence sends all-clear after alerts issued for capital Riyadh Although some alerts had been issued in Riyadh this year after the start of the US-Iran war, these were the first since the escalation with the ​Houthis began in July. The fighting between the Houthis and Saudi Arabia has developed as a new theatre of conflict in the wider war that began with US and Israeli strikes against Iran ​at the end of February. US President Donald Trump has rebuffed Saudi requests for direct US military intervention against the Houthis. A US State Department security alert issued on Saturday for Americans in the Middle East ‌cited Houthi attacks. ⁠The State Department urged US citizens in the region to “exercise heightened vigilance” and that Americans outside the Middle East “should seriously reconsider travel to and through the region.” Houthi warning The Houthis, who control the most populous parts of Yemen and much of the north, have been launching attacks against Saudi Arabia since declaring a naval blockade against Riyadh in July, with strikes targeting Saudi vessels in the Red Sea. The attacks have targeted Saudi cities, energy infrastructure and shipping, creating new threats to global oil supplies and putting at risk the main alternative Red Sea route for Gulf exports while traffic through the Strait of Hormuz ​remains blockaded. Turkish Foreign Minister Hakan Fidan said Saudi ​Arabia may have military needs due to ⁠the ongoing Houthi attacks and Turkey was ready to help under a trilateral defence pact that also includes Pakistan. It was unclear what kind of support Turkey might provide but Fidan, in an interview with broadcaster NTV, said Saudi needs could include “some technical issues.” The trilateral agreement signed last month stipulates ​that an armed attack on any of the three countries would be regarded as an attack on all of them. Mohsen Rezaei, secretary ​of Iran’s Supreme National Security ⁠Council, told Al Jazeera in an interview aired on Saturday that Tehran wanted the war between Saudi Arabia and the Houthis to end, adding that he believed Yemenis also wanted a settlement with Saudi Arabia. Rezaei also said Iran had conveyed its conditions to mediators for re-engaging in stalled negotiations with the United States, including “ending the war on all fronts”. Consultations were continuing with Qatari and Pakistani mediators and Tehran was awaiting ⁠a response ​from Trump, Rezaei said. Flames, smoke seen near Riyadh airport after Saudi warning of aerial attack threa The UN Security Council in a statement on Friday “condemned in the strongest terms continued Houthi attacks ​against the Kingdom of Saudi Arabia, including attacks impacting civilian and energy infrastructure, which have resulted in the injury of civilians, including women and children.” In the statement, the Security Council also condemned “Houthi military escalation in Yemen”. [...]

Macron, Carney to meet in French Atlantic archipelago in signal to Trump
September 20, 2026 4:56
Macron, Carney to meet in French Atlantic archipelago in signal to Trump

UNITED NATIONS: President Emmanuel Macron visits the French territory of Saint Pierre and Miquelon on Sunday, where he is due to meet Canadian Prime Minister Mark ​Carney, weeks after U.S. President Donald Trump posted an image on social ‌media showing the archipelago covered by the American flag. Macron’s visit, the first by a French president since Francois Hollande travelled there in 2014, comes as Canada seeks to deepen ties with the European ​Union amid trade tensions with the United States and a deterioration in ​relations with Washington under Trump. Located off Canada’s Atlantic coast, Saint Pierre and ⁠Miquelon is France’s only remaining territory in North America. French officials said the ​trip would underscore France’s sovereignty over the archipelago and highlight its close relationship with Canada. “For ​a territory of 5,800 inhabitants, it is rare to find so many issues that are important for France as a whole concentrated in a place of this size: France’s geostrategic presence in the ​North Atlantic, at the doorstep of the United States and the Arctic, maritime ​sovereignty, adaptation to climate change; and cooperation with Canada,” a French presidency official told reporters. France agrees to accelerate air defence deliveries to Ukraine, Zelenskiy says Diplomats said the ‌visit, ⁠which Macron was undertaking on his way to the annual United Nations General Assembly gathering of world leaders, would also carry symbolic weight after Trump posted a map depicting the United States, Canada, Greenland, Iceland, Mexico, Central America and the Caribbean draped in ​the U.S. flag ​and labelled “United States of ⁠America”. The image included Saint Pierre and Miquelon and several French Caribbean territories. France chose not to publicly respond to the post at ​the time. Macron and Carney are expected to discuss the energy crisis ​and Canada’s ⁠increasingly close relationship with the European Union after the bloc opened the door to Ottawa becoming its first associate member. Any move towards deeper integration is likely to face hurdles. ⁠More than ​a decade after the EU and Canada agreed ​the Comprehensive Economic and Trade Agreement (CETA), and nine years after its provisional application began, several EU member states ​have yet to ratify the accord, including France. [...]

Malaysian ex-PM Najib working on conditions to start house arrest, his lawyers say
September 20, 2026 4:52
Malaysian ex-PM Najib working on conditions to start house arrest, his lawyers say

SINGAPORE: Malaysia’s jailed former prime minister, Najib Razak, is working to fulfil the conditions to leave jail and begin his house arrest, including ​paying a 50-million-ringgit ($12-million) fine, his lawyers said on Sunday. Najib’s ability to ‌satisfy the condition “do not lie in his own hands” as a significant part of his assets, bank accounts and properties remain subject to freeze orders and enforcement proceedings ​by the government, the lawyers said in a statement. Najib, prime ​minister from 2009 to 2018, was found guilty of corruption in ⁠relation to the embezzlement of billions of dollars tied to 1Malaysia Development ​Berhad, a state investment fund he co-founded while in power. He has consistently ​denied wrongdoing. Malaysian king allows jailed ex-PM Najib Razak to serve term under house arrest Malaysia’s king agreed on Friday to let Najib Razak leave jail and serve the remainder of his sentence under house arrest. It was the second royal pardon ​over his conviction for his involvement in a multi-billion-dollar financial scandal. Malaysia’s Prisons ​Department said in a statement on Sunday that it and the home affairs ministry ‌were ⁠waiting for official written confirmation of the pardon before taking any action. By law, the home affairs minister has the power to gazette any premises as a prison, which could be used to designate Najib’s home as a ​place to serve ​his sentence. Najib has ⁠been “deeply moved” by the support he has received from the public, the lawyers said. The president of Najib’s UMNO party, ​Ahmad Zahid Hamidi, said on Friday that a collection ​fund would ⁠be launched for party members and supporters to help Najib pay for the fine. The party had raised almost 1 million ringgit by Saturday noon, ⁠local ​media reported. Prime Minister Anwar Ibrahim’s multi-party government, which ​includes the DAP as well as Najib’s UMNO, has seen growing rifts over the government’s ​response to issues of corruption. [...]

