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Australian dollar plumbs 10-month lows as US yields keep climbing
November 13, 2026 6:48
Australian dollar plumbs 10-month lows as US yields keep climbing

SYDNEY: The Australian dollar was pinned near a 10-month low on Friday as US yields kept climbing on growing bets of a half-point Federal Reserve hike, while falling commodity prices and fading yield support added to the drag. The Aussie slipped 0.1% to $0.68, after falling as much as 0.6% overnight to $0.6798, the lowest level since late January. It broke critical support at $0.6835, with bears now eyeing $0.67. For the week, it is down 0.8%. The kiwi dollar also eased 0.1% to $0.5543, having slipped 0.3% overnight. That left it within striking distance of a 19-month low of $0.5529, with near-term resistance around $0.5575. For the week, it is roughly flat. The two have been pressured by an ascending US dollar that is hovering at the highest level since April last year on the back of sharply higher Treasury yields, as markets nudged up bets for an outsized 50-basis-point rate hike from the Federal Reserve next month to 15%, from 12% a day earlier. The Aussie was also feeling the added weight from bets that Reserve Bank of Australia is done tightening policy and the selloff in stock markets triggered by the upheaval at chip giant Nvidia. Copper prices also fell to four-month lows. “The Aussie has proven to be particularly vulnerable to the steep rise in US yields,” said Sean Callow, senior FX analyst at ITC Markets, adding that it is at risk of testing 67 cents unless US yields fall. “The RBA’s implicit message that the next live policy meeting is no sooner than February leaves AUD exposed, with the Aussie’s 2-year yield premium over the US dollar down a full percentage point since April.” The premium of Australia’s 2-year government bond yield over Treasuries narrowed to just 3 basis points, down from 36 bps last week when the RBA raised interest rates for a fifth time this year but dropped its tightening bias. Across the Tasman Sea, the Reserve Bank of New Zealand is widely expected to lift interest rates by a quarter-point in December to 3%, with two additional rate hikes priced in by the end of next year. [...]

Australian shares retreat as oil surges, banks and miners weigh
November 13, 2026 6:45
Australian shares retreat as oil surges, banks and miners weigh

Australian shares extended their decline for a second day on Friday, as most sectors traded in negative territory with banks and miners shedding the most, while investor sentiment was hampered by resurgent geopolitical tensions. The S&P/ASX 200 was down 0.5% at 9,101.70 by 2321 GMT. The index ended 0.1% lower on Friday, but was on pace to book a third consecutive weekly gain with a roughly 1% jump. Earlier this week, Australian markets rallied alongside their global peers when oil prices hit multi-month lows after US President Donald Trump downplayed the likelihood of renewed strikes on Iran. However, escalating attacks on energy infrastructure in top crude producer Saudi Arabia and shipping disruptions at the Strait of Hormuz lifted oil prices on the day. That renewed inflationary pressures, which have rattled world economies since the start of the Iran war earlier this year. Yields on short-term government bonds, which typically move in tandem with central bank rate expectations, advanced on Friday, with the 1-year yield up at 4.966%. On the economic front, investors will be looking out for monthly employment figures due next week. Australian shares tick down as miners slip, banks limit losses Mining stocks tracked lower base metal prices to fall 0.9%, with BHP and Rio Tinto slipping 0.6% and 0.9%, respectively. The sector was, however, poised for a 1.8% weekly rise. Financials fell 0.6% after all “Big Four” banks traded in the red, with the sub-index on track to log its second consecutive weekly loss. Technology stocks slipped 1.2% to mirror overnight losses in the tech-heavy Nasdaq Composite. US markets were pressured by a drop in AI chipmaker Nvidia following CEO Jensen Huang’s resignation. Energy stocks were among the few outliers to jump 1.1%. Shares of Woodside Energy and Santos added more than 1% each. In New Zealand, the S&P/NZX 50 fell 0.3% to 14,210.10, retreating from a record high on Thursday. The index was, however, poised for a 1.4% weekly advance. [...]

Japan's Nikkei on track for best week in 5 months despite Nvidia turmoil
November 13, 2026 6:39
Japan's Nikkei on track for best week in 5 months despite Nvidia turmoil

TOKYO: Japan’s Nikkei share average was on track for its best week in five months on Friday, rebounding from a sharp drop the previous week as upbeat earnings and renewed AI optimism lifted sentiment, despite turmoil surrounding chipmaker Nvidia. The Nikkei was up 1.25% at 61,576.91, as of 0140 GMT, putting the index on track to finish the week with a 7.3% weekly gain, its biggest since the week of June 15. The broader Topix advanced 0.63% to 3,962.08 and was headed for a weekly gain of about 7%, its strongest since mid-August 2024. Semiconductor stocks led the Nikkei’s advance, with Advantest gaining 5.9%, Tokyo Electron rising 3% and Kioxia adding 2.9%. The gains came despite a selloff in Nvidia shares overnight, which dragged US stocks lower. However, rival chipmakers Broadcom and Alphabet rose, suggesting investor optimism about the broader AI sector remained intact. “The rise in semiconductor- and AI-related shares, which had been under pressure for a relatively long period, appears to have been a factor behind this week’s gains in the Nikkei average and Topix,” said Maki Sawada, equities strategist at Nomura Securities. Reports surrounding Nvidia CEO Jensen Huang’s departure have also raised questions about the company’s future direction and the implications for US chip export policy and access to the Chinese market. Japanese shares had already weakened in the previous session amid concerns over the Nvidia developments, helping set the stage for Friday’s recovery, Sawada said. The market breadth was positive, with 138 advancers in the Nikkei 225, against 82 decliners and 5 unchanged stocks. Banking shares on the Tokyo bourses gained 1%, tracking a rise in US Treasury yields amid speculation about potential US rate hikes. Japan’s three largest banks were due to report earnings later in the day. The largest percentage gainers in the index were Amada Co up 9.46%, followed by Socionext gaining 6.77% and Trend Micro up by 6.61%. The largest losers were Terumo, down 7.39%, followed by Haseko, trading 6.12% lower, and Mercari , which lost 3.68%. [...]

PSX: buying at bourse, KSE-100 gains over 600 points
November 13, 2026 6:34
PSX: buying at bourse, KSE-100 gains over 600 points

Buying was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 600 points during trading on Friday. At 11:30am, the benchmark index stood at 177,994.45, up 620.69 points, or 0.35%. Key sectors saw buying, including commercial banks, oil and gas exploration companies, OMCs, and refineries. Index-heavy stocks, including ARL, PRL, MARI, POL, PSO, SSGC, HBL, MCB, NBP and UBL, traded in the green. On Thursday, PSX witnessed a volatile session as the market reversed its early gains and closed sharply lower. Renewed selling pressure after midday wiped out the gains, amid investor caution over domestic political uncertainty. The KSE-100 Index declined by 1,710.04 points, or 0.95%, to close at 177,373.76 points. Globally, stocks in Asia were on steadier footing on Friday after a turbulent week dominated by ​revelations of extramarital affairs involving Nvidia CEO Jensen Huang that culminated in his resignation, in a blow to the global AI boom he helped advance. US Treasury ‌yields climbed, with the 2-year yield hitting a one-month high, lifting the dollar as investors weighed the prospect of an outsized 50-basis-point rate hike by the Federal Reserve next month. Huang stepped down on Thursday after reports of the affair, including one involving a suspected Chinese spy, which plunged the chipmaker into crisis and sent shockwaves through the AI industry. His exit could have far-reaching consequences for US chip export policy and the broader AI ​industry and supply chain, given Huang’s push to preserve access to the Chinese market as well as his close ties with US President Donald Trump. Nvidia shares fell 3% in extended trading, while those of its customers, including South ​Korea’s Naver, extended declines on Friday, with Naver down 2.75%. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.26%, reversing some of its 1.3% fall ​from the previous session. South Korea’s Kospi rose 2.35% while Japan’s Nikkei added 1.4%. The recovery in global equities also follows last week’s market meltdown sparked by the Republicans’ electoral ​drubbing, which stoked fears that tighter regulation could slow the AI infrastructure buildout that has helped send stocks to record highs this year. Nasdaq futures and S&P 500 futures rose more than 0.2% each, while ‌EUROSTOXX 50 ⁠futures fell 0.37%. This is an intraday update [...]

Pakistan seeks two LNG cargoes for Dec, Jan as winter looms
November 13, 2026 6:20
Pakistan seeks two LNG cargoes for Dec, Jan as winter looms

State-owned Pakistan LNG Limited (PLL) has invited bids from reputed international suppliers for the supply of two liquefied natural gas (LNG) cargoes on a Delivered Ex-Ship (DES) basis at Port Qasim, Karachi. According to the tender notice issued on Thursday, PLL is seeking the cargoes to meet the country’s gas requirements. The first cargo is scheduled for delivery during December 14-16, 2026, while the second cargo is scheduled for delivery during January 9-11, 2027. PLL, which is owned by the Government of Pakistan, has the mandate to procure LNG to meet the country’s gas requirements. Pakistan has intensified efforts to secure discounted liquefied natural gas (LNG) from Qatar under existing long-term contracts as winter demand looms and ongoing disruptions in the Strait of Hormuz threaten global energy supply chains. The development came days after PLL considered and declined two spot LNG cargo bid offers scheduled for delivery in December 2026 and January 2027. On Tuesday, PLL received two bids for the LNG supply for December. Total Energies Gas & Power Limited quoted a bid offer of USD 27.30 per MMBtu, while Qatar Energy Trading LLC quoted a bid offer of USD 31 per MMBtu. Total Energies Gas & Power Limited was declared the lowest evaluated bidder for the window. For the second cargo for the delivery window of January 2027, Total Energies Gas & Power Limited quoted a bid offer of Rs24,281,600,000 or USD 27.1 per MMBtu and was declared the lowest evaluated bidder. [...]

Wheat rebounds from 4-1/2-month low on Black Sea supply concerns
November 13, 2026 6:18
Wheat rebounds from 4-1/2-month low on Black Sea supply concerns

CANBERRA: Chicago wheat futures rose on Friday after slipping to a 4-1/2-month low in early trade, as continued disruption to Black Sea exports outweighed pressure from a stronger US dollar and expectations of large harvests in Australia and Argentina. Corn and soybean futures rose and were on track for weekly gains after the US Department of Agriculture tightened its US supply outlook for both crops on Tuesday, lifting prices from multi-month lows. The most-traded wheat contract on the Chicago Board of Trade (CBOT) was up 1.1% at $5.90-1/2 a bushel at 0352 GMT, after falling to $5.82, the lowest since June 30, earlier in the session. CBOT corn was up 0.9% at $4.46-1/2 a bushel, heading for a weekly gain of 1.2%, while soybeans climbed 0.9% to $12.29-1/2 a bushel and were 3% above last Friday’s close. CBOT wheat was on track to end the week 0.1% lower, extending a slide that has dragged prices down around 25% from highs in September. The US dollar held near a 1-1/2-year peak against a basket of other currencies, bolstered by expectations of higher US interest rates. A stronger greenback can weaken US export demand by making dollar-denominated crops costlier for overseas buyers. Cheap wheat from Argentina, whose harvest is beginning, is pushing the market lower. Argentina’s Rosario Grains Exchange on Thursday raised its 2026/27 wheat production forecast by 500,000 metric tons to 24.3 million tons due to better-than-expected weather conditions. Australia is also ramping up a harvest expected to produce around 32 million tons, several million tons more than many predicted earlier in the growing season. However, wheat supply from Russia and Ukraine remains restricted due to attacks on shipping in the Black Sea, a problem that peace talks this week failed to resolve. The long-term closure of Black Sea grain exports will cause supply shortages, analysts say. “If wheat starts flowing through the Black Sea, there’s likely more downside for prices,” said Rod Baker, an analyst at Bendigo Bank. “If it doesn’t, we’re getting close to a price floor now.” [...]

ADNOC's second pipeline to be competed by around January, Inpex executive says
November 13, 2026 6:12
ADNOC's second pipeline to be competed by around January, Inpex executive says

TOKYO: Abu Dhabi National Oil Company (ADNOC) is expected to complete a second crude oil pipeline by around January, doubling the capacity of its existing onshore pipeline to about 3.6 million barrels per day (bpd), an Inpex executive said. The existing pipeline has a capacity of about 1.8 million bpd and transports crude from inland oil fields, Inpex Senior Executive Vice President Toshiaki Takimoto said on Thursday. A third pipeline is also planned, with completion expected around 2029, he said. Inpex may consider supporting an expansion of the United Arab Emirates’ crude oil pipeline if requested, depending on whether it can ensure smooth shipments of crude in which it has an interest, he said ADNOC was not immediately available for comment outside office hours. [...]

China's yuan inches higher as companies convert cash holdings
November 13, 2026 6:08
China's yuan inches higher as companies convert cash holdings

SHANGHAI: China’s yuan inched higher against the dollar on Friday as seasonal foreign exchange settlements by companies outweighed broad dollar strength, which was fueled by growing investor bets that the Federal Reserve will raise interest rates in December. The dollar held near a 19-month high and Treasury yields also rose, after US President Donald Trump said the United States does not need a deal with Iran, prompting some investors to weigh the possibility of an outsized 50-basis-point Fed rate hike next month. However, the dollar’s strength was offset by increasing “sell-on-rally” orders from domestic corporate clients, who took advantage of the firmer dollar as many began converting more foreign exchange toward the year-end, currency traders said. Chinese exporters typically convert a larger share of their foreign exchange earnings into yuan toward the end of the year and ahead of the Lunar New Year, driven by accounting and administrative requirements, as well as seasonal demand for cash to fund bonus payments and holiday-related expenses. The jump in conversions usually leads to a rise in the yuan in December and January.  “Exporters continue to sell into upticks of the USD/CNY, creating a convincing environment for CNY appreciation to continue,” said Lynn Song, chief economist for Greater China at ING. “Considering the foreign currency left abroad over the past few years, and incoming foreign currency receivables with China’s trade surplus set to hit a new record high in 2026 and remain strong in 2027, the stage is set for further CNY appreciation.” In the spot market, the onshore yuan was 0.05% higher at 6.6711 per dollar as of 0345 GMT, while its offshore counterpart was last at 6.6719. Prior to the market opening, the People’s Bank of China (PBOC) set the midpoint rate at 6.7152 per dollar, 396 pips weaker than a Reuters estimate of 6.6756. The spot yuan is allowed to trade a maximum of 2% either side of the fixed midpoint each day. Based on Friday’s official midpoint, the CFETS yuan basket index,, which tracks the yuan’s trade-weighted value, rose to a 4-1/2-year high of 104.43 and gained 6.6% year-to-date, according to Reuters calculations based on official data. Separately, currency traders said they were closely watching the Japanese yen, which was near the key 160-per-dollar threshold, as any official intervention to defend the currency could affect global currency markets. [...]

India bonds under pressure before debt supply; hot inflation prints pinch further
November 13, 2026 6:06
India bonds under pressure before debt supply; hot inflation prints pinch further

MUMBAI: Indian government bonds came under heavy selling pressure in early trades on Friday ahead of fresh supply of the benchmark paper, while inflation in India crossing the central bank’s target and elevated US inflation clouded the interest-rate outlook. The benchmark 6.94% 2036 bond yield was 7.3113% as of 10:00 a.m. IST, up from 7.2467% on Thursday. The yield has risen by more than 16 basis points over the last three sessions. New Delhi plans to sell 340 billion rupees ($3.62 billion) of the benchmark 2036 paper later in the day, taking its outstanding issuance to 2.72 trillion rupees, the highest for any security ever. “Investors are turning cautious ahead of the auction, especially with sticky inflation in both India and the United States raising doubts over larger-size interest rate hikes,” a trader with a primary dealership said. US yields climbed on Thursday after President Donald Trump said Washington did not need to strike a deal with Iran, adding to concerns that geopolitical tensions could keep oil prices elevated and complicate the inflation outlook. The move followed stronger-than-expected October consumer price data, which prompted markets to increase bets that the Federal Reserve could opt for a larger-than-usual hike on December 9. The 10-year Treasury yield rose decisively above 5% on Thursday and stayed elevated during Asian hours, with traders pricing in a 15% chance of a 50-basis-point move, up from zero a week earlier. In India, the inflation backdrop has also turned less favourable. Annual retail inflation accelerated to 6.09% in October from 5.54% in September, surpassing the 5.93% forecast in a Reuters poll and the Reserve Bank of India’s medium-term inflation target of 4%. The data reinforced expectations that the Reserve Bank of India will follow up its October rate increase — its first in nearly four years — with another hike in early December. [...]

