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Rupee registers gain against US dollar
September 23, 2026 3:00
Rupee registers gain against US dollar

The Pakistani rupee extended its marginal gains against the US dollar in the interbank market on Wednesday. The local unit closed the day at 277.20, a gain of Re0.01 against the greenback. On Tuesday, the Pakistani rupee settled at 277.21 against the dollar. Globally, the US dollar steadied near its strongest level in two months on Wednesday ​on prospects of interest rate hikes in the near term, while easing oil prices on hopes for a diplomatic ‌breakthrough to end the Middle East war kept investors on edge. The euro was at $1.1446 in early trading, loitering near its weakest level since late July. Sterling bought $1.3337. The dollar index, which measures the US currency against six rivals, was at 100.56. The recent barrage of rate hikes and ​hawkish rhetoric from major central banks has taken centre stage in currency markets as the US-Israeli conflict with Iran ​drives oil prices higher and fans inflation worries. Investors are now anticipating further tightening from central ⁠banks, with Federal Reserve officials flagging the possibility of more hikes if inflation does not ease. Investors are also waiting for a high-stakes meeting between Trump and Chinese President Xi Jinping as the two leaders seek stability in a relationship ​under pressure over wide-ranging issues. The Japanese ​yen was at 157.55 ⁠per US dollar as traders remain wary of the threat of intervention as markets judged the Bank of Japan’s rate hike to a 31-year high last week as insufficiently hawkish. Oil prices, a key indicator of currency parity, held near their lowest in more than two weeks on Wednesday as improving Gulf crude supplies weighed on the market, though diesel refining margins hit a record high on potential restrictions to US diesel exports. Brent crude futures rose $1.33, or 1.34%, to $100.58 a barrel by 1303 GMT while West Texas Intermediate futures gained 65 cents, or 0.72%, to $91.17. Inter-bank market rates for dollar on Wednesday BID                            Rs 277.20 OFFER                      Rs 277.40 Open-market movement In the open market, the PKR gained 2.00 paisa for buying and 4.00 paisa for selling against USD, closing at 278.17 and 279.22, respectively. Against Euro, the PKR gained 1.18 rupee for buying and 88.00 paisa for selling, closing at 317.45 and 320.75, respectively. Against UAE Dirham, the PKR remained unchanged for buying and lost 2.00 paisa for selling, closing at 75.70 and 76.29, respectively. Against Saudi Riyal, the PKR lost 1.00 paisa for both buying and selling, closing at 74.02 and 74.52, respectively. Open-market rates for dollar on Wednesday BID                            Rs 278.17 OFFER                      Rs 279.22 [...]

Most Gulf bourses rise on oil supply recovery, diplomacy hopes
September 23, 2026 1:50
Most Gulf bourses rise on oil supply recovery, diplomacy hopes

Most Gulf equity markets closed higher on Wednesday, buoyed by restored crude flows from a key Saudi pipeline and growing optimism over a diplomatic resolution to the US-Iran conflict. Global oil markets faced downward pressure on Tuesday after Saudi Arabia restarted operations at its East-West Pipeline, with three sources indicating crude exports from the Red Sea port of Yanbu could soon resume amid broader signs of rising Middle Eastern supply. Despite US President Donald Trump alternating between stark threats and hints of an imminent accord in response to Iranian defiance, diplomatic efforts at the United Nations continued to gain ground. This momentum toward de-escalation, coupled with recovering regional supply, alleviated market strain and dragged benchmark Brent crude below the $100-a-barrel mark for the first time since September 8. Dubai’s main share index edged 0.2% higher, helped by a 2.8% rise in toll operator Salik Co . Geopolitics stayed front and center for investors, said Milad Azar, market analyst at XTB MENA. While subdued traffic through the Strait of Hormuz kept caution elevated, renewed U.S.-Iran diplomacy and reports of a potential reopening of the waterway buoyed sentiment. Markets now await concrete diplomatic timelines to anchor lasting stability, he added. In Qatar, the index rose 0.3%, with Qatar National Bank , the Gulf’s biggest lender, gaining 0.5%. In Abu Dhabi, the index reversed early losses to finish 0.4% higher. On Wednesday, the Saudi stock market was closed for a public holiday. Outside the Gulf, Egypt’s blue-chip index retreated 1.3%. Meanwhile, Egypt’s central bank will almost certainly leave interest rates unchanged on Thursday, a Reuters poll showed, as inflation eases only gradually and regional risks keep policymakers cautious about resuming cuts. Abu Dhabi rose 0.4% to 10,269 Dubai was up 0.2% to 6,008 Qatar added 0.3% to 9,546 Egypt declined 1.3% to 54,245 Bahrain dropped 0.4% to 1,903 Oman was flat at 7,557 Kuwait gained 0.9% to 9,224 [...]

PSX: Buying continues, KSE-100 gains over 800 points
September 23, 2026 1:44
PSX: Buying continues, KSE-100 gains over 800 points

Buying continued at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index settling with a gain of over 800 points during a volatile trading session on Wednesday. The benchmark index opened with a sharp upward move before facing selling pressure in the early session. After briefly moving above 172,400, the benchmark retreated towards the 172,000 level before recovering steadily through the late morning. Buying momentum strengthened around noon, pushing the KSE-100 to its intraday high of 172,762.41. The rally, however, failed to sustain at the upper levels and the index gradually lost ground through the afternoon, slipping from above 172,600 to around 172,100–172,000 by 2pm. The index remained largely range-bound during the latter part of the session before staging a modest rebound during the final hour of trading. At close, the benchmark index settled at 172,232.51, up by 830.43 points or 0.48%. “The local bourse staged a strong recovery today, as easing international oil prices and improving US-Iran dynamics provided a much-needed boost to investor sentiment,” said Topline Securities in its post-market commentary. The brokerage house noted that the positive momentum was supported by softer global oil prices and signs of easing tensions between the US and Iran, helping revive risk appetite and ease concerns surrounding regional and external account pressures. “The refinery sector stole the spotlight, with PRL hitting its upper circuit, while ATRL, NRL, and CNERGY also closed higher amid market chatter that the long-awaited refinery policy could be signed as early as tomorrow or Friday. “Index-heavy names provided further fuel to the rally, with FFC, UBL, MEBL, ATRL, and ENGROH emerging as the major contributors, collectively adding approximately 493 points to the index,” it added. In a key development, an International Monetary Fund (IMF) mission led by Iva Petrova has started discussions with Pakistani authorities for the next review under the $7-billion Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), official sources told Business Recorder. On Tuesday, the PSX closed marginally higher, as late-session value-hunting helped the market recover from early weakness amid declining international oil prices and developments surrounding efforts to ease regional tensions. The benchmark KSE-100 remained range-bound during the session before settling at 171,402.08 points. Globally, Asian shares were aiming for a sixth session of gains on Wednesday as signs of consumer demand for AI apps continued to buoy ​tech stocks, while oil prices faltered on reports of increased supply out of the Middle East. Sources told Reuters Saudi Arabia had ‌restarted operations at its East-West Pipeline and may have already resumed exports from the Red Sea port of Yanbu. US President Donald Trump also claimed talks with Iran in New York had made progress, but then threatened to “annihilate” the country if a deal was not done. Iranian President Masoud Pezeshkian addresses the UN General Assembly later on Wednesday and markets ​are alive to reports he might hold talks with Trump. Chinese President Xi Jinping arrives in Washington later in the day amid speculation that a trade truce between the ⁠two countries will be extended, and there could be cooperation over AI. Renewed buzz over AI helped South Korean stocks gain 1.2%, with Samsung and ​SK Hynix both up over 2%. Taiwan firmed 0.9%, to near all-time peaks. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.7%, having now risen ​for six straight days. Chinese blue chips were little changed. Japanese markets were closed for a holiday, but Nikkei futures were trading at 66,745, almost 2,000 points above where the cash Nikkei closed on Friday. Meanwhile, the Pakistani rupee extended its marginal gains against the US dollar in the interbank market on Wednesday. The local unit closed the day at 277.20, a gain of Re0.01 against the greenback. Volume on the all-share index increased to 773.59 million from 641.83 million recorded in the previous close. The value of shares jumped to Rs26.45 billion from Rs18.47 billion in the previous session. Cnergyico PK was the volume leader with 150.27 million shares, followed by WorldCall Telecom with 91.08 million shares, and Tasdeeq Information with 58.64 million shares. Shares of 496 companies were traded on Wednesday, of which 262 registered an increase, 196 recorded a fall, and 38 remained unchanged. [...]

Sri Lankan shares inch higher as communication, IT rise
September 23, 2026 1:23
Sri Lankan shares inch higher as communication, IT rise

Sri Lankan shares closed higher on Wednesday, led by gains in communication services and information technology stocks. The CSE All-Share index settled up 0.15% at 21,085.15. Industrial Asphalts (Ceylon) PLC and Agstar PLC were the top percentage gainers on the CSE All-Share index, rising 16.7% and 10.3%, respectively. Trading volume on the index rose to 83.4 million shares from 58.4 million in the previous session. The equity market’s turnover fell to 1.32 billion Sri Lankan rupees ($4.01 million) from 1.37 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 12.9 million rupees, while domestic investors were net buyers, purchasing shares worth 1.31 billion rupees, the data showed. [...]

Palm falls for fourth session on stockpile concerns, weak demand
September 23, 2026 11:28
Palm falls for fourth session on stockpile concerns, weak demand

KUALA LUMPUR: Malaysian palm oil futures fell for the fourth straight session on Wednesday, as expectations of rising inventories and weak demand weighed on the market. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange slid 42 ringgit, or 0.87%, to 4,768 ringgit ($1,169.49) a metric ton at the close. The market is well aware that end-stocks will likely rise to 3 million metric tons, or slightly higher by September-end, driven by a double-digit increase in production, particularly in the state of Sabah, said Paramalingam Supramaniam, a director at Selangor-based brokerage Pelindung Bestari. “Demand also remains sluggish and the market cannot escape the influence from both of these overarching variables,” he added. Cargo surveyors estimated that exports of Malaysian palm oil products for September 1 to 20 fell between 12.8% and 24.7% from a month earlier. Dalian’s most-active soyoil contract fell 0.27%, while its palm oil contract shed 1.43%. Soyoil prices on the Chicago Board of Trade were down 0.63%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Oil prices held near their lowest in more than two weeks as improving Gulf crude supplies weighed on the market, though diesel refining margins hit a record high on potential restrictions to US diesel exports. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. European Union soybean imports for the 2026/27 season that began in July had reached 2.67 million tons by September 20, down 14% from a year earlier, while palm oil imports fell 26% to 0.56 million tons, European Commission data showed. [...]

Copper falls from near-record highs on profit-taking, firmer dollar
September 23, 2026 10:41
Copper falls from near-record highs on profit-taking, firmer dollar

LONDON: Copper prices fell on Wednesday due to a stronger dollar and as investors took profits after the metal tested a key technical resistance level above $14,800 a metric ton. Benchmark three-month copper on the London Metal Exchange (LME) was down 0.3% at $14,700 a ton by 1005 GMT, after earlier touching $14,833, its highest level since September 10, when it hit a record high of $14,875. Comex copper hit a record high of $6.83 per lb, or $15,057 a ton, on Tuesday before retreating on Wednesday. Comex copper inventories have started to record modest daily inflows as the premium of US copper futures over LME prices edged higher after a sharp pullback. That pullback was triggered by a Reuters report that the White House had yet to decide on copper import tariffs amid concerns about affordability. After months of heavy inflows, Comex warehouses now hold 69% of the roughly 1 million tons of copper tracked by global exchanges, supporting concerns about tightness outside the US. The backdrop has helped LME copper rise 18% so far this year and currently coincides with signs of robust demand in top consumer China ahead of public holidays on September 25 and October 1 to 7. It also comes as half of the 252,500 tons of copper stored in LME-registered warehouses has been earmarked for delivery out. The impact of these supportive factors is evident in the spread between the LME cash copper contract and the three-month benchmark, which swung into a premium this week. The premium was last at $76 a ton, compared with a discount of $86 on September 14. “Buyers are willing to pay a premium to secure metal sooner, reinforcing the narrative of a tighter market,” analysts at RBC Capital Markets said, adding that they were watching whether additional supply would flow into warehouses in the coming weeks. LME aluminium fell 0.2% to $3,259.50 a ton, while zinc and lead eased 0.5% to $3,888.50 and $1,926.50, respectively. Nickel lost 0.3% to $16,570, while tin gained 0.1% to $54,250. [...]

Indian rupee slips as dollar gets Fed hike expectations tailwind
September 23, 2026 10:37
Indian rupee slips as dollar gets Fed hike expectations tailwind

MUMBAI: The Indian rupee ended modestly weaker on Wednesday, tracking declines in Asian peers as expectations of further US Federal Reserve rate hikes lifted the dollar. The Indian rupee fell 0.1% to 95.74 per dollar from a close of 95.59 in the previous session. Asian currencies fell 0.1% to 0.3% as investors watched oil prices and Fed rate expectations. The dollar index has risen more than 1% since the Fed raised rates last week as bets on further tightening grew. Interest rate futures markets have baked in about 75 basis points worth of hikes over the next 12 months. “The US Federal Reserve has started hiking, and markets are pricing in more hikes. If the RBI does not respond, India’s monetary policy misalignment with tightening global financial conditions would widen,” analysts at ANZ said in a note. “With rate differentials already compressed, that would leave the INR more exposed to any global risk-off episode.” On Wednesday, dollar sales by state-run banks – most likely on behalf of the Reserve Bank of India – helped limit the currency’s losses, traders said. The central bank also likely conducted dollar-rupee sell/buy swaps to drain excess cash in the banking system. The swaps were concentrated in the January 2027 maturity while a portion was for October 2027 maturity as well, a trader at a Mumbai-based bank said. Oil prices, meanwhile, held below $100 per barrel, kept in check by improving Gulf crude supplies and growing hopes for a diplomatic resolution to the US-Israeli war with Iran. [...]