Zikria elected ICCI President
September 19, 2026 9:22
Zikria elected ICCI President

ISLAMABAD: Mohammad Zikria Akbar Zia was elected President of the Islamabad Chamber of Commerce and Industry (ICCI) for the new term, while Mohammad Ashfaq Hussain Chattah and Mohammad Waqas Khan were elected Senior Vice President and Vice President, respectively. The announcement was made here on Saturday by the ICCI Election Commission, said a press release issued by the ICCI here on Saturday. The formal confirmation of the election results will be made at the Annual General Meeting (AGM) scheduled for September 30, 2026. [...]

KP CM visits Kohat, meets families of martyred police personnel
September 19, 2026 9:22
KP CM visits Kohat, meets families of martyred police personnel

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Muhammad Sohail Afridi, during his visit to Kohat, met the families of the police personnel and civilians martyred in the terrorist attack on the Police Lines and paid tribute to the police, Counter Terrorism Department (CTD), Special Branch, Rescue 1122, doctors, district administration and the people of Kohat for their courage and resilience. The Chief Minister said that the manner in which the security personnel and other responders confronted the terrorists during an operation lasting nearly 20 hours was highly commendable. He said the police personnel and civilians who lost their lives while confronting the terrorists had made the ultimate sacrifice for the protection of the nation and the country. He prayed for the elevation of the martyrs’ ranks in the Jannah, patience for their bereaved families and early recovery for all those injured in the attack. The Chief Minister said Khyber Pakhtunkhwa has been fighting terrorism continuously since 2004, spanning nearly 22 years, during which the province had lost more than 80,000 precious lives. He said that after immense sacrifices, peace had eventually been achieved in the province, during the tenure of Imran Khan. He said Pakistan’s foreign policy during that period was pursued with the interests of the people and the country as its primary consideration. He said that despite the presence of an India-friendly government in Afghanistan whose relations with Pakistan were not cordial, Imran Khan played a statesmanlike role, invited the Afghan government to Pakistan and developed better relations with Afghanistan. During that period, peace prevailed and terrorism had largely subsided. The Chief Minister said the situation had now taken a different course. He said that the government that came to power in Afghanistan was welcomed with celebrations by the sitting bogus and imposed rulers in Pakistan, and they even drank cups of tea with them, but what is the situation today? Our trade has been disrupted, the border has been closed, economic activities in the tribal districts have come to a standstill, and terrorism in Khyber Pakhtunkhwa has increased and continues to rise. He said the closure of the border had caused Khyber Pakhtunkhwa losses of more than Rs8 billion during the previous financial year, while the province is likely to face further economic losses during the current financial year. The Chief Minister said the deteriorating security situation is a consequence of a failed foreign policy. He said that the same policy has been implemented for the past 22 years, but it has not proved effective. If a policy is not delivering results and is continuously failing, there is a need to shift the policy. The Chief Minister said that the policy being proposed by the Pakistan Tehreek-e-Insaf-led Khyber Pakhtunkhwa government is not intended to serve the interests of Pakistan Tehreek-e-Insaf, but to safeguard the interests of the people of Khyber Pakhtunkhwa as well as the people of Pakistan. He said that, if implemented, the policy can deliver peace within 100 days. The Chief Minister said that, unfortunately, the federal government and state institutions remain focused on restricting the political activities of Pakistan Tehreek-e-Insaf instead of addressing the growing threat of terrorism. He said that the people and police of Khyber Pakhtunkhwa continue to bear the immense burden of the fight against terrorism. Police personnel remain on the frontline, fighting, sustaining injuries and laying down their lives, while innocent citizens, with no crime or wrongdoing to their name, continue to be killed and injured. Despite these sacrifices, the people of the province continue to be viewed in this manner, which is deeply regrettable. Referring to the prevailing state narrative, Chief Minister Sohail Afridi said that those imposed on the people are calling them terrorists while claiming that there is no threat from India. Referring to “Fitna-tul-Hindustan,” he said that the bogus Chief Minister of Punjab claims that she faces no threat from India, but rather from three provinces of Pakistan. He said that the federal government and institutions remain focused on suppressing PTI’s political activity, rather than addressing the challenge of terrorism. He said that the PTI flag is not being allowed to be raised, a Chief Minister from one province is not being allowed to conduct political activities in another province, public gatherings and protests are being prevented, slogans in support of Imran Khan are not being allowed, and the PTI agenda is not being permitted to be presented publicly. The Chief Minister said that while the federal government and institutions remain focused on such matters, there is little concern for the people who are making sacrifices on the frontline. He said that if India is not considered a threat while the three provinces are being viewed as a threat, this is deeply regrettable for a province and its people that have made enormous sacrifices for Pakistan. Addressing the youth, people and police of Khyber Pakhtunkhwa, he said that no one else would come to stand with them and that they must stand up for themselves, their people, their province and Pakistan. He urged them to remain steadfast and keep their morale high, noting that the people and police of the province have continued to fight terrorism with courage and determination for the past 22 years without allowing their resolve to break. The Chief Minister announced that financial assistance would also be provided to the families of those martyred in the incident who do not fall within the scope of the government’s Shuhada Package. Announcing the provision of modern medical equipment at District Headquarters Hospital Kohat, he said that the shortage of CT scan, MRI and other essential modern medical equipment would be addressed. He said that the revamping of all District Headquarters Hospitals across Khyber Pakhtunkhwa is underway and that modern medical equipment would be provided wherever required. The Chief Minister announced the reconstruction of the mosque affected in the Kohat incident and said that it would be rebuilt to the highest standard. He also announced the establishment of a police station for the Special Branch in Kohat and said that the project would be completed at the earliest. He directed that the Kohat Police Hospital also be improved and provided with the necessary facilities. The Chief Minister said that the healthcare burden on Kohat is substantial and that a 1,000-bed hospital has already been announced for the district. He said that the project would be fully funded by the provincial government and efforts would be made to complete it within a record period of approximately six months. The Chief Minister also took note of the shortage of police personnel and said that the matter would be taken up in the provincial cabinet and the necessary decision would be made. Earlier, the Chief Minister visited District Headquarters Hospital Kohat, met the injured persons undergoing treatment following the blast and expressed his best wishes for their speedy recovery. Member of the National Assembly Shehryar Afridi, Provincial Ministers Shafi Jan and Aftab Alam, and Member of the Provincial Assembly Dawood Afridi were also present on the occasion. Copyright Business Recorder, 2026 [...]