Gold rises on bargain hunting but heads for weekly decline
November 13, 2026 6:00
Gold rises on bargain hunting but heads for weekly decline

Gold rose on Friday as bargain hunting emerged after prices hit a more than one-year low in the previous session, while market focus shifted to upcoming US inflation data. Spot gold climbed 1.1% to $3,918.59 per ounce by 0518 GMT, but has lost 3.6% so far this week. US gold futures for December delivery gained 1% to $3,922.60. “Today’s move is more of a positioning adjustment, given that several intraday short-term momentum indicators had kind of hit an extreme oversold level after yesterday’s dramatic fall,” said Kelvin Wong, a senior market analyst at OANDA. “A short-term driver that could be bullish for gold will be a sudden turn of the US Treasury yield, that would potentially slow down the US dollar.” Spot gold prices hit their lowest level since October 2025 on Thursday as oil prices climbed on fading hopes for peace in the Middle East, spurring fears of higher inflation and elevated interest rates. Markets see an 89% chance of a 25-basis-point US rate hike in December, while the probability of a larger 50-basis-point move is priced at 11%, according to CME’s FedWatch tool. Although gold is typically seen as an inflation hedge, higher interest rates increase the opportunity cost of holding non-yielding bullion, reducing its appeal to investors. Federal Reserve Bank of New York President John Williams said on Thursday more rate hikes are likely as the US central bank seeks to lower high levels of inflation in an otherwise healthy economy. Data showed the number of Americans filing new claims for unemployment benefits increased more than expected last week, but remained at a level consistent with a stable labour market. Market participants now await the US Producer Price Index data due at 1330 GMT. Among other metals, spot silver rose 0.5% to $50.27 and palladium climbed 1.8% to $1,011.65, but both were headed for weekly declines. Spot platinum gained 1% to $1,533.29 and was on track for a modest weekly gain. [...]

Palm rangebound, but poised for first weekly gain in three weeks
November 13, 2026 5:58
Palm rangebound, but poised for first weekly gain in three weeks

KUALA LUMPUR: Malaysian palm oil futures traded in a tight range on Friday, but remained on course for their first weekly gain in three weeks as traders awaited price outlooks at a key industry conference and details of a planned Indonesian service fee. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 7 ringgit, or 0.16%, to 4,447 ringgit ($1,091.02) a metric ton by the midday break. The contract has risen 3.95% so far this week. Market participants stayed cautious ahead of fresh price forecasts from leading analysts at the Indonesian Palm Oil Conference, a Kuala Lumpur-based trader said. “Sentiment was further restrained by uncertainty surrounding reports of a new service fee by Danantara Sumberdaya Indonesia, with market participants awaiting further details on its potential impact on the palm oil industry,” the trader said. Dalian’s most-active soyoil contract gained 0.31%, while its palm oil contract added 0.95%. Soyoil prices on the Chicago Board of Trade were up 0.3%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. The ringgit, palm’s currency of trade, weakened 0.15% against the dollar, making the commodity slightly cheaper for buyers holding foreign currencies. Oil prices were mixed, but set for a second weekly decline, as US plans to continue its Iranian blockade reduced the chance of renewed large-scale fighting that could disrupt Middle East supplies. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. Palm oil may retrace towards 4,382 ringgit per metric ton, following its failure to break a resistance at 4,471 ringgit, Reuters technical analyst Wang Tao said. [...]

Indian rupee faltering rally faces returning oil pressure, surging US yields
November 13, 2026 3:24
Indian rupee faltering rally faces returning oil pressure, surging US yields

MUMBAI: The Indian rupee’s faltering rally faces further challenges on Friday, as rising oil prices revive a key source ​of pressure and surging US yields bolster the dollar. The Indian rupee is expected to open weaker than the 94-per-dollar mark and remain under pressure, after falling below it on Thursday in its biggest daily decline in ​nearly three weeks. The external backdrop is turning less favourable for the ​rupee, which has now faced resistance at the 94-per-dollar ⁠mark for three straight sessions. Brent crude, which had fallen below $90 a ​barrel earlier this week, climbed to $96, after fresh attacks on Saudi ​energy infrastructure and disruptions to shipping through the Strait of Hormuz. Meanwhile, the 10-year US Treasury yield rose well above the 5% mark after President Donald Trump ​said the United States did not need a deal with ​Iran. US Treasury yields have climbed sharply in recent sessions after higher-than-expected US inflation data ‌strengthened ⁠expectations of further Federal Reserve rate hikes. Markets are fully pricing in a 25-basis-point Fed rate hike in December, with a small probability of a larger 50-basis-point increase. The worries over oil prices and US ​Treasury yields come ​at a ⁠time when the rupee’s recovery is already facing resistance. Thursday’s session offered evidence of that, with the currency ​climbing to an intraday high of 93.60 before coming ​under ⁠pressure and slipping past the 94-per-dollar mark. Bankers said the rupee’s inability to extend its rally in recent days despite robust equity inflows has ⁠fuelled speculation ​that the Reserve Bank of India ​may be buying dollars, while oil companies could be returning to the spot market ​to meet their dollar requirements. [...]

Colette Kress, the CFO who challenged Huang's bets, is Nvidia's interim CEO
November 13, 2026 3:22
Colette Kress, the CFO who challenged Huang's bets, is Nvidia's interim CEO

WASHINGTON/SAN FRANCISCO: Colette Kress spent years as the one Nvidia executive willing to check CEO Jensen Huang’s enormous, often risky ​ambitions. As he drove the chipmaker deeper into multibillion-dollar AI investments, she pushed back, according to two people familiar with the matter on Thursday. Now the 59-year-old finance chief ‌has been handed the top job on an interim basis, while Nvidia searches for a permanent successor. Huang on Thursday stepped downfrom the company he co-founded and ran for three decades in a cloud of scandal, leaving Nvidia to navigate its first leadership transition without the architect of its rise. Through their conflicts, Kress served as an important counterweight to Huang, whose success afforded him great latitude on key decisions, the two sources said. Months before news that Huang had a ​relationship with a woman suspected of being a Chinese spy, some on Wall Street were questioning whether his appetite for risk was sound and if the deals he struck were feeding an ​increasingly circular AI economy. Kress and her staff clashed with Huang and the company’s sales team over the massive and risky financing deals that fed into ⁠what some Wall Street critics deemed a circular AI economy, including investments in OpenAI and AI infrastructure companies such as Lambda, according to one of the people familiar with the matter. A proposed $250 billion plan ​to support an OpenAI data center project in Ohio was ultimately pared to $120 billion. “I think it’s unlikely anyone but Jensen is going to invest in his own customers as aggressively,” said a third ​source, a venture capital investor. Huang has pushed Nvidia to offer financing to startups, the person said. Kress the pragmatist People who know her describe Kress as a calming contrast to Huang’s often confrontational style. Kress joined Nvidia in 2013 after a long career at other tech industry giants including Microsoft, Cisco and Texas Instruments. “Colette is a pragmatist,” said a fourth source familiar with the matter. She can project calm and help stabilize markets while the search is ongoing, ​the person said, adding that Kress had been on recent calls to reassure customers and suppliers as the tumult inside the company unfolded. Under her leadership, Nvidia is likely to “approach DC more like other tech ​companies do, by trying to build capital and make friends,” instead of picking “a fight over export controls” the way it did under Huang’s leadership, the person said. But many investors, analysts and industry sources who spoke to ‌Reuters questioned ⁠whether a finance executive could preserve the technological risk-taking that turned Nvidia into an AI chips powerhouse. “Putting (Kress) in the interim role makes sense to keep the markets calm, but I don’t think she is the long-term visionary that Nvidia needs to continue its current trajectory,” said Anshel Sag, principal analyst at Moor Insights and Strategy. Nvidia PE falls to 14-year low, but CEO exit and AI worries cloud the bargain Nvidia shares slumped 14% to their lowest in nearly 16 months on Thursday after the company said Huang would step down, but pared losses to close down 4.3%. Whether Kress will keep the CEO role permanently is yet to be decided. But other names have surfaced, including Nvidia ​executive Ian Buck, who helped launch AI on ​Nvidia chips and led development of the ⁠CUDA software system. AMD CEO Lisa Su as well as Arm boss Rene Haas have also been speculated as potential candidates. What did Kress know? Questions are also swirling about how much Kress knew about Nvidia’s chip sales and Huang’s affairs. China has denied the spying allegations. Reuters was not able ​to contact Alice Huang for comment. A fifth source said Kress knew about his relationship with Kimberly Powell, Nvidia’s vice president of healthcare, who ​reported to him. Nvidia and ⁠Powell did not immediately respond to requests for comment. Sunny Cheung, an analyst at the Washington-based Jamestown Foundation, said Kress could face congressional questions about the company’s oversight of chip sales involving Chinese military-linked institutions and Southeast Asian intermediaries. In a 2023 interview with an Israeli publication, Kress credited her two young sons with urging her to join Nvidia in 2013 because they knew its chips from their video games. She became ⁠a billionaire ​in 2025 based on the value of her Nvidia equity, according to media reports, and Forbes said her net worth ​of $1.2 billion in mid-2026 put her in 32nd place on its list of America’s richest self-made women. Kress, who holds an undergraduate degree in finance and an MBA, was also named among the 50 most powerful women in business on rankings ​compiled by Fortune and Forbes magazines in recent years. [...]

Oil prices set for second weekly decline as Trump to stay with Iran blockade
November 13, 2026 3:12
Oil prices set for second weekly decline as Trump to stay with Iran blockade

PERTH: Oil prices were mixed on Friday, but set for their second weekly decline, as the US plans to continue its Iranian blockade, reducing the chance of renewed large-scale fighting ​that could disrupt Middle East supplies, though attacks on shipping remain a danger. Brent futures were ‌little changed, down 1 cent at $95.41 a barrel at 0242 GMT. West Texas Intermediate (WTI) declined by 20 cents, or 0.25%, to $88.52 a barrel. Friday’s declines reversed two days of gains amid a volatile trading week with earlier hopes for a rapprochement ​of the US-Israel war against Iran, now in its ninth month, offset by strikes on Saudi ​Arabian infrastructure by Yemen’s Houthis and attacks on tankers transporting crude out ⁠of the Gulf. Despite the swings in prices amid the inconclusive war, Brent is set for a 2.4% ​drop this week, after plunging 16% the previous week, while WTI is set for a 2.5% decline, ​after dropping 13% previously. Prices slipped on Friday after US President Donald Trump said on Truth Social a deal with Iran was not necessary to end the war, indicating he will stick with the blockade on oil shipments and trade and economic ​sanctions. The overall decline in prices over the past two weeks reflects a good assessment of the risks ​to the market, said Chris Brankin, global advisor for Melbourne-based brokerage MiTrade. “I think the oil market is priced to perfection ‌at ⁠this point,” he said, adding that prices have bounced back a bit but without much conviction on the part of traders, which shows they are following closely what is happening in the Middle East. Despite the easing prices, risks remain for oil shipments out of the Strait of Hormuz, the key waterway for crude ​exports from the main ​Middle East producers. On Thursday, ⁠Iran’s military said four oil tankers were hit by explosions in the Strait of Hormuz after ignoring warnings. Reuters could not immediately verify the Iranian accounts. That ​same day, Yemen’s Houthis said they had attacked a pumping station on the ​Saudi East-West ⁠oil pipeline; an oil facility in the Saudi Red Sea city of Yanbu; and an Aramco building in the capital Riyadh. Also pressuring prices, US crude and fuel inventories rose last week, driven by softer refined products demand ⁠and ​a jump in oil imports, the Energy Information Administration said on ​Thursday. Crude inventories rose by 4.7 million barrels to 414.4 million barrels in the week ended November 6, the EIA said, compared with ​analysts’ expectations in a Reuters poll for a 1.1 million-barrel draw. [...]

Indian shares likely to open flat as oil surge counters strong foreign inflows
November 13, 2026 3:04
Indian shares likely to open flat as oil surge counters strong foreign inflows

Indian equity benchmarks are expected to remain in consolidation mode on Friday following recent gains, as sustained foreign institutional inflows offer support while rising Brent crude prices and ​elevated domestic inflation weigh on sentiment. GIFT Nifty futures were at 25,267.5, as of ‌7:13 a.m. IST, indicating a muted opening for Nifty 50, which ended at 25,299.35 on Thursday. Foreign investors continued their strong buying streak, recording net purchases of 78.31 billion ($832.71 million) in Indian equities on Thursday, according ​to provisional data. This marked their ninth consecutive session of net buying. November ​inflows have already reached $8 billion, the highest monthly tally since December 2020. The Nifty ⁠50 and Sensex have gained 1.1% so far this week, setting the stage for a third ​consecutive weekly rise. The recovery signals a turnaround for India’s equity market after nearly two years of ​underperformance against emerging-market peers. Elevated crude oil prices and India’s relatively limited exposure to the AI theme had weighed on market performance over the past two years. However, global enthusiasm for AI stocks has recently eased due ​to concerns over increased scrutiny of data-centre investments following Democratic win in US mid-term elections. Adding to domestic ​concerns, India’s retail inflation accelerated to 6.09% in October, breaching the Reserve Bank of India’s upper tolerance of 6%. ‌Rising food ⁠prices have squeezed household budgets and fuelled expectations of further monetary tightening. Brent crude futures traded around $95.23 per barrel, from $92 during India equity market close on Thursday, as attacks on Saudi energy infrastructure escalated and shipping disruptions through the Strait of Hormuz threatened global oil flows. Stocks in ​Asia were on steadier ​footing on Friday ⁠after a turbulent week dominated by revelations of extramarital affairs involving Nvidia CEO Jensen Huang that culminated in his resignation, in a blow to ​the global AI boom he helped advance. [...]

TikTok-owner ByteDance plans buyback at $400 billion valuation, The Information reports
November 13, 2026 6:53
TikTok-owner ByteDance plans buyback at $400 billion valuation, The Information reports

ByteDance, the Chinese owner of TikTok, is planning to buy back up to $6 billion worth of shares from existing investors at a valuation of about $400 billion, The Information reported on Thursday, citing a letter to shareholders and a person familiar with the plans. Reuters could not immediately verify the report. [...]

Australian dollar plumbs 10-month lows as US yields keep climbing
November 13, 2026 6:48
Australian dollar plumbs 10-month lows as US yields keep climbing

SYDNEY: The Australian dollar was pinned near a 10-month low on Friday as US yields kept climbing on growing bets of a half-point Federal Reserve hike, while falling commodity prices and fading yield support added to the drag. The Aussie slipped 0.1% to $0.68, after falling as much as 0.6% overnight to $0.6798, the lowest level since late January. It broke critical support at $0.6835, with bears now eyeing $0.67. For the week, it is down 0.8%. The kiwi dollar also eased 0.1% to $0.5543, having slipped 0.3% overnight. That left it within striking distance of a 19-month low of $0.5529, with near-term resistance around $0.5575. For the week, it is roughly flat. The two have been pressured by an ascending US dollar that is hovering at the highest level since April last year on the back of sharply higher Treasury yields, as markets nudged up bets for an outsized 50-basis-point rate hike from the Federal Reserve next month to 15%, from 12% a day earlier. The Aussie was also feeling the added weight from bets that Reserve Bank of Australia is done tightening policy and the selloff in stock markets triggered by the upheaval at chip giant Nvidia. Copper prices also fell to four-month lows. “The Aussie has proven to be particularly vulnerable to the steep rise in US yields,” said Sean Callow, senior FX analyst at ITC Markets, adding that it is at risk of testing 67 cents unless US yields fall. “The RBA’s implicit message that the next live policy meeting is no sooner than February leaves AUD exposed, with the Aussie’s 2-year yield premium over the US dollar down a full percentage point since April.” The premium of Australia’s 2-year government bond yield over Treasuries narrowed to just 3 basis points, down from 36 bps last week when the RBA raised interest rates for a fifth time this year but dropped its tightening bias. Across the Tasman Sea, the Reserve Bank of New Zealand is widely expected to lift interest rates by a quarter-point in December to 3%, with two additional rate hikes priced in by the end of next year. [...]