Indian shares advance on oil retreat; financials lead
September 23, 2026 10:34
Indian shares advance on oil retreat; financials lead

Indian share benchmarks advanced as oil prices held near their lowest in more than two weeks on Wednesday, while lingering Middle East uncertainty kept a lid on gains. While US President Donald Trump warned on Tuesday that he could “annihilate” Iran, he also said his envoys had held productive talks with Iranian mediators to end their nearly seven-month-old war. That and Saudi Arabia’s restoration of supply through a key Red Sea pipeline kept Brent below $100 a barrel, offering relief to oil-import-dependent India and supporting domestic market sentiment. “The recent, sustained decline in crude prices has revived risk appetite among traders,” said Sudeep Shah, head of technical and derivatives research at SBI Securities. The Nifty 50 rose 0.5% to 23,446.80, while the BSE Sensex gained 0.4% to 74,828.25. They were up 0.44% and 0.36%, respectively, ahead of the closing auction. “For Nifty, the zone of 23,270-23,290 will act as a crucial support, while the resistance lies in the zone of 23,580-23,600,” said Shah. Fifteen of 16 major sectors rose. Small-caps and mid-caps added 0.9% and 0.7%, respectively. Heavyweight financials gained 0.6%, led by a 3.4% rise in Bajaj Finance after brokerage UBS upgraded its rating and hiked its price target on improved earnings outlook. Banks and state-owned lenders rose 0.6% and 1.1%, after UBS said CRIF Bureau’s August early-delinquency data showed asset quality was stable-to-improving across most retail loan categories. Metal index rose 2.4%, tracking gains in global metal prices on supply concerns and resilient demand, especially from top consumer China. Nifty IT was the sole sectoral decliner, weighed down by demand and earnings concerns, even as AI-heavy Asian technology markets advanced. Among individual stocks, Arvind Smartspaces jumped 6.8% after recording booking values of over 5 billion rupees ($52.22 million) in a premium Bengaluru residential project, within 30 days of its launch. [...]

Gold price drops by Rs1,800 per tola in Pakistan
September 23, 2026 9:50
Gold price drops by Rs1,800 per tola in Pakistan

Gold prices in Pakistan decreased on Wednesday in line with their loss in the international market. In the local market, gold price per tola reached Rs453,936 after a decline of Rs1,800 during the day. Similarly, 10-gram gold was sold at Rs389,176 after it fell by Rs1,544, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Tuesday, gold price per tola reached Rs455,736 after a decline of Rs1,800 during the day. The international rate of gold declined by $18 to reach $4,314 per ounce. Meanwhile, the price of silver also decreased by Rs30 to reach Rs7,008 per tola. [...]

OECD lifts 2026 global growth forecast to 2.9% despite Mideast war
September 23, 2026 9:03
OECD lifts 2026 global growth forecast to 2.9% despite Mideast war

PARIS: Economic growth has remained “resilient” in many countries despite the war in the Middle East, the OECD said Wednesday as it slightly raised its GDP forecasts for the year. Global economic growth is now seen at 2.9 percent, a 0.1-point increase from estimates in June by the Paris-based group of 38 industrialised countries. Even though energy prices have soared since the United States and Israel launched strikes against Iran last February, the OECD noted that “broader financial conditions remain supportive”, as seen in rising equity markets and continued access to credit. “Sizeable oil inventories, additional supply from outside the Gulf economies and discretionary government support measures all helped to cushion the impact on the global economy,” the group said in its quarterly update. It also cited the massive investments in artificial intelligence and the resulting boost to production and trade, which could result in “stronger growth than projected”. AEOI: OECD team undertakes onsite assessment But global growth has slowed sharply from the 3.4 percent chalked up last year, and the group trimmed its 2027 growth forecast by 0.1 percentage point, to three percent. Governments have started raising interest rates to contain inflation pressures stemming from high oil and gas prices, which have sent diesel and other fuel costs to highs not seen in years. That has sent government bond yields to levels not seen since the global financial crisis of 2007-2008, pushing up borrowing costs even as countries worldwide grapple with high debt and deficits. “Rising bond yields underline more than ever the need for enhanced efforts to contain and reallocate government spending, improve public-sector efficiency and strengthen revenues to ensure longer-term debt sustainability and maintain the ability of governments to react to significant shocks,” the OECD said. It also warned of prolonged inflation if the Mideast war continues, with price increases in the G20 group of developing and emerging economies seen at 4.1 percent overall this year. “Other significant downside risks include potential weather-related supply shocks, including a very strong El Nino, that adversely impact agricultural production and add to rising food price pressures,” it said. For the United States, it expects GDP to expand 2.2 percent this year, up 0.2 points from its June forecast, while the eurozone could see growth of one percent, also up 0.2 points. Japan’s growth is now seen at 0.8 percent, up 0.2 points, while the forecast for the Chinese economy, the world’s second largest, was held steady at 4.5 percent. [...]

Europe stocks rise as oil retreat aids sentiment; PMI data in focus
September 23, 2026 7:43
Europe stocks rise as oil retreat aids sentiment; PMI data in focus

European shares ‌inched higher on Wednesday as lower oil prices supported sentiment, while investors awaited key business activity data due ​later in the day. The benchmark pan-European ​STOXX 600 was up 0.4% at 645.04 points ⁠by 0708 GMT. Most major regional bourses ​also traded higher. Investors awaited S&P Global’s flash September ​purchasing managers’ index (PMI) survey for the euro zone, which could provide fresh clues on the health of the ​region’s economy. Aerospace and defence stocks led sectoral gains, ​with Saab and Exosens among the top performers. Oil prices extended ‌their ⁠decline as investors assessed the prospect of increased Gulf supplies after Saudi Arabia restarted operations at a key pipeline. Energy stocks, however, rose ​0.8%. Among individual ​stocks, KWS ⁠shed 6.1% after the German seed producer’s annual net sales fell 3% ​to €1.63 billion ($1.86 billion), missing IBES estimate ​of €1.68 ⁠bln, hit by lower sugarbeet and corn acreage. Shares of Adyen slipped roughly 2% after the Dutch ⁠payments processor ​named Klarna’s Niclas Neglen ​as its next chief financial officer, effective February 1, 2027. [...]

South African rand muted ahead of inflation data, expected rate hike
September 23, 2026 7:16
South African rand muted ahead of inflation data, expected rate hike

JOHANNESBURG: The South African rand was muted in early trade on Wednesday as investors awaited inflation data and ​a monetary policy decision later in the day, ‌with the central bank widely expected to raise interest rates. At 0616 GMT, the rand traded at 16.2125 against the dollar , down about 0.2% ​from its previous close. Statistics South Africa is due ​to publish August inflation data at 0800 GMT. Analysts ⁠polled by Reuters expect annual inflation to accelerate to ​4.5%, from 4.3% in July. However, Nedbank economists forecast headline consumer ​inflation would remain unchanged at 4.3%, citing lower transport costs due to a decline in fuel prices. As a net fuel importer, South Africa ​is heavily exposed to swings in global energy prices. Later in ​the day, the South African Reserve Bank will announce its policy decision, ‌with ⁠the central bank widely expected to deliver a 25-basis-point rate hike after leaving rates unchanged at its previous meeting. “Inflation looks set to remain above the target for some time, ​our forecast suggests ​another 10 ⁠months. This is long enough to undermine policy credibility and unsettle inflation expectations,” Nedbank economists ​said in a note. “The rand’s impressive resilience will ​depend ⁠on the SARB hiking, or it will reverse,” ETM Analytics said in a note, adding there was plenty of room for ⁠disappointment ​should the central bank not raise ​rates. South Africa’s benchmark 2035 government bond was steady in early deals, with the ​yield at 8.585%. [...]

Thai baht/US dollar weaker on Wednesday
September 23, 2026 6:44
Thai baht/US dollar weaker on Wednesday

BANGKOK: The Thai baht weakened against the US dollar on Wednesday. At 0155 GM, the baht was 0.14% lower at 33.16 versus the dollar, after trading in a range of 33.105 to 33.168. It ended the previous session at 33.1175 per dollar, as per LSEG data. ‑Reuters [...]

Australian dollar hits parity with its Canadian counterpart as rate outlook diverges
September 23, 2026 6:37
Australian dollar hits parity with its Canadian counterpart as rate outlook diverges

SYDNEY: The Australian dollar hit parity with its Canadian counterpart for the first time in more than eight years as diverging rate outlooks drove a widening gap between the two commodity currencies. The Aussie traded at C$1.0004 on Wednesday after climbing 0.2% overnight to hit an 8-1/2-year top of C$1.0012. It was also hovering near a 15-month high against the euro at A$1.6082 and not far from a three-month peak on sterling at A$1.8753. The Aussie’s strength against its major peers has been driven by a sharp shift in the Reserve Bank of Australia’s rate outlook, with a fourth hike this year to 4.6% on September 29 all but locked in. The question is whether it would keep the door open to another move in November. In contrast, the Bank of Canada has lagged behind the global tightening cycle, having held rates steady at 2.25% for nearly a year as inflation remained subdued and a trade war with the US clouded the economic outlook. There is an even chance that it could lift rates next month. “I think it’s very consistent with the repricing of RBA hiking expectations,” said Ray Attrill, head of FX strategy at the National Australia Bank, adding that the price drop in oil, one of Canada’s major exports, likely weighed on the loonie in recent days. “We are sceptical that what is priced in as far as the potential Bank of Canada tightening over the remainder of this year is actually going to be delivered.” Against the US dollar, the Aussie was flat at $0.7113, having slipped 0.1% overnight. It faces resistance around $0.7140 and has support at $0.7075. All eyes are on the jobs data on Thursday where forecasts are centred on a rise of 20,000 jobs in August, with the unemployment rate holding steady at 4.5%. It would likely take a sharp and unexpected jump in unemployment to derail bets on a rate hike next week after RBA Governor Michele Bullock said an unemployment rate of 4.5% to 5% could help restrain inflation. The kiwi eased 0.2% to $0.5718, having retreated from a one-week top of $0.5749 overnight. Having slid over 4% from its August peak, the technical set-up is still bearish as it struggles to bounce off an 11-week low of $0.5695. Hawkish comments from Reserve Bank of New Zealand chief Anna Breman have helped nudge up bets of a third rate hike this year to 3% next month at 75%, but interest rates there are still lower than in many other developed economies. [...]

Miners buoy Australian shares on copper boost; banks and energy stocks cap gains
September 23, 2026 6:35
Miners buoy Australian shares on copper boost; banks and energy stocks cap gains

Australian shares eked out slight gains on Wednesday, largely driven by heavyweight miners, while losses in banks and energy firms limited further strength. The S&P/ASX 200 index rose 0.3% to 8,787.90 by 0010 GMT. The benchmark finished up 0.3% Tuesday. The resources sub-index, accounting for more than a quarter of the Australian bourse, advanced more than 2% in its steepest daily gain since late August. The sub-index is benefiting from copper prices extending gains as top consumer China stocked up on the metal ahead of holidays. Sector majors BHP and Rio Tinto surged 1.6% and 1%, respectively. Gold miners added 3.4%, hitting a near three-week peak. Northern Star Resources and Evolution Mining added between 3% and 4%, each. Real estate stocks advanced 0.3% while the consumer staples sub-index marginally rose 0.2%. Financials bucked the trend to lose 0.3%, with three of the “Big Four” banks falling between 0.1% and 0.6% while National Australia Bank traded in positive territory. Insurance Australia Group slipped as much as 3.1% in its largest one-day decline in a month, emerging as one of the benchmark’s top losers after the country’s competition regulator blocked its planned takeover of RAC Insurance. Energy stocks hit a near four-week low after falling 0.9%, as crude prices extended losses on hopes of increased supplies from the Middle East. Index leaders Woodside Energy and Santos slipped as much as 1.6% and 1.8%, respectively, to hit multi-week lows. Technology stocks failed to mirror the Nasdaq Composite’s record high overnight, declining 0.4%. WiseTech Global lost as much as 1.4%, while Xero shed as much as 3% to hit its lowest since March 2020. Across the Tasman Sea, New Zealand’s benchmark S&P/NZX 50 index rose by around 10 points to 13,885.73. [...]

Govt cuts diesel price by Rs4.21, petrol by Rs1.93 per litre
September 23, 2026 6:07
Govt cuts diesel price by Rs4.21, petrol by Rs1.93 per litre

The federal government has reduced the ex-depot prices of high-speed diesel (HSD) by Rs4.21 to Rs414.75 per litre, and motor spirit (petrol) by Rs1.93 per litre to Rs390.12 per litre The previous price of HSD was Rs418.96 per litre, while petrol was priced at Rs392.05 per litre. According to a press release issued by the Petroleum Division on Wednesday, the revised prices will take effect from September 24, 2026, under the petroleum pricing mechanism notified by the federal government. The Petroleum Division said the price changes were necessitated by global developments, including changes in Platts rates, premiums and incidentals. In the previous review, the government had reduced the price of diesel by Rs3.12 to Rs418.96 per litre and petrol by Rs1.70 to Rs392.05 per litre. Meanwhile, oil prices were up almost 2% a barrel on Wednesday in choppy trade, as traders evaluated Iranian President Masoud Pezeshkian’s vow never to surrender, a day after US President Donald Trump warned he could “annihilate” Iran. Brent crude futures rose $1.84, or 1.85%, to $101.09 a barrel by 11:11 a.m. EDT, while West Texas Intermediate futures gained 69 cents, or 0.76%, to $91.21. [...]

Digital transformation key to Pakistan’s sustainable growth: Aurangzeb
September 23, 2026 4:58
Digital transformation key to Pakistan’s sustainable growth: Aurangzeb

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said digital transformation is central to Pakistan’s transition from economic stabilisation towards sustainable economic growth, the Finance Division said on Wednesday. Addressing the Digital Cooperation Organization’s (DCO) High-Level Ministerial Dialogue in New York, the finance minister highlighted the importance of developing digital public infrastructure and expanding cashless payment systems. Aurangzeb, who is in New York to attend the 81st session of the United Nations General Assembly (UNGA), said Pakistan’s digital transformation agenda should go beyond connectivity and include comprehensive upskilling and reskilling programmes. He noted that enhanced digital skills could enable freelancers and other digital workers to move towards higher-value services, helping strengthen the country’s digital economy. The minister also discussed the growing adoption of virtual assets and Pakistan’s efforts to establish an appropriate framework covering legislation, oversight and licensing. He emphasised that the potential of virtual assets extends beyond cryptocurrency, pointing to their possible application in facilitating cheaper and more seamless remittances. Aurangzeb also highlighted the potential for tokenisation in areas such as public debt and real estate, suggesting that emerging digital technologies could create new avenues for financial innovation. He called for greater cooperation among DCO member states to exchange successful experiences, share policy approaches and facilitate investment in the digital economy. The minister’s participation in the DCO dialogue comes as Pakistan seeks to strengthen its digital infrastructure and leverage technology as part of its broader economic growth strategy. [...]