Provinces ‘misusing’ 18th amendment, claims Qaiser
September 19, 2026 9:22
Provinces ‘misusing’ 18th amendment, claims Qaiser

KARACHI: Federal Minister for Board of Investment Qaiser Ahmed Sheikh has claimed that the provinces are misusing the 18th Amendment and none of them have devolved powers to the grassroots level. Addressing a press conference at the Karachi Press Club on Saturday, the federal minister said that no government in the country has been able to increase exports. He said that currently 110 to 120 million people in the country have fallen below the poverty line. He alleged that all chief ministers are misusing the 18th Amendment and after getting powers under the amendment, the provinces have not transferred them to the lower level. Sheikh said the situation in Sindh and Punjab is similar, adding that over the last 27 years, different political parties got a chance to govern, but the country could not progress. He also criticized the bureaucratic system, saying that after political governments come to power, bureaucrats form their own groups, and their training is limited to finding faults in projects instead of facilitating them. The federal minister informed that during the past one year, USD2.5 billion in foreign investment has come to Pakistan, and the United States has assured further investment. He said Saudi Arabia intends to invest in the refinery sector while China intends to invest in the minerals sector. Commenting on the economic situation, he said the country is facing many challenges and oil prices are rising. He said his ministry is working to improve regulation and that while Pakistan’s voice is being heard at the diplomatic level, much work needs to be done at the economic level. He noted that India’s defence budget is very high, and praised the work done by Pakistan’s forces. Copyright Business Recorder, 2026 [...]

Switzerland ups 2026 GDP growth forecast
September 19, 2026 9:22
Switzerland ups 2026 GDP growth forecast

SWITZERLAND: The Swiss government on Thursday upped its 2026 economic growth forecast to 1.7percent, citing an exceptionally high growth recorded in the second quarter of the year. Switzerland is traditionally one of Europe’s more resilient economies, with big sectors such as pharmaceuticals less affected by swings in global demand. “In particular, foreign trade is expected to contribute more strongly to this year’s growth than was anticipated in June,” the expert group at the State Secretariat for Economic Affairs (SECO) said in a statement. It still flagged the conflict in the Middle East and higher oil and gas prices as risks to the global economy. The Swiss National Bank is also due to give its latest economic forecasts later in September. SECO confirmed its inflation forecast for the year at 0.6percent, saying it expected it to remain at a similar rate in 2027. [...]

Germany machinery sector to see fourth year of decline
September 19, 2026 9:22
Germany machinery sector to see fourth year of decline

BERLIN: Germany’s machinery and equipment industry is expected to shrink for a fourth consecutive year in 2026, with production forecast to fall 2percent in real terms, the VDMA said on Thursday, cutting its earlier forecast of stagnation. The downgrade reflects weak output this year, with production down 4.1percent in the first seven months from a year earlier, despite signs that demand was improving. However, the sector group said 2027 should mark a turning point, forecasting real production growth of 3percent. “The improved order situation and slightly brighter expectations suggest production will grow again in 2027,” VDMA chief economist Johannes Gernandt said. Price-adjusted orders rose 5percent in the first seven months of 2026, driven by a 14percent increase from non-euro zone countries. Business expectations have also improved. Still, domestic demand remains weak and the recent pickup has yet to spread across the broader machinery sector, limiting the near-term production outlook, the group said. [...]

Canada optimistic about concluding trade talks with India by year-end
September 19, 2026 9:22
Canada optimistic about concluding trade talks with India by year-end

MUMBAI: Canada is optimistic about concluding negotiations on a comprehensive economic partnership agreement (CEPA) with India by year-end, the country’s minister for international trade said on Saturday. Canadian Prime Minister Mark Carney had previously said during a trip to New Delhi in March that the two countries would aim to agree a free trade pact by the end of the year. “I’m feeling very, very optimistic and energetic that we can get it done in the coming months,” Canadian Trade Minister Maninder Sidhu told Reuters in an interview during a visit to India’s financial capital Mumbai. Indian trade negotiators are expected to be in Canada next month and leaders from the two countries are likely to meet on the sidelines of the G-20 gathering in December, Sidhu said. One main area of discussion is the energy sector. A Shell-led LNG export facility launched in Canada last year and the country has five more projects in various phases of development. “We’re having conversations with Indian firms on how they can access those projects, but also how they can invest and secure supply in those projects,” Sidhu said, declining to share further details. Beyond liquefied natural gas, both countries are looking to expand cooperation in nuclear energy, where India is looking to significantly boost capacity. “Canada has a long history in the nuclear industry, and I do see a lot of benefit for Canadian companies and industries to help build up a supply chain here in India,” Sidhu said. Sidhu said, without giving any further details, that a number of large Indian business houses from Reliance Industries to Mahindra and Mahindra and the JSW Group are exploring investments in critical mineral projects in Canada as a way to secure supply chains. Companies are looking at ways to make co-investments as supply chains are getting weaponised, he said. [...]

