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World Bank proposes export-finance products for Pakistan’s EXIM Bank
October 2, 2026 9:19
World Bank proposes export-finance products for Pakistan’s EXIM Bank

The World Bank has proposed developing export-finance products for the Export-Import Bank of Pakistan (EXIM Bank) to support incremental trade flows, as the government and global lender reviewed measures to boost investment, exports and private-sector growth. The development came during a meeting between Finance Minister Muhammad Aurangzeb and a World Bank delegation led by Bolormaa Amgaabazar, Country Director, to review progress under the ongoing economic reform partnership and discuss implementation priorities across growth, jobs, fiscal management, revenue mobilisation, capital-market development, trade and investment, and institutional reforms, read a statement on Friday. The meeting reviewed the World Bank’s support for Pakistan’s broader economic reform agenda, with particular emphasis on translating reform priorities into targeted, implementable actions and strengthening coordination among relevant ministries, provincial governments and implementing agencies. The finance minister underscored the importance of moving from reform design to effective implementation, with a focus on practical measures capable of delivering measurable improvements in economic activity, investment, jobs and the overall business environment, read the statement. The meeting discussed the proposed World Bank growth and jobs operation, including interventions aimed at improving the investment climate, access to finance, sectoral productivity and labour-market outcomes. The World Bank outlined proposed measures relating to the investment framework, reduction of regulatory and business constraints, and access to finance for SMEs. The discussion also covered reforms to strengthen the Prime Minister’s Access to Finance initiative, including a unified insolvency framework, factoring legislation and regulations to support SME financing, as well as measures to expand commercial financing and greater private-sector participation. On sectoral reforms, the World Bank highlighted proposed interventions in pharmaceuticals and medical products, and agriculture, including improvements in seed registration, deregulation of selected commodities and strengthening of international accreditations to facilitate participation in international procurement and markets. The meeting also reviewed initiatives to strengthen skills development and labour-market alignment, including improvements in the national vocational qualifications framework, greater international recognition of skills and development of formal overseas migration pathways supported by digital platforms. Aurangzeb and the World Bank delegation reviewed implementation of the National Tariff Policy and ongoing analytical support for tariff reforms, including work relating to the automotive sector and future tariff reforms. The discussion emphasized the importance of supporting competitiveness, productivity, investment, exports and Pakistan’s greater integration into global value chains. On fiscal and revenue reforms, the meeting reviewed World Bank technical assistance to strengthen tax-policy capacity, including support for the Medium-Term Revenue Strategy and revenue-policy modelling. Discussions also covered GST harmonisation, including greater alignment of rules, definitions and classifications for services, improved federal-provincial coordination and stronger data-sharing arrangements. The meeting reviewed progress on agricultural income tax reforms, including implementation of amended provincial laws and rules and digital systems for registration, filing and payment. The importance of strengthening compliance and federal-provincial data sharing was also discussed. The discussion further covered provincial property-tax reforms, including efforts to improve and harmonise property-valuation approaches, strengthen digital systems and progressively move towards more market-based valuation frameworks. On domestic capital markets, the meeting discussed World Bank Group support for developing a roadmap for capital-market reforms through the Capital Markets Development Council, aimed at deepening domestic capital markets, broadening financing avenues and strengthening the ecosystem for investment and capital formation. The meeting also reviewed World Bank support for public-sector efficiency and the government’s rightsizing agenda, including technical assistance to strengthen institutional effectiveness and improve the efficiency of public resources. The finance minister highlighted the importance of strengthening debt-management capacity and domestic bond markets. Discussions covered ongoing technical cooperation on financial instruments for managing market risks, domestic bond-market development and strengthening investor-relations capacity. The meeting also discussed the World Bank’s analytical support on Pakistan’s sovereign credit profile and the pathway towards further rating improvements. The World Bank delegation also briefed the finance minister on analytical work on governance and institutional effectiveness, with discussions focused on practical and measurable reforms to strengthen government effectiveness, regulatory quality, transparency, accountability and the overall business environment. [...]

PSX: KSE-100 sheds over 700 points
October 2, 2026 9:05
PSX: KSE-100 sheds over 700 points

The benchmark KSE-100 Index slipped in the first half of Friday’s trading session as investors remained cautious amid reports that the US is sending more troops and carriers to the Middle East. At 12pm, the benchmark index was hovering at 167,933.14, down 703.71 points or 0.42%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs and power generation. Index-heavy stocks, including ARL, HUBCO, PSO, SSGC, HBL, NBP and UBL, traded in the red. Profit-taking and broad-based selling across banks, exploration and production companies, cement and oil marketing companies dragged the PSX sharply lower on Thursday, as elevated crude oil prices and persistent geopolitical uncertainty weakened investor sentiment and erased the market’s early gains above the 170,000-point level. The benchmark KSE-100 Index shed 1,332.47 points, or 0.78%, to close at 168,636.85 points. Internationally, Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening military buildup ​in the Gulf kept oil prices elevated. In Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.5% and was on ​track for a weekly decline of 1.7%. Japan’s Nikkei dropped 0.7% but was set for a gain of 3.1% for the ⁠week. Mainland Chinese markets are closed for a public holiday through Wednesday of next week. Nasdaq futures rose 0.3%, and S&P 500 futures inched up 0.1% after the pullback ​in Treasury yields helped Wall Street stage a late rebound. All eyes are on the US nonfarm payrolls due later in the day. Forecasts are centred on a rise ​of 90,000 jobs in September, while the employment rate is likely to be steady at 4.1%. Much attention will be on hourly earnings after the ISM survey showed a huge jump in prices paid, pointing to more cost pressures. This is an intraday update [...]

Cargo stacks up as Pakistan seizes containers to block capital routes
October 2, 2026 8:57
Cargo stacks up as Pakistan seizes containers to block capital routes

KARACHI/ISLAMABAD: Pakistan’s effort to keep supporters of jailed former prime minister Imran Khan out of ​the capital has led to a pileup of shipping containers in the nation’s main port of Karachi, 1,400 kilometres (870 miles) away. Truckers ‌are refusing to drive north, for fear their vehicles will be seized and the containers used to barricade Islamabad ahead of an Oct 4 march on the city planned by Khan’s Pakistan Tehreek-e-Insaf (PTI) opposition party. “Right now, going toward Punjab is like committing suicide,” said driver Javid ur Rehman, 35, who has halted such journeys, referring to Pakistan’s most populous province. “The police ​seize the vehicles and snatch the containers, and then we are left distressed.” Containers have lined roads for weeks Steel shipping containers, packed with sand ​and welded together, have lined the roads into Islamabad for weeks, in preparations against a march, postponed from Sept ⁠27, to demand Khan’s release from prison. “This is not the way to stop protests,” ​said Rana Mohammad Aslam, president of the Karachi Goods Carrier association. Authorities began stopping vehicles around Sept. 5, weeks before the original date for the march, he said. Pakistan’s home, information, commerce and finance ministries did not respond to requests for comment. Punjab police and the provincial home department also did not respond. The containers are positioned ready for placement at ​key entry points into Islamabad, a capital region larger than the southeast Asian city state of Singapore. Transporters battling rising prices say they cannot afford to ​have trucks seized. Police requisitioned more than 2,000 vehicles in September ahead of the march, they added, many still loaded with cargo and held for days with little or no ‌compensation. Their reluctance ⁠is leaving containers to pile up at Pakistan’s main trade gateway of Karachi. The disruption was affecting routes to Islamabad, the military city of Rawalpindi, and the cities of Jhelum, Peshawar and Attock, Aslam said. Some operators had halted journeys beyond Gujranwala in Punjab, while others took alternative routes. Bills are mounting for transporters The bills are mounting for those whose containers have been seized, as daily demurrage charges on one such container alone can run into 30,000 to 40,000 rupees ($110 to $150), Aslam ​said, adding to losses from missed deliveries ​and idle trucks. Consumer prices rose ⁠10.26% in September from a year earlier, while the transport price index climbed 27.43%, the Pakistan Bureau of Statistics said on Thursday. Operators are struggling to pay drivers and maintain their fleets, as international shippers still expect payment regardless of ​the reason for the delay, Aslam said. He was holding talks to find a solution, he added, but transporters ​could stage their own ⁠protest if complaints go unanswered. For Pervaiz Khan, 50, the risk was enough to keep a load of chemicals parked in Karachi. “Right now, my vehicle is loaded but I am not going,” said the father of five, adding that he had loaded his cargo of chemicals by night. “We depart from Sindh, and the moment we ⁠enter Punjab, that’s ​when our troubles begin.” Drivers stranded near Islamabad regretted lost days of work or earnings. “If the ​roads open, our children’s livelihood will open up,” said Sagheer Ahmed, 51, who added that his children awaiting him at home relied on his earnings. “If not, we will just keep standing.” [...]

Gold per tola gains Rs2,000 in Pakistan
October 2, 2026 7:37
Gold per tola gains Rs2,000 in Pakistan

Gold prices in Pakistan increased on Friday in line with their gain in the international market. In the local market, gold price per tola reached Rs440,636 after a gain of Rs2,000 during the day. Similarly, 10-gram gold was sold at 377,774 after it increased by Rs1715, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs438,636 after a decline of Rs3,000 during the day. The international rate of gold was up by $20 to reach $4,181 per ounce. Meanwhile, the price of silver increased by Rs50 to reach Rs6,578 per tola. [...]

Australian shares rebound from three-month low, remain on track for weekly loss
October 2, 2026 5:53
Australian shares rebound from three-month low, remain on track for weekly loss

Australian shares rose on Friday, recovering from a more than three-month low hit in the previous session as banks, energy stocks and easing bond yields lifted the benchmark, although it remained on track for a fifth consecutive weekly decline. The S&P/ASX 200 index was up 0.4% at 8,647.8 points as of 0007 GMT. For the week, as markets contended with a 15-year high cash rate and softer-than-expected yet stubbornly high inflation, the benchmark index was down 0.2%. The benchmark closed 2% lower on Thursday, its lowest level since mid-June, pressured by a spike in bond yields. Australian government bond yields fell in tandem with US Treasuries, with the benchmark 10-year yield easing to 5.36% and the three-year yield to 4.88%. Financials rose as much as 0.6%, but were on track for a fourth consecutive weekly decline if current momentum persists. All “Big Four” banks were up between 0.2% and 0.8%. Energy stocks advanced 1.8%, headed for their best day since mid-September, as oil prices jumped overnight after China halted fuel exports. Sub-index heavyweights Santos and Woodside added 2.2% and 1.5%, respectively. Miners climbed 0.7%, with behemoths BHP, Rio Tinto adding 0.7% and 0.5%, respectively, while gold stocks were up 0.4%. Technology stocks rose as much as 3.8%, notching their highest level since early September. The gauge is set to snap a sixth consecutive weekly loss, up 5.8% so far this week. Consumer staples and discretionary stocks added 1% and 0.4%, respectively. Bucking the broader positive trend, healthcare sub-index slipped 0.5% while real estate stocks shed 0.6%. Across the Tasman Sea, New Zealand’s benchmark S&P/NZX 50 index fell 0.7% to 13,715.99 points. [...]

Australia, New Zealand dollars at multi-month lows as yields buffers shrink
October 2, 2026 5:51
Australia, New Zealand dollars at multi-month lows as yields buffers shrink

SYDNEY: The Australian and New Zealand dollars were pinned around multi-month lows on Friday as the greenback extended its bull run through major chart levels, while bonds found some relief from a rare rally in Treasuries. The Aussie was heading for its fourth straight week of losses as US yields surged and shrank the premium offered by Australian debt to the smallest in a year. That left the Aussie down at $0.6920, having slipped 0.2% overnight to hit a three-month trough of $0.6904. It was down a hefty 1.4% for the week and threatening previous lows at $0.68665 and $0.6834. The currency drew some indirect support from a broad fall in the euro as concerns about French debt saw the single currency skid 0.6% to A$1.1624. The kiwi dollar huddled at an 11-month trough of $0.5592, after a break of $0.5627 triggered another wave of selling. Major support now lies at $0.5581 and a breach would risk a retreat to $0.5485. Australian bonds have fared a bit better than the currency as a pullback in wagers for an October rate hike saw 3-year yields drop 11 basis points on the week to 4.898%. While the Reserve Bank of Australia did raise rates to a 15-year high of 4.6% on Tuesday, investors got the impression policymakers wanted to gauge the impact of its tightening before moving again. A sharp downturn in the housing market has also combined with a steady rise in unemployment to lower the probability of an October hike to 22%, and even a December move is now put at just 38%. “While currently inflation concerns outweigh growth concerns, the RBA Board will need to remain attentive to emerging downside risks over coming months,” said Adam Bowe, head of Australia portfolio management at PIMCO. “With economic cracks emerging, a moderating fiscal impulse, and strong demand for Australian dollar denominated bonds, we view Australian duration as attractive at current levels.” That demand has helped cushion Australian government bonds from the fallout in Treasuries, shrinking the 10-year yield premium to a one-year low of 11 basis points. It is that outperformance that has undermined the Aussie’s interest rate buffer on the greenback. [...]

Japan's Nikkei retreats from 6-week high as investors lock in gains
October 2, 2026 5:49
Japan's Nikkei retreats from 6-week high as investors lock in gains

TOKYO: Japan’s Nikkei 225 retreated from a 6-week high on Friday as investors locked in gains and turned cautious over the outlook for interest rates, inflation, and geopolitical risks. The benchmark Nikkei 225 slid 0.79% to 68,413.03, still on track for a 3% advance on the week. The broader Topix slipped 0.57% to 4,108.53. US stocks ended higher overnight as Treasury yields retreated from multi-decade highs, but the overall tone remained choppy with investors focused on the Federal Reserve’s rate trajectory and inflation risks. In Japan, data showed core inflation in Tokyo accelerated in September at the fastest pace in 10 months, bolstering the case for further rate hikes. Geopolitical tensions also weighed, with the US-Iran war in the Middle East and fresh disruptions to global energy markets after China suspended oil product exports beyond Hong Kong and Macau. After the Nikkei’s 3.3% surge on Thursday, “concerns about short-term overheating are likely to lead to profit-taking,” according to a note by Yuta Okamoto, an analyst at Tokai Tokyo Intelligence Laboratory. Even so, the outlook for domestic shares remains positive, he added, bolstered by the Bank of Japan’s tankan survey released on Thursday showing sentiment among large manufacturers rose for a sixth straight quarter. “It appears that expectations for a rise in Japanese share prices, based on earnings prospects, remain high,” Okamoto wrote. Breadth was negative, with 53 advancers in the Nikkei 225 against 170 decliners and two unchanged. The largest losers were SoftBank Group, down 5.27%, followed by Taiyo Yuden, trading 4.98% lower, and Tokyo Electron, which lost 3.66%. The largest gainers in the index were Furukawa Electric, up 6.25%, followed by Baycurrent, 6.04% higher, and Mitsui Kinzoku, which added 5.40%. [...]

Copper up on supply woes but dollar drives worst week since April
October 2, 2026 5:42
Copper up on supply woes but dollar drives worst week since April

SINGAPORE: Copper recovered from some of the previous days’ losses on Friday, supported by supply concerns, but earlier declines still set it up to notch its worst weekly fall since April. Benchmark three-month copper on the London Metal Exchange was up 0.32% at $14,289 a metric ton by 0300 GMT. That marked a decline of 2.28% since the end of last week. Official data on Wednesday showed that copper output in Chile, the world’s largest miner of the red metal, fell 12.8% year-on-year in August. Supervisors at Chile’s Escondida copper mine, the world’s largest, rejected a collective contract offer, paving the way for a potential strike and adding to supply fears. “This adds to an overall slump in output, as the industry struggles to maintain aging infrastructure amid difficult operating conditions,” Daniel Hynes, senior commodity strategist at ANZ, said in a note. Inventories are thin in China, where stocks in warehouses monitored by the Shanghai Futures Exchange (SHFE) fell to 38,744 tons, their lowest since January 2024, weekly data showed on Wednesday. The SHFE was closed for China’s National Day and will reopen on October 8. Supply concerns were not enough to offset a bad week for copper, as the US dollar hit a 17-month high amid a global bond market rout driven by worries over persistent inflation and high government debt. A stronger dollar makes greenback-denominated commodities like copper more expensive for buyers using other currencies. The bond market’s travails pushed borrowing costs across the globe to multi-decade peaks, threatening to dampen economic sentiment and weigh on the red metal, sometimes called Dr Copper for its use as a gauge of overall economic health. Among LME metals, aluminium dipped 0.18%, zinc added 0.15%, lead was little changed, up only 0.03%, nickel dipped 0.19% and tin lost 0.72%. [...]