Women in Tech Accelerator Pakistan announces eighth cohort winners
September 23, 2026 4:55
Women in Tech Accelerator Pakistan announces eighth cohort winners

Standard Chartered Foundation, in partnership with INNOVentures Global and Village Capital, has concluded the eighth cohort of the Women in Tech Accelerator for Pakistan, awarding three women-led start-ups equity-free grant funding totalling Rs10.5 million at a graduation ceremony in Karachi. EV Square, founded by Aimen Shafique, received the first prize of Rs5 million, while Blusha App, founded by Minahil Zafar, received Rs3 million as the second prize. Zvolta, founded by Anusha Shahid, was awarded the third prize of Rs2.5 million. The winners will also receive an additional six months of hand-holding and financial oversight, along with lifelong membership of the Women in Tech Alumni Network. The Accelerator began with 30 founders undergoing a six-day bootcamp, after which 10 women entrepreneurs received three months of tailored investment-readiness support and expert mentorship. The programme also provided opportunities for participants to strengthen their business models, competitive advantage, scalability and funding strategies, alongside a two-stage funding intervention for high-potential startups from the cohort. The Women in Tech Accelerator supports women entrepreneurs building innovative, technology-enabled businesses that address market and community needs. Through investment-readiness support, catalytic grant funding and expert mentorship, the programme aims to help founders scale sustainably, create jobs and deliver lasting impact. Commenting on the occasion, Adil Salahuddin, CEO & Head of Coverage, Standard Chartered Pakistan, congratulated the founders of Cohort 8 and said the programme had been designed to help entrepreneurs strengthen their business models and accelerate their growth journey through mentorship, business advisory support, industry connections and capacity-building opportunities. “We are proud to have supported these founders as they scale their ventures, create employment opportunities, and contribute to Pakistan’s entrepreneurial ecosystem,” he said, wishing each founder continued success as they take their businesses to the next level. British Deputy High Commissioner in Karachi Alison Blackburne said Pakistan’s women entrepreneurs were turning bold ideas into businesses that create jobs and improve lives. “The UK is proud to support their ambition and talent,” she said, congratulating this year’s winners and commending the Standard Chartered Foundation and its partners for providing women with the funding, skills and networks needed to grow their businesses and shape Pakistan’s future. The founders presented their ventures to a judging panel comprising Ghias Khan, Independent Non-Executive Director and Member of the Board of Directors, Standard Chartered Pakistan; Saad Amanullah, Board Member FFC and President PILAP; Musharaf Hai, Former CEO Unilever Pakistan; and Sara Khurram, CEO Sehat Kahani. The Pakistan Accelerator is part of the Standard Chartered Foundation’s global Women in Tech initiative, which is delivered across Africa, the Middle East and Pakistan. Since its launch, the Pakistan Accelerator has supported more than 200 women-led start-ups through mentorship and awarded over $425,000 in grant funding. Globally, the programme aims to support 400 women entrepreneurs across 12 countries, including Pakistan, over three years, distribute over $1.9 million in catalytic grants, enable and support more than 1,200 jobs across participating markets, and connect women founders to a global network of peers, funders and industry experts. The programme is designed to help women founders build, scale and lead businesses that create meaningful impact in their communities by providing access to training, networks, mentorship and catalytic funding. [...]

Oil up almost 2% as Iran's president vows to never surrender
September 23, 2026 4:17
Oil up almost 2% as Iran's president vows to never surrender

HOUSTON: Oil prices were up almost 2% a barrel on Wednesday in choppy trade, as traders evaluated Iranian President Masoud Pezeshkian’s vow never to surrender, a day after US President Donald Trump warned he could “annihilate” Iran. Brent crude futures rose $1.84, or 1.85%, to $101.09 a barrel by 11:11 a.m. EDT while West Texas Intermediate futures gained 69 cents, or 0.76%, to $91.21. At the UN General Assembly in New York, Pezeshkian said in a speech on Wednesday that Tehran would never surrender to the US but still believes in diplomacy. On Tuesday, Trump used a speech at the same forum to make his threat. Tehran was reviewing the US response to its proposal to end hostilities, though many differences remain, a senior Iranian official told Reuters. A reopening of the Strait of Hormuz and lifting of Washington’s naval blockade on Iran were discussed during indirect talks on Tuesday, the official said. Earlier on Wednesday, Iran’s security chief Mohsen Rezaei had said the Strait of Hormuz would not be reopened while Iran’s conditions are not met. Iran says struck oil tanker in Strait of Hormuz Meanwhile, European low-sulphur gasoil’s premium to Brent crude futures hit a record of about $95 a barrel after Trump said he backed the idea of a diesel export ban to lower prices that have hit record highs owing to a global supply shortage. US Energy Secretary Chris Wright said later that a diesel export ban would not work. Analysts and market watchers have warned that such a move would do little to ease high energy prices and could worsen global supplies and further disrupt economies. Europe has depended on diesel and jet fuel imports from the US during the US-Israeli war on Iran. “Brent is being underpinned by surging gasoil prices amid renewed worries the US may introduce a diesel export ban,” said Ole Hansen, head of commodity strategy at Saxo Bank. Meanwhile, US crude inventories rose by 3 million barrels to 426.4 million barrels in the week ended September 18, the Energy Information Administration said. Analysts polled by Reuters had expected a 641,000-barrel draw. Fuel stocks fell. Saudi Arabia restarts East-West oil pipeline, sources say Rising gulf supplies, diplomacy hopes On Tuesday, the Brent benchmark hit its lowest since September 8 at $97.36. Early on Wednesday, WTI touched its lowest since September 1. Prices were pressured by more supplies flowing out of the Middle East and hopes for a peace deal soon between Washington and Tehran. Saudi Arabia resumed operations on its East-West Pipeline to the Red Sea on Tuesday, said three sources briefed on the matter. “The only news that is worth focusing on from a lower price point is the reopening of the East-West Saudi pipeline,” Hansen added. Drone attacks, which Saudi Arabia has blamed on Iraqi militia, forced the kingdom to shut the pipeline on September 11, halting crude loadings at Yanbu port. On Tuesday, Saudi Arabia offered more barrels to Asian refiners for lifting from locations outside of the Strait of Hormuz. Iraq’s minister said on Tuesday the country is exporting more than 3 million bpd, and expects to boost exports via Turkiye to more than 600,000 barrels per day. A senior Iranian official told Reuters the Strait of Hormuz could reopen within seven days if the US eases military pressure and lifts its blockade on Iranian ports. On Wednesday, US Secretary of State Marco Rubio told reporters that both Russia and Ukraine had expressed interest in a limited ceasefire involving grains and energy. [...]

Bangladesh to buy 11 more Boeing jets as it seeks closer US trade ties
September 23, 2026 3:39
Bangladesh to buy 11 more Boeing jets as it seeks closer US trade ties

DHAKA: Bangladesh will buy a further 11 aircraft from Boeing officials said on Wednesday, expanding national carrier Biman Bangladesh Airlines’ planned orders to 25 jets as Dhaka seeks closer trade ties with the United States amid concerns over tariffs on its exports. The agreement, scheduled to be signed in New York on Wednesday, is part of Bangladesh’s efforts to boost imports from the United States, ease pressure from a roughly $6 billion trade imbalance and reduce the risk of tariff increases that could hurt its export-driven economy, particularly the garment sector. The US Ambassador to Bangladesh, Brent Christensen, confirmed the Boeing purchase in a Facebook post, calling it another “win-win” for US-Bangladesh relations. Biman is renewing its fleet, aiming to expand capacity and improve connectivity. Bangladesh raises fuel prices by up to 17% amid global oil price surge The latest order follows a $3.7 billion deal signed in April for 14 Boeing aircraft, including 10 Dreamliners and four 737 MAX 8 jets, with deliveries scheduled between 2031 and 2035. European rival Airbus remains in contention, with a government-appointed technical committee reviewing a proposal to acquire 10 aircraft. Details of the additional Boeing order are expected to be disclosed after the signing ceremony. [...]

Rupee registers gain against US dollar
September 23, 2026 3:00
Rupee registers gain against US dollar

The Pakistani rupee extended its marginal gains against the US dollar in the interbank market on Wednesday. The local unit closed the day at 277.20, a gain of Re0.01 against the greenback. On Tuesday, the Pakistani rupee settled at 277.21 against the dollar. Globally, the US dollar steadied near its strongest level in two months on Wednesday ​on prospects of interest rate hikes in the near term, while easing oil prices on hopes for a diplomatic ‌breakthrough to end the Middle East war kept investors on edge. The euro was at $1.1446 in early trading, loitering near its weakest level since late July. Sterling bought $1.3337. The dollar index, which measures the US currency against six rivals, was at 100.56. The recent barrage of rate hikes and ​hawkish rhetoric from major central banks has taken centre stage in currency markets as the US-Israeli conflict with Iran ​drives oil prices higher and fans inflation worries. Investors are now anticipating further tightening from central ⁠banks, with Federal Reserve officials flagging the possibility of more hikes if inflation does not ease. Investors are also waiting for a high-stakes meeting between Trump and Chinese President Xi Jinping as the two leaders seek stability in a relationship ​under pressure over wide-ranging issues. The Japanese ​yen was at 157.55 ⁠per US dollar as traders remain wary of the threat of intervention as markets judged the Bank of Japan’s rate hike to a 31-year high last week as insufficiently hawkish. Oil prices, a key indicator of currency parity, held near their lowest in more than two weeks on Wednesday as improving Gulf crude supplies weighed on the market, though diesel refining margins hit a record high on potential restrictions to US diesel exports. Brent crude futures rose $1.33, or 1.34%, to $100.58 a barrel by 1303 GMT while West Texas Intermediate futures gained 65 cents, or 0.72%, to $91.17. Inter-bank market rates for dollar on Wednesday BID                            Rs 277.20 OFFER                      Rs 277.40 Open-market movement In the open market, the PKR gained 2.00 paisa for buying and 4.00 paisa for selling against USD, closing at 278.17 and 279.22, respectively. Against Euro, the PKR gained 1.18 rupee for buying and 88.00 paisa for selling, closing at 317.45 and 320.75, respectively. Against UAE Dirham, the PKR remained unchanged for buying and lost 2.00 paisa for selling, closing at 75.70 and 76.29, respectively. Against Saudi Riyal, the PKR lost 1.00 paisa for both buying and selling, closing at 74.02 and 74.52, respectively. Open-market rates for dollar on Wednesday BID                            Rs 278.17 OFFER                      Rs 279.22 [...]

UAE bans Iran's Bank Melli from operating in the country
September 23, 2026 2:18
UAE bans Iran's Bank Melli from operating in the country

The United Arab Emirates’ central bank on Wednesday barred Iran’s Bank Melli from operating in the UAE, citing breaches of regulatory requirements. The move follows the UAE’s decision in August to suspend all trade, commercial exchanges and financial transactions with Iran until further notice. Iran has attacked neighbouring countries allied to the US, including the UAE, since the start of the US war on Iran at the end of February. Bank Melli began operating in the UAE in 1969 and has seven branches in the country across various emirates. Its main office is in Dubai, according to its website. The UAE has historically been one of Iran’s most critical economic lifelines and Dubai’s banks have long held substantial Iranian-linked deposits, much of them immobilised under US sanctions. It was not immediately clear whether the central bank’s decision marked a widening of curbs following US Treasury sanctions against Bank Melli. The US Treasury did not immediately respond to a request for comment. [...]

ADB expects Pakistan's GDP growth at 3.7% in FY27 as Middle East conflict weighs on economy
September 23, 2026 2:09
ADB expects Pakistan's GDP growth at 3.7% in FY27 as Middle East conflict weighs on economy

Pakistan’s economic growth is expected to remain at 3.7% in the ongoing fiscal year 2027 (FY27) as the lingering effects of the Middle East conflict weigh on activity, while inflation is projected to rise to 8.3%, the Asian Development Bank (ADB) said. The ADB, in its latest Asian Development Outlook for September, said higher energy and logistics costs and pressure on the exchange rate would complicate Pakistan’s economic recovery. “Growth is projected to remain at 3.7% in FY2027 as lingering effects from the Middle East conflict dampen macroeconomic momentum,” said ADB. The outlook noted that sustained performance under the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) program, re-entry into international capital markets, and the July and August 2026 sovereign credit rating upgrades have collectively improved investor confidence and reduced financing costs from their FY2024 peak. “Private investment is expected to be the primary demand driver, building on the 8.6% real expansion in FY2026,” it said. It said tariff reductions on industrial inputs under the National Tariff Policy 2025-2030 and a lower corporate tax burden following a cut in the super tax should improve the investment climate. However, household spending is likely to remain subdued with real incomes compressed by the pass-through of high global energy prices. “Services are expected to remain resilient with information technology exports providing a strong basis, while manufacturing faces slower momentum as elevated energy prices raise production costs. “Construction is expected to gain from budget incentives, including reduced property transaction taxes and a higher interest subsidy under the Prime Minister’s housing scheme,” it said. The ADB forecast inflation at 8.3% in FY2027, above the central bank’s medium-term target range of 5%-7%. “The projection assumes a gradual moderation of inflation from the June 2026 year-on-year rate of 11.1% and a return to the 5%–7% range in the second half of FY2027. “Domestic fuel and logistics costs are expected to remain elevated in the first half of FY2027 amid ongoing disruptions to global energy supplies, while higher international fertiliser prices will raise agricultural input costs and food prices. “A pickup in economic activity and rising import costs could exert pressure on the exchange rate, raising imported inflation,” the lender said. ADB said the SBP faces a difficult trade-off between supporting growth and bringing inflation sustainably back to target, with the real policy rate having fallen close to zero by the end of FY2026. The report highlighted that Pakistan’s FY2027 budget targets a consolidated fiscal deficit of 3.6% of GDP and an underlying primary surplus of 2%, in line with IMF programme targets. FBR collections are targeted to grow by 17.6%, raising FBR taxes from 10.2% of GDP to 10.6%. “However, their revenue cost must be offset through improved compliance and enforcement, making the FBR target ambitious,” said ADB. ADB also expect Pakistan’s current account deficit to widen amid heightened geopolitical tensions and recovering domestic demand. “Stronger import growth, driven by the manufacturing recovery and persistent frictions in global energy markets, including higher freight and insurance premiums, is expected to widen the trade deficit even as petroleum prices ease,” it said. Still, Pakistan’s gross international reserves are projected to exceed $21 billion by end-June 2027, equivalent to about 3.3 months of import cover, providing near-term external stability. ADB warned that “if the Middle East conflict escalates, it could raise energy import costs, intensify domestic inflationary pressures, and prolong disruptions to the Gulf countries’ labour markets, limiting workers’ remittances”. “Pakistan remains particularly exposed because petroleum accounts for a significant share of imports, while remittances from Gulf economies remain the country’s largest source of foreign exchange,” it said. The Manila-based lender also flagged tighter global financial conditions, revenue shortfalls, weather-related agricultural shocks and delays in energy and state-owned enterprise reforms as key downside risks. ADB said sustained implementation of IMF-backed reforms, energy-sector improvements, privatisation and expansion of IT and digital services could strengthen Pakistan’s medium-term growth prospects. “Pakistan’s growing information technology and digital services offer a path for export-led growth less vulnerable to commodity price volatility,” said ADB. [...]

