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Gold prices remain unchanged in Pakistan
October 29, 2026 11:36
Gold prices remain unchanged in Pakistan

Gold prices in Pakistan remained unchanged on Thursday in line with trend in the international market. In the local market, gold price per tola saw no change at Rs425,636 during the day. Similarly, 10-gram gold was sold at Rs364,914 with no change in its price, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Wednesday, gold price per tola reached Rs425,636 after a gain of Rs3,500 during the day. The international rate of gold remained the same at $4,031 per ounce. Meanwhile, the price of silver decreased by Rs86 to reach Rs5,768 per tola. [...]

Copper slips on concerns over AI demand, high US inventories
October 29, 2026 11:27
Copper slips on concerns over AI demand, high US inventories

LONDON: Copper prices eased on Thursday after touching a two-week high in the previous session as investors stayed on the sidelines, wary about demand from the AI sector and high US inventories. Three-month copper on the London Metal Exchange was down 0.9% at $14,352 a metric ton by 1040 GMT, after hitting its highest since October 14 on Wednesday. “Sentiment has turned relatively more cautious rather than outright bearish,” JP Morgan analyst Patrick Jones said in a note. One of the drivers that sent copper to a record peak of $14,875 in September was bullishness that the frenzy to build AI data centres would boost copper demand. Zinc hits highest in nearly a month on supply fears Shares in Google parent Alphabet tumbled in after-hours trading on Wednesday after reporting a massive acceleration in cash burn as it poured resources into building out AI. Another catalyst for gains in copper, widely used in construction and power, has been huge flows of metal to the US in anticipation that tariffs would be imposed, creating shortages elsewhere. Inventories in warehouses linked to the US Comex exchange have surged 60% so far this year to 800,321 short tons or 726,039 metric tons. “They (investors) see the main downside risk as US tariff inaction reducing the US import pull and gradually giving pricing power back to Chinese consumers,” Jones said. The most-traded copper contract on the Shanghai Futures Exchange slipped 0.4% to close at 109,380 yuan ($16,408.64) a ton. Supply remained tight in China, reflected in surging copper premiums. The Yangshan copper premium, a gauge of Chinese consumers’ appetite for imported units, surged to $205 a ton on Wednesday, its highest in more than a decade. LME zinc extended gains on supply fears, rising 0.8% to $3,893 a ton, its highest in more than a month. Among other metals, LME aluminium fell 0.2% to $3,066 a ton and tin shed 1% to $50,195, while lead rose 0.5% to $1,908 and nickel was little changed at $15,600. [...]

Asia rice: Indian rice prices firm, Vietnam rates climb to near two-year highs
October 29, 2026 11:24
Asia rice: Indian rice prices firm, Vietnam rates climb to near two-year highs

Indian rice export prices remained steady this week near their highest level in more than a year, while Vietnam prices climbed to their highest since January 2025 on concerns that supply disruptions could leave exporters struggling to meet new demand. Vietnam’s 5% broken rice was offered at $470-$480 per metric ton on Thursday, up from $440-$450 a week ago. “Domestic supplies are thin,” a trader based in Ho Chi Minh City said. The autumn-winter harvest won’t begin until the end of November, with output forecast to be only half of that of the summer-autumn harvest, traders said. Traders said the El Nino phenomenon will likely affect rice production from next year. “I think prices will rise further from next month when the Philippines is expected to resume rice purchases from Vietnam,” the first trader said. India’s 5% broken parboiled variety was quoted at $387-$392 per ton this week, unchanged from last week. Indian 5% broken white rice was priced at $389 to $394 per ton. New-season paddy arrivals have begun to increase in northern states, with supplies expected to rise in central and southern states from next month, said a Kolkata-based exporter. Thailand’s 5% broken rice was quoted at $480 per ton this week, unchanged from last week. Prices held firm largely due to the exchange rate and strong domestic prices, traders said. There has been some demand for Thai rice from the Philippines and other regular buyers but other markets like Africa have opted for the cheaper variety from India, a Bangkok-based trader said. Flooding in some regions has also raised uncertainty over supply as harvesting is currently underway, another trader said. Domestic rice prices remained elevated in Bangladesh despite ample stocks, while rising oil prices increased production and transportation costs, adding to the burden on consumers. [...]

Rupee extends gain against US dollar
October 29, 2026 11:21
Rupee extends gain against US dollar

The Pakistani rupee continued its marginal gain against the US dollar in the inter-bank market on Thursday. The local unit closed the day at 276.76, a gain of Re0.01 against the greenback. On Wednesday, the rupee had closed at 276.77 against the dollar. Globally, the US dollar steadied on Thursday after the Federal Reserve held interest rates as expected while hinting that upcoming inflation data would influence future policy moves, leaving investors uncertain ​about the rates outlook. The Fed opted to delay any changes to borrowing costs until after next week’s midterm election in a 10-2 decision, ‌which came with an upgraded assessment of an economy that the central bank now says is growing at a “strong pace.” The euro ​eased 0.15% to $1.1134 in early Asian hours after the common currency firmed 0.3% in the previous session following the Fed decision. Against the Japanese ​yen, the dollar was up 0.14% at 158.045 yen. The greenback had held near two-week highs ahead of the announcement but turned lower ⁠after Warsh’s press conference offered no clear steer on a December move. Traders are pricing in a 78% chance of a hike in December, the FedWatch tool showed. The dollar index, which measures the greenback against a basket of six currencies, was at 102.26. Oil prices, a key indicator of currency parity, fell on Thursday, paring gains made a day earlier, as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict. Brent crude futures declined $1.22, or 1.1%, to $114.10 a barrel at 0351 GMT. US West Texas Intermediate (WTI) crude futures were down $1.33, or 1.3%, at $101.45. [...]

Palm falls to near three-week low on weaker rival oils, higher stocks
October 29, 2026 10:33
Palm falls to near three-week low on weaker rival oils, higher stocks

KUALA LUMPUR: Malaysian palm oil futures slid more than 1% on Thursday to a nearly three-week low, extending losses for a fourth straight session, as weaker rival edible oils and worries over rising October inventories weighed. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange slid 69 ringgit, or 1.47%, to 4,616 ringgit ($1,131.32) a metric ton, the lowest closing price since October 9. The market traded sharply lower following the drastic drop in rival oilseeds amid the absence of any announcement on the removal of Malaysia’s crude palm oil export tax, a Kuala Lumpur-based trader said. “Market participants remain cautious also amid concerns over potentially higher palm oil end-stocks in October, as indicated by rising production in the near term,” the trader added. Dalian’s most-active soyoil contract slipped 0.71%, while its palm oil contract shed 2.38%. Soyoil prices on the Chicago Board of Trade were down 1.46%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Oil prices fell, paring gains made a day earlier, as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. The ringgit, palm’s currency of trade, strengthened 0.42% against the dollar, making the commodity more expensive for buyers holding foreign currencies. [...]

Indian shares rise after Fed holds rates steady; earnings-led gains boost optimism
October 29, 2026 10:27
Indian shares rise after Fed holds rates steady; earnings-led gains boost optimism

Indian shares rose on Thursday, rebounding from a recent drop, as the US Federal Reserve held interest rates steady as expected and upbeat quarterly earnings lifted the benchmark indexes. The benchmark Nifty 50 rose 1.1% to 22,936.75 and the BSE Sensex added 1.2% to 74,151.04. The indexes had lost about 2% each in the previous seven sessions, dropping in six of them, weighed down by elevated crude oil prices. Elsewhere, Asian shares wobbled as AI-related earnings announcements prompted wildly mixed responses. The Fed left interest rates unchangedon Wednesday, opting to delay any changes to borrowing costs until after next week’s US midterm elections while it awaits further data on inflation, which it said “remains elevated.” Brent crude futures fell 0.8% to $114.4 per barrel, as traders weighed Middle East conflict risks to regional energy supplies. “Indian market is showing signs that it has bottomed out after the recent slide and the ongoing earnings season has been decent across sectors, supporting the broader sentiment,” said Arun Malhotra, fund manager at CapGrow Capital. Fifteen of the 16 major sectors rose. The broader small-caps and mid-caps added 1% each. Heavyweight financials and information technology stocks rose 1.2% and 1%, respectively. Stock-specific moves dominated the sentiment amid a busy earnings season. Adani Ports and Special Economic Zone and Adani Enterprises were the top two percentage gainers on the Nifty 50 after their earnings. Adani Ports rose 6.3% to nearly four-month high after it reported higher quarterly profit on strong cargo volumes and raised its operating profit forecast. Adani Enterprises also added 5.2% after strong July-September earnings, while consumer goods major Hindustan Unilever rose 2.3% as investors weighed higher quarterly profit against commodity inflation. Power sector companies Power Grid Corporation of India and NTPC jumped 3.4% and 2.2% on optimism over strong power demand due to El-Nino conditions. [...]

Indian rupee ends flat after hitting two-week low, oil and RBI remain key
October 29, 2026 10:23
Indian rupee ends flat after hitting two-week low, oil and RBI remain key

MUMBAI: The Indian rupee rebounded after hitting its weakest level in two weeks and ended nearly unchanged on Thursday, as likely intervention by the central bank and softer oil prices offset dollar demand, traders said. The Indian rupee ended at 95.26 against the dollar, barely changed from its close at 95.22 in the previous session. It had declined to its weakest level since October 12 earlier in the session, pressured by clustered dollar demand at the Reserve Bank of India’s daily reference rate alongside a pickup in interbank appetite to take on short rupee wagers. Likely intervention by the Reserve Bank of India capped the losses and, as the flow-linked demand faded towards the end of the session, the rupee found comfort in softer oil prices, traders said. Oil prices fell as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict. US Vice President JD Vance sought to revive peace negotiations by sending a letter to Iranian Security Council chief Mohsen Rezaei, the Wall Street Journal said on Wednesday, citing US officials and people familiar with the matter. The retreat in oil prices also soothed Indian equities and bonds with the benchmark Nifty 50 ending up by about 1% while the yield on the 10-year benchmark bond eased 8 bps to 7.35%. Elsewhere, shares traded erratically in Asia as AI-related earnings announcements prompted wildly mixed responses, raising the stakes for Amazon and Intel results due later in the day. The dollar index was up 0.1% at 102.26, while Asian currencies rose between 0.1% and 0.3% The focus later in the day will be on the release of US personal consumption expenditure inflation data for cues on the future path of interest rates. “We expect September core PCE at 0.3% MoM, in line with consensus and reinforcing the message of a hot inflation environment. We expect a modest positive dollar reaction to today’s numbers,” ING said in a note. [...]

European shares inch up ahead of ECB as earnings remain in focus
October 29, 2026 8:28
European shares inch up ahead of ECB as earnings remain in focus

European shares ‌inched up on Thursday ahead of the European Central Bank’s policy meeting, while investors assessed a fresh ​batch of upbeat earnings reports. The pan-European STOXX ​600 index was up 0.11% at 644.80 ⁠points by 0806 GMT. The ECB is widely ​expected to keep interest rates steady at 2.5% but ​the spotlight will be on President Christine Lagarde’s comments on the French bond crisis and Lagarde’s own future. Corporate results, ​which have been the major driver of ​market sentiment recently, also remained in focus. Shell announced above-expectation net ‌profit ⁠of $10.81 billion in the third quarter, its highest since 2022, and boosted its buybacks, sending the shares of the oil major 2.6% higher. The energy ​sector climbed ​1%, while ⁠London’s FTSE 100 rose 0.3%. Airbus shares added 3.2% after maintaining full-year forecasts ​and production plans and reporting mixed third-quarter ​earnings. The ⁠technology sector dropped 0.7%, mirroring global weakness after investors digested earnings from Alphabet, whose shares slumped 10.8% ⁠in ​US premarket trading following a revenue ​miss and increasing cash burn to fund AI infrastructure. [...]

Volkswagen posts 5.8bn euro loss as Chinese competition bites
October 29, 2026 7:42
Volkswagen posts 5.8bn euro loss as Chinese competition bites

FRANKFURT: German carmaker Volkswagen reported Thursday a loss of 5.8 billion euros ($6.5 billion) for the third quarter, down from a loss of 1.1 billion euros in the same period last year, as it struggles with intense Chinese competition. Sales fell 6.3 percent in the quarter to 75.3 billion euros, Volkswagen said. Overall vehicle deliveries fell 14.3 percent worldwide but collapsed almost 40 percent in China. Like its peers, Volkswagen has struggled with the costs of transitioning to electric vehicles as well as falling demand and cutthroat competition in China, the world’s largest car market. The 10-brand group, whose brands also include Audi, Seat and Skoda, warned of a 10 billion euro hit to its annual profit last month, driven mainly by a writedown to the value of its stake in Porsche, which is also struggling in China. Volkswagen plans to cut 120,000 jobs across the group by 2030 in an effort to bring costs down, and revealed Thursday that the restructuring would cost it 31 billion euros. “What matters now is swift and consistent implementation,” the company’s chief financial officer Arno Antlitz said in a statement. “We cannot lose any time and need to act quickly and decisively.” Without the eight billion euros’ worth of writedowns and restructuring costs that hit the company this quarter, Volkswagen said its profit margin would have been 3.8 percent. “That is not enough in the long term,” Antlitz said, warning that the company’s ability to pay for future investments was at stake. “We no longer have unlimited time.” [...]