Australian shares retreat as oil surges, banks and miners weigh
November 13, 2026 6:45
Australian shares retreat as oil surges, banks and miners weigh

Australian shares extended their decline for a second day on Friday, as most sectors traded in negative territory with banks and miners shedding the most, while investor sentiment was hampered by resurgent geopolitical tensions. The S&P/ASX 200 was down 0.5% at 9,101.70 by 2321 GMT. The index ended 0.1% lower on Friday, but was on pace to book a third consecutive weekly gain with a roughly 1% jump. Earlier this week, Australian markets rallied alongside their global peers when oil prices hit multi-month lows after US President Donald Trump downplayed the likelihood of renewed strikes on Iran. However, escalating attacks on energy infrastructure in top crude producer Saudi Arabia and shipping disruptions at the Strait of Hormuz lifted oil prices on the day. That renewed inflationary pressures, which have rattled world economies since the start of the Iran war earlier this year. Yields on short-term government bonds, which typically move in tandem with central bank rate expectations, advanced on Friday, with the 1-year yield up at 4.966%. On the economic front, investors will be looking out for monthly employment figures due next week. Australian shares tick down as miners slip, banks limit losses Mining stocks tracked lower base metal prices to fall 0.9%, with BHP and Rio Tinto slipping 0.6% and 0.9%, respectively. The sector was, however, poised for a 1.8% weekly rise. Financials fell 0.6% after all “Big Four” banks traded in the red, with the sub-index on track to log its second consecutive weekly loss. Technology stocks slipped 1.2% to mirror overnight losses in the tech-heavy Nasdaq Composite. US markets were pressured by a drop in AI chipmaker Nvidia following CEO Jensen Huang’s resignation. Energy stocks were among the few outliers to jump 1.1%. Shares of Woodside Energy and Santos added more than 1% each. In New Zealand, the S&P/NZX 50 fell 0.3% to 14,210.10, retreating from a record high on Thursday. The index was, however, poised for a 1.4% weekly advance. [...]

How can carbon credits add up to 20% to revenues of green projects in Pakistan?
November 13, 2026 6:41
How can carbon credits add up to 20% to revenues of green projects in Pakistan?

Carbon credits could generate additional revenues equivalent to 10% to 20% of project earnings for qualifying low-carbon investments in Pakistan, offering ventures an additional source of income from renewable energy, electric vehicles, battery storage and agriculture, the chief executive of climate finance firm Resources Future said. Carbon credits, also known as carbon offsets, are tradable certificates representing the reduction or removal of one tonne of carbon dioxide equivalent (CO2e) from the atmosphere. They allow businesses and other entities to compensate for their greenhouse gas emissions by supporting projects that reduce or remove emissions elsewhere, including afforestation, mangrove restoration and renewable energy initiatives. Such credits are issued following certification and verification under recognised standards, with international organisations such as Verra and Gold Standard playing a key role in assessing projects and ensuring the credibility of emissions reductions. Pakistan is developing its carbon market as part of efforts to meet its climate commitments, attract green investment and transition towards a low-carbon economy. The country’s carbon market became operational in early 2025 following the approval of federal guidelines under Article 6 of the Paris Agreement, which provides a framework for international cooperation on emissions reduction. “Anything which is a low-carbon project can essentially get you carbon credits,” said Khurram Lalani, director and chief executive of Resources Future, in an interview with Business Recorder. “Think about carbon credits as a commodity, like gold, silver or copper. Carbon credits are also a commodity.” Lalani said carbon credits could provide an additional monetisation stream for businesses already investing in environmentally friendly projects, helping them recover operating and maintenance costs while improving overall project economics. “If you are investing anyway, you can consider this as the cherry on top. This is not the whole cake, but a cherry on top.” He estimated that carbon credits could contribute an additional 10% to 15% in revenues for qualifying projects, with the potential to reach 20% in some cases. “If you have a Rs10 billion project, you are not going to earn Rs10 billion on Rs10 billion. But what it does is that it will give you enough potential to substantiate your topline with 10 to 15% of revenues, in general,” he said. “Your OPEX, your operations, your O&M costs, at least recover from these things.” Lalani said the opportunity extended beyond conventional renewable energy investments to electric vehicles, battery energy storage systems (BESS), biodiesel manufacturing, forestry and agriculture. “We have our own agroforestry project which is around mango restoration,” he said. Solar and wind projects, for instance, could generate carbon credits by displacing electricity produced through diesel, furnace oil and natural gas, while electric vehicles (EV) could qualify by replacing petrol-powered transport. “Think about your EVs, electric vehicles. They displace petrol. That’s a low-carbon project; you can earn carbon credits,” Lalani said. “Anything which displaces or sequesters carbon can be converted into a project that can earn carbon credits.” He said Resources Future was working with project developers involved in battery energy storage systems and electric vehicle projects, including businesses importing electric buses and manufacturing electric motorcycles. The firm has also supported a large biodiesel manufacturing facility under construction in Pakistan, which has applied for carbon credits, he said. “We are helping them out. The idea is that there can be two revenue streams for example, if you sell biodiesel, the project sponsors of biodiesel can also monetise with carbon credits. Hence, carbon credits essentially gives you another monetisation rail on which you can do monetisation,” he said. Despite the potential, Pakistan has been slower than regional competitors in developing carbon credit projects and attracting private investment, he said. “Pakistan has not been very active when it comes to carbon credit projects, but I think there are reasons for that as well.” Comparing Pakistan with India, China and Bangladesh, Lalani said businesses in those countries had developed a better understanding of carbon credits as a monetisation opportunity. “In Pakistan, generally, that capacity does not exist, where our industrialists will be able to understand exactly what carbon credits are.” He attributed the gap partly to limited awareness and technical expertise among local businesses, as well as a reluctance to invest in unfamiliar opportunities. “In Pakistan, the risk-taking ability is not very prominent, whereas foreign businesses are generally more keen to invest in something new because they understand that there is risk, but there are also returns. “In Pakistan, we have been very much focused on the existing business opportunities, and we don’t really consider moving in a new direction, where there is a little more cost incurred. But the Pakistani market is opening up and is going to flourish also,” he said. Another obstacle has been the cost of developing carbon credit projects, which requires technical documentation, independent verification and registration with international carbon credit registries. Lalani said a typical carbon credit project could cost around $100,000 to develop. “If you hire an outside consultant from Europe, you would essentially incur, just in the consulting fees, around $200,000 to $250,000,” he said. “What we have done is that we have been able to bring that cost down to less than $100,000.” He said businesses should consider carbon credit development expenses as part of the overall investment cost of low-carbon projects rather than treating them as a separate commercial venture. “If you are investing in a project worth Rs10 billion or a project worth Rs5 billion, if you add $100,000 to it to make a carbon credit project, the marginal cost is not that much, but the marginal revenue is quite big.” “Hence, it should be a natural proposition. What we have seen in India, what we have seen in China, the industrialists there, whatever low carbon project they design, they automatically go for carbon credits,” he said. Carbon credits generated through Pakistani projects are generally sold to global buyers, as the market remains largely international, Lalani said. He added that domestic banks had yet to develop dedicated financing products based on carbon credits, with the local banking sector still at an early stage of understanding the market. “Banks do not take a view on carbon credits. I have not come across any such product,” he said. Talking about the evolving international climate rules, Lalani cited the example of the European Union, saying that a very broad-based change was coming into the region under CBAM [Carbon Border Adjustment Mechanism]. “It means that in Pakistan, any products with high carbon intensity, when they are exported to European countries. Europe will impose a carbon tax because of the carbon intensity of your products. So this will have a huge impact on Pakistani textile companies,” he said. The CBAM is a carbon pricing policy that places a fair price on carbon emitted during the production of carbon-intensive goods imported into the European Union. “The way to go about CBAM is… Either the textile companies will pay a carbon tax in Europe, or they should have offsets here. They should be the owners of carbon credits. So that they can show that they have mitigated their carbon emissions,” said Lalani. He said Pakistan needed stronger private-sector capacity and a more developed regulatory framework to attract international investors, who could choose to finance projects in competing markets such as India, Indonesia, China and Malaysia. “Somehow we have not been able to operationalise the policy. The policy framework is there, but the rules are not there, and the associated guidelines are not there,” he said. “The government needs to speed up, expedite that process. Make sure the rules are out there, so it gives enough clarity to everyone involved.” He also called for greater capacity building among industrialists, financial institutions and investors, alongside the operationalisation of a climate change fund at the federal level to channel funding towards low-carbon projects. “Pakistan’s potential is limitless. The only thing is that we need to really come up with a framework that can essentially help the private sector take the next step and also go for carbon credits as a monetisation opportunity,” Lalani said. “The mobilisation that has happened in India, the mobilisation that has happened in China, the mobilisation that has happened in Bangladesh - is Pakistan comes nowhere near.” “We have to take a long-term view on this. Think of it as a monetisation opportunity. And try and create good high-integrity projects for carbon markets,” Lalani concluded. [...]

Japan's Nikkei on track for best week in 5 months despite Nvidia turmoil
November 13, 2026 6:39
Japan's Nikkei on track for best week in 5 months despite Nvidia turmoil

TOKYO: Japan’s Nikkei share average was on track for its best week in five months on Friday, rebounding from a sharp drop the previous week as upbeat earnings and renewed AI optimism lifted sentiment, despite turmoil surrounding chipmaker Nvidia. The Nikkei was up 1.25% at 61,576.91, as of 0140 GMT, putting the index on track to finish the week with a 7.3% weekly gain, its biggest since the week of June 15. The broader Topix advanced 0.63% to 3,962.08 and was headed for a weekly gain of about 7%, its strongest since mid-August 2024. Semiconductor stocks led the Nikkei’s advance, with Advantest gaining 5.9%, Tokyo Electron rising 3% and Kioxia adding 2.9%. The gains came despite a selloff in Nvidia shares overnight, which dragged US stocks lower. However, rival chipmakers Broadcom and Alphabet rose, suggesting investor optimism about the broader AI sector remained intact. “The rise in semiconductor- and AI-related shares, which had been under pressure for a relatively long period, appears to have been a factor behind this week’s gains in the Nikkei average and Topix,” said Maki Sawada, equities strategist at Nomura Securities. Reports surrounding Nvidia CEO Jensen Huang’s departure have also raised questions about the company’s future direction and the implications for US chip export policy and access to the Chinese market. Japanese shares had already weakened in the previous session amid concerns over the Nvidia developments, helping set the stage for Friday’s recovery, Sawada said. The market breadth was positive, with 138 advancers in the Nikkei 225, against 82 decliners and 5 unchanged stocks. Banking shares on the Tokyo bourses gained 1%, tracking a rise in US Treasury yields amid speculation about potential US rate hikes. Japan’s three largest banks were due to report earnings later in the day. The largest percentage gainers in the index were Amada Co up 9.46%, followed by Socionext gaining 6.77% and Trend Micro up by 6.61%. The largest losers were Terumo, down 7.39%, followed by Haseko, trading 6.12% lower, and Mercari , which lost 3.68%. [...]

PSX: buying at bourse, KSE-100 gains over 600 points
November 13, 2026 6:34
PSX: buying at bourse, KSE-100 gains over 600 points

Buying was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 600 points during trading on Friday. At 11:30am, the benchmark index stood at 177,994.45, up 620.69 points, or 0.35%. Key sectors saw buying, including commercial banks, oil and gas exploration companies, OMCs, and refineries. Index-heavy stocks, including ARL, PRL, MARI, POL, PSO, SSGC, HBL, MCB, NBP and UBL, traded in the green. On Thursday, PSX witnessed a volatile session as the market reversed its early gains and closed sharply lower. Renewed selling pressure after midday wiped out the gains, amid investor caution over domestic political uncertainty. The KSE-100 Index declined by 1,710.04 points, or 0.95%, to close at 177,373.76 points. Globally, stocks in Asia were on steadier footing on Friday after a turbulent week dominated by ​revelations of extramarital affairs involving Nvidia CEO Jensen Huang that culminated in his resignation, in a blow to the global AI boom he helped advance. US Treasury ‌yields climbed, with the 2-year yield hitting a one-month high, lifting the dollar as investors weighed the prospect of an outsized 50-basis-point rate hike by the Federal Reserve next month. Huang stepped down on Thursday after reports of the affair, including one involving a suspected Chinese spy, which plunged the chipmaker into crisis and sent shockwaves through the AI industry. His exit could have far-reaching consequences for US chip export policy and the broader AI ​industry and supply chain, given Huang’s push to preserve access to the Chinese market as well as his close ties with US President Donald Trump. Nvidia shares fell 3% in extended trading, while those of its customers, including South ​Korea’s Naver, extended declines on Friday, with Naver down 2.75%. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.26%, reversing some of its 1.3% fall ​from the previous session. South Korea’s Kospi rose 2.35% while Japan’s Nikkei added 1.4%. The recovery in global equities also follows last week’s market meltdown sparked by the Republicans’ electoral ​drubbing, which stoked fears that tighter regulation could slow the AI infrastructure buildout that has helped send stocks to record highs this year. Nasdaq futures and S&P 500 futures rose more than 0.2% each, while ‌EUROSTOXX 50 ⁠futures fell 0.37%. This is an intraday update [...]

Sindh registers 40x rise in third-party motor insurance policies
November 13, 2026 6:32
Sindh registers 40x rise in third-party motor insurance policies

The number of third-party motor insurance policies issued in Sindh has increased from 11,200 in March 2026 to 452,515 by November, representing growth of approximately 3,940% in eight months, the Securities and Exchange Commission of Pakistan (SECP) said on Friday. The increase follows amendments to provincial motor vehicle legislation in March, making third-party insurance mandatory for vehicles registered in Sindh. The reform was introduced by the Sindh government with support from the SECP To support implementation, the SECP established the Motor Insurance Repository, a digital system that enables authorities to verify insurance policies. The repository enables digital verification of insurance policies and links them with Sindh’s vehicle registration and taxation systems. This has helped increase policy issuance following the legal reform. According to the statement, third-party motor insurance provides financial protection to people affected by road accidents. Subject to the terms of the policy and applicable law, it covers liability for injury, death or property damage caused to others. It does not cover damage to the policyholder’s own vehicle. Sindh has nearly 2.6 million registered vehicles, leaving significant scope to expand insurance coverage further. The increase in policies reflects progress in strengthening compliance and improving financial protection for road users. Continued public awareness, effective enforcement and accessible insurance products will be important to sustain this progress. “Third-party motor insurance helps road accident victims and their families access compensation,” SECP Chairman Dr Kabir Ahmed Sidhu said. “Building on Sindh’s progress, we are engaging with the Federal Government and the governments of Punjab and other provinces to support similar laws and enforcement measures. We aim to make this insurance mandatory across Pakistan.” [...]

Pakistan seeks two LNG cargoes for Dec, Jan as winter looms
November 13, 2026 6:20
Pakistan seeks two LNG cargoes for Dec, Jan as winter looms

State-owned Pakistan LNG Limited (PLL) has invited bids from reputed international suppliers for the supply of two liquefied natural gas (LNG) cargoes on a Delivered Ex-Ship (DES) basis at Port Qasim, Karachi. According to the tender notice issued on Thursday, PLL is seeking the cargoes to meet the country’s gas requirements. The first cargo is scheduled for delivery during December 14-16, 2026, while the second cargo is scheduled for delivery during January 9-11, 2027. PLL, which is owned by the Government of Pakistan, has the mandate to procure LNG to meet the country’s gas requirements. Pakistan has intensified efforts to secure discounted liquefied natural gas (LNG) from Qatar under existing long-term contracts as winter demand looms and ongoing disruptions in the Strait of Hormuz threaten global energy supply chains. The development came days after PLL considered and declined two spot LNG cargo bid offers scheduled for delivery in December 2026 and January 2027. On Tuesday, PLL received two bids for the LNG supply for December. Total Energies Gas & Power Limited quoted a bid offer of USD 27.30 per MMBtu, while Qatar Energy Trading LLC quoted a bid offer of USD 31 per MMBtu. Total Energies Gas & Power Limited was declared the lowest evaluated bidder for the window. For the second cargo for the delivery window of January 2027, Total Energies Gas & Power Limited quoted a bid offer of Rs24,281,600,000 or USD 27.1 per MMBtu and was declared the lowest evaluated bidder. [...]