McDonald's lays out $8.5 billion franchisee support plan, targets higher margins by 2030
September 23, 2026 1:56
McDonald's lays out $8.5 billion franchisee support plan, targets higher margins by 2030

McDonald’s on Wednesday outlined about $8.5 billion in support for franchisees as part of an expanded growth plan and set targets for margin and market share growth as it looks to revive sales momentum after several muted quarters. The new goals come shortly after it blamed execution missteps in winning back lower-income consumers in an uncertain economy for weaker-than-expected U.S. sales growth in the second quarter. Ahead of its investor meeting later in the day, the company said the franchisee support investments will be over the next decade through 2036. It also set targets for restaurant productivity as well as for operating margin in the low- to mid-50% range by 2030. The company’s turnaround effort in the U.S. is getting a renewed push under industry veteran Skye Anderson, who was named president of its U.S. business last month. “We expect industry traffic growth in our wholly owned markets will be flat, while inflation remains elevated,” CEO Chris Kempczinski cautioned during the investor day conference. Shares of the company fell 3.6% in early trading, reversing premarket gains. They have fallen nearly 18% so far this year. Announced in June, McDonald’s “NEXT” strategy aims to improve food quality, hospitality, value and innovation, with executives on Wednesday providing the first detailed roadmap for the plan. The plan also includes simplifying operations, modernizing restaurant designs, investing in employee training and expanding the use of ArchIQ, its AI-powered restaurant operating system that automates tasks such as drive-thru ordering. McDonald’s expects the plan to improve restaurant efficiency by 250 basis points, generating about $100,000 in additional annual cash flow for the average U.S. restaurant. The company said that of the $8.5 billion, roughly $5 billion will be invested by 2030 through a combination of rent relief and capital support for franchisees. The burger chain also expects restaurant expansion to contribute about 2.5% of systemwide sales growth in 2027 and around 2% by 2030. It also set a goal of gaining 1.5 percentage points of market share in chicken products globally by 2030 as rising beef prices boost demand for chicken. [...]

Most Gulf bourses rise on oil supply recovery, diplomacy hopes
September 23, 2026 1:50
Most Gulf bourses rise on oil supply recovery, diplomacy hopes

Most Gulf equity markets closed higher on Wednesday, buoyed by restored crude flows from a key Saudi pipeline and growing optimism over a diplomatic resolution to the US-Iran conflict. Global oil markets faced downward pressure on Tuesday after Saudi Arabia restarted operations at its East-West Pipeline, with three sources indicating crude exports from the Red Sea port of Yanbu could soon resume amid broader signs of rising Middle Eastern supply. Despite US President Donald Trump alternating between stark threats and hints of an imminent accord in response to Iranian defiance, diplomatic efforts at the United Nations continued to gain ground. This momentum toward de-escalation, coupled with recovering regional supply, alleviated market strain and dragged benchmark Brent crude below the $100-a-barrel mark for the first time since September 8. Dubai’s main share index edged 0.2% higher, helped by a 2.8% rise in toll operator Salik Co . Geopolitics stayed front and center for investors, said Milad Azar, market analyst at XTB MENA. While subdued traffic through the Strait of Hormuz kept caution elevated, renewed U.S.-Iran diplomacy and reports of a potential reopening of the waterway buoyed sentiment. Markets now await concrete diplomatic timelines to anchor lasting stability, he added. In Qatar, the index rose 0.3%, with Qatar National Bank , the Gulf’s biggest lender, gaining 0.5%. In Abu Dhabi, the index reversed early losses to finish 0.4% higher. On Wednesday, the Saudi stock market was closed for a public holiday. Outside the Gulf, Egypt’s blue-chip index retreated 1.3%. Meanwhile, Egypt’s central bank will almost certainly leave interest rates unchanged on Thursday, a Reuters poll showed, as inflation eases only gradually and regional risks keep policymakers cautious about resuming cuts. Abu Dhabi rose 0.4% to 10,269 Dubai was up 0.2% to 6,008 Qatar added 0.3% to 9,546 Egypt declined 1.3% to 54,245 Bahrain dropped 0.4% to 1,903 Oman was flat at 7,557 Kuwait gained 0.9% to 9,224 [...]

PSX: Buying continues, KSE-100 gains over 800 points
September 23, 2026 1:44
PSX: Buying continues, KSE-100 gains over 800 points

Buying continued at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index settling with a gain of over 800 points during a volatile trading session on Wednesday. The benchmark index opened with a sharp upward move before facing selling pressure in the early session. After briefly moving above 172,400, the benchmark retreated towards the 172,000 level before recovering steadily through the late morning. Buying momentum strengthened around noon, pushing the KSE-100 to its intraday high of 172,762.41. The rally, however, failed to sustain at the upper levels and the index gradually lost ground through the afternoon, slipping from above 172,600 to around 172,100–172,000 by 2pm. The index remained largely range-bound during the latter part of the session before staging a modest rebound during the final hour of trading. At close, the benchmark index settled at 172,232.51, up by 830.43 points or 0.48%. “The local bourse staged a strong recovery today, as easing international oil prices and improving US-Iran dynamics provided a much-needed boost to investor sentiment,” said Topline Securities in its post-market commentary. The brokerage house noted that the positive momentum was supported by softer global oil prices and signs of easing tensions between the US and Iran, helping revive risk appetite and ease concerns surrounding regional and external account pressures. “The refinery sector stole the spotlight, with PRL hitting its upper circuit, while ATRL, NRL, and CNERGY also closed higher amid market chatter that the long-awaited refinery policy could be signed as early as tomorrow or Friday. “Index-heavy names provided further fuel to the rally, with FFC, UBL, MEBL, ATRL, and ENGROH emerging as the major contributors, collectively adding approximately 493 points to the index,” it added. In a key development, an International Monetary Fund (IMF) mission led by Iva Petrova has started discussions with Pakistani authorities for the next review under the $7-billion Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), official sources told Business Recorder. On Tuesday, the PSX closed marginally higher, as late-session value-hunting helped the market recover from early weakness amid declining international oil prices and developments surrounding efforts to ease regional tensions. The benchmark KSE-100 remained range-bound during the session before settling at 171,402.08 points. Globally, Asian shares were aiming for a sixth session of gains on Wednesday as signs of consumer demand for AI apps continued to buoy ​tech stocks, while oil prices faltered on reports of increased supply out of the Middle East. Sources told Reuters Saudi Arabia had ‌restarted operations at its East-West Pipeline and may have already resumed exports from the Red Sea port of Yanbu. US President Donald Trump also claimed talks with Iran in New York had made progress, but then threatened to “annihilate” the country if a deal was not done. Iranian President Masoud Pezeshkian addresses the UN General Assembly later on Wednesday and markets ​are alive to reports he might hold talks with Trump. Chinese President Xi Jinping arrives in Washington later in the day amid speculation that a trade truce between the ⁠two countries will be extended, and there could be cooperation over AI. Renewed buzz over AI helped South Korean stocks gain 1.2%, with Samsung and ​SK Hynix both up over 2%. Taiwan firmed 0.9%, to near all-time peaks. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.7%, having now risen ​for six straight days. Chinese blue chips were little changed. Japanese markets were closed for a holiday, but Nikkei futures were trading at 66,745, almost 2,000 points above where the cash Nikkei closed on Friday. Meanwhile, the Pakistani rupee extended its marginal gains against the US dollar in the interbank market on Wednesday. The local unit closed the day at 277.20, a gain of Re0.01 against the greenback. Volume on the all-share index increased to 773.59 million from 641.83 million recorded in the previous close. The value of shares jumped to Rs26.45 billion from Rs18.47 billion in the previous session. Cnergyico PK was the volume leader with 150.27 million shares, followed by WorldCall Telecom with 91.08 million shares, and Tasdeeq Information with 58.64 million shares. Shares of 496 companies were traded on Wednesday, of which 262 registered an increase, 196 recorded a fall, and 38 remained unchanged. [...]

India tightens proposed food warning labels in setback to industry
September 23, 2026 1:29
India tightens proposed food warning labels in setback to industry

NEW DELHI: India toughened its stance on proposed warning labels for packaged foods on Wednesday, saying products high in salt, sugar or fat would carry red warning symbols even if only one of those ingredients exceeded limits, dealing a setback to the $100 billion industry. The move abandons an earlier plan of the Food Safety and Standards Authority of India which would have included warnings only when two ingredients breached thresholds. That plan was criticised by activists and health experts as being too lenient, prompting the Supreme Court of India to question the approach. Warning labels will now be rolled out in a single phase, the FSSAI told the Supreme Court in a filing dated Wednesday, which is not public but was seen by Reuters. “FSSAI proposes to adopt a single-phase approach … Furthermore, where only one nutrient of concern is present, the corresponding nutrient shall be indicated in the hexagon,” the court filing said, referring to the red warning symbol which will have a white square background. India finds Nestle baby food sample substandard, takes legal action India’s food and drinks market is one of the fastest-growing for foreign players including Nestle, Unilever, Mondelez and Mars, whose food products compete in a thriving industry that includes big Indian firms. The nationwide debate on food safety has intensified since Reuters reported last month that India’s government opted ​for a weaker labelling regime after lobbying by Coca-Cola and groups backing Nestle and PepsiCo which argued warning labels were ineffective. Many companies, however, have implemented such measures voluntarily in European markets. [...]

Sri Lankan shares inch higher as communication, IT rise
September 23, 2026 1:23
Sri Lankan shares inch higher as communication, IT rise

Sri Lankan shares closed higher on Wednesday, led by gains in communication services and information technology stocks. The CSE All-Share index settled up 0.15% at 21,085.15. Industrial Asphalts (Ceylon) PLC and Agstar PLC were the top percentage gainers on the CSE All-Share index, rising 16.7% and 10.3%, respectively. Trading volume on the index rose to 83.4 million shares from 58.4 million in the previous session. The equity market’s turnover fell to 1.32 billion Sri Lankan rupees ($4.01 million) from 1.37 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 12.9 million rupees, while domestic investors were net buyers, purchasing shares worth 1.31 billion rupees, the data showed. [...]

India's $507 million line of credit to Maldives effective August 27, central bank says
September 23, 2026 12:40
India's $507 million line of credit to Maldives effective August 27, central bank says

India government-backed 48.50 billion rupees ($506.58 million) line of credit to the Maldives became effective on August 27, 2026, the Reserve Bank of India said on Wednesday, paving the way for individual project-level credit agreements under the facility. The RBI said that the facility will be deployed through individual credit agreements with minimum value of 5 billion rupees each Under the agreement, at least 75% of the value of goods, works and services under contracts financed through the facility must be supplied by sellers from India, while the remaining 25% may be sourced from outside India. The regulator said the line of credit cannot be used to pay agency commissions on exports, adding that exporters can use their own funds for such payments. Maldives seeks fuels from India amid Iran war India had agreed to provide line of credit to the Maldives in July 2025 via the Export-Import Bank to finance various developmental projects in the country. [...]

Palm falls for fourth session on stockpile concerns, weak demand
September 23, 2026 11:28
Palm falls for fourth session on stockpile concerns, weak demand

KUALA LUMPUR: Malaysian palm oil futures fell for the fourth straight session on Wednesday, as expectations of rising inventories and weak demand weighed on the market. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange slid 42 ringgit, or 0.87%, to 4,768 ringgit ($1,169.49) a metric ton at the close. The market is well aware that end-stocks will likely rise to 3 million metric tons, or slightly higher by September-end, driven by a double-digit increase in production, particularly in the state of Sabah, said Paramalingam Supramaniam, a director at Selangor-based brokerage Pelindung Bestari. “Demand also remains sluggish and the market cannot escape the influence from both of these overarching variables,” he added. Cargo surveyors estimated that exports of Malaysian palm oil products for September 1 to 20 fell between 12.8% and 24.7% from a month earlier. Dalian’s most-active soyoil contract fell 0.27%, while its palm oil contract shed 1.43%. Soyoil prices on the Chicago Board of Trade were down 0.63%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Oil prices held near their lowest in more than two weeks as improving Gulf crude supplies weighed on the market, though diesel refining margins hit a record high on potential restrictions to US diesel exports. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. European Union soybean imports for the 2026/27 season that began in July had reached 2.67 million tons by September 20, down 14% from a year earlier, while palm oil imports fell 26% to 0.56 million tons, European Commission data showed. [...]

Govt cuts diesel price by Rs4.21, petrol by Rs1.93 per litre
September 23, 2026 6:07
Govt cuts diesel price by Rs4.21, petrol by Rs1.93 per litre

The federal government has reduced the ex-depot prices of high-speed diesel (HSD) by Rs4.21 to Rs414.75 per litre, and motor spirit (petrol) by Rs1.93 per litre to Rs390.12 per litre The previous price of HSD was Rs418.96 per litre, while petrol was priced at Rs392.05 per litre. According to a press release issued by the Petroleum Division on Wednesday, the revised prices will take effect from September 24, 2026, under the petroleum pricing mechanism notified by the federal government. The Petroleum Division said the price changes were necessitated by global developments, including changes in Platts rates, premiums and incidentals. In the previous review, the government had reduced the price of diesel by Rs3.12 to Rs418.96 per litre and petrol by Rs1.70 to Rs392.05 per litre. Meanwhile, oil prices were up almost 2% a barrel on Wednesday in choppy trade, as traders evaluated Iranian President Masoud Pezeshkian’s vow never to surrender, a day after US President Donald Trump warned he could “annihilate” Iran. Brent crude futures rose $1.84, or 1.85%, to $101.09 a barrel by 11:11 a.m. EDT, while West Texas Intermediate futures gained 69 cents, or 0.76%, to $91.21. [...]