Australian shares edge higher as banks overshadow mining losses
October 29, 2026 6:41
Australian shares edge higher as banks overshadow mining losses

Australian shares inched higher on Thursday, as gains in financials outweighed losses in heavyweight miners, while hot inflation data increased bets for a fifth central bank rate hike this year. The S&P/ASX 200 index rose 0.2% to 8,868.20 as of 0105 GMT. The benchmark ended flat on Wednesday. Wednesday data showed higher fuel-cost-driven inflation accelerating in the third quarter, strengthening expectations of a rate hike at the Reserve Bank of Australia’s meeting next week. RBA Governor Michele Bullock said policymakers will weigh next week whether four rate hikes this year are enough to rein in inflation. Markets imply nearly nearly 85% chance of a quarter-point rise at the central bank’s November 3 meeting, up from 60% before the data was released. Rate-sensitive financials rose as much as 1.3%, their highest since August 14. All the “Big Four” banks climbed between 0.8% and 1.3%. Insurer Suncorp dropped 2.9%, after it lowered its gross written premium growth forecast for fiscal 2027 to about 3% from a previous outlook range of 3% to 5%. The stock is headed for its worst session in four weeks. Energy stocks added 1%, tracking higher oil prices on renewed concerns about additional Middle East energy supply disruptions due to continued fighting in Yemen. Santos and Woodside Energy advanced 0.6% and 1.1%, respectively. Capping gains, miners dropped 0.5%, with both Rio Tinto and Fortescue sliding over 0.6%. New Zealand’s benchmark S&P/NZX 50 index rose 0.3% to 13,729.59 points. The central bank kept the cash rate steady at 2.75% on Wednesday. The Reserve Bank of New Zealand Governor Anna Breman said chances of a December cash rate hike are “high”, but will depend on the economic outlook and how inflation is evolving. [...]

Australian dollar wins hawks over, as kiwi rues RBNZ hold
October 29, 2026 6:39
Australian dollar wins hawks over, as kiwi rues RBNZ hold

SYDNEY: The Australian dollar touched five-week highs on Thursday as investors wagered interest rates would rise next week for a fifth time this year, while its New Zealand counterpart remained under pressure after a surprise pause in rate hikes at home. The kiwi took a beating on Wednesday after the Reserve Bank of New Zealand shocked investors by holding rates at 2.75% when markets had fully priced for a quarter-point increase to 3.0%. Perhaps seeking to limit the damage to the currency, RBNZ Governor Anna Breman appeared across local media, saying further rate increases were likely and that the chance of a move in December was “high”. She also suggested the central bank could raise its projected 2027 peak rate from the current 3.2%. “The case to hike was there, but the Bank appears to have placed significant focus on downside risks, primarily offshore,” said Prashant Newnaha, an analyst at TD Securities. “By not hiking the RBNZ has eased conditions, prompting potentially more tightening later, so we expect 25bps increases in December, February and March to 3.50%.” Markets now imply a 76% chance of a move in December and have rates peaking at 3.75% or higher. That offered only limited support to the kiwi, which was hanging on grimly at $0.5625, having slumped 1.0% overnight to as low as $0.5583. The retreat threatens major support at $0.5566 where a break would take it to depths not seen since the tariff rout of April 2025. The Aussie surged 1.4% against the kiwi overnight to hit its highest level since early 2013 at NZ$1.2602. Against the greenback, the Aussie was trading at $0.7065 , having climbed 0.4% overnight. A sustained breach of the 200-day moving average of $0.7057 would open the way towards $0.7140 and $0.7238. Hot inflation data and hawkish comments from the Reserve Bank of Australia have led markets to price in an 83% chance of a rate hike when the central bank meets on November 3, up from 25% a couple of weeks ago. “The RBA will have to hike next week,” said Jonathan Kearns, an economist at Challenger and a former RBA official. “A November hike will take the cash rate to 4.85%, which should give the RBA the opportunity to pause at their December meeting,” he added. “By the time the Board returns from its summer break, the economy will be slowing under the cumulative effect of 125 basis points of hikes, making further hikes in 2027 unlikely.” [...]

South Korean shares fall sharply after Samsung Electronics earnings
October 29, 2026 6:36
South Korean shares fall sharply after Samsung Electronics earnings

SEOUL: Round-up of South Korean financial markets: South Korean shares erased early gains to fall sharply on Thursday, as Samsung Electronics slumped after announcing its third-quarter results. The benchmark KOSPI was down 131.04 points, or 2.18%, at 5,881.40 as of 0132 GMT, after rising more than 1% earlier in the session. Chipmaker Samsung Electronics erased early gains to fall 4.13%, after its third-quarter results, which showed net profit missing analyst expectations. Peer chipmaker SK Hynix was up 1.14%, also cutting gains. South Korea’s finance minister vowed to respond immediately if market volatility heightens. The Bank of Korea also said it was closely monitoring local financial market conditions. Among other index heavyweights, battery maker LG Energy Solution slid 9.37%, while Hyundai Motor and sister automaker Kia Corp were down 2.70% and down 1.76%, respectively. Steelmaker POSCO Holdings shed 3.01%, while drugmaker Samsung BioLogics rose 0.15%. Of the total 912 traded issues, 118 shares advanced, while 766 declined. Foreigners were net buyers of shares worth 380.8 billion won ($283.81 million). The won was quoted at 1,332.4 per dollar on the onshore settlement platform, 0.72% higher than its previous close at 1,342.0. In money and debt markets, December futures on three-year treasury bonds gained 0.13 point to 103.33. The most liquid three-year Korean treasury bond yield fell by 4.2 basis points to 3.758%, while the benchmark 10-year yield fell by 1.6 basis points to 4.090%. [...]

Thai baht/US dollar steady on Thursday
October 29, 2026 6:33
Thai baht/US dollar steady on Thursday

BANGKOK: The Thai baht was little changed against the US dollar on Thursday. At 0223 GMT, the baht was 0.06% higher at 33.70 versus the dollar, after trading in a range of 33.690 to 33.743. It ended the previous session at 33.7225 per dollar, as per LSEG data. [...]

India bonds may firm with Treasuries; crude, supply could cap gains
October 29, 2026 6:28
India bonds may firm with Treasuries; crude, supply could cap gains

MUMBAI: Indian government bonds may edge higher on Thursday, buoyed by firmer US Treasuries, though crude-price swings and looming debt supply may keep gains in check. The US Federal Reserve left borrowing costs unchanged late on Wednesday, as widely expected, delaying any policy move ahead of next week’s US midterm elections while awaiting more data on inflation, which it said “remains elevated.” The US 10-year Treasury yield, a key gauge for global borrowing costs, briefly moved up after the Fed decision, but was down 6 basis points at 4.98% in Asian trade. The benchmark 6.94% 2036 bond yield may trade between 7.42% and 7.47%, according to a private-bank trader, after closing at 7.44% on Wednesday. Bond yields move inversely to prices. Bonds have whipsawed this week as elevated oil prices fuelled bets of further Reserve Bank of India rate hikes, although some value buying has emerged at higher yields. The 10-year yield has approached but not breached the technically key 7.50% level, reinforcing expectations that yields may peak near current levels if oil stabilises. “The market is still worried about the current level of crude,” a trader at an asset manager said. “If crude doesn’t ease, the rupee may depreciate further, and we could be looking at a 50-basis-point hike in December.” The rupee was last at 95.22 per dollar, after touching 94.46 last week. The RBI raised the repo rate and shifted its policy stance earlier this month, signalling scope for further tightening. Focus will also be on New Delhi’s 330 billion rupee ($3.47 billion) bond auction on Friday, which should offer fresh clues on investor demand and broader risk appetite. [...]

Japan's Nikkei rises on Advantest profit outlook but Samsung weighs
October 29, 2026 6:24
Japan's Nikkei rises on Advantest profit outlook but Samsung weighs

TOKYO: Japan’s Nikkei share average advanced on Thursday on heavyweight chip equipment maker Advantest’s improved profit forecast, although South Korea’s Samsung Electronics dampened the mood after its shares tumbled despite record earnings. The Nikkei ended the morning session with a 0.3% gain to 64,131.28, although it had earlier been up as much as 1.3% before Samsung’s announcement. Advantest was responsible for the Nikkei’s rise, providing 408 points in the Nikkei’s net gain of 177 points. The broader Topix fell 0.3% to 3,979.89, after being down for most of the morning session. Japan, South Korea and the US are in the thick of the tech earnings season. SK Hynix results on Wednesday had buoyed the Nikkei. Wall Street provided a mixed bag overnight, with Alphabet reporting a hefty cash burn that sent shares sliding in extended trading, while Microsoft delivered a big cash flow beat. Hundreds of Japanese companies report results on Thursday and Friday, while the Bank of Japan announces a policy decision on Friday. “Ahead of these events, the market is perhaps showing a bit of nervousness,” said Maki Sawada, an equities strategist at Nomura Securities. “We are possibly seeing investors taking a risk-averse stance.” Advantest gained 5.4% and was earlier up as much as 9.1%, after raising its annual operating profit forecast by 14% on Wednesday after trading had ended. However, many other chip and AI-related shares shed early advances, with Tokyo Electron sliding 0.9% and SoftBank Group easing 0.6%. Hitachi tumbled 8.7% to be the Nikkei’s biggest percentage decliner, despite raising its full-year profit forecast. Of the Nikkei’s 225 components, 123 fell versus 99 that rose, with three trading flat. [...]

PSX: positive momentum continues, KSE-100 accumulates over 1,400 points
October 29, 2026 1:24
PSX: positive momentum continues, KSE-100 accumulates over 1,400 points

Strong buying continued at the Pakistan Stock Exchange (PSX), supported by corporate earnings and sustained institutional interest, with the benchmark KSE-100 Index closing with a gain of over 1,400 points. The market witnessed a strong recovery during early trading, climbing towards the 167,500 level before paring some gains around midday. The index subsequently rebounded in the afternoon session to close in positive territory. At close, the benchmark index settled at 167,193.43 points, gaining 1,456.68 points or 0.88%. “The market maintained its upward trajectory throughout the session, reflecting sustained buying interest across key sectors and an improvement in investor sentiment amid ongoing corporate earnings announcements,” brokerage house Topline Securities said in its post-market report. “The positive momentum was primarily driven by renewed buying interest in heavyweight banking and fertiliser stocks, while encouraging market participation further reinforced the bullish sentiment.” On the contribution front, Fauji Fertilizer Company (FFC), Engro Holdings (ENGROH), Habib Bank Limited (HBL), MCB Bank and United Bank Limited (UBL) emerged as the leading positive contributors, collectively adding approximately 924 points to the benchmark index, thereby providing substantial support to the overall market performance, Topline said. On Wednesday, PSX extended its recovery as late-session buying lifted the market, supported by broad-based gains across major sectors. The benchmark KSE-100 Index advanced by 1,269.55 points, or 0.77%, to close at 165,736.76 points. Internationally, Asian shares gave up earlier gains on Thursday as AI-related earnings announcements prompted wildly mixed responses, raising the stakes for ​Amazon and Intel results due later in the day. Hefty cash burn from Alphabet sent its shares 10% lower in after-hours trading, ‌wiping nearly $400 billion off its market value. That drove Nasdaq futures 1% lower. Microsoft, by contrast, beat forecasts with better-than-expected cash flows that lifted its shares by 3%. Overnight, the Federal Reserve held interest rates steady as widely expected, but two committee members voted for a hike. Chair Kevin Warsh struck a more confident note on the inflation outlook during his ​press conference, sparking a rally in Treasuries. However, the bigger test came from earnings. Samsung Electronics said on Thursday its operating profit rose ​nearly ninefold to a record high in the third quarter, driven by robust demand for AI chips. Its shares ⁠still slid more than 4% and dragged the broader KOSPI index down 2.6% after a nearly 7% surge a day earlier. MSCI’s broadest index of ​Asia-Pacific shares outside Japan dropped 0.7%, while Japan’s Nikkei trimmed gains to be up 0.3%. Mainland China’s blue chips fell 0.9% and Hong Kong’s Hang Seng ​index rose 0.2%. Meanwhile, the Pakistani rupee continued its marginal gain against the US dollar in the inter-bank market on Thursday. The local unit closed the day at 276.76, a gain of Re0.01 against the greenback. Volume on the all-share index increased to 816.83 million from 578.12 million recorded in the previous close. The value of shares rose to Rs31.54 billion from Rs26.20 billion in the previous session. Cnergyico PK was the volume leader with 184.01 million shares, followed by Pervez Ahmed Co with 81.15 million shares, and K-Electric Ltd with 46.83 million shares. Shares of 499 companies were traded on Thursday, of which 232 registered an increase, 232 recorded a fall, and 35 remained unchanged. [...]

Microsoft to raise $25 billion in US bond sale, reports
October 29, 2026 12:18
Microsoft to raise $25 billion in US bond sale, reports

Microsoft is planning to raise at least $25 billion through its first US investment-grade bond sale in more than nine years, Bloomberg News reported on Thursday, citing people familiar with the matter. The bond sale would make Microsoft the latest tech giant to tap debt markets to fund its AI spending spree. Microsoft is selling the debt in as many as 10 tranches, with maturities ranging from two to 40 years, Bloomberg reported, adding that no final decision has been made on the offering’s size and that it may change according to demand. Microsoft is offering buyouts to around 60,000 employees, Business Insider reports Microsoft did not immediately respond to a Reuters request for comment. Wells Fargo, JPMorgan Chase and UBS Group AG are managing the bond offering, Bloomberg reported. [...]

Copper slips on concerns over AI demand, high US inventories
October 29, 2026 11:27
Copper slips on concerns over AI demand, high US inventories

LONDON: Copper prices eased on Thursday after touching a two-week high in the previous session as investors stayed on the sidelines, wary about demand from the AI sector and high US inventories. Three-month copper on the London Metal Exchange was down 0.9% at $14,352 a metric ton by 1040 GMT, after hitting its highest since October 14 on Wednesday. “Sentiment has turned relatively more cautious rather than outright bearish,” JP Morgan analyst Patrick Jones said in a note. One of the drivers that sent copper to a record peak of $14,875 in September was bullishness that the frenzy to build AI data centres would boost copper demand. Zinc hits highest in nearly a month on supply fears Shares in Google parent Alphabet tumbled in after-hours trading on Wednesday after reporting a massive acceleration in cash burn as it poured resources into building out AI. Another catalyst for gains in copper, widely used in construction and power, has been huge flows of metal to the US in anticipation that tariffs would be imposed, creating shortages elsewhere. Inventories in warehouses linked to the US Comex exchange have surged 60% so far this year to 800,321 short tons or 726,039 metric tons. “They (investors) see the main downside risk as US tariff inaction reducing the US import pull and gradually giving pricing power back to Chinese consumers,” Jones said. The most-traded copper contract on the Shanghai Futures Exchange slipped 0.4% to close at 109,380 yuan ($16,408.64) a ton. Supply remained tight in China, reflected in surging copper premiums. The Yangshan copper premium, a gauge of Chinese consumers’ appetite for imported units, surged to $205 a ton on Wednesday, its highest in more than a decade. LME zinc extended gains on supply fears, rising 0.8% to $3,893 a ton, its highest in more than a month. Among other metals, LME aluminium fell 0.2% to $3,066 a ton and tin shed 1% to $50,195, while lead rose 0.5% to $1,908 and nickel was little changed at $15,600. [...]