Wheat rebounds from 4-1/2-month low on Black Sea supply concerns
November 13, 2026 6:18
Wheat rebounds from 4-1/2-month low on Black Sea supply concerns

CANBERRA: Chicago wheat futures rose on Friday after slipping to a 4-1/2-month low in early trade, as continued disruption to Black Sea exports outweighed pressure from a stronger US dollar and expectations of large harvests in Australia and Argentina. Corn and soybean futures rose and were on track for weekly gains after the US Department of Agriculture tightened its US supply outlook for both crops on Tuesday, lifting prices from multi-month lows. The most-traded wheat contract on the Chicago Board of Trade (CBOT) was up 1.1% at $5.90-1/2 a bushel at 0352 GMT, after falling to $5.82, the lowest since June 30, earlier in the session. CBOT corn was up 0.9% at $4.46-1/2 a bushel, heading for a weekly gain of 1.2%, while soybeans climbed 0.9% to $12.29-1/2 a bushel and were 3% above last Friday’s close. CBOT wheat was on track to end the week 0.1% lower, extending a slide that has dragged prices down around 25% from highs in September. The US dollar held near a 1-1/2-year peak against a basket of other currencies, bolstered by expectations of higher US interest rates. A stronger greenback can weaken US export demand by making dollar-denominated crops costlier for overseas buyers. Cheap wheat from Argentina, whose harvest is beginning, is pushing the market lower. Argentina’s Rosario Grains Exchange on Thursday raised its 2026/27 wheat production forecast by 500,000 metric tons to 24.3 million tons due to better-than-expected weather conditions. Australia is also ramping up a harvest expected to produce around 32 million tons, several million tons more than many predicted earlier in the growing season. However, wheat supply from Russia and Ukraine remains restricted due to attacks on shipping in the Black Sea, a problem that peace talks this week failed to resolve. The long-term closure of Black Sea grain exports will cause supply shortages, analysts say. “If wheat starts flowing through the Black Sea, there’s likely more downside for prices,” said Rod Baker, an analyst at Bendigo Bank. “If it doesn’t, we’re getting close to a price floor now.” [...]

ADNOC's second pipeline to be competed by around January, Inpex executive says
November 13, 2026 6:12
ADNOC's second pipeline to be competed by around January, Inpex executive says

TOKYO: Abu Dhabi National Oil Company (ADNOC) is expected to complete a second crude oil pipeline by around January, doubling the capacity of its existing onshore pipeline to about 3.6 million barrels per day (bpd), an Inpex executive said. The existing pipeline has a capacity of about 1.8 million bpd and transports crude from inland oil fields, Inpex Senior Executive Vice President Toshiaki Takimoto said on Thursday. A third pipeline is also planned, with completion expected around 2029, he said. Inpex may consider supporting an expansion of the United Arab Emirates’ crude oil pipeline if requested, depending on whether it can ensure smooth shipments of crude in which it has an interest, he said ADNOC was not immediately available for comment outside office hours. [...]

China's yuan inches higher as companies convert cash holdings
November 13, 2026 6:08
China's yuan inches higher as companies convert cash holdings

SHANGHAI: China’s yuan inched higher against the dollar on Friday as seasonal foreign exchange settlements by companies outweighed broad dollar strength, which was fueled by growing investor bets that the Federal Reserve will raise interest rates in December. The dollar held near a 19-month high and Treasury yields also rose, after US President Donald Trump said the United States does not need a deal with Iran, prompting some investors to weigh the possibility of an outsized 50-basis-point Fed rate hike next month. However, the dollar’s strength was offset by increasing “sell-on-rally” orders from domestic corporate clients, who took advantage of the firmer dollar as many began converting more foreign exchange toward the year-end, currency traders said. Chinese exporters typically convert a larger share of their foreign exchange earnings into yuan toward the end of the year and ahead of the Lunar New Year, driven by accounting and administrative requirements, as well as seasonal demand for cash to fund bonus payments and holiday-related expenses. The jump in conversions usually leads to a rise in the yuan in December and January.  “Exporters continue to sell into upticks of the USD/CNY, creating a convincing environment for CNY appreciation to continue,” said Lynn Song, chief economist for Greater China at ING. “Considering the foreign currency left abroad over the past few years, and incoming foreign currency receivables with China’s trade surplus set to hit a new record high in 2026 and remain strong in 2027, the stage is set for further CNY appreciation.” In the spot market, the onshore yuan was 0.05% higher at 6.6711 per dollar as of 0345 GMT, while its offshore counterpart was last at 6.6719. Prior to the market opening, the People’s Bank of China (PBOC) set the midpoint rate at 6.7152 per dollar, 396 pips weaker than a Reuters estimate of 6.6756. The spot yuan is allowed to trade a maximum of 2% either side of the fixed midpoint each day. Based on Friday’s official midpoint, the CFETS yuan basket index,, which tracks the yuan’s trade-weighted value, rose to a 4-1/2-year high of 104.43 and gained 6.6% year-to-date, according to Reuters calculations based on official data. Separately, currency traders said they were closely watching the Japanese yen, which was near the key 160-per-dollar threshold, as any official intervention to defend the currency could affect global currency markets. [...]

India bonds under pressure before debt supply; hot inflation prints pinch further
November 13, 2026 6:06
India bonds under pressure before debt supply; hot inflation prints pinch further

MUMBAI: Indian government bonds came under heavy selling pressure in early trades on Friday ahead of fresh supply of the benchmark paper, while inflation in India crossing the central bank’s target and elevated US inflation clouded the interest-rate outlook. The benchmark 6.94% 2036 bond yield was 7.3113% as of 10:00 a.m. IST, up from 7.2467% on Thursday. The yield has risen by more than 16 basis points over the last three sessions. New Delhi plans to sell 340 billion rupees ($3.62 billion) of the benchmark 2036 paper later in the day, taking its outstanding issuance to 2.72 trillion rupees, the highest for any security ever. “Investors are turning cautious ahead of the auction, especially with sticky inflation in both India and the United States raising doubts over larger-size interest rate hikes,” a trader with a primary dealership said. US yields climbed on Thursday after President Donald Trump said Washington did not need to strike a deal with Iran, adding to concerns that geopolitical tensions could keep oil prices elevated and complicate the inflation outlook. The move followed stronger-than-expected October consumer price data, which prompted markets to increase bets that the Federal Reserve could opt for a larger-than-usual hike on December 9. The 10-year Treasury yield rose decisively above 5% on Thursday and stayed elevated during Asian hours, with traders pricing in a 15% chance of a 50-basis-point move, up from zero a week earlier. In India, the inflation backdrop has also turned less favourable. Annual retail inflation accelerated to 6.09% in October from 5.54% in September, surpassing the 5.93% forecast in a Reuters poll and the Reserve Bank of India’s medium-term inflation target of 4%. The data reinforced expectations that the Reserve Bank of India will follow up its October rate increase — its first in nearly four years — with another hike in early December. [...]

Gold rises on bargain hunting but heads for weekly decline
November 13, 2026 6:00
Gold rises on bargain hunting but heads for weekly decline

Gold rose on Friday as bargain hunting emerged after prices hit a more than one-year low in the previous session, while market focus shifted to upcoming US inflation data. Spot gold climbed 1.1% to $3,918.59 per ounce by 0518 GMT, but has lost 3.6% so far this week. US gold futures for December delivery gained 1% to $3,922.60. “Today’s move is more of a positioning adjustment, given that several intraday short-term momentum indicators had kind of hit an extreme oversold level after yesterday’s dramatic fall,” said Kelvin Wong, a senior market analyst at OANDA. “A short-term driver that could be bullish for gold will be a sudden turn of the US Treasury yield, that would potentially slow down the US dollar.” Spot gold prices hit their lowest level since October 2025 on Thursday as oil prices climbed on fading hopes for peace in the Middle East, spurring fears of higher inflation and elevated interest rates. Markets see an 89% chance of a 25-basis-point US rate hike in December, while the probability of a larger 50-basis-point move is priced at 11%, according to CME’s FedWatch tool. Although gold is typically seen as an inflation hedge, higher interest rates increase the opportunity cost of holding non-yielding bullion, reducing its appeal to investors. Federal Reserve Bank of New York President John Williams said on Thursday more rate hikes are likely as the US central bank seeks to lower high levels of inflation in an otherwise healthy economy. Data showed the number of Americans filing new claims for unemployment benefits increased more than expected last week, but remained at a level consistent with a stable labour market. Market participants now await the US Producer Price Index data due at 1330 GMT. Among other metals, spot silver rose 0.5% to $50.27 and palladium climbed 1.8% to $1,011.65, but both were headed for weekly declines. Spot platinum gained 1% to $1,533.29 and was on track for a modest weekly gain. [...]

Palm rangebound, but poised for first weekly gain in three weeks
November 13, 2026 5:58
Palm rangebound, but poised for first weekly gain in three weeks

KUALA LUMPUR: Malaysian palm oil futures traded in a tight range on Friday, but remained on course for their first weekly gain in three weeks as traders awaited price outlooks at a key industry conference and details of a planned Indonesian service fee. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 7 ringgit, or 0.16%, to 4,447 ringgit ($1,091.02) a metric ton by the midday break. The contract has risen 3.95% so far this week. Market participants stayed cautious ahead of fresh price forecasts from leading analysts at the Indonesian Palm Oil Conference, a Kuala Lumpur-based trader said. “Sentiment was further restrained by uncertainty surrounding reports of a new service fee by Danantara Sumberdaya Indonesia, with market participants awaiting further details on its potential impact on the palm oil industry,” the trader said. Dalian’s most-active soyoil contract gained 0.31%, while its palm oil contract added 0.95%. Soyoil prices on the Chicago Board of Trade were up 0.3%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. The ringgit, palm’s currency of trade, weakened 0.15% against the dollar, making the commodity slightly cheaper for buyers holding foreign currencies. Oil prices were mixed, but set for a second weekly decline, as US plans to continue its Iranian blockade reduced the chance of renewed large-scale fighting that could disrupt Middle East supplies. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. Palm oil may retrace towards 4,382 ringgit per metric ton, following its failure to break a resistance at 4,471 ringgit, Reuters technical analyst Wang Tao said. [...]

Indian rupee faltering rally faces returning oil pressure, surging US yields
November 13, 2026 3:24
Indian rupee faltering rally faces returning oil pressure, surging US yields

MUMBAI: The Indian rupee’s faltering rally faces further challenges on Friday, as rising oil prices revive a key source ​of pressure and surging US yields bolster the dollar. The Indian rupee is expected to open weaker than the 94-per-dollar mark and remain under pressure, after falling below it on Thursday in its biggest daily decline in ​nearly three weeks. The external backdrop is turning less favourable for the ​rupee, which has now faced resistance at the 94-per-dollar ⁠mark for three straight sessions. Brent crude, which had fallen below $90 a ​barrel earlier this week, climbed to $96, after fresh attacks on Saudi ​energy infrastructure and disruptions to shipping through the Strait of Hormuz. Meanwhile, the 10-year US Treasury yield rose well above the 5% mark after President Donald Trump ​said the United States did not need a deal with ​Iran. US Treasury yields have climbed sharply in recent sessions after higher-than-expected US inflation data ‌strengthened ⁠expectations of further Federal Reserve rate hikes. Markets are fully pricing in a 25-basis-point Fed rate hike in December, with a small probability of a larger 50-basis-point increase. The worries over oil prices and US ​Treasury yields come ​at a ⁠time when the rupee’s recovery is already facing resistance. Thursday’s session offered evidence of that, with the currency ​climbing to an intraday high of 93.60 before coming ​under ⁠pressure and slipping past the 94-per-dollar mark. Bankers said the rupee’s inability to extend its rally in recent days despite robust equity inflows has ⁠fuelled speculation ​that the Reserve Bank of India ​may be buying dollars, while oil companies could be returning to the spot market ​to meet their dollar requirements. [...]

Security forces kill 31 terrorists in Balochistan operation: ISPR
November 13, 2026 6:50
Security forces kill 31 terrorists in Balochistan operation: ISPR

Security forces have killed 31 terrorists in an intelligence-based operation in the Kurram area of Quetta district, the Inter-Services Public Relations (ISPR) said on Friday. According to the military’s media wing, security forces have been conducting a comprehensive intelligence-based area sanitisation operation in the area since November 3 against what it described as Indian-backed terrorist groups. During the operation, security forces engaged multiple terrorist hideouts and killed 31 terrorists following several engagements, the ISPR said. Weapons, ammunition and explosives were also recovered from the hideouts, it added. Prime Minister Shehbaz Sharif praised security forces for the operation, commending their personnel for killing 31 terrorists and destroying multiple hideouts. In a statement issued by the Prime Minister’s Office, Shehbaz also lauded the professionalism and courage of security personnel for recovering a large quantity of weapons, ammunition and explosives during the operation. The prime minister said security forces were working round the clock to thwart the designs of elements hostile to the country. He reiterated that the fight against foreign-sponsored terrorism would continue with full force under the National Action Plan until its complete elimination. The ISPR said the counterterrorism campaign under the vision of “Azm-e-Istehkam”, approved by the Federal Apex Committee on the National Action Plan, would continue at full pace to eliminate foreign-sponsored and supported terrorism from the country. [...]

Australian dollar plumbs 10-month lows as US yields keep climbing
November 13, 2026 6:48
Australian dollar plumbs 10-month lows as US yields keep climbing

SYDNEY: The Australian dollar was pinned near a 10-month low on Friday as US yields kept climbing on growing bets of a half-point Federal Reserve hike, while falling commodity prices and fading yield support added to the drag. The Aussie slipped 0.1% to $0.68, after falling as much as 0.6% overnight to $0.6798, the lowest level since late January. It broke critical support at $0.6835, with bears now eyeing $0.67. For the week, it is down 0.8%. The kiwi dollar also eased 0.1% to $0.5543, having slipped 0.3% overnight. That left it within striking distance of a 19-month low of $0.5529, with near-term resistance around $0.5575. For the week, it is roughly flat. The two have been pressured by an ascending US dollar that is hovering at the highest level since April last year on the back of sharply higher Treasury yields, as markets nudged up bets for an outsized 50-basis-point rate hike from the Federal Reserve next month to 15%, from 12% a day earlier. The Aussie was also feeling the added weight from bets that Reserve Bank of Australia is done tightening policy and the selloff in stock markets triggered by the upheaval at chip giant Nvidia. Copper prices also fell to four-month lows. “The Aussie has proven to be particularly vulnerable to the steep rise in US yields,” said Sean Callow, senior FX analyst at ITC Markets, adding that it is at risk of testing 67 cents unless US yields fall. “The RBA’s implicit message that the next live policy meeting is no sooner than February leaves AUD exposed, with the Aussie’s 2-year yield premium over the US dollar down a full percentage point since April.” The premium of Australia’s 2-year government bond yield over Treasuries narrowed to just 3 basis points, down from 36 bps last week when the RBA raised interest rates for a fifth time this year but dropped its tightening bias. Across the Tasman Sea, the Reserve Bank of New Zealand is widely expected to lift interest rates by a quarter-point in December to 3%, with two additional rate hikes priced in by the end of next year. [...]