Digital transformation key to Pakistan’s sustainable growth: Aurangzeb
September 23, 2026 4:58
Digital transformation key to Pakistan’s sustainable growth: Aurangzeb

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said digital transformation is central to Pakistan’s transition from economic stabilisation towards sustainable economic growth, the Finance Division said on Wednesday. Addressing the Digital Cooperation Organization’s (DCO) High-Level Ministerial Dialogue in New York, the finance minister highlighted the importance of developing digital public infrastructure and expanding cashless payment systems. Aurangzeb, who is in New York to attend the 81st session of the United Nations General Assembly (UNGA), said Pakistan’s digital transformation agenda should go beyond connectivity and include comprehensive upskilling and reskilling programmes. He noted that enhanced digital skills could enable freelancers and other digital workers to move towards higher-value services, helping strengthen the country’s digital economy. The minister also discussed the growing adoption of virtual assets and Pakistan’s efforts to establish an appropriate framework covering legislation, oversight and licensing. He emphasised that the potential of virtual assets extends beyond cryptocurrency, pointing to their possible application in facilitating cheaper and more seamless remittances. Aurangzeb also highlighted the potential for tokenisation in areas such as public debt and real estate, suggesting that emerging digital technologies could create new avenues for financial innovation. He called for greater cooperation among DCO member states to exchange successful experiences, share policy approaches and facilitate investment in the digital economy. The minister’s participation in the DCO dialogue comes as Pakistan seeks to strengthen its digital infrastructure and leverage technology as part of its broader economic growth strategy. [...]

Women in Tech Accelerator Pakistan announces eighth cohort winners
September 23, 2026 4:55
Women in Tech Accelerator Pakistan announces eighth cohort winners

Standard Chartered Foundation, in partnership with INNOVentures Global and Village Capital, has concluded the eighth cohort of the Women in Tech Accelerator for Pakistan, awarding three women-led start-ups equity-free grant funding totalling Rs10.5 million at a graduation ceremony in Karachi. EV Square, founded by Aimen Shafique, received the first prize of Rs5 million, while Blusha App, founded by Minahil Zafar, received Rs3 million as the second prize. Zvolta, founded by Anusha Shahid, was awarded the third prize of Rs2.5 million. The winners will also receive an additional six months of hand-holding and financial oversight, along with lifelong membership of the Women in Tech Alumni Network. The Accelerator began with 30 founders undergoing a six-day bootcamp, after which 10 women entrepreneurs received three months of tailored investment-readiness support and expert mentorship. The programme also provided opportunities for participants to strengthen their business models, competitive advantage, scalability and funding strategies, alongside a two-stage funding intervention for high-potential startups from the cohort. The Women in Tech Accelerator supports women entrepreneurs building innovative, technology-enabled businesses that address market and community needs. Through investment-readiness support, catalytic grant funding and expert mentorship, the programme aims to help founders scale sustainably, create jobs and deliver lasting impact. Commenting on the occasion, Adil Salahuddin, CEO & Head of Coverage, Standard Chartered Pakistan, congratulated the founders of Cohort 8 and said the programme had been designed to help entrepreneurs strengthen their business models and accelerate their growth journey through mentorship, business advisory support, industry connections and capacity-building opportunities. “We are proud to have supported these founders as they scale their ventures, create employment opportunities, and contribute to Pakistan’s entrepreneurial ecosystem,” he said, wishing each founder continued success as they take their businesses to the next level. British Deputy High Commissioner in Karachi Alison Blackburne said Pakistan’s women entrepreneurs were turning bold ideas into businesses that create jobs and improve lives. “The UK is proud to support their ambition and talent,” she said, congratulating this year’s winners and commending the Standard Chartered Foundation and its partners for providing women with the funding, skills and networks needed to grow their businesses and shape Pakistan’s future. The founders presented their ventures to a judging panel comprising Ghias Khan, Independent Non-Executive Director and Member of the Board of Directors, Standard Chartered Pakistan; Saad Amanullah, Board Member FFC and President PILAP; Musharaf Hai, Former CEO Unilever Pakistan; and Sara Khurram, CEO Sehat Kahani. The Pakistan Accelerator is part of the Standard Chartered Foundation’s global Women in Tech initiative, which is delivered across Africa, the Middle East and Pakistan. Since its launch, the Pakistan Accelerator has supported more than 200 women-led start-ups through mentorship and awarded over $425,000 in grant funding. Globally, the programme aims to support 400 women entrepreneurs across 12 countries, including Pakistan, over three years, distribute over $1.9 million in catalytic grants, enable and support more than 1,200 jobs across participating markets, and connect women founders to a global network of peers, funders and industry experts. The programme is designed to help women founders build, scale and lead businesses that create meaningful impact in their communities by providing access to training, networks, mentorship and catalytic funding. [...]

One Indian killed in attack on ship heading towards India, Indian embassy in Oman says
September 23, 2026 4:29
One Indian killed in attack on ship heading towards India, Indian embassy in Oman says

NEW DELHI: One Indian national was killed in an attack on the bulk carrier MV Cape Dao while the vessel was heading towards India, the Indian embassy in Oman said on Wednesday. The embassy was in close coordination with Omani authorities regarding the safety of all crew on board, including 19 Indian nationals, it added. Oman’s Maritime Security Center said on Wednesday that it carried out an evacuation operation for the crew of the vessel following the attack off the sultanate’s Musandam governorate. Indian missing after attack on ship off Oman coast is dead, family says A total of 27 crew members were evacuated, the center said, and one crew member was killed without disclosing his nationality. [...]

Pezeshkian says Iran won't surrender, after Trump's annihilation threat
September 23, 2026 4:03
Pezeshkian says Iran won't surrender, after Trump's annihilation threat

UNITED NATIONS/DUBAI: Iranian President Masoud Pezeshkian said in a speech at the UN on Wednesday that Tehran would never surrender to the US but still believes in diplomacy, a day after President Donald Trump used the same forum to threaten to “annihilate” Iran. The duelling speeches at the annual UN General Assembly in New York book ended the first shuttle talks between the United States and Iran for months, which appeared to have yielded no concessions in the public stance of either side towards ending the Middle East war. In his speech, Pezeshkian defended Iran’s military actions as defensive, and insisted Iran was not seeking nuclear weapons. In a potential new flashpoint, Iran also threatened to act against its neighbours if they abide by new US sanctions intended to ground Iranian civilian aircraft worldwide. Washington has said it will impose so-called secondary sanctions against any country that allows Iranian flights after Wednesday. Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, told state TV Iran would ensure neighbouring countries’ airports could not function if they stop Iranian flights. Trump urges compete isolation of Iran, expects deal after election The annual UN gathering in New York provided the occasion on Tuesday for Iranian and U.S. officials to hold their first known indirect talks since a ceasefire collapsed in July, with Iran’s Foreign Minister Abbas Araqchi and US envoys Steve Witkoff and Jared Kushner communicating through mediators on the sidelines. “Steve and Jared had a very productive meeting today with mediators of Iran,” Trump said on Tuesday after his own speech. “I think there’s a lot of momentum for them to make a deal. It’s what we’re hearing from everybody.” Iranian Foreign Ministry spokesperson Esmail Baghaei said Tehran had engaged with Washington through a Qatari mediator and conveyed conditions, including an end to the war on all fronts and a halt to US “acts of aggression”. Some Iranian state media initially reported that Araqchi and Witkoff had met, but Iranian officials clarified to Reuters that it was not face-to-face. Iran resist diplomatic moves An opinion piece run by the semi-official Tasnim news agency, associated with the Revolutionary Guards, said Araqchi was wrong to have contacts with Witkoff and Kushner, “a major gift to Trump”, as Iran had already conveyed its terms. Iran, US hint at revival of talks as Trump, Pezeshkian due to attend UN Iranian sources told Reuters the delegation had been ordered not to meet the Americans face-to-face by the Supreme National Security Council, a body that includes figures selected by Ayatollah Mojtaba Khamenei, the supreme leader. Khamenei has yet to appear in public since replacing his father, who was killed on the war’s first day. Oil prices hold near two-week low Still, the diplomatic opening helped keep oil prices near two-week lows. Brent crude hovered around $100 a barrel after surging earlier this month when Yemen’s Houthis launched a major offensive, threatening traffic through the Red Sea, an alternative Saudi export route. The war, launched by Trump in February alongside Israel as “Operation Epic Fury”, has lasted nearly seven months, killing thousands of people, disrupting global energy supplies and spreading to other countries in the region — particularly to Lebanon and more recently to Yemen. An interim agreement reached in June, signed by Trump and Pezeshkian, would have given Iran its main demands: lifting financial sanctions and unfreezing assets in return for talks on limiting its nuclear programme. Trump to use UN speech to defend Iran war, tout peace efforts But that deal unravelled within weeks over shipping rules in the Strait of Hormuz, conduit for a fifth of global oil and liquefied natural gas before the war. Iran wants to exert control and collect fees from ships that use it, which Washington rejects. In the latest reported attack in the strait, Britain’s UKMTO maritime security agency said a cargo ship had been hit by projectiles, causing two casualties among the crew. The crew had been evacuated and the ship was on fire and adrift. Despite near-daily attacks, traffic through the strait has picked up in recent weeks. Oil producers pay shipping companies fees of as much as a quarter of a cargo’s value to take the wartime risk of sailing through the strait with transponders switched off, before transferring crude to other vessels on the far side. Exports from the United Arab Emirates have already recovered to pre-war levels, and Saudi Arabia has sold 60 million barrels of Gulf oil for both this month and next, to be delivered beyond the strait off the coast of Oman. Nevertheless, a third of Gulf oil is estimated to be missing from global supplies. Shortages have particularly hit refined products such as diesel, causing inflation, pushing up interest rates and hurting Trump’s Republicans. [...]

Security forces kill 19 terrorists in Balochistan operations: ISPR
September 23, 2026 4:03
Security forces kill 19 terrorists in Balochistan operations: ISPR

Security forces have killed 19 Indian-sponsored terrorists in separate intelligence-based operations in Balochistan, while a Pakistan Army soldier embraced martyrdom during an exchange of fire, the Inter-Services Public Relations (ISPR) said on Wednesday. According to the ISPR, security forces have been conducting a clearance operation in the Shaban area of Quetta district since September 21, following intelligence reports about multiple hideouts of terrorists. During the operation, troops engaged and cleared multiple terrorist hideouts after intense exchanges of fire, killing 13 terrorists. Weapons, ammunition and explosives were also recovered from the cleared hideouts, the military’s media wing said, adding that the clearance operation would continue until the complete neutralisation of the threat in the area. In separate engagements on September 22 and 23, security forces conducted pre-emptive intelligence-based operations in Kech district and Quetta West. During the operations, six terrorists were killed following intense exchanges of fire, while weapons and ammunition were recovered, according to the ISPR. During the exchange of fire, Subedar Muhammad Jamil, 39, a resident of Taunsa Sharif in Dera Ghazi Khan district, was killed in the line of duty and embraced martyrdom. The ISPR said the counter-terrorism campaign under the vision of “Azm-e-Istehkam”, approved by the Federal Apex Committee on the National Action Plan, would continue at full pace. “Security Forces and Law Enforcement Agencies remain committed to eliminating the menace of foreign-sponsored and supported terrorism from the country,” it added. [...]

Bangladesh to buy 11 more Boeing jets as it seeks closer US trade ties
September 23, 2026 3:39
Bangladesh to buy 11 more Boeing jets as it seeks closer US trade ties

DHAKA: Bangladesh will buy a further 11 aircraft from Boeing officials said on Wednesday, expanding national carrier Biman Bangladesh Airlines’ planned orders to 25 jets as Dhaka seeks closer trade ties with the United States amid concerns over tariffs on its exports. The agreement, scheduled to be signed in New York on Wednesday, is part of Bangladesh’s efforts to boost imports from the United States, ease pressure from a roughly $6 billion trade imbalance and reduce the risk of tariff increases that could hurt its export-driven economy, particularly the garment sector. The US Ambassador to Bangladesh, Brent Christensen, confirmed the Boeing purchase in a Facebook post, calling it another “win-win” for US-Bangladesh relations. Biman is renewing its fleet, aiming to expand capacity and improve connectivity. Bangladesh raises fuel prices by up to 17% amid global oil price surge The latest order follows a $3.7 billion deal signed in April for 14 Boeing aircraft, including 10 Dreamliners and four 737 MAX 8 jets, with deliveries scheduled between 2031 and 2035. European rival Airbus remains in contention, with a government-appointed technical committee reviewing a proposal to acquire 10 aircraft. Details of the additional Boeing order are expected to be disclosed after the signing ceremony. [...]

Rupee registers gain against US dollar
September 23, 2026 3:00
Rupee registers gain against US dollar

The Pakistani rupee extended its marginal gains against the US dollar in the interbank market on Wednesday. The local unit closed the day at 277.20, a gain of Re0.01 against the greenback. On Tuesday, the Pakistani rupee settled at 277.21 against the dollar. Globally, the US dollar steadied near its strongest level in two months on Wednesday ​on prospects of interest rate hikes in the near term, while easing oil prices on hopes for a diplomatic ‌breakthrough to end the Middle East war kept investors on edge. The euro was at $1.1446 in early trading, loitering near its weakest level since late July. Sterling bought $1.3337. The dollar index, which measures the US currency against six rivals, was at 100.56. The recent barrage of rate hikes and ​hawkish rhetoric from major central banks has taken centre stage in currency markets as the US-Israeli conflict with Iran ​drives oil prices higher and fans inflation worries. Investors are now anticipating further tightening from central ⁠banks, with Federal Reserve officials flagging the possibility of more hikes if inflation does not ease. Investors are also waiting for a high-stakes meeting between Trump and Chinese President Xi Jinping as the two leaders seek stability in a relationship ​under pressure over wide-ranging issues. The Japanese ​yen was at 157.55 ⁠per US dollar as traders remain wary of the threat of intervention as markets judged the Bank of Japan’s rate hike to a 31-year high last week as insufficiently hawkish. Oil prices, a key indicator of currency parity, held near their lowest in more than two weeks on Wednesday as improving Gulf crude supplies weighed on the market, though diesel refining margins hit a record high on potential restrictions to US diesel exports. Brent crude futures rose $1.33, or 1.34%, to $100.58 a barrel by 1303 GMT while West Texas Intermediate futures gained 65 cents, or 0.72%, to $91.17. Inter-bank market rates for dollar on Wednesday BID                            Rs 277.20 OFFER                      Rs 277.40 Open-market movement In the open market, the PKR gained 2.00 paisa for buying and 4.00 paisa for selling against USD, closing at 278.17 and 279.22, respectively. Against Euro, the PKR gained 1.18 rupee for buying and 88.00 paisa for selling, closing at 317.45 and 320.75, respectively. Against UAE Dirham, the PKR remained unchanged for buying and lost 2.00 paisa for selling, closing at 75.70 and 76.29, respectively. Against Saudi Riyal, the PKR lost 1.00 paisa for both buying and selling, closing at 74.02 and 74.52, respectively. Open-market rates for dollar on Wednesday BID                            Rs 278.17 OFFER                      Rs 279.22 [...]