Asia rice: Indian rice prices firm, Vietnam rates climb to near two-year highs
October 29, 2026 11:24
Asia rice: Indian rice prices firm, Vietnam rates climb to near two-year highs

Indian rice export prices remained steady this week near their highest level in more than a year, while Vietnam prices climbed to their highest since January 2025 on concerns that supply disruptions could leave exporters struggling to meet new demand. Vietnam’s 5% broken rice was offered at $470-$480 per metric ton on Thursday, up from $440-$450 a week ago. “Domestic supplies are thin,” a trader based in Ho Chi Minh City said. The autumn-winter harvest won’t begin until the end of November, with output forecast to be only half of that of the summer-autumn harvest, traders said. Traders said the El Nino phenomenon will likely affect rice production from next year. “I think prices will rise further from next month when the Philippines is expected to resume rice purchases from Vietnam,” the first trader said. India’s 5% broken parboiled variety was quoted at $387-$392 per ton this week, unchanged from last week. Indian 5% broken white rice was priced at $389 to $394 per ton. New-season paddy arrivals have begun to increase in northern states, with supplies expected to rise in central and southern states from next month, said a Kolkata-based exporter. Thailand’s 5% broken rice was quoted at $480 per ton this week, unchanged from last week. Prices held firm largely due to the exchange rate and strong domestic prices, traders said. There has been some demand for Thai rice from the Philippines and other regular buyers but other markets like Africa have opted for the cheaper variety from India, a Bangkok-based trader said. Flooding in some regions has also raised uncertainty over supply as harvesting is currently underway, another trader said. Domestic rice prices remained elevated in Bangladesh despite ample stocks, while rising oil prices increased production and transportation costs, adding to the burden on consumers. [...]

Rupee extends gain against US dollar
October 29, 2026 11:21
Rupee extends gain against US dollar

The Pakistani rupee continued its marginal gain against the US dollar in the inter-bank market on Thursday. The local unit closed the day at 276.76, a gain of Re0.01 against the greenback. On Wednesday, the rupee had closed at 276.77 against the dollar. Globally, the US dollar steadied on Thursday after the Federal Reserve held interest rates as expected while hinting that upcoming inflation data would influence future policy moves, leaving investors uncertain ​about the rates outlook. The Fed opted to delay any changes to borrowing costs until after next week’s midterm election in a 10-2 decision, ‌which came with an upgraded assessment of an economy that the central bank now says is growing at a “strong pace.” The euro ​eased 0.15% to $1.1134 in early Asian hours after the common currency firmed 0.3% in the previous session following the Fed decision. Against the Japanese ​yen, the dollar was up 0.14% at 158.045 yen. The greenback had held near two-week highs ahead of the announcement but turned lower ⁠after Warsh’s press conference offered no clear steer on a December move. Traders are pricing in a 78% chance of a hike in December, the FedWatch tool showed. The dollar index, which measures the greenback against a basket of six currencies, was at 102.26. Oil prices, a key indicator of currency parity, fell on Thursday, paring gains made a day earlier, as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict. Brent crude futures declined $1.22, or 1.1%, to $114.10 a barrel at 0351 GMT. US West Texas Intermediate (WTI) crude futures were down $1.33, or 1.3%, at $101.45. [...]

India's IndiGo narrows quarterly loss on pricing actions
October 29, 2026 10:47
India's IndiGo narrows quarterly loss on pricing actions

IndiGo parent InterGlobe Aviation on Thursday posted a smaller second-quarter loss as India’s top airline undertook pricing actions to offset rising fuel costs. The company reported a loss of 20.55 billion rupees ($215.73 million) in the quarter ended September 30, CEO Willie Walsh’s first after he took over as the company’s head in August this year, from a loss of 26.14 billion rupees in the year-ago period. Indian airlines have been leaning on tighter cost controls and pricing actions to offset elevated fuel expenses in an otherwise seasonally softer travel period. Travel demand typically moderates in the quarter, situated after the peak summer season and before the onset of festive travel. Revenue jumped about 26% to 233.64 billion rupees while expenses rose 19.2% to 263.57 billion rupees. Costs related to aircraft fuel accounted for about 37.8% of the total expenses. In October, the company said it would increase its fuel charges on domestic and international routes, following a similar increase in April. This is expected to ease pressure on margins. Dubai limits foreign flights until May 31, letters show, hitting Indian airlines hardest Indigo had also said earlier it would evaluate whether to hedge fuel prices following the sharp increase in jet fuel costs, although the carrier is yet to announce a formal hedging programme. [...]

QatarEnergy secures 20-year US LNG supply from Woodside amid Hormuz blockade
October 29, 2026 10:38
QatarEnergy secures 20-year US LNG supply from Woodside amid Hormuz blockade

Australia’s Woodside Energy will supply QatarEnergy with LNG from its Louisiana project under a 20-year deal, the companies said on Thursday, as the Hormuz blockade and war damage disrupt output at one of the world’s largest LNG producers. The deal gives QatarEnergy, which has been buying US LNG for its customers, a supply source outside the Gulf and helps Woodside sell capacity at its Louisiana project, which has few committed buyers. Last week, Reuters reported that QatarEnergy was in talks with Woodside Energy to buy up to 3 million metric tons of liquefied natural gas per annum (mtpa) from its Louisiana LNG plant under construction. Under the deal, Woodside will supply LNG on a free-on-board basis from the start-up of Louisiana LNG Train 2, with volumes increasing to 3 million mtpa from the start-up of Train 3. Edison, Pakistan gas buyers face QatarEnergy supply halt until year-end QatarEnergy said deliveries are expected to start in 2030, and that the deal makes it the largest buyer of US LNG. “What really strikes me is the length of the contracts. If you were just trying to fill a three- or four- year gap, you wouldn’t be signing 20-year contracts,” said Hersh Oberoi, global research director at Balfour Capital Group. “Qatar is clearly treating the Hormuz risk as something that is not going away.” QatarEnergy also told some clients that it would not receive LNG until the end of this year, according to Italian utility Edison and market sources. LNG prices have remained near multi-year highs this year, supported by ongoing concerns over the Middle East conflict and forecasts for colder weather. QatarEnergy offers naphtha for loading inside Hormuz via tender, traders say Woodside is targeting first LNG in 2029 from the 16.5 mtpa Louisiana export facility. Investment in the project totalled $17.5 billion. Australia’s top independent oil and gas producer has struggled to sell Louisiana volumes, having sought liquefaction fees above US market rates, Reuters reported in May. Before QatarEnergy, its only long-term deal for the project was with Germany’s Uniper. [...]

Palm falls to near three-week low on weaker rival oils, higher stocks
October 29, 2026 10:33
Palm falls to near three-week low on weaker rival oils, higher stocks

KUALA LUMPUR: Malaysian palm oil futures slid more than 1% on Thursday to a nearly three-week low, extending losses for a fourth straight session, as weaker rival edible oils and worries over rising October inventories weighed. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange slid 69 ringgit, or 1.47%, to 4,616 ringgit ($1,131.32) a metric ton, the lowest closing price since October 9. The market traded sharply lower following the drastic drop in rival oilseeds amid the absence of any announcement on the removal of Malaysia’s crude palm oil export tax, a Kuala Lumpur-based trader said. “Market participants remain cautious also amid concerns over potentially higher palm oil end-stocks in October, as indicated by rising production in the near term,” the trader added. Dalian’s most-active soyoil contract slipped 0.71%, while its palm oil contract shed 2.38%. Soyoil prices on the Chicago Board of Trade were down 1.46%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Oil prices fell, paring gains made a day earlier, as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. The ringgit, palm’s currency of trade, strengthened 0.42% against the dollar, making the commodity more expensive for buyers holding foreign currencies. [...]

Indian shares rise after Fed holds rates steady; earnings-led gains boost optimism
October 29, 2026 10:27
Indian shares rise after Fed holds rates steady; earnings-led gains boost optimism

Indian shares rose on Thursday, rebounding from a recent drop, as the US Federal Reserve held interest rates steady as expected and upbeat quarterly earnings lifted the benchmark indexes. The benchmark Nifty 50 rose 1.1% to 22,936.75 and the BSE Sensex added 1.2% to 74,151.04. The indexes had lost about 2% each in the previous seven sessions, dropping in six of them, weighed down by elevated crude oil prices. Elsewhere, Asian shares wobbled as AI-related earnings announcements prompted wildly mixed responses. The Fed left interest rates unchangedon Wednesday, opting to delay any changes to borrowing costs until after next week’s US midterm elections while it awaits further data on inflation, which it said “remains elevated.” Brent crude futures fell 0.8% to $114.4 per barrel, as traders weighed Middle East conflict risks to regional energy supplies. “Indian market is showing signs that it has bottomed out after the recent slide and the ongoing earnings season has been decent across sectors, supporting the broader sentiment,” said Arun Malhotra, fund manager at CapGrow Capital. Fifteen of the 16 major sectors rose. The broader small-caps and mid-caps added 1% each. Heavyweight financials and information technology stocks rose 1.2% and 1%, respectively. Stock-specific moves dominated the sentiment amid a busy earnings season. Adani Ports and Special Economic Zone and Adani Enterprises were the top two percentage gainers on the Nifty 50 after their earnings. Adani Ports rose 6.3% to nearly four-month high after it reported higher quarterly profit on strong cargo volumes and raised its operating profit forecast. Adani Enterprises also added 5.2% after strong July-September earnings, while consumer goods major Hindustan Unilever rose 2.3% as investors weighed higher quarterly profit against commodity inflation. Power sector companies Power Grid Corporation of India and NTPC jumped 3.4% and 2.2% on optimism over strong power demand due to El-Nino conditions. [...]

Indian rupee ends flat after hitting two-week low, oil and RBI remain key
October 29, 2026 10:23
Indian rupee ends flat after hitting two-week low, oil and RBI remain key

MUMBAI: The Indian rupee rebounded after hitting its weakest level in two weeks and ended nearly unchanged on Thursday, as likely intervention by the central bank and softer oil prices offset dollar demand, traders said. The Indian rupee ended at 95.26 against the dollar, barely changed from its close at 95.22 in the previous session. It had declined to its weakest level since October 12 earlier in the session, pressured by clustered dollar demand at the Reserve Bank of India’s daily reference rate alongside a pickup in interbank appetite to take on short rupee wagers. Likely intervention by the Reserve Bank of India capped the losses and, as the flow-linked demand faded towards the end of the session, the rupee found comfort in softer oil prices, traders said. Oil prices fell as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict. US Vice President JD Vance sought to revive peace negotiations by sending a letter to Iranian Security Council chief Mohsen Rezaei, the Wall Street Journal said on Wednesday, citing US officials and people familiar with the matter. The retreat in oil prices also soothed Indian equities and bonds with the benchmark Nifty 50 ending up by about 1% while the yield on the 10-year benchmark bond eased 8 bps to 7.35%. Elsewhere, shares traded erratically in Asia as AI-related earnings announcements prompted wildly mixed responses, raising the stakes for Amazon and Intel results due later in the day. The dollar index was up 0.1% at 102.26, while Asian currencies rose between 0.1% and 0.3% The focus later in the day will be on the release of US personal consumption expenditure inflation data for cues on the future path of interest rates. “We expect September core PCE at 0.3% MoM, in line with consensus and reinforcing the message of a hot inflation environment. We expect a modest positive dollar reaction to today’s numbers,” ING said in a note. [...]

PM approves Lahore, Karachi airport expansion
October 29, 2026 10:15
PM approves Lahore, Karachi airport expansion

Prime Minister Shehbaz Sharif on Thursday approved the expansion of Lahore and Karachi airports under their master plans, directing that the projects be completed within the stipulated timeframe. The development came during a meeting held in Islamabad under the chairmanship of PM Shehbaz regarding improvement of services at Pakistani airports. The meeting was briefed on the expansion projects of Karachi and Lahore airports, besides upgradation of various airports and ongoing development works by the Civil Aviation Authority across the country. The meeting was briefed on the master plans of Lahore and Karachi airports and the planning and construction timelines for expansion under them. The prime minister directed that construction be completed in accordance with international standards. PM directed authorities to ensure third-party validation of reforms to improve expansion projects and passenger travel facilities. “Services of internationally renowned firms should be obtained to improve travel facilities at airports,” he said. The meeting was informed that the expansion of the runway at Jinnah International Airport, Karachi, has been completed. The meeting was told that during the past year, the Civil Aviation Authority has activated 14 airports for the restoration of domestic flights. It was learnt that work is progressing rapidly on the installation of an automated border management system, i.e. E-Gates, at major airports. Furthermore, work is also underway on an air cargo village to make Karachi an air cargo hub. The meeting was informed that meet and greet service has been started at Islamabad Airport for passenger facilitation. Similarly, the FIA has established pre-departure desks at major airports of the country for timely guidance of passengers. It was shared that the existing aviation institution in Hyderabad is being further improved to make it an international-standard aviation university, on which work will be started by February 2028. [...]