Australian shares retreat as oil surges, banks and miners weigh
November 13, 2026 6:45
Australian shares retreat as oil surges, banks and miners weigh

Australian shares extended their decline for a second day on Friday, as most sectors traded in negative territory with banks and miners shedding the most, while investor sentiment was hampered by resurgent geopolitical tensions. The S&P/ASX 200 was down 0.5% at 9,101.70 by 2321 GMT. The index ended 0.1% lower on Friday, but was on pace to book a third consecutive weekly gain with a roughly 1% jump. Earlier this week, Australian markets rallied alongside their global peers when oil prices hit multi-month lows after US President Donald Trump downplayed the likelihood of renewed strikes on Iran. However, escalating attacks on energy infrastructure in top crude producer Saudi Arabia and shipping disruptions at the Strait of Hormuz lifted oil prices on the day. That renewed inflationary pressures, which have rattled world economies since the start of the Iran war earlier this year. Yields on short-term government bonds, which typically move in tandem with central bank rate expectations, advanced on Friday, with the 1-year yield up at 4.966%. On the economic front, investors will be looking out for monthly employment figures due next week. Australian shares tick down as miners slip, banks limit losses Mining stocks tracked lower base metal prices to fall 0.9%, with BHP and Rio Tinto slipping 0.6% and 0.9%, respectively. The sector was, however, poised for a 1.8% weekly rise. Financials fell 0.6% after all “Big Four” banks traded in the red, with the sub-index on track to log its second consecutive weekly loss. Technology stocks slipped 1.2% to mirror overnight losses in the tech-heavy Nasdaq Composite. US markets were pressured by a drop in AI chipmaker Nvidia following CEO Jensen Huang’s resignation. Energy stocks were among the few outliers to jump 1.1%. Shares of Woodside Energy and Santos added more than 1% each. In New Zealand, the S&P/NZX 50 fell 0.3% to 14,210.10, retreating from a record high on Thursday. The index was, however, poised for a 1.4% weekly advance. [...]

How can carbon credits add up to 20% to revenues of green projects in Pakistan?
November 13, 2026 6:41
How can carbon credits add up to 20% to revenues of green projects in Pakistan?

Carbon credits could generate additional revenues equivalent to 10% to 20% of project earnings for qualifying low-carbon investments in Pakistan, offering ventures an additional source of income from renewable energy, electric vehicles, battery storage and agriculture, the chief executive of climate finance firm Resources Future said. Carbon credits, also known as carbon offsets, are tradable certificates representing the reduction or removal of one tonne of carbon dioxide equivalent (CO2e) from the atmosphere. They allow businesses and other entities to compensate for their greenhouse gas emissions by supporting projects that reduce or remove emissions elsewhere, including afforestation, mangrove restoration and renewable energy initiatives. Such credits are issued following certification and verification under recognised standards, with international organisations such as Verra and Gold Standard playing a key role in assessing projects and ensuring the credibility of emissions reductions. Pakistan is developing its carbon market as part of efforts to meet its climate commitments, attract green investment and transition towards a low-carbon economy. The country’s carbon market became operational in early 2025 following the approval of federal guidelines under Article 6 of the Paris Agreement, which provides a framework for international cooperation on emissions reduction. “Anything which is a low-carbon project can essentially get you carbon credits,” said Khurram Lalani, director and chief executive of Resources Future, in an interview with Business Recorder. “Think about carbon credits as a commodity, like gold, silver or copper. Carbon credits are also a commodity.” Lalani said carbon credits could provide an additional monetisation stream for businesses already investing in environmentally friendly projects, helping them recover operating and maintenance costs while improving overall project economics. “If you are investing anyway, you can consider this as the cherry on top. This is not the whole cake, but a cherry on top.” He estimated that carbon credits could contribute an additional 10% to 15% in revenues for qualifying projects, with the potential to reach 20% in some cases. “If you have a Rs10 billion project, you are not going to earn Rs10 billion on Rs10 billion. But what it does is that it will give you enough potential to substantiate your topline with 10 to 15% of revenues, in general,” he said. “Your OPEX, your operations, your O&M costs, at least recover from these things.” Lalani said the opportunity extended beyond conventional renewable energy investments to electric vehicles, battery energy storage systems (BESS), biodiesel manufacturing, forestry and agriculture. “We have our own agroforestry project which is around mango restoration,” he said. Solar and wind projects, for instance, could generate carbon credits by displacing electricity produced through diesel, furnace oil and natural gas, while electric vehicles (EV) could qualify by replacing petrol-powered transport. “Think about your EVs, electric vehicles. They displace petrol. That’s a low-carbon project; you can earn carbon credits,” Lalani said. “Anything which displaces or sequesters carbon can be converted into a project that can earn carbon credits.” He said Resources Future was working with project developers involved in battery energy storage systems and electric vehicle projects, including businesses importing electric buses and manufacturing electric motorcycles. The firm has also supported a large biodiesel manufacturing facility under construction in Pakistan, which has applied for carbon credits, he said. “We are helping them out. The idea is that there can be two revenue streams for example, if you sell biodiesel, the project sponsors of biodiesel can also monetise with carbon credits. Hence, carbon credits essentially gives you another monetisation rail on which you can do monetisation,” he said. Despite the potential, Pakistan has been slower than regional competitors in developing carbon credit projects and attracting private investment, he said. “Pakistan has not been very active when it comes to carbon credit projects, but I think there are reasons for that as well.” Comparing Pakistan with India, China and Bangladesh, Lalani said businesses in those countries had developed a better understanding of carbon credits as a monetisation opportunity. “In Pakistan, generally, that capacity does not exist, where our industrialists will be able to understand exactly what carbon credits are.” He attributed the gap partly to limited awareness and technical expertise among local businesses, as well as a reluctance to invest in unfamiliar opportunities. “In Pakistan, the risk-taking ability is not very prominent, whereas foreign businesses are generally more keen to invest in something new because they understand that there is risk, but there are also returns. “In Pakistan, we have been very much focused on the existing business opportunities, and we don’t really consider moving in a new direction, where there is a little more cost incurred. But the Pakistani market is opening up and is going to flourish also,” he said. Another obstacle has been the cost of developing carbon credit projects, which requires technical documentation, independent verification and registration with international carbon credit registries. Lalani said a typical carbon credit project could cost around $100,000 to develop. “If you hire an outside consultant from Europe, you would essentially incur, just in the consulting fees, around $200,000 to $250,000,” he said. “What we have done is that we have been able to bring that cost down to less than $100,000.” He said businesses should consider carbon credit development expenses as part of the overall investment cost of low-carbon projects rather than treating them as a separate commercial venture. “If you are investing in a project worth Rs10 billion or a project worth Rs5 billion, if you add $100,000 to it to make a carbon credit project, the marginal cost is not that much, but the marginal revenue is quite big.” “Hence, it should be a natural proposition. What we have seen in India, what we have seen in China, the industrialists there, whatever low carbon project they design, they automatically go for carbon credits,” he said. Carbon credits generated through Pakistani projects are generally sold to global buyers, as the market remains largely international, Lalani said. He added that domestic banks had yet to develop dedicated financing products based on carbon credits, with the local banking sector still at an early stage of understanding the market. “Banks do not take a view on carbon credits. I have not come across any such product,” he said. Talking about the evolving international climate rules, Lalani cited the example of the European Union, saying that a very broad-based change was coming into the region under CBAM [Carbon Border Adjustment Mechanism]. “It means that in Pakistan, any products with high carbon intensity, when they are exported to European countries. Europe will impose a carbon tax because of the carbon intensity of your products. So this will have a huge impact on Pakistani textile companies,” he said. The CBAM is a carbon pricing policy that places a fair price on carbon emitted during the production of carbon-intensive goods imported into the European Union. “The way to go about CBAM is… Either the textile companies will pay a carbon tax in Europe, or they should have offsets here. They should be the owners of carbon credits. So that they can show that they have mitigated their carbon emissions,” said Lalani. He said Pakistan needed stronger private-sector capacity and a more developed regulatory framework to attract international investors, who could choose to finance projects in competing markets such as India, Indonesia, China and Malaysia. “Somehow we have not been able to operationalise the policy. The policy framework is there, but the rules are not there, and the associated guidelines are not there,” he said. “The government needs to speed up, expedite that process. Make sure the rules are out there, so it gives enough clarity to everyone involved.” He also called for greater capacity building among industrialists, financial institutions and investors, alongside the operationalisation of a climate change fund at the federal level to channel funding towards low-carbon projects. “Pakistan’s potential is limitless. The only thing is that we need to really come up with a framework that can essentially help the private sector take the next step and also go for carbon credits as a monetisation opportunity,” Lalani said. “The mobilisation that has happened in India, the mobilisation that has happened in China, the mobilisation that has happened in Bangladesh - is Pakistan comes nowhere near.” “We have to take a long-term view on this. Think of it as a monetisation opportunity. And try and create good high-integrity projects for carbon markets,” Lalani concluded. [...]

Japan's Nikkei on track for best week in 5 months despite Nvidia turmoil
November 13, 2026 6:39
Japan's Nikkei on track for best week in 5 months despite Nvidia turmoil

TOKYO: Japan’s Nikkei share average was on track for its best week in five months on Friday, rebounding from a sharp drop the previous week as upbeat earnings and renewed AI optimism lifted sentiment, despite turmoil surrounding chipmaker Nvidia. The Nikkei was up 1.25% at 61,576.91, as of 0140 GMT, putting the index on track to finish the week with a 7.3% weekly gain, its biggest since the week of June 15. The broader Topix advanced 0.63% to 3,962.08 and was headed for a weekly gain of about 7%, its strongest since mid-August 2024. Semiconductor stocks led the Nikkei’s advance, with Advantest gaining 5.9%, Tokyo Electron rising 3% and Kioxia adding 2.9%. The gains came despite a selloff in Nvidia shares overnight, which dragged US stocks lower. However, rival chipmakers Broadcom and Alphabet rose, suggesting investor optimism about the broader AI sector remained intact. “The rise in semiconductor- and AI-related shares, which had been under pressure for a relatively long period, appears to have been a factor behind this week’s gains in the Nikkei average and Topix,” said Maki Sawada, equities strategist at Nomura Securities. Reports surrounding Nvidia CEO Jensen Huang’s departure have also raised questions about the company’s future direction and the implications for US chip export policy and access to the Chinese market. Japanese shares had already weakened in the previous session amid concerns over the Nvidia developments, helping set the stage for Friday’s recovery, Sawada said. The market breadth was positive, with 138 advancers in the Nikkei 225, against 82 decliners and 5 unchanged stocks. Banking shares on the Tokyo bourses gained 1%, tracking a rise in US Treasury yields amid speculation about potential US rate hikes. Japan’s three largest banks were due to report earnings later in the day. The largest percentage gainers in the index were Amada Co up 9.46%, followed by Socionext gaining 6.77% and Trend Micro up by 6.61%. The largest losers were Terumo, down 7.39%, followed by Haseko, trading 6.12% lower, and Mercari , which lost 3.68%. [...]

'Utter nonsense', Australia skipper Cummins denies involvement in sandpaper plot
November 13, 2026 6:36
'Utter nonsense', Australia skipper Cummins denies involvement in sandpaper plot

SYDNEY: Australia captain Pat Cummins again denied on Friday any involvement in the plot to use sandpaper on the ball in a test against South Africa in 2018, describing the allegations in Usman Khawaja’s autobiography as “utter nonsense”. Former Australia batsman Khawaja, whose autobiography was published on Tuesday, said last weekend that all the players in the team at Newlands knew about the plot, triggering calls for a new investigation into the incident. “When he says we all knew, if by that he means that we knew sandpaper was going out in the field, he’s 100% wrong. I’ve said that consistently for the last eight years,” Cummins told a press conference in Sydney. “I did not know that was happening, but I think Usman actually says things that are actually far more serious than that. “He says that I and others were architects of a scheme to ball tamper with sandpaper. That’s complete and utter nonsense. “There was no master plan around using illegal methods,” he added. “There’s no grand plan. There’s no team meeting. There’s no bowlers saying ‘this is what must happen’.” The Australia skipper spoke for 68 minutes, taking every question from the media and saying he would never discuss the ball-tampering incident again. Cummins also took exception to Khawaja’s contention in the book that the colour of his skin and background had prevented him from becoming Australia captain. “I think of all the things that I’ve read this week, I think that’s actually the most serious,” he said. “Him saying that if you’re Australian captain, you have to be a certain skin colour, I couldn’t disagree with that statement any more.” Steve Smith and David Warner, the then Australia captain and vice-captain, were banned by Cricket Australia from elite cricket for a year for their roles in the ball-tampering. Opening batter Cameron Bancroft, who brought a piece of sandpaper onto the field, received a nine-month suspension for his part in the ball-tampering. “I was genuinely shocked this week when I found out that Usman admitted that he told Cam to be careful when using sandpaper. That’s not the Usman that I know,” Cummins said. “It’s not the Usman that has helped rebuild the Australian cricket culture over the last eight years.” Later on Friday, Warner said the trio had paid a heavy price for the incident and revealed that his wife Candice had lost a baby in the aftermath of what became known as “Sandpapergate”. “I still stick by Uzzie and what he has written in that book. It is the truth,” the former test opener said in TV commentary ahead of a one-day international between Australia and England. “I actually feel for (Khawaja) at the moment. I actually feel that the captain today threw Uzzie under the bus and I’m very disappointed by that.”   “Casual with lives and reputations”  Cummins was asked about Khawaja’s recollection that two players had rejected the batsman’s call for the team to take collective responsibility for the ball-tampering. “I don’t remember any conversation around collective responsibility,” he said. “So then, I’ve got no idea who those two people would be because I don’t remember ever being asked or having a conversation about it.” Khawaja and Warner have also been critical of the Cricket Australia investigation in 2018 that found the three punished players solely responsible for the plot. “I got asked to be part of that review,” Cummins said. Khawaja denies throwing ‘anyone under the bus’ with comments about ball-tampering scandal “I was totally truthful. I’ve been very consistent since then at that event till now. Nothing’s changed.” Earlier this week, the head of Cricket Australia ruled out opening another investigation into the 2018 incident. Cummins said he respected the right of Khawaja to tell his story in the autobiography but felt some of the allegations were very serious and had to be addressed. “Usman’s a friend, but friends aren’t casual with each other’s lives and reputations,” he said. “In his book, Uzzie has been casual with my life and the lives of many others, and I think Australian cricket.” Cummins added, though, that he would not be taking legal action against Khawaja over the allegations in the book. “I did get advised this week that some of the things that’ve been said are probably defamatory, but I won’t be doing that,” Cummins said. “You’ve got to move on. It’s been eight years. We’re moving on. So you got to draw a line at some point.” [...]

PSX: buying at bourse, KSE-100 gains over 600 points
November 13, 2026 6:34
PSX: buying at bourse, KSE-100 gains over 600 points

Buying was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 600 points during trading on Friday. At 11:30am, the benchmark index stood at 177,994.45, up 620.69 points, or 0.35%. Key sectors saw buying, including commercial banks, oil and gas exploration companies, OMCs, and refineries. Index-heavy stocks, including ARL, PRL, MARI, POL, PSO, SSGC, HBL, MCB, NBP and UBL, traded in the green. On Thursday, PSX witnessed a volatile session as the market reversed its early gains and closed sharply lower. Renewed selling pressure after midday wiped out the gains, amid investor caution over domestic political uncertainty. The KSE-100 Index declined by 1,710.04 points, or 0.95%, to close at 177,373.76 points. Globally, stocks in Asia were on steadier footing on Friday after a turbulent week dominated by ​revelations of extramarital affairs involving Nvidia CEO Jensen Huang that culminated in his resignation, in a blow to the global AI boom he helped advance. US Treasury ‌yields climbed, with the 2-year yield hitting a one-month high, lifting the dollar as investors weighed the prospect of an outsized 50-basis-point rate hike by the Federal Reserve next month. Huang stepped down on Thursday after reports of the affair, including one involving a suspected Chinese spy, which plunged the chipmaker into crisis and sent shockwaves through the AI industry. His exit could have far-reaching consequences for US chip export policy and the broader AI ​industry and supply chain, given Huang’s push to preserve access to the Chinese market as well as his close ties with US President Donald Trump. Nvidia shares fell 3% in extended trading, while those of its customers, including South ​Korea’s Naver, extended declines on Friday, with Naver down 2.75%. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.26%, reversing some of its 1.3% fall ​from the previous session. South Korea’s Kospi rose 2.35% while Japan’s Nikkei added 1.4%. The recovery in global equities also follows last week’s market meltdown sparked by the Republicans’ electoral ​drubbing, which stoked fears that tighter regulation could slow the AI infrastructure buildout that has helped send stocks to record highs this year. Nasdaq futures and S&P 500 futures rose more than 0.2% each, while ‌EUROSTOXX 50 ⁠futures fell 0.37%. This is an intraday update [...]