UAE bans Iran's Bank Melli from operating in the country
September 23, 2026 2:18
UAE bans Iran's Bank Melli from operating in the country

The United Arab Emirates’ central bank on Wednesday barred Iran’s Bank Melli from operating in the UAE, citing breaches of regulatory requirements. The move follows the UAE’s decision in August to suspend all trade, commercial exchanges and financial transactions with Iran until further notice. Iran has attacked neighbouring countries allied to the US, including the UAE, since the start of the US war on Iran at the end of February. Bank Melli began operating in the UAE in 1969 and has seven branches in the country across various emirates. Its main office is in Dubai, according to its website. The UAE has historically been one of Iran’s most critical economic lifelines and Dubai’s banks have long held substantial Iranian-linked deposits, much of them immobilised under US sanctions. It was not immediately clear whether the central bank’s decision marked a widening of curbs following US Treasury sanctions against Bank Melli. The US Treasury did not immediately respond to a request for comment. [...]

McDonald's lays out $8.5 billion franchisee support plan, targets higher margins by 2030
September 23, 2026 1:56
McDonald's lays out $8.5 billion franchisee support plan, targets higher margins by 2030

McDonald’s on Wednesday outlined about $8.5 billion in support for franchisees as part of an expanded growth plan and set targets for margin and market share growth as it looks to revive sales momentum after several muted quarters. The new goals come shortly after it blamed execution missteps in winning back lower-income consumers in an uncertain economy for weaker-than-expected U.S. sales growth in the second quarter. Ahead of its investor meeting later in the day, the company said the franchisee support investments will be over the next decade through 2036. It also set targets for restaurant productivity as well as for operating margin in the low- to mid-50% range by 2030. The company’s turnaround effort in the U.S. is getting a renewed push under industry veteran Skye Anderson, who was named president of its U.S. business last month. “We expect industry traffic growth in our wholly owned markets will be flat, while inflation remains elevated,” CEO Chris Kempczinski cautioned during the investor day conference. Shares of the company fell 3.6% in early trading, reversing premarket gains. They have fallen nearly 18% so far this year. Announced in June, McDonald’s “NEXT” strategy aims to improve food quality, hospitality, value and innovation, with executives on Wednesday providing the first detailed roadmap for the plan. The plan also includes simplifying operations, modernizing restaurant designs, investing in employee training and expanding the use of ArchIQ, its AI-powered restaurant operating system that automates tasks such as drive-thru ordering. McDonald’s expects the plan to improve restaurant efficiency by 250 basis points, generating about $100,000 in additional annual cash flow for the average U.S. restaurant. The company said that of the $8.5 billion, roughly $5 billion will be invested by 2030 through a combination of rent relief and capital support for franchisees. The burger chain also expects restaurant expansion to contribute about 2.5% of systemwide sales growth in 2027 and around 2% by 2030. It also set a goal of gaining 1.5 percentage points of market share in chicken products globally by 2030 as rising beef prices boost demand for chicken. [...]

Most Gulf bourses rise on oil supply recovery, diplomacy hopes
September 23, 2026 1:50
Most Gulf bourses rise on oil supply recovery, diplomacy hopes

Most Gulf equity markets closed higher on Wednesday, buoyed by restored crude flows from a key Saudi pipeline and growing optimism over a diplomatic resolution to the US-Iran conflict. Global oil markets faced downward pressure on Tuesday after Saudi Arabia restarted operations at its East-West Pipeline, with three sources indicating crude exports from the Red Sea port of Yanbu could soon resume amid broader signs of rising Middle Eastern supply. Despite US President Donald Trump alternating between stark threats and hints of an imminent accord in response to Iranian defiance, diplomatic efforts at the United Nations continued to gain ground. This momentum toward de-escalation, coupled with recovering regional supply, alleviated market strain and dragged benchmark Brent crude below the $100-a-barrel mark for the first time since September 8. Dubai’s main share index edged 0.2% higher, helped by a 2.8% rise in toll operator Salik Co . Geopolitics stayed front and center for investors, said Milad Azar, market analyst at XTB MENA. While subdued traffic through the Strait of Hormuz kept caution elevated, renewed U.S.-Iran diplomacy and reports of a potential reopening of the waterway buoyed sentiment. Markets now await concrete diplomatic timelines to anchor lasting stability, he added. In Qatar, the index rose 0.3%, with Qatar National Bank , the Gulf’s biggest lender, gaining 0.5%. In Abu Dhabi, the index reversed early losses to finish 0.4% higher. On Wednesday, the Saudi stock market was closed for a public holiday. Outside the Gulf, Egypt’s blue-chip index retreated 1.3%. Meanwhile, Egypt’s central bank will almost certainly leave interest rates unchanged on Thursday, a Reuters poll showed, as inflation eases only gradually and regional risks keep policymakers cautious about resuming cuts. Abu Dhabi rose 0.4% to 10,269 Dubai was up 0.2% to 6,008 Qatar added 0.3% to 9,546 Egypt declined 1.3% to 54,245 Bahrain dropped 0.4% to 1,903 Oman was flat at 7,557 Kuwait gained 0.9% to 9,224 [...]

Bavuma expects callow S Africa fast bowlers to step up in Australia ODI series
September 23, 2026 1:40
Bavuma expects callow S Africa fast bowlers to step up in Australia ODI series

South Africa must find a way to get the best out of their depleted fast bowling attack when they host Australia in a three-match one-day international series starting in Durban on Thursday, according to captain Temba Bavuma. Bavuma said a fearsome pack of fast bowlers for touring teams to contend with is in South African cricket’s “DNA”, but they have had to cast the net wide for this series. Kagiso Rabada, Lungi Ngidi, Kwena Maphaka and Ottneil Baartman were all ruled out with hamstring injuries, while Nandre Burger has a bad back. It has left an inexperienced seam bowling line-up to take on Australia, with Lizaad Williams, the Jansen twins, Marco and Duan, Gerald Coetzee, Corbin Bosch and Nqobani Mokoena having played only 72 ODIs between them. “I think we’re going to have to make the most of the bowling resources that we have from the seam department. There are options there. I think it’s just how smartly we approach managing the loads of our fast bowlers,” Bavuma told reporters on Wednesday. “We want teams, when they come here, to know that they’re going to have to deal with our fast bowlers. That’s part of our DNA.” South Africa have only played three ODIs in 2026 when a depleted squad swept Namibia 3-0 in a series this month. But as they prepare to host the 2027 World Cup a year from now, this is a crucial season for the team in the 50-over format. Starc wary of ‘unknown’ conditions on Australia tour of South Africa “It’s been a while since this ODI team has come together,” Bavuma said. “I think there’s a strong desire to look after our ODI record of late and ensure that we’re putting our best foot forward out there on the field. “From a team perspective, we generally know who those core players are (for the World Cup). I don’t think we will move away too much from that,” he added. “We’ll see new faces coming in, but probably that England series (in January 2027) will be closer to what we think we will have for the World Cup.” [...]

India tightens proposed food warning labels in setback to industry
September 23, 2026 1:29
India tightens proposed food warning labels in setback to industry

NEW DELHI: India toughened its stance on proposed warning labels for packaged foods on Wednesday, saying products high in salt, sugar or fat would carry red warning symbols even if only one of those ingredients exceeded limits, dealing a setback to the $100 billion industry. The move abandons an earlier plan of the Food Safety and Standards Authority of India which would have included warnings only when two ingredients breached thresholds. That plan was criticised by activists and health experts as being too lenient, prompting the Supreme Court of India to question the approach. Warning labels will now be rolled out in a single phase, the FSSAI told the Supreme Court in a filing dated Wednesday, which is not public but was seen by Reuters. “FSSAI proposes to adopt a single-phase approach … Furthermore, where only one nutrient of concern is present, the corresponding nutrient shall be indicated in the hexagon,” the court filing said, referring to the red warning symbol which will have a white square background. India finds Nestle baby food sample substandard, takes legal action India’s food and drinks market is one of the fastest-growing for foreign players including Nestle, Unilever, Mondelez and Mars, whose food products compete in a thriving industry that includes big Indian firms. The nationwide debate on food safety has intensified since Reuters reported last month that India’s government opted ​for a weaker labelling regime after lobbying by Coca-Cola and groups backing Nestle and PepsiCo which argued warning labels were ineffective. Many companies, however, have implemented such measures voluntarily in European markets. [...]

Sri Lankan shares inch higher as communication, IT rise
September 23, 2026 1:23
Sri Lankan shares inch higher as communication, IT rise

Sri Lankan shares closed higher on Wednesday, led by gains in communication services and information technology stocks. The CSE All-Share index settled up 0.15% at 21,085.15. Industrial Asphalts (Ceylon) PLC and Agstar PLC were the top percentage gainers on the CSE All-Share index, rising 16.7% and 10.3%, respectively. Trading volume on the index rose to 83.4 million shares from 58.4 million in the previous session. The equity market’s turnover fell to 1.32 billion Sri Lankan rupees ($4.01 million) from 1.37 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 12.9 million rupees, while domestic investors were net buyers, purchasing shares worth 1.31 billion rupees, the data showed. [...]

India's $507 million line of credit to Maldives effective August 27, central bank says
September 23, 2026 12:40
India's $507 million line of credit to Maldives effective August 27, central bank says

India government-backed 48.50 billion rupees ($506.58 million) line of credit to the Maldives became effective on August 27, 2026, the Reserve Bank of India said on Wednesday, paving the way for individual project-level credit agreements under the facility. The RBI said that the facility will be deployed through individual credit agreements with minimum value of 5 billion rupees each Under the agreement, at least 75% of the value of goods, works and services under contracts financed through the facility must be supplied by sellers from India, while the remaining 25% may be sourced from outside India. The regulator said the line of credit cannot be used to pay agency commissions on exports, adding that exporters can use their own funds for such payments. Maldives seeks fuels from India amid Iran war India had agreed to provide line of credit to the Maldives in July 2025 via the Export-Import Bank to finance various developmental projects in the country. [...]

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Why did Patrick Clancy's marriage 'end so quickly'?
September 23, 2026 6:58
Why did Patrick Clancy's marriage 'end so quickly'?

Patrick Clancy, though, is on record as having forgiven Lindsay Clancy for killing their three children.But he has filed for divorce from her roughly a year after the devastating incident.Now, he has married again. On this, Sara Haines, one of the panelists on The View, lamented that he did not... [...]

UK joins EU ocean monitoring programme as extreme weather risks grow
September 23, 2026 4:57
UK joins EU ocean monitoring programme as extreme weather risks grow

The UK will join a major EU-led ocean monitoring programme designed to improve forecasts of extreme weather and climate events, the government is set to announce.Environment Secretary Angela Eagle will confirm Britain’s participation in OceanEye at a UN event in New York on Wednesday, the... [...]

ESPN's Chris Spatola dies unexpectedly at 47, network confirms
September 23, 2026 4:25
ESPN's Chris Spatola dies unexpectedly at 47, network confirms

ESPN college basketball analyst Chris Spatola has died unexpectedly at the age of 47, the network announced on Tuesday.ESPN said Spatola, a former West Point basketball player and US Army combat veteran, had “passed away unexpectedly Monday.” A cause of death was not... [...]

DOJ says Trump can ban reporters from White House over national security concerns
September 23, 2026 4:00
DOJ says Trump can ban reporters from White House over national security concerns

US President Donald Trump's administration has defended its decision to restrict CNN, MS NOW and Politico journalists from parts of the White House, arguing some of their reporting raised national security concerns.In a court filing late on Tuesday, the Justice Department argued that “access... [...]

Russia and Ukraine signal interest in limited ceasefire, Marco Rubio says
September 23, 2026 3:40
Russia and Ukraine signal interest in limited ceasefire, Marco Rubio says

Russia and Ukraine have both expressed interest in a limited ceasefire covering grain and energy, US Secretary of State Marco Rubio said on Wednesday.Rubio made the comments after meeting Russian Foreign Minister Sergei Lavrov on the sidelines of the United Nations General Assembly in New... [...]

ICE officer who shot DoorDash driver in Austin wasn't wearing issued bodycam
September 23, 2026 3:20
ICE officer who shot DoorDash driver in Austin wasn't wearing issued bodycam

The ICE officer who shot a Venezuelan man in Austin, Texas, on Sunday had been issued a body camera but was not wearing it at the time, two Department of Homeland Security officials told NBC News.According to NBC News, officials said it remains unclear why the officer was not wearing the camera... [...]

Xi Jinping's Washington visit takes an unexpected turn: What to know
September 23, 2026 3:05
Xi Jinping's Washington visit takes an unexpected turn: What to know

Xi Jinping’s Washington visit takes an unexpected turn: What to knowAccording to recent reports, China’s President Xi Jinping will arrive in Washington this week without the delegation of Chinese business leaders that Beijing had requested for meetings with US President Donald Trump.... [...]

US delegation walks out as Iran hit back at Trump at UN: 'We will not bow our heads'
September 23, 2026 3:00
US delegation walks out as Iran hit back at Trump at UN: 'We will not bow our heads'

Iranian President Masoud Pezeshkian hit back at US President Donald Trump during a tense UN General Assembly speech on Wednesday, rejecting accusations that Iran supports terrorism.“The US president described us as terrorists. We have been the victims of terrorism,” Pezeshkian said,... [...]

Trump to meet China's Xi as Congress considers sweeping AI restrictions
September 23, 2026 2:40
Trump to meet China's Xi as Congress considers sweeping AI restrictions

US President Donald Trump is set to meet Chinese President Xi Jinping on Wednesday as artificial intelligence takes centre stage in US-China relations and Washington debates new restrictions on advanced AI.Xi left Beijing on Wednesday for a three-day US state visit and is expected to be met by... [...]

Trump says Canada is 'destroying itself' with its immigration policies and 'unemployment'
September 23, 2026 2:20
Trump says Canada is 'destroying itself' with its immigration policies and 'unemployment'

Trump says Canada is ‘destroying itself’ with its immigration policies and ‘unemployment’US President Donald Trump has criticised Canada’s immigration policies, claiming the country is “destroying itself” by allowing millions of people to enter.In a post... [...]

US major news outlets ask fedral judge to end Trump's White House press ban
September 23, 2026 2:15
US major news outlets ask fedral judge to end Trump's White House press ban

US major news outlets ask fedral judge to end Trump’s White House press banMajor news outlets, including CNN, MS NOW, and Politico, asked a federal judge to immediately restore their White House press access after President Donald Trump banned them in one of his most dramatic clashes with... [...]