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

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

27th Amendment empowers FCC to hear all constitutional cases: minister
November 20, 2025 7:59
27th Amendment empowers FCC to hear all constitutional cases: minister

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

JF-17 attracts strong attention at Dubai Airshow as friendly country inks procurement MoU
November 20, 2025 5:25
JF-17 attracts strong attention at Dubai Airshow as friendly country inks procurement MoU

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

US lawmakers laud Punjab govt's initiative to modernise brick-kiln
November 20, 2025 4:39
US lawmakers laud Punjab govt's initiative to modernise brick-kiln

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

Security forces gun down 30 terrorists in multiple IBOs in KP: ISPR
November 20, 2025 4:38
Security forces gun down 30 terrorists in multiple IBOs in KP: ISPR

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

MQM-P calls for new province in Sindh
November 20, 2025 3:56
MQM-P calls for new province in Sindh

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

US report validates Pakistan military edge over India: PM
November 20, 2025 3:55
US report validates Pakistan military edge over India: PM

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

Banned TTP poses serious threat to Pakistan security: UNSC panel
November 20, 2025 10:24
Banned TTP poses serious threat to Pakistan security: UNSC panel

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

CM Afridi clarifies remarks on by-poll after ECP requests army deployment
November 20, 2025 10:01
CM Afridi clarifies remarks on by-poll after ECP requests army deployment

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

Dubai sees 3.2m Pakistani passengers in 2025 as airport sets new milestone
November 20, 2025 6:16
Dubai sees 3.2m Pakistani passengers in 2025 as airport sets new milestone

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

Security forces kill 23 Indian proxy terrorists in KP's Kurram
November 20, 2025 5:08
Security forces kill 23 Indian proxy terrorists in KP's Kurram

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

Pakistan to construct island to boost oil exploration: report
November 19, 2025 6:26
Pakistan to construct island to boost oil exploration: report

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

Russia ready to mediate Pakistan's issues with India, Afghanistan: envoy
November 19, 2025 6:14
Russia ready to mediate Pakistan's issues with India, Afghanistan: envoy

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

Security forces neutralise four terrorists in KP IBOs
November 19, 2025 5:12
Security forces neutralise four terrorists in KP IBOs

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

Reclassification of 41 candidates on reserved seats goes beyond SC mandate: Justice Mandokhail
November 19, 2025 4:38
Reclassification of 41 candidates on reserved seats goes beyond SC mandate: Justice Mandokhail

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

Macron, Carney hold milestone summit in French archipelago amid shifting alliances
September 20, 2026 6:23
Macron, Carney hold milestone summit in French archipelago amid shifting alliances

The joint visit by French President Emmanuel Macron and Canadian Prime Minister Mark Carney to the French North Atlantic archipelago of Saint Pierre and Miquelon serves as a sharply targeted diplomatic statement to Washington.The high-profile trip was scheduled following a social media post by... [...]

Lindsay Clancy trial: Lone holdout juror faces threats, lawyer claims
September 19, 2026 6:51
Lindsay Clancy trial: Lone holdout juror faces threats, lawyer claims

Lindsay Clancy trial: Lone holdout juror faces threats, lawyer claimsThe trial of Lindsay Clancy has become a hot-button issue, with emotions running high on apparently both sides of the aisle.The prime example is Michael P. Desronvil, the lone holdout juror.He disagreed with his fellow jurors... [...]

Greenland, Denmark reaffirm Arctic island's sovereignty after Trump's 'permanent control' claim
September 19, 2026 11:18
Greenland, Denmark reaffirm Arctic island's sovereignty after Trump's 'permanent control' claim

Greenland, Denmark reaffirm Arctic island’s sovereignty after Trump’s ‘permanent control’ claim Denmark and Greenland have clarified the sovereignty position of Arctic island after the US deal in which President Trump remarked that the deal would give Washington... [...]

Putin sends message to Europe amid Ukraine conflict: 'No aggressive intentions'
September 19, 2026 8:37
Putin sends message to Europe amid Ukraine conflict: 'No aggressive intentions'

Putin sends message to Europe amid Ukraine conflict: ‘No aggressive intentions’ Russian President Vladimir Putin has signalled seeking better ties with European countries in the midst of escalating conflict with Ukraine. Speaking at a meeting of the Military-industrial Commission... [...]

Trump signs Russia sanctions bill into law: Is Ukraine peace deal at risk?
September 19, 2026 6:10
Trump signs Russia sanctions bill into law: Is Ukraine peace deal at risk?

Trump signs Russia sanctions bill into law: Is Ukraine peace deal at risk?President Donald Trump signed the Russia sanctions bill into law, thereby boosting economic pressure on Moscow over its invasion of Ukraine; the conflict has been ongoing for more than four years, as confirmed by the White... [...]

Trump claims US gains 'permanent control' over Greenland security in new Arctic deal
September 19, 2026 5:55
Trump claims US gains 'permanent control' over Greenland security in new Arctic deal

The United States, Denmark and Greenland have reached an Arctic security agreement after President Donald Trump repeatedly pushed for US control of the semi-autonomous Danish territory.Trump announced the agreement Friday, describing it as “very important, historic, and special” in a... [...]

UK pushes EU to include British firms in 'Made in Europe' industrial scheme
September 18, 2026 6:20
UK pushes EU to include British firms in 'Made in Europe'  industrial scheme

UK pushes EU to include British firms in 'Made in Europe' industrial schemeThe UK’s push to secure access to the European Union's “Made in Europe” industrial scheme is a central battleground in ongoing efforts to reset post-Brexit relations.The EU’s Industrial Accelerator... [...]

Bill aimed at protecting Americans from data centre energy costs blocked in Senate
September 18, 2026 4:50
Bill aimed at protecting Americans from data centre energy costs blocked in Senate

A bill aimed at protecting Americans from higher electricity costs linked to data centres has been blocked in the US Senate, despite receiving overwhelming bipartisan support in the House.Democratic Senator Martin Heinrich of New Mexico on Thursday blocked a unanimous consent request from... [...]