Pakistan, KSA discuss investment in agriculture, minerals
October 29, 2026 8:43
Pakistan, KSA discuss investment in agriculture, minerals

Pakistan and Saudi Arabia discussed investment opportunities in agriculture and minerals, as the two countries seek to deepen economic cooperation and translate bilateral ties into tangible commercial outcomes, the Finance Division said on Thursday. The development came during a meeting between Finance Minister Muhammad Aurangzeb and Dr Rajeh Tami Albugamy, Ambassador of the Kingdom of Saudi Arabia to Pakistan. During the meeting, the finance minister thanked Saudi Arabia for its continued support for Pakistan and emphasised the need further to strengthen the economic relationship between the two countries. The Saudi envoy underscored the historic relationship between the two countries and emphasised that stronger business-to-business engagement could further deepen people-to-people connections and create mutually beneficial economic opportunities. The two sides discussed opportunities for cooperation in agriculture, minerals and mining, and other sectors with investment potential. They emphasised the importance of translating shared priorities into tangible outcomes and strengthening commercial engagement between the two countries. Aurangzeb highlighted Pakistan’s progress in restoring macroeconomic stability, noting improvements in foreign exchange reserves and inflation, as well as recent upgrades by international credit-rating agencies. He also referred to Pakistan’s return to international capital markets through its recent $3 billion Eurobond issuance and its access to China’s capital market. He highlighted the importance of building on recent economic gains to strengthen investor confidence and support sustainable, investment-led growth. The meeting also included an exchange of views on the prevailing regional situation and ongoing conflict, with emphasis on the importance of peace, stability and continued cooperation to address emerging challenges and safeguard regional economic prospects. The discussion also highlighted Pakistan’s strategic geographic location and its potential to serve as a regional trade and transit hub, facilitating connectivity and creating opportunities for wider economic cooperation. The meeting reaffirmed Pakistan and Saudi Arabia’s commitment to strengthening their strategic partnership and expanding cooperation in trade and investment. [...]

PSO profit jump 172% to Rs25.6bn in 1QFY27 despite supply disruptions
October 29, 2026 8:35
PSO profit jump 172% to Rs25.6bn in 1QFY27 despite supply disruptions

Pakistan State Oil Company Limited (PSO), one of Pakistan’s largest oil marketing companies (OMCs), reported a 172% year-on-year increase in profit after tax to Rs25.56 billion in the first quarter of fiscal year 2027 (FY27), compared to Rs9.39 billion in the same period last year, supported by higher sales volumes and an improved product mix. The oil marketing company’s petroleum sales rose 17.8% year-on-year, more than twice the industry’s 7.1% growth, lifting its market share by 4.2 percentage points to 45.9%, according to a statement released on Thursday. During the quarter, PSO saw its earnings per share (EPS) clock in at Rs54.44, compared to Rs20 posted in the corresponding period last year. At the consolidated level, PSO’s share in the group’s consolidated profit after tax stood at Rs29.42 billion, with EPS of Rs62.66, including the contribution of Pakistan Refinery Limited (PRL). “This quarter, PSO grew at more than twice the pace of the market while keeping fuel available across Pakistan through one of the most disrupted periods for regional supply in recent years,” Jawwad Ahmed Cheema, CEO, PSO, said. “We are strengthening our supply chain by broadening sourcing options, leveraging domestic refinery supplies and building greater resilience against external disruptions,” he added. PSO recorded growth across key product segments. Motor gasoline sales rose 23.2% to 968,000 metric tonnes (MT), while high-speed diesel sales grew 12.8% to 759,000 MT, even as national diesel demand contracted. Aviation fuel sales increased 15.5%, with PSO supplying 99.6% of the Jet A-1 market, while lubricant sales grew 17.4% to 9,970 MT. Amid pressure on regional supply routes, PSO imported 16 cargoes of petroleum products totalling 756,000 MT and uplifted 1.019 million MT of motor gasoline and high-speed diesel from local refineries. During the quarter, PSO also managed Pakistan’s long-term liquefied natural gas (LNG) supply portfolio.  Subsequent to the quarter, PSO signed a government-to-government sale and purchase agreement with Oman’s OQ Trading, broadening Pakistan’s fuel sourcing options and reinforcing the resilience of its energy supply chain. Looking ahead, PSO said that it is positioning itself to navigate the evolving energy landscape and advance towards a more sustainable future. [...]

European shares inch up ahead of ECB as earnings remain in focus
October 29, 2026 8:28
European shares inch up ahead of ECB as earnings remain in focus

European shares ‌inched up on Thursday ahead of the European Central Bank’s policy meeting, while investors assessed a fresh ​batch of upbeat earnings reports. The pan-European STOXX ​600 index was up 0.11% at 644.80 ⁠points by 0806 GMT. The ECB is widely ​expected to keep interest rates steady at 2.5% but ​the spotlight will be on President Christine Lagarde’s comments on the French bond crisis and Lagarde’s own future. Corporate results, ​which have been the major driver of ​market sentiment recently, also remained in focus. Shell announced above-expectation net ‌profit ⁠of $10.81 billion in the third quarter, its highest since 2022, and boosted its buybacks, sending the shares of the oil major 2.6% higher. The energy ​sector climbed ​1%, while ⁠London’s FTSE 100 rose 0.3%. Airbus shares added 3.2% after maintaining full-year forecasts ​and production plans and reporting mixed third-quarter ​earnings. The ⁠technology sector dropped 0.7%, mirroring global weakness after investors digested earnings from Alphabet, whose shares slumped 10.8% ⁠in ​US premarket trading following a revenue ​miss and increasing cash burn to fund AI infrastructure. [...]

Volkswagen posts 5.8bn euro loss as Chinese competition bites
October 29, 2026 7:42
Volkswagen posts 5.8bn euro loss as Chinese competition bites

FRANKFURT: German carmaker Volkswagen reported Thursday a loss of 5.8 billion euros ($6.5 billion) for the third quarter, down from a loss of 1.1 billion euros in the same period last year, as it struggles with intense Chinese competition. Sales fell 6.3 percent in the quarter to 75.3 billion euros, Volkswagen said. Overall vehicle deliveries fell 14.3 percent worldwide but collapsed almost 40 percent in China. Like its peers, Volkswagen has struggled with the costs of transitioning to electric vehicles as well as falling demand and cutthroat competition in China, the world’s largest car market. The 10-brand group, whose brands also include Audi, Seat and Skoda, warned of a 10 billion euro hit to its annual profit last month, driven mainly by a writedown to the value of its stake in Porsche, which is also struggling in China. Volkswagen plans to cut 120,000 jobs across the group by 2030 in an effort to bring costs down, and revealed Thursday that the restructuring would cost it 31 billion euros. “What matters now is swift and consistent implementation,” the company’s chief financial officer Arno Antlitz said in a statement. “We cannot lose any time and need to act quickly and decisively.” Without the eight billion euros’ worth of writedowns and restructuring costs that hit the company this quarter, Volkswagen said its profit margin would have been 3.8 percent. “That is not enough in the long term,” Antlitz said, warning that the company’s ability to pay for future investments was at stake. “We no longer have unlimited time.” [...]

Imran Khan’s son accuses Pakistan govt of risking father’s life in prison
October 29, 2026 1:12
Imran Khan’s son accuses Pakistan govt of risking father’s life in prison

Sulaiman Khan, son of Pakistan’s jailed former prime minister Imran Khan, has accused the government of endangering his father’s life in prison, alleging that authorities have ignored a Supreme Court order for his medical assessment and treatment at Shifa International Hospital. In a series of posts on X, Sulaiman said the family had neither seen nor heard from his father since August, when the former premier allegedly told them that he was being tortured and feared authorities were trying to kill him. He also cited the United Nations special rapporteur on torture, saying the official had repeatedly stated that his father’s treatment amounted to torture. “Their health is deteriorating because of the inhumane treatment he has been subjected to in prison,” Sulaiman said, referring to his father’s condition. Sulaiman alleged that authorities had failed to comply with an August Supreme Court order requiring Imran Khan to be assessed and treated at Shifa International Hospital, as well as allowing regular access to family members and lawyers. He further warned that the government would be held responsible if his father died in custody, alleging that the authorities feared the former premier because of his popularity. Sulaiman said his father was in exceptionally good physical condition when he was imprisoned three years ago, despite having survived an assassination attempt in which he was shot in the leg. He also expressed concern that authorities might attribute any deterioration resulting in his father’s death to natural causes or old age. Imran Khan, who served as prime minister from 2018 to 2022, has remained imprisoned amid multiple legal cases. His detention and treatment have drawn sustained criticism from his supporters, who have repeatedly raised concerns about his health and access to legal counsel. Sulaiman also criticised foreign governments maintaining relations with Pakistan’s current leadership, arguing that such engagement was incompatible with claims of supporting democracy and human rights. The allegations were made by Sulaiman on social media. The government’s response to the latest claims was not included in his posts. [...]

Osaka knocked out in Tokyo by teenager Pohankova in second round
October 29, 2026 12:46
Osaka knocked out in Tokyo by teenager Pohankova in second round

TOKYO: Former world number one Naomi Osaka suffered a 6-3 7-5 defeat by Slovakian teenager Mia Pohankova in the Pan Pacific Open second round on Thursday. Wildcard Pohankova, who turned this month, advanced to the quarter-finals after upsetting the Japanese former champion and seventh seed in front of Osaka’s home fans. “I am really proud of myself,” Pohankova said. “It is the first time I have played against such a hard player, and I feel really, really good.” Osaka, 29, had opened her campaign with a straight-sets victory over Jasmine Paolini but could not build on that performance as her 2026 season came to an end. Rybakina finds Ningbo spark again ahead of WTA Finals title defence The defeat capped a mixed season for the four-time Grand Slam champion, who has struggled for consistency and last week said she had contemplated retirement and often wondered how long she would continue playing. Pohankova faces American Alycia Parks in the last eight. [...]

Imaan Mazari, Hadi Chattha sentenced to 10 years in prison
October 29, 2026 12:32
Imaan Mazari, Hadi Chattha sentenced to 10 years in prison

An Anti-Terrorism Court (ATC) in Rawalpindi on Thursday sentenced human rights lawyer Imaan Mazari and her husband, Hadi Ali Chattha, to 10 years in prison each in a security breach case, Aaj News reported. ATC Judge Tahir Abbas Supra announced the verdict after the conclusion of the trial and completion of the legal proceedings. The hearing was held at a special court inside Adiala Jail in Rawalpindi due to security concerns. The court also imposed additional sentences of one year and two years on the couple on separate charges of obstructing and assaulting government servants, according to Reuters. The sentences will run concurrently. According to the prosecution, the couple allegedly removed security barriers near Islamabad’s Zero Point on October 25, 2024, during a Test match between Pakistan and England in Rawalpindi. They were also accused of obstructing official duties and assaulting police officers by slapping and punching them. However, Mazari and Chattha have strongly denied the allegations, describing them as fabricated. During a hearing at Adiala Jail on Tuesday, both defendants recorded their statements under Section 342 of the Code of Criminal Procedure (CrPC), following the framing of charges while they were in custody. They said they were submitting their statements in protest. In her statement, Mazari said she was on her way to an Anti-Terrorism Court to represent a client and was in a hurry to reach the hearing. She alleged that police had blocked the road in the name of security arrangements for the visiting cricket team, even though the team had already reached the stadium through an alternative route. Mazari further claimed that police officers acknowledged there was no written order from a magistrate authorising the road closure. She said that when she requested the road be reopened in accordance with citizens’ constitutional right to freedom of movement, a plainclothes police officer threw an iron rod at her, injuring her. She maintained that her husband acted only to protect her. She also submitted a medical report from the Pakistan Institute of Medical Sciences (PIMS) as evidence, alleging that the prosecution deliberately withheld video evidence and failed to produce any independent or private witnesses. Chattha endorsed his wife’s account, saying he had acted in response to the alleged attack on her and solely to protect her. He said the PIMS medical report supported their account. He further alleged that investigative proceedings had unlawfully continued despite the Islamabad High Court suspending his judicial remand. He also claimed that witness statements had been recorded in his absence. The couple maintained that the cases against them were linked to their legal work on enforced disappearances and their provision of pro bono legal assistance in human rights matters. They also alleged that, during the trial inside Adiala Jail, they were kept in a cage-like enclosure and denied access to their lawyers. After hearing arguments from the defence and reviewing the documents presented, Judge Supra announced the sentences. The verdict can be challenged before a higher court. The couple has the legal right to appeal, with the decision expected to be contested before the Islamabad High Court. Mazari’s mother, Shireen Mazari, who served as human rights minister in jailed former prime minister Imran Khan’s cabinet, told Reuters that Mazari and Chattha “were not permitted to defend themselves through their own lawyer, and were not provided with key legal documents.” The public prosecutor did not immediately respond to a Reuters request for comment. Mazari and Chattha have been in custody since their arrest on January 23 in a separate case over social media posts that prosecutors said were anti-state. A sessions court sentenced them each to 17 years the next day under the Prevention of Electronic Crimes Act. Although the Supreme Court suspended those sentences on September 17, police re-arrested them the same day in the security breach case. “We will file a petition against the verdict in the Supreme Court,” Mazari’s mother said. [...]

‘No defence pact discussed in Tehran,’ Khawaja Asif responds to Fazl
October 29, 2026 12:26
‘No defence pact discussed in Tehran,’ Khawaja Asif responds to Fazl

Defence Minister Khawaja Asif on Thursday rejected Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman’s criticism of Pakistan’s role in regional diplomacy, saying Chief of Defence Forces Field Marshal Syed Asim Munir had visited Tehran to facilitate peace, not to negotiate a defence agreement. Speaking in the National Assembly, Asif said no defence agreement was being discussed in Tehran and there had been no reason for the defence minister to attend the meeting. He was responding to remarks made by Fazlur Rehman in the National Assembly a day earlier, when the JUI-F chief questioned the defence minister’s absence while, he claimed, a defence agreement was being discussed in Tehran. Asif said political parties should acknowledge Pakistan’s role in promoting regional peace and stability, regardless of their political differences. He particularly praised the efforts of Chief of Army Staff Munir, saying they had helped avert a confrontation. The defence minister said he had been present when two defence agreements were signed: one involving Pakistan, Turkiye and Saudi Arabia, and another involving Pakistan, Turkiye, Qatar and Indonesia. He said neither agreement was under discussion at the Tehran meeting. Calling for unity during what he described as testing times, Asif said there were issues on which national unity should be unconditional. He also criticised Maulana Fazl’s political record, questioning his contribution to the Kashmir cause during his decade as chairman of the Kashmir Committee. Referring to the imposition of emergency in Khyber Pakhtunkhwa, Asif alleged that the JUI-F chief would not have made his remarks had his party been given a share in the provincial government. Other proceedings Railways Minister Hanif Abbasi said Pakistan’s international standing had improved because of its role in regional peace and stability. He also paid tribute to security personnel who had sacrificed their lives for the country. PPP Chairman Bilawal Bhutto Zardari called on the opposition to play its part in strengthening parliament. He urged the opposition to join the Electoral Reforms Committee to address allegations of election rigging and asked the leader of the opposition to submit the names of its representatives. Responding to a calling-attention notice, Parliamentary Secretary for Education Rabia Naseem Farooqi said the government was working to expand educational and employment opportunities for young people. She said a national digital youth hub had been established to help young people explore available opportunities. The Anti-Dumping Duties Amendment Bill, 2026, was also introduced in the House by Minister for Parliamentary Affairs Tariq Fazal Chaudhary. The National Assembly will meet again on Friday at 11am. [...]