Oil treads water as market weighs mixed supply signals
October 2, 2026 5:33
Oil treads water as market weighs mixed supply signals

SINGAPORE: Oil prices were broadly stable on Friday as the market weighed the possibility of renewed US-Iran tensions against signs of recovering Middle Eastern supplies this week. Brent dipped 3 cents, or 0.03%, to $102.28 a barrel at 0350 GMT, after trading slightly higher in early Friday trade. However, the contract was poised for a weekly decline of about 2%, despite closing more than $4 higher on Thursday. Iran says it receives US response to latest proposal as Washington pulls out of Iraq Meanwhile, West Texas Intermediate eased 19 cents, or 0.2%, to $92.68 a barrel. It was headed for a weekly increase of about 0.3%. “The market is taking stock of a distinctly mixed set of signals this week,” said KCM Trade chief analyst Tim Waterer, who noted that after a disruptive Thursday, traders were “simply taking a breather”. “A healthier-looking Saudi export picture is being offset by reports of another US aircraft carrier heading toward the Gulf and by China’s decision to curb refined product exports.” US consumer confidence sinks to lowest level since 2014 Prices settled higher in the previous session after Reuters reported that Chinese refiners suspended oil product exports for October as Beijing looked to preserve domestic stocks. Meanwhile, the Wall Street Journal reported that the US was sending a third aircraft carrier and up to 10,000 more troops to the Middle East as President Donald Trump weighed resuming strikes on Iran after the US midterm elections. “The more immediate concern is the availability and movement of Middle Eastern crude and refined products to the rest of the world,” said Priyanka Sachdeva, head of market insights at Phillip Nova. The $100/barrel-level has now become a psychological and market-positioning threshold, said Sachdeva, adding that the market is “increasingly pricing a world where supply chains remain vulnerable for longer”. Meanwhile, the Trump administration has told Germany and France to draw down emergency diesel inventories to help ease soaring global fuel prices or face a potential US diesel export ban, according to three people close to the discussions. A source told Reuters that the US has asked the EU to release 120 million barrels of diesel over the next six months. EU countries hold nearly 109 million tons of emergency crude and fuel stocks. “US pressure on EU nations to release oil is also adding to that check on prices,” said Mukesh Sahdev, chief oil analyst of XAnalysts. [...]

Amazon seeks to offload $8 billion of Nvidia chips to investors, FT reports
October 2, 2026 5:29
Amazon seeks to offload $8 billion of Nvidia chips to investors, FT reports

Amazon is seeking to offload about $8 billion of advanced Nvidia chips to investors through a new vehicle to strengthen its balance sheet, the Financial Times reported on Friday, citing people familiar with the matter. In recent weeks, Amazon has held talks with investors to gauge interest in the deal that would move thousands of Grace Blackwell chips it is installing in US data centres into a special-purpose vehicle, the report said. The cloud giant will then lease the advanced AI chips back from the SPV, which would tap outside investors through debt issuance, the FT said, adding that the company could adopt a more asset-light approach to its balance sheet by unloading the expensive semiconductors to investors. Amazon plans to offer an equity stake of up to 10% in the vehicle, the newspaper said. Foxconn says third quarter to outperform market expectations on AI strength The chips in the proposed deal were bought or leased by Amazon. They are installed in more than a dozen US data centres across five states, including Nevada and Virginia, the report said. Amazon and Nvidia did not immediately respond to Reuters for comment outside regular business hours. [...]

Hong Kong stocks fall as surging bond yields, higher oil prices weigh
October 2, 2026 5:21
Hong Kong stocks fall as surging bond yields, higher oil prices weigh

HONG KONG: Hong Kong stocks dropped on the first trading day of October, as the 10-year US Treasury yield hitting a more-than-two-decade high and rising oil prices dampened investor appetite for risk assets. Hong Kong benchmark Hang Seng lost 2.6% by midday. Hang Seng China Enterprises Index and Hang Seng Tech both fell more than 2%. By sector, biotech and financial shares led the decline. Global bonds came under heavy selling pressure again on Thursday, sending borrowing costs from the United States to France and Japan to multi-decade highs, putting investors on high alert for further market volatility. Higher rates tighten market liquidity, especially in interest-rate-sensitive markets like Hong Kong. Macau gaming stocks listed in Hong Kong declined broadly with Galaxy Entertainment dropping 6%, as the city’s gaming revenue continued to fall in September. China’s onshore financial markets are closed from October 1 to October 7 for the National Day holidays. Trading will resume next Thursday, October 8. [...]

Palm hits 13-week low, on track for second straight weekly loss
October 2, 2026 5:11
Palm hits 13-week low, on track for second straight weekly loss

JAKARTA: Malaysian palm oil futures were on course for a second straight weekly fall on Friday, with prices declining for a sixth straight session to their lowest in 13 weeks, on weak export data and expectations of high inventory. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was down 26 ringgit, or 0.57%, at 4,528 ringgit a metric ton by the midday break, after hitting its lowest since July 3 earlier in the day. The contract has fallen 3.08% so far this week. “Bursa Malaysia’s crude palm oil futures is under pressure from poor export, improved production and increasing end-stock to over 3 million tons,” a Kuala Lumpur-based trader said, adding that output increased sharply in September. Exports of Malaysian palm oil products for September fell between 17.1% and 28.8% compared to August, according to cargo surveyors Intertek Testing Services and AmSpec Agri Malaysia. Soyoil prices on the Chicago Board of Trade barely changed, up 0.01%. The Dalian Commodity Exchange was closed for a public holiday. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Global vegetable oil prices may rise in the coming months and into 2027 on tighter supply as disrupted Black Sea sunflower-oil shipments coincide with declining South American soyoil exports, leading industry analyst Thomas Mielke told an industry conference. Malaysian palm oil prices are likely to remain between 4,500 and 5,000 ringgit a ton through December, as higher stocks weigh on prices despite expectations of lower production next year due to El Niño, top industry analyst Dorab Mistry said. Indonesia exported 16.13 million tons of crude and refined palm oil in the January to August period, down 0.39% from a year earlier, statistics bureau data showed. Palm oil may test support at 4,478 ringgit per ton, a break below which could open the way towards 4,445 ringgit. [...]

Asian shares fall after wild swings in bonds, FX before US jobs data
October 2, 2026 2:48
Asian shares fall after wild swings in bonds, FX before US jobs data

SYDNEY: Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening military buildup ​in the Gulf kept oil prices elevated. Bond markets were again the centre of volatility overnight, with the benchmark 10-year US Treasury yields ‌hitting the highest since 2002 at 5.34% after capping the biggest quarterly rise in 32 years. They later retreated and were steady at 5.2512% in Asia. Fiscal worries in France pushed the spread between French and German sovereign bond yields above 140 basis points, the widest since 2012, rattling European stocks and hitting the euro hard. The single currency slid as far as $1.1215 , the lowest since May ​2025, and sank against the yen and the Swiss franc. In Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.5% and was on ​track for a weekly decline of 1.7%. Japan’s Nikkei dropped 0.7% but was set for a gain of 3.1% for the ⁠week. Mainland Chinese markets are closed for a public holiday through Wednesday of next week. Nasdaq futures rose 0.3% and S&P 500 futures inched up 0.1% after the pullback ​in Treasury yields helped Wall Street stage a late rebound. All eyes are on the US nonfarm payrolls due later in the day. Forecasts are centred on a rise ​of 90,000 jobs in September, while the employment rate is likely to be steady at 4.1%. Much attention will be on hourly earnings after the ISM survey showed a huge jump in prices paid, pointing to more cost pressures. “With the Fed now myopically focused on inflation and price pressures, a hot wages print could prove particularly influential for US rates, Treasuries and the USD,” ​said Chris Weston, head of research at Pepperstone. “Risk assets have so far absorbed the rise in US real yields, and long-end nominal Treasury yields remarkably well. However, ​a sustained increase in term premium could be far more problematic.” Markets currently price in a 25% probability that the Fed will raise interest rates again in October, down sharply from ‌69% a ⁠week ago after two top policymakers staked out an unusually clear case for taking in more data before deciding what to do next with interest rates. However, a hike in December is still fully priced in. Problems in europe Dovish comments from Fed officials drove a big rally in 2-year Treasuries overnight, with the yield curve bull steepening as short-end yields fell. The 2-year yield was last up 1 basis point (bp) at 4.8039%, after falling 10 bps overnight. The 10-year Treasury yield rose 2 bps to 5.2575%, having dropped ​6 bps overnight to ease from a ​24-year high of 5.3445% as the ⁠brutal sell-off finally tempted some buyers back into the market. The rout in European bonds, with French yields hitting 14-year highs, may have also helped drive safe-haven flows back to US Treasuries, the dollar and the Swiss franc. The US dollar index , which ​gauges the currency against six peers including the euro and franc, was firm at 102.09 on Friday, having rallied 0.6% ​overnight to hit the ⁠highest level since April 2025. It is set for a third straight week of gains, up 1.1%. The euro was much weaker at $1.1235, having slid 0.8% overnight. It also sank against the yen and the franc , down 0.8% and 1%, respectively. The yen traded at 158.13 per dollar after data showed underlying inflation in Japan’s capital accelerated to an annual rate ⁠of 2.7% in ​September, bolstering the case for further interest rate hikes. Oil prices remained firm on Friday after jumping ​overnight, with the US reportedly sending more troops and carriers to the Middle East. China also suspended oil product exports, stoking fears that global fuel shortages could worsen.US West Texas Intermediate crude futures were steady at $92.84 ​a barrel, after finishing nearly 3% higher overnight. The contract for Brent crude futures rolled, but they held above $102 a barrel. [...]

Gold slips before US payrolls data, set for second weekly loss
October 2, 2026 2:44
Gold slips before US payrolls data, set for second weekly loss

Gold prices fell on Friday ​and were on track for a second straight weekly decline, pressured by ‌a firmer US dollar and elevated Treasury yields, while investors awaited key US payrolls data for clues on the Federal Reserve’s policy path. Spot gold fell 0.6% to $4,154.78 per ounce by 0205 GMT ​and was down more than 3% for the week so far. US gold ​futures lost 0.4% to $4,184.00. The US dollar was headed for a weekly ⁠gain, making greenback-priced metals more expensive for holders of other currencies, while yields on ​10- and 30-year Treasuries hit their highest levels since 2002 on Thursday. “Market participants are ​watching US interest rate expectations and geopolitical developments in the Middle East,” said Kyle Rodda, senior financial market analyst. “US nonfarm payroll data will be critical for rate expectations. If it comes ​in hot, it may increase the chances of rate hikes from the Fed. ​That would potentially weigh even further on gold prices.” Two Fed policymakers this week staked out an unusually clear ‌case ⁠for taking in more data before deciding about another rate hike. The September US nonfarm payrolls report is due at 1230 GMT. Data on Wednesday showed US inflation increased less than expected in August and price pressures were more moderate in the prior month ​than previously reported. Oil rises slightly as market weighs mixed supply signals Traders are ​pricing in only ⁠about a 25% chance of a rate hike this month, versus about 70% earlier in the week. They still see a 79% ​chance of a rate increase in December. Higher borrowing costs typically ​diminish gold’s ⁠attractiveness, given that it pays no interest. Elsewhere, Iran is preparing a broader and more forceful response if the United States resumes large-scale military attacks, sources said, while continuing a diplomatic push ⁠that ​Iranian officials privately see as unlikely to succeed. Spot silver ​fell 0.5% to $60.53, platinum slipped 0.4% to $1,716.93 and palladium rose 0.1% to $1,172.80. All three metals were poised ​for weekly losses. [...]

Dollar at 17-month high as global bond rout hits euro
October 2, 2026 2:40
Dollar at 17-month high as global bond rout hits euro

SINGAPORE: The US dollar headed for its third straight week of gains on Friday, perched at a 17-month high as a bond ​market rout pushed borrowing costs across the globe to multi-decade peaks in the face of inflationary fears over higher oil ‌prices. Investors were reeling from a steep global bond sell-off on Thursday that sent yields on benchmark US 10-year Treasuries to 5.344%, their highest since 2002, ahead of a US jobs report that could influence the near-term policy outlook. The 10-year yield was last at 5.249% in early trading on Friday while the rest of the bond market also steadied. The euro was at $1.1237, hugging its ​lowest level since May 2025, dragged by worries around France’s fiscal health. The yen was steady at 158 per US dollar ​after data showed annual core inflation in Tokyo accelerated in September at the fastest pace in 10 months. The dollar index , ⁠which measures the US currency against six rivals, was at 102.08, set for a 1% gain this week, its third consecutive weekly gain, ​a run it last had in May 2025. Charu Chanana, chief investment strategist at Saxo, said investors are confronting the uncomfortable mix of sticky inflation, heavy ​government borrowing and large bond supply. “The fact that long-end yields are pushing higher even as expectations for an immediate Fed hike have eased suggests this is increasingly about the term premium and fiscal risk, not just the next Fed decision,” she said. Data on Wednesday showed US consumer prices rose less than expected in August, along with downward revisions ​to July’s figure, leading traders to rein in wagers of a rate hike from the Federal Reserve later this month. Two of the Fed’s top policymakers ​this week staked out an unusually clear case for taking in more data before deciding about another hike. That has sharpened the focus on the US payroll report ‌due ⁠later in the day, with data likely to show that job growth slowed in September and the unemployment rate is forecast to have been 4.1% for a third straight month. “With the Fed now myopically focused on inflation and price pressures, a hot wages print could prove particularly influential for US rates, Treasuries and the USD,” said Chris Weston, head of research at Pepperstone. Brent crude futures were back above $100 per barrel as traders kept an ​eye on the stalled talks between ​US and Iran to end the ⁠conflict in the Middle East. Sterling was at $1.3187 while the Australian dollar was 0.18% softer at $0.6918, both hovering around their three-month lows. The New Zealand dollar slipped 0.22% to $0.5591, hitting its lowest level since November 2025. “Clearly the market ​is not pricing for a hawkish Fed,” said Prashant Newnaha, senior rates strategist at TD Securities. “This is a ​flight-to-safety move spurred ⁠on by developments in Europe. In this scenario expect the dollar index and the yen to strengthen at the same time.” Much of the dollar’s recent strength has come at the expense of the euro as the rising political risk in Europe and the energy shock from the seven-month-long war in the Middle ⁠East dented ​sentiment on the single currency. The euro has also struggled against the yen and the ​Swiss franc , while yields on French debt have surged to a 14-year high as worries about France’s shaky finances swirl. Pepperstone’s Weston said the nature of the dollar move is shifting. “Increasingly, ​the story is becoming less about US exceptionalism and more about problems elsewhere, particularly in Europe.” [...]