ICE officer, accused of shooting Venezuelan man and lying to investigators, pleads not guilty
September 18, 2026 3:47
ICE officer, accused of shooting Venezuelan man and lying to investigators, pleads not guilty

An Immigration and Customs Enforcement officer pleaded not guilty Friday to federal charges accusing him of lying to the FBI about a shooting that wounded a Venezuelan man in Minneapolis.Christian Castro, 52, appeared before a US magistrate judge after being indicted on six counts of making false... [...]

Trump officials move migrants children to unlicensed Texas facilities, raising deportation fears
September 18, 2026 3:03
Trump officials move migrants children to unlicensed Texas facilities, raising deportation fears

US President Donald Trump's administration has sharply increased the number of unaccompanied migrant children sent to federal facilities in Texas, prompting concerns from immigration advocates about access to lawyers and potential deportations.According to an analysis by immigration data platform... [...]

New UFO files reveal chilling details of 1952 'flying saucer' incident
September 18, 2026 2:56
New UFO files reveal chilling details of 1952 'flying saucer' incident

In the latest update, the sixth batch of UFO files has been released by the Pentagon depicting fleets of purported UFOs traversing the atmosphere over generations. The latest tranche was disclosed in batches today with a prime focus on a famous 1952 UFO sighting by a Navy photographer in... [...]

How a 'millisecond' software glitch caused six hours of chaos across UK airports
September 18, 2026 2:40
How a 'millisecond' software glitch caused six hours of chaos across UK airports

A software defect that occurred “in the space of a millisecond” triggered a six-hour UK air traffic control outage that disrupted hundreds of thousands of passengers, National Air Traffic Services has said.The failure on September 8 initially stopped departing flights around London... [...]

Russia takes over Nestlé and Auchan operations amid growing nationalisation campaign
September 18, 2026 2:20
Russia takes over Nestlé and Auchan operations amid growing nationalisation campaign

Russia has moved to seize the domestic assets of food giant Nestlé and French retailer Auchan as the Kremlin expands its control over private companies.The assets have been placed under the temporary control of Russian firm L.E.V Management under a presidential decree announced... [...]

Zelenskyy launches 'Carpathian Eight' initiative as Russia-Ukraine conflict escalates
September 18, 2026 12:17
Zelenskyy launches 'Carpathian Eight' initiative as Russia-Ukraine conflict escalates

Zelenskyy launches ‘Carpathian Eight’ initiative as Russia-Ukraine conflict escalatesUkrainian President Volodymyr Zelenskyy has unveiled a new regional grouping of eight countries named “Carpathian Eight”, a bloc consisting of central and eastern European countries. Amid... [...]

Takaichi to meet Trump ahead of high-stakes Trump-Xi summit
September 18, 2026 8:54
Takaichi to meet Trump ahead of high-stakes Trump-Xi summit

Takaichi to meet Trump ahead of high-stakes Trump-Xi summit Japan prime minister Sanae Takaichi is expected to meet President Donald Trump next week ahead of a high-stakes US-China summit scheduled for September 24. Takaichi will travel to New York for the UN General Assembly and on its... [...]

مظفرگڑھ: آئس فیکٹری سے امونیا گیس لیک، علاقہ مکینوں کو سانس لینے میں دشواری
September 20, 2026 4:09
مظفرگڑھ: آئس فیکٹری سے امونیا گیس لیک، علاقہ مکینوں کو سانس لینے میں دشواری

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سیکیورٹی فورسز کی قلات میں کارروائی، 5 دہشتگرد ہلاک، 23 مغوی بازیاب
September 19, 2026 10:09
سیکیورٹی فورسز کی قلات میں کارروائی، 5 دہشتگرد ہلاک، 23 مغوی بازیاب

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کوہاٹ، پرانا پولیس لائنز خودکش دھماکے کا مقدمہ درج
September 19, 2026 10:09
کوہاٹ، پرانا پولیس لائنز خودکش دھماکے کا مقدمہ درج

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آج بذریعہ ٹرین اسلام آباد لانگ مارچ کا آغاز ہوگا، حافظ نعیم
September 19, 2026 9:09
آج بذریعہ ٹرین اسلام آباد لانگ مارچ کا آغاز ہوگا، حافظ نعیم

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September 19, 2026 8:09
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September 19, 2026 6:09
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ایف آئی اے کا آبپارہ میں چھاپہ، جعلی اپوسٹل اسٹیکرز اور سرکاری مہروں کا نیٹ ورک بے نقاب
September 19, 2026 6:09
ایف آئی اے کا آبپارہ میں چھاپہ، جعلی اپوسٹل اسٹیکرز اور سرکاری مہروں کا نیٹ ورک بے نقاب

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September 19, 2026 6:09
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وزیراعظم شہباز شریف نے دورہ امریکا کیلئے اپنا وفد محدود کر دیا
September 19, 2026 5:09
وزیراعظم شہباز شریف نے دورہ امریکا کیلئے اپنا وفد محدود کر دیا

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پیٹرولیم لیوی پر حکومت، جماعت اسلامی کے مذاکرات کا 5واں دور
September 19, 2026 5:09
پیٹرولیم لیوی پر حکومت، جماعت اسلامی کے مذاکرات کا 5واں دور

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کوہاٹ حملہ افغانستان میں جڑیں رکھنے والے بدترین خوارج نے کیا، وزارت اطلاعات
September 19, 2026 5:09
کوہاٹ حملہ افغانستان میں جڑیں رکھنے والے بدترین خوارج نے کیا، وزارت اطلاعات

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ہمارا سیدھا مطالبہ ہے پیٹرولیم لیوی ختم کی جائے، حافظ نعیم الرحمان
September 19, 2026 5:09
ہمارا سیدھا مطالبہ ہے پیٹرولیم لیوی ختم کی جائے، حافظ نعیم الرحمان

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پی ٹی آئی کا اسلام آباد ہائیکورٹ کے فیصلے کیخلاف سپریم کورٹ جانے کا اعلان
September 19, 2026 4:09
پی ٹی آئی کا اسلام آباد ہائیکورٹ کے فیصلے کیخلاف سپریم کورٹ جانے کا اعلان

پاکستان تحریک انصاف نے اسلام آباد ہائی کورٹ کے فیصلے خلاف سپریم کورٹ جانے کا اعلان کردیا۔جیو نیوز کے پروگرام نیا پاکستان میں... [...]