Trump praises NATO at UN, highlighting massive defense spending boosts
September 23, 2026 1:27
Trump praises NATO at UN, highlighting massive defense spending boosts

Trump praises NATO at UN, highlighting massive defense spending boostsRecently US President Donald Trump praised NATO during his UN General Assembly address, emphasizing the alliance's major steps toward heightened collective security. He highlighted member nations scaling up defense spending... [...]

Hurricane Polo weakens to Category 4 but remains 'very powerful' near Mexico
September 23, 2026 1:05
Hurricane Polo weakens to Category 4 but remains 'very powerful' near Mexico

Hurricane Polo weakens but remains ‘very powerful’ near Mexico Hurricane Polo has degraded from Category 5 to a powerful Category 4 storm with sustained winds near 180 mph and stronger gusts, according to the US National Hurricane Center. With recent decline in intensification, it... [...]

Russia cuts natural gas output and export forecasts amid shifting global energy markets
September 23, 2026 12:29
Russia cuts natural gas output and export forecasts amid shifting global energy markets

Russia cuts natural gas output and export forecasts amid shifting global energy marketsFollowing recent energy crises, Russia has lowered its natural gas production and export forecasts, underscoring the long-term impact of Europe's departure from Russian energy supplies.Russia has officially... [...]

Russia sends fresh signal on Ukraine peace talks ahead of Rubio-Lavrov meeting
September 23, 2026 11:29
Russia sends fresh signal on Ukraine peace talks ahead of Rubio-Lavrov meeting

Russia sends fresh signal on Ukraine peace talks before Rubio-Lavrov meetingRussia has reaffirmed its stance on potential Ukraine peace talks ahead of a planned meeting in New York between US Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov on Wednesday. According to... [...]

کراچی: فائرنگ کا تبادلہ، دو ڈاکو زخمی حالت میں گرفتار
September 23, 2026 6:09
کراچی: فائرنگ کا تبادلہ، دو ڈاکو زخمی حالت میں گرفتار

فوٹو: فائلکراچی کے علاقے بفر زون سیکٹر 15 میں فائرنگ کے تبادلے کے بعد دو ڈاکو زخمی حالت میں گرفتار کرلیے گئے۔پولیس کے مطابق گشت پر... [...]

پیٹرولیم مصنوعات کی قیمتوں میں کمی کردی گئی
September 23, 2026 5:09
پیٹرولیم مصنوعات کی قیمتوں میں کمی کردی گئی

پیٹرولیم ڈویژن نے پیٹرولیم مصنوعات کی قیمتوں میں کمی کا اعلان کردیا۔اعلامیے کے مطابق اگلے ایک روز کے لیے پیٹرول کی فی لیٹر قیمت میں 1... [...]

موٹروے ایم ون کی بندش،اشیائے خور و نوش کی ترسیل متاثر ہونے کا خدشہ
September 23, 2026 5:09
موٹروے ایم ون کی بندش،اشیائے خور و نوش کی ترسیل متاثر ہونے کا خدشہ

موٹروے ایم ون کی بندش سے خیبر پختونخوا کو اشیائے خور و نوش کی ترسیل متاثر ہونے کا خدشہ پیدا ہوگیا ہے۔ دال، چاول اور دیگر ضروری اشیاء... [...]

پولیس کی پالیسی اور آپریشنل امور کو الگ کیا جائے گا، شفیع جان
September 23, 2026 5:09
پولیس کی پالیسی اور آپریشنل امور کو الگ کیا جائے گا، شفیع جان

صوبائی وزیر اطلاعات شفیع جان نے کہا ہے کہ غیر تسلی بخش کارکردگی پر صوبائی حکومت کو آئی جی کی خدمات واپس لینے کا اختیار ہوگا۔پشاور... [...]

پنجاب میں ہمارے ورکرز کی زندگیاں اجیرن بنادی گئی ہیں، اسد قیصر
September 23, 2026 5:09
پنجاب میں ہمارے ورکرز کی زندگیاں اجیرن بنادی گئی ہیں، اسد قیصر

 اسد قیصر۔ سابق اسپیکر قومی اسمبلی اسد قیصر نے کہا ہے کہ پنجاب میں ہمارے ورکرز کی زندگیاں اجیرن بنادی گئی ہیں، کسی شہری کو یہ حق حاصل... [...]

وفاقی پولیس پی ٹی آئی کے احتجاج میں پہلی بار نیٹ لانچر کا استعمال کرے گی
September 23, 2026 4:09
وفاقی پولیس پی ٹی آئی کے احتجاج میں پہلی بار نیٹ لانچر کا استعمال کرے گی

فائل فوٹو پاکستان تحریک انصاف کی جانب سے 27 ستمبر کے لانگ مارچ کے معاملے پر حکومت کی جانب سے مظاہرین سے نمٹنے کے لیے وفاقی پولیس کو... [...]

انڈر 19 کا ایک بچہ خیبر پختونخوا کا وزیراعلیٰ ہے، طلال چوہدری
September 23, 2026 4:09
انڈر 19 کا ایک بچہ خیبر پختونخوا کا وزیراعلیٰ ہے، طلال چوہدری

وفاقی وزیر مملکت برائے داخلہ سینیٹر طلال چوہدری نے وزیراعلیٰ خیبر پختونخوا کو انڈر 19 بچہ کہہ دیا۔جیو نیوز سے گفتگو میں طلال چوہدری... [...]

پی ٹی آئی کے لانگ مارچ کے پیش نظر اسلام آباد کو کنٹینروں سے ڈھانپ دیا گیا
September 23, 2026 4:09
پی ٹی آئی کے لانگ مارچ کے پیش نظر اسلام آباد کو کنٹینروں سے ڈھانپ دیا گیا

پاکستان تحریک انصاف کے لانگ مارچ کے پیش نظر اسلام آباد کو کنٹینروں سے ڈھانپ دیا گیا۔ وفاقی دارالحکومت کے مختلف راستوں پر ایک... [...]

رکن قومی اسمبلی شاہد خٹک نے اپوزيشن جماعتوں کو اسمبلیوں سے مستعفی ہوجانے کی تجویز دے دی
September 23, 2026 4:09
رکن قومی اسمبلی شاہد خٹک نے اپوزيشن جماعتوں کو اسمبلیوں سے مستعفی ہوجانے کی تجویز دے دی

پاکستان تحریک انصاف کے رکن قومی اسمبلی شاہد خٹک نے اپوزيشن جماعتوں کو اسمبلیوں سے مستعفی ہوجانے کی تجویز دے دی۔ جیو نیوز کے ... [...]

اسلام آباد میں پبلک آرڈر ایکٹ نافذ، خلاف ورزی پر 3 سال قید کی سزا
September 23, 2026 4:09
اسلام آباد میں پبلک آرڈر ایکٹ نافذ، خلاف ورزی پر 3 سال قید کی سزا

فوٹو: فائلاسلام آباد میں پیس فل اسمبلی اور پبلک آرڈر ایکٹ کا نفاذ ہے جس کی خلاف ورزی کرنے پر تین سال قید کی سزا کا سامنا کرنا ہوسکتا... [...]

ترقی پذیر دنیا میں قرضوں کی ادائیگی مالی گنجائش کو محدود کر رہی ہے، وزیراعظم شہباز شریف
September 23, 2026 4:09
ترقی پذیر دنیا میں قرضوں کی ادائیگی مالی گنجائش کو محدود کر رہی ہے، وزیراعظم شہباز شریف

وزیراعظم شہباز شریف کا کہنا ہے کہ ترقی کا مقصد محض دولت پیدا کرنا نہیں بلکہ سماجی ترقی کو فروغ اور انسانی وقار کو برقرار رکھنا چاہیے،... [...]

نیپرا کا کےالیکٹرک کے ٹیرف پر نظرثانی کا فیصلہ جاری
September 23, 2026 4:09
نیپرا کا کےالیکٹرک کے ٹیرف پر نظرثانی کا فیصلہ جاری

فوٹو: فائلنیشنل الیکٹر پاور ریگولیٹری اتھارٹی نے کےالیکٹرک کے ٹیرف پر نظرثانی کا فیصلہ جاری کردیا۔فیصلہ کےالیکٹرک کی نظرثانی شدہ... [...]

کوئٹہ: شعبان میں سیکیورٹی فورسز کا آپریشن، شدید فائرنگ کے تبادلے میں 13 دہشتگرد ہلاک
September 23, 2026 3:09
کوئٹہ: شعبان میں سیکیورٹی فورسز کا آپریشن، شدید فائرنگ کے تبادلے میں 13 دہشتگرد ہلاک

علامتی فوٹوسیکیورٹی فورسز نے کوئٹہ کے علاقے شعبان میں آپریشن کے دوران شدید فائرنگ کے تبادلے میں 13 دہشت گرد ہلاک کردیے گئے۔ پاک فوج... [...]

کراچی: آن لائن ٹیکسی ڈرائیور پر ڈبل کیبن میں سوار شخص اور سیکیورٹی گارڈ کا تشدد
September 23, 2026 3:09
کراچی:  آن لائن ٹیکسی ڈرائیور پر ڈبل کیبن میں سوار شخص اور سیکیورٹی گارڈ کا تشدد

اسکرین گریب کراچی کے علاقے قیوم آباد میں آن  لائن ٹیکسی ڈرائیور پر ڈبل کیبن میں سوار شخص اور اس کے سیکیورٹی گارڈ کے تشدد کرنے کی... [...]

کراچی: ایوب گوٹھ میں مبینہ غلط انجکشن سے بچہ جاں بحق
September 23, 2026 3:09
کراچی: ایوب گوٹھ میں مبینہ غلط انجکشن سے بچہ جاں بحق

کراچے کے علاقے نیو کراچی ایوب گوٹھ میں مبینہ غلط انجکشن سے بچہ جاں بحق ہوگیا، ورثاء نے اسپتال پر ڈرپ میں غلط انجکشن ملانے کا الزام... [...]

اقوام متحدہ جنرل اسمبلی: ٹرمپ سے پہلے برازیلی صدر نے خطاب کیوں کیا؟
September 23, 2026 3:09
اقوام متحدہ جنرل اسمبلی: ٹرمپ سے پہلے برازیلی صدر نے خطاب کیوں کیا؟

اقوام متحدہ کی جنرل اسمبلی سے کل سب سے پہلے برازیل کے صدر نے خطاب کیا، پھر امریکی صدر ٹرمپ نے خطاب کیا۔ سوال یہ ہے کہ دونوں رہنماؤں کا... [...]

برطانیہ کا روس کی ڈس انفارمیشن کیخلاف بڑا قدم اٹھالیا
September 23, 2026 3:09
برطانیہ کا روس کی ڈس انفارمیشن کیخلاف بڑا قدم اٹھالیا

برطانوی وزیراعظم اینڈی برنہم نے روس سمیت مخالف ریاستوں کی جانب سے پھیلائی جانے والی گمراہ کن معلومات کے خلاف بڑا قدم اٹھانے کا اعلان... [...]

غزہ پیس بورڈ کا اجلاس آج، بحالی کیلئے منصوبہ پیش کیا جائے گا
September 23, 2026 2:09
غزہ پیس بورڈ کا اجلاس آج، بحالی کیلئے منصوبہ پیش کیا جائے گا

تصویر سوشل میڈیا۔غزہ بورڈ آف پیس کا اجلاس آج ہو گا، جس میں غزہ کی بحالی کے لیے منصوبہ پیش کیا جائے گا۔ امریکی نیوز ویب سائٹ کے مطابق... [...]

ٹرمپ نے ہمیں دہشتگرد قرار دیا جبکہ ہم خود دہشتگردی کا نشانہ بنے ہیں، ایرانی صدر
September 23, 2026 2:09
ٹرمپ نے ہمیں دہشتگرد قرار دیا جبکہ ہم خود دہشتگردی کا نشانہ بنے ہیں، ایرانی صدر

فوٹو: رائٹرزایرانی صدر مسعود پزشکیان نے کہا ہے کہ امریکی صدر ڈونلڈ ٹرمپ نے ہمیں دہشت گرد قرار دیا جبکہ ہم خود دہشت گردی کا نشانہ بنے... [...]

امریکا میں ایرانی صدر کو امریکی سیکریٹ سروس کی اسپیشل سیکیورٹی فراہم کردی گئی
September 23, 2026 12:09
امریکا میں ایرانی صدر کو امریکی سیکریٹ سروس کی اسپیشل سیکیورٹی فراہم کردی گئی

فوٹو: رائٹرز امریکا میں ایرانی صدر مسعود پزشکیان کو امریکی سیکریٹ سروس کی اسپیشل سیکیورٹی فراہم کردی گئی۔مسعود پزشکیان اقوام متحدہ... [...]

نیتن یاہو و اسرائیل کاٹز کا حماس کے مالیاتی شعبے کے سربراہ محمد ابو علوان کو شہید کرنے کا دعویٰ
September 23, 2026 10:09
نیتن یاہو و اسرائیل کاٹز کا حماس کے مالیاتی شعبے کے سربراہ محمد ابو علوان کو شہید کرنے کا دعویٰ

— فائل فوٹواسرائیلی وزیرِ اعظم نیتن یاہو اور وزیرِ دفاع اسرائیل کاٹز نے دعویٰ کیا ہے کہ خان یونس میں اسرائیلی حملے کے نتیجے میں حماس... [...]

اینتھروپک کا نیا کلاڈ اوپس 5.5 متعارف، قیمت میں 40 فیصد کمی
September 23, 2026 9:09
اینتھروپک کا نیا کلاڈ اوپس 5.5 متعارف، قیمت میں 40 فیصد کمی

---فائل فوٹو مصنوعی ذہانت کی کمپنی اینتھروپک نے کلاڈ اوپس 5.5 متعارف کروا دیا ہے جسے کمپنی نے زیادہ ذہین، تیز اور کم لاگت والا جدید... [...]

چین غیر قانونی یکطرفہ پابندیوں کی مخالفت کرتا ہے: چینی وزارتِ خارجہ
September 23, 2026 9:09
چین غیر قانونی یکطرفہ پابندیوں کی مخالفت کرتا ہے: چینی وزارتِ خارجہ

—فائل فوٹوایرانی ایئر لائنز پر امریکی پابندیوں پر ترجمان چینی وزارتِ خارجہ نے ردعمل دیتے ہوئے کہا ہے کہ چین کا مؤقف ہمیشہ کی طرح... [...]