Sindh registers 40x rise in third-party motor insurance policies
November 13, 2026 6:32
Sindh registers 40x rise in third-party motor insurance policies

The number of third-party motor insurance policies issued in Sindh has increased from 11,200 in March 2026 to 452,515 by November, representing growth of approximately 3,940% in eight months, the Securities and Exchange Commission of Pakistan (SECP) said on Friday. The increase follows amendments to provincial motor vehicle legislation in March, making third-party insurance mandatory for vehicles registered in Sindh. The reform was introduced by the Sindh government with support from the SECP To support implementation, the SECP established the Motor Insurance Repository, a digital system that enables authorities to verify insurance policies. The repository enables digital verification of insurance policies and links them with Sindh’s vehicle registration and taxation systems. This has helped increase policy issuance following the legal reform. According to the statement, third-party motor insurance provides financial protection to people affected by road accidents. Subject to the terms of the policy and applicable law, it covers liability for injury, death or property damage caused to others. It does not cover damage to the policyholder’s own vehicle. Sindh has nearly 2.6 million registered vehicles, leaving significant scope to expand insurance coverage further. The increase in policies reflects progress in strengthening compliance and improving financial protection for road users. Continued public awareness, effective enforcement and accessible insurance products will be important to sustain this progress. “Third-party motor insurance helps road accident victims and their families access compensation,” SECP Chairman Dr Kabir Ahmed Sidhu said. “Building on Sindh’s progress, we are engaging with the Federal Government and the governments of Punjab and other provinces to support similar laws and enforcement measures. We aim to make this insurance mandatory across Pakistan.” [...]

Jessica Pegula survives Linda Noskova, reaches WTA Finals semis
November 13, 2026 6:30
Jessica Pegula survives Linda Noskova, reaches WTA Finals semis

No. 5 seed Jessica Pegula saved a match point and won the final three games to defeat Linda Noskova of the Czech Republic 7-6 (2), 4-6, 7-5 on Thursday, securing a semifinal berth at the WTA Finals in Indian Wells, Calif. Pegula entered the final Group 1 match knowing a win would send her through regardless of the day’s earlier result. She needed 2 hours, 45 minutes to get it done against Noskova, who had already clinched a semifinal spot. Noskova held a match point with Pegula serving at 4-5 in the third set, but the American survived it, held and then broke for a 6-5 lead before serving out the victory. Pegula finished with a career-high 16 aces. “I needed to survive – I saved a match point, I forgot about that,” Pegula said in her on-court interview. Linda Noskova beats Gauff to reach WTA Finals semis, Pegula stays in hunt “I’m so happy to be back in the semis here in the Finals.” Noskova, the eighth seed, committed a career-high 15 double faults but still finished atop Group 1. She, Pegula and Coco Gauff each went 2-1, with the tiebreaker determined by the percentage of sets won. Noskova went 5-2 in sets, Pegula 5-3 and Gauff 4-3. Pegula advances to the WTA Finals semifinals for the third time in five appearances and will meet Group 2 winner, Russian Mirra Andreeva, on Saturday. It will be their first career meeting. Earlier Thursday, fourth-seeded Gauff did everything she could to stay alive, rallying to defeat Ukrainian alternate Marta Kostyuk 6-4, 7-5. Gauff appeared headed for a third set when Kostyuk raced ahead 5-1 in the second. Instead, the American saved three set points and swept the final six games. Gauff overcame nine double faults and required treatment during the set. “I’m not going to lie, (my) head was already in that third set,” Gauff said. “Then once it got to 5-4, I was like, ‘OK, I can win this set.’ I got a little bit lucky. She gave me a few errors. I’m glad I was able to close that out.” Gauff needed Noskova to beat Pegula to advance, but Pegula’s victory eliminated her hours after she completed her own win. Kostyuk, who entered the field after World No. 1 Elena Rybakina of Kazakhstan withdrew with a viral illness, finished 0-3 without winning a set. Noskova will face the Group 2 runner-up on Saturday in the other semifinal. Aryna Sabalenka of Belarus and Elina Svitolina of Ukraine will meet Friday to determine that spot. [...]

Delhi overtakes Lahore as world's most polluted city as air quality drops
November 13, 2026 6:23
Delhi overtakes Lahore as world's most polluted city as air quality drops

NEW DELHI: India’s capital Delhi overtook Lahore in Pakistan to become the world’s most polluted city on Friday, with air quality reaching hazardous levels and visibility dropping as smog blanketed the city of 20 million people. Air quality index (AQI) in Delhi was “hazardous” at 334, making it the most polluted global major city, according to Swiss group IQAir, which measures air quality levels based on the concentration of toxins. An AQI reading up to 50 is considered good with little or no health risk. India’s official Central Pollution Control Board pegged the AQI higher at 403 and rated it “severe”. Lahore’s smog: Where are the results? The Swiss and Indian readings vary due to the different AQI scales and methodologies used to calculate and classify air pollution levels. Cars and motorcycles emerged from dense smog, which also appeared to obscure street lights on the city’s main roads, videos from news agency ANI showed. Pollution is a seasonal problem in many parts of northern India and neighbouring Pakistan, as the cold, heavy air of winter traps vehicle emissions, construction dust and smoke from agricultural burning. [...]

Pakistan seeks two LNG cargoes for Dec, Jan as winter looms
November 13, 2026 6:20
Pakistan seeks two LNG cargoes for Dec, Jan as winter looms

State-owned Pakistan LNG Limited (PLL) has invited bids from reputed international suppliers for the supply of two liquefied natural gas (LNG) cargoes on a Delivered Ex-Ship (DES) basis at Port Qasim, Karachi. According to the tender notice issued on Thursday, PLL is seeking the cargoes to meet the country’s gas requirements. The first cargo is scheduled for delivery during December 14-16, 2026, while the second cargo is scheduled for delivery during January 9-11, 2027. PLL, which is owned by the Government of Pakistan, has the mandate to procure LNG to meet the country’s gas requirements. Pakistan has intensified efforts to secure discounted liquefied natural gas (LNG) from Qatar under existing long-term contracts as winter demand looms and ongoing disruptions in the Strait of Hormuz threaten global energy supply chains. The development came days after PLL considered and declined two spot LNG cargo bid offers scheduled for delivery in December 2026 and January 2027. On Tuesday, PLL received two bids for the LNG supply for December. Total Energies Gas & Power Limited quoted a bid offer of USD 27.30 per MMBtu, while Qatar Energy Trading LLC quoted a bid offer of USD 31 per MMBtu. Total Energies Gas & Power Limited was declared the lowest evaluated bidder for the window. For the second cargo for the delivery window of January 2027, Total Energies Gas & Power Limited quoted a bid offer of Rs24,281,600,000 or USD 27.1 per MMBtu and was declared the lowest evaluated bidder. [...]

Wheat rebounds from 4-1/2-month low on Black Sea supply concerns
November 13, 2026 6:18
Wheat rebounds from 4-1/2-month low on Black Sea supply concerns

CANBERRA: Chicago wheat futures rose on Friday after slipping to a 4-1/2-month low in early trade, as continued disruption to Black Sea exports outweighed pressure from a stronger US dollar and expectations of large harvests in Australia and Argentina. Corn and soybean futures rose and were on track for weekly gains after the US Department of Agriculture tightened its US supply outlook for both crops on Tuesday, lifting prices from multi-month lows. The most-traded wheat contract on the Chicago Board of Trade (CBOT) was up 1.1% at $5.90-1/2 a bushel at 0352 GMT, after falling to $5.82, the lowest since June 30, earlier in the session. CBOT corn was up 0.9% at $4.46-1/2 a bushel, heading for a weekly gain of 1.2%, while soybeans climbed 0.9% to $12.29-1/2 a bushel and were 3% above last Friday’s close. CBOT wheat was on track to end the week 0.1% lower, extending a slide that has dragged prices down around 25% from highs in September. The US dollar held near a 1-1/2-year peak against a basket of other currencies, bolstered by expectations of higher US interest rates. A stronger greenback can weaken US export demand by making dollar-denominated crops costlier for overseas buyers. Cheap wheat from Argentina, whose harvest is beginning, is pushing the market lower. Argentina’s Rosario Grains Exchange on Thursday raised its 2026/27 wheat production forecast by 500,000 metric tons to 24.3 million tons due to better-than-expected weather conditions. Australia is also ramping up a harvest expected to produce around 32 million tons, several million tons more than many predicted earlier in the growing season. However, wheat supply from Russia and Ukraine remains restricted due to attacks on shipping in the Black Sea, a problem that peace talks this week failed to resolve. The long-term closure of Black Sea grain exports will cause supply shortages, analysts say. “If wheat starts flowing through the Black Sea, there’s likely more downside for prices,” said Rod Baker, an analyst at Bendigo Bank. “If it doesn’t, we’re getting close to a price floor now.” [...]

K-pop's Stray Kids to take 'RUN IT' tour to North America and Europe in 2027
November 13, 2026 6:15
K-pop's Stray Kids to take 'RUN IT' tour to North America and Europe in 2027

SEOUL: Members of the K-pop group Stray Kids are set to perform in some of the biggest venues of their careers, as their extended “RUN IT” world tour moves into more stadiums across North America and Europe in 2027. The North American leg opens in Seattle on May 16, 2027, with the tour also set to include shows in Vancouver, Los Angeles, Paris, London and Barcelona among others, culminating in a summer performance at the San Siro Stadium in Milan. Alongside previously announced shows in Asia, Stray Kids is due to perform in a string of stadiums, according to the schedule from promoter Live Nation Entertainment Inc. “We’re just really glad that we have the chance and opportunity to go further out and show our performances to the people that are waiting,” Bang Chan, who leads the eight-member boy band, said in an interview in Seoul. The tour comes after the group has set a series of commercial milestones that put it alongside some of the world’s top touring and recording acts. In August 2026, Stray Kids became the first act to see all nine of its chart entries go straight to No. 1 on the Billboard 200 with its mini-album “THIS & THAT.” In 2027, the group will play larger venues in several regions than it did on the 2025 tour. Stray Kids will also have to perform without Lee Know, who is due to become the first member to enlist for mandatory South Korean military service in early 2027. Australian members Bang Chan and Felix expressed nostalgia for Sydney, where both grew up, and said they missed hanging out on some of the city’s beaches. Bang Chan said he was open to future collaborations, highlighting the Sydney-based hip-hop collective 1300 as a potential creative partner. “We’re always open, so just give us a call. We could be down to make something,“ said Bang, the Stray Kids leader. Even as the group faces a packed year-end schedule, member Hyunjin said he hoped to make time for a party at Christmas as well as some quieter moments. “At Christmas, I want to put on a coat, wrap a scarf snugly around my neck, and walk through the snow listening to carols,” Hyunjin said. “Then I’d head to an outdoor cafe with a festive Christmas vibe and just sit there quietly with a cup of hot chocolate topped with marshmallows.” [...]

ADNOC's second pipeline to be competed by around January, Inpex executive says
November 13, 2026 6:12
ADNOC's second pipeline to be competed by around January, Inpex executive says

TOKYO: Abu Dhabi National Oil Company (ADNOC) is expected to complete a second crude oil pipeline by around January, doubling the capacity of its existing onshore pipeline to about 3.6 million barrels per day (bpd), an Inpex executive said. The existing pipeline has a capacity of about 1.8 million bpd and transports crude from inland oil fields, Inpex Senior Executive Vice President Toshiaki Takimoto said on Thursday. A third pipeline is also planned, with completion expected around 2029, he said. Inpex may consider supporting an expansion of the United Arab Emirates’ crude oil pipeline if requested, depending on whether it can ensure smooth shipments of crude in which it has an interest, he said ADNOC was not immediately available for comment outside office hours. [...]

China's yuan inches higher as companies convert cash holdings
November 13, 2026 6:08
China's yuan inches higher as companies convert cash holdings

SHANGHAI: China’s yuan inched higher against the dollar on Friday as seasonal foreign exchange settlements by companies outweighed broad dollar strength, which was fueled by growing investor bets that the Federal Reserve will raise interest rates in December. The dollar held near a 19-month high and Treasury yields also rose, after US President Donald Trump said the United States does not need a deal with Iran, prompting some investors to weigh the possibility of an outsized 50-basis-point Fed rate hike next month. However, the dollar’s strength was offset by increasing “sell-on-rally” orders from domestic corporate clients, who took advantage of the firmer dollar as many began converting more foreign exchange toward the year-end, currency traders said. Chinese exporters typically convert a larger share of their foreign exchange earnings into yuan toward the end of the year and ahead of the Lunar New Year, driven by accounting and administrative requirements, as well as seasonal demand for cash to fund bonus payments and holiday-related expenses. The jump in conversions usually leads to a rise in the yuan in December and January.  “Exporters continue to sell into upticks of the USD/CNY, creating a convincing environment for CNY appreciation to continue,” said Lynn Song, chief economist for Greater China at ING. “Considering the foreign currency left abroad over the past few years, and incoming foreign currency receivables with China’s trade surplus set to hit a new record high in 2026 and remain strong in 2027, the stage is set for further CNY appreciation.” In the spot market, the onshore yuan was 0.05% higher at 6.6711 per dollar as of 0345 GMT, while its offshore counterpart was last at 6.6719. Prior to the market opening, the People’s Bank of China (PBOC) set the midpoint rate at 6.7152 per dollar, 396 pips weaker than a Reuters estimate of 6.6756. The spot yuan is allowed to trade a maximum of 2% either side of the fixed midpoint each day. Based on Friday’s official midpoint, the CFETS yuan basket index,, which tracks the yuan’s trade-weighted value, rose to a 4-1/2-year high of 104.43 and gained 6.6% year-to-date, according to Reuters calculations based on official data. Separately, currency traders said they were closely watching the Japanese yen, which was near the key 160-per-dollar threshold, as any official intervention to defend the currency could affect global currency markets. [...]

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 Prime... [...]

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 Court... [...]

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 said... [...]

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 pressed its... [...]

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 military... [...]

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 banned... [...]

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 country... [...]

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 district, the... [...]

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... [...]

New York's Mayor Mamdani prepares new plan to shut down Rikers Island
November 13, 2026 5:29
New York's Mayor Mamdani prepares new plan to shut down Rikers Island

New York’s Mayor Mamdani prepares new plan to shut down Rikers IslandNew York City Mayor Zohran Mamdani is preparing to unveil a new plan to close Rikers Island, potentially delaying the troubled jail complex's shutdown until 2032.According to Politico, the proposal could be released as early as... [...]

Howard Lutnick agrees to face Congress over Nvidia's alleged Chinese spy links
November 13, 2026 5:09
Howard Lutnick agrees to face Congress over Nvidia's alleged Chinese spy links

Howard Lutnick agrees to face Congress over Nvidia's alleged Chinese spy linksUS Commerce Secretary Howard Lutnick has agreed to testify before Congress amid growing concerns over Nvidia's ties to China and possible national security risks.According to NBC News, Lutnick confirmed his willingness... [...]

Chris Van Hollen announces Senate leadership bid, challenging Chuck Schumer
November 13, 2026 4:47
Chris Van Hollen announces Senate leadership bid, challenging Chuck Schumer

Chris Van Hollen announces Senate leadership bid, challenging Chuck SchumerMaryland Senator Chris Van Hollen has announced he will challenge Chuck Schumer for Senate majority leader as Democrats prepare to take control of the chamber in January.According to The Guardian, Van Hollen confirmed his... [...]

Democrat Cindy Holscher wins Kansas governor race defeating Ty Masterson
November 13, 2026 4:15
Democrat Cindy Holscher wins Kansas governor race defeating Ty Masterson

Democrat Cindy Holscher wins Kansas governor race defeating Trump-backed Ty MastersonDemocrat Cindy Holscher has narrowly won the Kansas governor's race, defeating Republican Ty Masterson in a major upset in the traditionally conservative state.According to NBC News, Holscher's victory extends... [...]

Washington DC shooting: Doctor kills building manager before shooting four others
November 13, 2026 3:55
Washington DC shooting: Doctor kills building manager before shooting four others

Washington DC shooting: Doctor kills building manager before shooting four othersA doctor shot dead a building manager at a Washington DC gym before wounding four others and killing himself on Thursday, police said.According to the Associated Press, the shooting occurred around 8:00 AM in the... [...]

South Korea demands coordinates removal of its territory by Google Maps & Earth
November 13, 2026 3:43
South Korea demands coordinates removal of its territory by Google Maps & Earth

South Korea demands coordinates removal of its territory by Google Maps & EarthThe government of South Korea has just issued an update regarding Google Maps, and claims it ‌has removed latitude and longitude coordinates for South Korean territory from Google Maps, and Google �Earth, as part of... [...]