World Bank proposes export-finance products for Pakistan’s EXIM Bank
October 2, 2026 9:19
World Bank proposes export-finance products for Pakistan’s EXIM Bank

The World Bank has proposed developing export-finance products for the Export-Import Bank of Pakistan (EXIM Bank) to support incremental trade flows, as the government and global lender reviewed measures to boost investment, exports and private-sector growth. The development came during a meeting between Finance Minister Muhammad Aurangzeb and a World Bank delegation led by Bolormaa Amgaabazar, Country Director, to review progress under the ongoing economic reform partnership and discuss implementation priorities across growth, jobs, fiscal management, revenue mobilisation, capital-market development, trade and investment, and institutional reforms, read a statement on Friday. The meeting reviewed the World Bank’s support for Pakistan’s broader economic reform agenda, with particular emphasis on translating reform priorities into targeted, implementable actions and strengthening coordination among relevant ministries, provincial governments and implementing agencies. The finance minister underscored the importance of moving from reform design to effective implementation, with a focus on practical measures capable of delivering measurable improvements in economic activity, investment, jobs and the overall business environment, read the statement. The meeting discussed the proposed World Bank growth and jobs operation, including interventions aimed at improving the investment climate, access to finance, sectoral productivity and labour-market outcomes. The World Bank outlined proposed measures relating to the investment framework, reduction of regulatory and business constraints, and access to finance for SMEs. The discussion also covered reforms to strengthen the Prime Minister’s Access to Finance initiative, including a unified insolvency framework, factoring legislation and regulations to support SME financing, as well as measures to expand commercial financing and greater private-sector participation. On sectoral reforms, the World Bank highlighted proposed interventions in pharmaceuticals and medical products, and agriculture, including improvements in seed registration, deregulation of selected commodities and strengthening of international accreditations to facilitate participation in international procurement and markets. The meeting also reviewed initiatives to strengthen skills development and labour-market alignment, including improvements in the national vocational qualifications framework, greater international recognition of skills and development of formal overseas migration pathways supported by digital platforms. Aurangzeb and the World Bank delegation reviewed implementation of the National Tariff Policy and ongoing analytical support for tariff reforms, including work relating to the automotive sector and future tariff reforms. The discussion emphasized the importance of supporting competitiveness, productivity, investment, exports and Pakistan’s greater integration into global value chains. On fiscal and revenue reforms, the meeting reviewed World Bank technical assistance to strengthen tax-policy capacity, including support for the Medium-Term Revenue Strategy and revenue-policy modelling. Discussions also covered GST harmonisation, including greater alignment of rules, definitions and classifications for services, improved federal-provincial coordination and stronger data-sharing arrangements. The meeting reviewed progress on agricultural income tax reforms, including implementation of amended provincial laws and rules and digital systems for registration, filing and payment. The importance of strengthening compliance and federal-provincial data sharing was also discussed. The discussion further covered provincial property-tax reforms, including efforts to improve and harmonise property-valuation approaches, strengthen digital systems and progressively move towards more market-based valuation frameworks. On domestic capital markets, the meeting discussed World Bank Group support for developing a roadmap for capital-market reforms through the Capital Markets Development Council, aimed at deepening domestic capital markets, broadening financing avenues and strengthening the ecosystem for investment and capital formation. The meeting also reviewed World Bank support for public-sector efficiency and the government’s rightsizing agenda, including technical assistance to strengthen institutional effectiveness and improve the efficiency of public resources. The finance minister highlighted the importance of strengthening debt-management capacity and domestic bond markets. Discussions covered ongoing technical cooperation on financial instruments for managing market risks, domestic bond-market development and strengthening investor-relations capacity. The meeting also discussed the World Bank’s analytical support on Pakistan’s sovereign credit profile and the pathway towards further rating improvements. The World Bank delegation also briefed the finance minister on analytical work on governance and institutional effectiveness, with discussions focused on practical and measurable reforms to strengthen government effectiveness, regulatory quality, transparency, accountability and the overall business environment. [...]

PSX: KSE-100 sheds over 700 points
October 2, 2026 9:05
PSX: KSE-100 sheds over 700 points

The benchmark KSE-100 Index slipped in the first half of Friday’s trading session as investors remained cautious amid reports that the US is sending more troops and carriers to the Middle East. At 12pm, the benchmark index was hovering at 167,933.14, down 703.71 points or 0.42%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs and power generation. Index-heavy stocks, including ARL, HUBCO, PSO, SSGC, HBL, NBP and UBL, traded in the red. Profit-taking and broad-based selling across banks, exploration and production companies, cement and oil marketing companies dragged the PSX sharply lower on Thursday, as elevated crude oil prices and persistent geopolitical uncertainty weakened investor sentiment and erased the market’s early gains above the 170,000-point level. The benchmark KSE-100 Index shed 1,332.47 points, or 0.78%, to close at 168,636.85 points. Internationally, Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening military buildup ​in the Gulf kept oil prices elevated. In Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.5% and was on ​track for a weekly decline of 1.7%. Japan’s Nikkei dropped 0.7% but was set for a gain of 3.1% for the ⁠week. Mainland Chinese markets are closed for a public holiday through Wednesday of next week. Nasdaq futures rose 0.3%, and S&P 500 futures inched up 0.1% after the pullback ​in Treasury yields helped Wall Street stage a late rebound. All eyes are on the US nonfarm payrolls due later in the day. Forecasts are centred on a rise ​of 90,000 jobs in September, while the employment rate is likely to be steady at 4.1%. Much attention will be on hourly earnings after the ISM survey showed a huge jump in prices paid, pointing to more cost pressures. This is an intraday update [...]

Cargo stacks up as Pakistan seizes containers to block capital routes
October 2, 2026 8:57
Cargo stacks up as Pakistan seizes containers to block capital routes

KARACHI/ISLAMABAD: Pakistan’s effort to keep supporters of jailed former prime minister Imran Khan out of ​the capital has led to a pileup of shipping containers in the nation’s main port of Karachi, 1,400 kilometres (870 miles) away. Truckers ‌are refusing to drive north, for fear their vehicles will be seized and the containers used to barricade Islamabad ahead of an Oct 4 march on the city planned by Khan’s Pakistan Tehreek-e-Insaf (PTI) opposition party. “Right now, going toward Punjab is like committing suicide,” said driver Javid ur Rehman, 35, who has halted such journeys, referring to Pakistan’s most populous province. “The police ​seize the vehicles and snatch the containers, and then we are left distressed.” Containers have lined roads for weeks Steel shipping containers, packed with sand ​and welded together, have lined the roads into Islamabad for weeks, in preparations against a march, postponed from Sept ⁠27, to demand Khan’s release from prison. “This is not the way to stop protests,” ​said Rana Mohammad Aslam, president of the Karachi Goods Carrier association. Authorities began stopping vehicles around Sept. 5, weeks before the original date for the march, he said. Pakistan’s home, information, commerce and finance ministries did not respond to requests for comment. Punjab police and the provincial home department also did not respond. The containers are positioned ready for placement at ​key entry points into Islamabad, a capital region larger than the southeast Asian city state of Singapore. Transporters battling rising prices say they cannot afford to ​have trucks seized. Police requisitioned more than 2,000 vehicles in September ahead of the march, they added, many still loaded with cargo and held for days with little or no ‌compensation. Their reluctance ⁠is leaving containers to pile up at Pakistan’s main trade gateway of Karachi. The disruption was affecting routes to Islamabad, the military city of Rawalpindi, and the cities of Jhelum, Peshawar and Attock, Aslam said. Some operators had halted journeys beyond Gujranwala in Punjab, while others took alternative routes. Bills are mounting for transporters The bills are mounting for those whose containers have been seized, as daily demurrage charges on one such container alone can run into 30,000 to 40,000 rupees ($110 to $150), Aslam ​said, adding to losses from missed deliveries ​and idle trucks. Consumer prices rose ⁠10.26% in September from a year earlier, while the transport price index climbed 27.43%, the Pakistan Bureau of Statistics said on Thursday. Operators are struggling to pay drivers and maintain their fleets, as international shippers still expect payment regardless of ​the reason for the delay, Aslam said. He was holding talks to find a solution, he added, but transporters ​could stage their own ⁠protest if complaints go unanswered. For Pervaiz Khan, 50, the risk was enough to keep a load of chemicals parked in Karachi. “Right now, my vehicle is loaded but I am not going,” said the father of five, adding that he had loaded his cargo of chemicals by night. “We depart from Sindh, and the moment we ⁠enter Punjab, that’s ​when our troubles begin.” Drivers stranded near Islamabad regretted lost days of work or earnings. “If the ​roads open, our children’s livelihood will open up,” said Sagheer Ahmed, 51, who added that his children awaiting him at home relied on his earnings. “If not, we will just keep standing.” [...]

Swedish, Nordic firms, Pakistani textile makers explore green solutions
October 2, 2026 8:54
Swedish, Nordic firms, Pakistani textile makers explore green solutions

ISLAMABAD: Swedish and Nordic companies, Pakistani textile manufacturers and industry partners came together in Karachi for the second matchmaking event under the Sustainable Textile Platform by Sweden. Launched in 2024 by the Embassy of Sweden in Pakistan and Business Sweden, the Sustainable Textile Platform brings together Swedish and Pakistani stakeholders to promote dialogue, knowledge exchange and business cooperation around sustainable textile production, and explore practical solutions to support the green transition of Pakistan’s textile sector. The Platform previously hosted a policy dialogue on access to green energy in the spring of 2025 in Islamabad, followed by its first matchmaking event last year in Karachi. During the first ever EU Business Forum this spring, STP participated in the plenary session on sustainable textile. This year’s matchmaking brought together local suppliers working with Swedish brands - IKEA and H&M, Nordic technology providers and other partners from the textile sector. Discussions focused on practical solutions in areas such as energy efficiency, water management, resource efficiency and cleaner production, as well as financing mechanisms that can facilitate for companies making green investments. Swedish companies including IKEA and H&M are working closely with their Pakistani suppliers to advance sustainability across their value chains. The matchmaking event provided an opportunity to connect these local suppliers with Nordic technology providers offering solutions that can support more efficient and sustainable production. “The green transition is not something that can happen through one company or one country alone. It requires cooperation across the entire value chain,” said H.E. Alexandra Berg von Linde, Ambassador of Sweden to Pakistan. “What I found particularly encouraging today was the very practical nature of the discussions. Pakistani suppliers shared the challenges they face, while Swedish and Nordic companies brought solutions and experience. This is exactly the kind of dialogue that can lead to new partnerships and real change.” “The purpose of Business Sweden’s engagement is to help turn sustainability ambitions into business opportunities,” said Mr. Emil Akander, Vice President, Region APAC, Singapore, Business Sweden. “Events like this create a direct connection between the needs of the Pakistani industry and the solutions that Swedish and Nordic companies can offer. We hope today’s conversations will continue beyond this event and develop into concrete cooperation.” This year’s event also brought financing discussions into the matchmaking format, underlining the importance of access to financing in enabling companies to invest in green technologies and improve their production processes. For Sweden, promoting sustainability and the green transition is closely linked to its broader engagement with Pakistan and its private sector. The Sustainable Textile Platform provides a practical space for Swedish expertise and innovation to meet Pakistan’s strong textile manufacturing base. The second matchmaking event marks another step in the Sustainable Textile Platform’s ongoing work. The focus going forward will be on developing the connections made during the event and supporting further dialogue, follow-up meetings and potential partnerships between Swedish, Nordic and Pakistani companies. About the Sustainable Textile Platform: The Sustainable Textile Platform by Sweden was launched in 2024 by the Embassy of Sweden Islamabad and Business Sweden. It aims to bring together Swedish, Nordic and Pakistani stakeholders to support the green transition of Pakistan’s textile sector through policy dialogue, knowledge exchange, technology and business cooperation. [...]

Pakistan petroleum sales fall 2% YoY in September
October 2, 2026 7:39
Pakistan petroleum sales fall 2% YoY in September

Pakistan’s petroleum product sales declined 2% year-on-year (YoY) to 1.35 million tons in September 2026, mainly due to lower high-speed diesel (HSD) and motor spirit (MS) volumes, according to a report by Topline Securities released on Friday. Excluding furnace oil (FO), overall oil marketing companies’ (OMCs) sales fell 8% YoY to 1.25 million tons during the month. FO sales, however, surged 601% YoY to 93,000 tons in September, compared with just 13,000 tons a year earlier. HSD sales declined 11% YoY to 525,000 tons, while MS volumes fell 5% to 652,000 tons. Sales of other petroleum products dropped 8% to 76,000 tons. On a month-on-month (MoM) basis, total petroleum product sales increased 7%, with HSD volumes rising 25% to 525,000 tons. FO sales declined 5%, while MS volumes fell 2% during the month. “The MoM rise is mainly due to a rise in diesel volumes seen in the month because of seasonal factors,” said Topline Securities. Pakistan’s petroleum sales jump 23% YoY in July amid cheaper fuel & agri boom During the first quarter of fiscal year 2026-27 (1QFY27), total OMC sales rose 6% YoY to 4.12 million tons, compared with 3.89 million tons in the same period of the previous fiscal year, due to higher FO sales, i.e. 470%. Excluding FO, however, sales remained broadly unchanged at 3.85 million tons in 1QFY27, compared with 3.85 million tons a year earlier. Among major OMCs, Pakistan State Oil (PSO) recorded a 12% YoY increase in September sales to 639,000 tons, with HSD volumes rising 9% and MS sales increasing 15%. PSO’s sales also increased 12% MoM. Attock Petroleum Limited (APL) recorded 116,000 tons in sales, unchanged YoY, while Wafi Energy Pakistan’s volumes declined 6% to 110,000 tons. Hascol Petroleum’s sales fell 14% YoY to 37,000 tons, with MS volumes declining 26% and HSD sales rising 15%. For 1QFY27, PSO’s total sales increased 18% YoY to 1.91 million tons, while APL’s volumes rose 11% to 364,000 tons. Wafi’s sales increased 6% to 348,000 tons, whereas Hascol’s volumes declined 12% to 114,000 tons. [...]

Gold per tola gains Rs2,000 in Pakistan
October 2, 2026 7:37
Gold per tola gains Rs2,000 in Pakistan

Gold prices in Pakistan increased on Friday in line with their gain in the international market. In the local market, gold price per tola reached Rs440,636 after a gain of Rs2,000 during the day. Similarly, 10-gram gold was sold at 377,774 after it increased by Rs1715, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs438,636 after a decline of Rs3,000 during the day. The international rate of gold was up by $20 to reach $4,181 per ounce. Meanwhile, the price of silver increased by Rs50 to reach Rs6,578 per tola. [...]

Australian shares rebound from three-month low, remain on track for weekly loss
October 2, 2026 5:53
Australian shares rebound from three-month low, remain on track for weekly loss

Australian shares rose on Friday, recovering from a more than three-month low hit in the previous session as banks, energy stocks and easing bond yields lifted the benchmark, although it remained on track for a fifth consecutive weekly decline. The S&P/ASX 200 index was up 0.4% at 8,647.8 points as of 0007 GMT. For the week, as markets contended with a 15-year high cash rate and softer-than-expected yet stubbornly high inflation, the benchmark index was down 0.2%. The benchmark closed 2% lower on Thursday, its lowest level since mid-June, pressured by a spike in bond yields. Australian government bond yields fell in tandem with US Treasuries, with the benchmark 10-year yield easing to 5.36% and the three-year yield to 4.88%. Financials rose as much as 0.6%, but were on track for a fourth consecutive weekly decline if current momentum persists. All “Big Four” banks were up between 0.2% and 0.8%. Energy stocks advanced 1.8%, headed for their best day since mid-September, as oil prices jumped overnight after China halted fuel exports. Sub-index heavyweights Santos and Woodside added 2.2% and 1.5%, respectively. Miners climbed 0.7%, with behemoths BHP, Rio Tinto adding 0.7% and 0.5%, respectively, while gold stocks were up 0.4%. Technology stocks rose as much as 3.8%, notching their highest level since early September. The gauge is set to snap a sixth consecutive weekly loss, up 5.8% so far this week. Consumer staples and discretionary stocks added 1% and 0.4%, respectively. Bucking the broader positive trend, healthcare sub-index slipped 0.5% while real estate stocks shed 0.6%. Across the Tasman Sea, New Zealand’s benchmark S&P/NZX 50 index fell 0.7% to 13,715.99 points. [...]

Australia, New Zealand dollars at multi-month lows as yields buffers shrink
October 2, 2026 5:51
Australia, New Zealand dollars at multi-month lows as yields buffers shrink

SYDNEY: The Australian and New Zealand dollars were pinned around multi-month lows on Friday as the greenback extended its bull run through major chart levels, while bonds found some relief from a rare rally in Treasuries. The Aussie was heading for its fourth straight week of losses as US yields surged and shrank the premium offered by Australian debt to the smallest in a year. That left the Aussie down at $0.6920, having slipped 0.2% overnight to hit a three-month trough of $0.6904. It was down a hefty 1.4% for the week and threatening previous lows at $0.68665 and $0.6834. The currency drew some indirect support from a broad fall in the euro as concerns about French debt saw the single currency skid 0.6% to A$1.1624. The kiwi dollar huddled at an 11-month trough of $0.5592, after a break of $0.5627 triggered another wave of selling. Major support now lies at $0.5581 and a breach would risk a retreat to $0.5485. Australian bonds have fared a bit better than the currency as a pullback in wagers for an October rate hike saw 3-year yields drop 11 basis points on the week to 4.898%. While the Reserve Bank of Australia did raise rates to a 15-year high of 4.6% on Tuesday, investors got the impression policymakers wanted to gauge the impact of its tightening before moving again. A sharp downturn in the housing market has also combined with a steady rise in unemployment to lower the probability of an October hike to 22%, and even a December move is now put at just 38%. “While currently inflation concerns outweigh growth concerns, the RBA Board will need to remain attentive to emerging downside risks over coming months,” said Adam Bowe, head of Australia portfolio management at PIMCO. “With economic cracks emerging, a moderating fiscal impulse, and strong demand for Australian dollar denominated bonds, we view Australian duration as attractive at current levels.” That demand has helped cushion Australian government bonds from the fallout in Treasuries, shrinking the 10-year yield premium to a one-year low of 11 basis points. It is that outperformance that has undermined the Aussie’s interest rate buffer on the greenback. [...]