دہشت گردی کی وجہ ناکام خارجہ پالیسی ہے، سہیل آفریدی
September 19, 2026 3:09
دہشت گردی کی وجہ ناکام خارجہ پالیسی ہے، سہیل آفریدی

وزیراعلیٰ خیبر پختونخوا سہیل آفریدی نے صوبے میں بڑھتی دہشت گردی کی وجہ ناکام خارجہ پالیسی کو قرار دے دیا۔سہیل آفریدی نے الزام... [...]

ایم ڈی کیٹ 2026 میں جیوینائل کارڈ کی لازمی شرط ختم، تصویر والی مارک شیٹ لانے کی ہدایت
September 19, 2026 3:09
ایم ڈی کیٹ 2026 میں جیوینائل کارڈ کی لازمی شرط ختم، تصویر والی مارک شیٹ لانے کی ہدایت

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امریکی صدر ڈونلڈ ٹرمپ کیمپ ڈیوڈ کا دورہ مختصر کر کے قبل از وقت وائٹ ہاؤس واپس پہنچ گئے
September 20, 2026 4:09
امریکی صدر ڈونلڈ ٹرمپ کیمپ ڈیوڈ کا دورہ مختصر کر کے قبل از وقت وائٹ ہاؤس واپس پہنچ گئے

امریکی صدر ڈونلڈ ٹرمپ---فائل فوٹو امریکی صدر ڈونلڈ ٹرمپ نے کیمپ ڈیوڈ میں قیام مقررہ وقت سے پہلے ختم کر کے وائٹ ہاؤس میں واپسی اختیار... [...]

امریکا کو پہلے ہماری شرائط پر عمل کرنا چاہیے، ایرانی سیکیورٹی چیف نے تہران کا مؤقف پیش کردیا
September 20, 2026 4:09
امریکا کو پہلے ہماری شرائط پر عمل کرنا چاہیے، ایرانی سیکیورٹی چیف نے تہران کا مؤقف پیش کردیا

محسن رضائی---فائل فوٹو ایران کے سلامتی امور کے عہدیدار محسن رضائی نے کہا ہے کہ امریکا پہلے ایران کی شرائط پر عمل کرے، اس کے بعد ہی... [...]

کیمپ ڈیوڈ کی ممنوعہ فضائی حدود کی خلاف ورزی پر طیارے کو روک لیا گیا
September 20, 2026 2:09
کیمپ ڈیوڈ کی ممنوعہ فضائی حدود کی خلاف ورزی پر طیارے کو روک لیا گیا

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September 19, 2026 9:09
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September 19, 2026 8:09
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September 19, 2026 7:09
پاکستان سے مل کر سعودی عسکری ضروریات کا جائزہ لیں گے، خاقان فیدان

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September 19, 2026 4:09
امریکی فوج کا آبنائے ہُرمُز سے ہونے والی تجارت کا حجم 6 ماہ کی بلند ترین سطح پر آنے کا دعویٰ

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September 19, 2026 4:09
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September 19, 2026 4:09
امریکی ناکا بندی کے باوجود تیل کی فروخت 2 سال کی بلند ترین سطح پر پہنچ گئی، ایران

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قطری اور پاکستانی ثالثوں سے مشاورت جاری ہے، اپنی شرائط ان تک پہنچا دی ہیں، محسن رضائی
September 19, 2026 4:09
قطری اور پاکستانی ثالثوں سے مشاورت جاری ہے، اپنی شرائط ان  تک پہنچا دی ہیں، محسن رضائی

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September 19, 2026 4:09
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September 19, 2026 3:09
ملزم نے خاتون کو بے دردی سے قتل کرکے ننھی بیٹی کو لاش پر بٹھا دیا

بھارتی ریاست کرناٹک میں ایک خاتون کو بے دردی سے قتل کر دیا گیا، جرم کے بعد ملزم نے مبینہ طور پر اس کی ڈیڑھ سالہ بیٹی کو کی لاش کے اوپر... [...]

ریاض ایئرپورٹ کے قریب شعلے اور سیاہ دھوئیں کے بادل دیکھے گئے
September 19, 2026 1:09
ریاض ایئرپورٹ کے قریب شعلے اور سیاہ دھوئیں کے بادل دیکھے گئے

ویڈیو گریب۔غیرملکی خبر ایجنسی کی رپورٹ کے مطابق سعودی دارالحکومت ریاض کے ایئرپورٹ کے قریب شعلے اور سیاہ دھوئیں کے بادل دیکھے... [...]

سعودی عرب کو F-35 طیاروں کی فروخت کرنے کی منظوری پر اسرائیل کا امریکا سے معاوضہ طلب کرنے کا منصوبہ
September 19, 2026 10:09
سعودی عرب کو F-35 طیاروں کی فروخت کرنے کی منظوری پر اسرائیل کا امریکا سے معاوضہ طلب کرنے کا منصوبہ

—فائل فوٹواسرائیل نے امریکا کی جانب سے سعودی عرب کو F-35 لڑاکا طیارے فروخت کرنے کی منظوری کے بعد امریکا سے اضافی دفاعی صلاحیتیں بطور... [...]

افغانستان کی کوہاٹ پولیس لائنز مسجد دھماکے کی مذمت
September 19, 2026 10:09
افغانستان کی کوہاٹ پولیس لائنز مسجد دھماکے کی مذمت

— فائل فوٹوافغانستان نے کوہاٹ میں پولیس کمپاؤنڈ میں نمازِ جمعہ کے دوران خودکش حملے کی مذمت کی ہے۔اس حوالے سے افغان وزارتِ خارجہ کے... [...]