US First Lady praised for Oleshky relief truce as Moscow strikes Ukrainian commuters
October 29, 2026 12:26
US First Lady praised for Oleshky relief truce as Moscow strikes Ukrainian commuters

Russia and Ukraine both praised US first lady Melania Trump on Thursday for helping to broker a truce around the acutely deprived Russian-held Ukrainian town of Oleshky, as efforts began to bring in food and medicines and enable hundreds to leave. Yet any sense of wider relief in a war that began with a Russian invasion almost five years ago was rapidly dispelled by a drone strike that killed 13 people crowding onto a commuter train at the main station in the Ukrainian city of Dnipro, according to local officials, where no ceasefire was in place. The Oleshky operation aims to address a growing crisis in a town marooned inside a war zone since 2022 - but is also part of a diplomatic dance where both sides want to show US President Donald Trump that they back his peace efforts, albeit for different reasons. Yana Lantratova, Russia’s human rights commissioner, said she was taking four journalists from the conservative US outlet Newsmax to the area as her Ukrainian counterpart, Dmytro Lubinets, also headed for Oleshky. Melania Trump secures Oleshky ceasefire between Russia, Ukraine, White House says Putin says Moscow is making peace efforts President Vladimir Putin told a summit in Moscow that relief supplies would begin reaching civilians on Thursday and Friday, “with the support, incidentally, of the First Lady of the United States.” Lubinets, for his part, extended Kyiv’s “special thanks” to someone who was “personally devoting her time and attention to the humanitarian mission and assistance to civilians in Oleshky.” Trump has cast Ukrainian President Volodymyr Zelenskiy as an obstacle to peace while praising Putin, who emphasised on Thursday that Russia was “working on issues relating to a possible peaceful resolution of the Ukrainian crisis itself.” Although Russia, like Ukraine, denies targeting civilians, strikes on trains and other civilian infrastructure have become increasingly common as Ukraine’s stocks of air defence missiles have dwindled. Civilian deaths have also increased inside Russia. On Thursday, the state rail company, Ukrzaliznytsia, said a jet-powered drone had hit a platform in the Ukrainian industrial hub of Dnipro, where a commuter train was preparing to depart for nearby Zaporiz obstruction and hzhia. Although US-mediated peace talks are due to resume next month in Abu Dhabi after a long pause, the two sides are far apart when it comes to terms for ending the war. Russia, Ukraine begin localised ceasefire to allow for humanitarian operation in Oleshky But both recognise the power of Trump, who has another two years in power left regardless of the outcome of US midterm legislative elections next month, to affect the course of the conflict. Russia still hopes that Trump can pressure Kyiv into agreeing to a deal that meets many of its conditions - such as full Russian control of Ukraine’s Donbas region and a bar on Ukraine joining the transatlantic defence alliance, NATO. Kyiv, meanwhile, wants to ensure that US intelligence sharing continues along with full access to Elon Musk’s recently disrupted battlefield communications system, Starshield, and that European-bought US military hardware, including Patriot interceptor missiles, continues to flow. Kherson ceasefire due to continue until Sunday The truce applies only to Oleshky and the wider Kherson region, which has suffered years of near-daily drone and artillery attacks. Some 1,500 of the prewar population of 24,000 people are believed to live among the ruins, under regular shellfire amid severe shortages of food and medicine. Ukraine has long accused Russia of refusing to let aid in or people out. Russia says it is Ukrainian mines on the approach roads and Ukrainian shelling that have prevented the delivery of aid or the safe evacuation of residents. By the middle of Thursday, neither Ukraine nor Russia had reported any violations of the ceasefire, which was due to last until Sunday. “Demining is under way there, and we hope that today or tomorrow residents will be able to receive humanitarian aid safely and without obstruction, and that those wishing to leave will be able to do so,” Kremlin spokesman Dmitry Peskov was cited as saying by the Interfax news agency. Residents wishing to leave and return to territory controlled by the Ukrainian government are expected to exit via Russia-controlled Crimea before crossing into southern Russia and being flown to Belarus from where they will be able to cross the border into Ukraine. [...]

Microsoft to raise $25 billion in US bond sale, reports
October 29, 2026 12:18
Microsoft to raise $25 billion in US bond sale, reports

Microsoft is planning to raise at least $25 billion through its first US investment-grade bond sale in more than nine years, Bloomberg News reported on Thursday, citing people familiar with the matter. The bond sale would make Microsoft the latest tech giant to tap debt markets to fund its AI spending spree. Microsoft is selling the debt in as many as 10 tranches, with maturities ranging from two to 40 years, Bloomberg reported, adding that no final decision has been made on the offering’s size and that it may change according to demand. Microsoft is offering buyouts to around 60,000 employees, Business Insider reports Microsoft did not immediately respond to a Reuters request for comment. Wells Fargo, JPMorgan Chase and UBS Group AG are managing the bond offering, Bloomberg reported. [...]

Jake Paul to return in Dubai after year-long absence following broken jaw
October 29, 2026 12:15
Jake Paul to return in Dubai after year-long absence following broken jaw

YouTuber-turned-boxer Jake Paul will return to the ring on December 24 in Dubai just over a year after suffering a broken jaw in his knockout loss to Anthony Joshua, he said on Thursday. American Paul, 29, will headline the Christmas Eve card, with his opponent yet to be announced. The bout will be Paul’s first since his sixth-round knockout loss to former heavyweight champion Joshua in Miami on December 19 last year when his jaw was fractured in two places, injuries that required multiple surgeries in December and February. “I have spent years proving people wrong, taking risks and pushing myself against opponents nobody thought I would face,” Paul said in a statement. “Nothing that’s happened has changed my belief in myself or what I’m working toward. I am hungrier than ever and on December 24 I’m returning to the ring in Dubai to start the next chapter of my journey. “We’ve got plenty of names on the list; let’s see who signs the contract,” he added. Paul has a 12-2 professional record, with his only defeats coming against Britain’s Tommy Fury and Joshua. [...]

NEVO Hunter: the world’s first REEV 4x4 Truck - now made in Pakistan
October 29, 2026 11:57
NEVO Hunter: the world’s first REEV 4x4 Truck - now made in Pakistan

The Nevo Hunter, Pakistan’s first locally assembled REEV 4x4 truck, has officially entered its delivery phase following a line-off ceremony at Master Changan Motors Limited (MCML) in Karachi on 27 October 2026. In a major manufacturing milestone, MCML moved from equipment installation to production rollout in under 90 days, establishing a dedicated body-on-frame REEV assembly line and strengthening its commitment to bringing advanced new-energy technology to more vehicle segments in Pakistan. The first vehicle launched under NEVO in Pakistan, the Hunter brings Changan’s vision of mass electrification to the truck segment. Unveiled at The Next Leap earlier this month, NEVO is a key brand within Changan’s House of Brands, focused on making intelligent, accessible and future-ready new-energy vehicles available to a wider audience. The NEVO Hunter isn’t here to join the truck category; it’s here to redefine it. Designed for people who admire a truck’s freedom, presence and capability but reject the traditional compromises, it delivers what the market has long lacked: a comfortable yet capable 4x4, powered by REEV technology. Where buyers have often had to choose between the comfort of an SUV, the ruggedness of a conventional truck or the high cost of an electrified alternative, Hunter brings these needs together in one intelligent package. Built on Changan’s dedicated global NEV truck platform, the Hunter’s dual-motor powertrain delivers 322 hp and 529 Nm of torque, accelerating from 0–100 km/h in just 7.9 seconds. Its REEV technology combines electric driving experience with range confidence of going beyond charging infrastructure, while multi-link independent rear suspension and a quiet 63 dB cabin deliver a smoother, more comfortable drive. Panoramic dual screens, ventilated seats and advanced safety technology further elevate the experience. Its 31.18 kWh lithium iron phosphate battery features an IP68 waterproof rating and fivelayer protection, with DC fast charging from 30% to 80% in approximately 30 minutes. Beyond driving, the Hunter’s 3.3 kW Vehicle-to-Load (V2L) system turns it into a mobile power source for adventures, worksites and emergencies. With up to 227 kWh of energy available under full-fuel and full battery conditions, it can power a 1,000W setup for more than nine days. Built on a high-strength body-on-frame ladder chassis with intelligent 4x4, the Hunter offers a payload capacity of 1,010 kg and towing capacity of 2.5 tonnes. Electronic stability control, traction control, hill start assist and hill-descent control further enhance confidence across challenging terrain. Launched at an introductory price of PKR 10,990,000, the Hunter opens the door for C-SUV customers to step into the truck lifestyle without giving up everyday comfort. Customer response has been exceptional, with the vehicle fully booked until February 2027. Deliveries are now underway, fulfilling MCML’s commitment to bring the Hunter to customers on time. Commenting on the milestone, Mr. Danial Malik, CEO of Master Changan Motors Limited, said: “The NEVO Hunter redefines the truck segment with the comfort, capability and range confidence customers had been asking for. With local production and deliveries underway, a new era of electrified trucking lifestyle in Pakistan is now beginning.” The NEVO Hunter is available through Changan’s nationwide sales and aftersales network, supported by dedicated EV service capabilities. [...]

Gold prices remain unchanged in Pakistan
October 29, 2026 11:36
Gold prices remain unchanged in Pakistan

Gold prices in Pakistan remained unchanged on Thursday in line with trend in the international market. In the local market, gold price per tola saw no change at Rs425,636 during the day. Similarly, 10-gram gold was sold at Rs364,914 with no change in its price, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Wednesday, gold price per tola reached Rs425,636 after a gain of Rs3,500 during the day. The international rate of gold remained the same at $4,031 per ounce. Meanwhile, the price of silver decreased by Rs86 to reach Rs5,768 per tola. [...]

Copper slips on concerns over AI demand, high US inventories
October 29, 2026 11:27
Copper slips on concerns over AI demand, high US inventories

LONDON: Copper prices eased on Thursday after touching a two-week high in the previous session as investors stayed on the sidelines, wary about demand from the AI sector and high US inventories. Three-month copper on the London Metal Exchange was down 0.9% at $14,352 a metric ton by 1040 GMT, after hitting its highest since October 14 on Wednesday. “Sentiment has turned relatively more cautious rather than outright bearish,” JP Morgan analyst Patrick Jones said in a note. One of the drivers that sent copper to a record peak of $14,875 in September was bullishness that the frenzy to build AI data centres would boost copper demand. Zinc hits highest in nearly a month on supply fears Shares in Google parent Alphabet tumbled in after-hours trading on Wednesday after reporting a massive acceleration in cash burn as it poured resources into building out AI. Another catalyst for gains in copper, widely used in construction and power, has been huge flows of metal to the US in anticipation that tariffs would be imposed, creating shortages elsewhere. Inventories in warehouses linked to the US Comex exchange have surged 60% so far this year to 800,321 short tons or 726,039 metric tons. “They (investors) see the main downside risk as US tariff inaction reducing the US import pull and gradually giving pricing power back to Chinese consumers,” Jones said. The most-traded copper contract on the Shanghai Futures Exchange slipped 0.4% to close at 109,380 yuan ($16,408.64) a ton. Supply remained tight in China, reflected in surging copper premiums. The Yangshan copper premium, a gauge of Chinese consumers’ appetite for imported units, surged to $205 a ton on Wednesday, its highest in more than a decade. LME zinc extended gains on supply fears, rising 0.8% to $3,893 a ton, its highest in more than a month. Among other metals, LME aluminium fell 0.2% to $3,066 a ton and tin shed 1% to $50,195, while lead rose 0.5% to $1,908 and nickel was little changed at $15,600. [...]

Asia rice: Indian rice prices firm, Vietnam rates climb to near two-year highs
October 29, 2026 11:24
Asia rice: Indian rice prices firm, Vietnam rates climb to near two-year highs

Indian rice export prices remained steady this week near their highest level in more than a year, while Vietnam prices climbed to their highest since January 2025 on concerns that supply disruptions could leave exporters struggling to meet new demand. Vietnam’s 5% broken rice was offered at $470-$480 per metric ton on Thursday, up from $440-$450 a week ago. “Domestic supplies are thin,” a trader based in Ho Chi Minh City said. The autumn-winter harvest won’t begin until the end of November, with output forecast to be only half of that of the summer-autumn harvest, traders said. Traders said the El Nino phenomenon will likely affect rice production from next year. “I think prices will rise further from next month when the Philippines is expected to resume rice purchases from Vietnam,” the first trader said. India’s 5% broken parboiled variety was quoted at $387-$392 per ton this week, unchanged from last week. Indian 5% broken white rice was priced at $389 to $394 per ton. New-season paddy arrivals have begun to increase in northern states, with supplies expected to rise in central and southern states from next month, said a Kolkata-based exporter. Thailand’s 5% broken rice was quoted at $480 per ton this week, unchanged from last week. Prices held firm largely due to the exchange rate and strong domestic prices, traders said. There has been some demand for Thai rice from the Philippines and other regular buyers but other markets like Africa have opted for the cheaper variety from India, a Bangkok-based trader said. Flooding in some regions has also raised uncertainty over supply as harvesting is currently underway, another trader said. Domestic rice prices remained elevated in Bangladesh despite ample stocks, while rising oil prices increased production and transportation costs, adding to the burden on consumers. [...]