Japan's Nikkei retreats from 6-week high as investors lock in gains
October 2, 2026 5:49
Japan's Nikkei retreats from 6-week high as investors lock in gains

TOKYO: Japan’s Nikkei 225 retreated from a 6-week high on Friday as investors locked in gains and turned cautious over the outlook for interest rates, inflation, and geopolitical risks. The benchmark Nikkei 225 slid 0.79% to 68,413.03, still on track for a 3% advance on the week. The broader Topix slipped 0.57% to 4,108.53. US stocks ended higher overnight as Treasury yields retreated from multi-decade highs, but the overall tone remained choppy with investors focused on the Federal Reserve’s rate trajectory and inflation risks. In Japan, data showed core inflation in Tokyo accelerated in September at the fastest pace in 10 months, bolstering the case for further rate hikes. Geopolitical tensions also weighed, with the US-Iran war in the Middle East and fresh disruptions to global energy markets after China suspended oil product exports beyond Hong Kong and Macau. After the Nikkei’s 3.3% surge on Thursday, “concerns about short-term overheating are likely to lead to profit-taking,” according to a note by Yuta Okamoto, an analyst at Tokai Tokyo Intelligence Laboratory. Even so, the outlook for domestic shares remains positive, he added, bolstered by the Bank of Japan’s tankan survey released on Thursday showing sentiment among large manufacturers rose for a sixth straight quarter. “It appears that expectations for a rise in Japanese share prices, based on earnings prospects, remain high,” Okamoto wrote. Breadth was negative, with 53 advancers in the Nikkei 225 against 170 decliners and two unchanged. The largest losers were SoftBank Group, down 5.27%, followed by Taiyo Yuden, trading 4.98% lower, and Tokyo Electron, which lost 3.66%. The largest gainers in the index were Furukawa Electric, up 6.25%, followed by Baycurrent, 6.04% higher, and Mitsui Kinzoku, which added 5.40%. [...]

Copper up on supply woes but dollar drives worst week since April
October 2, 2026 5:42
Copper up on supply woes but dollar drives worst week since April

SINGAPORE: Copper recovered from some of the previous days’ losses on Friday, supported by supply concerns, but earlier declines still set it up to notch its worst weekly fall since April. Benchmark three-month copper on the London Metal Exchange was up 0.32% at $14,289 a metric ton by 0300 GMT. That marked a decline of 2.28% since the end of last week. Official data on Wednesday showed that copper output in Chile, the world’s largest miner of the red metal, fell 12.8% year-on-year in August. Supervisors at Chile’s Escondida copper mine, the world’s largest, rejected a collective contract offer, paving the way for a potential strike and adding to supply fears. “This adds to an overall slump in output, as the industry struggles to maintain aging infrastructure amid difficult operating conditions,” Daniel Hynes, senior commodity strategist at ANZ, said in a note. Inventories are thin in China, where stocks in warehouses monitored by the Shanghai Futures Exchange (SHFE) fell to 38,744 tons, their lowest since January 2024, weekly data showed on Wednesday. The SHFE was closed for China’s National Day and will reopen on October 8. Supply concerns were not enough to offset a bad week for copper, as the US dollar hit a 17-month high amid a global bond market rout driven by worries over persistent inflation and high government debt. A stronger dollar makes greenback-denominated commodities like copper more expensive for buyers using other currencies. The bond market’s travails pushed borrowing costs across the globe to multi-decade peaks, threatening to dampen economic sentiment and weigh on the red metal, sometimes called Dr Copper for its use as a gauge of overall economic health. Among LME metals, aluminium dipped 0.18%, zinc added 0.15%, lead was little changed, up only 0.03%, nickel dipped 0.19% and tin lost 0.72%. [...]

Oil treads water as market weighs mixed supply signals
October 2, 2026 5:33
Oil treads water as market weighs mixed supply signals

SINGAPORE: Oil prices were broadly stable on Friday as the market weighed the possibility of renewed US-Iran tensions against signs of recovering Middle Eastern supplies this week. Brent dipped 3 cents, or 0.03%, to $102.28 a barrel at 0350 GMT, after trading slightly higher in early Friday trade. However, the contract was poised for a weekly decline of about 2%, despite closing more than $4 higher on Thursday. Iran says it receives US response to latest proposal as Washington pulls out of Iraq Meanwhile, West Texas Intermediate eased 19 cents, or 0.2%, to $92.68 a barrel. It was headed for a weekly increase of about 0.3%. “The market is taking stock of a distinctly mixed set of signals this week,” said KCM Trade chief analyst Tim Waterer, who noted that after a disruptive Thursday, traders were “simply taking a breather”. “A healthier-looking Saudi export picture is being offset by reports of another US aircraft carrier heading toward the Gulf and by China’s decision to curb refined product exports.” US consumer confidence sinks to lowest level since 2014 Prices settled higher in the previous session after Reuters reported that Chinese refiners suspended oil product exports for October as Beijing looked to preserve domestic stocks. Meanwhile, the Wall Street Journal reported that the US was sending a third aircraft carrier and up to 10,000 more troops to the Middle East as President Donald Trump weighed resuming strikes on Iran after the US midterm elections. “The more immediate concern is the availability and movement of Middle Eastern crude and refined products to the rest of the world,” said Priyanka Sachdeva, head of market insights at Phillip Nova. The $100/barrel-level has now become a psychological and market-positioning threshold, said Sachdeva, adding that the market is “increasingly pricing a world where supply chains remain vulnerable for longer”. Meanwhile, the Trump administration has told Germany and France to draw down emergency diesel inventories to help ease soaring global fuel prices or face a potential US diesel export ban, according to three people close to the discussions. A source told Reuters that the US has asked the EU to release 120 million barrels of diesel over the next six months. EU countries hold nearly 109 million tons of emergency crude and fuel stocks. “US pressure on EU nations to release oil is also adding to that check on prices,” said Mukesh Sahdev, chief oil analyst of XAnalysts. [...]

Amazon seeks to offload $8 billion of Nvidia chips to investors, FT reports
October 2, 2026 5:29
Amazon seeks to offload $8 billion of Nvidia chips to investors, FT reports

Amazon is seeking to offload about $8 billion of advanced Nvidia chips to investors through a new vehicle to strengthen its balance sheet, the Financial Times reported on Friday, citing people familiar with the matter. In recent weeks, Amazon has held talks with investors to gauge interest in the deal that would move thousands of Grace Blackwell chips it is installing in US data centres into a special-purpose vehicle, the report said. The cloud giant will then lease the advanced AI chips back from the SPV, which would tap outside investors through debt issuance, the FT said, adding that the company could adopt a more asset-light approach to its balance sheet by unloading the expensive semiconductors to investors. Amazon plans to offer an equity stake of up to 10% in the vehicle, the newspaper said. Foxconn says third quarter to outperform market expectations on AI strength The chips in the proposed deal were bought or leased by Amazon. They are installed in more than a dozen US data centres across five states, including Nevada and Virginia, the report said. Amazon and Nvidia did not immediately respond to Reuters for comment outside regular business hours. [...]

Hong Kong stocks fall as surging bond yields, higher oil prices weigh
October 2, 2026 5:21
Hong Kong stocks fall as surging bond yields, higher oil prices weigh

HONG KONG: Hong Kong stocks dropped on the first trading day of October, as the 10-year US Treasury yield hitting a more-than-two-decade high and rising oil prices dampened investor appetite for risk assets. Hong Kong benchmark Hang Seng lost 2.6% by midday. Hang Seng China Enterprises Index and Hang Seng Tech both fell more than 2%. By sector, biotech and financial shares led the decline. Global bonds came under heavy selling pressure again on Thursday, sending borrowing costs from the United States to France and Japan to multi-decade highs, putting investors on high alert for further market volatility. Higher rates tighten market liquidity, especially in interest-rate-sensitive markets like Hong Kong. Macau gaming stocks listed in Hong Kong declined broadly with Galaxy Entertainment dropping 6%, as the city’s gaming revenue continued to fall in September. China’s onshore financial markets are closed from October 1 to October 7 for the National Day holidays. Trading will resume next Thursday, October 8. [...]

Palm hits 13-week low, on track for second straight weekly loss
October 2, 2026 5:11
Palm hits 13-week low, on track for second straight weekly loss

JAKARTA: Malaysian palm oil futures were on course for a second straight weekly fall on Friday, with prices declining for a sixth straight session to their lowest in 13 weeks, on weak export data and expectations of high inventory. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was down 26 ringgit, or 0.57%, at 4,528 ringgit a metric ton by the midday break, after hitting its lowest since July 3 earlier in the day. The contract has fallen 3.08% so far this week. “Bursa Malaysia’s crude palm oil futures is under pressure from poor export, improved production and increasing end-stock to over 3 million tons,” a Kuala Lumpur-based trader said, adding that output increased sharply in September. Exports of Malaysian palm oil products for September fell between 17.1% and 28.8% compared to August, according to cargo surveyors Intertek Testing Services and AmSpec Agri Malaysia. Soyoil prices on the Chicago Board of Trade barely changed, up 0.01%. The Dalian Commodity Exchange was closed for a public holiday. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Global vegetable oil prices may rise in the coming months and into 2027 on tighter supply as disrupted Black Sea sunflower-oil shipments coincide with declining South American soyoil exports, leading industry analyst Thomas Mielke told an industry conference. Malaysian palm oil prices are likely to remain between 4,500 and 5,000 ringgit a ton through December, as higher stocks weigh on prices despite expectations of lower production next year due to El Niño, top industry analyst Dorab Mistry said. Indonesia exported 16.13 million tons of crude and refined palm oil in the January to August period, down 0.39% from a year earlier, statistics bureau data showed. Palm oil may test support at 4,478 ringgit per ton, a break below which could open the way towards 4,445 ringgit. [...]

Fuel imports: USD1bn can be saved by adding 30,000 REEVs annually, experts say
October 2, 2026 3:25
Fuel imports: USD1bn can be saved by adding 30,000 REEVs annually, experts say

ISLAMABAD: Auto Industry experts said that Pakistan could save over USD 1 billion in fuel imports over five years by adding 30,000 range-extended electric vehicles (REEVs) annually, highlighting the potential of electric mobility to reduce household transport costs and the country’s dependence on imported petroleum. The projected adoption would build a fleet of 150,000 vehicles by the fifth year. Industry estimates suggest this could cumulatively displace approximately 1.2 billion litres of petrol and avoid around 2.7 million tons of operational carbon emissions compared with similar petrol vehicles. Actual savings would depend on driving distances, charging patterns and the proportion of travel completed on electricity. “With petroleum imports consuming 30 percent of Pakistan’s total import bill, the transition to EVs is a macroeconomic imperative. Accelerating EV adoption directly mitigates this fiscal vulnerability, shielding the current account balance from volatile foreign exchange drains caused by global oil shocks,” said Mohammad Shaaf Najib, Research Economist at the Pakistan Institute of Development Economics (PIDE), in Future on Wheels. REEVs use electric motors to drive the wheels, while an on-board fuel-powered engine acts as a generator to support the battery when required. This configuration enables motorists to undertake routine journeys on electricity while retaining additional range for intercity travel. According to industry insiders, REEV models offering approximately 150–180 kilometres of electric range could cover much of consumers’ daily travel through home charging, including rooftop solar, while providing flexibility as Pakistan’s public charging network develops. “REEVs can offer Pakistani consumers a practical route to electric mobility by combining lower daily running costs with the confidence to undertake longer journeys. A stable policy framework, investment in charging infrastructure and progressive localisation can help translate these consumer benefits into wider economic gains for Pakistan,” said Ali Damani, Chief Operating Officer of Changan Motors Pakistan. Some REEV owners charging largely through rooftop solar report monthly fuel savings of up to Rs 65,000. Such savings vary with vehicle usage and charging costs, but illustrate the potential relief for households managing school transport, commuting and other routine journeys. Industry insiders estimate that increasing annual REEV additions to 60,000 could broadly double the projected fuel-displacement benefits under comparable assumptions. They argue that shifting transport demand towards domestically generated electricity could help reduce exposure to international oil-price volatility and pressure on foreign exchange reserves. The estimates also strengthen the case for a predictable framework for new energy vehicles. Industry stakeholders have called for long-term policy stability, affordable financing, expanded charging facilities and incentives progressively linked to localisation and consumer protection. They maintain that Pakistan’s automotive transition should encourage competition in technology, running costs and after-sales service, enabling consumers to access more efficient vehicles while supporting the country’s energy-security objectives. Copyright Business Recorder, 2026 [...]

Govt, opposition begin talks in Islamabad
October 2, 2026 9:50
Govt, opposition begin talks in Islamabad

Negotiations between the government and opposition began at the Parliament House on Friday, with the two sides discussing the country’s current political situation and matters of mutual interest, Aaj News reported. The meeting is being held in the committee room of the National Assembly speaker’s chamber, with Speaker Ayaz Sadiq leading the government’s negotiating team, ahead of the Pakistan Tehreek-e-Insaf (PTI)’s long march towards Islamabad scheduled for October 4. Interior Minister Mohsin Naqvi, Minister of State for Interior Talal Chaudhry, Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry, Rana Sanaullah and Sherry Rehman are also part of the government delegation. The opposition team includes Allama Nasir Abbas, Barrister Gohar, Asad Qaiser, Aamir Dogar and Salman Akram Raja. During the meeting, the interior minister briefed participants on the security and law-and-order situation in Khyber Pakhtunkhwa. A second round of talks is expected to take place after Friday prayers, according to sources. Earlier, Tariq Chaudhry said the government would approach the negotiations with optimism, adding that resolving issues through dialogue was in the country’s interest. He said political engagement was necessary instead of repeatedly marching on Islamabad, expressing hope that the talks would move towards a possible solution. Talal Chaudhry said Prime Minister Shehbaz Sharif had invited political parties to hold talks on various platforms. He said the government had never hesitated to engage parliamentary parties and urged them to resolve issues through discussions in Parliament, adding that the opportunity should not be wasted. The development comes a day after President Asif Ali Zardari and Prime Minister Shehbaz Sharif decided that a joint delegation of the federal government and the Pakistan Peoples Party (PPP) would meet the PTI leadership on Friday to discuss the prevailing political situation in the country. The decision was taken during a meeting between the president and the prime minister held here at Aiwan-i-Sadr. The president and the PM also reviewed the country’s overall political and security situation. The meeting expressed grave concern over the security situation in Khyber Pakhtunkhwa. [...]