New York building collapse: Zohran Mamdani orders investigation as death tolls reaches 8
November 13, 2026 3:34
New York building collapse: Zohran Mamdani orders investigation as death tolls reaches 8

New York building collapse: Zohran Mamdani orders investigation as death tolls reaches 8Eight people, including two children, have died after a three-storey residential building collapsed in Brooklyn, New York, leaving more than a dozen others injured.According to AFP, the building collapsed on... [...]

Jensen Huang could testify before Congress after resigning as Nvidia CEO
November 13, 2026 3:14
Jensen Huang could testify before Congress after resigning as Nvidia CEO

Jensen Huang could testify before Congress after resigning as Nvidia CEO Former Nvidia CEO Jensen Huang is expected to testify before the US Congress within two weeks following his resignation on Thursday amid allegations involving a suspected Chinese spy.According to The Guardian, House Foreign... [...]

Visa rules push students from US and UK to Asia and Europe
November 12, 2026 5:13
Visa rules push students from US and UK to Asia and Europe

Visa rules push students from US and UK to Asia and EuropeA global university survey showed on Thursday that international students are turning away from the United States and Britain in favour of universities in Asia and continental Europe, as tighter visa rules redraw the global map of higher... [...]

One killed, four injured in Washington, DC shooting
November 12, 2026 4:23
One killed, four injured in Washington, DC shooting

One killed, four injured in Washington, DC shootingOne person was killed and four others ‌were shot and wounded when a gunman opened fire inside a gym before barricading himself inside an apartment building in Washington, DC, on Thursday morning, police said.The suspect holed up inside a... [...]

US envoys arrive in Moscow for fresh Ukraine peace talks with Putin
November 12, 2026 11:24
US envoys arrive in Moscow for fresh Ukraine peace talks with Putin

US envoys arrive in Moscow for fresh Ukraine peace talks with PutinOn Thursday, US envoys Jared Kushner and Steve Witkoff arrived in Moscow for talks with Russian President Vladimir Putin as part of their latest initiative for a peace deal in Ukraine.The Kremlin talks scheduled for this morning... [...]

France reacts to EU plans for more sanctions on Russia
November 12, 2026 9:42
France reacts to EU plans for more sanctions on Russia

France reacts to EU plans for more sanctions on RussiaThe European Union has just made an announcement regarding Russia’s future, because a plan has been enacted to approve more sanctions against Russia. While the news initially started circulating on Monday, France's Minister for European... [...]

Switzerland's finance ministry issues fines to former chairmen over spying scandal
November 12, 2026 9:19
Switzerland's finance ministry issues fines to former chairmen over spying scandal

Switzerland's finance ministry issues fines to former chairmen over spying scandalA spying scandal has just turned everything on its head for Switzerland's finance ministry. A report by Reuters claims they have issued a fine against former Credit Suisse chairman Urs Rohner for giving false... [...]

Sweden comes out with caretaker budget: Report
November 12, 2026 8:28
Sweden comes out with caretaker budget: Report

Just now, Sweden's right-wing caretaker government on Thursday presented a budget bill for 2027, that promises to continue ‘a ‌buildup in defence’ and ‘more investment in transport infrastructure’, but plans to refrain from major new policy initiatives.According to a report by Reuters,... [...]

Florida announces St Patrick's Day parade plans
November 12, 2026 7:06
Florida announces St Patrick's Day parade plans

Florida announces St Patrick's Day parade plansDelray Beach, a city in Florida, U.S.A just finalized its plans for the two parades it plans annually, both the St. Patrick's Day Parade which recoginized Saint Patrik and Irish heritage, but also Pride event in 2027 in the same breath. According to... [...]

کے پی و بلوچستان میں سیکیورٹی فورسز کی کارروائیاں: 74 خوارج ہلاک
November 13, 2026 4:11
کے پی و بلوچستان میں سیکیورٹی فورسز کی کارروائیاں: 74 خوارج ہلاک

— فائل فوٹوسیکیورٹی فورسز نے خیبر پختون خوا اور بلوچستان میں کارروائیاں کر کے 74 خوارج ہلاک کر دیے۔پاک فوج کے شعبۂ تعلقاتِ عامہ کے... [...]

کراچی: مختلف علاقوں میں مقابلے، 3 سالہ بچے کو ساتھ لیکر وارداتیں کرنے والے 3 ڈکیتوں سمیت 8 ملزمان گرفتار
November 13, 2026 4:11
کراچی: مختلف علاقوں میں مقابلے، 3 سالہ بچے کو ساتھ لیکر وارداتیں کرنے والے 3 ڈکیتوں سمیت 8 ملزمان گرفتار

—فائل فوٹوکراچی میں رات گئے پولیس نے مختلف مقامات پر مقابلوں کے بعد گھروں میں ڈکیتی اور اسٹریٹ کرائم کی وارداتوں میں ملوث 5 زخمیوں... [...]

رؤف صدیقی اور انکی اہلیہ مدینہ جاتے ہوئے کار حادثے میں زخمی، اسپتال منتقل
November 13, 2026 3:11
رؤف صدیقی اور انکی اہلیہ مدینہ جاتے ہوئے کار حادثے میں زخمی، اسپتال منتقل

رؤف صدیقی— فائل فوٹومتحدہ قومی موومنٹ پاکستان کے رہنما رؤف صدیقی کی گاڑی کو سعودی عرب میں مدینہ جاتے ہوئے حادثہ پیش آیا ہے۔ایم کیو... [...]

اسلام آباد بلدیاتی انتخابات رکوانے کی درخواستوں پر فیصلہ محفوظ
November 13, 2026 2:11
اسلام آباد بلدیاتی انتخابات رکوانے کی درخواستوں پر فیصلہ محفوظ

اسلام آباد ہائیکورٹ نے اسلام آباد کے بلدیاتی انتخابات رکوانے اور بلدیاتی انتخابات کا شیڈول معطل کرنے کی درخواستوں پر فیصلہ محفوظ ... [...]

ہم سے اداروں کی دوری نہ ہوئی ہے اور نہ کبھی ہوسکے گی، رانا ثناء
November 12, 2026 9:11
ہم سے اداروں کی دوری نہ ہوئی ہے اور نہ کبھی ہوسکے گی، رانا ثناء

وزیر اعظم کے مشیر برائے سیاسی امور رانا ثناء اللّٰہ نے کہا ہے کہ یہ سازشی تھیوری غلط ہے کہ 28 ویں ترمیم کیلئے بانی پی ٹی آئی سے ملاقات... [...]

صوبوں پر آئینی تجویز آئی تو بات کریں گے، فریال تالپر
November 12, 2026 8:11
صوبوں پر آئینی تجویز آئی تو بات کریں گے، فریال تالپر

پیپلز پارٹی خواتین ونگ کی صدر فریال تالپر نے کہا ہے کہ صوبوں کے معاملے پر کوئی آئینی تجویز یا مسودہ سامنے آئے گا تو بات کریں... [...]

بانی PTI کے تمام معاملات عدالتوں سے حل ہونے ہیں، طارق فضل چوہدری
November 12, 2026 7:11
بانی PTI کے تمام معاملات عدالتوں سے حل ہونے ہیں، طارق فضل چوہدری

وفاقی وزیر ڈاکٹر طارق فضل چوہدری نے کہا ہے کہ بانی پی ٹی آئی کے تمام معاملات عدالتوں سے حل ہونے ہیں۔طارق فضل چوہدری نے صحافیوں سے... [...]

بانی سے ملاقات حالات میں بہتری کی علامت ہے، علی محمد خان
November 12, 2026 7:11
بانی سے ملاقات حالات میں بہتری کی علامت ہے، علی محمد خان

پی ٹی آئی رہنما علی محمد خان نے تصدیق کی ہے کہ بیرسٹر گوہر اور محسن نقوی کے رابطے رہے ہیں۔جیو نیوز کے پروگرام آج شاہ زیب خانزادہ کے... [...]

وزیر داخلہ محسن نقوی کی نواب شاہ میں صدر زرداری سے ملاقات
November 12, 2026 6:11
وزیر داخلہ محسن نقوی کی نواب شاہ میں صدر زرداری سے ملاقات

فوٹو: فائلوزیر داخلہ محسن نقوی نے صدر آصف علی زرداری سے نواب شاہ میں ملاقات کی ہے۔ذرائع کے مطابق ایک گھنٹہ جاری رہنے والی ملاقات میں... [...]

میرپورخاص: ٹرک کی ٹکر سے موٹرسائیکل سوار 4 افراد جاں بحق
November 12, 2026 6:11
میرپورخاص: ٹرک کی ٹکر سے موٹرسائیکل سوار 4 افراد جاں بحق

فوٹو: فائلمیرپورخاص میں ٹرک کی ٹکر سے موٹر سائیکل سوار ایک ہی خاندان کے 4 افراد جاں بحق ہوگئے۔ریسکیو حکام کے مطابق حادثے میں جاں بحق... [...]

مستونگ میں قومی شاہراہ پر دہشت گردوں کا حملہ ناکام، 3 دہشتگرد ہلاک
November 12, 2026 5:11
مستونگ میں قومی شاہراہ پر دہشت گردوں کا حملہ ناکام، 3 دہشتگرد ہلاک

فوٹو: فائلبلوچستان کے علاقے مستونگ میں قومی شاہراہ این25 پر دہشت گردوں کا حملہ ناکام بناتے ہوئے 3 دہشت گرد ہلاک کردیے گئے۔ترجمان... [...]

147 انکم ٹیکس افسران میں سے صرف 14 فیصلے کی صلاحیت رکھتے ہیں، ٹیسٹ رپورٹ
November 12, 2026 5:11
147 انکم ٹیکس افسران میں سے صرف 14 فیصلے کی صلاحیت رکھتے ہیں، ٹیسٹ رپورٹ

فائل فوٹو فیڈرل بورڈ آف ریونیو   کے نوٹسز جاری کرنے کی گتھی، بورڈ کے افسران کے ٹیسٹ نے سلجھا دی۔ ٹیسٹ نتائج کے مطابق ایف بی آر افسران... [...]

غذر میں مسافر وین دریا میں گرگئی، 11 افراد جاں بحق
November 12, 2026 5:11
غذر میں مسافر وین دریا میں گرگئی، 11 افراد جاں بحق

فوٹو: ایکس غذر میں نوح پل کے قریب مسافر وین دریائے یاسین میں گری گئی، حادثے میں 11 افراد جاں بحق اور متعدد زخمی ہوگئے۔ریسکیو حکام کا... [...]

سلمان اکرم راجہ نے لطیف کھوسہ کے بیانات کو بے بنیاد اور حقائق کے برعکس قرار دیدیا
November 12, 2026 5:11
سلمان اکرم راجہ نے لطیف کھوسہ کے بیانات کو بے بنیاد اور حقائق کے برعکس قرار دیدیا

سلمان اکرم راجہ۔تحریک انصاف کے سیکریٹری جنرل سلمان اکرم راجہ نے لطیف کھوسہ کے بیانات کو بے بنیاد اور حقائق کے برعکس قرار دے دیا۔جیو... [...]

اپر کوہستان اسکینڈل: ملزم کیشیئر مشرف شاہ کی 51 کروڑ سے زائد کی پلی بارگین درخواست منظور، رہائی کا حکم
November 12, 2026 5:11
اپر کوہستان اسکینڈل: ملزم کیشیئر مشرف شاہ کی 51 کروڑ سے زائد کی پلی بارگین درخواست منظور، رہائی کا حکم

احتساب عدالت پشاور میں اپر کوہستان اسکینڈل کے ملزم کیشیئر مشرف شاہ نے پلی بارگین کی درخواست دی ہے۔ احتساب عدالت کے جج نے درخواست پر... [...]

کیا کنگ چارلس شہزادہ ہیری کو دوبارہ شاہی رکن قرار دے سکتے ہیں؟
November 13, 2026 4:11
کیا کنگ چارلس شہزادہ ہیری کو دوبارہ شاہی رکن قرار دے سکتے ہیں؟

شہزادہ ہیری اور شاہ چارلس---فائل فوٹو ڈچز آف سسیکس، برطانوی شاہی خاندان سے منحرف شہزادہ ہیری اور ان کی اہلیہ امریکی اداکارہ میگھن... [...]

ٹرمپ نے اینویڈیا کے نئے سی ای او کیلئے ٹم کک کا نام تجویز کر دیا
November 13, 2026 4:11
ٹرمپ نے اینویڈیا کے نئے سی ای او کیلئے ٹم کک کا نام تجویز کر دیا

---فائل فوٹوزامریکی صدر ڈونلڈ ٹرمپ نے ایپل کے سابق چیف ایگزیکٹیو ٹم کک کو ٹیکنالوجی کمپنی این ویڈیا کا نیا چیف ایگزیکٹیو آفیسر بنانے... [...]

مستعفی ہونے کے بعد جینسن ہوانگ کا 1 اور خاتون کیساتھ افیئر سامنے آ گیا
November 13, 2026 4:11
مستعفی ہونے کے بعد جینسن ہوانگ کا 1 اور خاتون کیساتھ افیئر سامنے آ گیا

اینویڈیا کے سابق سربراہ جینسن ہوانگ—فائل فوٹو معروف امریکی ٹیکنالوجی کمپنی اینویڈیا کے سابق چیف ایگزیکٹیو جینسن ہوانگ کے 1 اور... [...]

امریکی صدر کے مندوب وٹکوف، کُشنر کی زیلنسکی سے ملاقات
November 13, 2026 2:11
امریکی صدر کے مندوب وٹکوف، کُشنر کی زیلنسکی سے ملاقات

امریکی صدر کے خصوصی مندوب اسٹیو وٹکوف اور داماد جیرڈ کُشنر نے یوکرینی صدر زیلنسکی سے ملاقات کی۔ولادومیر زیلنسکی نے مذاکرات کے اگلے... [...]

سلامتی کونسل، پاکستان کی حوثی ملیشیا کے حملوں کی مذمت
November 13, 2026 1:11
سلامتی کونسل، پاکستان کی حوثی ملیشیا کے حملوں کی مذمت

سلامتی کونسل میں پاکستان نے حوثی ملیشیا کے حملوں کی مذمت کردی، سعودی عرب کی خودمختاری اور یمن کے امن و استحکام کے لیے حمایت کا اعادہ... [...]

این ویڈیا اسکینڈل، امریکی وزیر تجارت کی نوکری کو خطرہ
November 13, 2026 1:11
این ویڈیا اسکینڈل، امریکی وزیر تجارت کی نوکری کو خطرہ

این ویڈیا اسکینڈل پر امریکی وزیر تجارت کی نوکری خطرے میں پڑ گئی، ہورڈ لوٹنیک پر چپ کی برآمدات پر کنٹرول میں غیر زمہ داری کا مظاہرہ... [...]

جب چاہوں ایران کے خلاف جنگ جیت سکتا ہوں، ڈونلڈ ٹرمپ
November 12, 2026 10:11
جب چاہوں ایران کے خلاف جنگ جیت سکتا ہوں، ڈونلڈ ٹرمپ

فائل فوٹوامریکا کے صدر ڈونلڈ ٹرمپ نے دعویٰ کیا ہے کہ وہ جب چاہیں ایران کے خلاف جنگ جیت سکتے ہیں۔ امریکی ٹی وی کو انٹرویو میں انہوں نے... [...]

33 ہزار فٹ کی بلندی پر امریکی پرواز میں پانی بھر گیا، شکاگو میں ہنگامی لینڈنگ
November 12, 2026 6:11
33 ہزار فٹ کی بلندی پر امریکی پرواز میں پانی بھر گیا، شکاگو میں ہنگامی لینڈنگ

امریکا میں ڈینور سے ڈیٹرائٹ جانے والی پرواز میں 33000 فٹ کی بلندی پر اگلے باتھ روم کا سنک پھٹنے سے کیبن میں پانی بھر گیا اور پائلٹ کو... [...]