Rupee extends gain against US dollar
October 29, 2026 11:21
Rupee extends gain against US dollar

The Pakistani rupee continued its marginal gain against the US dollar in the inter-bank market on Thursday. The local unit closed the day at 276.76, a gain of Re0.01 against the greenback. On Wednesday, the rupee had closed at 276.77 against the dollar. Globally, the US dollar steadied on Thursday after the Federal Reserve held interest rates as expected while hinting that upcoming inflation data would influence future policy moves, leaving investors uncertain ​about the rates outlook. The Fed opted to delay any changes to borrowing costs until after next week’s midterm election in a 10-2 decision, ‌which came with an upgraded assessment of an economy that the central bank now says is growing at a “strong pace.” The euro ​eased 0.15% to $1.1134 in early Asian hours after the common currency firmed 0.3% in the previous session following the Fed decision. Against the Japanese ​yen, the dollar was up 0.14% at 158.045 yen. The greenback had held near two-week highs ahead of the announcement but turned lower ⁠after Warsh’s press conference offered no clear steer on a December move. Traders are pricing in a 78% chance of a hike in December, the FedWatch tool showed. The dollar index, which measures the greenback against a basket of six currencies, was at 102.26. Oil prices, a key indicator of currency parity, fell on Thursday, paring gains made a day earlier, as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict. Brent crude futures declined $1.22, or 1.1%, to $114.10 a barrel at 0351 GMT. US West Texas Intermediate (WTI) crude futures were down $1.33, or 1.3%, at $101.45. [...]

ECB President Lagarde resigns at time of mounting challenges for Europe
October 29, 2026 11:09
ECB President Lagarde resigns at time of mounting challenges for Europe

FRANKFURT: European Central Bank President Christine Lagarde announced her resignation on Thursday, ending months of speculation about her future just as Europe enters a period of rising economic volatility and divisive electoral politics. Lagarde will step down on February 7, giving current European Union leaders time to pick a successor well before a French presidential election that polls show far-right candidate Marine Le Pen is favoured to win. The move comes as the ECB battles inflation risks from an Iran-driven oil shock while a sharp rise in bond yields, especially in France, threatens to dampen growth. “I leave this institution with a sense of good work done and an ECB that is fit for the future,” Lagarde said in a short video shared on social media. A source with direct knowledge of the matter said Lagarde had resigned so she could weigh in on political matters in her native France and globally. As ECB president, she was expected to remain neutral to safeguard the institution’s independence. European Council President Antonio Costa said in a statement the process to find a successor for Lagarde would begin immediately. The former central bank governors of the Netherlands and Spain, Klaas Knot and Pablo Hernandez de Cos, are widely seen as frontrunners. WEF could appoint Lagarde as early as November, sources say “The rumoured successors are both very competent, well established central bankers, so for markets, it won’t matter too much,” Piet Haines Christiansen, an economist at Danske Bank, said. Financial markets did not move much after the announcement, with some analysts noting the ECB had by now built a reputation that outlived any of its leaders. “The ECB is now quite well established, the market is familiar with the way it operates,” Goldman Sachs’ head of Fixed Income Macro Investing Simon Dangoor said. “Our view is that institutional behaviour is likely to outlast Lagarde, and be quite similar, whoever takes over.” Lagarde’s term was scheduled to run until the end of October 2027 but speculation about an early departure had been mounting for months, with the World Economic Forum seen as a likely destination. Rate hikes and bond turmoil The ECB is in the middle of a rate-hiking cycle aimed at preventing an oil-price shock linked to the Iran war from feeding into other prices and wages. But it must also contend with a surge in government bond yields — especially in debt-laden France — that has pushed up borrowing costs for households and businesses and which Lagarde has said will curb growth and inflation. Caught between persistent inflation fuelled by a renewed surge in energy costs and deteriorating financing conditions, the ECB is widely expected to keep its deposit rate at 2.5% on Thursday while signalling that another increase, potentially as soon as December, remains likely. ECB’s Lagarde says solution to French debt woes is at home “There is likely a low bar to another hike in December, given the likelihood of another upward revision of the ECB’s inflation forecast due to higher energy prices,” Oliver Rakau at Oxford Economics said. The ECB is due to announce its interest rate decision at 1315 GMT on Thursday, followed by Lagarde’s regular press conference at 1345 GMT. Money markets are currently pricing another three rate increases from the ECB by the end of next year, which would take the deposit rate to 3.25%, a level that is widely seen as restricting economic growth. French turmoil in focus but no action The more immediate challenge for policymakers may be turmoil in bond markets. A global rise in yields, fuelled by stronger growth expectations, higher debt issuance and massive investment linked to artificial intelligence, is pushing up borrowing costs for governments, households and businesses alike. In France, investors have become increasingly uneasy about the country’s growing debt burden and uncertain fiscal outlook following this year’s elections. Concerns have been amplified by suggestions from parts of the political left that debt held by the ECB could be written off. The result has been a sharp increase in French borrowing costs. France is now paying some of the highest yields in a quarter-century to raise money on bond markets, while the premium investors demand to hold French debt over benchmark German bonds is larger than for any other euro zone country. That has fuelled speculation that the ECB might be forced to respond, if only verbally for now. “They’ve typically come up with a new tool that’s customised for that specific set of circumstances,” said Dangoor at Goldman Sachs. The ECB’s first line of defence would probably be flexible reinvestment of proceeds from bonds acquired during its vast asset-purchase programmes of the previous decade. Beyond that, it could activate its never-used Transmission Protection Instrument, a scheme designed to counter what policymakers deem unjustified market pressure. [...]

Mumbai Indians part ways with Malinga, Mhambrey, Hopkinson in support staff overhaul
October 29, 2026 11:02
Mumbai Indians part ways with Malinga, Mhambrey, Hopkinson in support staff overhaul

Mumbai Indians announced on Thursday the departure of long-serving Lasith Malinga plus Paras Mhambrey and Carl Hopkinson from their coaching roles, as the five-times Indian Premier League champions continue an overhaul of their backroom staff. The changes come nearly two weeks after the franchise replaced head coach Mahela Jayawardene with former captain Kieron Pollard following a disappointing 2026 campaign. They are rebuilding after coming ninth last season, missing the IPL playoffs for the fourth time in the last six editions. “Mumbai Indians extend their heartfelt gratitude to Lasith, Paras and Carl for their contributions to the team and the wider MI family,” the franchise said in a statement. Mumbai Indians promote Pollard to head coach, replacing Jayawardene “Their commitment, the relationships they have built and the memories they have helped create will always be part of our journey.” One of the greatest players in the franchise’s history, Malinga took 170 wickets in 122 appearances for Mumbai between 2009 and 2019, helping them win four IPL titles. He was also part of their Champions League T20-winning side in 2011. The former Sri Lanka fast bowler later returned to the franchise in coaching and mentoring roles, extending an association that lasted well over a decade. [...]

India's IndiGo narrows quarterly loss on pricing actions
October 29, 2026 10:47
India's IndiGo narrows quarterly loss on pricing actions

IndiGo parent InterGlobe Aviation on Thursday posted a smaller second-quarter loss as India’s top airline undertook pricing actions to offset rising fuel costs. The company reported a loss of 20.55 billion rupees ($215.73 million) in the quarter ended September 30, CEO Willie Walsh’s first after he took over as the company’s head in August this year, from a loss of 26.14 billion rupees in the year-ago period. Indian airlines have been leaning on tighter cost controls and pricing actions to offset elevated fuel expenses in an otherwise seasonally softer travel period. Travel demand typically moderates in the quarter, situated after the peak summer season and before the onset of festive travel. Revenue jumped about 26% to 233.64 billion rupees while expenses rose 19.2% to 263.57 billion rupees. Costs related to aircraft fuel accounted for about 37.8% of the total expenses. In October, the company said it would increase its fuel charges on domestic and international routes, following a similar increase in April. This is expected to ease pressure on margins. Dubai limits foreign flights until May 31, letters show, hitting Indian airlines hardest Indigo had also said earlier it would evaluate whether to hedge fuel prices following the sharp increase in jet fuel costs, although the carrier is yet to announce a formal hedging programme. [...]

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Pope Leo XIV's cancer battle takes troubling turn
October 29, 2026 12:10
Pope Leo XIV's cancer battle takes troubling turn

Pope Leo XIV's cancer battle takes troubling turnPope Leo XIV’s recent cancer diagnosis has sparked major concern, as reports of his diagnosis are devastating.For those unaware, the head of the Catholic Church was diagnosed with lung cancer when he underwent lung surgery to remove the lower lobe... [...]

Spain train crash: 3 days of mourning declared after disaster kills nearly 70
October 29, 2026 12:05
Spain train crash: 3 days of mourning declared after disaster kills nearly 70

Spain train crash: 3 days of mourning declared after disaster kills nearly 70Spain has entered a three-day mourning period, with flags lowered to half-mast after the deadly train crash that took nearly 70 lives.The disaster has profoundly shaken public confidence in Spain's high-speed rail network... [...]

Italy backs swift EU approval of Tesla Assisted Driving
October 29, 2026 11:31
Italy backs swift EU approval of Tesla Assisted Driving

Italy backs swift EU approval of Tesla Assisted Driving Italy has supported Elon Musk’s owned Tesla’s assisted driving in push for faster EU approval to boost innovation and road safety. The announcement comes from Italy’s Deputy Prime Minister and Infrastructure and Transport Minister... [...]

Who is Flavio Bolsonaro? Inside the defeated candidate's claim to Brazil's leadership
October 29, 2026 11:10
Who is Flavio Bolsonaro? Inside the defeated candidate's claim to Brazil's leadership

Who is Flavio Bolsonaro? Inside the defeated candidate's claim to Brazil's leadershipFollowing his defeat in Brazil's presidential runoff election against incumbent Luiz Inácio Lula da Silva, Senator Flávio Bolsonaro traveled to the United States and publicly declared himself the... [...]

Canada-EU Summit: Carney seeks closer ties as EU drops membership offer
October 29, 2026 11:05
Canada-EU Summit: Carney seeks closer ties as EU drops membership offer

Canada-EU Summit: Carney seeks closer ties as EU drops membership offerPrime Minister Carney and European Commission President Ursula von der Leyen are attending a two-day Canada-EU summit in Montreal.Carney has been pivoting Canada closer to Europe due to an ongoing trade war with the United... [...]

North Korea fires 'dozens' of missiles days after snubbing South Korea's border talks
October 29, 2026 7:00
North Korea fires 'dozens' of missiles days after snubbing South Korea's border talks

North Korea fires ‘dozens’ of missiles days after snubbing South Korea’s border talks North-South Korea tensions have escalated as Pyongyang launches dozens of ballistic missiles in the East Sea after rejecting border talks with Seoul. According to South Korea’s Joint Chiefs of Staff, the... [...]

Russia-Ukraine peace talks: Kremlin reveals what could affect November round
October 29, 2026 6:27
Russia-Ukraine peace talks: Kremlin reveals what could affect November round

Russia-Ukraine peace talks: Kremlin reveals what could affect November roundThe trilateral talks involving Russia, Ukraine and the US are expected to take place in early November as decided in previous talks between President Vladimir Putin and US envoy Steve Witkoff. But it seems that these talks... [...]

US targets illicit North Korean IT networks and Russian enablers in new treasury sanction
October 28, 2026 7:46
US targets illicit North Korean IT networks and Russian enablers in new treasury sanction

US targets illicit North Korean IT networks and Russian enablers in new treasury sanctionThe United States Department of the Treasury's Office of Foreign Assets Control issued a round of North Korea-related sanctions targeting a covert revenue-generating network. The action focuses on... [...]

Nancy Guthrie case: Expert calls for fresh approach to investigation
October 28, 2026 6:59
Nancy Guthrie case: Expert calls for fresh approach to investigation

Nancy Guthrie case: Expert calls for fresh approach to investigationAs Nancy Guthrie has been missing for months, fears have been raised by some observers that the investigation into her disappearance has gone cold.In line with this, NewsNation reporter Brian Entin posed a question to Aaron... [...]

Patrick Clancy's lawsuit against medical providers treating Lindsay faces key hearing
October 28, 2026 6:46
Patrick Clancy's lawsuit against medical providers treating Lindsay faces key hearing

Patrick Clancy's lawsuit against medical providers treating Lindsay faces key hearingThe Lindsay Clancy trial, though, ended in a mistrial. But her ex-husband Patrick has filed a separate lawsuit against the medical professionals who treated his former wife.According to him, the doctors, as well... [...]

Cruise passengers stranded in Cambodia after rising fuel prices force voyage to stop
October 28, 2026 6:23
Cruise passengers stranded in Cambodia after rising fuel prices force voyage to stop

Cruise passengers stranded in Cambodia after rising fuel prices force voyage to stopA luxury cruise ship carrying 203 passengers has suspended its round-the-world voyage in Cambodia after soaring fuel prices pushed its operator into financial difficulties.According to The Guardian and the... [...]

Trump scraps Biden-era methane restrictions in push to boost US oil production
October 28, 2026 6:03
Trump scraps Biden-era methane restrictions in push to boost US oil production

Trump scraps Biden-era methane restrictions in push to boost US oil productionUS President Donald Trump has announced plans to scrap Biden-era methane emissions regulations for oil and gas companies, claiming the move will reduce costs and increase domestic energy production.According to The... [...]

Barack Obama rallies behind Jon Ossoff in Georgia Senate race against Mike Collins
October 28, 2026 5:40
Barack Obama rallies behind Jon Ossoff in Georgia Senate race against Mike Collins

Barack Obama rallies behind Jon Ossoff in Georgia Senate race against Mike CollinsFormer US President Barack Obama is heading to Georgia on Wednesday to campaign for Democratic candidates Jon Ossoff and Keisha Lance Bottoms ahead of the 2026 midterm elections.Obama will join Ossoff, the incumbent... [...]

Dolores Huerta, trailblazing activist who fought for farmworkers' rights, dies at 96
October 28, 2026 4:55
Dolores Huerta, trailblazing activist who fought for farmworkers' rights, dies at 96

Dolores Huerta, trailblazing activist who fought for farmworkers' rights, dies at 96Dolores Huerta, the pioneering American labour organiser and civil rights activist who co-founded the United Farm Workers, has died at the age of 96, her family announced on Wednesday.Huerta's family confirmed her... [...]

Trump welcomes Bolsonaro to US after dramatic escape from Brazil following election loss
October 28, 2026 4:30
Trump welcomes Bolsonaro to US after dramatic escape from Brazil following election loss

Trump welcomes Bolsonaro to US after dramatic escape from Brazil following election lossBrazilian senator Flávio Bolsonaro has arrived in Miami after fleeing Brazil following his presidential election defeat to Luiz Inácio Lula da Silva.According to The Guardian, Bolsonaro landed at Miami-Opa... [...]