World Bank proposes export-finance products for Pakistan’s EXIM Bank
October 2, 2026 9:19
World Bank proposes export-finance products for Pakistan’s EXIM Bank

The World Bank has proposed developing export-finance products for the Export-Import Bank of Pakistan (EXIM Bank) to support incremental trade flows, as the government and global lender reviewed measures to boost investment, exports and private-sector growth. The development came during a meeting between Finance Minister Muhammad Aurangzeb and a World Bank delegation led by Bolormaa Amgaabazar, Country Director, to review progress under the ongoing economic reform partnership and discuss implementation priorities across growth, jobs, fiscal management, revenue mobilisation, capital-market development, trade and investment, and institutional reforms, read a statement on Friday. The meeting reviewed the World Bank’s support for Pakistan’s broader economic reform agenda, with particular emphasis on translating reform priorities into targeted, implementable actions and strengthening coordination among relevant ministries, provincial governments and implementing agencies. The finance minister underscored the importance of moving from reform design to effective implementation, with a focus on practical measures capable of delivering measurable improvements in economic activity, investment, jobs and the overall business environment, read the statement. The meeting discussed the proposed World Bank growth and jobs operation, including interventions aimed at improving the investment climate, access to finance, sectoral productivity and labour-market outcomes. The World Bank outlined proposed measures relating to the investment framework, reduction of regulatory and business constraints, and access to finance for SMEs. The discussion also covered reforms to strengthen the Prime Minister’s Access to Finance initiative, including a unified insolvency framework, factoring legislation and regulations to support SME financing, as well as measures to expand commercial financing and greater private-sector participation. On sectoral reforms, the World Bank highlighted proposed interventions in pharmaceuticals and medical products, and agriculture, including improvements in seed registration, deregulation of selected commodities and strengthening of international accreditations to facilitate participation in international procurement and markets. The meeting also reviewed initiatives to strengthen skills development and labour-market alignment, including improvements in the national vocational qualifications framework, greater international recognition of skills and development of formal overseas migration pathways supported by digital platforms. Aurangzeb and the World Bank delegation reviewed implementation of the National Tariff Policy and ongoing analytical support for tariff reforms, including work relating to the automotive sector and future tariff reforms. The discussion emphasized the importance of supporting competitiveness, productivity, investment, exports and Pakistan’s greater integration into global value chains. On fiscal and revenue reforms, the meeting reviewed World Bank technical assistance to strengthen tax-policy capacity, including support for the Medium-Term Revenue Strategy and revenue-policy modelling. Discussions also covered GST harmonisation, including greater alignment of rules, definitions and classifications for services, improved federal-provincial coordination and stronger data-sharing arrangements. The meeting reviewed progress on agricultural income tax reforms, including implementation of amended provincial laws and rules and digital systems for registration, filing and payment. The importance of strengthening compliance and federal-provincial data sharing was also discussed. The discussion further covered provincial property-tax reforms, including efforts to improve and harmonise property-valuation approaches, strengthen digital systems and progressively move towards more market-based valuation frameworks. On domestic capital markets, the meeting discussed World Bank Group support for developing a roadmap for capital-market reforms through the Capital Markets Development Council, aimed at deepening domestic capital markets, broadening financing avenues and strengthening the ecosystem for investment and capital formation. The meeting also reviewed World Bank support for public-sector efficiency and the government’s rightsizing agenda, including technical assistance to strengthen institutional effectiveness and improve the efficiency of public resources. The finance minister highlighted the importance of strengthening debt-management capacity and domestic bond markets. Discussions covered ongoing technical cooperation on financial instruments for managing market risks, domestic bond-market development and strengthening investor-relations capacity. The meeting also discussed the World Bank’s analytical support on Pakistan’s sovereign credit profile and the pathway towards further rating improvements. The World Bank delegation also briefed the finance minister on analytical work on governance and institutional effectiveness, with discussions focused on practical and measurable reforms to strengthen government effectiveness, regulatory quality, transparency, accountability and the overall business environment. [...]

PSX: KSE-100 sheds over 700 points
October 2, 2026 9:05
PSX: KSE-100 sheds over 700 points

The benchmark KSE-100 Index slipped in the first half of Friday’s trading session as investors remained cautious amid reports that the US is sending more troops and carriers to the Middle East. At 12pm, the benchmark index was hovering at 167,933.14, down 703.71 points or 0.42%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs and power generation. Index-heavy stocks, including ARL, HUBCO, PSO, SSGC, HBL, NBP and UBL, traded in the red. Profit-taking and broad-based selling across banks, exploration and production companies, cement and oil marketing companies dragged the PSX sharply lower on Thursday, as elevated crude oil prices and persistent geopolitical uncertainty weakened investor sentiment and erased the market’s early gains above the 170,000-point level. The benchmark KSE-100 Index shed 1,332.47 points, or 0.78%, to close at 168,636.85 points. Internationally, Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening military buildup ​in the Gulf kept oil prices elevated. In Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.5% and was on ​track for a weekly decline of 1.7%. Japan’s Nikkei dropped 0.7% but was set for a gain of 3.1% for the ⁠week. Mainland Chinese markets are closed for a public holiday through Wednesday of next week. Nasdaq futures rose 0.3%, and S&P 500 futures inched up 0.1% after the pullback ​in Treasury yields helped Wall Street stage a late rebound. All eyes are on the US nonfarm payrolls due later in the day. Forecasts are centred on a rise ​of 90,000 jobs in September, while the employment rate is likely to be steady at 4.1%. Much attention will be on hourly earnings after the ISM survey showed a huge jump in prices paid, pointing to more cost pressures. This is an intraday update [...]

Cargo stacks up as Pakistan seizes containers to block capital routes
October 2, 2026 8:57
Cargo stacks up as Pakistan seizes containers to block capital routes

KARACHI/ISLAMABAD: Pakistan’s effort to keep supporters of jailed former prime minister Imran Khan out of ​the capital has led to a pileup of shipping containers in the nation’s main port of Karachi, 1,400 kilometres (870 miles) away. Truckers ‌are refusing to drive north, for fear their vehicles will be seized and the containers used to barricade Islamabad ahead of an Oct 4 march on the city planned by Khan’s Pakistan Tehreek-e-Insaf (PTI) opposition party. “Right now, going toward Punjab is like committing suicide,” said driver Javid ur Rehman, 35, who has halted such journeys, referring to Pakistan’s most populous province. “The police ​seize the vehicles and snatch the containers, and then we are left distressed.” Containers have lined roads for weeks Steel shipping containers, packed with sand ​and welded together, have lined the roads into Islamabad for weeks, in preparations against a march, postponed from Sept ⁠27, to demand Khan’s release from prison. “This is not the way to stop protests,” ​said Rana Mohammad Aslam, president of the Karachi Goods Carrier association. Authorities began stopping vehicles around Sept. 5, weeks before the original date for the march, he said. Pakistan’s home, information, commerce and finance ministries did not respond to requests for comment. Punjab police and the provincial home department also did not respond. The containers are positioned ready for placement at ​key entry points into Islamabad, a capital region larger than the southeast Asian city state of Singapore. Transporters battling rising prices say they cannot afford to ​have trucks seized. Police requisitioned more than 2,000 vehicles in September ahead of the march, they added, many still loaded with cargo and held for days with little or no ‌compensation. Their reluctance ⁠is leaving containers to pile up at Pakistan’s main trade gateway of Karachi. The disruption was affecting routes to Islamabad, the military city of Rawalpindi, and the cities of Jhelum, Peshawar and Attock, Aslam said. Some operators had halted journeys beyond Gujranwala in Punjab, while others took alternative routes. Bills are mounting for transporters The bills are mounting for those whose containers have been seized, as daily demurrage charges on one such container alone can run into 30,000 to 40,000 rupees ($110 to $150), Aslam ​said, adding to losses from missed deliveries ​and idle trucks. Consumer prices rose ⁠10.26% in September from a year earlier, while the transport price index climbed 27.43%, the Pakistan Bureau of Statistics said on Thursday. Operators are struggling to pay drivers and maintain their fleets, as international shippers still expect payment regardless of ​the reason for the delay, Aslam said. He was holding talks to find a solution, he added, but transporters ​could stage their own ⁠protest if complaints go unanswered. For Pervaiz Khan, 50, the risk was enough to keep a load of chemicals parked in Karachi. “Right now, my vehicle is loaded but I am not going,” said the father of five, adding that he had loaded his cargo of chemicals by night. “We depart from Sindh, and the moment we ⁠enter Punjab, that’s ​when our troubles begin.” Drivers stranded near Islamabad regretted lost days of work or earnings. “If the ​roads open, our children’s livelihood will open up,” said Sagheer Ahmed, 51, who added that his children awaiting him at home relied on his earnings. “If not, we will just keep standing.” [...]

Swedish, Nordic firms, Pakistani textile makers explore green solutions
October 2, 2026 8:54
Swedish, Nordic firms, Pakistani textile makers explore green solutions

ISLAMABAD: Swedish and Nordic companies, Pakistani textile manufacturers and industry partners came together in Karachi for the second matchmaking event under the Sustainable Textile Platform by Sweden. Launched in 2024 by the Embassy of Sweden in Pakistan and Business Sweden, the Sustainable Textile Platform brings together Swedish and Pakistani stakeholders to promote dialogue, knowledge exchange and business cooperation around sustainable textile production, and explore practical solutions to support the green transition of Pakistan’s textile sector. The Platform previously hosted a policy dialogue on access to green energy in the spring of 2025 in Islamabad, followed by its first matchmaking event last year in Karachi. During the first ever EU Business Forum this spring, STP participated in the plenary session on sustainable textile. This year’s matchmaking brought together local suppliers working with Swedish brands - IKEA and H&M, Nordic technology providers and other partners from the textile sector. Discussions focused on practical solutions in areas such as energy efficiency, water management, resource efficiency and cleaner production, as well as financing mechanisms that can facilitate for companies making green investments. Swedish companies including IKEA and H&M are working closely with their Pakistani suppliers to advance sustainability across their value chains. The matchmaking event provided an opportunity to connect these local suppliers with Nordic technology providers offering solutions that can support more efficient and sustainable production. “The green transition is not something that can happen through one company or one country alone. It requires cooperation across the entire value chain,” said H.E. Alexandra Berg von Linde, Ambassador of Sweden to Pakistan. “What I found particularly encouraging today was the very practical nature of the discussions. Pakistani suppliers shared the challenges they face, while Swedish and Nordic companies brought solutions and experience. This is exactly the kind of dialogue that can lead to new partnerships and real change.” “The purpose of Business Sweden’s engagement is to help turn sustainability ambitions into business opportunities,” said Mr. Emil Akander, Vice President, Region APAC, Singapore, Business Sweden. “Events like this create a direct connection between the needs of the Pakistani industry and the solutions that Swedish and Nordic companies can offer. We hope today’s conversations will continue beyond this event and develop into concrete cooperation.” This year’s event also brought financing discussions into the matchmaking format, underlining the importance of access to financing in enabling companies to invest in green technologies and improve their production processes. For Sweden, promoting sustainability and the green transition is closely linked to its broader engagement with Pakistan and its private sector. The Sustainable Textile Platform provides a practical space for Swedish expertise and innovation to meet Pakistan’s strong textile manufacturing base. The second matchmaking event marks another step in the Sustainable Textile Platform’s ongoing work. The focus going forward will be on developing the connections made during the event and supporting further dialogue, follow-up meetings and potential partnerships between Swedish, Nordic and Pakistani companies. About the Sustainable Textile Platform: The Sustainable Textile Platform by Sweden was launched in 2024 by the Embassy of Sweden Islamabad and Business Sweden. It aims to bring together Swedish, Nordic and Pakistani stakeholders to support the green transition of Pakistan’s textile sector through policy dialogue, knowledge exchange, technology and business cooperation. [...]

Joy for Germany as Ronaldo-less Portugal win in Denmark
October 2, 2026 7:40
Joy for Germany as Ronaldo-less Portugal win in Denmark

Germany claimed a first win under new coach Juergen Klopp on Thursday with ​a 2-0 Nations League victory over Serbia, while Portugal shrugged off the absence of Cristiano Ronaldo ‌in Denmark and the Netherlands came from two goals down to draw 2-2 with Greece. Klopp selected a completely new starting XI from the side that lost to Greece last time out, handing debuts to goalkeeper Jonas Urbig and winger Derry Scherhant. Germany attacked the Serbia goal in ​waves but it took until the 39th minute to take the lead as Florian Wirtz picked out ​Tom Bischof to score his first senior national team goal in his second cap. After Nick ⁠Woltemade missed a sitter at the back post, Wirtz scored the second just past the hour-mark with a neat ​finish from the edge of the box. There will be relief for Klopp to get a win at the third attempt ​on his return to coaching, and his side were full value for their victory. “We played great against the ball and played wonderful football with the ball. I am really happy. This performance must now be the baseline,” he said. Greece were close to making it three wins ​from three but conceded a late equaliser at home to the Netherlands. Fotis Ioannidis and Georgios Masouras scored first-half goals ​for the home side, before Virgil van Dijk halved the deficit just before the hour-mark. The visitors kept pushing for the goal and ‌it arrived ⁠a minute from the end via Tijjani Reijnders. Four-star Portugal Portugal, playing their first game since Ronaldo walked out on the squad, putting his international future into doubt, were made to work for their 4-2 win in Denmark as they top A4 with a perfect nine points from their three games. The visitors scored twice in the first half through Joao Cancelo and Goncalo ​Ramos, but on each occasion ​the Danes found an ⁠equaliser as Mikkel Damsgaard and Rasmus Hojlund netted for the hosts. Ireland and Austria draw 2-2 in game briefly halted by protesters But Portugal would not be denied and Vitinha grabbed a 67th-minute goal and Joao Felix a late fourth to give ​Jorge Jesus’ side a six-point lead in the table after what has been a ​difficult few days. Dan ⁠James and Neco Williams scored for Wales as they beat 10-man Norway 2-1 to earn their first points of the campaign. In League B, the clash between Ireland and Austria in Dublin was stopped briefly when tennis balls were thrown onto the pitch in ⁠protest ​at the Irish side playing Israel in their previous fixture. Play soon resumed ​and Ireland were held to a 2-2 draw as a pair of goals from Troy Parrott was not enough for the win. Ireland’s next game is ​a ‘home’ clash against Israel that will be played behind closed doors in neutral Serbia. [...]

Pakistan petroleum sales fall 2% YoY in September
October 2, 2026 7:39
Pakistan petroleum sales fall 2% YoY in September

Pakistan’s petroleum product sales declined 2% year-on-year (YoY) to 1.35 million tons in September 2026, mainly due to lower high-speed diesel (HSD) and motor spirit (MS) volumes, according to a report by Topline Securities released on Friday. Excluding furnace oil (FO), overall oil marketing companies’ (OMCs) sales fell 8% YoY to 1.25 million tons during the month. FO sales, however, surged 601% YoY to 93,000 tons in September, compared with just 13,000 tons a year earlier. HSD sales declined 11% YoY to 525,000 tons, while MS volumes fell 5% to 652,000 tons. Sales of other petroleum products dropped 8% to 76,000 tons. On a month-on-month (MoM) basis, total petroleum product sales increased 7%, with HSD volumes rising 25% to 525,000 tons. FO sales declined 5%, while MS volumes fell 2% during the month. “The MoM rise is mainly due to a rise in diesel volumes seen in the month because of seasonal factors,” said Topline Securities. Pakistan’s petroleum sales jump 23% YoY in July amid cheaper fuel & agri boom During the first quarter of fiscal year 2026-27 (1QFY27), total OMC sales rose 6% YoY to 4.12 million tons, compared with 3.89 million tons in the same period of the previous fiscal year, due to higher FO sales, i.e. 470%. Excluding FO, however, sales remained broadly unchanged at 3.85 million tons in 1QFY27, compared with 3.85 million tons a year earlier. Among major OMCs, Pakistan State Oil (PSO) recorded a 12% YoY increase in September sales to 639,000 tons, with HSD volumes rising 9% and MS sales increasing 15%. PSO’s sales also increased 12% MoM. Attock Petroleum Limited (APL) recorded 116,000 tons in sales, unchanged YoY, while Wafi Energy Pakistan’s volumes declined 6% to 110,000 tons. Hascol Petroleum’s sales fell 14% YoY to 37,000 tons, with MS volumes declining 26% and HSD sales rising 15%. For 1QFY27, PSO’s total sales increased 18% YoY to 1.91 million tons, while APL’s volumes rose 11% to 364,000 tons. Wafi’s sales increased 6% to 348,000 tons, whereas Hascol’s volumes declined 12% to 114,000 tons. [...]

Gold per tola gains Rs2,000 in Pakistan
October 2, 2026 7:37
Gold per tola gains Rs2,000 in Pakistan

Gold prices in Pakistan increased on Friday in line with their gain in the international market. In the local market, gold price per tola reached Rs440,636 after a gain of Rs2,000 during the day. Similarly, 10-gram gold was sold at 377,774 after it increased by Rs1715, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs438,636 after a decline of Rs3,000 during the day. The international rate of gold was up by $20 to reach $4,181 per ounce. Meanwhile, the price of silver increased by Rs50 to reach Rs6,578 per tola. [...]