ملک میں ایک تولہ سونے کا بھاؤ 100 روپے کم ہوگیا
September 19, 2026 11:09
ملک میں ایک تولہ سونے کا بھاؤ 100 روپے کم ہوگیا

گزشتہ روز بڑے اضافے کے بعد ملک میں کاروباری ہفتے کے آخری روز سونا سستا ہوگیا۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے... [...]

پاکستان اسٹاک ایکسچینج میں اس ہفتے ملا جلا رجحان رہا
September 19, 2026 5:09
پاکستان اسٹاک ایکسچینج میں اس ہفتے ملا جلا رجحان رہا

—فائل فوٹوپاکستان اسٹاک ایکسچینج کی ہفتہ وار اپ ڈیٹس سامنے آ گئیں۔پاکستان اسٹاک ایکسچینج میں اس کاروباری ہفتے میں ملا جلا رجحان... [...]

سونے کی فی تولہ قیمت 6900 روپے کا اضافہ ہوگیا
September 18, 2026 1:09
سونے کی فی تولہ قیمت 6900 روپے کا اضافہ ہوگیا

ملک میں سونے کی فی تولہ قیمت میں آج 6900 روپے کا بڑا اضافہ ہوگیا۔ آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق اس اضافے کے... [...]

پی ایس ایکس 100 انڈیکس میں ایک ہزار 841 پوائنٹس کا اضافہ
September 18, 2026 1:09
پی ایس ایکس 100 انڈیکس میں ایک ہزار 841 پوائنٹس کا اضافہ

خام تیل کی قیمتوں میں کمی پر پاکستان اسٹاک ایکسچینج کے 100 انڈیکس میں اضافہ ہوا ہے۔ پاکستان اسٹاک ایکسچینج کا 100 انڈیکس ایک ہزار 841... [...]

اب ہمارا فوکس ایڈ نہیں، ٹریڈ ہے: محمد اورنگزیب
September 18, 2026 9:09
اب ہمارا فوکس ایڈ نہیں، ٹریڈ ہے: محمد اورنگزیب

— تصویر بشکریہ رپورٹروزیرِ خزانہ محمد اورنگزیب نے کہا ہے کہ گزشتہ مالی سال اوورسیز پاکستانیوں نے 41.6 بلین ڈالرز کا زرِ مبادلہ وطن... [...]

کمپنیوں کا پیٹرول و ڈیزل پر فی لیٹر 1 روپے 22 پیسے منافع کا مطالبہ
September 18, 2026 8:09
کمپنیوں کا پیٹرول و ڈیزل پر فی لیٹر 1 روپے 22 پیسے منافع کا مطالبہ

— فائل فوٹوآئل مارکیٹنگ کمپنیوں نے پیٹرول اور ڈیزل پر فی لیٹر 1 روپے 22 پیسے منافع کا مطالبہ کر دیا۔آئل کمپنیز ایڈوائزری کونسل نے... [...]

مہنگائی پر ہفتہ وار رپورٹ جاری، کونسی چیز سب سے زیادہ مہنگی ہوئی؟
September 18, 2026 8:09
مہنگائی پر ہفتہ وار رپورٹ جاری، کونسی چیز سب سے زیادہ مہنگی ہوئی؟

وفاقی ادارۂ شماریات نے مہنگائی سے متعلق ہفتہ وار رپورٹ جاری کر دی، ملک میں ہفتہ وار مہنگائی میں 0.49 فیصد کا مزید اضافہ ہوا... [...]

زرِمبادلہ ذخائر تاریخ کی بلند ترین سطح 21.4 ارب ڈالرز پر، وزیرِاعظم شہباز شریف کا اظہارِ تشکر
September 18, 2026 6:09
زرِمبادلہ ذخائر تاریخ کی بلند ترین سطح 21.4 ارب ڈالرز پر، وزیرِاعظم شہباز شریف کا اظہارِ تشکر

وزیرِ اعظم شہباز شریف—فائل فوٹووزیرِ اعظم شہباز شریف نے زرِ مبادلہ کے ذخائر تاریخ کی بلند ترین سطح 21 اعشاریہ 4 ارب ڈالرز پہنچنے پر... [...]

ملک میں کونسا پلانٹ کتنے روپے فی یونٹ بجلی پیدا کر رہا ہے؟ سینیٹ میں جمع تفصیلات سامنے آ گئیں
September 18, 2026 6:09
ملک میں کونسا پلانٹ کتنے روپے فی یونٹ بجلی پیدا کر رہا ہے؟ سینیٹ میں جمع تفصیلات سامنے آ گئیں

— فائل فوٹوسینیٹ میں فراہم کردہ تفصیلات میں یہ بات سامنے آ گئی ہے کہ ملک میں کونسا پلانٹ کتنے روپے فی یونٹ بجلی پیدا کر رہا... [...]

گڈز ٹرانسپورٹ کے کرائے 7 فیصد بڑھانے کا اعلان
September 18, 2026 1:09
گڈز ٹرانسپورٹ کے کرائے 7 فیصد بڑھانے کا اعلان

گڈز ٹرانسپورٹ کے کرائے 7 فیصد بڑھانے کا اعلان کردیا گیا۔ صدر آل پاکستان گڈز ٹرانسپورٹ اتحاد ملک شہزاد اعوان نے کہا کہ پچھلے 7 دن... [...]

پیٹرول سستا، ڈیزل مزید مہنگا کردیا گیا
September 17, 2026 5:09
پیٹرول سستا، ڈیزل مزید مہنگا کردیا گیا

حکومت نے اگلے ایک روز کیلئے پیٹرولیم مصنوعات کی نئی قیمتوں کا اعلان کردیا۔اس حوالے سے جاری نوٹیفکیشن کے مطابق پیٹرول کی قیمت میں 43... [...]