خواجہ آصف بتائیں مولانا کو حصہ نہ ملنے کی بات ان کی موجودگی میں ہوئی تھی؟ سینیٹر کامران مرتضیٰ
October 29, 2026 12:10
خواجہ آصف بتائیں مولانا کو حصہ نہ ملنے کی بات ان کی موجودگی میں ہوئی تھی؟ سینیٹر کامران مرتضیٰ

سینیٹر کامران مرتضیٰ : فوٹو فیس بک جمعیت علماء اسلام کے سینیٹر کامران مرتضیٰ کا کہنا ہے کہ خواجہ آصف بتائیں، مولانا کو حصہ نہ ملنے... [...]

اگلے وزیراعلیٰ کا تو پتہ نہیں، لیکن سہیل آفریدی وزیراعلیٰ نہیں رہیں گے، شیر افضل مروت
October 29, 2026 12:10
اگلے وزیراعلیٰ کا تو پتہ نہیں، لیکن سہیل آفریدی وزیراعلیٰ نہیں رہیں گے، شیر افضل مروت

رکن قومی اسمبلی شیر افضل مروت نے کہا ہے کہ اگلے وزیراعلیٰ کا تو پتہ نہیں کون ہو گا لیکن سہیل آفریدی وزیراعلیٰ نہیں رہیں گے۔ پشاور... [...]

دہشتگردی کیخلاف مولانا فضل نے کبھی کھل کر اسٹینڈ نہیں لیا ہمیشہ کمپرومائزڈ رہے، خواجہ آصف
October 29, 2026 12:10
دہشتگردی کیخلاف مولانا فضل نے کبھی کھل کر اسٹینڈ نہیں لیا ہمیشہ کمپرومائزڈ رہے، خواجہ آصف

وزیر دفاع خواجہ محمد آصف۔ وزیر دفاع خواجہ محمد آصف نے کہا ہے کہ مولانا فضل الرحمان شہدا سے متعلق جس قسم کی زبان استعمال کرتے ہیں اس... [...]

سندھ حکومت کا ڈگری ہولڈرز کیلئے انٹرن شپ پروگرام شروع کرنے کا اعلان
October 29, 2026 12:10
سندھ حکومت کا ڈگری ہولڈرز کیلئے انٹرن شپ پروگرام شروع کرنے کا اعلان

سندھ حکومت نے ڈگری ہولڈرز کے لیے انٹرن شپ پروگرام نومبر سے شروع کرنے کا اعلان کردیا۔ وزیر اطلاعات سندھ شرجیل انعام میمن کا کہنا تھا... [...]

لیوی کو اکٹھا کرکے خزانے میں جمع کرادینا ہماری ذمہ داری ہے: علی پرویز ملک
October 29, 2026 11:10
لیوی کو اکٹھا کرکے خزانے میں جمع کرادینا ہماری ذمہ داری ہے: علی پرویز ملک

فوٹو: فائلوزیر پیٹرولیم علی پرویز ملک نے کہا ہے کہ لیوی کو اکٹھا کرکے حکومت کے خزانے میں جمع کرادینا ہماری ذمہ داری ہے۔وزیر پیٹرولیم ... [...]

جج نے 13 سال کی سزا دی، لگتا ہے دونوں بڑے دہشتگرد ہیں، شیریں مزاری
October 29, 2026 11:10
جج نے 13 سال کی سزا دی، لگتا ہے دونوں بڑے دہشتگرد ہیں، شیریں مزاری

فوٹو: فائلشیری مزاری نے بیٹی ایمان مزاری اور داماد ہادی علی کو سزا سنائے جانے کے عدالتی فیصلے پر تبصرہ کرتے ہوئے کہا ہے کہ جج نے 13 سال... [...]

پاکستان اور چین کے درمیان زرعی مصنوعات کیلئے گرین چینل فعال کرنے کے معاہدے پر دستخط
October 29, 2026 11:10
پاکستان اور چین کے درمیان زرعی مصنوعات کیلئے گرین چینل فعال کرنے کے معاہدے پر دستخط

فوٹو: پی آئی ڈیپاکستان اور چین کے درمیان زرعی مصنوعات کیلئے گرین چینل فعال کرنے کے معاہدے پر دستخط ہوگئے۔ ایف بی آر ہیڈکوارٹرز میں... [...]

بلاول بھٹو کا پیغام لیکر اپوزیشن لیڈر کے پاس گئے، راجہ پرویز اشرف
October 29, 2026 11:10
بلاول بھٹو کا پیغام لیکر اپوزیشن لیڈر کے پاس گئے، راجہ پرویز اشرف

رہنما پیپلز پارٹی راجہ پرویز اشرف۔فوٹو: فائلپیپلز پارٹی کے رہنما راجہ پرویز اشرف نے کہا ہے کہ بلاول بھٹو کا پیغام لے کر اپوزیشن... [...]

جے یو آئی والے گورنر راج سے پہلے کہتے تھے ہماری ان سے جان چھڑوائیں، محسن نقوی
October 29, 2026 11:10
جے یو آئی والے گورنر راج سے پہلے کہتے تھے ہماری ان سے جان چھڑوائیں، محسن نقوی

فوٹو: قومی اسمبلی وفاقی وزیر داخلہ محسن نقوی نے سینیٹ میں مولانا فضل الرحمان کو جواب دیتے ہوئے کہا کہ کل مولانا فضل الرحمان نے غلط... [...]

تھرپارکر ایمبولینس حادثہ: وزیراعلیٰ سندھ کا ورثاء کو 20 لاکھ روپے معاوضہ دینے کا اعلان
October 29, 2026 10:10
تھرپارکر ایمبولینس حادثہ: وزیراعلیٰ سندھ کا ورثاء کو 20 لاکھ روپے معاوضہ دینے کا اعلان

وزیرِ اعلیٰ سندھ مراد علی شاہ—فائل فوٹووزیرِ اعلیٰ سندھ مراد علی شاہ نے تھرپارکر ایمبولینس حادثے میں جاں بحق 9 افراد کے لواحقین کے... [...]

لاڑکانہ: زرعی زمین کے تنازع پر بیٹے نے ماں کو قتل کر دیا
October 29, 2026 10:10
لاڑکانہ: زرعی زمین کے تنازع پر بیٹے نے ماں کو قتل کر دیا

—فائل فوٹولاڑکانہ میں زرعی زمین کے تنازع پر بیٹے نے مبینہ طور پر فائرنگ کر کے ماں کو قتل کر دیا اور فرار ہو گیا۔پولیس کے مطابق واقعہ... [...]

پاکستان کو مشکلات کا سامنا ہے، وزیرِ داخلہ آئیں، ہاؤس کو بریف کریں: بلاول بھٹو زرداری
October 29, 2026 9:10
پاکستان کو مشکلات کا سامنا ہے، وزیرِ داخلہ آئیں، ہاؤس کو بریف کریں: بلاول بھٹو زرداری

چیئرمین پیپلز پارٹی بلاول بھٹو زرداری—فائل فوٹوچیئرمین پیپلز پارٹی بلاول بھٹو زرداری کا کہنا ہے کہ پاکستان کو مشکلات کا سامنا ہے،... [...]

بیریئر ہٹانے اور کار سرکار میں مداخلت کا کیس، ایمان مزاری و ہادی علی چٹھہ کو 10، 10 سال قید کی سزا
October 29, 2026 8:10
بیریئر ہٹانے اور کار سرکار میں مداخلت کا کیس، ایمان مزاری و ہادی علی چٹھہ کو 10، 10 سال قید کی سزا

بیریئر ہٹانے اور کار سرکار میں مداخلت کے کیس میں ایمان مزاری اور ہادی علی چٹھہ کو 10، 10 سال قید کی سزا سنا دی گئی۔راولپنڈی کی... [...]

لوگ پنجاب میں بہتر زندگی اور بہتر روزگار کیلئے آتے ہیں: مریم نواز
October 29, 2026 8:10
لوگ پنجاب میں بہتر زندگی اور بہتر روزگار کیلئے آتے ہیں: مریم نواز

وزیرِ اعلیٰ پنجاب مریم نواز---اسکرین گریپوزیرِ اعلیٰ پنجاب مریم نواز نے کہا ہے کہ لوگ پنجاب میں بہتر زندگی اور بہتر روزگار کے لیے آتے... [...]

اپر کوہستان اسکینڈل: گرفتار ملزم محمد ریاض کی درخواستِ ضمانت مسترد
October 29, 2026 7:10
اپر کوہستان اسکینڈل: گرفتار ملزم محمد ریاض کی درخواستِ ضمانت مسترد

---فائل فوٹوپشاور کی احتساب عدالت نے اپر کوہستان اسکینڈل میں گرفتار ملزم محمد ریاض کی درخواستِ ضمانت مسترد کرتے ہوئے حکم نامہ جاری کر... [...]

اسرائیلی انتخابات میں بیرونی مداخلت کے الزامات پر تحقیقات کا حکم
October 29, 2026 11:10
اسرائیلی انتخابات میں بیرونی مداخلت کے الزامات پر تحقیقات کا حکم

اسرائیلی الیکشن چیف نوعام سولبرگ۔اسرائیلی انتخابات میں مبینہ بیرونی مداخلت کے الزامات کی تحقیقات کا حکم دے دیا گیا۔ اسرائیلی میڈیا... [...]

کیٹی زکریا کو پیئرز مورگن کوانٹرویو دینا مہنگا پڑ گیا، سوشل میڈیا پر شدید تنقید کا سامنا
October 29, 2026 9:10
کیٹی زکریا کو پیئرز مورگن کوانٹرویو دینا مہنگا پڑ گیا، سوشل میڈیا پر شدید تنقید کا سامنا

امریکی صدر ڈونلڈ ٹرمپ کی سابق ترجمان کیٹی زکریا---فائل فوٹوامریکی صدر ڈونلڈ ٹرمپ کی سابق ترجمان کیٹی زکریا کو برطانوی صحافی پیئرز... [...]

امریکا: چیٹ جی پی ٹی کے طبی مشورے پر عمل کرنے والی سافٹ ویئر انجینئر چل بسی
October 29, 2026 9:10
امریکا: چیٹ جی پی ٹی کے طبی مشورے پر عمل کرنے والی سافٹ ویئر انجینئر چل بسی

— فائل فوٹومصنوعی ذہانت کے مقبول ترین چیٹ بوٹ چیٹ جی پی ٹی کے ادویات کے استعمال سے متعلق مشورے پر عمل کرنے والی خاتون سافٹ ویئر... [...]

آبنائے ہرمز میں بارودی سرنگوں سے ٹکرا کر 3 تیل بردار جہازوں میں آگ لگ گئی: ایرانی پاسدارانِ انقلاب
October 29, 2026 8:10
آبنائے ہرمز میں بارودی سرنگوں سے ٹکرا کر 3 تیل بردار جہازوں میں آگ لگ گئی: ایرانی پاسدارانِ انقلاب

---فائل فوٹو پاسدارانِ انقلاب کی بحریہ نے دعویٰ کیا ہے کہ آبنائے ہرمز سے گزرنے والے 3 تیل بردار جہاز بارودی سرنگوں سے ٹکرا کر آگ کی... [...]

دنیا بھر میں سپر ال نینو سے آئندہ مارچ تک 3 لاکھ 73 ہزار اموات کا خدشہ
October 29, 2026 8:10
دنیا بھر میں سپر ال نینو سے آئندہ مارچ تک 3 لاکھ 73 ہزار اموات کا خدشہ

---فائل فوٹوبحرالکاہل میں طاقت ور شکل اختیار کرنے والے موسمی سسٹم ال نینو کے باعث دنیا بھر میں شدید گرمی، خشک سالی، سیلاب اور طوفانوں... [...]

90 منٹ دورانیے کی ویڈیوز، انسٹاگرام کا یوٹیوب کو بڑا چیلنج
October 29, 2026 7:10
90 منٹ دورانیے کی ویڈیوز، انسٹاگرام کا یوٹیوب کو بڑا چیلنج

— فائل فوٹو میٹا نے معروف سوشل میڈیا پلیٹ فارم انسٹاگرام کے لیے ایک بڑی تبدیلی کی تیاری شروع کر دی۔اس نئی تبدیلی کا مقصد انسٹاگرام... [...]

بھارت: آندھرا پردیش میں سمندری طوفان ارنب سے ہلاکتیں 6 ہو گئیں
October 29, 2026 7:10
بھارت: آندھرا پردیش میں سمندری طوفان ارنب سے ہلاکتیں 6 ہو گئیں

— فوٹو اے پیبھارتی ریاست آندھرا پردیش میں سمندری طوفان ارنب سے ہلاکتوں کی تعداد 6 ہو گئی۔مقامی حکام کے مطابق طوفان کے باعث آندھرا... [...]

آبنائے ہرمز میں بحری جہاز میں آگ لگنے کی اطلاع
October 29, 2026 7:10
آبنائے ہرمز میں بحری جہاز میں آگ لگنے کی اطلاع

آبنائے ہرمز میں عمان کے علاقے خصب سے 9 ناٹیکل میل شمال میں ایک بحری واقعے کی اطلاع موصول ہوئی ہے۔برطانوی میری ٹائم ٹریڈ آپریشنز... [...]

شمالی کوریا نے 10 بیلسٹک میزائل داغ دیے: جنوبی کوریا
October 29, 2026 5:10
شمالی کوریا نے  10 بیلسٹک میزائل داغ دیے: جنوبی کوریا

— فائل فوٹوجاپانی کوسٹ گارڈ کی جانب سے کہا گیا ہے کہ شمالی کوریا نے ممکنہ طور پر بیلسٹک میزائل کا تجربہ کیا ہے۔جاپانی کوسٹ گارڈ کے... [...]

پیٹ ہیگسیتھ نے پینٹاگون کے چیف پلانر کو برطرف کر دیا
October 29, 2026 5:10
پیٹ ہیگسیتھ نے پینٹاگون کے چیف پلانر کو برطرف کر دیا

امریکی وزیرِ دفاع پیٹ ہیگسیتھ—فائل فوٹوامریکی وزیرِ دفاع پیٹ ہیگسیتھ نے پینٹاگون کے چیف پلانر لیفٹیننٹ جنرل بریٹ سلویا کو عہدے سے... [...]