برطانیہ: فالمتھ میں دوسری جنگ عظیم کے 2 بم برآمد، سیکڑوں گھر خالی کرنے کی ہدایت
September 23, 2026 8:09
برطانیہ: فالمتھ میں دوسری جنگ عظیم کے 2 بم برآمد، سیکڑوں گھر خالی کرنے کی ہدایت

---تصویر بشکریہ بین الاقوامی میڈیابرطانیہ کے شہر فالمتھ میں دوسری جنگِ عظیم کے 2 بم برآمد ہونے کے بعد سیکڑوں گھروں کو خالی کرنے کی... [...]

ڈونلڈ ٹرمپ اور برطانوی وزیراعظم کی پہلی بالمشافہ ملاقات، اہم امور پر گفتگو
September 23, 2026 7:09
ڈونلڈ ٹرمپ اور برطانوی وزیراعظم کی پہلی بالمشافہ ملاقات، اہم امور پر گفتگو

---فوٹو بشکریہ غیر ملکی میڈیا امریکی صدر ڈونلڈ ٹرمپ اور برطانوی وزیراعظم اینڈی برنہم کی اقوام متحدہ کی جنرل اسمبلی کے موقع پر پہلی... [...]

ایران کیخلاف امریکی، اسرائیلی جارحیت پر فرانسیسی موقف ناقابل قبول ہے: عباس عراقچی
September 23, 2026 7:09
ایران کیخلاف امریکی، اسرائیلی جارحیت پر فرانسیسی موقف ناقابل قبول ہے: عباس عراقچی

—فائل فوٹوزایرانی وزیرِ خارجہ عباس عراقچی اور فرانسیسی ہم منصب جین نویئل بارو نے ملاقات کے دوران سفارتی تعلقات اور علاقائی و بین... [...]

حوثیوں کا یمن میں سعودی نگرانی کرنے والا ڈرون مار گرانے کا دعویٰ
September 23, 2026 7:09
حوثیوں کا یمن میں سعودی نگرانی کرنے والا ڈرون مار گرانے کا دعویٰ

---فائل فوٹویمنی حوثی اکثریتی تنظیم انصار اللّٰہ نے سعودی نگرانی کرنے والا ڈرون مار گرانے کا دعویٰ کر دیا۔ایرانی میڈیا کے مطابق انصار... [...]

نیتن یاہو اقوامِ متحدہ کے دورے میں ٹرمپ سے ملاقات نہیں کریں گے: اسرائیلی میڈیا
September 23, 2026 7:09
نیتن یاہو اقوامِ متحدہ کے دورے میں ٹرمپ سے ملاقات نہیں کریں گے: اسرائیلی میڈیا

اسرائیلی وزیرِ اعظم نیتن یاہو — فائل فوٹواسرائیلی وزیرِ اعظم نیتن یاہو اقوامِ متحدہ کی جنرل اسمبلی سے خطاب کے لیے نیویارک کا مختصر... [...]

ایرانی وزیرِ خارجہ سے یورپی کمیشن کی نائب صدر کی ملاقات، آبنائے ہرمز کھولنے اور جنگ کے خاتمے پر گفتگو
September 23, 2026 7:09
ایرانی وزیرِ خارجہ سے یورپی کمیشن کی نائب صدر کی ملاقات، آبنائے ہرمز کھولنے اور جنگ کے خاتمے پر گفتگو

  ---تصویر بشکریہ عرب میڈیااقوام متحدہ کی جنرل اسمبلی کے موقع پر ایرانی وزیرِ خارجہ عباس عراقچی سے یورپی کمیشن کی نائب صدر کاجا کالاس... [...]

امریکا و اسرائیل کیخلاف پہلے کی نسبت کہیں زیادہ تباہ کن جوابی حملے کیلئے تیار ہیں: ایرانی فوج
September 23, 2026 7:09
امریکا و اسرائیل کیخلاف پہلے کی نسبت کہیں زیادہ تباہ کن جوابی حملے کیلئے تیار ہیں: ایرانی فوج

—فائل فوٹوایرانی فوج نے امریکی صدر ڈونلڈ ٹرمپ کی جانب سے ایران کو تباہ کرنے کی دھمکی پر ردِعمل کا اظہار کرتے ہوئے خبردار کیا ہے کہ ہم... [...]

پی ایس ایکس: مسلسل 5واں مثبت دن، 100 انڈیکس میں 833 پوائنٹس کا اضافہ
September 23, 2026 1:09
پی ایس ایکس: مسلسل 5واں مثبت دن، 100 انڈیکس میں 833 پوائنٹس کا اضافہ

PSX ایران امریکا جنگ ٹہراؤ کی خبروں اور خام تیل کی قیمتوں میں کمی پر پاکستان اسٹاک ایکسچینج میں کاروبار کا مثبت رجحان رہا۔ پاکستان... [...]

ملک میں سونے کی قیمتیں گراوٹ کا شکار
September 23, 2026 10:09
ملک میں سونے کی قیمتیں گراوٹ کا شکار

---فائل فوٹوملک میں سونے کی قیمتیں گراوٹ کا شکار ہیں، آج بھی سونا سستا ہو گیا۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق... [...]

زرِمبادلہ ذخائر پاکستان کے معاشی منظرنامے کو سہارا دے رہے ہیں: ایشیائی ترقیاتی بینک
September 23, 2026 5:09
زرِمبادلہ ذخائر پاکستان کے معاشی منظرنامے کو سہارا دے رہے ہیں: ایشیائی ترقیاتی بینک

---فائل فوٹوایشیائی ترقیاتی بینک نے پاکستان کی معاشی صورتِ حال پر رپورٹ جاری کر دی۔رپورٹ کے مطابق مسلسل اصلاحات اور مضبوط زرِمبادلہ... [...]

قرض پروگرام کی اگلی قسط، آئی ایم ایف مشن پاکستان پہنچ گیا
September 23, 2026 4:09
قرض پروگرام کی اگلی قسط، آئی ایم ایف مشن پاکستان پہنچ گیا

قرض پروگرام کی اگلی قسط پر اقتصادی جائزہ مذاکرات کے لیے انٹرنیشنل مانیٹری فنڈ مشن پاکستان پہنچ گیا۔وزارتِ خزانہ کے ذرائع... [...]

پی ایس ایکس 100 انڈیکس میں 248 پوائنٹس کا اضافہ
September 22, 2026 4:09
پی ایس ایکس 100 انڈیکس میں 248 پوائنٹس کا اضافہ

پاکستان اسٹاک ایکسیچنج میں آج کاروبار کا ملا جلا دن رہا۔ بازار میں سرمایہ کاری محتاط، کاروباری حجم و مالیت گذشتہ روز کے مقابلے کم... [...]

ملک میں ایک تولہ سونے کی قیمت 1800 روپے کم ہوگئی
September 22, 2026 11:09
ملک میں ایک تولہ سونے کی قیمت 1800 روپے کم ہوگئی

کاروباری ہفتے کے دوسرے روز بھی سونے کی قیمت میں کمی ہوگئی۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق ملک میں فی تولہ... [...]

صوابی: 25 کروڑ روپے کی سگریٹس ایف بی آر ویئر ہاؤس سے غائب ہونے کا مقدمہ درج
September 22, 2026 5:09
صوابی: 25 کروڑ روپے کی سگریٹس ایف بی آر ویئر ہاؤس سے غائب ہونے کا مقدمہ درج

—فائل فوٹو25 کروڑ کی سگریٹس ایف بی آر کے صوابی میں ویئر ہاؤس سے غائب ہونے کا مقدمہ ایف آئی اے نے درج کر لیا۔ایف آئی آر میں ایف بی آر... [...]

عالمی مارکیٹ میں تیل کی قیمتوں میں اتار چڑھاؤ جاری
September 22, 2026 3:09
عالمی مارکیٹ میں تیل کی قیمتوں میں اتار چڑھاؤ جاری

بین الاقوامی مارکیٹ میں تیل کی قیمتوں میں اتار چڑھاؤ جاری ہے۔ ویسٹ ٹیکساس انٹرمیڈیٹ 93 ڈالرز 1 سینٹ فی بیرل پر آ گیا۔ برینٹ کروڈ... [...]

پیٹرول مہنگا، ڈیزل سستا کردیا گیا
September 21, 2026 6:09
پیٹرول مہنگا، ڈیزل سستا کردیا گیا

وفاقی حکومت کی جانب سے اگلے ایک روز کیلئے پیٹرولیم مصنوعات کی قیمتوں کا اعلان کردیا گیا۔اعلامیہ کے مطابق پیٹرول کی قیمت میں 4 روپے 61... [...]

پی ایس ایکس میں ملا جلا دن، 100 انڈیکس میں 268 پوائنٹس کا اضافہ
September 21, 2026 1:09
پی ایس ایکس میں ملا جلا دن،  100 انڈیکس میں 268 پوائنٹس کا اضافہ

فائل فوٹو پاکستان اسٹاک ایکسچینج میں کاروبار کا ملا جلا دن رہا، 100 انڈیکس 268  پوائنٹس اضافے سے 1 لاکھ 71 ہزار 153 پر بند ہوا ہے۔ مارکیٹ... [...]

عالمی اور مقامی مارکیٹ میں سونے کی قیمتیں کم ہو گئیں
September 21, 2026 10:09
عالمی اور مقامی مارکیٹ میں سونے کی قیمتیں کم ہو گئیں

---فائل فوٹوملک میں سونے کی قیمتوں میں کمی کا سلسلہ جاری ہے، آج بھی سونا سستا ہو گیا۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن... [...]

امریکا ایران سفارتی پیشرفت کی امید، عالمی منڈی میں تیل کی قیمتوں میں کمی
September 21, 2026 3:09
امریکا ایران سفارتی پیشرفت کی امید، عالمی منڈی میں تیل کی قیمتوں میں کمی

---فائل فوٹوامریکا اور اسرائیل کی ایران کے خلاف جنگ کے معاملے پر سفارتی پیش رفت کی امید پر عالمی منڈی میں تیل کی قیمتیں 1 ہفتے سے زائد... [...]

احتجاج، دھرنوں سے یومیہ 120 ارب روپے کا نقصان ہوگا، وزیر خزانہ
September 20, 2026 6:09
احتجاج، دھرنوں سے یومیہ 120 ارب روپے کا نقصان ہوگا، وزیر خزانہ

وزیر خزانہ محمد اورنگزیب---فائل فوٹووزیر خزانہ محمد اورنگزیب نے خبرار کیا ہے کہ دھرنوں، احتجاج، کاروباری سرگرمیوں کی بندش سے ملک کو... [...]

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

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

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

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

‘It doesn’t seem fair’: I’m retired and have plenty of money. Why can’t I qualify for a retail credit card?
September 23, 2026 7:00
‘It doesn’t seem fair’: I’m retired and have plenty of money. Why can’t I qualify for a retail credit card?

“I draw from my IRA as needed for household repairs, trips and other larger expenses.” [...]

Here’s where thousands of homeowners face higher insurance bills after FEMA updated its flood maps
September 23, 2026 6:55
Here’s where thousands of homeowners face higher insurance bills after FEMA updated its flood maps

The federal government redrew flood maps across America this summer — and it could mean bigger housing bills for homeowners who now live in newly designated flood zones. [...]

Palantir’s stock is heading for its highest close of the year, in a dramatic comeback
September 23, 2026 6:31
Palantir’s stock is heading for its highest close of the year, in a dramatic comeback

Palantir’s last earnings report reignited investor enthusiasm, and now the company is basking in the glow of a real-world AI boom. [...]

The ingredients for a financial reckoning are all in place
September 23, 2026 6:24
The ingredients for a financial reckoning are all in place

A witch’s brew of rising debt levels, higher costs of capital and contagion risks is bubbling. [...]

This test screens for 50 cancers — but whether Medicare and other health insurers will cover it hinges on FDA approval
September 23, 2026 6:15
This test screens for 50 cancers — but whether Medicare and other health insurers will cover it hinges on FDA approval

Grail’s Galleri test looks for 50 cancers from a blood draw, but a major study failed to prove it could detect later-stage cancers. [...]

Businesses are growing at the fastest pace in over four years. Why war and inflation aren’t stopping the U.S. economy.
September 23, 2026 6:06
Businesses are growing at the fastest pace in over four years. Why war and inflation aren’t stopping the U.S. economy.

Expensive gas, higher inflation, a stalemate with Iran and rising interest rates — no matter. The U.S. economy appears to have sped up in the early fall. [...]

McDonald’s is making a historic bet on chicken — and AI — to bring back customers
September 23, 2026 6:02
McDonald’s is making a historic bet on chicken — and AI — to bring back customers

Investors aren’t sold on plans to introduce new McNugget flavors, and an analyst recently noted that McDonald’s has struggled to break through on chicken-related innovation. [...]

‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore.
September 23, 2026 6:00
‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore.

“On each of these weekends away, she’s probably spending $500.” [...]

Bond yields surge to 5.12% as Wall Street fears more Fed rate hikes
September 23, 2026 5:52
Bond yields surge to 5.12% as Wall Street fears more Fed rate hikes

Stocks fall, with the Nasdaq and S&P 500 retreating from record territory as bond yields suddenly jump. [...]

Fuel prices keep rising — and so do Democrats’ chances of winning both the House and Senate
September 23, 2026 5:49
Fuel prices keep rising — and so do Democrats’ chances of winning both the House and Senate

Losses for President Donald Trump’s Republican Party in the midterms are expected in large part because of voters’ frustrations with the elevated cost of living. [...]

Nasdaq leads stocks lower in final hour as Treasury yields hit two-decade highs
September 23, 2026 7:12
Bond yields surge as Wall Street fears more potential Federal Reserve rate hikes
September 23, 2026 4:29
Social Security checks are projected to be cut by $540 a month in just six years
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These stocks are the 'four horsemen of AI.' They’re not the ones you’d think.
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Nasdaq opens lower, putting a four-session win streak on the line
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Economic calendar: PMI, followed by a speech from Fed governor Barr
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How to avoid the ‘widow tax’ and other financial headaches if your spouse dies
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Nasdaq’s rapid rise is telling investors: Don’t wait for a pullback to buy
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Tax-free bond yields are in a sweet spot. Get in before it’s too late.
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Jobless claims fall to lowest level since mid-May
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Jobless claims stay low in latest week
February 13, 2025 1:33
Consumer credit growth soars in December
February 7, 2025 8:26
U.S. productivity slows down in fourth quarter while unit labor costs accelerate
February 6, 2025 1:34
Beyond to buy rights to Buy Buy Baby brand and reunite it with Bed Bath & Beyond
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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
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Burberry shares rise on report Moncler could bid for it
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Kazatomprom reports 17% increase in production during the third quarter
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