10 روپے کے کرنسی نوٹ تبدیل کرانے کی آخری تاریخ کی افواہیں بےبنیاد ہیں، اسٹیٹ بنک
September 17, 2026 3:09
10 روپے کے کرنسی نوٹ تبدیل کرانے کی آخری تاریخ کی افواہیں بےبنیاد ہیں، اسٹیٹ بنک

اسٹیٹ بینک آف پاکستان نے کہا ہے کہ 10روپے کے کرنسی نوٹ تبدیل کرانے کی آخری تاریخ کی افواہیں بےبنیاد اور حقائق کے منافی ہیں۔ کراچی سے... [...]

یورو نوٹس کی رقم ملنے سے ملکی زر مبادلہ ذخائر بڑھ گئے
September 17, 2026 3:09
یورو نوٹس کی رقم ملنے سے ملکی زر مبادلہ ذخائر بڑھ گئے

یورو نوٹس کی رقم ملنے سے ملکی زر مبادلہ ذخائر میں اضافہ ہوگیا۔اسٹیٹ بینک آف پاکستان کے اعلامیہ کے مطابق ملکی زرمبادلہ ذخائر 11 ستمبر... [...]

پی ایس ایکس میں مسلسل تیسرے روز 40 کروڑ سے کم شیئرز کے سودے
September 17, 2026 12:09
پی ایس ایکس میں مسلسل تیسرے روز 40 کروڑ سے کم شیئرز کے سودے

پاکستان اسٹاک ایکسچینج میں آج کاروباری حجم کم رہا اور مسلسل تیسرے روز 40 کروڑ سے کم شیئرز کے سودے ہوئے۔ پاکستان اسٹاک ایکسچینج کا 100... [...]

ایک تولہ سونے کی قیمت 3800 روپے کم ہوگئی
September 17, 2026 11:09
ایک تولہ سونے کی قیمت 3800 روپے کم ہوگئی

ملک میں گذشتہ روز مہنگا ہونے کے بعد آج پھر سونا سستا ہوگیا۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق فی تولہ سونے کی... [...]

‘My total balance should be $20 million’: I invested $1.1 million in a crypto platform. Have I lost it all?
September 20, 2026 1:45
‘My total balance should be $20 million’: I invested $1.1 million in a crypto platform. Have I lost it all?

“I invested on the recommendation of an executive vice president of a major New York investment bank.” [...]

‘I’m burned out’: I’m constantly helping my cousin who is running out of money. Is it too much to expect his sister to help?
September 20, 2026 1:30
‘I’m burned out’: I’m constantly helping my cousin who is running out of money. Is it too much to expect his sister to help?

“I spend a lot of time away from my family and spend money on gas, taking him out to eat.” [...]

I’m in my 50s. My mother died from Alzheimer’s. Do I need long-term-care insurance?
September 20, 2026 1:03
I’m in my 50s. My mother died from Alzheimer’s. Do I need long-term-care insurance?

“By the time my mother died, the insurance company had paid out almost $600,000.” [...]

It’s almost impossible to sell a condo unit these days: ‘I feel trapped’
September 19, 2026 6:57
It’s almost impossible to sell a condo unit these days: ‘I feel trapped’

Selling a condominium unit has become a challenge for many, as buyers get spooked at the prospect of bearing ever-rising HOA fees — even if the home comes with a lower price tag. [...]

90% of retirees are making this miscalculation with their savings
September 19, 2026 6:40
90% of retirees are making this miscalculation with their savings

The order in which you spend your money makes a difference for your taxes — and your enjoyment of life. [...]

Many young investors can’t afford to invest without their parents’ help
September 19, 2026 6:22
Many young investors can’t afford to invest without their parents’ help

Parents are providing help with things like housing and groceries, and sometimes directly investing for their children, to give them a head start in a challenging economy. [...]

The future of retirement? Work until you die.
September 19, 2026 5:53
The future of retirement? Work until you die.

Social Security, once seen as “old-age insurance,” will eventually disappear, this author predicts. [...]

These are the 10 biggest retirement fears — and what you can do about them
September 19, 2026 5:21
These are the 10 biggest retirement fears — and what you can do about them

No amount of wealth can erase retirement worries. [...]

What happens if you never buy a house? What renters are gaining — and giving up.
September 19, 2026 4:45
What happens if you never buy a house? What renters are gaining — and giving up.

The high cost of buying a home means that many 20- and 30-somethings are re-evaluating traditional personal-finance advice that assumed homeownership to build wealth. [...]

It’s not a winner-take-all stock market. This hedge-fund manager favors three underdogs.
September 19, 2026 4:19
It’s not a winner-take-all stock market. This hedge-fund manager favors three underdogs.

There’s a winner-take-all fallacy in certain industries, says a hedge-fund manager. [...]

The old new thing: Cisco, retro tech are back and forming AI buildout’s backbone
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Starbucks’s Snoopy cups, McDonald’s SpongeBob toys are getting huge eBay markups
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Stocks face a growing list of threats — so why are investors staying so calm?
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As Buffett’s reign ends, fans should sell Berkshire and buy these stocks instead
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Amazon, Palantir and 12 more top tech stock picks from UBS analysts
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S&P 500, Nasdaq close higher, Dow slips as 10-year Treasury yield holds above 5%
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It’s almost impossible to sell a condo these days: ‘I feel trapped’
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S&P 500, Nasdaq turn modestly higher in final hour as oil prices ease; Dow lags
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These fast-growing ETFs aim for yields as high as 17.5%. But here’s the catch.
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Stocks slump as 10-year Treasury yield nears 5% and crude oil remains atop $100
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Jobless claims fall to lowest level since mid-May
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Jobless claims stay low in latest week
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Consumer credit growth soars in December
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U.S. productivity slows down in fourth quarter while unit labor costs accelerate
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Beyond to buy rights to Buy Buy Baby brand and reunite it with Bed Bath & Beyond
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Amazon says it had best-ever Thanksgiving Holiday week with record sales and number of items sold
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Charter Communications announces buyout deal for Liberty Broadband at terms above its previous proposal
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  • About
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