شہزادہ ہیری میگھن مارکل کے کس فیصلے سے پریشان ہیں؟
October 29, 2026 5:10
شہزادہ ہیری میگھن مارکل کے کس فیصلے سے پریشان ہیں؟

---فائل فوٹو شہزادہ ہیری اور ان کی اہلیہ میگھن مارکل کے درمیان کرسمس کی چھٹیاں گزارنے کے منصوبے پر اختلافات پیدا ہونے کا دعویٰ سامنے... [...]

امریکا: جوہری مرکز کی لیبارٹری میں آگ لگ گئی، ہنگامی حالت کا اعلان
October 29, 2026 5:10
امریکا: جوہری مرکز کی لیبارٹری میں آگ لگ گئی، ہنگامی حالت کا اعلان

— تصویر بشکریہ امریکی میڈیاامریکی کی ریاست ساؤتھ کیرولائنا کے جوہری مرکز میں لیبارٹری کے اندر آگ لگنے کے بعد ہنگامی حالت کا اعلان... [...]

’انسانوں کے کوئی اصول نہیں‘، 14 اے آئی ماڈلز کا انسانوں سے متعلق رائے کا اظہار
October 29, 2026 4:10
’انسانوں کے کوئی اصول نہیں‘، 14 اے آئی ماڈلز کا انسانوں سے متعلق رائے کا اظہار

---فائل فوٹومصنوعی ذہانت کے تجزیاتی ادارے ماڈل کمپیئر نے اپنے 14 ’لارج لینگویج ماڈلز‘ سے انسانوں کے بارے میں ان کی رائے معلوم کی جن... [...]

معاہدہ نہ ہونے پر امریکا و اسرائیل ایران پر بڑے حملوں کی تیاری کر رہے ہیں: امریکی ویب سائٹ کا دعویٰ
October 29, 2026 4:10
معاہدہ نہ ہونے پر امریکا و اسرائیل ایران پر بڑے حملوں کی تیاری کر رہے ہیں: امریکی ویب سائٹ کا دعویٰ

— فائل فوٹوامریکا اور اسرائیل معاہدہ نہ ہونے کی صورت میں ایران پر بڑے حملوں کی تیاری کر رہے ہیں۔امریکی خبر رساں ویب سائٹ ایکسیوس نے... [...]

ٹرمپ کی ایران سے مذاکرات شروع کرنے کیلئے نائب صدر جے ڈی وینس کو حکم دینے کی تردید
October 29, 2026 3:10
ٹرمپ کی ایران سے مذاکرات شروع کرنے کیلئے نائب صدر جے ڈی وینس کو حکم دینے کی تردید

امریکی صدر ڈونلڈ ٹرمپ — فائل فوٹوامریکی صدر ڈونلڈ ٹرمپ نے ایران سے امن مذاکرات شروع کرنے کے لیے نائب صدر جے ڈی وینس کو حکم دینے کی... [...]

ملک میں سونے کی فی تولہ قیمت برقرار
October 29, 2026 12:10
ملک میں سونے کی فی تولہ قیمت برقرار

فوٹو: فائلملک میں سونے کی فی تولہ قیمت میں آج کوئی تبدیلی نہیں ہوئی، دام گزشتہ روز پر ہی برقرار ہیں۔ آل پاکستان جیمز اینڈ جیولرز... [...]

پیٹرول اور ڈیزل مہنگا کردیا گیا
October 28, 2026 5:10
پیٹرول اور ڈیزل مہنگا کردیا گیا

وفاقی حکومت نے نئی پیٹرولیم مصنوعات کی قیمتوں کا اعلان کردیا، نئی قیمتوں کا نوٹیفکیشن بھی جاری کردیا گیا۔نوٹیفکیشن کے مطابق پیٹرول 1... [...]

شرح سود بڑھتے ہی اسٹاک ایکسچینج کے 100 انڈیکس میں اضافہ
October 28, 2026 2:10
شرح سود بڑھتے ہی اسٹاک ایکسچینج کے 100 انڈیکس میں اضافہ

شرح سود میں اضافے کے دوسرے روز بھی پاکستان اسٹاک ایکسچینج کے 100 انڈیکس میں اضافہ ہوا ہے۔ پی ایس ایکس 100 انڈیکس 1 ہزار 269 پوائنٹس اضافے... [...]

سونے کی قیمت میں اضافہ
October 28, 2026 8:10
سونے کی قیمت میں اضافہ

— فائل فوٹوملک بھر کی صرافہ مارکیٹوں میں آج سونے کی قیمت میں اضافہ ہوا ہے۔آل پاکستان جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق ملک میں... [...]

سونے کی فی تولہ قیمت میں آج 1300 روپے کی کمی ہوگئی
October 27, 2026 1:10
سونے کی فی تولہ قیمت میں آج 1300 روپے کی کمی ہوگئی

ملک میں سونے کی فی تولہ قیمت میں آج 1300 روپے کی کمی ہوگئی۔آل پاکستان جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق اس کمی کے بعد ملک میں فی... [...]

پی ایس ایکس: کاروبار کا مثبت دن، 100 انڈیکس میں 1428 پوائنٹس کا اضافہ
October 27, 2026 1:10
پی ایس ایکس: کاروبار کا مثبت دن، 100 انڈیکس میں 1428 پوائنٹس کا اضافہ

فوٹو: فائلپاکستان اسٹاک ایکسچینج میں آج کاروبار کا مثبت دن رہا جہاں 100 انڈیکس میں 1428 پوائنٹس کا اضافہ ہوا۔  پی ایس ایکس بینچ مارک 100... [...]

ایل پی جی کی قیمتوں میں کمی نہ آ سکی
October 27, 2026 3:10
ایل پی جی کی قیمتوں میں  کمی  نہ آ سکی

—فائل فوٹوملک کے مختلف شہروں میں ایل پی جی کی قیمتوں میں کمی نہ آ سکی۔لاہور میں فی کلو ایل پی جی کی قیمت 600 روپے ہو گئی جبکہ کراچی میں... [...]

ایل پی جی کی تقسیم کے 50 فیصد پر 45 کمپنیوں کی اجارہ داری
October 26, 2026 6:10
ایل پی جی کی تقسیم کے 50 فیصد پر 45 کمپنیوں کی اجارہ داری

مقامی ایل پی جی کی تقسیم کے لیے ملک میں 426 لائسنس یافتہ ایل پی جی مارکیٹنگ کمپنیاں ہیں لیکن مقامی پیداوار کے 50 فیصد سے زائد حصے پر صرف... [...]

تین روز سے منفی اختتام کی لہر ٹوٹ گئی، کاروباری حجم کم لیکن انڈیکس میں 663 پوائنٹس کا اضافہ
October 26, 2026 1:10
تین روز سے منفی اختتام کی لہر ٹوٹ گئی، کاروباری حجم کم لیکن انڈیکس میں 663 پوائنٹس کا اضافہ

پاکستان اسٹاک ایکسچینج میں تین روز سے منفی اختتام کی لہر ٹوٹ گئی۔ کاروباری حجم کم رہا لیکن انڈیکس میں 663 پوائنٹس کا اضافہ ہوا۔... [...]

درآمدی ایل پی جی بحالی کے باوجود فی کلو بھاؤ 520 روپے میں بھی فروخت
October 26, 2026 12:10
درآمدی ایل پی جی بحالی کے باوجود فی کلو بھاؤ 520 روپے میں بھی فروخت

درآمدی ایل پی جی بحالی کے باوجود فی کلو بھاؤ 520 روپے میں بھی فروخت ہورہی ہے۔ ایل پی جی مارکیٹرز کے مطابق قیمتیں 48 گھنٹوں میں 500 روپے سے... [...]

اسٹیٹ بینک کا شرحِ سود میں اضافے کا اعلان
October 26, 2026 10:10
اسٹیٹ بینک کا شرحِ سود میں اضافے کا اعلان

—فائل فوٹواسٹیٹ بینک آف پاکستان نے شرحِ سود میں اضافہ کر دیا۔اسٹیٹ بینک نے مانیٹری پالیسی کا اعلان کرتے ہوئے شرحِ سود ساڑھے 11 فیصد... [...]

ملک میں سونے کی قیمتوں میں کمی کے بعد ایک بار پھر اضافہ
October 26, 2026 8:10
ملک میں سونے کی قیمتوں میں کمی کے بعد ایک بار پھر اضافہ

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

عالمی منڈی میں خام تیل کی قیمتوں میں کمی
October 26, 2026 3:10
عالمی منڈی میں خام تیل کی قیمتوں میں کمی

---فائل فوٹوعالمی منڈی میں خام تیل کی قیمتوں میں آج کمی ریکارڈ کی گئی ہے، گزشتہ ہفتے قیمتیں تقریباً 6 ماہ کی بلند ترین سطح کے قریب پہنچ... [...]

کوئٹہ: مقررہ نرخ سے زائد پر آٹا فروخت کرنے پر 7 ڈیلرز گرفتار
October 25, 2026 6:10
کوئٹہ: مقررہ نرخ سے زائد پر آٹا فروخت کرنے پر 7 ڈیلرز گرفتار

—فائل فوٹوکوئٹہ میں مقررہ نرخ سے زائد پر آٹا فروخت کرنے پر 7  آٹا ڈیلرز کو گرفتار کر لیا گیا۔ضلعی انتظامیہ نے بلوچستان کے دارالحکومت ... [...]

ایل پی جی کے بعد آٹا، گوشت، سبزیوں اور دالوں کی قیمتوں میں بھی اضافہ
October 24, 2026 8:10
ایل پی جی کے بعد آٹا، گوشت، سبزیوں اور دالوں کی قیمتوں میں بھی اضافہ

ایل پی جی کی قیمتوں میں اضافے کے بعد ملک میں مہنگائی کا نیا طوفان آگیا، آٹا، گوشت، سبزیاں اور دالیں سب کی قیمتیں بڑھنے لگیں۔ کئی... [...]

Marvell is reportedly close to buying Lumentum. Analysts say they see logic in a potential deal.
October 29, 2026 1:05
Marvell is reportedly close to buying Lumentum. Analysts say they see logic in a potential deal.

Shares in Lumentum Holdings rose 5.5% in premarket trading as investors weighed a potential combination with Marvell Technology. [...]

Consumer spending flattens out after inflation surge
October 29, 2026 1:01
Consumer spending flattens out after inflation surge

Consumer spending rose sharply in September, but it largely reflected households spending more on gas and transportation after an increase in energy costs. [...]

Our church has a $1.5 million bequest earning 3.75% in a bank account. Is inflation eroding it?
October 29, 2026 1:00
Our church has a $1.5 million bequest earning 3.75% in a bank account. Is inflation eroding it?

“Given the size and long-term nature of this gift, we want to make sure the funds are managed prudently.” [...]

We stopped helping our neighbors with free home repairs and our friendship cooled. Who’s to blame?
October 29, 2026 1:00
We stopped helping our neighbors with free home repairs and our friendship cooled. Who’s to blame?

“Last summer, they complained about needing to replace their roof. A few months later, they bought a new SUV.” [...]

DoorDash and Instacart want to join forces. Will the U.S. government get in their way?
October 29, 2026 12:58
DoorDash and Instacart want to join forces. Will the U.S. government get in their way?

The companies say their proposed merger will help smaller grocers compete, but analysts wonder if regulators will conduct an “extended review” of antitrust risks. [...]

‘Fancy cars hold no appeal’: We have a 99% chance of outliving our life savings. Why not spend, spend, spend?
October 29, 2026 12:45
‘Fancy cars hold no appeal’: We have a 99% chance of outliving our life savings. Why not spend, spend, spend?

“I’m 68, she’s 74, and we’re both in good health. We married later in life and have no children.” [...]

Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising.
October 29, 2026 12:36
Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising.

Even though the Federal Reserve temporarily put its inflation fight on hold this week, the cost of living rose sharply again last month in a sign the central bank’s work is far from done. [...]

Economy grows at fastest pace in a year, GDP shows, and shows little sign of slowing
October 29, 2026 12:35
Economy grows at fastest pace in a year, GDP shows, and shows little sign of slowing

The U.S. economy ripped off its fastest rate of growth in a year, amped up by the boom in artificial intelligence and strong spending by wealthier Americans. [...]

Caterpillar’s stock heads for worst day in 7 years — and what that means for the Dow
October 29, 2026 12:25
Caterpillar’s stock heads for worst day in 7 years — and what that means for the Dow

Caterpillar’s data center business is fine, but other areas disappointed and the stock was heading for its biggest loss in years. [...]

Lilly raised sales guidance for third time this year as Zepbound sales soar. Its stock is rallying.
October 29, 2026 12:03
Lilly raised sales guidance for third time this year as Zepbound sales soar. Its stock is rallying.

The drugmaker continues to dominate the market for prescription weight-loss drugs in the U.S. [...]

Lilly raises outlook for third time this year as Zepbound sales soar
October 29, 2026 12:45
GDP comes in stronger than expected as inflation worsens
October 29, 2026 12:39
Economic calendar: GDP, inflation data on tap this morning
October 29, 2026 11:43
ECB President Lagarde to leave post early
October 29, 2026 10:08
The major reason Microsoft’s stock is heading higher after earnings
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Why Alphabet’s stock could see its worst drop in years after the latest results
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I’m planning a European trip. Is it dumb to take travel advice from influencers?
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Fortinet’s stock is taking a dive after earnings. Here’s why.
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Lumentum’s stock pops as investors cheer a possible sale to Marvell
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Jobless claims fall to lowest level since mid-May
July 3, 2025 12:36
Jobless claims stay low in latest week
February 13, 2025 1:33
Consumer credit growth soars in December
February 7, 2025 8:26
U.S. productivity slows down in fourth quarter while unit labor costs accelerate
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Beyond to buy rights to Buy Buy Baby brand and reunite it with Bed Bath & Beyond
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Amazon says it had best-ever Thanksgiving Holiday week with record sales and number of items sold
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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
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