Kanye West's planned Russia concerts cancelled, organiser says
October 2, 2026 7:36
Kanye West's planned Russia concerts cancelled, organiser says

MOSCOW: Two concerts by US rapper Kanye West in Russia that had been scheduled for October have been cancelled, the show’s ​organiser, Say Agency, said. West, who is also known as ‌Ye, had been due to perform in St Petersburg. However, a week after the concerts were announced in mid-August, the venue due to host them said it ​had never signed a contract with the organisers, a separate ​Moscow-based company. The shows had remained in limbo ever since, with ⁠organisers providing no clear confirmation of whether they would go ​ahead. “Friends, it is with sincere regret that we inform you that the ​YE concerts in St. Petersburg will not be able to take place on the scheduled dates. We will issue an official statement regarding the status of ​the project and our future plans in the near future,” Say ​Agency posted on Telegram on Wednesday. West has faced concert cancellations and performance bans in ‌several ⁠European countries this year following a series of past antisemitic remarks, including praise for Adolf Hitler, and the use of Nazi imagery. In January West apologised for the remarks, which he attributed to an undiagnosed brain ​injury and untreated ​bipolar disorder. Had the ⁠concerts gone ahead, West would have become one of the biggest international music stars to visit Russia ​since Moscow launched its full-scale war against Ukraine in ​2022. Supermodel Naomi Campbell wins appeal against charity trustee ban The planned ⁠gigs had drawn criticism from some Russian pro-war military bloggers, who questioned the appropriateness of hosting a US performer while Washington continues to provide ⁠military ​and financial support to Ukraine. Russian Foreign Ministry ​spokeswoman Maria Zakharova criticised the planned shows, calling them unacceptable and citing what she ​described as the West’s “glorification” of Hitler. [...]

Supermodel Naomi Campbell wins appeal against charity trustee ban
October 2, 2026 7:33
Supermodel Naomi Campbell wins appeal against charity trustee ban

LONDON: Supermodel Naomi Campbell won her appeal on Thursday against a five-year ban from being a charity trustee, with a London tribunal ruling ​that the misuse of funds at the charity she founded had been ‌concealed from her. Campbell, one of fashion’s most recognisable faces, founded Fashion for Relief in 2005, aiming to raise funds for humanitarian causes by staging runway shows. But it was removed from the Charity ​Commission’s register in 2024 and Campbell banned as a trustee shortly afterward following ​complaints of mismanagement and misconduct. The Charity Commission found widespread financial mismanagement, ⁠including money raised for good causes having been spent on spa treatments, cigarettes and ​room service when Campbell was staying at a five-star hotel near Cannes in southern ​France in May 2018. A lawyer acting as a trustee for the charity also received around £290,000 ($382,771) in unauthorised payments for apparent consultancy fees. Campbell, however, said she had no knowledge that charity funds were spent ​on her expenses and was deceived by another trustee about the unauthorised payments. Maxhosa Africa brings pan-Africanism to Paris Fashion Week Her appeal ​was allowed by the First-Tier Tribunal, which said in its ruling that there was “serious misconduct and ‌mismanagement” ⁠at Fashion for Relief, but that the unauthorised payments and misuse of funds were concealed from Campbell. The tribunal also found that Campbell “was not responsible for the inappropriate use of the charity’s resources or any unjustified expenditure” during her 2018 hotel stay. Campbell “did share ultimate ​responsibility for the charity’s ​failure to keep ⁠proper minutes and file its accounts on time”, the tribunal added, but ruled that did not mean she was unfit to ​be a charity trustee. “I’m so grateful to the tribunal and the ​judges for ⁠taking the time to hear my side, look at the evidence and see the truth of what happened,” Campbell said in a statement. The Charity Commission said it was considering ⁠if the ​ruling had “any wider implications for our work.” “Because of ​our regulatory interventions to protect Fashion for Relief’s funds, other charities received almost £250,000 owed to them,” a Charity ​Commission spokesperson said. [...]

Ireland and Austria draw 2-2 in game briefly halted by protesters
October 2, 2026 7:30
Ireland and Austria draw 2-2 in game briefly halted by protesters

DUBLIN: Ireland drew 2-2 with Austria in the Nations League on Thursday in a game disrupted after tennis balls were thrown onto the pitch at the Aviva Stadium by those protesting ​against the Irish team fulfilling their fixtures against Israel. Ireland were 1-0 up in front ‌of a sell-out crowd when the referee suspended the match briefly in the 20th minute as a small number of tennis balls featuring the Palestinian flag were thrown onto the pitch from behind both goals. The players were sent for a cooling break ​and play resumed just over two minutes later. A man draped in a Palestinian flag ​attempted to enter the pitch later in the first half, before being led ⁠away by security. Ireland are one of Europe’s most outspoken critics of Israel’s war in Gaza, and protests calling ​for the team to boycott the fixtures with Israel have been ongoing since February’s Nations League draw ​pitted the two countries together. Ireland keeper Gavin Bazunu withdrew from the squad on the eve of Sunday’s 3-0 away win over Israel, played in Hungary, which went ahead after the players held two votes on Saturday, with a majority opting ​to fulfil the fixture. Messi becomes the majority owner of Spanish club Eldense The rest of the game passed away without further incident and the Stop ​the Game campaign issued a statement at halftime. “The protest is now over,” the statement said. “It was a token act, ‌deliberately limited, ⁠but necessary and done in solidarity with Gavin Bazunu and the people of Palestine facing genocide.” Parrott on the double Troy Parrott put Ireland ahead in the 12th minute with a delightful goal, weaving and nutmegging his way past three Austrian defenders and into the area before striking low into the far corner. Parrott doubled Ireland’s lead ​from the penalty spot ​on the stroke of ⁠halftime but the hosts let their two-goal lead slip after the break with substitutes Alexander Prass and Michael Gregoritsch netting for Austria. Bazunu was on the ​bench for Thursday’s game but will not take part in the home game ​against Israel, ⁠scheduled for next Sunday, which was moved by the Football Association of Ireland (FAI) to Serbia and will be played behind closed doors in Backa Topola. FAI members voted in November for its board to request that UEFA suspend ⁠Israel ​from European competitions, but a motion in favour of proceeding ​with the fixtures was passed at a meeting in July. During Ireland’s friendly with Qatar in May at the Aviva Stadium, the match ​was halted twice during the first half, for a similar protest. [...]

Seven terrorists killed in North Waziristan IBO: state media
October 2, 2026 7:17
Seven terrorists killed in North Waziristan IBO: state media

At least seven terrorists have been killed by security forces during an intelligence based operation in Eidak area of North Waziristan, state media Radio Pakistan reported on Friday citing security sources. Security sources said security forces pursued the terrorists of Fitna al Khawarij with determination and combat skills and destroyed their hideouts. President Asif Ali Zardari and Prime Minister Muhammad Shehbaz Sharif commended the security forces for carrying out successful intelligence-based operation against the Fitna al-Khawarij terrorists in Eidak area of North Waziristan. In a statement, the president appreciated the professional capabilities of the security forces for killing seven terrorists in the operation. “The efforts of the security forces to completely eradicate terrorism and establish lasting peace under the Azm-e-Istehkam initiative are commendable,” the president added. Separately, PM Shehbaz said the successful operations against terrorists are a reflection of the professionalism of our security forces and our national resolve. The prime minister said in a statement issued by the PM Office that the security forces also destroyed the hideouts of the Fitna al-Khawarij terrorists during the operation, which was commendable. “The outstanding performance of the officers and personnel of the security forces and law-enforcement agencies is a guarantee of the country’s peace and security,” he said and added that the entire nation stood shoulder to shoulder with the security forces in thwarting the nefarious designs of the Fitna al-Khawarij terrorists. He said that the security forces will continue their full-scale operations until the elimination of all terrorist elements. “The entire nation is proud of its brave armed forces,” the prime minister said. Federal Interior Minister Mohsin Naqvi also paid tribute to the security forces for executing a successful intelligence-based operation against Khwarij in the Eidak area of North Waziristan. “The brave sons of the nation who sent seven Indian-sponsored terrorists to hell are the heroes of the nation,” the minister said. [...]

Pakistan calls Houthi attack on Madinah power station a grave provocation
October 2, 2026 7:02
Pakistan calls Houthi attack on Madinah power station a grave provocation

Pakistan on Friday condemned the attack by the Houthi militia on the Taibah power distribution station in Madinah. In a statement, Foreign Office Spokesperson Sajjad Haider Khan said this reprehensible attack against civilian infrastructure supplying electricity to the Holy Prophet’s (PBUH) Mosque is a grave provocation and a matter of deep concern and anguish for millions of Muslims worldwide. The Saudi-led coalition fighting Yemen’s Houthis said on Thursday the militant group had attacked a power distribution station in Madina this week, putting one transformer out of service but without affecting the electricity network. The coalition said an investigation and examination of drone wreckage confirmed Houthi involvement in planning and carrying out Tuesday’s attack. It said the station supplies electricity to the Prophet’s Mosque, one of Islam’s holiest sites. A Houthi military source, quoted by the Houthi-run Saba news agency, denied the accusation Calling for an immediate and unconditional end of such reckless actions that also constitute a grave threat to regional peace and security, the FO spokesperson said, “The sanctity of the Two Holy Mosques and the safety of worshippers and pilgrims must be respected under all circumstances.” Khan reaffirmed Pakistan’s unwavering solidarity with the brotherly Kingdom of Saudi Arabia and expressed full support for the Kingdom’s sovereignty, territorial integrity and security. “Pakistan stands firmly with Saudi Arabia in its efforts to safeguard the Two Holy Mosques, protect its people and ensure the safety of pilgrims,” he said. He said Pakistan has been and will continue to make all efforts for achieving lasting peace and stability in the region. Islamabad has vowed to defend Saudi Arabia in any conflict, reaffirming commitment to the kingdom’s security amid renewed tensions involving Yemen’s Houthi rebels. “We are there to help Saudi Arabia in any conflict, whether it is coming from the Houthis or a country or any other outfit that threatens Saudi Arabia’s security. We will be there to defend them,” Defence Minister Khawaja Asif said in a recent interview with Al Jazeera. His remarks come as fighting between the Houthis and the Yemeni government has intensified, with Riyadh becoming increasingly involved in the conflict. The Houthis have declared a maritime blockade on Saudi Arabia and targeted ships in the Red Sea, while both sides have claimed attacks against each other. Pakistan has recently reaffirmed its security commitments to Saudi Arabia under bilateral and multilateral defence arrangements. [...]

Australian shares rebound from three-month low, remain on track for weekly loss
October 2, 2026 5:53
Australian shares rebound from three-month low, remain on track for weekly loss

Australian shares rose on Friday, recovering from a more than three-month low hit in the previous session as banks, energy stocks and easing bond yields lifted the benchmark, although it remained on track for a fifth consecutive weekly decline. The S&P/ASX 200 index was up 0.4% at 8,647.8 points as of 0007 GMT. For the week, as markets contended with a 15-year high cash rate and softer-than-expected yet stubbornly high inflation, the benchmark index was down 0.2%. The benchmark closed 2% lower on Thursday, its lowest level since mid-June, pressured by a spike in bond yields. Australian government bond yields fell in tandem with US Treasuries, with the benchmark 10-year yield easing to 5.36% and the three-year yield to 4.88%. Financials rose as much as 0.6%, but were on track for a fourth consecutive weekly decline if current momentum persists. All “Big Four” banks were up between 0.2% and 0.8%. Energy stocks advanced 1.8%, headed for their best day since mid-September, as oil prices jumped overnight after China halted fuel exports. Sub-index heavyweights Santos and Woodside added 2.2% and 1.5%, respectively. Miners climbed 0.7%, with behemoths BHP, Rio Tinto adding 0.7% and 0.5%, respectively, while gold stocks were up 0.4%. Technology stocks rose as much as 3.8%, notching their highest level since early September. The gauge is set to snap a sixth consecutive weekly loss, up 5.8% so far this week. Consumer staples and discretionary stocks added 1% and 0.4%, respectively. Bucking the broader positive trend, healthcare sub-index slipped 0.5% while real estate stocks shed 0.6%. Across the Tasman Sea, New Zealand’s benchmark S&P/NZX 50 index fell 0.7% to 13,715.99 points. [...]

Australia, New Zealand dollars at multi-month lows as yields buffers shrink
October 2, 2026 5:51
Australia, New Zealand dollars at multi-month lows as yields buffers shrink

SYDNEY: The Australian and New Zealand dollars were pinned around multi-month lows on Friday as the greenback extended its bull run through major chart levels, while bonds found some relief from a rare rally in Treasuries. The Aussie was heading for its fourth straight week of losses as US yields surged and shrank the premium offered by Australian debt to the smallest in a year. That left the Aussie down at $0.6920, having slipped 0.2% overnight to hit a three-month trough of $0.6904. It was down a hefty 1.4% for the week and threatening previous lows at $0.68665 and $0.6834. The currency drew some indirect support from a broad fall in the euro as concerns about French debt saw the single currency skid 0.6% to A$1.1624. The kiwi dollar huddled at an 11-month trough of $0.5592, after a break of $0.5627 triggered another wave of selling. Major support now lies at $0.5581 and a breach would risk a retreat to $0.5485. Australian bonds have fared a bit better than the currency as a pullback in wagers for an October rate hike saw 3-year yields drop 11 basis points on the week to 4.898%. While the Reserve Bank of Australia did raise rates to a 15-year high of 4.6% on Tuesday, investors got the impression policymakers wanted to gauge the impact of its tightening before moving again. A sharp downturn in the housing market has also combined with a steady rise in unemployment to lower the probability of an October hike to 22%, and even a December move is now put at just 38%. “While currently inflation concerns outweigh growth concerns, the RBA Board will need to remain attentive to emerging downside risks over coming months,” said Adam Bowe, head of Australia portfolio management at PIMCO. “With economic cracks emerging, a moderating fiscal impulse, and strong demand for Australian dollar denominated bonds, we view Australian duration as attractive at current levels.” That demand has helped cushion Australian government bonds from the fallout in Treasuries, shrinking the 10-year yield premium to a one-year low of 11 basis points. It is that outperformance that has undermined the Aussie’s interest rate buffer on the greenback. [...]

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

EU discusses French proposal to release diesel stocks as US export ban looms
October 2, 2026 10:01
EU discusses French proposal to release diesel stocks as US export ban looms

EU discusses French proposal to release diesel stocks as US export ban looms The European Union member states have discussed a French proposal to release strategic diesel stocks to address soaring fuel prices, following pressure from the United States. According to Reuters as cited by the... [...]

South Korea issues stern warning to Ukraine: 'Apologise or face further action'
October 2, 2026 9:09
South Korea issues stern warning to Ukraine: 'Apologise or face further action'

South Korea issues stern warning to Ukraine: ‘Apologise or face further action’ South Korea’s President Lee Jae Myung has issued a stern warning to Ukraine over the North Korean POW transfer row. In a recent warning, Lee threatened to take unspecific actions against Kyiv if... [...]

US pressures Europe over diesel reserves as Trump threatens export ban: report
October 2, 2026 7:40
US pressures Europe over diesel reserves as Trump threatens export ban: report

In a recent update, U.S. President Donald Trump threatens US diesel export ban unless European allies release emergency fuel stocks.As surging fuel costs and geopolitical conflict strain domestic markets, Washington urges European allies to tap emergency stockpiles or face severe restrictions on... [...]

Putin warns West of 'all weapons' as Kaliningrad becomes new flashpoint
October 2, 2026 6:37
Putin warns West of 'all weapons' as Kaliningrad becomes new flashpoint

Putin warns West of ‘all weapons’ as Kaliningrad becomes new flashpoint Russian President Vladimir Putin has issued a new warning to the West against war in Ukraine with more emphasis on its Baltic exclave of Kaliningrad’s security. Speaking at the Valdai Discussion club in... [...]

New York AG takes over Cornell gang rape probe after Hochul 'lost faith' in DA
October 2, 2026 4:49
New York AG takes over Cornell gang rape probe after Hochul 'lost faith' in DA

Letitia James will have authority to investigate the allegations and, if warranted, prosecute offences and present evidence to a grand juryNew York Attorney General Letitia James has been appointed special prosecutor to investigate allegations that a former Cornell University student was gang... [...]

US tells France and Germany to release diesel reserves or face export ban
October 2, 2026 4:00
US tells France and Germany to release diesel reserves or face export ban

US tells France and Germany to release diesel reserves or face export banUS President Donald Trump's administration has reportedly threatened to restrict diesel exports to parts of Europe unless countries including France and Germany release fuel from emergency reserves.Washington has asked the... [...]

Canada fast-tracks new Alberta-to-B.C. Pacific Link oil pipeline
October 2, 2026 2:00
Canada fast-tracks new Alberta-to-B.C. Pacific Link oil pipeline

Canadian Prime Minister Mark Carney has designated the proposed Pacific Link oil pipeline as Canada’s first project of national interest under the Building Canada Act.The proposed 1,200-kilometre pipeline would run from Bruderheim, Alberta, to Delta, British Columbia, and carry an additional... [...]