اسرائیلی جیل میں غذائی قلت سے جاں بحق فلسطینی نوجوان کی میت ڈیڑھ سال بعد اہلخانہ کے حوالے
November 12, 2026 6:11
اسرائیلی جیل میں غذائی قلت سے جاں بحق فلسطینی نوجوان کی میت ڈیڑھ سال بعد اہلخانہ کے حوالے

اسرائیلی حکام نے 17 سالہ فلسطینی نوجوان ولید احمد کی میت ڈیڑھ سال بعد اس کے اہل خانہ کے حوالے کردی۔فلسطینی نوجوان ولید احمد مارچ 2025... [...]

ڈونلڈ ٹرمپ نے نائب صدر جے ڈی وینس کو بظاہر خارجہ پالیسی معاملات سے ہٹا دیا
November 12, 2026 5:11
ڈونلڈ ٹرمپ نے نائب صدر جے ڈی وینس کو بظاہر خارجہ پالیسی معاملات سے ہٹا دیا

امریکی صدر ڈونلڈ ٹرمپ نے نائب صدر جے ڈی وینس کو بظاہر خارجہ پالیسی معاملات سے ہٹا کر انہیں ملکی معاملات پر توجہ مرکوز کرنے کا... [...]

یو اے ای: فجیرہ میں ٹریفک حادثہ، 14 افراد ہلاک، 30 زخمی
November 12, 2026 3:11
یو اے ای: فجیرہ میں ٹریفک حادثہ، 14 افراد ہلاک، 30 زخمی

فوٹو: سوشل میڈیامتحدہ عرب امارات کی ریاست فجیرہ میں ہونے والے ٹریفک حادثے میں 14 افراد ہلاک ہوگئے۔ اماراتی وزارت داخلہ کے مطابق... [...]

اینویڈیا کے سی ای او جینسن ہوانگ نے تمام عہدوں سے استعفیٰ دے دیا
November 12, 2026 3:11
اینویڈیا کے سی ای او جینسن ہوانگ نے تمام عہدوں سے استعفیٰ دے دیا

جینسن ہوانگ۔فوٹو: رائٹرزامریکی چپ میکر کمپنی اینویڈیا کے سی ای او جینسن ہوانگ نے تنازع کے بعد تمام عہدوں سے استعفیٰ دے دیا۔ کمپنی کے... [...]

ممبئی: نازیبا حرکت پر احتجاج کرنے والی خاتون کو ٹرین سے دھکا دے دیا گیا، بازو کٹ گیا
November 12, 2026 2:11
ممبئی: نازیبا حرکت پر احتجاج کرنے والی خاتون کو ٹرین سے دھکا دے دیا گیا، بازو کٹ گیا

تصویر سوشل میڈیا۔ممبئی کی ایک لوکل ٹرین میں مرد مسافر کی جانب سے نامناسب انداز میں چھونے پر احتجاج کرنے والی نوجوان خاتون کو ٹرین سے... [...]

ابوظبی: ہوٹل کے باہر جھگڑا کرنے، ویڈیو بنانے کے الزام میں 10 افراد گرفتار
November 12, 2026 2:11
ابوظبی: ہوٹل کے باہر جھگڑا کرنے، ویڈیو بنانے کے الزام میں 10 افراد گرفتار

اے آئی فوٹو: اماراتی میڈیامتحدہ عرب امارات کے دارالحکومت ابوظبی میں ہوٹل کے باہر ہنگامہ آرائی اور لڑائی میں ملوث افراد پولیس کے... [...]

واشنگٹن فائرنگ: ایک شخص ہلاک، 4 زخمی، حملہ آور نے خود کو بھی گولی مارلی
November 12, 2026 2:11
واشنگٹن فائرنگ: ایک شخص ہلاک، 4 زخمی، حملہ آور نے خود کو بھی گولی مارلی

فوٹو: رائٹرز امریکی دارالحکومت واشنگٹن ڈی سی کے علاقے لوگن سرکل میں فائرنگ کے واقعے میں ایک شخص ہلاک اور 4 زخمی ہوگئے، جبکہ حملہ آور... [...]

پیٹرول اور ڈیزل مزید سستا کردیا گیا
November 12, 2026 5:11
پیٹرول اور ڈیزل مزید سستا کردیا گیا

وفاقی حکومت نے پیٹرولیم مصنوعات کی نئی قیمتوں کا اعلان کردیا۔اوگرا کی جانب سے جاری کیے گئے نوٹیفکیشن کے مطابق پیٹرول 3 روپے فی لیٹر... [...]

وزیراعظم پیکیج کے تحت صنعتی و زرعی صارفین کیلئے اضافی بجلی کی کھپت پر نیا ٹیرف لاگو
November 12, 2026 4:11
وزیراعظم پیکیج کے تحت صنعتی و زرعی صارفین کیلئے اضافی بجلی کی کھپت پر نیا ٹیرف لاگو

وزیراعظم پیکیج کے تحت صنعتی اور زرعی صارفین کےلیے اضافی بجلی کی کھپت پر نیا ٹیرف لاگو کردیا گیا ہے۔ نیشنل الیکٹرک پاور ریگولیٹری... [...]

پی ایس ایکس: مسلسل دوسرے دن 100 انڈیکس ایک لاکھ 80 ہزار سے اوپر گیا، سطح برقرار نہ رکھ سکا
November 12, 2026 1:11
پی ایس ایکس: مسلسل دوسرے دن 100 انڈیکس ایک لاکھ 80 ہزار سے اوپر گیا، سطح برقرار نہ رکھ سکا

فوٹو: فائلپاکستان اسٹاک ایکسچینج کا 100 انڈیکس مسلسل دوسرے کاروباری دن میں ایک لاکھ 80 ہزار سے اوپر گیا لیکن کاروبار اختتام تک اپنی سطح... [...]

پاکستان کے کارپوریٹ شعبہ کے منافع میں 25 فیصد اضافہ
November 12, 2026 12:11
پاکستان کے کارپوریٹ شعبہ کے منافع میں 25 فیصد اضافہ

وزارت خزانہ نے کارپوریٹ شعبے کے منافع کے اعداد وشمار جاری کر دیے۔ جس کے مطابق پاکستان کے کارپوریٹ شعبہ کے منافع میں 25 فیصد اضافہ... [...]

سونے کی قیمت میں بڑی کمی، فی تولہ 4 لاکھ 16 ہزار 536 روپے کا ہوگیا
November 12, 2026 11:11
سونے کی قیمت میں بڑی کمی، فی تولہ 4 لاکھ 16 ہزار 536 روپے کا ہوگیا

ملک میں فی تولہ سونے کی قیمت میں آج 10 ہزار روپے سے زائد کی کمی ہوگئی۔ آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق آج سونے... [...]

حکومت اسلامی مالیاتی نظام کے فروغ کیلئے پرعزم ہے: محمد اورنگزیب
November 12, 2026 8:11
حکومت اسلامی مالیاتی نظام کے فروغ کیلئے پرعزم ہے: محمد اورنگزیب

وزیر خزانہ محمد اورنگزیب — فائل فوٹو وزیر خزانہ محمد اورنگزیب کا کہنا ہے کہ پہلی بار سکوک اجراء کا 10 کھرب روپے کا سنگ میل عبور... [...]

عالمی منڈی میں تیل کی قیمتوں میں کمی
November 12, 2026 5:11
عالمی منڈی میں تیل کی قیمتوں میں کمی

---فائل فوٹو مشرقِ وسطیٰ اور روس و یوکرین کے درمیان امن مذاکرات میں پیش رفت کے باعث جمعرات کو عالمی منڈی میں خام تیل کی قیمتوں میں 1... [...]

حکومت کا برآمد کنندگان کیلئے ایکسپورٹ اسکیم آسان بنانے کا فیصلہ
November 11, 2026 5:11
حکومت کا برآمد کنندگان کیلئے ایکسپورٹ اسکیم آسان بنانے کا فیصلہ

فوٹو: فائلحکومت نے برآمد کنندگان کے لیے ایکسپورٹ اسکیم آسان بنانے کا فیصلہ کرلیا۔وزیر مملکت برائے خزانہ بلال اظہر کیانی کی زیر صدارت... [...]

پیٹرول اور ڈیزل مزید سستا کردیا گیا
November 11, 2026 5:11
پیٹرول اور ڈیزل مزید سستا کردیا  گیا

حکومت نے اگلے ایک روز کیلئے پیٹرولیم مصنوعات کی قیمتوں کا اعلان کردیا، جس کا نوٹیفکیشن بھی جاری کردیا گیا۔اوگرا نوٹیفکیشن کے مطابق... [...]

سعودی عرب کی تیل پیداوار فروری کے بعد سب سے بلند سطح پر پہنچ گئی
November 11, 2026 4:11
سعودی عرب کی تیل پیداوار فروری کے بعد سب سے بلند سطح پر پہنچ گئی

سعودی عرب کی تیل کی پیداوار فروری کے بعد سب سے بلند سطح پر پہنچ گئی۔ پیٹرولیم برآمد کرنے والے ملکوں کی تنظیم اوپیک کی رپورٹ کے... [...]

پی ایس ایکس میں تیزی کی لہر ایک لاکھ 80 ہزار پر پہنچ کر دم توڑ گئی
November 11, 2026 1:11
پی ایس ایکس میں تیزی کی لہر ایک لاکھ 80 ہزار پر پہنچ کر دم توڑ گئی

فوٹو: فائلپاکستان اسٹاک ایکسچینج میں تیزی کی لہر ایک لاکھ 80 ہزار پر پہنچ کر دم توڑ گئی۔ پی ایس ایکس بینچ مارک 100 انڈیکس نے آج... [...]

امریکا ایران تنازع، خلیجی ممالک کو پاکستانی برآمدات میں کمی ریکارڈ ہوئی، قومی اسمبلی قائمہ کمیٹی میں بریفنگ
November 11, 2026 11:11
امریکا ایران تنازع، خلیجی ممالک کو پاکستانی برآمدات میں کمی ریکارڈ ہوئی، قومی اسمبلی قائمہ کمیٹی میں بریفنگ

فائل فوٹو۔قومی اسمبلی کی قائمہ کمیٹی برائے تجارت کے اجلاس میں امریکا ایران تنازع کے پاکستان کی خلیجی ممالک سے تجارت پر اثرات کا... [...]

سونے کی قیمت میں مسلسل دوسرے روز بھی کمی
November 11, 2026 10:11
سونے کی قیمت میں مسلسل دوسرے روز بھی کمی

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

ایشیائی ترقیاتی بینک نے پاکستان کیلئے 50 کروڑ ڈالرز قرض کی منظوری دیدی
November 11, 2026 8:11
ایشیائی ترقیاتی بینک نے پاکستان کیلئے 50 کروڑ ڈالرز قرض کی منظوری دیدی

— فائل فوٹوایشیائی ترقیاتی بینک نے پاکستان کے لیے 50 کروڑ ڈالرز قرض کی منظوری دے دی۔اے ڈی بی کے مطابق پاکستان میں قدرتی آفات سے سالانہ... [...]

خیر پور میں تیل و گیس کے نئے ذخائر کی دریافت
November 11, 2026 6:11
خیر پور میں تیل و گیس کے نئے ذخائر کی دریافت

---فائل فوٹوآئل اینڈ گیس ڈیولپمنٹ کمپنی لمیٹڈ نے ضلع خیر پور میں تیل و گیس کے نئے ذخائر دریافت کر لیے۔او جی ڈی سی ایل نے پاکستان اسٹاک... [...]

‘The thought of living to 100 terrifies me’: Is Social Security a giant Ponzi scheme?
November 13, 2026 4:46
‘The thought of living to 100 terrifies me’: Is Social Security a giant Ponzi scheme?

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

Who can replace Jensen Huang as Nvidia CEO? These four names are buzzing in AI circles.
November 12, 2026 10:57
Who can replace Jensen Huang as Nvidia CEO? These four names are buzzing in AI circles.

As Nvidia’s board seeks a new CEO, experts say that person will need a rare balance of tech vision and business savvy [...]

Opening trading-card packs has become a $2 billion market
November 12, 2026 10:38
Opening trading-card packs has become a $2 billion market

Pack-ripping apps are changing the way people buy and sell cards. But analysts say their “slot-like payoff” raises risks. [...]

Bond yields just saw their biggest surge since 2022 as expectations grow for more Fed rate hikes
November 12, 2026 10:16
Bond yields just saw their biggest surge since 2022 as expectations grow for more Fed rate hikes

Fed Chair Warsh’s quiet style of communicating interest-rate policy has led to more volatile markets. [...]

‘He calls my plans a fantasy’: My husband says we can’t afford our $200,000-a-year dream retirement. I think he’s cheap.
November 12, 2026 10:00
‘He calls my plans a fantasy’: My husband says we can’t afford our $200,000-a-year dream retirement. I think he’s cheap.

“We have $2 million saved in our retirement accounts and a house worth $1.3 million.” [...]

Am I overpaying for health insurance? How to answer the key question this open-enrollment season.
November 12, 2026 9:55
Am I overpaying for health insurance? How to answer the key question this open-enrollment season.

More people want to understand the fine print on plans this year, financial planners say. [...]

The 10 best stocks for a year-end momentum trade
November 12, 2026 9:50
The 10 best stocks for a year-end momentum trade

Why December is the best month of the year for momentum strategies [...]

I inherited $1.4 million from my father. Am I wrong to ask my husband of 25 years for a postnuptial agreement?
November 12, 2026 9:30
I inherited $1.4 million from my father. Am I wrong to ask my husband of 25 years for a postnuptial agreement?

“He has always said he wants his daughter to inherit a chunk of his estate, and I’ve never objected to that.” [...]

The S&P 500 is shrugging off Nvidia’s selloff this week. Here’s what’s keeping the rest of the market afloat.
November 12, 2026 9:08
The S&P 500 is shrugging off Nvidia’s selloff this week. Here’s what’s keeping the rest of the market afloat.

Investors have been forced to look up from the poster child of the artificial-intelligence trade and remember the other stocks on the board. [...]

The bond market now has an even bigger fear than AI fallout
November 12, 2026 8:44
The bond market now has an even bigger fear than AI fallout

Carnage in tech stocks made Treasurys look more attractive in recent weeks, but fears of more Fed rate hikes are now driving yields higher [...]

Who can replace Jensen Huang as Nvidia CEO? These four names are buzzing.
November 12, 2026 11:02
Bond yields just saw their biggest surge since 2022 amid Fed rate-hike fears
November 12, 2026 10:21
Nvidia’s stock trims early losses, ends 4% lower after CEO Jensen Huang quits
November 12, 2026 9:23
Stocks end lower, bond yields jump as Wall Street weighs Nvidia CEO's shock exit
November 12, 2026 9:04
Stocks give up gains, trade lower in final hour after Huang quits Nvidia — live
November 12, 2026 8:25
Trump admin hiring debt collectors to go after defaulted student-loan borrowers
November 12, 2026 7:55
Nvidia stock is on sale after Jensen Huang’s exit. Is the selloff just starting?
November 12, 2026 6:46
The 2027 401(k) limits are here. See how much more you can save next year.
November 12, 2026 6:21
The bond market now has an even bigger fear than the AI fallout
November 12, 2026 5:25
U.S. stock indexes turn positive for day as chip stocks rebound — live coverage
November 12, 2026 4:28
Jobless claims fall to lowest level since mid-May
July 3, 2025 12:36
Jobless claims stay low in latest week
February 13, 2025 1:33
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
February 3, 2025 1:46
Trump asks Supreme Court to pause TikTok ban
December 28, 2024 12:32
Amazon says it had best-ever Thanksgiving Holiday week with record sales and number of items sold
December 3, 2024 2:05
U.S. stock futures and bond yields drop on reports Putin has updated nuclear doctrine
November 19, 2024 8:55
Charter Communications announces buyout deal for Liberty Broadband at terms above its previous proposal
November 13, 2024 1:52
General Motors unveils new all-electric Cadillac called the Vistiq with 300-mile range
November 12, 2024 1:53
Vestas Wind Systems stock slumps as company says margins to be at low end of guidance
November 5, 2024 8:39
Burberry shares rise on report Moncler could bid for it
November 4, 2024 8:36
Kazatomprom reports 17% increase in production during the third quarter
November 1, 2024 7:36
Anheuser-Busch InBev shares slip as sales come up shy of estimates
October 31, 2024 8:09
Wingstop’s stock slides 12% after profit falls short of estimates
October 30, 2024 12:22
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