Trump economic approval hits new low as Americans blame him for rising prices
October 2, 2026 1:57
Trump economic approval hits new low as Americans blame him for rising prices

Trump economic approval hits new low as Americans blame him for rising pricesMost Americans blame US President Donald Trump’s policies for persistently high prices as his approval on the economy falls to a new low, according to an AP-NORC poll.The survey found 65 percent of US adults believe... [...]

Russia reveals why Kanye West's shows were cancelled
October 2, 2026 1:42
Russia reveals why Kanye West's shows were cancelled

Russia reveals why Kanye West’s shows were cancelledIn August, dates for Kanye West's tour in Russia were announced. The shows have now been officially cancelled.However, the status of the concerts was uncertain for a while after the Gazprom Arena - the stadium in St. Petersburg where the... [...]

New ICE rules require body cameras and ban high-speed car chases
October 2, 2026 1:11
New ICE rules require body cameras and ban high-speed car chases

New ICE rules require body cameras and ban high-speed car chasesUS Immigration and Customs Enforcement has banned officers from engaging in high-speed car chases and introduced stricter rules for traffic stops following several shootings involving drivers.Under new internal guidance obtained by... [...]

Brazil investigates reported Trump funding for campaign against Supreme Court
October 2, 2026 12:49
Brazil investigates reported Trump funding for campaign against Supreme Court

Brazil investigates reported Trump funding for campaign against Supreme CourtBrazil’s attorney general has warned that foreign interference “cannot be tolerated” after a report revealed Trump administration plans to fund groups challenging the country’s Supreme Court.Jorge... [...]

France school protests turn violent with more than 160 schools shut
October 2, 2026 12:29
France school protests turn violent with more than 160 schools shut

France school protests turn violent with more than 160 schools shutHigh-school protests across France have escalated into what government officials described as “urban violence”, prompting Prime Minister Sébastien Lecornu to call a crisis cabinet meeting.The demonstrations began... [...]

US data centre ran dozens of generators without permits for nearly a year, report finds
October 2, 2026 12:09
US data centre ran dozens of generators without permits for nearly a year, report finds

Xiaomeng Jin, an assistant professor at Rutgers University, estimated the generators released about 140 tons of nitrogen oxidesA Microsoft-linked data centre in New Jersey emitted large amounts of air pollution while operating gas-powered generators without permits for nearly a year, according to... [...]

Man previously detained in Nancy Guthrie case 'booked' into jail
October 2, 2026 12:06
Man previously detained in Nancy Guthrie case 'booked' into jail

Man previously detained in Nancy Guthrie case 'booked' into jailLuke Daley, an Arizona man who was previously detained by the investigators over the disappearance of Nancy Guthrie, has now been booked into the Pima County jail.According to Jonathan Lee Riches, a self-styled investigator on social... [...]

UK, France and Baltic states excluded from Pentagon-led NATO talks
October 1, 2026 11:49
UK, France and Baltic states excluded from Pentagon-led NATO talks

UK, France and Baltic states excluded from Pentagon-led NATO talksUS President Donald Trump administration has reportedly excluded the UK, France and the Baltic states from a Pentagon-led meeting in Poland focused on NATO’s future.The meeting, expected next month, will be led by Pentagon... [...]

پارلیمنٹ ہاؤس: نمازِ جمعہ میں حکومت و اپوزیشن کے مذاکرات کی کامیابی کیلئے خصوصی دعا
October 2, 2026 9:10
پارلیمنٹ ہاؤس: نمازِ جمعہ میں حکومت و اپوزیشن کے مذاکرات کی کامیابی کیلئے خصوصی دعا

اسکرین گریبحکومت اور اپوزیشن کے درمیان مذاکرات نمازِ جمعہ کے وقفے کے بعد دوبارہ شروع ہو گئے۔مذاکرات پارلیمنٹ ہاؤس میں اسپیکر چیمبر... [...]

شمالی وزیرستان: سیکیورٹی فورسز کی کارروائی، 7 دہشتگرد ہلاک
October 2, 2026 8:10
شمالی وزیرستان: سیکیورٹی فورسز کی کارروائی، 7 دہشتگرد ہلاک

— تصویر، اسکرین گریبشمالی وزیرستان میں سیکیورٹی فورسز نے خفیہ اطلاع پر کارروائی کر کے 7 دہشت گردوں کو ہلاک کر دیا۔سیکیورٹی ذرائع کے... [...]

میرے اور مریم کے درمیان معمولی جھگڑے ہوتے ہیں، اہلیہ ہی مناتی ہیں: کیپٹن (ر) صفدر
October 2, 2026 8:10
میرے اور مریم کے درمیان معمولی جھگڑے ہوتے ہیں، اہلیہ ہی مناتی ہیں: کیپٹن (ر) صفدر

— فائل فوٹووزیرِ اعلیٰ پنجاب مریم نواز کے شوہر کیپٹن صفدر نے کہا ہے کہ میاں بیوی میں جھگڑے پر منانے کی پیش رفت مریم کی طرف سے ہی ہوتی... [...]

غزہ مارچ 4 اکتوبر کو ہوگا، اہل کراچی گھروں سے نکلیں: منعم ظفر خان
October 2, 2026 7:10
غزہ مارچ 4 اکتوبر کو ہوگا، اہل کراچی گھروں سے نکلیں: منعم ظفر خان

منعم ظفر خان---فائل فوٹو امیرِ جماعتِ اسلامی کراچی منعم ظفر خان نے اعلان کیا ہے کہ جماعتِ اسلامی 4 اکتوبر کو شاہراہ قائدین پر غزہ... [...]

حکومت اور اپوزیشن کے درمیان نماز جمعہ کے بعد مذاکرات کا ایک بار پھر آغاز
October 2, 2026 7:10
حکومت اور اپوزیشن کے درمیان نماز جمعہ کے بعد مذاکرات کا ایک بار پھر آغاز

اسکرین گریبحکومت اور اپوزیشن کے درمیان مذاکرات کا آغاز ہو گیا۔مذاکرات پارلیمنٹ ہاؤس میں اسپیکر چیمبر میں، اسپیکر قومی اسمبلی ایاز... [...]

حافظ نعیم الرحمٰن نے تحریکِ تحفظِ آئینِ پاکستان کی اے پی سی میں شرکت کی دعوت قبل کر لی
October 2, 2026 7:10
حافظ نعیم الرحمٰن نے تحریکِ تحفظِ آئینِ پاکستان کی اے پی سی میں شرکت کی دعوت قبل کر لی

  ---اسکرین گریباسلام آباد میں تحریکِ تحفظ آئین پاکستان کے وفود نے جماعتِ اسلامی کے امیر حافظ نعیم الرحمٰن سے ملاقات کی ہے۔ملاقات کے... [...]

سیاسی جماعتیں ذمے داری محسوس کریں، مذاکرات کے حامی رہے ہیں: طلال چوہدری
October 2, 2026 6:10
سیاسی جماعتیں ذمے داری محسوس کریں، مذاکرات کے حامی رہے ہیں: طلال چوہدری

وزیر مملکت برائے داخلہ طلال چوہدری---فائل فوٹووزیرِ مملکت برائے داخلہ طلال چوہدری نے کہا ہے کہ سیاسی جماعتوں کو اپنی ذمے داری محسوس... [...]

محمود اچکزئی کا اسپیکر چیمبر میں مذاکرات کے لیے جانے سے انکار، پی ٹی آئی کا نیا وفد تشکیل
October 2, 2026 6:10
محمود اچکزئی کا اسپیکر چیمبر میں مذاکرات کے لیے جانے سے انکار، پی ٹی آئی کا نیا وفد تشکیل

 اپوزیشن لیڈر محمود خان اچکزئی---فائل فوٹو اسلام آباد میں اپوزیشن لیڈر محمود خان اچکزئی نے آج مذاکرات کے لیے اسپیکر قومی اسمبلی کے... [...]

لاہور: کاہنہ میں سی سی ڈی کا مبینہ مقابلہ، اپنے ہی ساتھیوں کی فائرنگ سے 2 ملزمان ہلاک
October 2, 2026 6:10
لاہور: کاہنہ میں سی سی ڈی کا مبینہ مقابلہ، اپنے ہی ساتھیوں کی فائرنگ سے 2 ملزمان ہلاک

  ---فائل فوٹولاہور کے علاقے کاہنہ میں سی سی ڈی کا مبینہ مقابلہ ہوا، جس کے دوران اپنے ہی ساتھیوں کی فائرنگ سے 2 ملزمان ہلاک... [...]

مدینہ منورہ پر حملہ امت مسلمہ کے دلوں اور عقیدے پر حملہ ہے: مولانا فضل الرحمٰن
October 2, 2026 6:10
مدینہ منورہ پر حملہ امت مسلمہ کے دلوں اور عقیدے پر حملہ ہے: مولانا فضل الرحمٰن

سربراہ جمعیت علمائے اسلام مولانا فضل الرحمٰن---فائل فوٹوجمعیت علمائے اسلام کے سربراہ مولانا فضل الرحمٰن نے مدینہ منورہ پر حوثیوں کے... [...]

کرک: گیس لیکیج سے دھماکا، بچی و خاتون جاں بحق، 10 افراد زخمی
October 2, 2026 5:10
کرک: گیس لیکیج سے دھماکا، بچی و خاتون جاں بحق، 10 افراد زخمی

— فائل فوٹو کرک میں گھر کے اندر گیس کی لیکیج سے ہوئے دھماکے میں بچی اور خاتون جاں بحق جبکہ 10 افراد زخمی ہو گئے۔ریسکیو ترجمان کے مطابق ... [...]

فیصل آباد:خواتین بائیکرز کی محفوظ رائیڈنگ کیلئے آگاہی کی ریلی، اسکوٹیز آپس میں ٹکرا گئیں
October 2, 2026 5:10
فیصل آباد:خواتین بائیکرز کی محفوظ رائیڈنگ کیلئے آگاہی کی ریلی، اسکوٹیز آپس میں ٹکرا گئیں

— اسکرین گریبفیصل آباد میں خواتین موٹر سائیکل سواروں میں ٹریفک قوانین، روڈ سیفٹی اور محفوظ رائیڈنگ سے متعلق آگاہی کے لیے ریلی کا... [...]

شکارپور: پراپرٹی کا تنازع، 10 سالہ بچے پر پیٹرول چھڑک کر آگ لگا دی گئی
October 2, 2026 4:10
شکارپور: پراپرٹی کا تنازع، 10 سالہ بچے پر پیٹرول چھڑک کر آگ لگا دی گئی

— فائل فوٹو شکارپور کی عبداللّٰہ کالونی میں پراپرٹی کے تنازع پر افسوس ناک واقعہ پیش آیا ہے، جہاں 10 سالہ بچے پر پیٹرول چھڑک کر آگ لگا... [...]

کراچی: کورنگی میں واٹر ٹینکر کی موٹرسائیکل کو ٹکر، 1 شخص جاں بحق
October 2, 2026 4:10
کراچی: کورنگی میں واٹر ٹینکر کی موٹرسائیکل کو ٹکر، 1 شخص جاں بحق

—فائل فوٹوکراچی میں پانی کے ٹینکر کی وجہ سے ایک اور شہری کی جان چلی گئی۔ریسکیو ذرائع کے مطابق کورنگی سنگر چورنگی کے قریب واٹر ٹینکر... [...]

ایران پر امریکی پابندیوں کی پاسداری کرتے ہیں، پاکستان
October 1, 2026 8:10
ایران پر امریکی پابندیوں کی پاسداری کرتے ہیں، پاکستان

ترجمان دفتر خارجہ نے کہا ہے کہ پاکستان ایران پر تمام قابل اطلاق امریکی پابندیوں کی پاسداری کرتا ہے۔دفتر خارجہ کے ترجمان نے بریفنگ... [...]

مدینہ منورہ میں بجلی کی تنصیب پر حملہ، پاکستان کی شدید مذمت
October 2, 2026 6:10
مدینہ منورہ میں بجلی کی تنصیب پر حملہ، پاکستان کی شدید مذمت

—تصاویر بشکریہ سوشل میڈیاپاکستان نے مدینہ منورہ میں شہری بجلی کی تنصیب پر حوثی ملیشیا کے حملے کی شدید مذمت کی ہے۔دفترِ خارجہ کی جانب... [...]

سعودی عرب نے اماراتی پرواز واقعے کے ذمے دار پائلٹ کو متحدہ عرب امارات کے حوالے کر دیا
October 2, 2026 6:10
سعودی عرب نے اماراتی پرواز واقعے کے ذمے دار پائلٹ کو متحدہ عرب امارات کے حوالے کر دیا

— تصویر بشکریہ غیر ملکی میڈیاسعودی عرب نے دبئی سے تل ابیب جانے والی اماراتی ایئر لائن کے عمانی معاون پائلٹ کو متحدہ عرب امارات کے... [...]

میگھن مارکل کا کیٹ مڈلٹن کو شکست دینے کے منصوبے کا انکشاف
October 2, 2026 5:10
میگھن مارکل کا کیٹ مڈلٹن کو شکست دینے کے منصوبے کا انکشاف

---فائل فوٹوشاہی خاندان سے علیحدگی کے بعد برطانوی پرنس ہیری کی اہلیہ امریکی اداکارہ میگھن مارکل کیٹ مڈلٹن کو شہرت میں پیچھے چھوڑنے... [...]

حوثی جنگجوؤں کے ٹھکانوں پر 20 فضائی حملے کیے: یمنی افواج
October 2, 2026 5:10
حوثی جنگجوؤں کے ٹھکانوں پر 20 فضائی حملے کیے: یمنی افواج

— فائل فوٹویمنی افواج کے ترجمان نے کہا ہے کہ فضائیہ نے صوبہ تعز کے مختلف علاقوں میں حوثی جنگجوؤں کے ٹھکانوں پر 20 فضائی حملے کیے... [...]

امریکا سے خراب ہوتے تعلقات پر مودی حکومت اندرونی دباؤ اور مشکلات سے دو چار
October 2, 2026 5:10
امریکا سے خراب ہوتے تعلقات پر مودی حکومت اندرونی دباؤ اور مشکلات سے دو چار

---فائل فوٹو بھارت نے امریکی صدر ڈونلڈ ٹرمپ کی بھارت سے متعلق پالیسیوں پر کھل کر تحفظات کا اظہار شروع کر دیا جبکہ امریکا کی پاکستان... [...]

اماراتی پرواز واقعے پر نیتن یاہو کو شدید تنقید کا سامنا
October 2, 2026 5:10
اماراتی پرواز واقعے پر نیتن یاہو کو شدید تنقید کا سامنا

—فوٹو بشکریہ ایکس دبئی سے تل ابیب جانے والی فلائی دبئی کی پرواز میں پیش آنے والے واقعے کو  سوشل میڈیا پر اسرائیلی پروپیگنڈا قرار... [...]

ایران سمجھداری کا مظاہرہ کرے ورنہ زیادہ دیر موجود نہیں رہے گا: ٹرمپ
October 2, 2026 4:10
ایران سمجھداری کا مظاہرہ کرے ورنہ زیادہ دیر موجود نہیں رہے گا: ٹرمپ

 امریکی صدر ڈونلڈ ٹرمپ---فائل فوٹو  امریکی صدر ڈونلڈ ٹرمپ نے ایران کو خبردار کرتے ہوئے تہران کی جانب سے امریکا کے ساتھ معاہدے پر... [...]

ایران سے متعلق ٹرمپ کی پالیسی سے 71 فیصد امریکی نالاں، 69 فیصد نے جنگ کو غیر ضروری قرار دیدیا
October 2, 2026 4:10
ایران سے متعلق ٹرمپ کی پالیسی سے 71 فیصد امریکی نالاں، 69 فیصد نے جنگ کو غیر ضروری قرار دیدیا

 امریکی صدر ڈونلڈ ٹرمپ---فائل فوٹونومبر میں ہونے والے وسط مدتی انتخابات سے 1 ماہ قبل کیے گئے نئے اے پی اور نورک سروے میں امریکی صدر... [...]

امریکی قانون سازوں نے مغربی کنارے میں اسرائیلی بستیوں کیخلاف قانون پیش کر دیا
October 2, 2026 4:10
امریکی قانون سازوں نے مغربی کنارے میں اسرائیلی بستیوں کیخلاف قانون پیش کر دیا

---فائل فوٹو امریکی کانگریس کی رکن روزا ڈی لاؤرو نے ساتھی ارکان کے ہمراہ مقبوضہ مغربی کنارے میں اسرائیلی بستیوں کی توسیع روکنے کے لیے... [...]

ایران کے قریب فوجی طاقت بڑھانے کیلئے 3 امریکی طیارہ بردار بحری جہاز تعینات
October 2, 2026 4:10
ایران کے قریب فوجی طاقت بڑھانے کیلئے 3 امریکی طیارہ بردار بحری جہاز تعینات

---فوٹو بشکریہ غیر ملکی میڈیاامریکا نے ایران کے قریب فوجی طاقت بڑھانے کے لیے مشرقِ وسطیٰ میں تیسرا طیارہ بردار بحری بیڑا اور 2000 میرینز... [...]

ویٹو کے باوجود ایران پر اقوامِ متحدہ کی پابندیاں برقرار ہیں: برطانیہ
October 2, 2026 4:10
ویٹو کے باوجود ایران پر اقوامِ متحدہ کی پابندیاں برقرار ہیں: برطانیہ

برطانوی سفیر سارہ میکانٹوش — فائل فوٹوبرطانیہ نے کہا ہے کہ ویٹو کے باوجود ایران پر اقوامِ متحدہ کی پابندیاں برقرار ہیں۔غیر ملکی... [...]

ایران 60 فیصد تک یورینیئم افزودہ کر رہا ہے، جس کا کوئی قابلِ اعتماد پُرامن مقصد نہیں: امریکی مندوب
October 2, 2026 3:10
ایران 60 فیصد تک یورینیئم افزودہ کر رہا ہے، جس کا کوئی قابلِ اعتماد پُرامن مقصد نہیں: امریکی مندوب

اقوامِ متحدہ میں امریکی سفیر مائیک والٹز—تصویر بشکریہ غیر ملکی میڈیااقوامِ متحدہ میں امریکی سفیر مائیک والٹز نے ایران پر جوہری ذمے... [...]

مدینہ منورہ میں بجلی کے نظام پر حملہ، خلیجی و اسلامی ممالک کی شدید مذمت
October 2, 2026 3:10
مدینہ منورہ میں بجلی کے نظام پر حملہ، خلیجی و اسلامی ممالک کی شدید مذمت

---فوٹو بشکریہ عرب میڈیا خلیجی و اسلامی ممالک نے یمن کے حوثیوں کی جانب سے سعودی عرب کے مقدس شہر مدینہ منورہ میں شہری تنصیبات اور مسجدِ... [...]

مکہ مکرمہ: سعودی عرب نے مسجد الحرام میں خودکش بمبار کی موجودگی کی اطلاعات مسترد کر دیں
October 2, 2026 3:10
مکہ مکرمہ: سعودی عرب نے مسجد الحرام میں خودکش بمبار کی موجودگی کی اطلاعات مسترد کر دیں

— فائل فوٹوسعودی حکام نے مکہ مکرمہ کی مسجد الحرام میں خودکش بمبار کی موجودگی سے متعلق اطلاعات کو مسترد کر دیا۔سعودی حکام کا کہنا ہے... [...]

امریکا کے کمیشن برائے عالمی مذہبی آزادی کے سربراہ ڈاکٹر آصف محمود کی آرمینیا کے وزیراعظم سے ملاقات
October 2, 2026 2:10
امریکا کے کمیشن برائے عالمی مذہبی آزادی کے سربراہ ڈاکٹر آصف محمود کی آرمینیا کے وزیراعظم سے ملاقات

تصویر بشکریہ امریکی میڈیاامریکا کے کمیشن برائے عالمی مذہبی آزادی کے سربراہ ڈاکٹر آصف محمود نے آرمینیا کے وزیراعظم نکول پشینیان... [...]

ایران جنگ و عالمی ایندھن بحران کے خدشات، عالمی منڈی میں تیل کی قیمتیں بڑھ گئیں
October 2, 2026 3:10
ایران جنگ و عالمی ایندھن بحران کے خدشات، عالمی منڈی میں تیل کی قیمتیں بڑھ گئیں

---فائل فوٹوعالمی منڈی میں تیل کی قیمتوں میں معمولی اضافہ ہوا ہے، سرمایہ کار ایران سے متعلق کشیدگی میں اضافے، علاقائی تیل کی رسد میں... [...]

پی ایس ایکس میں نومبر کے پہلے کاروباری دن منفی رجحان
October 1, 2026 4:10
پی ایس ایکس میں نومبر کے پہلے کاروباری دن منفی رجحان

پاکستان اسٹاک ایکسچینج میں نومبر کے پہلے کاروباری دن کا رجحان منفی رہا۔ پی ایس ایکس 100 انڈیکس ایک ہزار 332 پوائنٹس کم ہوکر ایک لاکھ 68... [...]

ملک میں سونے کی قیمت بڑھنے کے بعد ایک مرتبہ پھر کم
October 1, 2026 9:10
ملک میں سونے کی قیمت بڑھنے کے بعد ایک مرتبہ پھر کم

—فائل فوٹوملک میں سونے کی قیمت بڑھنے کے بعد ایک مرتبہ پھر گر گئی۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق 3000 روپے کی... [...]

امریکی کمپنیاں پاکستان میں سرمایہ کاری کیلئے آنا چاہتی ہیں: محمد اورنگزیب
October 1, 2026 5:10
امریکی کمپنیاں پاکستان میں سرمایہ کاری کیلئے آنا چاہتی ہیں: محمد اورنگزیب

 محمد اورنگزیب---فائل فوٹو وزیرِ خزانہ محمد اورنگزیب نے کہا ہے کہ بیرونی سرمایہ کاروں کو راغب کرنے کے لیے اقدامات کیے جا رہے ہیں،... [...]

سربراہ آئی ایم ایف نے کہا یہ نیا پاکستان ہے، میں نے کہا یہ نیا پاکستان نہیں، نئی ٹیم ہے: وزیرِ اعظم شہباز شریف
October 1, 2026 5:10
سربراہ آئی ایم ایف نے کہا یہ نیا پاکستان ہے، میں نے کہا یہ نیا پاکستان نہیں، نئی ٹیم ہے: وزیرِ اعظم شہباز شریف

وزیرِ اعظم شہباز شریف— فائل فوٹووزیرِ اعظم شہباز شریف کا کہنا ہے کہ اصلاحات کے لیے وفاقی اور صوبائی حکومتوں کا ٹیم ورک مثالی... [...]

اسٹاک مارکیٹ میں آج کاروبار کا ملا جلا رجحان، 100 انڈیکس میں 368 پوائنٹس کا اضافہ
September 30, 2026 11:09
اسٹاک مارکیٹ میں آج کاروبار کا ملا جلا رجحان، 100 انڈیکس میں 368 پوائنٹس کا اضافہ

پاکستان اسٹاک ایکسچینج میں آج کاروبار کا ملا جلا رجحان رہا جہاں 100 انڈیکس میں 368 پوائنٹس کا اضافہ ہوا۔ پی ایس ایکس بینچ مارک 100... [...]

سونا ایک بار پھر مہنگا
September 30, 2026 10:09
سونا ایک بار پھر مہنگا

---فائل فوٹوعالمی اور علاقائی مارکیٹ میں سونے کی قیمت ایک بار پھر بڑھ گئی۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق 4300... [...]

ایف بی آر نے سیلز ٹیکس رولز 2006ء میں ترمیم کا نوٹیفکیشن جاری کر دیا
September 30, 2026 9:09
ایف بی آر نے سیلز ٹیکس رولز 2006ء میں ترمیم کا نوٹیفکیشن جاری کر دیا

—فائل فوٹوفیڈرل بورڈ آف ریونیو نے سیلز ٹیکس رولز 2006ء میں ترمیم کا نوٹیفکیشن جاری کر دیا۔ نوٹیفکیشن کے مطابق مانیٹرنگ سسٹم سے منسلک... [...]

مالی سال 27-2026 کا سالانہ قرض منصوبہ جاری، 7 ہزار 20 ارب روپے کی فنانسنگ درکار
September 30, 2026 8:09
مالی سال 27-2026 کا سالانہ قرض منصوبہ جاری، 7 ہزار 20 ارب روپے کی فنانسنگ درکار

---فائل فوٹوحکومت نے مالی سال 27-2026 کے لیے سالانہ قرض منصوبہ جاری کردیا، جس کے تحت وفاقی مالی خسارے کے لیے 7 ہزار 20 ارب روپے کی فنانسنگ... [...]

خام تیل کی قیمت 103 ڈالرز فی بیرل سے تجاوز کر گئی
September 30, 2026 3:09
خام تیل کی قیمت 103 ڈالرز فی بیرل سے تجاوز کر گئی

---فائل فوٹوعالمی منڈی میں خام تیل کی قیمتوں میں اضافہ ہو گیا، جس کے بعد برینٹ خام تیل کی قیمت 103 ڈالرز فی بیرل سے تجاوز کر گئی۔برینٹ... [...]

اسٹاک ایکسچینج میں آج کاروبار کا منفی دن، 100 انڈیکس میں 825 پوائنٹس کی کمی
September 29, 2026 2:09
اسٹاک ایکسچینج میں آج کاروبار کا منفی دن، 100 انڈیکس میں 825 پوائنٹس کی کمی

فوٹو: فائلپاکستان اسٹاک ایکسچینج میں کاروبار کا آج منفی دن رہا جہاں 100 انڈیکس میں 825 پوائنٹس کی کمی ہوئی۔پی ایس ایکس بینچ مارک 100... [...]

ملک میں ایک تولہ سونے کی قیمت 800 روپے کم ہوگئی
September 29, 2026 11:09
ملک میں ایک تولہ سونے کی قیمت 800 روپے کم ہوگئی

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

پاکستان اور آئی ایم ایف کے درمیان مذاکرات کا آغاز
September 29, 2026 6:09
پاکستان اور آئی ایم ایف کے درمیان مذاکرات کا آغاز

---فائل فوٹوپاکستان اور عالمی مالیاتی فنڈ کے درمیان ای ایف ایف پروگرام کے چوتھے جائزے کے مذاکرات کا آغاز ہو گیا۔وزارتِ خزانہ کے... [...]

سعودی عرب میں ینبع سے تیل کی ترسیل بحال، روزانہ 2 ملین بیرل لوڈنگ شروع
September 29, 2026 6:09
سعودی عرب میں ینبع سے تیل کی ترسیل بحال، روزانہ 2 ملین بیرل لوڈنگ شروع

---فائل فوٹو سعودی عرب نے یمنی حوثیوں کے حملے کے بعد مشرقی مغربی تیل پائپ لائن کی بحالی کے ساتھ بحیرۂ احمر کی بندرگاہ ینبع سے خام تیل... [...]

تیل کی قیمت 106 ڈالرز فی بیرل کے قریب پہنچ گئی
September 29, 2026 3:09
تیل کی قیمت 106 ڈالرز فی بیرل کے قریب پہنچ گئی

---فوٹو بشکریہ عرب میڈیامشرقِ وسطیٰ میں تیل کی فراہمی متاثر ہونے کے خدشات کے باعث عالمی منڈی میں تیل کی قیمتیں مسلسل دوسرے سیشن میں... [...]

Another viral AI doomsday report claims ‘it’s over.’ Why home prices could take a hit as screen-based jobs disappear.
October 2, 2026 9:25
Another viral AI doomsday report claims ‘it’s over.’ Why home prices could take a hit as screen-based jobs disappear.

Egan-Jones has become the latest to issue a viral AI doomsday report, zeroing in on difficulties facing screen-based workers and the housing market. [...]

‘I don’t want to die on the sales floor’: I’m 67 and earn $19.50 an hour at a big-box store. When can I finally retire?
October 2, 2026 9:15
‘I don’t want to die on the sales floor’: I’m 67 and earn $19.50 an hour at a big-box store. When can I finally retire?

“I started taking Social Security at 66 and receive $2,410 a month. I have $214,000 in my 401(k).” [...]

Amazon is hiking chip-rental prices and reportedly moving Nvidia processors off the balance sheet
October 2, 2026 9:07
Amazon is hiking chip-rental prices and reportedly moving Nvidia processors off the balance sheet

In a sign of the financing crunch facing the hyperscalers financing the AI revolution, Amazon has announced it is raising prices on how much it charges to rent high-performance microchips as it reportedly is going to sell and then lease back Nvidia chips. [...]

Famed former Boston Celtics commentator lists sunny Boston penthouse for $1.5 million
October 2, 2026 8:59
Famed former Boston Celtics commentator lists sunny Boston penthouse for $1.5 million

A piece of sports history has officially hit the market, with former Boston Celtics commentator Mike Gorman listing his Boston penthouse for $1.495 million. [...]

‘I have $400,000 in equity’: I’m 80. Should I sell my house because of dangerous stairs — or spend thousands renovating?
October 2, 2026 1:00
‘I have $400,000 in equity’: I’m 80. Should I sell my house because of dangerous stairs — or spend thousands renovating?

“Generally, the advice I’ve read says not to sell because I have a low-interest-rate mortgage.” [...]

I’m 71 and still working. I earn $108,000 a year. Am I doing the right thing?
October 2, 2026 12:30
I’m 71 and still working. I earn $108,000 a year. Am I doing the right thing?

“I have $152,000 in my IRA and Roth accounts.” [...]

My wife never went back to work after raising our kids. Do I have to share my retirement savings 50/50?
October 2, 2026 12:15
My wife never went back to work after raising our kids. Do I have to share my retirement savings 50/50?

“For 14 years I have gotten up every morning and gone to work while she has been free to pursue whatever interested her.” [...]

Here’s who’s joining the S&P 500 in the index’s latest shakeup
October 2, 2026 12:14
Here’s who’s joining the S&P 500 in the index’s latest shakeup

Twilio gets the nod, as current component Warner Bros Discovery is due to merger with Paramount. [...]

This could be the worst year ever for Nike’s stock, with sales set to fall further
October 2, 2026 12:13
This could be the worst year ever for Nike’s stock, with sales set to fall further

The company has faced struggles in China and in its sneaker business. [...]

The hidden silver lining of high interest rates: safer, cheaper retirement income
October 1, 2026 9:27
The hidden silver lining of high interest rates: safer, cheaper retirement income

Annuity payout rates are closely tied to interest rates [...]

French bonds further deteriorate, hitting European bank stocks
October 2, 2026 9:39
Tesla’s delivery report is just around the corner. Expect a sales drop.
October 1, 2026 11:32
Here’s who’s joining the S&P 500 in the index’s latest shakeup
October 1, 2026 11:14
More older adults are now living in poverty as Social Security cuts loom
October 1, 2026 10:27
The stock market is anything but normal right now, and these charts show it
October 1, 2026 9:18
Dow, S&P 500 and Nasdaq end higher to cap volatile session as chip stocks rally
October 1, 2026 8:02
Dow flat, S&P and Nasdaq up in final hour as Treasury yields pull back — live
October 1, 2026 7:03
The latest oil-price shock rippling through the economy is a refining crisis
October 1, 2026 5:12
30-year mortgage rate posts biggest jump in 4 years — to nearly 7.3%
October 1, 2026 4:08
Inflation in the U.S. is bad, say manufacturers — and it’s not getting better
October 1, 2026 3:27
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
February 6, 2025 1:34
Beyond to buy rights to Buy Buy Baby brand and reunite it with Bed Bath & Beyond
February 3, 2025 1:46
Trump asks Supreme Court to pause TikTok ban
December 28, 2024 12:32
Amazon says it had best-ever Thanksgiving Holiday week with record sales and number of items sold
December 3, 2024 2:05
U.S. stock futures and bond yields drop on reports Putin has updated nuclear doctrine
November 19, 2024 8:55
Charter Communications announces buyout deal for Liberty Broadband at terms above its previous proposal
November 13, 2024 1:52
General Motors unveils new all-electric Cadillac called the Vistiq with 300-mile range
November 12, 2024 1:53
Vestas Wind Systems stock slumps as company says margins to be at low end of guidance
November 5, 2024 8:39
Burberry shares rise on report Moncler could bid for it
November 4, 2024 8:36
Kazatomprom reports 17% increase in production during the third quarter
November 1, 2024 7:36
Anheuser-Busch InBev shares slip as sales come up shy of estimates
October 31, 2024 8:09
Wingstop’s stock slides 12% after profit falls short of estimates
October 30, 2024 12:22
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